2023 Q2 Form 10-Q Financial Statement

#000149315223017345 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $2.072M $1.639M $1.975M
YoY Change -13.72% -17.01% 107.72%
Cost Of Revenue $1.446M $1.225M $1.299M
YoY Change -5.99% -5.71% 103.07%
Gross Profit $625.4K $414.0K $675.8K
YoY Change -27.52% -38.73% 117.31%
Gross Profit Margin 30.19% 25.26% 34.22%
Selling, General & Admin $792.4K $726.2K $1.106M
YoY Change -32.71% -34.32% 50.02%
% of Gross Profit 126.7% 175.4% 163.63%
Research & Development $2.898K $529.00 $3.920K
YoY Change -33.73% -86.51% -81.43%
% of Gross Profit 0.46% 0.13% 0.58%
Depreciation & Amortization $42.27K $36.97K $33.86K
YoY Change 28.32% 9.17% 443.5%
% of Gross Profit 6.76% 8.93% 5.01%
Operating Expenses $795.3K $726.7K $1.110M
YoY Change -32.72% -34.51% 46.37%
Operating Profit -$169.9K -$312.7K -$433.9K
YoY Change -46.78% -27.93% -2.97%
Interest Expense $19.98K $15.20K -$10.19K
YoY Change 109.84% -249.15% 167.45%
% of Operating Profit
Other Income/Expense, Net -$15.20K -$10.19K
YoY Change 49.1%
Pretax Income -$189.8K -$327.9K -$444.1K
YoY Change -42.24% -26.16% 0.71%
Income Tax
% Of Pretax Income
Net Earnings -$189.8K -$327.9K -$444.1K
YoY Change -42.24% -26.16% 0.71%
Net Earnings / Revenue -9.16% -20.01% -22.49%
Basic Earnings Per Share $0.00 $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00 -$1.106K
COMMON SHARES
Basic Shares Outstanding 437.1M shares 436.9M shares 401.5M shares
Diluted Shares Outstanding 437.2M shares 427.3M shares 401.5M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $418.7K $347.6K $604.3K
YoY Change -27.12% -42.47% 75.71%
Cash & Equivalents $418.7K $347.6K $604.3K
Short-Term Investments
Other Short-Term Assets $177.5K $134.9K $395.4K
YoY Change -66.73% -65.89% 61.47%
Inventory $2.139M $2.216M $2.029M
Prepaid Expenses
Receivables $318.5K $265.6K $268.6K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.054M $2.964M $3.297M
YoY Change -19.29% -10.11% 93.0%
LONG-TERM ASSETS
Property, Plant & Equipment $366.0K $389.5K $654.4K
YoY Change 25.32% -40.49% 16.8%
Goodwill $250.0K $250.0K
YoY Change 0.0%
Intangibles $610.2K $628.3K
YoY Change -10.62%
Long-Term Investments
YoY Change
Other Assets $30.73K $30.73K $17.83K
YoY Change 72.31% 72.32% 46.75%
Total Long-Term Assets $2.257M $2.356M $1.623M
YoY Change 39.68% 45.15% 183.52%
TOTAL ASSETS
Total Short-Term Assets $3.054M $2.964M $3.297M
Total Long-Term Assets $2.257M $2.356M $1.623M
Total Assets $5.310M $5.320M $4.920M
YoY Change -1.64% 8.11% 115.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $763.2K $23.78K $18.03K
YoY Change 2327.58% 31.88% -80.19%
Accrued Expenses $275.3K $268.2K $208.6K
YoY Change 28.6% 28.56% 89.59%
Deferred Revenue $384.1K $229.9K
YoY Change 36.94%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $71.42K $67.95K $46.87K
YoY Change 86.91% 44.98% -33.06%
Total Short-Term Liabilities $1.891M $1.643M $1.595M
YoY Change -5.02% 3.04% 63.57%
LONG-TERM LIABILITIES
Long-Term Debt $451.2K $470.3K $421.0K
YoY Change 8.76% 11.7% 94.07%
Other Long-Term Liabilities $728.4K $792.5K $189.1K
YoY Change 357.17% 319.02% -39.59%
Total Long-Term Liabilities $1.180M $1.263M $610.2K
YoY Change 105.43% 106.96% 15.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.891M $1.643M $1.595M
Total Long-Term Liabilities $1.180M $1.263M $610.2K
Total Liabilities $3.071M $2.906M $2.205M
YoY Change 19.7% 31.8% 46.51%
SHAREHOLDERS EQUITY
Retained Earnings -$16.96M -$16.77M
YoY Change 10.69%
Common Stock $43.74K $43.72K
YoY Change 6.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.239M $2.414M $2.716M
YoY Change
Total Liabilities & Shareholders Equity $5.310M $5.320M $4.920M
YoY Change -1.64% 8.11% 115.72%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$189.8K -$327.9K -$444.1K
YoY Change -42.24% -26.16% 0.71%
Depreciation, Depletion And Amortization $42.27K $36.97K $33.86K
YoY Change 28.32% 9.17% 443.5%
Cash From Operating Activities $89.81K -$313.9K -$290.3K
YoY Change 495.56% 8.11% 15.46%
INVESTING ACTIVITIES
Capital Expenditures $670.00 $5.069K -$2.880K
YoY Change -27.96% -276.01%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$670.00 -$5.069K -$2.880K
YoY Change -97.7% 76.01%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.04K $182.2K 254.4K
YoY Change 14.76% -28.38% 1.67%
NET CHANGE
Cash From Operating Activities 89.81K -$313.9K -290.3K
Cash From Investing Activities -670.0 -$5.069K -2.880K
Cash From Financing Activities -18.04K $182.2K 254.4K
Net Change In Cash 71.10K -$136.8K -38.87K
YoY Change -339.31% 251.92%
FREE CASH FLOW
Cash From Operating Activities $89.81K -$313.9K -$290.3K
Capital Expenditures $670.00 $5.069K -$2.880K
Free Cash Flow $89.14K -$319.0K -$287.5K
YoY Change 529.96% 10.95% 14.32%

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EarningsPerShareDiluted
-0.00
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
427289742 shares
CY2022Q3 us-gaap Security Deposit
SecurityDeposit
2426 usd
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
401483605 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
427289742 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
401483605 shares
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2522373 usd
CY2023Q1 BWMG Shares Issued For Purchase Of Units
SharesIssuedForPurchaseOfUnits
200000 usd
CY2023Q1 BWMG Stock Issued For Accrued Interest On Convertible Notes
StockIssuedForAccruedInterestOnConvertibleNotes
8336 usd
CY2023Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11034 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-327922 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2413821 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
2413821 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2627655 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
2627655 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
265000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
35500 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
230034 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-444092 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1587 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
2715684 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
2715684 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-327922 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-444092 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
36966 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
33859 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2764 usd
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
922 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
75765 usd
CY2022Q1 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
57267 usd
CY2022Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
35500 usd
CY2022Q1 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
4528 usd
CY2023Q1 BWMG Reserve For Nomad Recall
ReserveForNomadRecall
74200 usd
CY2023Q1 BWMG Stock Based Compensation Options
StockBasedCompensationOptions
11034 usd
CY2022Q1 BWMG Stock Based Compensation Options
StockBasedCompensationOptions
230034 usd
CY2023Q1 BWMG Shares Issued For Accrued Interest In Convertible Notes
SharesIssuedForAccruedInterestInConvertibleNotes
8336 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
53898 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
68168 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
44405 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-161 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-206024 usd
CY2022Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
138460 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
6419 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
166342 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3733 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-132934 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
126696 usd
CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
62412 usd
CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
104495 usd
CY2023Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-72399 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-57425 usd
CY2023Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
8756 usd
CY2022Q1 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
13656 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-13761 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-19235 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-313881 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-290337 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5069 usd
CY2022Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2884 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5069 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2884 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
200000 usd
CY2022Q1 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
265000 usd
CY2023Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
17842 usd
CY2022Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
10648 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
182158 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
254352 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-136792 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-38869 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
484427 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
643143 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
347635 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
604274 usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
6860 usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
3454 usd
CY2023Q1 BWMG Noncash Common Stock Issued For Payment Of Convertible Note Interest
NoncashCommonStockIssuedForPaymentOfConvertibleNoteInterest
8336 usd
CY2023Q1 BWMG Equipment Obtained Through Financing
EquipmentObtainedThroughFinancing
63689 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_zfWwlhMjjtaf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_866_zvY9DQs6t8b">Use of estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; 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 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
0 usd
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
28558 usd
CY2023Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
892859 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
1207957 usd
CY2023Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
72041 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
80727 usd
CY2023Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1195068 usd
CY2022Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
1077308 usd
CY2023Q1 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
55893 usd
CY2022Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
55893 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
2215861 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
2421885 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1427963 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1701564 usd
CY2023Q1 us-gaap Revenues
Revenues
1639053 usd
CY2022Q1 us-gaap Revenues
Revenues
1974969 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1071068 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1121638 usd
CY2023Q1 BWMG Cost Of Revenues Related Parties
CostOfRevenuesRelatedParties
108925 usd
CY2022Q1 BWMG Cost Of Revenues Related Parties
CostOfRevenuesRelatedParties
121174 usd
CY2023Q1 BWMG Royalties Expense Related Parties
RoyaltiesExpenseRelatedParties
10212 usd
CY2022Q1 BWMG Royalties Expense Related Parties
RoyaltiesExpenseRelatedParties
12789 usd
CY2023Q1 BWMG Royalty Expenses
RoyaltyExpenses
34823 usd
CY2022Q1 BWMG Royalty Expenses
RoyaltyExpenses
43608 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
1225028 usd
CY2022Q1 us-gaap Cost Of Revenue
CostOfRevenue
1299209 usd
CY2023Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
70400 usd
CY2022Q1 us-gaap Operating Lease Expense
OperatingLeaseExpense
64200 usd
CY2023Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
89570 usd
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
64400 usd
CY2023Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1057327 usd
CY2023Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
268202 usd
CY2023Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
792502 usd
CY2023Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
1060704 usd
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
274150814 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
244052947 shares
CY2023Q1 us-gaap Profit Loss
ProfitLoss
327922 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-16765417 usd
CY2023Q1 BWMG Working Capital Surplus
WorkingCapitalSurplus
1320817 usd
CY2023Q1 BWMG Royalties Percentages
RoyaltiesPercentages
0.025 pure
CY2023Q1 us-gaap Royalty Expense
RoyaltyExpense
10212 usd
CY2022Q1 us-gaap Royalty Expense
RoyaltyExpense
12789 usd
CY2023Q1 us-gaap Accrued Royalties Current And Noncurrent
AccruedRoyaltiesCurrentAndNoncurrent
4785 usd
CY2022Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.021
CY2022Q3 BWMG Discount Rateof Value Weighted Average Price
DiscountRateofValueWeightedAveragePrice
0.35 pure
CY2022Q3 us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
19250 usd
CY2023Q1 BWMG Debt Instrument Convertible Period End Principal Balance
DebtInstrumentConvertiblePeriodEndPrincipalBalance
415256 usd
CY2023Q1 BWMG Debt Instrument Convertible Period End Discount Balance
DebtInstrumentConvertiblePeriodEndDiscountBalance
-21939 usd
CY2023Q1 us-gaap Convertible Debt
ConvertibleDebt
393317 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
50182 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
75304 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
62649 usd
CY2023Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
6007 usd
CY2023Q1 us-gaap Long Term Debt
LongTermDebt
194142 usd
CY2023Q1 us-gaap Loans Payable Current
LoansPayableCurrent
67954 usd
CY2023Q1 us-gaap Long Term Loans Payable
LongTermLoansPayable
126188 usd
CY2023Q1 us-gaap Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
160000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
249986 usd
CY2023Q1 us-gaap Goodwill
Goodwill
249986 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
743000 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-114695 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
628305 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
54394 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
72467 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
72467 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
71367 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
68066 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
289544 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
628305 usd
CY2023Q1 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
137000 shares
CY2023Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
7000 usd
CY2010Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
234439167 shares
CY2023Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.0362
CY2023Q1 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
21532353 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.720 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
3.464 pure
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
1.720 pure
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
3.464 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0016 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0464 pure
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0016 pure
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0210 pure
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0017 pure
CY2022Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0003 pure
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
233128266 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.0362
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y2M23D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
5710901 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.0281
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
400000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.0354
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
238439167 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.0360
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
111558754 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.0321
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y3M29D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
68994 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
4000000 shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.0229
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
234439167 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.0362
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y2M15D
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
107790004 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.0325
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P1Y1M20D
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
265633 usd
CY2023Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
234439167 shares
CY2023Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P1Y2M15D
CY2023Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.0362
CY2023Q1 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
107790004 shares
CY2023Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.0325
CY2023Q1 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
P1Y1M20D
CY2014Q3 BWMG Payments Of Security Deposit
PaymentsOfSecurityDeposit
5367 usd
CY2014Q3 us-gaap Payments For Rent
PaymentsForRent
4000 usd
CY2014Q3 BWMG Percentage Of Annual Operating Expenses
PercentageOfAnnualOperatingExpenses
0.1076 pure
CY2014Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
2000 usd
CY2016Q4 us-gaap Lessee Operating Lease Option To Extend
LesseeOperatingLeaseOptionToExtend
the Company entered into an amendment to the initial lease agreement, commencing on October 1, 2017, which extended the term of the lease for an additional eighty-four months
CY2016Q4 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2024-09-30
CY2016Q4 us-gaap Payments For Rent
PaymentsForRent
4626 usd
CY2016Q4 BWMG Rent Increased Percentage
RentIncreasedPercentage
0.03 pure
CY2018Q1 us-gaap Payments For Rent
PaymentsForRent
9300 usd
CY2018Q1 BWMG Rent Increased Percentage
RentIncreasedPercentage
0.025 pure
CY2018Q1 us-gaap Security Deposit
SecurityDeposit
8450 usd
CY2018Q4 us-gaap Area Of Land
AreaOfLand
8025
CY2018Q4 us-gaap Security Deposit
SecurityDeposit
6527 usd
CY2018Q4 us-gaap Payments For Rent
PaymentsForRent
4848 usd
CY2018Q4 BWMG Rent Increased Percentage
RentIncreasedPercentage
0.03 pure
CY2018Q4 BWMG Percentage Of Annual Operating Expenses
PercentageOfAnnualOperatingExpenses
0.1011 pure
CY2018Q4 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
1679 usd
CY2019Q4 BWMG Royalty Increased Percentage
RoyaltyIncreasedPercentage
0.0215 pure
CY2022Q2 us-gaap Payments For Rent
PaymentsForRent
2816 usd
CY2022Q2 BWMG Rent Increased Percentage
RentIncreasedPercentage
0.035 pure
CY2022Q3 us-gaap Payments For Rent
PaymentsForRent
17550 usd
CY2022Q3 BWMG Rent Increased Percentage
RentIncreasedPercentage
0.030 pure
CY2022Q3 us-gaap Security Deposit
SecurityDeposit
10727 usd
CY2022Q3 us-gaap Payments For Rent
PaymentsForRent
2247 usd
CY2022Q3 BWMG Payments For Common Area Maintenance Charge
PaymentsForCommonAreaMaintenanceCharge
112 usd
CY2022Q4 BWMG Reserve Cost
ReserveCost
160500 usd
CY2023Q1 BWMG Number Of Units Repaired And Returned
NumberOfUnitsRepairedAndReturned
520 shares
CY2023Q1 BWMG Customers Resulting In Reduction And Reserve Amount
CustomersResultingInReductionAndReserveAmount
74187 usd
CY2019Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
15870.97 usd
CY2021Q3 us-gaap Payments For Legal Settlements
PaymentsForLegalSettlements
10000 usd
CY2022Q2 us-gaap Litigation Reserve
LitigationReserve
1000 usd

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bwmg-20230331.xsd Edgar Link pending
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