2022 Q4 Form 10-Q Financial Statement
#000149315222031822 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $853.0K | ||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $853.0K | $47.00K | $5.035M |
YoY Change | 2032.5% | -68.03% | 7197.1% |
Operating Profit | -$853.0K | -$47.00K | -$5.035M |
YoY Change | 2032.5% | -68.03% | 7197.1% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $2.000K | ||
YoY Change | |||
Pretax Income | -$851.0K | -$47.00K | -$5.035M |
YoY Change | 2027.5% | -68.03% | 10612.77% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$851.0K | -$47.00K | -$5.035M |
YoY Change | 2027.5% | -68.03% | 10612.77% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.15 | -$0.01 | -$0.89 |
Diluted Earnings Per Share | -$0.15 | -$8.273K | -$886.2K |
COMMON SHARES | |||
Basic Shares Outstanding | 5.681M shares | 5.681M shares | 5.681M shares |
Diluted Shares Outstanding | 5.681M shares | 5.681M shares | 5.681M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $5.000K | $1.000K | $186.0K |
YoY Change | -95.9% | -66.67% | 279.59% |
Cash & Equivalents | $5.000K | $1.000K | $186.0K |
Short-Term Investments | |||
Other Short-Term Assets | $1.000K | $9.000K | $2.000K |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $1.000K | $9.000K | $2.000K |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $6.000K | $10.00K | $188.0K |
YoY Change | -95.08% | 233.33% | 283.67% |
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 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $6.000K | $10.00K | $188.0K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $6.000K | $10.00K | $188.0K |
YoY Change | -95.08% | 233.33% | 283.67% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $0.00 | $22.00K | $7.000K |
YoY Change | -100.0% | -80.87% | -50.0% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $40.00K | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $50.00K | $28.00K | $18.00K |
YoY Change | -32.43% | -75.65% | 28.57% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $50.00K | $28.00K | $18.00K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $50.00K | $28.00K | $18.00K |
YoY Change | -32.43% | -75.65% | 28.57% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$39.66M | -$38.81M | -$38.76M |
YoY Change | |||
Common Stock | $6.000K | $6.000K | $6.000K |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $30.00K | $30.00K | $30.00K |
YoY Change | |||
Treasury Stock Shares | 1.534K shares | 1.534K shares | 1.534K shares |
Shareholders Equity | -$44.00K | -$18.00K | $170.0K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.000K | $10.00K | $188.0K |
YoY Change | -95.08% | 233.33% | 283.67% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$851.0K | -$47.00K | -$5.035M |
YoY Change | 2027.5% | -68.03% | 10612.77% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$36.00K | -$44.00K | -$60.00K |
YoY Change | -55.56% | -4.35% | -24.05% |
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 | 40.00K | -141.0K | |
YoY Change | -80.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -36.00K | -44.00K | -$60.00K |
Cash From Investing Activities | |||
Cash From Financing Activities | 40.00K | -141.0K | |
Net Change In Cash | 4.000K | -185.0K | -$60.00K |
YoY Change | -96.64% | 302.17% | -24.05% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$36.00K | -$44.00K | -$60.00K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3000 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-47000 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-147000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5082000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-194000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-104000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-125000 | usd | |
CY2022Q3 | us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
141000 | usd |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
0.25 | |
CY2022Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2022Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
ASNB |
Preferred Stock Issued And Redeemed Shares
PreferredStockIssuedAndRedeemedShares
|
500000 | shares | |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5010000 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5010000 | usd | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1500000 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares | |
CY2021Q2 | us-gaap |
Cash
Cash
|
22000 | usd |
us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
0 | usd | |
us-gaap |
Income Tax Credits And Adjustments
IncomeTaxCreditsAndAdjustments
|
0 | usd | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.270 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.270 | pure | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
1.25 | |
CY2022Q3 | us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
141000 | usd |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
0.25 |