2020 Q4 Form 10-Q Financial Statement
#000121390020036607 Filed on November 12, 2020
Income Statement
| Concept | 2020 Q4 |
|---|---|
| Revenue | $3.860M |
| YoY Change | 102.09% |
| Cost Of Revenue | $1.150M |
| YoY Change | 130.0% |
| Gross Profit | $2.710M |
| YoY Change | 92.2% |
| Gross Profit Margin | 70.21% |
| Selling, General & Admin | $6.360M |
| YoY Change | 36.77% |
| % of Gross Profit | 234.69% |
| Research & Development | $2.190M |
| YoY Change | 79.51% |
| % of Gross Profit | 80.81% |
| Depreciation & Amortization | $880.0K |
| YoY Change | -34.33% |
| % of Gross Profit | 32.47% |
| Operating Expenses | $9.050M |
| YoY Change | 31.35% |
| Operating Profit | -$6.340M |
| YoY Change | 15.69% |
| Interest Expense | -$570.0K |
| YoY Change | 72.73% |
| % of Operating Profit | |
| Other Income/Expense, Net | -$840.0K |
| YoY Change | -92.82% |
| Pretax Income | -$8.260M |
| YoY Change | -52.99% |
| Income Tax | $30.00K |
| % Of Pretax Income | |
| Net Earnings | -$8.290M |
| YoY Change | -51.29% |
| Net Earnings / Revenue | -214.77% |
| Basic Earnings Per Share | |
| Diluted Earnings Per Share | -$181.8K |
| COMMON SHARES | |
| Basic Shares Outstanding | 42.47M shares |
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2020 Q4 |
|---|---|
| SHORT-TERM ASSETS | |
| Cash & Short-Term Investments | $26.00M |
| YoY Change | 441.67% |
| Cash & Equivalents | $18.00M |
| Short-Term Investments | $8.000M |
| Other Short-Term Assets | $1.200M |
| YoY Change | 200.0% |
| Inventory | $1.243M |
| Prepaid Expenses | |
| Receivables | $1.739M |
| Other Receivables | $200.0K |
| Total Short-Term Assets | $30.33M |
| YoY Change | 348.26% |
| LONG-TERM ASSETS | |
| Property, Plant & Equipment | $1.445M |
| YoY Change | 896.55% |
| Goodwill | $6.588M |
| YoY Change | 218.26% |
| Intangibles | $14.20M |
| YoY Change | 69.08% |
| Long-Term Investments | $2.500M |
| YoY Change | |
| Other Assets | $152.0K |
| YoY Change | 61.7% |
| Total Long-Term Assets | $28.69M |
| YoY Change | 98.46% |
| TOTAL ASSETS | |
| Total Short-Term Assets | $30.33M |
| Total Long-Term Assets | $28.69M |
| Total Assets | $59.01M |
| YoY Change | 178.1% |
| SHORT-TERM LIABILITIES | |
| YoY Change | |
| Accounts Payable | $908.0K |
| YoY Change | -61.9% |
| Accrued Expenses | $2.739M |
| YoY Change | 47.02% |
| Deferred Revenue | $1.900M |
| YoY Change | |
| Short-Term Debt | $5.401M |
| YoY Change | -26.05% |
| Long-Term Debt Due | $5.400M |
| YoY Change | -23.94% |
| Total Short-Term Liabilities | $12.12M |
| YoY Change | -11.81% |
| LONG-TERM LIABILITIES | |
| Long-Term Debt | $0.00 |
| YoY Change | |
| Other Long-Term Liabilities | $7.000K |
| YoY Change | 0.0% |
| Total Long-Term Liabilities | $7.000K |
| YoY Change | 0.0% |
| TOTAL LIABILITIES | |
| Total Short-Term Liabilities | $12.12M |
| Total Long-Term Liabilities | $7.000K |
| Total Liabilities | $14.33M |
| YoY Change | -5.54% |
| SHAREHOLDERS EQUITY | |
| Retained Earnings | -$181.0M |
| YoY Change | 19.26% |
| Common Stock | $53.00K |
| YoY Change | 1225.0% |
| Preferred Stock | |
| YoY Change | |
| Treasury Stock (at cost) | $695.0K |
| YoY Change | 0.0% |
| Treasury Stock Shares | 1.000 shares |
| Shareholders Equity | $44.64M |
| YoY Change | |
| Total Liabilities & Shareholders Equity | $59.01M |
| YoY Change | 178.1% |
Cashflow Statement
| Concept | 2020 Q4 |
|---|---|
| OPERATING ACTIVITIES | |
| Net Income | -$8.290M |
| YoY Change | -51.29% |
| Depreciation, Depletion And Amortization | $880.0K |
| YoY Change | -34.33% |
| Cash From Operating Activities | -$5.050M |
| YoY Change | 213.66% |
| INVESTING ACTIVITIES | |
| Capital Expenditures | -$600.0K |
| YoY Change | 100.0% |
| Acquisitions | |
| YoY Change | |
| Other Investing Activities | -$17.97M |
| YoY Change | -22562.5% |
| Cash From Investing Activities | -$18.58M |
| YoY Change | 7978.26% |
| FINANCING ACTIVITIES | |
| Cash Dividend Paid | |
| YoY Change | |
| Common Stock Issuance & Retirement, Net | |
| YoY Change | |
| Debt Paid & Issued, Net | |
| YoY Change | |
| Cash From Financing Activities | 10.21M |
| YoY Change | 67.65% |
| NET CHANGE | |
| Cash From Operating Activities | -5.050M |
| Cash From Investing Activities | -18.58M |
| Cash From Financing Activities | 10.21M |
| Net Change In Cash | -13.42M |
| YoY Change | -415.76% |
| FREE CASH FLOW | |
| Cash From Operating Activities | -$5.050M |
| Capital Expenditures | -$600.0K |
| Free Cash Flow | -$4.450M |
| YoY Change | 239.69% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2020Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
42472787 | shares |
| CY2019Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
7080000 | USD |
| CY2020Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
6150000 | USD |
| CY2019Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
150000 | USD |
| CY2020Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
USD | |
| CY2019Q4 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
74000 | USD |
| CY2020Q3 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
USD |
