$SHMP
NaturalShrimp Inc

2022 Q1 Form 10-K Financial Statement

#000149315222018121 Filed on June 29, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2022 2021 Q1
Revenue $17.13K $33.77K $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit $33.77K
YoY Change
Gross Profit Margin 99.99%
Selling, General & Admin $45.89M $51.88M $1.509M
YoY Change 2939.83% 1704.3% 110.49%
% of Gross Profit 153645.96%
Research & Development $190.7K $407.9K $0.00
YoY Change 412.72% -100.0%
% of Gross Profit 1207.97%
Depreciation & Amortization $1.088M $2.189M $308.6K
YoY Change 252.61% 531.72% 424.46%
% of Gross Profit 6481.68%
Operating Expenses $46.92M $54.47M $1.818M
YoY Change 2480.78% 1550.13% 119.65%
Operating Profit -$54.44M
YoY Change
Interest Expense -$931.2K -$3.376M -$89.42K
YoY Change 941.34% 1084.74% -37.06%
% of Operating Profit
Other Income/Expense, Net $0.00 -$29.40M $0.00
YoY Change -100.0%
Pretax Income -$47.52M -$86.30M -$1.908M
YoY Change 2391.16% 2306.4% -27.15%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$47.52M -$86.30M -$1.906M
YoY Change 2392.56% 2310.25% -26.32%
Net Earnings / Revenue -277401.23% -255545.6%
Basic Earnings Per Share -$0.16
Diluted Earnings Per Share -$72.89K -$139.4K -$3.802K
COMMON SHARES
Basic Shares Outstanding 642.2M shares 619.1M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2022 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.734M $1.734M $155.8K
YoY Change 1012.99% 1012.99% 42.3%
Cash & Equivalents $1.734M $155.8K
Short-Term Investments
Other Short-Term Assets $3.012M $3.012M $655.3K
YoY Change 359.54% 359.54% -37.34%
Inventory $69.17K $69.17K
Prepaid Expenses $1.512M $655.3K
Receivables $14.39K $14.39K
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.829M $4.829M $811.1K
YoY Change 495.36% 495.36% -29.8%
LONG-TERM ASSETS
Property, Plant & Equipment $14.80M $16.17M $12.24M
YoY Change 20.93% 12.39% 1144.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $18.27M $20.63K $2.169M
YoY Change 742.29% 0.0% 1117.31%
Total Long-Term Assets $33.07M $33.07M $14.41M
YoY Change 129.56% 129.56% 1140.37%
TOTAL ASSETS
Total Short-Term Assets $4.829M $4.829M $811.1K
Total Long-Term Assets $33.07M $33.07M $14.41M
Total Assets $37.90M $37.90M $15.22M
YoY Change 149.06% 149.06% 556.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.803M $2.803M $963.3K
YoY Change 190.96% 190.96% 50.24%
Accrued Expenses $207.4K $1.111M $602.4K
YoY Change -65.57% 28.75% -61.93%
Deferred Revenue
YoY Change
Short-Term Debt $515.5K $515.5K $1.725M
YoY Change -70.11% -70.11% -3.73%
Long-Term Debt Due $96.00K $96.00K $691.6K
YoY Change -86.12% -86.12% 7670.34%
Total Short-Term Liabilities $21.85M $21.85M $4.426M
YoY Change 393.64% 393.64% -6.9%
LONG-TERM LIABILITIES
Long-Term Debt $2.749M $2.749M $5.422M
YoY Change -49.3% -49.3% 2300.7%
Other Long-Term Liabilities $286.3K $286.3K $275.4K
YoY Change 3.94% 3.94% 0.0%
Total Long-Term Liabilities $3.035M $3.035M $5.697M
YoY Change -46.73% -46.73% 1036.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.85M $21.85M $4.426M
Total Long-Term Liabilities $3.035M $3.035M $5.697M
Total Liabilities $24.88M $24.88M $10.12M
YoY Change 145.8% 147.95% 95.7%
SHAREHOLDERS EQUITY
Retained Earnings -$150.0M -$53.68M
YoY Change 179.48%
Common Stock $67.50K $56.08K
YoY Change 20.37%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$33.13M $13.02M $3.071M
YoY Change
Total Liabilities & Shareholders Equity $37.90M $37.90M $15.22M
YoY Change 149.06% 149.06% 556.81%

Cashflow Statement

Concept 2022 Q1 2022 2021 Q1
OPERATING ACTIVITIES
Net Income -$47.52M -$86.30M -$1.906M
YoY Change 2392.56% 2310.25% -26.32%
Depreciation, Depletion And Amortization $1.088M $2.189M $308.6K
YoY Change 252.61% 531.72% 424.46%
Cash From Operating Activities -$374.2K -$12.58M -$1.364M
YoY Change -72.56% 428.95% 39.27%
INVESTING ACTIVITIES
Capital Expenditures -$533.0K -$5.082M -$410.9K
YoY Change 29.71% -39.89% 419.01%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$3.350M $0.00
YoY Change -465.24%
Cash From Investing Activities -$533.0K -$8.432M -$410.9K
YoY Change 29.71% 11.87% 419.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -24.00K 22.59M 1.619M
YoY Change -101.48% 126.74% 176.75%
NET CHANGE
Cash From Operating Activities -374.2K -12.58M -1.364M
Cash From Investing Activities -533.0K -8.432M -410.9K
Cash From Financing Activities -24.00K 22.59M 1.619M
Net Change In Cash -931.2K 1.578M -156.1K
YoY Change 496.71% 3308.73% -67.04%
FREE CASH FLOW
Cash From Operating Activities -$374.2K -$12.58M -$1.364M
Capital Expenditures -$533.0K -$5.082M -$410.9K
Free Cash Flow $158.7K -$7.493M -$952.8K
YoY Change -116.66% -223.29% 5.87%

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