2022 Q1 Form 10-Q Financial Statement
#000121390022025253 Filed on May 10, 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 | $2.146M | $2.763M |
| YoY Change | -22.33% | 91.48% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $195.0K | $179.0K |
| YoY Change | 8.94% | 1093.33% |
| % of Gross Profit | ||
| Operating Expenses | $2.146M | $2.763M |
| YoY Change | -22.33% | 91.48% |
| Operating Profit | -$2.146M | |
| YoY Change | ||
| Interest Expense | -$20.00K | $203.0K |
| YoY Change | -109.85% | -223.03% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | -$2.166M | -$2.560M |
| YoY Change | -15.39% | 59.2% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | -$2.166M | -$2.560M |
| YoY Change | -15.39% | 59.2% |
| Net Earnings / Revenue | ||
| Basic Earnings Per Share | -$5.00 | |
| Diluted Earnings Per Share | -$5.351K | -$10.71K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 404.8K shares | 238.9K shares |
| Diluted Shares Outstanding | 404.8M shares |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $8.221M | $6.293M |
| YoY Change | 30.64% | -2.49% |
| Cash & Equivalents | $8.221M | $6.293M |
| Short-Term Investments | ||
| Other Short-Term Assets | $3.138M | $3.900M |
| YoY Change | -19.54% | 41.1% |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $14.07M | $11.97M |
| YoY Change | 17.59% | 24.03% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $55.26M | $31.64M |
| YoY Change | 74.64% | 174.08% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $553.0K | $461.0K |
| YoY Change | 19.96% | -90.75% |
| Total Long-Term Assets | $55.81M | $32.10M |
| YoY Change | 73.86% | 94.25% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $14.07M | $11.97M |
| Total Long-Term Assets | $55.81M | $32.10M |
| Total Assets | $69.89M | $44.07M |
| YoY Change | 58.58% | 68.36% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $1.167M | $1.896M |
| YoY Change | -38.45% | 798.58% |
| Accrued Expenses | $606.0K | $1.468M |
| YoY Change | -58.72% | 63.84% |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | $3.174M | |
| YoY Change | 12107.69% | |
| Total Short-Term Liabilities | $2.344M | $7.114M |
| YoY Change | -67.05% | 291.52% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | $0.00 |
| YoY Change | -100.0% | |
| Other Long-Term Liabilities | $689.0K | $737.0K |
| YoY Change | -6.51% | -5.63% |
| Total Long-Term Liabilities | $689.0K | $737.0K |
| YoY Change | -6.51% | -78.79% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $2.344M | $7.114M |
| Total Long-Term Liabilities | $689.0K | $737.0K |
| Total Liabilities | $3.033M | $7.851M |
| YoY Change | -61.37% | 48.38% |
| 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 | $66.85M | $36.22M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $69.89M | $44.07M |
| YoY Change | 58.58% | 68.36% |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | -$2.166M | -$2.560M |
| YoY Change | -15.39% | 59.2% |
| Depreciation, Depletion And Amortization | $195.0K | $179.0K |
| YoY Change | 8.94% | 1093.33% |
| Cash From Operating Activities | -$2.091M | -$2.141M |
| YoY Change | -2.34% | 24.04% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$134.0K | -$96.00K |
| YoY Change | 39.58% | -97.92% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$3.665M | -$7.028M |
| YoY Change | -47.85% | 4238.27% |
| Cash From Investing Activities | -$3.799M | -$7.124M |
| YoY Change | -46.67% | 49.22% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 9.428M | 2.850M |
| YoY Change | 230.81% | -68.71% |
| NET CHANGE | ||
| Cash From Operating Activities | -2.091M | -2.141M |
| Cash From Investing Activities | -3.799M | -7.124M |
| Cash From Financing Activities | 9.428M | 2.850M |
| Net Change In Cash | 3.538M | -6.415M |
| YoY Change | -155.15% | -345.88% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | -$2.091M | -$2.141M |
| Capital Expenditures | -$134.0K | -$96.00K |
| Free Cash Flow | -$1.957M | -$2.045M |
| YoY Change | -4.3% | -170.86% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
1149000 | USD |
| CY2021Q1 | us-gaap |
Capitalized Costs Of Unproved Properties Excluded From Amortization
CapitalizedCostsOfUnprovedPropertiesExcludedFromAmortization
|
8176000 | USD |
| CY2022Q1 | dei |
Trading Symbol
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ZNOG | |
| CY2022Q1 | zn |
Gainloss On Derivative Liability
GainlossOnDerivativeLiability
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| CY2021Q1 | us-gaap |
Stock Issued During Period Value Other
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|
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| CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
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| CY2022Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
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| CY2022Q1 | zn |
Increase Decrease In Accrued Severance Pay Net Of Severance Pay Fund
IncreaseDecreaseInAccruedSeverancePayNetOfSeverancePayFund
|
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| CY2022Q1 | zn |
Capitalized Convertible Bond Interest Attributed To Oil And Gas Properties
CapitalizedConvertibleBondInterestAttributedToOilAndGasProperties
|
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| CY2021Q1 | zn |
Cost Of Options Issued To Employees Attributed To Oil And Gas Properties
CostOfOptionsIssuedToEmployeesAttributedToOilAndGasProperties
|
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| CY2022Q1 | us-gaap |
Interest Costs Capitalized
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| CY2022Q1 | zn |
Other Utility Cost
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| CY2021Q1 | zn |
Other Utility Cost
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|
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| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
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| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
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| CY2022Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
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| CY2022Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
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| CY2021Q1 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
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| CY2021 | zn |
License Cost
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|
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| CY2022Q1 | zn |
License Cost
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|
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