2024 Q3 Form 10-Q Financial Statement

#000149315224033150 Filed on August 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $739.2K $561.2K
YoY Change 133.73% 45.48%
Cost Of Revenue $543.3K $168.8K
YoY Change 553.8% 48.62%
Gross Profit $195.8K $392.3K
YoY Change -16.0% 44.17%
Gross Profit Margin 26.5% 69.91%
Selling, General & Admin $642.5K $567.4K
YoY Change 125.14% -8.52%
% of Gross Profit 328.08% 144.63%
Research & Development $213.3K $163.8K
YoY Change 43.63% -9.47%
% of Gross Profit 108.93% 41.74%
Depreciation & Amortization $1.490K $1.490K
YoY Change 27.35%
% of Gross Profit 0.76% 0.38%
Operating Expenses $1.921M $1.319M
YoY Change 65.83% -7.94%
Operating Profit -$1.725M -$927.0K
YoY Change 86.46% -20.15%
Interest Expense -$122.0K $287.3K
YoY Change -303.27% -60.7%
% of Operating Profit
Other Income/Expense, Net -$7.315M -$5.801M
YoY Change -2666.65% -4170.76%
Pretax Income -$9.040M -$6.728M
YoY Change 1312.47% 560.6%
Income Tax
% Of Pretax Income
Net Earnings -$9.040M -$6.728M
YoY Change 1312.31% 560.6%
Net Earnings / Revenue -1222.99% -1198.85%
Basic Earnings Per Share -$0.56 -$0.43
Diluted Earnings Per Share -$0.56 -$0.43
COMMON SHARES
Basic Shares Outstanding 16.17M shares 15.71M shares
Diluted Shares Outstanding 16.16M shares 15.76M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $254.5K $536.7K
YoY Change -70.06% -48.57%
Cash & Equivalents $254.5K $536.7K
Short-Term Investments
Other Short-Term Assets $26.17M $33.18M
YoY Change 225.13% 296.81%
Inventory
Prepaid Expenses $96.44K $180.9K
Receivables
Other Receivables
Total Short-Term Assets $26.43M $33.72M
YoY Change 196.81% 258.5%
LONG-TERM ASSETS
Property, Plant & Equipment $6.015K $7.500K
YoY Change -49.88% -15.1%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $100.0K $100.0K
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $106.0K $107.5K
YoY Change 783.38% 1116.89%
TOTAL ASSETS
Total Short-Term Assets $26.43M $33.72M
Total Long-Term Assets $106.0K $107.5K
Total Assets $26.53M $33.82M
YoY Change 197.6% 259.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $266.8K $130.9K
YoY Change 196.48% -30.45%
Accrued Expenses $1.319M $639.3K
YoY Change 218.87% 44.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.337M $710.6K
YoY Change 175.7% -11.0%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.337M $710.6K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $1.337M $710.6K
YoY Change 172.92% -11.0%
SHAREHOLDERS EQUITY
Retained Earnings -$142.2M -$133.1M
YoY Change -8.0% -13.49%
Common Stock $16.56K $15.90K
YoY Change 15.17% -99.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $25.20M $33.11M
YoY Change
Total Liabilities & Shareholders Equity $26.53M $33.82M
YoY Change 197.6% 259.3%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$9.040M -$6.728M
YoY Change 1312.31% 560.6%
Depreciation, Depletion And Amortization $1.490K $1.490K
YoY Change 27.35%
Cash From Operating Activities -$695.2K -$924.1K
YoY Change 8.63% 0.5%
INVESTING ACTIVITIES
Capital Expenditures $12.09K $490.00
YoY Change 20.9% -99.97%
Acquisitions
YoY Change
Other Investing Activities $12.05K $550.4K
YoY Change -95.7% -67.09%
Cash From Investing Activities -$40.00 $549.9K
YoY Change -100.01% 25594.86%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 413.0K 240.3K
YoY Change 129.46% -42.47%
NET CHANGE
Cash From Operating Activities -695.2K -924.1K
Cash From Investing Activities -40.00 549.9K
Cash From Financing Activities 413.0K 240.3K
Net Change In Cash -282.2K -133.9K
YoY Change 48.54% -73.2%
FREE CASH FLOW
Cash From Operating Activities -$695.2K -$924.1K
Capital Expenditures $12.09K $490.00
Free Cash Flow -$707.3K -$924.6K
YoY Change 8.82% -64.3%

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-1693099 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2045524 usd
BTCS Purchase Of Productive Crypto Assets Currencies For Validating
PurchaseOfProductiveCryptoAssetsCurrenciesForValidating
19212 usd
BTCS Purchase Of Productive Crypto Assets Currencies For Validating
PurchaseOfProductiveCryptoAssetsCurrenciesForValidating
1804213 usd
BTCS Sale Of Productive Crypto Assets Currencies
SaleOfProductiveCryptoAssetsCurrencies
550361 usd
BTCS Sale Of Productive Crypto Assets Currencies
SaleOfProductiveCryptoAssetsCurrencies
1719871 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
531149 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-84342 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
240305 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
926501 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
240305 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
926501 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-921645 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1203365 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1458327 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2146783 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
536682 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
943418 usd
BTCS Series V Preferred Stock Distribution
SeriesVPreferredStockDistribution
2559533 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_842_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zti8M4TyENU6" 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"><i><span id="xdx_86C_z6fmbM3cWSS2">Reclassifications</span></i></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; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior period amounts have been reclassified in order to conform with the current period presentation in the unaudited condensed financial statements and accompanying notes. The reclassifications did not have a material impact on the Company’s unaudited condensed financial statements and related disclosures. The impact on any prior period disclosures was immaterial.</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: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q2 us-gaap Cash
Cash
537000 usd
CY2023Q4 us-gaap Cash
Cash
1458000 usd
CY2024Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
61000 usd
CY2023Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
933000 usd
CY2024Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
287000 usd
CY2023Q2 us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
568000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
298000 usd
us-gaap Realized Investment Gains Losses
RealizedInvestmentGainsLosses
560000 usd
CY2024Q2 us-gaap Revenues
Revenues
561192 usd
CY2023Q2 us-gaap Revenues
Revenues
385753 usd
us-gaap Revenues
Revenues
1012578 usd
us-gaap Revenues
Revenues
697261 usd
CY2024Q2 us-gaap Revenues
Revenues
561192 usd
CY2023Q2 us-gaap Revenues
Revenues
385753 usd
us-gaap Revenues
Revenues
1012578 usd
us-gaap Revenues
Revenues
697261 usd
CY2024Q2 BTCS Cost Of Staking Revenues
CostOfStakingRevenues
47414 usd
CY2023Q2 BTCS Cost Of Staking Revenues
CostOfStakingRevenues
113612 usd
CY2024Q2 BTCS Cost Of Builder Revenues
CostOfBuilderRevenues
121434 usd
CY2024Q2 us-gaap Cost Of Revenue
CostOfRevenue
168848 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
113612 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_842_eus-gaap--UseOfEstimates_zccQtIjZLIej" 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"><i><span id="xdx_866_zkZO7PI6NGJ9">Use of Estimates</span></i></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; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying financial statements have been prepared in conformity with U.S. GAAP. This requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expenses during the period. The Company’s significant estimates and assumptions include the recoverability and useful lives of indefinite life intangible assets, stock-based compensation, and the valuation allowance related to the Company’s deferred tax assets. Certain of the Company’s estimates, including the carrying amount of the indefinite life intangible assets, could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates and assumptions.</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>
us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
Tax positions are recognized only when it is more likely than not (i.e., likelihood of greater than 50%), based on technical merits, that the position would be sustained upon examination by taxing authorities. Tax positions that meet the more likely than not threshold are measured using a probability-weighted approach as the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement
us-gaap Preferred Stock Conversion Basis
PreferredStockConversionBasis
The Series V: (i) is non-convertible, (ii) has a 20% liquidation preference over the shares of common stock, (iii) is non-voting and (iv) has certain rights to dividends and distributions (at the discretion of the Board).
CY2024Q2 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
28000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3821373 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3478899 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3478899 shares
CY2022 us-gaap Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
4986000 usd
CY2024Q1 us-gaap Revenue Not From Contract With Customer Other
RevenueNotFromContractWithCustomerOther
65614 usd
CY2024Q1 us-gaap Revenues
Revenues
451387 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
160626 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
290761 usd
CY2024Q2 BTCS Cost Of Platform Operator Crypto Asset Held For User
CostOfPlatformOperatorCryptoAssetHeldForUser
22393848 usd
CY2024Q2 srt Platform Operator Crypto Asset Held For User
PlatformOperatorCryptoAssetHeldForUser
32983588 usd
CY2024Q2 BTCS Crypto Assets
CryptoAssets
32983588 usd
CY2024Q2 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
100000 usd
CY2024Q2 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
33083588 usd
CY2024Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
71250 usd
CY2023Q4 BTCS Crypto Assets
CryptoAssets
25202929 usd
CY2023Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
100000 usd
CY2023Q4 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
25302929 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
213750 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
100000 usd
CY2024Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
100000 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
213750 usd
us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-142500 usd
CY2024Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
71250 usd
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
97500000 shares
CY2024Q2 us-gaap Shares Issued
SharesIssued
43220 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1200000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.12
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
8700 usd
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y4M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
120000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
1.52
BTCS Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term Grants In Period
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermGrantsInPeriod
P4Y10M24D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
17500 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
10.30
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1302500 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.96
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4950 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y2M12D
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
1127500 shares
CY2024Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
2.03
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P1Y9M18D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1606373 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
3.25
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
300000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
1.71
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
100000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
1.63
CY2024Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
300042 usd
CY2023Q2 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
228667 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
573471 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
515221 usd
CY2024Q2 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
508489 usd
CY2023Q4 us-gaap Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
712092 usd
CY2024Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
130850 usd
CY2023Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
55058 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
639339 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
767150 usd
CY2024Q2 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
505000 usd
CY2023Q4 us-gaap Accrued Bonuses Current And Noncurrent
AccruedBonusesCurrentAndNoncurrent
710000 usd
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
1 pure
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
109000 usd
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Amount
DefinedContributionPlanMaximumAnnualContributionsPerEmployeeAmount
95000 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-133148000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1693000 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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