2021 Q3 Form 10-Q Financial Statement
#000149315221029524 Filed on November 22, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $588.0K | $678.1K |
| YoY Change | -13.27% | |
| Cost Of Revenue | $1.555M | $563.5K |
| YoY Change | 176.03% | |
| Gross Profit | -$967.4K | $114.5K |
| YoY Change | -944.69% | |
| Gross Profit Margin | -164.52% | 16.89% |
| Selling, General & Admin | $290.6K | $972.4K |
| YoY Change | -70.11% | |
| % of Gross Profit | 849.04% | |
| Research & Development | $0.00 | |
| YoY Change | ||
| % of Gross Profit | 0.0% | |
| Depreciation & Amortization | $407.8K | $816.7K |
| YoY Change | -50.06% | |
| % of Gross Profit | 713.11% | |
| Operating Expenses | $290.6K | $972.4K |
| YoY Change | -70.11% | |
| Operating Profit | -$1.258M | -$857.9K |
| YoY Change | 46.65% | |
| Interest Expense | -$2.318M | -$198.0K |
| YoY Change | 1070.59% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $248.8K | |
| YoY Change | ||
| Pretax Income | -$3.090M | -$3.057M |
| YoY Change | 1.08% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$3.090M | -$1.886M |
| YoY Change | 63.79% | |
| Net Earnings / Revenue | -525.43% | -278.21% |
| Basic Earnings Per Share | -$0.18 | |
| Diluted Earnings Per Share | -$144.5K | -$1.010M |
| COMMON SHARES | ||
| Basic Shares Outstanding | 16.92M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.646M | $59.05K |
| YoY Change | 6075.22% | |
| Cash & Equivalents | $14.50K | $59.05K |
| Short-Term Investments | $3.632M | |
| Other Short-Term Assets | $193.6K | $680.6K |
| YoY Change | -71.55% | |
| Inventory | $4.344M | $102.6K |
| Prepaid Expenses | ||
| Receivables | $515.1K | $220.0K |
| Other Receivables | $500.0K | $0.00 |
| Total Short-Term Assets | $9.200M | $1.062M |
| YoY Change | 766.08% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $12.65M | $23.25K |
| YoY Change | 54304.09% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $2.021M | |
| YoY Change | ||
| Total Long-Term Assets | $14.91M | $2.045M |
| YoY Change | 629.42% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $9.200M | $1.062M |
| Total Long-Term Assets | $14.91M | $2.045M |
| Total Assets | $24.11M | $3.107M |
| YoY Change | 676.14% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.475M | $2.259M |
| YoY Change | -34.72% | |
| Accrued Expenses | $4.963M | $814.2K |
| YoY Change | 509.51% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $6.315M | $78.02K |
| YoY Change | 7994.41% | |
| Long-Term Debt Due | $738.8K | |
| YoY Change | ||
| Total Short-Term Liabilities | $12.75M | $4.712M |
| YoY Change | 170.63% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $205.2K |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $3.043M | $86.07K |
| YoY Change | 3435.08% | |
| Total Long-Term Liabilities | $3.043M | $291.2K |
| YoY Change | 944.72% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $12.75M | $4.712M |
| Total Long-Term Liabilities | $3.043M | $291.2K |
| Total Liabilities | $15.80M | $2.985M |
| YoY Change | 429.12% | |
| 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 | $8.319M | $121.7K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $24.11M | $3.107M |
| YoY Change | 676.14% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$3.090M | -$1.886M |
| YoY Change | 63.79% | |
| Depreciation, Depletion And Amortization | $407.8K | $816.7K |
| YoY Change | -50.06% | |
| Cash From Operating Activities | -$752.5K | -$563.0K |
| YoY Change | 33.65% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $244.1K | $0.00 |
| YoY Change | ||
| Cash From Investing Activities | $244.1K | $0.00 |
| 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 | 392.2K | 603.7K |
| YoY Change | -35.03% | |
| NET CHANGE | ||
| Cash From Operating Activities | -752.5K | -563.0K |
| Cash From Investing Activities | 244.1K | 0.000 |
| Cash From Financing Activities | 392.2K | 603.7K |
| Net Change In Cash | -116.2K | 40.65K |
| YoY Change | -385.88% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$752.5K | -$563.0K |
| Capital Expenditures | $0.00 | |
| Free Cash Flow | -$563.0K | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Other Receivables
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