2021 Form 10-K Financial Statement
#000149315222008546 Filed on March 31, 2022
Income Statement
| Concept | 2021 | 2020 Q4 | 2020 |
|---|---|---|---|
| Revenue | $0.00 | ||
| YoY Change | |||
| Cost Of Revenue | $0.00 | ||
| YoY Change | |||
| Gross Profit | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Gross Profit Margin | |||
| Selling, General & Admin | $21.46M | $1.320M | $4.320M |
| YoY Change | 396.67% | 91.3% | 27.06% |
| % of Gross Profit | |||
| Research & Development | $6.745M | $1.820M | $7.960M |
| YoY Change | -15.26% | ||
| % of Gross Profit | |||
| Depreciation & Amortization | $0.00 | $0.00 | $30.00K |
| YoY Change | -100.0% | -100.0% | -57.14% |
| % of Gross Profit | |||
| Operating Expenses | $28.81M | $3.150M | $12.28M |
| YoY Change | 134.61% | 356.52% | 262.24% |
| Operating Profit | -$28.81M | -$3.150M | -$12.28M |
| YoY Change | 134.61% | 356.52% | 262.24% |
| Interest Expense | $5.710K | $40.00K | $170.0K |
| YoY Change | -96.64% | 100.0% | 70.0% |
| % of Operating Profit | |||
| Other Income/Expense, Net | -$1.079M | ||
| YoY Change | |||
| Pretax Income | -$29.89M | -$3.110M | -$12.15M |
| YoY Change | 146.0% | 357.35% | 259.47% |
| Income Tax | $0.00 | ||
| % Of Pretax Income | |||
| Net Earnings | -$29.89M | -$3.290M | -$17.58M |
| YoY Change | 70.02% | 145.52% | 351.93% |
| Net Earnings / Revenue | |||
| Basic Earnings Per Share | -$0.85 | ||
| Diluted Earnings Per Share | -$853.6K | -$503.1K | -$4.980M |
| COMMON SHARES | |||
| Basic Shares Outstanding | 35.02M shares | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 Q4 | 2020 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $11.56M | $35.34M | $35.34M |
| YoY Change | -67.29% | 265.08% | 265.08% |
| Cash & Equivalents | $556.0K | $148.3K | |
| Short-Term Investments | $11.00M | $16.72M | $16.72M |
| Other Short-Term Assets | $1.106M | $300.0K | $300.0K |
| YoY Change | 268.78% | -23.08% | -23.08% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | |||
| Other Receivables | |||
| Total Short-Term Assets | $12.67M | $36.84M | $36.84M |
| YoY Change | -65.62% | 257.32% | 257.32% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $149.0K | ||
| YoY Change | |||
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $1.500M | ||
| YoY Change | |||
| Other Assets | $0.00 | $0.00 | |
| YoY Change | -100.0% | -100.0% | |
| Total Long-Term Assets | $12.15M | $0.00 | $0.00 |
| YoY Change | -100.0% | -100.0% | |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $12.67M | $36.84M | $36.84M |
| Total Long-Term Assets | $12.15M | $0.00 | $0.00 |
| Total Assets | $24.81M | $36.84M | $36.84M |
| YoY Change | -32.65% | 238.6% | 238.6% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $867.5K | $2.200M | $2.200M |
| YoY Change | -60.57% | 233.33% | 233.33% |
| Accrued Expenses | $172.4K | ||
| YoY Change | |||
| Deferred Revenue | |||
| YoY Change | |||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $0.00 | ||
| YoY Change | |||
| Total Short-Term Liabilities | $1.040M | $2.260M | $2.260M |
| YoY Change | -53.99% | 47.71% | 47.71% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Other Long-Term Liabilities | $125.9K | ||
| YoY Change | |||
| Total Long-Term Liabilities | $125.9K | $0.00 | $0.00 |
| YoY Change | |||
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.040M | $2.260M | $2.260M |
| Total Long-Term Liabilities | $125.9K | $0.00 | $0.00 |
| Total Liabilities | $1.166M | $2.260M | $2.260M |
| YoY Change | -48.42% | 47.71% | 47.71% |
| 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 | $23.65M | -$5.257M | $34.58M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $24.81M | $36.84M | $36.84M |
| YoY Change | -32.65% | 238.6% | 238.6% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
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