2021 Q1 Form 10-Q Financial Statement
#000168316821002082 Filed on May 18, 2021
Income Statement
| Concept | 2021 Q1 | 2020 Q4 |
|---|---|---|
| Revenue | $1.060M | $1.310M |
| YoY Change | 221.21% | 74.67% |
| Cost Of Revenue | $250.0K | $1.240M |
| YoY Change | 8.7% | 93.75% |
| Gross Profit | $820.0K | $80.00K |
| YoY Change | 645.45% | -27.27% |
| Gross Profit Margin | 77.36% | 6.11% |
| Selling, General & Admin | $7.540M | $10.46M |
| YoY Change | 301.06% | 388.79% |
| % of Gross Profit | 919.51% | 13075.0% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $270.0K | $580.0K |
| YoY Change | 12.5% | 31.82% |
| % of Gross Profit | 32.93% | 725.0% |
| Operating Expenses | $7.530M | $10.45M |
| YoY Change | 302.67% | 388.32% |
| Operating Profit | -$6.710M | -$10.37M |
| YoY Change | 281.25% | 410.84% |
| Interest Expense | -$10.00K | -$10.00K |
| YoY Change | -98.61% | -90.91% |
| % of Operating Profit | ||
| Other Income/Expense, Net | -$69.53M | -$180.0K |
| YoY Change | 1975.52% | 157.14% |
| Pretax Income | -$76.26M | -$10.57M |
| YoY Change | 1205.82% | 380.45% |
| Income Tax | $0.00 | $0.00 |
| % Of Pretax Income | ||
| Net Earnings | -$76.26M | -$10.57M |
| YoY Change | 1205.82% | 380.45% |
| Net Earnings / Revenue | -7194.34% | -806.87% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$265.5K | -$42.89K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q1 | 2020 Q4 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $143.6M | $100.5M |
| YoY Change | 5028.57% | 33400.0% |
| Cash & Equivalents | $143.6M | $100.5M |
| Short-Term Investments | ||
| Other Short-Term Assets | $8.200M | $6.400M |
| YoY Change | 1950.0% | 3100.0% |
| Inventory | $0.00 | |
| Prepaid Expenses | ||
| Receivables | $7.400M | $1.700M |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $159.2M | $108.6M |
| YoY Change | 1476.24% | 2260.87% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $2.600M | $2.100M |
| YoY Change | -35.0% | -48.78% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $1.300M | $1.300M |
| YoY Change | ||
| Other Assets | $100.0K | $0.00 |
| YoY Change | -75.0% | -100.0% |
| Total Long-Term Assets | $46.60M | $25.60M |
| YoY Change | 89.43% | 3.23% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $159.2M | $108.6M |
| Total Long-Term Assets | $46.60M | $25.60M |
| Total Assets | $205.8M | $134.2M |
| YoY Change | 493.08% | 356.46% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $8.000M | $800.0K |
| YoY Change | 900.0% | -11.11% |
| Accrued Expenses | $112.9K | $408.5K |
| YoY Change | -90.59% | -59.15% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $15.30M | $7.200M |
| YoY Change | -20.73% | -13.25% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $700.0K | $1.100M |
| YoY Change | -69.57% | -64.52% |
| Other Long-Term Liabilities | $14.10M | $6.700M |
| YoY Change | 62.07% | -24.72% |
| Total Long-Term Liabilities | $14.80M | $7.800M |
| YoY Change | 34.55% | -35.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $15.30M | $7.200M |
| Total Long-Term Liabilities | $14.80M | $7.800M |
| Total Liabilities | $30.10M | $15.00M |
| YoY Change | -0.66% | -26.11% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$469.6M | |
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $175.7M | $119.2M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $205.8M | $134.2M |
| YoY Change | 493.08% | 356.46% |
Cashflow Statement
| Concept | 2021 Q1 | 2020 Q4 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$76.26M | -$10.57M |
| YoY Change | 1205.82% | 380.45% |
| Depreciation, Depletion And Amortization | $270.0K | $580.0K |
| YoY Change | 12.5% | 31.82% |
| Cash From Operating Activities | -$5.860M | -$2.520M |
| YoY Change | 486.0% | 56.52% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$20.00K | -$50.00K |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$8.040M | -$800.0K |
| YoY Change | ||
| Cash From Investing Activities | -$8.060M | -$850.0K |
| 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 | 57.07M | 53.37M |
| YoY Change | 1554.2% | 4037.21% |
| NET CHANGE | ||
| Cash From Operating Activities | -5.860M | -2.520M |
| Cash From Investing Activities | -8.060M | -850.0K |
| Cash From Financing Activities | 57.07M | 53.37M |
| Net Change In Cash | 43.15M | 50.00M |
| YoY Change | 1661.22% | -15725.0% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$5.860M | -$2.520M |
| Capital Expenditures | -$20.00K | -$50.00K |
| Free Cash Flow | -$5.840M | -$2.470M |
| YoY Change | 484.0% | 53.42% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2021Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
562705 | USD |
| CY2020Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
428922 | USD |
| CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
112919 | USD |
| CY2020Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
408459 | USD |
