2024 Q4 Form 10-Q Financial Statement
#000149315224046821 Filed on November 19, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
Revenue | $16.28K | ||
YoY Change | |||
Cost Of Revenue | $13.58K | ||
YoY Change | |||
Gross Profit | $2.700K | ||
YoY Change | |||
Gross Profit Margin | 16.58% | ||
Selling, General & Admin | $305.5K | $3.631M | |
YoY Change | 50.42% | 15.82% | |
% of Gross Profit | 134480.74% | ||
Research & Development | $54.04K | ||
YoY Change | -299.79% | ||
% of Gross Profit | |||
Depreciation & Amortization | $169.3K | $169.8K | |
YoY Change | -0.44% | 2434.93% | |
% of Gross Profit | 6290.37% | ||
Operating Expenses | $5.605M | $3.789M | |
YoY Change | 3084.47% | 16.03% | |
Operating Profit | -$5.605M | -$3.786M | |
YoY Change | 243.67% | ||
Interest Expense | -$631.0K | -$1.994M | |
YoY Change | -69.81% | 27.74% | |
% of Operating Profit | |||
Other Income/Expense, Net | $314.0K | $2.469M | |
YoY Change | 36.51% | 19.01% | |
Pretax Income | -$5.847M | -$3.993M | |
YoY Change | 67.55% | 45.07% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$5.847M | -$3.993M | |
YoY Change | 67.4% | 45.07% | |
Net Earnings / Revenue | -24527.83% | ||
Basic Earnings Per Share | -$0.06 | ||
Diluted Earnings Per Share | -$0.06 | -$1.43 | |
COMMON SHARES | |||
Basic Shares Outstanding | 155.0M shares | 92.34M shares | 1.414M shares |
Diluted Shares Outstanding | 92.02M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.373M | $3.879M | |
YoY Change | 69.54% | 70.91% | |
Cash & Equivalents | $1.373M | $3.879M | |
Short-Term Investments | |||
Other Short-Term Assets | $74.94K | $272.9K | |
YoY Change | -70.02% | -54.4% | |
Inventory | $47.17K | $38.86K | |
Prepaid Expenses | $280.3K | $223.6K | |
Receivables | $163.00 | $30.86K | |
Other Receivables | $23.65K | $0.00 | |
Total Short-Term Assets | $1.944M | $4.221M | |
YoY Change | 67.52% | 44.73% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.612K | $125.4K | |
YoY Change | -97.18% | 3.04% | |
Goodwill | $314.4K | ||
YoY Change | |||
Intangibles | $8.370M | $12.73M | |
YoY Change | -33.68% | -2.72% | |
Long-Term Investments | $223.8K | ||
YoY Change | |||
Other Assets | $48.21K | $63.71K | |
YoY Change | -96.95% | ||
Total Long-Term Assets | $8.848M | $13.15M | |
YoY Change | -45.3% | -30.55% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.944M | $4.221M | |
Total Long-Term Assets | $8.848M | $13.15M | |
Total Assets | $10.79M | $17.37M | |
YoY Change | -37.75% | -20.5% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $612.1K | $1.074M | |
YoY Change | -1.89% | 115.49% | |
Accrued Expenses | $962.5K | $868.5K | |
YoY Change | 44.58% | 137.59% | |
Deferred Revenue | $15.34K | ||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | $1.094M | $4.085M | |
YoY Change | -76.58% | 3.62% | |
Total Short-Term Liabilities | $3.160M | $6.042M | |
YoY Change | -53.94% | 12.71% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $44.45K | $45.37K | |
YoY Change | 11.13% | 2.42% | |
Other Long-Term Liabilities | $25.17K | $2.716M | |
YoY Change | -99.18% | -53.96% | |
Total Long-Term Liabilities | $25.17K | $2.761M | |
YoY Change | -99.19% | -53.54% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.160M | $6.042M | |
Total Long-Term Liabilities | $25.17K | $2.761M | |
Total Liabilities | $4.122M | $8.803M | |
YoY Change | -58.72% | -22.12% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$57.91M | -$44.50M | |
YoY Change | 42.95% | 35.67% | |
Common Stock | $62.13M | $49.83M | |
YoY Change | 48.31% | 83.58% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.669M | $8.565M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.79M | $17.37M | |
YoY Change | -37.75% | -20.5% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$5.847M | -$3.993M | |
YoY Change | 67.4% | 45.07% | |
Depreciation, Depletion And Amortization | $169.3K | $169.8K | |
YoY Change | -0.44% | 2434.93% | |
Cash From Operating Activities | -$1.201M | -$1.065M | |
YoY Change | 9.15% | -66.62% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $225.0K | ||
YoY Change | -687.93% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$356.1K | $0.00 | |
YoY Change | -100.0% | ||
Cash From Investing Activities | -$356.1K | -$225.0K | |
YoY Change | 1243.28% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 4.534M | |
YoY Change | -100.0% | -300.66% | |
NET CHANGE | |||
Cash From Operating Activities | -1.201M | -1.065M | |
Cash From Investing Activities | -356.1K | -225.0K | |
Cash From Financing Activities | 0.000 | 4.534M | |
Net Change In Cash | -1.557M | 3.244M | |
YoY Change | 238.42% | -159.33% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.201M | -$1.065M | |
Capital Expenditures | $225.0K | ||
Free Cash Flow | -$1.290M | ||
YoY Change | -59.08% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023 | us-gaap |
Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
|
Unlimited | |
AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
usd | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | ||
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
usd | ||
CY2024Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
486521 | usd |
CY2023Q3 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
603242 | usd |
CY2023Q3 | AGRI |
Investor And Public Relations
InvestorAndPublicRelations
|
61319 | usd |
AGRI |
Investor And Public Relations
InvestorAndPublicRelations
|
104460 | usd | |
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
800 – 525 West 8th Avenue | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Vancouver | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
BC | ||
dei |
Entity Address Country
EntityAddressCountry
|
CA | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
V5Z 1C6 | ||
dei |
City Area Code
CityAreaCode
|
(604) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
757-0952 | ||
CY2024Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
23646 | usd |
CY2023Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
30859 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
499682 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
272872 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
38857 | usd |
CY2024Q3 | us-gaap |
Assets Current
AssetsCurrent
|
1943959 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
4221166 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2612 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11801 | usd |
CY2024Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
8370423 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
12733885 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
47174 | usd |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001826397 | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
A1 | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
00-0000000 | ||
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
usd | |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
usd | |
CY2024Q3 | us-gaap |
Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
|
usd | |
CY2023Q4 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
usd | |
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
usd | |
CY2023Q4 | us-gaap |
Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
|
usd | |
CY2024Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
us-gaap |
Common Stock Shares Authorized Unlimited
CommonStockSharesAuthorizedUnlimited
|
Unlimited | ||
CY2024Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
usd | |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
usd | ||
CY2024Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
usd | |
CY2023Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
usd | ||
CY2024Q3 | us-gaap |
Gross Profit
GrossProfit
|
usd | |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
usd | |
us-gaap |
Gross Profit
GrossProfit
|
usd | ||
CY2023Q3 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
usd | ||
CY2023Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
CY2023Q3 | AGRI |
Gain Loss On Extinguishment Of Warrant Liability
GainLossOnExtinguishmentOfWarrantLiability
|
usd | |
AGRI |
Gain Loss On Extinguishment Of Warrant Liability
GainLossOnExtinguishmentOfWarrantLiability
|
usd | ||
CY2023Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | ||
CY2024Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
usd | |
CY2023Q3 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
usd | |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
usd | ||
CY2024Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
usd | |
CY2023Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
usd | ||
CY2024Q3 | AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
usd | |
CY2023Q3 | AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
usd | |
AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
usd | ||
CY2024Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
usd | |
AGRI |
Stock Issued During Period Value Conversion Of Vested Prefunded Warrants
StockIssuedDuringPeriodValueConversionOfVestedPrefundedWarrants
|
usd | ||
CY2023Q3 | AGRI |
Stock Issued During Period Value Conversion Of Vested Prefunded Warrants
StockIssuedDuringPeriodValueConversionOfVestedPrefundedWarrants
|
usd | |
AGRI |
Stock Issued During Period Value Conversion Of Vested Prefunded Warrants
StockIssuedDuringPeriodValueConversionOfVestedPrefundedWarrants
|
usd | ||
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
usd | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
usd | ||
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
usd | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
usd | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
usd | ||
AGRI |
Increase Decrease In Lease Deposit Asset
IncreaseDecreaseInLeaseDepositAsset
|
usd | ||
AGRI |
Increase Decrease In Rightofuse Asset
IncreaseDecreaseInRightofuseAsset
|
usd | ||
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
usd | ||
AGRI |
Payments To Acquire Note Payable
PaymentsToAcquireNotePayable
|
usd | ||
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
AGRI |
Initial Fair Value Of Debenture Warrants Fifth Tranche Warrants
InitialFairValueOfDebentureWarrantsFifthTrancheWarrants
|
usd | ||
AGRI |
Initial Fair Value Of Conversion Feature Of Debentures Fifth Tranche Debentures
InitialFairValueOfConversionFeatureOfDebenturesFifthTrancheDebentures
|
usd | ||
AGRI |
Initial Fair Value Of Debenture Warrants Sixth Tranche Warrants
InitialFairValueOfDebentureWarrantsSixthTrancheWarrants
|
usd | ||
AGRI |
Initial Fair Value Of Conversion Feature Of Debentures Six Tranche Debentures
InitialFairValueOfConversionFeatureOfDebenturesSixTrancheDebentures
|
usd | ||
AGRI |
Initial Fair Value Of Debenture Warrants Seventh Tranche Warrants
InitialFairValueOfDebentureWarrantsSeventhTrancheWarrants
|
usd | ||
AGRI |
Initial Fair Value Of Conversion Feature Of Debentures Seventh Tranche Debentures
InitialFairValueOfConversionFeatureOfDebenturesSeventhTrancheDebentures
|
usd | ||
us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
usd | ||
AGRI |
Forgiveness Of Note Payable In Business Combination
ForgivenessOfNotePayableInBusinessCombination
|
usd | ||
AGRI |
Initial Fair Value Of Contingent Consideration For Business Combination
InitialFairValueOfContingentConsiderationForBusinessCombination
|
usd | ||
AGRI |
Cancellation Of Investment Balance Due To Business Combination
CancellationOfInvestmentBalanceDueToBusinessCombination
|
usd | ||
AGRI |
Conversion Of Prefunded Warrants To Equity
ConversionOfPrefundedWarrantsToEquity
|
usd | ||
AGRI |
Shares Issued For Business Combination
SharesIssuedForBusinessCombination
|
usd | ||
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
usd | |
us-gaap |
Revenues
Revenues
|
usd | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
usd | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-40578 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
AGRIFORCE GROWING SYSTEMS LTD. | ||
dei |
Security12b Title
Security12bTitle
|
Common Shares | ||
dei |
Trading Symbol
TradingSymbol
|
AGRI | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
155029573 | shares |
CY2024Q3 | us-gaap |
Cash
Cash
|
1373294 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
3878578 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
163 | usd |
CY2024Q3 | us-gaap |
Goodwill
Goodwill
|
314387 | usd |
CY2024Q3 | AGRI |
Lease Deposit Noncurrent Assets
LeaseDepositNoncurrentAssets
|
48206 | usd |
CY2023Q4 | AGRI |
Lease Deposit Noncurrent Assets
LeaseDepositNoncurrentAssets
|
63708 | usd |
CY2024Q3 | AGRI |
Construction In Progress
ConstructionInProgress
|
112281 | usd |
CY2023Q4 | AGRI |
Construction In Progress
ConstructionInProgress
|
113566 | usd |
CY2023Q4 | us-gaap |
Investments And Other Noncurrent Assets
InvestmentsAndOtherNoncurrentAssets
|
223801 | usd |
CY2024Q3 | us-gaap |
Assets
Assets
|
10791868 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
17367927 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2024621 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1942011 | usd |
CY2024Q3 | us-gaap |
Secured Debt Current
SecuredDebtCurrent
|
1093907 | usd |
CY2023Q4 | us-gaap |
Secured Debt Current
SecuredDebtCurrent
|
4084643 | usd |
CY2024Q3 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
41659 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
15336 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3160187 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
6041990 | usd |
CY2024Q3 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
25165 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
25684 | usd |
CY2024Q3 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
854022 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
|
2690308 | usd |
CY2024Q3 | us-gaap |
Asset Acquisition Contingent Consideration Liability Noncurrent
AssetAcquisitionContingentConsiderationLiabilityNoncurrent
|
38559 | usd |
CY2024Q3 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
44448 | usd |
CY2023Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
45365 | usd |
CY2024Q3 | us-gaap |
Liabilities
Liabilities
|
4122381 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
8803347 | usd |
CY2024Q3 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2023Q4 | us-gaap |
Common Stock No Par Value
CommonStockNoParValue
|
0 | |
CY2024Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
99343334 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
99343334 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5841045 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5841045 | shares |
CY2024Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
62130241 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
49828942 | usd |
CY2024Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2964795 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3472444 | usd |
CY2024Q3 | AGRI |
Obligation To Issue Shares
ObligationToIssueShares
|
44214 | usd |
CY2023Q4 | AGRI |
Obligation To Issue Shares
ObligationToIssueShares
|
97094 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-57914468 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-44507304 | usd |
CY2024Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-555295 | usd |
CY2023Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-326596 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6669487 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8564580 | usd |
CY2024Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10791868 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
17367927 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1:50 reverse stock split | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
41315 | usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
34192 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
7123 | usd | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
1205741 | usd | |
us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
2319026 | usd | |
CY2024Q3 | AGRI |
Consulting Fees Or Expenses
ConsultingFeesOrExpenses
|
177215 | usd |
CY2023Q3 | AGRI |
Consulting Fees Or Expenses
ConsultingFeesOrExpenses
|
147190 | usd |
AGRI |
Consulting Fees Or Expenses
ConsultingFeesOrExpenses
|
363411 | usd | |
AGRI |
Consulting Fees Or Expenses
ConsultingFeesOrExpenses
|
1032210 | usd | |
CY2024Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
112361 | usd |
CY2023Q3 | us-gaap |
Professional Fees
ProfessionalFees
|
277694 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
442090 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
1026044 | usd | |
CY2024Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
285186 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
191829 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
864983 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
821358 | usd | |
CY2024Q3 | AGRI |
Investor And Public Relations
InvestorAndPublicRelations
|
61814 | usd |
AGRI |
Investor And Public Relations
InvestorAndPublicRelations
|
451184 | usd | |
CY2024Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
169248 | usd |
CY2023Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
172096 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
499187 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
512695 | usd | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
63552 | usd |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
80537 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
127674 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
565861 | usd | |
CY2024Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
20281 | usd |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
11242 | usd |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
96107 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
173568 | usd | |
CY2024Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
782 | usd |
CY2023Q3 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
73261 | usd |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
59358 | usd | |
us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
222535 | usd | |
CY2024Q3 | AGRI |
Travel And Entertainment
TravelAndEntertainment
|
23757 | usd |
CY2023Q3 | AGRI |
Travel And Entertainment
TravelAndEntertainment
|
3813 | usd |
AGRI |
Travel And Entertainment
TravelAndEntertainment
|
31915 | usd | |
AGRI |
Travel And Entertainment
TravelAndEntertainment
|
104938 | usd | |
CY2024Q3 | AGRI |
Shareholder And Regulatory
ShareholderAndRegulatory
|
13431 | usd |
CY2023Q3 | AGRI |
Shareholder And Regulatory
ShareholderAndRegulatory
|
35857 | usd |
AGRI |
Shareholder And Regulatory
ShareholderAndRegulatory
|
98880 | usd | |
AGRI |
Shareholder And Regulatory
ShareholderAndRegulatory
|
114674 | usd | |
CY2024Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
54036 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
-27046 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
58130 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
22312 | usd | |
CY2024Q3 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
4137271 | usd |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
4137271 | usd | |
CY2024Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5605455 | usd |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1631034 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
8089207 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
7366405 | usd | |
CY2024Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5605455 | usd |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1631034 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8082084 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7366405 | usd | |
CY2024Q3 | AGRI |
Accretion Interest On Debentures
AccretionInterestOnDebentures
|
469684 | usd |
CY2023Q3 | AGRI |
Accretion Interest On Debentures
AccretionInterestOnDebentures
|
2064936 | usd |
AGRI |
Accretion Interest On Debentures
AccretionInterestOnDebentures
|
2672765 | usd | |
AGRI |
Accretion Interest On Debentures
AccretionInterestOnDebentures
|
6045214 | usd | |
CY2024Q3 | AGRI |
Gain Loss On Conversion Of Convertible Debt
GainLossOnConversionOfConvertibleDebt
|
-235376 | usd |
CY2023Q3 | AGRI |
Gain Loss On Conversion Of Convertible Debt
GainLossOnConversionOfConvertibleDebt
|
-108125 | usd |
AGRI |
Gain Loss On Conversion Of Convertible Debt
GainLossOnConversionOfConvertibleDebt
|
-1627858 | usd | |
AGRI |
Gain Loss On Conversion Of Convertible Debt
GainLossOnConversionOfConvertibleDebt
|
-541730 | usd | |
CY2024Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
75119 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2223250 | usd | |
CY2024Q3 | AGRI |
Gain Loss On Extinguishment Of Warrant Liability
GainLossOnExtinguishmentOfWarrantLiability
|
14769 | usd |
AGRI |
Gain Loss On Extinguishment Of Warrant Liability
GainLossOnExtinguishmentOfWarrantLiability
|
14769 | usd | |
CY2024Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
505628 | usd |
CY2023Q3 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
326042 | usd |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
1198554 | usd | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
6159067 | usd | |
CY2024Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-97488 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-97488 | usd | |
CY2024Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-63834 | usd |
CY2023Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-25472 | usd |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
22918 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
1317 | usd | |
us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
4252 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
38470 | usd | |
AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
12000 | usd | |
CY2024Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
28956 | usd |
CY2023Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
10472 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
102762 | usd | |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
64887 | usd | |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5847365 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3493053 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13407164 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7740078 | usd | |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
179950 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-226286 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-228699 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
84719 | usd | |
CY2024Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-5667415 | usd |
CY2023Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-3719339 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-13635863 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7655359 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.06 | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.06 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-4.03 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-4.03 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.27 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.27 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-12.58 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-12.58 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
92015605 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
92015605 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
867110 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
867110 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50333281 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50333281 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
615152 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
615152 | shares | |
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1:50 reverse stock split | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11322990 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
708000 | usd |
CY2024Q3 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
295000 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
10912 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5847365 | usd |
CY2024Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
179950 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6669487 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8564580 | usd |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
11332607 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
62759 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
27624 | usd | |
us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
295000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
22780 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13407164 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-228699 | usd | |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6669487 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7309236 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
3013171 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
152055 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
640096 | usd |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
27150 | usd |
CY2023Q3 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
-72056 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3493053 | usd |
CY2023Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-226286 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7350313 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10542653 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10542653 | usd |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
4756872 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
355404 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
939695 | usd | |
us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
204880 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
80885 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
-2085960 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
211243 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7740078 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
84719 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7350313 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7350313 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1:50 reverse stock split | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13407164 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7740078 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
499187 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
512695 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
4137271 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
22780 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
211243 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
27624 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
80885 | usd | |
AGRI |
Shares Issued For Compensation
SharesIssuedForCompensation
|
62759 | usd | |
AGRI |
Shares Issued For Compensation
SharesIssuedForCompensation
|
355404 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
2619362 | usd | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
5873396 | usd | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
1198554 | usd | |
us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
6159067 | usd | |
AGRI |
Gain Loss On Conversion Of Convertible Debt
GainLossOnConversionOfConvertibleDebt
|
-1627858 | usd | |
AGRI |
Gain Loss On Conversion Of Convertible Debt
GainLossOnConversionOfConvertibleDebt
|
-541730 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-2223250 | usd | |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-4252 | usd | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-97488 | usd | |
AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
12000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
164 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-7213 | usd | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
25794 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
226810 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-344309 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
8317 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
38167 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
225000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
82610 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
783725 | usd | |
AGRI |
Increase Decrease In Lease Deposit Asset
IncreaseDecreaseInLeaseDepositAsset
|
-15502 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-15336 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
23333 | usd | |
AGRI |
Increase Decrease In Rightofuse Asset
IncreaseDecreaseInRightofuseAsset
|
134688 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-122894 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3429189 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5437592 | usd | |
AGRI |
Payments To Acquire Note Payable
PaymentsToAcquireNotePayable
|
202093 | usd | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
153986 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-356079 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1342915 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
153220 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
2250000 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
4615385 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
802282 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
1741950 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
84463 | usd | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
325962 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1363255 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3737168 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
-83271 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
|
17669 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2505284 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1682755 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3878578 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2269320 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1373294 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
586565 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
53403 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
171818 | usd | |
AGRI |
Initial Fair Value Of Debenture Warrants Fifth Tranche Warrants
InitialFairValueOfDebentureWarrantsFifthTrancheWarrants
|
564000 | usd | |
AGRI |
Initial Fair Value Of Conversion Feature Of Debentures Fifth Tranche Debentures
InitialFairValueOfConversionFeatureOfDebenturesFifthTrancheDebentures
|
359000 | usd | |
AGRI |
Initial Fair Value Of Debenture Warrants Sixth Tranche Warrants
InitialFairValueOfDebentureWarrantsSixthTrancheWarrants
|
242000 | usd | |
AGRI |
Initial Fair Value Of Conversion Feature Of Debentures Six Tranche Debentures
InitialFairValueOfConversionFeatureOfDebenturesSixTrancheDebentures
|
198000 | usd | |
AGRI |
Initial Fair Value Of Debenture Warrants Seventh Tranche Warrants
InitialFairValueOfDebentureWarrantsSeventhTrancheWarrants
|
369000 | usd | |
AGRI |
Initial Fair Value Of Conversion Feature Of Debentures Seventh Tranche Debentures
InitialFairValueOfConversionFeatureOfDebenturesSeventhTrancheDebentures
|
297000 | usd | |
AGRI |
Shares Issued For Conversion Of Convertible Debt
SharesIssuedForConversionOfConvertibleDebt
|
11322607 | usd | |
AGRI |
Shares Issued For Conversion Of Convertible Debt
SharesIssuedForConversionOfConvertibleDebt
|
4756872 | usd | |
us-gaap |
Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
39875 | usd | |
AGRI |
Forgiveness Of Note Payable In Business Combination
ForgivenessOfNotePayableInBusinessCombination
|
202093 | usd | |
AGRI |
Initial Fair Value Of Contingent Consideration For Business Combination
InitialFairValueOfContingentConsiderationForBusinessCombination
|
79000 | usd | |
AGRI |
Cancellation Of Investment Balance Due To Business Combination
CancellationOfInvestmentBalanceDueToBusinessCombination
|
118850 | usd | |
AGRI |
Conversion Of Prefunded Warrants To Equity
ConversionOfPrefundedWarrantsToEquity
|
530429 | usd | |
AGRI |
Shares Issued For Business Combination
SharesIssuedForBusinessCombination
|
295000 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_80D_eus-gaap--NatureOfOperations_zpBy5O2wW7Ik" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1. <span id="xdx_822_zE8CPdrGISw6">NATURE OF OPERATIONS AND BASIS OF PREPARATION</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Business Overview</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">AgriFORCE Growing Systems Ltd. (“AgriFORCE™” or the “Company”) was incorporated as a private company by Articles of Incorporation issued pursuant to the provisions of the <i>Business Corporations Act (British Columbia)</i> on December 22, 2017. The Company’s registered and records office address is at 800 – 525 West 8<sup>th</sup> Avenue, Vancouver, British Columbia, Canada, V5Z 1C6.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is an innovative sustainable technology focused company that strives to innovate and deliver sustainable technology solutions across a wide array of verticals utilization of our proprietary intellectual property to businesses and enterprises through our AgriFORCE™ Solutions division (“Solutions”) and deliver innovative flour products through our AgriFORCE™ Brands division (“Brands”). In the third quarter of 2024, the Company bought the assets of the Radical Clean Solutions (“RCS”) business for which it had bought an exclusive license to the agricultural industry in 2023. During 2023, the Company commenced efforts to launch its UN(THINK) Awakened Flour™, which is a nutritious flour that we believe provides health advantages over traditional flour.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">While Solutions’ legacy focus was to operate in the plant based pharmaceutical, nutraceutical, and other high value crop markets using its unique proprietary facility design and hydroponics based automated growing system that enable cultivators to effectively grow crops in a controlled environment (“FORCEGH+™”). it has changed its focus to broaden the use of its proprietary intellectual property across multiple industries. For instance, the Company through its RCS purchase is not able to utilize that technology to deliver solutions across multiple industries, including not only agriculture, but other industries including hospitality, commercial applications, education institutions, residential real estate and transportation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Brands is focused on the development and commercialization of plant-based ingredients and products that deliver healthier and more nutritious solutions. We strive to market and commercialize both branded consumer product offerings and ingredient supply.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Basis of Presentation</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying Unaudited Condensed Consolidated Interim Financial Statements and related financial information of AgriFORCE Growing Systems Ltd. should be read in conjunction with the audited financial statements and the related notes thereto for the years ended December 31, 2023 and 2022 included in the Company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on April 1, 2024. These unaudited interim financial statements have been prepared in accordance with the rules and regulations of the United States Securities and SEC for interim financial information. Accordingly, they do not include all of the information and footnotes required by the accounting principles generally accepted in the United States of America (“U.S. GAAP”) for complete financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the opinion of management, the accompanying interim financial statements contain all adjustments which are necessary to state fairly the Company’s financial position as of September 30, 2024 and December 31, 2023, and the results of its operations and cash flows during the nine months ended September 30, 2024 and 2023. Such adjustments are of a normal and recurring nature. The results for the nine months ended September 30, 2024 are not necessarily indicative of the results to be expected for the full fiscal year ending December 31, 2024, or for any future period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 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 0pt 0pt 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Liquidity and Management’s Plan</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has incurred substantial operating losses since its inception and expects to continue to incur significant operating losses for the foreseeable future. As reflected in the interim financial statements for the nine months ended September 30, 2024, the Company had a net loss of $<span id="xdx_900_eus-gaap--NetIncomeLoss_iN_pn5n6_di_c20240101__20240930_zF4bbMqmsmfg">13.4</span></span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">million, $<span id="xdx_90E_eus-gaap--NetCashProvidedByUsedInOperatingActivities_pn5n6_di_c20240101__20240930_zYiVlI8xEZnl">3.4</span></span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">million of net cash used in operating activities, and the Company had a working capital deficiency of $<span id="xdx_903_ecustom--WorkingCapitalDeficit_iNI_pn5n6_di_c20240930_zZ0FR5WnylGh" title="Working capital deficit">1.2</span></span> <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">million.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 24, 2024, the Company received a Staff Listing Determination Letter from Nasdaq pursuant to which the Staff has determined that as of June 21, 2024, the Company’s common shares had a per share closing bid price of $<span id="xdx_904_ecustom--CommonStockClosingBidPrice_c20240606__20240621_z9aO6llPcB6d" title="Closing bid price">0.10</span> or less for ten consecutive trading days (the Company’s bid price has closed at or below $<span id="xdx_902_ecustom--CommonStockClosingBidPrice_c20240606__20240621_zUhI9SzeBBhk" title="Closing bid price">0.10</span> per share from June 6, 2024, through June 21, 2024). Nasdaq has granted the Company an exception to comply with the bid price rule as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1.</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On or before November 27, 2024, the Company shall obtain shareholders approval for a reverse stock split at a ratio that satisfies the minimum requirement in the Bid Price Rule;</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2.</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On or before December 4, 2024, the Company shall effect a reverse stock split and, thereafter, maintain a $<span id="xdx_900_ecustom--CommonStockClosingBidPrice_pid_c20241204__20241204__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z1NGR8Vfglhc" title="Closing bid price">1</span> closing bid price for a minimum of ten consecutive business days;</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top; background-color: white"> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">3.</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On or before December 17, 2024, the Company shall have demonstrated compliance with the Bid Price Rule, by evidencing a closing bid price of $<span id="xdx_904_ecustom--CommonStockClosingBidPrice_pid_c20241217__20241217__us-gaap--SubsequentEventTypeAxis__us-gaap--SubsequentEventMember_z4DFK2yNkRBa" title="Closing bid price">1</span> or more per share for a minimum of ten consecutive trading sessions.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">To meet these requirements, the Company is holding its previously postponed Annual Meeting of Shareholders on November 25, 2024, and assuming shareholder approval, will effect a reverse split immediately thereafter.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying interim financial statements have been prepared on a going concern basis, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. The interim financial statements do not include any adjustments relating to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might result from the outcome of this uncertainty. The Company is at the development stage of its business plan. As such it is likely that additional financing will be needed by the Company to fund its operations and to develop and commercialize its technology. These factors raise substantial doubt about the Company’s ability to continue as a going concern. For the next twelve months from issuance of these interim financial statements, the Company plans to seek to obtain additional capital through the sale of debt or equity financings or other arrangements to fund operations; however, there can be no assurance that the Company will be able to raise needed capital under acceptable terms, if at all. The sale of additional equity may dilute existing shareholders and newly issued shares may contain senior rights and preferences compared to our currently outstanding common shares. If the Company is unable to obtain such additional financing, future operations would need to be scaled back or discontinued. Due to the uncertainty in the Company’s ability to raise capital, management believes that there is substantial doubt in the Company’s ability to continue as a going concern for twelve months from the issuance of these interim financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reverse Stock Split</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On October 11, 2023, the Company executed a one-for-fifty reverse stock split of the Company’s common shares (the “Reverse Split”). As a result of the Reverse Split, every 50 shares of the Company’s old common shares were converted into one share of the Company’s new common shares. Fractional shares resulting from the reverse split were rounded up to the nearest whole number. The Reverse Split automatically and proportionately adjusted all issued and outstanding shares of the Company’s common shares, as well as convertible debentures, convertible features, prefunded warrants, stock options and warrants outstanding at the time of the date of the Reverse Split. The exercise price on outstanding equity based-grants was proportionately increased, while the number of shares available under the Company’s equity-based plans was proportionately reduced. Share and per share data (except par value) for the periods presented reflect the effects of the Reverse Split. References to numbers of common shares and per share data in the accompanying financial statements and notes thereto for periods ended prior to October 11, 2023 have been adjusted to reflect the Reverse Split on a retroactive basis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Net Income Loss
NetIncomeLoss
|
-13400000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3400000 | usd | |
CY2024Q3 | AGRI |
Working Capital Deficit
WorkingCapitalDeficit
|
-1200000 | usd |
CY2024Q2 | AGRI |
Common Stock Closing Bid Price
CommonStockClosingBidPrice
|
0.10 | |
CY2024Q2 | AGRI |
Common Stock Closing Bid Price
CommonStockClosingBidPrice
|
0.10 | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84A_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zUuKbLiHNKVi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_869_zpWyEH2Vt0I6">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has reclassified certain share base payment expenses from <i>Wages and salaries</i> to <i>Share based compensation</i> in the 2023 consolidated statements of comprehensive loss to align with the 2024 presentation.</span></p> | ||
CY2024Q3 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-97488 | usd |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-97488 | usd | |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
41315 | usd | |
CY2023 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
262991 | usd |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
13407164 | usd | |
CY2023 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
11740635 | usd |
CY2024Q3 | AGRI |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Note Payable Forgiven
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNotePayableForgiven
|
202093 | usd |
CY2024Q3 | AGRI |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Convertible Debentures Repaid
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedConvertibleDebenturesRepaid
|
153986 | usd |
CY2024Q3 | AGRI |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Common Shares
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCommonShares
|
295000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contingent Liability
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedContingentLiability
|
79000 | usd |
CY2024Q3 | AGRI |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Previously Invested Equity
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPreviouslyInvestedEquity
|
118850 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
848929 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
848929 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
|
538000 | usd |
CY2024Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
310929 | usd |
CY2024Q3 | AGRI |
Legal Retainer
LegalRetainer
|
31986 | usd |
CY2023Q4 | AGRI |
Legal Retainer
LegalRetainer
|
8039 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
280291 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
223624 | usd |
CY2024Q3 | AGRI |
Inventory Advances
InventoryAdvances
|
112463 | usd |
CY2023Q4 | AGRI |
Inventory Advances
InventoryAdvances
|
30654 | usd |
CY2024Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
74942 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
10555 | usd |
CY2024Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
499682 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
272872 | usd |
AGRI |
Write Off Of Deposit
WriteOffOfDeposit
|
12000 | usd | |
CY2024Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
47174 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
38857 | usd |
CY2023 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
141175 | shares |
CY2024Q3 | AGRI |
Unconverted Prefunded Warrants Outstanding
UnconvertedPrefundedWarrantsOutstanding
|
6425 | shares |
CY2023Q4 | AGRI |
Unconverted Prefunded Warrants Outstanding
UnconvertedPrefundedWarrantsOutstanding
|
6425 | shares |
CY2024Q3 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P20Y | |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Fair Value Disclosure
FiniteLivedIntangibleAssetsFairValueDisclosure
|
7832200 | usd |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
4137271 | usd | |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
159312 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
656174 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
656174 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
656174 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
656174 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
639643 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
4946772 | usd |
CY2024Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
8370423 | usd |
CY2024Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
612070 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
578128 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
962496 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
868451 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
450055 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
495432 | usd |
CY2024Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2024621 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1942011 | usd |
CY2023Q3 | us-gaap |
Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
|
5 | integer |
us-gaap |
Debt Instrument Interest Rate Terms
DebtInstrumentInterestRateTerms
|
The First, Second, Third, Fourth, Fifth, Sixth and Seventh Tranche Debentures (the “Debentures”) have an interest rate of 5% for the first 12 months, 6% for the subsequent 12 months, and 8% per annum thereafter. Principal repayments will be made in 25 equal installments which began on September 1, 2022 for the First Tranche Debentures, July 1, 2023 for the Second Tranche Debentures, January 1, 2024 for the Third Tranche Debentures, May 1, 2024 for the Fourth Tranche Debentures, August 1, 2024 for the Fifth Tranche Debentures, October 1, 2024 for the Sixth Tranche Debentures and November 1, 2024 for the Seventh Tranche Debentures. The Debentures may be extended by nine months at the election of the Company by paying a sum equal to nine months’ interest on the principal amount outstanding at the end of the 18th month, at the rate of 8% per annum. | ||
CY2024Q3 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
1104593 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
7385494 | usd |
CY2024Q3 | us-gaap |
Secured Debt Current
SecuredDebtCurrent
|
1093907 | usd |
CY2023Q4 | us-gaap |
Secured Debt Current
SecuredDebtCurrent
|
4084643 | usd |
AGRI |
Accretion Interest On Debentures
AccretionInterestOnDebentures
|
2672765 | usd | |
AGRI |
Accretion Interest On Debentures
AccretionInterestOnDebentures
|
6045214 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
802282 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
1741950 | usd | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
15336 | usd |
CY2023Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
2690308 | usd |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
2029000 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
-2572123 | usd | |
AGRI |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Expires
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityExpires
|
-14769 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-1198555 | usd | |
AGRI |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Effect Of Exchange Rate Changes
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodEffectOfExchangeRateChanges
|
-79839 | usd | |
CY2024Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
854022 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
4649115 | usd |
CY2022Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
4649115 | usd |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
|
4022120 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
-529340 | usd | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-6159067 | usd | |
AGRI |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Effect Of Exchange Rate Changes
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodEffectOfExchangeRateChanges
|
-24260 | usd | |
CY2023Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1958568 | usd |
CY2023Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
1958568 | usd |
CY2024Q2 | us-gaap |
Employee Stock Ownership Plan Esop Terms Of Repurchase Obligation
EmployeeStockOwnershipPlanESOPTermsOfRepurchaseObligation
|
the Company’s Board of Directors authorized a share repurchase program (the “Repurchase Program”) under which the Company may repurchase up to $1 million of its outstanding common shares, for a period of six months, subject to contractual requirements. | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
36713491 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2367337 | shares | |
us-gaap |
Revenues
Revenues
|
41315 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
219018 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
59358 | usd | |
us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
3517 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
59358 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
222535 | usd | |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
798000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
1400500 | usd |
CY2024Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2198500 | usd |
CY2023Q3 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
451684 | usd |
CY2023Q3 | us-gaap |
Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
|
230000 | usd |
CY2024Q1 | us-gaap |
Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
|
467249 |