2023 Q4 Form 10-Q Financial Statement

#000162828023038999 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q4
Revenue $834.3K $0.00
YoY Change
Cost Of Revenue $853.6K
YoY Change -84.82%
Gross Profit -$19.35K
YoY Change -105.28%
Gross Profit Margin -2.32%
Selling, General & Admin $6.116M $2.589M
YoY Change 249.91% 154.02%
% of Gross Profit
Research & Development $1.012M
YoY Change 12.27%
% of Gross Profit
Depreciation & Amortization $42.49K
YoY Change 34.98%
% of Gross Profit
Operating Expenses $7.127M $2.589M
YoY Change 307.79% 154.02%
Operating Profit -$7.147M
YoY Change 308.9%
Interest Expense $1.292M $4.165M
YoY Change -46.35% 32.59%
% of Operating Profit
Other Income/Expense, Net $3.380M
YoY Change -76434.46%
Pretax Income -$19.95M $1.575M
YoY Change -3122.11% -25.75%
Income Tax $0.00 $628.8K
% Of Pretax Income 39.92%
Net Earnings -$19.95M $946.5K
YoY Change -6955.28% -55.39%
Net Earnings / Revenue -2391.75%
Basic Earnings Per Share -$0.74
Diluted Earnings Per Share -$0.74 $0.02
COMMON SHARES
Basic Shares Outstanding 41.75M shares 38.12M
Diluted Shares Outstanding 26.94M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.100M $19.75K
YoY Change 3242.86% -59.27%
Cash & Equivalents $8.100M $19.75K
Short-Term Investments
Other Short-Term Assets $990.5K $108.2K
YoY Change 139.75% 2.38%
Inventory $20.93M $13.53M
Prepaid Expenses $108.2K
Receivables $371.9K $317.4K
Other Receivables $0.00
Total Short-Term Assets $32.49M $127.9K
YoY Change 4857.47% -17.02%
LONG-TERM ASSETS
Property, Plant & Equipment $1.731M $1.422M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $131.3K $80.95M
YoY Change -99.97% -79.76%
Total Long-Term Assets $5.209M $80.95M
YoY Change -98.7% -79.76%
TOTAL ASSETS
Total Short-Term Assets $32.49M $127.9K
Total Long-Term Assets $5.209M $80.95M
Total Assets $37.70M $81.07M
YoY Change -90.64% -79.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.201M $276.9K
YoY Change 4802.47% 466.1%
Accrued Expenses $2.295M $4.472M
YoY Change -17.16% 84.13%
Deferred Revenue $326.0K $192.0K
YoY Change
Short-Term Debt $0.00 $2.330M
YoY Change -100.0% 153.3%
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $13.45M $8.135M
YoY Change 116.4% 131.17%
LONG-TERM LIABILITIES
Long-Term Debt $21.47M $0.00
YoY Change
Other Long-Term Liabilities $2.605M $14.80M
YoY Change -82.63% -39.84%
Total Long-Term Liabilities $2.605M $14.80M
YoY Change -82.63% -39.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $13.45M $8.135M
Total Long-Term Liabilities $2.605M $14.80M
Total Liabilities $40.56M $22.94M
YoY Change 91.18% -18.44%
SHAREHOLDERS EQUITY
Retained Earnings -$118.5M -$21.60M
YoY Change 493.68% -22.69%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$42.38M -$21.60M
YoY Change
Total Liabilities & Shareholders Equity $37.70M $81.07M
YoY Change -90.64% -79.74%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q4
OPERATING ACTIVITIES
Net Income -$19.95M $946.5K
YoY Change -6955.28% -55.39%
Depreciation, Depletion And Amortization $42.49K
YoY Change 34.98%
Cash From Operating Activities -$9.047M -$502.5K
YoY Change 7031.81% 48.19%
INVESTING ACTIVITIES
Capital Expenditures $261.0K
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$1.910K $324.4M
YoY Change -100.6%
Cash From Investing Activities -$262.9K $324.4M
YoY Change -182.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 13.03M -324.2M
YoY Change -92717.75%
NET CHANGE
Cash From Operating Activities -9.047M -502.5K
Cash From Investing Activities -262.9K 324.4M
Cash From Financing Activities 13.03M -324.2M
Net Change In Cash 3.723M -222.5K
YoY Change 1827.19% -2147.38%
FREE CASH FLOW
Cash From Operating Activities -$9.047M -$502.5K
Capital Expenditures $261.0K
Free Cash Flow -$9.308M
YoY Change

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EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Basic
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CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2023Q3 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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CY2022Q4 us-gaap Stockholders Equity
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CY2023Q1 us-gaap Stockholders Equity
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CY2023Q2 us-gaap Net Income Loss
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q3 us-gaap Stock Issued During Period Value New Issues
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CY2023Q3 us-gaap Stock Issued During Period Value Conversion Of Units
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CY2023Q3 eltq Stock Issued During Period Value Stock Splits
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CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2023Q3 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2023Q3 us-gaap Net Income Loss
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CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q1 us-gaap Stock Issued During Period Value New Issues
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CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Stockholders Equity
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CY2022Q2 eltq Stock Issued During Period Value New Issues Warrants
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity
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CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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CY2022Q3 us-gaap Net Income Loss
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CY2022Q3 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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us-gaap Accretion Expense
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us-gaap Accretion Expense
AccretionExpense
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
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eltq Operating Lease Amortization Expense
OperatingLeaseAmortizationExpense
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eltq Operating Lease Amortization Expense
OperatingLeaseAmortizationExpense
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us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
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us-gaap Gain Loss Related To Litigation Settlement
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us-gaap Inventory Write Down
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us-gaap Inventory Write Down
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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eltq Increase Decrease In Inventory Deposits
IncreaseDecreaseInInventoryDeposits
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eltq Increase Decrease In Inventory Deposits
IncreaseDecreaseInInventoryDeposits
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
23948 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
21718 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Increase Decrease In Other Noncurrent Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments To Acquire Property Plant And Equipment
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Proceeds From Notes Payable
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us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
3584989 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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us-gaap Proceeds From Convertible Debt
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3500000 usd
us-gaap Proceeds From Convertible Debt
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eltq Proceeds Received From Business Combination
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eltq Proceeds Received From Business Combination
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us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
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us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
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us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
693000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
26268359 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2618778 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5480960 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12730198 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8099738 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4157180 usd
us-gaap Interest Paid Net
InterestPaidNet
1601660 usd
us-gaap Interest Paid Net
InterestPaidNet
130890 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
787764 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1200086 usd
us-gaap Stock Issued1
StockIssued1
24787728 usd
us-gaap Stock Issued1
StockIssued1
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eltq Conversion And Exchange Of Warrants For Shares Of Class A Common Stock
ConversionAndExchangeOfWarrantsForSharesOfClassACommonStock
2185254 usd
eltq Conversion And Exchange Of Warrants For Shares Of Class A Common Stock
ConversionAndExchangeOfWarrantsForSharesOfClassACommonStock
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eltq Recapitalization On Conversion Of Pre2023 Seed Preferred To Class A Common Stock
RecapitalizationOnConversionOfPre2023SeedPreferredToClassACommonStock
34792203 usd
eltq Recapitalization On Conversion Of Pre2023 Seed Preferred To Class A Common Stock
RecapitalizationOnConversionOfPre2023SeedPreferredToClassACommonStock
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eltq Increase Decrease In Loans Payable
IncreaseDecreaseInLoansPayable
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eltq Increase Decrease In Loans Payable
IncreaseDecreaseInLoansPayable
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eltq Loan Payable Principal Payments
LoanPayablePrincipalPayments
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eltq Loan Payable Principal Payments
LoanPayablePrincipalPayments
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CY2023Q3 eltq Temporary Equity Dividend Rate Percentage
TemporaryEquityDividendRatePercentage
0.15
CY2023Q2 eltq Reverse Capitalization Pre Close Financing Amount
ReverseCapitalizationPreCloseFinancingAmount
18100000 usd
CY2023Q3 eltq Stock Issued Nonredemption Reverse Recapitalization
StockIssuedNonredemptionReverseRecapitalization
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CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2023Q3 us-gaap Other Payments To Acquire Businesses
OtherPaymentsToAcquireBusinesses
37261790 usd
CY2023Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
10.63
CY2023Q3 eltq Reverse Recapitalization Consideration Transferred Cash Balance
ReverseRecapitalizationConsiderationTransferredCashBalance
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CY2023Q3 us-gaap Proceeds From Issuance Of Common Stock
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CY2023Q3 us-gaap Payments For Repurchase Of Common Stock
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CY2023Q3 eltq Reverse Recapitalization Forward Purchase Contract Asset Issuance Costs
ReverseRecapitalizationForwardPurchaseContractAssetIssuanceCosts
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CY2023Q3 us-gaap Other Payments To Acquire Businesses
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CY2023Q3 eltq Reverse Recapitalization Pre Close Transaction Costs
ReverseRecapitalizationPreCloseTransactionCosts
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CY2023Q3 eltq Cash Acquired Through Reverse Recapitalization Net
CashAcquiredThroughReverseRecapitalizationNet
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CY2023Q3 eltq Reverse Recapitalization Contingent Consideration Liabilities Assumed
ReverseRecapitalizationContingentConsiderationLiabilitiesAssumed
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CY2023Q3 eltq Reverse Recapitalization Consideration Transferred Cumulative Mandatorily Redeemable Stock
ReverseRecapitalizationConsiderationTransferredCumulativeMandatorilyRedeemableStock
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CY2023Q3 eltq Reverse Recapitalization Consideration Transferred Warrants
ReverseRecapitalizationConsiderationTransferredWarrants
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CY2023Q3 eltq Reverse Recapitalization Consideration Transferred Contingently Redeemable Common Shares
ReverseRecapitalizationConsiderationTransferredContingentlyRedeemableCommonShares
3000000 usd
CY2023Q3 eltq Reverse Recapitalization Consideration Transferred Equity Issuance Costs On Forward Purchase Contract Asset
ReverseRecapitalizationConsiderationTransferredEquityIssuanceCostsOnForwardPurchaseContractAsset
594040 usd
CY2023Q3 eltq Reverse Recapitalization Consideration Transferred Warrants Fair Value
ReverseRecapitalizationConsiderationTransferredWarrantsFairValue
1600000 usd
CY2023Q3 eltq Reverse Recapitalization Net
ReverseRecapitalizationNet
26185485 usd
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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us-gaap Use Of Estimates
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<div style="margin-bottom:9pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. Significant estimates and assumptions include the useful lives of property and equipment; inventory; stock-based compensation; warrants; derivatives; preferred stock; Forward Purchase Agreement; Simple Agreement for Future Equity (“SAFE”) notes; convertible notes; income taxes; and reserves for warranties.</span></div>
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
40449 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
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us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2023Q3 us-gaap Advertising Expense
AdvertisingExpense
440618 usd
CY2022Q3 us-gaap Advertising Expense
AdvertisingExpense
148215 usd
us-gaap Advertising Expense
AdvertisingExpense
1122791 usd
us-gaap Advertising Expense
AdvertisingExpense
628826 usd
us-gaap Concentration Risk Credit Risk
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<div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risks and Other Risks and Uncertainties</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Financial instruments potentially subjecting the Company to concentrations of credit risk consist principally of cash and accounts receivable. Cash is mainly deposited on demand at one financial institution in the U.S. At times, such deposits may be in excess of insured limits. The Company has not experienced any losses on its deposits of cash.</span></div>The Company’s accounts receivables are derived from revenue earned from customers located throughout the world. When necessary, the Company performs credit evaluations of its customers’ financial condition and sometimes requires partial payment in advance of shipping.
CY2023Q3 us-gaap Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
3734062 shares
us-gaap Derivatives Embedded Derivatives
DerivativesEmbeddedDerivatives
<div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Embedded Derivatives</span></div><div style="margin-bottom:9pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Company accounts for embedded derivatives at fair value in accordance with ASC 815-15, Derivatives and Hedging; Embedded Derivatives. Embedded derivatives that are required to be bifurcated from the underlying host instrument are accounted for and valued as a separate financial instrument.</span></div>
eltq Standard Product Warranty Term
StandardProductWarrantyTerm
P10Y
eltq Standard Product Warranty Maximum Megawatt Hour Used Threshold To Cancel Warranty
StandardProductWarrantyMaximumMegawattHourUsedThresholdToCancelWarranty
7.52 mwh
CY2023Q3 eltq Cumulative Mandatorily Redeemable Preferred Stock Original Issue Price
CumulativeMandatorilyRedeemablePreferredStockOriginalIssuePrice
10
CY2023Q2 eltq Financial Instruments Subject To Mandatory Redemption Settlement Terms Dividend Percentage
FinancialInstrumentsSubjectToMandatoryRedemptionSettlementTermsDividendPercentage
0.15
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2023Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2022Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
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CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
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CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
976881 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
21176061 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
23260226 shares
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1019207 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15334583 usd
CY2023Q3 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
412372 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
347852 usd
CY2023Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
325993 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
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CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
446360 usd
eltq Contract With Customer Liability Increase From Billings
ContractWithCustomerLiabilityIncreaseFromBillings
1057053 usd
eltq Contract With Customer Liability Increase From Billings
ContractWithCustomerLiabilityIncreaseFromBillings
15517008 usd
eltq Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
1019207 usd
eltq Contract With Customer Liability Revenue Recognized Excluding Opening Balance
ContractWithCustomerLiabilityRevenueRecognizedExcludingOpeningBalance
15334583 usd
CY2023Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
666718 usd
CY2022Q3 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
628785 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
296788 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
38940 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
38940 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
38940 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
38940 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
214170 usd
CY2023Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
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CY2023Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
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Files In Submission

Name View Source Status
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FilingSummary.xml Edgar Link unprocessable
eltq-20230930_cal.xml Edgar Link unprocessable
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0001628280-23-038999-index.html Edgar Link pending
0001628280-23-038999.txt Edgar Link pending
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a691368147_v3xeliq-ex312.htm Edgar Link pending
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a691368538_v3xeliq-ex322.htm Edgar Link pending
electriq-arregistrationr.htm Edgar Link pending
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