2022 Q3 Form 10-Q Financial Statement
#000149315222034988 Filed on December 09, 2022
Income Statement
Concept | 2022 Q3 | 2021 Q3 |
---|
Balance Sheet
Concept | 2022 Q3 | 2021 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $9.390K | $122.1K |
YoY Change | -92.31% | -49.96% |
Cash & Equivalents | $9.387K | $122.1K |
Short-Term Investments | ||
Other Short-Term Assets | $8.270K | $158.0K |
YoY Change | -94.77% | 2180.52% |
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | $0.00 | |
Total Short-Term Assets | $17.66K | $585.1K |
YoY Change | -96.98% | 66.77% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $33.90K | $59.70K |
YoY Change | -43.22% | -31.01% |
TOTAL ASSETS | ||
Total Short-Term Assets | $17.66K | $585.1K |
Total Long-Term Assets | $33.90K | $59.70K |
Total Assets | $51.56K | $644.8K |
YoY Change | -92.0% | 47.43% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $1.550M | $868.5K |
YoY Change | 78.43% | -14.61% |
Accrued Expenses | $1.692M | $871.1K |
YoY Change | 94.22% | 52.49% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $2.744M | $2.136M |
YoY Change | 28.48% | 87.35% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $10.78M | $6.539M |
YoY Change | 64.87% | 62.66% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | $0.00 |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $10.78M | $6.539M |
Total Long-Term Liabilities | $0.00 | $0.00 |
Total Liabilities | $10.78M | $6.539M |
YoY Change | 64.87% | 62.66% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$24.52M | |
YoY Change | ||
Common Stock | $1.244M | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$10.73M | -$5.894M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $51.56K | $644.8K |
YoY Change | -92.0% | 47.43% |
Cashflow Statement
Concept | 2022 Q3 | 2021 Q3 |
---|
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2022Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
usd | |
CY2021Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
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us-gaap |
Cost Of Revenue
CostOfRevenue
|
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CY2022Q3 | us-gaap |
Gross Profit
GrossProfit
|
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CY2022Q3 | LFAP |
Fund Expenses
FundExpenses
|
usd | |
us-gaap |
Gross Profit
GrossProfit
|
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CY2021Q3 | LFAP |
Fund Expenses
FundExpenses
|
usd | |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001510247 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
CY2021Q4 | LFAP |
Series D Preferred Stock
SeriesDPreferredStock
|
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CY2022Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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Cost Of Revenue
CostOfRevenue
|
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CY2021Q3 | us-gaap |
Gross Profit
GrossProfit
|
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us-gaap |
Gross Profit
GrossProfit
|
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LFAP |
Fund Expenses
FundExpenses
|
usd | ||
CY2022Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
usd | ||
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
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us-gaap |
Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
|
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us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
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us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
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Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
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us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
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us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
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us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
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LFAP |
Noncash Financing Exercise Of Common Stock Warrants
NoncashFinancingExerciseOfCommonStockWarrants
|
usd | ||
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
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LFAP |
Deemed Dividend On Conversion Of Preferred Stock
DeemedDividendOnConversionOfPreferredStock
|
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LFAP |
Debenture Conversions
DebentureConversions
|
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LFAP |
Reclassification Of Series D Preferred Stock
ReclassificationOfSeriesDPreferredStock
|
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LFAP |
Conversion Of Accrued Consulting Fees Into Common Shares
ConversionOfAccruedConsultingFeesIntoCommonShares
|
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LFAP |
Conversion Of Related Party Notes Payable Into Common Shares
ConversionOfRelatedPartyNotesPayableIntoCommonShares
|
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LFAP |
Conversion Of Series C Preferred Stock Into Common Stock
ConversionOfSeriesCPreferredStockIntoCommonStock
|
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CY2021Q2 | LFAP |
Shares Issued Exercise Of Warrants
SharesIssuedExerciseOfWarrants
|
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CY2021Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
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CY2021Q3 | LFAP |
Shares Issued Exercise Of Warrants
SharesIssuedExerciseOfWarrants
|
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CY2021Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
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CY2021Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
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CY2022Q1 | LFAP |
Shares Issued Exercise Of Warrants
SharesIssuedExerciseOfWarrants
|
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CY2022Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
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CY2022Q1 | LFAP |
Additional Paid In Capital Deemed Dividend On Conversion Of Preferred Stock
AdditionalPaidInCapitalDeemedDividendOnConversionOfPreferredStock
|
usd | |
CY2022Q2 | LFAP |
Shares Issued Exercise Of Warrants
SharesIssuedExerciseOfWarrants
|
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CY2022Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
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CY2022Q2 | LFAP |
Additional Paid In Capital Deemed Dividend On Conversion Of Preferred Stock
AdditionalPaidInCapitalDeemedDividendOnConversionOfPreferredStock
|
usd | |
CY2021Q4 | LFAP |
Original Issue Discount
OriginalIssueDiscount
|
usd | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
000-54867 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
LGBTQ LOYALTY HOLDINGS, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
80-0671280 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2435 Dixie Highway | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Wilton Manors | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
33305 | ||
dei |
City Area Code
CityAreaCode
|
(858) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
577-1746 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
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Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
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CY2022Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
1179890617 | shares |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9387 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
78348 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
8270 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
6925 | usd |
CY2022Q3 | us-gaap |
Assets Current
AssetsCurrent
|
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Assets Current
AssetsCurrent
|
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Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
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Finite Lived Intangible Assets Net
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Assets
Assets
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Assets
Assets
|
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Accounts Payable Current
AccountsPayableCurrent
|
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Accounts Payable Current
AccountsPayableCurrent
|
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AccruedSalariesCurrent
|
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CY2021Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
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Interest And Dividends Payable Current
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Interest And Dividends Payable Current
InterestAndDividendsPayableCurrent
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NotesPayableCurrent
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Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
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CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
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CY2022Q3 | LFAP |
Convertible Notes Payable Net Of Debt Discount
ConvertibleNotesPayableNetOfDebtDiscount
|
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CY2021Q4 | LFAP |
Convertible Notes Payable Net Of Debt Discount
ConvertibleNotesPayableNetOfDebtDiscount
|
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Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
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Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
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CY2022Q3 | LFAP |
Series D Preferred Stock
SeriesDPreferredStock
|
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CY2022Q3 | us-gaap |
Liabilities
Liabilities
|
10780170 | usd |
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Liabilities
Liabilities
|
6008459 | usd |
CY2022Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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Common Stock Shares Issued
CommonStockSharesIssued
|
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
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Common Stock Shares Issued
CommonStockSharesIssued
|
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Common Stock Shares Outstanding
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Common Stock Value
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|
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Common Stock Value
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|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Retained Earnings Accumulated Deficit
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|
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Retained Earnings Accumulated Deficit
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|
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Stockholders Equity
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Stockholders Equity
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Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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Labor And Related Expense
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|
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Labor And Related Expense
LaborAndRelatedExpense
|
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Labor And Related Expense
LaborAndRelatedExpense
|
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Labor And Related Expense
LaborAndRelatedExpense
|
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Professional Fees
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|
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Professional Fees
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|
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us-gaap |
Professional Fees
ProfessionalFees
|
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us-gaap |
Professional Fees
ProfessionalFees
|
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CY2022Q3 | us-gaap |
Legal Fees
LegalFees
|
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CY2021Q3 | us-gaap |
Legal Fees
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|
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us-gaap |
Legal Fees
LegalFees
|
360030 | usd | |
us-gaap |
Legal Fees
LegalFees
|
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LFAP |
Fund Expenses
FundExpenses
|
100000 | usd | |
CY2022Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
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CY2021Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
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us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
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us-gaap |
Selling And Marketing Expense
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
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us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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Depreciation And Amortization
DepreciationAndAmortization
|
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Depreciation And Amortization
DepreciationAndAmortization
|
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us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
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us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
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Operating Expenses
OperatingExpenses
|
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Operating Expenses
OperatingExpenses
|
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us-gaap |
Operating Expenses
OperatingExpenses
|
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us-gaap |
Operating Expenses
OperatingExpenses
|
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Operating Income Loss
OperatingIncomeLoss
|
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OperatingIncomeLoss
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Operating Income Loss
OperatingIncomeLoss
|
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
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Interest Expense
InterestExpense
|
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Interest Expense
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|
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us-gaap |
Interest Expense
InterestExpense
|
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us-gaap |
Interest Expense
InterestExpense
|
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-7076 | usd | |
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Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
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Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
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us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-1471760 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-823425 | usd | |
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Nonoperating Income Expense
NonoperatingIncomeExpense
|
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Nonoperating Income Expense
NonoperatingIncomeExpense
|
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us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
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us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
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Net Income Loss
NetIncomeLoss
|
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CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
381062 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4036567 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4983424 | usd | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1218194847 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
553901386 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1032011912 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
650976730 | shares | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.001 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.004 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4036567 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4983424 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
158690 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
1077708 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-1471760 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-823425 | usd | |
LFAP |
Financing Related Costs Debt
FinancingRelatedCostsDebt
|
1220986 | usd | |
LFAP |
Financing Related Costs Debt
FinancingRelatedCostsDebt
|
460780 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1218114 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
19344 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
19344 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
1345 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
12058 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
551600 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-54428 | usd | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
82990 | usd | |
us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
223279 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
263581 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
141132 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-268961 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1086128 | usd | |
us-gaap |
Payments To Acquire Other Receivables
PaymentsToAcquireOtherReceivables
|
205000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-205000 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
200000 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-1000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
300000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
56350 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
78620 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
1061600 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
200000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1382870 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-68961 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
91741 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
78348 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
30312 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
9387 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
122053 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4944 | usd | |
LFAP |
Noncash Financing Exercise Of Common Stock Warrants
NoncashFinancingExerciseOfCommonStockWarrants
|
140966 | usd | |
LFAP |
Dividends On Preferred Stock
DividendsOnPreferredStock
|
44870 | usd | |
LFAP |
Dividends On Preferred Stock
DividendsOnPreferredStock
|
30866 | usd | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
111000 | usd | |
LFAP |
Deemed Dividend On Conversion Of Preferred Stock
DeemedDividendOnConversionOfPreferredStock
|
523266 | usd | |
LFAP |
Debenture Conversions
DebentureConversions
|
238764 | usd | |
LFAP |
Reclassification Of Series D Preferred Stock
ReclassificationOfSeriesDPreferredStock
|
1015999 | usd | |
LFAP |
Conversion Of Accrued Consulting Fees Into Common Shares
ConversionOfAccruedConsultingFeesIntoCommonShares
|
338608 | usd | |
LFAP |
Conversion Of Related Party Notes Payable Into Common Shares
ConversionOfRelatedPartyNotesPayableIntoCommonShares
|
16085 | usd | |
LFAP |
Conversion Of Series C Preferred Stock Into Common Stock
ConversionOfSeriesCPreferredStockIntoCommonStock
|
78000 | usd | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5260580 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
|
1120000 | usd |
CY2021Q1 | LFAP |
Common Shares Issued For Services And Compensation
CommonSharesIssuedForServicesAndCompensation
|
236448 | usd |
CY2021Q1 | LFAP |
Conversion Of Convertible Debenture And Notes
ConversionOfConvertibleDebentureAndNotes
|
356354 | usd |
CY2021Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
1722 | usd |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1617405 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5166906 | usd |
CY2021Q2 | LFAP |
Stock Issued During Period Value Debenture Conversion
StockIssuedDuringPeriodValueDebentureConversion
|
1921510 | usd |
CY2021Q2 | LFAP |
Shares Issued Conversion Of Notes And Payables
SharesIssuedConversionOfNotesAndPayables
|
204364 | usd |
CY2021Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
9519 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-3747079 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-6797631 | usd |
CY2021Q3 | LFAP |
Stock Issued During Period Value Debenture Conversion
StockIssuedDuringPeriodValueDebentureConversion
|
324603 | usd |
CY2021Q3 | LFAP |
Common Shares Issued Pursuant To Equity Line Of Credit
CommonSharesIssuedPursuantToEquityLineOfCredit
|
85696 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
125000 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
6900 | usd |
CY2021Q3 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
19625 | usd |
CY2021Q3 | us-gaap |
Profit Loss
ProfitLoss
|
381060 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5893997 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5869943 | usd |
CY2022Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
22720 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-921819 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-6814482 | usd |
CY2022Q2 | LFAP |
Conversion Of Convertible Debenture And Notes
ConversionOfConvertibleDebentureAndNotes
|
126561 | usd |
CY2022Q2 | LFAP |
Adjustment To Additional Paid In Reclassification Of Preferred Stock
AdjustmentToAdditionalPaidInReclassificationOfPreferredStock
|
-1015999 | usd |
CY2022Q2 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
22150 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-2489020 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10215094 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10215094 | usd |
CY2022Q3 | LFAP |
Stock Issued During Period Value Debenture Conversion
StockIssuedDuringPeriodValueDebentureConversion
|
112202 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-625727 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10728614 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10728614 | usd |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_80D_eus-gaap--NatureOfOperations_zmqkTZzvuMf3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1. <span id="xdx_825_zFKbKCvRV6Nk">Nature of Business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Throughout this report, the terms “our,” “we,” “us,” and the “Company” refer to LGBTQ Loyalty Holdings, Inc. (formerly LifeApps Brands Inc.), including its subsidiaries.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On January 25, 2019, we acquired LGBT Loyalty LLC, a New York limited liability company, with the goal of creating the first LGBTQ Loyalty Preference Index ETF (the “Index ETF”) to provide the LGBTQ community with the power to influence the allocation of capital within a financial Index ETF based upon LGBTQ consumer preferences. The Index ETF was intended to link the growing economic influence of the LGBTQ community and their allies with many of the top Fortune 500 companies that support and implement diversity, inclusion and equality policies within their organizations. The incorporation of diversity and inclusion in a company’s recruitment and human resource policies has become a key concern to investors as part of their growing focus on ESG allocations. Our data and analytics unequivocally reinforce that corporations that have embraced diversity and inclusion policies within their corporate culture perform at a higher level financially than their peers. This includes advancing a more invigorated workforce that attracts and retains the best talent. Innovation and agility have been identified as great benefits of diversity, and there is an increasing awareness of what has become known as ‘the power of difference’.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October 30, 2019, through our wholly-owned subsidiary Loyalty Preference Index, Inc. (“LPI”) and our strategically aligned partnerships with crowd-sourced data and analytic providers, we launched the LGBTQ100 ESG Index. This Index integrates LGBTQ community survey data into the methodology for a benchmark listing of the nation’s highest financially performing large-cap publicly listed corporations that our respondents believe are most committed to advancing equality. LPI is the index provider for the LGBTQ + ESG100 ETF; LGBTQ Loyalty was the Sponsor for the prospectus that was filed by the licensed Fund Adviser ProcureAM, and was approved by the Securities and Exchange Commission (“SEC”) in early January 2020. The LGBTQ + ESG100 ETF (the “Fund”) sought to track the investment results (before fees and expenses) of the LGBTQ100 ESG Index. In late 2020, LPI was renamed to Advancing Equality Preference, Inc.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On March 25, 2022, ProcureAM, LLC (“Adviser”), the adviser to the Fund, after consultation with the Company, the sponsor of the ETF, determined that the Fund should be closed. Based upon a recommendation by the Adviser, the Board of Trustees of Procure ETF Trust I (the “Trust”) approved a Plan of Liquidation for the Fund under which the Fund would be liquidated on or about April 28, 2022 (the “Liquidation Date”). The Liquidation Date may be changed without notice at the discretion of the officers of the Trust. Beginning when the Fund commences the liquidation of its portfolio, the Fund will not pursue its investment objectives or, with certain exceptions, engage in normal business activities, and the Fund may hold cash and securities that may not be consistent with the Fund’s investment objective and strategy, which may adversely affect Fund performance. On April 28, 2022, the Company effectuated the termination and liquidation of the Fund pursuant to the terms of a Plan of Liquidation. As of this date, the Fund has ceased operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12934 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
61551 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
1408776 | usd |
CY2022Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
723007 | usd |
CY2022Q2 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
2781435 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
10276640 | usd |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
1132010 | usd |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
12549667 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-23896819 | usd |
CY2022Q2 | LFAP |
Stockholders Equity Restated
StockholdersEquityRestated
|
-10215089 | usd |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
61551 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
51345 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
731866 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
1525750 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-1153224 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3410840 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-235414 | usd | |
CY2022Q2 | LFAP |
Debenture Conversions
DebentureConversions
|
126562 | usd |
CY2022Q3 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
3036614 | usd |
CY2021Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1398127 | usd |
CY2021Q4 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
1398127 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-24522546 | usd |
CY2022Q3 | LFAP |
Working Capital
WorkingCapital
|
-10762513 | usd |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.01 | |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.02 | |
us-gaap |
Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
|
<p id="xdx_848_eus-gaap--ComparabilityOfPriorYearFinancialData_zyNHPAGfDydj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_86D_zzBUoaNOkTbk">Prior Period Adjustments</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the first quarter of 2022, we determined that the Series D preferred stock included a substantive conversion option, and therefore should be equity classified. Previously, the amount was included as a current liability. We have reclassified the amount to Series D preferred stock equity and additional paid-in capital on the consolidated balance sheet and consolidated statement of stockholders’ equity as of December 31, 2021. We do not believe the change to be qualitatively material to the consolidated financial statements as of December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_849_eus-gaap--UseOfEstimates_zhBsfAcMYvC8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_865_zNztxc3PtE15">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheets and revenues and expenses during the years reported. Actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
3036614 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
11765142143 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
410464979 | shares | |
CY2022Q3 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
1800 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
1800 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.02 | pure |
CY2021Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.02 | pure |
CY2022Q1 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
70000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
33899 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
53243 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
19344 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
19344 | usd | |
CY2022Q2 | us-gaap |
Loans Payable
LoansPayable
|
130000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
100000 | usd |
CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
374125 | usd |
CY2022Q1 | us-gaap |
Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
|
0.0015 | |
CY2022Q1 | us-gaap |
Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
|
0.008109 | |
CY2022Q2 | us-gaap |
Common Stock Convertible Conversion Price Decrease
CommonStockConvertibleConversionPriceDecrease
|
0.0006 | |
CY2022Q2 | us-gaap |
Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
|
0.008109 | |
CY2021Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
140000000 | shares |
CY2022Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
0 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2496152 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2221027 | usd |
CY2022Q3 | LFAP |
Original Issue Discount
OriginalIssueDiscount
|
-79962 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
1162 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
25882 | usd |
CY2022Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
2415028 | usd |
CY2021Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
2195145 | usd |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
0.001 | |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
0.004 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
28333333 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
174058782 | shares |