2022 Q1 Form 10-Q Financial Statement
#000149315222016206 Filed on June 08, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $3.839M | $12.87M |
| YoY Change | -70.16% | 116.92% |
| Cost Of Revenue | $1.660M | $6.077M |
| YoY Change | -72.68% | 107.22% |
| Gross Profit | $2.179M | $6.791M |
| YoY Change | -67.91% | 126.4% |
| Gross Profit Margin | 56.76% | 52.78% |
| Selling, General & Admin | $2.894M | $5.629M |
| YoY Change | -48.58% | 56.08% |
| % of Gross Profit | 132.81% | 82.88% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $150.6K | $192.0K |
| YoY Change | -21.58% | -21.28% |
| % of Gross Profit | 6.91% | 2.83% |
| Operating Expenses | $3.045M | $5.821M |
| YoY Change | -47.69% | 51.18% |
| Operating Profit | -$865.6K | $970.7K |
| YoY Change | -189.18% | -214.12% |
| Interest Expense | -$122.3K | -$304.9K |
| YoY Change | -59.88% | -49.59% |
| % of Operating Profit | -31.41% | |
| Other Income/Expense, Net | $33.95K | $57.75K |
| YoY Change | -41.21% | -350.43% |
| Pretax Income | -$954.0K | $1.971M |
| YoY Change | -148.4% | -233.34% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$774.4K | $918.1K |
| YoY Change | -184.34% | -167.15% |
| Net Earnings / Revenue | -20.17% | 7.13% |
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | -$598.40 | $739.30 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 12.94M shares | |
| Diluted Shares Outstanding | 12.94M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $172.3K | $1.337M |
| YoY Change | -87.11% | 166.33% |
| Cash & Equivalents | $172.3K | |
| Short-Term Investments | $141.6K | |
| Other Short-Term Assets | $366.6K | $783.9K |
| YoY Change | -53.23% | 79.71% |
| Inventory | $3.727M | $5.796M |
| Prepaid Expenses | ||
| Receivables | $51.49K | $432.1K |
| Other Receivables | $838.0K | $0.00 |
| Total Short-Term Assets | $5.155M | $8.349M |
| YoY Change | -38.25% | 68.85% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $8.845M | $11.13M |
| YoY Change | -20.53% | -12.73% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $518.7K | $508.8K |
| YoY Change | 1.95% | -55.2% |
| Total Long-Term Assets | $10.95M | $13.84M |
| YoY Change | -20.91% | -17.31% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $5.155M | $8.349M |
| Total Long-Term Assets | $10.95M | $13.84M |
| Total Assets | $16.10M | $22.19M |
| YoY Change | -27.44% | 2.34% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $5.303M | $3.251M |
| YoY Change | 63.11% | 4.05% |
| Accrued Expenses | $1.561M | $3.347M |
| YoY Change | -53.36% | 135.54% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Long-Term Debt Due | $3.488M | $1.540M |
| YoY Change | 126.53% | -3.64% |
| Total Short-Term Liabilities | $14.45M | $12.91M |
| YoY Change | 11.95% | 1.09% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $2.801M | $5.646M |
| YoY Change | -50.39% | 57.84% |
| Other Long-Term Liabilities | $5.700M | $6.655M |
| YoY Change | -14.34% | -17.26% |
| Total Long-Term Liabilities | $8.502M | $12.30M |
| YoY Change | -30.89% | 5.86% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $14.45M | $12.91M |
| Total Long-Term Liabilities | $8.502M | $12.30M |
| Total Liabilities | $24.43M | $26.86M |
| YoY Change | -9.06% | 4.92% |
| 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 | -$8.328M | -$4.672M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $16.10M | $22.19M |
| YoY Change | -27.44% | 2.34% |
Cashflow Statement
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Treasury Stock Retired Par Value Method Amount
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|
USD | |
| CY2022Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
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| CY2022Q1 | us-gaap |
Unrealized Gain Loss On Investments
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| CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
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| CY2021Q1 | us-gaap |
Increase Decrease In Other Receivables
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| CY2022Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
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| CY2022Q1 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
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| CY2022Q1 | us-gaap |
Payments To Acquire Intangible Assets
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| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
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| CY2022Q1 | us-gaap |
Proceeds From Repayments Of Other Long Term Debt
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|
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| CY2022Q1 | us-gaap |
Proceeds From Related Party Debt
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|
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| CY2021Q1 | VYST |
Contract With Customer Liability Gift Cards
ContractWithCustomerLiabilityGiftCards
|
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| CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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|
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| CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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|
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| CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
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|
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| CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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|
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| CY2022Q1 | us-gaap |
Finance Lease Liability Payments Due After Year Five
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|
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| CY2021Q1 | us-gaap |
Proceeds From Repayments Of Related Party Debt
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|
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| CY2022Q1 | us-gaap |
Stock Issued1
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| CY2022Q1 | VYST |
Common Stock Issued For Settlement Of Related Party Line Of Credit
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| CY2022Q1 | VYST |
Common Stock Issued For Cash Received In Prior Period
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| CY2022Q1 | VYST |
Common Stock Issued For Preferred Stock
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| CY2022Q1 | VYST |
Prepaid Expenses With Common Stock
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| CY2021Q1 | VYST |
Treasury Stock Acquired At Par Value
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|
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| CY2022Q1 | us-gaap |
Convertible Notes Payable
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|
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| CY2021Q4 | us-gaap |
Convertible Notes Payable
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|
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| CY2022Q1 | VYST |
Initial Measurement Of Liabilities
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|
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| CY2022Q1 | us-gaap |
Deferred Tax Assets Net
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| CY2021Q4 | us-gaap |
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