2022 Q1 Form 10-Q Financial Statement
#000121390022025575 Filed on May 11, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $205.2K | $170.0K |
| YoY Change | 20.7% | |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $255.2K | $220.0K |
| YoY Change | 16.0% | |
| Operating Profit | -$255.2K | |
| YoY Change | ||
| Interest Expense | $5.706M | -$200.0K |
| YoY Change | -2953.05% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $5.451M | -$420.0K |
| YoY Change | -1397.83% | 79900.0% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | 0.0% | |
| Net Earnings | $5.451M | -$420.8K |
| YoY Change | -1395.27% | 80058.48% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $249.2K | -$19.20K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.288M | $1.700M |
| YoY Change | -24.21% | |
| Cash & Equivalents | $1.288M | $1.700M |
| Short-Term Investments | ||
| Other Short-Term Assets | $68.34K | $200.0K |
| YoY Change | -65.83% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $1.357M | $2.000M |
| YoY Change | -32.16% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $175.2M | $175.1M |
| YoY Change | 0.03% | |
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $175.2M | $175.0M |
| YoY Change | 0.09% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.357M | $2.000M |
| Total Long-Term Assets | $175.2M | $175.0M |
| Total Assets | $176.5M | $177.0M |
| YoY Change | -0.28% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | $252.5K | $100.0K |
| YoY Change | 152.52% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $252.5K | $100.0K |
| YoY Change | 152.52% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $9.999M | $21.60M |
| YoY Change | -53.71% | |
| Total Long-Term Liabilities | $9.999M | $21.60M |
| YoY Change | -53.71% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $252.5K | $100.0K |
| Total Long-Term Liabilities | $9.999M | $21.60M |
| Total Liabilities | $10.25M | $21.70M |
| YoY Change | -52.76% | |
| 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 | -$8.743M | -$19.65M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $176.5M | $177.0M |
| YoY Change | -0.28% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $5.451M | -$420.8K |
| YoY Change | -1395.27% | 80058.48% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | -$224.1K | -$260.0K |
| YoY Change | -13.8% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | $0.00 |
| YoY Change | ||
| Cash From Investing Activities | ||
| 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 | 0.000 | |
| YoY Change | ||
| NET CHANGE | ||
| Cash From Operating Activities | -224.1K | -260.0K |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 0.000 | |
| Net Change In Cash | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$224.1K | -$260.0K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001807765 | |
| pmvc |
Fair Value Initial Measurement
FairValueInitialMeasurement
|
14864500 | USD | |
| CY2022Q1 | pmvc |
Provision For Income Taxes
ProvisionForIncomeTaxes
|
USD | |
| CY2022Q1 | pmvc |
Proceeds From Maturity Of Securities In Trust Account
ProceedsFromMaturityOfSecuritiesInTrustAccount
|
USD | |
| CY2022Q1 | pmvc |
Investment Of Cash In Trust Account
InvestmentOfCashInTrustAccount
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
| CY2020Q1 | pmvc |
Fair Value Of Warrant Liabilities
FairValueOfWarrantLiabilities
|
USD |
