2019 Form 10-K Financial Statement
#000164033420002621 Filed on October 22, 2020
Income Statement
| Concept | 2019 |
|---|---|
| Revenue | $12.04K |
| YoY Change | -83.72% |
| Cost Of Revenue | $23.14K |
| YoY Change | -73.14% |
| Gross Profit | -$11.10K |
| YoY Change | -9.02% |
| Gross Profit Margin | -92.19% |
| Selling, General & Admin | $162.9K |
| YoY Change | -60.87% |
| % of Gross Profit | |
| Research & Development | |
| YoY Change | |
| % of Gross Profit | |
| Depreciation & Amortization | $6.020K |
| YoY Change | -67.67% |
| % of Gross Profit | |
| Operating Expenses | $162.9K |
| YoY Change | -60.87% |
| Operating Profit | -$174.0K |
| YoY Change | -59.39% |
| Interest Expense | |
| YoY Change | |
| % of Operating Profit | |
| Other Income/Expense, Net | $302.7K |
| YoY Change | 115.52% |
| Pretax Income | $128.7K |
| YoY Change | -144.69% |
| Income Tax | $0.00 |
| % Of Pretax Income | 0.0% |
| Net Earnings | $94.26K |
| YoY Change | -130.82% |
| Net Earnings / Revenue | 782.89% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | $819.40 |
| COMMON SHARES | |
| Basic Shares Outstanding | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2019 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $10.66K |
| YoY Change | 6.28% |
| Cash & Equivalents | $10.66K |
| Short-Term Investments | |
| Other Short-Term Assets | $970.00 |
| YoY Change | -40.12% |
| Inventory | $0.00 |
| Prepaid Expenses | |
| Receivables | $0.00 |
| Other Receivables | $0.00 |
| Total Short-Term Assets | $11.64K |
| YoY Change | -54.01% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $0.00 |
| YoY Change | -100.0% |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $0.00 |
| YoY Change | -100.0% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $11.64K |
| Total Long-Term Assets | $0.00 |
| Total Assets | $11.64K |
| YoY Change | -62.99% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $1.563M |
| YoY Change | -2.42% |
| Accrued Expenses | $76.49K |
| YoY Change | 97.19% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | $190.00 |
| YoY Change | -92.28% |
| Total Short-Term Liabilities | $2.232M |
| YoY Change | -8.76% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | -100.0% |
| Other Long-Term Liabilities | |
| YoY Change | |
| Total Long-Term Liabilities | $0.00 |
| YoY Change | -100.0% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $2.232M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $1.706M |
| YoY Change | -9.55% |
| 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 | -$1.694M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $11.64K |
| YoY Change | -62.99% |
Cashflow Statement
| Concept | 2019 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | $94.26K |
| YoY Change | -130.82% |
| Depreciation, Depletion And Amortization | $6.020K |
| YoY Change | -67.67% |
| Cash From Operating Activities | $40.70K |
| YoY Change | -179.6% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | $0.00 |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | $0.00 |
| YoY Change | |
| Cash From Investing Activities | $0.00 |
| 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 | -2.410K |
| YoY Change | -50.51% |
| NET CHANGE | |
| Cash From Operating Activities | 40.70K |
| Cash From Investing Activities | 0.000 |
| Cash From Financing Activities | -2.410K |
| Net Change In Cash | 38.29K |
| YoY Change | -168.38% |
| FREE CASH FLOW | |
| Cash From Operating Activities | $40.70K |
| Capital Expenditures | $0.00 |
| Free Cash Flow | $40.70K |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
| CY2020 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
| CY2019Q4 | dei |
Entity Public Float
EntityPublicFloat
|
998925.68 | USD |
| CY2020Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
0 | USD |
| CY2019Q2 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
0 | USD |
| CY2019Q2 | us-gaap |
Loans Payable To Bank Current
LoansPayableToBankCurrent
|
193 | USD |
| CY2019Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
115038909 | shares |
| CY2020Q2 | us-gaap |
Minority Interest
MinorityInterest
|
-537712 | USD |
| CY2019Q2 | us-gaap |
Minority Interest
MinorityInterest
|
-526967 | USD |
| CY2019 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
23141 | USD |
| CY2019 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
162886 | USD |
| CY2019 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-173991 | USD |
| CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-298657 | USD |
| CY2020 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-73442 | USD |
| CY2020 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.0026 | |
| CY2019 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
246105 | USD |
| CY2020 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
| CY2019 | us-gaap |
Stock Issued1
StockIssued1
|
0 | USD |
| CY2019 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-459 | USD |
| CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
828 | USD |
| CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-828 | USD |
| CY2019 | us-gaap |
Proceeds From Bank Debt
ProceedsFromBankDebt
|
0 | USD |
| CY2020 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-202781 | USD |
| CY2019 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
38291 | USD |
| CY2020 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12000 | USD |
| CY2019Q2 | vrdr |
Imprest Charges On Hire Purchase Loans Payable To Banks
ImprestChargesOnHirePurchaseLoansPayableToBanks
|
1 | USD |
