Company profile

Ticker
USDR
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
IRS number
473052410

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

11 Aug 20
20 Oct 20
31 Dec 20

News

Quarter (USD) Jun 20 Mar 20 Sep 19 Jun 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from UAS Drone earnings reports.

Financial report summary

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Management Discussion
  • Revenues. We had no revenues for the three months ended June 30, 2020 or for the three months ended June 30, 2019.
  • Research and Development. During the three months ended June 30, 2020, we had no research and development expenses, compared to $12,000 in research and development expenses for the three months ended June 30, 2019. The decrease in our research and development expenses for the three months ended June 30, 2020, compared to the three months ended June 30, 2019, is mainly as a result of the Company’s efforts towards the consummation of the Share Exchange, resulting in a temporary freeze of its research and development operations.
  • General and Administrative. Our general and administrative expenses for the three months ended June 30, 2020, which consisted primarily of professional services and legal expenses, amounted to $247,000, compared to $190,000 for the three months ended June 30, 2019. This increase in the general and administrative expenses for the three months ended June 30, 2020, was mainly due to legal expenses and other professional services of $31,000 and $87,000, respectively, as a result of the Share Exchange offset by a decrease in stock-based compensation.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: categorized, position, released
Removed: appointed, October

Proxies

No filings