$LTUM
Lithium Corp

2021 Form 10-K Financial Statement

#000164033422000760 Filed on April 13, 2022

View on sec.gov

Income Statement

Concept 2021 2020 Q4 2020
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $809.8K $30.12K $137.6K
YoY Change 488.34% -43.27% -44.12%
% of Gross Profit
Research & Development $45.99K $21.68K
YoY Change 112.13% 36.35%
% of Gross Profit
Depreciation & Amortization $0.00
YoY Change
% of Gross Profit
Operating Expenses $855.8K $32.33K $159.3K
YoY Change 437.15% -41.84% -39.24%
Operating Profit -$855.8K -$159.3K
YoY Change 437.15%
Interest Expense -$987.5K $0.00 $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net -$889.5K $0.00
YoY Change
Pretax Income -$1.745M -$32.33K -$159.3K
YoY Change 995.45% -92.75% -27.55%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$1.745M -$32.33K -$159.3K
YoY Change 995.45% -92.75% -27.55%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$17.48K -$338.00 -$1.666K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2021 2020 Q4 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.637M $191.1K $191.8K
YoY Change 1274.81% -44.91% -44.71%
Cash & Equivalents $191.1K
Short-Term Investments $394.2K $0.00 $700.00
Other Short-Term Assets $21.80K $14.23K $14.23K
YoY Change 53.2% -30.59% -30.59%
Inventory
Prepaid Expenses $14.23K
Receivables
Other Receivables
Total Short-Term Assets $2.659M $206.1K $206.1K
YoY Change 1190.52% -43.93% -43.93%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $2.659M $206.1K $206.1K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $2.659M $206.1K $206.1K
YoY Change 1190.52% -43.93% -43.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.96K $14.82K
YoY Change 41.43% -12.36%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.602M $14.82K $14.82K
YoY Change 10709.24% -12.38% -12.36%
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 $1.602M $14.82K $14.82K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.602M $14.82K $14.82K
YoY Change 10709.24% -12.38% -12.36%
SHAREHOLDERS EQUITY
Retained Earnings -$4.787M
YoY Change
Common Stock $95.65K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.057M $191.2K $191.2K
YoY Change
Total Liabilities & Shareholders Equity $2.659M $206.1K $206.1K
YoY Change 1190.52% -43.93% -43.93%

Cashflow Statement

Concept 2021 2020 Q4 2020
OPERATING ACTIVITIES
Net Income -$1.745M -$32.33K -$159.3K
YoY Change 995.45% -92.75% -27.55%
Depreciation, Depletion And Amortization $0.00
YoY Change
Cash From Operating Activities -$86.91K -$30.67K -$155.1K
YoY Change -43.98% -96.31% -83.96%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $200.0K $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities $200.0K $0.00 $0.00
YoY Change -100.0% -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 $2.054M $0.00
YoY Change
NET CHANGE
Cash From Operating Activities -$86.91K -30.67K -$155.1K
Cash From Investing Activities $200.0K 0.000 $0.00
Cash From Financing Activities $2.054M $0.00
Net Change In Cash $2.052M -30.67K -$155.1K
YoY Change -1422.72% -40.02% -25.69%
FREE CASH FLOW
Cash From Operating Activities -$86.91K -$30.67K -$155.1K
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow -$86.91K -$30.67K -$155.1K
YoY Change -43.98% -96.37% -83.96%

Facts In Submission

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Files In Submission

Name View Source Status
0001640334-22-000760-index-headers.html Edgar Link pending
0001640334-22-000760-index.html Edgar Link pending
0001640334-22-000760.txt Edgar Link pending
0001640334-22-000760-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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