MobileSmith, Inc.

$ Overview Financials Valuation SEC Filings Company Website

2022 Q1 Form 10-Q Financial Statement

#000165495422006448 Filed on May 11, 2022

Income Statement

Concept	2022 Q1	2021 Q4	2021 Q1

Balance Sheet

Concept	2022 Q1	2021 Q4	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$741.5K	$372.6K	$1.161M
YoY Change	-36.15%	130.36%	254.81%
Cash & Equivalents	$950.1K	$575.3K	$1.357M
Short-Term Investments
Other Short-Term Assets	$258.4K	$253.1K	$227.9K
YoY Change	13.39%	8.86%	-22.3%
Inventory
Prepaid Expenses
Receivables	$89.59K	$80.88K	$143.4K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.090M	$706.5K	$1.533M
YoY Change	-28.92%	39.05%	75.74%
LONG-TERM ASSETS
Property, Plant & Equipment	$298.2K	$342.4K	$469.8K
YoY Change	-36.54%	-33.14%	-28.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$298.2K	$342.4K	$469.8K
YoY Change	-36.54%	-33.14%	-28.81%
TOTAL ASSETS
Total Short-Term Assets	$1.090M	$706.5K	$1.533M
Total Long-Term Assets	$298.2K	$342.4K	$469.8K
Total Assets	$1.388M	$1.049M	$2.003M
YoY Change	-30.7%	2.81%	30.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$115.2K	$83.94K	$143.8K
YoY Change	-19.95%	-46.14%	-49.67%
Accrued Expenses	$166.6K	$167.2K	$349.7K
YoY Change	-52.35%	-61.46%	-69.53%
Deferred Revenue		$464.2K
YoY Change		-28.57%
Short-Term Debt	$0.00	$5.000M	$0.00
YoY Change		0.0%	-100.0%
Long-Term Debt Due	$5.000M	$0.00	$0.00
YoY Change		-100.0%	-100.0%
Total Short-Term Liabilities	$5.854M	$5.872M	$717.3K
YoY Change	716.21%	209.02%	-98.62%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$5.542M
YoY Change	-100.0%	-100.0%	555.86%
Other Long-Term Liabilities	$240.0K	$282.5K	$1.051M
YoY Change	-77.16%	-34.61%	75.14%
Total Long-Term Liabilities	$240.0K	$0.00	$6.593M
YoY Change	-96.36%	-100.0%	356.28%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.854M	$5.872M	$717.3K
Total Long-Term Liabilities	$240.0K	$0.00	$6.593M
Total Liabilities	$6.094M	$6.155M	$7.310M
YoY Change	-16.63%	-26.93%	-86.3%
SHAREHOLDERS EQUITY
Retained Earnings	-$257.4M	-$255.3M
YoY Change		5.86%
Common Stock	$28.39K	$28.39K
YoY Change		0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$4.707M	-$5.106M	-$5.307M
YoY Change
Total Liabilities & Shareholders Equity	$1.388M	$1.049M	$2.003M
YoY Change	-30.7%	2.81%	30.71%

Cashflow Statement

Concept	2022 Q1	2021 Q4	2021 Q1

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	28389493	shares
CY2022Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	15000	USD
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	USD
CY2022Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	239992	USD
CY2021Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	282534	USD
CY2022Q1	us-gaap	Liabilities Liabilities	6094283	USD
CY2021Q4	us-gaap	Liabilities Liabilities	6154795	USD
CY2022Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2022Q1	most	Designated For Series A Convertible Preferred Shares DesignatedForSeriesAConvertiblePreferredShares	1750000	shares
CY2022Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1497869	shares
CY2021Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	1403276	shares
CY2022Q1	us-gaap	Preferred Stock Value PreferredStockValue	131459976	USD
CY2021Q4	us-gaap	Preferred Stock Value PreferredStockValue	127162277	USD
CY2022Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28389493	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	28389493	shares
CY2022Q1	us-gaap	Common Stock Value CommonStockValue	28390	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	28390	USD
CY2022Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	121235642	USD
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	123015819	USD
CY2022Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-257430630	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-255312377	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-4706622	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-5105891	USD
CY2022Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1387661	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1048904	USD
CY2022Q1	most	Subscription And Support Revenue SubscriptionAndSupportRevenue	-329902	USD
CY2021Q1	most	Subscription And Support Revenue SubscriptionAndSupportRevenue	-417985	USD
CY2022Q1	us-gaap	Revenues Revenues	329902	USD
CY2021Q1	us-gaap	Revenues Revenues	417985	USD
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	123571	USD
CY2021Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	205303	USD
CY2022Q1	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	0	USD
CY2021Q1	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	9000	USD
CY2022Q1	us-gaap	Cost Of Revenue CostOfRevenue	123571	USD
CY2021Q1	us-gaap	Cost Of Revenue CostOfRevenue	214303	USD
CY2022Q1	us-gaap	Gross Profit GrossProfit	206331	USD
CY2021Q1	us-gaap	Gross Profit GrossProfit	203682	USD
CY2022Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	377883	USD
CY2021Q1	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	528294	USD
CY2022Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	1067196	USD
CY2021Q1	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	875666	USD
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	831934	USD
CY2021Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	905884	USD
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	2277013	USD
CY2021Q1	us-gaap	Operating Expenses OperatingExpenses	2309844	USD
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2070682	USD
CY2021Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-2106162	USD
CY2022Q1	us-gaap	Interest Expense InterestExpense	47571	USD
CY2021Q1	us-gaap	Interest Expense InterestExpense	142464	USD
CY2022Q1	most	Gains Losses On Extinguishment Of Debt Other GainsLossesOnExtinguishmentOfDebtOther	0	USD
CY2021Q1	most	Gains Losses On Extinguishment Of Debt Other GainsLossesOnExtinguishmentOfDebtOther	542100	USD
CY2022Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2021Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-6507137	USD
CY2022Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-47571	USD
CY2021Q1	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-6107501	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-2118253	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-8213663	USD
CY2022Q1	us-gaap	Dividends Preferred Stock Stock DividendsPreferredStockStock	2597699	USD
CY2021Q1	us-gaap	Dividends Preferred Stock Stock DividendsPreferredStockStock	0	USD
CY2022Q1	most	Deemed Dividends Preferred Stock Stock DeemedDividendsPreferredStockStock	-3464405	USD
CY2021Q1	most	Deemed Dividends Preferred Stock Stock DeemedDividendsPreferredStockStock	-5269401	USD
CY2022Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-8180357	USD
CY2021Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-13483064	USD
CY2022Q1	most	Basic And Fully Diluted From Continuing Operations BasicAndFullyDilutedFromContinuingOperations	-0.29
CY2021Q1	most	Basic And Fully Diluted From Continuing Operations BasicAndFullyDilutedFromContinuingOperations	-0.47
CY2022Q1	most	Basic And Fully Diluted BasicAndFullyDiluted	28389493	shares
CY2021Q1	most	Basic And Fully Diluted BasicAndFullyDiluted	28389493	shares
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-2118253	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-8213663	USD
CY2022Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	15000	USD
CY2021Q1	us-gaap	Interest Expense Debt InterestExpenseDebt	2746	USD
CY2022Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	0	USD
CY2021Q1	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	78120	USD
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	817522	USD
CY2021Q1	us-gaap	Share Based Compensation ShareBasedCompensation	886935	USD
CY2022Q1	most	Gain Of Debt Extinguishment Ppp Loan Forgiveness GainOfDebtExtinguishmentPppLoanForgiveness	0	USD
CY2021Q1	most	Gain Of Debt Extinguishment Ppp Loan Forgiveness GainOfDebtExtinguishmentPppLoanForgiveness	542100	USD
CY2022Q1	most	Losses On Debt Extinguishments LossesOnDebtExtinguishments	0	USD
CY2021Q1	most	Losses On Debt Extinguishments LossesOnDebtExtinguishments	-6507137	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	23719	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	32260	USD
CY2022Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-458	USD
CY2021Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-11366	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	31211	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-12006	USD
CY2021Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	11227	USD
CY2022Q1	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-50005	USD
CY2022Q1	most	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	-44234	USD
CY2021Q1	most	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	-42320	USD
CY2022Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-42542	USD
CY2021Q1	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-39281	USD
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	824	USD
CY2021Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2200	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1325270	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1297259	USD
CY2022Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	0	USD
CY2021Q1	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	542000	USD
CY2022Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	1700000	USD
CY2021Q1	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	1761700	USD
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1700000	USD
CY2021Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2303700	USD
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	374730	USD
CY2021Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	1006441	USD
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	575342	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	350923	USD
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	950072	USD
CY2021Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1357364	USD
CY2022Q1	most	Cash And Cash Equivalents CashAndCashEquivalents	741497	USD
CY2021Q1	most	Cash And Cash Equivalents CashAndCashEquivalents	1161371	USD
CY2022Q1	most	Restricteds Cash RestrictedsCash	208575	USD
CY2021Q1	most	Restricteds Cash RestrictedsCash	195993	USD
CY2022Q1	most	Total Cash Cash Equivalents And Restricted Cash TotalCashCashEquivalentsAndRestrictedCash	950072	USD
CY2021Q1	most	Total Cash Cash Equivalents And Restricted Cash TotalCashCashEquivalentsAndRestrictedCash	1357364	USD
CY2022Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	51788	USD
CY2021Q1	us-gaap	Operating Lease Payments OperatingLeasePayments	48150	USD
CY2022Q1	us-gaap	Interest Paid Net InterestPaidNet	48125	USD
CY2021Q1	us-gaap	Interest Paid Net InterestPaidNet	48125	USD
CY2022Q1	most	Recorded Discount Associated With Beneficial Conversion Feature On Issuance Of Series A Convertible Preferred Shares RecordedDiscountAssociatedWithBeneficialConversionFeatureOnIssuanceOfSeriesAConvertiblePreferredShares	3464405	USD
CY2021Q1	most	Recorded Discount Associated With Beneficial Conversion Feature On Issuance Of Series A Convertible Preferred Shares RecordedDiscountAssociatedWithBeneficialConversionFeatureOnIssuanceOfSeriesAConvertiblePreferredShares	1761700	USD
CY2022Q1	most	Issued Series A Preferred Shares Fair Valued At7660970 In Exchange For Carrying Value Of Debt Including Accrued Interest Premiums And Discounts Of1153833 IssuedSeriesAPreferredSharesFairValuedAt7660970InExchangeForCarryingValueOfDebtIncludingAccruedInterestPremiumsAndDiscountsOf1153833	0	USD
CY2021Q1	most	Issued Series A Preferred Shares Fair Valued At7660970 In Exchange For Carrying Value Of Debt Including Accrued Interest Premiums And Discounts Of1153833 IssuedSeriesAPreferredSharesFairValuedAt7660970InExchangeForCarryingValueOfDebtIncludingAccruedInterestPremiumsAndDiscountsOf1153833	6507137	USD
CY2022Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	2597699	USD
CY2021Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	0	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	-7403220	USD
CY2021Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	886935	USD
CY2021Q1	most	Exchange Of Debt For Series A Convertible Preferred Shares On January282021 Amount ExchangeOfDebtForSeriesAConvertiblePreferredSharesOnJanuary282021Amount	7660970	USD
CY2021Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1761700	USD
CY2021Q1	most	Beneficial Conversion Feature Recorded As A Result Of Issuance Of Series A Convertible Preferred Shares Of5269401 BeneficialConversionFeatureRecordedAsAResultOfIssuanceOfSeriesAConvertiblePreferredSharesOf5269401	5269401	USD
CY2021Q1	most	Deemed Dividend To The Holders Of Series A Preferred Shares Resulting From Amortization Of Discount Associated With The Beneficial Conversion Feature DeemedDividendToTheHoldersOfSeriesAPreferredSharesResultingFromAmortizationOfDiscountAssociatedWithTheBeneficialConversionFeature	-5269401	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-8213663	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-5307278	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-5105891	USD
CY2022Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	817522	USD
CY2022Q1	most	Issuance Of Series A Convertible Preferred Shares For Cash Amount IssuanceOfSeriesAConvertiblePreferredSharesForCashAmount	1700000	USD
CY2022Q1	most	Stockissueddividend On Series A Convertible Preferred Shares Amount StockissueddividendOnSeriesAConvertiblePreferredSharesAmount	0	USD
CY2022Q1	most	Beneficial Conversion Feature Recorded As A Result Of Issuance Of Series A Convertible Preferred Shares Of5269401 BeneficialConversionFeatureRecordedAsAResultOfIssuanceOfSeriesAConvertiblePreferredSharesOf5269401	3464405	USD
CY2022Q1	most	Deemed Dividend To The Holders Of Series A Preferred Shares Resulting From Amortization Of Discount Associated With The Beneficial Conversion Feature DeemedDividendToTheHoldersOfSeriesAPreferredSharesResultingFromAmortizationOfDiscountAssociatedWithTheBeneficialConversionFeature	-3464405	USD
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-2118253	USD
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-4706622	USD
CY2022Q1	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions	7664728	USD
CY2022Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1	P3Y1M6D
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	10883300	shares
CY2021Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.06
CY2021	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2	P7Y7M6D
CY2022Q1	most	Aggregate Intrinsic Value Outstanding Beginning AggregateIntrinsicValueOutstandingBeginning	9553832	USD
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod	1382806	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice	1.93
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross	500000	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice	2.55
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber	10000494	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	2.11
CY2022Q1	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2	P7Y7M6D
CY2022Q1	most	Aggregate Intrinsic Value Outstanding Ending AggregateIntrinsicValueOutstandingEnding	8946350	USD
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber	5415575	shares
CY2022Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice	1.94
CY2022Q1	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1	P7Y
CY2022Q1	most	Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Intrinsic Value ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableIntrinsicValue	5718211	USD
CY2022Q1	most	Closing Price Of The Common Stock ClosingPriceOfTheCommonStock	3.00
CY2022Q1	most	Fundamental Business Enterprise Value FundamentalBusinessEnterpriseValue	39000000	USD
CY2022Q1	most	Discount Rate On Trminal Value DiscountRateOnTrminalValue	0.50	pure
CY2022Q1	most	Number Of Shares Diluted NumberOfSharesDiluted	72836053	shares
CY2022Q1	us-gaap	Conversion Of Stock Shares Converted1 ConversionOfStockSharesConverted1	1481552	shares
CY2022Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	279898	USD
CY2022Q1	us-gaap	Revenues Revenues	329902	USD
CY2021Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	429211	USD
CY2021Q1	us-gaap	Revenues Revenues	417985	USD
CY2021Q1	us-gaap	Revenues Revenues	417985	USD
CY2022Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	279898	USD
CY2022Q1	us-gaap	Revenues Revenues	329902	USD
CY2021Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	429211	USD
CY2022Q1	us-gaap	Operating Lease Expense OperatingLeaseExpense	51788	USD
CY2022Q1	us-gaap	Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2 SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2	P2Y29D
CY2022Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.08	pure
CY2022Q1	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	153878	USD
CY2022Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	205593	USD
CY2022Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	68531	USD
CY2022Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	428002	USD
CY2022Q1	most	Imputed Interest ImputedInterest	-38485	USD
CY2022Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	389517	USD
CY2022Q1	most	Series A Preferred Stock Issued SeriesAPreferredStockIssued	11655	shares
CY2022Q1	most	Cash Proceeds From Issuance Of Series A Preferred Stock CashProceedsFromIssuanceOfSeriesAPreferredStock	500000	USD

Files In Submission

Name	View Source	Status
0001654954-22-006448-index-headers.html	Edgar Link	pending
0001654954-22-006448-index.html	Edgar Link	pending
0001654954-22-006448.txt	Edgar Link	pending
0001654954-22-006448-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
most-20220331.xsd	Edgar Link	pending
most-20220331_cal.xml	Edgar Link	unprocessable
most-20220331_def.xml	Edgar Link	unprocessable
most-20220331_lab.xml	Edgar Link	unprocessable
most-20220331_pre.xml	Edgar Link	unprocessable
most_10q.htm	Edgar Link	pending
most_10q_htm.xml	Edgar Link	completed
most_ex311.htm	Edgar Link	pending
most_ex312.htm	Edgar Link	pending
most_ex321.htm	Edgar Link	pending
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R1.htm	Edgar Link	pending
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R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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MobileSmith, Inc.

2022 Q1 Form 10-Q Financial Statement

#000165495422006448 Filed on May 11, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission