2021 Q2 Form 10-Q Financial Statement

#000149315221021215 Filed on August 25, 2021

View on sec.gov

Income Statement

Concept 2021 Q2 2020 Q2
Revenue $3.377M
YoY Change
Cost Of Revenue $3.595M
YoY Change
Gross Profit -$218.4K
YoY Change
Gross Profit Margin -6.47%
Selling, General & Admin $134.5K $23.13K
YoY Change 481.54% 4526.0%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization -$10.00 $2.870K
YoY Change -100.35%
% of Gross Profit
Operating Expenses $77.65K $23.13K
YoY Change 235.69% 4526.0%
Operating Profit -$296.1K -$23.13K
YoY Change 1180.02% 4526.0%
Interest Expense $33.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$296.1K -$23.13K
YoY Change 1180.03% 4526.0%
Income Tax
% Of Pretax Income
Net Earnings $416.5K -$23.13K
YoY Change -1900.67% 4526.0%
Net Earnings / Revenue 12.33%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $4.873K -$130.00
COMMON SHARES
Basic Shares Outstanding 177.9M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.290M $16.78K
YoY Change 13546.07%
Cash & Equivalents $62.27K $16.78K
Short-Term Investments $2.228M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.290M $16.78K
YoY Change 13546.07%
LONG-TERM ASSETS
Property, Plant & Equipment $543.7K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $299.1K
YoY Change
Total Long-Term Assets $318.3K $543.7K
YoY Change -41.46%
TOTAL ASSETS
Total Short-Term Assets $2.290M $16.78K
Total Long-Term Assets $318.3K $543.7K
Total Assets $2.608M $560.5K
YoY Change 365.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $1.219M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $33.79K $561.8K
YoY Change -93.98%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $1.252M $561.8K
YoY Change 122.95%
LONG-TERM LIABILITIES
Long-Term Debt $456.4K $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $456.4K $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.252M $561.8K
Total Long-Term Liabilities $456.4K $0.00
Total Liabilities $1.709M $561.8K
YoY Change 204.2%
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 $899.3K -$1.270K
YoY Change
Total Liabilities & Shareholders Equity $2.608M $560.5K
YoY Change 365.33%

Cashflow Statement

Concept 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income $416.5K -$23.13K
YoY Change -1900.67% 4526.0%
Depreciation, Depletion And Amortization -$10.00 $2.870K
YoY Change -100.35%
Cash From Operating Activities -$196.0K -$76.19K
YoY Change 157.21% 15138.0%
INVESTING ACTIVITIES
Capital Expenditures -$10.00K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $375.8K -$312.6K
YoY Change -220.21% -77.94%
Cash From Investing Activities $365.8K -$312.6K
YoY Change -217.01% -77.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -196.5K 381.7K
YoY Change -151.49% -73.34%
NET CHANGE
Cash From Operating Activities -196.0K -76.19K
Cash From Investing Activities 365.8K -312.6K
Cash From Financing Activities -196.5K 381.7K
Net Change In Cash -26.74K -7.120K
YoY Change 275.56% -149.07%
FREE CASH FLOW
Cash From Operating Activities -$196.0K -$76.19K
Capital Expenditures -$10.00K
Free Cash Flow -$186.0K
YoY Change

Facts In Submission

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