2023 Q3 Form 10-Q Financial Statement
#000165495423010601 Filed on August 11, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $24.49K | $28.56K | $636.6K |
YoY Change | -98.61% | -95.51% | 213.62% |
Cost Of Revenue | $87.87K | $55.82K | $319.0K |
YoY Change | -92.53% | -82.5% | 358.89% |
Gross Profit | -$63.38K | -$27.26K | $317.7K |
YoY Change | -110.9% | -108.58% | 137.98% |
Gross Profit Margin | -258.83% | -95.47% | 49.9% |
Selling, General & Admin | $902.0K | $618.1K | $627.1K |
YoY Change | -86.27% | -1.43% | -27.08% |
% of Gross Profit | 197.41% | ||
Research & Development | $1.710M | $1.671M | $1.635M |
YoY Change | -6.79% | 2.22% | |
% of Gross Profit | 514.65% | ||
Depreciation & Amortization | $1.230M | $1.219M | $1.210M |
YoY Change | 0.06% | 0.71% | 135.03% |
% of Gross Profit | 380.93% | ||
Operating Expenses | $2.612M | $2.289M | $2.262M |
YoY Change | -68.92% | 1.21% | -363.01% |
Operating Profit | -$2.676M | -$2.317M | -$1.944M |
YoY Change | -65.79% | 19.15% | 167.61% |
Interest Expense | $44.27K | -$33.13K | $3.417K |
YoY Change | 8495.53% | -1069.53% | 0.0% |
% of Operating Profit | |||
Other Income/Expense, Net | -$300.2K | $7.180K | $9.060K |
YoY Change | -3003.09% | -20.75% | -101.05% |
Pretax Income | -$2.976M | -$2.350M | -$1.954M |
YoY Change | -61.95% | 20.25% | 160.62% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$2.976M | -$2.350M | -$1.954M |
YoY Change | -61.95% | 20.25% | 160.62% |
Net Earnings / Revenue | -12151.77% | -8228.78% | -306.94% |
Basic Earnings Per Share | -$0.73 | -$0.58 | |
Diluted Earnings Per Share | -$0.15 | -$0.12 | -$203.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 20.29M shares | 20.04M shares | 144.4M shares |
Diluted Shares Outstanding | 4.058M shares | 4.019M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.370M | $1.361M | $1.754M |
YoY Change | -1.95% | -22.4% | 189.11% |
Cash & Equivalents | $2.371M | $1.361M | $1.754M |
Short-Term Investments | |||
Other Short-Term Assets | $450.0K | $241.2K | $1.275M |
YoY Change | 195.26% | -81.07% | 935.43% |
Inventory | $217.3K | $528.1K | $670.5K |
Prepaid Expenses | |||
Receivables | $162.00 | $9.385K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $3.040M | $2.140M | $3.699M |
YoY Change | -17.12% | -42.15% | 325.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.161M | $1.269M | $1.503M |
YoY Change | -14.03% | -15.55% | 6456.84% |
Goodwill | |||
YoY Change | |||
Intangibles | $29.42M | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $235.2K | $73.17K | $124.7K |
YoY Change | 102.03% | -41.32% | |
Total Long-Term Assets | $30.82M | $31.91M | $36.71M |
YoY Change | -12.97% | -13.09% | 85.87% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.040M | $2.140M | $3.699M |
Total Long-Term Assets | $30.82M | $31.91M | $36.71M |
Total Assets | $33.86M | $34.05M | $40.41M |
YoY Change | -13.36% | -15.75% | 95.97% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $670.0K | $429.5K | $2.598M |
YoY Change | -51.54% | -83.47% | 12532.33% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $684.0K | $1.013M |
YoY Change | -100.0% | -32.51% | -40.79% |
Long-Term Debt Due | $40.00K | $0.00 | $3.377M |
YoY Change | -89.38% | -100.0% | 120.69% |
Total Short-Term Liabilities | $819.5K | $1.114M | $6.988M |
YoY Change | -69.0% | -84.07% | 194.1% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.270M | $2.500M | $27.40M |
YoY Change | -90.88% | ||
Other Long-Term Liabilities | $89.33K | $37.56K | $18.32K |
YoY Change | 614.09% | 105.03% | -54.85% |
Total Long-Term Liabilities | $89.33K | $37.56K | $27.42M |
YoY Change | 614.09% | -99.86% | 67466.1% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $819.5K | $1.114M | $6.988M |
Total Long-Term Liabilities | $89.33K | $37.56K | $27.42M |
Total Liabilities | $6.179M | $3.651M | $34.41M |
YoY Change | 132.66% | -89.39% | 1323.64% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$31.96M | -$28.99M | -$14.16M |
YoY Change | 45.38% | 104.66% | 88.74% |
Common Stock | $202.9K | $202.9K | $1.444M |
YoY Change | 4.18% | -85.94% | 1.48% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $27.68M | $30.40M | $6.006M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $33.86M | $34.05M | $40.41M |
YoY Change | -13.36% | -15.75% | 95.97% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.976M | -$2.350M | -$1.954M |
YoY Change | -61.95% | 20.25% | 160.62% |
Depreciation, Depletion And Amortization | $1.230M | $1.219M | $1.210M |
YoY Change | 0.06% | 0.71% | 135.03% |
Cash From Operating Activities | -$740.0K | -$1.151M | -$229.3K |
YoY Change | -5.92% | 402.06% | 434.03% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $40.00K | -$920.00 | -$424.6K |
YoY Change | -116.31% | -99.78% | 1721.36% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$10.00K | $135.9K | |
YoY Change | -312.31% | 339650.0% | |
Cash From Investing Activities | -$50.00K | $1.220K | -$288.7K |
YoY Change | -79.21% | -100.42% | 1139.95% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 1.830M | 1.391M | 545.0K |
YoY Change | 11.18% | 155.19% | -16.23% |
NET CHANGE | |||
Cash From Operating Activities | -740.0K | -1.151M | -229.3K |
Cash From Investing Activities | -50.00K | 1.220K | -288.7K |
Cash From Financing Activities | 1.830M | 1.391M | 545.0K |
Net Change In Cash | 1.040M | 241.0K | 27.08K |
YoY Change | 68.04% | 789.84% | -95.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$740.0K | -$1.151M | -$229.3K |
Capital Expenditures | $40.00K | -$920.00 | -$424.6K |
Free Cash Flow | -$780.0K | -$1.150M | $195.3K |
YoY Change | 44.08% | -688.89% | -1095.41% |
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|
20095705 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9625133 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
20053886 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
9625133 | shares | |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2349727 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1954032 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4870202 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4053927 | usd | |
CY2023Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
53867 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
43806 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
|
223746 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4914008 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-4277673 | usd | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
32338424 | usd |
CY2023Q2 | aimd |
Issuance Of Stock In Exchange Of Vehicle Amount
IssuanceOfStockInExchangeOfVehicleAmount
|
48559 | usd |
CY2023Q2 | aimd |
Conversion Of Convertible Notes Payable To Common Stock Amount
ConversionOfConvertibleNotesPayableToCommonStockAmount
|
274789 | usd |
CY2023Q2 | aimd |
Issuance Of Stock To Settle Vested Rsus Amount
IssuanceOfStockToSettleVestedRsusAmount
|
0 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
137159 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2349727 | usd |
CY2023Q2 | aimd |
Translation Adjustment
TranslationAdjustment
|
-53867 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
30395337 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
43443 | usd |
CY2022Q2 | aimd |
Translation Adjustment
TranslationAdjustment
|
-165687 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6006320 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34628006 | usd |
aimd |
Issuance Of Stock In Exchange Of Vehicle Amount
IssuanceOfStockInExchangeOfVehicleAmount
|
48559 | usd | |
aimd |
Conversion Of Convertible Notes Payable To Common Stock Amount
ConversionOfConvertibleNotesPayableToCommonStockAmount
|
274789 | usd | |
aimd |
Issuance Of Stock To Settle Vested Rsus Amount
IssuanceOfStockToSettleVestedRsusAmount
|
0 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
357991 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4870202 | usd | |
aimd |
Translation Adjustment
TranslationAdjustment
|
-43806 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
30395337 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10197107 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
86886 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4053927 | usd | |
aimd |
Translation Adjustment
TranslationAdjustment
|
-223746 | usd | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6006320 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-4870202 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-4053927 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2423274 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2378835 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
57474 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
357991 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
86886 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-192161 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
29881 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-10814 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-670507 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-55990 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-775909 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-684372 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
838484 | usd | |
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
9603 | usd | |
us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
10125 | usd | |
us-gaap |
Interest Expense Trading Liabilities
InterestExpenseTradingLiabilities
|
0 | usd | |
us-gaap |
Interest Expense Trading Liabilities
InterestExpenseTradingLiabilities
|
606866 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2578453 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1629278 | usd | |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
71262 | usd | |
us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
424557 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-71262 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-424557 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1000000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
850000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
1500000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
550000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
800000 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
114026 | usd | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
200000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2185974 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2200000 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-28651 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-143787 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-492392 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
2378 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1853362 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1751499 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1360970 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1753877 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
3122 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd | |
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
0 | usd | |
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
26000000 | usd | |
aimd |
Conversion Of Convertible Notes Payable To Common Stock And Accrued Interest Waived By Convertible Note Holders
ConversionOfConvertibleNotesPayableToCommonStockAndAccruedInterestWaivedByConvertibleNoteHolders
|
274789 | usd | |
aimd |
Conversion Of Convertible Notes Payable To Common Stock And Accrued Interest Waived By Convertible Note Holders
ConversionOfConvertibleNotesPayableToCommonStockAndAccruedInterestWaivedByConvertibleNoteHolders
|
0 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
48559 | usd | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
0 | usd | |
us-gaap |
Increase Decrease In Payables To Customers
IncreaseDecreaseInPayablesToCustomers
|
0 | usd | |
us-gaap |
Increase Decrease In Payables To Customers
IncreaseDecreaseInPayablesToCustomers
|
117185 | usd | |
aimd |
Aggregate Public Offering
AggregatePublicOffering
|
780000 | shares | |
CY2023Q2 | us-gaap |
Share Price
SharePrice
|
4.25 | |
CY2023Q2 | aimd |
Exercise Price Of Share
ExercisePriceOfShare
|
4.25 | |
us-gaap |
Conversion Of Stock Description
ConversionOfStockDescription
|
1-for-15 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of condensed financial statements in conformity with GAAP requires management to make certain estimates, judgments, and assumptions that affect the reported amounts of assets and liabilities and disclosures as of the date of the condensed financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates on various factors, including historical experience, and on various other assumptions that are believed to be reasonable under the circumstances, when these carrying values are not readily available from other sources. Significant items subject to estimates and assumptions include useful lives of property and equipment, valuation of stock option and warrants, and impairment testing of intangible assets. Actual results may differ from these estimates.</p> | ||
CY2023Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
1360970 | usd |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-28985808 | usd |
aimd |
Inventory Textblock
InventoryTextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>4. Inventory </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Inventory stated at cost, net of reserve, consisted of the following:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>June 30,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>December 31,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2023</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2022</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Raw materials</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">354,175</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">393,253</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Work in process</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">67,736</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">111,119</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Finished goods</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">106,203</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">90,850</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Total</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">528,114</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">595,222</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Inventory write-downs to estimated net realizable values were $14,694 and $ 57,474 for the three and six months ended June 30, 2023, respectively, compared to nil for the three and six months ended June 30, 2022.</p> | ||
CY2023Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
354175 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
393253 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
67736 | usd |
CY2022Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
111119 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
106203 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
90850 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
528114 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
595222 | usd |
CY2023Q2 | aimd |
Estimated Net Realizable Values
EstimatedNetRealizableValues
|
14694 | usd |
aimd |
Estimated Net Realizable Values
EstimatedNetRealizableValues
|
57474 | usd | |
CY2023Q2 | aimd |
Convertible Notes Payable Related Party Current
ConvertibleNotesPayableRelatedPartyCurrent
|
0 | usd |
CY2022Q4 | aimd |
Convertible Notes Payable Related Party Current
ConvertibleNotesPayableRelatedPartyCurrent
|
376526 | usd |
CY2023Q2 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
684000 | usd |
CY2022Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
884000 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
3184000 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1260526 | usd |
CY2023Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
3900 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
137159 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
357991 | usd | |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
43443 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
86886 | usd | |
CY2023Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
1439499 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y10M6D | ||
CY2023Q2 | aimd |
Earnings Loss Available To Common Shareholders Basic And Diluted
EarningsLossAvailableToCommonShareholdersBasicAndDiluted
|
-2349727 | usd |
CY2022Q2 | aimd |
Earnings Loss Available To Common Shareholders Basic And Diluted
EarningsLossAvailableToCommonShareholdersBasicAndDiluted
|
-1954032 | usd |
aimd |
Earnings Loss Available To Common Shareholders Basic And Diluted
EarningsLossAvailableToCommonShareholdersBasicAndDiluted
|
-4870202 | usd | |
aimd |
Earnings Loss Available To Common Shareholders Basic And Diluted
EarningsLossAvailableToCommonShareholdersBasicAndDiluted
|
-4053927 | usd | |
CY2023Q2 | aimd |
Weighted Average Number Of Shares Used In Computing Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
WeightedAverageNumberOfSharesUsedInComputingNetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
20095705 | shares |
CY2022Q2 | aimd |
Weighted Average Number Of Shares Used In Computing Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
WeightedAverageNumberOfSharesUsedInComputingNetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
9625133 | shares |
aimd |
Weighted Average Number Of Shares Used In Computing Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
WeightedAverageNumberOfSharesUsedInComputingNetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
20053886 | shares | |
aimd |
Weighted Average Number Of Shares Used In Computing Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
WeightedAverageNumberOfSharesUsedInComputingNetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
9625133 | shares | |
CY2023Q2 | aimd |
Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
NetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
-0.12 | |
CY2022Q2 | aimd |
Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
NetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
-0.20 | |
aimd |
Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
NetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
-0.24 | ||
aimd |
Net Loss Per Share Attributable To Common Stockholders Basic And Diluted
NetLossPerShareAttributableToCommonStockholdersBasicAndDiluted
|
-0.42 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
633384 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
36666 | shares |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
633384 | shares | |
us-gaap |
Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
|
36666 | shares | |
CY2023Q2 | aimd |
Weighted Average Number Of Shares Warrants To Purchase Common Stock
WeightedAverageNumberOfSharesWarrantsToPurchaseCommonStock
|
966174 | shares |
CY2022Q2 | aimd |
Weighted Average Number Of Shares Warrants To Purchase Common Stock
WeightedAverageNumberOfSharesWarrantsToPurchaseCommonStock
|
30174 | shares |
aimd |
Weighted Average Number Of Shares Warrants To Purchase Common Stock
WeightedAverageNumberOfSharesWarrantsToPurchaseCommonStock
|
966174 | shares | |
aimd |
Weighted Average Number Of Shares Warrants To Purchase Common Stock
WeightedAverageNumberOfSharesWarrantsToPurchaseCommonStock
|
30174 | shares | |
CY2023Q2 | aimd |
Weighted Average Shares Outstanding Convertible Note Purchase Common Stock
WeightedAverageSharesOutstandingConvertibleNotePurchaseCommonStock
|
1666667 | shares |
CY2022Q2 | aimd |
Weighted Average Shares Outstanding Convertible Note Purchase Common Stock
WeightedAverageSharesOutstandingConvertibleNotePurchaseCommonStock
|
9197405 | shares |
aimd |
Weighted Average Shares Outstanding Convertible Note Purchase Common Stock
WeightedAverageSharesOutstandingConvertibleNotePurchaseCommonStock
|
1666667 | shares | |
aimd |
Weighted Average Shares Outstanding Convertible Note Purchase Common Stock
WeightedAverageSharesOutstandingConvertibleNotePurchaseCommonStock
|
9197405 | shares | |
CY2023Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3266225 | shares |
CY2022Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9264245 | shares |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3266225 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
9264245 | shares | |
CY2023Q2 | aimd |
Repurchase Agreements Interest Expense Amount1
RepurchaseAgreementsInterestExpenseAmount1
|
26000000 | usd |
CY2022Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
26000000 | usd |
CY2023Q2 | aimd |
Interest Expense Incurred Related Party
InterestExpenseIncurredRelatedParty
|
23031 | usd |
aimd |
Interest Expense Incurred Related Party
InterestExpenseIncurredRelatedParty
|
26841 | usd | |
CY2022Q2 | aimd |
Interest Expense Incurred Related Party
InterestExpenseIncurredRelatedParty
|
18602 | usd |
aimd |
Interest Expense Incurred Related Party
InterestExpenseIncurredRelatedParty
|
34486 | usd | |
CY2023Q2 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
46712 | usd |
CY2022Q4 | us-gaap |
Income Tax Examination Penalties And Interest Accrued
IncomeTaxExaminationPenaltiesAndInterestAccrued
|
35282 | usd |
CY2023Q2 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
61157 | shares |
CY2023Q2 | us-gaap |
Market Data Revenue
MarketDataRevenue
|
48559 | usd |