$MLGO
MicroAlgo Inc.

2022 Q1 Form 10-Q Financial Statement

#000182912622010974 Filed on May 13, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $17.96M
YoY Change
Gross Profit $5.396M
YoY Change
Gross Profit Margin
Selling, General & Admin $809.2K
YoY Change
% of Gross Profit 15.0%
Research & Development $3.203M
YoY Change
% of Gross Profit 59.36%
Depreciation & Amortization $343.4K
YoY Change
% of Gross Profit 6.36%
Operating Expenses $167.6K $80.00K
YoY Change 109.55%
Operating Profit $1.177M
YoY Change
Interest Expense -$6.190K -$30.00K
YoY Change -79.37%
% of Operating Profit -0.53%
Other Income/Expense, Net -$277.0K -$29.62K
YoY Change 835.31%
Pretax Income -$173.8K -$108.3K
YoY Change 60.46% 1372.78%
Income Tax
% Of Pretax Income
Net Earnings -$173.8K -$108.3K
YoY Change 60.46% 1372.78%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$28.73K -$35.83K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $28.67K $210.0K
YoY Change -86.35%
Cash & Equivalents $21.81M $211.8K
Short-Term Investments
Other Short-Term Assets $0.00 $90.00K
YoY Change -100.0%
Inventory
Prepaid Expenses $92.43K
Receivables
Other Receivables
Total Short-Term Assets $28.67K $304.2K
YoY Change -90.58%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $46.78M $46.46M
YoY Change 0.69%
Other Assets $220.00 $10.00K
YoY Change -97.8%
Total Long-Term Assets $46.78M $46.47M
YoY Change 0.67%
TOTAL ASSETS
Total Short-Term Assets $28.67K $304.2K
Total Long-Term Assets $46.78M $46.47M
Total Assets $46.81M $46.77M
YoY Change 0.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $71.06K $20.00K
YoY Change 255.3%
Deferred Revenue
YoY Change
Short-Term Debt $850.1K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $921.1K $17.14K
YoY Change 5275.47%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.570M $7.600M
YoY Change -79.34%
Total Long-Term Liabilities $1.570M $7.600M
YoY Change -79.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $921.1K $17.14K
Total Long-Term Liabilities $1.570M $7.600M
Total Liabilities $2.491M $7.617M
YoY Change -67.3%
SHAREHOLDERS EQUITY
Retained Earnings -$237.0K
YoY Change
Common Stock $2.668K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.462M -$1.245M
YoY Change
Total Liabilities & Shareholders Equity $46.81M $46.77M
YoY Change 0.08%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$173.8K -$108.3K
YoY Change 60.46% 1372.78%
Depreciation, Depletion And Amortization $343.4K
YoY Change
Cash From Operating Activities -$173.4K -$198.5K
YoY Change -12.64% 2740.61%
INVESTING ACTIVITIES
Capital Expenditures $185.7K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$46.46M
YoY Change -100.0%
Cash From Investing Activities -$46.46M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 170.0K 46.87M
YoY Change -99.64% -74164.24%
NET CHANGE
Cash From Operating Activities -173.4K -198.5K
Cash From Investing Activities -46.46M
Cash From Financing Activities 170.0K 46.87M
Net Change In Cash $0.00 211.6K
YoY Change -100.0% -401.08%
FREE CASH FLOW
Cash From Operating Activities -$173.4K -$198.5K
Capital Expenditures $185.7K
Free Cash Flow -$359.2K
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
USD
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2022Q1 us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
USD
CY2022Q1 vena Payments For Investment Of Cash In Trust Account
PaymentsForInvestmentOfCashInTrustAccount
USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
USD
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
USD
CY2022Q1 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
USD
CY2022Q1 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
USD
CY2022Q1 vena Payment Of Offering Costs
PaymentOfOfferingCosts
USD
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
USD
CY2022Q1 vena Initial Classification Of Ordinary Shares Subject To Possible Redemption
InitialClassificationOfOrdinarySharesSubjectToPossibleRedemption
USD
CY2022Q1 vena Allocation Of Offering Costs To Ordinary Shares Subject To Possible Redemption
AllocationOfOfferingCostsToOrdinarySharesSubjectToPossibleRedemption
USD
CY2022Q1 vena Deferred Underwriting Fee Payable
DeferredUnderwritingFeePayable
USD
CY2022Q1 vena Initial Recognition Of Warrant Liabilities
InitialRecognitionOfWarrantLiabilities
USD
CY2021Q1 vena Proceeds Of Promissory Notes Deposited In Trust Account By Founder Shareholder
ProceedsOfPromissoryNotesDepositedInTrustAccountByFounderShareholder
USD

Files In Submission

Name View Source Status
0001829126-22-010974-index-headers.html Edgar Link pending
0001829126-22-010974-index.html Edgar Link pending
0001829126-22-010974.txt Edgar Link pending
0001829126-22-010974-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
vena-20220331.xsd Edgar Link pending
vena-20220331_cal.xml Edgar Link unprocessable
vena-20220331_def.xml Edgar Link unprocessable
vena-20220331_lab.xml Edgar Link unprocessable
vena-20220331_pre.xml Edgar Link unprocessable
venusacquisition_10q.htm Edgar Link pending
venusacquisition_10q_htm.xml Edgar Link completed
venusacquisition_ex10-1.htm Edgar Link pending
venusacquisition_ex31-1.htm Edgar Link pending
venusacquisition_ex31-2.htm Edgar Link pending
venusacquisition_ex32-1.htm Edgar Link pending
venusacquisition_ex32-2.htm Edgar Link pending