2022 Q1 Form 10-Q Financial Statement
#000121390022027105 Filed on May 16, 2022
Income Statement
| Concept | 2022 Q1 |
|---|---|
| Revenue | $0.00 |
| YoY Change | |
| Cost Of Revenue | |
| YoY Change | |
| Gross Profit | |
| YoY Change | |
| Gross Profit Margin | |
| Selling, General & Admin | $1.782M |
| YoY Change | 40.35% |
| % of Gross Profit | |
| Research & Development | $3.341M |
| YoY Change | 209.39% |
| % of Gross Profit | |
| Depreciation & Amortization | |
| YoY Change | |
| % of Gross Profit | |
| Operating Expenses | $5.124M |
| YoY Change | 118.03% |
| Operating Profit | -$5.124M |
| YoY Change | |
| Interest Expense | $0.00 |
| YoY Change | -100.0% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$13.18K |
| YoY Change | |
| Pretax Income | -$5.137M |
| YoY Change | 115.84% |
| Income Tax | $0.00 |
| % Of Pretax Income | |
| Net Earnings | -$5.137M |
| YoY Change | 115.91% |
| Net Earnings / Revenue | |
| Basic Earnings Per Share | -$0.44 |
| Diluted Earnings Per Share | -$438.7K |
| COMMON SHARES | |
| Basic Shares Outstanding | 11.71M shares |
| Diluted Shares Outstanding | 11.71M shares |
Balance Sheet
| Concept | 2022 Q1 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $30.80M |
| YoY Change | 151.2% |
| Cash & Equivalents | $30.80M |
| Short-Term Investments | |
| Other Short-Term Assets | $3.949M |
| YoY Change | 311.34% |
| Inventory | |
| Prepaid Expenses | |
| Receivables | |
| Other Receivables | |
| Total Short-Term Assets | $34.75M |
| YoY Change | 162.83% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | |
| YoY Change | |
| Goodwill | |
| YoY Change | |
| Intangibles | |
| YoY Change | |
| Long-Term Investments | |
| YoY Change | |
| Other Assets | |
| YoY Change | |
| Total Long-Term Assets | $0.00 |
| YoY Change | |
| TOTAL ASSETS | |
| Total Short-Term Assets | $34.75M |
| Total Long-Term Assets | $0.00 |
| Total Assets | $34.75M |
| YoY Change | 162.83% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | |
| YoY Change | |
| Accrued Expenses | $155.9K |
| YoY Change | -40.03% |
| Deferred Revenue | |
| YoY Change | |
| Short-Term Debt | $0.00 |
| YoY Change | |
| Long-Term Debt Due | |
| YoY Change | |
| Total Short-Term Liabilities | $2.187M |
| YoY Change | -17.16% |
| 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 | $2.187M |
| Total Long-Term Liabilities | $0.00 |
| Total Liabilities | $2.187M |
| YoY Change | -40.25% |
| 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 | $32.56M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $34.75M |
| YoY Change | 162.83% |
Cashflow Statement
| Concept | 2022 Q1 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$5.137M |
| YoY Change | 115.91% |
| Depreciation, Depletion And Amortization | |
| YoY Change | |
| Cash From Operating Activities | -$6.045M |
| YoY Change | 96.26% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | |
| YoY Change | |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | |
| YoY Change | |
| Cash From Investing Activities | |
| 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 | |
| YoY Change | |
| NET CHANGE | |
| Cash From Operating Activities | -6.045M |
| Cash From Investing Activities | |
| Cash From Financing Activities | |
| Net Change In Cash | $0.00 |
| YoY Change | -100.0% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$6.045M |
| Capital Expenditures | |
| Free Cash Flow | |
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Entity Central Index Key
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Other Income
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Other Noncash Expense
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|
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Repayments Of Notes Payable
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|
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Proceeds From Related Party Debt
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|
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Repayments Of Related Party Debt
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Payments Of Financing Costs
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|
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Income Taxes Paid Net
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Other Prepaid Expense Current
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Insurance Premiums
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Accrued Professional Fees Current
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|
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