2022 Q4 Form 10-Q Financial Statement

#000190359622000846 Filed on November 21, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $11.32M $2.124M $753.0K
YoY Change 1458.72% 182.04% 180.21%
Cost Of Revenue $9.851M $1.864M $424.2K
YoY Change 2138.5% 339.49% 169.42%
Gross Profit $1.470M $259.2K $328.7K
YoY Change 413.54% -21.15% 195.48%
Gross Profit Margin 12.98% 12.2% 43.66%
Selling, General & Admin $904.8K $681.3K $590.1K
YoY Change 23.7% 15.45% 110.05%
% of Gross Profit 61.56% 262.86% 179.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $114.2K $40.84K $68.83K
YoY Change 543.21% -40.67% 1633.75%
% of Gross Profit 7.77% 15.76% 20.94%
Operating Expenses $904.8K $737.5K $590.1K
YoY Change 23.7% 24.97% 110.05%
Operating Profit $565.0K -$478.3K -$261.4K
YoY Change -226.89% 82.97% 54.05%
Interest Expense -$110.1K $77.38K -$28.03K
YoY Change 285.81% -376.06% 1465.92%
% of Operating Profit -19.49%
Other Income/Expense, Net $2.530K $80.63K $940.00
YoY Change -92.22% 8477.34% -97.45%
Pretax Income $457.4K -$397.7K -$158.3K
YoY Change -157.87% 151.2% 17.63%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $457.4K -$397.7K -$158.3K
YoY Change -157.87% 151.2% 17.63%
Net Earnings / Revenue 4.04% -18.73% -21.02%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.01 -$4.639K -$1.977K
COMMON SHARES
Basic Shares Outstanding 85.73M shares 85.73M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $127.1K $201.1K $887.0K
YoY Change -81.12% -77.33% -25.94%
Cash & Equivalents $117.5K $191.5K $884.1K
Short-Term Investments $9.600K $9.600K $2.900K
Other Short-Term Assets $73.93K $129.7K $53.60K
YoY Change 43.97% 141.94% 159.94%
Inventory $353.0K $352.5K $277.3K
Prepaid Expenses
Receivables $469.1K $259.9K $45.16K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.023M $943.2K $1.263M
YoY Change 0.84% -25.32% -5.03%
LONG-TERM ASSETS
Property, Plant & Equipment $427.7K $442.9K $543.3K
YoY Change 13.79% -18.48% 1737.99%
Goodwill $1.332M $1.985M
YoY Change -32.89%
Intangibles $1.332M $686.2K
YoY Change 78.58%
Long-Term Investments
YoY Change
Other Assets $6.000K $6.000K $32.89K
YoY Change 0.0% -81.76%
Total Long-Term Assets $3.593M $3.332M $3.170M
YoY Change 11.98% 5.13% 10622.56%
TOTAL ASSETS
Total Short-Term Assets $1.023M $943.2K $1.263M
Total Long-Term Assets $3.593M $3.332M $3.170M
Total Assets $4.616M $4.275M $4.433M
YoY Change 9.31% -3.55% 226.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $679.2K $453.7K $173.8K
YoY Change 179.86% 161.13% 756.38%
Accrued Expenses $39.13K $39.11K $189.4K
YoY Change -47.22% -79.35% 187.48%
Deferred Revenue
YoY Change
Short-Term Debt $550.0K $550.0K $1.100M
YoY Change -50.0% -50.0% 900.82%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.099M $2.924M $1.646M
YoY Change 8.81% 77.72% 328.96%
LONG-TERM LIABILITIES
Long-Term Debt $150.0K $0.00 $0.00
YoY Change
Other Long-Term Liabilities $497.4K $93.75K $8.270K
YoY Change 184.21% 1033.62%
Total Long-Term Liabilities $613.0K $93.75K $8.270K
YoY Change 250.26% 1033.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.099M $2.924M $1.646M
Total Long-Term Liabilities $613.0K $93.75K $8.270K
Total Liabilities $2.747M $3.018M $1.654M
YoY Change 30.53% 82.5% 331.12%
SHAREHOLDERS EQUITY
Retained Earnings -$10.08M -$10.54M
YoY Change 6.7%
Common Stock $922.00 $856.00
YoY Change 12.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.870M $1.257M $2.779M
YoY Change
Total Liabilities & Shareholders Equity $4.616M $4.275M $4.433M
YoY Change 9.31% -3.55% 226.05%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income $457.4K -$397.7K -$158.3K
YoY Change -157.87% 151.2% 17.63%
Depreciation, Depletion And Amortization $114.2K $40.84K $68.83K
YoY Change 543.21% -40.67% 1633.75%
Cash From Operating Activities -$267.7K -$577.9K -$308.8K
YoY Change -13.13% 87.16% 54.07%
INVESTING ACTIVITIES
Capital Expenditures -$11.64K -$104.3K $34.08K
YoY Change -67.67% -406.1% -10750.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities $11.64K -$104.3K $34.08K
YoY Change -132.33% -406.1% -10750.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 182.1K 0.000 26.93K
YoY Change 39.49% -100.0% -94.61%
NET CHANGE
Cash From Operating Activities -267.7K -577.9K -308.8K
Cash From Investing Activities 11.64K -104.3K 34.08K
Cash From Financing Activities 182.1K 0.000 26.93K
Net Change In Cash -73.97K -682.3K -247.8K
YoY Change -65.37% 175.35% -182.79%
FREE CASH FLOW
Cash From Operating Activities -$267.7K -$577.9K -$308.8K
Capital Expenditures -$11.64K -$104.3K $34.08K
Free Cash Flow -$256.1K -$473.6K -$342.9K
YoY Change -5.91% 38.13% 71.35%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0000945617
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q3 AMMJ Debt Forgiveness
DebtForgiveness
usd
AMMJ Debt Forgiveness
DebtForgiveness
usd
CY2022Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
AMMJ Stock Issued For Cashless Exercise Value
StockIssuedForCashlessExerciseValue
usd
AMMJ Stockbased Compensation To Third Party
StockbasedCompensationToThirdParty
usd
AMMJ Debt Forgiveness1
DebtForgiveness1
usd
AMMJ Increase Decrease In Long Term Deposits
IncreaseDecreaseInLongTermDeposits
usd
AMMJ Increase Decrease In Long Term Deposits
IncreaseDecreaseInLongTermDeposits
usd
AMMJ Increase Decrease In Litigation Settlement Liability
IncreaseDecreaseInLitigationSettlementLiability
usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
AMMJ Stock Based Compensation Third Party
StockBasedCompensationThirdParty
usd
AMMJ Stock Issued For Receivables
StockIssuedForReceivables
usd
AMMJ Stock Issued For Acquisition
StockIssuedForAcquisition
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-26108
dei Entity Registrant Name
EntityRegistrantName
AMERICAN CANNABIS COMPANY, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
90-1116625
dei Entity Address Address Line1
EntityAddressAddressLine1
200 Union Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Ste. 200
dei Entity Address Address Line3
EntityAddressAddressLine3
Lakewood
dei Entity Address State Or Province
EntityAddressStateOrProvince
CO
dei Entity Address City Or Town
EntityAddressCityOrTown
Denver
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
80228
dei City Area Code
CityAreaCode
303
dei Local Phone Number
LocalPhoneNumber
974-4770
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 Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
85727938 shares
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
191516 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
670423 usd
CY2022Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
259926 usd
CY2021Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
11316 usd
CY2022Q3 us-gaap Deposits Assets Current
DepositsAssetsCurrent
9595 usd
CY2021Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
2895 usd
CY2022Q3 us-gaap Inventory Net
InventoryNet
352494 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
278608 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
129675 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
51353 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
943205 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
1014595 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
442901 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
375832 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
686242 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
745937 usd
CY2022Q3 us-gaap Goodwill
Goodwill
1985113 usd
CY2021Q4 us-gaap Goodwill
Goodwill
1985113 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
211913 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
95722 usd
CY2022Q3 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
6000 usd
CY2021Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
6000 usd
CY2022Q3 us-gaap Other Assets
OtherAssets
2889268 usd
CY2021Q4 us-gaap Other Assets
OtherAssets
2832772 usd
CY2022Q3 us-gaap Assets
Assets
4275374 usd
CY2021Q4 us-gaap Assets
Assets
4223199 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
453738 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
242679 usd
CY2022Q3 AMMJ Advances From Client
AdvancesFromClient
1390972 usd
CY2021Q4 AMMJ Advances From Client
AdvancesFromClient
111892 usd
CY2022Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
94085 usd
CY2021Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
161718 usd
CY2022Q3 AMMJ Stock Payable
StockPayable
117479 usd
CY2021Q4 AMMJ Stock Payable
StockPayable
42207 usd
CY2022Q3 AMMJ Right Of Use Liabilities All Current
RightOfUseLiabilitiesAllCurrent
211913 usd
CY2021Q4 AMMJ Right Of Use Liabilities All Current
RightOfUseLiabilitiesAllCurrent
95722 usd
CY2022Q3 us-gaap Litigation Reserve Current
LitigationReserveCurrent
106250 usd
CY2021Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
175000 usd
CY2022Q3 us-gaap Notes Payable Current
NotesPayableCurrent
550000 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
1100000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
2924436 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1929218 usd
CY2022Q3 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
93750 usd
CY2021Q4 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
175000 usd
CY2022Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
93750 usd
CY2021Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
175000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
3018186 usd
CY2021Q4 us-gaap Liabilities
Liabilities
2104218 usd
CY2022Q3 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0.01
CY2021Q4 us-gaap Preferred Stock No Par Value
PreferredStockNoParValue
0.01
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
85727938 shares
CY2022Q3 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
85727938 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
70727938 shares
CY2021Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
70727938 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
856 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
819 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11794476 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11565679 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-10538144 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-9447517 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1257188 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2118981 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4275374 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4223199 usd
CY2022Q3 AMMJ Consulting And Advisory Revenues
ConsultingAndAdvisoryRevenues
66824 usd
CY2021Q3 AMMJ Consulting And Advisory Revenues
ConsultingAndAdvisoryRevenues
53277 usd
AMMJ Consulting And Advisory Revenues
ConsultingAndAdvisoryRevenues
308872 usd
AMMJ Consulting And Advisory Revenues
ConsultingAndAdvisoryRevenues
254669 usd
CY2022Q3 AMMJ Equipment Supplies Revenues
EquipmentSuppliesRevenues
1866725 usd
CY2021Q3 AMMJ Equipment Supplies Revenues
EquipmentSuppliesRevenues
292709 usd
AMMJ Equipment Supplies Revenues
EquipmentSuppliesRevenues
6540558 usd
AMMJ Equipment Supplies Revenues
EquipmentSuppliesRevenues
730198 usd
CY2022Q3 AMMJ Cannabis Products
CannabisProducts
190067 usd
CY2021Q3 AMMJ Cannabis Products
CannabisProducts
406967 usd
AMMJ Cannabis Products
CannabisProducts
638316 usd
AMMJ Cannabis Products
CannabisProducts
714043 usd
CY2022Q3 us-gaap Revenues
Revenues
2123616 usd
CY2021Q3 us-gaap Revenues
Revenues
752953 usd
us-gaap Revenues
Revenues
7487746 usd
us-gaap Revenues
Revenues
1698910 usd
CY2022Q3 AMMJ Cost Of Consulting And Advisory
CostOfConsultingAndAdvisory
19500 usd
CY2021Q3 AMMJ Cost Of Consulting And Advisory
CostOfConsultingAndAdvisory
9473 usd
AMMJ Cost Of Consulting And Advisory
CostOfConsultingAndAdvisory
67422 usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
328721 usd
us-gaap Gross Profit
GrossProfit
1067363 usd
us-gaap Gross Profit
GrossProfit
769927 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
617270 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
539340 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1951008 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1428092 usd
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
64017 usd
CY2021Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
42455 usd
AMMJ Cost Of Consulting And Advisory
CostOfConsultingAndAdvisory
36179 usd
CY2022Q3 AMMJ Cost Of Equipment Supplies
CostOfEquipmentSupplies
1664235 usd
CY2021Q3 AMMJ Cost Of Equipment Supplies
CostOfEquipmentSupplies
182795 usd
AMMJ Cost Of Equipment Supplies
CostOfEquipmentSupplies
5628432 usd
AMMJ Cost Of Equipment Supplies
CostOfEquipmentSupplies
513051 usd
CY2022Q3 AMMJ Cost Of Cannabis Product
CostOfCannabisProduct
180701 usd
CY2021Q3 AMMJ Cost Of Cannabis Product
CostOfCannabisProduct
231964 usd
AMMJ Cost Of Cannabis Product
CostOfCannabisProduct
724529 usd
AMMJ Cost Of Cannabis Product
CostOfCannabisProduct
379753 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
1864436 usd
CY2021Q3 us-gaap Cost Of Revenue
CostOfRevenue
424232 usd
us-gaap Cost Of Revenue
CostOfRevenue
6420383 usd
us-gaap Cost Of Revenue
CostOfRevenue
928983 usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
259180 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
165544 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
150301 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
56170 usd
CY2021Q3 us-gaap Share Based Compensation
ShareBasedCompensation
8318 usd
us-gaap Share Based Compensation
ShareBasedCompensation
121479 usd
us-gaap Share Based Compensation
ShareBasedCompensation
37008 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
737458 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
590113 usd
us-gaap Operating Expenses
OperatingExpenses
2238032 usd
us-gaap Operating Expenses
OperatingExpenses
1615401 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-478277 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-261392 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1170668 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-845474 usd
CY2022Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
77381 usd
CY2021Q3 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-28027 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
32024 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-46837 usd
CY2021Q3 AMMJ Debt Forgiveness
DebtForgiveness
-130186 usd
AMMJ Debt Forgiveness
DebtForgiveness
-240100 usd
CY2022Q3 us-gaap Other Income
OtherIncome
3247 usd
CY2021Q3 us-gaap Other Income
OtherIncome
938 usd
us-gaap Other Income
OtherIncome
48016 usd
AMMJ Debt Forgiveness1
DebtForgiveness1
-240100 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
248610 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
185151 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
73886 usd
us-gaap Other Income
OtherIncome
3367 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
80627 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
103097 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
80040 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
196630 usd
CY2022Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-397650 usd
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-158295 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1090628 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-648844 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-397650 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-158295 usd
us-gaap Net Income Loss
NetIncomeLoss
-1090628 usd
us-gaap Net Income Loss
NetIncomeLoss
-648844 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2022Q3 AMMJ Basic And Diluted Weighted Average Common Shares Outstanding
BasicAndDilutedWeightedAverageCommonSharesOutstanding
85727938 shares
CY2021Q3 AMMJ Basic And Diluted Weighted Average Common Shares Outstanding
BasicAndDilutedWeightedAverageCommonSharesOutstanding
8052395 shares
AMMJ Basic And Diluted Weighted Average Common Shares Outstanding
BasicAndDilutedWeightedAverageCommonSharesOutstanding
84795246 shares
AMMJ Basic And Diluted Weighted Average Common Shares Outstanding
BasicAndDilutedWeightedAverageCommonSharesOutstanding
77584074 shares
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
2910180 usd
CY2021Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26935 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-158295 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
2778820 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1654838 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-397650 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1257188 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
1627187 usd
us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
690000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1110477 usd
us-gaap Net Income Loss
NetIncomeLoss
-648844 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
2778820 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2118981 usd
us-gaap Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
46207 usd
AMMJ Stock Based Compensation Third Party Shares
StockBasedCompensationThirdPartyShares
65000 shares
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
117628 usd
us-gaap Net Income Loss
NetIncomeLoss
-1090628 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1257188 usd
us-gaap Net Income Loss
NetIncomeLoss
-1090628 usd
us-gaap Net Income Loss
NetIncomeLoss
-648844 usd
us-gaap Depreciation
Depreciation
113362 usd
us-gaap Depreciation
Depreciation
77810 usd
AMMJ Stockbased Compensation To Employees
StockbasedCompensationToEmployees
65306 usd
AMMJ Stockbased Compensation To Employees
StockbasedCompensationToEmployees
37008 usd
AMMJ Stockbased Compensation To Third Party
StockbasedCompensationToThirdParty
29792 usd
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
324012 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
64930 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
55232 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
30187 usd
AMMJ Right To Use Lease Asset1
RightToUseLeaseAsset1
116191 usd
AMMJ Right To Use Lease Asset1
RightToUseLeaseAsset1
125889 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
211059 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
160608 usd
AMMJ Advances From Clients
AdvancesFromClients
-1279080 usd
AMMJ Advances From Clients
AdvancesFromClients
-197057 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-11463 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
46945 usd
AMMJ Increase Decrease In Litigation Settlement Liability
IncreaseDecreaseInLitigationSettlementLiability
-150000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
116191 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
125889 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
68780 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-649784 usd
us-gaap Property Plant And Equipment Disposals
PropertyPlantAndEquipmentDisposals
105011 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
1100000 usd
us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
10305 usd
us-gaap Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
5943 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-115316 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1429955 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
117629 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
1110477 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
130186 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
550000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-432371 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1240663 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-478907 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-839076 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
670423 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1723132 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
191516 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
884056 usd
AMMJ Stock Based Compensation Third Party
StockBasedCompensationThirdParty
65000 usd
AMMJ Stock Issued For Receivables
StockIssuedForReceivables
690000 usd
AMMJ Stock Issued For Acquisition
StockIssuedForAcquisition
1100000 usd
CY2021Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q3 AMMJ Less Deposits Recognized As Revenue
LessDepositsRecognizedAsRevenue
-4928797 usd
CY2021Q4 AMMJ Less Deposits Recognized As Revenue
LessDepositsRecognizedAsRevenue
-381094 usd
AMMJ Unaudited Interim Financial Statements
UnauditedInterimFinancialStatements
<p id="xdx_846_ecustom--UnauditedInterimFinancialStatements_zo7JWrRvicS5" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span id="xdx_865_z2uHuS93CgS7">Unaudited Interim Financial Statements</span></i></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. GAAP for interim financial information and with the instructions to Form 10-Q and Regulation S-X. Accordingly, the unaudited consolidated financial statements do not include all of the information and footnotes required by generally accepted accounting principles for complete financial statements. In the opinion of management, all adjustments consisting of normal recurring entries necessary for a fair statement of the periods presented for: (a) the financial position; (b) the result of operations; and (c) cash flows, have been made in order to make the financial statements presented not misleading. The results of operations for such interim periods are not necessarily indicative of operations for a full year.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_zRfPECoE7CEc" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_86E_zaakdO3Qovy">Use of Estimates in Financial Reporting</span></i></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">The preparation of unaudited condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the amount of assets and liabilities, and disclosures of contingent assets and liabilities, as of the date of the condensed consolidated financial statements during the periods presented. Actual results could differ from these estimates. Estimates and assumptions are reviewed periodically, and the effects of revisions are reflected in the consolidated financial statements in the period in which they are deemed to be necessary. Significant estimates made in the accompanying consolidated financial statements include but are not limited to following those related to revenue recognition, allowance for doubtful accounts and unbilled services, lives and recoverability of equipment and other long-lived assets, the allocation of the asset purchase price, contingencies, and litigation. The Company is subject to uncertainties, such as the impact of future events, economic, environmental, and political factors, and changes in the business climate; therefore, actual results may differ from those estimates. When no estimate in a given range is deemed to be better than any other when estimating contingent liabilities, the low end of the range is accrued. Accordingly, the accounting estimates used in the preparation of the Company’s consolidated financial statements will change as new events occur, as more experience is acquired, as additional information is obtained and as the Company’s operating environment changes. Changes in estimates are made when circumstances warrant. Such changes and refinements in estimation methodologies are reflected in reported results of operations; if material, the effects of changes in estimates are disclosed in the notes to the unaudited consolidated financial statements.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p>
CY2022Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
69415 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
69415 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
65310 usd
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84C_eus-gaap--ConcentrationRiskCreditRisk_zPFekXCSRvO3" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_866_zfkKHPAZlul1">Significant Clients and Customers</span></i></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">During the nine months ended September 30, 2022, three customers accounted for <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_dp_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--RevenuesMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember_z3S72JfcGnKb" title="Concentrations of credit risk">42.5</span>% of the Company’s total revenues for the period.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">During the nine months ended September 30, 2021, three customers accounted for <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_dp_c20210101__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--RevenuesMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember_zlqaNtYmIJm4" title="Concentrations of credit risk">42.5</span>% of the Company’s total revenues.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"/>
CY2021Q4 us-gaap Goodwill Gross
GoodwillGross
1985113 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
70000 usd
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
us-gaap Advertising Expense
AdvertisingExpense
98414 usd
us-gaap Advertising Expense
AdvertisingExpense
33238 usd
CY2022Q3 AMMJ Advance From Client
AdvanceFromClient
1390972 usd
CY2021Q4 AMMJ Advance From Client
AdvanceFromClient
111892 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
431851 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
28690 usd
AMMJ Sales Return
SalesReturn
0 usd
AMMJ Sales Return
SalesReturn
0 usd
CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
542283 usd
AMMJ Related Party Transactions
RelatedPartyTransactions
<p id="xdx_84A_ecustom--RelatedPartyTransactions_z1huh6XY7Dbc" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_866_z8eKRSlQkeE9">Related Party Transactions</span></i></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">The Company follows FASB ASC subtopic 850-10, <i>Related Party Disclosures,</i> for the identification of related parties and disclosure of related party transactions.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">Pursuant to ASC 850-10-20, related parties include: a) affiliates of the Company; b) entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825–10–15, to be accounted for by the equity method by the investing entity; c) trusts for the benefit of employees, such as pension and profit sharing trusts that are managed by or under the trusteeship of management; d) principal owners of the Company; e) management of the Company; f) other parties with which the Company may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests; and g) other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"/>
CY2022Q3 AMMJ Advance From Clients
AdvanceFromClients
111892 usd
CY2021Q4 AMMJ Advance From Clients
AdvanceFromClients
88843 usd
CY2022Q3 AMMJ Additional Deposits Received
AdditionalDepositsReceived
6207877 usd
CY2021Q4 AMMJ Additional Deposits Received
AdditionalDepositsReceived
404143 usd
AMMJ Impact Of Covid19 Pandemic
ImpactOfCovid19Pandemic
<p id="xdx_845_ecustom--ImpactOfCovid19Pandemic_zCmqHvmHAaXl" style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_86D_zJGO9BBL41p7">Impact of COVID-19 Pandemic</span></i></p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">On March 11, 2020<i>, </i>the World Health Organization declared the current coronavirus (“COVID-<i>19”</i>) outbreak to be a global pandemic. In response to this declaration and the rapid spread of COVID-<i>19</i> within the United States, federal, state and local governments throughout the country have imposed varying degrees of restrictions on social and commercial activity to promote social distancing in an effort to slow the spread of the illness. These measures had a significant adverse impact upon many sectors of the economy, including retail commerce.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">In response to state and local measures and for protection of both employees, the Company made required changes to operations, which did not have a material impact upon operations or the financial condition of the Company.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0">While the state and local governments have eased restrictions on restrictions and activities, it is possible that a resurgence in COVID-<i>19</i> cases could prompt a return to or new tighter restrictions to be instituted in the future. The Company is not aware of any specific event or circumstance that would require an update to its estimates or judgments or a revision of the carrying value of its assets or liabilities as of the date of issuance of these unaudited condensed consolidated financial statements.</p> <p style="font: 10pt/normal Times New Roman, Times, Serif; margin: 0"> </p>
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
686242 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
808160 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
62223 usd
CY2022Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
329341 usd
CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
93856 usd
CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
69415 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
82540 usd
CY2022Q3 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
259926 usd
CY2021Q4 us-gaap Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
11316 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
745937 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
70000 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
0 usd
CY2022Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
68370 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
60900 usd
CY2022Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
239061 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
136266 usd
CY2022Q3 AMMJ Finished Goods Soil
FinishedGoodsSoil
42101 usd
CY2021Q4 AMMJ Finished Goods Soil
FinishedGoodsSoil
58594 usd
CY2022Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2962 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
22848 usd
CY2022Q3 AMMJ Total Inventory
TotalInventory
352494 usd
CY2021Q4 AMMJ Total Inventory
TotalInventory
278608 usd
CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
99382 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
56019 usd
CY2022Q3 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
442901 usd
CY2021Q4 us-gaap Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
375832 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
818462 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
132221 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
46666 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
93333 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
93333 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
93333 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
53333 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
311113 usd
CY2022Q3 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
691111 usd
CY2022Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
39106 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
74137 usd
CY2022Q3 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
14335 usd
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
18428 usd
CY2022Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
4959 usd
CY2021Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
592 usd
CY2022Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
35685 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
68561 usd
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
94085 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
161718 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
40709 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
143429 usd
CY2022Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
184138 usd
CY2022Q3 AMMJ Less Amount Representing Interest
LessAmountRepresentingInterest
-57928 usd
CY2022Q3 AMMJ Present Value Of Future Minimum Lease Payments
PresentValueOfFutureMinimumLeasePayments
126210 usd
CY2022Q3 AMMJ Less Current Obligations Under Leases
LessCurrentObligationsUnderLeases
40709 usd
CY2022Q3 AMMJ Longterm Lease Obligations
LongtermLeaseObligations
85501 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Next Rolling Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextRollingTwelveMonths
62384 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Two
LessorOperatingLeasePaymentsToBeReceivedRollingYearTwo
77200 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Three
LessorOperatingLeasePaymentsToBeReceivedRollingYearThree
49300 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Four
LessorOperatingLeasePaymentsToBeReceivedRollingYearFour
51400 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received Rolling Year Five
LessorOperatingLeasePaymentsToBeReceivedRollingYearFive
53500 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received After Rolling Year Five
LessorOperatingLeasePaymentsToBeReceivedAfterRollingYearFive
36600 usd
CY2022Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
330384 usd

Files In Submission

Name View Source Status
0001903596-22-000846-index-headers.html Edgar Link pending
0001903596-22-000846-index.html Edgar Link pending
0001903596-22-000846.txt Edgar Link pending
0001903596-22-000846-xbrl.zip Edgar Link pending
american_10q.htm Edgar Link pending
american_10qex31.htm Edgar Link pending
american_10qex32.htm Edgar Link pending
ammj-20220930.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
ammj-20220930_pre.xml Edgar Link unprocessable
ammj-20220930_def.xml Edgar Link unprocessable
ammj-20220930_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
american_10q_htm.xml Edgar Link completed
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
ammj-20220930_lab.xml Edgar Link unprocessable