$LTUM
Lithium Corp

2022 Q4 Form 10-Q Financial Statement

#000164033422002445 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $106.1K $81.63K $53.64K
YoY Change 82.08% 52.18% 77.26%
% of Gross Profit
Research & Development $66.14K $13.31K $9.690K
YoY Change 5233.87% 37.36% -36.79%
% of Gross Profit
Depreciation & Amortization $1.830K $1.833K $0.00
YoY Change
% of Gross Profit
Operating Expenses $174.1K $96.78K $63.33K
YoY Change 192.51% 52.82% 38.91%
Operating Profit -$96.78K -$63.33K
YoY Change 52.82% 38.91%
Interest Expense -$196.3K -$7.380K
YoY Change -80.12%
% of Operating Profit
Other Income/Expense, Net $10.28K -$7.382K $7.000K
YoY Change -79.44% -205.46%
Pretax Income -$360.1K -$104.2K -$56.33K
YoY Change -63.88% 84.92% 23.55%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$360.1K -$104.2K -$56.33K
YoY Change -63.88% 84.92% 23.55%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 -$956.40 -$557.10
COMMON SHARES
Basic Shares Outstanding 112.1M shares 109.1M shares 101.1M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.950M $4.009M $1.944M
YoY Change 49.81% 106.27% 773.61%
Cash & Equivalents $3.577M $3.425M $1.892M
Short-Term Investments $373.0K $584.5K $51.26K
Other Short-Term Assets $37.83K $31.67K $5.230K
YoY Change 73.53% 505.54% -62.59%
Inventory
Prepaid Expenses $37.83K $31.67K $5.232K
Receivables
Other Receivables
Total Short-Term Assets $3.988M $4.042M $1.950M
YoY Change 49.99% 107.3% 724.47%
LONG-TERM ASSETS
Property, Plant & Equipment $28.32K $30.15K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $28.32K $30.15K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $3.988M $4.042M $1.950M
Total Long-Term Assets $28.32K $30.15K $0.00
Total Assets $4.017M $4.072M $1.950M
YoY Change 51.06% 108.85% 724.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.32K $33.39K $26.18K
YoY Change 49.43% 27.54% 102.95%
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 $2.031M $2.033M $177.4K
YoY Change 26.76% 1045.59% 1275.52%
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 $2.031M $2.033M $177.4K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $2.031M $2.033M $177.4K
YoY Change 26.76% 1045.59% 1275.52%
SHAREHOLDERS EQUITY
Retained Earnings -$7.956M -$7.596M -$5.536M
YoY Change 21.79% 37.22%
Common Stock $113.7K $110.7K $102.5K
YoY Change 9.86% 8.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.986M $2.039M $1.772M
YoY Change
Total Liabilities & Shareholders Equity $4.017M $4.072M $1.950M
YoY Change 51.06% 108.85% 724.47%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$360.1K -$104.2K -$56.33K
YoY Change -63.88% 84.92% 23.55%
Depreciation, Depletion And Amortization $1.830K $1.833K $0.00
YoY Change
Cash From Operating Activities -$169.9K -$107.8K -$49.24K
YoY Change 442.94% 118.97% 9.76%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $14.97K $100.0K $50.00K
YoY Change -85.03% 100.0%
Cash From Investing Activities $14.97K $100.0K $50.00K
YoY Change -85.03% 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 307.2K 571.6K 914.2K
YoY Change 8.94% -37.48%
NET CHANGE
Cash From Operating Activities -169.9K -107.8K -49.24K
Cash From Investing Activities 14.97K 100.0K 50.00K
Cash From Financing Activities 307.2K 571.6K 914.2K
Net Change In Cash 152.2K 563.8K 915.0K
YoY Change -56.59% -38.38% -2139.66%
FREE CASH FLOW
Cash From Operating Activities -$169.9K -$107.8K -$49.24K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$169.9K -$107.8K
YoY Change

Facts In Submission

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dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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dei Entity Tax Identification Number
EntityTaxIdentificationNumber
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed federally insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. The Company believes it is not exposed to any significant credit risk on cash and cash equivalents.</p>
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Files In Submission

Name View Source Status
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0001640334-22-002445.txt Edgar Link pending
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