2024 Q3 Form 10-Q Financial Statement

#000165495424010644 Filed on August 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $31.50K $0.00
YoY Change 166.95% -100.0%
Cost Of Revenue $22.05K $0.00
YoY Change 187.48% -100.0%
Gross Profit $9.450K $0.00
YoY Change 128.81% -100.0%
Gross Profit Margin 30.0%
Selling, General & Admin $5.977M
YoY Change 331.54%
% of Gross Profit
Research & Development $326.4K $2.252M
YoY Change 47.91% 409.45%
% of Gross Profit 3453.56%
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $2.269M $8.230M
YoY Change 43.96% 350.39%
Operating Profit -$2.260M -$8.230M
YoY Change 43.73% 351.22%
Interest Expense $8.560K $6.766K
YoY Change -73.85% -78.72%
% of Operating Profit
Other Income/Expense, Net $8.560K $6.766K
YoY Change -96.61% -97.26%
Pretax Income -$8.236M
YoY Change 297.78%
Income Tax
% Of Pretax Income
Net Earnings -$2.269M -$8.236M
YoY Change 24.31% 297.78%
Net Earnings / Revenue -7201.9%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.78
COMMON SHARES
Basic Shares Outstanding 3.366M shares 2.832M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.470K
YoY Change -88.28%
Cash & Equivalents $159.4K
Short-Term Investments
Other Short-Term Assets $492.7K
YoY Change -3.21%
Inventory
Prepaid Expenses
Receivables $0.00
Other Receivables $0.00
Total Short-Term Assets $436.5K $495.1K
YoY Change -77.59% -6.59%
LONG-TERM ASSETS
Property, Plant & Equipment $48.40K
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $59.04K $80.46K
YoY Change -61.7% -55.36%
TOTAL ASSETS
Total Short-Term Assets $436.5K $495.1K
Total Long-Term Assets $59.04K $80.46K
Total Assets $495.6K $575.6K
YoY Change -76.42% -18.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $787.6K $1.093M
YoY Change 22.33% -14.13%
Accrued Expenses $1.130M $1.003M
YoY Change 37.21% 47.09%
Deferred Revenue
YoY Change
Short-Term Debt $287.5K
YoY Change -74.14%
Long-Term Debt Due $240.0K
YoY Change 0.0%
Total Short-Term Liabilities $2.579M $2.871M
YoY Change -18.76% -24.53%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.579M $2.871M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $2.579M $2.871M
YoY Change -19.32% -25.52%
SHAREHOLDERS EQUITY
Retained Earnings -$135.4M -$133.1M
YoY Change 11.25% 11.05%
Common Stock $3.490K $3.319K
YoY Change 100.34% -64.77%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.083M -$2.296M
YoY Change
Total Liabilities & Shareholders Equity $495.6K $575.6K
YoY Change -76.42% -18.97%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$2.269M -$8.236M
YoY Change 24.31% 297.78%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$623.6K
YoY Change -36.73%
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 487.5K
YoY Change -38.92%
NET CHANGE
Cash From Operating Activities -623.6K
Cash From Investing Activities
Cash From Financing Activities 487.5K
Net Change In Cash -136.2K
YoY Change -27.39%
FREE CASH FLOW
Cash From Operating Activities -$623.6K
Capital Expenditures
Free Cash Flow
YoY Change

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