2022 Q2 Form 10-Q Financial Statement
#000149315222016334 Filed on June 09, 2022
Income Statement
| Concept | 2022 Q2 | 2021 Q2 |
|---|---|---|
| Revenue | $5.935M | $2.951M |
| YoY Change | 101.12% | 3.91% |
| Cost Of Revenue | $3.209M | $1.437M |
| YoY Change | 123.31% | 13.15% |
| Gross Profit | $2.726M | $1.514M |
| YoY Change | 80.05% | -3.57% |
| Gross Profit Margin | 45.93% | 51.3% |
| Selling, General & Admin | $4.501M | $2.551M |
| YoY Change | 76.44% | 11.4% |
| % of Gross Profit | 165.11% | 168.49% |
| Research & Development | $1.310K | $977.0K |
| YoY Change | -99.87% | 43.68% |
| % of Gross Profit | 0.05% | 64.53% |
| Depreciation & Amortization | $971.0K | $642.0K |
| YoY Change | 51.25% | 52.86% |
| % of Gross Profit | 35.62% | 42.4% |
| Operating Expenses | $5.813M | $3.528M |
| YoY Change | 64.77% | 14.55% |
| Operating Profit | -$3.087M | -$2.014M |
| YoY Change | 53.28% | 33.38% |
| Interest Expense | -$132.0K | -$13.00K |
| YoY Change | 915.38% | 30.0% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $533.0K | $15.00K |
| YoY Change | 3453.33% | -175.0% |
| Pretax Income | -$2.776M | -$2.453M |
| YoY Change | 13.17% | 59.29% |
| Income Tax | $11.00K | $9.000K |
| % Of Pretax Income | ||
| Net Earnings | -$2.787M | -$2.142M |
| YoY Change | 30.11% | -158.37% |
| Net Earnings / Revenue | -46.96% | -72.59% |
| Basic Earnings Per Share | -$0.06 | |
| Diluted Earnings Per Share | -$59.26K | -$57.12K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 47.03M shares | 37.50M shares |
| Diluted Shares Outstanding | 47.03M shares |
Balance Sheet
| Concept | 2022 Q2 | 2021 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $7.955M | $16.73M |
| YoY Change | -52.44% | 154.98% |
| Cash & Equivalents | $7.955M | $16.73M |
| Short-Term Investments | ||
| Other Short-Term Assets | $423.0K | $1.441M |
| YoY Change | -70.65% | 105.86% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $4.660M | $3.187M |
| Other Receivables | $671.0K | $257.0K |
| Total Short-Term Assets | $13.71M | $21.61M |
| YoY Change | -36.57% | 145.31% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $282.0K | $432.0K |
| YoY Change | -34.72% | -28.0% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $1.002M | $958.0K |
| YoY Change | 4.59% | -33.01% |
| Total Long-Term Assets | $46.25M | $18.43M |
| YoY Change | 150.98% | -6.45% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $13.71M | $21.61M |
| Total Long-Term Assets | $46.25M | $18.43M |
| Total Assets | $59.96M | $40.04M |
| YoY Change | 49.75% | 40.45% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.013M | $243.0K |
| YoY Change | 316.87% | -16.21% |
| Accrued Expenses | $2.843M | $1.252M |
| YoY Change | 127.08% | 21.55% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $375.0K | $2.301M |
| YoY Change | -83.7% | 233.48% |
| Total Short-Term Liabilities | $15.01M | $9.137M |
| YoY Change | 64.23% | 38.86% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $9.549M | $0.00 |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $3.965M | $346.0K |
| YoY Change | 1045.95% | -11.28% |
| Total Long-Term Liabilities | $13.51M | $346.0K |
| YoY Change | 3805.78% | -82.79% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $15.01M | $9.137M |
| Total Long-Term Liabilities | $13.51M | $346.0K |
| Total Liabilities | $28.52M | $9.483M |
| YoY Change | 200.75% | 10.4% |
| 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 | $31.44M | $30.56M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $59.96M | $40.04M |
| YoY Change | 49.75% | 40.45% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
USD | |
| CY2022Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
USD | |
| CY2022Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
||
| CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
USD | |
| CY2021Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
USD | |
| CY2022Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
|
USD | |
| CY2021Q2 | us-gaap |
Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
|
USD | |
| CY2021Q2 | STRM |
Change In Fair Value Of Acquisition Earnout Liability
ChangeInFairValueOfAcquisitionEarnoutLiability
|
USD | |
| CY2022Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
||
| CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
USD | |
| CY2021Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
USD | |
| CY2022Q2 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
USD | |
| CY2022Q2 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
USD | |
| CY2022Q2 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
USD | |
| CY2022Q2 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
USD | |
| CY2022Q2 | us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
USD | |
| CY2022Q2 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
|
USD | |
| CY2022Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
||
| CY2022Q2 | us-gaap |
Net Income Loss From Discontinued Operations Available To Common Shareholders Diluted
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersDiluted
|
USD | |
| CY2022Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
||
| CY2021Q2 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
USD | |
| CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
USD | |
| CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
USD | |
| CY2022Q2 | STRM |
Transition Service Cost
TransitionServiceCost
|
USD | |
| CY2022Q2 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
USD | |
| CY2022Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
USD | |
| CY2022Q1 | STRM |
Acquisition Earnout Liability Fair Value
AcquisitionEarnoutLiabilityFairValue
|
8833000 | USD |
| CY2022Q2 | STRM |
Acquisition Earnout Liability Fair Value
AcquisitionEarnoutLiabilityFairValue
|
8333000 | USD |
| CY2022Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
-2787000 | USD |
| CY2021Q2 | us-gaap |
Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
|
-2462000 | USD |
| CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.06 | |
| CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
-0.07 | |
| CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47028463 | shares |
| CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37497958 | shares |
| CY2022Q2 | STRM |
Effect Of Dilutive Securities Stock Options Restricted Stocks
EffectOfDilutiveSecuritiesStockOptionsRestrictedStocks
|
257498 | shares |
| CY2021Q2 | STRM |
Effect Of Dilutive Securities Stock Options Restricted Stocks
EffectOfDilutiveSecuritiesStockOptionsRestrictedStocks
|
686807 | shares |
