2023 Q2 Form 10-Q Financial Statement
#000121390023039843 Filed on May 15, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $414.1K | $515.2K | $510.7K |
YoY Change | -23.38% | 0.88% | 228.11% |
Cost Of Revenue | $209.1K | $245.4K | $249.6K |
YoY Change | -0.3% | -1.71% | 695.51% |
Gross Profit | $205.0K | $269.9K | $261.1K |
YoY Change | -38.01% | 3.36% | 110.09% |
Gross Profit Margin | 49.51% | 52.38% | 51.12% |
Selling, General & Admin | $768.9K | $785.2K | $1.925M |
YoY Change | 5.04% | -59.2% | -61.25% |
% of Gross Profit | 375.12% | 290.98% | 737.15% |
Research & Development | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
% of Gross Profit | 0.0% | 0.0% | |
Depreciation & Amortization | $20.55K | $20.85K | $22.91K |
YoY Change | -9.71% | -8.99% | 827.53% |
% of Gross Profit | 10.02% | 7.73% | 8.78% |
Operating Expenses | $776.8K | $793.5K | $1.935M |
YoY Change | 4.67% | -58.99% | -61.07% |
Operating Profit | $3.480M | -$523.6K | -$1.674M |
YoY Change | -945.66% | -68.72% | -65.46% |
Interest Expense | $166.2K | $195.8K | -$248.6K |
YoY Change | -54.13% | -178.76% | 1252.45% |
% of Operating Profit | 4.78% | ||
Other Income/Expense, Net | $294.4K | -$199.5K | |
YoY Change | |||
Pretax Income | $3.774M | -$723.1K | -$1.919M |
YoY Change | -473.93% | -62.33% | -60.54% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $3.774M | -$723.1K | -$1.919M |
YoY Change | -473.93% | -62.33% | -60.54% |
Net Earnings / Revenue | 911.54% | -140.35% | -375.83% |
Basic Earnings Per Share | $0.01 | $0.00 | -$0.01 |
Diluted Earnings Per Share | $0.00 | $0.00 | -$6.717K |
COMMON SHARES | |||
Basic Shares Outstanding | 505.0M shares | 447.7M shares | 283.8M shares |
Diluted Shares Outstanding | 2.349B shares | 425.0M shares | 283.8M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.512M | $82.98K | $170.1K |
YoY Change | 518.09% | -51.22% | 5.88% |
Cash & Equivalents | $1.512M | $82.98K | $170.1K |
Short-Term Investments | |||
Other Short-Term Assets | $66.95K | $88.85K | $39.62K |
YoY Change | -38.77% | 124.26% | -47.62% |
Inventory | $119.1K | $59.35K | $63.08K |
Prepaid Expenses | $16.95K | ||
Receivables | $133.3K | $198.7K | $310.4K |
Other Receivables | $0.00 | $0.00 | $3.750K |
Total Short-Term Assets | $1.831M | $429.9K | $587.0K |
YoY Change | 174.75% | -26.76% | 49.28% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $79.05K | $88.08K | $389.5K |
YoY Change | -31.03% | -77.39% | 1455.01% |
Goodwill | $350.5K | $350.5K | |
YoY Change | 0.0% | ||
Intangibles | $254.7K | $267.3K | |
YoY Change | -16.55% | ||
Long-Term Investments | $0.00 | $7.780K | $6.480K |
YoY Change | -100.0% | 20.06% | -9.12% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $870.8K | $1.060M | $1.064M |
YoY Change | -27.9% | -0.37% | 3207.3% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.831M | $429.9K | $587.0K |
Total Long-Term Assets | $870.8K | $1.060M | $1.064M |
Total Assets | $2.702M | $1.490M | $1.651M |
YoY Change | 44.15% | -9.75% | 288.2% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $729.7K | $828.5K | $853.3K |
YoY Change | -12.03% | -2.91% | -7.49% |
Accrued Expenses | $390.8K | $859.5K | $937.4K |
YoY Change | -23.99% | -8.31% | 54.86% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.031M | $1.195M | $378.1K |
YoY Change | 155.22% | 215.98% | |
Long-Term Debt Due | $83.21K | $1.592M | $640.0K |
YoY Change | -92.63% | 148.78% | 16.92% |
Total Short-Term Liabilities | $2.907M | $5.020M | $2.855M |
YoY Change | -16.01% | 75.85% | 37.58% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.550K | $625.7K | $530.3K |
YoY Change | -97.95% | 17.99% | 5940.21% |
Other Long-Term Liabilities | $128.7K | $227.7K | $210.5K |
YoY Change | -59.78% | 8.16% | |
Total Long-Term Liabilities | $134.3K | $853.4K | $740.9K |
YoY Change | -77.28% | 15.19% | 8338.04% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.907M | $5.020M | $2.855M |
Total Long-Term Liabilities | $134.3K | $853.4K | $740.9K |
Total Liabilities | $3.041M | $5.874M | $3.772M |
YoY Change | -24.95% | 55.72% | 81.01% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$59.63M | -$63.41M | |
YoY Change | -1.35% | ||
Common Stock | $523.2K | $447.7K | |
YoY Change | 70.37% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$454.9K | -$4.518M | -$2.121M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.702M | $1.490M | $1.651M |
YoY Change | 44.15% | -9.75% | 288.2% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $3.774M | -$723.1K | -$1.919M |
YoY Change | -473.93% | -62.33% | -60.54% |
Depreciation, Depletion And Amortization | $20.55K | $20.85K | $22.91K |
YoY Change | -9.71% | -8.99% | 827.53% |
Cash From Operating Activities | -$622.0K | -$291.0K | -$503.8K |
YoY Change | 110.43% | -42.24% | 22.06% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $4.043M | ||
YoY Change | |||
Cash From Investing Activities | $4.043M | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -1.992M | $276.9K | 154.0K |
YoY Change | -638.34% | 79.81% | -38.41% |
NET CHANGE | |||
Cash From Operating Activities | -622.0K | -$291.0K | -503.8K |
Cash From Investing Activities | 4.043M | ||
Cash From Financing Activities | -1.992M | $276.9K | 154.0K |
Net Change In Cash | 1.429M | -$14.11K | -349.8K |
YoY Change | 1819.05% | -95.97% | 114.95% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$622.0K | -$291.0K | -$503.8K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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C-Bond Systems, Inc | |
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CY2022Q1 | us-gaap |
Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
|
-245655 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-723087 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1919419 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-16722 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-13020 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
13687 | usd |
CY2022Q1 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
14005 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-720052 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-1920404 | usd |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0 | |
CY2022Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
424991656 | shares |
CY2022Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
283833276 | shares |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-7050669 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
300000 | usd |
CY2023Q1 | cbnt |
Common Shares Issued For Professional Fees
CommonSharesIssuedForProfessionalFees
|
40000 | usd |
CY2023Q1 | cbnt |
Common Shares Issued For Compensation
CommonSharesIssuedForCompensation
|
53000 | usd |
CY2023Q1 | cbnt |
Beneficial Conversion Feature On Convertible Debt
BeneficialConversionFeatureOnConvertibleDebt
|
101400 | usd |
CY2023Q1 | cbnt |
Preferred Stock Dividends And Deemed Dividend
PreferredStockDividendsAndDeemedDividend
|
-13687 | usd |
CY2023Q1 | cbnt |
Adjustments To Additional Paid In Capital Accretion Of Stock Based Compensation
AdjustmentsToAdditionalPaidInCapitalAccretionOfStockBasedCompensation
|
12137 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-723087 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-7280906 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-3979041 | usd |
CY2022Q1 | cbnt |
Common Shares Issued For Accounts Payable
CommonSharesIssuedForAccountsPayable
|
2174 | usd |
CY2022Q1 | cbnt |
Common Shares Issued For Compensation
CommonSharesIssuedForCompensation
|
14250 | usd |
CY2022Q1 | cbnt |
Beneficial Conversion Feature On Convertible Debt
BeneficialConversionFeatureOnConvertibleDebt
|
12000 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
12963 | usd |
CY2022Q1 | cbnt |
Preferred Stock Dividends And Deemed Dividend
PreferredStockDividendsAndDeemedDividend
|
-14005 | usd |
CY2022Q1 | cbnt |
Adjustments To Additional Paid In Capital Accretion Of Stock Based Compensation
AdjustmentsToAdditionalPaidInCapitalAccretionOfStockBasedCompensation
|
42702 | usd |
CY2022Q1 | cbnt |
Beneficial Conversion Charge For Issuance Of Series B Preferred Shares For Accrued Compensation
BeneficialConversionChargeForIssuanceOfSeriesBPreferredSharesForAccruedCompensation
|
957556 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1919419 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
-4870820 | usd |
CY2023Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-723087 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1919419 | usd |
CY2023Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
20850 | usd |
CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
22910 | usd |
CY2023Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
63916 | usd |
CY2022Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
207727 | usd |
CY2023Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
29212 | usd |
CY2023Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
12137 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1014508 | usd |
CY2023Q1 | cbnt |
Stockbased Professional Fee
StockbasedProfessionalFee
|
40667 | usd |
CY2022Q1 | cbnt |
Stockbased Professional Fee
StockbasedProfessionalFee
|
111800 | usd |
CY2022Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
2925 | usd |
CY2023Q1 | cbnt |
Increase Decrease In Lease Cost
IncreaseDecreaseInLeaseCost
|
495 | usd |
CY2022Q1 | cbnt |
Increase Decrease In Lease Cost
IncreaseDecreaseInLeaseCost
|
-723 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-70754 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
134598 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-18100 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-19853 | usd |
CY2023Q1 | cbnt |
Prepaid Expenses And Other Assets
PrepaidExpensesAndOtherAssets
|
-19639 | usd |
CY2022Q1 | cbnt |
Prepaid Expenses And Other Assets
PrepaidExpensesAndOtherAssets
|
325 | usd |
CY2023Q1 | cbnt |
Costs And Estimated Earnings In Excess
CostsAndEstimatedEarningsInExcess
|
-279 | usd |
CY2022Q1 | cbnt |
Costs And Estimated Earnings In Excess
CostsAndEstimatedEarningsInExcess
|
-80265 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
48693 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
23816 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
123124 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
25482 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Due To Other Related Parties
IncreaseDecreaseInDueToOtherRelatedParties
|
2466 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
34317 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
11583 | usd |
CY2023Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
-13255 | usd |
CY2022Q1 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
35627 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-290971 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-503769 | usd |
CY2023Q1 | cbnt |
Proceeds From Sale Of Series C Preferred Stock
ProceedsFromSaleOfSeriesCPreferredStock
|
275000 | usd |
CY2022Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
175000 | usd |
CY2023Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
48136 | usd |
CY2022Q1 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
21019 | usd |
CY2023Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
50000 | usd |
CY2023Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
276864 | usd |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
153981 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-14107 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-349788 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
97091 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
519898 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
82984 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
170110 | usd |
CY2023Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
33795 | usd |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
4754 | usd |
CY2023Q1 | cbnt |
Common Stock Issued As Prepaid For Services
CommonStockIssuedAsPrepaidForServices
|
40000 | usd |
CY2023Q1 | cbnt |
Common Stock Issued For Accrued Compensation
CommonStockIssuedForAccruedCompensation
|
78000 | usd |
CY2023Q1 | cbnt |
Series B Preferred Stock Issued For Accrued Compensation
SeriesBPreferredStockIssuedForAccruedCompensation
|
144000 | usd |
CY2022Q1 | cbnt |
Series B Preferred Stock Issued For Accrued Compensation
SeriesBPreferredStockIssuedForAccruedCompensation
|
278654 | usd |
CY2023Q1 | cbnt |
Preferred Stock Dividend Accrued
PreferredStockDividendAccrued
|
13687 | usd |
CY2022Q1 | cbnt |
Preferred Stock Dividend Accrued
PreferredStockDividendAccrued
|
14005 | usd |
CY2022Q1 | cbnt |
Increase In Debt Discount And Paidin Capital For Beneficial Conversion Feature On Convertible Debt
IncreaseInDebtDiscountAndPaidinCapitalForBeneficialConversionFeatureOnConvertibleDebt
|
12963 | usd |
CY2023Q1 | cbnt |
Conversion Of Series C Preferred Stock To Common Stock
ConversionOfSeriesCPreferredStockToCommonStock
|
101400 | usd |
CY2022Q1 | cbnt |
Conversion Of Series C Preferred Stock To Common Stock
ConversionOfSeriesCPreferredStockToCommonStock
|
12000 | usd |
CY2022Q1 | cbnt |
Common Stock Issued For Accouts Payable
CommonStockIssuedForAccoutsPayable
|
2174 | usd |
CY2023Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 1 – <span style="text-decoration:underline">NATURE OF ORGANIZATION</span></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b> </b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Nature of Organization</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">C-Bond Systems, Inc., together with its subsidiaries (the “Company”), is a materials development company and sole owner, developer, and manufacturer of the patented C-Bond technology. The Company is engaged in the implementation of proprietary nanotechnology applications and processes to enhance properties of strength, functionality, and sustainability of brittle material systems. The Company’s primary focus is in the multi-billion-dollar glass and window film industry with target markets in the United States and internationally. Additionally, the Company has expanded its product line to include disinfection products. The Company operates in two divisions: C-Bond Transportation Solutions and Patriot Glass Solutions. C-Bond Transportation Solutions sells a windshield strengthening, water repellent solution called C-Bond nanoShield™ as well as disinfection products. Patriot Glass Solutions sells multi-purpose glass strengthening primer and window film mounting solutions, including C-Bond BRS, a ballistic-resistant film system, and C-Bond Secure, a forced entry system.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On June 30, 2021, the Company entered into a Share Exchange Agreement and Plan of Reorganization (the “Exchange Agreement”) with (i) Mobile Tint LLC, a Texas limited liability company doing business as A1 Glass Coating (“Mobile”), (ii) the sole member of Mobile (the “Mobile Shareholder”), and (iii) Michael Wanke as the Representative of the Mobile Shareholder. Pursuant to the Exchange Agreement, the Company agreed to acquire 80% of Mobile’s units, representing 80% of Mobile’s issued and outstanding capital stock (the “Mobile Shares”). On July 22, 2021, the Company closed the Exchange Agreement and acquired 80% of the Mobile Shares. The Mobile Shares were exchanged for 28,021,016 restricted shares of the Company’s common stock in an amount equal to $800,000, divided by the average of the closing prices of the Company’s common stock during the 30-day period immediately prior to the closing. Two years after closing, the Company has the option to acquire the remaining 20% of Mobile’s issued and outstanding membership interests in exchange for a number of shares of the Company’s common stock equal to 300% of Mobile’s average EBIT value, divided by the price of the Company’s common stock as defined in the Exchange Agreement (the “Additional Closing”). Mobile provides quality window tint solutions for auto, home, and business owners across Texas, specializing in automotive window tinting, residential window film, and commercial window film that stop harmful UV rays from passing through its window films for reduced glare, comfortable temperatures, and lower energy bills. Mobile also carries products that offer forced-entry protection and films that protect glass from scratches, graffiti, other types of vandalism, and even bullets, including C-Bond BRS and C-Bond Secure products. As part of the transaction, Mobile’s owner-operator, Mr. Wanke, joined the Company as President of its Patriot Glass Solutions division.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="text-align: justify; font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 8, 2023, the Company entered into an Asset Purchase Agreement with a third-party entity (the “Buyer”), whereby the Company sold its C-Bond nanoShield product line to the Buyer for cash of $4,000,000. Accordingly, the Company assigned, transferred and delivered to the Buyer, free and clear of all liens, all of the Assets. The “Assets” shall be comprised of certain intangible assets, intellectual property, work In process, furniture, fixtures, equipment, inventory and other physical assets of the Company’s C-Bond nanoShield division. Following the Closing, the Parties shall reasonably cooperate to complete a transaction wherein the Company shall assign to Buyer, and Buyer shall take assignment from the Company, the lease for the premises located at 6035 South Loop East, Houston, Texas 77033 (the “Lease”) pursuant to a lease assignment and assumption agreement as to be reasonably agreed to by the parties and the lessor pursuant to the Lease. (See Note 16).</p> | |
CY2021Q2 | cbnt |
Minority Interest Ownership Percentage
MinorityInterestOwnershipPercentage
|
0.80 | pure |
CY2021Q2 | cbnt |
Issued And Outstanding Percent
IssuedAndOutstandingPercent
|
0.80 | pure |
CY2021Q3 | cbnt |
Minority Interest Ownership Percentage
MinorityInterestOwnershipPercentage
|
0.80 | pure |
CY2021Q3 | cbnt |
Restricted Shares Of Common Stock
RestrictedSharesOfCommonStock
|
28021016 | shares |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Expected Dividend
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageExpectedDividend
|
800000 | usd |
CY2021Q3 | cbnt |
Issued And Outstanding Interest
IssuedAndOutstandingInterest
|
0.20 | pure |
CY2021Q3 | cbnt |
Common Stock Percentage
CommonStockPercentage
|
3 | pure |
CY2023Q2 | cbnt |
Sales
Sales
|
4000000 | usd |
CY2021Q3 | cbnt |
Consolidated Financial Statements Percentage
ConsolidatedFinancialStatementsPercentage
|
0.80 | pure |
CY2023Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of unaudited consolidated financial statements in conformity with U.S. 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 consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Estimates during the three months ended March 31, 2023 and 2022 include estimates for allowance for doubtful accounts on accounts receivable, the estimates for obsolete or slow moving inventory, estimates used in the calculation of progress towards completion on uncompleted jobs, the useful life of property and equipment, assumptions used in assessing impairment of long-term assets, the estimate of the fair value lease liability and related right of use asset, the valuation of redeemable and mandatorily redeemable preferred stock, the value of beneficial conversion features and deemed dividends, the valuation allowances for deferred tax assets, and the fair value of non-cash equity transactions.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2023Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
26648 | usd |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
26648 | usd |
CY2023Q1 | cbnt |
Beneficial Conversion Feature
BeneficialConversionFeature
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Beneficial Conversion Feature</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Convertible debt includes conversion terms that are considered in the money compared to the market price of the stock on the date of the related agreement. The Company calculates the beneficial conversion feature and records a debt discount with the amount being amortized to interest expense over the term of the note.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2023Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
3624 | usd |
CY2022Q1 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
3121 | usd |
CY2023Q1 | cbnt |
Costs Incurred
CostsIncurred
|
0 | usd |
CY2022Q1 | cbnt |
Costs Incurred
CostsIncurred
|
0 | usd |
cbnt |
Research And Development Costs
ResearchAndDevelopmentCosts
|
4155 | usd | |
cbnt |
Research And Development Costs
ResearchAndDevelopmentCosts
|
41818 | usd | |
CY2023Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1997216731 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
526648041 | shares |
CY2023Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
234210 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
304964 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
35522 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
35522 | usd |
CY2023Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
198688 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
269442 | usd |
CY2023Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2022Q1 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
111 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1501 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
59235 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
75945 | usd |
CY2023Q1 | us-gaap |
Inventory Gross
InventoryGross
|
59346 | usd |
CY2022Q4 | us-gaap |
Inventory Gross
InventoryGross
|
77446 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
59346 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
77446 | usd |
CY2022Q3 | cbnt |
Current Exercise Price
CurrentExercisePrice
|
0.011 | |
CY2022Q3 | cbnt |
New Exercise Price
NewExercisePrice
|
0.009 | |
CY2023Q1 | us-gaap |
Goodwill
Goodwill
|
350491 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
350491 | usd |
CY2023Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12626 | usd |
CY2022Q1 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
12626 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
263930 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
263930 | usd |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
175848 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
167624 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
88082 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
96306 | usd |
CY2023Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
8224 | usd |
CY2022Q1 | us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
10284 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P5Y | |
CY2023Q1 | us-gaap |
Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
|
212516 | usd |
CY2022Q4 | us-gaap |
Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
|
212516 | usd |
CY2023Q1 | us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P5Y | |
CY2023Q1 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
40000 | usd |
CY2022 | us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
40000 | usd |
CY2023Q1 | us-gaap |
Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
|
100000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
|
100000 | usd |
CY2023Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
352516 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
352516 | usd |
CY2023Q1 | us-gaap |
Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
|
85224 | usd |
CY2022Q4 | us-gaap |
Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
|
72598 | usd |
CY2023Q1 | cbnt |
Finite Lived Intangible Assets Net1
FiniteLivedIntangibleAssetsNet1
|
267292 | usd |
CY2022Q4 | cbnt |
Finite Lived Intangible Assets Net1
FiniteLivedIntangibleAssetsNet1
|
279918 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Conversion Price Decrease
DebtInstrumentConvertibleConversionPriceDecrease
|
0.011 | |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.011 | |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.025 | |
CY2022Q2 | cbnt |
Deemed Dividents
DeemedDividents
|
3702 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
50503 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
50503 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
50503 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
15783 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
167292 | usd |
CY2021Q4 | cbnt |
Original Issue Discount Rate
OriginalIssueDiscountRate
|
0.10 | pure |
CY2021Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
825000 | usd |
CY2021Q4 | cbnt |
Warrant To Purchase Shares Of Common Stock
WarrantToPurchaseSharesOfCommonStock
|
16500000 | shares |
CY2021Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.05 | |
CY2021Q4 | cbnt |
Conversion Shares Percent
conversionSharesPercent
|
0.50 | pure |
CY2021Q4 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
680000 | usd |
CY2021Q4 | cbnt |
Original Issued Discount Rate
OriginalIssuedDiscountRate
|
75000 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two And Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwoAndThree
|
60000 | usd |
CY2021Q4 | us-gaap |
Legal Fees
LegalFees
|
10000 | usd |
CY2023Q1 | cbnt |
Future Financings Percentage
FutureFinancingsPercentage
|
0.30 | pure |
CY2022Q2 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
33000000 | shares |
CY2022Q2 | cbnt |
Original Issue Discount Rate
OriginalIssueDiscountRate
|
0.10 | pure |
CY2022Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
825000 | usd |
CY2022Q2 | us-gaap |
Long Term Debt Maturity Date
LongTermDebtMaturityDate
|
2022-10-15 | |
CY2022Q2 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.04 | pure |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.0125 | |
CY2022Q2 | cbnt |
Conversion Price Per Share
ConversionPricePerShare
|
0.00875 | |
CY2022Q4 | cbnt |
Penalty Amount
PenaltyAmount
|
206250 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
|
0.25 | pure |
CY2022Q4 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
206250 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.18 | pure |
CY2022 | cbnt |
Initial Note
InitialNote
|
1031250 | usd |
CY2022Q2 | cbnt |
Warrant To Purchase Shares Of Common Stock
WarrantToPurchaseSharesOfCommonStock
|
16500000 | shares |
CY2022Q2 | cbnt |
Warrant To Purchase Shares Of Common Stock
WarrantToPurchaseSharesOfCommonStock
|
33000000 | shares |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.025 | |
CY2022Q4 | cbnt |
Aggregate Noncash Debt Discount
AggregateNoncashDebtDiscount
|
680000 | usd |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P4Y | |
CY2022Q3 | us-gaap |
Debt Instrument Convertible Conversion Price Decrease
DebtInstrumentConvertibleConversionPriceDecrease
|
0.009 | |
CY2022Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.009 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.009 | |
CY2022Q3 | cbnt |
Deemed Dividents
DeemedDividents
|
733 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
104250 | usd |
CY2022Q4 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
100000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two And Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwoAndThree
|
4250 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.22 | pure |
CY2022Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
64250 | usd |
CY2022Q4 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
60000 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two And Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwoAndThree
|
4250 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.22 | pure |
CY2023Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
54250 | usd |
CY2023Q1 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
50000 | usd |
CY2023Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Rolling Year Two And Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwoAndThree
|
4250 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.22 | pure |
CY2022Q4 | us-gaap |
Debtor In Possession Financing Interest Rate On Borrowings Outstanding
DebtorInPossessionFinancingInterestRateOnBorrowingsOutstanding
|
1.15 | pure |
CY2023Q1 | us-gaap |
Debtor In Possession Financing Interest Rate On Borrowings Outstanding
DebtorInPossessionFinancingInterestRateOnBorrowingsOutstanding
|
1.25 | pure |
CY2023Q1 | cbnt |
Conversion Of Percentage
ConversionOfPercentage
|
0.65 | pure |
CY2022Q4 | cbnt |
Excess Outstanding Shares Percentage
ExcessOutstandingSharesPercentage
|
0.0499 | pure |
CY2022Q4 | cbnt |
Aggregate Debt Premium
AggregateDebtPremium
|
90731 | usd |
CY2023Q1 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1593 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
206250 | usd |
CY2023Q1 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
134162 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
83138 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1254000 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1199750 | usd |
CY2023Q1 | cbnt |
Add Put Premium
AddPutPremium
|
119943 | usd |
CY2022Q4 | cbnt |
Add Put Premium
AddPutPremium
|
90731 | usd |
CY2023Q1 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
10625 | usd |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
7968 | usd |
CY2023Q1 | cbnt |
Convertible Note Payable Net
ConvertibleNotePayableNet
|
1363318 | usd |
CY2022Q4 | cbnt |
Convertible Note Payable Net
ConvertibleNotePayableNet
|
1282513 | usd |
CY2023Q1 | cbnt |
Less Current Portion Of Convertible Note Payable
LessCurrentPortionOfConvertibleNotePayable
|
1194818 | usd |
CY2022Q4 | cbnt |
Less Current Portion Of Convertible Note Payable
LessCurrentPortionOfConvertibleNotePayable
|
1031250 | usd |
CY2023Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
168500 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
251263 | usd |
CY2023Q1 | us-gaap |
Notes Payable
NotesPayable
|
1851244 | usd |
CY2022Q4 | us-gaap |
Notes Payable
NotesPayable
|
1899380 | usd |
CY2023Q1 | cbnt |
Note Payable Ppp Note
NotePayable_PppNote
|
18823 | usd |
CY2022Q4 | cbnt |
Note Payable Ppp Note
NotePayable_PppNote
|
18823 | usd |
CY2023Q1 | cbnt |
Total Notes Payable
TotalNotesPayable
|
1870067 | usd |
CY2022Q4 | cbnt |
Total Notes Payable
TotalNotesPayable
|
1918203 | usd |
CY2023Q1 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
70638 | usd |
CY2022Q4 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
132961 | usd |
CY2023Q1 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
1799429 | usd |
CY2022Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
1785242 | usd |
CY2023Q1 | cbnt |
Less Current Portion Of Notes Payable
LessCurrentPortionOfNotesPayable
|
-1592207 | usd |
CY2022Q4 | cbnt |
Less Current Portion Of Notes Payable
LessCurrentPortionOfNotesPayable
|
-1576438 | usd |
CY2023Q1 | cbnt |
Notes Payable Longterm
NotesPayableLongterm
|
207222 | usd |
CY2022Q4 | cbnt |
Notes Payable Longterm
NotesPayableLongterm
|
208804 | usd |
CY2018Q4 | cbnt |
Proceeds From Notes Payables
ProceedsFromNotesPayables
|
400000 | usd |
CY2018Q4 | cbnt |
Outstanding Interest Rate Percentage
OutstandingInterestRatePercentage
|
0.18 | pure |
CY2023Q1 | cbnt |
Loan Agreement Description
LoanAgreementDescription
|
In the event that the Company’s accounts receivable balance plus inventory balance is less than paid principal balance of the Note as of December 31, 2018, the Company shall have 45 days (through and until February 15, 2019) to cure such violation and an establish accounts receivable plus inventory equal to the unpaid principal balance of the Note. Commencing March 31, 2019 and at all times thereafter through the remainder of the commitment period and for so long thereafter as there is any amount still due and owing under the Note, the Company must maintain an accounts receivable balances plus inventory such that the outstanding principal borrowed by Company under the Loan Agreement and Note is less than or equal to eighty five percent (85%) of accounts receivable plus fifty percent (50%) of inventory, all as measured at the same point in time. | |
CY2023Q1 | cbnt |
Note Balance Due
NoteBalanceDue
|
400000 | usd |
CY2023Q1 | cbnt |
Outstanding Interest Rate Percentage
OutstandingInterestRatePercentage
|
0.18 | pure |
CY2023Q1 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
309995 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
292241 | usd |
CY2023Q1 | cbnt |
Company Agreed
CompanyAgreed
|
200000 | usd |
CY2022Q4 | us-gaap |
Shares Issued
SharesIssued
|
22000000 | shares |
CY2023Q1 | cbnt |
Principal Amount
principalAmount
|
197500 | usd |
CY2022Q1 | cbnt |
Accrued Interest Payables
AccruedInterestPayables
|
6217 | usd |
CY2022Q2 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
195000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
176000 | usd |
CY2022Q2 | cbnt |
Original Issue Discount And Investor Legal Fees
OriginalIssueDiscountAndInvestorLegalFees
|
19000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
148420 | usd |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1750000 | shares |
CY2022Q2 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
21060 | usd |
CY2022Q2 | cbnt |
Outstanding Interest Rate Percentage
OutstandingInterestRatePercentage
|
0.08 | pure |
CY2022Q2 | us-gaap |
Debt Instrument Description
DebtInstrumentDescription
|
GS Capital shall have the right at any time following an Event of Default to convert all or any part of the outstanding and unpaid principal, interest, penalties, and all other amounts under this Note at a conversion price of $0.011, subject to adjustment as defined in the GS Capital Note. The Company did not calculate a beneficial conversion feature since the GS Capital Note is contingently convertible upon default on the GS Capital Note. As of December 31, 2022, the Company is not in default on this note. In the event that following the Issue Date the closing trading price of the Company’s common stock is then being traded is below $0.011 per share for more than ten consecutive trading days, then the conversion price shall be equal to $0.004 per share. The GS Capital Note contains conversion limitations providing that a holder thereof may not convert the Note to the extent (but only to the extent) that, if after giving effect to such conversion, the holder or any of its affiliates would beneficially own in excess of 4.99% of the outstanding shares of the Company’s common stock immediately after giving effect to such conversion or exercise. A holder may increase or decrease its beneficial ownership limitation upon notice to the Company provided that in no event such limitation exceeds 9.99%, and that any increase shall not be effective until the 61st day after such notice. Events of default include, amongst other items, failure to pay principal or interest, bankruptcy, delisting of the Company’s stock, financial statement restatements, or if the Company effectuates a reverse split. Upon the occurrence of any event of default, the GS Capital Note shall become immediately and automatically due and payable and the Company shall pay to GS Capital, in full satisfaction of its obligations hereunder, an amount equal to: (a) the then outstanding principal amount of this note plus (b) accrued and unpaid interest on the unpaid principal amount of this note to the date of payment (the “mandatory prepayment date”) plus (y) default interest, if any, multiplied by 120%. On December 15, 2022, the Company and GS Capital entered into a letter agreement to extend the due date of the GS Capital June 2022 note by 60 days. Specifically, the maturity date of the GS Capital June 2022 note was extended to August 23, 2023 and the next payment due date was extended to February 28, 2023. Through December 31, 2022, the Company paid $53,512 of principal balance and during the three months ended March 31, 2023, paid principal balance of $19,592. On March 31, 2023, the principal balance due on the GS Capital Note amounted to $121,896 and accrued interest payable amounted to $10,150. On December 31, 2022, the principal balance due on the GS Capital Note amounted to $141,488 and accrued interest payable amounted to $7,471. In May 2023, the GS Capital June 2022 Note was paid in full (See Note 16).On July 26, 2022, the Company closed a Securities Purchase Agreement (“July 2022 Agreement”) with GS Capital, pursuant to which a Promissory Note (“GS Capital July 2022 Note”) was made to GS Capital in the aggregate principal amount of $195,000. The GS Capital July 2022 Note was purchased for $176,000, reflecting an original issuance discount of $19,000, and was funded on July 28, 2022 (less legal and other administrative fees). The Company received net proceeds of $158,920. The Company further issued GS Capital a total of 2,600,000 commitment shares (“July 2022 Commitment Shares”) as additional consideration for the purchase of the July 2022 Note. In addition, the Company issued 998,008 of its common stock to the placement agent as fee for the capital raise, respectively. The July Commitment Shares and the placement agent shares were recorded as a debt discount of $34,606 based on the relative fair value method to be amortized over the life of the Note. Additionally, the GS Capital July 2022 Note is convertible upon an event of default into common shares at an initial effective conversion price which was lower than the fair value of common shares based on the quoted closing price of the Company’s common stock on the measurement date. Principal and interest payments shall be made in 10 installments of $21,060 each beginning on the 90th-day anniversary following the issue date and continuing thereafter each 30 days for nine months. The GS Capital July 2022 Note matures 12 months after issuance and bears interest at a rate of 8% per annum. GS Capital shall have the right at any time following an Event of Default to convert all or any part of the outstanding and unpaid principal, interest, penalties, and all other amounts under the GS Capital July 2022 Note at a conversion price of $0.011, subject to adjustment as defined in the Note. The Company did not calculate a beneficial conversion feature since the GS Capital July 2022 Note is contingently convertible upon a default on the July 2022 Note. As of December 31, 2022, the Company is not in default on this note. | |
CY2022Q4 | cbnt |
Company Paid
CompanyPaid
|
53512 | usd |
CY2023Q1 | cbnt |
Company Paid
CompanyPaid
|
19592 | usd |
CY2022Q3 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
195000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
176000 | usd |
CY2022Q3 | cbnt |
Original Issue Discount And Investor Legal Fees
OriginalIssueDiscountAndInvestorLegalFees
|
19000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
158920 | usd |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
2600000 | shares |
CY2022Q3 | us-gaap |
Shares Issued
SharesIssued
|
998008 | shares |
CY2022Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
34606 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
21060 | usd |
CY2022Q3 | cbnt |
Outstanding Interest Rate Percentage
OutstandingInterestRatePercentage
|
0.08 | pure |
CY2022Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.011 | |
CY2022Q3 | us-gaap |
Class Of Warrant Or Right Reason For Issuing To Nonemployees
ClassOfWarrantOrRightReasonForIssuingToNonemployees
|
In the event that following the Issue Date the closing trading price of the Company’s common stock is then being traded is below $0.011 per share for more than ten consecutive trading days, then the conversion price shall be equal to $0.004 per share. The July 2022 Note contains conversion limitations providing that a holder thereof may not convert the Note to the extent (but only to the extent) that, if after giving effect to such conversion, the holder or any of its affiliates would beneficially own in excess of 4.99% of the outstanding shares of the Company’s common stock immediately after giving effect to such conversion or exercise. A holder may increase or decrease its beneficial ownership limitation upon notice to the Company provided that in no event such limitation exceeds 9.99%, and that any increase shall not be effective until the 61st day after such notice. | |
CY2022 | cbnt |
Paid Principal
PaidPrincipal
|
34120 | usd |
CY2023Q1 | cbnt |
Paid Principal
PaidPrincipal
|
19391 | usd |
CY2022Q4 | us-gaap |
Notes And Loans Payable Current
NotesAndLoansPayableCurrent
|
160880 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
6441 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
195000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
|
176000 | usd |
CY2022Q3 | cbnt |
Original Issue Discount And Investor Legal Fees
OriginalIssueDiscountAndInvestorLegalFees
|
19000 | usd |
CY2022Q3 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
158920 | usd |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
3300000 | shares |
CY2022Q3 | us-gaap |
Shares Issued
SharesIssued
|
773626 | shares |
CY2023Q1 | us-gaap |
Conversion Of Stock Description
ConversionOfStockDescription
|
The September Commitment Shares and the placement agent shares were recorded as a debt discount of $30,326 based on the relative fair value method to be amortized over the life of the Note. Additionally, the September 2022 Note is convertible into common shares upon an event of default at an initial effective conversion price which was lower than the fair value of common shares based on the quoted closing price of the Company’s common stock on the measurement date. Principal and interest payments shall be made in 9 installments of $23,400 each beginning on the 120th-day anniversary following the issue date and continuing thereafter each 30 days for eight months. The September 2022 Note matures 12 months after issuance and bears interest at a rate of 8% per annum. GS Capital shall have the right at any time following an Event of Default to convert all or any part of the outstanding and unpaid principal, interest, penalties, and all other amounts under the September 2022 Note at a conversion price of $0.009, subject to adjustment as defined in the Note. The Company did not calculate a beneficial conversion feature since the GS Capital July 2022 Note is contingently convertible upon a default on the September 2022 Note. As of December 31, 2022, the Company is not in default on this note. In the event that following the Issue Date the closing trading price of the Company’s common stock is then being traded is below $0.009 per share for more than ten consecutive trading days, then the conversion price shall be equal to $0.0032 per share. The September 2022 Note contains conversion limitations providing that a holder thereof may not convert the Note to the extent (but only to the extent) that, if after giving effect to such conversion, the holder or any of its affiliates would beneficially own in excess of 4.99% of the outstanding shares of the Company’s common stock immediately after giving effect to such conversion or exercise. A holder may increase or decrease its beneficial ownership limitation upon notice to the Company provided that in no event such limitation exceeds 9.99%, and that any increase shall not be effective until the 61st day after such notice. On December 15, 2022, the Company and GS Capital entered into a letter agreement to extend the due date of the GS Capital September 2022 note by 60 days. Specifically, the maturity date of the GS Capital September 2022 note was extended to November 6, 2023 and the next payment due date was extended to March 6, 2023. On March 31, 2023, the principal balance due on the GS Capital September 2022 Note amounted to $195,000 and accrued interest payable amounted to $8,847. On December 31, 2022, the principal balance due on the GS Capital September 2022 Note amounted to $195,000 and accrued interest payable amounted to $5,001. | |
CY2023Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
195000 | usd |
CY2022Q4 | cbnt |
Common Stock
commonStock
|
112500 | shares |
CY2022 | cbnt |
Loss On Debt Extinguishment
lossOnDebtExtinguishment
|
112500 | usd |
CY2021Q2 | cbnt |
Secured Promissory Note Amount
SecuredPromissoryNoteAmount
|
500000 | usd |
CY2021Q2 | cbnt |
Annual Accrued Interest Percentage
AnnualAccruedInterestPercentage
|
0.08 | pure |
CY2021Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.18 | pure |
CY2021Q3 | cbnt |
Capital Lease Amount
CapitalLeaseAmount
|
95013 | usd |
CY2023Q1 | cbnt |
Notes Payable Vehicles And Equipment Loans
NotesPayableVehiclesAndEquipmentLoans
|
30360 | usd |
CY2022Q4 | cbnt |
Notes Payable Vehicles And Equipment Loans
NotesPayableVehiclesAndEquipmentLoans
|
39513 | usd |
CY2022Q4 | cbnt |
Received Net Proceed
ReceivedNetProceed
|
200000 | usd |
CY2022Q4 | cbnt |
Outstanding Interest Rate Percentage
OutstandingInterestRatePercentage
|
0.08 | pure |
CY2023Q1 | cbnt |
Promissory Note Amounted
PromissoryNoteAmounted
|
6312 | usd |
CY2022 | cbnt |
Promissory Note Amounted
PromissoryNoteAmounted
|
2367 | usd |
CY2023Q1 | cbnt |
Principal Amount
PrincipalAmount
|
200000 | usd |
CY2023Q1 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
62323 | usd |
CY2022 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
1477 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payment Due In Four Years
OperatingLeasesFutureMinimumPaymentDueInFourYears
|
1662845 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payment Due In Four And Five Years
OperatingLeasesFutureMinimumPaymentDueInFourAndFiveYears
|
207222 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payment Due Thereafter
OperatingLeasesFutureMinimumPaymentDueThereafter
|
1870067 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
957556 | usd |
CY2023Q1 | cbnt |
Accrued Dividend Payable
AccruedDividendPayable
|
36577 | usd |
CY2023Q1 | us-gaap |
Dividends Cash
DividendsCash
|
8169 | usd |
CY2022Q1 | us-gaap |
Dividends Cash
DividendsCash
|
9147 | usd |
CY2022 | cbnt |
Accrued Dividend Payable
AccruedDividendPayable
|
74731 | usd |
CY2023Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
300000 | |
CY2023Q1 | cbnt |
Cash Payments
CashPayments
|
275000 | usd |
CY2023Q1 | cbnt |
Conversion
Conversion
|
25000 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
|
53000 | shares |
CY2023Q1 | cbnt |
Accrued Compensations
AccruedCompensations
|
9636364 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Forfeited
StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited
|
500000 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
14250 | usd |
CY2022Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.0285 | |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
12137 | usd |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
42702 | usd |
CY2023Q1 | us-gaap |
Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
|
4046 | usd |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
16970120 | shares |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.119 | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
16970120 | shares |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.119 | |
CY2022Q1 | cbnt |
Conversion Of Stock Shares Issued
ConversionOfStockSharesIssued
|
823529 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
823529 | shares |
CY2022Q1 | cbnt |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
12963 | usd |
CY2023Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
0 | usd |
CY2022Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
0 | usd |
CY2023Q1 | cbnt |
Voting Percentage
VotingPercentage
|
0.10 | pure |
CY2023Q1 | cbnt |
Fair Market Percentage
FairMarketPercentage
|
1.10 | pure |
cbnt |
Reported Revenue
ReportedRevenue
|
102569 | usd | |
cbnt |
Bad Debt Expenses
BadDebtExpenses
|
102569 | usd | |
CY2021Q3 | us-gaap |
Bankruptcy Claims Amount Of Claims Settled
BankruptcyClaimsAmountOfClaimsSettled
|
16000 | usd |
CY2023Q1 | us-gaap |
Compensated Absences Liability
CompensatedAbsencesLiability
|
18250 | usd |
CY2022Q4 | us-gaap |
Compensated Absences Liability
CompensatedAbsencesLiability
|
18250 | usd |
CY2021Q1 | cbnt |
Bonus To Officers And Employee
BonusToOfficersAndEmployee
|
330000 | usd |
CY2021Q3 | us-gaap |
Salaries And Wages
SalariesAndWages
|
240000 | usd |
CY2021Q3 | cbnt |
Base Salaries Percentage
BaseSalariesPercentage
|
0.50 | pure |
CY2023Q1 | cbnt |
Base Salary Bonus Percentage
BaseSalaryBonusPercentage
|
0.50 | pure |
CY2022Q4 | cbnt |
Aggregate Amount
AggregateAmount
|
160000 | usd |
CY2022Q4 | us-gaap |
Other Commitments Description
OtherCommitmentsDescription
|
This bonus will be paid 10% in cash ($16,000) which was paid in December 2022 and 90% in equity amounting to $144,000 which as of December 31, 2022 had been accrued and as of December 31, 2022, was included in accrued compensation on the accompanying consolidated balance sheet. | |
CY2023Q1 | cbnt |
Bonus Owed Executive Officers
BonusOwedExecutiveOfficers
|
144000 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Dividends Shares
PreferredStockDividendsShares
|
144 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.85 | |
CY2023Q1 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
4577 | usd | |
CY2023Q1 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
On May 12, 2021 and effective June 1, 2021 | |
CY2023Q1 | cbnt |
Number Of Customer
NumberOfCustomer
|
2 | pure |
CY2023Q1 | cbnt |
Customer Accounted Sales Percentage
CustomerAccountedSalesPercentage
|
0.36 | pure |
CY2022Q1 | cbnt |
Number Of Customers
NumberOfCustomers
|
3 | pure |
CY2023Q1 | cbnt |
Number Of Customers
NumberOfCustomers
|
1 | pure |
CY2023Q1 | cbnt |
Concentration Risk Percentage
ConcentrationRiskPercentage
|
0.669 | pure |
CY2022 | cbnt |
Number Of Suppliers
NumberOfSuppliers
|
5 | pure |
CY2023Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | pure |
CY2023Q1 | cbnt |
Revenue
Revenue
|
515220 | usd |
CY2022Q1 | cbnt |
Revenue
Revenue
|
510709 | usd |
CY2023Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
20850 | usd |
CY2022Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
22910 | usd |
CY2023Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
199485 | usd |
CY2022Q1 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
248580 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-723087 | usd |
CY2022Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-1919419 | usd |
CY2023Q1 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
88082 | usd |
CY2022Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
96306 | usd |
CY2023Q1 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
515220 | usd |
CY2022Q1 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
510709 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
4444 | usd | |
CY2021Q2 | us-gaap |
Lease Cost
LeaseCost
|
5283 | usd |
CY2023Q1 | cbnt |
Lease Term
LeaseTerm
|
P60M | |
CY2023Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
5600 | usd |
CY2021Q3 | cbnt |
Lease Agreemen Description
LeaseAgreemenDescription
|
In September 2021, the Company entered into a 48-month lease agreement for the lease of office equipment under a non-cancelable operating lease through September 2025. | |
CY2021Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
365 | usd |
CY2022Q1 | cbnt |
Lease Agreemen Description
LeaseAgreemenDescription
|
In February 2022, the Company entered into a 36-month lease agreement for the lease of a vehicle under a non-cancelable operating lease through January 2025. | |
CY2022Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
788 | usd |
CY2023Q1 | cbnt |
Lease And Rental Expenses
LeaseAndRentalExpenses
|
40845 | usd |
CY2022Q1 | cbnt |
Lease And Rental Expenses
LeaseAndRentalExpenses
|
46527 | usd |
CY2023Q1 | cbnt |
Office Leases Right Of Use Assets
OfficeLeasesRightOfUseAssets
|
480293 | usd |
CY2022Q4 | cbnt |
Office Leases Right Of Use Assets
OfficeLeasesRightOfUseAssets
|
480293 | usd |
CY2023Q1 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
133600 | usd |
CY2022Q4 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
104881 | usd |
CY2023Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
346693 | usd |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
375412 | usd |
CY2023Q1 | cbnt |
Lease Liabilities Related To Office Leases Right Of Use Assets
LeaseLiabilitiesRelatedToOfficeLeasesRightOfUseAssets
|
348342 | usd |
CY2022Q4 | cbnt |
Lease Liabilities Related To Office Leases Right Of Use Assets
LeaseLiabilitiesRelatedToOfficeLeasesRightOfUseAssets
|
376566 | usd |
CY2023Q1 | cbnt |
Less Current Portion Of Lease Liabilities
LessCurrentPortionOfLeaseLiabilities
|
-120640 | usd |
CY2022Q4 | cbnt |
Less Current Portion Of Lease Liabilities
LessCurrentPortionOfLeaseLiabilities
|
-117671 | usd |
CY2023Q1 | cbnt |
Lease Liabilities Longterm
LeaseLiabilitiesLongterm
|
227702 | usd |
CY2022Q4 | cbnt |
Lease Liabilities Longterm
LeaseLiabilitiesLongterm
|
258895 | usd |
CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
22500 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payments Due Currents
OperatingLeasesFutureMinimumPaymentsDueCurrents
|
147956 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payments Due In Two Year
OperatingLeasesFutureMinimumPaymentsDueInTwoYear
|
148388 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payments Due In Three Year
OperatingLeasesFutureMinimumPaymentsDueInThreeYear
|
80934 | usd |
CY2023Q1 | cbnt |
Operating Leases Future Minimum Payments Due In Four Year
OperatingLeasesFutureMinimumPaymentsDueInFourYear
|
22400 | usd |
CY2023Q1 | cbnt |
Total Minimum Noncancelable Operating Lease Payments
TotalMinimumNoncancelableOperatingLeasePayments
|
399678 | usd |
CY2023Q1 | cbnt |
Discount To Fair Value
DiscountToFairValue
|
51336 | usd |
CY2023Q1 | cbnt |
Total Lease Liability
TotalLeaseLiability
|
348342 | usd |
CY2022Q2 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
250000 | usd |
CY2022Q2 | cbnt |
Net Proceeds
NetProceeds
|
250000 | usd |
CY2022Q2 | us-gaap |
Investment Interest Rate
InvestmentInterestRate
|
0.06 | pure |
CY2022Q2 | us-gaap |
Debt Conversion Original Debt Due Date Of Debt Day Month And Year
DebtConversionOriginalDebtDueDateOfDebtDayMonthAndYear
|
2024-05-02 | |
CY2023Q1 | cbnt |
Interest Expenses
InterestExpenses
|
3699 | usd |
CY2023Q1 | cbnt |
Accruedinterest Payabless
AccruedinterestPayabless
|
250000 | usd |
CY2023Q1 | cbnt |
Related Party Amount
RelatedPartyAmount
|
13726 | usd |
CY2023Q1 | cbnt |
Due To Related Parties Currents
DueToRelatedPartiesCurrents
|
250000 | usd |
CY2023Q1 | cbnt |
Accrued Interest Payable
AccruedInterestPayable
|
10027 | usd |
CY2023Q1 | us-gaap |
Subsequent Event Effect Of Change In Tax Status
SubsequentEventEffectOfChangeInTaxStatus
|
1989755 | usd |
us-gaap |
Subsequent Event Description
SubsequentEventDescription
|
The Company repaid and settled the BOCO Investments, LLC Note (See Note 8) with a principal balance of $400,000 and accrued interest payable of $ $310,192 for a cash payment of $200,000 and the issuance of 22,000,000 shares of the Company’s common stock. | ||
CY2022Q2 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
419260 | usd |
CY2022Q3 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
419260 | usd |
CY2022Q3 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
419260 | usd |
CY2022Q1 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
271825 | usd |
CY2022Q4 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
271825 | usd |
CY2021Q2 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
875000 | usd |
CY2022Q4 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
875000 | usd |
CY2022Q4 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
288035 | usd |
CY2022Q4 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
288035 | usd |
CY2022Q1 | us-gaap |
Early Repayment Of Senior Debt
EarlyRepaymentOfSeniorDebt
|
288035 | usd |
CY2023Q1 | dei |
Security Exchange Name
SecurityExchangeName
|
NONE | |
CY2023Q1 | us-gaap |
Capitalized Contract Cost Net Current
CapitalizedContractCostNetCurrent
|
usd | |
CY2022Q1 | cbnt |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
usd | |
CY2022Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
usd | |
CY2023Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2022Q1 | us-gaap |
Increase Decrease In Due To Other Related Parties
IncreaseDecreaseInDueToOtherRelatedParties
|
usd | |
CY2022Q1 | cbnt |
Proceeds From Sale Of Series C Preferred Stock
ProceedsFromSaleOfSeriesCPreferredStock
|
usd | |
CY2023Q1 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | |
CY2022Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | |
CY2023Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022Q1 | cbnt |
Common Stock Issued As Prepaid For Services
CommonStockIssuedAsPrepaidForServices
|
usd | |
CY2022Q1 | cbnt |
Common Stock Issued For Accrued Compensation
CommonStockIssuedForAccruedCompensation
|
usd | |
CY2023Q1 | cbnt |
Increase In Debt Discount And Paidin Capital For Beneficial Conversion Feature On Convertible Debt
IncreaseInDebtDiscountAndPaidinCapitalForBeneficialConversionFeatureOnConvertibleDebt
|
usd | |
CY2023Q1 | cbnt |
Common Stock Issued For Accouts Payable
CommonStockIssuedForAccoutsPayable
|
usd | |
CY2023Q1 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
usd | |
CY2022Q4 | us-gaap |
Inventory Adjustments
InventoryAdjustments
|
usd | |
CY2023Q1 | us-gaap |
Intermediate Life Plants Useful Life
IntermediateLifePlantsUsefulLife
|
||
CY2023Q1 | cbnt |
Goodwill Useful Life
GoodwillUsefulLife
|
||
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
pure | |
CY2023Q1 | cbnt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Grants Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsGrantsNumberOfShares
|
shares | |
CY2023Q1 | cbnt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Granted Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsGrantedWeightedAverageGrantDateFairValue
|
||
CY2023Q1 | cbnt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Shares Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsSharesVestedNumberOfShares
|
shares | |
CY2023Q1 | cbnt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Shares Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsSharesVestedWeightedAverageGrantDateFairValue
|
||
CY2023Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2023Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2023Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001421636 |