$CUEN
Cuentas Inc. Stock $cuen

$cuen Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000121390023039889 Filed on May 15, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$40.00K	$64.00K	$394.0K
YoY Change	-94.03%	-83.76%	71.3%
Cost Of Revenue	$153.0K	$123.0K	$260.0K
YoY Change	-75.12%	-52.69%	4.0%
Gross Profit	-$113.0K	-$59.00K	$134.0K
YoY Change	-305.45%	-144.03%	-770.0%
Gross Profit Margin	-282.5%	-92.19%	34.01%
Selling, General & Admin	$776.0K	$1.625M	$3.289M
YoY Change	-71.72%	-50.59%	188.51%
% of Gross Profit			2454.48%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$5.000K	$2.000K	$453.0K
YoY Change	-98.89%	-99.56%	0.67%
% of Gross Profit			338.06%
Operating Expenses	$780.0K	$1.627M	$3.742M
YoY Change	-75.59%	-56.52%	135.35%
Operating Profit	-$893.0K	-$1.686M	-$3.608M
YoY Change	-71.57%	-53.27%	124.1%
Interest Expense	-$7.000K	-$1.000K	-$1.000K
YoY Change	-333.33%	0.0%	-99.17%
% of Operating Profit
Other Income/Expense, Net	-$517.0K	$65.00K
YoY Change	1420.59%
Pretax Income	-$1.403M	-$1.686M	-$3.609M
YoY Change	-55.81%	-53.28%	114.82%
Income Tax
% Of Pretax Income
Net Earnings	-$1.412M	-$1.695M	-$3.624M
YoY Change	-55.68%	-53.23%	115.71%
Net Earnings / Revenue	-3530.0%	-2648.44%	-919.8%
Basic Earnings Per Share	-$0.67	-$1.00	-$3.15
Diluted Earnings Per Share	-$0.67	-$1.00	-$242.2K
COMMON SHARES
Basic Shares Outstanding	2.103M shares	2.104M shares	1.151M shares
Diluted Shares Outstanding	2.103M shares	1.696M shares	1.151M shares

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$271.0K	$3.328M	$4.335M
YoY Change	-84.93%	-23.23%	-33.61%
Cash & Equivalents	$271.0K	$3.328M	$4.335M
Short-Term Investments
Other Short-Term Assets	$36.00K	$52.00K	$192.0K
YoY Change	-63.64%	-72.92%	28.0%
Inventory
Prepaid Expenses
Receivables	$233.0K	$221.0K	$92.00K
Other Receivables	$311.0K	$88.00K	$0.00
Total Short-Term Assets	$628.0K	$3.689M	$4.619M
YoY Change	-69.0%	-20.13%	-31.37%
LONG-TERM ASSETS
Property, Plant & Equipment	$5.000K	$6.000K	$9.000K
YoY Change	-44.44%	-33.33%
Goodwill
YoY Change
Intangibles	$100.0K	$26.00K
YoY Change	-97.79%
Long-Term Investments	$3.000M	$1.468M	$63.00K
YoY Change	232.59%	2230.16%
Other Assets
YoY Change
Total Long-Term Assets	$3.105M	$1.500M	$5.057M
YoY Change	-42.96%	-70.34%	-25.63%
TOTAL ASSETS
Total Short-Term Assets	$628.0K	$3.689M	$4.619M
Total Long-Term Assets	$3.105M	$1.500M	$5.057M
Total Assets	$3.733M	$5.189M	$9.676M
YoY Change	-50.03%	-46.37%	-28.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.286M	$1.224M	$1.537M
YoY Change	-32.99%	-20.36%	9.79%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$115.0K	$112.0K	$100.0K
YoY Change	11.65%	12.0%	-70.59%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$2.173M	$2.221M	$3.224M
YoY Change	-38.56%	-31.11%	-0.8%
LONG-TERM LIABILITIES
Long-Term Debt	$89.00K	$89.00K	$89.00K
YoY Change	0.0%	0.0%	-1.11%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$89.00K	$89.00K	$89.00K
YoY Change	0.0%	0.0%	-1.11%
TOTAL LIABILITIES
Total Short-Term Liabilities	$2.173M	$2.221M	$3.224M
Total Long-Term Liabilities	$89.00K	$89.00K	$89.00K
Total Liabilities	$2.262M	$2.310M	$3.313M
YoY Change	-37.62%	-30.27%	-0.81%
SHAREHOLDERS EQUITY
Retained Earnings	-$55.86M	-$54.45M
YoY Change	24.05%
Common Stock	$2.000K	$2.000K
YoY Change	-86.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$33.00K	$33.00K
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.471M	$2.879M	$6.363M
YoY Change
Total Liabilities & Shareholders Equity	$3.733M	$5.189M	$9.676M
YoY Change	-50.03%	-46.37%	-28.48%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$1.412M	-$1.695M	-$3.624M
YoY Change	-55.68%	-53.23%	115.71%
Depreciation, Depletion And Amortization	$5.000K	$2.000K	$453.0K
YoY Change	-98.89%	-99.56%	0.67%
Cash From Operating Activities	-$900.0K	-$1.453M	-$2.225M
YoY Change	-53.12%	-34.7%	-33.78%
INVESTING ACTIVITIES
Capital Expenditures	$78.00K		-$7.000K
YoY Change
Acquisitions	$850.0K
YoY Change
Other Investing Activities	-$2.079M	$0.00	-$40.00K
YoY Change	236.95%	-100.0%	-20.0%
Cash From Investing Activities	-$2.157M		-$47.00K
YoY Change	249.59%		-6.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	0.000	$4.315M
YoY Change
NET CHANGE
Cash From Operating Activities	-900.0K	-$1.453M	-2.225M
Cash From Investing Activities	-2.157M		-47.00K
Cash From Financing Activities	0.000	$4.315M
Net Change In Cash	-3.057M	$2.862M	$0.00
YoY Change	20.5%		-100.0%
FREE CASH FLOW
Cash From Operating Activities	-$900.0K	-$1.453M	-$2.225M
Capital Expenditures	$78.00K		-$7.000K
Free Cash Flow	-$978.0K	-$1.453M	-$2.218M
YoY Change	-49.06%	-34.49%	-33.99%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	dei	Document Type DocumentType	10-Q
CY2023Q1	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q1	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
CY2023Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
CY2023Q1	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q1	dei	Entity File Number EntityFileNumber	001-39973
CY2023Q1	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	FL
CY2023Q1	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	20-3537265
CY2023Q1	dei	Entity Address Address Line1 EntityAddressAddressLine1	235 Lincoln Rd.
CY2023Q1	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 210
CY2023Q1	dei	Entity Address City Or Town EntityAddressCityOrTown	Miami Beach
CY2023Q1	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
CY2023Q1	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	33139
CY2023Q1	dei	City Area Code CityAreaCode	800
CY2023Q1	dei	Local Phone Number LocalPhoneNumber	611-3622
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	2103365	shares
CY2023Q1	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	3328000	usd
CY2022Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	466000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	177000	usd
CY2022Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	177000	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	221000	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	209000	usd
CY2023Q1	cuen	Related Parties RelatedParties	88000	usd
CY2023Q1	us-gaap	Other Assets Current OtherAssetsCurrent	52000	usd
CY2022Q4	us-gaap	Other Assets Current OtherAssetsCurrent	14000	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	3689000	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	689000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	6000	usd
CY2023Q1	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	1468000	usd
CY2022Q4	us-gaap	Investments In Affiliates Subsidiaries Associates And Joint Ventures InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures	776000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	26000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	28000	usd
CY2023Q1	us-gaap	Assets Assets	5189000	usd
CY2022Q4	us-gaap	Assets Assets	1499000	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1224000	usd
CY2022Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	1231000	usd
CY2023Q1	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	775000	usd
CY2022Q4	us-gaap	Other Liabilities Current OtherLiabilitiesCurrent	681000	usd
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	2103365	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	2103365	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	1473645	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	1473645	shares
CY2023Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	109000	usd
CY2022Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	113000	usd
CY2023Q1	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	112000	usd
CY2022Q4	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	109000	usd
CY2023Q1	us-gaap	Deferred Compensation Share Based Arrangements Liability Current DeferredCompensationShareBasedArrangementsLiabilityCurrent	1000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2221000	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	2134000	usd
CY2023Q1	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	89000	usd
CY2022Q4	us-gaap	Other Long Term Debt Noncurrent OtherLongTermDebtNoncurrent	89000	usd
CY2023Q1	us-gaap	Liabilities Liabilities	2310000	usd
CY2022Q4	us-gaap	Liabilities Liabilities	2223000	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	360000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	360000000	shares
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 Value CommonStockValue	2000	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	2000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	57355000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	52053000	usd
CY2023Q1	us-gaap	Treasury Stock Value TreasuryStockValue	33000	usd
CY2022Q4	us-gaap	Treasury Stock Value TreasuryStockValue	29000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-54445000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-52750000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	2879000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-724000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	5189000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1499000	usd
CY2023Q1	us-gaap	Revenues Revenues	64000	usd
CY2022Q1	us-gaap	Revenues Revenues	394000	usd
CY2023Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	123000	usd
CY2022Q1	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	260000	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	-59000	usd
CY2022Q1	us-gaap	Gross Profit GrossProfit	134000	usd
CY2023Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	2000	usd
CY2022Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	453000	usd
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1625000	usd
CY2022Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3289000	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	1627000	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	3742000	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-1686000	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-3608000	usd
CY2023Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	1000	usd
CY2022Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-1000	usd
CY2023Q1	cuen	Gain On Fair Value Measurement Of Stock Based Liabilities GainOnFairValueMeasurementOfStockBasedLiabilities	-1000	usd
CY2022Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-1000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	-1686000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	-3609000	usd
CY2023Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9000	usd
CY2022Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	15000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1695000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-3624000	usd
CY2023Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-1
CY2022Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-3.15
CY2023Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1696022	shares
CY2022Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	1151207	shares
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-724000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	27000	usd
CY2023Q1	cuen	Issuance Of Warrants IssuanceOfWarrants	700000	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	4000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	136000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities	120000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1695000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	2879000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	9450000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	537000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-3624000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	6363000	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-1695000	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-3624000	usd
CY2023Q1	us-gaap	Share Based Compensation ShareBasedCompensation	283000	usd
CY2022Q1	us-gaap	Share Based Compensation ShareBasedCompensation	537000	usd
CY2023Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-9000	usd
CY2022Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	-15000	usd
CY2023Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3000	usd
CY2022Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	3000	usd
CY2023Q1	cuen	Gain From Changes In On Fair Value Of Stockbased Liabilities GainFromChangesInOnFairValueOfStockbasedLiabilities	-1000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	2000	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	453000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	13000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	81000	usd
CY2023Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	38000	usd
CY2022Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	30000	usd
CY2023Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-7000	usd
CY2022Q1	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	727000	usd
CY2023Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	94000	usd
CY2022Q1	us-gaap	Increase Decrease In Accrued Liabilities And Other Operating Liabilities IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities	-137000	usd
CY2023Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-88000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-4000	usd
CY2022Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-88000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1453000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-2225000	usd
CY2022Q1	us-gaap	Payments To Acquire Longterm Investments PaymentsToAcquireLongtermInvestments	40000	usd
CY2022Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	7000	usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-47000	usd
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	4319000	usd
CY2023Q1	cuen	Purchase Of Treasury Stock PurchaseOfTreasuryStock	4000	usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4315000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	2862000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-2272000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	466000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	6607000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3328000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4335000	usd
CY2023Q1	cuen	Issuance Fee With Connection To Issuance Of Common Stock Due To Exercise Of Warrants IssuanceFeeWithConnectionToIssuanceOfCommonStockDueToExerciseOfWarrants	700000	usd
CY2022Q4	cuen	Cuentas Sdi Network Of Over Bodegas CuentasSDINetworkOfOverBodegas	31000	pure
CY2022Q4	cuen	Cuentas Accountholders Expenses CuentasAccountholdersExpenses	500000	usd
CY2005Q3	cuen	Subsidiary Of Limited Liability Company Or Limited Partnerships Ownership Interests SubsidiaryOfLimitedLiabilityCompanyOrLimitedPartnershipsOwnershipInterests	1	pure
CY2023Q1	cuen	Purchase Agreement Description PurchaseAgreementDescription	the Company entered into a Membership Interest Purchase Agreement (MIPA) with Core Development Holdings Corporation (“Core”). Core is a Florida corporation that holds approximately 29.3% of 4280 Lakewood Road Manager, LLC (“Lakewood Manager”), which in turn owns 86.45% of the membership interests in 4280 Lakewood Road, LLC (“4280 Project”), an affordable multi-family real estate project located in Lake Worth, Florida. Core sold 6% of its interest in the Lakewood Manager to the Company and the Company has agreed to issue to Core 295,282 of the Company’s common shares to acquire the 6% equity in the Lakewood Manager valued at approximately $700. The 295,282 of the Company’s shares were equal to 19.9% of the total number of issued and outstanding shares of the Company as of the date of the Agreement. The Company closed this transaction on or about March 9th, 2023
CY2023Q1	cuen	Reverse Stock Split Description ReverseStockSplitDescription	As a result of the reverse stock split, the following changes have occurred (i) every thirteen shares of common stock have been combined into one share of common stock; (ii) the number of shares of common stock underlying each common stock option or common stock warrant have been proportionately decreased on a 13-for-1 basis, and the exercise price of each such outstanding stock option and common warrant has been proportionately increased on a 13-for-1 basis. Accordingly, all option numbers, share numbers, warrant numbers, share prices, warrant prices, exercise prices and losses per share have been adjusted within these consolidated financial statements, on a retroactive basis, to reflect this 13-for-1 reverse stock split.
CY2023Q1	us-gaap	Other Cash Equivalents At Carrying Value OtherCashEquivalentsAtCarryingValue	3328000	usd
CY2023Q1	cuen	Working Capital WorkingCapital	1468000	usd
CY2023Q1	us-gaap	Retained Earnings Unappropriated RetainedEarningsUnappropriated	2879000	usd
CY2023Q1	cuen	Accumulated Deficit AccumulatedDeficit	54445000	usd
CY2023Q1	us-gaap	Demutualization By Insurance Entity Securities Issued Gross Cash Proceeds DemutualizationByInsuranceEntitySecuritiesIssuedGrossCashProceeds	5000000000	usd
CY2023Q1	us-gaap	Excess Stock Shares Issued ExcessStockSharesIssued	163344	shares
CY2023Q1	us-gaap	Class Of Warrant Or Right Unissued ClassOfWarrantOrRightUnissued	128031	shares
CY2023Q1	us-gaap	Investment Sold Not Yet Purchased Balance Shares InvestmentSoldNotYetPurchasedBalanceShares	291375	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased	17.16
CY2023Q1	us-gaap	Warrant Exercise Price Decrease WarrantExercisePriceDecrease	17.16
CY2023Q1	us-gaap	Sale Of Stock Percentage Of Ownership Before Transaction SaleOfStockPercentageOfOwnershipBeforeTransaction	0.0499	pure
CY2023Q1	cuen	Investor Percentage InvestorPercentage	0.0999	pure
CY2023Q1	us-gaap	Stock Option Exercise Price Decrease StockOptionExercisePriceDecrease	0.0013
CY2023Q1	us-gaap	Stock Option Exercise Price Decrease StockOptionExercisePriceDecrease	17.36
CY2023Q1	cuen	Cash Fee Equal Percentage CashFeeEqualPercentage	0.07	pure
CY2023Q1	cuen	Management Fee Equal Percentage ManagementFeeEqualPercentage	0.01	pure
CY2023Q1	us-gaap	Other Expenses OtherExpenses	65000	usd
CY2023Q1	cuen	Clearing Expenses ClearingExpenses	16000	usd
CY2021Q1	cuen	Description Of License Agreement DescriptionOfLicenseAgreement	The Company has also agreed to issue to Wainwright or its designees warrants to purchase 20,397 shares of Common Stock (the “PA Warrants” and the shares of Common Stock issuable upon exercise of the PA Warrants, the “PA Warrant Shares”).
CY2023Q1	cuen	Warrant Term WarrantTerm	P5Y
CY2023Q1	us-gaap	Other Ownership Interests Offering Costs OtherOwnershipInterestsOfferingCosts	4300000000	usd
CY2023Q1	us-gaap	Use Of Estimates UseOfEstimates	<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q4	us-gaap	Deferred Revenue DeferredRevenue	113000	usd
CY2023Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-4000	usd
CY2023Q1	us-gaap	Deferred Revenue DeferredRevenue	109000	usd
CY2023Q1	us-gaap	Deferred Revenue Additions DeferredRevenueAdditions	109	usd
CY2023Q1	us-gaap	Revenue Remaining Performance Obligation Percentage RevenueRemainingPerformanceObligationPercentage	1	pure
CY2022Q1	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation	1000	usd
CY2022Q1	us-gaap	Other Liabilities OtherLiabilities	1000	usd
CY2022Q4	cuen	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Beginning ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberBeginning	128477	shares
CY2022Q4	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	56.44
CY2023Q1	cuen	Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitures	-6093	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice	186.55
CY2023Q1	cuen	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number Beginning ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumberBeginning	122384	shares
CY2023Q1	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice	49.96
CY2023Q1	cuen	Schedule Of Related Party Payables Net Of Discounts Text Table Block ScheduleOfRelatedPartyPayablesNetOfDiscountsTextTableBlock	<table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">March 31,<br/> 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">December 31,<br/> 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">(dollars in thousands)</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td><td> </td> <td colspan="2" style="text-align: right"> </td><td> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 76%; text-align: left; text-indent: -9pt; padding-left: 9pt">Arik Maimon (Chairman of the Board and the CEO)</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">42</td><td style="width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right"><div style="-sec-ix-hidden: hidden-fact-56">-</div></td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; text-indent: -9pt; padding-left: 9pt">Michael De Prado (Vice Chairman of the Board and President)</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">46</td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-57">-</div></td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1.5pt; text-indent: -9pt; padding-left: 9pt">SDI Cuentas LLC, net of allowance for credit losses of $157 as of March 31, 2023 and December 31,2022, respectively.</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">210</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">198</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left; padding-bottom: 4pt; text-indent: -9pt; padding-left: 9pt">Total Due from related parties</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">298</td><td style="padding-bottom: 4pt; text-align: left"> </td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left"> </td><td style="border-bottom: Black 4pt double; text-align: right">198</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q1	us-gaap	Related Parties Amount In Cost Of Sales RelatedPartiesAmountInCostOfSales	298000	usd
CY2022	us-gaap	Related Parties Amount In Cost Of Sales RelatedPartiesAmountInCostOfSales	198000	usd
CY2022Q1	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	364000	usd
CY2023Q1	us-gaap	Payments For Fees PaymentsForFees	177000	usd
CY2022Q1	us-gaap	Payments To Develop Software PaymentsToDevelopSoftware	147000	usd
CY2019Q2	us-gaap	Product Liability Contingency Description ProductLiabilityContingencyDescription	the Company received a notice of demand for arbitration from Secure IP Telecom, Inc. (“Secure IP), who allegedly had a Reciprocal Carrier Services Agreement (“RCS”) exclusively with Limecom and not with the Company. The arbitration demand originated from another demand for arbitration that Secure IP received from VoIP Capital International (“VoIP”) in March 2019, demanding $1,053 in damages allegedly caused by unpaid receivables that Limecom assigned to VoIP based on the RCS. On or about October 5, 2020, the trial court appointed a receiver over Limecom, Inc. (“Limecom”) in the matter of Spectrum Intelligence Communications Agency, LLC. v. Limecom, Inc., case no. 2018-027150-CA-01 pending in the 11th Circuit for Miami-Dade County, Florida. On June 5, 2020, Secure IP Telecom, Inc. (“Secure IP”) filed a complaint against Limecom, Heritage Ventures Limited (“Heritage”), an unrelated third party and owner of Limecom, and the Company, case no. 20-11972-CA-01. Secure IP alleges that the Company received certain transfers from Limecom during the period that the Company wholly owned Limecom that may be an avoidable under Florida Statute § 725.105. On July 13, 2021, the two cases were consolidated, and are now pending before the same trial court under the former case number. The Company has answered and denied any liability with respect to both complaints. To the extent the Company has exposure for any transfers from Limecom, Heritage has indemnified the Company for any such liability and the Company has a pending cross-claim against Heritage for purposes of enforcing the indemnification obligation. A review of the books and records of the Company reflect aggregate transfers from Limecom to the Company or its affiliates of less than $600. The Company’s books and records reflect that the Company fully reimbursed Limecom through direct payment of expenses of Limecom and through issuance of shares by the Company to employees or other vendors on behalf of Limecom for settlement and release of claims the employees or vendors may have asserted against Limecom. The books and records of the Company therefore do not reflect an identifiable avoidable transfer, but this analysis may change as the discovery process continues.
CY2023Q1	cuen	Accrued Amount AccruedAmount	300000	usd
CY2022Q4	cuen	Company Financial Institution CompanyFinancialInstitution	Crosshair Media Placement, LLC, a Kentucky based marketing company, filed and served a complaint on Cuentas for breach of contract alleging breach of contract damages of $630, which case remains pending in the United States District Court for the Western District of Kentucky, case no. 3:22-CV-512-CHB.
CY2023Q1	us-gaap	Accrued Income Taxes AccruedIncomeTaxes	630000	usd
CY2023Q1	us-gaap	Repurchase Agreements Interest Expense Amount RepurchaseAgreementsInterestExpenseAmount	30	usd
CY2021Q2	us-gaap	Payments For Rent PaymentsForRent	9000	usd
CY2023Q1	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	59000	usd
CY2022Q1	us-gaap	Other Cost Of Operating Revenue OtherCostOfOperatingRevenue	22000	usd
CY2023Q1	dei	Entity Registrant Name EntityRegistrantName	Cuentas Inc.
CY2022Q4	cuen	Related Parties RelatedParties		usd
CY2022Q4	us-gaap	Deferred Compensation Share Based Arrangements Liability Current DeferredCompensationShareBasedArrangementsLiabilityCurrent		usd
CY2022Q1	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense		usd
CY2023Q1	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet		usd
CY2022Q1	cuen	Gain On Fair Value Measurement Of Stock Based Liabilities GainOnFairValueMeasurementOfStockBasedLiabilities		usd
CY2023Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest		usd
CY2023Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.00
CY2022Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-3.15
CY2023Q1	cuen	Reverse Split ReverseSplit		usd
CY2022Q1	cuen	Gain From Changes In On Fair Value Of Stockbased Liabilities GainFromChangesInOnFairValueOfStockbasedLiabilities		usd
CY2022Q1	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties		usd
CY2023Q1	us-gaap	Payments To Acquire Longterm Investments PaymentsToAcquireLongtermInvestments		usd
CY2023Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment		usd
CY2023Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
CY2022Q1	cuen	Purchase Of Treasury Stock PurchaseOfTreasuryStock		usd
CY2022Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities		usd
CY2022Q1	cuen	Issuance Fee With Connection To Issuance Of Common Stock Due To Exercise Of Warrants IssuanceFeeWithConnectionToIssuanceOfCommonStockDueToExerciseOfWarrants		usd
CY2022	us-gaap	Employee Benefits And Share Based Compensation EmployeeBenefitsAndShareBasedCompensation		usd
CY2022Q4	us-gaap	Other Liabilities OtherLiabilities		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	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction		usd
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	0001424657

Files In Submission

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2023 Q2 Form 10-Q Financial Statement

#000121390023039889 Filed on May 15, 2023

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$CUEN Cuentas Inc. Stock $cuen

2023 Q2 Form 10-Q Financial Statement

#000121390023039889 Filed on May 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

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Files In Submission

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Cuentas Inc. Stock $cuen