2024 Q3 Form 10-Q Financial Statement

#000168316824005625 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $390.3K $645.00
YoY Change -86.92% -99.98%
Cost Of Revenue $193.9K $12.50K
YoY Change -93.51% -0.97%
Gross Profit $196.4K -$11.86K
YoY Change -6663.64% -100.31%
Gross Profit Margin 50.32% -1838.45%
Selling, General & Admin $1.098M
YoY Change -26.59%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $1.098M
YoY Change -26.59%
Operating Profit -$377.1K -$1.587M
YoY Change -86.64% -77.82%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $612.00 -$127.3K
YoY Change -99.64% -44.07%
Pretax Income -$376.4K -$1.714M
YoY Change -85.81% -76.78%
Income Tax $2.531K $0.00
% Of Pretax Income
Net Earnings -$379.0K -$1.714M
YoY Change -85.72% -76.78%
Net Earnings / Revenue -97.1% -265747.91%
Basic Earnings Per Share $0.00 -$0.04
Diluted Earnings Per Share $0.00 -$0.04
COMMON SHARES
Basic Shares Outstanding 54.36M shares 53.36M shares
Diluted Shares Outstanding 167.5M shares 38.34M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $393.9K
YoY Change -57.07%
Cash & Equivalents $160.0K $7.177K
Short-Term Investments $386.7K
Other Short-Term Assets $10.65K
YoY Change -0.93%
Inventory $7.771M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $387.9K $8.875M
YoY Change -97.69% 112.4%
LONG-TERM ASSETS
Property, Plant & Equipment $752.4K
YoY Change
Goodwill
YoY Change
Intangibles $14.95K
YoY Change -76.36%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $3.320M $14.95K
YoY Change 1413.3% -94.3%
TOTAL ASSETS
Total Short-Term Assets $387.9K $8.875M
Total Long-Term Assets $3.320M $14.95K
Total Assets $3.708M $8.890M
YoY Change -78.17% 100.19%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.218K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.623M $21.21M
YoY Change -69.63% 59.03%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $8.623M $21.21M
Total Long-Term Liabilities
Total Liabilities $9.902M $21.21M
YoY Change -65.13% 59.03%
SHAREHOLDERS EQUITY
Retained Earnings -$6.227M -$53.99M
YoY Change -83.06% 58.3%
Common Stock $30.90K $5.336K
YoY Change -99.78% -98.83%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$6.195M -$12.32M
YoY Change
Total Liabilities & Shareholders Equity $3.708M $8.890M
YoY Change -78.17% 100.19%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$379.0K -$1.714M
YoY Change -85.72% -76.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
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
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

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