2021 Q3 Form 10-Q Financial Statement
#000149315221028266 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $148.4K | $601.0K |
| YoY Change | -75.31% | |
| Cost Of Revenue | $176.8K | $274.5K |
| YoY Change | -35.59% | |
| Gross Profit | -$28.42K | $326.5K |
| YoY Change | -108.7% | |
| Gross Profit Margin | -19.15% | 54.33% |
| Selling, General & Admin | $2.164M | $928.0K |
| YoY Change | 133.23% | |
| % of Gross Profit | 284.21% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $14.72K | $4.130K |
| YoY Change | 256.42% | |
| % of Gross Profit | 1.26% | |
| Operating Expenses | $2.164M | $926.0K |
| YoY Change | 133.72% | |
| Operating Profit | -$2.193M | -$599.5K |
| YoY Change | 265.75% | |
| Interest Expense | -$294.5K | -$144.3K |
| YoY Change | 104.09% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $754.5K | |
| YoY Change | ||
| Pretax Income | -$602.1K | -$743.8K |
| YoY Change | -19.06% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$602.1K | -$743.8K |
| YoY Change | -19.06% | |
| Net Earnings / Revenue | -405.71% | -123.76% |
| Basic Earnings Per Share | -$0.14 | |
| Diluted Earnings Per Share | -$107.4K | -$212.1K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 5.608M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $3.866M | $2.091M |
| YoY Change | 84.93% | |
| Cash & Equivalents | $3.866M | $2.091M |
| Short-Term Investments | ||
| Other Short-Term Assets | $200.8K | $101.2K |
| YoY Change | 98.39% | |
| Inventory | $133.0K | $220.6K |
| Prepaid Expenses | ||
| Receivables | $1.640K | $5.600K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $4.202M | $2.418M |
| YoY Change | 73.76% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.284M | $340.6K |
| YoY Change | 277.07% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | $0.00 | |
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $18.20K | $18.44K |
| YoY Change | -1.3% | |
| Total Long-Term Assets | $1.303M | $505.4K |
| YoY Change | 157.7% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.202M | $2.418M |
| Total Long-Term Assets | $1.303M | $505.4K |
| Total Assets | $5.504M | $2.924M |
| YoY Change | 88.27% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $3.070M | $3.158M |
| YoY Change | -2.8% | |
| Accrued Expenses | $32.34K | $97.72K |
| YoY Change | -66.91% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $2.500M | $2.500M |
| YoY Change | 0.0% | |
| Long-Term Debt Due | $0.00 | |
| YoY Change | ||
| Total Short-Term Liabilities | $5.618M | $6.725M |
| YoY Change | -16.47% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.795M | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $113.9K | $180.1K |
| YoY Change | -36.72% | |
| Total Long-Term Liabilities | $2.909M | $180.1K |
| YoY Change | 1515.81% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.618M | $6.725M |
| Total Long-Term Liabilities | $2.909M | $180.1K |
| Total Liabilities | $8.514M | $6.893M |
| YoY Change | 23.52% | |
| 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 | -$3.010M | -$3.969M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $5.504M | $2.924M |
| YoY Change | 88.27% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$602.1K | -$743.8K |
| YoY Change | -19.06% | |
| Depreciation, Depletion And Amortization | $14.72K | $4.130K |
| YoY Change | 256.42% | |
| Cash From Operating Activities | -$2.145M | -$471.9K |
| YoY Change | 354.49% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$1.106M | -$5.270K |
| YoY Change | 20895.07% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$1.106M | -$5.270K |
| YoY Change | 20894.88% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 5.564M | 0.000 |
| YoY Change | ||
| NET CHANGE | ||
| Cash From Operating Activities | -2.145M | -471.9K |
| Cash From Investing Activities | -1.106M | -5.270K |
| Cash From Financing Activities | 5.564M | 0.000 |
| Net Change In Cash | 2.313M | -477.1K |
| YoY Change | -584.79% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$2.145M | -$471.9K |
| Capital Expenditures | -$1.106M | -$5.270K |
| Free Cash Flow | -$1.038M | -$466.6K |
| YoY Change | 122.49% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
|
USD | ||
| us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
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| us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
USD | ||
| CRKR |
Proceeds From Issuance Of Series B Preferred Shares And Warrants Net
ProceedsFromIssuanceOfSeriesBPreferredSharesAndWarrantsNet
|
USD | ||
| us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
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| us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
| us-gaap |
Proceeds From Sale Of Interest In Partnership Unit
ProceedsFromSaleOfInterestInPartnershipUnit
|
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| us-gaap |
Interest Paid Net
InterestPaidNet
|
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| us-gaap |
Interest Paid Net
InterestPaidNet
|
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| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
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| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| CRKR |
Rightofuse Assets Obtained In Exchange For Lease Obligations
RightofuseAssetsObtainedInExchangeForLeaseObligations
|
USD | ||
| CY2021Q3 | CRKR |
Vehicle
Vehicle
|
USD | |
| us-gaap |
Sublease Income
SubleaseIncome
|
USD | ||
| us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
USD | ||
| us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
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| CY2021Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
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| us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | ||
| us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
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| CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
790625 | USD |
| CRKR |
Gain On Writeoff Of Contv Joint Venture
GainOnWriteoffOfContvJointVenture
|
USD | ||
| CY2021Q3 | CRKR |
Prepaid Convention Expenses
PrepaidConventionExpenses
|
USD | |
| CY2021Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
USD | |
| CY2020Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
USD | |
| CY2020Q3 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
USD | |
| us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
USD | ||
| CY2020Q3 | us-gaap |
Shares Outstanding
SharesOutstanding
|
shares | |
| us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
USD |
