2021 Q2 Form 10-Q Financial Statement
#000155335021000702 Filed on August 16, 2021
Income Statement
Balance Sheet
| Concept | 2021 Q2 | 2020 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $13.91M | $2.222M |
| YoY Change | 526.08% | 0.88% |
| Cash & Equivalents | $13.91M | $2.222M |
| Short-Term Investments | ||
| Other Short-Term Assets | $432.5K | $556.4K |
| YoY Change | -22.27% | 46.09% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $14.35M | $2.779M |
| YoY Change | 416.28% | 7.54% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.758M | $2.855M |
| YoY Change | -3.4% | -13.47% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $3.648M | $3.782M |
| YoY Change | -3.54% | -10.62% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $14.35M | $2.779M |
| Total Long-Term Assets | $3.648M | $3.782M |
| Total Assets | $17.99M | $6.561M |
| YoY Change | 174.28% | -3.73% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $134.9K | $136.9K |
| YoY Change | -1.43% | 18.15% |
| Accrued Expenses | $238.9K | $194.8K |
| YoY Change | 22.62% | 55.3% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $410.7K |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $487.5K | $1.149M |
| YoY Change | -57.58% | 36.25% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $549.8K | $764.1K |
| YoY Change | -28.05% | -33.42% |
| Total Long-Term Liabilities | $549.8K | $764.1K |
| YoY Change | -28.05% | -33.42% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $487.5K | $1.149M |
| Total Long-Term Liabilities | $549.8K | $764.1K |
| Total Liabilities | $1.037M | $1.913M |
| YoY Change | -45.79% | -3.9% |
| 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 | $16.96M | $4.647M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $17.99M | $6.561M |
| YoY Change | 174.28% | -3.73% |
Cashflow Statement
| Concept | 2021 Q2 | 2020 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$4.539M | -$1.664M |
| YoY Change | 172.82% | 2.98% |
| Depreciation, Depletion And Amortization | $220.8K | $196.9K |
| YoY Change | 12.14% | 23.04% |
| Cash From Operating Activities | -$1.738M | -$1.022M |
| YoY Change | 70.11% | -20.83% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$161.1K | -$25.48K |
| YoY Change | 532.1% | -66.86% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$161.1K | -$25.48K |
| YoY Change | 532.1% | -66.86% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 9.292M | 1.241M |
| YoY Change | 648.43% | -3.4% |
| NET CHANGE | ||
| Cash From Operating Activities | -1.738M | -1.022M |
| Cash From Investing Activities | -161.1K | -25.48K |
| Cash From Financing Activities | 9.292M | 1.241M |
| Net Change In Cash | 7.392M | 194.1K |
| YoY Change | 3709.37% | -334.87% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.738M | -$1.022M |
| Capital Expenditures | -$161.1K | -$25.48K |
| Free Cash Flow | -$1.577M | -$996.5K |
| YoY Change | 58.3% | -17.92% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q2 | us-gaap |
Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
|
14748 | USD |
| CY2021Q2 | lwlg |
Current Portion Of Equipment Purchase
CurrentPortionOfEquipmentPurchase
|
USD | |
| CY2021Q2 | lwlg |
Paycheck Protection Program Advance
PaycheckProtectionProgramAdvance
|
USD | |
| CY2021Q2 | us-gaap |
Revenues
Revenues
|
USD | |
| CY2020Q2 | us-gaap |
Revenues
Revenues
|
USD | |
| us-gaap |
Revenues
Revenues
|
USD | ||
| us-gaap |
Revenues
Revenues
|
USD | ||
| CY2021Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | ||
| lwlg |
Cashless Option Exercise
CashlessOptionExercise
|
USD | ||
| us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | ||
| lwlg |
Paycheck Protection Program Loan
PaycheckProtectionProgramLoan
|
USD | ||
| lwlg |
Proceeds From Exercise Of Options And Warrants
ProceedsFromExerciseOfOptionsAndWarrants
|
USD | ||
| CY2021Q2 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
USD | |
| CY2021Q2 | lwlg |
Prototype Devices
PrototypeDevices
|
USD | |
| CY2021Q2 | lwlg |
Current Portion Of Equipment Purchase
CurrentPortionOfEquipmentPurchase
|
USD | |
| CY2021Q2 | lwlg |
Long Term Equipment Purchase Net Of Current Portion
LongTermEquipmentPurchaseNetOfCurrentPortion
|
USD | |
| CY2020Q4 | lwlg |
Long Term Equipment Purchase Net Of Current Portion
LongTermEquipmentPurchaseNetOfCurrentPortion
|
USD | |
| CY2021Q2 | lwlg |
Aggregate Equipment Purchase Payable
AggregateEquipmentPurchasePayable
|
USD |
