2024 Q4 Form 10-Q Financial Statement

#000121390024097124 Filed on November 13, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $96.31K
YoY Change 56.39%
Cost Of Revenue $285.00
YoY Change -98.93%
Gross Profit $96.02K
YoY Change 175.01%
Gross Profit Margin 99.7%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $3.687M
YoY Change -14.34%
Operating Profit -$3.591M
YoY Change -15.88%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$101.6K
YoY Change -95.29%
Pretax Income -$3.692M
YoY Change -42.52%
Income Tax
% Of Pretax Income
Net Earnings -$3.692M
YoY Change -42.52%
Net Earnings / Revenue -3833.94%
Basic Earnings Per Share -$0.20
Diluted Earnings Per Share -$0.20
COMMON SHARES
Basic Shares Outstanding 18.35M shares 18.35M shares
Diluted Shares Outstanding 18.35M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $77.03K
Short-Term Investments
Other Short-Term Assets $73.11K
YoY Change -51.23%
Inventory $190.4K
Prepaid Expenses $291.7K
Receivables
Other Receivables $398.6K
Total Short-Term Assets $6.043M
YoY Change -64.07%
LONG-TERM ASSETS
Property, Plant & Equipment $41.80M
YoY Change 17.89%
Goodwill $4.574M
YoY Change -78.46%
Intangibles $11.71M
YoY Change 1035.46%
Long-Term Investments
YoY Change
Other Assets $28.18M
YoY Change 369.46%
Total Long-Term Assets $74.83M
YoY Change 10.01%
TOTAL ASSETS
Total Short-Term Assets $6.043M
Total Long-Term Assets $74.83M
Total Assets $80.88M
YoY Change -4.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.901M
YoY Change 21.48%
Accrued Expenses $7.956M
YoY Change -48.76%
Deferred Revenue $762.0K
YoY Change
Short-Term Debt $5.547M
YoY Change 464.59%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $61.63M
YoY Change 191.54%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $290.8K
YoY Change -99.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $61.63M
Total Long-Term Liabilities $290.8K
Total Liabilities $61.92M
YoY Change 12.96%
SHAREHOLDERS EQUITY
Retained Earnings -$94.17M
YoY Change 44.45%
Common Stock $18.20K
YoY Change 8.87%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $18.96M
YoY Change
Total Liabilities & Shareholders Equity $80.88M
YoY Change -4.67%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$3.692M
YoY Change -42.52%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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dei Document Quarterly Report
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dei Document Period End Date
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2024-09-30
dei Document Fiscal Year Focus
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dei Document Transition Report
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dei Entity File Number
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dei Entity Registrant Name
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AERKOMM INC.
dei Entity Incorporation State Country Code
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dei Entity Tax Identification Number
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us-gaap Prior Period Reclassification Adjustment Description
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="text-decoration:underline">Reclassifications of Prior Year Presentation </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">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.</p>
us-gaap Use Of Estimates
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of unaudited condensed 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 unaudited condensed consolidated financial statements and accompanying notes. Actual results may differ from these estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"> </p>
us-gaap Concentration Risk Credit Risk
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="text-decoration:underline">Concentrations of Credit Risk</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist primarily of cash in banks. As of September 30, 2024 and December 31, 2023, 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 $0, respectively.   The balance of cash deposited in foreign financial institutions exceeding the amount insured by local insurance is approximately $35,000 and $7,246,000 as of September 30, 2024 and December 31, 2023, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">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.</p>
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akom Translationadjustmentspolicytextblock
Translationadjustmentspolicytextblock
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><span style="text-decoration:underline">Translation Adjustments</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">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.</p>
CY2019Q3 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
225500 usd
CY2019Q3 us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
200000 eur
CY2019Q3 akom Annual Compensation Amount
AnnualCompensationAmount
20000 eur
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
20370 usd
CY2022Q3 akom Value Of Purchase Common Stock Amount
ValueOfPurchaseCommonStockAmount
35000000 twd
akom Value Of Purchase Common Stock Amount
ValueOfPurchaseCommonStockAmount
1105846 usd
CY2023 akom Value Of Purchase Common Stock Amount
ValueOfPurchaseCommonStockAmount
1143044 usd
CY2024Q3 akom Investment Liquidity
InvestmentLiquidity
13831 usd
CY2023Q4 akom Investment Liquidity
InvestmentLiquidity
13831 usd
CY2024Q3 akom Prepaid Investment
PrepaidInvestment
1105846 usd
CY2023Q4 akom Prepaid Investment
PrepaidInvestment
1143044 usd
CY2024Q3 us-gaap Short Term Investments
ShortTermInvestments
1119677 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
1156875 usd
CY2024Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
190392 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
170892 usd
CY2023 us-gaap Inventory Write Down
InventoryWriteDown
1327788 usd
CY2024Q3 akom Prepaid Professional Expense
PrepaidProfessionalExpense
120143 usd
CY2023Q4 akom Prepaid Professional Expense
PrepaidProfessionalExpense
110043 usd
CY2024Q3 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
171525 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
48128 usd
CY2024Q3 akom Prepaid Expenses And Prepayments For Equipment And Intangible Assets
PrepaidExpensesAndPrepaymentsForEquipmentAndIntangibleAssets
291668 usd
CY2023Q4 akom Prepaid Expenses And Prepayments For Equipment And Intangible Assets
PrepaidExpensesAndPrepaymentsForEquipmentAndIntangibleAssets
158171 usd
CY2024Q3 akom Prepayment For Equipment And Intangible Assets Customer Projects Related Parties
PrepaymentForEquipmentAndIntangibleAssetsCustomerProjectsRelatedParties
2083650 usd
CY2023Q4 akom Prepayment For Equipment And Intangible Assets Customer Projects Related Parties
PrepaymentForEquipmentAndIntangibleAssetsCustomerProjectsRelatedParties
2076138 usd
CY2024Q3 akom Prepayment For Equipment And Intangible Assets Customer Projects
PrepaymentForEquipmentAndIntangibleAssetsCustomerProjects
9175533 usd
CY2023Q4 akom Prepayment For Equipment And Intangible Assets Customer Projects
PrepaymentForEquipmentAndIntangibleAssetsCustomerProjects
8326017 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5454172 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5436657 usd
CY2024Q3 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
3292976 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
3085789 usd
CY2024Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2161196 usd
CY2023Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
2350868 usd
CY2024Q3 us-gaap Land
Land
39315937 usd
CY2023Q4 us-gaap Land
Land
40114286 usd
CY2024Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
325668 usd
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
324866 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
41802801 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
42790020 usd
CY2024Q3 akom Refundable Prepayments
RefundablePrepayments
1098549407 twd
CY2024Q3 akom Refundable Prepayments
RefundablePrepayments
34709302 usd
CY2023Q4 akom Refundable Prepayments
RefundablePrepayments
35876859 usd
CY2024Q3 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
42251900 twd
CY2024Q3 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
1334973 usd
CY2023Q4 us-gaap Accrued Sales Commission Current And Noncurrent
AccruedSalesCommissionCurrentAndNoncurrent
1379879 usd
us-gaap Depreciation
Depreciation
213408 usd
us-gaap Depreciation
Depreciation
525796 usd
CY2024Q3 us-gaap Shares Held In Employee Stock Option Plan Committed To Be Released
SharesHeldInEmployeeStockOptionPlanCommittedToBeReleased
6000000 shares
CY2023Q4 us-gaap Shares Held In Employee Stock Option Plan Committed To Be Released
SharesHeldInEmployeeStockOptionPlanCommittedToBeReleased
6000000 shares
CY2024Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
5000000 shares
CY2024Q3 us-gaap Preferred Stock Convertible Conversion Price
PreferredStockConvertibleConversionPrice
25.58
CY2024Q3 akom Percentage Of Issued And Outstanding Shares
PercentageOfIssuedAndOutstandingShares
0.0922 pure
akom Shareholders Of Aerkomm Taiwan
ShareholdersOfAerkommTaiwan
0.4865 pure
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
CY2024Q3 akom Investment At Cost Ejectt Longterm
InvestmentAtCostEjecttLongterm
-4850648 usd
CY2023Q4 akom Investment At Cost Ejectt Longterm
InvestmentAtCostEjecttLongterm
-5013814 usd
CY2024Q3 us-gaap Long Term Investments
LongTermInvestments
4850648 usd
CY2023Q4 us-gaap Long Term Investments
LongTermInvestments
5013814 usd
CY2023Q4 akom Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
13024692 usd
akom Additional Accumulated Amortization Intangible Asset
AdditionalAccumulatedAmortizationIntangibleAsset
-1318045 usd
akom Currency Translation Adjustment
CurrencyTranslationAdjustment
2788 usd
CY2024Q3 akom Finite Lived Intangible Asset Net
FiniteLivedIntangibleAssetNet
11709435 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1318045 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
371250 usd
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
4561037 usd
CY2022Q4 us-gaap Goodwill
Goodwill
4561037 usd
CY2023 akom Goodwill Addition
GoodwillAddition
4573819 usd
CY2023 akom Goodwill Addition Net
GoodwillAdditionNet
4573819 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4561037 usd
CY2023 akom Accumulated Impairment Impairment Loss
AccumulatedImpairmentImpairmentLoss
4561037 usd
CY2023Q4 us-gaap Goodwill Gross
GoodwillGross
9134856 usd
CY2023Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4561037 usd
CY2023Q4 us-gaap Goodwill
Goodwill
4573819 usd
CY2024Q3 us-gaap Goodwill Gross
GoodwillGross
9134856 usd
CY2024Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
4561037 usd
CY2024Q3 us-gaap Goodwill
Goodwill
4573819 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
4561037 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
4561037 usd
CY2023Q3 akom Ownership Percentage
OwnershipPercentage
1 pure
CY2023Q3 us-gaap Share Price
SharePrice
2.36
CY2023Q3 akom Acquisition Cost
AcquisitionCost
11926181 usd
CY2023Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
4573819 usd
CY2024Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
6786462 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
7956269 usd
CY2024Q3 akom Accrued Unpaid Salaries
AccruedUnpaidSalaries
2900000 usd
CY2024Q3 akom Unpaid Salary
UnpaidSalary
3051000 usd
akom Equity Financing Amount
EquityFinancingAmount
2585200 usd
CY2024Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
5
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y8M8D
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y11M19D
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y1M6D
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P0Y10M6D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.06 pure
CY2023Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.06 pure
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0382 pure
CY2023Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0382 pure
akom Lease Expense
LeaseExpense
95919 usd
akom Lease Expense
LeaseExpense
75899 usd
us-gaap Sublease Income
SubleaseIncome
5954 usd
us-gaap Sublease Income
SubleaseIncome
6519 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
89964 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
69380 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7952 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
8235 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
245 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
567 usd
akom Total Finance Lease Cost
TotalFinanceLeaseCost
8196 usd
akom Total Finance Lease Cost
TotalFinanceLeaseCost
8801 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
131183 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
91986 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
223169 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
11525 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
211644 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
121797 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
89847 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
4095 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
4095 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
13 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
4082 usd
CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
4082 usd
CY2021Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1263823 usd
CY2021Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
40000000 twd
us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
947867 usd
us-gaap Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
30000000 twd
akom Collateralized Loan
CollateralizedLoan
3500000 shares
CY2024Q3 us-gaap Other Commitment
OtherCommitment
5 afn
CY2024Q1 us-gaap Line Of Credit
LineOfCredit
1500000 twd
CY2024Q1 us-gaap Line Of Credit
LineOfCredit
46978 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
48988 usd
CY2024Q3 us-gaap Long Term Debt Maturity Date
LongTermDebtMaturityDate
2024-05-21
akom Line Of Credit Facility Commitments Fee Percentage
LineOfCreditFacilityCommitmentsFeePercentage
0.097 pure
akom Installment Payment Description
InstallmentPaymentDescription
The installment payment plan is 60 months to pay off the balance on the 21st of each month.
akom Interest Of Percentage
InterestOfPercentage
0.075 pure
akom Redemptions Of Debt Description
RedemptionsOfDebtDescription
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.
CY2020Q4 akom Common Stock Convertible Par Or Stated Value Per Share
CommonStockConvertibleParOrStatedValuePerShare
0.001
akom Shares Pledged As Collateral
SharesPledgedAsCollateral
2500000 shares
akom Total Repaid
TotalRepaid
8062247 usd
akom Principal And Interest
PrincipalAndInterest
10358024 usd
CY2024Q3 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
2391092 usd
CY2024Q3 akom Convertible Longterm Bonds Payable Current
ConvertibleLongtermBondsPayableCurrent
2287349 usd
CY2023Q4 akom Convertible Longterm Bonds Payable Current
ConvertibleLongtermBondsPayableCurrent
10303775 usd
CY2024Q3 us-gaap Long Term Transition Bond
LongTermTransitionBond
200000 usd
CY2023Q4 us-gaap Long Term Transition Bond
LongTermTransitionBond
200000 usd
CY2024Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
103743 usd
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
40070 usd
CY2022Q2 us-gaap Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
3175200 usd
CY2022Q3 us-gaap Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
5674000 usd
CY2022Q4 akom Common Stock Total Subscriptions Value
CommonStockTotalSubscriptionsValue
13173200 usd
CY2024Q3 us-gaap Other Additional Capital
OtherAdditionalCapital
10000000 usd
CY2024Q3 us-gaap Convertible Debt
ConvertibleDebt
30000000 usd
CY2024Q3 us-gaap Investment Interest Rate
InvestmentInterestRate
0.04 pure
CY2015Q1 akom Purchase Agreement Terms
PurchaseAgreementTerms
P10Y
CY2015Q1 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
909000 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2400 usd
us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2400 usd
us-gaap Income Loss From Subsidiaries Tax Expense Benefit
IncomeLossFromSubsidiariesTaxExpenseBenefit
2400 usd
us-gaap Income Loss From Subsidiaries Tax Expense Benefit
IncomeLossFromSubsidiariesTaxExpenseBenefit
2400 usd
CY2024Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-741700 usd
CY2023Q3 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-702089 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3530085 usd
us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-2409671 usd
CY2024Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
466842 usd
CY2023Q3 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
747003 usd
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1842994 usd
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2306417 usd
CY2024Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
30484 usd
CY2023Q3 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-497670 usd
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
305321 usd
us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-341500 usd
CY2024Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
127000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
139800 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
976300 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
179500 usd
CY2024Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
-48000 usd
CY2023Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
65500 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
20400 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Depletion
IncomeTaxReconciliationNondeductibleExpenseDepletion
151200 usd
CY2024Q3 akom Income Tax Rate Reconciliation Deduction Accrued Payroll
IncomeTaxRateReconciliationDeductionAccruedPayroll
-79700 usd
CY2023Q3 akom Income Tax Rate Reconciliation Deduction Accrued Payroll
IncomeTaxRateReconciliationDeductionAccruedPayroll
-99700 usd
akom Income Tax Rate Reconciliation Deduction Accrued Payroll
IncomeTaxRateReconciliationDeductionAccruedPayroll
-193400 usd
akom Income Tax Rate Reconciliation Deduction Accrued Payroll
IncomeTaxRateReconciliationDeductionAccruedPayroll
-214000 usd
CY2024Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-926 usd
CY2023Q3 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
144156 usd
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
97770 usd
us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-92846 usd
CY2024Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
86600 usd
CY2023Q3 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
3600 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
96300 usd
us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-4700 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2400 usd
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
18356000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
14831000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
4804000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
3502000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
1273000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
889000 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
68000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
68000 usd
CY2024Q3 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
62000 usd
CY2023Q4 us-gaap Deferred Tax Assets Unrealized Currency Losses
DeferredTaxAssetsUnrealizedCurrencyLosses
20000 usd
CY2024Q3 akom Excess Of Tax Amortization Over Book Amortization
ExcessOfTaxAmortizationOverBookAmortization
-146000 usd
CY2023Q4 akom Excess Of Tax Amortization Over Book Amortization
ExcessOfTaxAmortizationOverBookAmortization
-285000 usd
CY2024Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
-134000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
27000 usd
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
24283000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
19052000 usd
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
24283000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
19052000 usd
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
5231000 usd
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
90000000 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1802373 shares
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1802373 shares
akom Share Based Compensation Arrangement By Sharebased Payment Award Option Nonvested Number Of Shares
ShareBasedCompensationArrangementBySharebasedPaymentAwardOptionNonvestedNumberOfShares
149162 shares
CY2023 akom Share Based Compensation Arrangement By Sharebased Payment Award Option Nonvested Number Of Shares
ShareBasedCompensationArrangementBySharebasedPaymentAwardOptionNonvestedNumberOfShares
149162 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1951535 shares
CY2023 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1951535 shares
CY2024Q3 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P2Y
CY2022 us-gaap Other Expenses
OtherExpenses
6820000 jpy
CY2022 us-gaap Other Expenses
OtherExpenses
51800 usd
CY2023Q4 akom Sales Agreements
SalesAgreements
1243247 usd
CY2024Q3 akom Sales Agreements
SalesAgreements
1202788 usd
CY2023Q2 us-gaap Security Deposit
SecurityDeposit
20000000 twd
CY2023Q4 us-gaap Security Deposit
SecurityDeposit
653168 usd
CY2024Q2 us-gaap Security Deposit
SecurityDeposit
631912 usd
us-gaap Equipment Expense
EquipmentExpense
4423852 usd
CY2023Q4 us-gaap Equipment Expense
EquipmentExpense
5333333 twd
CY2023Q4 us-gaap Equipment Expense
EquipmentExpense
174178 usd
CY2021 akom Consulting Fees
ConsultingFees
15120 eur
CY2021 akom Consulting Fees
ConsultingFees
17000 usd
CY2023Q4 us-gaap Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
75326 usd
CY2023Q4 us-gaap Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
2306000 twd
CY2024Q3 us-gaap Longterm Construction Loan Current And Noncurrent
LongtermConstructionLoanCurrentAndNoncurrent
173839 usd
akom Purchase From Ejectt
PurchaseFromEjectt
446367 usd
akom Service Income From Ejectt
ServiceIncomeFromEjectt
98395 usd
akom Service Income From Star Jec
ServiceIncomeFromStarJec
2805 usd
akom Rental Income From Ee Sqaure Jp
RentalIncomeFromEESqaureJP
5954 usd
akom Rental Income From Ee Sqaure Jp
RentalIncomeFromEESqaureJP
6519 usd
akom Rental Income From Wtl
RentalIncomeFromWTL
10865 usd
us-gaap Other Income
OtherIncome
10865 usd
CY2017Q2 akom Vest Rate Percentage
VestRatePercentage
0.50 pure
CY2017Q3 us-gaap Shares Acquired Weighted Average Discount To Net Assets Percentage
SharesAcquiredWeightedAverageDiscountToNetAssetsPercentage
0.50 pure
CY2019Q4 akom Vest Rate Percentage
VestRatePercentage
0.25 pure
CY2020Q4 akom Vest Rate Percentage
VestRatePercentage
0.25 pure
CY2022Q4 akom Vest Rate Percentage
VestRatePercentage
0.25 pure
CY2021Q4 akom Vest Rate Percentage
VestRatePercentage
0.25 pure
CY2019Q4 akom Independent Directors Shares
IndependentDirectorsShares
4000 shares
CY2021Q1 akom Independent Directors Shares
IndependentDirectorsShares
4000 shares
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4599472 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
854739 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
2.58
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
2.89
CY2018Q2 us-gaap Professional Fees
ProfessionalFees
1200000 usd
CY2020Q4 akom Refund Payment Amount
RefundPaymentAmount
8000000 cny
CY2020Q4 us-gaap Payments For Fees
PaymentsForFees
190000 cny
CY2022Q4 us-gaap Option Indexed To Issuers Equity Settlement Alternatives Shares At Fair Value
OptionIndexedToIssuersEquitySettlementAlternativesSharesAtFairValue
25500000 shares
CY2022Q4 akom Percentage Of Issued And Outstanding Shares
PercentageOfIssuedAndOutstandingShares
0.51 pure
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
usd
CY2024Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
usd
CY2024Q3 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
usd
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
usd
us-gaap Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
usd
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
usd
us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
usd
us-gaap Proceeds From Other Equity
ProceedsFromOtherEquity
usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
usd
us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
CY2023Q4 us-gaap Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
usd
CY2023Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2023Q3 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
usd
us-gaap Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
usd
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
usd
akom Goodwill Addition
GoodwillAddition
usd
akom Accumulated Impairment Addition
AccumulatedImpairmentAddition
usd
akom Goodwill Addition Net
GoodwillAdditionNet
usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
usd
CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
usd
CY2024Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2023Q3 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
usd
CY2024Q3 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
usd
CY2023Q3 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
usd
CY2024Q3 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
usd
CY2023Q3 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
usd
us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
usd
CY2024Q3 us-gaap Income Loss From Subsidiaries Tax Expense Benefit
IncomeLossFromSubsidiariesTaxExpenseBenefit
usd
CY2023Q3 us-gaap Income Loss From Subsidiaries Tax Expense Benefit
IncomeLossFromSubsidiariesTaxExpenseBenefit
usd
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2024Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
usd
akom Service Income From Ejectt
ServiceIncomeFromEjectt
usd
akom Service Income From Star Jec
ServiceIncomeFromStarJec
usd
akom Rental Income From Wtl
RentalIncomeFromWTL
usd
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001590496

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