2024 Q4 Form 10-Q Financial Statement

#000149315224044736 Filed on November 12, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.139M $1.477M
YoY Change 44.82% 48.74%
% of Gross Profit
Research & Development $1.213M $574.0K
YoY Change 111.32% 64.94%
% of Gross Profit
Depreciation & Amortization $38.00K $13.00K
YoY Change 192.31%
% of Gross Profit
Operating Expenses $3.352M $2.051M
YoY Change 63.43% 52.95%
Operating Profit -$3.352M -$2.052M
YoY Change 63.35%
Interest Expense $74.00K $0.00
YoY Change -100.0%
% of Operating Profit
Other Income/Expense, Net $2.852M -$141.0K
YoY Change -2122.7%
Pretax Income -$500.0K -$2.192M
YoY Change -77.19% 40.33%
Income Tax
% Of Pretax Income
Net Earnings -$500.0K -$2.192M
YoY Change -77.19% 40.33%
Net Earnings / Revenue
Basic Earnings Per Share -$0.01 -$0.08
Diluted Earnings Per Share -$0.01 -$0.07
COMMON SHARES
Basic Shares Outstanding 34.66M shares 35.16M shares 28.23M shares
Diluted Shares Outstanding 33.52M shares 28.23M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.827M $10.77M
YoY Change -27.3%
Cash & Equivalents $7.827M $10.77M
Short-Term Investments
Other Short-Term Assets $18.00K $148.0K
YoY Change -87.84%
Inventory
Prepaid Expenses $353.0K
Receivables
Other Receivables
Total Short-Term Assets $8.198M $10.91M
YoY Change -24.89%
LONG-TERM ASSETS
Property, Plant & Equipment $772.0K $2.385M
YoY Change -67.63%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $2.271M $2.385M
YoY Change -4.78%
TOTAL ASSETS
Total Short-Term Assets $8.198M $10.91M
Total Long-Term Assets $2.271M $2.385M
Total Assets $10.47M $13.30M
YoY Change -21.28%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.179M $820.0K
YoY Change 43.78%
Accrued Expenses $392.0K $353.0K
YoY Change 11.05%
Deferred Revenue $241.0K
YoY Change
Short-Term Debt $115.0K $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $6.677M $1.314M
YoY Change 408.14%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.055M $1.447M
YoY Change -27.09%
Total Long-Term Liabilities $1.055M $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $6.677M $1.314M
Total Long-Term Liabilities $1.055M $0.00
Total Liabilities $7.732M $2.761M
YoY Change 180.04%
SHAREHOLDERS EQUITY
Retained Earnings -$32.42M
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.737M $10.54M
YoY Change
Total Liabilities & Shareholders Equity $10.47M $13.30M
YoY Change -21.28%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income -$500.0K -$2.192M
YoY Change -77.19% 40.33%
Depreciation, Depletion And Amortization $38.00K $13.00K
YoY Change 192.31%
Cash From Operating Activities -$2.606M -$1.139M
YoY Change 128.8% -16.68%
INVESTING ACTIVITIES
Capital Expenditures $11.00K $413.0K
YoY Change -97.34%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$11.00K -$413.0K
YoY Change -97.34%
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 940.0K
YoY Change 375.64% -413.33%
NET CHANGE
Cash From Operating Activities -2.606M -1.139M
Cash From Investing Activities -11.00K -413.0K
Cash From Financing Activities 4.471M 940.0K
Net Change In Cash 1.854M -612.0K
YoY Change -402.94% -63.29%
FREE CASH FLOW
Cash From Operating Activities -$2.606M -$1.139M
Capital Expenditures $11.00K $413.0K
Free Cash Flow -$2.617M -$1.552M
YoY Change 68.62% 13.53%

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DerivativeLossOnDerivative
72000 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
81000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
310000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
291000 usd
us-gaap Depreciation
Depreciation
110000 usd
us-gaap Depreciation
Depreciation
16000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
317000 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
2000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
91000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
396000 usd
FBLG Increase Decrease In In Commitment Fee Payable
IncreaseDecreaseInInCommitmentFeePayable
1863000 usd
FBLG Increase Decrease In Payable To Parent
IncreaseDecreaseInPayableToParent
-141000 usd
FBLG Increase Decrease In Payable To Parent
IncreaseDecreaseInPayableToParent
141000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-300000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-273000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-8828000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-4800000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
85000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
493000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-85000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-493000 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
459000 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
1193000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
7462000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7577000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1336000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8500000 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
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7827000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
10766000 usd
us-gaap Interest Paid Net
InterestPaidNet
14000 usd
us-gaap Interest Paid Net
InterestPaidNet
1000 usd
FBLG Issuance Of Series B Preferred Stock For Conversion Of Notes And Accrued Interest
IssuanceOfSeriesBPreferredStockForConversionOfNotesAndAccruedInterest
5866000 usd
FBLG Reclassification Of Derivative Liability For Conversion Of Notes To Series B Preferred Stock
ReclassificationOfDerivativeLiabilityForConversionOfNotesToSeriesBPreferredStock
538000 usd
FBLG Settlement Of Forward Contract Liability For Sale Of Shares To Gem Pursuant To Draw Down And Closing Notices
SettlementOfForwardContractLiabilityForSaleOfSharesToGemPursuantToDrawDownAndClosingNotices
409000 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-32419000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7827000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2819000 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2819000 usd
CY2024Q3 us-gaap Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
4643000 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_843_eus-gaap--UseOfEstimates_z7MDEP4GTOOe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_zwEJVG7GUjhg">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 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: 0pt 0pt 0pt 0; 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: 0pt 0pt 0pt 0; 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_844_eus-gaap--ConcentrationRiskCreditRisk_zIObZRkkrs6d" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_862_zseozDVPfphh">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 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: 0pt 0pt 0pt 0; 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_90E_eus-gaap--CashFDICInsuredAmount_iI_pn3d_c20240930_z3NVG95ikkwh" 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: 0pt 0pt 0pt 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: 0pt 0pt 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2024Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
6488000 usd
CY2023Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-500000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-2193000 usd
us-gaap Net Income Loss
NetIncomeLoss
-8062000 usd
us-gaap Net Income Loss
NetIncomeLoss
-6768000 usd
FBLG Deemed Dividend
DeemedDividend
-2573000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-500000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2193000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-8062000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-9341000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33516656 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33516656 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
28230842 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
28230842 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
32457473 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
32457473 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
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.33
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.33
CY2024Q3 FBLG Stock Issued During Period Remaining Shares Issues
StockIssuedDuringPeriodRemainingSharesIssues
741164 shares
CY2022Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
5600000 usd
CY2022Q4 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
10000000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
929000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
844000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
157000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
47000 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
772000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
797000 usd
CY2024Q3 us-gaap Depreciation
Depreciation
38000 usd
CY2023Q3 us-gaap Depreciation
Depreciation
13000 usd
us-gaap Depreciation
Depreciation
110000 usd
us-gaap Depreciation
Depreciation
16000 usd
CY2024Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
6488000 usd
CY2024Q3 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
6488000 usd
CY2024Q3 FBLG Forward Contract Liability
ForwardContractLiability
241000 usd
CY2024Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
2887000 usd
CY2024Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
3128000 usd
CY2023Q4 FBLG Liability Instrument Fair Value
LiabilityInstrumentFairValue
7236000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
7236000 usd
CY2023Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
7236000 usd
CY2024Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1000000 shares
CY2024Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
258836 shares
CY2024Q3 FBLG Stock Issued During Period Remaining Shares Issues
StockIssuedDuringPeriodRemainingSharesIssues
741164 shares
CY2024Q3 us-gaap Share Price
SharePrice
3.25
CY2024Q3 FBLG Floor Price
FloorPrice
3.25
CY2024Q3 FBLG Discount Percentage
DiscountPercentage
0.10 pure
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 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
CY2024Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1600000 shares
CY2024Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
758000 usd
CY2024Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1600000 shares
CY2024Q3 us-gaap Sale Of Stock Percentage Of Ownership Before Transaction
SaleOfStockPercentageOfOwnershipBeforeTransaction
0.90 pure
CY2024Q3 us-gaap Share Price
SharePrice
4.74
CY2024Q3 FBLG Discount Percentage
DiscountPercentage
0.10 pure
CY2024Q3 us-gaap Liabilities Related To Investment Contracts Fair Value Disclosure
LiabilitiesRelatedToInvestmentContractsFairValueDisclosure
286000 usd
CY2024Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
100000 shares
CY2024Q3 us-gaap Share Price
SharePrice
1.65
CY2024Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
4.51
CY2024Q3 FBLG Discount Percentage
DiscountPercentage
0.10 pure
CY2024Q3 us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
500000 shares
CY2024Q3 FBLG Stock Issued During Period Remaining Shares Issues
StockIssuedDuringPeriodRemainingSharesIssues
1000000 shares
CY2024Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
1000000 shares
CY2024Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
325000 usd
CY2024Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1000000 shares
CY2024Q3 us-gaap Sale Of Stock Percentage Of Ownership Before Transaction
SaleOfStockPercentageOfOwnershipBeforeTransaction
0.90 pure
CY2024Q3 us-gaap Share Price
SharePrice
3.25
CY2024Q3 FBLG Floor Price
FloorPrice
3.25
CY2024Q3 FBLG Discount Percentage
DiscountPercentage
0.10 pure
CY2024Q3 us-gaap Liabilities Related To Investment Contracts Fair Value Disclosure
LiabilitiesRelatedToInvestmentContractsFairValueDisclosure
57000 usd
CY2024Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
258836 shares
CY2024Q3 FBLG Stock Price
StockPrice
3.14
CY2024Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
2.93
CY2024Q3 FBLG Discount Percentage
DiscountPercentage
0.10 pure
CY2024Q3 FBLG Stock Issued During Period Remaining Shares Issues
StockIssuedDuringPeriodRemainingSharesIssues
741164 shares
CY2024Q3 FBLG Stock Issued During Period Remaining Shares Issues
StockIssuedDuringPeriodRemainingSharesIssues
741164 shares
CY2024Q3 us-gaap Share Price
SharePrice
3.25
CY2024Q3 FBLG Floor Price
FloorPrice
3.25
CY2024Q3 FBLG Discount Percentage
DiscountPercentage
0.10 pure
us-gaap Payments For Rent
PaymentsForRent
466000 usd
us-gaap Payments For Rent
PaymentsForRent
504000 usd
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
2573000 usd
CY2023Q3 FBLG Derivative Liabilities Payable To Related Parties
DerivativeLiabilitiesPayableToRelatedParties
2645000 usd
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
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
25000 shares
CY2024Q3 us-gaap Share Price
SharePrice
1.73
CY2024Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
8467889 shares
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
8711500 shares
CY2024Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
572000 usd
CY2023Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
440000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1631000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1333000 usd
CY2024Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
5766000 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y7M6D
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.037 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
0.039 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 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
9.70

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report.css Edgar Link pending
Show.js Edgar Link pending
fblg-20240930_cal.xml Edgar Link unprocessable