2024 Q4 Form 10-K Financial Statement
#000121390024086614 Filed on October 09, 2024
Income Statement
Concept | 2024 Q4 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $177.0K | $243.4K | |
YoY Change | 390.47% | 30.93% | |
Cost Of Revenue | $200.0K | $200.0K | |
YoY Change | 630.07% | 163.65% | |
Gross Profit | -$23.08K | $43.40K | |
YoY Change | -365.9% | -60.57% | |
Gross Profit Margin | -13.04% | 17.83% | |
Selling, General & Admin | $127.1K | $990.0K | |
YoY Change | -86.8% | -43.68% | |
% of Gross Profit | 2281.32% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $127.1K | $990.0K | |
YoY Change | -86.8% | -43.68% | |
Operating Profit | -$150.2K | -$946.6K | |
YoY Change | -84.26% | -40.84% | |
Interest Expense | -$1.953M | -$2.802M | |
YoY Change | -28.07% | -402.28% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$2.802M | ||
YoY Change | -4.44% | ||
Pretax Income | -$2.103M | -$3.749M | |
YoY Change | -42.68% | -18.15% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$2.103M | -$3.749M | |
YoY Change | -42.68% | -18.5% | |
Net Earnings / Revenue | -1188.65% | -1540.03% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.11 | ||
COMMON SHARES | |||
Basic Shares Outstanding | 136.5M shares | 40.76M shares | 18.98M shares |
Diluted Shares Outstanding | 18.98M shares |
Balance Sheet
Concept | 2024 Q4 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.310K | ||
YoY Change | -96.22% | ||
Cash & Equivalents | $6.308K | ||
Short-Term Investments | |||
Other Short-Term Assets | $1.840K | ||
YoY Change | 113.95% | ||
Inventory | |||
Prepaid Expenses | |||
Receivables | $18.17K | ||
Other Receivables | $0.00 | ||
Total Short-Term Assets | $26.32K | ||
YoY Change | -85.66% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | ||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $26.32K | ||
Total Long-Term Assets | $0.00 | ||
Total Assets | $26.32K | ||
YoY Change | -85.66% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.145M | ||
YoY Change | 40.74% | ||
Accrued Expenses | $213.7K | ||
YoY Change | -41.71% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $470.1K | ||
YoY Change | -29.79% | ||
Long-Term Debt Due | $254.5K | ||
YoY Change | -16.15% | ||
Total Short-Term Liabilities | $4.472M | ||
YoY Change | -23.16% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $193.2K | ||
YoY Change | -25.83% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $193.2K | ||
YoY Change | -25.83% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.472M | ||
Total Long-Term Liabilities | $193.2K | ||
Total Liabilities | $4.665M | ||
YoY Change | -23.28% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$12.99M | ||
YoY Change | 40.56% | ||
Common Stock | $535.00 | ||
YoY Change | -99.8% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $773.5K | ||
YoY Change | 0.0% | ||
Treasury Stock Shares | |||
Shareholders Equity | -$4.639M | ||
YoY Change | |||
Total Liabilities & Shareholders Equity | $26.32K | ||
YoY Change | -85.66% |
Cashflow Statement
Concept | 2024 Q4 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.103M | -$3.749M | |
YoY Change | -42.68% | -18.5% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$4.396M | -$4.531M | |
YoY Change | 2152.78% | 633.66% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Cash From Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.277M | ||
YoY Change | 2085.53% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.398M | $4.370M | |
YoY Change | 1556.52% | 458.72% | |
NET CHANGE | |||
Cash From Operating Activities | -4.396M | -$4.531M | |
Cash From Investing Activities | 0.000 | ||
Cash From Financing Activities | 4.398M | $4.370M | |
Net Change In Cash | 2.440K | -$160.8K | |
YoY Change | -96.61% | -196.45% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.396M | -$4.531M | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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2023-12-31 | |
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BOWMO, INC. | |
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99 Wall Street | |
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Suite 891 | |
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NY | |
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common stock, par value $0.0001 per share | |
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Olayinka Oyebola | |
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CY2023 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1428941 | usd |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
257500 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4369780 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
782100 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-160795 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
166718 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
167103 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
385 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6308 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
167103 | usd |
CY2023 | bomo |
Common Stock Issued For Extinguishment Of Debt And Accrued Interest
CommonStockIssuedForExtinguishmentOfDebtAndAccruedInterest
|
279002 | usd |
CY2022 | bomo |
Common Stock Issued For Extinguishment Of Debt And Accrued Interest
CommonStockIssuedForExtinguishmentOfDebtAndAccruedInterest
|
1905322 | usd |
CY2022 | bomo |
Tangible Assets Acquired In Merger
TangibleAssetsAcquiredInMerger
|
3082419 | usd |
CY2022 | bomo |
Equity Acquired In Merger Net Of Cancellation Of Shares
EquityAcquiredInMergerNetOfCancellationOfShares
|
3063589 | usd |
CY2022 | bomo |
Debt Discount Associated With Issuance Of Warrants And Derivative Liabilities
DebtDiscountAssociatedWithIssuanceOfWarrantsAndDerivativeLiabilities
|
734853 | usd |
CY2023 | bomo |
Put Premium On Stock Settled Debt Extinguishment
PutPremiumOnStockSettledDebtExtinguishment
|
205684 | usd |
CY2022 | bomo |
Put Premium On Stock Settled Debt Extinguishment
PutPremiumOnStockSettledDebtExtinguishment
|
241454 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
1000 | usd |
CY2022 | bomo |
Accrual For Shares To Be Issued For Acquisition Of Interview Mastery
AccrualForSharesToBeIssuedForAcquisitionOfInterviewMastery
|
200000 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><span style="text-decoration:underline">NOTE 1 – BACKGROUND</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"><span style="text-decoration:underline">Reverse Merger and Corporate Restructure</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i> </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On May 4, 2022, Cruzani, Inc. (“Cruzani” or the “Predecessor”) entered into a merger agreement (the “Merger Agreement”) with Bowmo, Inc. (“Bowmo”) and Bowmo Merger Sub, Inc. to acquire Bowmo. (the “Acquisition”). The transactions contemplated by the Merger Agreement were consummated on May 4, 2022, and pursuant to the terms of the Merger Agreement, all outstanding shares of Bowmo were exchanged for shares of Cruzani’s common stock and Bowmo became Cruzani’s wholly owned subsidiary.</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">The merger was effected pursuant to the Merger Agreement. The merger is being accounted for as a reverse merger whereby Bowmo is the acquirer for accounting purposes. Bowmo is considered the acquiring company for accounting purposes as upon completion of the Merger, Bowmo’s former stockholders held a majority of the voting interest of the combined company.</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">Pursuant to the merger, the Company issued Series G Preferred Stock holding the voting rights to 78% of the total voting equity securities to Bowmo’s stockholders. Upon completion of the acquisition, Bowmo is treated as the surviving entity and accounting acquirer although Cruzani was the legal acquirer. Accordingly, the historical financial statements are those of Bowmo.</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"><span style="text-decoration:underline">Accounting for Reverse Merger</span></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">The fair value of Cruzani assets acquired and liabilities assumed was based upon management’s estimates.</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">The following table summarizes the allocation of purchase price of the acquisition: </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td style="padding-left: 0.125in; text-indent: -0.125in; padding-bottom: 1.5pt; font-weight: bold; font-style: italic">Tangible Assets Acquired:</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">Allocation</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; width: 88%; text-align: left">Cash and cash equivalents</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">517</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Accounts payable</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(326,400</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Accrued interest</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(1,197,027</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Accrued officer compensation</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(453,333</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Convertible Notes</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(620,933</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Put premium on stock settled debt</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(230,743</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left; padding-bottom: 1.5pt">Loans payable</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(254,500</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Net Tangible Assets Acquired</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">(3,082,419</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; font-style: italic; text-align: left">Equity Acquired:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series A Preferred stock, 3,500,000 shares authorized, par value $0.01; 3,381,520 shares issued and outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(33,815</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series B Preferred stock, 10,000 shares authorized, par value $0.01; 5,000 shares issued and outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(50</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series C Preferred stock, 10,000,000 shares authorized, par value $0.01; 5,000,000 shares issued and outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(50,000</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series D Preferred stock, 125,000 shares authorized, par value $0.0001; 125,000 shares issued and outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(12</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series E Preferred stock to be issued</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(166,331</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series F Preferred stock, 101 shares authorized, par value $0.0001; 101 shares issued and outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-149">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Common stock 20,000,000,000 shares authorized, $0.00001 par value; 8,955,014,498 shares issued and outstanding</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(89,550</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Treasury stock, at cost – 2,917 shares</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">773,500</td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Additional paid in capital</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">(2,648,676</td><td style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 0.125in; text-indent: -0.125in; font-style: italic">Consideration:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 0.125in; text-indent: -0.125in; text-align: left">Series G Preferred Stock holding the voting rights to 78% of the total voting equity securities to Bowmo’s stockholders</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">1,000</td><td style="text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Organization and Business</span></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">Bowmo, Inc. (FKA Cruzani, Inc.) (the “Company”) is an AI-powered recruiting platform. The Company’s principal lines of business are direct placement of candidates with employers and Recruiting as a Service which allows the Company’s customers to outsource the management of their recruiting process to the Company. The Company offers recruiting software and services through an online AI-driven platform to connect potential candidates to employers for all businesses looking to address hiring needs. The Company was incorporated as a Delaware corporation in 2016.</p> | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3748952 | usd |
CY2023 | bomo |
Interest Expense And Derivative Liabilities
InterestExpenseAndDerivativeLiabilities
|
947000 | usd |
CY2023Q4 | bomo |
Working Capital Deficit
WorkingCapitalDeficit
|
3750722 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-12992877 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, 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. Significant estimates include the fair value of the Company’s stock, stock-based compensation, fair values relating to derivative liabilities, debt discounts and the valuation allowance related to deferred tax assets. Actual results may differ from these estimates.</p> | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6308 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
167103 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
243434 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
185923 | usd |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Concentrations of credit risk</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments which potentially subject the Company to credit risks consist primarily of cash and cash equivalents, and accounts receivable. Cash and cash equivalents are held in United States financial institutions. At times such amounts may exceed federally insured limits.</p> | |
CY2023 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
27856 | usd |
CY2023 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
58092 | usd |
CY2022 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
198982 | usd |
CY2021 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
216367 | usd |
CY2022 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-4595717 | usd |
CY2021 | us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-287779 | usd |
CY2021 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
|
-0.02 | |
CY2021 | us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-0.02 | |
CY2023Q4 | us-gaap |
Loans Payable
LoansPayable
|
254500 | usd |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
564000 | usd |
CY2023Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
646679 | usd |
CY2022Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
1197681 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
206570 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
528100 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
440109 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
669581 | usd |
CY2021Q4 | us-gaap |
Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
|
0.10 | pure |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
331600 | usd |
CY2021Q4 | us-gaap |
Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
|
0.10 | pure |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
11000 | usd |
CY2023Q4 | us-gaap |
Other Short Term Borrowings
OtherShortTermBorrowings
|
145551 | usd |
CY2022 | bomo |
Gain On New Methodology For Accounting For Debt Conversion Features
GainOnNewMethodologyForAccountingForDebtConversionFeatures
|
27856 | usd |
CY2021Q4 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
110992 | usd |
CY2022 | bomo |
Change Due To Issuances
ChangeDueToIssuances
|
-2718645 | usd |
CY2022 | bomo |
Derivative Liability Transfer To Put Premium
DerivativeLiabilityTransferToPutPremium
|
-112537 | usd |
CY2022 | bomo |
Derivative Gain Loss On Derivative Fair Value
DerivativeGainLossOnDerivativeFairValue
|
-544850 | usd |
CY2022Q4 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
2172250 | usd |
CY2023 | bomo |
Change Due To Issuances
ChangeDueToIssuances
|
4035300 | usd |
CY2023 | bomo |
Derivative Liability Transfer To Put Premium
DerivativeLiabilityTransferToPutPremium
|
651156 | usd |
CY2023 | bomo |
Derivative Gain Loss On Derivative Fair Value
DerivativeGainLossOnDerivativeFairValue
|
1645712 | usd |
CY2023Q4 | us-gaap |
Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
|
433818 | usd |
CY2023 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
38771 | usd |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
30842 | usd |
CY2022Q4 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
4167 | usd |
CY2023Q4 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
150000 | usd |
CY2023Q4 | us-gaap |
Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
|
50000 | usd |
CY2023 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
197370 | usd |
CY2019Q3 | us-gaap |
Salaries And Wages
SalariesAndWages
|
10000 | usd |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
120000 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
40000000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022 | bomo |
Stock Issued During Period Extinguishment Of Convertible Debt
StockIssuedDuringPeriodExtinguishmentOfConvertibleDebt
|
18094721962 | usd |
CY2023 | bomo |
Stock Issued During Period Extinguishment Of Convertible Debt
StockIssuedDuringPeriodExtinguishmentOfConvertibleDebt
|
6364768689 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
53520830 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
27049736 | shares |
CY2023 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1,000 to 1 | |
CY2023 | bomo |
Stock Issued During Period Shares Post Reverse Split
StockIssuedDuringPeriodSharesPostReverseSplit
|
250000 | shares |
CY2022 | bomo |
Stock Issued During Period Shares Post Reverse Split
StockIssuedDuringPeriodSharesPostReverseSplit
|
250000 | shares |
CY2022 | bomo |
Class Of Warrants Or Rights Warrants Issued During Period
ClassOfWarrantsOrRightsWarrantsIssuedDuringPeriod
|
5616000000 | shares |
CY2022 | bomo |
Warrant To Purchase Common Shares
WarrantToPurchaseCommonShares
|
5616000000 | shares |
CY2023 | bomo |
Additional Warrants To Purchase
AdditionalWarrantsToPurchase
|
7500000 | shares |
CY2023 | bomo |
Fair Value Of Warrants
FairValueOfWarrants
|
596927 | usd |
CY2023 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
0.00025 | |
CY2023 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
|
0.0025 | |
CY2023Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
13116000000000 | shares |
CY2023 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P6Y7M6D | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.0001 | |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
500 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
50 | |
CY2023 | bomo |
Increased Decrease Indebtedness
IncreasedDecreaseIndebtedness
|
1200000 | usd |
CY2017Q1 | us-gaap |
Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
|
27084 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
12992877 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
9243925 | usd |
CY2023 | bomo |
Percentage Of Annual Utilization Of Current Year Income Percentage
PercentageOfAnnualUtilizationOfCurrentYearIncomePercentage
|
0.80 | pure |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3361000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2923000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
517618 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
|
245000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
192697 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
193000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
4071315 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
3361000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4071315 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3361000 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.1529 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.1529 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.025 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
|
0.025 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.3879 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.3879 | pure |
CY2023 | bomo |
Percentage Of Minimum Change In Ownership
PercentageOfMinimumChangeInOwnership
|
0.50 | pure |
CY2020Q1 | bomo |
Coronavirus Aid Relief And Economic Security Act Relief Package Amount
CoronavirusAidReliefAndEconomicSecurityActReliefPackageAmount
|
2000000000000 | usd |
CY2020Q1 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
91035 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
710315 | usd |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1777000 | usd |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2023 | bomo |
Gain On New Methodology For Accounting For Debt Conversion Features
GainOnNewMethodologyForAccountingForDebtConversionFeatures
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
||
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
||
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
||
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
||
CY2023 | bomo |
Reconciliation Of Debt Balances
ReconciliationOfDebtBalances
|
usd | |
CY2023 | bomo |
Loss On Acquisition Related Party
LossOnAcquisitionRelatedParty
|
usd | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2023 | bomo |
Gain On New Methodology For Accounting For Debt Conversion Features
GainOnNewMethodologyForAccountingForDebtConversionFeatures
|
usd | |
CY2023 | bomo |
Forgiveness Of Note Payable Ppp Note
ForgivenessOfNotePayablePPPNote
|
usd | |
CY2022 | bomo |
Forgiveness Of Note Payable Ppp Note
ForgivenessOfNotePayablePPPNote
|
usd | |
CY2023 | bomo |
Grant Income
GrantIncome
|
usd | |
CY2022 | bomo |
Grant Income
GrantIncome
|
usd | |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
usd | |
CY2023 | bomo |
Cash Acquired In Reverse Merger
CashAcquiredInReverseMerger
|
usd | |
CY2023 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
usd | |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | |
CY2023 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
usd | |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2022 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
usd | |
CY2023 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
usd | |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2023 | bomo |
Tangible Assets Acquired In Merger
TangibleAssetsAcquiredInMerger
|
usd | |
CY2023 | bomo |
Equity Acquired In Merger Net Of Cancellation Of Shares
EquityAcquiredInMergerNetOfCancellationOfShares
|
usd | |
CY2023 | bomo |
Debt Discount Associated With Issuance Of Warrants And Derivative Liabilities
DebtDiscountAssociatedWithIssuanceOfWarrantsAndDerivativeLiabilities
|
usd | |
CY2023 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2023 | bomo |
Accrual For Shares To Be Issued For Acquisition Of Interview Mastery
AccrualForSharesToBeIssuedForAcquisitionOfInterviewMastery
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2023 | bomo |
Gain On New Methodology For Accounting For Debt Conversion Features
GainOnNewMethodologyForAccountingForDebtConversionFeatures
|
usd | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
pure | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001381871 | |
CY2023 | dei |
No Trading Symbol Flag
NoTradingSymbolFlag
|
true |