2024 Q2 Form 10-K Financial Statement

#000121390024040309 Filed on May 07, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $223.1K $731.1K
YoY Change -3776.11%
Cost Of Revenue $22.73K $1.339M $1.811M
YoY Change
Gross Profit -$22.73K -$1.116M -$1.080M
YoY Change 18279.24%
Gross Profit Margin -499.96% -147.7%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development $36.71K $1.308M
YoY Change -93.08% 146.52%
% of Gross Profit
Depreciation & Amortization $34.40K $1.367M $155.1K
YoY Change -88.14% 369.15% -85.5%
% of Gross Profit
Operating Expenses $6.446M $4.253M $15.83M
YoY Change 77.31% -2.22% 51.84%
Operating Profit -$6.469M -$5.368M -$21.47M
YoY Change 77.93% 23.25% 105.95%
Interest Expense -$447.6K $982.9K $1.627M
YoY Change -117.21% -0.33% -199.34%
% of Operating Profit
Other Income/Expense, Net -$442.6K -$582.6K 6.820M jpies
YoY Change -119.49% 155.88% -1333.23%
Pretax Income -$6.912M -$9.529M -$21.07M
YoY Change 406.53% 233.55% 77.43%
Income Tax $0.00 $2.400K
% Of Pretax Income
Net Earnings -$6.912M -$9.529M -$21.07M
YoY Change 405.64% 233.4% 77.41%
Net Earnings / Revenue -4270.23% -2882.54%
Basic Earnings Per Share -$0.39 -$1.81
Diluted Earnings Per Share -$0.39 -$0.56 -$1.81
COMMON SHARES
Basic Shares Outstanding 17.96M shares 9.869M shares 11.67M shares
Diluted Shares Outstanding 17.90M shares 11.67M shares

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.156M $8.008M $8.008M
YoY Change -81.17% -9.9% -9.9%
Cash & Equivalents $78.50K $7.429M
Short-Term Investments $1.092M $3.805M $3.805M
Other Short-Term Assets $69.23K $65.94K $224.1K
YoY Change -95.36% -99.18% -97.22%
Inventory $170.9K $170.9K $170.9K
Prepaid Expenses $287.3K $158.2K
Receivables $0.00 $41.09K $41.09K
Other Receivables $2.337M $122.0K $1.290M
Total Short-Term Assets $7.380M $9.734M $9.734M
YoY Change -56.82% -48.06% -48.06%
LONG-TERM ASSETS
Property, Plant & Equipment $40.86M $42.79M $43.01M
YoY Change 10.87% 13.13% 13.71%
Goodwill $4.574M $4.574M
YoY Change 0.28% 0.28%
Intangibles $12.14M $13.02M
YoY Change 950.82% 828.68%
Long-Term Investments $4.731M $4.262M $4.262M
YoY Change 12.91% -6.79% -6.79%
Other Assets $27.79M $5.837M $5.837M
YoY Change 360.88% -28.04% -28.04%
Total Long-Term Assets $73.38M $79.03M $79.03M
YoY Change 38.3% 52.28% 52.28%
TOTAL ASSETS
Total Short-Term Assets $7.380M $9.734M $9.734M
Total Long-Term Assets $73.38M $79.03M $79.03M
Total Assets $80.76M $88.77M $88.77M
YoY Change 15.13% 25.66% 25.66%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.892M $1.900M $1.900M
YoY Change 10.87% -2.59% -2.59%
Accrued Expenses $6.599M $18.77M $18.77M
YoY Change -51.73% 634.97% 634.97%
Deferred Revenue $762.0K
YoY Change
Short-Term Debt $5.512M $132.3K $132.3K
YoY Change 314.0% -89.95% -89.95%
Long-Term Debt Due $6.670K $5.045K $17.71K
YoY Change -37.41% -77.2% -19.97%
Total Short-Term Liabilities $58.70M $28.08M $28.08M
YoY Change 250.95% 125.38% 125.38%
LONG-TERM LIABILITIES
Long-Term Debt $200.0K $32.82M
YoY Change 1.53%
Other Long-Term Liabilities $80.42K $120.9K $883.9K
YoY Change -91.35% -84.61% 12.52%
Total Long-Term Liabilities $280.4K $33.71M $33.71M
YoY Change -99.16% 1.79% 1.79%
TOTAL LIABILITIES
Total Short-Term Liabilities $58.70M $28.08M $28.08M
Total Long-Term Liabilities $280.4K $33.71M $33.71M
Total Liabilities $58.98M $61.79M $61.79M
YoY Change 17.44% 35.58% 35.58%
SHAREHOLDERS EQUITY
Retained Earnings -$90.47M -$74.72M
YoY Change 53.95% 39.28%
Common Stock $18.20K $16.72K
YoY Change 87.27% 72.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $21.78M $26.98M $26.98M
YoY Change
Total Liabilities & Shareholders Equity $80.76M $88.77M $88.77M
YoY Change 15.13% 25.66% 25.66%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$6.912M -$9.529M -$21.07M
YoY Change 405.64% 233.4% 77.41%
Depreciation, Depletion And Amortization $34.40K $1.367M $155.1K
YoY Change -88.14% 369.15% -85.5%
Cash From Operating Activities -$2.304M $7.895M $522.7K
YoY Change 145.13% -312.55% -104.71%
INVESTING ACTIVITIES
Capital Expenditures -$5.730K $5.951M $324.9K
YoY Change -128.65% 359.52% -75.14%
Acquisitions
YoY Change
Other Investing Activities -$900.4K $0.00 $325.6K
YoY Change -100.0% -122.35%
Cash From Investing Activities -$894.7K -$5.951M -$6.005M
YoY Change 2882.33% 342.97% 117.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 3.053M 4.065M $3.671M
YoY Change -507.09% -59.39% -80.69%
NET CHANGE
Cash From Operating Activities -2.304M 7.895M $522.7K
Cash From Investing Activities -894.7K -5.951M -$6.005M
Cash From Financing Activities 3.053M 4.065M $3.671M
Net Change In Cash -145.7K 6.009M -$1.812M
YoY Change -91.53% 21.3% -135.18%
FREE CASH FLOW
Cash From Operating Activities -$2.304M $7.895M $522.7K
Capital Expenditures -$5.730K $5.951M $324.9K
Free Cash Flow -$2.298M $1.944M $197.9K
YoY Change 139.43% -138.8% -101.6%

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-1.2036
CY2023 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.8055
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.2036
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
11672020 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9869165 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
11672020 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9869165 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
34172276 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
32912 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1219121 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-11878723 usd
CY2022 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1522184 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
25067770 usd
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
16493000 usd
CY2023 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
1444465 usd
CY2023 akom Capital Injection
CapitalInjection
5004000 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-21073973 usd
CY2023 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
39391 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
26981653 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
-21073973 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-11878723 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2264443 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1069692 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
1444465 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
1219121 usd
CY2023 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
1758264 usd
CY2022 us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-50713 usd
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
511149 usd
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
483495 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4560619 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
41088 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-136800 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1638240 usd
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2461210 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
3336327 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
859205 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
303954 usd
CY2023 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
2341 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
118257 usd
CY2023 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
33271 usd
CY2022 us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
22538 usd
CY2023 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
219500 usd
CY2022 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
192469 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-50622 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
397387 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3446193 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
108400 usd
CY2023 akom Increase Decrease In Customer Advances And Deposit
IncreaseDecreaseInCustomerAdvancesAndDeposit
5276122 usd
CY2022 akom Increase Decrease In Customer Advances And Deposit
IncreaseDecreaseInCustomerAdvancesAndDeposit
1258786 usd
CY2023 akom Increase Decreasein Customer Advance
IncreaseDecreaseinCustomerAdvance
-94634 usd
CY2023 us-gaap Increase Decrease In Due To Other Related Parties
IncreaseDecreaseInDueToOtherRelatedParties
386335 usd
CY2022 us-gaap Increase Decrease In Due To Other Related Parties
IncreaseDecreaseInDueToOtherRelatedParties
-353933 usd
CY2023 akom Increase Decrease In Other Payable Others
IncreaseDecreaseInOtherPayableOthers
7576034 usd
CY2022 akom Increase Decrease In Other Payable Others
IncreaseDecreaseInOtherPayableOthers
573895 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
16270 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-186337 usd
CY2023 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-3041 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
522721 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-11094249 usd
CY2022 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
7823 usd
CY2023 us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
-325578 usd
CY2023 us-gaap Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
4237427 usd
CY2023 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1738705 usd
CY2022 us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1306610 usd
CY2022 us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
325578 usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
354469 usd
CY2022 us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
1138952 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6005023 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2763317 usd
CY2023 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
-1310600 usd
CY2022 us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
182521 usd
CY2022 us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
18849200 usd
CY2023 akom Proceeds From Subscribed Capital
ProceedsFromSubscribedCapital
5004000 usd
CY2023 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
11253 usd
CY2022 us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
13090 usd
CY2023 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11412 usd
CY2022 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11927 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3670735 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
19006704 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1811567 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
5149138 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10101920 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3288813 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-861651 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1663969 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7428702 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10101920 usd
CY2023Q4 us-gaap Cash
Cash
4202797 usd
CY2022Q4 us-gaap Cash
Cash
6878362 usd
CY2023Q4 us-gaap Restricted Cash
RestrictedCash
3225905 usd
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
3223558 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7428702 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10101920 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2400 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1600 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
14377.96 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
35232 usd
CY2023 akom Acquisition Of Mesh
AcquisitionOfMesh
16493000 usd
CY2022 us-gaap Stock Issued1
StockIssued1
32912 usd
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.863 pure
CY2017Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.997 pure
CY2022Q4 akom Majority Interest
MajorityInterest
25500000 shares
CY2022Q4 akom Taiwan Buyer
TaiwanBuyer
255000000 twd
CY2022 akom Taiwan Buyer
TaiwanBuyer
9023354 usd
CY2021Q4 akom Working Capital
WorkingCapital
4900000 usd
CY2023Q4 us-gaap Bridge Loan
BridgeLoan
10000000 usd
CY2023 akom Aggregate Principal Amount
aggregatePrincipalAmount
20000000 usd
CY2023 akom Principal Loan Percentage
PrincipalLoanPercentage
0.25 pure
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><span style="text-decoration:underline">Reclassifications of Prior Year Presentation </span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Certain prior year balance sheet, and cash flow statement amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.</span></p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><span style="text-decoration:underline">Use of Estimates</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results may differ from these estimates.</span></p>
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><span style="text-decoration:underline">Concentrations of Credit Risk</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash in banks. As of December 31, 2023 and 2022, the total balance of cash in bank exceeding the amount insured by the Federal Deposit Insurance Corporation (FDIC) for the Company was approximately $0 and $6,153,000, respectively.   The balance of cash deposited in foreign financial institutions exceeding the amount insured by local insurance is approximately $7,246,000 and $3,134,000 as of December 31, 2023 and December 31, 2022, respectively.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">To minimize the credit risk of accounts receivable, the Company performs ongoing credit evaluation of its customers and requires no collateral. An allowance for doubtful accounts is provided based on a review of the collectability of accounts receivable. The Company determines the amount of allowance for doubtful accounts by examining its historical collection experience and current trends in the credit quality of its customers as well as its internal credit policies. Actual credit losses may differ from management’s estimates.</span></p>
CY2023 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
0 usd
CY2022 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
6153000 usd
CY2023 us-gaap Accounts Receivable Purchase
AccountsReceivablePurchase
41088 usd
CY2022 us-gaap Accounts Receivable Purchase
AccountsReceivablePurchase
0 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
0 usd
CY2023 akom Translationadjustmentspolicytextblock
Translationadjustmentspolicytextblock
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif"><span style="text-decoration:underline">Translation Adjustments</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">If a foreign subsidiary’s functional currency is the local currency, translation adjustments will result from the process of translating the subsidiary’s financial statements into the reporting currency of the Company. Such adjustments are accumulated and reported under other comprehensive loss as a separate component of stockholders’ equity.</span></p>
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
6482150 shares
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1993117 shares
CY2019Q3 us-gaap Other Short Term Investments
OtherShortTermInvestments
225500 usd
CY2019Q3 us-gaap Other Short Term Investments
OtherShortTermInvestments
200000 eur
CY2020Q4 akom Dividends Shares Based Compensation Cash
DividendsSharesBasedCompensationCash
20000 eur
CY2023Q4 us-gaap Servicing Asset At Fair Value Amount
ServicingAssetAtFairValueAmount
13831 usd
CY2023 us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
6166 usd
CY2020Q4 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
6000000 shares
CY2020Q4 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
RestrictedStockValueSharesIssuedNetOfTaxWithholdings
5027600 usd
CY2022Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
35000000 twd
CY2022Q3 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
1138952 usd
CY2023Q4 akom Investment Ejectt Shortterm
InvestmentEjecttShortterm
2647975 usd
CY2022Q4 akom Investment Ejectt Shortterm
InvestmentEjecttShortterm
850182 usd
CY2023Q4 akom Investment Liquidity
InvestmentLiquidity
13831 usd
CY2022Q4 akom Investment Liquidity
InvestmentLiquidity
20104 usd
CY2023Q4 us-gaap Prepaid Interest
PrepaidInterest
1143044 usd
CY2022Q4 us-gaap Prepaid Interest
PrepaidInterest
1138952 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
3804850 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
2009238 usd
CY2023Q4 akom Appreciation In Market Value
AppreciationInMarketValue
2018757 usd
CY2022Q4 akom Appreciation In Market Value
AppreciationInMarketValue
223216 usd
CY2023Q4 akom Investment Cost Ejectt Shortterm
InvestmentCostEjecttShortterm
629218 usd
CY2022Q4 akom Investment Cost Ejectt Shortterm
InvestmentCostEjecttShortterm
626966 usd
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
13831 usd
CY2022Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
20104 usd
CY2023Q4 akom Prepaid Investment Cost
PrepaidInvestmentCost
1143044 usd
CY2022Q4 akom Prepaid Investment Cost
PrepaidInvestmentCost
1138952 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
170892 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
1366282 usd
CY2023Q4 akom Prepaid Professional Expense
PrepaidProfessionalExpense
110043 usd
CY2022Q4 akom Prepaid Professional Expense
PrepaidProfessionalExpense
79954 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
48128 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
410090 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
158171 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
490044 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
2076138 usd
CY2023Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
8326017 usd
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
7536409 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
10402155 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
7536409 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
158171 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
490044 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
2076138 usd
CY2023Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
8326017 usd
CY2022Q4 us-gaap Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
7536409 usd
CY2022Q4 akom Property Plant And Equipment Cost
PropertyPlantAndEquipmentCost
4011883 usd
CY2023 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
1430045 usd
CY2023 akom Property Plant And Equipment Cta
PropertyPlantAndEquipmentCTA
-5271 usd
CY2023Q4 akom Property Plant And Equipment Cost
PropertyPlantAndEquipmentCost
5436657 usd
CY2023Q4 akom Property Plant And Equipment Cost
PropertyPlantAndEquipmentCost
5436657 usd
CY2022Q4 akom Property Plant And Equipment Cost
PropertyPlantAndEquipmentCost
4011883 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
324866 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
458998 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2486836 usd
CY2023 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Period Increase Decrease
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentPeriodIncreaseDecrease
602438 usd
CY2023 akom Accumulated Depreciation Depletion And Amortization Cta On Property And Equipment
AccumulatedDepreciationDepletionAndAmortizationCTAOnPropertyAndEquipment
-3485 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3085789 usd
CY2023 us-gaap Depreciation
Depreciation
601618 usd
CY2022 us-gaap Depreciation
Depreciation
563399 usd
CY2022Q3 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
40050000 twd
CY2022 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
1303287 usd
CY2022Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
10005000 twd
CY2022 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
325578 usd
CY2022Q4 us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
667000 shares
CY2023Q4 akom Investment Cost Ejectt Longterm
InvestmentCostEjecttLongterm
-4261920 usd
CY2022Q4 akom Investment Cost Ejectt Longterm
InvestmentCostEjecttLongterm
-4246665 usd
CY2022Q4 akom Investment Cost Ana Navi Tek
InvestmentCostAnaNaviTek
-325578 usd
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
4261920 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
4572243 usd
CY2023 akom Accumulated Impairment Addition
AccumulatedImpairmentAddition
4561037 usd
CY2021Q4 akom Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
1897500 usd
CY2022 akom Additional Accumulated Amortization Intangible Asset
AdditionalAccumulatedAmortizationIntangibleAsset
495000 usd
CY2022Q4 akom Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
1402500 usd
CY2023 akom Additional Accumulated Amortization Intangible Asset
AdditionalAccumulatedAmortizationIntangibleAsset
-11622192 usd
CY2023Q4 akom Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
13024692 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
834277 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
495000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1740647 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1658147 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1245647 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1245647 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1245647 usd
CY2023Q3 akom Ownership Percentage
OwnershipPercentage
1 pure
CY2023Q3 us-gaap Shares Issued
SharesIssued
7000448 shares
CY2023Q3 us-gaap Share Price
SharePrice
2.36
CY2023Q3 akom Acquisition Cost
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11926181 usd
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The Company has the option to redeem the Bonds at a redemption amount equal to the Early Redemption Amount, as defined in the Offering Memorandum, at any time on or after December 2, 2023 and prior to the Maturity Date, if the Closing Price of the Company’s Common Stock listed on the Euronext Paris for 20 trading days in any period of 30 consecutive trading days, the last day of which occurs not more than fifteen trading days prior to the date on which notice of such redemption is given, is greater than 130% of the Conversion Price on each applicable trading day or (ii) in whole or in part of the Bonds on the second anniversary of the issue date or (iii) where 90% or more in principal amount of the Bonds issued have been redeemed, converted or repurchased and cancelled.
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149162 shares
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CY2023Q4 akom Shortterm Loan Related Party
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CY2023Q4 us-gaap Commitments And Contingencies
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CY2022 akom Acquisition Of Mesh
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