2021 Form 10-K Financial Statement
#000149315222010060 Filed on April 15, 2022
Income Statement
| Concept | 2021 | 2020 |
|---|---|---|
| Revenue | $472.4K | $190.3K |
| YoY Change | 148.22% | -23.87% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $8.435M | $772.9K |
| YoY Change | 991.45% | -65.58% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $75.00K | |
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $10.51M | $795.2K |
| YoY Change | 1221.37% | -63.64% |
| Operating Profit | -$10.04M | |
| YoY Change | ||
| Interest Expense | -$13.81M | -$3.451M |
| YoY Change | 300.23% | 5921.93% |
| % of Operating Profit | ||
| Other Income/Expense, Net | $186.9K | $0.00 |
| YoY Change | -100.0% | |
| Pretax Income | -$23.66M | -$4.056M |
| YoY Change | 483.36% | -17.02% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$22.75M | -$4.013M |
| YoY Change | 466.94% | -12.73% |
| Net Earnings / Revenue | -4815.23% | -2108.23% |
| Basic Earnings Per Share | -$0.37 | |
| Diluted Earnings Per Share | -$372.2K | -$134.1K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 61.13M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 | 2020 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $567.0K | $33.34K |
| YoY Change | 1600.75% | 2525.2% |
| Cash & Equivalents | $567.0K | $33.34K |
| Short-Term Investments | ||
| Other Short-Term Assets | $88.29K | $18.35K |
| YoY Change | 381.14% | -55.91% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $0.00 | $90.33K |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $655.3K | $142.0K |
| YoY Change | 361.43% | 231.13% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $480.8K | $40.00 |
| YoY Change | 1201850.0% | 0.0% |
| Other Assets | $24.77K | |
| YoY Change | ||
| Total Long-Term Assets | $4.681M | $40.00 |
| YoY Change | 11701275.0% | 33.33% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $655.3K | $142.0K |
| Total Long-Term Assets | $4.681M | $40.00 |
| Total Assets | $5.336M | $142.1K |
| YoY Change | 3656.07% | 230.99% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | $0.00 | $158.4K |
| YoY Change | -100.0% | 39.7% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $434.9K |
| YoY Change | -100.0% | -17.38% |
| Long-Term Debt Due | $0.00 | $924.8K |
| YoY Change | -100.0% | 2.89% |
| Total Short-Term Liabilities | $1.250M | $1.799M |
| YoY Change | -30.51% | -2.5% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $101.5K |
| YoY Change | -100.0% | 0.0% |
| Other Long-Term Liabilities | $474.6K | $3.968M |
| YoY Change | -88.04% | 3334.93% |
| Total Long-Term Liabilities | $474.6K | $4.070M |
| YoY Change | -88.34% | 1775.19% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $1.250M | $1.799M |
| Total Long-Term Liabilities | $474.6K | $4.070M |
| Total Liabilities | $829.8K | $5.535M |
| YoY Change | -85.01% | 212.38% |
| 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 | $4.506M | -$5.393M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $5.336M | $142.1K |
| YoY Change | 3656.07% | 230.99% |
Cashflow Statement
Facts In Submission
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|---|---|---|---|---|
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|
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Anti Dilution Modification
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