2024 Q1 Form 10-K Financial Statement
#000121390024028567 Filed on April 01, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $572.7K | $576.3K | $2.362M |
YoY Change | -9.42% | -3.58% | -4.6% |
Cost Of Revenue | $127.1K | $121.8K | $493.4K |
YoY Change | 15.56% | 0.63% | 23.45% |
Gross Profit | $445.6K | $454.5K | $1.868M |
YoY Change | -11.45% | -4.65% | -5.45% |
Gross Profit Margin | 77.81% | 78.87% | 79.11% |
Selling, General & Admin | $359.1K | $532.9K | $2.090M |
YoY Change | -26.99% | -24.97% | -7.21% |
% of Gross Profit | 80.58% | 117.25% | 111.85% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $2.873K | $13.73K | $53.40K |
YoY Change | 12.53% | -52.83% | 745.07% |
% of Gross Profit | 0.64% | 3.02% | 2.86% |
Operating Expenses | $372.9K | $546.6K | $2.143M |
YoY Change | -26.11% | -26.06% | -6.84% |
Operating Profit | $72.70K | -$92.13K | -$274.8K |
YoY Change | -4988.9% | -64.93% | -15.28% |
Interest Expense | $4.360K | -$1.880K | -$6.130K |
YoY Change | -163.01% | -178.66% | -167.36% |
% of Operating Profit | 6.0% | ||
Other Income/Expense, Net | $4.415K | $90.13K | $90.13K |
YoY Change | -163.77% | -6.45% | -28.89% |
Pretax Income | $77.11K | -$3.880K | -$190.8K |
YoY Change | -1016.92% | -97.63% | -3.45% |
Income Tax | $29.62K | $31.91K | |
% Of Pretax Income | |||
Net Earnings | $77.11K | -$33.50K | -$222.7K |
YoY Change | -1016.92% | -82.81% | -6.75% |
Net Earnings / Revenue | 13.46% | -5.81% | -9.43% |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 414.4M shares | 414.4M shares | 414.4M shares |
Diluted Shares Outstanding | 414.4M shares | 414.4M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $420.3K | $699.4K | $699.4K |
YoY Change | -8.65% | 38.77% | 38.77% |
Cash & Equivalents | $420.3K | $699.3K | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $568.8K | $369.9K | $369.9K |
Other Receivables | $463.8K | $595.3K | $595.3K |
Total Short-Term Assets | $1.453M | $1.664M | $1.664M |
YoY Change | -7.98% | 31.01% | 31.01% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $13.87K | $293.1K | $293.1K |
YoY Change | -32.97% | 1425.58% | 617.28% |
Goodwill | |||
YoY Change | |||
Intangibles | $121.6K | $130.3K | |
YoY Change | -22.86% | -22.46% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $397.2K | $423.4K | $423.4K |
YoY Change | -18.19% | 102.69% | 102.7% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.453M | $1.664M | $1.664M |
Total Long-Term Assets | $397.2K | $423.4K | $423.4K |
Total Assets | $1.850M | $2.088M | $2.088M |
YoY Change | -10.38% | 41.13% | 41.13% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $28.43K | $379.3K | $379.3K |
YoY Change | 71.78% | 1004.53% | -5.58% |
Accrued Expenses | $270.1K | $42.79K | $42.79K |
YoY Change | 514.23% | 249.02% | 249.02% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.320M | $1.622M | $1.622M |
YoY Change | -2.69% | 59.44% | 59.44% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $222.5K | $235.9K | $235.9K |
YoY Change | -15.44% | 2412.57% | 2412.57% |
Total Long-Term Liabilities | $222.5K | $235.9K | $235.9K |
YoY Change | -15.44% | 2412.3% | 2412.57% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.320M | $1.622M | $1.622M |
Total Long-Term Liabilities | $222.5K | $235.9K | $235.9K |
Total Liabilities | $1.543M | $1.858M | $1.858M |
YoY Change | -4.76% | 80.96% | 80.96% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$44.79M | -$44.86M | |
YoY Change | 0.31% | 0.5% | |
Common Stock | $45.09M | $45.09M | |
YoY Change | 108700.41% | 108700.41% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $307.0K | $229.9K | $229.9K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.850M | $2.088M | $2.088M |
YoY Change | -10.38% | 41.13% | 41.13% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $77.11K | -$33.50K | -$222.7K |
YoY Change | -1016.92% | -82.81% | -6.75% |
Depreciation, Depletion And Amortization | $2.873K | $13.73K | $53.40K |
YoY Change | 12.53% | -52.83% | 745.07% |
Cash From Operating Activities | -$274.4K | $550.0K | $206.2K |
YoY Change | 587.57% | 396.52% | -1.99% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $2.380K | $2.660K | $10.82K |
YoY Change | -40.91% | -7.64% | -27.44% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$4.689K | -$2.660K | -$10.82K |
YoY Change | 16.41% | -7.64% | -27.44% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | |||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -$274.4K | 550.0K | 206.2K |
Cash From Investing Activities | -$4.689K | -2.660K | -10.82K |
Cash From Financing Activities | |||
Net Change In Cash | -$279.1K | 547.3K | 195.4K |
YoY Change | 535.2% | 407.31% | 0.1% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$274.4K | $550.0K | $206.2K |
Capital Expenditures | $2.380K | $2.660K | $10.82K |
Free Cash Flow | -$276.8K | $547.3K | $195.4K |
YoY Change | 529.95% | 407.31% | -0.05% |
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CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
414059168 | shares |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-222727 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-238858 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
10292 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
6319 | usd |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
43112 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
42000 | usd |
CY2023 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
34402 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
38700 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
39040 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-96618 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
30663 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-52436 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
|
49104 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Other Related Parties Current
IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent
|
208069 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
79854 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
56159 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-2024 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-43986 | usd |
CY2023 | elvg |
Increase Decrease In Trade Accounts Payable
IncreaseDecreaseInTradeAccountsPayable
|
-158430 | usd |
CY2022 | elvg |
Increase Decrease In Trade Accounts Payable
IncreaseDecreaseInTradeAccountsPayable
|
222639 | usd |
CY2023 | elvg |
Increase Decrease In Trade Accounts Payable Related Party
IncreaseDecreaseInTradeAccountsPayableRelatedParty
|
138047 | usd |
CY2022 | elvg |
Increase Decrease In Trade Accounts Payable Related Party
IncreaseDecreaseInTradeAccountsPayableRelatedParty
|
-27789 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
376203 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
279475 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
179165 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
38146 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-34402 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
41204 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
8894 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
206181 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
210365 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5438 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
14911 | usd |
CY2023 | us-gaap |
Payments For Software
PaymentsForSoftware
|
5378 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10816 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14911 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
195365 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
195455 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
503981 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
308526 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
699346 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
503981 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
10217 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
210000 | usd |
CY2023 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
291467 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
452591 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8410 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
444181 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-126266 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
317915 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-54547 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
263368 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-33503 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
229864 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
442749 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
38700 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
301000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-465 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
781984 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
10810 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
792794 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-54273 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
738521 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
-91000 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-194930 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
452591 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><b>NOTE 1 – DESCRIPTION OF BUSINESS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: left"><b> </b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Elvictor Group, Inc. formerly known as Thenablers, Inc. (“Elvictor Group, Inc.” or the “Company”) was incorporated in Nevada on November 3, 2017. With the change to the Elvictor name came the addition of the brand and new team in crew management in the shipping industry. The new management team comes from Elvictor (the Greece-based private entity founded in 1977, which is the predecessor to the company whose business became a part of the business of Thenablers in 2019, the “Elvictor Greece”) that has been active across various value-adding activities of the shipping sector, such as ship management, technical management, crewing & crew management. Its professional core of activities includes crew management, training and the creation of in-house software related to crew and ship matters, for the amelioration of all its operations, facilitating both its employees and those that depend on them. The Company aims to broaden its scope of activities, expanding on to new areas, while refining the existing ones. Placing prime importance on digitalization, the Company plans on the extensive use of Artificial Intelligence, through the application of Machine and Deep Learning, in concert with the integration of a wide array of cloud systems. The strategic growth of the Group on a horizontal and vertical manner throughout the shipping industry will be reinforced with technologically adept tools, containing know-how and experience. Working on a technologically oriented path, the Company is ideologically flexible and open to other avenues of international business for the successful and profitable diversification of its portfolio.</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">On December 13, 2019, pursuant to the approval of a majority consent vote for Thenablers, Inc., the Company filed a Certificate of Amendment with the Secretary of State for Nevada to change its name from “Thenablers, Inc.” to “Elvictor Group, Inc.”, to better reflect new business interests and to further apply for a corporate action with FINRA to have the name change approved and to change the symbol of the Company to “ELVG”.</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">Pursuant to the approval of that application to FINRA, and on February 27, 2020, the name of the Company was changed to Elvictor Group, Inc. on the OTC Markets, and the symbol for trading was changed to “ELVG”.</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">As of July 10, 2020, the Company founded a subsidiary in Vari, Greece to assist the management in facilitating the operations of the Company. Additionally, the Company has purchased Ultra Ship Management, a Company incorporated in the Marshall Islands that is licensed to provide ship management services, who in turn established a subsidiary in Vari, Greece.</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">On January 2022, the Company established the fully owned subsidiary ELVG Crew Management Ltd, incorporated in Cyprus, to facilitate its crew management operations.</p> | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Use of Estimates</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses and disclosure of contingent assets and liabilities at the date the consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P3Y | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P5Y | |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
369904 | usd |
CY2023Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
37857 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
330864 | usd |
CY2022Q4 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
7194 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
85112 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
42000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
130266 | usd |
CY2022Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
168000 | usd |
CY2023 | us-gaap |
Servicing Asset At Amortized Value Period Increase Decrease
ServicingAssetAtAmortizedValuePeriodIncreaseDecrease
|
210000 | usd |
CY2023 | elvg |
Amortized Over Life
AmortizedOverLife
|
P5Y | |
CY2023 | us-gaap |
Payments For Software
PaymentsForSoftware
|
5378 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
278718 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
42786 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
235932 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
58428 | usd |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
56931 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
43930 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
43807 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
42529 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
130266 | usd |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
43112 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
42000 | usd |
CY2023 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
0 | usd |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
0 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
5000 | usd | |
CY2021Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
3500 | eur |
CY2021Q4 | us-gaap |
Payments For Rent
PaymentsForRent
|
1000 | eur |
CY2023Q1 | us-gaap |
Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
|
P8Y | |
CY2023 | us-gaap |
Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
|
0.0492 | pure |
CY2023 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
291467 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
56299 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
46364 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
46364 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
46364 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
139091 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
334482 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
55764 | usd |
CY2023Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
861878 | usd |
CY2022Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
485675 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
700000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
414448757 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
414448757 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
414448757 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
414448757 | shares |
CY2020Q3 | us-gaap |
Revenues Net Of Interest Expense
RevenuesNetOfInterestExpense
|
3000000 | usd |
CY2020Q3 | us-gaap |
Investment Company Debt Instrument Amount Repaid To Principal Excess Less
InvestmentCompanyDebtInstrumentAmountRepaidToPrincipalExcessLess
|
10000000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
111833 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
7000000 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
210000 | usd |
CY2019Q4 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
80000000 | shares |
CY2019Q4 | us-gaap |
Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
|
30000 | usd |
CY2021Q2 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
375459000 | shares |
CY2020Q3 | us-gaap |
Lease Cost
LeaseCost
|
5000 | eur |
us-gaap |
Lease Cost
LeaseCost
|
3500 | eur | |
CY2023Q1 | us-gaap |
Lessee Operating Lease Lease Not Yet Commenced Renewal Term1
LesseeOperatingLeaseLeaseNotYetCommencedRenewalTerm1
|
P8Y | |
CY2021Q4 | us-gaap |
Rental Properties
RentalProperties
|
1000 | eur |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
900000 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1118000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
237437 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
190664 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
237437 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
190664 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
237437 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
190664 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
29621 | usd |
CY2022 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
30995 | usd |
CY2023 | elvg |
Current Foreign Prior Year
CurrentForeignPriorYear
|
2285 | usd |
CY2022 | elvg |
Current Foreign Prior Year
CurrentForeignPriorYear
|
10217 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
31906 | usd |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
41212 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
31906 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
41212 | usd |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
414059168 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
414448757 | shares |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
usd | |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
usd | |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
usd | |
CY2023 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2022 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001741489 |