2022 Q1 Form 10-K Financial Statement

#000171049522000004 Filed on April 21, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $5.150K $7.750K
YoY Change -74.38%
Cost Of Revenue $0.00 $0.00
YoY Change -100.0%
Gross Profit $5.150K $7.750K
YoY Change -68.55%
Gross Profit Margin 100.0% 100.0%
Selling, General & Admin $10.55K $53.83K
YoY Change 21.93%
% of Gross Profit 204.85% 694.58%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.710K $13.14K
YoY Change -13.38%
% of Gross Profit 33.2% 169.55%
Operating Expenses $10.55K $53.83K
YoY Change 21.93%
Operating Profit -$5.400K -$46.08K
YoY Change 136.19%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$5.400K -$46.08K
YoY Change 136.19%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$5.400K -$46.08K
YoY Change 136.19%
Net Earnings / Revenue -104.85% -594.58%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share -$1.444K -$12.34K
COMMON SHARES
Basic Shares Outstanding 3.735M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.270K $5.270K
YoY Change 48.45%
Cash & Equivalents $5.270K $5.270K $3.546K
Short-Term Investments
Other Short-Term Assets $0.00 $0.00
YoY Change -100.0%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $5.270K $5.270K
YoY Change -15.54%
LONG-TERM ASSETS
Property, Plant & Equipment $12.94K $12.94K
YoY Change -50.38%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $12.94K $12.94K
YoY Change -50.38%
TOTAL ASSETS
Total Short-Term Assets $5.270K $5.270K
Total Long-Term Assets $12.94K $12.94K
Total Assets $18.21K $18.21K
YoY Change -43.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.600K $4.600K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $72.52K $72.52K
YoY Change 100.66%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $77.11K $77.11K
YoY Change 59.85%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $77.11K $77.11K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $77.11K $77.11K
YoY Change 59.85%
SHAREHOLDERS EQUITY
Retained Earnings $80.40K
YoY Change
Common Stock $3.735K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$58.91K -$58.91K -$15.91K
YoY Change
Total Liabilities & Shareholders Equity $18.21K $18.21K
YoY Change -43.66%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income -$5.400K -$46.08K
YoY Change 136.19%
Depreciation, Depletion And Amortization $1.710K $13.14K
YoY Change -13.38%
Cash From Operating Activities $910.00 -$25.65K
YoY Change -1906.34%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $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 500.0 27.37K
YoY Change -14.12%
NET CHANGE
Cash From Operating Activities 910.0 -25.65K
Cash From Investing Activities 0.000
Cash From Financing Activities 500.0 27.37K
Net Change In Cash 1.410K $0.00
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities $910.00 -$25.65K
Capital Expenditures $0.00 $0.00
Free Cash Flow $910.00 -$25.65K
YoY Change -180.99%

Facts In Submission

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CY2021Q1 us-gaap Accounts Payable Current
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CY2022 us-gaap Income Tax Expense Benefit
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CY2022 MNAO Actual Tax Expense
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CY2021 MNAO Actual Tax Expense
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