2023 Q3 Form 10-Q Financial Statement
#000109690623001514 Filed on August 04, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $6.000K | $6.000K |
YoY Change | -83.33% | -33.33% |
Cost Of Revenue | $1.000K | $2.000K |
YoY Change | 100.0% | |
Gross Profit | $5.000K | $4.000K |
YoY Change | 400.0% | -50.0% |
Gross Profit Margin | 83.33% | 66.67% |
Selling, General & Admin | $49.00K | $49.00K |
YoY Change | -12.5% | 28.95% |
% of Gross Profit | 980.0% | 1225.0% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $2.000K | $1.000K |
YoY Change | -77.78% | -50.0% |
% of Gross Profit | 40.0% | 25.0% |
Operating Expenses | $51.00K | $50.00K |
YoY Change | -73.3% | 21.95% |
Operating Profit | -$46.00K | -$46.00K |
YoY Change | -75.79% | 39.39% |
Interest Expense | $30.00K | $27.00K |
YoY Change | 172.73% | 800.0% |
% of Operating Profit | ||
Other Income/Expense, Net | $0.00 | $1.000K |
YoY Change | -100.0% | -66.67% |
Pretax Income | -$16.00K | -$18.00K |
YoY Change | -66.67% | -37.93% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$16.00K | -$18.00K |
YoY Change | -105.11% | -37.93% |
Net Earnings / Revenue | -266.67% | -300.0% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $0.00 | $0.00 |
COMMON SHARES | ||
Basic Shares Outstanding | 11.52M shares | 11.52M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $2.232M | $2.258M |
YoY Change | -5.34% | -5.52% |
Cash & Equivalents | $2.232M | $2.258M |
Short-Term Investments | ||
Other Short-Term Assets | $22.00K | $29.00K |
YoY Change | -15.38% | -9.38% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $4.000K | $5.000K |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $2.258M | $2.292M |
YoY Change | -5.32% | -5.48% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $29.00K | $84.00K |
YoY Change | -17.14% | 121.05% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $76.00K | $84.00K |
YoY Change | -28.3% | -26.96% |
TOTAL ASSETS | ||
Total Short-Term Assets | $2.258M | $2.292M |
Total Long-Term Assets | $76.00K | $84.00K |
Total Assets | $2.334M | $2.376M |
YoY Change | -6.3% | -6.46% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $4.000K | $3.000K |
YoY Change | 0.0% | 0.0% |
Accrued Expenses | $1.140M | $1.175M |
YoY Change | 6.24% | 9.51% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $1.182M | $1.178M |
YoY Change | 6.2% | 6.32% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $20.00K | $27.00K |
YoY Change | -57.45% | -49.06% |
Total Long-Term Liabilities | $20.00K | $27.00K |
YoY Change | -57.45% | -49.06% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $1.182M | $1.178M |
Total Long-Term Liabilities | $20.00K | $27.00K |
Total Liabilities | $1.202M | $1.205M |
YoY Change | 3.62% | 3.79% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$12.70M | -$12.68M |
YoY Change | 1.04% | 1.3% |
Common Stock | $114.0K | $116.0K |
YoY Change | -5.79% | -4.13% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.132M | $1.171M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $2.334M | $2.376M |
YoY Change | -6.3% | -6.46% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$16.00K | -$18.00K |
YoY Change | -105.11% | -37.93% |
Depreciation, Depletion And Amortization | $2.000K | $1.000K |
YoY Change | -77.78% | -50.0% |
Cash From Operating Activities | -$3.000K | -$32.00K |
YoY Change | -90.63% | -33.33% |
INVESTING ACTIVITIES | ||
Capital Expenditures | ||
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | $0.00 |
YoY Change | ||
Cash From Investing Activities | $0.00 | $0.00 |
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 | -23.00K | 0.000 |
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | -3.000K | -32.00K |
Cash From Investing Activities | 0.000 | 0.000 |
Cash From Financing Activities | -23.00K | 0.000 |
Net Change In Cash | -26.00K | -32.00K |
YoY Change | -18.75% | -33.33% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$3.000K | -$32.00K |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
1-9030 | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
84-0989164 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
700 Colorado Blvd #273 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Denver | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CO | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
80206 | ||
dei |
City Area Code
CityAreaCode
|
303 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
265-9312 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
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false | ||
CY2023Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
11517426 | shares |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2258000 | usd |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2358000 | usd |
CY2023Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
5000 | usd |
CY2022Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1000 | usd |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
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29000 | usd |
CY2022Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
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26000 | usd |
CY2023Q2 | us-gaap |
Assets Current
AssetsCurrent
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2292000 | usd |
CY2022Q3 | us-gaap |
Assets Current
AssetsCurrent
|
2385000 | usd |
CY2023Q2 | us-gaap |
Proved Oil And Gas Property Successful Effort Method
ProvedOilAndGasPropertySuccessfulEffortMethod
|
327000 | usd |
CY2022Q3 | us-gaap |
Proved Oil And Gas Property Successful Effort Method
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|
327000 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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296000 | usd |
CY2022Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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292000 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
31000 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
35000 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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53000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Right Of Use Asset
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71000 | usd |
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11000 | usd |
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CY2022Q3 | us-gaap |
Liabilities Current
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Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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27000 | usd |
CY2022Q3 | us-gaap |
Operating Lease Liability Noncurrent
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CY2023Q2 | us-gaap |
Liabilities
Liabilities
|
1205000 | usd |
CY2022Q3 | us-gaap |
Liabilities
Liabilities
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1160000 | usd |
CY2023Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
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Preferred Stock Par Or Stated Value Per Share
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0.01 | |
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Preferred Stock Par Or Stated Value Per Share
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0.01 | |
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Preferred Stock Shares Authorized
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Preferred Stock Shares Authorized
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Preferred Stock Shares Issued
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Common Stock Value
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Additional Paid In Capital
AdditionalPaidInCapital
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CY2022Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
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CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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-12681000 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
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Stockholders Equity
StockholdersEquity
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Stockholders Equity
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Liabilities And Stockholders Equity
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Results Of Operations Revenue From Oil And Gas Producing Activities
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Revenues
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Revenues
Revenues
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General And Administrative Expense
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General And Administrative Expense
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CY2023Q2 | us-gaap |
Depreciation Depletion And Amortization
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CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
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us-gaap |
Depreciation Depletion And Amortization
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|
4000 | usd | |
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Depreciation Depletion And Amortization
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CY2023Q2 | us-gaap |
Operating Expenses
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Operating Expenses
OperatingExpenses
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us-gaap |
Operating Expenses
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|
131000 | usd | |
CY2023Q2 | us-gaap |
Gain Loss On Sale Of Other Assets
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Gain Loss On Sale Of Other Assets
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Gain Loss On Sale Of Other Assets
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Gain Loss On Sale Of Other Assets
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450000 | usd | |
CY2023Q2 | us-gaap |
Interest Income Other
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Interest Income Other
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Interest Income Other
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Interest Income Other
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Other Income
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Other Income
OtherIncome
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Other Income
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us-gaap |
Other Income
OtherIncome
|
4000 | usd | |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
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28000 | usd |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
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3000 | usd |
us-gaap |
Nonoperating Income Expense
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80000 | usd | |
us-gaap |
Nonoperating Income Expense
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457000 | usd | |
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Net Income Loss
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Net Income Loss
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361000 | usd | |
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Basic And Diluted Income Loss Per Share
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|
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Basic And Diluted Income Loss Per Share
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|
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fil |
Basic And Diluted Income Loss Per Share
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-0.01 | ||
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Basic And Diluted Income Loss Per Share
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|
0.03 | ||
CY2023Q2 | fil |
Basic And Diluted Weighted Average Shares Outstanding
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|
11517426 | shares |
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Basic And Diluted Weighted Average Shares Outstanding
BasicAndDilutedWeightedAverageSharesOutstanding
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12011401 | shares |
fil |
Basic And Diluted Weighted Average Shares Outstanding
BasicAndDilutedWeightedAverageSharesOutstanding
|
11562662 | shares | |
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Basic And Diluted Weighted Average Shares Outstanding
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12011401 | shares | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1331000 | usd |
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Net Income Loss
NetIncomeLoss
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-115000 | usd | |
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Treasury Stock Value Acquired Cost Method
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45000 | usd | |
us-gaap |
Treasury Stock Retired Cost Method Amount
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|
0 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1171000 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1189000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-18000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
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1171000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-115000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
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361000 | usd | |
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Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
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0 | usd | |
us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
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450000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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4000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
5000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
3000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
11000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
1000 | usd | |
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Increase In Accrued Expenses Related Party
IncreaseInAccruedExpensesRelatedParty
|
68000 | usd | |
fil |
Increase In Accrued Expenses Related Party
IncreaseInAccruedExpensesRelatedParty
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0 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3000 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-3000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1000 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-55000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-97000 | usd | |
us-gaap |
Proceeds From Sale Of Other Assets1
ProceedsFromSaleOfOtherAssets1
|
0 | usd | |
us-gaap |
Proceeds From Sale Of Other Assets1
ProceedsFromSaleOfOtherAssets1
|
450000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
450000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
45000 | usd | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-45000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-100000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
353000 | usd | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2358000 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2037000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2258000 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2390000 | usd |
fil |
Treasury Stock Retired Noncash
TreasuryStockRetiredNoncash
|
45000 | usd | |
fil |
Treasury Stock Retired Noncash
TreasuryStockRetiredNoncash
|
0 | usd |
Files In Submission
Name | View Source | Status |
---|---|---|
0001096906-23-001514-index-headers.html | Edgar Link | pending |
0001096906-23-001514-index.html | Edgar Link | pending |
0001096906-23-001514.txt | Edgar Link | pending |
0001096906-23-001514-xbrl.zip | Edgar Link | pending |
altx-20230630.htm | Edgar Link | pending |
altx-20230630.xsd | Edgar Link | pending |
altx-20230630_cal.xml | Edgar Link | unprocessable |
altx_ex31.htm | Edgar Link | pending |
altx_ex32.htm | Edgar Link | pending |
Financial_Report.xlsx | Edgar Link | pending |
MetaLinks.json | Edgar Link | pending |
R1.htm | Edgar Link | pending |
R2.htm | Edgar Link | pending |
R3.htm | Edgar Link | pending |
R4.htm | Edgar Link | pending |
R5.htm | Edgar Link | pending |
R6.htm | Edgar Link | pending |
R7.htm | Edgar Link | pending |
report.css | Edgar Link | pending |
Show.js | Edgar Link | pending |
altx-20230630_lab.xml | Edgar Link | unprocessable |
altx-20230630_pre.xml | Edgar Link | unprocessable |
FilingSummary.xml | Edgar Link | unprocessable |
altx-20230630_htm.xml | Edgar Link | completed |
altx-20230630_def.xml | Edgar Link | unprocessable |