2024 Q2 Form 10-Q Financial Statement
#000149315224019106 Filed on May 14, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | $1.363M | $1.471M | $97.34K |
YoY Change | 299.22% | 1411.03% | |
Cost Of Revenue | $1.214M | $1.183M | $71.16K |
YoY Change | 297.19% | 1563.05% | |
Gross Profit | $148.8K | $283.6K | $26.18K |
YoY Change | 298.16% | 983.22% | |
Gross Profit Margin | 10.91% | 19.28% | 26.9% |
Selling, General & Admin | $975.2K | $1.309M | $576.9K |
YoY Change | 32.59% | 126.87% | |
% of Gross Profit | 655.54% | 461.48% | 2203.4% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $56.33K | $56.34K | $55.82K |
YoY Change | 1.03% | 0.92% | |
% of Gross Profit | 37.87% | 19.87% | 213.22% |
Operating Expenses | $975.2K | $1.309M | $632.7K |
YoY Change | 23.25% | 106.85% | |
Operating Profit | -$826.4K | -$1.025M | -$606.5K |
YoY Change | 9.62% | 69.02% | |
Interest Expense | -$116.1K | $28.74K | -$170.6K |
YoY Change | -152.19% | -116.85% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$116.1K | -$25.87K | -$170.6K |
YoY Change | -47.12% | -84.84% | |
Pretax Income | -$942.6K | -$1.051M | -$777.1K |
YoY Change | -3.18% | 35.24% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$942.6K | -$1.051M | -$777.1K |
YoY Change | -3.18% | 35.24% | |
Net Earnings / Revenue | -69.15% | -71.45% | -798.33% |
Basic Earnings Per Share | -$0.22 | -$0.26 | -$0.26 |
Diluted Earnings Per Share | -$0.22 | -$0.26 | -$0.20 |
COMMON SHARES | |||
Basic Shares Outstanding | 4.253M shares | 4.044M shares | 3.002M shares |
Diluted Shares Outstanding | 4.268M shares | 4.109M shares | 3.002M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $936.1K | $251.7K | $200.2K |
YoY Change | -41.08% | 25.72% | |
Cash & Equivalents | $936.1K | $0.00 | $436.0K |
Short-Term Investments | |||
Other Short-Term Assets | $120.1K | $79.54K | $1.315M |
YoY Change | -83.22% | -93.95% | |
Inventory | $274.0K | $118.1K | $257.9K |
Prepaid Expenses | |||
Receivables | $389.5K | $500.0K | $89.26K |
Other Receivables | $25.19K | $22.38K | $14.24K |
Total Short-Term Assets | $2.586M | $1.269M | $1.877M |
YoY Change | -26.38% | -32.37% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.379M | $908.7K | $966.5K |
YoY Change | 49.72% | -5.98% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $275.0K | $235.8K | |
YoY Change | |||
Total Long-Term Assets | $4.069M | $1.422M | $1.587M |
YoY Change | 177.06% | -10.38% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.586M | $1.269M | $1.877M |
Total Long-Term Assets | $4.069M | $1.422M | $1.587M |
Total Assets | $6.655M | $2.691M | $3.464M |
YoY Change | 33.61% | -22.29% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.078M | $409.1K | $464.0K |
YoY Change | 350.56% | -11.82% | |
Accrued Expenses | $73.91K | $78.10K | $788.3K |
YoY Change | -29.77% | -90.09% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $66.44K |
YoY Change | -100.0% | -100.0% | |
Long-Term Debt Due | $119.4K | $382.6K | $7.977M |
YoY Change | -51.69% | -95.2% | |
Total Short-Term Liabilities | $1.283M | $869.8K | $9.295M |
YoY Change | 102.22% | -90.64% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.459M | $127.3K | $34.50K |
YoY Change | 863.98% | 268.87% | |
Other Long-Term Liabilities | $1.930M | ||
YoY Change | |||
Total Long-Term Liabilities | $3.389M | $127.3K | $34.50K |
YoY Change | 2138.71% | 268.87% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.283M | $869.8K | $9.295M |
Total Long-Term Liabilities | $3.389M | $127.3K | $34.50K |
Total Liabilities | $4.672M | $997.1K | $9.330M |
YoY Change | 494.57% | -89.31% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$14.80M | -$13.86M | |
YoY Change | 39.2% | ||
Common Stock | $16.79M | $15.52M | |
YoY Change | 13.19% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $1.983M | $1.694M | -$5.866M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.655M | $2.691M | $3.464M |
YoY Change | 33.61% | -22.29% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$942.6K | -$1.051M | -$777.1K |
YoY Change | -3.18% | 35.24% | |
Depreciation, Depletion And Amortization | $56.33K | $56.34K | $55.82K |
YoY Change | 1.03% | 0.92% | |
Cash From Operating Activities | -$853.9K | -$503.6K | -$656.6K |
YoY Change | -60.16% | -23.3% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $526.3K | $50.00K | |
YoY Change | 5111.19% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $9.900K | |
YoY Change | |||
Cash From Investing Activities | -$526.3K | -$40.10K | |
YoY Change | 5111.19% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 2.065M | $137.6K | 544.1K |
YoY Change | -37.55% | -74.71% | |
NET CHANGE | |||
Cash From Operating Activities | -853.9K | -$503.6K | -656.6K |
Cash From Investing Activities | -526.3K | -$40.10K | |
Cash From Financing Activities | 2.065M | $137.6K | 544.1K |
Net Change In Cash | 684.3K | -$406.1K | -112.5K |
YoY Change | -40.64% | 261.03% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$853.9K | -$503.6K | -$656.6K |
Capital Expenditures | $526.3K | $50.00K | |
Free Cash Flow | -$1.380M | -$553.6K | -$656.6K |
YoY Change | -35.9% | -15.69% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
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Increase Decrease In Rightofuse Asset
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Advances On Inventory Purchases
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Amortization Of Debt Discount Premium
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Finance Lease Right Of Use Asset Amortization
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Entity Common Stock Shares Outstanding
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Preferred Stock Par Or Stated Value Per Share
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Preferred Stock Shares Authorized
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Common Stock Par Or Stated Value Per Share
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Common Stock Value
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Additional Paid In Capital Common Stock
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Additional Paid In Capital Common Stock
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Subscriptions Payable Shares
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|
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|
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Gross Profit
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General And Administrative Expense
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General And Administrative Expense
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|
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Salaries Wages And Officers Compensation
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|
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Salaries Wages And Officers Compensation
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Professional Fees
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Investment Income Interest
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Interest Expense
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Nonoperating Income Expense
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Net Income Loss
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|
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Weighted Average Number Of Shares Outstanding Basic
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
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Weighted Average Number Of Shares Outstanding Basic
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|
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|
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Earnings Per Share Basic
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|
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StockholdersEquity
|
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Stock Issued During Period Value Issued For Services
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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Stockholders Equity
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149594 | usd |
CY2024Q1 | BOF |
Issuance Of Options And Warrants For Services
IssuanceOfOptionsAndWarrantsForServices
|
376384 | usd |
CY2023Q1 | BOF |
Issuance Of Options And Warrants For Services
IssuanceOfOptionsAndWarrantsForServices
|
50446 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-135573 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
11026 | usd |
CY2024Q1 | BOF |
Increase Decrease In Advances On Inventory Purchases
IncreaseDecreaseInAdvancesOnInventoryPurchases
|
319974 | usd |
CY2023Q1 | BOF |
Increase Decrease In Advances On Inventory Purchases
IncreaseDecreaseInAdvancesOnInventoryPurchases
|
118082 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-218740 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-49447 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
31437 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
189573 | usd |
CY2024Q1 | BOF |
Increase Decrease In Rightofuse Asset
IncreaseDecreaseInRightofuseAsset
|
-8454 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
14194 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
|
168148 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
12000 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
15750 | usd |
CY2024Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-87141 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
99567 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-503578 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-656593 | usd |
CY2024Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
50000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
9900 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-40100 | usd |
CY2023Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
98298 | usd |
CY2023Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
25000 | usd |
CY2023Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
442500 | usd |
CY2023Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
200000 | usd |
CY2024Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
200000 | usd |
CY2024Q1 | BOF |
Proceeds From Notes Payable Related Party
ProceedsFromNotesPayableRelatedParty
|
345000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
25097 | usd |
CY2024Q1 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
7411 | usd |
CY2024Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
137589 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
544105 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-406089 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-112488 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
657789 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
548447 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
251700 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
435959 | usd |
CY2024Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
14617 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
39593 | usd |
CY2024Q1 | BOF |
Relative Fair Value Of Warrants Issued As Debt Discount
RelativeFairValueOfWarrantsIssuedAsDebtDiscount
|
8861 | usd |
CY2024Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_843_eus-gaap--UseOfEstimates_zCQp1dSPuz42" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86D_zIAFQUM8WOu9">Use of Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that may 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 these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>BRANCHOUT FOOD INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTES TO THE CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(Unaudited)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_847_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zOZhrkaMUtR6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86A_zbXib7z6Cfib">Reclassifications</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain reclassifications have been made to the prior years’ financial statements to conform to current year presentation. These reclassifications had no effect on previously reported results of operations or retained earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-13861508 | usd |
CY2024Q1 | BOF |
Working Capital
WorkingCapital
|
-399444 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2210476 | usd |
CY2024Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
0 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
0 | usd |
CY2024Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q1 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
1700 | usd |
CY2023Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
407789 | usd |
CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2024Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
15717 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
13734 | usd |
CY2024Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
102348 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
323071 | usd |
CY2024Q1 | us-gaap |
Inventory Net
InventoryNet
|
118065 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
336805 | usd |
CY2024Q1 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
319974 | usd |
CY2024Q1 | BOF |
Advances Of Estimated Finish Product Costs Percentage
AdvancesOfEstimatedFinishProductCostsPercentage
|
0.70 | pure |
CY2024Q1 | BOF |
Remaining Advances Of Estimated Finish Product Costs Percentage
RemainingAdvancesOfEstimatedFinishProductCostsPercentage
|
0.30 | pure |
CY2024Q1 | us-gaap |
Revenues
Revenues
|
1470836 | usd |
CY2023Q1 | us-gaap |
Revenues
Revenues
|
110579 | usd |
CY2024Q1 | BOF |
Slotting Discounts And Allowances
SlottingDiscountsAndAllowances
|
3820 | usd |
CY2023Q1 | BOF |
Slotting Discounts And Allowances
SlottingDiscountsAndAllowances
|
13239 | usd |
CY2024Q1 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
1467016 | usd |
CY2023Q1 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
97340 | usd |
CY2024Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
598 | usd |
CY2023Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
88485 | usd |
CY2024Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
63861 | usd |
CY2024Q1 | BOF |
Relative Fair Value Of Warrants Issued As Debt Discount
RelativeFairValueOfWarrantsIssuedAsDebtDiscount
|
8861 | usd |
CY2024Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
14666 | usd |
CY2024Q1 | us-gaap |
Advertising Expense
AdvertisingExpense
|
57059 | usd |
CY2023Q1 | us-gaap |
Advertising Expense
AdvertisingExpense
|
36669 | usd |
CY2024Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
525978 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
50446 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
49195 | usd |
CY2024Q1 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
2087 | usd |
CY2023Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
2403 | usd |
CY2024Q1 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
8523 | usd |
CY2023Q4 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
20106 | usd |
CY2024Q1 | BOF |
Prepaid Professional Fees
PrepaidProfessionalFees
|
46540 | usd |
CY2023Q4 | BOF |
Prepaid Professional Fees
PrepaidProfessionalFees
|
6056 | usd |
CY2024Q1 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
22387 | usd |
CY2023Q4 | us-gaap |
Interest Receivable Current
InterestReceivableCurrent
|
19535 | usd |
CY2024Q1 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
79537 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
48100 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1283334 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1233334 | usd |
CY2024Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
374671 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
318335 | usd |
CY2024Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
908663 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
914999 | usd |
CY2024Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
56336 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
55823 | usd |
CY2024Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
49195 | usd |
CY2023Q1 | us-gaap |
Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
|
80761 | usd |
CY2024Q1 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
598 | usd |
CY2023Q1 | us-gaap |
Interest Expense Long Term Debt
InterestExpenseLongTermDebt
|
84739 | usd |
CY2023Q1 | us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
4946 | usd |
CY2023Q1 | us-gaap |
Proceeds From Securitizations Of Credit Cards
ProceedsFromSecuritizationsOfCreditCards
|
807 | usd |
CY2024Q1 | us-gaap |
Interest Expense
InterestExpense
|
28744 | usd |
CY2023Q1 | us-gaap |
Interest Expense
InterestExpense
|
173445 | usd |
CY2024Q1 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
38371 | usd |
CY2023Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
43376 | usd |
CY2024Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
2038 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
2577 | usd |
CY2024Q1 | BOF |
Accrued Chargebacks
AccruedChargebacks
|
37694 | usd |
CY2023Q4 | BOF |
Accrued Chargebacks
AccruedChargebacks
|
119291 | usd |
CY2024Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
78103 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
165244 | usd |
CY2024Q1 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
34500 | usd |
CY2023Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
34500 | usd |
CY2024Q1 | us-gaap |
Notes Payable
NotesPayable
|
34500 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
234500 | usd |
CY2024Q1 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
34500 | usd |
CY2023Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
34500 | usd |
CY2024Q1 | us-gaap |
Lease Cost
LeaseCost
|
168141 | usd |
CY2024Q1 | us-gaap |
Share Price
SharePrice
|
1.00 | |
CY2024Q1 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2027-08-31 | |
CY2023Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
3657 | usd |
CY2024Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
8454 | usd |
CY2024Q1 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
3561 | usd |
CY2024Q1 | BOF |
Finance Lease Cost
FinanceLeaseCost
|
12015 | usd |
CY2024Q1 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
138774 | usd |
CY2023Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
147228 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
31758 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
30901 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
92761 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
101029 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
124519 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
131930 | usd |
CY2024Q1 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y1M13D | |
CY2024Q1 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.1100 | pure |
CY2024Q1 | BOF |
Repayment Of Finance Lease Liability
RepaymentOfFinanceLeaseLiability
|
7411 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
32914 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
43886 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
43886 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
29258 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
149944 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
25425 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
124519 | usd |
CY2024Q1 | BOF |
Finance Lease Periodic Payment
FinanceLeasePeriodicPayment
|
3657 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
100000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
250000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
250000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
250000 | usd |
CY2024Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
850000 | usd |
CY2024Q1 | us-gaap |
Other Commitment
OtherCommitment
|
250000 | usd |
CY2023Q3 | us-gaap |
Deposits
Deposits
|
50000 | usd |
CY2023Q4 | us-gaap |
Deposits
Deposits
|
50000 | usd |
CY2024Q1 | us-gaap |
Deposits
Deposits
|
50000 | usd |
CY2023Q3 | us-gaap |
Deposits
Deposits
|
50000 | usd |
CY2023Q4 | us-gaap |
Deposits
Deposits
|
50000 | usd |
CY2024Q1 | us-gaap |
Deposits
Deposits
|
50000 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
8000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
80000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4121346 | shares |
CY2024Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |