2021 Q3 Form 10-Q Financial Statement
#000121390021061211 Filed on November 22, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $114.5K | $127.0K |
| YoY Change | -9.87% | 173.08% |
| Cost Of Revenue | $124.9K | $229.7K |
| YoY Change | -45.64% | 56.79% |
| Gross Profit | -$10.42K | -$102.7K |
| YoY Change | -89.86% | 2.72% |
| Gross Profit Margin | -9.1% | -80.89% |
| Selling, General & Admin | $823.3K | $433.3K |
| YoY Change | 89.98% | 1441.55% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | |
| YoY Change | -100.0% | |
| % of Gross Profit | ||
| Operating Expenses | $823.3K | $433.3K |
| YoY Change | 89.99% | 122.48% |
| Operating Profit | -$833.7K | -$536.0K |
| YoY Change | 55.53% | 81.85% |
| Interest Expense | $0.00 | $123.2K |
| YoY Change | -100.0% | -156.32% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$342.6K | |
| YoY Change | ||
| Pretax Income | -$833.7K | -$943.8K |
| YoY Change | -11.67% | 83.77% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$833.7K | -$943.8K |
| YoY Change | -11.67% | 83.77% |
| Net Earnings / Revenue | -728.42% | -743.28% |
| Basic Earnings Per Share | -$0.01 | |
| Diluted Earnings Per Share | -$10.12K | -$14.88K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 82.39M shares | |
| Diluted Shares Outstanding | 82.39M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $471.7K | $8.360K |
| YoY Change | 5542.46% | -92.19% |
| Cash & Equivalents | $471.7K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $37.49K | $272.0K |
| YoY Change | -86.22% | 104.41% |
| Inventory | $491.6K | $213.4K |
| Prepaid Expenses | ||
| Receivables | $77.43K | $65.05K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $1.078M | $558.8K |
| YoY Change | 92.94% | -34.88% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.078M | $558.8K |
| Total Long-Term Assets | $0.00 | $0.00 |
| Total Assets | $1.078M | $558.8K |
| YoY Change | 92.94% | -34.88% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $353.7K | $1.148M |
| YoY Change | -69.18% | 668.48% |
| Accrued Expenses | $0.00 | $281.3K |
| YoY Change | -100.0% | 1180.38% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $2.351M |
| YoY Change | -100.0% | 71.97% |
| Long-Term Debt Due | $2.794M | |
| YoY Change | ||
| Total Short-Term Liabilities | $353.7K | $5.137M |
| YoY Change | -93.11% | 56.27% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $0.00 | |
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $353.7K | $5.137M |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $353.7K | $5.137M |
| YoY Change | -93.11% | 56.27% |
| 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 | $724.5K | -$4.578M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.078M | $558.8K |
| YoY Change | 92.94% | -34.88% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
USD | |
| CY2021Q3 | dei |
Entity Central Index Key
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|
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| CY2021Q3 | ngtf |
Accrued Expensesrelated Party
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|
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| CY2021Q3 | us-gaap |
Interest Expense Related Party
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|
USD | |
| CY2021Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
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|
USD | |
| CY2021Q3 | us-gaap |
Other Expenses
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|
USD | |
| CY2021Q3 | us-gaap |
Other Nonoperating Expense
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|
USD | |
| CY2021Q3 | ngtf |
Deemed Dividends Associated With Preferred B
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|
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Amortization Of Debt Discount Premium
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|
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Defined Benefit Plan Other Costs
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Increase Decrease In Derivative Liabilities
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|
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| CY2021Q3 | ngtf |
Loss On Extinguishment Of Debt Upon Note Conversion
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|
USD | |
| CY2021Q3 | us-gaap |
Net Cash Provided By Used In Investing Activities
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|
USD | |
| CY2020Q3 | ngtf |
Proceeds From The Sale Of Stock
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|
USD | |
| CY2021Q3 | us-gaap |
Proceeds From Issuance Of Debt
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|
USD | |
| CY2021Q3 | ngtf |
Borrowings Under Line Of Credit
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|
USD | |
| CY2021Q3 | us-gaap |
Interest Paid Discontinued Operations
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|
USD | |
| CY2021Q3 | ngtf |
Initial Derivative Liability And Debt Discount
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|
USD | |
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Derivative Liability Reclassed To Loss On Extinguishment Of Debt Upon Notes Conversion
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|
USD | |
| CY2021Q3 | ngtf |
Non Cash Stock Issued For Conversion Of Debt
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|
USD | |
| CY2021Q3 | ngtf |
Stock Issued For Interest
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|
USD | |
| CY2021Q3 | ngtf |
Trueup Adjustment In Debt Discount And Derivative Liability
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|
USD | |
| CY2020Q3 | ngtf |
Deemed Dividend Associated With Preferred Stock B
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|
USD | |
| CY2021Q3 | ngtf |
Accrued Liabilitie Current
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|
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| CY2021Q3 | ngtf |
Other Liabilitie Current
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|
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Derivative Liabilities
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|
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| CY2021Q3 | ngtf |
Change In Derivative Liability
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|
USD | |
| CY2021Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
USD | |
| CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
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|
shares | |
| CY2020Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
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|
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| CY2020Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
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|
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