2024 Q3 Form 10-Q Financial Statement

#000173112224001317 Filed on August 26, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $110.4K
YoY Change 41.53%
Cost Of Revenue $65.47K
YoY Change 2.11%
Gross Profit $44.93K
YoY Change 223.44%
Gross Profit Margin 40.7%
Selling, General & Admin $160.4K
YoY Change 601.2%
% of Gross Profit 356.9%
Research & Development $10.44K
YoY Change -23.85%
% of Gross Profit 23.24%
Depreciation & Amortization $9.710K
YoY Change 2.53%
% of Gross Profit 21.61%
Operating Expenses $170.8K
YoY Change 25.39%
Operating Profit -$125.9K
YoY Change 2.9%
Interest Expense -$269.5K
YoY Change -638.51%
% of Operating Profit
Other Income/Expense, Net -$403.8K
YoY Change 1060.89%
Pretax Income -$529.6K
YoY Change 237.15%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$529.6K
YoY Change 237.15%
Net Earnings / Revenue -479.76%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00
COMMON SHARES
Basic Shares Outstanding 113.3M shares 111.6M shares
Diluted Shares Outstanding 112.3M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.420K
YoY Change -9.76%
Cash & Equivalents $3.422K
Short-Term Investments
Other Short-Term Assets $1.720K
YoY Change -94.03%
Inventory
Prepaid Expenses $1.717K
Receivables $12.53K
Other Receivables $0.00
Total Short-Term Assets $17.67K
YoY Change -62.42%
LONG-TERM ASSETS
Property, Plant & Equipment $254.6K
YoY Change 32.4%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $445.7K
YoY Change
Total Long-Term Assets $708.1K
YoY Change 244.58%
TOTAL ASSETS
Total Short-Term Assets $17.67K
Total Long-Term Assets $708.1K
Total Assets $725.7K
YoY Change 187.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $947.3K
YoY Change 208.39%
Accrued Expenses $10.78K
YoY Change -93.15%
Deferred Revenue
YoY Change
Short-Term Debt $312.5K
YoY Change 400.0%
Long-Term Debt Due $1.440M
YoY Change 68.76%
Total Short-Term Liabilities $4.125M
YoY Change 168.76%
LONG-TERM LIABILITIES
Long-Term Debt $234.8K
YoY Change -52.85%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $234.8K
YoY Change -52.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.125M
Total Long-Term Liabilities $234.8K
Total Liabilities $4.360M
YoY Change 114.47%
SHAREHOLDERS EQUITY
Retained Earnings -$5.032M
YoY Change 63.48%
Common Stock $1.417M
YoY Change 7.62%
Preferred Stock
YoY Change
Treasury Stock (at cost) $18.13K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity -$3.634M
YoY Change
Total Liabilities & Shareholders Equity $725.7K
YoY Change 187.41%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$529.6K
YoY Change 237.15%
Depreciation, Depletion And Amortization $9.710K
YoY Change 2.53%
Cash From Operating Activities -$114.1K
YoY Change 260.32%
INVESTING ACTIVITIES
Capital Expenditures $94.84K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$94.84K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 173.6K
YoY Change 744.62%
NET CHANGE
Cash From Operating Activities -114.1K
Cash From Investing Activities -94.84K
Cash From Financing Activities 173.6K
Net Change In Cash -35.42K
YoY Change 218.24%
FREE CASH FLOW
Cash From Operating Activities -$114.1K
Capital Expenditures $94.84K
Free Cash Flow -$209.0K
YoY Change 559.69%

Facts In Submission

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us-gaap Share Based Compensation
ShareBasedCompensation
0 usd
us-gaap Share Based Compensation
ShareBasedCompensation
15000 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-271039 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
44529 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
28486 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
27313 usd
dway Financing Fee
FinancingFee
484197 usd
dway Financing Fee
FinancingFee
0 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
296397 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
72551 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1717 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
1804 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
0 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
25000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
949 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
8354 usd
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
-895 usd
us-gaap Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
0 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-6474 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
6051 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
282577 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
237376 usd
dway Increase Decrease In Accrued Interest Related Party
IncreaseDecreaseInAccruedInterestRelatedParty
5866 usd
dway Increase Decrease In Accrued Interest Related Party
IncreaseDecreaseInAccruedInterestRelatedParty
2522 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-362766 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-366356 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
-0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5833 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
94837 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
67039 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-94837 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-72872 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
477064 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
261500 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
15000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 usd
dway Proceeds From Promisorry Notes Payable Related Parties
ProceedsFromPromisorryNotesPayableRelatedParties
0 usd
dway Proceeds From Promisorry Notes Payable Related Parties
ProceedsFromPromisorryNotesPayableRelatedParties
50000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
182740 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
35982 usd
us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
12500 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
87121 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
14443 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
149849 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2637 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
437834 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
342902 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-19769 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-96326 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23191 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127109 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3422 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
30783 usd
us-gaap Increase Decrease In Prepaid Interest
IncreaseDecreaseInPrepaidInterest
8219 usd
us-gaap Increase Decrease In Prepaid Interest
IncreaseDecreaseInPrepaidInterest
49539 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
dway Common Stock In Connection With Promissory Note
CommonStockInConnectionWithPromissoryNote
26842 usd
dway Common Stock In Connection With Promissory Note
CommonStockInConnectionWithPromissoryNote
1509 usd
dway Recognition Of Derivative Liability As Debt Discount
RecognitionOfDerivativeLiabilityAsDebtDiscount
200750 usd
dway Recognition Of Derivative Liability As Debt Discount
RecognitionOfDerivativeLiabilityAsDebtDiscount
48428 usd
dway Prepaid Expenses Reclassified To Website Development
PrepaidExpensesReclassifiedToWebsiteDevelopment
0 usd
dway Prepaid Expenses Reclassified To Website Development
PrepaidExpensesReclassifiedToWebsiteDevelopment
10498 usd
dway Debt Discount In Connection With Original Issue Discount Notes
DebtDiscountInConnectionWithOriginalIssueDiscountNotes
23500 usd
dway Deferred Offering Costs In Connection With Promissory Note
DeferredOfferingCostsInConnectionWithPromissoryNote
477500 usd
dway Deferred Offering Costs In Connection With Promissory Note
DeferredOfferingCostsInConnectionWithPromissoryNote
0 usd
dway Amortization Of Deferred Offering Costs To Debt Discount
AmortizationOfDeferredOfferingCostsToDebtDiscount
31816 usd
dway Amortization Of Deferred Offering Costs To Debt Discount
AmortizationOfDeferredOfferingCostsToDebtDiscount
0 usd
dway Reclassification Of Promissory Notes Payable Related Parties To Promissory Notes Payable
ReclassificationOfPromissoryNotesPayableRelatedPartiesToPromissoryNotesPayable
7500 usd
dway Reclassification Of Promissory Notes Payable Related Parties To Promissory Notes Payable
ReclassificationOfPromissoryNotesPayableRelatedPartiesToPromissoryNotesPayable
0 usd
dway Netloss
Netloss
1 usd
us-gaap Payments For Other Operating Activities
PaymentsForOtherOperatingActivities
362766 usd
CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5032189 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84C_eus-gaap--UseOfEstimates_zWerIHz8J9C4" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white"><b><i><span id="xdx_865_z0TxxOnpY9bh">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="background-color: white">The preparation of consolidated financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. The significant estimates and assumptions made by management include allowance for doubtful accounts, allowance for deferred tax assets, and fair value of equity instruments. Actual results could differ from those estimates as the current economic environment has increased the degree of uncertainty inherent in these estimates and assumptions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2024Q2 us-gaap Cash
Cash
3422 usd
CY2023Q3 us-gaap Cash
Cash
4632 usd
CY2024Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 usd
CY2023Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
18559 usd
CY2023Q3 us-gaap Restricted Cash Equivalents
RestrictedCashEquivalents
18559 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2024Q2 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P7Y
CY2024Q2 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P3Y
CY2024Q2 us-gaap Fair Value Hedge Liabilities At Fair Value
FairValueHedgeLiabilitiesAtFairValue
0 usd
CY2024Q2 dway Derivative Liability
DerivativeLiability
1387303 usd
CY2023Q3 us-gaap Fair Value Hedge Liabilities At Fair Value
FairValueHedgeLiabilitiesAtFairValue
0 usd
CY2023Q3 dway Derivative Liability
DerivativeLiability
1317 usd
us-gaap Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
<p id="xdx_84B_eus-gaap--DerivativesReportingOfDerivativeActivity_z8mFcHgrPV6c" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><i><span id="xdx_862_zUKmCTGBKKEj">Derivative Financial Instruments</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><br/> The Company accounts for their derivative financial instruments in accordance with ASC 815 “Derivatives and Hedging” therefore any embedded conversion options and warrants accounted for as derivatives are to be recorded at their fair values as of the inception date of the agreement and at fair value as of each subsequent balance sheet date. Any change in fair value is recorded as non-operating, non-cash income or expense for each reporting period at each balance sheet date. The Company reassesses the classification of its derivative instruments at each balance sheet date. If the classification changes as a result of events during the period, the contract is reclassified as of the date of the event that caused the reclassification.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Black-Scholes option valuation model was used to estimate the fair value of the embedded conversion options and warrants. The model includes subjective input assumptions that can materially affect the fair value estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2024Q2 dway Refundable Deposits
RefundableDeposits
1339 usd
CY2023Q3 dway Refundable Deposits
RefundableDeposits
2234 usd
CY2024Q2 us-gaap Deferred Revenue
DeferredRevenue
759 usd
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
7233 usd
us-gaap Advertising Expense
AdvertisingExpense
4288 usd
us-gaap Advertising Expense
AdvertisingExpense
38838 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
24600000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
4600000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_849_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zSldAqVK9D47" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i><span id="xdx_861_zW7chBN1tRci">Reclassification</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Certain accounts from prior periods have been reclassified to conform to the current period presentation.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2024Q2 dway Due To Related Party Current
DueToRelatedPartyCurrent
25080 usd
CY2023Q3 dway Due To Related Party Current
DueToRelatedPartyCurrent
25080 usd
CY2024Q2 dway Amount Due To Related Parties For Promissory Notes Payable
AmountDueToRelatedPartiesForPromissoryNotesPayable
42500 usd
CY2023Q3 dway Amount Due To Related Parties For Promissory Notes Payable
AmountDueToRelatedPartiesForPromissoryNotesPayable
50000 usd
dway Interest Expense Related Parties Other
InterestExpenseRelatedPartiesOther
6627 usd
dway Interest Expense Related Parties Other
InterestExpenseRelatedPartiesOther
2522 usd
CY2024Q2 dway Promissory Notes Payable Related Parties In Default
PromissoryNotesPayableRelatedPartiesInDefault
42500 usd
CY2023Q3 dway Promissory Notes Payable Related Parties In Default
PromissoryNotesPayableRelatedPartiesInDefault
50000 usd
CY2024Q2 dway Accrued Interest Related Parties
AccruedInterestRelatedParties
10784 usd
CY2023Q3 dway Accrued Interest Related Parties
AccruedInterestRelatedParties
4918 usd
CY2024Q2 us-gaap Capitalized Costs Support Equipment And Facilities
CapitalizedCostsSupportEquipmentAndFacilities
319740 usd
CY2023Q3 us-gaap Capitalized Costs Support Equipment And Facilities
CapitalizedCostsSupportEquipmentAndFacilities
224903 usd
CY2024Q2 dway Accumulated Depreciation Of Vehicles
AccumulatedDepreciationOfVehicles
65105 usd
CY2023Q3 dway Accumulated Depreciation Of Vehicles
AccumulatedDepreciationOfVehicles
40675 usd
CY2024Q2 us-gaap Public Utilities Property Plant And Equipment Vehicles
PublicUtilitiesPropertyPlantAndEquipmentVehicles
254635 usd
CY2023Q3 us-gaap Public Utilities Property Plant And Equipment Vehicles
PublicUtilitiesPropertyPlantAndEquipmentVehicles
184228 usd
CY2024Q2 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
94437 usd
us-gaap Depreciation
Depreciation
24430 usd
us-gaap Depreciation
Depreciation
24141 usd
dway Purchased Vehicles
PurchasedVehicles
94837 usd
dway Purchased Vehicles
PurchasedVehicles
67039 usd
CY2024Q2 dway Website Development Costs
WebsiteDevelopmentCosts
16331 usd
CY2023Q3 dway Website Development Costs
WebsiteDevelopmentCosts
16331 usd
CY2024Q2 dway Accumulated Depreciation Of Website Development
AccumulatedDepreciationOfWebsiteDevelopment
8600 usd
CY2023Q3 dway Accumulated Depreciation Of Website Development
AccumulatedDepreciationOfWebsiteDevelopment
4544 usd
CY2024Q2 dway Website Net
WebsiteNet
7731 usd
CY2023Q3 dway Website Net
WebsiteNet
11787 usd
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
4056 usd
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
3172 usd
dway Website Development Cost
WebsiteDevelopmentCost
0 usd
dway Website Development Cost
WebsiteDevelopmentCost
16331 usd
CY2024Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2024Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2024Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
us-gaap Preferred Stock Redemption Terms
PreferredStockRedemptionTerms
The Series A Preferred Stock is entitled to receive, prior to any distribution to any junior class of securities, an amount equal to $0.01 per share as a liquidation preference before any distribution may be made to the holders of any junior security, including the Common Stock.
us-gaap Preferred Stock Voting Rights
PreferredStockVotingRights
Each holder of Series A Preferred Stock shall vote with holders of the Common Stock upon any matter submitted to a vote of shareholders, in which event it shall have the number of votes equal to the number of shares of Common Stock into which such share of Series A Preferred Stock would be convertible on the record date for the vote or consent of shareholders. Each holder of Series A Preferred Stock shall also be entitled to one vote per share on each submitted to a class vote of the holders of Series A Preferred Stock.
us-gaap Conversion Of Stock Description
ConversionOfStockDescription
Each share of Series A Preferred Stock is convertible into 33.94971 shares of Common Stock at the option of the holder thereof.
dway Mandatory Conversion Right Description
MandatoryConversionRightDescription
The Company has the right to convert each share of Series A Preferred Stock into 33.94971 shares of Common Stock at any time that there are less than 200,000 shares of Series A Preferred Stock outstanding.
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
113301722 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
106551722 shares
CY2024Q2 dway Treasury Stock Share
TreasuryStockShare
15100 shares
CY2023Q3 dway Treasury Stock Share
TreasuryStockShare
15100 shares
CY2024Q2 us-gaap Treasury Stock Value
TreasuryStockValue
18126 usd
CY2023Q3 us-gaap Treasury Stock Value
TreasuryStockValue
18126 usd
CY2024Q2 us-gaap Capitalized Costs Oil And Gas Producing Activities Net
CapitalizedCostsOilAndGasProducingActivitiesNet
94437 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
1317 usd
dway Addition Of New Derivatives Recognized As Debt Discounts
AdditionOfNewDerivativesRecognizedAsDebtDiscounts
1114947 usd
dway Loss On Change In Fair Value Of Derivative
LossOnChangeInFairValueOfDerivative
271039 usd
CY2024Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
1387303 usd
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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