$NVOS
Novo Integrated Sciences, Inc.

2021 Form 10-K Financial Statement

#000149315221031449 Filed on December 14, 2021

View on sec.gov

Income Statement

Concept 2021 2020 Q3 2020
Revenue $9.305M $1.840M $7.860M
YoY Change 18.39% -23.97% -16.56%
Cost Of Revenue $5.482M $1.020M $4.800M
YoY Change 14.21% -36.25% -18.64%
Gross Profit $3.823M $820.0K $3.060M
YoY Change 24.93% 0.0% -13.07%
Gross Profit Margin 41.08% 44.57% 38.93%
Selling, General & Admin $8.097M $4.750M $7.290M
YoY Change 11.07% 370.3% 79.56%
% of Gross Profit 211.8% 579.27% 238.24%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.724M $1.400M $1.450M
YoY Change 18.9% 4566.67% 1350.0%
% of Gross Profit 45.1% 170.73% 47.39%
Operating Expenses $8.097M $4.750M $7.300M
YoY Change 10.92% 375.0% 79.8%
Operating Profit -$4.274M -$3.930M -$4.240M
YoY Change 0.81% 2083.33% 685.19%
Interest Expense -$119.3K -$80.00K -$120.0K
YoY Change -0.58% -233.33% 71.43%
% of Operating Profit
Other Income/Expense, Net -$97.42K -$190.0K -$190.0K
YoY Change -48.73% -371.43% -371.43%
Pretax Income -$4.471M -$4.230M -$4.920M
YoY Change -9.13% -5387.5% 1130.0%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$4.462M -$4.220M -$4.920M
YoY Change -9.31% -5375.0% 1161.54%
Net Earnings / Revenue -47.95% -229.35% -62.6%
Basic Earnings Per Share -$0.18
Diluted Earnings Per Share -$180.1K -$180.4K -$213.6K
COMMON SHARES
Basic Shares Outstanding 24.77M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2021 2020 Q3 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.293M $2.070M $2.070M
YoY Change 300.64% -0.48% -0.48%
Cash & Equivalents $8.293M $2.068M $2.070M
Short-Term Investments
Other Short-Term Assets $218.4K $190.0K $190.0K
YoY Change 14.94% -24.0% -24.0%
Inventory $339.4K
Prepaid Expenses
Receivables $1.468M $1.730M $1.730M
Other Receivables $814.2K $310.0K $310.0K
Total Short-Term Assets $11.13M $4.290M $4.290M
YoY Change 159.52% 4.63% 4.63%
LONG-TERM ASSETS
Property, Plant & Equipment $8.614M $3.160M $3.160M
YoY Change 172.59% -7.33% -7.33%
Goodwill $636.9K
YoY Change
Intangibles
YoY Change
Long-Term Investments $290.0K $290.0K
YoY Change -72.64% -72.64%
Other Assets $0.00 $380.0K $380.0K
YoY Change -100.0% -47.22% -47.22%
Total Long-Term Assets $50.82M $31.10M $31.10M
YoY Change 63.42% 10.4% 10.4%
TOTAL ASSETS
Total Short-Term Assets $11.13M $4.290M $4.290M
Total Long-Term Assets $50.82M $31.10M $31.10M
Total Assets $61.96M $35.39M $35.39M
YoY Change 75.07% 9.67% 9.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.450M $880.0K $880.0K
YoY Change 64.75% -22.81% -22.81%
Accrued Expenses $1.988M $1.100M $1.100M
YoY Change 80.71% 14.58% 14.58%
Deferred Revenue
YoY Change
Short-Term Debt $478.9K $610.0K $610.0K
YoY Change -21.49% -33.7% -33.7%
Long-Term Debt Due $4.509M
YoY Change
Total Short-Term Liabilities $8.464M $2.600M $2.600M
YoY Change 225.54% -14.19% -14.19%
LONG-TERM LIABILITIES
Long-Term Debt $6.132M $950.0K $950.0K
YoY Change 545.48% -20.83% -20.83%
Other Long-Term Liabilities $2.058M $2.270M $2.270M
YoY Change -9.35% -9.2% -9.2%
Total Long-Term Liabilities $8.190M $3.220M $3.220M
YoY Change 154.34% -12.97% -12.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.464M $2.600M $2.600M
Total Long-Term Liabilities $8.190M $3.220M $3.220M
Total Liabilities $18.09M $5.770M $5.770M
YoY Change 213.59% -13.75% -13.75%
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 $43.86M $29.62M $29.62M
YoY Change
Total Liabilities & Shareholders Equity $61.96M $35.39M $35.39M
YoY Change 75.07% 9.67% 9.67%

Cashflow Statement

Concept 2021 2020 Q3 2020
OPERATING ACTIVITIES
Net Income -$4.462M -$4.220M -$4.920M
YoY Change -9.31% -5375.0% 1161.54%
Depreciation, Depletion And Amortization $1.724M $1.400M $1.450M
YoY Change 18.9% 4566.67% 1350.0%
Cash From Operating Activities -$1.025M -$10.00K -$440.0K
YoY Change 132.91% -96.55% -46.34%
INVESTING ACTIVITIES
Capital Expenditures -$256.0K -$10.00K -$10.00K
YoY Change 2459.5% -92.86% -95.83%
Acquisitions
YoY Change
Other Investing Activities $3.255M $930.0K $670.0K
YoY Change 385.83% -211.67%
Cash From Investing Activities $2.999M $930.0K $660.0K
YoY Change 354.41% -815.38% -178.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.317M -310.0K -270.0K
YoY Change -1698.84% 3000.0% -108.79%
NET CHANGE
Cash From Operating Activities -1.025M -10.00K -440.0K
Cash From Investing Activities 2.999M 930.0K 660.0K
Cash From Financing Activities 4.317M -310.0K -270.0K
Net Change In Cash 6.291M 610.0K -50.00K
YoY Change -12682.36% -241.86% -103.55%
FREE CASH FLOW
Cash From Operating Activities -$1.025M -$10.00K -$440.0K
Capital Expenditures -$256.0K -$10.00K -$10.00K
Free Cash Flow -$768.8K $0.00 -$430.0K
YoY Change 78.8% -100.0% -25.86%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q3 us-gaap Inventory Net
InventoryNet
USD
CY2021Q3 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
USD
CY2020Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
USD
CY2020Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
USD
CY2020Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
USD
CY2020Q3 us-gaap Deferred Credits And Other Liabilities
DeferredCreditsAndOtherLiabilities
USD
CY2020Q3 NVOS Common Stock Subscribed But Unissued Subscriptions Receivable
CommonStockSubscribedButUnissuedSubscriptionsReceivable
USD
CY2021 NVOS Write Off Of Acquisition Deposits
WriteOffOfAcquisitionDeposits
USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2021 NVOS Stock Issued During Period Value Stock Splits
StockIssuedDuringPeriodValueStockSplits
USD
CY2021 NVOS Expense Associated With Modified Stock Option Terms
ExpenseAssociatedWithModifiedStockOptionTerms
USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
USD
CY2021 NVOS Loss On Settlement Of Other Receivable
LossOnSettlementOfOtherReceivable
USD
CY2021 NVOS Write Off Of Acquisition Deposits
WriteOffOfAcquisitionDeposits
USD
CY2020 NVOS Increase Decrease In Inventory
IncreaseDecreaseInInventory
USD
CY2020 NVOS Payments To Acquire Assets
PaymentsToAcquireAssets
USD
CY2020 us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
USD
CY2020 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
USD
CY2021 us-gaap Payments For Other Deposits
PaymentsForOtherDeposits
USD
CY2021 us-gaap Proceeds From Other Deposits
ProceedsFromOtherDeposits
USD
CY2021 NVOS Proceeds From Collection Of Other Receivable
ProceedsFromCollectionOfOtherReceivable
USD
CY2021 NVOS Repayments Of Debenture Related Party
RepaymentsOfDebentureRelatedParty
USD
CY2020 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
USD
CY2020 NVOS Repayments Of Finance Leases
RepaymentsOfFinanceLeases
USD
CY2021 us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
USD
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
USD
CY2021 NVOS Common Stock Issued For Debt
CommonStockIssuedForDebt
USD
CY2020 NVOS Common Stock Issued For Acquisition Of Assets
CommonStockIssuedForAcquisitionOfAssets
USD
CY2020Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
USD
CY2020Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
USD
CY2020Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
USD
CY2020Q3 us-gaap Inventory Gross
InventoryGross
USD
CY2020Q3 NVOS Allowance And Obsolete Inventory
AllowanceAndObsoleteInventory
USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
USD
CY2020Q3 us-gaap Long Term Notes And Loans
LongTermNotesAndLoans
USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2021Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
USD
CY2020Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
USD
CY2020Q3 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
USD
CY2020Q3 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
USD
CY2020Q3 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
USD

Files In Submission

Name View Source Status
0001493152-21-031449-index-headers.html Edgar Link pending
0001493152-21-031449-index.html Edgar Link pending
0001493152-21-031449.txt Edgar Link pending
0001493152-21-031449-xbrl.zip Edgar Link pending
ex10-35.htm Edgar Link pending
ex10-36.htm Edgar Link pending
ex10-37.htm Edgar Link pending
ex10-38.htm Edgar Link pending
ex10-39.htm Edgar Link pending
ex21-1.htm Edgar Link pending
ex23-1.htm Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10-k.htm Edgar Link pending
form10-k_htm.xml Edgar Link completed
image_001.jpg Edgar Link pending
image_002.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
nvos-20210831.xsd Edgar Link pending
nvos-20210831_cal.xml Edgar Link unprocessable
nvos-20210831_def.xml Edgar Link unprocessable
nvos-20210831_lab.xml Edgar Link unprocessable
nvos-20210831_pre.xml Edgar Link unprocessable
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending