2022 Q3 Form 10-K Financial Statement

#000168316822006887 Filed on October 13, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue $261.0K $963.0K $1.619M
YoY Change -52.63% 190.14%
Cost Of Revenue $50.00K -$1.000K $41.00K
YoY Change 117.39% 105.0%
Gross Profit $211.0K $964.0K $1.624M
YoY Change -60.04% 201.86%
Gross Profit Margin 80.84% 100.1% 100.31%
Selling, General & Admin $265.0K $606.0K $1.728M
YoY Change -13.4% 36.71%
% of Gross Profit 125.59% 62.86% 106.4%
Research & Development $0.00 $1.000K $17.00K
YoY Change -19.05%
% of Gross Profit 0.0% 0.1% 1.05%
Depreciation & Amortization $0.00 $0.00
YoY Change -100.0% -100.0%
% of Gross Profit 0.0% 0.0%
Operating Expenses $265.0K $607.0K $1.923M
YoY Change -13.4% 49.65%
Operating Profit -$54.00K $357.0K -$299.0K
YoY Change -124.32% -59.97%
Interest Expense $1.000K -$85.00K $5.000K
YoY Change -150.0% -183.33%
% of Operating Profit -23.81%
Other Income/Expense, Net -$19.00K $0.00 -$320.0K
YoY Change -118.63%
Pretax Income -$73.00K $94.00K -$619.0K
YoY Change -122.53% -4.62%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$73.00K $94.00K -$619.0K
YoY Change -122.53% -4.62%
Net Earnings / Revenue -27.97% 9.76% -38.23%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $341.40 $0.00
COMMON SHARES
Basic Shares Outstanding 276.7M shares 248.7M shares
Diluted Shares Outstanding 276.7M shares 248.7M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $367.0K $441.0K $441.0K
YoY Change -80.5% -67.64% -67.64%
Cash & Equivalents $367.0K $441.0K $441.0K
Short-Term Investments
Other Short-Term Assets $0.00 $38.00K $38.00K
YoY Change
Inventory $48.00K $48.00K $48.00K
Prepaid Expenses $0.00 $38.00K
Receivables $18.00K $1.000K $1.000K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $433.0K $528.0K $528.0K
YoY Change -81.71% -62.12% -62.12%
LONG-TERM ASSETS
Property, Plant & Equipment $4.000K $4.000K $184.0K
YoY Change -99.39% -99.06% -56.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.131M $1.149M $1.149M
YoY Change
Other Assets $10.00K $10.00K $10.00K
YoY Change 0.0% 0.0% 0.0%
Total Long-Term Assets $1.308M $1.343M $1.343M
YoY Change 94.93% 207.32% 207.32%
TOTAL ASSETS
Total Short-Term Assets $433.0K $528.0K $528.0K
Total Long-Term Assets $1.308M $1.343M $1.343M
Total Assets $1.741M $1.871M $1.871M
YoY Change -42.71% 2.18% 2.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $139.0K $135.0K $135.0K
YoY Change -57.75% -60.53% -60.53%
Accrued Expenses $343.0K $343.0K $343.0K
YoY Change -52.56% -52.69% -52.69%
Deferred Revenue $36.00K $80.00K
YoY Change -89.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $518.0K $558.0K $558.0K
YoY Change -74.25% -68.91% -68.91%
LONG-TERM LIABILITIES
Long-Term Debt $150.0K $150.0K $150.0K
YoY Change 0.0% -40.94% -40.94%
Other Long-Term Liabilities $110.0K $127.0K $127.0K
YoY Change -38.55% -34.2% -34.2%
Total Long-Term Liabilities $150.0K $277.0K $277.0K
YoY Change -54.41% -38.03% -38.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $518.0K $558.0K $558.0K
Total Long-Term Liabilities $150.0K $277.0K $277.0K
Total Liabilities $778.0K $835.0K $835.0K
YoY Change -66.77% -62.76% -62.76%
SHAREHOLDERS EQUITY
Retained Earnings -$25.32M -$25.25M
YoY Change 2.51%
Common Stock $277.0K $277.0K
YoY Change 33.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $963.0K $1.036M $1.036M
YoY Change
Total Liabilities & Shareholders Equity $1.741M $1.871M $1.871M
YoY Change -42.71% 2.18% 2.18%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$73.00K $94.00K -$619.0K
YoY Change -122.53% -4.62%
Depreciation, Depletion And Amortization $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Operating Activities -$74.00K -$338.0K -$484.0K
YoY Change 362.5% 69.0% 93.6%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0% -100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 $0.00 -$1.223M
YoY Change -100.0% -100.0% 855.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $785.0K
YoY Change 7.83%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00 0.000 $785.0K
YoY Change -100.0% -100.0% -20.06%
NET CHANGE
Cash From Operating Activities -$74.00K -338.0K -$484.0K
Cash From Investing Activities $0.00 0.000 -$1.223M
Cash From Financing Activities $0.00 0.000 $785.0K
Net Change In Cash -$74.00K -338.0K -$922.0K
YoY Change -114.26% -164.38% -252.65%
FREE CASH FLOW
Cash From Operating Activities -$74.00K -$338.0K -$484.0K
Capital Expenditures $0.00 $0.00
Free Cash Flow -$74.00K -$338.0K -$484.0K
YoY Change -131.62% 71.57% 296.72%

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IncreaseDecreaseInOperatingLeaseLiability
-61000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-484000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-250000 usd
CY2022 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1223000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
128000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1223000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-128000 usd
CY2021 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
254000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
785000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
728000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
785000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
982000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-922000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
604000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1363000 usd
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
759000 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
441000 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1363000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022 CVAT Liabilities Settled With Common Stock
LiabilitiesSettledWithCommonStock
558000 usd
CY2021 CVAT Liabilities Settled With Common Stock
LiabilitiesSettledWithCommonStock
0 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-619000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-484000 usd
CY2022Q2 us-gaap Cash
Cash
441000 usd
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
17000 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
21000 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_zy50HmVESbq8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i><span id="xdx_866_z5npbs5G6qih">Use of Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the U.S requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the financial statement date, and reported amounts of revenue and expenses during the reporting period. Significant estimates include estimates for reserves for inventory obsolescence, valuation of our equity method investments, assumptions used in valuing our stock options, stock warrants and common stock issued for services and valuation allowance for our deferred tax asset, among other items. Actual results could differ from these estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2021Q2 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2022 CVAT Property And Equipment Useful Life
PropertyAndEquipmentUsefulLife
<table cellpadding="0" cellspacing="0" id="xdx_89D_ecustom--PropertyAndEquipmentUsefulLife_z22NE5ERS8Ce" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse" summary="xdx: Disclosure - Organization and Summary of Significant Accounting Policies (Details- Property and Equipment)"> <tr style="vertical-align: top"> <td style="white-space: nowrap; text-align: justify"><span id="xdx_8BA_z3c1mL66QZg5" style="display: none">Property and equipment useful life</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"> </td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; width: 30%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Leasehold improvements</span></td> <td style="width: 5%; text-align: justify"> </td> <td style="width: 65%; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90D_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--LeaseholdImprovementsMember_zqOGeGkkhV24" title="Property and equipment useful life">Shorter of the life of the asset or lease term</span></span></td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Furniture</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--FurnitureAndFixturesMember_zhcGFH7K5M1" title="Property and equipment useful life">5-7 Years</span></span></td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Office equipment</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_907_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OfficeEquipmentMember_zPC0n7YLgf8e" title="Property and equipment useful life">5 Years</span></span></td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Lab equipment</span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--EquipmentMember_zOJeowJWBaqa" title="Property and equipment useful life">4 Years</span></span></td></tr> <tr style="vertical-align: top"> <td style="white-space: nowrap; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Skid systems </span></td> <td style="text-align: justify"> </td> <td style="text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90A_eus-gaap--PropertyPlantAndEquipmentEstimatedUsefulLives_c20210701__20220630__us-gaap--PropertyPlantAndEquipmentByTypeAxis__us-gaap--OtherMachineryAndEquipmentMember_zUBVj18josG5" title="Property and equipment useful life">4 Years</span></span></td></tr> </table>
CY2022 us-gaap Advertising Expense
AdvertisingExpense
106000 usd
CY2021 us-gaap Advertising Expense
AdvertisingExpense
12000 usd
CY2022 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zGZ6P8Mm5Rx" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i><span id="xdx_866_z2AtDn9uZ9H2">Concentrations</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the year ended June 30, 2022, we recorded <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20210701__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--DesmetBallestraMember_zt4Itg5pe3Rh" title="Concentration risk percentage">97</span>% of our revenue from Desmet Ballestra (Desmet) and <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_dp_c20210701__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--EWMember_z5SY1HrSj8v2" title="Concentration risk percentage">3</span>% from Enviro Watertek, LLC (EW) (see Note 2).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">During the year ended June 30, 2021, we recorded <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_dp_c20200701__20210630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--DesmetBallestraMember_zeiqnWcywoff" title="Concentration risk percentage">96</span>% of our revenue from Desmet and <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_dp_c20200701__20210630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--EWMember_zyE97D5YPmzg" title="Concentration risk percentage">3</span>% from EW (see Note 2).</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">  </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">At June 30, 2022 and 2021, <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_c20210701__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--EWMember_zq0G50JEHHsd" title="Concentration risk percentage"><span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_c20200701__20210630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--EWMember_zCtQiXGXho4l">100</span></span>% of accounts receivable were due from EW.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-619000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-649000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
248736262 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
197224988 shares
CY2022 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
248736262 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
197224988 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
25000 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
520000 usd
CY2021Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
520000 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4000 usd
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
182000 usd
CY2022 us-gaap Depreciation
Depreciation
0 usd
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2022Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
10500000 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
524000 usd
CY2021Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
702000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
78000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
74000 usd
CY2022 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
72000 usd
CY2021 us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
71000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y7M6D
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y7M6D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2021Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
180000 usd
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
245000 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
63000 usd
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
58000 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
127000 usd
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
193000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
190000 usd
CY2021Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
251000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
75000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
78000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
47000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
200000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
10000 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
190000 usd
CY2021 us-gaap Depreciation
Depreciation
22000 usd
CY2022 us-gaap Equipment Expense
EquipmentExpense
178000 usd
CY2021Q2 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
667000 usd
CY2022Q2 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
280000 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
150000 usd
CY2021Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
254000 usd
CY2022 CVAT Stock Issued To Warrant And Option Holders Shares
StockIssuedToWarrantAndOptionHoldersShares
778609 shares
CY2022 CVAT Stock Issued To Warrant And Option Holders Value
StockIssuedToWarrantAndOptionHoldersValue
87000 usd
CY2021 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
11269538 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
11269538 shares
CY2021Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.09
CY2021 us-gaap Subsidiary Or Equity Method Investee Cumulative Proceeds Received On All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativeProceedsReceivedOnAllTransactions
728000 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
216000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
840000 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
4001000 usd
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
3598000 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4001000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2021 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 State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.07 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.07 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.28 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
0.28 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
3063000 usd
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
2758000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
938000 usd
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
3598000 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd

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