2021 Q3 Form 10-Q Financial Statement
#000173112221001942 Filed on November 15, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $2.827M | $1.010M |
| YoY Change | 180.04% | 230.81% |
| Cost Of Revenue | $2.008M | $571.0K |
| YoY Change | 251.6% | 298.31% |
| Gross Profit | $819.9K | $438.6K |
| YoY Change | 86.91% | 171.02% |
| Gross Profit Margin | 29.0% | 43.45% |
| Selling, General & Admin | $12.89M | $2.733M |
| YoY Change | 371.64% | 1286.89% |
| % of Gross Profit | 1572.49% | 623.16% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $39.80K | $13.29K |
| YoY Change | 199.47% | -69.24% |
| % of Gross Profit | 4.85% | 3.03% |
| Operating Expenses | $12.89M | $2.733M |
| YoY Change | 371.64% | 1173.91% |
| Operating Profit | -$12.07M | -$2.295M |
| YoY Change | 426.07% | 4252.79% |
| Interest Expense | -$99.60K | -$6.760K |
| YoY Change | 1373.37% | 234.65% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $3.630K | $16.35K |
| YoY Change | -77.8% | |
| Pretax Income | -$12.17M | -$2.284M |
| YoY Change | 432.91% | 4130.6% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$12.19M | -$2.284M |
| YoY Change | 433.87% | 4130.6% |
| Net Earnings / Revenue | -431.21% | -226.19% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$399.5K | -$117.3K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 30.52M shares | |
| Diluted Shares Outstanding | 30.52M shares |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $8.144M | $725.8K |
| YoY Change | 1022.08% | |
| Cash & Equivalents | $8.144M | |
| Short-Term Investments | ||
| Other Short-Term Assets | $805.6K | $1.220M |
| YoY Change | -33.94% | |
| Inventory | $1.491M | $627.4K |
| Prepaid Expenses | ||
| Receivables | $811.7K | $547.5K |
| Other Receivables | $102.8K | $18.89K |
| Total Short-Term Assets | $11.36M | $3.139M |
| YoY Change | 261.73% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $1.673M | $159.8K |
| YoY Change | 946.5% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $250.0K | $250.0K |
| YoY Change | 0.0% | |
| Other Assets | $324.3K | $39.09K |
| YoY Change | 729.52% | |
| Total Long-Term Assets | $8.116M | $9.898M |
| YoY Change | -18.0% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $11.36M | $3.139M |
| Total Long-Term Assets | $8.116M | $9.898M |
| Total Assets | $19.47M | $13.04M |
| YoY Change | 49.36% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $904.0K | $1.081M |
| YoY Change | -16.37% | |
| Accrued Expenses | $666.3K | $492.3K |
| YoY Change | 35.36% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $934.5K | $1.907M |
| YoY Change | -51.01% | |
| Long-Term Debt Due | $2.631M | |
| YoY Change | ||
| Total Short-Term Liabilities | $5.592M | $3.950M |
| YoY Change | 41.56% | 126516.67% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $1.149M | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $2.779M | $32.94K |
| YoY Change | 8335.03% | |
| Total Long-Term Liabilities | $3.927M | $32.94K |
| YoY Change | 11822.43% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $5.592M | $3.950M |
| Total Long-Term Liabilities | $3.927M | $32.94K |
| Total Liabilities | $9.520M | $3.983M |
| YoY Change | 138.98% | |
| 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 | $9.952M | $9.054M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $19.47M | $13.04M |
| YoY Change | 49.36% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$12.19M | -$2.284M |
| YoY Change | 433.87% | 4130.6% |
| Depreciation, Depletion And Amortization | $39.80K | $13.29K |
| YoY Change | 199.47% | -69.24% |
| Cash From Operating Activities | -$3.920M | -$2.528M |
| YoY Change | 55.06% | 1201.63% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | $0.00 | -$4.250K |
| YoY Change | -100.0% | -87.29% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $0.00 | -$1.100K |
| YoY Change | -100.0% | -143.31% |
| Cash From Investing Activities | $0.00 | -$5.350K |
| YoY Change | -100.0% | -82.68% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 120.5K | 3.141M |
| YoY Change | -96.16% | 961.94% |
| NET CHANGE | ||
| Cash From Operating Activities | -3.920M | -2.528M |
| Cash From Investing Activities | 0.000 | -5.350K |
| Cash From Financing Activities | 120.5K | 3.141M |
| Net Change In Cash | -3.800M | 607.1K |
| YoY Change | -725.9% | 759.61% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$3.920M | -$2.528M |
| Capital Expenditures | $0.00 | -$4.250K |
| Free Cash Flow | -$3.920M | -$2.524M |
| YoY Change | 55.32% | 1469.6% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q3 | sbev |
Salary And Wages Non Cash Sharebased Compensation
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|
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| CY2020Q3 | sbev |
Other General And Administrative Non Cash Sharebased Compensation
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|
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Other General And Administrative Non Cash Sharebased Compensation
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|
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| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
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| CY2020Q3 | us-gaap |
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Payments To Acquire Productive Assets
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Payments To Acquire Investments
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Net Cash Provided By Used In Investing Activities Continuing Operations
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Cash Provided By Used In Investing Activities Discontinued Operations
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Interest Paid
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Notes Payable And Accrued Interest Converted To Common Stock12605283 Shares
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Liability Issued For Investment In Salt Tequila Usa Llc
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|
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| CY2021Q3 | sbev |
Notes Payable Related Parties Noncurrents
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|
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