2023 Q2 Form 10-Q Financial Statement

#000149315223015301 Filed on May 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q4
Revenue $173.2K $142.8K $292.8K
YoY Change 23.71% 434.76%
Cost Of Revenue $28.04K $16.18K $48.22K
YoY Change 12932.43%
Gross Profit $145.1K $126.6K $244.6K
YoY Change 3.68% 349.72%
Gross Profit Margin 83.81% 88.67% 83.53%
Selling, General & Admin $162.9K $179.8K $78.32K
YoY Change 115.36% 257.49% -63.56%
% of Gross Profit 112.21% 142.04% 32.02%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $162.9K $179.8K $78.32K
YoY Change 115.36% 257.49% -59.88%
Operating Profit -$17.73K -$53.22K $166.2K
YoY Change -127.54% 5.8% -218.03%
Interest Expense $10.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $6.00 $11.00 $64.42K
YoY Change -100.12% -124.2%
Pretax Income -$17.72K -$53.21K $230.7K
YoY Change -129.91% 5.79% -111.78%
Income Tax
% Of Pretax Income
Net Earnings -$17.72K -$53.21K $230.7K
YoY Change -129.91% 5.78% -111.78%
Net Earnings / Revenue -10.23% -37.27% 78.78%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 7.395B shares 7.395B shares 7.395B shares
Diluted Shares Outstanding 7.675B shares 7.395B shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $187.2K $217.4K
YoY Change 81304.35% 27775.64%
Cash & Equivalents $31.34K $169.1K $199.3K
Short-Term Investments $18.12K $18.12K
Other Short-Term Assets $18.12K $18.12K
YoY Change
Inventory
Prepaid Expenses
Receivables $485.5K $628.2K
Other Receivables $592.5K $485.5K $628.2K
Total Short-Term Assets $641.9K $672.7K $845.7K
YoY Change 51.74% 84.22% 106.88%
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 $0.00 $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $641.9K $672.7K $845.7K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $641.9K $672.7K $845.7K
YoY Change 51.74% 84.22% 106.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $0.00 $720.00
YoY Change -100.0% -98.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $10.67K $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.67K $720.00
YoY Change -79.61% -98.62%
LONG-TERM LIABILITIES
Long-Term Debt $121.7K $251.4K
YoY Change -75.51% -48.73%
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $121.7K $251.4K
YoY Change -75.51% -48.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.67K $720.00
Total Long-Term Liabilities $121.7K $251.4K
Total Liabilities $119.3K $132.4K $252.1K
YoY Change -78.23% -75.9% -53.54%
SHAREHOLDERS EQUITY
Retained Earnings -$32.86M -$32.85M -$32.79M
YoY Change -1.93% -2.17%
Common Stock $33.39M $33.39M $33.39M
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $522.6K $540.4K $593.6K
YoY Change
Total Liabilities & Shareholders Equity $641.9K $672.7K $845.7K
YoY Change 51.74% 84.22% 106.88%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$17.72K -$53.21K $230.7K
YoY Change -129.91% 5.78% -111.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$124.7K $88.80K $15.72K
YoY Change -9546.97% -1324.79% -110.31%
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 -13.07K -$119.0K -200.0K
YoY Change 748.7% -1876.12% -232.01%
NET CHANGE
Cash From Operating Activities -124.7K $88.80K 15.72K
Cash From Investing Activities
Cash From Financing Activities -13.07K -$119.0K -200.0K
Net Change In Cash -137.8K -$30.20K -184.3K
YoY Change 62522.73% 5391.45% 19504.26%
FREE CASH FLOW
Cash From Operating Activities -$124.7K $88.80K $15.72K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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