2022 Q1 Form 10-Q Financial Statement
#000114036122020821 Filed on May 26, 2022
Income Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
Revenue | $3.195M | $2.116M |
YoY Change | 50.99% | 1320.13% |
Cost Of Revenue | $889.0K | $1.055M |
YoY Change | -15.73% | 711.54% |
Gross Profit | $2.306M | $1.061M |
YoY Change | 117.34% | 5484.21% |
Gross Profit Margin | 72.18% | 50.14% |
Selling, General & Admin | $3.856M | $4.909M |
YoY Change | -21.45% | 94.19% |
% of Gross Profit | 167.22% | 462.68% |
Research & Development | $166.0K | $354.0K |
YoY Change | -53.11% | 23.34% |
% of Gross Profit | 7.2% | 33.36% |
Depreciation & Amortization | $191.0K | $94.00K |
YoY Change | 103.19% | 77.36% |
% of Gross Profit | 8.28% | 8.86% |
Operating Expenses | $3.644M | $5.455M |
YoY Change | -33.2% | 93.78% |
Operating Profit | -$1.338M | -$4.394M |
YoY Change | -69.55% | 57.15% |
Interest Expense | $349.0K | -$527.0K |
YoY Change | -166.22% | 155.83% |
% of Operating Profit | ||
Other Income/Expense, Net | -$3.085M | -$527.0K |
YoY Change | 485.39% | 155.83% |
Pretax Income | -$4.423M | -$4.921M |
YoY Change | -10.12% | 63.92% |
Income Tax | $0.00 | $16.00K |
% Of Pretax Income | ||
Net Earnings | -$4.423M | -$4.937M |
YoY Change | -10.41% | 64.46% |
Net Earnings / Revenue | -138.44% | -233.32% |
Basic Earnings Per Share | -$0.01 | -$0.01 |
Diluted Earnings Per Share | -$0.01 | -$0.01 |
COMMON SHARES | ||
Basic Shares Outstanding | 525.4M | 518.5M |
Diluted Shares Outstanding | 525.4M | 518.5M |
Balance Sheet
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $313.0K | $96.00K |
YoY Change | 226.04% | -92.87% |
Cash & Equivalents | $313.0K | $96.00K |
Short-Term Investments | ||
Other Short-Term Assets | $365.0K | $405.0K |
YoY Change | -9.88% | 76.46% |
Inventory | $1.001M | $2.935M |
Prepaid Expenses | ||
Receivables | $1.730M | $1.727M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $3.409M | $5.163M |
YoY Change | -33.97% | 134.81% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $574.0K | $531.0K |
YoY Change | 8.1% | -39.31% |
Goodwill | $7.260M | $7.260M |
YoY Change | 0.0% | |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $106.0K | $271.0K |
YoY Change | -60.89% | 528.77% |
Total Long-Term Assets | $13.61M | $15.12M |
YoY Change | -10.0% | 1546.55% |
TOTAL ASSETS | ||
Total Short-Term Assets | $3.409M | $5.163M |
Total Long-Term Assets | $13.61M | $15.12M |
Total Assets | $17.01M | $20.28M |
YoY Change | -16.1% | 550.63% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $6.696M | $5.728M |
YoY Change | 16.9% | 413.09% |
Accrued Expenses | $4.916M | $2.492M |
YoY Change | 97.27% | -51.49% |
Deferred Revenue | $58.00K | $32.00K |
YoY Change | 81.25% | |
Short-Term Debt | $11.89M | $10.90M |
YoY Change | 9.09% | 84.47% |
Long-Term Debt Due | $24.66M | $6.260M |
YoY Change | 293.99% | 3817.64% |
Total Short-Term Liabilities | $53.23M | $35.39M |
YoY Change | 50.42% | 174.43% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $807.0K | $1.214M |
YoY Change | -33.53% | 264.96% |
Other Long-Term Liabilities | $337.0K | $294.0K |
YoY Change | 14.63% | 46.07% |
Total Long-Term Liabilities | $807.0K | $1.524M |
YoY Change | -47.05% | 185.44% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $53.23M | $35.39M |
Total Long-Term Liabilities | $807.0K | $1.524M |
Total Liabilities | $54.40M | $36.91M |
YoY Change | 47.39% | 174.87% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$189.1M | -$161.6M |
YoY Change | 16.97% | |
Common Stock | $517.0K | $482.0K |
YoY Change | 7.26% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$37.40M | -$16.63M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $17.01M | $20.28M |
YoY Change | -16.1% | 550.63% |
Cashflow Statement
Concept | 2022 Q1 | 2021 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$4.423M | -$4.937M |
YoY Change | -10.41% | 64.46% |
Depreciation, Depletion And Amortization | $191.0K | $94.00K |
YoY Change | 103.19% | 77.36% |
Cash From Operating Activities | -$3.132M | -$3.344M |
YoY Change | -6.34% | 26.38% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | $101.0K |
YoY Change | -100.0% | 1920.0% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $360.0K | |
YoY Change | ||
Cash From Investing Activities | $360.0K | -$101.0K |
YoY Change | -456.44% | 1920.0% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 2.470M | 1.112M |
YoY Change | 122.12% | -50.18% |
NET CHANGE | ||
Cash From Operating Activities | -3.132M | -3.344M |
Cash From Investing Activities | 360.0K | -101.0K |
Cash From Financing Activities | 2.470M | 1.112M |
Net Change In Cash | -302.0K | -2.341M |
YoY Change | -87.1% | 465.46% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$3.132M | -$3.344M |
Capital Expenditures | $0.00 | $101.0K |
Free Cash Flow | -$3.132M | -$3.445M |
YoY Change | -9.09% | 29.95% |
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63769267 | |
CY2022Q1 | snwv |
Warrant Liability Fair Value Per Share
WarrantLiabilityFairValuePerShare
|
0.13 | |
CY2022Q1 | snwv |
Warrant Liability Fair Value
WarrantLiabilityFairValue
|
8300065000 |