$SPYR
SPYR, Inc.

2022 Q1 Form 10-Q Financial Statement

#000182912622011488 Filed on May 19, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q1
Revenue $1.000K $1.000K
YoY Change -99.46%
Cost Of Revenue -$1.000K
YoY Change
Gross Profit $1.000K $2.000K
YoY Change
Gross Profit Margin 100.0% 200.0%
Selling, General & Admin $2.196M $507.0K $991.0K
YoY Change 121.59% -79.34% 183.95%
% of Gross Profit 219600.0% 25350.0%
Research & Development $0.00 $4.000K
YoY Change -100.0%
% of Gross Profit 0.0%
Depreciation & Amortization $3.000K $3.000K $3.000K
YoY Change 0.0% -70.0% -70.0%
% of Gross Profit 300.0% 150.0%
Operating Expenses $0.00 $510.0K $998.0K
YoY Change -100.0% -79.65% 177.99%
Operating Profit $1.000K -$508.0K -$998.0K
YoY Change -100.1%
Interest Expense $2.026M -$1.470M -$205.0K
YoY Change -1088.29% 1178.26% 266.07%
% of Operating Profit 202600.0%
Other Income/Expense, Net -$59.00K -$1.000K $0.00
YoY Change -99.8%
Pretax Income -$512.0K -$2.038M -$1.198M
YoY Change -57.26% -30.84% 427.75%
Income Tax
% Of Pretax Income
Net Earnings -$514.0K -$2.037M -$1.211M
YoY Change -57.56% -33.37% 433.48%
Net Earnings / Revenue -51400.0% -203700.0%
Basic Earnings Per Share
Diluted Earnings Per Share -$1.897K -$8.340K -$5.669K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $185.0K $36.00K $224.0K
YoY Change -17.41% -92.95% 1936.36%
Cash & Equivalents $184.0K $35.00K $222.0K
Short-Term Investments $1.000K $1.000K $2.000K
Other Short-Term Assets $60.00K $61.00K $91.00K
YoY Change -34.07% -1.61% 506.67%
Inventory $25.00K
Prepaid Expenses $47.00K
Receivables
Other Receivables
Total Short-Term Assets $245.0K $97.00K $340.0K
YoY Change -27.94% -83.19% 750.0%
LONG-TERM ASSETS
Property, Plant & Equipment $13.00K $15.00K $38.00K
YoY Change -65.79% -51.61% -68.85%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $84.00K $46.00K $14.00K
YoY Change 500.0% 253.85% 7.69%
Total Long-Term Assets $97.00K $61.00K $129.0K
YoY Change -24.81% -59.33% -46.25%
TOTAL ASSETS
Total Short-Term Assets $245.0K $97.00K $340.0K
Total Long-Term Assets $97.00K $61.00K $129.0K
Total Assets $342.0K $158.0K $469.0K
YoY Change -27.08% -78.27% 67.5%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.655M $1.825M $1.680M
YoY Change -1.49% 16.99% -12.82%
Accrued Expenses $0.00 $22.00K
YoY Change -100.0% -71.05%
Deferred Revenue
YoY Change
Short-Term Debt $210.0K $206.0K $1.222M
YoY Change -82.82% -82.89% -28.58%
Long-Term Debt Due $600.0K $594.0K $59.00K
YoY Change 916.95% 1064.71%
Total Short-Term Liabilities $3.485M $3.421M $4.964M
YoY Change -29.79% -29.04% 1.97%
LONG-TERM LIABILITIES
Long-Term Debt $3.411M $3.180M $204.0K
YoY Change 1572.06% 3685.71%
Other Long-Term Liabilities $380.0K $2.261M $1.486M
YoY Change -74.43% 63.6%
Total Long-Term Liabilities $3.791M $5.441M $1.690M
YoY Change 124.32% 271.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.485M $3.421M $4.964M
Total Long-Term Liabilities $3.791M $5.441M $1.690M
Total Liabilities $7.276M $8.862M $6.654M
YoY Change 9.35% 40.96% 36.69%
SHAREHOLDERS EQUITY
Retained Earnings -$66.93M
YoY Change 9.78%
Common Stock $24.51K
YoY Change 16.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$8.709M -$8.036M -$6.185M
YoY Change
Total Liabilities & Shareholders Equity $342.0K $158.0K $469.0K
YoY Change -27.08% -78.27% 67.5%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q1
OPERATING ACTIVITIES
Net Income -$514.0K -$2.037M -$1.211M
YoY Change -57.56% -33.37% 433.48%
Depreciation, Depletion And Amortization $3.000K $3.000K $3.000K
YoY Change 0.0% -70.0% -70.0%
Cash From Operating Activities -$321.0K -$226.0K -$369.0K
YoY Change -13.01% -48.87% -7480.0%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $8.000K
YoY Change -100.0% -100.0% 700.0%
Cash From Investing Activities $0.00 $8.000K
YoY Change -100.0% -300.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 470.0K 231.0K 73.00K
YoY Change 543.84% -75.76%
NET CHANGE
Cash From Operating Activities -321.0K -226.0K -369.0K
Cash From Investing Activities 0.000 8.000K
Cash From Financing Activities 470.0K 231.0K 73.00K
Net Change In Cash $0.00 5.000K -288.0K
YoY Change -100.0% -99.0% -28900.0%
FREE CASH FLOW
Cash From Operating Activities -$321.0K -$226.0K -$369.0K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$226.0K -$369.0K
YoY Change -47.69% -3790.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
USD
CY2021Q4 SPYR Common Stock To Be Issued
CommonStockToBeIssued
USD
CY2021Q1 us-gaap Revenues
Revenues
USD
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
USD
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
USD
CY2021Q1 us-gaap Other Income
OtherIncome
USD
CY2021Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
USD
CY2021Q1 SPYR Loss On Conversion Of Debt
LossOnConversionOfDebt
USD
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
USD
CY2021Q1 SPYR Common Stock Issued For Settlement
CommonStockIssuedForSettlement
USD
CY2021Q1 SPYR Common Stock Issued For Conversion Of Debt
CommonStockIssuedForConversionOfDebt
USD
CY2021Q1 SPYR Common Stock To Be Issued For Services
CommonStockToBeIssuedForServices
USD
CY2021Q1 SPYR Common Stock To Be Issued For Director Compensation
CommonStockToBeIssuedForDirectorCompensation
USD
CY2022Q1 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
USD
CY2022Q1 us-gaap Debt Securities Trading Unrealized Gain Loss
DebtSecuritiesTradingUnrealizedGainLoss
USD
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
USD
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
USD
CY2022Q1 SPYR Decrease In Operating Lease Rightofuse Liability
DecreaseInOperatingLeaseRightofuseLiability
USD
CY2021Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
USD
CY2021Q1 us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
USD
CY2022Q1 SPYR Increase In Accrued Interest On Shortterm Advances Related Party
IncreaseInAccruedInterestOnShorttermAdvancesRelatedParty
USD
CY2022Q1 SPYR Increase In Accrued Interest On Sba Ppp Notes Payable
IncreaseInAccruedInterestOnSbaPppNotesPayable
USD
CY2022Q1 SPYR Increase Decrease In Accrued Interest On Line Of Credit Related Party
IncreaseDecreaseInAccruedInterestOnLineOfCreditRelatedParty
USD
CY2022Q1 SPYR Increase Decrease In Accrued Interest And Liquidated Damages On Convertible Notes
IncreaseDecreaseInAccruedInterestAndLiquidatedDamagesOnConvertibleNotes
USD
CY2021Q1 SPYR Settlement Expense
SettlementExpense
USD
CY2022Q1 us-gaap Unrealized Gain Loss On Securities
UnrealizedGainLossOnSecurities
USD
CY2021Q1 SPYR Reclassification Of Derivative Liabilities To Additional Paidin Capital
ReclassificationOfDerivativeLiabilitiesToAdditionalPaidinCapital
USD
CY2022Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
USD
CY2022Q1 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
USD
CY2021Q1 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
USD
CY2022Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
USD
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
USD
CY2021Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
USD
CY2022Q1 SPYR Proceeds From Sba Ppp Note Payable
ProceedsFromSbaPppNotePayable
USD
CY2021Q1 SPYR Funds Lent As Asset Consideration
FundsLentAsAssetConsideration
USD
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
USD
CY2021Q1 us-gaap Interest Paid Net
InterestPaidNet
USD
CY2022Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2021Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2022Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
shares
CY2022Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice

Files In Submission

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0001829126-22-011488-index-headers.html Edgar Link pending
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0001829126-22-011488.txt Edgar Link pending
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spyrinc_10q.htm Edgar Link pending
spyrinc_10q_htm.xml Edgar Link completed
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