2021 Q4 Form 10-K Financial Statement
#000149315222008815 Filed on April 01, 2022
Income Statement
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| Revenue | $1.313M | $4.321M | $0.00 |
| YoY Change | |||
| Cost Of Revenue | $447.4K | $1.023M | |
| YoY Change | |||
| Gross Profit | $865.1K | $3.298M | |
| YoY Change | |||
| Gross Profit Margin | 65.91% | 76.32% | |
| Selling, General & Admin | $2.047M | $5.494M | $2.190K |
| YoY Change | 93354.79% | 28982.27% | |
| % of Gross Profit | 236.58% | 166.57% | |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $104.4K | $428.6K | $0.00 |
| YoY Change | 46997.8% | ||
| % of Gross Profit | 12.06% | 13.0% | |
| Operating Expenses | $2.686M | $0.00 | $2.190K |
| YoY Change | 122562.56% | -100.0% | |
| Operating Profit | -$1.821M | $3.298M | |
| YoY Change | |||
| Interest Expense | $1.058M | -$3.777M | -$3.970K |
| YoY Change | -26753.15% | 24282.38% | |
| % of Operating Profit | -114.52% | ||
| Other Income/Expense, Net | -$85.08K | -$124.0K | |
| YoY Change | |||
| Pretax Income | -$848.2K | -$7.111M | -$6.160K |
| YoY Change | 13668.83% | 20583.86% | |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$839.5K | -$7.077M | -$6.160K |
| YoY Change | 13528.41% | 20485.98% | |
| Net Earnings / Revenue | -63.96% | -163.78% | |
| Basic Earnings Per Share | -$0.20 | ||
| Diluted Earnings Per Share | -$34.47K | -$188.2K | -$11.41K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 35.31M shares | ||
| Diluted Shares Outstanding | 35.31M shares |
Balance Sheet
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $828.2K | $828.2K | $2.210K |
| YoY Change | 37375.57% | 37206.76% | |
| Cash & Equivalents | $828.2K | $133.1K | |
| Short-Term Investments | |||
| Other Short-Term Assets | $324.7K | $324.7K | $73.47K |
| YoY Change | 341.96% | 634.31% | |
| Inventory | $436.4K | $436.4K | |
| Prepaid Expenses | |||
| Receivables | $10.72K | $10.72K | |
| Other Receivables | $0.00 | $0.00 | |
| Total Short-Term Assets | $1.600M | $1.600M | $75.67K |
| YoY Change | 2014.5% | 3345.39% | |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $33.17K | $207.3K | |
| YoY Change | |||
| Goodwill | $467.4K | ||
| YoY Change | |||
| Intangibles | $3.407M | ||
| YoY Change | |||
| Long-Term Investments | $38.69K | $38.69K | |
| YoY Change | |||
| Other Assets | $0.00 | ||
| YoY Change | |||
| Total Long-Term Assets | $4.120M | $4.120M | $0.00 |
| YoY Change | |||
| TOTAL ASSETS | |||
| Total Short-Term Assets | $1.600M | $1.600M | $75.67K |
| Total Long-Term Assets | $4.120M | $4.120M | $0.00 |
| Total Assets | $5.720M | $5.720M | $75.67K |
| YoY Change | 7459.3% | 12217.23% | |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $4.051M | $4.051M | |
| YoY Change | 44171.04% | ||
| Accrued Expenses | $55.75K | $55.75K | |
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $1.056M | $1.056M | $297.0K |
| YoY Change | 255.48% | 301.38% | |
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $9.387M | $9.387M | $307.6K |
| YoY Change | 2951.6% | 3348.33% | |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $219.5K | $219.5K | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $119.1K | $119.1K | |
| YoY Change | |||
| Total Long-Term Liabilities | $338.5K | $338.5K | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $9.387M | $9.387M | $307.6K |
| Total Long-Term Liabilities | $338.5K | $338.5K | $0.00 |
| Total Liabilities | $9.726M | $9.076M | $307.6K |
| YoY Change | 3061.66% | 3233.96% | |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$13.09M | ||
| YoY Change | |||
| Common Stock | $10.16M | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | -$3.356M | -$3.356M | -$231.9K |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $5.720M | $5.720M | $75.67K |
| YoY Change | 7459.3% | 12217.23% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
USD | |
| CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
USD | |
| CY2021Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
| CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
USD | |
| CY2020 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2021 | GNTW |
Loss On Disposal Of Assets
LossOnDisposalOfAssets
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2021 | GNTW |
Effect Of Reverse Merger Transaction Value
EffectOfReverseMergerTransactionValue
|
USD | |
| CY2020 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2020 | GNTW |
Noncash Interest Expense From Issuance On Debt Derivative
NoncashInterestExpenseFromIssuanceOnDebtDerivative
|
USD | |
| CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
USD | |
| CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
USD | |
| CY2021 | us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
USD | |
| CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
USD | |
| CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
USD | |
| CY2021 | GNTW |
Cash Received In Recapitalization Transaction
CashReceivedInRecapitalizationTransaction
|
USD | |
| CY2020 | GNTW |
Cash Received In Recapitalization Transaction
CashReceivedInRecapitalizationTransaction
|
USD | |
| CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2020 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2020 | us-gaap |
Stock Issued1
StockIssued1
|
USD | |
| CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
USD | |
| CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
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|
USD | |
| CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
USD | |
| CY2020Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
USD | |
| CY2020 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
USD | |
| CY2021 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
USD | |
| CY2021 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
USD | |
| CY2021 | GNTW |
Income Tax Expense Benefits
IncomeTaxExpenseBenefits
|
USD | |
| CY2020 | GNTW |
Income Tax Expense Benefits
IncomeTaxExpenseBenefits
|
USD | |
| CY2020Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
USD | |
| CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
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| CY2020Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
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