2023 Q4 Form 10-Q Financial Statement

#000147793223008646 Filed on November 20, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00K
YoY Change 852.38%
Cash & Equivalents $6.838K
Short-Term Investments
Other Short-Term Assets $340.0K
YoY Change -1.23%
Inventory $256.2K
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $607.3K
YoY Change -22.29%
LONG-TERM ASSETS
Property, Plant & Equipment $2.614K
YoY Change -88.37%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $308.4K
YoY Change -1.98%
TOTAL ASSETS
Total Short-Term Assets $607.3K
Total Long-Term Assets $308.4K
Total Assets $915.7K
YoY Change -16.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.908M
YoY Change 23.35%
Accrued Expenses $1.182M
YoY Change 21.54%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $3.522M
YoY Change -9.81%
Total Short-Term Liabilities $9.019M
YoY Change 2.78%
LONG-TERM LIABILITIES
Long-Term Debt $125.0K
YoY Change 523.44%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $125.0K
YoY Change 523.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $9.019M
Total Long-Term Liabilities $125.0K
Total Liabilities $9.144M
YoY Change 3.97%
SHAREHOLDERS EQUITY
Retained Earnings -$62.40M
YoY Change 2.41%
Common Stock $838.3K
YoY Change 30.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$8.228M
YoY Change
Total Liabilities & Shareholders Equity $915.7K
YoY Change -16.46%

Cashflow Statement

Concept 2023 Q4 2023 Q3

Facts In Submission

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dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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1502000 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
1362050 usd
CY2022Q4 cool Notes Payable In Default
NotesPayableInDefault
1078500 usd
CY2023Q3 cool Notes Payable In Default
NotesPayableInDefault
1078500 usd
CY2023Q3 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
902757 usd
CY2022Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
1232872 usd
CY2023Q3 cool Due To Other Related Party Classified Current
DueToOtherRelatedPartyClassifiedCurrent
11273 usd
CY2022Q4 cool Due To Other Related Party Classified Current
DueToOtherRelatedPartyClassifiedCurrent
25158 usd
CY2023Q3 cool Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
52907 usd
CY2022Q4 cool Notes Payable Related Party Classified Current
NotesPayableRelatedPartyClassifiedCurrent
56462 usd
CY2023Q3 cool Note Payable Upt Minority Owner
NotePayableUptMinorityOwner
100000 usd
CY2022Q4 cool Note Payable Upt Minority Owner
NotePayableUptMinorityOwner
100000 usd
CY2023Q3 us-gaap Other Long Term Debt
OtherLongTermDebt
3647437 usd
CY2022Q4 us-gaap Other Long Term Debt
OtherLongTermDebt
3855042 usd
CY2023Q3 cool Debt Discount
DebtDiscount
0 usd
CY2022Q4 cool Debt Discount
DebtDiscount
-201340 usd
CY2023Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3647437 usd
CY2022Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3653702 usd
CY2023Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
3522437 usd
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
3644627 usd
CY2023Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
125000 usd
CY2022Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
9075 usd
CY2023Q3 cool Notes Payable To Related Party Noncurrent
NotesPayableToRelatedPartyNoncurrent
52907 usd
CY2022Q4 cool Notes Payable To Related Party Noncurrent
NotesPayableToRelatedPartyNoncurrent
56462 usd
CY2023Q3 cool Note Payable To Upt Minority Owner
NotePayableToUptMinorityOwner
100000 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
3522437 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
125000 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
3647437 usd
cool Share Based Goods And Nonemployee Service Transaction Valuation Method Expected Dividend Rate
ShareBasedGoodsAndNonemployeeServiceTransactionValuationMethodExpectedDividendRate
0 pure
CY2022Q4 cool Convertible Debt And Other Derivative Liabilities
ConvertibleDebtAndOtherDerivativeLiabilities
156955 usd
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
177119 usd
cool Issuances Of Convertible Debt And Other Derivatives
IssuancesOfConvertibleDebtAndOtherDerivatives
14455 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
5709 usd
CY2023Q3 cool Convertible Debt And Other Derivative Liabilities
ConvertibleDebtAndOtherDerivativeLiabilities
0 usd
CY2021Q4 cool Convertible Debt And Other Derivative Liabilities
ConvertibleDebtAndOtherDerivativeLiabilities
175915 usd
us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
401707 usd
cool Issuances Of Convertible Debt And Other Derivatives
IssuancesOfConvertibleDebtAndOtherDerivatives
276772 usd
us-gaap Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
119877 usd
CY2022Q3 cool Convertible Debt And Other Derivative Liabilities
ConvertibleDebtAndOtherDerivativeLiabilities
170857 usd
cool Class Of Shares Entitled To Vote Description
ClassOfSharesEntitledToVoteDescription
Series B Stock being entitled to 66 2/3% of the total votes on all such matters
CY2023Q3 cool Preferredstocksharesprice Per Share
PreferredstocksharespricePerShare
2.25
CY2023Q3 cool Common Stock Shares Issuable
CommonStockSharesIssuable
494697 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Other Description
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOtherDescription
Company sells shares of its common stock the buyer also typically receives fully vested common stock warrants with a maximum contractual term of 3-5 years
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6350000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.04
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P0Y1M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
2600000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3750000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.02
cool Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2 Ending Balance
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2EndingBalance
P0Y
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
3750000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.02
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P0Y
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-368408 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-482149 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1276445 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1650635 usd
CY2023Q3 cool Weighted Average Outstanding Shares Of Common Stock
WeightedAverageOutstandingSharesOfCommonStock
819025882 shares
CY2022Q3 cool Weighted Average Outstanding Shares Of Common Stock
WeightedAverageOutstandingSharesOfCommonStock
623337586 shares
cool Weighted Average Outstanding Shares Of Common Stock
WeightedAverageOutstandingSharesOfCommonStock
760217360 shares
cool Weighted Average Outstanding Shares Of Common Stock
WeightedAverageOutstandingSharesOfCommonStock
607994179 shares
CY2023Q3 cool Common Stock And Equivalents
CommonStockAndEquivalents
819025882 shares
CY2022Q3 cool Common Stock And Equivalents
CommonStockAndEquivalents
623337586 shares
cool Common Stock And Equivalents
CommonStockAndEquivalents
760217360 shares
cool Common Stock And Equivalents
CommonStockAndEquivalents
607994179 shares
CY2023Q3 cool Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
CY2022Q3 cool Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
cool Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
cool Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.00
cool Schedule Of Equity Instruments Dilutive Effect On Earnings Per Share
ScheduleOfEquityInstrumentsDilutiveEffectOnEarningsPerShare
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2023</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2022</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Stock options</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4,000,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4,000,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Common stock warrants</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">26,250,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">41,850,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Common stock issuable</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">494,697</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">494,697</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible notes</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">57,119,239</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">68,689,816</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Convertible preferred stock</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2,877,270</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2,877,270</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Total</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">90,741,206</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">117,911,783</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Total exercisable at September 30</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">80,081,450</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">86,534,252</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2023Q3 cool Total Of Outstanding Stock Options And Common Stock Warrants Exerciseble
TotalOfOutstandingStockOptionsAndCommonStockWarrantsExerciseble
90741206 usd
CY2022Q3 cool Total Of Outstanding Stock Options And Common Stock Warrants Exerciseble
TotalOfOutstandingStockOptionsAndCommonStockWarrantsExerciseble
117911783 usd
CY2023Q3 cool Outstanding Stock Options And Common Stock Warrants Exerciseble
OutstandingStockOptionsAndCommonStockWarrantsExerciseble
80081450 shares
CY2022Q3 cool Outstanding Stock Options And Common Stock Warrants Exerciseble
OutstandingStockOptionsAndCommonStockWarrantsExerciseble
86534252 shares

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