2022 Q1 Form 10-Q Financial Statement
#000107261322000424 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | $0.00 |
| YoY Change | -100.0% |
| Gross Profit Margin | |
| Selling, General & Admin | $822.0K |
| YoY Change | -11.33% |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $75.00K |
| YoY Change | 1.35% |
| % of Gross Profit | |
| Operating Expenses | $897.0K |
| YoY Change | -10.39% |
| Operating Profit | -$897.0K |
| YoY Change | -107.31% |
| Interest Expense | -$434.0K |
| YoY Change | -10950.0% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$434.0K |
| YoY Change | |
| Pretax Income | -$1.331M |
| YoY Change | -110.84% |
| Income Tax | -$452.0K |
| % Of Pretax Income | |
| Net Earnings | -$1.312M |
| YoY Change | -113.88% |
| Net Earnings / Revenue | |
| Basic Earnings Per Share | -$0.05 |
| Diluted Earnings Per Share | -$54.87K |
| COMMON SHARES | |
| Basic Shares Outstanding | 23.91M shares |
| Diluted Shares Outstanding | 23.91M shares |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $56.54M |
| YoY Change | 36.98% |
| Cash & Equivalents | $42.46M |
| Short-Term Investments | $14.08M |
| Other Short-Term Assets | $111.0K |
| YoY Change | 26.14% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $56.65M |
| YoY Change | -5.67% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $3.218M |
| YoY Change | -27.52% |
| Other Assets | $13.00K |
| YoY Change | 0.0% |
| Total Long-Term Assets | $5.064M |
| YoY Change | -15.1% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $56.65M |
| Total Long-Term Assets | $5.064M |
| Total Assets | $61.71M |
| YoY Change | -6.52% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $490.0K |
| YoY Change | 34.99% |
| Accrued Expenses | $569.0K |
| YoY Change | -91.28% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $4.011M |
| YoY Change | -48.44% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $4.011M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $4.113M |
| YoY Change | -51.89% |
| 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 | $57.60M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $61.71M |
| YoY Change | -6.52% |
Cashflow Statement
| Concept | 2022 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$1.312M |
| YoY Change | -113.88% |
| Depreciation, Depletion And Amortization | $75.00K |
| YoY Change | 1.35% |
| Cash From Operating Activities | -$749.0K |
| YoY Change | -45.53% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$524.0K |
| YoY Change | 6450.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $537.0K |
| YoY Change | -55.47% |
| Cash From Investing Activities | $13.00K |
| YoY Change | -98.91% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -1.302M |
| YoY Change | 7.96% |
| NET CHANGE | |
| Cash From Operating Activities | -749.0K |
| Cash From Investing Activities | 13.00K |
| Cash From Financing Activities | -1.302M |
| Net Change In Cash | -2.038M |
| YoY Change | 47.36% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$749.0K |
| Capital Expenditures | -$524.0K |
| Free Cash Flow | -$225.0K |
| YoY Change | -83.54% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Preferred Stock Value
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Revenues
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Cost Of Revenue
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Current Income Tax Expense Benefit
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Vesting Of Restricted Stock Units
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Increase Decrease In Receivables
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Increase Decrease In Accrued Income Taxes Payable
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Increase Decrease In Security Deposits
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Convertible Note Investment
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Interest Paid
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Accrued Dividend Rights On Restricted Stock Units
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Incremental Common Shares Attributable To Call Options And Warrants
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Options And Warrants Excluded From Computation Of Diluted Income Loss Per Share Because Effect Of Inclusion Would Have Been Antidilutive
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