2022 Q1 Form 10-Q Financial Statement
#000149315222003695 Filed on February 10, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $1.945M |
| YoY Change | -12.68% |
| Cost Of Revenue | $283.0K |
| YoY Change | 8.86% |
| Gross Profit | $1.662M |
| YoY Change | -15.53% |
| Gross Profit Margin | 85.45% |
| Selling, General & Admin | $1.977M |
| YoY Change | 41.22% |
| % of Gross Profit | 118.96% |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $193.1K |
| YoY Change | 15.48% |
| % of Gross Profit | 11.62% |
| Operating Expenses | $2.170M |
| YoY Change | 38.47% |
| Operating Profit | -$508.1K |
| YoY Change | -226.99% |
| Interest Expense | -$68.90K |
| YoY Change | -20.59% |
| % of Operating Profit | |
| Other Income/Expense, Net | $26.91K |
| YoY Change | 171.27% |
| Pretax Income | -$532.1K |
| YoY Change | -267.0% |
| Income Tax | -$110.2K |
| % Of Pretax Income | |
| Net Earnings | -$421.9K |
| YoY Change | -285.11% |
| Net Earnings / Revenue | -21.7% |
| Basic Earnings Per Share | -$0.01 |
| Diluted Earnings Per Share | -$5.617K |
| COMMON SHARES | |
| Basic Shares Outstanding | 75.12K shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $5.875M |
| YoY Change | 4.62% |
| Cash & Equivalents | $5.875M |
| Short-Term Investments | |
| Other Short-Term Assets | $324.2K |
| YoY Change | 65.76% |
| Inventory | $460.7K |
| Prepaid Expenses | |
| Receivables | $6.810K |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $6.667M |
| YoY Change | 9.1% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $14.21M |
| YoY Change | 3.65% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | $15.97K |
| YoY Change | 31.55% |
| Total Long-Term Assets | $14.24M |
| YoY Change | 3.76% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $6.667M |
| Total Long-Term Assets | $14.24M |
| Total Assets | $20.91M |
| YoY Change | 5.4% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $304.9K |
| YoY Change | 109.61% |
| Accrued Expenses | $404.3K |
| YoY Change | 23.62% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $863.5K |
| YoY Change | -32.25% |
| Total Short-Term Liabilities | $1.830M |
| YoY Change | -16.22% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $4.930M |
| YoY Change | -13.47% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $4.930M |
| YoY Change | -13.47% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $1.830M |
| Total Long-Term Liabilities | $4.930M |
| Total Liabilities | $6.760M |
| YoY Change | -14.24% |
| 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 | $14.15M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $20.91M |
| YoY Change | 5.4% |
Cashflow Statement
| Concept | 2022 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$421.9K |
| YoY Change | -285.11% |
| Depreciation, Depletion And Amortization | $193.1K |
| YoY Change | 15.48% |
| Cash From Operating Activities | -$172.2K |
| YoY Change | -143.77% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $290.7K |
| YoY Change | -218.46% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$272.7K |
| YoY Change | -1867.14% |
| Cash From Investing Activities | -$272.7K |
| YoY Change | 18.59% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -334.3K |
| YoY Change | 524.68% |
| NET CHANGE | |
| Cash From Operating Activities | -172.2K |
| Cash From Investing Activities | -272.7K |
| Cash From Financing Activities | -334.3K |
| Net Change In Cash | -779.2K |
| YoY Change | -808.92% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$172.2K |
| Capital Expenditures | $290.7K |
| Free Cash Flow | -$462.8K |
| YoY Change | -172.46% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
USD | |
| CY2021Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
USD | |
| us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
USD | ||
| us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
USD | ||
| CY2022Q1 | PRKA |
Interest Expense Loan Discount Amortization
InterestExpenseLoanDiscountAmortization
|
USD | |
| us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
USD | ||
| us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
USD | ||
| PRKA |
Repayments Of Term Loan One
RepaymentsOfTermLoanOne
|
USD | ||
| PRKA |
Principal Payments On Finance Lease Obligation
PrincipalPaymentsOnFinanceLeaseObligation
|
USD | ||
| CY2022Q1 | PRKA |
Repayments Of Term Loan Two
RepaymentsOfTermLoanTwo
|
USD | |
| CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | |
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| PRKA |
Right Of Use Asset Obtained In Exchange For Lease Liability
RightOfUseAssetObtainedInExchangeForLeaseLiability
|
USD | ||
| CY2022Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-532140 | USD |
| CY2022Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-110200 | USD |
