2021 Form 10-K Financial Statement
#000149315222012401 Filed on May 06, 2022
Income Statement
Concept | 2021 | 2020 Q4 | 2020 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $970.0K | $661.6K | |
YoY Change | 46.62% | ||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $6.393K | $6.860K | |
YoY Change | -6.81% | ||
% of Gross Profit | |||
Operating Expenses | $976.4K | $668.4K | |
YoY Change | 46.07% | ||
Operating Profit | -$976.4K | ||
YoY Change | |||
Interest Expense | -$441.9K | ||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$128.4K | -$63.49K | |
YoY Change | 102.29% | ||
Pretax Income | -$1.105M | -$1.149M | |
YoY Change | -3.83% | ||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$1.105M | -$1.149M | |
YoY Change | -3.83% | ||
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.01 | ||
Diluted Earnings Per Share | -$0.01 | -$0.01 | |
COMMON SHARES | |||
Basic Shares Outstanding | 89.14M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 | 2020 Q4 | 2020 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | |||
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | |||
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | |||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | |||
Total Long-Term Assets | |||
Total Assets | |||
YoY Change | |||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | |||
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | |||
Total Long-Term Liabilities | |||
Total Liabilities | |||
YoY Change | |||
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 | $6.730M | ||
YoY Change | |||
Total Liabilities & Shareholders Equity | |||
YoY Change |
Cashflow Statement
Concept | 2021 | 2020 Q4 | 2020 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.105M | -$1.149M | |
YoY Change | -3.83% | ||
Depreciation, Depletion And Amortization | $6.393K | $6.860K | |
YoY Change | -6.81% | ||
Cash From Operating Activities | -$53.13K | -$543.6K | |
YoY Change | -90.23% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
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 | $53.13K | 543.6K | |
YoY Change | -90.23% | ||
NET CHANGE | |||
Cash From Operating Activities | -$53.13K | -543.6K | |
Cash From Investing Activities | |||
Cash From Financing Activities | $53.13K | 543.6K | |
Net Change In Cash | |||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$53.13K | -$543.6K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
USD | |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
USD | |
CY2020Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
USD | |
CY2020Q4 | PNPL |
Accounts Payable And Accrued Liabilities Related Party Current
AccountsPayableAndAccruedLiabilitiesRelatedPartyCurrent
|
USD | |
CY2021Q4 | PNPL |
Accrued Interest Payable Related Party
AccruedInterestPayableRelatedParty
|
USD | |
CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2020Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
USD | |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
USD | |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
USD | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2021 | PNPL |
Cancellation Of Common Stock Value Pursuant To Arbitration Agreement
CancellationOfCommonStockValuePursuantToArbitrationAgreement
|
USD | |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
CY2021 | PNPL |
Noncash Settlement Penalties
NoncashSettlementPenalties
|
USD | |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
USD | |
CY2021 | PNPL |
Repayment Of Lease Obligations
RepaymentOfLeaseObligations
|
USD | |
CY2021 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
USD | |
CY2020 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
USD | |
CY2020 | PNPL |
Increase Decrease In Contingent Liabilities
IncreaseDecreaseInContingentLiabilities
|
USD | |
CY2021 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
USD | |
CY2020 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
USD | |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
USD | |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
USD | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
USD | |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
CY2020 | PNPL |
Deposit On Stock Purchase Agreement
DepositOnStockPurchaseAgreement
|
USD | |
CY2020 | us-gaap |
Stock Issued1
StockIssued1
|
USD | |
CY2020 | PNPL |
Related Party Debt Issued For Relief Of Accounts Payable
RelatedPartyDebtIssuedForReliefOfAccountsPayable
|
USD | |
CY2020 | PNPL |
Common Stock Issued As Settlement Of Related Party Debt
CommonStockIssuedAsSettlementOfRelatedPartyDebt
|
USD | |
CY2021 | PNPL |
Gain On Settlement Of Related Party Note Payables
GainOnSettlementOfRelatedPartyNotePayables
|
USD | |
CY2021 | PNPL |
Settlement Of Debt For Intangible Property
SettlementOfDebtForIntangibleProperty
|
USD | |
CY2021 | PNPL |
Equity Method Investment Exchanged For Forgiveness Of Related Party Note Payable And Accrued Interest
EquityMethodInvestmentExchangedForForgivenessOfRelatedPartyNotePayableAndAccruedInterest
|
USD | |
CY2021 | PNPL |
Common Stock Issued For Prior Year Settlements
CommonStockIssuedForPriorYearSettlements
|
USD | |
CY2021 | us-gaap |
Transfer Of Investments
TransferOfInvestments
|
USD | |
CY2021 | PNPL |
Common Stock Issued For Debt Extinguishment
CommonStockIssuedForDebtExtinguishment
|
USD | |
CY2021 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2020-06-30 | |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
USD | |
CY2021 | PNPL |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate Related Party Interest
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRateRelatedPartyInterest
|
pure | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
USD |