2024 Q2 Form 10-K Financial Statement
#000141057824000581 Filed on May 01, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $237.6K | $351.6K | $1.349M |
YoY Change | -19.43% | -16.91% | 17.3% |
Cost Of Revenue | $64.39K | $80.65K | $303.3K |
YoY Change | 2.99% | -10.61% | 16.12% |
Gross Profit | $173.3K | $271.0K | $1.046M |
YoY Change | -25.46% | -18.62% | 17.65% |
Gross Profit Margin | 72.9% | 77.06% | 77.51% |
Selling, General & Admin | $425.1K | $493.9K | $3.110M |
YoY Change | -25.92% | -15.54% | 24.81% |
% of Gross Profit | 245.36% | 182.29% | 297.51% |
Research & Development | $231.4K | ||
YoY Change | 150.74% | ||
% of Gross Profit | 22.14% | ||
Depreciation & Amortization | $0.00 | $0.00 | $4.557K |
YoY Change | -100.0% | -79.17% | |
% of Gross Profit | 0.0% | 0.0% | 0.44% |
Operating Expenses | $425.1K | $493.9K | $3.342M |
YoY Change | -25.92% | -16.32% | 29.31% |
Operating Profit | -$251.8K | -$223.0K | -$2.065M |
YoY Change | -26.23% | -13.35% | 28.77% |
Interest Expense | $58.30K | -$115.1K | $893.2K |
YoY Change | -79.51% | -59.0% | 12.9% |
% of Operating Profit | |||
Other Income/Expense, Net | $483.1K | -$19.00K | -$576.3K |
YoY Change | -143.19% | -69.1% | |
Pretax Income | $231.2K | -$348.7K | -$2.641M |
YoY Change | -115.84% | -58.0% | -23.85% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $231.2K | -$348.7K | -$2.641M |
YoY Change | -115.84% | -59.21% | -23.85% |
Net Earnings / Revenue | 97.3% | -99.16% | -195.82% |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 507.3M | 463.1M | 377.2M |
Diluted Shares Outstanding | 1.944B | 377.2M |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $116.9K | $87.70K | $87.70K |
YoY Change | -71.91% | -76.2% | -76.2% |
Cash & Equivalents | $116.9K | $87.70K | $87.70K |
Short-Term Investments | |||
Other Short-Term Assets | $236.3K | $288.6K | $288.6K |
YoY Change | -27.7% | 38.82% | 38.82% |
Inventory | $31.68K | $68.52K | $68.52K |
Prepaid Expenses | |||
Receivables | $4.338K | $4.399K | $4.400K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $389.2K | $449.2K | $449.2K |
YoY Change | -55.87% | -30.66% | -30.66% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $149.7K | $149.7K | $299.2K |
YoY Change | 0.0% | -78.78% | -57.59% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $275.7K | $299.2K | $299.2K |
YoY Change | 84.19% | -57.59% | -57.59% |
TOTAL ASSETS | |||
Total Short-Term Assets | $389.2K | $449.2K | $449.2K |
Total Long-Term Assets | $275.7K | $299.2K | $299.2K |
Total Assets | $665.0K | $748.4K | $748.4K |
YoY Change | -35.55% | -44.7% | -44.7% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $240.4K | $239.5K | $267.6K |
YoY Change | -10.81% | -10.22% | -12.09% |
Accrued Expenses | $612.4K | $38.47K | $965.7K |
YoY Change | -7.71% | -80.16% | -9.36% |
Deferred Revenue | $438.2K | $197.3K | |
YoY Change | 84.38% | -9.31% | |
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $1.539M | $1.394M | $1.394M |
YoY Change | 8.94% | 4.25% | 4.25% |
Total Short-Term Liabilities | $3.831M | $3.357M | $3.357M |
YoY Change | 21.48% | 14.79% | 14.79% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $150.0K | $150.0K | $150.0K |
YoY Change | 0.0% | -76.55% | -76.55% |
Other Long-Term Liabilities | $4.982K | $8.416K | $114.6K |
YoY Change | -50.17% | -17.76% | 1020.43% |
Total Long-Term Liabilities | $4.982K | $8.416K | $264.6K |
YoY Change | -50.17% | -17.76% | -59.29% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.831M | $3.357M | $3.357M |
Total Long-Term Liabilities | $4.982K | $8.416K | $264.6K |
Total Liabilities | $4.065M | $3.621M | $3.621M |
YoY Change | 22.67% | 1.32% | 1.32% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$28.07M | -$27.47M | |
YoY Change | 4.97% | 10.65% | |
Common Stock | $5.659K | $4.631K | |
YoY Change | 30.9% | 144.25% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$3.400M | -$2.873M | -$2.873M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $665.0K | $748.4K | $748.4K |
YoY Change | -35.55% | -44.7% | -44.7% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $231.2K | -$348.7K | -$2.641M |
YoY Change | -115.84% | -59.21% | -23.85% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $4.557K |
YoY Change | -100.0% | -79.17% | |
Cash From Operating Activities | $108.9K | -$50.94K | -$1.417M |
YoY Change | -117.13% | 53.9% | 83.28% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $149.7K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $1.895M | |
YoY Change | |||
Cash From Investing Activities | $0.00 | $1.745M | |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -70.84K | 180.0 | -608.2K |
YoY Change | 113.76% | -100.31% | -180.18% |
NET CHANGE | |||
Cash From Operating Activities | 108.9K | -50.94K | -1.417M |
Cash From Investing Activities | 0.000 | 1.745M | |
Cash From Financing Activities | -70.84K | 180.0 | -608.2K |
Net Change In Cash | 38.09K | -50.76K | -280.7K |
YoY Change | -104.65% | -43.91% | 1803.84% |
FREE CASH FLOW | |||
Cash From Operating Activities | $108.9K | -$50.94K | -$1.417M |
Capital Expenditures | $0.00 | $149.7K | |
Free Cash Flow | -$50.94K | -$1.567M | |
YoY Change |
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CY2022 | elcq |
Share Issued During Period Value Convertible Promissory Notes Settlement
ShareIssuedDuringPeriodValueConvertiblePromissoryNotesSettlement
|
708370 | |
CY2022 | elcq |
Adjustments To Additional Paid In Capital Warrant Issued In Conjunction With Debt Settlement
AdjustmentsToAdditionalPaidInCapitalWarrantIssuedInConjunctionWithDebtSettlement
|
65000 | |
CY2022 | elcq |
Adjustments To Additional Paid In Capital Warrants Issued In Conjunction With Convertible Promissory Notes
AdjustmentsToAdditionalPaidInCapitalWarrantsIssuedInConjunctionWithConvertiblePromissoryNotes
|
445974 | |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
435000 | |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
14703 | |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3468500 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2220845 | |
CY2023 | elcq |
Stock Issued During Period Value Conversion Of Convertible Securities Accrued Interest And Derivative Liabilities
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesAccruedInterestAndDerivativeLiabilities
|
300034 | |
CY2023 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
400000 | |
CY2023 | elcq |
Share Issued During Period Values In Conjunction Settlement Reset
ShareIssuedDuringPeriodValuesInConjunctionSettlementReset
|
698000 | |
CY2023 | elcq |
Share Issued During Period Values In Settlement Of Stock Based Compensation Liabilities
ShareIssuedDuringPeriodValuesInSettlementOfStockBasedCompensationLiabilities
|
21000 | |
CY2023 | elcq |
Stock Issued During Period Value Warrant Exercises For Cash
StockIssuedDuringPeriodValueWarrantExercisesForCash
|
175 | |
CY2023 | elcq |
Adjustments To Additional Paid In Capital Valuation Of Trigger Warrants
AdjustmentsToAdditionalPaidInCapitalValuationOfTriggerWarrants
|
263476 | |
CY2023 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
8381 | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2641246 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2872787 | |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-2641246 | |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3468500 | |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
715000 | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
509603 | |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1845 | |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4557 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21875 | |
CY2023 | elcq |
Right Of Use Asset Amortization
RightOfUseAssetAmortization
|
21648 | |
CY2022 | elcq |
Forgiveness Of Debt Instrument
ForgivenessOfDebtInstrument
|
5900 | |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
8381 | |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-1079800 | |
CY2023 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
639341 | |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
584261 | |
CY2023 | elcq |
Change In Fair Value Of Derivative Liabilities
ChangeInFairValueOfDerivativeLiabilities
|
120610 | |
CY2023 | us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
355597 | |
CY2023 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1193676 | |
CY2023 | us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
876 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-3200 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-25641 | |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
6456 | |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-156449 | |
CY2023 | elcq |
Prepaid Inventories And Other Current Asset
PrepaidInventoriesAndOtherCurrentAsset
|
80693 | |
CY2022 | elcq |
Prepaid Inventories And Other Current Asset
PrepaidInventoriesAndOtherCurrentAsset
|
169870 | |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-27263 | |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
51959 | |
CY2023 | elcq |
Increase Decrease In Credit Card Payables
IncreaseDecreaseInCreditCardPayables
|
-9536 | |
CY2022 | elcq |
Increase Decrease In Credit Card Payables
IncreaseDecreaseInCreditCardPayables
|
26350 | |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
725461 | |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
196340 | |
CY2023 | elcq |
Increase Decrease In Customer Deposits Operating Activities
IncreaseDecreaseInCustomerDepositsOperatingActivities
|
-20263 | |
CY2022 | elcq |
Increase Decrease In Customer Deposits Operating Activities
IncreaseDecreaseInCustomerDepositsOperatingActivities
|
217588 | |
CY2023 | elcq |
Increase Decrease In Financial Lease Liability
IncreaseDecreaseInFinancialLeaseLiability
|
-16196 | |
CY2023 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-1818 | |
CY2022 | us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
1067 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1417393 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-773337 | |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
149705 | |
CY2023 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
1894588 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
1744883 | |
CY2023 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
522401 | |
CY2022 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
25355 | |
CY2022 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-57875 | |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
1545140 | |
CY2023 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
85985 | |
CY2022 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
746084 | |
CY2023 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
175 | |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
42766 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-608211 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
758592 | |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-280721 | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-14745 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
368425 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
383170 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
87704 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
368425 | |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
40241 | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
103819 | |
CY2022 | elcq |
Adoption Of Accounting Standard
AdoptionOfAccountingStandard
|
379355 | |
CY2023 | elcq |
Settlement Of Stock Based Compensation Liabilities
SettlementOfStockBasedCompensationLiabilities
|
719000 | |
CY2022 | elcq |
Warrants Common Stock And Beneficial Conversion Feature Issued In Conjunction With Convertible Promissory Note
WarrantsCommonStockAndBeneficialConversionFeatureIssuedInConjunctionWithConvertiblePromissoryNote
|
510974 | |
CY2023 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
300034 | |
CY2022 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
1103370 | |
CY2022Q4 | us-gaap |
Deferred Income
DeferredIncome
|
23313 | |
CY2022 | elcq |
Increase Decrease In Operating Loss Carryforwards
IncreaseDecreaseInOperatingLossCarryforwards
|
214257 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
5403695 | |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
4090409 | |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.025 | |
CY2023 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
164408 | |
CY2023 | 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-color:#000000;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 based on 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> | |
CY2023 | elcq |
Accumulated Net Loss
AccumulatedNetLoss
|
23700000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1417393 | |
CY2023 | elcq |
Working Capital Deficit
WorkingCapitalDeficit
|
2900000 | |
CY2023 | elcq |
Right Of Return Period
RightOfReturnPeriod
|
P30D | |
CY2022 | elcq |
Sales Returns Allowance
SalesReturnsAllowance
|
6990 | |
CY2023 | elcq |
Sales Returns Allowance
SalesReturnsAllowance
|
6990 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
197325 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
217588 | |
CY2023 | elcq |
Initial Warranty Period
InitialWarrantyPeriod
|
P3Y | |
CY2023Q4 | us-gaap |
Deferred Income
DeferredIncome
|
20787 | |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
1845 | |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
1000 | |
CY2023Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
12442 | |
CY2022Q4 | us-gaap |
Receivables From Customers
ReceivablesFromCustomers
|
13342 | |
CY2023Q4 | us-gaap |
Due From Customer Acceptances
DueFromCustomerAcceptances
|
594 | |
CY2022Q4 | us-gaap |
Due From Customer Acceptances
DueFromCustomerAcceptances
|
0 | |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
70950 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
73385 | |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
491846 | |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
80122 | |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
120610 | |
CY2023Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
532334 | |
CY2022 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | |
CY2023 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | |
CY2022Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2023Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1260254 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
38465 | |
CY2023Q4 | elcq |
Deferred Tax Accounts Payable
DeferredTaxAccountsPayable
|
7061 | |
CY2023Q4 | elcq |
Deferred Tax Assets Customer Deposits
DeferredTaxAssetsCustomerDeposits
|
5248 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.259 | |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
326627 | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
933627 | |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
263660 | |
CY2022 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
53288 | |
CY2023 | elcq |
Increase Decrease In Operating Loss Carryforwards
IncreaseDecreaseInOperatingLossCarryforwards
|
1313286 | |
CY2022 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
21875 | |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1393601 | |
CY2022Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1680774 | |
CY2022Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
375865 | |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
1393601 | |
CY2022Q4 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
61000 | |
CY2023Q4 | us-gaap |
Sales And Excise Tax Payable Current And Noncurrent
SalesAndExciseTaxPayableCurrentAndNoncurrent
|
61000 | |
CY2023 | elcq |
Standard Warranty Period
StandardWarrantyPeriod
|
P3Y | |
CY2023Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
16642 | |
CY2022Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
12679 | |
CY2023 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
0 | |
CY2023 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
231434 | |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
92299 | |
CY2023Q4 | elcq |
Stock Options Warrants And Convertible Promissory Notes With Underlying Shares
StockOptionsWarrantsAndConvertiblePromissoryNotesWithUnderlyingShares
|
1535713792 | |
CY2022Q4 | elcq |
Stock Options Warrants And Convertible Promissory Notes With Underlying Shares
StockOptionsWarrantsAndConvertiblePromissoryNotesWithUnderlyingShares
|
231796422 | |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
420000000 | |
CY2022Q4 | us-gaap |
Notes Payable
NotesPayable
|
1304909 | |
CY2022Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.025 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
174692 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
899987 | |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
24987 | |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
194518 | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
149705 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
705469 | |
CY2023Q1 | elcq |
Net Proceeds From Sale Of Buildings Upon Repayment Of Bank Debt
NetProceedsFromSaleOfBuildingsUponRepaymentOfBankDebt
|
1363818 | |
CY2023Q1 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
1193676 | |
CY2023 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4557 | |
CY2023 | us-gaap |
Debt Instrument Periodic Payment Principal
DebtInstrumentPeriodicPaymentPrincipal
|
932600 | |
CY2023 | us-gaap |
Debt Instrument Periodic Payment Interest
DebtInstrumentPeriodicPaymentInterest
|
93700 | |
CY2023 | elcq |
Debt Default Penalty Amount
DebtDefaultPenaltyAmount
|
257000 | |
CY2023Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1393601 | |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
1393601 | |
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 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
1440 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
3246 | |
CY2023Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
145314 | |
CY2023Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
150000 | |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
491846 | |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
|
80122 | |
CY2023 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
|
120610 | |
CY2023Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
532334 | |
CY2022Q4 | elcq |
Number Of Members Appointed In Board
NumberOfMembersAppointedInBoard
|
2 | |
CY2022 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
7500000 | |
CY2022 | elcq |
Stock Issued During Period Value Per Share Issued For Services
StockIssuedDuringPeriodValuePerShareIssuedForServices
|
0.035 | |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
262500 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
999000000 | |
CY2023Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1999000000 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
2000000 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
65271 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
67230 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
51548 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
184049 | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
29104 | |
CY2023Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12000 | |
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 | |
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 Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
173000000 | |
CY2023 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
263476 | |
CY2023 | elcq |
Adjustments To Additional Paid In Capital Warrants Reset
AdjustmentsToAdditionalPaidInCapitalWarrantsReset
|
3461 | |
CY2023 | elcq |
Stock Issued During Period Shares Warrant Exercises
StockIssuedDuringPeriodSharesWarrantExercises
|
375000 | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
176838431 | |
CY2022 | elcq |
Warrants Issued
WarrantsIssued
|
21000000 | |
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 | |
CY2023Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P5Y | |
CY2022Q2 | us-gaap |
Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
|
65000 | |
CY2022Q2 | us-gaap |
Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
|
259000 | |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
27837533 | |
CY2022 | elcq |
Reduction To Retained Earnings And Increase In Additional Paid In Capital
ReductionToRetainedEarningsAndIncreaseInAdditionalPaidInCapital
|
107888 | |
CY2023 | elcq |
Commitment For Product Development
CommitmentForProductDevelopment
|
300000 | |
CY2023 | elcq |
Amount For Commitment For Product Development Paid
AmountForCommitmentForProductDevelopmentPaid
|
150000 | |
CY2023 | elcq |
Expected Milestone Term
ExpectedMilestoneTerm
|
P12M | |
CY2023Q3 | elcq |
Operating Lease Rental Payments
OperatingLeaseRentalPayments
|
5280 | |
CY2023Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P3Y | |
CY2023Q4 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.124 | |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
21648 | |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
154945 | |
CY2023Q4 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
932600 | |
CY2023 | us-gaap |
Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
|
93700 | |
CY2023Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
1.25 | |
CY2023Q4 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
257000 | |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |