2023 Q2 Form 10-K Financial Statement

#000149315223012511 Filed on April 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q4 2022
Revenue $420.6K $666.1K $6.686M
YoY Change -66.91% -66.44% 45.22%
Cost Of Revenue $934.4K $820.8K $4.071M
YoY Change -9.35% 11.61% 152.59%
Gross Profit -$513.8K -$154.8K $2.614M
YoY Change -313.93% -112.39% -12.62%
Gross Profit Margin -122.17% -23.23% 39.11%
Selling, General & Admin $1.308M $12.62M $926.7K
YoY Change 37.23%
% of Gross Profit 35.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $348.8K $349.5K $1.408M
YoY Change -4.83% 31.87% 159.62%
% of Gross Profit 53.86%
Operating Expenses $1.308M $2.435M $16.78M
YoY Change -27.3% -47.22% 26.58%
Operating Profit -$1.822M -$2.590M -$14.17M
YoY Change 16.87% -23.01% 38.01%
Interest Expense $416.4K -$306.8K $902.1K
YoY Change 143.27% -53.06% -142.91%
% of Operating Profit
Other Income/Expense, Net -$205.4K -$2.300K -$755.2K
YoY Change 135.34% -3933.33% -25358.7%
Pretax Income -$2.027M -$2.899M -$14.92M
YoY Change 23.16% -27.84% 22.64%
Income Tax $790.00 $793.00
% Of Pretax Income
Net Earnings -$2.027M -$2.899M -$14.92M
YoY Change 23.16% -27.82% 22.64%
Net Earnings / Revenue -481.94% -435.3% -223.23%
Basic Earnings Per Share -$0.37 -$4.18
Diluted Earnings Per Share -$0.37 -$0.70 -$4.18
COMMON SHARES
Basic Shares Outstanding 5.397M shares 4.047M shares 3.570M shares
Diluted Shares Outstanding 5.553M shares 3.570M shares

Balance Sheet

Concept 2023 Q2 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $123.5K $73.19K $73.19K
YoY Change -0.49% -83.7% -83.7%
Cash & Equivalents $123.4K $73.19K $73.19K
Short-Term Investments
Other Short-Term Assets $29.14K $21.02K $21.02K
YoY Change 554.83% 1189.57% 1189.57%
Inventory $1.554M $2.024M $2.024M
Prepaid Expenses
Receivables $6.719M $6.586M $6.586M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.426M $8.704M $8.704M
YoY Change 2.19% 30.82% 30.82%
LONG-TERM ASSETS
Property, Plant & Equipment $4.802M $5.432M $6.569M
YoY Change -25.38% -22.98% -29.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.14K $13.14K $178.9K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $6.156M $6.855M $6.855M
YoY Change -29.97% -30.2% -30.2%
TOTAL ASSETS
Total Short-Term Assets $8.426M $8.704M $8.704M
Total Long-Term Assets $6.156M $6.855M $6.855M
Total Assets $14.58M $15.56M $15.56M
YoY Change -14.4% -5.55% -5.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.679M $3.140M $3.140M
YoY Change 34.73% 169.96% 169.96%
Accrued Expenses $405.5K $181.7K $833.9K
YoY Change 157.16% -92.45% -74.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $8.623M $7.951M $7.951M
YoY Change 36.55% 63.41% 63.41%
Total Short-Term Liabilities $13.72M $12.42M $12.42M
YoY Change 31.29% 31.29% 31.29%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $305.5K $438.1K $438.1K
YoY Change -67.65% -68.53% -68.53%
Total Long-Term Liabilities $305.5K $438.1K $438.1K
YoY Change -67.65% -68.53% -68.53%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.72M $12.42M $12.42M
Total Long-Term Liabilities $305.5K $438.1K $438.1K
Total Liabilities $14.03M $12.86M $12.86M
YoY Change 23.09% 18.49% 18.49%
SHAREHOLDERS EQUITY
Retained Earnings -$96.46M -$92.69M
YoY Change 16.36% 19.19%
Common Stock $80.30M $79.61M
YoY Change 3.94% 60.27%
Preferred Stock
YoY Change
Treasury Stock (at cost) $572.7K $572.7K
YoY Change 0.0% 0.0%
Treasury Stock Shares
Shareholders Equity $554.9K $2.698M $2.698M
YoY Change
Total Liabilities & Shareholders Equity $14.58M $15.56M $15.56M
YoY Change -14.4% -5.55% -5.55%

Cashflow Statement

Concept 2023 Q2 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$2.027M -$2.899M -$14.92M
YoY Change 23.16% -27.82% 22.64%
Depreciation, Depletion And Amortization $348.8K $349.5K $1.408M
YoY Change -4.83% 31.87% 159.62%
Cash From Operating Activities -$343.2K -$526.5K -$3.947M
YoY Change 30.84% -58.18% -46.09%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $500.0K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 270.4K 565.2K $3.572M
YoY Change -0.36% -67.29% -56.31%
NET CHANGE
Cash From Operating Activities -343.2K -526.5K -$3.947M
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities 270.4K 565.2K $3.572M
Net Change In Cash -72.81K 38.73K -$375.8K
YoY Change -903.64% -85.02% 4175.39%
FREE CASH FLOW
Cash From Operating Activities -$343.2K -$526.5K -$3.947M
Capital Expenditures $0.00 $0.00
Free Cash Flow -$343.2K -$526.5K -$3.947M
YoY Change 30.84% -55.87% -40.25%

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CY2022 CANB Stock Issued During Period Value Issuance Of Common Stock In Lieu Of Note Interest Repayments
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CY2022 us-gaap Stock Issued During Period Value Issued For Services
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CY2022 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
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CY2022 us-gaap Stock Issued During Period Value Acquisitions
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CY2022 CANB Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
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CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
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CY2022 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2697925 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
2697925 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-14924175 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-12169395 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
5064860 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
2395038 usd
CY2022 us-gaap Depreciation
Depreciation
1408061 usd
CY2021 us-gaap Depreciation
Depreciation
493656 usd
CY2022 us-gaap Amortization Of Intangible Assets
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26906 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
48689 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
444920 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1640242 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
751025 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
61393 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
252462 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-309000 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-154010 usd
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
196889 usd
CY2022 CANB Stockbased Interest Expense
StockbasedInterestExpense
73078 usd
CY2021 CANB Stockbased Interest Expense
StockbasedInterestExpense
199314 usd
CY2022 CANB Stockbased Consulting Expense
StockbasedConsultingExpense
4489842 usd
CY2021 CANB Stockbased Consulting Expense
StockbasedConsultingExpense
2657048 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
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3690558 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
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CY2022 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2208484 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
14327 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-8476 usd
CY2021 CANB Increase Decrease In Deposit
IncreaseDecreaseInDeposit
-144500 usd
CY2021 us-gaap Increase Decrease In Other Noncurrent Assets
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-7176 usd
CY2022 CANB Increase Decrease In Lease Right Of Use Asset
IncreaseDecreaseInLeaseRightOfUseAsset
26764 usd
CY2021 CANB Increase Decrease In Lease Right Of Use Asset
IncreaseDecreaseInLeaseRightOfUseAsset
20667 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1988699 usd
CY2021 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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CY2022 us-gaap Increase Decrease In Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accrued Liabilities
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457033 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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-3947424 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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-7467232 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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538763 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
177530 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
3449853 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1625000 usd
CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
2 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
500000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
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CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
377500 usd
CY2021 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
224000 usd
CY2022 us-gaap Payments Of Financing Costs
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CY2022 us-gaap Proceeds From Related Party Debt
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CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
218273 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
449001 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
457798 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022 us-gaap Income Taxes Paid Net
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1075 usd
CY2021 us-gaap Income Taxes Paid Net
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CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
InterestPaidNet
4000 usd
CY2021 CANB Issuance Of Common Stock In Lieu Of Repayments Of Notes Payable
IssuanceOfCommonStockInLieuOfRepaymentsOfNotesPayable
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CY2022 CANB Issuance Of Common Stock In Acquisition Of Note Payable Commitment Shares
IssuanceOfCommonStockInAcquisitionOfNotePayableCommitmentShares
1767498 usd
CY2021 CANB Issuance Of Common Stock In Acquisition Of Note Payable Commitment Shares
IssuanceOfCommonStockInAcquisitionOfNotePayableCommitmentShares
3453014 usd
CY2021 CANB Noncash Assets Acquired Through Common Stock Payable
NoncashAssetsAcquiredThroughCommonStockPayable
1750000 usd
CY2021 CANB Noncash Assets Acquired Through Issuance Of Promissory Note
NoncashAssetsAcquiredThroughIssuanceOfPromissoryNote
1250000 usd
CY2022 CANB Debt Discount Associated With Warrant Liability
DebtDiscountAssociatedWithWarrantLiability
357049 usd
CY2022 CANB Issuance Of Common Stock Resulting From Exercise Of Warrants
IssuanceOfCommonStockResultingFromExerciseOfWarrants
8641 usd
CY2021 CANB Issuance Of Common Stock Warrants And Commitment Shares In Connection With Convertible Promissory Note
IssuanceOfCommonStockWarrantsAndCommitmentSharesInConnectionWithConvertiblePromissoryNote
515276 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
73194 usd
CY2022Q4 CANB Working Capital
WorkingCapital
3281494 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-14924175 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-12169395 usd
CY2022Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
the Company effected a 1-for-15 reverse stock split of the Company’s common stock, or the 2021 Reverse Stock Split. As a result of the 2021 Reverse Stock Split, every 15 shares of the Company’s pre-2021 Reverse Stock Split common stock were combined and reclassified into one share of the Company’s common stock.
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84C_eus-gaap--UseOfEstimates_zkWXwnfSxi7i" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86C_zu3tku2Hnh8b">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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-top: 0pt; margin-bottom: 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 sales (or revenues) and expenses during the reporting period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that estimates made as of the date of the financial statements could change in the near term due to one or more future events. Accordingly, the actual results could differ significantly from those estimates. Significant accounting estimates reflected in the Company’s consolidated financial statements include, but are not limited to, revenue recognition, allowance for doubtful accounts, recognition and measurement of income tax assets, valuation of share-based compensation, and the valuation of net assets acquired.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_848_eus-gaap--ConcentrationRiskCreditRisk_zNgRan4ITxk2" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_868_zMc7R91En5hh">Concentration of business and credit risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments, which potentially subject the Company to concentrations of credit risk, consist primarily of cash and cash equivalents and accounts receivable. Cash held by the Company, in financial institutions, may exceed the federally insured limit of $<span id="xdx_902_eus-gaap--CashFDICInsuredAmount_iI_c20221231_zg0vIxTYXHB5" title="Cash insured limit">250,000</span> at certain times. At December 31, 2021, cash balances held with a financial institution exceeded the federally insured limit. There were <span id="xdx_907_eus-gaap--Cash_iI_do_c20221231_zhgZKUIpQEIe" title="Cash and cash equivalents">no</span> cash and cash equivalents which exceeded federally insured limits as of December 31, 2022.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No customer accounted for more than <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20221231__srt--MajorCustomersAxis__custom--NoCustomerMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zSyidn2HuHKh" title="Concentration risk, percentage">10</span>% of sales or accounts receivable in each of the periods presented in the accompanying consolidated financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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
250000 usd
CY2022Q4 us-gaap Cash
Cash
0 usd
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zAZbLwC8bYtb" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_862_z8bFExYBIVd7">Reclassifications</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior period amounts have been reclassified to conform to the current period presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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2171251 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
802996 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
7052926 usd
CY2022Q4 us-gaap Liabilities Fair Value Disclosure
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203043 usd
CY2022 CANB Issuance Of Warrant Liabilities
IssuanceOfWarrantLiabilities
357053 usd
CY2022 us-gaap Fair Value Adjustment Of Warrants
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CY2022Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
203043 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
1408061 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
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CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
818042 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1194209 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1735396 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
2024053 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
2553438 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
21724 usd
CY2021Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
21727 usd
CY2022Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
12378 usd
CY2021Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
12378 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
6766208 usd
CY2021Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
7018522 usd
CY2022Q4 CANB Medical Equipment
MedicalEquipment
776396 usd
CY2021Q4 CANB Medical Equipment
MedicalEquipment
776396 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
26902 usd
CY2021Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
26902 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7603608 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
7855922 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
493656 usd
CY2022Q4 CANB Finite Lived Technology Ip And Patents
FiniteLivedTechnologyIpAndPatents
119998 usd
CY2021Q4 CANB Finite Lived Technology Ip And Patents
FiniteLivedTechnologyIpAndPatents
418003 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
119998 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
418003 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12854 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
48998 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
107144 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
369015 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26906 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
48689 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
12000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
12000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
12000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
12000 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
47144 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
107144 usd
CY2022 CANB Purchase Amount Of Future Receivables
PurchaseAmountOfFutureReceivables
450000 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
65000 usd
CY2022Q4 us-gaap Share Price
SharePrice
3.51
CY2021Q4 us-gaap Share Price
SharePrice
8.02
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0300 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0102 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
2.26 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
2.01 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
79147 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.37
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y11M1D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
298507 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.30
CY2021 CANB Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm2
P4Y7M9D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
377654 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.11
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y11M19D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
679012 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.86
CY2022 CANB Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm2
P4Y7D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1056666 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1056666 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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IncomeTaxReconciliationStateAndLocalIncomeTaxes
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2022Q4 us-gaap Operating Loss Carryforwards
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CY2022 CANB Operating Loss Carryforwards Expiration Date1
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CY2022 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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CY2021 us-gaap Unrecognized Tax Benefits Period Increase Decrease
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CY2022 us-gaap Payments For Rent
PaymentsForRent
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CY2021 us-gaap Payments For Rent
PaymentsForRent
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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740852 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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CY2022Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.18 pure
CY2022Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
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0.18 pure
CY2022Q3 us-gaap Debt Instrument Face Amount
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937000 usd

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