2022 Q3 Form 10-K Financial Statement

#000121390022059543 Filed on September 28, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit $0.00 $0.00
YoY Change
Gross Profit Margin
Selling, General & Admin $2.670M
YoY Change
% of Gross Profit
Research & Development $629.5K $1.064M
YoY Change 539.4%
% of Gross Profit
Depreciation & Amortization $98.99K
YoY Change
% of Gross Profit
Operating Expenses $1.567M $3.734M
YoY Change 125.5% 1359.26%
Operating Profit -$1.567M -$3.734M
YoY Change 125.5%
Interest Expense $2.100K
YoY Change -170.0%
% of Operating Profit
Other Income/Expense, Net $36.65K $281.8K
YoY Change -59.79% 563.89%
Pretax Income -$1.530M -$3.452M
YoY Change 153.46% 1495.05%
Income Tax
% Of Pretax Income
Net Earnings -$1.530M -$3.452M
YoY Change 153.46% 1489.18%
Net Earnings / Revenue
Basic Earnings Per Share -$0.14 -$0.32
Diluted Earnings Per Share -$0.14 -$0.32
COMMON SHARES
Basic Shares Outstanding 10.65M shares 10.65M shares
Diluted Shares Outstanding 10.65M shares 10.65M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $2.371M $3.741M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.383M $4.431M
YoY Change -40.7%
LONG-TERM ASSETS
Property, Plant & Equipment $987.0K
YoY Change
Goodwill
YoY Change
Intangibles $12.08K $12.83K
YoY Change -13.48%
Long-Term Investments
YoY Change
Other Assets $13.01K $13.01K
YoY Change -80.0%
Total Long-Term Assets $1.471M $1.500M
YoY Change -6.87%
TOTAL ASSETS
Total Short-Term Assets $3.383M $4.431M
Total Long-Term Assets $1.471M $1.500M
Total Assets $4.854M $5.931M
YoY Change -34.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $114.1K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $795.7K $372.4K
YoY Change 29.72%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $795.7K $372.4K
Total Long-Term Liabilities
Total Liabilities $1.214M $831.1K
YoY Change -7.4%
SHAREHOLDERS EQUITY
Retained Earnings -$5.213M -$3.682M
YoY Change 1494.69%
Common Stock $1.066K $1.066K
YoY Change 1.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.640M $5.100M
YoY Change
Total Liabilities & Shareholders Equity $4.854M $5.931M
YoY Change -34.7%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$1.530M -$3.452M
YoY Change 153.46% 1489.18%
Depreciation, Depletion And Amortization $98.99K
YoY Change
Cash From Operating Activities -$1.317M -$2.253M
YoY Change 167.6% 3194.04%
INVESTING ACTIVITIES
Capital Expenditures $955.7K
YoY Change 3407.05%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$52.66K -$955.7K
YoY Change -79.66% 3407.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $161.9K
YoY Change -97.63%
NET CHANGE
Cash From Operating Activities -$1.317M -$2.253M
Cash From Investing Activities -$52.66K -$955.7K
Cash From Financing Activities $161.9K
Net Change In Cash -$1.369M -$3.047M
YoY Change 132.48% -145.14%
FREE CASH FLOW
Cash From Operating Activities -$1.317M -$2.253M
Capital Expenditures $955.7K
Free Cash Flow -$3.208M
YoY Change 3254.73%

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CashAndCashEquivalentsAtCarryingValue
38302 usd
us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
258308 usd
CY2020 us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
800 usd
CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
9600 usd
CY2022Q2 us-gaap Treasury Stock Common Shares
TreasuryStockCommonShares
1.299135853 shares
CY2022Q2 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
4100000 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
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CY2022 almu Aggregate Shares
AggregateShares
2500000 shares
CY2022 us-gaap Profit Loss
ProfitLoss
3451699 usd
CY2022Q2 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
3586435 usd
CY2020Q4 almu Issued And Vested Shares Description
IssuedAndVestedSharesDescription
On October 27th, 2020, the Company issued 1,623,920 shares of common stock to Director and CEO Jonathan Klamkin and 1,623,920 shares of common stock to Director, interim CFO and COO, Lee McCarthy for an aggregate sum of $10,000 each. The stock purchase agreement contains a repurchase option whereby unvested shares may be repurchased by the Company, at the Company’s option, within 90 days after employee termination. 324,784 shares vested on October 27, 2020 and the remaining 1,299,136 shares vest in equal amounts, monthly over the subsequent 4 years.
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; "><span style="text-decoration:underline">Use of Estimates and Assumptions</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; ">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
us-gaap Interest Expense Other
InterestExpenseOther
3000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; "><span style="text-decoration:underline">Concentration of Risk</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; ">The Company maintains its cash in bank deposit accounts which, at times, may exceed federally insured limits. The Company has not experienced any losses in such accounts.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 almu Vested Shares
VestedShares
866090 shares
CY2022 almu Unvested Shares
UnvestedShares
757830 shares
CY2021Q2 almu Stock Based Compensation
StockBasedCompensation
36473 usd
CY2022 us-gaap Finite Lived Intangible Assets Amortization Method
FiniteLivedIntangibleAssetsAmortizationMethod
10 years
CY2021Q1 almu Cash Agreements
CashAgreements
210000 usd
CY2021Q2 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
129154 shares
CY2021Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
48308 usd
CY2022Q2 us-gaap Excess Stock Shares Authorized
ExcessStockSharesAuthorized
50000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022 us-gaap Unrecognized Tax Benefits Income Tax Penalties Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesExpense
0 usd
CY2022 almu Registration Rights Agreement Description
RegistrationRightsAgreementDescription
The maximum amount of liquidated damages that may be paid by the Company shall be an amount equal to eight percent (8%) of the shares covered by the registration rights agreement. This filing covered 11,010,002 shares. The Company currently expects to satisfy all of its obligations under the Registration Agreement and does not expect to pay any damages pursuant to this agreement; therefore, no liability has been recorded.
us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
723008 shares
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1372435 usd
CY2022Q2 almu Stock Based Compensation
StockBasedCompensation
662464 usd
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
shares
us-gaap Repayments Of Debt
RepaymentsOfDebt
16616 usd
CY2020Q4 almu Promissory Notes
PromissoryNotes
60000 usd
CY2021Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.05 pure
CY2021 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2021-12-31
us-gaap Interest Expense
InterestExpense
1000 usd
CY2022Q2 us-gaap Preferred Units Authorized
PreferredUnitsAuthorized
10000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022 us-gaap Investment Company Incentive Fee To Average Net Assets
InvestmentCompanyIncentiveFeeToAverageNetAssets
0.10 pure
CY2022 almu Investors In The Offering
InvestorsInTheOffering
0.03 pure
CY2022 almu Gross Proceeds Raised
GrossProceedsRaised
800000 usd
CY2022Q2 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
50000 shares
CY2022 almu Number Of Shares Of Common Stock
NumberOfSharesOfCommonStock
0.10 pure
CY2022 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
800000 usd
CY2022 us-gaap Debt Instrument Term
DebtInstrumentTerm
P5Y
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
2
CY2021Q2 us-gaap Deferred Sales Commission
DeferredSalesCommission
725900 usd
CY2021Q2 us-gaap Excess Stock Shares Issued
ExcessStockSharesIssued
50000 shares
CY2021Q2 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
348500 shares
CY2022 us-gaap Legal Fees
LegalFees
233605 usd
CY2022Q2 us-gaap Financing Receivable Revolving
FinancingReceivableRevolving
50000 usd
CY2022 us-gaap Loan Processing Fee
LoanProcessingFee
23070 usd
CY2022 almu Additional Paid Offering Costs
AdditionalPaidOfferingCosts
45000 usd
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
CY2022 almu Deferred Compensation Costs
DeferredCompensationCosts
673498 usd
CY2022 almu Exceptd Expenses Deferred Compensation
ExceptdExpensesDeferredCompensation
662464 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
723008 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.9
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
31776 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
1.9
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
691232 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.9
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
346807 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
1.9
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
344426 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.9
CY2022 almu Stock Based Compensation Expense Description
StockBasedCompensationExpenseDescription
the Company issued an option to purchase 10,000 shares of common stock to a director at a price of $2.00 per share, expiring in 10 years, and an option to purchase 10,000 shares of common stock to an advisor at a price of $2.00 per share expiring in 5 years. These options vested over periods ranging from one month to three months.In December of 2021, the Company issued options to purchase common stock to two directors in increments of 125,000 each. The options have an exercise price of $2.00, expire in 10 years, vest 12,500 options per quarter in the first year and 9,375 per quarter for the following two years. In February of 2022, the company granted 16,750 in options to one director and 15,500 to another director at a price of $2.00 per share, for committee service. These options are subject to quarterly vesting over four quarters and expire in 10 years. On February 1, 2022, the Company entered into a consulting advisory agreement which grants 2,500 options with every patent filing. On February 4, 2022, the advisor was granted 2,500 options with an exercise price of $2.00 and an expiration date of ten years. In April of 2022, the Company issued 513,000 options to purchase common stock to employees. The options have an exercise price of $2.00 and expire in 10 years with 25% vesting after one year and the remainder scheduled to vest each quarter for three years, subject to the continued status as an employee to the Company through each vesting date. The estimated weighted average fair value of the options granted during the twelve months ended June 30, 2022 were approximately $1.50 per share. 
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1 pure
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022 almu Stockbased Compensation Expenses For Options Granted
StockbasedCompensationExpensesForOptionsGranted
204011 usd
CY2022 us-gaap Deferred Compensation Arrangement With Individual Allocated Share Based Compensation Expense
DeferredCompensationArrangementWithIndividualAllocatedShareBasedCompensationExpense
1018014 usd
CY2022 almu Average Expected Recognition Period
AverageExpectedRecognitionPeriod
P3Y2M12D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
817750 shares
CY2022Q2 almu Weighted Average Exercise Price Granted
WeightedAverageExercisePriceGranted
2
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
2
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
817750 shares
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
83250 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2
CY2021Q2 us-gaap Lessor Operating Lease Lease Not Yet Commenced Description
LessorOperatingLeaseLeaseNotYetCommencedDescription
On April 1, 2021, the Company commenced a 5-year operating lease for a facility in Santa Barbara, California with total lease payments of $781,813.
CY2022Q2 almu Lease Incentive
LeaseIncentive
134625 usd
CY2022 almu Lease Payments
LeasePayments
767553 shares
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
161070 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
165096 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
169224 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
129324 usd
CY2022Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
624714 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
9021 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
615693 usd
CY2022Q2 almu Operating Lease Less Current Portion
OperatingLeaseLessCurrentPortion
156988 usd
CY2022Q2 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
458705 usd
CY2022Q2 us-gaap Lessor Operating Lease Term Of Contract
LessorOperatingLeaseTermOfContract
P3Y9M
CY2022Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0075 pure
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
157141 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
39090 usd
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
0 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
240421 usd
us-gaap Variable Lease Cost
VariableLeaseCost
30783 usd
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
0 usd
CY2022 us-gaap Lessee Operating Lease Description
LesseeOperatingLeaseDescription
The sub-lease provides for base monthly rent of $13,013 through May 31, 2021 and $8,400 starting June 1, 2021 plus common area operating and utility costs. The sublease was amended on February 7, 2022 to sublease a smaller portion of the property at a base rental rate of $6,930 per month effective March 1, 2022. The sublease was amended again on May 17, 2022 to sublease a smaller portion of the property at a base rental rate of $5,200 per month effective June 1, 2022.
CY2022 us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
279727 usd
us-gaap Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
84743 usd
CY2022 almu Warrants To Purcahase Common Stock
WarrantsToPurcahaseCommonStock
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 9 – Warrants to Purchase Common Stock</b></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In connection with the Offering, the Company issued 360,000 warrants to purchase common stock to the Placement Agents. The warrants carry a term of 5 years and an exercise price of $2.00.</span></p>
CY2022 almu Warrants To Purcahase Common Stock Description
WarrantsToPurcahaseCommonStockDescription
In connection with the Offering, the Company issued 360,000 warrants to purchase common stock to the Placement Agents. The warrants carry a term of 5 years and an exercise price of $2.00.
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
shares
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
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CY2020 us-gaap General Insurance Expense
GeneralInsuranceExpense
usd
CY2020 us-gaap Other Income
OtherIncome
usd
CY2022 almu Change In Value Of Liability
ChangeInValueOfLiability
usd
CY2020 almu Change In Value Of Liability
ChangeInValueOfLiability
usd
CY2022 almu Purchase Of Domain Name
PurchaseOfDomainName
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CY2020 almu Purchase Of Domain Name
PurchaseOfDomainName
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CY2022 almu Proceeds From Sales Of Shares To Advisor
ProceedsFromSalesOfSharesToAdvisor
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CY2020 almu Proceeds From Sales Of Shares To Advisor
ProceedsFromSalesOfSharesToAdvisor
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CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
CY2022 us-gaap Proceeds From Advances For Construction
ProceedsFromAdvancesForConstruction
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us-gaap Proceeds From Advances For Construction
ProceedsFromAdvancesForConstruction
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us-gaap Payments For Repurchase Of Initial Public Offering
PaymentsForRepurchaseOfInitialPublicOffering
usd
CY2022 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
usd
CY2020 us-gaap Repayments Of Other Short Term Debt
RepaymentsOfOtherShortTermDebt
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CY2022 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
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CY2020 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
usd
CY2022 us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
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us-gaap Adjustment Of Warrants Granted For Services
AdjustmentOfWarrantsGrantedForServices
usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
usd
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
usd
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001828805

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