2021 Form 10-K Financial Statement
#000149315221031425 Filed on December 14, 2021
Income Statement
| Concept | 2021 | 2020 Q3 | 2020 |
|---|---|---|---|
| Revenue | $95.17K | $1.670K | $6.670K |
| YoY Change | 1326.84% | -90.78% | -63.17% |
| Cost Of Revenue | |||
| YoY Change | |||
| Gross Profit | |||
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $9.906M | $6.036M | $9.737M |
| YoY Change | 1.74% | 11831.84% | 918.92% |
| % of Gross Profit | |||
| Research & Development | $602.1K | ||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $139.1K | $2.350K | $9.350K |
| YoY Change | 1388.02% | 1.29% | 7.84% |
| % of Gross Profit | |||
| Operating Expenses | $10.51M | $6.036M | $0.00 |
| YoY Change | 11831.84% | -100.0% | |
| Operating Profit | -$11.73M | ||
| YoY Change | |||
| Interest Expense | -$7.390K | -$215.0K | -$262.3K |
| YoY Change | -97.18% | 7576.79% | 9266.43% |
| % of Operating Profit | |||
| Other Income/Expense, Net | $3.530K | $59.67K | $149.3K |
| YoY Change | -97.63% | 547.18% | 291.14% |
| Pretax Income | -$11.73M | -$6.190M | -$9.843M |
| YoY Change | 19.19% | 23661.77% | 991.11% |
| Income Tax | -$38.14K | -$30.25K | |
| % Of Pretax Income | |||
| Net Earnings | -$11.69M | -$6.160M | -$9.843M |
| YoY Change | 18.8% | 23545.64% | 991.11% |
| Net Earnings / Revenue | -12286.95% | -368843.71% | -147568.67% |
| Basic Earnings Per Share | -$0.08 | ||
| Diluted Earnings Per Share | -$81.37K | -$51.45K | -$85.44K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 143.7M shares | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 Q3 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $787.2K | $432.1K | $432.1K |
| YoY Change | 82.17% | -3.46% | -3.46% |
| Cash & Equivalents | $787.2K | $432.1K | $432.1K |
| Short-Term Investments | |||
| Other Short-Term Assets | $212.5K | $221.2K | $221.2K |
| YoY Change | -3.91% | 296.43% | 296.43% |
| Inventory | $1.130K | ||
| Prepaid Expenses | |||
| Receivables | $1.570K | ||
| Other Receivables | $19.18K | ||
| Total Short-Term Assets | $1.022M | $913.4K | $913.4K |
| YoY Change | 11.84% | -25.63% | -25.63% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $422.1K | $270.9K | $270.9K |
| YoY Change | 55.81% | 2106.11% | 2106.11% |
| Goodwill | $2.974M | ||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $102.3K | ||
| YoY Change | |||
| Total Long-Term Assets | $2.903M | $4.063M | $4.063M |
| YoY Change | -28.55% | 3519.05% | 3519.05% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.022M | $913.4K | $913.4K |
| Total Long-Term Assets | $2.903M | $4.063M | $4.063M |
| Total Assets | $3.925M | $4.977M | $4.977M |
| YoY Change | -21.14% | 271.28% | 271.28% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | $590.7K | $435.6K | $435.6K |
| YoY Change | 35.59% | 1786.62% | 1786.62% |
| Deferred Revenue | $2.896K | ||
| YoY Change | |||
| Short-Term Debt | $0.00 | $60.08K | $60.08K |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | $708.0K | ||
| YoY Change | |||
| Total Short-Term Liabilities | $2.543M | $2.077M | $2.077M |
| YoY Change | 22.45% | 579.03% | 579.03% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $882.0K | $704.0K | $704.0K |
| YoY Change | 25.28% | 17.33% | 17.33% |
| Other Long-Term Liabilities | $60.33K | $54.10K | $54.10K |
| YoY Change | 11.52% | ||
| Total Long-Term Liabilities | $942.3K | $758.1K | $758.1K |
| YoY Change | 24.3% | 26.35% | 26.35% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $2.543M | $2.077M | $2.077M |
| Total Long-Term Liabilities | $942.3K | $758.1K | $758.1K |
| Total Liabilities | $3.611M | $2.998M | $2.998M |
| YoY Change | 20.42% | 231.0% | 231.0% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | |||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $314.3K | $1.979M | $1.979M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $3.925M | $4.977M | $4.977M |
| YoY Change | -21.14% | 271.28% | 271.28% |
Cashflow Statement
| Concept | 2021 | 2020 Q3 | 2020 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$11.69M | -$6.160M | -$9.843M |
| YoY Change | 18.8% | 23545.64% | 991.11% |
| Depreciation, Depletion And Amortization | $139.1K | $2.350K | $9.350K |
| YoY Change | 1388.02% | 1.29% | 7.84% |
| Cash From Operating Activities | -$3.621M | -$443.0K | -$956.9K |
| YoY Change | 278.39% | 275.18% | 123.78% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$71.07K | $0.00 | -$370.00 |
| YoY Change | 19108.11% | -100.0% | -84.32% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$3.480K | -$718.6K | -$2.057M |
| YoY Change | -99.83% | 60.04% | 149.33% |
| Cash From Investing Activities | -$74.55K | -$718.6K | -$2.057M |
| YoY Change | -96.38% | 59.2% | 148.67% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 4.063M | 1.430M | 2.998M |
| YoY Change | 35.52% | 65.19% | 247.42% |
| NET CHANGE | |||
| Cash From Operating Activities | -3.621M | -443.0K | -956.9K |
| Cash From Investing Activities | -74.55K | -718.6K | -2.057M |
| Cash From Financing Activities | 4.063M | 1.430M | 2.998M |
| Net Change In Cash | 368.2K | 268.5K | -15.47K |
| YoY Change | -2480.28% | -9.36% | -96.05% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$3.621M | -$443.0K | -$956.9K |
| Capital Expenditures | -$71.07K | $0.00 | -$370.00 |
| Free Cash Flow | -$3.550M | -$443.0K | -$956.5K |
| YoY Change | 271.1% | 282.84% | 124.94% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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|
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19135 | USD |
