2021 Q3 Form 10-Q Financial Statement
#000121390021059307 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $2.383M | $2.639M |
| YoY Change | -9.71% | -40.56% |
| Cost Of Revenue | $1.116M | $761.0K |
| YoY Change | 46.6% | -31.44% |
| Gross Profit | $1.267M | $1.878M |
| YoY Change | -32.52% | -43.77% |
| Gross Profit Margin | 53.19% | 71.17% |
| Selling, General & Admin | $1.561M | $2.147M |
| YoY Change | -27.27% | -5.01% |
| % of Gross Profit | 123.19% | 114.3% |
| Research & Development | $203.0K | $257.8K |
| YoY Change | -21.29% | -26.33% |
| % of Gross Profit | 16.01% | 13.73% |
| Depreciation & Amortization | $193.8K | $619.3K |
| YoY Change | -68.7% | 194.92% |
| % of Gross Profit | 15.29% | 32.97% |
| Operating Expenses | $1.764M | $2.405M |
| YoY Change | -26.63% | -7.87% |
| Operating Profit | -$496.9K | -$526.4K |
| YoY Change | -5.61% | -172.11% |
| Interest Expense | -$144.8K | -$551.9K |
| YoY Change | -73.76% | -51.16% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$144.8K | |
| YoY Change | ||
| Pretax Income | -$641.7K | -$1.078M |
| YoY Change | -40.49% | 163.01% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$641.7K | -$1.078M |
| YoY Change | -40.49% | -85.92% |
| Net Earnings / Revenue | -26.93% | -40.86% |
| Basic Earnings Per Share | -$0.12 | |
| Diluted Earnings Per Share | -$107.5K | -$314.8K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 5.969M shares | |
| Diluted Shares Outstanding | 5.969M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $16.05M | $2.093M |
| YoY Change | 666.85% | 55.0% |
| Cash & Equivalents | $16.23M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $955.3K | $535.3K |
| YoY Change | 78.45% | 9.24% |
| Inventory | $912.9K | $872.3K |
| Prepaid Expenses | ||
| Receivables | $67.05K | $57.92K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $17.98M | $3.558M |
| YoY Change | 405.38% | 4.96% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $365.9K | |
| YoY Change | 35.52% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $20.41M | $21.28M |
| YoY Change | -4.06% | -3.07% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $17.98M | $3.558M |
| Total Long-Term Assets | $20.41M | $21.28M |
| Total Assets | $38.39M | $24.83M |
| YoY Change | 54.6% | -2.0% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.229M | $1.997M |
| YoY Change | -38.44% | -6.24% |
| Accrued Expenses | $1.660M | $1.289M |
| YoY Change | 28.7% | -17.87% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $346.4K |
| YoY Change | -100.0% | |
| Long-Term Debt Due | $0.00 | $2.063M |
| YoY Change | -100.0% | 0.12% |
| Total Short-Term Liabilities | $3.962M | $5.695M |
| YoY Change | -30.44% | -1.63% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $8.538M |
| YoY Change | -100.0% | -15.38% |
| Other Long-Term Liabilities | $206.8K | $1.341M |
| YoY Change | -84.58% | 18.68% |
| Total Long-Term Liabilities | $206.8K | $9.880M |
| YoY Change | -97.91% | -11.95% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.962M | $5.695M |
| Total Long-Term Liabilities | $206.8K | $9.880M |
| Total Liabilities | $4.168M | $15.57M |
| YoY Change | -73.24% | -10.33% |
| 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 | $34.23M | $9.259M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $38.39M | $24.83M |
| YoY Change | 54.6% | -2.0% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$641.7K | -$1.078M |
| YoY Change | -40.49% | -85.92% |
| Depreciation, Depletion And Amortization | $193.8K | $619.3K |
| YoY Change | -68.7% | 194.92% |
| Cash From Operating Activities | -$1.517M | $15.64K |
| YoY Change | -9800.13% | -77.66% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | |
| YoY Change | -100.0% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | ||
| Cash From Investing Activities | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 14.36M | 489.6K |
| YoY Change | 2831.91% | -116.49% |
| NET CHANGE | ||
| Cash From Operating Activities | -1.517M | 15.64K |
| Cash From Investing Activities | 0.000 | 0.000 |
| Cash From Financing Activities | 14.36M | 489.6K |
| Net Change In Cash | 12.84M | 505.3K |
| YoY Change | 2440.91% | 4952.8% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.517M | $15.64K |
| Capital Expenditures | $0.00 | |
| Free Cash Flow | $15.64K | |
| YoY Change | -73.93% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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Entity Central Index Key
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|
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