2023 Q2 Form 10-Q Financial Statement

#000117184323004182 Filed on June 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $5.533M $5.369M
YoY Change 3.05% 7.6%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.000K $2.000K
YoY Change 0.0% 0.0%
% of Gross Profit
Operating Expenses $13.08M $13.81M
YoY Change -5.31% 50.29%
Operating Profit -$13.08M -$13.81M
YoY Change -5.31% 50.29%
Interest Expense -$9.331M -$9.808M
YoY Change -4.86% 53.66%
% of Operating Profit
Other Income/Expense, Net $1.424M $317.0K
YoY Change 349.21% -144.96%
Pretax Income -$14.65M -$14.97M
YoY Change -2.14% 42.29%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$14.65M -$14.97M
YoY Change -2.14% 42.29%
Net Earnings / Revenue
Basic Earnings Per Share -$0.04 -$0.04
Diluted Earnings Per Share -$0.04 -$44.92K
COMMON SHARES
Basic Shares Outstanding 334.0K 333.2M
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $109.0M $142.3M
YoY Change -23.43% 32.26%
Cash & Equivalents $46.95M $72.29M
Short-Term Investments $62.00M $70.00M
Other Short-Term Assets $1.371M $1.017M
YoY Change 34.81% 19.09%
Inventory
Prepaid Expenses $611.0K $611.0K
Receivables $413.0K $406.0K
Other Receivables $25.20M $0.00
Total Short-Term Assets $135.2M $143.3M
YoY Change -5.67% -21.69%
LONG-TERM ASSETS
Property, Plant & Equipment $879.0K $1.065M
YoY Change -17.46% 93.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.811M $10.15M
YoY Change -32.89% 54.19%
Other Assets $3.088M $3.632M
YoY Change -14.98% 41.93%
Total Long-Term Assets $7.690M $35.21M
YoY Change -78.16% 16.23%
TOTAL ASSETS
Total Short-Term Assets $135.2M $143.3M
Total Long-Term Assets $7.690M $35.21M
Total Assets $142.9M $178.5M
YoY Change -19.97% -16.31%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $610.0K $660.0K
YoY Change -7.58% 18.49%
Accrued Expenses $1.560M $1.330M
YoY Change 17.29% -4.93%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.317M $2.759M
YoY Change 20.22% 28.74%
LONG-TERM LIABILITIES
Long-Term Debt $129.8M $118.9M
YoY Change 9.18% 5.5%
Other Long-Term Liabilities $907.0K $1.181M
YoY Change -23.2% 280.97%
Total Long-Term Liabilities $907.0K $1.181M
YoY Change -23.2% -98.96%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.317M $2.759M
Total Long-Term Liabilities $907.0K $1.181M
Total Liabilities $134.1M $122.9M
YoY Change 9.12% 6.68%
SHAREHOLDERS EQUITY
Retained Earnings -$2.038B -$1.984B
YoY Change 2.71% 2.43%
Common Stock $1.985B $1.982B
YoY Change 0.18% 0.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.805M $55.66M
YoY Change
Total Liabilities & Shareholders Equity $142.9M $178.5M
YoY Change -19.97% -16.31%

Cashflow Statement

Concept 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income -$14.65M -$14.97M
YoY Change -2.14% 42.29%
Depreciation, Depletion And Amortization $2.000K $2.000K
YoY Change 0.0% 0.0%
Cash From Operating Activities -$169.0K -$2.320M
YoY Change -92.72% 17.41%
INVESTING ACTIVITIES
Capital Expenditures $14.00K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$7.028M -$2.551M
YoY Change 175.5% -74.43%
Cash From Investing Activities -$7.042M -$2.551M
YoY Change 176.05% -74.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 $0.00
YoY Change
NET CHANGE
Cash From Operating Activities -$169.0K -$2.320M
Cash From Investing Activities -$7.042M -$2.551M
Cash From Financing Activities $0.00 $0.00
Net Change In Cash -$7.207M -$4.841M
YoY Change 48.87% -57.55%
FREE CASH FLOW
Cash From Operating Activities -$169.0K -$2.320M
Capital Expenditures $14.00K $0.00
Free Cash Flow -$183.0K -$2.320M
YoY Change -92.11%

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Files In Submission

Name View Source Status
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0001171843-23-004182-index.html Edgar Link pending
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