2023 Q4 Form 10-Q Financial Statement

#000147793223008689 Filed on November 20, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $15.84M $12.82M
YoY Change 31.44% 6.72%
Cost Of Revenue $14.61M $11.61M
YoY Change 25.77% 13.46%
Gross Profit $1.231M $1.215M
YoY Change 182.8% -31.9%
Gross Profit Margin 7.77% 9.47%
Selling, General & Admin $14.68M $2.731M
YoY Change 86.35% 89.77%
% of Gross Profit 1192.73% 224.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $135.9K $124.9K
YoY Change -179.84% 50.11%
% of Gross Profit 11.04% 10.28%
Operating Expenses $14.82M $4.232M
YoY Change 91.61% 98.87%
Operating Profit -$13.59M -$3.017M
YoY Change 86.17% 776.84%
Interest Expense $79.87K $151.3K
YoY Change -109.33% -67.25%
% of Operating Profit
Other Income/Expense, Net -$51.54K -$397.8K
YoY Change -97.82% -67.68%
Pretax Income -$13.75M -$3.415M
YoY Change 30.75% 116.87%
Income Tax $0.00 $65.87K
% Of Pretax Income
Net Earnings -$20.98M -$3.349M
YoY Change -44.94% 69.77%
Net Earnings / Revenue -132.44% -26.12%
Basic Earnings Per Share -$0.27
Diluted Earnings Per Share -$1.52 -$0.27
COMMON SHARES
Basic Shares Outstanding 13.40M shares 10.62M shares
Diluted Shares Outstanding 12.59M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.853M $2.378M
YoY Change -81.44% 637.71%
Cash & Equivalents $3.833M $2.361M
Short-Term Investments $20.08K $17.53K
Other Short-Term Assets $6.253M $8.736M
YoY Change 15.13% 25.63%
Inventory $4.789M $5.960M
Prepaid Expenses
Receivables $19.76M $25.59M
Other Receivables $854.3K $812.0K
Total Short-Term Assets $36.61M $46.49M
YoY Change -34.68% 19.66%
LONG-TERM ASSETS
Property, Plant & Equipment $10.46M $10.25M
YoY Change 475.42% 606.9%
Goodwill $49.70K $49.70K
YoY Change 0.0% 0.0%
Intangibles $7.634M $4.016M
YoY Change 1061.64% 534.7%
Long-Term Investments
YoY Change
Other Assets $3.058M $2.600M
YoY Change 328.51% 139.22%
Total Long-Term Assets $29.41M $25.04M
YoY Change 145.19% 269.73%
TOTAL ASSETS
Total Short-Term Assets $36.61M $46.49M
Total Long-Term Assets $29.41M $25.04M
Total Assets $66.01M $71.53M
YoY Change -2.97% 56.78%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.14M $12.74M
YoY Change 0.16% 8.62%
Accrued Expenses $166.3K $82.50K
YoY Change -39.63% -95.89%
Deferred Revenue
YoY Change
Short-Term Debt $6.655M $5.378M
YoY Change 13.13% -36.65%
Long-Term Debt Due $1.598M $1.188M
YoY Change -29.15% -90.48%
Total Short-Term Liabilities $24.32M $22.59M
YoY Change 11.83% -38.8%
LONG-TERM LIABILITIES
Long-Term Debt $1.327M $3.422M
YoY Change -56.7% 1138.98%
Other Long-Term Liabilities $1.764M $321.4K
YoY Change 29.81% -85.12%
Total Long-Term Liabilities $1.764M $321.4K
YoY Change 29.81% 16.34%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.32M $22.59M
Total Long-Term Liabilities $1.764M $321.4K
Total Liabilities $29.97M $26.96M
YoY Change 5.6% -33.38%
SHAREHOLDERS EQUITY
Retained Earnings -$91.64M -$71.04M
YoY Change 38.37% 30.72%
Common Stock $15.98K $13.07K
YoY Change 50.7% -50.43%
Preferred Stock
YoY Change
Treasury Stock (at cost) $917.2K $917.0K
YoY Change 12.3% 12.28%
Treasury Stock Shares
Shareholders Equity $36.04M $44.20M
YoY Change
Total Liabilities & Shareholders Equity $66.01M $71.53M
YoY Change -2.97% 56.78%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$20.98M -$3.349M
YoY Change -44.94% 69.77%
Depreciation, Depletion And Amortization $135.9K $124.9K
YoY Change -179.84% 50.11%
Cash From Operating Activities $951.7K -$4.528M
YoY Change -109.22% 196.19%
INVESTING ACTIVITIES
Capital Expenditures $3.558M $484.7K
YoY Change 10343.5% 16218.52%
Acquisitions
YoY Change
Other Investing Activities $197.0K -$1.475M
YoY Change 141.67% -1768.3%
Cash From Investing Activities -$3.361M -$1.949M
YoY Change -7186.44% -2233.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 4.292M 6.342M
YoY Change -85.96% 531.25%
NET CHANGE
Cash From Operating Activities 951.7K -4.528M
Cash From Investing Activities -3.361M -1.949M
Cash From Financing Activities 4.292M 6.342M
Net Change In Cash 1.883M -135.2K
YoY Change -90.72% -68.74%
FREE CASH FLOW
Cash From Operating Activities $951.7K -$4.528M
Capital Expenditures $3.558M $484.7K
Free Cash Flow -$2.606M -$5.012M
YoY Change -74.82% 227.26%

Facts In Submission

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cosm Gain Loss On Sales Of Equity Investments
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CY2023Q3 cosm Gain On Extinguishment Of Debt
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cosm Gain On Extinguishment Of Debt
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CY2023Q3 cosm Change In Fair Value Of Derivative Liability
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CY2022Q3 cosm Change In Fair Value Of Derivative Liability
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CY2023Q3 cosm Bargain Purchase Gain
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CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q3 us-gaap Income Tax Expense Benefit
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CY2023Q3 us-gaap Net Income Loss
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CY2023Q3 cosm Deemed Dividend On Issuance Of Warrants
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CY2023Q3 cosm Deemed Dividend On Downround Of Warrants
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CY2022Q3 cosm Deemed Dividend On Downround Of Warrants
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CY2023Q3 cosm Deemed Dividend On Downround Of Preferred Stock
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CY2023Q3 us-gaap Weighted Average Limited Partnership Units Outstanding Diluted
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CY2022Q1 cosm Cashless Exercise Of Warrants Amount
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StockholdersEquity
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CY2023Q2 cosm Shares Issued For Purchase Of Customer Base Amount
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CY2023Q3 cosm Stock Based Compensation
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CY2023Q3 cosm Deemed Dividend Upon Downround Of Preferred Stock And
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us-gaap Amortization Of Debt Discount Premium
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us-gaap Provision For Doubtful Accounts
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cosm Provisions For Extraordinary Tax Charges
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cosm Provisions For Extraordinary Tax Charges
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cosm Shares Issued In Lieu Of Cash
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cosm Shares Issued In Lieu Of Cash
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LeaseAndRentalExpense
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cosm Gain Loss On Bargain Purchase
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cosm Gain Loss On Bargain Purchase
GainLossOnBargainPurchase
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cosm Change In Fair Value Of The Derivative Liability
ChangeInFairValueOfTheDerivativeLiability
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cosm Change In Fair Value Of The Derivative Liability
ChangeInFairValueOfTheDerivativeLiability
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us-gaap Gain Loss On Investments
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cosm Increase Decrease In Prepaid Expenses And Other Current Assets Related Party
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cosm Increase Decrease In Prepaid Expenses And Other Current Assets Related Party
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cosm Increase Decrease In Other Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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cosm Sale Of Fixed Assets
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cosm Proceeds From Issuance Of Series A Preferred Stock
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cosm Financing Fees From The Sale Of Common Stock
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
25898 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20749683 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
286487 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2360604 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
312385 usd
us-gaap Interest Paid
InterestPaid
371846 usd
us-gaap Interest Paid
InterestPaid
317449 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
cosm Common Shares Issued For Acquisition Of Customer Base
CommonSharesIssuedForAcquisitionOfCustomerBase
316081 shares
cosm Common Shares Issued For Acquisition Of Cana
CommonSharesIssuedForAcquisitionOfCana
138667 shares
cosm Conversion Of Notes Payable To Common Stock
ConversionOfNotesPayableToCommonStock
0 usd
cosm Conversion Of Notes Payable To Common Stock
ConversionOfNotesPayableToCommonStock
973420 usd
us-gaap Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
959025 shares
cosm Deemed Dividend On Warrants Upon Conversion Of Convertible Debt
DeemedDividendOnWarrantsUponConversionOfConvertibleDebt
0 usd
cosm Deemed Dividend On Warrants Upon Conversion Of Convertible Debt
DeemedDividendOnWarrantsUponConversionOfConvertibleDebt
5788493 usd
cosm Deemed Dividend On Preferred Stock And Warrants Upon Trigger Of Downround Feature
DeemedDividendOnPreferredStockAndWarrantsUponTriggerOfDownroundFeature
0 usd
cosm Deemed Dividend On Preferred Stock And Warrants Upon Trigger Of Downround Feature
DeemedDividendOnPreferredStockAndWarrantsUponTriggerOfDownroundFeature
16669894 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
0 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
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us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
0 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
2427693 usd
cosm Conversion Of Convertible Debt
ConversionOfConvertibleDebt
0 usd
cosm Conversion Of Convertible Debt
ConversionOfConvertibleDebt
38144 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of the condensed 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 financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
7735425 usd
CY2023Q3 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
456788 usd
CY2022Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
79373 usd
CY2023Q3 us-gaap Depreciation
Depreciation
124910 usd
CY2022Q3 us-gaap Depreciation
Depreciation
83214 usd
us-gaap Depreciation
Depreciation
237479 usd
us-gaap Depreciation
Depreciation
248670 usd
CY2018Q4 us-gaap Goodwill
Goodwill
49697 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
88168 usd
CY2022Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36982 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
138438 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
53389 usd
CY2023Q3 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
17532 usd
CY2022Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
14881 usd
cosm Potential Common Shares
PotentialCommonShares
6124412 shares
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
317129 usd
cosm Reclassifications To Prior Period Financial Statements And Adjustmentstextblock
ReclassificationsToPriorPeriodFinancialStatementsAndAdjustmentstextblock
Certain reclassifications have been made in the Company’s financial statements of the prior period to correct an immaterial classification error.  As of December 31, 2022, $322,010 was reclassified from “Other assets” to “Accounts receivable, net”.
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
322010 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11141579 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
103193 usd
CY2023Q3 us-gaap Line Of Credit
LineOfCredit
5354752 usd
CY2022Q4 us-gaap Line Of Credit
LineOfCredit
5758737 usd
CY2021Q4 us-gaap Short Term Debt Interest Rate Increase
ShortTermDebtInterestRateIncrease
0.055 pure
CY2021Q4 cosm Threshold Period Past Due For Writeoffs Of Financing Receivable
ThresholdPeriodPastDueForWriteoffsOfFinancingReceivable
P360D
CY2021Q4 cosm Decription Of Loan Payment
DecriptionOfLoanPayment
Company is to receive 120 equal payments over the term of the loan
CY2022Q4 us-gaap Interest Receivable
InterestReceivable
377038 usd
CY2022Q4 us-gaap Nontrade Receivables
NontradeReceivables
3792034 usd
us-gaap Debt Instrument Periodic Payment
DebtInstrumentPeriodicPayment
277838 usd
CY2023Q3 us-gaap Interest Receivable
InterestReceivable
388693 usd
CY2023Q3 us-gaap Nontrade Receivables
NontradeReceivables
3458115 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-473296 usd
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13068693 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10605412 shares
CY2023Q3 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
12982196 shares
CY2022Q4 us-gaap Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
10589915 shares
CY2023Q1 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
100000 usd
CY2021Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
640000 usd
cosm Payments To Convertible Debt
PaymentsToConvertibleDebt
100000 usd
CY2022 cosm Payments To Convertible Debt
PaymentsToConvertibleDebt
525000 usd
us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
0 usd
CY2022 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
15000 usd
CY2023Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
0 usd
CY2022Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
100000 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
54293 usd
cosm Reduction Of Derivative Related To Conversions
ReductionOfDerivativeRelatedToConversions
-50909 usd
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-3384 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
0 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022Q4 us-gaap Notes Payable
NotesPayable
5017987 usd
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
1034798 usd
cosm Payments Of Debt
PaymentsOfDebt
-1489183 usd
us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
306637 usd
cosm Foreign Currency Transaction Gain Losses Realized
ForeignCurrencyTransactionGainLossesRealized
-37011 usd
CY2023Q3 cosm Note Payable
NotePayable
4219954 usd
CY2023Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
3160277 usd
CY2023Q3 us-gaap Notes Payable Current
NotesPayableCurrent
1059677 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1059977 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
905048 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1412743 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
202401 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
640085 usd
CY2023Q3 us-gaap Long Term Debt
LongTermDebt
4219954 usd
CY2023Q3 us-gaap Notes Payable Current
NotesPayableCurrent
1059677 usd
CY2023Q3 us-gaap Long Term Notes Payable
LongTermNotesPayable
3160277 usd
CY2023Q3 cosm Trade Finance Facility Agreement Interest Rate Description
TradeFinanceFacilityAgreementInterestRateDescription
one-month Euribor (3.39% as of September 30, 2023), and 6% plus one-month LIBOR (5.18% as of date of September 30, 2023), respectively
CY2023Q3 cosm Final Repayment Shares
FinalRepaymentShares
1965600 shares
CY2023Q3 cosm Repayment Of Installment
RepaymentOfInstallment
500000 usd
CY2022Q1 us-gaap Debt Current
DebtCurrent
3950000 usd
CY2022Q1 cosm Capitalized Fees
CapitalizedFees
221060 usd
CY2023Q3 cosm Non Cash Interest Expenses
NonCashInterestExpenses
23820 usd
CY2022 cosm Total Repayments Of Debt
TotalRepaymentsOfDebt
191100 usd
CY2022Q4 us-gaap Debt Instrument Periodic Payment Terms Balloon Payment To Be Paid
DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
2593363 usd
CY2022Q4 cosm Loan Amount Principal
LoanAmountPrincipal
1898895 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
17434 usd
CY2021Q3 us-gaap Debt Current
DebtCurrent
578850 usd
cosm Operating Lease Term Of Agreements
OperatingLeaseTermOfAgreements
The Company has various operating and finance lease agreements with terms up to 10 years
cosm Operating Lease Weighted Average Remaining Lease Terms
OperatingLeaseWeightedAverageRemainingLeaseTerms
P6DT15H
cosm Operating Lease Weighted Average Discount Rate
OperatingLeaseWeightedAverageDiscountRate
0.0674 pure
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
50690 usd
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
50209 usd
cosm Finance Lease Weighted Average Remaining Lease Terms
FinanceLeaseWeightedAverageRemainingLeaseTerms
P2DT19H
cosm Finance Lease Weighted Average Discount Rate
FinanceLeaseWeightedAverageDiscountRate
0.0674 pure
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
20629 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
11645 usd
CY2023Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6920 usd
CY2022Q3 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4012 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
102549 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
60935 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
35452 usd
CY2022Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
21628 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
118847 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
71172 usd
CY2023Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
41094 usd
CY2022Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
24495 usd
cosm Compensation For Non Pecuniary Damage Amounting
CompensationForNonPecuniaryDamageAmounting
21744 usd
cosm Payment Tax
PaymentTax
99644 usd
CY2021Q3 cosm Advisory Description
AdvisoryDescription
the Company paid $100,000. The $100,000 bonus was incurred and settled within 2022. Finally, the Consultant received a total of 10,000 shares of the Company’s common stock, 2,000 of such shares that have been previously issued pursuant to previous agreements and additional 15,258 shares that were issued on February 2, 2023, based on the amendment signed on February 1, 2023
CY2022Q2 cosm Research And Development Agreement Expenses
ResearchAndDevelopmentAgreementExpenses
The cost of the projects amount to EUR 820,000 ($891,504) which is allocated to certain phases. The amount will be due and payable upon completion of the corresponding phases. The Company records the corresponding R&D expense based on the project’s progress, which is actually invoiced by the third party in the relevant period. No such costs were incurred for the three and nine month periods ended September 30, 2023 or 2022
cosm Discription Of Incentive Stock Awards
DiscriptionOfIncentiveStockAwards
The awards are in the form of restricted stock and will vest in two parts: 50% on October 2, 2023 and 50% on October 2, 2024
CY2023Q2 cosm Awarded Shares
AwardedShares
185000 shares
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
109636 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
214505 usd
CY2023Q3 us-gaap Revenues
Revenues
12823797 usd
CY2022Q3 us-gaap Revenues
Revenues
12016098 usd
us-gaap Revenues
Revenues
37537003 usd
us-gaap Revenues
Revenues
38296402 usd
CY2023Q3 us-gaap Revenues
Revenues
12823797 usd
CY2023Q3 cosm Segment Reporting Profit Loss
SegmentReportingProfitLoss
-4254902 usd
CY2023Q3 us-gaap Assets
Assets
71525379 usd
us-gaap Revenues
Revenues
37537003 usd
cosm Segment Reporting Profit Loss
SegmentReportingProfitLoss
-5726644 usd
CY2023Q3 us-gaap Assets
Assets
71525379 usd

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