2022 Q1 Form 10-Q Financial Statement
#000149315222013810 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $7.811M |
| YoY Change | -30.79% |
| Cost Of Revenue | $805.1K |
| YoY Change | 71.29% |
| Gross Profit | $7.006M |
| YoY Change | 54.32% |
| Gross Profit Margin | 89.69% |
| Selling, General & Admin | $9.376M |
| YoY Change | 73.3% |
| % of Gross Profit | 133.82% |
| Research & Development | $204.6K |
| YoY Change | 70.53% |
| % of Gross Profit | 2.92% |
| Depreciation & Amortization | $202.8K |
| YoY Change | 125.28% |
| % of Gross Profit | 2.89% |
| Operating Expenses | $9.783M |
| YoY Change | 74.08% |
| Operating Profit | -$2.777M |
| YoY Change | 157.12% |
| Interest Expense | |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | -$379.6K |
| YoY Change | |
| Pretax Income | -$3.157M |
| YoY Change | 167.5% |
| Income Tax | |
| % Of Pretax Income | |
| Net Earnings | -$3.157M |
| YoY Change | 166.74% |
| Net Earnings / Revenue | -40.41% |
| Basic Earnings Per Share | -$0.41 |
| Diluted Earnings Per Share | -$411.4K |
| COMMON SHARES | |
| Basic Shares Outstanding | 7.606M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $16.14M |
| YoY Change | -40.93% |
| Cash & Equivalents | $16.14M |
| Short-Term Investments | |
| Other Short-Term Assets | $624.9K |
| YoY Change | 20.18% |
| Inventory | $2.171M |
| Prepaid Expenses | |
| Receivables | $3.555M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $22.49M |
| YoY Change | -28.68% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.934M |
| YoY Change | -7.9% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $4.888M |
| YoY Change | 205.48% |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $11.44M |
| YoY Change | 52.94% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $22.49M |
| Total Long-Term Assets | $11.44M |
| Total Assets | $33.93M |
| YoY Change | -13.04% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $981.2K |
| YoY Change | 165.19% |
| Accrued Expenses | $4.250M |
| YoY Change | 53.42% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $5.231M |
| YoY Change | 67.12% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $187.0K |
| YoY Change | -54.38% |
| Total Long-Term Liabilities | $187.0K |
| YoY Change | -54.38% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $5.231M |
| Total Long-Term Liabilities | $187.0K |
| Total Liabilities | $4.902M |
| YoY Change | 61.8% |
| 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 | $29.03M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $33.93M |
| YoY Change | -13.04% |
Cashflow Statement
| Concept | 2022 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$3.157M |
| YoY Change | 166.74% |
| Depreciation, Depletion And Amortization | $202.8K |
| YoY Change | 125.28% |
| Cash From Operating Activities | -$2.112M |
| YoY Change | 67.66% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$44.70K |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$249.7K |
| YoY Change | -58.39% |
| Cash From Investing Activities | -$294.4K |
| YoY Change | -50.94% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | -102.9K |
| YoY Change | -100.36% |
| NET CHANGE | |
| Cash From Operating Activities | -2.112M |
| Cash From Investing Activities | -294.4K |
| Cash From Financing Activities | -102.9K |
| Net Change In Cash | -2.510M |
| YoY Change | -109.34% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$2.112M |
| Capital Expenditures | -$44.70K |
| Free Cash Flow | -$2.068M |
| YoY Change | 64.11% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Interest Expense
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