The Company is a development stage company and has limited operating history and is expected to experience losses in the near term. The Company’s independent auditors have issued a report raising substantial doubt about the Company’s ability to continue as a going concern.
Company profile
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Collins Island Acquisition Corp
SEC CIK
Corporate docs
IRS number
812141429
Latest filings (excl ownership)
REVOKED
Registration or securities revoked
10 Feb 23
10-K
2020 FY
Annual report
5 Apr 21
10-Q
2020 Q3
Quarterly report
10 Nov 20
10-Q
2020 Q2
Quarterly report
8 Sep 20
10-Q
2020 Q1
Quarterly report
21 Aug 20
10-K
2019 FY
Annual report
30 Mar 20
10-Q
2019 Q3
Quarterly report
13 Nov 19
10-Q
2019 Q2
Quarterly report
19 Aug 19
NT 10-Q
Notice of late quarterly filing
15 Aug 19
10-Q
2019 Q1
Quarterly report
15 May 19
Latest ownership filings
4
James K McKillop
25 Jul 16
4
JAMES M CASSIDY
25 Jul 16
4
JAMES M CASSIDY
25 Jul 16
SC 13G/A
Beneficial ownership report (amended)
25 Jul 16
SC 13G/A
Beneficial ownership report (amended)
25 Jul 16
SC 13G
Beneficial ownership report
20 May 16
SC 13G
Beneficial ownership report
20 May 16
3
JAMES M CASSIDY
17 May 16
3
James K McKillop
17 May 16
Financial summary
Quarter (USD) | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 20 | Dec 19 | Dec 18 | Dec 17 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.38 k | 3.38 k | 3.38 k | 3.38 k | 3.38 k | 3.38 k |
Cash burn (monthly) | (no burn) | (no burn) | 2.53 k | 1.46 k | 5.20 k | 867.33 |
Cash used (since last report) | n/a | n/a | 100.86 k | 58.25 k | 207.21 k | 34.54 k |
Cash remaining | n/a | n/a | -97.48 k | -54.87 k | -203.84 k | -31.17 k |
Runway (months of cash) | n/a | n/a | -38.5 | -37.5 | -39.2 | -35.9 |