2022 Q4 Form 10-Q Financial Statement

#000149315222028512 Filed on October 17, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue
YoY Change
Cost Of Revenue $2.085M
YoY Change
Gross Profit -$596.7K
YoY Change
Gross Profit Margin
Selling, General & Admin $24.72K $13.93K $19.94K
YoY Change 327.66% -30.14%
% of Gross Profit
Research & Development $267.8K $6.521K
YoY Change
% of Gross Profit
Depreciation & Amortization $276.4K $327.9K
YoY Change
% of Gross Profit
Operating Expenses $24.72K $13.93K $19.94K
YoY Change 327.66% -30.16%
Operating Profit -$621.4K -$13.93K -$19.94K
YoY Change -30.16%
Interest Expense $160.00 $100.00
YoY Change
% of Operating Profit
Other Income/Expense, Net -$77.34K -$63.54K
YoY Change
Pretax Income -$24.72K -$13.93K -$19.94K
YoY Change 327.66% -30.14%
Income Tax
% Of Pretax Income
Net Earnings -$24.72K -$13.93K -$19.94K
YoY Change 327.66% -30.16%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00 $0.00
Diluted Earnings Per Share -$0.06 -$225.00 -$322.10
COMMON SHARES
Basic Shares Outstanding 61.90M shares 61.90M shares 61.90M shares
Diluted Shares Outstanding 61.90M shares 61.90M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00 $610.00
YoY Change -100.0% -100.0%
Cash & Equivalents $610.00
Short-Term Investments
Other Short-Term Assets $0.00 $10.00
YoY Change -100.0%
Inventory
Prepaid Expenses $10.00
Receivables
Other Receivables
Total Short-Term Assets $10.00 $610.00
YoY Change -98.36%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $0.00 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $10.00 $610.00
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $10.00 $610.00
YoY Change -98.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $3.830K $18.88K
YoY Change -100.0% -79.71%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $46.61K $21.90K $62.03K
YoY Change -31.27% -64.69%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $46.61K $21.90K $62.03K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $46.61K $21.90K $62.03K
YoY Change -31.27% -64.69%
SHAREHOLDERS EQUITY
Retained Earnings -$299.2K -$274.5K
YoY Change
Common Stock $252.6K $252.6K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$46.61K -$21.89K -$61.42K
YoY Change
Total Liabilities & Shareholders Equity $10.00 $610.00
YoY Change -98.36%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$24.72K -$13.93K -$19.94K
YoY Change 327.66% -30.16%
Depreciation, Depletion And Amortization $276.4K $327.9K
YoY Change
Cash From Operating Activities -$28.54K -$18.07K -$13.05K
YoY Change 24.68% 38.49%
INVESTING ACTIVITIES
Capital Expenditures $346.8K $716.1K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $41.40K $33.20K
YoY Change
Cash From Investing Activities -$305.3K -$682.9K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 28.54K $18.07K 12.85K
YoY Change 25.84% 40.65%
NET CHANGE
Cash From Operating Activities -28.54K -$18.07K -13.05K
Cash From Investing Activities -305.3K -$682.9K
Cash From Financing Activities 28.54K $18.07K 12.85K
Net Change In Cash 0.000 -200.0
YoY Change -100.0%
FREE CASH FLOW
Cash From Operating Activities -$28.54K -$18.07K -$13.05K
Capital Expenditures $346.8K $716.1K
Free Cash Flow -$375.3K -$734.2K
YoY Change

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