2021 Q3 Form 10-Q Financial Statement
#000121390021059416 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $3.405M | |
| YoY Change | 432.03% | |
| Cost Of Revenue | $0.00 | |
| YoY Change | -100.0% | |
| Gross Profit | -$5.825K | $3.405M |
| YoY Change | -100.17% | 3935.3% |
| Gross Profit Margin | 100.0% | |
| Selling, General & Admin | $363.4K | $301.9K |
| YoY Change | 20.39% | -0.24% |
| % of Gross Profit | 8.86% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $138.6K | $138.3K |
| YoY Change | 0.27% | -1.07% |
| % of Gross Profit | 4.06% | |
| Operating Expenses | $363.4K | $301.8K |
| YoY Change | 20.39% | -0.24% |
| Operating Profit | -$369.2K | $3.103M |
| YoY Change | -111.9% | -1522.15% |
| Interest Expense | -$485.1K | -$58.10K |
| YoY Change | 734.97% | -178.88% |
| % of Operating Profit | -1.87% | |
| Other Income/Expense, Net | $1.726M | $1.000K |
| YoY Change | 172497.0% | |
| Pretax Income | $871.6K | $49.62K |
| YoY Change | 1656.59% | -134.33% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $871.6K | $49.62K |
| YoY Change | 1656.59% | -134.25% |
| Net Earnings / Revenue | 1.46% | |
| Basic Earnings Per Share | $0.16 | |
| Diluted Earnings Per Share | $1.323K | $129.50 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 5.333M shares | |
| Diluted Shares Outstanding | 6.587M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $213.9K | $91.88K |
| YoY Change | 132.78% | -73.32% |
| Cash & Equivalents | $213.9K | $91.88K |
| Short-Term Investments | ||
| Other Short-Term Assets | $15.53K | $9.650K |
| YoY Change | 60.93% | -51.29% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $670.00 | $1.851M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $230.1K | $1.952M |
| YoY Change | -88.21% | 119.57% |
| 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 | $1.786M | $2.340M |
| YoY Change | -23.65% | -19.2% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $230.1K | $1.952M |
| Total Long-Term Assets | $1.786M | $2.340M |
| Total Assets | $2.016M | $4.292M |
| YoY Change | -53.02% | 13.4% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $112.3K | $2.715M |
| YoY Change | -95.86% | 72.39% |
| Accrued Expenses | $413.8K | $963.0K |
| YoY Change | -57.03% | 134.02% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $3.288M | $147.0K |
| YoY Change | 2136.73% | -9.82% |
| Long-Term Debt Due | $2.805M | $4.673M |
| YoY Change | -39.97% | 5.5% |
| Total Short-Term Liabilities | $10.48M | $9.473M |
| YoY Change | 10.65% | 24.92% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $150.0K | $173.0K |
| YoY Change | -13.28% | |
| Other Long-Term Liabilities | $190.0K | $1.180M |
| YoY Change | -83.9% | -38.71% |
| Total Long-Term Liabilities | $340.0K | $1.353M |
| YoY Change | -74.88% | -29.73% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $10.48M | $9.473M |
| Total Long-Term Liabilities | $340.0K | $1.353M |
| Total Liabilities | $10.82M | $10.83M |
| YoY Change | -0.04% | 13.85% |
| 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 | -$8.805M | -$6.534M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $2.016M | $4.292M |
| YoY Change | -53.02% | 13.4% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $871.6K | $49.62K |
| YoY Change | 1656.59% | -134.25% |
| Depreciation, Depletion And Amortization | $138.6K | $138.3K |
| YoY Change | 0.27% | -1.07% |
| Cash From Operating Activities | -$146.9K | -$770.5K |
| YoY Change | -80.94% | -9143.31% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | $0.00 |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | $0.00 | $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 | 200.0K | 0.000 |
| YoY Change | -100.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | -146.9K | -770.5K |
| Cash From Investing Activities | 0.000 | 0.000 |
| Cash From Financing Activities | 200.0K | 0.000 |
| Net Change In Cash | 53.15K | -770.5K |
| YoY Change | -106.9% | 968.79% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$146.9K | -$770.5K |
| Capital Expenditures | $0.00 | $0.00 |
| Free Cash Flow | -$146.9K | -$770.5K |
| YoY Change | -80.94% | -9143.31% |
Facts In Submission
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