2021 Q4 Form 10-K Financial Statement
#000149315222006487 Filed on March 10, 2022
Income Statement
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| Revenue | $8.240M | $35.02M | $6.825M |
| YoY Change | 20.74% | 31.51% | -0.99% |
| Cost Of Revenue | $2.291M | $11.79M | $1.603M |
| YoY Change | 42.97% | 53.82% | -8.18% |
| Gross Profit | $5.949M | $23.23M | $5.222M |
| YoY Change | 13.92% | 22.49% | 1.45% |
| Gross Profit Margin | 72.2% | 66.34% | 76.52% |
| Selling, General & Admin | $6.684M | $25.92M | $4.301M |
| YoY Change | 55.43% | 47.76% | -8.85% |
| % of Gross Profit | 112.36% | 111.58% | 82.35% |
| Research & Development | $2.615M | $10.20M | $2.100M |
| YoY Change | 24.51% | 25.34% | 29.96% |
| % of Gross Profit | 43.95% | 43.9% | 40.21% |
| Depreciation & Amortization | $26.10K | $105.7K | $39.73K |
| YoY Change | -34.31% | -16.29% | 16.96% |
| % of Gross Profit | 0.44% | 0.45% | 0.76% |
| Operating Expenses | $9.299M | $36.12M | $6.399M |
| YoY Change | 45.32% | 40.66% | 1.02% |
| Operating Profit | -$3.350M | -$12.89M | -$1.177M |
| YoY Change | 184.7% | 91.97% | -0.85% |
| Interest Expense | -$4.490K | -$10.07K | -$4.240K |
| YoY Change | 5.9% | -114.95% | -104.15% |
| % of Operating Profit | |||
| Other Income/Expense, Net | |||
| YoY Change | |||
| Pretax Income | -$3.354M | -$10.72M | -$1.181M |
| YoY Change | 184.06% | 61.22% | 8.89% |
| Income Tax | |||
| % Of Pretax Income | |||
| Net Earnings | -$3.354M | -$10.72M | -$1.181M |
| YoY Change | 184.06% | 61.22% | 8.89% |
| Net Earnings / Revenue | -40.71% | -30.6% | -17.3% |
| Basic Earnings Per Share | -$0.16 | ||
| Diluted Earnings Per Share | -$44.25K | -$141.8K | -$15.75K |
| COMMON SHARES | |||
| Basic Shares Outstanding | 75.56M shares | ||
| Diluted Shares Outstanding | 75.56M shares |
Balance Sheet
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $38.74M | $38.74M | $43.94M |
| YoY Change | -11.84% | -11.84% | 45.58% |
| Cash & Equivalents | $38.74M | $38.74M | $43.94M |
| Short-Term Investments | |||
| Other Short-Term Assets | $2.810M | $2.810M | $1.967M |
| YoY Change | 42.91% | 42.91% | 33.7% |
| Inventory | $4.433M | $4.433M | $3.295M |
| Prepaid Expenses | |||
| Receivables | $5.406M | $5.406M | $3.515M |
| Other Receivables | $0.00 | $0.00 | $0.00 |
| Total Short-Term Assets | $51.39M | $51.39M | $52.72M |
| YoY Change | -2.52% | -2.52% | 35.76% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $2.632M | $8.367M | $2.431M |
| YoY Change | 8.29% | 244.23% | -46.42% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | |||
| YoY Change | |||
| Other Assets | $1.230M | $1.230M | $308.5K |
| YoY Change | 298.59% | 298.59% | 41.46% |
| Total Long-Term Assets | $9.597M | $9.596M | $2.739M |
| YoY Change | 250.37% | 250.35% | -42.39% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $51.39M | $51.39M | $52.72M |
| Total Long-Term Assets | $9.597M | $9.596M | $2.739M |
| Total Assets | $60.99M | $60.98M | $55.46M |
| YoY Change | 9.97% | 9.97% | 27.24% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $4.189M | $4.188M | $1.609M |
| YoY Change | 160.41% | 160.37% | -23.37% |
| Accrued Expenses | $2.528M | $2.619M | $5.497M |
| YoY Change | -54.01% | -50.81% | 10.61% |
| Deferred Revenue | $6.277M | ||
| YoY Change | |||
| Short-Term Debt | $0.00 | $1.185M | |
| YoY Change | -100.0% | ||
| Long-Term Debt Due | |||
| YoY Change | |||
| Total Short-Term Liabilities | $13.26M | $13.26M | $13.57M |
| YoY Change | -2.29% | -2.3% | 11.61% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $973.3K | |
| YoY Change | -100.0% | ||
| Other Long-Term Liabilities | $219.0K | $8.299M | $680.2K |
| YoY Change | -67.8% | 1120.2% | -76.54% |
| Total Long-Term Liabilities | $219.0K | $8.299M | $1.653M |
| YoY Change | -86.75% | 401.95% | |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $13.26M | $13.26M | $13.57M |
| Total Long-Term Liabilities | $219.0K | $8.299M | $1.653M |
| Total Liabilities | $21.56M | $21.56M | $15.23M |
| YoY Change | 41.6% | 41.6% | 1.11% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | -$498.7M | ||
| YoY Change | |||
| Common Stock | $75.00K | ||
| YoY Change | |||
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | |||
| YoY Change | |||
| Treasury Stock Shares | |||
| Shareholders Equity | $33.84M | $39.42M | $34.62M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $60.99M | $60.98M | $55.46M |
| YoY Change | 9.97% | 9.97% | 27.24% |
Cashflow Statement
| Concept | 2021 Q4 | 2021 | 2020 Q4 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$3.354M | -$10.72M | -$1.181M |
| YoY Change | 184.06% | 61.22% | 8.89% |
| Depreciation, Depletion And Amortization | $26.10K | $105.7K | $39.73K |
| YoY Change | -34.31% | -16.29% | 16.96% |
| Cash From Operating Activities | -$2.056M | -$2.946M | $308.0K |
| YoY Change | -767.57% | -16.11% | -116.08% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | -$358.9K | -$1.397M | $0.00 |
| YoY Change | 1869.8% | -100.0% | |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | |||
| YoY Change | |||
| Cash From Investing Activities | -$358.9K | -$1.397M | $0.00 |
| YoY Change | 1869.8% | -100.0% | |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | |||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | 11.73K | 547.4K | 35.72K |
| YoY Change | -67.16% | -96.84% | -92.24% |
| NET CHANGE | |||
| Cash From Operating Activities | -2.056M | -2.946M | 308.0K |
| Cash From Investing Activities | -358.9K | -1.397M | 0.000 |
| Cash From Financing Activities | 11.73K | 547.4K | 35.72K |
| Net Change In Cash | -2.403M | -3.795M | 343.7K |
| YoY Change | -799.21% | -127.59% | -123.4% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$2.056M | -$2.946M | $308.0K |
| Capital Expenditures | -$358.9K | -$1.397M | $0.00 |
| Free Cash Flow | -$1.697M | -$1.549M | $308.0K |
| YoY Change | -651.02% | -54.97% | -116.2% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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|
pure | |
| CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
| CY2020 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
| CY2021Q4 | STXS |
Deferred Tax Assets Net Of Accounting Method Changes
DeferredTaxAssetsNetOfAccountingMethodChanges
|
USD | |
| CY2021 | us-gaap |
Income Tax Expense Benefit
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|
USD | |
| CY2020Q4 | us-gaap |
Restricted Cash Noncurrent
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|
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| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
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|
USD | |
| CY2020 | STXS |
Non Cash Interest
NonCashInterest
|
USD | |
| CY2021 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
USD | |
| CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
USD | |
| CY2020 | STXS |
Purchases Of Property And Equipment Included In Accounts Payable And Accrued Liabilities
PurchasesOfPropertyAndEquipmentIncludedInAccountsPayableAndAccruedLiabilities
|
USD | |
| CY2020Q4 | us-gaap |
Restricted Cash Current
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|
USD | |
| CY2020Q4 | us-gaap |
Restricted Cash Current
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|
USD | |
| CY2021Q4 | us-gaap |
Compensating Balance Amount
CompensatingBalanceAmount
|
USD | |
| CY2020Q4 | us-gaap |
Restricted Cash Noncurrent
RestrictedCashNoncurrent
|
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| CY2021Q4 | us-gaap |
Short Term Borrowings
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|
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| CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
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|
USD | |
| CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
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|
USD | |
| CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
USD | |
| CY2020 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
USD | |
| CY2020Q4 | STXS |
Deferred Tax Assets Net Of Accounting Method Changes
DeferredTaxAssetsNetOfAccountingMethodChanges
|
USD |
