Superior Drilling Products, Inc.

$ Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-K Financial Statement

#000149315224010123 Filed on March 15, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023

Balance Sheet

Concept	2024 Q1	2023 Q4	2023
SHORT-TERM ASSETS
Cash & Short-Term Investments	$2.080M	$2.671M	$2.671M
YoY Change	6.36%	23.75%	23.75%
Cash & Equivalents	$2.080M	$2.671M
Short-Term Investments
Other Short-Term Assets	$433.1K	$373.6K	$708.7K
YoY Change	184.52%	166.39%	39.5%
Inventory	$2.696M	$2.706M	$2.706M
Prepaid Expenses	$323.2K	$335.2K
Receivables	$2.356M	$2.670M	$2.670M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$7.888M	$8.756M	$8.756M
YoY Change	-9.05%	6.72%	9.61%
LONG-TERM ASSETS
Property, Plant & Equipment	$11.04M	$11.24M	$11.69M
YoY Change	7.77%	31.08%	26.9%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$199.8K	$199.8K	$6.587M
YoY Change	77.43%	79.18%	1911.19%
Total Long-Term Assets	$18.04M	$18.28M	$18.28M
YoY Change	64.18%	94.56%	90.18%
TOTAL ASSETS
Total Short-Term Assets	$7.888M	$8.756M	$8.756M
Total Long-Term Assets	$18.04M	$18.28M	$18.28M
Total Assets	$25.93M	$27.04M	$27.04M
YoY Change	31.87%	53.61%	53.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.776M	$1.548M	$1.548M
YoY Change	6.7%	48.3%	48.3%
Accrued Expenses	$1.301M	$870.1K	$924.1K
YoY Change	66.32%	-2.44%	-1.28%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due	$543.8K	$635.3K	$718.9K
YoY Change	-53.04%	-43.57%	-40.11%
Total Short-Term Liabilities	$4.413M	$3.817M	$3.817M
YoY Change	6.11%	1.85%	1.85%
LONG-TERM LIABILITIES
Long-Term Debt	$1.557M	$1.610M	$5.564M
YoY Change	218.28%	204.04%	21.82%
Other Long-Term Liabilities	$953.8K	$1.000M	$1.000M
YoY Change	-18.36%	-16.51%	-16.51%
Total Long-Term Liabilities	$1.557M	$1.610M	$6.565M
YoY Change	218.28%	204.04%	13.85%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.413M	$3.817M	$3.817M
Total Long-Term Liabilities	$1.557M	$1.610M	$6.565M
Total Liabilities	$10.85M	$10.38M	$10.38M
YoY Change	10.38%	9.13%	9.13%
SHAREHOLDERS EQUITY
Retained Earnings	-$30.27M	-$28.45M
YoY Change	-11.93%	-20.72%
Common Stock	$45.35M	$45.11M
YoY Change	2.59%	2.57%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$15.07M	$16.65M	$16.65M
YoY Change
Total Liabilities & Shareholders Equity	$25.93M	$27.04M	$27.04M
YoY Change	31.87%	53.61%	53.61%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2023	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2023	dei	Entity Central Index Key EntityCentralIndexKey	0001600422
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CY2023Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill		usd
CY2022Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet		usd
CY2023Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent		usd
CY2023Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2022	SDPI	Recovery Of Related Party Note Receivable RecoveryOfRelatedPartyNoteReceivable		usd
CY2023	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf		usd
CY2022	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1		usd
CY2022	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt		usd
CY2022	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit		usd
CY2023	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf		usd
CY2022	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1		usd
CY2023	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities		usd
CY2023	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome		usd
CY2022	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment		usd
CY2022	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
CY2022	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts		usd
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CY2023	SDPI	Noncash Item Related To Deferred Income NoncashItemRelatedToDeferredIncome		usd
CY2022	SDPI	Property Plant And Equipment In Accounts Payable PropertyPlantAndEquipmentInAccountsPayable		usd
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CY2023Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet		usd
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CY2022Q4	us-gaap	Deferred Tax Liabilities Prepaid Expenses DeferredTaxLiabilitiesPrepaidExpenses		usd
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CY2022Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet		usd
CY2022	us-gaap	Income Tax Reconciliation Other Reconciling Items IncomeTaxReconciliationOtherReconcilingItems		usd
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CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate		pure
CY2022	SDPI	Amount Of Dilutive Securities Stock Options And Restrictive Shares Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveSharesUnits		shares
CY2023	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment		shares
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
CY2023	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2023	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity File Number EntityFileNumber	001-36453
CY2023	dei	Entity Registrant Name EntityRegistrantName	SUPERIOR DRILLING PRODUCTS, INC.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	UT
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	46-4341605
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	1583 South 1700 East
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Vernal
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	UT
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	84078
CY2023	dei	City Area Code CityAreaCode	435
CY2023	dei	Local Phone Number LocalPhoneNumber	789-0594
CY2023	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
CY2023	dei	Trading Symbol TradingSymbol	SDPI
CY2023	dei	Security Exchange Name SecurityExchangeName	NYSE
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2023	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2023	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2023Q2	dei	Entity Public Float EntityPublicFloat	13340466	usd
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	30391240	shares
CY2023	dei	Auditor Firm AuditorFirmId	659
CY2023	dei	Auditor Name AuditorName	Moss Adams LLP
CY2023	dei	Auditor Location AuditorLocation	Dallas, Texas
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2670626	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2158025	usd
CY2023Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2670361	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	3241221	usd
CY2023Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	335152	usd
CY2022Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	367823	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	2706491	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	2081260	usd
CY2022Q4	us-gaap	Assets Held For Sale Not Part Of Disposal Group Current AssetsHeldForSaleNotPartOfDisposalGroupCurrent	216000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	373587	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	140238	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	8756217	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	8204567	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11242251	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8576851	usd
CY2022Q4	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	69444	usd
CY2023Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	451094	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	638102	usd
CY2023Q4	us-gaap	Deferred Income Tax Assets Net DeferredIncomeTaxAssetsNet	6387240	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	199816	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	111519	usd
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CY2022Q4	us-gaap	Assets Assets	17600483	usd
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CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	891793	usd
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CY2022Q4	us-gaap	Taxes Payable Current TaxesPayableCurrent	351618	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	54034	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	44273	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	83648	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	74636	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	635273	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	1125864	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	216000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3817089	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	3747765	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	325480	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	523375	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	3954373	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	4038022	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1609868	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	529499	usd
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CY2022Q4	us-gaap	Deferred Income Noncurrent DeferredIncomeNoncurrent	675000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	10381810	usd
CY2022Q4	us-gaap	Liabilities Liabilities	9513661	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
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CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	30391240	shares
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CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	27036618	usd
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CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20973551	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19097687	usd
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CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	1936450	usd
CY2023	us-gaap	Investment Income Interest InvestmentIncomeInterest	60950	usd
CY2022	us-gaap	Investment Income Interest InvestmentIncomeInterest	26675	usd
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CY2022	us-gaap	Interest Expense InterestExpense	572624	usd
CY2023	SDPI	Recovery Of Related Party Note Receivable RecoveryOfRelatedPartyNoteReceivable	350262	usd
CY2022	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	130375	usd
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CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1385064	usd
CY2022	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	1260126	usd
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CY2023	us-gaap	Operating Lease Right Of Use Asset Amortization Expense OperatingLeaseRightOfUseAssetAmortizationExpense	211935	usd
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CY2023	us-gaap	Share Based Compensation ShareBasedCompensation	926639	usd
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CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-6345914	usd
CY2022	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	130375	usd
CY2023	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-70664	usd
CY2023	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	-10618	usd
CY2022	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	-18524	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-570860	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	369289	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	625231	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	906625	usd
CY2023	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	288975	usd
CY2022	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	62946	usd
CY2023	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-363657	usd
CY2022	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	127274	usd
CY2023	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	233511	usd
CY2022	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	145128	usd
CY2022	us-gaap	Increase Decrease In Other Current Liabilities IncreaseDecreaseInOtherCurrentLiabilities	216000	usd
CY2022	us-gaap	Increase Decrease In Loans Deferred Income IncreaseDecreaseInLoansDeferredIncome	-675000	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3193933	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3547404	usd
CY2023	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3741419	usd
CY2022	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	3330206	usd
CY2023	us-gaap	Proceeds From Sale Of Property Plant And Equipment ProceedsFromSaleOfPropertyPlantAndEquipment	350262	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3391157	usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3330206	usd
CY2023	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	660706	usd
CY2022	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	1694730	usd
CY2023	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	2072406	usd
CY2022	us-gaap	Proceeds From Issuance Of Debt ProceedsFromIssuanceOfDebt	997134	usd
CY2023	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	1645427	usd
CY2022	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	817113	usd
CY2023	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	828626	usd
CY2022	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	633436	usd
CY2023	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	6408	usd
CY2023	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	90376	usd
CY2023	SDPI	Proceeds From Disgorgement Of Profits ProceedsFromDisgorgementOfProfits	198894	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	709825	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-881273	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	512601	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-664075	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2158025	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2822100	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2670626	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2158025	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	516987	usd
CY2022	us-gaap	Interest Paid Net InterestPaidNet	566336	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	63101	usd
CY2022	SDPI	Noncash Item Related To Deferred Income NoncashItemRelatedToDeferredIncome	675000	usd
CY2023	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	24927	usd
CY2022	us-gaap	Right Of Use Asset Obtained In Exchange For Operating Lease Liability RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability	748677	usd
CY2023	SDPI	Property Plant And Equipment In Accounts Payable PropertyPlantAndEquipmentInAccountsPayable	282639	usd
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84F_eus-gaap--UseOfEstimates_zEGDETjbOeI" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zkA5MapO7pHd">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts in the financial statements and accompanying notes. Actual results could differ from those estimates. Significant items subject to estimates and assumptions include the carrying amount and useful lives of property and equipment and intangible assets, impairment assessments, share-based compensation expense, and valuation allowances for accounts receivable, inventories, and deferred tax assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q4	us-gaap	Cash Cash	2504487	usd
CY2022Q4	us-gaap	Cash Cash	2158025	usd
CY2023Q4	us-gaap	Restricted Cash RestrictedCash	166139	usd
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2670626	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	2158025	usd
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	765000	usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	436000	usd
CY2023Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	10618	usd
CY2022Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3087	usd
CY2023	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_znHIm02Srafg" 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; color: Black"><b><span id="xdx_860_z3ca4YiabhKh">Concentrations of Credit Risk</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; color: Black"> </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; color: Black">The Company has two significant customers that represent <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--TwoCustomersMember_z0annfKrgpM8" title="Concentration risk percentage">85</span>% and <span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--TwoCustomersMember_zLTVg8cGOaog" title="Concentration risk percentage">88</span>% of our revenue for our North America segment for the years ended December 31, 2023 and 2022, respectively. These customers had approximately $<span id="xdx_908_eus-gaap--AccountsReceivableNet_iI_pp0p0_c20231231__srt--MajorCustomersAxis__custom--TwoCustomersMember_zXCTPMExvKjc" title="Accounts receivable">1,677,000</span> and $<span id="xdx_902_eus-gaap--AccountsReceivableNet_iI_pp0p0_c20221231__srt--MajorCustomersAxis__custom--TwoCustomersMember_zxMMSSlXi5qc" title="Accounts receivable">1,751,000</span> in accounts receivable at December 31, 2023 and 2022, respectively.</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; color: Black"> </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; color: Black">The Company had two significant vendors that represent <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20231231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--PurchasesMember__us-gaap--ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis__custom--TwoVendorsMember_zo18NzvT1KF4" title="Concentration risk percentage">12</span>% of our purchases and had approximately $<span id="xdx_903_eus-gaap--AccountsPayableCurrent_iI_pp0p0_c20231231__us-gaap--ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis__custom--TwoVendorsMember_z9i1fLxpypbb" title="Accounts payable current">440,000</span> in accounts payable at December 31, 2023. The Company had two significant vendors that represent <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--PurchasesMember__us-gaap--ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis__custom--TwoVendorsMember_zbQr1unHmQ0e" title="Concentration risk percentage">12</span>% of our purchases and had approximately $<span id="xdx_903_eus-gaap--AccountsPayableCurrent_iI_pp0p0_c20221231__us-gaap--ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis__custom--TwoVendorsMember_zmi82P6Csjm9" title="Accounts payable current">74,000</span> in accounts payable at December 31, 2022.</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; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></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; color: Black"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>SUPERIOR DRILLING PRODUCTS, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: Black"><b>NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</b></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; color: Black"> </span></p>
CY2022Q4	us-gaap	Deferred Income DeferredIncome	675000	usd
CY2023Q4	us-gaap	Deferred Income DeferredIncome	675000	usd
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20973551	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19097687	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	1835850	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	1334669	usd
CY2023Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	728840	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	168214	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	141801	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	578377	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	2706491	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	2081260	usd
CY2023Q4	us-gaap	Land Land	880416	usd
CY2022Q4	us-gaap	Land Land	880416	usd
CY2023Q4	SDPI	Buildings Gross BuildingsGross	4340078	usd
CY2022Q4	SDPI	Buildings Gross BuildingsGross	4764441	usd
CY2023Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	946247	usd
CY2022Q4	us-gaap	Leasehold Improvements Gross LeaseholdImprovementsGross	755039	usd
CY2023Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	16462886	usd
CY2022Q4	us-gaap	Machinery And Equipment Gross MachineryAndEquipmentGross	14546060	usd
CY2023Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	278158	usd
CY2022Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	628358	usd
CY2023Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	261760	usd
CY2022Q4	us-gaap	Property Plant And Equipment Other PropertyPlantAndEquipmentOther	265760	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	23169545	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	21840074	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	11927294	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	13263223	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11242251	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8576851	usd
CY2023	us-gaap	Depreciation Depreciation	1288000	usd
CY2022	us-gaap	Depreciation Depreciation	1337000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	14900000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	14900000	usd
CY2023Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14900000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	14830556	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	69444	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	69000	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	167000	usd
CY2023	us-gaap	Operating Lease Expense OperatingLeaseExpense	253000	usd
CY2022	us-gaap	Operating Lease Expense OperatingLeaseExpense	140000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Next Twelve Months LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths	253929	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Two LesseeOperatingLeaseLiabilityPaymentsDueYearTwo	67200	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Three LesseeOperatingLeaseLiabilityPaymentsDueYearThree	60000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due Year Four LesseeOperatingLeaseLiabilityPaymentsDueYearFour	40000	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Payments Due LesseeOperatingLeaseLiabilityPaymentsDue	421129	usd
CY2023Q4	us-gaap	Lessee Operating Lease Liability Undiscounted Excess Amount LesseeOperatingLeaseLiabilityUndiscountedExcessAmount	41615	usd
CY2023Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	379514	usd
CY2023	us-gaap	Operating Lease Payments OperatingLeasePayments	253292	usd
CY2022	us-gaap	Operating Lease Payments OperatingLeasePayments	216394	usd
CY2023Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P2Y2M8D
CY2022Q4	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P2Y10M9D
CY2023Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0725	pure
CY2022Q4	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.0725	pure
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2245141	usd
CY2022Q4	us-gaap	Long Term Debt LongTermDebt	1655363	usd
CY2023Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	635273	usd
CY2022Q4	us-gaap	Long Term Debt Current LongTermDebtCurrent	1125864	usd
CY2023Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	1609868	usd
CY2022Q4	us-gaap	Long Term Debt Noncurrent LongTermDebtNoncurrent	529499	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	635272	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	447648	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	479768	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	453871	usd
CY2023Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	228582	usd
CY2023Q4	us-gaap	Long Term Debt LongTermDebt	2245141	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	4038021	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	4112658	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	4038021	usd
CY2022Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	4112658	usd
CY2023Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	83648	usd
CY2022Q4	us-gaap	Finance Lease Liability Current FinanceLeaseLiabilityCurrent	74636	usd
CY2023Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	3954373	usd
CY2022Q4	us-gaap	Finance Lease Liability Noncurrent FinanceLeaseLiabilityNoncurrent	4038022	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Next Twelve Months FinanceLeaseLiabilityPaymentsDueNextTwelveMonths	325947	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Two FinanceLeaseLiabilityPaymentsDueYearTwo	330836	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Three FinanceLeaseLiabilityPaymentsDueYearThree	335799	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Four FinanceLeaseLiabilityPaymentsDueYearFour	340836	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due Year Five FinanceLeaseLiabilityPaymentsDueYearFive	345948	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due After Year Five FinanceLeaseLiabilityPaymentsDueAfterYearFive	2553574	usd
CY2023Q4	us-gaap	Finance Lease Liability Payments Due FinanceLeaseLiabilityPaymentsDue	4232940	usd
CY2023Q4	SDPI	Residual Value Of Leased Liability ResidualValueOfLeasedLiability	2188711	usd
CY2023Q4	us-gaap	Finance Lease Liability Undiscounted Excess Amount FinanceLeaseLiabilityUndiscountedExcessAmount	2383630	usd
CY2023Q4	us-gaap	Finance Lease Liability FinanceLeaseLiability	4038021	usd
CY2023	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	5346	usd
CY2022	us-gaap	Current State And Local Tax Expense Benefit CurrentStateAndLocalTaxExpenseBenefit	34046	usd
CY2023	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	289587	usd
CY2022	us-gaap	Current Foreign Tax Expense Benefit CurrentForeignTaxExpenseBenefit	160923	usd
CY2023	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	294933	usd
CY2022	us-gaap	Current Income Tax Expense Benefit CurrentIncomeTaxExpenseBenefit	194969	usd
CY2023	us-gaap	Deferred Federal Income Tax Expense Benefit DeferredFederalIncomeTaxExpenseBenefit	-6387240	usd
CY2023	us-gaap	Deferred State And Local Income Tax Expense Benefit DeferredStateAndLocalIncomeTaxExpenseBenefit	41326	usd
CY2023	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-6345914	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-6050981	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	194969	usd
CY2023Q4	SDPI	Deferred Tax Assets Adjustments DeferredTaxAssetsAdjustments	28514	usd
CY2022Q4	SDPI	Deferred Tax Assets Adjustments DeferredTaxAssetsAdjustments	23274	usd
CY2023Q4	SDPI	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities Non Current DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilitiesNonCurrent	132745	usd
CY2022Q4	SDPI	Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities Non Current DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilitiesNonCurrent	140900	usd
CY2022Q4	SDPI	Deferred Tax Assets Prepaid Expenses DeferredTaxAssetsPrepaidExpenses	-54589	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	179723	usd
CY2022Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost	180753	usd
CY2023Q4	SDPI	Deferred Tax Assets Stock Option DeferredTaxAssetsStockOption	4618	usd
CY2022Q4	SDPI	Deferred Tax Assets Stock Option DeferredTaxAssetsStockOption	69306	usd
CY2023Q4	us-gaap	Deferred Tax Assets Goodwill And Intangible Assets DeferredTaxAssetsGoodwillAndIntangibleAssets	1938657	usd
CY2022Q4	us-gaap	Deferred Tax Assets Goodwill And Intangible Assets DeferredTaxAssetsGoodwillAndIntangibleAssets	2246861	usd
CY2023Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2326992	usd
CY2022Q4	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	2509855	usd
CY2023Q4	SDPI	Deferred Tax Assets Allowances DeferredTaxAssetsAllowances	1383247	usd
CY2022Q4	SDPI	Deferred Tax Assets Allowances DeferredTaxAssetsAllowances	1509508	usd
CY2023Q4	SDPI	Deferred Tax Assets Saleleaseback Lease Liability DeferredTaxAssetsSaleleasebackLeaseLiability	850804	usd
CY2022Q4	SDPI	Deferred Tax Assets Saleleaseback Lease Liability DeferredTaxAssetsSaleleasebackLeaseLiability	919766	usd
CY2023Q4	SDPI	Deferred Tax Assets Right Of Use Asset DeferredTaxAssetsRightOfUseAsset	95048	usd
CY2023Q4	SDPI	Grant Income GrantIncome	142227	usd
CY2022Q4	SDPI	Grant Income GrantIncome	150964	usd
CY2023Q4	us-gaap	Deferred Tax Assets Tax Deferred Expense Other DeferredTaxAssetsTaxDeferredExpenseOther	196305	usd
CY2023Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	20187	usd
CY2022Q4	us-gaap	Deferred Tax Assets Other DeferredTaxAssetsOther	20512	usd
CY2023Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	7299067	usd
CY2022Q4	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	7717110	usd
CY2023Q4	SDPI	Deferred Tax Liabilities Depreciation On Saleleaseback Fixed Assets DeferredTaxLiabilitiesDepreciationOnSaleleasebackFixedAssets	756823	usd
CY2022Q4	SDPI	Deferred Tax Liabilities Depreciation On Saleleaseback Fixed Assets DeferredTaxLiabilitiesDepreciationOnSaleleasebackFixedAssets	836027	usd
CY2022Q4	SDPI	Deferred Tax Liabilities Depreciation On Fixed Assets DeferredTaxLiabilitiesDepreciationOnFixedAssets	-134483	usd
CY2023Q4	us-gaap	Deferred Tax Liabilities Prepaid Expenses DeferredTaxLiabilitiesPrepaidExpenses	59956	usd
CY2023Q4	SDPI	Deferred Tax Liabilities Right Of Use Liability DeferredTaxLiabilitiesRightOfUseLiability	95048	usd
CY2023Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	911827	usd
CY2022Q4	us-gaap	Deferred Income Tax Liabilities DeferredIncomeTaxLiabilities	701544	usd
CY2023Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	6387240	usd
CY2022Q4	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet	7015566	usd
CY2022Q4	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	7015566	usd
CY2023Q4	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	6387240	usd
CY2023	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	290863	usd
CY2022	us-gaap	Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate	267604	usd
CY2023	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	4223	usd
CY2022	us-gaap	Income Tax Reconciliation State And Local Income Taxes IncomeTaxReconciliationStateAndLocalIncomeTaxes	26896	usd
CY2023	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	228774	usd
CY2022	us-gaap	Income Tax Reconciliation Foreign Income Tax Rate Differential IncomeTaxReconciliationForeignIncomeTaxRateDifferential	127129	usd
CY2023	SDPI	Income Tax Reconciliation Permanent Differences IncomeTaxReconciliationPermanentDifferences	-61350	usd
CY2022	SDPI	Income Tax Reconciliation Permanent Differences IncomeTaxReconciliationPermanentDifferences	-46609	usd
CY2023	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-628326	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance	-780662	usd
CY2023	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	563	usd
CY2022	us-gaap	Income Tax Reconciliation Nondeductible Expense Other IncomeTaxReconciliationNondeductibleExpenseOther	11704	usd
CY2023	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	406461	usd
CY2022	us-gaap	Income Tax Reconciliation Change In Enacted Tax Rate IncomeTaxReconciliationChangeInEnactedTaxRate	586430	usd
CY2023	us-gaap	Income Tax Reconciliation Other Reconciling Items IncomeTaxReconciliationOtherReconcilingItems	41326	usd
CY2023	SDPI	Income Tax Reconciliation Deferred Tax Assets Valuation Allowance IncomeTaxReconciliationDeferredTaxAssetsValuationAllowance	-6387240	usd
CY2023	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	53725	usd
CY2022	us-gaap	Income Tax Reconciliation Other Adjustments IncomeTaxReconciliationOtherAdjustments	2477	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-6050981	usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	194969	usd
CY2023Q4	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	11043780	usd
CY2023	us-gaap	Operating Loss Carryforwards Limitations On Use OperatingLossCarryforwardsLimitationsOnUse	The pre-2018 losses will begin to expire between 2035 and 2037. The post-2017 losses can be carried forward indefinitely, however, only 80% of these losses can offset taxable income in a given year.
CY2023Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	626000	usd
CY2022Q4	us-gaap	Accrued Income Taxes Current AccruedIncomeTaxesCurrent	352000	usd
CY2023	us-gaap	Income Tax Examination Penalties Expense IncomeTaxExaminationPenaltiesExpense	0	usd
CY2022	us-gaap	Income Tax Examination Penalties Expense IncomeTaxExaminationPenaltiesExpense	0	usd
CY2023	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.5950	pure
CY2022	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate	0.5950	pure
CY2023	SDPI	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Fair Value Inputs Discount Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsFairValueInputsDiscountRate	0.0398	pure
CY2022	SDPI	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Fair Value Inputs Discount Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsFairValueInputsDiscountRate	0.0398	pure
CY2023	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2022	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1 SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1	P3Y
CY2023	us-gaap	Net Income Loss NetIncomeLoss	7436045	usd
CY2022	us-gaap	Net Income Loss NetIncomeLoss	1065157	usd
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	29698498	shares
CY2022	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	28643464	shares
CY2023	SDPI	Amount Of Dilutive Securities Stock Options And Restrictive Shares Units AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveSharesUnits	74000	shares
CY2022	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	31636	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	29772498	shares
CY2022	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	28675100	shares
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.25
CY2022	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.25
CY2022	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.04
CY2023	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	20973551	usd
CY2022	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19097687	usd
CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	1776965	usd
CY2022	us-gaap	Operating Income Loss OperatingIncomeLoss	1936450	usd
CY2023	us-gaap	Depreciation Depreciation	1287994	usd
CY2022	us-gaap	Depreciation Depreciation	1337309	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	11242251	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	8576851	usd

Files In Submission

Name	View Source	Status
0001493152-24-010123-index-headers.html	Edgar Link	pending
0001493152-24-010123-index.html	Edgar Link	pending
0001493152-24-010123.txt	Edgar Link	pending
0001493152-24-010123-xbrl.zip	Edgar Link	pending
ex21-1.htm	Edgar Link	pending
ex23-1.htm	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex31-2.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
ex32-2.htm	Edgar Link	pending
ex4-1.htm	Edgar Link	pending
ex97-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-k.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
form10-k_htm.xml	Edgar Link	completed
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
sdpi-20231231.xsd	Edgar Link	pending
Show.js	Edgar Link	pending
sdpi-20231231_lab.xml	Edgar Link	unprocessable
sdpi-20231231_pre.xml	Edgar Link	unprocessable
sdpi-20231231_cal.xml	Edgar Link	unprocessable
sdpi-20231231_def.xml	Edgar Link	unprocessable

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Superior Drilling Products, Inc.

2024 Q1 Form 10-K Financial Statement

#000149315224010123 Filed on March 15, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission