2022 Q4 Form 10-Q Financial Statement
#000190359622000846 Filed on November 21, 2022
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% |
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|
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 |