2022 Q4 Form 10-K Financial Statement

#000141057823000555 Filed on March 31, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022
Revenue $423.2K $1.150M
YoY Change 78.69% 26.72%
Cost Of Revenue $90.22K $261.2K
YoY Change 119.14% 31.1%
Gross Profit $332.9K $888.6K
YoY Change 70.17% 25.49%
Gross Profit Margin 78.68% 77.28%
Selling, General & Admin $584.8K $2.492M
YoY Change -65.2% -44.72%
% of Gross Profit 175.65% 280.45%
Research & Development $92.30K
YoY Change -57.13%
% of Gross Profit 10.39%
Depreciation & Amortization $5.470K $21.88K
YoY Change 0.0% 0.0%
% of Gross Profit 1.64% 2.46%
Operating Expenses $590.3K $2.584M
YoY Change -64.99% -45.29%
Operating Profit -$257.3K -$1.604M
YoY Change -82.74% -57.8%
Interest Expense -$280.7K $791.1K
YoY Change -20.93% -76.13%
% of Operating Profit
Other Income/Expense, Net $0.00 -$1.865M
YoY Change -60.15%
Pretax Income -$830.1K -$3.469M
YoY Change -55.02% -59.1%
Income Tax
% Of Pretax Income
Net Earnings -$854.8K -$3.469M
YoY Change -53.68% -59.1%
Net Earnings / Revenue -202.01% -301.65%
Basic Earnings Per Share -$0.03
Diluted Earnings Per Share $0.00 -$0.03
COMMON SHARES
Basic Shares Outstanding 172.9M 133.6M
Diluted Shares Outstanding 133.6M

Balance Sheet

Concept 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $368.4K $368.4K
YoY Change -3.85% -3.85%
Cash & Equivalents $368.4K $368.4K
Short-Term Investments
Other Short-Term Assets $207.9K $207.9K
YoY Change 447.03% 447.03%
Inventory $62.06K $62.06K
Prepaid Expenses
Receivables $9.444K $9.440K
Other Receivables $0.00 $0.00
Total Short-Term Assets $647.8K $647.8K
YoY Change -4.0% -4.0%
LONG-TERM ASSETS
Property, Plant & Equipment $705.5K $705.5K
YoY Change -3.01% -3.01%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $705.5K $705.5K
YoY Change -3.01% -3.01%
TOTAL ASSETS
Total Short-Term Assets $647.8K $647.8K
Total Long-Term Assets $705.5K $705.5K
Total Assets $1.353M $1.353M
YoY Change -3.48% -3.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $266.7K $304.4K
YoY Change 24.19% 34.64%
Accrued Expenses $193.8K $1.065M
YoY Change -38.86% 236.07%
Deferred Revenue $217.6K
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $1.337M $1.337M
YoY Change 48.68% 48.68%
Total Short-Term Liabilities $2.924M $2.924M
YoY Change 102.76% 102.76%
LONG-TERM LIABILITIES
Long-Term Debt $639.7K $639.7K
YoY Change -4.99% -4.99%
Other Long-Term Liabilities $10.23K $10.23K
YoY Change 11.64% 11.56%
Total Long-Term Liabilities $10.23K $649.9K
YoY Change 11.64% -4.76%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.924M $2.924M
Total Long-Term Liabilities $10.23K $649.9K
Total Liabilities $3.574M $3.574M
YoY Change 68.22% 68.22%
SHAREHOLDERS EQUITY
Retained Earnings -$24.83M
YoY Change 13.45%
Common Stock $1.896K
YoY Change 116.44%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.221M -$2.221M
YoY Change
Total Liabilities & Shareholders Equity $1.353M $1.353M
YoY Change -3.48% -3.48%

Cashflow Statement

Concept 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$854.8K -$3.469M
YoY Change -53.68% -59.1%
Depreciation, Depletion And Amortization $5.470K $21.88K
YoY Change 0.0% 0.0%
Cash From Operating Activities -$33.10K -$773.3K
YoY Change -88.49% -35.21%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $42.77K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -57.39K 758.6K
YoY Change -111.34% -42.18%
NET CHANGE
Cash From Operating Activities -33.10K -773.3K
Cash From Investing Activities
Cash From Financing Activities -57.39K 758.6K
Net Change In Cash -90.49K -14.75K
YoY Change -141.44% -112.47%
FREE CASH FLOW
Cash From Operating Activities -$33.10K -$773.3K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2021 elcq Warrants Common Stock And Beneficial Conversion Feature Issued In Conjunction With Convertible Promissory Note
WarrantsCommonStockAndBeneficialConversionFeatureIssuedInConjunctionWithConvertiblePromissoryNote
1095096
CY2021 elcq Derivative Liabilities Issued In Conjunction With Convertible Promissory Notes
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1197607
CY2022 us-gaap Debt Conversion Converted Instrument Amount1
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1103370
CY2021 us-gaap Debt Conversion Converted Instrument Amount1
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5223235
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;margin:0pt 0pt 10pt 0pt;"><span style="text-decoration-line:underline;text-decoration-style:solid;">Use of Estimates</span></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;line-height:1.19;text-align:justify;margin:0pt 0pt 10pt 0pt;">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of certain assets and liabilities, certain disclosures at the date of the financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates affecting the financial statements have been prepared on the basis of the most current and best available information. However, actual results from the resolution of such estimates and assumptions may vary from those used in the preparation of the financial statements.</p>
CY2022 elcq Accumulated Net Loss
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21100000
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 elcq Working Capital Deficit
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2300000
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CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2022 elcq Sales Returns Allowance
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6990
CY2022Q4 us-gaap Contract With Customer Liability Current
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217588
CY2021Q4 us-gaap Contract With Customer Liability Current
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0
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CY2022Q4 us-gaap Deferred Income
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23313
CY2021Q4 us-gaap Deferred Income
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CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1000
CY2022Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
14047
CY2021Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
13900
CY2022Q4 us-gaap Due From Customer Acceptances
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0
CY2021Q4 us-gaap Due From Customer Acceptances
DueFromCustomerAcceptances
12800
CY2021Q4 us-gaap Contract With Customer Liability Current
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0
CY2021 us-gaap Other Operating Income Expense Net
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747395
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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831852
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1415685
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
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1197607
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-3445144
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
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0
CY2021Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0
CY2022Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
0
CY2022Q4 us-gaap Deferred Tax Assets Gross
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933627
CY2022Q4 us-gaap Accrued Liabilities Current
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193848
CY2022Q4 elcq Deferred Tax Accounts Payable
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13457
CY2022Q4 elcq Deferred Tax Assets Customer Deposits
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56355
CY2022 elcq Effective Income Tax Rate Reconciliation Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationFederalStatutoryIncomeTaxRate
0.259
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.259
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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53288
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
333084
CY2022 elcq Increase Decrease In Operating Loss Carryforwards
IncreaseDecreaseInOperatingLossCarryforwards
214257
CY2021 elcq Increase Decrease In Operating Loss Carryforwards
IncreaseDecreaseInOperatingLossCarryforwards
1339245
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2021 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
39500
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
4090409
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
3876152
CY2021Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
61000
CY2022Q4 us-gaap Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
61000
CY2022 elcq Standard Warranty Period
StandardWarrantyPeriod
P3Y
CY2022Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
12679
CY2021Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
14828
CY2022 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
92299
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
215320
CY2022Q4 elcq Stock Options Warrants And Convertible Promissory Notes With Underlying Shares
StockOptionsWarrantsAndConvertiblePromissoryNotesWithUnderlyingShares
231796422
CY2021Q4 elcq Stock Options Warrants And Convertible Promissory Notes With Underlying Shares
StockOptionsWarrantsAndConvertiblePromissoryNotesWithUnderlyingShares
32883205
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
899987
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
899987
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
194518
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
172643
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
705469
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
727344
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21875
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21875
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
158875
CY2022Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
57875
CY2022 elcq Interest Income Expense Related Party Net
InterestIncomeExpenseRelatedPartyNet
78
CY2021 elcq Interest Income Expense Related Party Net
InterestIncomeExpenseRelatedPartyNet
18590
CY2022Q2 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.025
CY2022Q2 elcq Number Of Warrants Issued
NumberOfWarrantsIssued
2500000
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.025
CY2022Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.025
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1680774
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1534853
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
375865
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
723166
CY2022Q4 us-gaap Notes Payable
NotesPayable
1304909
CY2021Q4 us-gaap Notes Payable
NotesPayable
811687
CY2022Q1 us-gaap Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
78495
CY2022Q1 us-gaap Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
95410
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1680774
CY2022Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
375865
CY2022Q4 us-gaap Notes Payable
NotesPayable
1304909
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1534853
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
723166
CY2021Q4 us-gaap Notes Payable
NotesPayable
811687
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
31490
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
30586
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
459449
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1675
CY2022Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
148325
CY2022Q4 us-gaap Long Term Debt
LongTermDebt
671525
CY2020Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
831852
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1415685
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
1197607
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
-3445144
CY2021 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
158875
CY2022Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
57875
CY2022 elcq Interest Income Expense Related Party Net
InterestIncomeExpenseRelatedPartyNet
78
CY2021 elcq Interest Income Expense Related Party Net
InterestIncomeExpenseRelatedPartyNet
18590
CY2022 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
7500000
CY2021 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
2200000
CY2022 us-gaap Stock Issued1
StockIssued1
262500
CY2021 us-gaap Stock Issued1
StockIssued1
550000
CY2022Q2 elcq Debt Conversion Converted Instrument Accrued Interest Amount
DebtConversionConvertedInstrumentAccruedInterestAmount
51017
CY2022Q2 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
26734801
CY2022 elcq Cashless Warrants Exercised
CashlessWarrantsExercised
17249999
CY2022 elcq Number Of Shares Issued Upon Exercise Of Warrants
NumberOfSharesIssuedUponExerciseOfWarrants
13264887
CY2022 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
350000
CY2022 elcq Stock Issued During Period Shares Conversion Of Convertible Note And Notes Payable
StockIssuedDuringPeriodSharesConversionOfConvertibleNoteAndNotesPayable
30500000
CY2021Q4 us-gaap Share Price
SharePrice
0.5499
CY2021 us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
1699800
CY2021 elcq Debt Conversion Converted Instrument Accrued Interest Amount
DebtConversionConvertedInstrumentAccruedInterestAmount
49334051
CY2022Q3 us-gaap Share Price
SharePrice
0.02
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
50000000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
3000000
CY2022 elcq Share Based Compensation Arrangement By Share Based Payment Award Shares Issued Price Per Share
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedPricePerShare
0.01
CY2022Q4 us-gaap Deferred Compensation Liability Current
DeferredCompensationLiabilityCurrent
21000
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
0
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21807
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
445000
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.71
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P1Y6M
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
445000
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.71
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P0Y6M
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
445000
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
0
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
0
CY2022 elcq Warrants Issued
WarrantsIssued
21000000
CY2022Q4 us-gaap Warrants And Rights Outstanding Measurement Input
WarrantsAndRightsOutstandingMeasurementInput
385422
CY2022Q2 us-gaap Debt Instrument Convertible Carrying Amount Of The Equity Component
DebtInstrumentConvertibleCarryingAmountOfTheEquityComponent
500000
CY2022Q2 elcq Warrants Issued
WarrantsIssued
2500000
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.025
CY2022Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P5Y
CY2022Q2 us-gaap Warrants And Rights Outstanding Measurement Input
WarrantsAndRightsOutstandingMeasurementInput
65000
CY2022Q2 us-gaap Warrants And Rights Outstanding Measurement Input
WarrantsAndRightsOutstandingMeasurementInput
65000
CY2022Q2 us-gaap Extinguishment Of Debt Amount
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259000
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
27837533
CY2021Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.025
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
2.446
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0093
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
CY2021Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
18468499
CY2021 elcq Reduction To Retained Earnings And Increase In Additional Paid In Capital
ReductionToRetainedEarningsAndIncreaseInAdditionalPaidInCapital
3770831
CY2022 elcq Commitment For Product Development
CommitmentForProductDevelopment
525000
CY2022 elcq Amount For Commitment For Product Development Paid
AmountForCommitmentForProductDevelopmentPaid
212000

Files In Submission

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