2021 Form 10-K Financial Statement
#000101738622000084 Filed on March 30, 2022
Income Statement
Concept | 2021 | 2020 |
---|---|---|
Revenue | $30.00K | $20.00K |
YoY Change | 50.0% | |
Cost Of Revenue | $10.00K | $10.00K |
YoY Change | 0.0% | |
Gross Profit | $20.00K | $10.00K |
YoY Change | 100.0% | |
Gross Profit Margin | 66.67% | 50.0% |
Selling, General & Admin | $120.0K | $80.00K |
YoY Change | 50.0% | 60.0% |
% of Gross Profit | 600.0% | 800.0% |
Research & Development | $10.00K | $0.00 |
YoY Change | -100.0% | |
% of Gross Profit | 50.0% | 0.0% |
Depreciation & Amortization | $0.00 | |
YoY Change | ||
% of Gross Profit | 0.0% | |
Operating Expenses | $130.0K | $70.00K |
YoY Change | 85.71% | 16.67% |
Operating Profit | -$110.0K | -$60.00K |
YoY Change | 83.33% | |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | -$110.0K | -$60.00K |
YoY Change | 83.33% | 0.0% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$108.7K | -$60.00K |
YoY Change | 81.19% | 0.0% |
Net Earnings / Revenue | -362.38% | -300.0% |
Basic Earnings Per Share | $0.00 | |
Diluted Earnings Per Share | -$705.00 | -$352.40 |
COMMON SHARES | ||
Basic Shares Outstanding | 156.0M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 | 2020 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $210.0K | $90.00K |
YoY Change | 133.33% | -30.77% |
Cash & Equivalents | ||
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | $40.00K | $50.00K |
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $250.0K | $140.0K |
YoY Change | 78.57% | 7.69% |
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 | $250.0K | $140.0K |
Total Long-Term Assets | $0.00 | $0.00 |
Total Assets | $250.0K | $140.0K |
YoY Change | 78.57% | 7.69% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $0.00 | $0.00 |
YoY Change | ||
Accrued Expenses | $0.00 | $0.00 |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $0.00 | $0.00 |
YoY Change | ||
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 | $0.00 | $0.00 |
Total Long-Term Liabilities | $0.00 | $0.00 |
Total Liabilities | $0.00 | $0.00 |
YoY Change | ||
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 | $250.0K | $140.0K |
YoY Change | ||
Total Liabilities & Shareholders Equity | $250.0K | $140.0K |
YoY Change | 78.57% | 7.69% |
Cashflow Statement
Concept | 2021 | 2020 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$108.7K | -$60.00K |
YoY Change | 81.19% | 0.0% |
Depreciation, Depletion And Amortization | $0.00 | |
YoY Change | ||
Cash From Operating Activities | -$100.0K | -$110.0K |
YoY Change | -9.09% | 83.33% |
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 | 220.0K | 70.00K |
YoY Change | 214.29% | |
NET CHANGE | ||
Cash From Operating Activities | -100.0K | -110.0K |
Cash From Investing Activities | ||
Cash From Financing Activities | 220.0K | 70.00K |
Net Change In Cash | 120.0K | -40.00K |
YoY Change | -400.0% | -33.33% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$100.0K | -$110.0K |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
USD | |
CY2022Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
111636300 | shares |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2020 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
USD | |
CY2020 | scth |
Stock Cancelled1
StockCancelled1
|
USD | |
CY2021Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
USD | |
CY2020Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
USD | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
USD | |
CY2020Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense
DeferredTaxAssetsTaxDeferredExpense
|
USD | |
CY2021 | scth |
Cancellation Of Common Shares
CancellationOfCommonShares
|
USD |