2023 Q1 Form 10-K Financial Statement
#000168316823002125 Filed on April 04, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $5.552K | $8.910K | $42.16K |
YoY Change | -27.93% | -10.9% | -78.77% |
Cost Of Revenue | $700.00 | $590.00 | $0.00 |
YoY Change | -98.03% | -100.0% | |
Gross Profit | $4.850K | $8.320K | $42.16K |
YoY Change | -141.6% | -78.71% | |
Gross Profit Margin | 87.36% | 93.38% | 100.0% |
Selling, General & Admin | $96.12K | $12.38K | $104.8K |
YoY Change | 140.3% | -69.05% | -57.64% |
% of Gross Profit | 1981.86% | 148.8% | 248.58% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $1.480K | $1.480K | $5.930K |
YoY Change | 33.26% | ||
% of Gross Profit | 30.52% | 17.79% | 14.07% |
Operating Expenses | $98.31K | $13.86K | $120.5K |
YoY Change | 118.35% | -65.35% | -66.83% |
Operating Profit | -$92.75K | -$5.540K | -$78.31K |
YoY Change | 148.54% | -90.77% | -52.57% |
Interest Expense | $2.047K | $0.00 | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$455.3K | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Pretax Income | -$548.0K | -$5.540K | -$78.31K |
YoY Change | 1368.51% | -90.77% | -19.16% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$548.0K | -$5.540K | -$78.31K |
YoY Change | 1368.51% | -90.77% | -19.16% |
Net Earnings / Revenue | -9870.91% | -62.18% | -185.74% |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 273.8M shares | 269.7M shares | |
Diluted Shares Outstanding | 275.3M shares | 269.7M shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $680.00 | $680.00 |
YoY Change | -96.6% | -97.21% | |
Cash & Equivalents | $0.00 | $676.00 | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $0.00 | $676.00 | $680.00 |
YoY Change | -97.22% | -97.21% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $42.00K | $21.00K | $21.00K |
YoY Change | -65.0% | -65.0% | |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $77.99K | $58.47K | $58.47K |
YoY Change | -43.45% | -43.45% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $0.00 | $676.00 | $680.00 |
Total Long-Term Assets | $77.99K | $58.47K | $58.47K |
Total Assets | $77.99K | $59.15K | $59.15K |
YoY Change | -53.7% | -53.7% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $22.33K | $19.72K | $19.72K |
YoY Change | 97.2% | 64.33% | |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $4.189K | $4.189K | $45.16K |
YoY Change | 93.67% | 1990.74% | |
Total Short-Term Liabilities | $39.11K | $64.88K | $64.88K |
YoY Change | 358.22% | 358.19% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $195.8K | $195.8K | $195.8K |
YoY Change | -1.02% | -1.03% | |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $195.8K | $195.8K | $195.8K |
YoY Change | -1.02% | -1.03% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $39.11K | $64.88K | $64.88K |
Total Long-Term Liabilities | $195.8K | $195.8K | $195.8K |
Total Liabilities | $234.9K | $260.7K | $260.7K |
YoY Change | 22.97% | 22.97% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.445M | -$2.918M | |
YoY Change | 4.19% | ||
Common Stock | $276.8K | $269.7K | |
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$156.9K | -$201.5K | -$201.5K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $77.99K | $59.15K | $59.15K |
YoY Change | -53.7% | -53.7% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$548.0K | -$5.540K | -$78.31K |
YoY Change | 1368.51% | -90.77% | -19.16% |
Depreciation, Depletion And Amortization | $1.480K | $1.480K | $5.930K |
YoY Change | 33.26% | ||
Cash From Operating Activities | -$566.00 | -$4.360K | -$64.65K |
YoY Change | -97.29% | -93.77% | -45.91% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$110.00 | 3.500K | $40.97K |
YoY Change | -18.06% | ||
NET CHANGE | |||
Cash From Operating Activities | -$566.00 | -4.360K | -$64.65K |
Cash From Investing Activities | $0.00 | 0.000 | $0.00 |
Cash From Financing Activities | -$110.00 | 3.500K | $40.97K |
Net Change In Cash | -$676.00 | -860.0 | -$23.68K |
YoY Change | -96.77% | -98.77% | -65.93% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$566.00 | -$4.360K | -$64.65K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001593184 | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2022 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
CY2022 | dei |
Document Type
DocumentType
|
10-K | |
CY2022 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2022 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-12-31 | |
CY2022 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2022 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2022 | dei |
Entity File Number
EntityFileNumber
|
000-56345 | |
CY2022 | dei |
Entity Registrant Name
EntityRegistrantName
|
FINDIT, INC. | |
CY2022 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
CY2022 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
30-1912453 | |
CY2022 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
5051 Peachtree Corners | |
CY2022 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
#200 | |
CY2022 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Peachtree Corners | |
CY2022 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
GA | |
CY2022 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
30092 | |
CY2022 | dei |
City Area Code
CityAreaCode
|
(843) | |
CY2022 | dei |
Local Phone Number
LocalPhoneNumber
|
532-1759 | |
CY2022 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2022 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2022 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2022 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
No | |
CY2022 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2022 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2022 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2022 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2022Q2 | dei |
Entity Public Float
EntityPublicFloat
|
941159 | usd |
CY2023Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
273750406 | shares |
CY2022 | dei |
Auditor Name
AuditorName
|
BF Borgers CPA PC | |
CY2022 | dei |
Auditor Firm
AuditorFirmId
|
5041 | |
CY2022 | dei |
Auditor Location
AuditorLocation
|
Lakewood, CO | |
CY2022Q4 | us-gaap |
Cash
Cash
|
676 | usd |
CY2021Q4 | us-gaap |
Cash
Cash
|
24358 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
676 | usd |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
24358 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
37473 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
43404 | usd |
CY2022Q4 | us-gaap |
Investments
Investments
|
21000 | usd |
CY2021Q4 | us-gaap |
Investments
Investments
|
60000 | usd |
CY2022Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
58473 | usd |
CY2021Q4 | us-gaap |
Assets Noncurrent
AssetsNoncurrent
|
103404 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
59149 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
127762 | usd |
CY2022Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
19721 | usd |
CY2021Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
11996 | usd |
CY2022Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
4189 | usd |
CY2021Q4 | us-gaap |
Other Long Term Debt Current
OtherLongTermDebtCurrent
|
2163 | usd |
CY2022Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
40970 | usd |
CY2021Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
64880 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
14159 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
195811 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
197837 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
260691 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
211996 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
269745 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
269745 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2436513 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
2436513 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2917700 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2800392 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-201542 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-84234 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
59149 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
127762 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
42159 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
198584 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
0 | usd |
CY2021 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
554 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
42159 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
198030 | usd |
CY2022 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
6043 | usd |
CY2021 | us-gaap |
Marketing And Advertising Expense
MarketingAndAdvertisingExpense
|
7383 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
5932 | usd |
CY2021 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
4449 | usd |
CY2022 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
0 | usd |
CY2021 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
6350 | usd |
CY2022 | FDIT |
Content Writing
ContentWriting
|
21750 | usd |
CY2021 | FDIT |
Content Writing
ContentWriting
|
43100 | usd |
CY2022 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
27647 | usd |
CY2021 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
81115 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
27928 | usd |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
60231 | usd |
CY2022 | FDIT |
Programming Fees
ProgrammingFees
|
9735 | usd |
CY2021 | FDIT |
Programming Fees
ProgrammingFees
|
111270 | usd |
CY2022 | FDIT |
Web Design And Hosting Expense
WebDesignAndHostingExpense
|
21432 | usd |
CY2021 | FDIT |
Web Design And Hosting Expense
WebDesignAndHostingExpense
|
49250 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
120467 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
363148 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-78308 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-165118 | usd |
CY2022 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
0 | usd |
CY2021 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
68245 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
68245 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-78308 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-96873 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-78308 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-96873 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-39000 | usd |
CY2021 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-165000 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-117308 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-261873 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-201542 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-117308 | usd |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
269745006 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
269745006 | shares |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-261873 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
5932 | usd |
CY2021 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
4449 | usd |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
269745006 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
269745006 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
177639 | usd |
CY2021 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-261873 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-84234 | usd |
CY2022 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-117308 | usd |
CY2022 | FDIT |
Increase Decrease Of Investment Related Party
IncreaseDecreaseOfInvestmentRelatedParty
|
39000 | usd |
CY2021 | FDIT |
Increase Decrease Of Investment Related Party
IncreaseDecreaseOfInvestmentRelatedParty
|
165000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-0 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-971 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
7724 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-21064 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
0 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-7000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-64652 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-119517 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
50000 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
41670 | usd |
CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
700 | usd |
CY2021 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
-0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
40970 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
50000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-23682 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-69517 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24358 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
93875 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
676 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
24358 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022 | FDIT |
Unrealized Loss On Availableforsale Securities
UnrealizedLossOnAvailableforsaleSecurities
|
-39000 | usd |
CY2021 | FDIT |
Unrealized Loss On Availableforsale Securities
UnrealizedLossOnAvailableforsaleSecurities
|
-165000 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_842_eus-gaap--UseOfEstimates_zwjHcW61W2Vi" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><span style="text-decoration: underline">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles 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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zj5nOOQEiB5k" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i><span style="text-decoration: underline">Concentration of Credit Risk</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The credit risk for customer accounts is not significant due to its diverse customer base. Customer accounts typically are collected within a short period of time. The Company maintains its cash balances in one financial institution located in Atlanta, Georgia. The balances are insured by the Federal Deposit Insurance Corporation up to $250,000. At December 31, 2022 and 2021, the Company had <span id="xdx_90D_eus-gaap--CashUninsuredAmount_iI_do_c20221231_zwkPjlJxCGol"><span id="xdx_906_eus-gaap--CashUninsuredAmount_iI_do_c20211231_zgR7KbGsw82j">no</span></span> uninsured cash balances.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> | |
CY2022Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
0 | usd |
CY2021Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
0 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-2917700 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
200000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
200000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
4189 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
2163 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
195811 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
197837 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
4449 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
4619 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
4795 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
4978 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
5168 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
180440 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
200000 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
25000 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
55000 | usd |
CY2022 | FDIT |
Current Income Tax Expense Benefit Valuation Allowance
CurrentIncomeTaxExpenseBenefitValuationAllowance
|
25000 | usd |
CY2021 | FDIT |
Current Income Tax Expense Benefit Valuation Allowance
CurrentIncomeTaxExpenseBenefitValuationAllowance
|
55000 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
613000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
588000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
613000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
588000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
613000 | usd |