2021 Q3 Form 10-Q Financial Statement
#000149315221028560 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $1.010M | $1.951M |
| YoY Change | -48.21% | -49.8% |
| Cost Of Revenue | $1.208M | $2.806M |
| YoY Change | -56.96% | -13.07% |
| Gross Profit | -$197.5K | -$855.1K |
| YoY Change | -76.9% | -229.91% |
| Gross Profit Margin | -19.55% | -43.84% |
| Selling, General & Admin | $2.019M | $3.275M |
| YoY Change | -38.34% | 3.51% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $135.1K | $53.58K |
| YoY Change | 152.09% | -73.21% |
| % of Gross Profit | ||
| Operating Expenses | $2.154M | $3.328M |
| YoY Change | -35.27% | -1.06% |
| Operating Profit | -$2.352M | -$4.183M |
| YoY Change | -43.78% | 54.63% |
| Interest Expense | -$700.8K | -$2.378M |
| YoY Change | -70.53% | -34.63% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$346.2K | $169.1K |
| YoY Change | -304.73% | -102.92% |
| Pretax Income | $785.6K | -$6.026M |
| YoY Change | -113.04% | -50.31% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $1.331M | -$6.192M |
| YoY Change | -121.49% | -49.52% |
| Net Earnings / Revenue | 131.75% | -317.43% |
| Basic Earnings Per Share | -$5.882K | |
| Diluted Earnings Per Share | $30.32M | -$4.838B |
| COMMON SHARES | ||
| Basic Shares Outstanding | 43.90K shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $331.5K | $220.3K |
| YoY Change | 50.44% | 105.02% |
| Cash & Equivalents | $331.5K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $151.9K | $411.5K |
| YoY Change | -63.08% | -6.43% |
| Inventory | $280.8K | $690.4K |
| Prepaid Expenses | ||
| Receivables | $998.8K | $2.432M |
| Other Receivables | $1.297M | $1.165M |
| Total Short-Term Assets | $3.060M | $4.919M |
| YoY Change | -37.79% | -29.48% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $7.938M | $9.146M |
| YoY Change | -13.21% | 3.97% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $9.016M | |
| YoY Change | ||
| Other Assets | $226.1K | $517.7K |
| YoY Change | -56.33% | 76.99% |
| Total Long-Term Assets | $17.44M | $10.17M |
| YoY Change | 71.43% | 5.99% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $3.060M | $4.919M |
| Total Long-Term Assets | $17.44M | $10.17M |
| Total Assets | $20.50M | $15.09M |
| YoY Change | 35.83% | -8.94% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $13.96M | $11.64M |
| YoY Change | 19.92% | -10.98% |
| Accrued Expenses | $17.68M | $16.63M |
| YoY Change | 6.32% | 55.63% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $79.52K | $95.52K |
| YoY Change | -16.75% | -21.67% |
| Long-Term Debt Due | $22.59M | $18.65M |
| YoY Change | 21.15% | -61.04% |
| Total Short-Term Liabilities | $57.37M | $52.51M |
| YoY Change | 9.26% | -31.14% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.221M | |
| YoY Change | 7605.27% | |
| Other Long-Term Liabilities | $640.4K | $904.0K |
| YoY Change | -29.16% | 383.96% |
| Total Long-Term Liabilities | $0.00 | $3.125M |
| YoY Change | -100.0% | 1349.21% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $57.37M | $52.51M |
| Total Long-Term Liabilities | $0.00 | $3.125M |
| Total Liabilities | $58.01M | $55.63M |
| YoY Change | 4.27% | -33.96% |
| 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 | -$37.51M | -$40.54M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $20.50M | $15.09M |
| YoY Change | 35.83% | -8.94% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $1.331M | -$6.192M |
| YoY Change | -121.49% | -49.52% |
| Depreciation, Depletion And Amortization | $135.1K | $53.58K |
| YoY Change | 152.09% | -73.21% |
| Cash From Operating Activities | -$1.957M | -$4.399M |
| YoY Change | -55.5% | -50.58% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $80.13K | -$360.5K |
| YoY Change | -122.23% | 4991.1% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$158.1K | |
| YoY Change | ||
| Cash From Investing Activities | $80.13K | -$360.5K |
| YoY Change | -122.23% | 4983.92% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 2.009M | 4.169M |
| YoY Change | -51.81% | -51.44% |
| NET CHANGE | ||
| Cash From Operating Activities | -1.957M | -4.399M |
| Cash From Investing Activities | 80.13K | -360.5K |
| Cash From Financing Activities | 2.009M | 4.169M |
| Net Change In Cash | 131.9K | -590.5K |
| YoY Change | -122.33% | 82.34% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.957M | -$4.399M |
| Capital Expenditures | $80.13K | -$360.5K |
| Free Cash Flow | -$2.038M | -$4.039M |
| YoY Change | -49.55% | -54.59% |
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Short Term Lease Cost
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219138 | USD |
