2022 Q1 Form 10-Q Financial Statement
#000121390022025966 Filed on May 12, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $36.58K | $38.35K |
| YoY Change | -4.62% | |
| Cost Of Revenue | $72.81K | $39.36K |
| YoY Change | 84.98% | |
| Gross Profit | -$36.23K | -$1.010K |
| YoY Change | 3487.13% | |
| Gross Profit Margin | -99.04% | -2.63% |
| Selling, General & Admin | $1.818M | $1.313M |
| YoY Change | 38.45% | 26.85% |
| % of Gross Profit | ||
| Research & Development | $1.205M | $1.081M |
| YoY Change | 11.46% | 216.12% |
| % of Gross Profit | ||
| Depreciation & Amortization | $28.53K | $19.29K |
| YoY Change | 47.9% | 74.25% |
| % of Gross Profit | ||
| Operating Expenses | $3.024M | $2.395M |
| YoY Change | 26.26% | 73.86% |
| Operating Profit | -$3.060M | -$2.396M |
| YoY Change | 27.72% | |
| Interest Expense | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $1.740K | $1.780K |
| YoY Change | -2.25% | |
| Pretax Income | -$3.058M | -$2.394M |
| YoY Change | 27.74% | 77.9% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$3.058M | -$2.394M |
| YoY Change | 27.74% | 77.9% |
| Net Earnings / Revenue | -8359.94% | -6242.28% |
| Basic Earnings Per Share | -$0.19 | |
| Diluted Earnings Per Share | -$188.9K | -$213.0K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 16.19M shares | |
| Diluted Shares Outstanding | 16.19M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $12.87M | $11.27M |
| YoY Change | 14.15% | 1408.78% |
| Cash & Equivalents | $12.87M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $315.1K | $81.03K |
| YoY Change | 288.87% | -0.34% |
| Inventory | $221.9K | |
| Prepaid Expenses | ||
| Receivables | $36.58K | |
| Other Receivables | $0.00 | |
| Total Short-Term Assets | $13.44M | $11.36M |
| YoY Change | 18.38% | 1270.49% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $523.0K | $416.5K |
| YoY Change | 25.57% | 5.98% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $646.0K | $561.9K |
| YoY Change | 14.98% | 0.21% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $13.44M | $11.36M |
| Total Long-Term Assets | $646.0K | $561.9K |
| Total Assets | $14.09M | $11.92M |
| YoY Change | 18.22% | 757.82% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $446.0K | $345.8K |
| YoY Change | 28.99% | -67.9% |
| Accrued Expenses | $362.0K | $373.5K |
| YoY Change | -3.1% | 27.98% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $810.2K | $750.4K |
| YoY Change | 7.98% | -88.07% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $156.0K | $306.7K |
| YoY Change | -49.12% | 7.9% |
| Total Long-Term Liabilities | $156.0K | $306.7K |
| YoY Change | -49.12% | 7.9% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $810.2K | $750.4K |
| Total Long-Term Liabilities | $156.0K | $306.7K |
| Total Liabilities | $966.3K | $1.057M |
| YoY Change | -8.59% | -83.92% |
| 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 | $13.12M | $10.86M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $14.09M | $11.92M |
| YoY Change | 18.22% | 757.82% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.058M | -$2.394M |
| YoY Change | 27.74% | 77.9% |
| Depreciation, Depletion And Amortization | $28.53K | $19.29K |
| YoY Change | 47.9% | 74.25% |
| Cash From Operating Activities | -$3.222M | -$2.380M |
| YoY Change | 35.37% | 90.35% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$93.32K | -$2.060K |
| YoY Change | 4430.1% | -93.12% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$93.32K | -$2.060K |
| YoY Change | 4430.1% | -93.12% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -320.0 | 6.527M |
| YoY Change | -100.0% | -38789.98% |
| NET CHANGE | ||
| Cash From Operating Activities | -3.222M | -2.380M |
| Cash From Investing Activities | -93.32K | -2.060K |
| Cash From Financing Activities | -320.0 | 6.527M |
| Net Change In Cash | -3.315M | 4.145M |
| YoY Change | -179.98% | -419.58% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.222M | -$2.380M |
| Capital Expenditures | -$93.32K | -$2.060K |
| Free Cash Flow | -$3.128M | -$2.378M |
| YoY Change | 31.56% | 94.86% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001500198 | |
| CY2022Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
USD | |
| CY2021Q1 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
USD | |
| CY2021Q1 | nmtc |
Net Valuation Change Of Instruments Measured At Fair Value
NetValuationChangeOfInstrumentsMeasuredAtFairValue
|
USD | |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021Q4 | nmtc |
Issuance Of Common Stock Upon Vesting Of Restricted Stock Units
IssuanceOfCommonStockUponVestingOfRestrictedStockUnits
|
USD | |
| nmtc |
Issuance Costs Attributed To Financing Activities
IssuanceCostsAttributedToFinancingActivities
|
USD | ||
| nmtc |
Revaluation Of Convertible Notes
RevaluationOfConvertibleNotes
|
USD | ||
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
USD | ||
| us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
USD | ||
| nmtc |
Issuance Costs In Connection With Convertible Promissory Notes
IssuanceCostsInConnectionWithConvertiblePromissoryNotes
|
USD | ||
| nmtc |
Proceeds From Issuance Of Warrant In Connection With Private Placement
ProceedsFromIssuanceOfWarrantInConnectionWithPrivatePlacement
|
USD | ||
| us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | ||
| us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
USD | ||
| nmtc |
Conversion Of Convertible Promissory Notes To Equity
ConversionOfConvertiblePromissoryNotesToEquity
|
USD | ||
| nmtc |
Unpaid Issuance Costs Attributed To Convertible Notes And Private Placement
UnpaidIssuanceCostsAttributedToConvertibleNotesAndPrivatePlacement
|
USD | ||
| nmtc |
Reclass Of Deferred Offering Costs To Additional Paidin Capital In Connection With Public Offering
ReclassOfDeferredOfferingCostsToAdditionalPaidinCapitalInConnectionWithPublicOffering
|
USD | ||
| nmtc |
Purchased Fixed Assets In Accounts Payable And Accrued Expenses
PurchasedFixedAssetsInAccountsPayableAndAccruedExpenses
|
USD | ||
| CY2021Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
USD | |
| nmtc |
Operating Leases
OperatingLeases
|
USD | ||
| nmtc |
Operating Leases
OperatingLeases
|
USD | ||
| CY2022Q1 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
USD | |
| CY2022Q1 | nmtc |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Issued In Periods
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsIssuedInPeriods
|
shares | |
| CY2022Q1 | nmtc |
Exercise Price Per Warrant Issued1
ExercisePricePerWarrantIssued1
|
||
| CY2022Q1 | nmtc |
Weighted Average Exercise Price Issued
WeightedAverageExercisePriceIssued
|
||
| nmtc |
Weighted Average Termyears Issuedin Shares
WeightedAverageTermyearsIssuedinShares
|
|||
| CY2022Q1 | nmtc |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercised In Periods
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisedInPeriods
|
shares | |
| CY2022Q1 | nmtc |
Weighted Average Exercise Price Exercised1
WeightedAverageExercisePriceExercised1
|
||
| CY2022Q1 | nmtc |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Pricee1
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePricee1
|
||
| nmtc |
Weighted Average Termyears Exercisedin Shares
WeightedAverageTermyearsExercisedinShares
|
|||
| nmtc |
Weighted Average Termyears Forfeitedin Shares
WeightedAverageTermyearsForfeitedinShares
|
