2024 Q2 Form 10-K Financial Statement

#000168316824002470 Filed on April 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $14.81M $20.03M $67.35M
YoY Change -16.88% -8.94% 206.22%
Cost Of Revenue $12.46M $19.61M $66.15M
YoY Change -28.07% 128.24% 179.56%
Gross Profit $2.356M $415.0K $1.204M
YoY Change 370.26% -159.54% -172.23%
Gross Profit Margin 15.91% 2.07% 1.79%
Selling, General & Admin $300.0K
YoY Change 50.0%
% of Gross Profit 24.92%
Research & Development $2.300M
YoY Change 91.67%
% of Gross Profit 191.03%
Depreciation & Amortization $700.0K $812.0K $1.862M
YoY Change 94.99% 146.06% 365.5%
% of Gross Profit 29.71% 195.66% 154.65%
Operating Expenses $7.147M $5.540M $17.47M
YoY Change 76.82% -22.15% -3.24%
Operating Profit -$4.791M -$5.125M -$16.26M
YoY Change 35.3% -34.4% -17.52%
Interest Expense $24.00K $94.00K $249.0K
YoY Change 1100.0% 4600.0% 24800.0%
% of Operating Profit
Other Income/Expense, Net -$125.0K -$40.00K -$36.00K
YoY Change -643.48% -200.0%
Pretax Income -$4.916M -$5.071M -$16.05M
YoY Change 39.74% -35.08% -18.46%
Income Tax $0.00 -$1.000K $12.00K
% Of Pretax Income
Net Earnings -$4.916M -$5.070M -$16.06M
YoY Change 39.26% -35.1% -18.4%
Net Earnings / Revenue -33.19% -25.31% -23.84%
Basic Earnings Per Share -$0.34 -$1.30
Diluted Earnings Per Share -$0.34 -$0.67 -$1.30
COMMON SHARES
Basic Shares Outstanding 14.44B shares 14.23M shares 12.35M shares
Diluted Shares Outstanding 14.53M shares 12.35M shares

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.749M $10.39M $10.39M
YoY Change -63.06% 518.26% 518.26%
Cash & Equivalents $8.749M $10.39M
Short-Term Investments
Other Short-Term Assets $2.006M $2.337M $2.337M
YoY Change -28.99% 48.01% 48.01%
Inventory $12.84M $11.93M $11.93M
Prepaid Expenses
Receivables $12.68M $15.94M $15.94M
Other Receivables $0.00 $116.0K $116.0K
Total Short-Term Assets $36.27M $40.72M $40.72M
YoY Change -26.36% 104.27% 104.27%
LONG-TERM ASSETS
Property, Plant & Equipment $14.89M $17.54M $17.54M
YoY Change 643.96% 1033.01% 450.5%
Goodwill $10.12M $10.27M
YoY Change 119.91% 123.26%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $106.0K $62.00K $62.00K
YoY Change 70.97% 0.0% 0.0%
Total Long-Term Assets $35.64M $36.92M $36.92M
YoY Change 103.94% 107.48% 107.48%
TOTAL ASSETS
Total Short-Term Assets $36.27M $40.72M $40.72M
Total Long-Term Assets $35.64M $36.92M $36.92M
Total Assets $71.91M $77.64M $77.64M
YoY Change 7.76% 105.79% 105.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.028M $9.732M $9.732M
YoY Change 11.97% 239.69% 239.69%
Accrued Expenses $4.440M $3.561M $3.561M
YoY Change 25.99% 111.08% 51.66%
Deferred Revenue $918.0K $828.0K
YoY Change 15.33% -30.01%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $45.00K $40.00K $40.00K
YoY Change 21.62%
Total Short-Term Liabilities $20.23M $16.87M $16.87M
YoY Change 66.63% 28.11% 28.11%
LONG-TERM LIABILITIES
Long-Term Debt $246.0K $160.0K $160.0K
YoY Change 35.91%
Other Long-Term Liabilities $3.689M $9.369M $9.369M
YoY Change 248.35% 593.49% 593.49%
Total Long-Term Liabilities $3.689M $9.529M $9.529M
YoY Change 197.5% 605.33% 605.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $20.23M $16.87M $16.87M
Total Long-Term Liabilities $3.689M $9.529M $9.529M
Total Liabilities $28.52M $28.10M $28.10M
YoY Change 113.12% 93.49% 93.49%
SHAREHOLDERS EQUITY
Retained Earnings -$101.3M -$93.36M
YoY Change 19.67% 20.78%
Common Stock $14.00K $14.00K
YoY Change 0.0% 40.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $43.40M $49.54M $49.54M
YoY Change
Total Liabilities & Shareholders Equity $71.91M $77.64M $77.64M
YoY Change 7.76% 105.79% 105.79%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$4.916M -$5.070M -$16.06M
YoY Change 39.26% -35.1% -18.4%
Depreciation, Depletion And Amortization $700.0K $812.0K $1.862M
YoY Change 94.99% 146.06% 365.5%
Cash From Operating Activities $2.929M $463.0K -$13.31M
YoY Change -165.92% -119.37% -26.54%
INVESTING ACTIVITIES
Capital Expenditures $136.0K $177.0K $1.057M
YoY Change -49.82% 5.99% 21.22%
Acquisitions $4.651M
YoY Change
Other Investing Activities $0.00 -$4.651M -$4.651M
YoY Change 473.49%
Cash From Investing Activities -$136.0K -$4.828M -$5.708M
YoY Change -49.82% 2791.02% 215.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $27.72M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.119M -13.00K 27.72M
YoY Change -95.92% -97.06% -8204.39%
NET CHANGE
Cash From Operating Activities 2.929M 463.0K -13.31M
Cash From Investing Activities -136.0K -4.828M -5.708M
Cash From Financing Activities 1.119M -13.00K 27.72M
Net Change In Cash 3.912M -4.378M 8.702M
YoY Change -82.76% 45.98% -142.93%
FREE CASH FLOW
Cash From Operating Activities $2.929M $463.0K -$13.31M
Capital Expenditures $136.0K $177.0K $1.057M
Free Cash Flow $2.793M $286.0K -$14.36M
YoY Change -159.25% -111.18% -24.34%

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0 usd
CY2022 BEEM Share Based Compensation Non Employees
ShareBasedCompensationNonEmployees
27000 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
9452000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
602000 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-918000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
846000 usd
CY2023 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
612000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
0 usd
CY2023 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2584000 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8244000 usd
CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
4829000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1293000 usd
CY2023 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1023000 usd
CY2022 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
919000 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-628000 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
0 usd
CY2023 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
175000 usd
CY2022 us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-24000 usd
CY2023 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-1230000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-24000 usd
CY2023 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
326000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-13307000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-18114000 usd
CY2023 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
4651000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
-0 usd
CY2023 BEEM Working Capital Payment For Acquisition
WorkingCapitalPaymentForAcquisition
-0 usd
CY2022 BEEM Working Capital Payment For Acquisition
WorkingCapitalPaymentForAcquisition
811000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
937000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
872000 usd
CY2023 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
120000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
129000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5708000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1812000 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2107000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2023 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
-0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
499000 usd
CY2023 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
185000 usd
CY2022 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
501000 usd
CY2023 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
-0 usd
CY2022 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
344000 usd
CY2023 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
25425000 usd
CY2022 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
0 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27717000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-342000 usd
CY2023 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10000 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8712000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-20268000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1681000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21949000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10393000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1681000 usd
CY2023 us-gaap Interest Paid Net
InterestPaidNet
12000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
12000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1000 usd
CY2023 BEEM Fair Value Of Common Stock Issued As Consideration For Business Combination
FairValueOfCommonStockIssuedAsConsiderationForBusinessCombination
7051000 usd
CY2022 BEEM Fair Value Of Common Stock Issued As Consideration For Business Combination
FairValueOfCommonStockIssuedAsConsiderationForBusinessCombination
14359000 usd
CY2023 BEEM Purchase Of Property And Equipment By Incurring Current Liabilities
PurchaseOfPropertyAndEquipmentByIncurringCurrentLiabilities
0 usd
CY2022 BEEM Purchase Of Property And Equipment By Incurring Current Liabilities
PurchaseOfPropertyAndEquipmentByIncurringCurrentLiabilities
5000 usd
CY2022 BEEM Depreciation Cost Capitalized Into Inventory
DepreciationCostCapitalizedIntoInventory
245000 usd
CY2023 BEEM Rightofuse Assets Obtained In Exchange For Lease Liabilities
RightofuseAssetsObtainedInExchangeForLeaseLiabilities
0 usd
CY2022 BEEM Rightofuse Assets Obtained In Exchange For Lease Liabilities
RightofuseAssetsObtainedInExchangeForLeaseLiabilities
192000 usd
CY2023 BEEM Issuance Of Stock For Committed Equity Line
IssuanceOfStockForCommittedEquityLine
0 usd
CY2022 BEEM Issuance Of Stock For Committed Equity Line
IssuanceOfStockForCommittedEquityLine
140000 usd
CY2023 BEEM Warrants Issued For Services To Nonemployee
WarrantsIssuedForServicesToNonemployee
1609000 usd
CY2022 BEEM Warrants Issued For Services To Nonemployee
WarrantsIssuedForServicesToNonemployee
0 usd
CY2023 BEEM Shares Issued For Services To Nonemployee
SharesIssuedForServicesToNonemployee
95000 usd
CY2022 BEEM Shares Issued For Services To Nonemployee
SharesIssuedForServicesToNonemployee
0 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_z4vW8koEHf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span id="xdx_860_zQlV7e2qVSh">USE OF ESTIMATES</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates in the accompanying financial statements include the allowance for credit losses (CECL), valuation of inventory and standard cost allocations, depreciable lives of property and equipment, valuation of contingent consideration liability, valuation of intangible assets, estimates of loss contingencies, estimates of the valuation of lease liabilities and the related right of use assets, valuation of share-based costs, and the valuation allowance on deferred tax assets.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.55in"> </p>
CY2023Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
10900000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2023 us-gaap Foreign Currency Transaction Gain Before Tax
ForeignCurrencyTransactionGainBeforeTax
600000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
400000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2023 BEEM Property Plant And Equipment Estimated Useful Lives1
PropertyPlantAndEquipmentEstimatedUsefulLives1
3 to 7 years
CY2023Q4 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P20Y
CY2023Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
100000 usd
CY2023 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
100000 usd
CY2022Q4 us-gaap Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
200000 usd
CY2022 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
100000 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2300000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
1200000 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
300000 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
200000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1306353000 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
990712000 shares
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
16100000 usd
CY2023 us-gaap Other Noncash Expense
OtherNoncashExpense
4300000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19700000 usd
CY2022 us-gaap Other Noncash Expense
OtherNoncashExpense
9100000 usd
CY2023Q4 BEEM Working Capital
WorkingCapital
23800000 usd
CY2023Q2 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
25400000 usd
CY2023 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
75300000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
32300000 usd
CY2023 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
16800000 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
22000000 usd
CY2023 BEEM Business Acquisitions Revenue
BusinessAcquisitionsRevenue
11900000 usd
CY2023 BEEM Business Acquisitions Net Loss
BusinessAcquisitionsNetLoss
5800000 usd
CY2023Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
2253000 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
1049000 usd
CY2023Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
11000 usd
CY2022Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
344000 usd
CY2023Q4 us-gaap Prepaid Insurance
PrepaidInsurance
42000 usd
CY2022Q4 us-gaap Prepaid Insurance
PrepaidInsurance
106000 usd
CY2023Q4 BEEM Related Party Receivable
RelatedPartyReceivable
116000 usd
CY2022Q4 BEEM Related Party Receivable
RelatedPartyReceivable
38000 usd
CY2023Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
31000 usd
CY2022Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
42000 usd
CY2023Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2453000 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
1579000 usd
CY2023Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1953000 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
2814000 usd
CY2023Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
2006000 usd
CY2022Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
1771000 usd
CY2023Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7974000 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
7661000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
11933000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
12246000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
18226000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2377000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1713000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
829000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
16513000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1548000 usd
CY2023 us-gaap Depreciation
Depreciation
900000 usd
CY2022 us-gaap Depreciation
Depreciation
400000 usd
CY2023Q4 BEEM Capitalized Depreciation Costs
CapitalizedDepreciationCosts
200000 usd
CY2022Q4 BEEM Capitalized Depreciation Costs
CapitalizedDepreciationCosts
200000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10950000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1003000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9947000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
11070000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2020000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
9050000 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1000000 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1000000 usd
CY2023Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
246000 usd
CY2022Q4 us-gaap Accrued Vacation Current
AccruedVacationCurrent
190000 usd
CY2023Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1086000 usd
CY2022Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
1220000 usd
CY2023Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
50000 usd
CY2022Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
85000 usd
CY2023Q4 BEEM Accrued Warranty
AccruedWarranty
27000 usd
CY2022Q4 BEEM Accrued Warranty
AccruedWarranty
0 usd
CY2023Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
1328000 usd
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
192000 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2737000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1687000 usd
CY2023Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
1698000 usd
CY2022Q4 us-gaap Deferred Tax And Other Liabilities Noncurrent
DeferredTaxAndOtherLiabilitiesNoncurrent
0 usd
CY2023Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3787000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
0 usd
CY2023Q4 BEEM Total Long Term Liabilities
TotalLongTermLiabilities
5485000 usd
CY2022Q4 BEEM Total Long Term Liabilities
TotalLongTermLiabilities
0 usd
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
200000 usd
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.10 pure
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
800000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
600000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
800000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
800000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1029000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
820000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
364000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
377000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
390000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2980000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
489000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
2491000 usd
CY2023Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
3062500 shares
CY2023Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
9.00
CY2023Q2 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
25400000 usd
CY2023 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
337000 usd
CY2022 us-gaap Other Selling And Marketing Expense
OtherSellingAndMarketingExpense
69000 usd
CY2023 us-gaap Revenues
Revenues
67353000 usd
CY2022 us-gaap Revenues
Revenues
21995000 usd
CY2023Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1200000 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1400000 usd
CY2023 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
400000 usd
CY2022 us-gaap Deferred Income Revenue Recognized
DeferredIncomeRevenueRecognized
100000 usd
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.2777 pure
CY2023 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3370000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4136000 usd
CY2023 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-933000 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-1383000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
14000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-3000 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
48000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
154000 usd
CY2023 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
22000 usd
CY2022 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
0 usd
CY2023 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
70000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
9000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4161000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5361000 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1115000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
701000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
147000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
118000 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
286000 usd
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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400000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Not Subject To Expiration
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0001683168-24-002470.txt Edgar Link pending
0001683168-24-002470-xbrl.zip Edgar Link pending
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beem-20231231.xsd Edgar Link pending
Financial_Report.xlsx Edgar Link pending
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beem-20231231_lab.xml Edgar Link unprocessable