2021 Q3 Form 10-Q Financial Statement

#000143774921018469 Filed on August 04, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2021 Q2 2020 Q2
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $113.6K $122.1K $37.08K
YoY Change 35.89% 229.3% -46.63%
% of Gross Profit
Research & Development $295.8K $147.4K $35.33K
YoY Change 217.18% 317.3%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $409.4K $269.6K $72.42K
YoY Change 131.48% 272.24% 4.22%
Operating Profit -$578.8K -$483.7K -$84.42K
YoY Change 94.9% 473.04% 21.49%
Interest Expense $0.00 $0.00 $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 $0.00
YoY Change
Pretax Income -$578.8K -$483.7K -$84.42K
YoY Change 94.91% 473.02%
Income Tax
% Of Pretax Income
Net Earnings -$578.8K -$483.7K -$84.42K
YoY Change 94.9% 473.04% 21.49%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01
Diluted Earnings Per Share -$6.331K -$5.354K -$1.174K
COMMON SHARES
Basic Shares Outstanding 91.42M 91.42M 67.02M
Diluted Shares Outstanding

Balance Sheet

Concept 2021 Q3 2021 Q2 2020 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.707M $3.063M $869.4K
YoY Change 288.98% 252.3% 82.8%
Cash & Equivalents $2.707M $3.063M $869.4K
Short-Term Investments
Other Short-Term Assets $2.400K $12.86K $3.070K
YoY Change -48.83% 318.89% 36.44%
Inventory
Prepaid Expenses $2.403K $7.500K
Receivables
Other Receivables
Total Short-Term Assets $2.716M $3.076M $872.5K
YoY Change 287.73% 252.54% 82.58%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $1.967M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $2.00 -$4.00 $1.967M
YoY Change -100.0% -100.0%
TOTAL ASSETS
Total Short-Term Assets $2.716M $3.076M $872.5K
Total Long-Term Assets $2.00 -$4.00 $1.967M
Total Assets $2.716M $3.076M $2.839M
YoY Change 1.83% 8.33% 494.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $60.00K $59.31K $51.91K
YoY Change 18.55% 14.26% 17.31%
Accrued Expenses $49.08K $0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $244.8K $195.1K $181.2K
YoY Change 31.57% 7.67% 14.04%
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 $244.8K $195.1K $181.2K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $244.8K $195.1K $181.2K
YoY Change 31.56% 7.67% 14.04%
SHAREHOLDERS EQUITY
Retained Earnings -$45.62M -$45.04M -$41.54M
YoY Change 9.02% 8.41% 0.55%
Common Stock $47.67M $47.50M $43.79M
YoY Change 8.57% 8.48% 5.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.471M $2.881M $2.658M
YoY Change
Total Liabilities & Shareholders Equity $2.716M $3.076M $2.839M
YoY Change 1.83% 8.33% 494.18%

Cashflow Statement

Concept 2021 Q3 2021 Q2 2020 Q2
OPERATING ACTIVITIES
Net Income -$578.8K -$483.7K -$84.42K
YoY Change 94.9% 473.04% 21.49%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$356.3K -$297.9K -$344.7K
YoY Change 105.27% -13.58% -51.24%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $114.2K
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 $114.2K
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 3.062M 773.0K
YoY Change 296.13% -34.3%
NET CHANGE
Cash From Operating Activities -356.3K -297.9K -344.7K
Cash From Investing Activities 0.000 0.000 114.2K
Cash From Financing Activities 0.000 3.062M 773.0K
Net Change In Cash -356.3K 2.764M 542.5K
YoY Change 105.27% 409.57% 15.49%
FREE CASH FLOW
Cash From Operating Activities -$356.3K -$297.9K -$344.7K
Capital Expenditures
Free Cash Flow
YoY Change

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