2022 Q1 Form 10-Q Financial Statement
#000121390022027591 Filed on May 17, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $0.00 |
| YoY Change | |
| Cost Of Revenue | $1.773M |
| YoY Change | 11.3% |
| Gross Profit | $2.517M |
| YoY Change | 17.29% |
| Gross Profit Margin | |
| Selling, General & Admin | $6.584M |
| YoY Change | 52.34% |
| % of Gross Profit | 261.58% |
| Research & Development | $16.65M |
| YoY Change | 15.28% |
| % of Gross Profit | 661.5% |
| Depreciation & Amortization | $1.292M |
| YoY Change | -10.96% |
| % of Gross Profit | 51.33% |
| Operating Expenses | $490.1K |
| YoY Change | 501.73% |
| Operating Profit | $2.027M |
| YoY Change | -1.82% |
| Interest Expense | $104.6K |
| YoY Change | -4139.0% |
| % of Operating Profit | 5.16% |
| Other Income/Expense, Net | -$467.0K |
| YoY Change | 42.38% |
| Pretax Income | -$385.5K |
| YoY Change | 358.71% |
| Income Tax | $352.0K |
| % Of Pretax Income | |
| Net Earnings | -$385.5K |
| YoY Change | 358.71% |
| Net Earnings / Revenue | |
| Basic Earnings Per Share | -$0.36 |
| Diluted Earnings Per Share | -$22.07K |
| COMMON SHARES | |
| Basic Shares Outstanding | 69.60M shares |
| Diluted Shares Outstanding | 69.60M shares |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $18.13K |
| YoY Change | -98.12% |
| Cash & Equivalents | $18.13K |
| Short-Term Investments | |
| Other Short-Term Assets | $78.57K |
| YoY Change | -52.59% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | $1.332M |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $96.70K |
| YoY Change | -91.44% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $15.70M |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | $133.0M |
| YoY Change | 0.02% |
| Other Assets | $7.228M |
| YoY Change | |
| Total Long-Term Assets | $133.0M |
| YoY Change | 0.02% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $96.70K |
| Total Long-Term Assets | $133.0M |
| Total Assets | $133.1M |
| YoY Change | -0.75% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $6.938M |
| YoY Change | |
| Accrued Expenses | $503.1K |
| YoY Change | 379.94% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Long-Term Debt Due | $61.83M |
| YoY Change | |
| Total Short-Term Liabilities | $657.8K |
| YoY Change | 70.72% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $154.8K |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $657.8K |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $657.8K |
| YoY Change | 70.72% |
| 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 | -$363.4M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $133.1M |
| YoY Change | -0.75% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
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| CY2022Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2022Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q4 | us-gaap |
Preferred Stock Value
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|
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| CY2022Q1 | us-gaap |
Preferred Stock Shares Issued
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|
shares | |
| CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
| CY2022Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
| CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
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Payments To Acquire Investments
PaymentsToAcquireInvestments
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
USD | |
| CY2022Q1 | soun |
Payment Of Underwriting Fees
PaymentOfUnderwritingFees
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
USD | |
| CY2022Q1 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
USD | |
| CY2022Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
USD | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | |
| CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
USD | |
| CY2020Q4 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis With Unobservable Inputs
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisWithUnobservableInputs
|
USD |
