2021 Form 10-K Financial Statement
#000149315222004831 Filed on February 17, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $1.920M | $1.740M |
| YoY Change | 10.34% | 0.0% |
| Cost Of Revenue | $1.070M | $920.0K |
| YoY Change | 16.3% | 1.1% |
| Gross Profit | $850.0K | $820.0K |
| YoY Change | 3.66% | -1.2% |
| Gross Profit Margin | 44.27% | 47.13% |
| Selling, General & Admin | $840.0K | $910.0K |
| YoY Change | -7.69% | -19.47% |
| % of Gross Profit | 98.82% | 110.98% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $840.0K | $910.0K |
| YoY Change | -7.69% | -19.47% |
| Operating Profit | $10.00K | -$90.00K |
| YoY Change | -111.11% | -70.0% |
| Interest Expense | ||
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | $40.00K | $0.00 |
| YoY Change | ||
| Pretax Income | $40.00K | -$80.00K |
| YoY Change | -150.0% | -73.33% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $40.00K | -$80.00K |
| YoY Change | -150.0% | -73.33% |
| Net Earnings / Revenue | 2.08% | -4.6% |
| Basic Earnings Per Share | $0.00 | |
| Diluted Earnings Per Share | $2.574K | -$5.326K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 15.54M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $50.00K | $50.00K |
| YoY Change | 0.0% | -16.67% |
| Cash & Equivalents | $50.00K | $50.00K |
| Short-Term Investments | ||
| Other Short-Term Assets | $40.00K | $50.00K |
| YoY Change | -20.0% | 66.67% |
| Inventory | $230.0K | $170.0K |
| Prepaid Expenses | ||
| Receivables | $110.0K | $70.00K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $430.0K | $340.0K |
| YoY Change | 26.47% | 0.0% |
| 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 |
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | $430.0K | $340.0K |
| Total Long-Term Assets | $0.00 | $0.00 |
| Total Assets | $430.0K | $340.0K |
| YoY Change | 26.47% | 0.0% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $60.00K | $60.00K |
| YoY Change | 0.0% | -57.14% |
| Accrued Expenses | $0.00 | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $40.00K |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $60.00K | $90.00K |
| YoY Change | -33.33% | -47.06% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $60.00K | $90.00K |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $60.00K | $90.00K |
| YoY Change | -33.33% | -47.06% |
| 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 | $370.0K | $250.0K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $430.0K | $340.0K |
| YoY Change | 26.47% | 0.0% |
Cashflow Statement
| Concept | 2021 | 2020 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $40.00K | -$80.00K |
| YoY Change | -150.0% | -73.33% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | $100.0K | -$30.00K |
| YoY Change | -433.33% | -200.0% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | ||
| YoY Change | ||
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -110.0K | 20.00K |
| YoY Change | -650.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | 100.0K | -30.00K |
| Cash From Investing Activities | ||
| Cash From Financing Activities | -110.0K | 20.00K |
| Net Change In Cash | -10.00K | -10.00K |
| YoY Change | 0.0% | -133.33% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $100.0K | -$30.00K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q4 | MOJO |
Accrued Payroll To Related Parties Current
AccruedPayrollToRelatedPartiesCurrent
|
USD | |
| CY2020Q4 | MOJO |
Accrued Payroll To Related Parties Current
AccruedPayrollToRelatedPartiesCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
|
USD | |
| CY2020 | MOJO |
Sba Loan Forgiveness
SBALoanForgiveness
|
USD | |
| CY2021 | MOJO |
Increase Decrease In Accrued Payroll To Related Parties
IncreaseDecreaseInAccruedPayrollToRelatedParties
|
USD | |
| CY2021 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
USD |
