2022 Q1 Form 10-Q Financial Statement

#000141057822001463 Filed on May 13, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q1
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $3.652M
YoY Change
Gross Profit $245.0K
YoY Change
Gross Profit Margin
Selling, General & Admin $7.522M
YoY Change
% of Gross Profit 3070.2%
Research & Development $3.329M
YoY Change
% of Gross Profit 1358.78%
Depreciation & Amortization $1.642M
YoY Change
% of Gross Profit 670.2%
Operating Expenses $1.139M $1.250M
YoY Change -8.89%
Operating Profit -$1.139M -$1.253M
YoY Change -9.11%
Interest Expense $7.710K $40.00K
YoY Change -80.73%
% of Operating Profit
Other Income/Expense, Net $80.41K -$10.27M
YoY Change -100.78%
Pretax Income -$1.058M -$11.52M
YoY Change -90.81%
Income Tax
% Of Pretax Income
Net Earnings -$1.058M -$11.52M
YoY Change -90.82%
Net Earnings / Revenue
Basic Earnings Per Share -$1.85
Diluted Earnings Per Share -$60.68K -$400.7K
COMMON SHARES
Basic Shares Outstanding 13.95M
Diluted Shares Outstanding 6.749M

Balance Sheet

Concept 2022 Q1 2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $0.00
YoY Change
Cash & Equivalents $0.00 $27.48K
Short-Term Investments
Other Short-Term Assets $109.8K $300.0K
YoY Change -63.4%
Inventory
Prepaid Expenses $109.8K
Receivables
Other Receivables
Total Short-Term Assets $109.8K $300.0K
YoY Change -63.4%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $82.58M $230.1M
YoY Change -64.11%
Other Assets
YoY Change
Total Long-Term Assets $82.58M $230.2M
YoY Change -64.13%
TOTAL ASSETS
Total Short-Term Assets $109.8K $300.0K
Total Long-Term Assets $82.58M $230.2M
Total Assets $82.69M $230.5M
YoY Change -64.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.750M $1.300M
YoY Change 419.19%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.569M $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $8.408M $1.300M
YoY Change 546.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $20.74M $43.90M
YoY Change -52.75%
Total Long-Term Liabilities $20.74M $43.90M
YoY Change -52.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.408M $1.300M
Total Long-Term Liabilities $20.74M $43.90M
Total Liabilities $29.15M $45.20M
YoY Change -35.51%
SHAREHOLDERS EQUITY
Retained Earnings -$28.88M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$28.88M -$44.70M
YoY Change
Total Liabilities & Shareholders Equity $82.69M $230.5M
YoY Change -64.13%

Cashflow Statement

Concept 2022 Q1 2021 Q1
OPERATING ACTIVITIES
Net Income -$1.058M -$11.52M
YoY Change -90.82%
Depreciation, Depletion And Amortization $1.642M
YoY Change
Cash From Operating Activities -$646.7K -$764.9K
YoY Change -15.46%
INVESTING ACTIVITIES
Capital Expenditures $13.00K
YoY Change
Acquisitions
YoY Change
Other Investing Activities $147.6M
YoY Change
Cash From Investing Activities $147.6M
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $200.0K
YoY Change
Cash From Financing Activities -146.9M
YoY Change
NET CHANGE
Cash From Operating Activities -646.7K -764.9K
Cash From Investing Activities 147.6M
Cash From Financing Activities -146.9M
Net Change In Cash -8.390K -764.9K
YoY Change -98.9%
FREE CASH FLOW
Cash From Operating Activities -$646.7K -$764.9K
Capital Expenditures $13.00K
Free Cash Flow -$659.7K
YoY Change

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