2022 Q1 Form 10-Q Financial Statement
#000121390022026457 Filed on May 13, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $0.00 | $0.00 |
| YoY Change | ||
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $413.8K | $103.4K |
| YoY Change | 300.18% | |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | ||
| YoY Change | ||
| % of Gross Profit | ||
| Operating Expenses | $413.8K | $103.4K |
| YoY Change | 300.18% | |
| Operating Profit | -$413.8K | |
| YoY Change | ||
| Interest Expense | $53.77K | -$1.858M |
| YoY Change | -102.89% | |
| % of Operating Profit | ||
| Other Income/Expense, Net | $3.772M | $137.9K |
| YoY Change | 2635.23% | |
| Pretax Income | $3.412M | -$1.823M |
| YoY Change | -287.18% | |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $3.412M | -$1.823M |
| YoY Change | -287.17% | |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | ||
| Diluted Earnings Per Share | $110.3K | -$58.48K |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $25.00K | $25.00K |
| YoY Change | 0.0% | |
| Cash & Equivalents | $25.00K | |
| Short-Term Investments | ||
| Other Short-Term Assets | $44.63K | $952.9K |
| YoY Change | -95.32% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $69.63K | $977.9K |
| YoY Change | -92.88% | |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | ||
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $225.6M | $250.0M |
| YoY Change | -9.75% | |
| Other Assets | $570.8K | |
| YoY Change | ||
| Total Long-Term Assets | $226.2M | $250.0M |
| YoY Change | -9.52% | |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $69.63K | $977.9K |
| Total Long-Term Assets | $226.2M | $250.0M |
| Total Assets | $226.3M | $251.0M |
| YoY Change | -9.85% | |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | ||
| YoY Change | ||
| Accrued Expenses | $815.5K | $21.21K |
| YoY Change | 3744.88% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $5.452M | $508.2K |
| YoY Change | 972.85% | |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $6.889M | $555.0K |
| YoY Change | 1141.14% | |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $4.066M | $10.04M |
| YoY Change | -59.49% | |
| Total Long-Term Liabilities | $4.066M | $10.04M |
| YoY Change | -59.49% | |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $6.889M | $555.0K |
| Total Long-Term Liabilities | $4.066M | $10.04M |
| Total Liabilities | $10.95M | $10.59M |
| YoY Change | 3.43% | |
| 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 | -$10.31M | -$9.614M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $226.3M | $251.0M |
| YoY Change | -9.85% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $3.412M | -$1.823M |
| YoY Change | -287.17% | |
| Depreciation, Depletion And Amortization | ||
| YoY Change | ||
| Cash From Operating Activities | ||
| YoY Change | ||
| INVESTING ACTIVITIES | ||
| Capital Expenditures | ||
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | $24.40M | -$250.0M |
| YoY Change | -109.76% | |
| Cash From Investing Activities | $24.40M | -$250.0M |
| YoY Change | -109.76% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -24.40M | 250.0M |
| YoY Change | -109.76% | |
| NET CHANGE | ||
| Cash From Operating Activities | ||
| Cash From Investing Activities | 24.40M | -250.0M |
| Cash From Financing Activities | -24.40M | 250.0M |
| Net Change In Cash | $0.00 | $0.00 |
| YoY Change | ||
| FREE CASH FLOW | ||
| Cash From Operating Activities | ||
| Capital Expenditures | ||
| Free Cash Flow | ||
| YoY Change |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
| CY2022Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001839530 | |
| CY2021Q1 | us-gaap |
Interest Income Other
InterestIncomeOther
|
USD | |
| CY2021Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
USD | |
| CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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| CY2021Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
USD | |
| CY2021Q1 | us-gaap |
Increase Decrease In Prepaid Expense
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|
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| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
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| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
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| CY2021Q1 | cffe |
Proceeds From Trust Account To Pay Franchise Taxes
ProceedsFromTrustAccountToPayFranchiseTaxes
|
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| CY2021Q1 | us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
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| CY2022Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
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| CY2021Q1 | us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
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| CY2022Q1 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
USD | |
| CY2022Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
USD | |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
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| CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
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| CY2022Q1 | cffe |
Prepaid Expenses Paid With Payables To Related Party
PrepaidExpensesPaidWithPayablesToRelatedParty
|
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