2023 Q1 Form 10-Q Financial Statement
#000114036123024507 Filed on May 15, 2023
Income Statement
| Concept | 2023 Q1 | 2022 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Cost Of Revenue | $0.00 | |
| YoY Change | -100.0% | |
| Gross Profit | $0.00 | |
| YoY Change | -100.0% | |
| Gross Profit Margin | ||
| Selling, General & Admin | $130.0K | $360.0K |
| YoY Change | -63.89% | 20.81% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $130.0K | $360.0K |
| YoY Change | -63.89% | -6.25% |
| Operating Profit | -$130.0K | -$360.0K |
| YoY Change | -63.89% | -153.18% |
| Interest Expense | $3.000K | $0.00 |
| YoY Change | -100.0% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $3.000K | -$133.0K |
| YoY Change | -102.26% | 0.0% |
| Pretax Income | -$127.0K | -$493.0K |
| YoY Change | -74.24% | -190.63% |
| Income Tax | $0.00 | $2.000K |
| % Of Pretax Income | ||
| Net Earnings | -$108.0K | -$421.0K |
| YoY Change | -74.35% | -244.18% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$0.01 | -$0.05 |
| Diluted Earnings Per Share | -$0.01 | -$0.05 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 7.842M | 7.792M |
| Diluted Shares Outstanding | 7.842M | 7.792M |
Balance Sheet
| Concept | 2023 Q1 | 2022 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $1.281M | $1.658M |
| YoY Change | -22.74% | -34.8% |
| Cash & Equivalents | $1.281M | $1.658M |
| Short-Term Investments | ||
| Other Short-Term Assets | $19.00K | $47.00K |
| YoY Change | -59.57% | -41.25% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $1.300M | $1.705M |
| YoY Change | -23.75% | -50.59% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $10.00K | $49.00K |
| YoY Change | -79.59% | -43.02% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $137.0K | $146.0K |
| YoY Change | -6.16% | -9.32% |
| Other Assets | $277.0K | $965.0K |
| YoY Change | -71.3% | -10.4% |
| Total Long-Term Assets | $287.0K | $1.475M |
| YoY Change | -80.54% | 26.83% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $1.300M | $1.705M |
| Total Long-Term Assets | $287.0K | $1.475M |
| Total Assets | $1.587M | $3.180M |
| YoY Change | -50.09% | -31.08% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $65.00K | $177.0K |
| YoY Change | -63.28% | 6.63% |
| Accrued Expenses | $12.00K | $44.00K |
| YoY Change | -72.73% | 10.0% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $247.0K | $624.0K |
| YoY Change | -60.42% | 93.79% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $11.00K | $23.00K |
| YoY Change | -52.17% | -65.67% |
| Total Long-Term Liabilities | $11.00K | $23.00K |
| YoY Change | -52.17% | -65.67% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $247.0K | $624.0K |
| Total Long-Term Liabilities | $11.00K | $23.00K |
| Total Liabilities | $258.0K | $1.025M |
| YoY Change | -74.83% | 163.5% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | -$1.818M | |
| YoY Change | ||
| Common Stock | $2.949M | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $1.131M | $2.155M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $1.587M | $3.180M |
| YoY Change | -50.09% | -31.08% |
Cashflow Statement
| Concept | 2023 Q1 | 2022 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$108.0K | -$421.0K |
| YoY Change | -74.35% | -244.18% |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | -$130.0K | -$336.0K |
| YoY Change | -61.31% | -257.01% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$126.0K | -$184.0K |
| YoY Change | -31.52% | -147.42% |
| Cash From Investing Activities | -$126.0K | -$184.0K |
| YoY Change | -31.52% | -147.42% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 0.000 | 0.000 |
| YoY Change | -100.0% | |
| NET CHANGE | ||
| Cash From Operating Activities | -130.0K | -336.0K |
| Cash From Investing Activities | -126.0K | -184.0K |
| Cash From Financing Activities | 0.000 | 0.000 |
| Net Change In Cash | -256.0K | -520.0K |
| YoY Change | -50.77% | -201.36% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$130.0K | -$336.0K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2023Q1 | us-gaap |
Accounts Receivable Related Parties Noncurrent
AccountsReceivableRelatedPartiesNoncurrent
|
140000 | |
| CY2023Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
| CY2023Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2023Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | |
| CY2023Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
| CY2023Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001089815 | |
| CY2022Q4 | us-gaap |
Accounts Receivable Related Parties Noncurrent
AccountsReceivableRelatedPartiesNoncurrent
|
15000 | |
| CY2023Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
3000 | |
| CY2022Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-133000 | |
| CY2023Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | |
| CY2022Q1 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.01 | |
| CY2023Q1 | usnu |
Renovation Installation And Operation Agreement Period
RenovationInstallationAndOperationAgreementPeriod
|
P14Y | |
| CY2022 | usnu |
Income Loss From Advances To Affiliate
IncomeLossFromAdvancesToAffiliate
|
0 | |
| CY2023Q1 | usnu |
Income Loss From Advances To Affiliate
IncomeLossFromAdvancesToAffiliate
|
0 |
