$AIFF
FIREFLY NEUROSCIENCE, INC.

2021 Q4 Form 10-K Financial Statement

#000143774922008763 Filed on April 12, 2022

View on sec.gov

Income Statement

Concept 2021 Q4 2021 2020 Q4
Revenue $2.582M $15.03M $3.100M
YoY Change -16.71% 8.13% 47.62%
Cost Of Revenue $1.921M $11.42M $2.170M
YoY Change -11.48% -2.36% 23.3%
Gross Profit $661.2K $3.616M $930.0K
YoY Change -28.91% 63.65% 173.53%
Gross Profit Margin 25.61% 24.05% 30.0%
Selling, General & Admin $2.965M $5.488M $570.0K
YoY Change 420.11% 205.31% 18.75%
% of Gross Profit 448.39% 151.79% 61.29%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $125.5K $236.6K $3.180K
YoY Change 3845.91% 1861.52% -68.2%
% of Gross Profit 18.98% 6.54% 0.34%
Operating Expenses $2.965M $5.488M $570.0K
YoY Change 420.11% 205.31% 18.75%
Operating Profit -$2.303M -$2.627M $360.0K
YoY Change -739.86% -737.89% -357.14%
Interest Expense -$37.33K $37.33K
YoY Change 1094.4%
% of Operating Profit
Other Income/Expense, Net $32.31K $12.17K $0.00
YoY Change 161.4%
Pretax Income -$2.421M -$2.202M $360.0K
YoY Change -772.43% -632.76% -357.14%
Income Tax -$1.071M -$1.071M
% Of Pretax Income
Net Earnings -$1.350M -$1.131M $360.0K
YoY Change -474.97% -373.71% -357.14%
Net Earnings / Revenue -52.28% -7.53% 11.61%
Basic Earnings Per Share -$0.09
Diluted Earnings Per Share -$93.60K -$0.09 $28.19K
COMMON SHARES
Basic Shares Outstanding 13.51M 12.57M
Diluted Shares Outstanding 12.57M

Balance Sheet

Concept 2021 Q4 2021 2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.931M $4.931M $1.860M
YoY Change 165.12% 165.39% 78.85%
Cash & Equivalents $4.931M $4.931M $1.858M
Short-Term Investments
Other Short-Term Assets $6.826K $277.0K $4.790K
YoY Change 42.51% 94.01% 53.53%
Inventory
Prepaid Expenses $142.8K
Receivables $1.665M $1.665M $1.442M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $6.873M $6.873M $3.443M
YoY Change 99.62% 99.62% 55.92%
LONG-TERM ASSETS
Property, Plant & Equipment $105.3K $778.2K $62.17K
YoY Change 69.31% 585.17% 542.14%
Goodwill $7.585M $0.00
YoY Change
Intangibles $8.049M $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $77.10K $77.10K $6.281K
YoY Change 1127.51% 1127.71% 0.0%
Total Long-Term Assets $16.49M $16.49M $330.5K
YoY Change 4888.65% 4888.65% 99.45%
TOTAL ASSETS
Total Short-Term Assets $6.873M $6.873M $3.443M
Total Long-Term Assets $16.49M $16.49M $330.5K
Total Assets $23.36M $23.36M $3.774M
YoY Change 519.09% 519.09% 58.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $650.5K $650.5K $103.6K
YoY Change 527.62% 527.59% -52.07%
Accrued Expenses $920.3K $920.3K $480.0K
YoY Change 91.72% 92.46% 26.32%
Deferred Revenue $186.8K $946.9K
YoY Change -80.27% 103.97%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $93.01K
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $1.982M $1.982M $1.803M
YoY Change 9.9% 9.9% 54.65%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $357.0K
YoY Change -100.0% -100.0%
Other Long-Term Liabilities $2.265M $2.772M $0.00
YoY Change -100.0%
Total Long-Term Liabilities $2.265M $2.772M $357.0K
YoY Change 534.47% 676.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.982M $1.982M $1.803M
Total Long-Term Liabilities $2.265M $2.772M $357.0K
Total Liabilities $5.921M $5.921M $2.160M
YoY Change 174.1% 174.1% 78.29%
SHAREHOLDERS EQUITY
Retained Earnings -$13.44M -$12.31M
YoY Change 9.19% -3.25%
Common Stock $18.88K $129.0K
YoY Change -85.37% 0.39%
Preferred Stock
YoY Change
Treasury Stock (at cost) $930.2K $930.2K
YoY Change 0.0% 0.0%
Treasury Stock Shares $1.643M $1.643M
Shareholders Equity $17.44M $17.44M $1.613M
YoY Change
Total Liabilities & Shareholders Equity $23.36M $23.36M $3.774M
YoY Change 519.09% 519.09% 58.96%

Cashflow Statement

Concept 2021 Q4 2021 2020 Q4
OPERATING ACTIVITIES
Net Income -$1.350M -$1.131M $360.0K
YoY Change -474.97% -373.71% -357.14%
Depreciation, Depletion And Amortization $125.5K $236.6K $3.180K
YoY Change 3845.91% 1861.52% -68.2%
Cash From Operating Activities -$309.2K -$735.0K $381.4K
YoY Change -181.07% -273.65% -735.72%
INVESTING ACTIVITIES
Capital Expenditures -$13.74K $69.75K -$1.360K
YoY Change 910.29% 8.07%
Acquisitions
YoY Change
Other Investing Activities -$7.279M -$9.512M
YoY Change
Cash From Investing Activities -$7.292M -$9.582M -$1.360K
YoY Change 536097.79% 14745.28%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.29M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.850M $13.39M 10.00K
YoY Change 88401.8% 2810.94%
NET CHANGE
Cash From Operating Activities -309.2K -$735.0K 381.4K
Cash From Investing Activities -7.292M -$9.582M -1.360K
Cash From Financing Activities 8.850M $13.39M 10.00K
Net Change In Cash 1.249M $3.073M 390.1K
YoY Change 220.12% 275.36% -750.12%
FREE CASH FLOW
Cash From Operating Activities -$309.2K -$735.0K $381.4K
Capital Expenditures -$13.74K $69.75K -$1.360K
Free Cash Flow -$295.5K -$804.8K $382.8K
YoY Change -177.19% -324.35% -737.98%

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10000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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460000 USD
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3073142 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
818718 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1858160 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1039442 USD
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4931302 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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1858160 USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
35202 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
0 USD
CY2021 iaic Forgiveness Of Note Payable Noncash
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450000 USD
CY2020 iaic Forgiveness Of Note Payable Noncash
ForgivenessOfNotePayableNoncash
0 USD
CY2021 iaic Noncash Or Part Noncash Acquisition Deferred Contingent Consideration Assumed
NoncashOrPartNoncashAcquisitionDeferredContingentConsiderationAssumed
2265000 USD
CY2020 iaic Noncash Or Part Noncash Acquisition Deferred Contingent Consideration Assumed
NoncashOrPartNoncashAcquisitionDeferredContingentConsiderationAssumed
0 USD
CY2021 us-gaap Use Of Estimates
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Use of Estimates</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">Preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates due to uncertainties, including the effects of COVID-<em style="font: inherit;">19.</em> On an ongoing basis, we evaluate our estimates, including those related to the allowance for credit losses; fair values of financial instruments, intangible assets, and goodwill; useful lives of intangible assets and property and equipment; the valuation of stock based compensation, the valuation of deferred tax assets and liabilities; and contingent liabilities, among others. We base our estimates on assumptions, both historical and forward looking, that are believed to be reasonable, and the results of which form the basis for making judgments about the carrying values of assets and liabilities.</p>
CY2021 us-gaap Allocated Share Based Compensation Expense
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CY2020 us-gaap Allocated Share Based Compensation Expense
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27628 USD
CY2021 us-gaap Concentration Risk Credit Risk
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<p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;"><b>Concentration of Credit Risk</b></p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">During the year ended <em style="font: inherit;"> December 31, 2021, </em>the Company’s prime contracts with U.S. government agencies represented 31.7% of revenue, subcontracts under federal procurements represented 66.4% of revenue, and 1.9% of revenue came from commercial contracts. The terms of these contracts and subcontracts vary from single transactions to <em style="font: inherit;">five</em> years. Three subcontracts under federal procurements represented 33.2%, 10.0% and 9.6% of revenue, respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">During the year ended <em style="font: inherit;"> December 31, 2020, </em>the Company’s prime contracts with U.S. government agencies represented 58.3% of revenue, subcontracts under federal procurements represented 40.6% of revenue, and 1.1% of revenue came from commercial contracts. The terms of these contracts and subcontracts vary from single transactions to <em style="font: inherit;">five</em> years. Within this group of prime contracts with U.S. government agencies, <span style="-sec-ix-hidden:c82953381">one</span> individual contract represented 13.9% of revenue. <span style="-sec-ix-hidden:c82955238">Three</span> subcontracts under federal procurements represented 17.9%, 10.3% and 8.7% of revenue, respectively. <span style="-sec-ix-hidden:c82955237">One</span> prime contractor under which the Company has multiple subcontracts represented 28.7% of revenue in aggregate.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family: Times New Roman; font-size: 10pt; font-variant: normal; margin: 0pt; text-indent: 36pt;">The Company sold <em style="font: inherit;">third</em>-party software and maintenance contracts under agreements with one major supplier in <em style="font: inherit;">2021</em> and <em style="font: inherit;">2020,</em> accounting for 29.3% and 58.4% of total revenue, respectively.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">As of <em style="font: inherit;"> December 31, 2021, </em>the Company’s accounts receivable included receivables from <span style="-sec-ix-hidden:c82953397">two</span> subcontracts under federal procurements that represented 52.6% and 19.6% of the Company’s outstanding accounts receivable, respectively. Receivables from <span style="-sec-ix-hidden:c82953400">one</span> prime contractor under which the Company has multiple subcontracts represented 72.2% of the Company’s outstanding accounts receivable in aggregate.</p> <p style="font-family:'Times New Roman';font-size:10pt;font-variant:normal;margin:0pt;"> </p> <p style="font-family:Times New Roman;font-size:10pt;font-variant:normal;margin:0pt;text-indent:36pt;">As of <em style="font: inherit;"> December 31, 2020, </em>the Company’s accounts receivable included receivables from prime contracts with <span style="-sec-ix-hidden:c82953402">one</span> U.S. government agency that represented 16.4% of the Company’s outstanding accounts receivable, and receivables from <span style="-sec-ix-hidden:c82953404">two</span> subcontracts under federal procurements that represented 56.8% and 14.4% of the Company’s outstanding accounts receivable, respectively. Receivables from <span style="-sec-ix-hidden:c82953407">one</span> prime contractor under which the Company has multiple subcontracts represented 71.2% of the Company’s outstanding accounts receivable in aggregate.</p>
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CY2020 us-gaap Revenue From Contract With Customer Including Assessed Tax
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0.049 pure
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CY2020 iaic Contract With Customer Asset Contract Assets Added
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210688 USD
CY2020Q4 us-gaap Contract With Customer Asset Net
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210688 USD
CY2021 iaic Contract With Customer Asset Contract Assets Added
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CY2021 iaic Contract With Customer Asset Reduction
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CY2021Q4 us-gaap Contract With Customer Asset Net
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CY2019Q4 us-gaap Contract With Customer Liability
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CY2020 iaic Contract With Customer Liability Additions
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CY2020 iaic Contract With Customer Liability Revenue Recognized During Period
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CY2020Q4 us-gaap Contract With Customer Liability
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CY2021 iaic Contract With Customer Liability Additions
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CY2021 iaic Contract With Customer Liability Revenue Recognized During Period
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1119945 USD
CY2021Q4 us-gaap Contract With Customer Liability
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CY2021 us-gaap Contract With Customer Liability Revenue Recognized
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946884 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
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464223 USD
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0 USD
CY2021 iaic Subcontract Payments Receivable Under Regular Terms Percent
SubcontractPaymentsReceivableUnderRegularTermsPercent
0.90 pure
CY2021 iaic Subcontract Payments Receivable Deferred Until Specific Deliverable Is Met Percent
SubcontractPaymentsReceivableDeferredUntilSpecificDeliverableIsMetPercent
0.10 pure
CY2021 iaic Subcontract Payments Receivable Interest Rate
SubcontractPaymentsReceivableInterestRate
0.045 pure
CY2019Q4 iaic Deferred Costs Of Revenue
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66624 USD
CY2020 iaic Increase Decrease In Deferred Costs Of Revenue Deliverables
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41161 USD
CY2020 iaic Deferred Costs Of Revenue Expense
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472324 USD
CY2020Q4 iaic Deferred Costs Of Revenue
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89068 USD
CY2021 iaic Increase Decrease In Deferred Costs Of Revenue Maintenance
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228010 USD
CY2021 iaic Increase Decrease In Deferred Costs Of Revenue Deliverables
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17406 USD
CY2021 iaic Deferred Costs Of Revenue Expense
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CY2021Q4 iaic Deferred Costs Of Revenue
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CY2021Q4 us-gaap Lessee Operating Lease Liability Payments Due
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771906 USD
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CY2020 us-gaap Operating Lease Expense
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104487 USD
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CY2019Q4 us-gaap Accounts Receivable Net
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668712 USD
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CY2021 us-gaap Goodwill Acquired During Period
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CY2021Q4 us-gaap Goodwill
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CY2021 us-gaap Goodwill Impairment Loss
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0 USD
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453142 USD
CY2020Q4 us-gaap Goodwill
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62166 USD
CY2021 us-gaap Depreciation And Amortization
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35566 USD
CY2020 us-gaap Depreciation And Amortization
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12062 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Long Term Notes Payable
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CY2021Q4 us-gaap Notes Payable
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CY2020Q4 us-gaap Notes Payable
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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413379 USD
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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462484 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-86800 USD
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
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97318 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
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-20700 USD
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-111237 USD
CY2020 iaic Effective Income Tax Rate Reconciliation Permanent Differences Amount
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-7400 USD
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19485 USD
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
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1000 USD
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0 USD
CY2020Q4 us-gaap Deferred Tax Assets Gross
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770600 USD
CY2020 iaic Effective Income Tax Rate Reconciliation Nol Expirations Amount
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-66600 USD
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-602804 USD
CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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-180500 USD
CY2021 us-gaap Income Tax Expense Benefit
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-1070854 USD
CY2020 us-gaap Income Tax Expense Benefit
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-0 USD
CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current Federal State And Local Tax Expense Benefit
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CY2020 us-gaap Current Federal State And Local Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal State And Local Tax Expense Benefit
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CY2020 us-gaap Deferred Federal State And Local Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2020Q4 us-gaap Deferred Tax Assets Other
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2020Q4 us-gaap Deferred Tax Assets Net
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24500 USD
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CY2020Q4 us-gaap Deferred Income Tax Liabilities
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CY2021Q4 us-gaap Deferred Tax Liabilities
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CY2020Q4 us-gaap Deferred Tax Liabilities
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-0 USD
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0 pure
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P5Y
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0.18
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40000
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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0.16
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1395000
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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0.31
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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1591223 USD
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1982500
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4.48
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.21
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
20000
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.17
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2904500
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
3.17
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y11M
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5159253 USD
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1952000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
2.73
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P4Y7M
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1200704 USD
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1131449 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
413379 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12574016
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11222826
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
826496
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12574016
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12049322
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.09
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.09
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2021Q4 iaic Deferred Costs Of Software Sales
DeferredCostsOfSoftwareSales
154218 USD
CY2020Q4 iaic Deferred Costs Of Software Sales
DeferredCostsOfSoftwareSales
47907 USD
CY2021Q4 iaic Deferred Direct Cost Of Pending Deliverables
DeferredDirectCostOfPendingDeliverables
0 USD
CY2020Q4 iaic Deferred Direct Cost Of Pending Deliverables
DeferredDirectCostOfPendingDeliverables
41161 USD
CY2021Q4 iaic Prepaid License And Subcriptions
PrepaidLicenseAndSubcriptions
43146 USD
CY2020Q4 iaic Prepaid License And Subcriptions
PrepaidLicenseAndSubcriptions
22840 USD
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
72800 USD
CY2020Q4 us-gaap Prepaid Insurance
PrepaidInsurance
26072 USD
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
6826 USD
CY2020Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4790 USD
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
276990 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
142770 USD
CY2021Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
144486 USD
CY2020Q4 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
0 USD
CY2021Q4 iaic Accrued Costs Of Software Sales
AccruedCostsOfSoftwareSales
7652 USD
CY2020Q4 iaic Accrued Costs Of Software Sales
AccruedCostsOfSoftwareSales
46078 USD
CY2021Q4 iaic Other Accrued Liabilities Other Current
OtherAccruedLiabilitiesOtherCurrent
50940 USD
CY2020Q4 iaic Other Accrued Liabilities Other Current
OtherAccruedLiabilitiesOtherCurrent
8196 USD
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
203078 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
54274 USD

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