2021 Form 10-K Financial Statement
#000149315222010079 Filed on April 15, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | ||
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $1.496M | $1.646M |
| YoY Change | -9.11% | |
| % of Gross Profit | ||
| Research & Development | $747.8K | $431.6K |
| YoY Change | 73.28% | |
| % of Gross Profit | ||
| Depreciation & Amortization | $0.00 | |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $2.177M | $2.078M |
| YoY Change | 4.75% | |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | $2.619K | |
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$2.179M | -$2.078M |
| YoY Change | 4.87% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$2.179M | -$2.078M |
| YoY Change | 4.88% | |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.05 | |
| Diluted Earnings Per Share | -$0.15 | -$0.15 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 41.25M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.950K | $2.220K |
| YoY Change | 122.97% | |
| Cash & Equivalents | ||
| Short-Term Investments | ||
| Other Short-Term Assets | $0.00 | $43.79K |
| YoY Change | -100.0% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $4.950K | $61.08K |
| YoY Change | -91.9% | |
| 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 | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | $4.950K | $61.08K |
| Total Long-Term Assets | $0.00 | $0.00 |
| Total Assets | $4.950K | $61.08K |
| YoY Change | -91.9% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $251.3K | $141.4K |
| YoY Change | 77.67% | |
| Accrued Expenses | $2.620K | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $73.00K | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $469.6K | $141.4K |
| YoY Change | 232.05% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | ||
| YoY Change | ||
| Total Long-Term Liabilities | $0.00 | $0.00 |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $469.6K | $141.4K |
| Total Long-Term Liabilities | $0.00 | $0.00 |
| Total Liabilities | $469.6K | $141.4K |
| YoY Change | 232.05% | |
| 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 | -$464.7K | -$80.36K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $4.950K | $61.08K |
| YoY Change | -91.9% |
Cashflow Statement
| Concept | 2021 | 2020 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$2.179M | -$2.078M |
| YoY Change | 4.88% | |
| Depreciation, Depletion And Amortization | $0.00 | |
| YoY Change | ||
| Cash From Operating Activities | -$1.167M | -$1.422M |
| YoY Change | -17.95% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | ||
| 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 | $1.170M | 1.370M |
| YoY Change | -14.63% | |
| NET CHANGE | ||
| Cash From Operating Activities | -$1.167M | -1.422M |
| Cash From Investing Activities | ||
| Cash From Financing Activities | $1.170M | 1.370M |
| Net Change In Cash | $2.728K | -52.16K |
| YoY Change | -105.23% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$1.167M | -$1.422M |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | RGTS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePriceExercised
|
||
| CY2021Q4 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
USD | |
| CY2020Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
USD | |
| CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q4 | us-gaap |
Preferred Stock Shares Subscribed But Unissued Subscriptions Receivable
PreferredStockSharesSubscribedButUnissuedSubscriptionsReceivable
|
USD | |
| CY2020 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
USD | |
| CY2021 | RGTS |
Stock Issued During Period Value For Exchange Of Shares
StockIssuedDuringPeriodValueForExchangeOfShares
|
USD | |
| CY2021 | RGTS |
Stock Issued During Period Value For Recission Of Preferred Stock
StockIssuedDuringPeriodValueForRecissionOfPreferredStock
|
USD | |
| CY2020 | RGTS |
Increase In Accrued Interest Payable
IncreaseInAccruedInterestPayable
|
USD | |
| CY2020 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
USD | |
| CY2020 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | |
| CY2021 | RGTS |
Change In Stockholders Refund Payable
ChangeInStockholdersRefundPayable
|
USD | |
| CY2020 | RGTS |
Llc For Prefunded Warrants
LLCForPrefundedWarrants
|
USD | |
| CY2020 | RGTS |
Llc For Prefunded Warrants
LLCForPrefundedWarrants
|
USD | |
| CY2019Q4 | RGTS |
Due To Related Parties
DueToRelatedParties
|
USD | |
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
shares | |
| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
||
| CY2020 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
| CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
| CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
||
| CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
shares | |
| CY2020 | RGTS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePriceGranted
|
||
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
shares | |
| CY2020 | RGTS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price Cancelled
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePriceCancelled
|
||
| CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | |
| CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
shares | |
| CY2021 | RGTS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price Cancelled
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePriceCancelled
|
