$308.49K
Revenue
$-5.57M
Net Income
82.48%
Gross Margin
-1275.84%
Op. Margin
$-2.82M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|
| Total Revenue | $308.49K | $237.76K | $51.92K | $29.66K | $9.51M | $13.52M |
| Revenue Growth % | 29.8% | 357.9% | 75.1% | -99.7% | -29.7% | nan% |
| Cost of Revenue | - | $54.04K | $853.00 | $24.81K | $13.92M | $13.68M |
| Gross Profit | $254.45K | $183.72K | $51.07K | $4.84K | $-4.42M | $-155.83K |
| Gross Margin % | 82.5% | 77.3% | 98.4% | 16.3% | -46.4% | -1.2% |
| Operating Expenses | $4.19M | $4.26M | $3.23M | $7.04M | $28.38M | $12.08M |
| Research & Development | - | - | - | - | $498.80K | $420.02K |
| Selling General & Admin | $3.99M | $4.00M | $2.68M | $5.81M | $16.21M | $3.62M |
| Operating Income | $-3.94M | $-4.08M | $-3.18M | $-7.04M | $-32.80M | $-12.23M |
| Operating Margin % | -1275.8% | -1714.0% | -6116.8% | -23738.8% | -344.9% | -90.5% |
| Interest Expense | $376.36K | $377.92K | $965.16K | $322.20K | $374.39K | $137.82K |
| Interest Income | $6.00 | $17.00 | $20.00 | $117.00 | $16.11K | $12.57K |
| Other Income/Expense | $21.14K | $7.09K | $102.14K | $75.44K | $-41.58K | $69.58K |
| Income Before Tax | $-5.57M | $-3.90M | $-6.79M | $-2.56M | $-42.10M | $-12.42M |
| Income Tax Expense | - | - | - | - | - | $408.29K |
| Net Income | $-5.57M | $-3.90M | $-6.72M | $-27.09M | $-41.12M | $-12.91M |
| Net Margin % | -1806.1% | -1639.3% | -12940.7% | -91340.7% | -432.4% | -95.4% |
| Diluted EPS | nan | nan | -0.06 | -0.14 | nan | nan |
| Diluted Shares Outstanding | 290.4M | - | 107.7M | 188.3M | - | - |
| Breakdown | FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | - | $1.81M | $83.67K | $859.21K | $1.02M |
| Accounts Receivable | $141.18K | $38.81K | $305.00 | $4.33M | $9.09M |
| Inventory | - | - | - | $6.41M | $4.55M |
| Other Current Assets | $307.30K | $132.64K | $1.02M | $5.24M | $2.14M |
| Total Current Assets | $4.14M | $3.97M | $5.64M | $21.22M | $22.93M |
| Property Plant & Equipment | $395.82K | $487.34K | $620.08K | $21.56M | $33.18M |
| Intangible Assets | - | - | - | $3.56M | $5.39M |
| Total Assets | $4.57M | $4.61M | $7.36M | $46.34M | $70.56M |
| Accounts Payable | $785.37K | $1.26M | $516.34K | $4.25M | $2.80M |
| Accrued Liabilities | - | $932.22K | $279.94K | $779.95K | $165.75K |
| Deferred Revenue | - | $107.00 | - | - | - |
| Total Current Liabilities | $12.27M | $11.71M | $8.68M | $10.66M | $9.39M |
| Long-term Debt | $4.82M | $4.94M | $4.98M | $244.91K | - |
| Total Liabilities | $17.09M | $16.65M | $13.66M | $10.91M | $9.39M |
| Common Stock | $239.28K | $172.88K | $199.42K | $7.45K | $2.53K |
| Retained Earnings | $-76.91M | $-73.02M | $-66.30M | $-27.49M | $13.62M |
| Total Stockholders Equity | $-11.63M | $-11.16M | $-5.34M | $35.98M | $61.14M |
| Total Liabilities & Equity | $4.57M | $4.61M | $7.36M | $46.34M | $70.56M |
| Breakdown | TTM (Sep 30, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
FY 2017 (Dec 31, 2017) |
|---|---|---|---|---|---|---|
| Net Income | $-5.57M | $-3.90M | $-6.72M | $-27.09M | $-41.12M | $-12.91M |
| Depreciation & Amortization | $303.17K | $233.71K | $337.68K | $299.87K | $1.13M | $1.10M |
| Stock-based Compensation | - | - | - | - | $10.47M | $1.59M |
| Deferred Income Tax | - | - | - | - | - | $397.01K |
| Change in Receivables | - | - | - | $-91.23K | $-2.55M | $924.21K |
| Change in Inventory | - | - | - | - | $3.13M | $2.21M |
| Change in Payables | - | - | - | $217.62K | $1.70M | $1.85M |
| Operating Cash Flow | $-2.82M | $-1.50M | $-1.54M | $-6.30M | $-2.46M | $-409.79K |
| Capital Expenditure | - | $47.72K | $154.00 | $99.94K | $74.83K | $5.20M |
| Purchases of Investments | - | $22.24M | $11.48M | $4.53M | - | - |
| Investing Cash Flow | $406.63K | $-1.14M | $1.33M | $-4.63M | $-72.49K | $-1.92M |
| Stock Issued | - | - | - | $905.10K | $256.41K | $860.00K |
| Financing Cash Flow | $2.58M | $972.72K | $1.96M | $10.25M | $2.01M | $1.80M |
| Net Change in Cash | $186.52K | $-1.74M | $1.72M | $-765.85K | $-433.21K | $-462.06K |
SEC Filing Format - Data shown as it appears in the Q3 2022 (10-Q) filing
Period ended: Sep 30, 2022
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $69.95K | - | $251.42K | - |
| Cost of Revenue | - | - | - | - |
| Gross Profit | $69.95K | - | $251.42K | - |
| Operating Expenses | $628.11K | - | $2.60M | - |
| Selling General & Admin | $596.64K | - | $2.49M | - |
| Operating Income | $-558.16K | - | $-2.35M | - |
| Interest Expense | $180.77K | - | $319.25K | - |
| Interest Income | $2.00 | - | $4.00 | - |
| Other Income/Expense | $12.70K | - | $16.66K | - |
| Income Before Tax | $-1.41M | - | $-3.69M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-1.41M | $-1.32M | $-3.69M | - |
| Basic EPS | 0.00 | - | -0.01 | - |
| Basic Shares Outstanding | $290.35M | - | $277.46M | - |
| Diluted Shares Outstanding | $290.35M | - | $277.46M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2022 | Dec 31, 2021 |
|---|---|---|
| Accounts Receivable | $254.89K | $141.18K |
| Other Current Assets | $118.21K | $307.30K |
| Total Current Assets | $2.74M | $4.14M |
| Property Plant & Equipment | $299.28K | $395.82K |
| Total Assets | $3.05M | $4.57M |
| Accounts Payable | $799.76K | $785.37K |
| Total Current Liabilities | $12.21M | $12.27M |
| Long-term Debt | $5.38M | $4.82M |
| Total Liabilities | $17.59M | $17.09M |
| Common Stock | $333.33K | $239.28K |
| Retained Earnings | $-80.59M | $-76.91M |
| Total Stockholders Equity | $-13.65M | $-11.63M |
| Total Liabilities & Equity | $3.05M | $4.57M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2022 | Sep 30, 2022 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.41M | $-1.32M | $-3.69M | - |
| Depreciation & Amortization | $31.47K | - | $114.89K | - |
| Stock-based Compensation | - | - | - | - |
| Deferred Income Tax | - | - | - | - |
| Operating Cash Flow | - | - | $-1.35M | - |
| Capital Expenditure | - | - | $7.95K | - |
| Investing Cash Flow | - | - | $219.03K | - |
| Financing Cash Flow | - | - | $1.09M | - |
| Net Change in Cash | - | - | $-42.34K | - |
All values are in USD (United States Dollars). Data is sourced from SEC EDGAR 10-K filings.
Annual data represents full fiscal year results. FY = Fiscal Year ending.