2022 Q1 Form 10-Q Financial Statement
#000149315222013960 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $272.0K |
| YoY Change | 172.0% |
| Cost Of Revenue | $166.0K |
| YoY Change | 453.33% |
| Gross Profit | $106.0K |
| YoY Change | 32.5% |
| Gross Profit Margin | 38.97% |
| Selling, General & Admin | $1.152M |
| YoY Change | -13.38% |
| % of Gross Profit | 1086.79% |
| Research & Development | $66.00K |
| YoY Change | 10.0% |
| % of Gross Profit | 62.26% |
| Depreciation & Amortization | $0.00 |
| YoY Change | |
| % of Gross Profit | 0.0% |
| Operating Expenses | $1.218M |
| YoY Change | -12.37% |
| Operating Profit | -$1.112M |
| YoY Change | -15.11% |
| Interest Expense | -$13.00K |
| YoY Change | -99.34% |
| % of Operating Profit | |
| Other Income/Expense, Net | $0.00 |
| YoY Change | -100.0% |
| Pretax Income | -$1.125M |
| YoY Change | -77.04% |
| Income Tax | $7.000K |
| % Of Pretax Income | |
| Net Earnings | -$1.132M |
| YoY Change | -76.99% |
| Net Earnings / Revenue | -416.18% |
| Basic Earnings Per Share | -$0.81 |
| Diluted Earnings Per Share | -$40.43K |
| COMMON SHARES | |
| Basic Shares Outstanding | 1.400M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $5.990M |
| YoY Change | -24.65% |
| Cash & Equivalents | $5.990M |
| Short-Term Investments | |
| Other Short-Term Assets | $911.0K |
| YoY Change | 333.81% |
| Inventory | $355.0K |
| Prepaid Expenses | |
| Receivables | $134.0K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $7.390M |
| YoY Change | -11.6% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $49.00K |
| YoY Change | 63.33% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $224.0K |
| YoY Change | 1.82% |
| Total Long-Term Assets | $273.0K |
| YoY Change | 13.75% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $7.390M |
| Total Long-Term Assets | $273.0K |
| Total Assets | $7.663M |
| YoY Change | -10.9% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $172.0K |
| YoY Change | 72.0% |
| Accrued Expenses | $44.00K |
| YoY Change | 340.0% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $2.007M |
| YoY Change | 128.07% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $395.0K |
| YoY Change | -88.31% |
| Total Long-Term Liabilities | $395.0K |
| YoY Change | -88.31% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.007M |
| Total Long-Term Liabilities | $395.0K |
| Total Liabilities | $2.402M |
| YoY Change | -43.62% |
| 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 | $5.261M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $7.663M |
| YoY Change | -10.9% |
Cashflow Statement
| Concept | 2022 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$1.132M |
| YoY Change | -76.99% |
| Depreciation, Depletion And Amortization | $0.00 |
| YoY Change | |
| Cash From Operating Activities | -$3.740M |
| YoY Change | 293.68% |
| 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 | -$3.740M |
| Cash From Investing Activities | |
| Cash From Financing Activities | |
| Net Change In Cash | -$3.740M |
| YoY Change | -913.04% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$3.740M |
| Capital Expenditures | |
| Free Cash Flow | -$3.740M |
| YoY Change | 293.68% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2022Q1 | NAOV |
Warrant Modification Expense
WarrantModificationExpense
|
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| CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
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| CY2022Q1 | NAOV |
Warrant Modification Expense
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|
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| CY2022Q1 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
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| CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
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|
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| CY2022Q1 | NAOV |
Increase Decrease In Accrued Severance Pay Net
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|
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| CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
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|
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| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
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|
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| CY2022Q1 | us-gaap |
Proceeds From Warrant Exercises
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|
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| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
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| CY2022Q1 | NAOV |
Shares Issued From Exercise Of Warrants Previously Classified As Derivative Liability
SharesIssuedFromExerciseOfWarrantsPreviouslyClassifiedAsDerivativeLiability
|
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| CY2022Q1 | NAOV |
Reclass Liability To Equity After Increase In Authorized Shares
ReclassLiabilityToEquityAfterIncreaseInAuthorizedShares
|
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