2024 Q3 Form 10-Q Financial Statement
#000149315224030603 Filed on August 07, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.139M | $2.249M | $2.490M |
YoY Change | 44.82% | -32.6% | |
% of Gross Profit | |||
Research & Development | $1.213M | $975.0K | $960.0K |
YoY Change | 111.32% | -4.51% | 100.84% |
% of Gross Profit | |||
Depreciation & Amortization | $38.00K | $37.00K | $35.00K |
YoY Change | 192.31% | 1133.33% | 3400.0% |
% of Gross Profit | |||
Operating Expenses | $3.352M | $3.224M | $3.450M |
YoY Change | 63.43% | -26.02% | 52.32% |
Operating Profit | -$3.352M | -$3.224M | -$3.450M |
YoY Change | 63.35% | 54.04% | 52.32% |
Interest Expense | $74.00K | $5.000K | $4.000K |
YoY Change | -103.42% | -97.04% | |
% of Operating Profit | |||
Other Income/Expense, Net | $2.852M | $30.00K | |
YoY Change | -2122.7% | -141.67% | |
Pretax Income | -$500.0K | $898.0K | -$8.460M |
YoY Change | -77.19% | -119.62% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$500.0K | $898.0K | -$8.460M |
YoY Change | -77.19% | -112.56% | 250.31% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.01 | $0.03 | -$0.27 |
Diluted Earnings Per Share | -$0.01 | $0.03 | -$0.27 |
COMMON SHARES | |||
Basic Shares Outstanding | 35.16M shares | 32.72M shares | 32.63M shares |
Diluted Shares Outstanding | 33.52M shares | 32.72M shares | 31.13M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.827M | $5.973M | $8.158M |
YoY Change | -27.3% | -47.5% | |
Cash & Equivalents | $7.827M | $5.973M | $8.158M |
Short-Term Investments | |||
Other Short-Term Assets | $18.00K | $18.00K | $18.00K |
YoY Change | -87.84% | -95.29% | |
Inventory | |||
Prepaid Expenses | $353.0K | $518.0K | $746.0K |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $8.198M | $6.509M | $8.922M |
YoY Change | -24.89% | -44.65% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $772.0K | $799.0K | $770.0K |
YoY Change | -67.63% | -61.66% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $2.271M | $2.403M | $2.477M |
YoY Change | -4.78% | 15.31% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $8.198M | $6.509M | $8.922M |
Total Long-Term Assets | $2.271M | $2.403M | $2.477M |
Total Assets | $10.47M | $8.912M | $11.40M |
YoY Change | -21.28% | -35.63% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.179M | $1.208M | $814.0K |
YoY Change | 43.78% | 102.01% | |
Accrued Expenses | $392.0K | $382.0K | $372.0K |
YoY Change | 11.05% | 11.05% | |
Deferred Revenue | $241.0K | $1.500M | |
YoY Change | |||
Short-Term Debt | $115.0K | $287.0K | $459.0K |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $6.677M | $10.13M | $13.99M |
YoY Change | 408.14% | 975.58% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $1.055M | $1.167M | $1.277M |
YoY Change | -27.09% | -24.66% | |
Total Long-Term Liabilities | $1.055M | $1.167M | $1.277M |
YoY Change | -24.66% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.677M | $10.13M | $13.99M |
Total Long-Term Liabilities | $1.055M | $1.167M | $1.277M |
Total Liabilities | $7.732M | $11.30M | $15.26M |
YoY Change | 180.04% | 353.59% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$32.42M | -$31.92M | -$32.82M |
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $2.737M | -$2.387M | -$3.863M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $10.47M | $8.912M | $11.40M |
YoY Change | -21.28% | -35.63% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$500.0K | $898.0K | -$8.460M |
YoY Change | -77.19% | -112.56% | 250.31% |
Depreciation, Depletion And Amortization | $38.00K | $37.00K | $35.00K |
YoY Change | 192.31% | 1133.33% | 3400.0% |
Cash From Operating Activities | -$2.606M | -$1.947M | -$4.275M |
YoY Change | 128.8% | -46.82% | 109.97% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $11.00K | $66.00K | $8.000K |
YoY Change | -97.34% | -17.5% | -85.71% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$11.00K | -$66.00K | -$8.000K |
YoY Change | -97.34% | -17.5% | -85.71% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 4.471M | -172.0K | $3.278M |
YoY Change | 375.64% | -101.34% | -77.5% |
NET CHANGE | |||
Cash From Operating Activities | -2.606M | -1.947M | -$4.275M |
Cash From Investing Activities | -11.00K | -66.00K | -$8.000K |
Cash From Financing Activities | 4.471M | -172.0K | $3.278M |
Net Change In Cash | 1.854M | -2.185M | -$1.005M |
YoY Change | -402.94% | -123.98% | -108.06% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.606M | -$1.947M | -$4.275M |
Capital Expenditures | $11.00K | $66.00K | $8.000K |
Free Cash Flow | -$2.617M | -$2.013M | -$4.283M |
YoY Change | 68.62% | -46.19% | 104.73% |
Facts In Submission
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|
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
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|
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|
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|
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|
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|
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StockholdersEquity
|
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Stockholders Equity
StockholdersEquity
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|
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|
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|
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StockholdersEquity
|
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Stockholders Equity
StockholdersEquity
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CY2023Q2 | us-gaap |
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|
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|
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|
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us-gaap |
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FBLG |
Fair Value Adjustment Of Liability Instrument
FairValueAdjustmentOfLiabilityInstrument
|
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FBLG |
Fair Value Adjustment Of Forward Contract Liability
FairValueAdjustmentOfForwardContractLiability
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1103000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
896000 | usd | |
us-gaap |
Derivative Loss On Derivative
DerivativeLossOnDerivative
|
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us-gaap |
Amortization Of Debt Discount Premium
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|
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us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
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us-gaap |
Depreciation
Depreciation
|
72000 | usd | |
us-gaap |
Depreciation
Depreciation
|
3000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
482000 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
39000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
2000 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
284000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-236000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
174000 | usd | |
FBLG |
Increase Decrease In In Commitment Fee Payable
IncreaseDecreaseInInCommitmentFeePayable
|
1941000 | usd | |
FBLG |
Increase Decrease In Payable To Parent
IncreaseDecreaseInPayableToParent
|
-141000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-198000 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-180000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-6222000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3661000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
74000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
80000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-74000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-80000 | usd | |
FBLG |
Rofn Agreement Payments To Parent
RofnAgreementPaymentsToParent
|
2645000 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
300000 | usd | |
us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
574000 | usd | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
287000 | usd | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
14945000 | usd | |
FBLG |
Proceeds From Issuance Of Preferred Stock And Preference Stock1
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock1
|
253000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2819000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3106000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12853000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3190000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
9112000 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9163000 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
2266000 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5973000 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
11378000 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4000 | usd | |
FBLG |
Issuance Of Series B Preferred Stock For Conversion Of Notes And Accrued Interest
IssuanceOfSeriesBPreferredStockForConversionOfNotesAndAccruedInterest
|
5532000 | usd | |
FBLG |
Reclassification Of Derivative Liability For Conversion Of Notes To Series B Preferred Stock
ReclassificationOfDerivativeLiabilityForConversionOfNotesToSeriesBPreferredStock
|
538000 | usd | |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-31919000 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5973000 | usd |
CY2024Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2819000 | usd |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-4 shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_842_eus-gaap--UseOfEstimates_zbkPxeoW00c" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_863_zLZNz0w1znH8">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the Unaudited Condensed Financial Statements in conformity with 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 Unaudited Condensed Financial Statements and the reported amounts of expenses during the reporting periods. These estimates are based on information available as of the date of the Unaudited Condensed Financial Statements; therefore, actual results could differ from those estimates and assumptions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_846_eus-gaap--ConcentrationRiskCreditRisk_zw8PjN6hMkIh" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zYkyuWXshVQb">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and cash equivalents. The Company has significant cash balances at financial institutions, which, throughout the year, regularly exceed the federally insured limit of $<span id="xdx_909_eus-gaap--CashFDICInsuredAmount_iI_pn3d_c20240630_zEHIu6gIsXb8" title="Federally insured limit">250,000</span>. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company’s financial condition, results of operations and cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> | ||
CY2024Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
5510000 | usd |
CY2023Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
898000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2160000 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-7562000 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4576000 | usd | |
FBLG |
Deemed Dividend
DeemedDividend
|
-2573000 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
898000 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2160000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7562000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-7149000 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
32719125 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
32719125 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28230842 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28230842 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
31926444 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31926444 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
28230842 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
28230842 | shares | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.03 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.24 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.24 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.25 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.25 | ||
CY2024Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3000000 | shares |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
5600000 | usd |
CY2022Q4 | FBLG |
Capital Stock In Excess
CapitalStockInExcess
|
10000000 | usd |
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
300000 | usd | |
us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
60070 | shares | |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
918000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
844000 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
119000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
47000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
799000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
797000 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
37000 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
2000 | usd |
us-gaap |
Depreciation
Depreciation
|
72000 | usd | |
us-gaap |
Depreciation
Depreciation
|
3000 | usd | |
CY2023Q4 | FBLG |
Liability Instrument
LiabilityInstrument
|
7236000 | usd |
CY2024Q1 | FBLG |
Warrant Liability
WarrantLiability
|
20963000 | usd |
CY2024Q2 | FBLG |
Warrant Liability
WarrantLiability
|
4814000 | usd |
CY2024Q2 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
5510000 | usd |
CY2024Q2 | us-gaap |
Assets Fair Value Disclosure
AssetsFairValueDisclosure
|
5510000 | usd |
CY2024Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
1500000 | usd |
CY2024Q2 | FBLG |
Warrant Liability
WarrantLiability
|
4814000 | usd |
CY2024Q2 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
6314000 | usd |
CY2023Q4 | FBLG |
Liability Instrument Fair Value
LiabilityInstrumentFairValue
|
7236000 | usd |
CY2023Q4 | us-gaap |
Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
|
7236000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
20000000 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Employee Benefit Plan
StockIssuedDuringPeriodSharesEmployeeBenefitPlan
|
51250 | shares |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
|
168000 | usd |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
10000000 | shares |
FBLG |
Description Of Share Subscription Agreement
DescriptionOfShareSubscriptionAgreement
|
The Company may request a drawdown, or sale of common stock shares to the investors, over the five-year term of this agreement following the public listing unless terminated earlier. The amount of the drawdowns requested is limited by the trading volumes of the Company’s common stock over the 30-day period preceding the drawdown, and the price per share is equal to 90% of the average price per share over that same period. A 1% fee was due to the investors if the Company were sold in a private sale transaction rather than completing a public listing of its shares. | ||
CY2024Q1 | FBLG |
Commitment Fee Payable
CommitmentFeePayable
|
2000000 | usd |
CY2024Q1 | us-gaap |
Debt Related Commitment Fees And Debt Issuance Costs
DebtRelatedCommitmentFeesAndDebtIssuanceCosts
|
1941000 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3000000 | shares |
CY2023Q2 | us-gaap |
Lessee Operating Lease Term Of Contract
LesseeOperatingLeaseTermOfContract
|
P12M | |
CY2023Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
6000 | usd |
CY2023Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
7000 | usd |
CY2024Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
8000 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
311000 | usd | |
us-gaap |
Payments For Rent
PaymentsForRent
|
359000 | usd | |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
218000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
488000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
544000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
509000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1759000 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
210000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1549000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
382000 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1167000 | usd |
FBLG |
Payments For Equity Investments
PaymentsForEquityInvestments
|
323000 | usd | |
CY2022 | FBLG |
Payments For Equity Investments
PaymentsForEquityInvestments
|
2265000 | usd |
CY2022 | FBLG |
Percentage Of Gross Proceeds From Equity Investments
PercentageOfGrossProceedsFromEquityInvestments
|
0.15 | pure |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
101250 | shares |
CY2022Q3 | us-gaap |
Share Price
SharePrice
|
3.28 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
3689750 | shares |
CY2023Q1 | us-gaap |
Share Price
SharePrice
|
2.28 | |
CY2023Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2500 | shares |
CY2023Q3 | us-gaap |
Share Price
SharePrice
|
3.28 | |
CY2024Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
216875 | shares |
CY2024Q1 | us-gaap |
Share Price
SharePrice
|
13.00 | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
6875 | shares |
CY2024Q2 | us-gaap |
Share Price
SharePrice
|
6.73 | |
CY2024Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
8487750 | shares |
CY2023Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
8711500 | shares |
CY2024Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
579000 | usd |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
448000 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1058000 | usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
896000 | usd | |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
6359000 | usd |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P2Y10M24D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.042 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.043 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0389 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.97 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
1.01 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.90 | pure | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y | ||
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
10.63 |