2021 Q1 Form 10-Q Financial Statement
#000078332421000011 Filed on April 30, 2021
Income Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
Revenue | $0.00 | $0.00 |
YoY Change | ||
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $1.315M | $1.376M |
YoY Change | -4.43% | 19.97% |
% of Gross Profit | ||
Research & Development | $1.751M | $948.0K |
YoY Change | 84.7% | 0.21% |
% of Gross Profit | ||
Depreciation & Amortization | $11.00K | $12.00K |
YoY Change | -8.33% | 0.0% |
% of Gross Profit | ||
Operating Expenses | $3.077M | $2.336M |
YoY Change | 31.72% | 10.97% |
Operating Profit | ||
YoY Change | ||
Interest Expense | -$29.00K | -$1.119M |
YoY Change | -97.41% | 92.27% |
% of Operating Profit | ||
Other Income/Expense, Net | -$22.00K | -$1.164M |
YoY Change | -98.11% | -3425.71% |
Pretax Income | -$3.099M | -$3.500M |
YoY Change | -11.46% | 31.98% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$3.099M | -$3.500M |
YoY Change | -11.46% | 31.98% |
Net Earnings / Revenue | ||
Basic Earnings Per Share | -$0.03 | -$0.03 |
Diluted Earnings Per Share | -$0.03 | -$0.03 |
COMMON SHARES | ||
Basic Shares Outstanding | 103.5M | 100.7M |
Diluted Shares Outstanding | 103.5M | 100.7M |
Balance Sheet
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $7.416M | $5.472M |
YoY Change | 35.53% | -51.26% |
Cash & Equivalents | $7.153M | $2.264M |
Short-Term Investments | $263.0K | $3.208M |
Other Short-Term Assets | $656.0K | $336.0K |
YoY Change | 95.24% | -28.51% |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $8.072M | $5.808M |
YoY Change | 38.98% | -50.35% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.632M | $7.820M |
YoY Change | -27.98% | -2.82% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $7.807M | $7.820M |
YoY Change | -0.17% | -2.82% |
TOTAL ASSETS | ||
Total Short-Term Assets | $8.072M | $5.808M |
Total Long-Term Assets | $7.807M | $7.820M |
Total Assets | $15.88M | $13.63M |
YoY Change | 16.52% | -30.98% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $176.0K | $128.0K |
YoY Change | 37.5% | -55.71% |
Accrued Expenses | $857.0K | $758.0K |
YoY Change | 13.06% | 58.58% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $2.201M | $886.0K |
YoY Change | 148.42% | -12.19% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $25.00K | $3.206M |
YoY Change | -99.22% | 4988.89% |
Total Long-Term Liabilities | $265.0K | $3.206M |
YoY Change | -91.73% | 4988.89% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.201M | $886.0K |
Total Long-Term Liabilities | $265.0K | $3.206M |
Total Liabilities | $2.466M | $4.092M |
YoY Change | -39.74% | 281.72% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$447.7M | |
YoY Change | ||
Common Stock | $461.2M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $13.41M | $9.536M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $15.88M | $13.63M |
YoY Change | 16.52% | -30.98% |
Cashflow Statement
Concept | 2021 Q1 | 2020 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$3.099M | -$3.500M |
YoY Change | -11.46% | 31.98% |
Depreciation, Depletion And Amortization | $11.00K | $12.00K |
YoY Change | -8.33% | 0.0% |
Cash From Operating Activities | -$2.525M | -$1.743M |
YoY Change | 44.87% | -0.85% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $0.00 | |
YoY Change | -100.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $1.500M | $2.599M |
YoY Change | -42.29% | 139.54% |
Cash From Investing Activities | $1.500M | $2.599M |
YoY Change | -42.29% | 148.71% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $610.0K | |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 416.0K | 0.000 |
YoY Change | -100.0% | |
NET CHANGE | ||
Cash From Operating Activities | -2.525M | -1.743M |
Cash From Investing Activities | 1.500M | 2.599M |
Cash From Financing Activities | 416.0K | 0.000 |
Net Change In Cash | -609.0K | 856.0K |
YoY Change | -171.14% | -223.52% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$2.525M | -$1.743M |
Capital Expenditures | $0.00 | |
Free Cash Flow | -$1.743M | |
YoY Change | 1.46% |
Facts In Submission
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CY2020Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2264000 | |
CY2020Q4 | us-gaap |
Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
|
400000 | |
CY2021Q1 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
263000 | |
CY2020Q4 | us-gaap |
Equity Securities Fv Ni
EquitySecuritiesFvNi
|
293000 | |
CY2021Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11139000 | |
CY2021Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5507000 | |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5632000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11139000 | |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5496000 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5643000 | |
CY2021Q1 | vgz |
Percentage Of Issued And Outstanding Common Shares For Stock Based Compensation Plan
PercentageOfIssuedAndOutstandingCommonSharesForStockBasedCompensationPlan
|
0.10 | |
CY2021Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
421000 | |
CY2020Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
390000 | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1437000 | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.73 | |
CY2019 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y5M26D | |
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
35000 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
50000 | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.51 | |
CY2020 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
50000 | |
CY2020 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.75 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
9000 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
70000 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
1.02 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageIntrinsicValue
|
0 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1367000 | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.71 | |
CY2020 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y7M17D | |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
507000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1367000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.71 | |
CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y4M20D | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
479000 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1333667 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.71 | |
CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P2Y4M13D | |
CY2021Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
467000 | |
CY2021Q1 | us-gaap |
Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
|
240000 | |
CY2021Q1 | vgz |
Fair Value Transfers Between Levels
FairValueTransfersBetweenLevels
|
0 | |
CY2021Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | |
CY2020Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
0 | |
CY2021Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
0 |