2021 Form 10-K Financial Statement
#000121390022016785 Filed on March 31, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $16.16M | $3.189M |
| YoY Change | 406.62% | 38.41% |
| % of Gross Profit | ||
| Research & Development | $22.06M | $9.796M |
| YoY Change | 125.18% | 30.98% |
| % of Gross Profit | ||
| Depreciation & Amortization | $316.0K | $157.0K |
| YoY Change | 101.27% | 50.96% |
| % of Gross Profit | ||
| Operating Expenses | $38.22M | $12.99M |
| YoY Change | 194.3% | 32.73% |
| Operating Profit | -$38.22M | |
| YoY Change | ||
| Interest Expense | -$69.00K | $110.0K |
| YoY Change | -162.73% | -76.55% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $3.085M | |
| YoY Change | ||
| Pretax Income | -$35.21M | -$12.88M |
| YoY Change | 173.45% | 38.23% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$35.21M | -$12.88M |
| YoY Change | 173.45% | 38.23% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.36 | |
| Diluted Earnings Per Share | -$294.0K | -$108.5K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 96.69M shares | |
| Diluted Shares Outstanding | 96.69M shares |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $173.5M | $16.87M |
| YoY Change | 928.68% | 8.96% |
| Cash & Equivalents | $173.5M | $16.87M |
| Short-Term Investments | ||
| Other Short-Term Assets | $4.867M | $258.0K |
| YoY Change | 1786.43% | 1.18% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $178.4M | $17.13M |
| YoY Change | 941.6% | 8.83% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.250M | $445.0K |
| YoY Change | 405.62% | -7.68% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.055M | $218.0K |
| YoY Change | 383.94% | 47.3% |
| Total Long-Term Assets | $3.305M | $663.0K |
| YoY Change | 398.49% | 5.24% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $178.4M | $17.13M |
| Total Long-Term Assets | $3.305M | $663.0K |
| Total Assets | $181.7M | $17.79M |
| YoY Change | 921.36% | 8.7% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.500M | $373.0K |
| YoY Change | 302.14% | 83.74% |
| Accrued Expenses | $4.098M | $394.0K |
| YoY Change | 940.1% | 25.48% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $647.0K | $47.00K |
| YoY Change | 1276.6% | 0.0% |
| Total Short-Term Liabilities | $6.245M | $814.0K |
| YoY Change | 667.2% | 30.87% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $691.0K | $63.00K |
| YoY Change | 996.83% | -43.24% |
| Other Long-Term Liabilities | $91.65M | $58.00K |
| YoY Change | 157920.69% | |
| Total Long-Term Liabilities | $92.34M | $121.0K |
| YoY Change | 76216.53% | 9.01% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.245M | $814.0K |
| Total Long-Term Liabilities | $92.34M | $121.0K |
| Total Liabilities | $98.59M | $935.0K |
| YoY Change | 10444.17% | 27.56% |
| 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 | $83.09M | $16.85M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $181.7M | $17.79M |
| YoY Change | 921.36% | 8.7% |
Cashflow Statement
| Concept | 2021 | 2020 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$35.21M | -$12.88M |
| YoY Change | 173.45% | 38.23% |
| Depreciation, Depletion And Amortization | $316.0K | $157.0K |
| YoY Change | 101.27% | 50.96% |
| Cash From Operating Activities | -$33.30M | -$12.04M |
| YoY Change | 176.61% | 38.19% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$1.289M | -$120.0K |
| YoY Change | 974.17% | -51.22% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $13.32M | |
| YoY Change | -932.75% | |
| Cash From Investing Activities | -$1.289M | $13.20M |
| YoY Change | -109.76% | -815.28% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 192.2M | 13.52M |
| YoY Change | 1321.86% | 35.18% |
| NET CHANGE | ||
| Cash From Operating Activities | -33.30M | -12.04M |
| Cash From Investing Activities | -1.289M | 13.20M |
| Cash From Financing Activities | 192.2M | 13.52M |
| Net Change In Cash | 157.6M | 14.68M |
| YoY Change | 973.34% | -2726.3% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$33.30M | -$12.04M |
| Capital Expenditures | -$1.289M | -$120.0K |
| Free Cash Flow | -$32.01M | -$11.92M |
| YoY Change | 168.58% | 40.79% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
| CY2020 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
USD | |
| CY2021Q2 | dei |
Entity Public Float
EntityPublicFloat
|
337600000 | USD |
| CY2021Q4 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
USD | |
| CY2020Q4 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
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|
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| CY2020Q4 | us-gaap |
Preferred Stock Value
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|
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| CY2020Q4 | us-gaap |
Preferred Stock Shares Issued
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Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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|
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|
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| CY2021 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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|
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| CY2020 | us-gaap |
Gain Loss On Disposition Of Assets1
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|
USD | |
| CY2020 | us-gaap |
Amortization Of Financing Costs
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|
USD | |
| CY2020 | rbot |
Change In Fair Values Of Warrant Liabilities
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|
USD | |
| CY2020 | rbot |
Increase Decrease In Deferred Rent
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|
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| CY2021 | us-gaap |
Increase Decrease In Other Noncurrent Assets
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|
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Payments For Proceeds From Short Term Investments
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|
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Proceeds From Debt Net Of Issuance Costs
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|
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| CY2020 | us-gaap |
Proceeds From Bank Debt
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|
USD | |
| CY2020 | us-gaap |
Repayments Of Bank Debt
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|
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| CY2020 | rbot |
Proceeds From Reverse Recapitalization Net Of Issuance Costs
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|
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| CY2020 | us-gaap |
Proceeds From Issuance Of Warrants
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|
USD | |
| CY2020 | rbot |
Leasehold Improvements Acquired In Connection With Waltham Lease
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|
USD | |
| CY2020 | rbot |
Warrants Assumed In Acquisition
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|
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| CY2021 | rbot |
Reverse Recapitalization Costs In Accounts Payable And Accrued Expenses
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|
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| us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Period Increase Decrease
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|
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| CY2020 | rbot |
Change In Fair Value Of Warrants
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|
pure | |
| CY2020 | rbot |
Transaction Costs
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|
pure | |
| CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent
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|
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Deferred Tax Assets Liabilities Net
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|
USD | |
| CY2021 | rbot |
Share Based Compensation Arrangement By Shares Based Payment Award Fair Value Assumptions Expected Dividend Rate
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|
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Share Based Compensation Arrangement By Shares Based Payment Award Fair Value Assumptions Expected Dividend Rate
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|
pure | |
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Stock Issued During Period Shares Stock Options Repurchased Cancelled Forfeited Or Expired Remaining Contractual Life
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