2024 Q1 Form 10-K Financial Statement

#000147793224001631 Filed on April 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $432.8K $2.424M $7.563M
YoY Change 753.07% 122.2%
Cost Of Revenue $381.2K $2.354M $6.181M
YoY Change 731.29% 93.41%
Gross Profit $51.58K $70.00K $1.382M
YoY Change 957.99% 565.3%
Gross Profit Margin 11.92% 2.89% 18.27%
Selling, General & Admin $2.562M -$638.0K $5.888M
YoY Change 28.6%
% of Gross Profit 4967.33% -911.36% 426.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $92.18K $98.07K $250.6K
YoY Change 268.04%
% of Gross Profit 178.72% 140.1% 18.13%
Operating Expenses $3.033M $1.856M $7.598M
YoY Change 151.04% 28.25%
Operating Profit -$2.981M -$1.786M -$6.217M
YoY Change 147.77% 8.74%
Interest Expense $237.7K -$1.386M $656.7K
YoY Change 144.16% 230.23%
% of Operating Profit
Other Income/Expense, Net -$1.495M -$6.572M
YoY Change -32.26% 354.55%
Pretax Income -$4.476M -$4.425M -$12.79M
YoY Change 78.54%
Income Tax
% Of Pretax Income
Net Earnings -$4.476M -$4.425M -$12.79M
YoY Change 31.26% 78.54%
Net Earnings / Revenue -1034.3% -182.56% -169.09%
Basic Earnings Per Share -$0.12
Diluted Earnings Per Share -$0.12 -$0.12 -$0.36
COMMON SHARES
Basic Shares Outstanding 40.12M shares 36.18M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $101.7K $1.412M $1.412M
YoY Change 1366.49%
Cash & Equivalents $101.7K $1.412M
Short-Term Investments
Other Short-Term Assets $1.062M $1.011M $1.011M
YoY Change 155.28%
Inventory
Prepaid Expenses
Receivables $184.7K $462.3K $462.3K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.430M $2.885M $2.885M
YoY Change -13.27% 145.27% 145.26%
LONG-TERM ASSETS
Property, Plant & Equipment $194.8K $172.4K $172.4K
YoY Change 5306.3% 4204.55% 4208.75%
Goodwill $762.9K $762.9K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.618M $1.675M $1.675M
YoY Change 53.34% 55.04% 55.04%
TOTAL ASSETS
Total Short-Term Assets $1.430M $2.885M $2.885M
Total Long-Term Assets $1.618M $1.675M $1.675M
Total Assets $3.048M $4.561M $4.561M
YoY Change 12.72% 102.07% 102.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $734.4K $304.4K $1.105M
YoY Change -30.05% -71.54% 3.27%
Accrued Expenses $1.128M $1.136M $1.136M
YoY Change 17.11% -11.65% -11.65%
Deferred Revenue
YoY Change
Short-Term Debt $1.504M $1.260M $1.260M
YoY Change -18.38%
Long-Term Debt Due $579.3K $1.420M $1.420M
YoY Change
Total Short-Term Liabilities $6.430M $6.805M $6.805M
YoY Change -24.86% 44.23% 44.23%
LONG-TERM LIABILITIES
Long-Term Debt $2.436M $935.3K $935.3K
YoY Change 7696.13% 171.42% 171.42%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $2.436M $935.3K $935.3K
YoY Change 7696.13% 171.42% 171.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.430M $6.805M $6.805M
Total Long-Term Liabilities $2.436M $935.3K $935.3K
Total Liabilities $8.866M $7.740M $7.740M
YoY Change 3.23% 52.89% 52.89%
SHAREHOLDERS EQUITY
Retained Earnings -$25.53M -$21.06M
YoY Change 118.63% 154.67%
Common Stock $4.014K $3.627K
YoY Change 13.55% 2.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$5.818M -$3.180M -$3.180M
YoY Change
Total Liabilities & Shareholders Equity $3.048M $4.561M $4.561M
YoY Change 12.72% 102.07% 102.07%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$4.476M -$4.425M -$12.79M
YoY Change 31.26% 78.54%
Depreciation, Depletion And Amortization $92.18K $98.07K $250.6K
YoY Change 268.04%
Cash From Operating Activities -$1.276M -$2.984M -$2.400M
YoY Change 17.15% -12.91%
INVESTING ACTIVITIES
Capital Expenditures $34.70K $72.02K $137.8K
YoY Change 2768.07%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$34.70K -$72.02K -$537.8K
YoY Change 11092.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 1.250M $4.254M
YoY Change -100.0% 63.31%
NET CHANGE
Cash From Operating Activities -$1.276M -2.984M -$2.400M
Cash From Investing Activities -$34.70K -72.02K -$537.8K
Cash From Financing Activities $0.00 1.250M $4.254M
Net Change In Cash -$1.311M -1.806M $1.316M
YoY Change -303.18% -944.28%
FREE CASH FLOW
Cash From Operating Activities -$1.276M -$2.984M -$2.400M
Capital Expenditures $34.70K $72.02K $137.8K
Free Cash Flow -$1.311M -$3.056M -$2.538M
YoY Change 20.33% -8.07%

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ProceedsFromNotesPayable
0 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2455000 usd
CY2023 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
4724950 usd
CY2022 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
470800 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
150000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4254150 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2605000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1316071 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-155881 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96308 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
252189 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1412379 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
96308 usd
CY2023 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2022 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
CY2023 us-gaap Interest Paid
InterestPaid
399003 usd
CY2022 us-gaap Interest Paid
InterestPaid
74515 usd
CY2023 cipi Discount On Notes Payable From Derivative Liability
DiscountOnNotesPayableFromDerivativeLiability
1563929 usd
CY2022 cipi Discount On Notes Payable From Derivative Liability
DiscountOnNotesPayableFromDerivativeLiability
0 usd
CY2023 cipi Discount On Convertible Notes Payable From Derivative Liability
DiscountOnConvertibleNotesPayableFromDerivativeLiability
2564950 usd
CY2022 cipi Discount On Convertible Notes Payable From Derivative Liability
DiscountOnConvertibleNotesPayableFromDerivativeLiability
0 usd
CY2023 cipi Shares Issued For Settlement Of Accrued Interest
SharesIssuedForSettlementOfAccruedInterest
61464 usd
CY2022 cipi Shares Issued For Settlement Of Accrued Interest
SharesIssuedForSettlementOfAccruedInterest
0 usd
CY2023 cipi Accrued Interest Settled Through Note Payable
AccruedInterestSettledThroughNotePayable
78929 usd
CY2022 cipi Accrued Interest Settled Through Note Payable
AccruedInterestSettledThroughNotePayable
0 usd
CY2023 cipi Settlement Of Derivative Liability
SettlementOfDerivativeLiability
5895190 usd
CY2022 cipi Settlement Of Derivative Liability
SettlementOfDerivativeLiability
0 usd
CY2023 cipi Shares Issued For Intangible Assets
SharesIssuedForIntangibleAssets
250000 usd
CY2022 cipi Shares Issued For Intangible Assets
SharesIssuedForIntangibleAssets
0 usd
CY2023 cipi Shares Issued For Property And Equipment
SharesIssuedForPropertyAndEquipment
57507 usd
CY2022 cipi Shares Issued For Property And Equipment
SharesIssuedForPropertyAndEquipment
0 usd
CY2023 cipi Returnable Shares Issued In Connection With Notes Payable
ReturnableSharesIssuedInConnectionWithNotesPayable
120 usd
CY2022 cipi Returnable Shares Issued In Connection With Notes Payable
ReturnableSharesIssuedInConnectionWithNotesPayable
16 usd
CY2023 cipi Return Of Returnable Shares Issued In Connection With Notes Payable
ReturnOfReturnableSharesIssuedInConnectionWithNotesPayable
136 usd
CY2022 cipi Return Of Returnable Shares Issued In Connection With Notes Payable
ReturnOfReturnableSharesIssuedInConnectionWithNotesPayable
0 usd
CY2023 cipi Discount On Note Payable From Issuance Of Warrants
DiscountOnNotePayableFromIssuanceOfWarrants
3343577 usd
CY2022 cipi Discount On Note Payable From Issuance Of Warrants
DiscountOnNotePayableFromIssuanceOfWarrants
1142378 usd
CY2023 cipi Discount On Note Payable From Derivative Liability
DiscountOnNotePayableFromDerivativeLiability
0 usd
CY2022 cipi Discount On Note Payable From Derivative Liability
DiscountOnNotePayableFromDerivativeLiability
525000 usd
CY2023 cipi Original Issuance Discount On Note Payable
OriginalIssuanceDiscountOnNotePayable
0 usd
CY2022 cipi Original Issuance Discount On Note Payable
OriginalIssuanceDiscountOnNotePayable
175000 usd
CY2023 cipi Warrants Issued For Intangible Assets
WarrantsIssuedForIntangibleAssets
0 usd
CY2022 cipi Warrants Issued For Intangible Assets
WarrantsIssuedForIntangibleAssets
119383 usd
CY2023 cipi Guaranteed Interest On Note Payable
GuaranteedInterestOnNotePayable
0 usd
CY2022 cipi Guaranteed Interest On Note Payable
GuaranteedInterestOnNotePayable
30800 usd
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of consolidated financial statements in conformity with generally accepted accounting principles in the United States of America (“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 revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2021Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 usd
CY2022 cipi Additions Derivative Liabilities
AdditionsDerivativeLiabilities
862860 usd
CY2022 cipi Changeinfairvalueof Assets
ChangeinfairvalueofAssets
-140532 usd
CY2022Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
722328 usd
CY2023 cipi Additions Derivative Liabilities
AdditionsDerivativeLiabilities
8280670 usd
CY2023 cipi Settlement Derivative Liabilities
SettlementDerivativeLiabilities
-5895190 usd
CY2023 cipi Changeinfairvalueof Assets
ChangeinfairvalueofAssets
-3107808 usd
CY2023Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
0 usd
CY2023 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
9024068 shares
CY2022 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
5284068 shares
CY2023 cipi Amount Of Dilutive Securities Warrant
AmountOfDilutiveSecuritiesWarrant
17046823 shares
CY2022 cipi Amount Of Dilutive Securities Warrant
AmountOfDilutiveSecuritiesWarrant
3780000 shares
CY2023 cipi Convertible Notes Payable Outstanding
ConvertibleNotesPayableOutstanding
1476547 usd
CY2022 cipi Convertible Notes Payable Outstanding
ConvertibleNotesPayableOutstanding
440000 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
27547438 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9504068 shares
CY2020Q2 us-gaap Policy Loans Receivable
PolicyLoansReceivable
20400 usd
CY2020Q2 cipi Note Percentage Of Interest Rate
NotePercentageOfInterestRate
0.0375 pure
CY2020Q2 cipi Long Term Debt By Maturity
LongTermDebtByMaturity
March 2050
CY2020Q2 cipi Description Of Monthly Payments
DescriptionOfMonthlyPayments
The note requires $100 monthly payments beginning in May 2022 until maturity
CY2023 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
2289329 usd
CY2023 cipi Debt Instrument Periodic Payment Discount
DebtInstrumentPeriodicPaymentDiscount
1059556 usd
CY2022 cipi Principal At Issuance
PrincipalAtIssuance
2475400 usd
CY2022 cipi Discount At Issuance
DiscountAtIssuance
1842378 usd
CY2022 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
2681200 usd
CY2022 cipi Debt Instrument Periodic Payment Discount
DebtInstrumentPeriodicPaymentDiscount
823059 usd
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
30000 usd
CY2014Q4 cipi Note Percentage Of Interest Rate
NotePercentageOfInterestRate
0.0800 pure
CY2023Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
33021 usd
CY2022Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
42130 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
4913879 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
2110000 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
0 usd
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
20400 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
7044279 usd
CY2023Q4 cipi Less Discounts
LessDiscounts
-3429039 usd
CY2023Q4 cipi Net Future Maturity
NetFutureMaturity
3615240 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q2 us-gaap Common Stock Voting Rights
CommonStockVotingRights
1:1
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
400000000 shares
CY2023 us-gaap Common Stock Voting Rights
CommonStockVotingRights
1:1
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q1 cipi Proceeds From Issuance Of Shares Under Incentive For Cash
ProceedsFromIssuanceOfSharesUnderIncentiveForCash
150000 usd
CY2022Q1 cipi Shares Issuedfor Cash Shares
SharesIssuedforCashShares
600000 shares
CY2022Q4 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
15199 usd
CY2022Q4 cipi Common Stock Returnable Commitment Shares
CommonStockReturnableCommitmentShares
80000 shares
CY2022 cipi Stock Issued During Period Shares Issues
StockIssuedDuringPeriodSharesIssues
14206 shares
CY2022 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
15057 usd
CY2023 cipi Common Stock Returnable Commitment Shares
CommonStockReturnableCommitmentShares
80000 shares
CY2023Q1 cipi Stock Issued During Period Shares Issues
StockIssuedDuringPeriodSharesIssues
4245 shares
CY2023Q1 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
4500 usd
CY2023Q1 cipi Stock Issued During Period Shares Issues
StockIssuedDuringPeriodSharesIssues
17045 shares
CY2023Q1 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
15000 usd
CY2023 cipi Description For Returnable Shares
DescriptionForReturnableShares
the notes were paid in full and 1,360,000 returnable shares, consisting of 160,000 shares issued in 2022, as noted above, and 1,200,000 shares issued
CY2023Q2 cipi Stock Issued During Period Shares Issues
StockIssuedDuringPeriodSharesIssues
92010 shares
CY2023Q2 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
57506 usd
CY2023 cipi Stock Issued During Period Shares Issues
StockIssuedDuringPeriodSharesIssues
362319 shares
CY2023 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
250000 usd
CY2023 cipi Stock Issued During Period Shares Issues
StockIssuedDuringPeriodSharesIssues
55306 shares
CY2023 cipi Stock Issued During Period Amount Issues
StockIssuedDuringPeriodAmountIssues
82959 usd
CY2023Q4 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
61464 usd
CY2022Q4 cipi Developer Fees Received Percentage
DeveloperFeesReceivedPercentage
0.25 pure
CY2022Q4 cipi Warrants Issueduring Period
WarrantsIssueduringPeriod
75000 shares
CY2022Q4 cipi Warrant Issued Value
WarrantIssuedValue
119383 usd
CY2023 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
2740000 shares
CY2023 cipi Options To Purchase Shares Of Common Stock Shares
OptionsToPurchaseSharesOfCommonStockShares
250000 shares
CY2023 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
0.77
CY2023 cipi Options To Purchase Shares
OptionsToPurchaseShares
5253731 shares
CY2023Q4 cipi Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Total Expenses
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedTotalExpenses
2957252 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1003183 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
263119 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
740064 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
380933 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
67279 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
313654 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
319884 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
286852 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
133328 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
740064 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 cipi Temporary Differences
TemporaryDifferences
0.01 pure
CY2022 cipi Temporary Differences
TemporaryDifferences
0.05 pure
CY2023 cipi Permanent Differences
PermanentDifferences
-0.04 pure
CY2022 cipi Permanent Differences
PermanentDifferences
-0.06 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.18 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.20 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3260000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1589000 usd
CY2023Q4 cipi Deferred Tax Assets Temporary Differences
DeferredTaxAssetsTemporaryDifferences
1040000 usd
CY2022Q4 cipi Deferred Tax Assets Temporary Differences
DeferredTaxAssetsTemporaryDifferences
217000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4300000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1806000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2494000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1567000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
13899180 usd
CY2023Q4 cipi Operating Loss Carry Forwards Indefinitely
OperatingLossCarryForwardsIndefinitely
13601748 usd

Files In Submission

Name View Source Status
0001477932-24-001631-index-headers.html Edgar Link pending
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0001477932-24-001631.txt Edgar Link pending
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cipi-20231231.xsd Edgar Link pending
cipi_10k.htm Edgar Link pending
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