2023 Q1 Form 10-Q Financial Statement

#000149315223018535 Filed on May 22, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $156.9K $103.8K $142.5K
YoY Change 10.09% -51.55% 10079.29%
Cost Of Revenue $97.87K $103.0K $79.22K
YoY Change 23.54% -62.37%
Gross Profit $59.02K $750.00 $63.29K
YoY Change -6.74% -101.26% 4420.71%
Gross Profit Margin 37.62% 0.72% 44.41%
Selling, General & Admin $817.6K $588.6K $1.517M
YoY Change -46.1% -15.68% 476.22%
% of Gross Profit 1385.22% 78482.67% 2396.67%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $21.74K $21.74K
YoY Change -100.0% 117.18%
% of Gross Profit 0.0% 2898.67% 34.35%
Operating Expenses $828.4K $610.4K $1.539M
YoY Change -46.16% -13.8% 484.46%
Operating Profit -$769.4K -$609.6K -$1.475M
YoY Change -47.85% -20.59% 463.41%
Interest Expense $1.971M -$85.57K -$1.024M
YoY Change -292.49% 1932.54% 26703.14%
% of Operating Profit
Other Income/Expense, Net $0.00 -$142.7K $15.00K
YoY Change -100.0% -165.32% -90.67%
Pretax Income -$2.771M -$837.9K -$2.484M
YoY Change 11.56% 51.41% 2269.04%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$2.771M -$837.9K -$2.484M
YoY Change 11.56% 51.41% 2269.04%
Net Earnings / Revenue -1766.38% -807.46% -1743.16%
Basic Earnings Per Share -$0.11 -$0.11
Diluted Earnings Per Share -$0.11 -$0.04 -$110.4K
COMMON SHARES
Basic Shares Outstanding 25.10M shares 24.55M shares 22.50M shares
Diluted Shares Outstanding 25.10M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.68K $110.6K $98.80K
YoY Change -83.12% 46.12% -88.32%
Cash & Equivalents $16.68K $110.6K $98.80K
Short-Term Investments
Other Short-Term Assets $57.72K $81.32K $1.082M
YoY Change -94.66% -5.64%
Inventory
Prepaid Expenses $57.72K $81.32K
Receivables
Other Receivables
Total Short-Term Assets $74.39K $191.9K $1.180M
YoY Change -93.7% 18.56% 39.34%
LONG-TERM ASSETS
Property, Plant & Equipment $50.00K
YoY Change
Goodwill $740.5K $740.5K
YoY Change 0.0%
Intangibles $574.2K
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $50.00K
YoY Change
Total Long-Term Assets $1.304M $1.365M $1.347M
YoY Change -3.22% 0.49%
TOTAL ASSETS
Total Short-Term Assets $74.39K $191.9K $1.180M
Total Long-Term Assets $1.304M $1.365M $1.347M
Total Assets $1.378M $1.557M $2.528M
YoY Change -45.47% 2.42% 198.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.458M $2.266M $2.000M
YoY Change 22.92% 17.16% 4.19%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $2.361M $2.211M $1.980M
YoY Change 19.28% 397.49% 559.88%
Total Short-Term Liabilities $4.879M $4.477M $3.979M
YoY Change 22.61% 88.24% 79.31%
LONG-TERM LIABILITIES
Long-Term Debt $138.9K $139.1K $157.4K
YoY Change -11.76% -11.61% -25.37%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $138.9K $139.1K $157.4K
YoY Change -11.76% -11.61% -25.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.879M $4.477M $3.979M
Total Long-Term Liabilities $138.9K $139.1K $157.4K
Total Liabilities $5.018M $4.616M $4.137M
YoY Change 21.31% 82.04% 70.23%
SHAREHOLDERS EQUITY
Retained Earnings -$42.30M -$39.53M
YoY Change 16.72%
Common Stock $38.66M $36.47M
YoY Change 11.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$3.640M -$3.059M -$1.609M
YoY Change
Total Liabilities & Shareholders Equity $1.378M $1.557M $2.528M
YoY Change -45.47% 2.42% 198.36%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income -$2.771M -$837.9K -$2.484M
YoY Change 11.56% 51.41% 2269.04%
Depreciation, Depletion And Amortization $0.00 $21.74K $21.74K
YoY Change -100.0% 117.18%
Cash From Operating Activities -$287.6K -$854.7K -$504.8K
YoY Change -43.03% 32.11% 2017.32%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$983.5K -$1.034M
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities $983.5K -$1.034M
YoY Change 74.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $25.00K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $193.6K -104.2K 1.561M
YoY Change -87.6% 1795.09% 85.16%
NET CHANGE
Cash From Operating Activities -$287.6K -854.7K -504.8K
Cash From Investing Activities 983.5K -1.034M
Cash From Financing Activities $193.6K -104.2K 1.561M
Net Change In Cash -$93.93K 24.55K 23.10K
YoY Change -506.62% -127.53%
FREE CASH FLOW
Cash From Operating Activities -$287.6K -$854.7K -$504.8K
Capital Expenditures $0.00 -$983.5K -$1.034M
Free Cash Flow -$287.6K $128.8K $528.7K
YoY Change -154.39%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001688126
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
usd
CY2023Q1 us-gaap Depreciation
Depreciation
usd
CY2023Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
usd
CY2022Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
usd
CY2022Q1 CRCW Loss On Disposal Of Business
LossOnDisposalOfBusiness
usd
CY2023Q1 CRCW Other Income Recovery Of Token Investment
OtherIncomeRecoveryOfTokenInvestment
usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
usd
CY2022Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
usd
CY2023Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2022Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
CY2023Q1 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
shares
CY2023Q1 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
000-55726
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
THE CRYPTO COMPANY
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-4212105
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
23823 Malibu Road
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
# 50477
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Malibu
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90265
CY2023Q1 dei City Area Code
CityAreaCode
(424)
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
228-9955
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
30402320 shares
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16677 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
110606 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
57717 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
81317 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
74394 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
191923 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
50000 usd
CY2023Q1 us-gaap Goodwill
Goodwill
740469 usd
CY2022Q4 us-gaap Goodwill
Goodwill
740469 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
563336 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
574169 usd
CY2023Q1 us-gaap Assets
Assets
1378199 usd
CY2022Q4 us-gaap Assets
Assets
1556561 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2457771 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2265548 usd
CY2023Q1 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
60000 usd
CY2023Q1 us-gaap Notes Payable Current
NotesPayableCurrent
2361218 usd
CY2022Q4 us-gaap Notes Payable Current
NotesPayableCurrent
2211353 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
4878989 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
4476901 usd
CY2023Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
125000 usd
CY2022Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
125000 usd
CY2023Q1 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
13864 usd
CY2022Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
14100 usd
CY2023Q1 us-gaap Liabilities
Liabilities
5017853 usd
CY2022Q4 us-gaap Liabilities
Liabilities
4616001 usd
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
750000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25740537 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25740537 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
23950380 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
23950380 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
25741 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
23950 usd
CY2023Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
38637372 usd
CY2022Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
36448046 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-42302767 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-39531436 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-3639654 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-3059440 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1378199 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1556561 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
156893 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
142512 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
97868 usd
CY2022Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
79218 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
59024 usd
CY2022Q1 us-gaap Gross Profit
GrossProfit
63294 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
431049 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
631390 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10833 usd
CY2022Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10833 usd
CY2022Q1 us-gaap Depreciation
Depreciation
10903 usd
CY2023Q1 CRCW Sharebased Compensation Employee
SharebasedCompensationEmployee
6761 usd
CY2022Q1 CRCW Sharebased Compensation Employee
SharebasedCompensationEmployee
163000 usd
CY2023Q1 CRCW Sharebased Compensation Nonemployee
SharebasedCompensationNonemployee
379799 usd
CY2022Q1 CRCW Sharebased Compensation Nonemployee
SharebasedCompensationNonemployee
722461 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
828442 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
1538587 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-769418 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1475293 usd
CY2023Q1 CRCW Loss On Disposal Of Business
LossOnDisposalOfBusiness
31000 usd
CY2022Q1 CRCW Other Income Recovery Of Token Investment
OtherIncomeRecoveryOfTokenInvestment
15000 usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
1970913 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
1023883 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2771331 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2484176 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2771331 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2484176 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
25097908 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22502177 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-1015815 usd
CY2022Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
3.28
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
26240 usd
CY2022Q1 CRCW Stock Compensation Expense In Connection With Issuance Of Common Stock
StockCompensationExpenseInConnectionWithIssuanceOfCommonStock
885461 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
979304 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2484176 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-1608987 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-3059440 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-3059440 usd
CY2023Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
5.00
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
25000 usd
CY2023Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
25000 usd
CY2023Q1 CRCW Stock Compensation Expense In Connection With Issuance Of Common Stock
StockCompensationExpenseInConnectionWithIssuanceOfCommonStock
386560 usd
CY2023Q1 CRCW Adjustments To Additional Paid In Capital Debt Discount For Warrants
AdjustmentsToAdditionalPaidInCapitalDebtDiscountForWarrants
1779557 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2771331 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-3639654 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-3639654 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2771331 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2484176 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
10833 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
21736 usd
CY2023Q1 us-gaap Share Based Compensation
ShareBasedCompensation
386560 usd
CY2022Q1 us-gaap Share Based Compensation
ShareBasedCompensation
885461 usd
CY2023Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1779557 usd
CY2022Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
979304 usd
CY2023Q1 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-31000 usd
CY2023Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-23600 usd
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-27157 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
192224 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
65749 usd
CY2023Q1 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
60000 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-287557 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-504769 usd
CY2022Q1 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
1033500 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1033500 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
159122 usd
CY2023Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
327750 usd
CY2022Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1535125 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
25000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
26241 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
193628 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1561366 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-93929 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
23097 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
110606 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
75699 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16677 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
98796 usd
CY2023Q1 us-gaap Cash
Cash
16677 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-2771331 usd
CY2023Q1 CRCW Working Capital
WorkingCapital
4804595 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-42302767 usd
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84F_eus-gaap--UseOfEstimates_zDNwCSx1sK5" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_862_zZy6xMEv54tc">Use of estimates</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of these consolidated financial statements in conformity with GAAP requires management to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues, and expenses and the related disclosure of contingent assets and liabilities. The Company bases its estimates on historical experience and on various other assumptions that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. The Company’s significant estimates and assumptions include but are not limited to the valuation allowances of deferred taxes, and share-based compensation expenses. Actual results may differ from these estimates. In addition, any change in these estimates or their related assumptions could have an adverse effect on the Company’s operating results.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
650000 usd
CY2023Q1 us-gaap Business Combination Provisional Information Initial Accounting Incomplete Adjustment Intangibles
BusinessCombinationProvisionalInformationInitialAccountingIncompleteAdjustmentIntangibles
54166 usd
CY2023Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10833 usd
CY2023Q1 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
125000 usd
CY2022Q4 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
125000 usd
CY2023Q2 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
17916.94 usd
CY2023Q2 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
2083.06 usd
CY2023Q2 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
15000 usd
CY2023Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
1.50 pure
CY2023Q1 us-gaap Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
0.60 pure
CY2023Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
1.50 pure
CY2023Q1 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
1349457 usd
CY2023Q1 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
740469 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2281429 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.26
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y3M
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5155003 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2281429 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.26
CY2023Q1 CRCW Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P3Y
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5155003 usd
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2281429 shares
CY2023Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
2.26
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P3Y
CY2023Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
5155003 usd
CY2023Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
0 usd
CY2023Q1 us-gaap Payments For Rent
PaymentsForRent
0 usd
CY2022Q1 us-gaap Payments For Rent
PaymentsForRent
0 usd

Files In Submission

Name View Source Status
crcw-20230331_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001493152-23-018535-index-headers.html Edgar Link pending
0001493152-23-018535-index.html Edgar Link pending
0001493152-23-018535.txt Edgar Link pending
0001493152-23-018535-xbrl.zip Edgar Link pending
crcw-20230331.xsd Edgar Link pending
ex10-41.htm Edgar Link pending
ex10-41_001.jpg Edgar Link pending
ex10-41_002.jpg Edgar Link pending
ex10-41_003.jpg Edgar Link pending
ex10-42.htm Edgar Link pending
ex10-42_001.jpg Edgar Link pending
ex10-42_002.jpg Edgar Link pending
ex10-42_003.jpg Edgar Link pending
ex10-42_004.jpg Edgar Link pending
ex10-42_005.jpg Edgar Link pending
ex10-42_006.jpg Edgar Link pending
ex10-42_007.jpg Edgar Link pending
ex10-42_008.jpg Edgar Link pending
ex10-42_009.jpg Edgar Link pending
ex10-42_010.jpg Edgar Link pending
ex10-42_011.jpg Edgar Link pending
ex10-42_012.jpg Edgar Link pending
ex10-42_013.jpg Edgar Link pending
ex10-42_014.jpg Edgar Link pending
ex10-42_015.jpg Edgar Link pending
ex10-42_016.jpg Edgar Link pending
ex10-42_017.jpg Edgar Link pending
ex10-42_018.jpg Edgar Link pending
ex10-42_019.jpg Edgar Link pending
ex10-43.htm Edgar Link pending
ex10-43_001.jpg Edgar Link pending
ex10-43_002.jpg Edgar Link pending
crcw-20230331_def.xml Edgar Link unprocessable
crcw-20230331_lab.xml Edgar Link unprocessable
crcw-20230331_pre.xml Edgar Link unprocessable
ex10-43_003.jpg Edgar Link pending
ex10-43_004.jpg Edgar Link pending
ex10-43_005.jpg Edgar Link pending
ex31-1.htm Edgar Link pending
ex32-1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
form10-q_htm.xml Edgar Link completed