2021 Q3 Form 10-Q Financial Statement
#000149315221028507 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $4.980K | $4.790K |
| YoY Change | 3.97% | |
| Cost Of Revenue | $350.00 | |
| YoY Change | -90.91% | |
| Gross Profit | $4.980K | $4.440K |
| YoY Change | 12.16% | -215.32% |
| Gross Profit Margin | 100.0% | 92.69% |
| Selling, General & Admin | $992.0K | $802.2K |
| YoY Change | 23.66% | 188.97% |
| % of Gross Profit | 19918.67% | 18067.12% |
| Research & Development | $116.4K | |
| YoY Change | ||
| % of Gross Profit | 2336.95% | |
| Depreciation & Amortization | $14.09K | $8.860K |
| YoY Change | 59.03% | -93.72% |
| % of Gross Profit | 282.93% | 199.55% |
| Operating Expenses | $1.108M | $0.00 |
| YoY Change | -100.0% | |
| Operating Profit | -$1.103M | $4.440K |
| YoY Change | -24950.23% | -101.03% |
| Interest Expense | -$2.120K | -$530.0K |
| YoY Change | -99.6% | 6676.85% |
| % of Operating Profit | -11935.81% | |
| Other Income/Expense, Net | -$2.118K | |
| YoY Change | ||
| Pretax Income | -$1.105M | -$1.348M |
| YoY Change | -17.99% | 159.65% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$1.105M | -$1.348M |
| YoY Change | -17.99% | 159.65% |
| Net Earnings / Revenue | -22198.19% | -28141.96% |
| Basic Earnings Per Share | -$0.13 | |
| Diluted Earnings Per Share | -$126.4K | -$230.9K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 8.749M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $8.817M | $167.2K |
| YoY Change | 5172.35% | 669.27% |
| Cash & Equivalents | $8.817M | $165.7K |
| Short-Term Investments | $1.500K | |
| Other Short-Term Assets | $618.8K | $132.4K |
| YoY Change | 367.38% | -7.81% |
| Inventory | $74.64K | |
| Prepaid Expenses | ||
| Receivables | $2.250K | |
| Other Receivables | $0.00 | |
| Total Short-Term Assets | $9.511M | $301.9K |
| YoY Change | 3050.35% | 69.76% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $352.0K | $348.7K |
| YoY Change | 0.93% | 185.86% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $8.200K | $8.200K |
| YoY Change | 0.0% | 0.0% |
| Other Assets | $0.00 | $44.80K |
| YoY Change | -100.0% | |
| Total Long-Term Assets | $403.2K | $424.3K |
| YoY Change | -4.96% | -9.79% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $9.511M | $301.9K |
| Total Long-Term Assets | $403.2K | $424.3K |
| Total Assets | $9.914M | $726.2K |
| YoY Change | 1265.3% | 12.04% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $785.7K | $751.4K |
| YoY Change | 4.56% | 1.63% |
| Accrued Expenses | $419.8K | $47.63K |
| YoY Change | 781.29% | -83.54% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $6.360K | $42.83K |
| YoY Change | -85.15% | -37.1% |
| Long-Term Debt Due | $5.970K | $492.9K |
| YoY Change | -98.79% | 604.14% |
| Total Short-Term Liabilities | $1.218M | $2.272M |
| YoY Change | -46.41% | 107.17% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $30.44K | $237.1K |
| YoY Change | -87.16% | -15.33% |
| Other Long-Term Liabilities | $117.7K | $144.5K |
| YoY Change | -18.56% | 105.27% |
| Total Long-Term Liabilities | $148.1K | $381.6K |
| YoY Change | -61.18% | 8.9% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.218M | $2.272M |
| Total Long-Term Liabilities | $148.1K | $381.6K |
| Total Liabilities | $1.366M | $2.654M |
| YoY Change | -48.53% | 83.38% |
| 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 | $8.548M | -$1.928M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $9.914M | $726.2K |
| YoY Change | 1265.3% | 12.04% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$1.105M | -$1.348M |
| YoY Change | -17.99% | 159.65% |
| Depreciation, Depletion And Amortization | $14.09K | $8.860K |
| YoY Change | 59.03% | -93.72% |
| Cash From Operating Activities | -$1.084M | -$237.0K |
| YoY Change | 357.54% | 107.51% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$30.15K | -$62.10K |
| YoY Change | -51.45% | 1087.38% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Investing Activities | -$30.15K | -$62.10K |
| YoY Change | -51.45% | 1087.38% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 9.789M | 336.3K |
| YoY Change | 2811.08% | 354.22% |
| NET CHANGE | ||
| Cash From Operating Activities | -1.084M | -237.0K |
| Cash From Investing Activities | -30.15K | -62.10K |
| Cash From Financing Activities | 9.789M | 336.3K |
| Net Change In Cash | 8.674M | 37.18K |
| YoY Change | 23230.77% | -181.89% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.084M | -$237.0K |
| Capital Expenditures | -$30.15K | -$62.10K |
| Free Cash Flow | -$1.054M | -$174.9K |
| YoY Change | 502.77% | 60.48% |
Facts In Submission
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