2021 Form 10-K Financial Statement
#000149315222008531 Filed on March 31, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $210.3K | $197.1K |
| YoY Change | 6.67% | |
| Cost Of Revenue | $80.35K | $58.29K |
| YoY Change | 37.85% | |
| Gross Profit | $129.9K | $138.9K |
| YoY Change | -6.42% | |
| Gross Profit Margin | 61.79% | 70.43% |
| Selling, General & Admin | $7.226M | $5.347M |
| YoY Change | 35.13% | 4718.84% |
| % of Gross Profit | 5561.1% | 3850.91% |
| Research & Development | $1.682M | |
| YoY Change | ||
| % of Gross Profit | 1294.47% | |
| Depreciation & Amortization | $43.87K | $591.5K |
| YoY Change | -92.58% | |
| % of Gross Profit | 33.76% | 425.97% |
| Operating Expenses | $8.951M | $5.938M |
| YoY Change | 50.73% | 461.27% |
| Operating Profit | -$8.821M | -$5.800M |
| YoY Change | 52.1% | 448.15% |
| Interest Expense | -$126.0K | -$45.45K |
| YoY Change | 177.27% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$1.387M | |
| YoY Change | ||
| Pretax Income | -$11.00M | -$5.845M |
| YoY Change | 88.16% | 452.44% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$11.00M | -$5.845M |
| YoY Change | 88.16% | 452.44% |
| Net Earnings / Revenue | -5230.14% | -2964.92% |
| Basic Earnings Per Share | -$0.31 | |
| Diluted Earnings Per Share | -$305.1K | -$221.6K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 36.04M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.072M | $2.903M |
| YoY Change | 40.29% | 3225188.89% |
| Cash & Equivalents | ||
| Short-Term Investments | ||
| Other Short-Term Assets | $257.2K | $106.4K |
| YoY Change | 141.72% | |
| Inventory | $22.35K | $56.34K |
| Prepaid Expenses | ||
| Receivables | $8.650K | $40.59K |
| Other Receivables | $41.31K | $0.00 |
| Total Short-Term Assets | $4.402M | $3.106M |
| YoY Change | 41.72% | 3451100.0% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.172M | $1.325M |
| YoY Change | -11.57% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $369.1K | $374.3K |
| YoY Change | -1.4% | |
| Total Long-Term Assets | $61.60M | $43.98M |
| YoY Change | 40.07% | 53.7% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.402M | $3.106M |
| Total Long-Term Assets | $61.60M | $43.98M |
| Total Assets | $66.00M | $47.08M |
| YoY Change | 40.17% | 64.55% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.596M | $478.1K |
| YoY Change | 233.85% | 76.93% |
| Accrued Expenses | $277.1K | $243.3K |
| YoY Change | 13.91% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $127.8K | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $127.8K | |
| YoY Change | ||
| Total Short-Term Liabilities | $3.134M | $721.4K |
| YoY Change | 334.39% | 166.97% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $495.3K | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $14.68M | $1.075M |
| YoY Change | 1266.16% | |
| Total Long-Term Liabilities | $15.18M | $1.075M |
| YoY Change | 1312.26% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $3.134M | $721.4K |
| Total Long-Term Liabilities | $15.18M | $1.075M |
| Total Liabilities | $18.31M | $1.796M |
| YoY Change | 919.47% | 564.62% |
| 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 | $47.69M | $45.29M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $66.00M | $47.08M |
| YoY Change | 40.17% | 64.55% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | MRZM |
Issuance Of Warrants In Connection With Business Combination
IssuanceOfWarrantsInConnectionWithBusinessCombination
|
USD | |
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2020 | MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
USD | |
| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020 | MRZM |
Derivative Liabilities And Debt Discount Issued In Connection With Convertible Notes
DerivativeLiabilitiesAndDebtDiscountIssuedInConnectionWithConvertibleNotes
|
USD | |
| CY2020 | MRZM |
Warrants And Debt Discount Issued In Connection With Convertible Notes
WarrantsAndDebtDiscountIssuedInConnectionWithConvertibleNotes
|
USD | |
| CY2020 | MRZM |
Contingent Liability
ContingentLiability
|
USD | |
| CY2021 | MRZM |
Issuance Of Common Stock In Lieu Of Payables
IssuanceOfCommonStockInLieuOfPayables
|
USD | |
| CY2020 | MRZM |
Notes Payable Assumed In Connection With Business Combination
NotesPayableAssumedInConnectionWithBusinessCombination
|
USD | |
| CY2020Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
USD | |
| CY2020Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
USD | |
| CY2020Q4 | MRZM |
Convertible Long Term Note Payable
ConvertibleLongTermNotePayable
|
USD | |
| CY2020Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
USD | |
| CY2020Q4 | MRZM |
Contingent Liabilities
ContingentLiabilities
|
USD | |
| CY2020 | MRZM |
Stockbased Compensation Restricted Common Stock
StockbasedCompensationRestrictedCommonStock
|
USD | |
| CY2020 | MRZM |
Interest And Accretion Expenses
InterestAndAccretionExpenses
|
USD | |
| CY2021 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
USD | |
| CY2020 | MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
USD | |
| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2021 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
USD | |
| CY2020 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
USD | |
| CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | |
| CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2020 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | |
| CY2020 | MRZM |
Proceeds From Financing Net Of Issuance Costs
ProceedsFromFinancingNetOfIssuanceCosts
|
USD | |
| CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| CY2020Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
USD | |
| CY2020Q3 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
| CY2020Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
USD | |
| CY2020 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | |
| CY2020 | us-gaap |
Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021 | MRZM |
Initial Adoption Of Rou Asset And Lease Liability
InitialAdoptionOfRouAssetAndLeaseLiability
|
USD | |
| CY2020Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
USD | |
| CY2020Q4 | MRZM |
Contingent Liabilities
ContingentLiabilities
|
USD | |
| CY2020Q4 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
USD | |
| CY2020Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
USD | |
| CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
USD | |
| CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
USD | |
| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2021Q4 | MRZM |
Fair Value Net Derivative Asset Liability Measured On Initial Valuation Of Contingent Liabilities Assumed On Somah Acquisition1 Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnInitialValuationOfContingentLiabilitiesAssumedOnSomahAcquisition1UnobservableInputs
|
9926000 | USD |
| CY2021 | us-gaap |
Indefinite Lived Intangible Assets Purchase Accounting Adjustments
IndefiniteLivedIntangibleAssetsPurchaseAccountingAdjustments
|
4022271 | USD |
