2021 Q3 Form 10-Q Financial Statement
#000155278121000761 Filed on November 02, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $358.3K | $195.4K |
| YoY Change | 83.42% | -39.51% |
| Cost Of Revenue | $127.4K | $58.93K |
| YoY Change | 116.22% | -26.78% |
| Gross Profit | $230.9K | $136.4K |
| YoY Change | 69.26% | -43.74% |
| Gross Profit Margin | 64.44% | 69.83% |
| Selling, General & Admin | $203.5K | |
| YoY Change | -14.03% | |
| % of Gross Profit | 149.14% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $11.30K | $2.740K |
| YoY Change | 312.23% | -80.09% |
| % of Gross Profit | 4.89% | 2.01% |
| Operating Expenses | $231.6K | $206.2K |
| YoY Change | 12.31% | -17.67% |
| Operating Profit | -$664.00 | -$69.76K |
| YoY Change | -99.05% | 778.59% |
| Interest Expense | $4.574K | -$2.310K |
| YoY Change | -298.01% | -2987.5% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$9.866K | -$72.08K |
| YoY Change | -86.31% | 818.22% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$9.866K | -$72.08K |
| YoY Change | -86.31% | 818.22% |
| Net Earnings / Revenue | -2.75% | -36.9% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$3.100K | |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $284.3K | |
| YoY Change | -7.16% | |
| Cash & Equivalents | $442.1K | $284.3K |
| Short-Term Investments | ||
| Other Short-Term Assets | $4.230K | |
| YoY Change | 63.95% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $51.97K | |
| Other Receivables | $0.00 | |
| Total Short-Term Assets | $340.5K | |
| YoY Change | -12.42% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $144.5K | |
| YoY Change | -29.4% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $19.36K | |
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $163.8K | |
| YoY Change | -19.94% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $340.5K | |
| Total Long-Term Assets | $163.8K | |
| Total Assets | $504.3K | |
| YoY Change | -15.02% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $299.4K | |
| YoY Change | -6.27% | |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $26.52K | |
| YoY Change | ||
| Long-Term Debt Due | $8.730K | |
| YoY Change | -56.97% | |
| Total Short-Term Liabilities | $339.7K | |
| YoY Change | -0.01% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $20.60K | |
| YoY Change | -35.87% | |
| Other Long-Term Liabilities | $76.28K | |
| YoY Change | ||
| Total Long-Term Liabilities | $96.88K | |
| YoY Change | 201.62% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $339.7K | |
| Total Long-Term Liabilities | $96.88K | |
| Total Liabilities | $436.6K | |
| YoY Change | 17.4% | |
| 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 | $32.57K | $67.72K |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $504.3K | |
| YoY Change | -15.02% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$9.866K | -$72.08K |
| YoY Change | -86.31% | 818.22% |
| Depreciation, Depletion And Amortization | $11.30K | $2.740K |
| YoY Change | 312.23% | -80.09% |
| Cash From Operating Activities | $1.150K | |
| YoY Change | -100.29% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$260.00 | |
| YoY Change | -64.38% | |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$20.00K | |
| YoY Change | ||
| Cash From Investing Activities | -$20.26K | |
| YoY Change | 2675.34% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 99.96K | |
| YoY Change | 1602.9% | |
| NET CHANGE | ||
| Cash From Operating Activities | 1.150K | |
| Cash From Investing Activities | -20.26K | |
| Cash From Financing Activities | 99.96K | |
| Net Change In Cash | 80.85K | |
| YoY Change | -120.95% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.150K | |
| Capital Expenditures | -$260.00 | |
| Free Cash Flow | $1.410K | |
| YoY Change | -100.36% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
| us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
USD | ||
| us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
USD | ||
| us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
USD | ||
| us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
USD | ||
| us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
USD | ||
| upay |
Cash Paid For Purchase Of Shares Of Miway Finance
CashPaidForPurchaseOfSharesOfMiwayFinance
|
USD | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
USD | ||
| CY2021Q3 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | USD |
| CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
USD | |
| CY2021Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
USD | |
| CY2021Q3 | upay |
Common Stock Subscribed
CommonStockSubscribed
|
USD | |
| CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD |
