Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of SeqLL.
Income Statement
| Breakdown | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|
| Revenue | $1.18K | $48.02K | $50.59K | $160.48K | $779.07K | $1.34M |
| Cost of Revenue | $-0.00B | $57.69K | $170.80K | $219.76K | $674.28K | $1.08M |
| Gross Profit | $-0.00B | $-9.67K | $-120.22K | $-59.28K | $104.79K | $254.23K |
| Gross Profit Ratio | 41.38% | -20.13% | -237.64% | -36.94% | 13.45% | 18.99% |
| Research and Development Expenses | $1.57M | $530.08K | $330.98K | $1.25M | $1.04M | $974.53K |
| General and Administrative Expenses | $2.51M | $2.17M | $777.43K | $1.36M | $1.47M | $806.90K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $2.51M | $2.17M | $777.43K | $1.36M | $1.47M | $806.90K |
| Other Expenses | $-77.48K | $-161.97K | $-278.91K | $-372.65K | $182.44K | $- |
| Operating Expenses | $4.00M | $2.54M | $829.51K | $2.23M | $2.51M | $1.78M |
| Cost and Expenses | $4.00M | $2.60M | $1.00M | $2.45M | $3.18M | $2.87M |
| Interest Income | $44.88K | $171.83K | $287.20K | $182.25K | $- | $- |
| Interest Expense | $90.75K | $208.29K | $287.20K | $182.25K | $486.73K | $- |
| Depreciation and Amortization | $132.82K | $80.67K | $300.32K | $121.53K | $63.64K | $72.64K |
| EBITDA | $-3.86M | $-2.47M | $-649.40K | $-2.17M | $-1.90M | $-1.45M |
| EBITDA Ratio | -328320.48% | -5139.32% | -1283.70% | -1352.05% | -243.72% | -108.65% |
| Operating Income | $-4.00M | $-2.55M | $-949.72K | $-2.29M | $-2.40M | $-1.53M |
| Operating Income Ratio | -339604.76% | -5307.32% | -1877.37% | -1427.78% | -308.23% | -114.08% |
| Total Other Income Expenses Net | $-97.69K | $-1.15M | $-95.63K | $-182.25K | $-256.43K | $-179.74K |
| Income Before Tax | $-4.09M | $-3.70M | $-1.05M | $-2.47M | $-2.89M | $-1.71M |
| Income Before Tax Ratio | -347904.25% | -7712.37% | -2066.41% | -1541.34% | -370.70% | -127.50% |
| Income Tax Expense | $97.69K | $202.52K | $478.76K | $182.25K | $486.73K | $- |
| Net Income | $-4.19M | $-3.91M | $-1.52M | $-2.66M | $-2.89M | $-1.71M |
| Net Income Ratio | -356203.74% | -8134.10% | -3012.80% | -1654.91% | -370.70% | -127.50% |
| EPS | $-14.11 | $-21.65 | $-12.53 | $-21.84 | $-23.75 | $-5.84 |
| EPS Diluted | $-14.11 | $-21.65 | $-12.53 | $-21.84 | $-23.75 | $-5.84 |
| Weighted Average Shares Outstanding | 297.16K | 180.40K | 121.62K | 121.62K | 121.62K | 292.43K |
| Weighted Average Shares Outstanding Diluted | 297.16K | 180.40K | 121.62K | 121.62K | 121.62K | 292.43K |
| SEC Filing | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.69T | $2.18M | $4.02M | $- | $5.86K | $64.69K | $30.06K |
| Short Term Investments | $- | $4.04M | $5.93M | $- | $- | $- | $- |
| Cash and Short Term Investments | $2.69T | $6.22M | $9.95M | $-108.81K | $5.86K | $64.69K | $30.06K |
| Net Receivables | $2.72B | $81.21K | $65.68K | $139.53K | $135.67K | $236.61K | $44.91K |
| Inventory | $- | $165.85K | $224.16K | $203.01K | $284.26K | $720.50K | $783.57K |
| Other Current Assets | $32.93B | $-0.00B | $186.06K | $108.81K | $2.35K | $2.41K | $2.44K |
| Total Current Assets | $2.73T | $6.64M | $10.42M | $342.54K | $428.14K | $1.02M | $860.98K |
| Property Plant Equipment Net | $1.62T | $1.66M | $265.27K | $337.24K | $446.00K | $126.33K | $189.97K |
| Goodwill | $- | $- | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $-4.03M | $- | $- | $- | $- | $- |
| Tax Assets | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $83.01B | $4.15M | $50.49K | $14.26K | $14.26K | $29.73K | $28.57K |
| Total Non-Current Assets | $1.71T | $1.78M | $315.75K | $351.50K | $460.26K | $156.06K | $218.54K |
| Other Assets | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.44T | $8.41M | $10.74M | $694.04K | $888.40K | $1.18M | $1.08M |
| Account Payables | $522.94B | $622.44K | $871.36K | $861.84K | $897.66K | $451.53K | $214.85K |
| Short Term Debt | $257.97B | $110.11K | $1.38M | $26.00K | $28.00K | $6.50K | $2.26M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $25.00K | $20.38K | $113.76K |
| Other Current Liabilities | $1.75T | $495.46K | $311.40K | $123.64K | $271.06K | $97.57K | $478.74K |
| Total Current Liabilities | $2.53T | $1.23M | $2.56M | $1.01M | $1.22M | $575.98K | $2.83M |
| Long Term Debt | $1.30T | $2.82M | $- | $3.54M | $2.50M | $990.71K | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $- | $- | $- |
| Other Non-Current Liabilities | $- | $- | $- | $-3.54M | $-2.50M | $- | $- |
| Total Non-Current Liabilities | $1.30T | $2.82M | $- | $3.54M | $2.50M | $990.71K | $8.47K |
| Other Liabilities | $- | $-0.00B | $- | $- | $- | $- | $- |
| Total Liabilities | $3.83T | $4.05M | $2.56M | $4.55M | $3.72M | $1.57M | $2.83M |
| Preferred Stock | $- | $- | $- | $-0.00B | $-0.00B | $-0.00B | $-0.00B |
| Common Stock | $4.00M | $-0.00B | $-0.00B | $-0.00B | $-0.00B | $-0.00B | $-0.00B |
| Retained Earnings | $-24.14T | $-18.51M | $-14.41M | $-10.71M | $-9.66M | $-7.19M | $-4.30M |
| Accumulated Other Comprehensive Income Loss | $- | $22.45K | $- | $- | $- | $- | $- |
| Other Total Stockholders Equity | $24.74T | $22.85M | $22.60M | $6.86M | $6.84M | $6.80M | $2.55M |
| Total Stockholders Equity | $607.74B | $4.37M | $8.18M | $-3.85M | $-2.83M | $-386.41K | $-1.75M |
| Total Equity | $607.74B | $4.37M | $8.18M | $-3.85M | $-2.83M | $-386.41K | $-1.75M |
| Total Liabilities and Stockholders Equity | $4.44T | $8.41M | $10.74M | $694.04K | $888.40K | $1.18M | $1.08M |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $4.44T | $8.41M | $10.74M | $694.04K | $888.40K | $1.18M | $1.08M |
| Total Investments | $- | $4.04K | $5.93M | $- | $- | $- | $- |
| Total Debt | $1.56T | $2.93M | $1.38M | $3.56M | $2.52M | $997.21K | $2.26M |
| Net Debt | $-1.14T | $748.93K | $-2.64M | $3.56M | $2.52M | $932.52K | $2.23M |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 |
|---|---|---|---|---|---|---|---|
| Net Income | $- | $-4.09M | $-3.70M | $-1.05M | $-2.47M | $-2.89M | $-1.71M |
| Depreciation and Amortization | $- | $87.94K | $86.44K | $108.76K | $121.53K | $63.64K | $72.64K |
| Deferred Income Tax | $- | $- | $977.34K | $- | $- | $- | $- |
| Stock Based Compensation | $- | $256.90K | $333.98K | $20.21K | $30.94K | $553.64K | $111.02K |
| Change in Working Capital | $- | $-155.38K | $119.96K | $-128.50K | $553.50K | $232.44K | $395.22K |
| Accounts Receivables | $- | $9.50K | $- | $23.99K | $85.05K | $-191.70K | $201.86K |
| Inventory | $- | $-20.71K | $-21.14K | $81.25K | $-4.96K | $63.07K | $351.38K |
| Accounts Payables | $- | $-248.93K | $9.52K | $-35.82K | $446.13K | $236.68K | $163.87K |
| Other Working Capital | $- | $104.75K | $131.58K | $-197.91K | $27.28K | $124.38K | $-321.89K |
| Other Non Cash Items | $- | $242.81K | $195.96K | $286.97K | $182.25K | $256.43K | $2.46K |
| Net Cash Provided by Operating Activities | $- | $-3.66M | $-1.99M | $-757.91K | $-1.59M | $-1.78M | $-1.13M |
| Investments in Property Plant and Equipment | $- | $-40.02K | $-14.47K | $- | $- | $- | $-11.08K |
| Acquisitions Net | $- | $-1.83T | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-4.01M | $-5.98M | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $5.88M | $- | $- | $- | $- | $- |
| Other Investing Activities | $1.83T | $1.83T | $-5.98M | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $1.83T | $1.83M | $-5.99M | $- | $- | $- | $-11.08K |
| Debt Repayment | $- | $- | $-577.89K | $-35.00K | $-14.50K | $-105.00K | $-10.52K |
| Common Stock Issued | $- | $- | $13.81M | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $1.46T | $12.00T | $-1.24M | $787.05K | $1.54M | $1.92M | $970.00K |
| Net Cash Used Provided by Financing Activities | $1.46T | $12.00T | $12.00M | $752.05K | $1.53M | $1.82M | $959.48K |
| Effect of Forex Changes on Cash | $- | $-12.00T | $- | $- | $- | $- | $- |
| Net Change in Cash | $3.29T | $-1.83M | $4.02M | $-5.86K | $-58.83K | $34.64K | $-177.19K |
| Cash at End of Period | $1.83T | $2.18M | $4.02M | $- | $5.86K | $64.69K | $30.06K |
| Cash at Beginning of Period | $-1.46T | $4.02M | $- | $5.86K | $64.69K | $30.06K | $207.25K |
| Operating Cash Flow | $- | $-3.66M | $-1.99M | $-757.91K | $-1.59M | $-1.78M | $-1.13M |
| Capital Expenditure | $- | $-40.02K | $-14.47K | $- | $- | $- | $-11.08K |
| Free Cash Flow | $- | $-3.70M | $-2.00M | $-757.91K | $-1.59M | $-1.78M | $-1.14M |