2024 Q4 Form 10-K Financial Statement

#000147793224008431 Filed on December 31, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q2 2024
Revenue $2.429M
YoY Change 7504.57%
Cost Of Revenue $1.235M
YoY Change
Gross Profit $1.194M
YoY Change
Gross Profit Margin 49.15%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $288.5K
YoY Change 0.9%
Operating Profit $905.1K
YoY Change -456.35%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $719.0K
YoY Change
Pretax Income
YoY Change
Income Tax $352.2K
% Of Pretax Income
Net Earnings $1.272M
YoY Change 400.76%
Net Earnings / Revenue 52.37%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 2.096B shares 2.096B shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q2 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $25.94K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $3.962M
Prepaid Expenses
Receivables $0.00
Other Receivables
Total Short-Term Assets $3.988M
YoY Change 3973.03%
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
YoY Change -100.0%
TOTAL ASSETS
Total Short-Term Assets $3.988M
Total Long-Term Assets $0.00
Total Assets $3.988M
YoY Change 3939.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.692M
YoY Change 115.8%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $5.036M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $3.692M
Total Long-Term Liabilities $5.036M
Total Liabilities $8.728M
YoY Change 528.81%
SHAREHOLDERS EQUITY
Retained Earnings -$1.300M
YoY Change -53.6%
Common Stock $209.6K
YoY Change -0.01%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $3.988M
YoY Change 3939.41%

Cashflow Statement

Concept 2024 Q4 2024 Q2 2024
OPERATING ACTIVITIES
Net Income $1.272M
YoY Change 400.76%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$65.63K
YoY Change -69.07%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00
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 $35.96K
YoY Change -86.29%
NET CHANGE
Cash From Operating Activities -$65.63K
Cash From Investing Activities $0.00
Cash From Financing Activities $35.96K
Net Change In Cash $24.81K
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$65.63K
Capital Expenditures
Free Cash Flow
YoY Change

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