$730.65K
Revenue
$-5.75M
Net Income
-220.09%
Gross Margin
-670.60%
Op. Margin
$-2.02M
Free Cash Flow
| Breakdown | TTM (Sep 30, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|---|
| Total Revenue | $730.65K | $1.06M | $3.08M | $6.23M | $7.29M | $2.08M |
| Revenue Growth % | -31.3% | -65.5% | -50.5% | -14.6% | 250.6% | nan% |
| Cost of Revenue | $1.54M | $1.64M | $2.12M | $3.27M | $3.83M | $1.20M |
| Gross Profit | $-1.61M | $-1.38M | $-1.03M | $2.96M | $3.46M | $876.31K |
| Gross Margin % | -220.1% | -130.1% | -33.3% | 47.5% | 47.5% | 42.1% |
| Operating Expenses | $3.29M | $4.08M | $6.30M | $10.42M | $14.59M | $5.28M |
| Selling General & Admin | $3.29M | $4.08M | $6.30M | $10.42M | - | - |
| Operating Income | $-4.90M | $-5.46M | $-7.33M | $-7.46M | $-11.13M | $-4.41M |
| Operating Margin % | -670.6% | -514.0% | -237.8% | -119.9% | -152.6% | -211.8% |
| Interest Expense | $70.74K | $25.91K | $53.81K | $129.57K | $18.17K | $26.75K |
| Other Income/Expense | $-852.39K | $320.58K | $259.34K | $-129.57K | $18.17K | $-570.45K |
| Income Before Tax | $-5.75M | $-5.14M | $-7.07M | $-7.59M | $-11.15M | $-3.84M |
| Net Income | $-5.75M | $-5.14M | $-7.07M | $-7.59M | $-11.15M | $-3.84M |
| Net Margin % | -787.3% | -483.9% | -229.3% | -122.0% | -152.9% | -184.4% |
| Basic EPS | -0.12 | -0.13 | -0.17 | -0.18 | nan | nan |
| Diluted EPS | -0.12 | -0.13 | -0.17 | -0.18 | nan | nan |
| Basic Shares Outstanding | 89.5M | 41.6M | 43.4M | 42.6M | - | - |
| Diluted Shares Outstanding | 89.5M | 41.6M | 43.4M | 42.6M | - | - |
| Breakdown | FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|
| Cash & Cash Equivalents | $55.27K | $481.76K | $107.69K | $1.08M | $164.09K |
| Accounts Receivable | $34.45K | $104.77K | $386.38K | $523.03K | $244.15K |
| Inventory | $2.24M | $3.21M | $5.89M | $6.60M | $2.51M |
| Total Current Assets | $3.53M | $4.04M | $6.66M | $8.82M | $3.03M |
| Property Plant & Equipment | $2.81M | $3.86M | $4.49M | $4.91M | $3.93M |
| Intangible Assets | $55.00K | $55.00K | - | - | - |
| Other Non-current Assets | $136.21K | $228.61K | $271.21K | - | - |
| Total Assets | $6.79M | $8.60M | $12.41M | $14.22M | $7.01M |
| Accounts Payable | $1.25M | $1.42M | $2.02M | $1.57M | $189.43K |
| Short-term Debt | - | - | $66.08K | $68.00K | $50.43K |
| Accrued Liabilities | $250.16K | $144.53K | $414.78K | $51.24K | $165.68K |
| Deferred Revenue | $422.92K | $4.58K | $16.26K | - | $45.02K |
| Total Current Liabilities | $3.17M | $2.21M | $3.75M | $1.79M | $738.48K |
| Long-term Debt | $150.00K | $186.59K | $278.53K | $184.83K | $196.26K |
| Total Liabilities | $7.40M | $3.77M | $4.76M | $2.02M | $934.74K |
| Common Stock | $41.62K | $41.62K | $45.78K | $165.45K | $111.50K |
| Retained Earnings | $-39.47M | $-33.93M | $-26.67M | $-19.07M | $-7.93M |
| Total Stockholders Equity | $-606.28K | $4.83M | $7.65M | $12.20M | $6.08M |
| Total Liabilities & Equity | $6.79M | $8.60M | $12.41M | $14.22M | $7.01M |
| Breakdown | TTM (Sep 30, 2023) |
FY 2022 (Dec 31, 2022) |
FY 2021 (Dec 31, 2021) |
FY 2020 (Dec 31, 2020) |
FY 2019 (Dec 31, 2019) |
FY 2018 (Dec 31, 2018) |
|---|---|---|---|---|---|---|
| Net Income | $-5.75M | $-5.14M | $-7.07M | $-7.59M | $-11.15M | $-3.84M |
| Depreciation & Amortization | $414.40K | $459.07K | $499.00K | $507.73K | - | - |
| Stock-based Compensation | $109.37K | $112.35K | $214.15K | $2.03M | $2.38M | $1.27M |
| Change in Receivables | $-139.80K | $-70.33K | $-281.61K | $-144.77K | $278.88K | $164.25K |
| Change in Inventory | $-822.36K | $-166.86K | $-688.11K | $-708.47K | $4.09M | $1.08M |
| Change in Payables | $20.27K | $-175.54K | $-472.90K | $453.00K | $1.38M | $-55.65K |
| Operating Cash Flow | $-2.02M | $-3.89M | $-4.76M | $-2.97M | $-12.27M | $-4.17M |
| Capital Expenditure | - | $10.33K | $80.29K | $88.04K | $1.39M | $597.47K |
| Investing Cash Flow | - | $18.46K | $-80.29K | $-88.04K | $-1.44M | $-597.47K |
| Debt Repayment | - | - | - | - | $-6.13K | $13.00K |
| Stock Issued | - | - | $86.89K | $1.02M | $13.36M | $5.53M |
| Financing Cash Flow | $2.25M | $3.45M | $5.21M | $2.09M | $14.62M | $4.90M |
| Net Change in Cash | - | - | - | - | $912.46K | $136.28K |
SEC Filing Format - Data shown as it appears in the Q3 2023 (10-Q) filing
Period ended: Sep 30, 2023
Condensed Consolidated Statements of Operations
| Description | Sep 30, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Total Revenue | $235.94K | - | $615.59K | - |
| Cost of Revenue | $183.22K | - | $900.06K | - |
| Gross Profit | $52.72K | - | $-284.47K | - |
| Operating Expenses | $892.46K | - | $2.49M | - |
| Selling General & Admin | $892.46K | - | $2.49M | - |
| Operating Income | $-839.74K | - | $-2.78M | - |
| Interest Expense | $36.25K | - | $60.74K | - |
| Other Income/Expense | $-295.08K | - | $-698.75K | - |
| Income Before Tax | $-1.13M | - | $-3.48M | - |
| Income Tax Expense | - | - | - | - |
| Net Income | $-1.13M | $-606.17K | $-3.48M | - |
| Basic EPS | -0.01 | - | -0.06 | - |
| Diluted EPS | -0.01 | - | -0.06 | - |
| Basic Shares Outstanding | $89.46M | - | $57.75M | - |
| Diluted Shares Outstanding | $89.46M | - | $57.75M | - |
Condensed Consolidated Balance Sheets
| Description | Sep 30, 2023 | Dec 31, 2022 |
|---|---|---|
| Cash & Cash Equivalents | $58.79K | $55.27K |
| Accounts Receivable | $28.05K | $34.45K |
| Inventory | $2.29M | $2.24M |
| Total Current Assets | $2.91M | $3.53M |
| Property Plant & Equipment | $2.70M | $2.81M |
| Goodwill | $2.55M | - |
| Intangible Assets | $55.00K | $55.00K |
| Other Non-current Assets | $100.78K | $136.21K |
| Total Assets | $8.32M | $6.79M |
| Accounts Payable | $1.65M | $1.25M |
| Accrued Liabilities | $513.75K | $250.16K |
| Deferred Revenue | $460.55K | $422.92K |
| Total Current Liabilities | $4.47M | $3.17M |
| Total Liabilities | $8.11M | $7.40M |
| Common Stock | $163.88K | $41.62K |
| Retained Earnings | $-43.25M | $-39.47M |
| Total Stockholders Equity | $207.46K | $-606.28K |
| Total Liabilities & Equity | $8.32M | $6.79M |
Condensed Consolidated Statements of Cash Flows
| Description | Sep 30, 2023 | Sep 30, 2023 | ||
|---|---|---|---|---|
| Current | Prior Year | Current YTD | Prior Year YTD | |
| Net Income | $-1.13M | $-606.17K | $-3.48M | - |
| Depreciation & Amortization | - | - | $152.37K | - |
| Stock-based Compensation | $36.51K | - | $66.31K | - |
| Change in Receivables | - | - | $-6.40K | - |
| Change in Inventory | - | - | $-128.93K | - |
| Change in Payables | - | - | $60.63K | - |
| Operating Cash Flow | - | - | $-1.04M | - |
| Investing Cash Flow | - | - | $78.05K | - |
| Financing Cash Flow | - | - | $970.04K | - |
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.