2022 Q1 Form 10-Q Financial Statement
#000149315222013259 Filed on May 13, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $466.5K | $607.7K |
| YoY Change | -23.25% | |
| Cost Of Revenue | $1.654M | $1.405M |
| YoY Change | 17.73% | |
| Gross Profit | -$1.187M | -$797.1K |
| YoY Change | 48.96% | |
| Gross Profit Margin | -254.56% | -131.16% |
| Selling, General & Admin | $460.6K | $251.0K |
| YoY Change | 83.46% | |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $424.0K | $0.00 |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $460.5K | $251.1K |
| YoY Change | 83.45% | |
| Operating Profit | -$1.648M | -$1.048M |
| YoY Change | 57.22% | |
| Interest Expense | -$1.446M | $1.085M |
| YoY Change | -233.25% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $311.8K | |
| YoY Change | ||
| Pretax Income | -$2.782M | $312.6K |
| YoY Change | -990.09% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$2.782M | $312.6K |
| YoY Change | -990.09% | |
| Net Earnings / Revenue | -596.45% | 51.43% |
| Basic Earnings Per Share | -$0.16 | |
| Diluted Earnings Per Share | -$188.5K | $11.72K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 16.92M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.903M | $19.72K |
| YoY Change | 14619.47% | |
| Cash & Equivalents | $56.00K | $19.72K |
| Short-Term Investments | $2.847M | |
| Other Short-Term Assets | $233.6K | $10.56K |
| YoY Change | 2112.22% | |
| Inventory | $4.325M | $10.71K |
| Prepaid Expenses | ||
| Receivables | $162.6K | |
| Other Receivables | $500.0K | |
| Total Short-Term Assets | $8.124M | $40.99K |
| YoY Change | 19718.71% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $12.05M | $17.07K |
| YoY Change | 70499.0% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $14.29M | $17.07K |
| YoY Change | 83591.33% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $8.124M | $40.99K |
| Total Long-Term Assets | $14.29M | $17.07K |
| Total Assets | $22.41M | $58.06K |
| YoY Change | 38497.66% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $2.151M | $1.895M |
| YoY Change | 13.49% | |
| Accrued Expenses | $1.741M | $900.9K |
| YoY Change | 93.21% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $7.666M | $135.5K |
| YoY Change | 5556.43% | |
| Long-Term Debt Due | $230.3K | |
| YoY Change | ||
| Total Short-Term Liabilities | $11.56M | $3.412M |
| YoY Change | 238.71% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $205.2K |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $6.672M | |
| YoY Change | ||
| Total Long-Term Liabilities | $6.672M | $205.2K |
| YoY Change | 3151.75% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $11.56M | $3.412M |
| Total Long-Term Liabilities | $6.672M | $205.2K |
| Total Liabilities | $18.23M | $1.599M |
| YoY Change | 1039.93% | |
| 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 | $4.181M | $7.079M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $22.41M | $58.06K |
| YoY Change | 38497.66% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$2.782M | $312.6K |
| YoY Change | -990.09% | |
| Depreciation, Depletion And Amortization | $424.0K | $0.00 |
| YoY Change | ||
| Cash From Operating Activities | -$436.0K | -$25.42K |
| YoY Change | 1615.34% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$9.730K | |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | |
| YoY Change | ||
| Cash From Investing Activities | -$9.730K | $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 | 482.0K | 20.00K |
| YoY Change | 2309.95% | |
| NET CHANGE | ||
| Cash From Operating Activities | -436.0K | -25.42K |
| Cash From Investing Activities | -9.730K | 0.000 |
| Cash From Financing Activities | 482.0K | 20.00K |
| Net Change In Cash | 36.22K | -5.420K |
| YoY Change | -768.27% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$436.0K | -$25.42K |
| Capital Expenditures | -$9.730K | |
| Free Cash Flow | -$426.3K | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | EXDID |
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| CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
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|
shares | |
| CY2022Q1 | EXDID |
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| CY2022Q1 | us-gaap |
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shares | |
| CY2022Q1 | EXDID |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Forfeited Or Expired In Period Weighted Average Exercise Price
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| CY2022Q1 | EXDID |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Option Equity Instruments Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionEquityInstrumentsAggregateIntrinsicValueOutstanding
|
USD | |
| CY2022Q1 | EXDID |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Vested And Exercisable In Period Weighted Average Intrinsic Value
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Employer Retention Credit
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Gains Losses On Extinguishment Of Debt
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Income Tax Expense Benefit
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Amortization Of Debt Discount Premium
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|
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| CY2022Q1 | EXDID |
Proceeds From Payroll Protection Loan Related Party
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| CY2021Q1 | EXDID |
Conversion Of Preferred Shares To Note Payable
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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| CY2022Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
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| CY2021Q4 | EXDID |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Option Equity Instruments Aggregate Intrinsic Value Outstanding
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