2021 Q3 Form 10-Q Financial Statement
#000149315221027835 Filed on November 10, 2021
Income Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| Revenue | $2.200K | |
| YoY Change | ||
| Cost Of Revenue | $400.00 | |
| YoY Change | ||
| Gross Profit | $1.800K | |
| YoY Change | ||
| Gross Profit Margin | 81.82% | |
| Selling, General & Admin | $298.9K | $350.1K |
| YoY Change | -14.61% | |
| % of Gross Profit | 19449.44% | |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | -$290.00 | $720.00 |
| YoY Change | -140.28% | |
| % of Gross Profit | 40.0% | |
| Operating Expenses | $298.9K | $350.1K |
| YoY Change | -14.61% | |
| Operating Profit | -$298.9K | -$348.3K |
| YoY Change | -14.17% | |
| Interest Expense | ||
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$298.9K | -$348.3K |
| YoY Change | -14.17% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$298.9K | -$348.3K |
| YoY Change | -14.17% | |
| Net Earnings / Revenue | -15831.82% | |
| Basic Earnings Per Share | $0.00 | |
| Diluted Earnings Per Share | -$2.141K | -$2.499K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 139.9M shares | |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $4.520K | $60.71K |
| YoY Change | -92.55% | |
| Cash & Equivalents | $4.517K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $1.580K | $0.00 |
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $1.950K | |
| Other Receivables | $0.00 | $0.00 |
| Total Short-Term Assets | $6.100K | $62.66K |
| YoY Change | -90.26% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $4.220K | $5.590K |
| YoY Change | -24.51% | |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | ||
| YoY Change | ||
| Total Long-Term Assets | $7.810K | $10.79K |
| YoY Change | -27.62% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $6.100K | $62.66K |
| Total Long-Term Assets | $7.810K | $10.79K |
| Total Assets | $13.91K | $73.45K |
| YoY Change | -81.06% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $51.79K | $57.28K |
| YoY Change | -9.58% | |
| Accrued Expenses | $2.150M | $1.094M |
| YoY Change | 96.57% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $628.8K | $502.3K |
| YoY Change | 25.19% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $2.831M | $1.654M |
| YoY Change | 71.21% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $2.790K | $4.300K |
| YoY Change | -35.12% | |
| Total Long-Term Liabilities | $2.790K | $4.300K |
| YoY Change | -35.12% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.831M | $1.654M |
| Total Long-Term Liabilities | $2.790K | $4.300K |
| Total Liabilities | $2.834M | $1.658M |
| YoY Change | 70.94% | |
| 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 | -$2.820M | -$1.584M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $13.91K | $73.45K |
| YoY Change | -81.06% |
Cashflow Statement
| Concept | 2021 Q3 | 2020 Q3 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$298.9K | -$348.3K |
| YoY Change | -14.17% | |
| Depreciation, Depletion And Amortization | -$290.00 | $720.00 |
| YoY Change | -140.28% | |
| Cash From Operating Activities | -$44.69K | -$55.79K |
| YoY Change | -19.9% | |
| 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 | 48.95K | 115.4K |
| YoY Change | -57.59% | |
| NET CHANGE | ||
| Cash From Operating Activities | -44.69K | -55.79K |
| Cash From Investing Activities | ||
| Cash From Financing Activities | 48.95K | 115.4K |
| Net Change In Cash | 4.260K | 59.64K |
| YoY Change | -92.86% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$44.69K | -$55.79K |
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| us-gaap |
Gross Profit
GrossProfit
|
USD | ||
| CY2021Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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| CY2020Q4 | us-gaap |
Preferred Stock Value
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|
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| CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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| us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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| CY2021Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
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| us-gaap |
Professional Fees
ProfessionalFees
|
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| us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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| CY2020Q2 | WBST |
Dividend Common Stock Stock
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|
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| us-gaap |
Proceeds From Issuance Of Common Stock
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|
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| us-gaap |
Interest Paid Net
InterestPaidNet
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Interest Paid Net
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Income Taxes Paid Net
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Income Taxes Paid Net
IncomeTaxesPaidNet
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| WBST |
Common Stock Dividend Charged Against Retained Earnings
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|
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| WBST |
Repayment On Due To Stockholder With Preferred Stock Issuance
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|
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| CY2021Q3 | us-gaap |
Commitments And Contingencies
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|
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| CY2021Q3 | us-gaap |
Preferred Stock Value
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|
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Professional Fees
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|
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Professional Fees
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|
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Income Tax Expense Benefit
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|
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| CY2020Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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| us-gaap |
Income Tax Expense Benefit
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|
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