2024 Q3 Form 10-Q Financial Statement

#000147793224005731 Filed on September 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $63.00K
YoY Change -86.6%
Cost Of Revenue $0.00
YoY Change -100.0%
Gross Profit $63.00K
YoY Change -83.85%
Gross Profit Margin 100.0%
Selling, General & Admin $512.0K
YoY Change -64.39%
% of Gross Profit 812.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $203.0K
YoY Change 244.07%
% of Gross Profit 322.22%
Operating Expenses $1.088M
YoY Change -49.32%
Operating Profit -$1.025M
YoY Change -41.66%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$40.00K
YoY Change -97.0%
Pretax Income -$1.065M
YoY Change -65.56%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.065M
YoY Change -65.56%
Net Earnings / Revenue -1690.48%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.05
COMMON SHARES
Basic Shares Outstanding 22.47M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.000K
YoY Change -80.95%
Cash & Equivalents $4.000K
Short-Term Investments
Other Short-Term Assets $298.0K
YoY Change 36.07%
Inventory
Prepaid Expenses $172.0K
Receivables
Other Receivables
Total Short-Term Assets $474.0K
YoY Change -70.6%
LONG-TERM ASSETS
Property, Plant & Equipment $1.000K
YoY Change -99.85%
Goodwill $16.50M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $221.0K
YoY Change -0.45%
Total Long-Term Assets $21.34M
YoY Change -3.44%
TOTAL ASSETS
Total Short-Term Assets $474.0K
Total Long-Term Assets $21.34M
Total Assets $21.81M
YoY Change -8.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.297M
YoY Change 7.99%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $1.627M
YoY Change 199.08%
Total Short-Term Liabilities $4.174M
YoY Change 15.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change -100.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.174M
Total Long-Term Liabilities $0.00
Total Liabilities $4.174M
YoY Change 14.2%
SHAREHOLDERS EQUITY
Retained Earnings -$70.84M
YoY Change 8.24%
Common Stock $2.000K
YoY Change 100.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $17.64M
YoY Change
Total Liabilities & Shareholders Equity $21.81M
YoY Change -8.01%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income -$1.065M
YoY Change -65.56%
Depreciation, Depletion And Amortization $203.0K
YoY Change 244.07%
Cash From Operating Activities -$449.0K
YoY Change -634.52%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 426.0K
YoY Change 330.3%
NET CHANGE
Cash From Operating Activities -449.0K
Cash From Investing Activities 0.000
Cash From Financing Activities 426.0K
Net Change In Cash -23.00K
YoY Change -253.33%
FREE CASH FLOW
Cash From Operating Activities -$449.0K
Capital Expenditures $0.00
Free Cash Flow -$449.0K
YoY Change 76.77%

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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
167000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4000 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
0 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
20000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1000 usd
us-gaap Interest Paid Net
InterestPaidNet
43000 usd
us-gaap Interest Paid Net
InterestPaidNet
54000 usd
ebi Issuance Of Common Stock For Services
IssuanceOfCommonStockForServices
186000 usd
ebi Acquisition Of Cryptocurrencies Net
AcquisitionOfCryptocurrenciesNet
0 usd
ebi Issuance Of Common Stock For Services
IssuanceOfCommonStockForServices
0 usd
ebi Acquisition Of Cryptocurrencies Net
AcquisitionOfCryptocurrenciesNet
2242000 usd
CY2024Q3 ebi Cash Fdic Insured Limit Amount
CashFDICInsuredLimitAmount
250000 usd
CY2024Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
0 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
404000 usd
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
605000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
80000 usd
us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
131000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
324000 usd
us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
474000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
662000 usd
us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
1050000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
29000 usd
us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
57000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
691000 usd
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
1107000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-367000 usd
us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
-633000 usd
CY2023Q3 ebi Disposal Group Including Discontinued Operations Other Income
DisposalGroupIncludingDiscontinuedOperationsOtherIncome
-21000 usd
ebi Disposal Group Including Discontinued Operations Other Income
DisposalGroupIncludingDiscontinuedOperationsOtherIncome
-37000 usd
CY2023Q3 us-gaap Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
-388000 usd
us-gaap Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
-670000 usd
CY2023Q3 us-gaap Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal
0 usd
us-gaap Discontinued Operation Tax Expense Benefit From Provision For Gain Loss On Disposal
DiscontinuedOperationTaxExpenseBenefitFromProvisionForGainLossOnDisposal
0 usd
CY2023Q3 us-gaap Discontinued Operation Provision For Loss Gain On Disposal Net Of Tax
DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax
-388000 usd
us-gaap Discontinued Operation Provision For Loss Gain On Disposal Net Of Tax
DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax
-670000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18000 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
17000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1000 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2000 usd
CY2023Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
149500 usd
CY2023Q4 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
125000 usd
CY2023Q4 ebi Original Issue Discount
OriginalIssueDiscount
19500 usd
CY2023Q4 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
5000 usd
CY2023Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.11 pure
CY2024Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
83300 usd
CY2024Q1 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
65000 usd
CY2024Q1 ebi Original Issue Discount
OriginalIssueDiscount
13300 usd
CY2024Q1 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
5000 usd
CY2024Q1 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.14 pure
CY2024Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
120000 usd
CY2024Q3 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
95000 usd
CY2024Q3 ebi Original Issue Discount
OriginalIssueDiscount
20000 usd
CY2024Q3 us-gaap Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
5000 usd
CY2024Q3 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.10 pure
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
22193616 shares
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
16902546 shares
CY2024Q2 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
1052632 shares
CY2024Q2 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
4095948 shares
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
241735 shares
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
200000 usd
ebi Warrants Outstanding Shares Beginning
WarrantsOutstandingSharesBeginning
2611000 shares
ebi Warrants Outstanding Weighted Average Conversion Price Beginning
WarrantsOutstandingWeightedAverageConversionPriceBeginning
1.09
ebi Cancelled Or Expired Shares
CancelledOrExpiredShares
-100000 shares
ebi Cancelled Expired Weighted Average Conversion Price
CancelledExpiredWeightedAverageConversionPrice
1.00
ebi Warrants Outstanding Shares
WarrantsOutstandingShares
2511000 shares
ebi Warrants Outstanding Weighted Average Conversion Price
WarrantsOutstandingWeightedAverageConversionPrice
1.10
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2024Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1065000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2704000 usd
us-gaap Net Income Loss
NetIncomeLoss
-2449000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-4240000 usd
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-388000 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-670000 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-1065000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-3092000 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-2449000 usd
us-gaap Net Income Loss
NetIncomeLoss
-4910000 usd
CY2024Q3 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
21174000 shares
CY2023Q3 us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
9924000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
19106000 shares
us-gaap Weighted Average Basic Shares Outstanding Pro Forma
WeightedAverageBasicSharesOutstandingProForma
9923000 shares
CY2023Q3 ebi Effect Of Dilutive Securities Preferred Stock
EffectOfDilutiveSecuritiesPreferredStock
0 shares
ebi Effect Of Dilutive Securities Preferred Stock
EffectOfDilutiveSecuritiesPreferredStock
0 shares
ebi Effect Of Dilutive Securities Preferred Stock
EffectOfDilutiveSecuritiesPreferredStock
0 shares
CY2024Q3 ebi Weighted Average Number Of Diluted Shares Outstanding1
WeightedAverageNumberOfDilutedSharesOutstanding1
21174000 shares
CY2023Q3 ebi Weighted Average Number Of Diluted Shares Outstanding1
WeightedAverageNumberOfDilutedSharesOutstanding1
9924000 shares
ebi Weighted Average Number Of Diluted Shares Outstanding1
WeightedAverageNumberOfDilutedSharesOutstanding1
19106000 shares
ebi Weighted Average Number Of Diluted Shares Outstanding1
WeightedAverageNumberOfDilutedSharesOutstanding1
9923000 shares
CY2024Q3 ebi Income Loss From Continuing Operation Per Basic And Diluted Share
IncomeLossFromContinuingOperationPerBasicAndDilutedShare
-0.05
CY2023Q3 ebi Income Loss From Continuing Operation Per Basic And Diluted Share
IncomeLossFromContinuingOperationPerBasicAndDilutedShare
-0.27
ebi Income Loss From Continuing Operation Per Basic And Diluted Share
IncomeLossFromContinuingOperationPerBasicAndDilutedShare
-0.13
ebi Income Loss From Continuing Operation Per Basic And Diluted Share
IncomeLossFromContinuingOperationPerBasicAndDilutedShare
-0.43
CY2024Q3 ebi Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
0
CY2023Q3 ebi Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
-0.04
ebi Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
0
ebi Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
-0.07
CY2024Q3 ebi Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.05
CY2023Q3 ebi Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.31
ebi Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.13
ebi Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
-0.49

Files In Submission

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0001477932-24-005731-index-headers.html Edgar Link pending
0001477932-24-005731-index.html Edgar Link pending
0001477932-24-005731.txt Edgar Link pending
0001477932-24-005731-xbrl.zip Edgar Link pending
ebi-20240731.xsd Edgar Link pending
ebi_10q.htm Edgar Link pending
ebi_ex311.htm Edgar Link pending
ebi_ex312.htm Edgar Link pending
ebi_ex321.htm Edgar Link pending
ebi_ex322.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
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FilingSummary.xml Edgar Link unprocessable
ebi_10q_htm.xml Edgar Link completed
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report.css Edgar Link pending
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ebi-20240731_cal.xml Edgar Link unprocessable
ebi-20240731_def.xml Edgar Link unprocessable
ebi-20240731_pre.xml Edgar Link unprocessable
ebi-20240731_lab.xml Edgar Link unprocessable