2022 Q4 Form 10-K Financial Statement

#000160706222000694 Filed on November 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2022
Revenue $31.64K $59.37K $125.5K
YoY Change -46.44% -0.57% -26.68%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $427.4K $92.88K $299.7K
YoY Change 758.45% -43.96% -10.6%
% of Gross Profit
Research & Development $95.51K $64.27K $158.1K
YoY Change -17.44% 208.84% 330.89%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $95.51K $157.1K $158.1K
YoY Change -42.28% -15.76% -57.49%
Operating Profit -$463.9K -$339.6K
YoY Change 335.88% 69.15%
Interest Expense $17.36K $65.25K $138.7K
YoY Change -99.38% -113.53% -102.4%
% of Operating Profit
Other Income/Expense, Net $0.00 -$45.50K -$282.8K
YoY Change -100.0%
Pretax Income $1.636M -$78.03K $2.444M
YoY Change -38.16% -94.36% -136.12%
Income Tax
% Of Pretax Income
Net Earnings $1.636M -$78.03K $2.444M
YoY Change -38.16% -94.36% -136.12%
Net Earnings / Revenue 5169.82% -131.42% 1946.77%
Basic Earnings Per Share $0.45 $0.71
Diluted Earnings Per Share $0.43 -$17.60 $519.50
COMMON SHARES
Basic Shares Outstanding 5.032B shares 4.970B shares 4.704B shares
Diluted Shares Outstanding 3.361M shares 3.136M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $40.74K $51.20K $51.20K
YoY Change -88.47% -92.96% -92.96%
Cash & Equivalents $40.74K $51.20K
Short-Term Investments
Other Short-Term Assets $19.09K $30.95K $30.95K
YoY Change -53.77% -35.71% -35.71%
Inventory
Prepaid Expenses $14.09K $20.95K
Receivables $131.7K $254.3K $254.3K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $191.5K $336.4K $336.4K
YoY Change -70.13% -66.16% -66.16%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $222.6K $222.6K $222.6K
YoY Change 136.59% 2.11% 2.11%
Other Assets
YoY Change
Total Long-Term Assets $222.6K $222.6K $222.6K
YoY Change 136.59% 2.11% 2.11%
TOTAL ASSETS
Total Short-Term Assets $191.5K $336.4K $336.4K
Total Long-Term Assets $222.6K $222.6K $222.6K
Total Assets $414.1K $559.0K $559.0K
YoY Change -43.68% -53.88% -53.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.04K $28.80K $28.80K
YoY Change -3.87% -68.52% -68.52%
Accrued Expenses $1.614M $2.002M $2.002M
YoY Change -18.26% -11.69% -11.69%
Deferred Revenue
YoY Change
Short-Term Debt $1.710K $1.710K $1.710K
YoY Change -99.88% -99.88% -99.88%
Long-Term Debt Due $509.9K $1.272M $1.272M
YoY Change -59.92% -40.9% -40.9%
Total Short-Term Liabilities $5.299M $8.595M $8.595M
YoY Change -49.49% -41.52% -41.52%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $5.299M $8.595M $8.595M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $5.299M $8.595M $8.595M
YoY Change -49.49% -41.52% -41.52%
SHAREHOLDERS EQUITY
Retained Earnings -$19.27M -$20.91M
YoY Change -10.47%
Common Stock $504.8K $503.2K
YoY Change 15.65%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.885M -$8.036M -$8.036M
YoY Change
Total Liabilities & Shareholders Equity $414.1K $559.0K $559.0K
YoY Change -43.68% -53.88% -53.88%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2022
OPERATING ACTIVITIES
Net Income $1.636M -$78.03K $2.444M
YoY Change -38.16% -94.36% -136.12%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$10.46K -$85.29K $606.9K
YoY Change -96.25% -92.01% -153.67%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $25.00K $25.00K
YoY Change -87.18% -94.95%
Cash From Investing Activities $0.00 $25.00K $25.00K
YoY Change -87.18% -94.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 500.0 -$94.04K
YoY Change -100.0% -99.96% -106.9%
NET CHANGE
Cash From Operating Activities -$10.46K -85.29K $606.9K
Cash From Investing Activities $0.00 25.00K $25.00K
Cash From Financing Activities $0.00 500.0 -$94.04K
Net Change In Cash -$10.46K -59.79K -$676.0K
YoY Change -97.2% -111.09% -192.96%
FREE CASH FLOW
Cash From Operating Activities -$10.46K -$85.29K $606.9K
Capital Expenditures
Free Cash Flow
YoY Change

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24364 usd
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