2022 Q1 Form 10-K Financial Statement
#000149315222018102 Filed on June 29, 2022
Income Statement
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 | 2021 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $26.14K | $6.630K | $10.00K |
| YoY Change | 294.27% | -50.0% | |
| Cash & Equivalents | $26.14K | $6.631K | |
| Short-Term Investments | |||
| Other Short-Term Assets | |||
| YoY Change | |||
| Inventory | $6.160K | $10.00K | |
| Prepaid Expenses | |||
| Receivables | $9.115K | $50.00K | |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $35.26K | $63.65K | $60.00K |
| YoY Change | -44.61% | -75.0% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $980.00 | $0.00 | |
| YoY Change | -100.0% | ||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $0.00 | $990.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $35.26K | $63.65K | $60.00K |
| Total Long-Term Assets | $0.00 | $990.00 | $0.00 |
| Total Assets | $35.26K | $64.64K | $60.00K |
| YoY Change | -45.46% | -76.0% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | |||
| YoY Change | |||
| Accrued Expenses | $0.00 | $0.00 | |
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $81.10K | $66.63K | $70.00K |
| YoY Change | 21.72% | 75.0% | |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $81.84K | $66.63K | $70.00K |
| YoY Change | 22.83% | 75.0% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | |||
| YoY Change | |||
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $81.84K | $66.63K | $70.00K |
| Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Total Liabilities | $81.84K | $66.63K | $70.00K |
| YoY Change | 22.83% | 75.0% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$402.2K | ||
| YoY Change | |||
| Common Stock | $30.00K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$46.59K | -$1.992K | $0.00 |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $35.26K | $64.64K | $60.00K |
| YoY Change | -45.46% | -76.0% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 | 2021 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$7.240K | -$154.5K | -$210.0K |
| YoY Change | -95.31% | 425.0% | |
| Depreciation, Depletion And Amortization | $0.00 | $10.21K | $10.00K |
| YoY Change | -100.0% | 0.0% | |
| Cash From Operating Activities | -$10.15K | -$57.53K | -$60.00K |
| YoY Change | -82.36% | 0.0% | |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | |||
| YoY Change | |||
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | $0.00 | $20.40K | $20.00K |
| YoY Change | -100.0% | -200.0% | |
| Cash From Investing Activities | $0.00 | $20.40K | $20.00K |
| YoY Change | -100.0% | -200.0% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 0.000 | 26.63K | 30.00K |
| YoY Change | -100.0% | -66.67% | |
| NET CHANGE | |||
| Cash From Operating Activities | -10.15K | -57.53K | -60.00K |
| Cash From Investing Activities | 0.000 | 20.40K | 20.00K |
| Cash From Financing Activities | 0.000 | 26.63K | 30.00K |
| Net Change In Cash | -10.15K | -10.50K | -10.00K |
| YoY Change | -3.33% | -200.0% | |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$10.15K | -$57.53K | -$60.00K |
| Capital Expenditures | |||
| Free Cash Flow | |||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
USD | |
| CY2021Q1 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
USD | |
| CY2022Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| CY2022 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
USD | |
| CY2022 | LNBY |
Realized Loss
RealizedLoss
|
USD | |
| CY2022 | us-gaap |
Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
|
USD | |
| CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
USD | |
| CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| CY2022Q1 | us-gaap |
Inventory Net
InventoryNet
|
USD | |
| CY2022Q1 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q2 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | |
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD | ||
| us-gaap |
Inventory Write Down
InventoryWriteDown
|
USD |
