2021 Form 10-K Financial Statement
#000149315222006231 Filed on March 08, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $33.33K | $158.3K |
| YoY Change | -78.95% | 76.29% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $10.18M | $10.01M |
| YoY Change | 1.79% | 28.67% |
| % of Gross Profit | ||
| Research & Development | $14.58M | |
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $280.1K | $290.0K |
| YoY Change | -3.41% | -11.78% |
| % of Gross Profit | ||
| Operating Expenses | $24.77M | $0.00 |
| YoY Change | -100.0% | |
| Operating Profit | -$24.74M | |
| YoY Change | ||
| Interest Expense | $686.4K | |
| YoY Change | 26.81% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $122.9K | |
| YoY Change | ||
| Pretax Income | -$23.28M | -$22.45M |
| YoY Change | 3.73% | 29.21% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$23.28M | -$22.45M |
| YoY Change | 3.73% | 29.21% |
| Net Earnings / Revenue | -69857.25% | -14177.25% |
| Basic Earnings Per Share | -$0.11 | |
| Diluted Earnings Per Share | -$110.8K | -$114.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 210.2M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $49.62M | $58.68M |
| YoY Change | -15.44% | 111.27% |
| Cash & Equivalents | $21.03M | $12.43M |
| Short-Term Investments | $28.59M | $46.25M |
| Other Short-Term Assets | $1.371M | $2.876M |
| YoY Change | -52.31% | 33.9% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $50.99M | $61.55M |
| YoY Change | -17.16% | 105.71% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $5.779M | $4.859M |
| YoY Change | 18.94% | -13.66% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $200.0K | $200.0K |
| YoY Change | 0.0% | -40.48% |
| Total Long-Term Assets | $10.33M | $9.412M |
| YoY Change | 9.78% | -8.77% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $50.99M | $61.55M |
| Total Long-Term Assets | $10.33M | $9.412M |
| Total Assets | $61.33M | $70.97M |
| YoY Change | -13.59% | 76.36% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $938.3K | $349.9K |
| YoY Change | 168.12% | -48.49% |
| Accrued Expenses | $2.457M | $2.544M |
| YoY Change | -3.4% | 12.4% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $21.04K | $30.85K |
| YoY Change | -31.8% | -43.57% |
| Total Short-Term Liabilities | $4.349M | $3.568M |
| YoY Change | 21.89% | 15.19% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.620K | $23.66K |
| YoY Change | -88.93% | -56.6% |
| Other Long-Term Liabilities | $4.140M | $3.304M |
| YoY Change | 25.31% | -10.59% |
| Total Long-Term Liabilities | $4.143M | $3.328M |
| YoY Change | 24.5% | -11.26% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $4.349M | $3.568M |
| Total Long-Term Liabilities | $4.143M | $3.328M |
| Total Liabilities | $8.833M | $7.237M |
| YoY Change | 22.06% | 0.67% |
| 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 | $52.49M | $63.73M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $61.33M | $70.97M |
| YoY Change | -13.59% | 76.36% |
Cashflow Statement
| Concept | 2021 | 2020 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$23.28M | -$22.45M |
| YoY Change | 3.73% | 29.21% |
| Depreciation, Depletion And Amortization | $280.1K | $290.0K |
| YoY Change | -3.41% | -11.78% |
| Cash From Operating Activities | -$15.22M | -$17.37M |
| YoY Change | -12.35% | 23.25% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$260.4K | -$5.750K |
| YoY Change | 4428.35% | -98.58% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $17.03M | -$40.66M |
| YoY Change | -141.88% | 625.36% |
| Cash From Investing Activities | $16.77M | -$40.67M |
| YoY Change | -141.24% | 576.51% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 6.965M | 48.05M |
| YoY Change | -85.5% | 60.95% |
| NET CHANGE | ||
| Cash From Operating Activities | -15.22M | -17.37M |
| Cash From Investing Activities | 16.77M | -40.67M |
| Cash From Financing Activities | 6.965M | 48.05M |
| Net Change In Cash | 8.511M | -9.988M |
| YoY Change | -185.22% | -202.46% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$15.22M | -$17.37M |
| Capital Expenditures | -$260.4K | -$5.750K |
| Free Cash Flow | -$14.96M | -$17.36M |
| YoY Change | -13.82% | 26.86% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
USD | |
| CY2020 | MTNB |
Issuance Of Common Stock In Exchange For Preferred Shares B
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|
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| CY2020 | MTNB |
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|
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| CY2021 | MTNB |
Issuance Of Common Stock In Exchange For Preferred Shares B
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|
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|
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Preferred Stock Value
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|
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Stock Issued During Period Stock Dividend
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Gain Loss On Sale Of Property Plant Equipment
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|
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Marketable Securities Realized Gain Loss
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|
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| CY2020 | us-gaap |
Research And Development Asset Acquired Other Than Through Business Combination Written Off
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|
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Proceeds From Warrant Exercises
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|
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| CY2021 | MTNB |
Noncash Prepaid From Exercise Of Options
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|
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| CY2021 | MTNB |
Unearned Restricted Stock Grants
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|
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| CY2020 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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|
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Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
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|
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Finance Lease Liability Payments Due Year Three
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Current Federal Tax Expense Benefit
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Current Foreign Tax Expense Benefit
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Deferred Foreign Income Tax Expense Benefit
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| CY2020 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
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Deferred Income Tax Expense Benefit
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Deferred Income Tax Expense Benefit
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Income Tax Expense Benefit
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|
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Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
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|
shares | |
| CY2020 | MTNB |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Tendered
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|
shares | |
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Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
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shares | |
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shares | |
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|
shares | |
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|
||
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Share Based Compensation Arrangement By Share Based Payment Award Options Cancelled In Period
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|
shares | |
| CY2021 | MTNB |
Share Based Compensation Arrangements By Share Based Payment Award Options Cancelled In Period Weighted Average Exercise Price
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|
||
| CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
932000 | USD |
| CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
643000 | USD |
| CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1328000 | shares |
| CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
320000 | shares |
| CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
988000 | shares |
