2018 Q2 Form 10-K Financial Statement
#000168316818000888 Filed on April 02, 2018
Income Statement
Concept | 2018 Q2 | 2017 Q4 | 2017 |
---|---|---|---|
Revenue | $39.78K | $50.00K | $898.1K |
YoY Change | -93.67% | -61.54% | -19.96% |
Cost Of Revenue | $9.761K | $100.0K | $726.3K |
YoY Change | -98.21% | 11.11% | -16.19% |
Gross Profit | $30.02K | -$50.00K | $171.8K |
YoY Change | -64.15% | -225.0% | -32.73% |
Gross Profit Margin | 75.46% | -100.0% | 19.13% |
Selling, General & Admin | $135.9K | $120.0K | $484.1K |
YoY Change | 13.24% | 0.0% | -7.0% |
% of Gross Profit | 452.68% | 281.74% | |
Research & Development | $56.77K | $30.00K | $208.2K |
YoY Change | 2.38% | -57.14% | 3.14% |
% of Gross Profit | 189.12% | 121.19% | |
Depreciation & Amortization | $0.00 | $0.00 | $2.182K |
YoY Change | 93.1% | ||
% of Gross Profit | 0.0% | 1.27% | |
Operating Expenses | $736.4K | $150.0K | $692.4K |
YoY Change | 291.86% | -21.05% | -4.16% |
Operating Profit | -$706.4K | -$200.0K | -$520.5K |
YoY Change | 577.97% | 33.33% | 11.46% |
Interest Expense | -$390.0K | -$70.00K | -$105.8K |
YoY Change | -52233.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$388.9K | -$10.00K | -$105.8K |
YoY Change | -169187.39% | 0.0% | -18098.47% |
Pretax Income | -$1.905M | -$270.0K | -$626.4K |
YoY Change | 1729.01% | 68.75% | 34.14% |
Income Tax | $0.00 | $0.00 | $694.00 |
% Of Pretax Income | |||
Net Earnings | -$1.095M | -$270.0K | -$626.4K |
YoY Change | 943.42% | 68.75% | 34.0% |
Net Earnings / Revenue | -2753.34% | -540.0% | -69.74% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.02 | -$0.01 | -$18.12K |
COMMON SHARES | |||
Basic Shares Outstanding | 34.57M shares | 34.57M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q2 | 2017 Q4 | 2017 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.720M | $390.0K | $394.4K |
YoY Change | 472.31% | 14.71% | 15.98% |
Cash & Equivalents | $3.721M | $394.4K | $394.4K |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $10.00K | $8.280K |
YoY Change | -100.0% | 0.0% | 4.02% |
Inventory | $66.31K | $47.43K | $47.43K |
Prepaid Expenses | $1.667K | $8.280K | |
Receivables | $0.00 | $26.31K | $26.88K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.808M | $477.0K | $477.0K |
YoY Change | 397.82% | 5.43% | 5.43% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.246K | $6.336K | $6.340K |
YoY Change | -31.0% | -25.61% | -25.59% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $10.00K | $0.00 | $7.210K |
YoY Change | 0.0% | -70.85% | |
Total Long-Term Assets | $12.46K | $13.55K | $13.54K |
YoY Change | -15.91% | -59.25% | -59.28% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.808M | $477.0K | $477.0K |
Total Long-Term Assets | $12.46K | $13.55K | $13.54K |
Total Assets | $3.821M | $490.5K | $490.5K |
YoY Change | 389.96% | 1.0% | 1.0% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $270.0K | $450.0K | $449.3K |
YoY Change | -28.95% | 21.62% | 21.91% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $50.00K | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $380.7K | $481.8K | $481.8K |
YoY Change | -21.24% | 11.67% | 11.67% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $80.00K | $81.34K |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Total Long-Term Liabilities | $0.00 | $80.00K | $81.34K |
YoY Change | 17206.38% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $380.7K | $481.8K | $481.8K |
Total Long-Term Liabilities | $0.00 | $80.00K | $81.34K |
Total Liabilities | $380.7K | $563.1K | $563.1K |
YoY Change | -21.24% | 30.38% | 30.38% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.278M | -$1.979M | |
YoY Change | 114.27% | 46.31% | |
Common Stock | $40.64K | $34.58K | |
YoY Change | 17.55% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.440M | -$72.60K | -$72.60K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.821M | $490.5K | $490.5K |
YoY Change | 389.96% | 1.0% | 1.0% |
Cashflow Statement
Concept | 2018 Q2 | 2017 Q4 | 2017 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.095M | -$270.0K | -$626.4K |
YoY Change | 943.42% | 68.75% | 34.0% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | $2.182K |
YoY Change | 93.1% | ||
Cash From Operating Activities | -$390.0K | -$190.0K | -$445.7K |
YoY Change | -4000.0% | 137.5% | 11.2% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 3.860M | 0.000 | $500.0K |
YoY Change | 819.05% | -703.12% | |
NET CHANGE | |||
Cash From Operating Activities | -390.0K | -190.0K | -$445.7K |
Cash From Investing Activities | 0.000 | $0.00 | |
Cash From Financing Activities | 3.860M | 0.000 | $500.0K |
Net Change In Cash | 3.470M | -190.0K | $54.33K |
YoY Change | 706.98% | 111.11% | -111.04% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$390.0K | -$190.0K | -$445.7K |
Capital Expenditures | $0.00 | $0.00 | |
Free Cash Flow | -$190.0K | -$445.7K | |
YoY Change | 171.43% | 8.96% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
.001 | |
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
34574706 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
34574706 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
34574706 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
34574706 | shares |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-72601 | usd |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
53760 | usd |
CY2017 | us-gaap |
Officers Compensation
OfficersCompensation
|
120000 | usd |
CY2016 | us-gaap |
Officers Compensation
OfficersCompensation
|
121385 | usd |
CY2017 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-626361 | usd |
CY2016 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-467434 | usd |
CY2017 | dei |
Entity Registrant Name
EntityRegistrantName
|
Focus Universal Inc. | |
CY2017 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001590418 | |
CY2017 | dei |
Document Type
DocumentType
|
10-K | |
CY2017 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-12-31 | |
CY2017 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2017 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2017 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2017 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2017 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2017 | dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | |
CY2017 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2017 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
0 | usd |
CY2016Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
0 | usd |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
394398 | usd |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
340071 | usd |
CY2017Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2016Q4 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2017 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2016 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
0 | shares |
CY2017Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
8850 | usd |
CY2016Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
8850 | usd |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3543 | usd |
CY2016Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1362 | usd |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
14420 | usd |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
0 | usd |
CY2017 | us-gaap |
Operating Leases Rent Expense Sublease Rentals1
OperatingLeasesRentExpenseSubleaseRentals1
|
8800 | usd |
CY2018Q1 | dei |
Entity Public Float
EntityPublicFloat
|
86091018 | usd |
CY2017 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
500000 | usd |
CY2017 | us-gaap |
Revenues
Revenues
|
898084 | usd |
CY2016 | us-gaap |
Revenues
Revenues
|
1121978 | usd |
CY2017 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
726252 | usd |
CY2016 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
866559 | usd |
CY2017 | us-gaap |
Gross Profit
GrossProfit
|
171832 | usd |
CY2016 | us-gaap |
Gross Profit
GrossProfit
|
255419 | usd |
CY2017 | us-gaap |
Depreciation
Depreciation
|
2181 | usd |
CY2016 | us-gaap |
Depreciation
Depreciation
|
1130 | usd |
CY2017 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
747 | usd |
CY2016 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-81325 | usd |
CY2017 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-30333 | usd |
CY2016 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
53258 | usd |
CY2017 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
318 | usd |
CY2016 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-6999 | usd |
CY2017 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-17516 | usd |
CY2016 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
0 | usd |
CY2017 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
80743 | usd |
CY2016 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
92585 | usd |
CY2017 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-30392 | usd |
CY2016 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
-77903 | usd |
CY2017 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
-468 | usd |
CY2016 | us-gaap |
Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
|
-443 | usd |
CY2017 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2016 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
8239 | usd |
CY2017 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2016 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8239 | usd |
CY2017 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
54327 | usd |
CY2016 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-491944 | usd |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
26311 | usd |
CY2016Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
25564 | usd |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
47432 | usd |
CY2016Q4 | us-gaap |
Inventory Net
InventoryNet
|
68495 | usd |
CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
8280 | usd |
CY2016Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
7962 | usd |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
476985 | usd |
CY2016Q4 | us-gaap |
Assets Current
AssetsCurrent
|
452424 | usd |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6336 | usd |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
8517 | usd |
CY2017Q4 | us-gaap |
Assets
Assets
|
490531 | usd |
CY2016Q4 | us-gaap |
Assets
Assets
|
485667 | usd |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
449256 | usd |
CY2016Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
368513 | usd |
CY2017Q4 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
31734 | usd |
CY2016Q4 | us-gaap |
Customer Deposits Current
CustomerDepositsCurrent
|
62126 | usd |
CY2017Q4 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
0 | usd |
CY2016Q4 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
0 | usd |
CY2017Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
800 | usd |
CY2016Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
800 | usd |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
481790 | usd |
CY2016Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
431439 | usd |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
563132 | usd |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
431907 | usd |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
34575 | usd |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
34575 | usd |
CY2017Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1871618 | usd |
CY2016Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1371618 | usd |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1978794 | usd |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-1352433 | usd |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
490531 | usd |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
485667 | usd |
CY2017Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
7210 | usd |
CY2016Q4 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
24726 | usd |
CY2017Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
564 | usd |
CY2016Q4 | us-gaap |
Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
|
10332 | usd |
CY2017Q4 | us-gaap |
Investments
Investments
|
0 | usd |
CY2016Q4 | us-gaap |
Investments
Investments
|
0 | usd |
CY2017Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
0 | usd |
CY2016Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
0 | usd |
CY2017Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
81342 | usd |
CY2016Q4 | us-gaap |
Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
|
0 | usd |
CY2017 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
6571 | usd |
CY2016 | us-gaap |
Revenue From Related Parties
RevenueFromRelatedParties
|
5759 | usd |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
208238 | usd |
CY2016 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
201899 | usd |
CY2017 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
107899 | usd |
CY2016 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
142955 | usd |
CY2017 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
255531 | usd |
CY2016 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
256210 | usd |
CY2017 | us-gaap |
Operating Expenses
OperatingExpenses
|
691668 | usd |
CY2016 | us-gaap |
Operating Expenses
OperatingExpenses
|
722449 | usd |
CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-519836 | usd |
CY2016 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-467030 | usd |
CY2017 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-105831 | usd |
CY2016 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
91 | usd |
CY2017 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-625667 | usd |
CY2016 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-466939 | usd |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
694 | usd |
CY2016 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
495 | usd |
CY2017 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34574706 | shares |
CY2016 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
34574706 | shares |
CY2017 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
81342 | usd |
CY2016 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | usd |
CY2017 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
-9768 | usd |
CY2016 | us-gaap |
Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
|
10332 | usd |
CY2017 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
500000 | usd |
CY2016 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
CY2017 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"><i><u>Concentrations of Credit Risk</u></i></font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt"> </font></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><font style="font-size: 8pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. The Company limits its exposure to credit loss by investing its cash with high credit quality financial institutions.</font></p> | |
CY2017 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
500000 | usd |
CY2016 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-82902 | usd |
CY2017 | us-gaap |
Interest Paid Net
InterestPaidNet
|
105831 | usd |
CY2016 | us-gaap |
Interest Paid Net
InterestPaidNet
|
501 | usd |
CY2017 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
694 | usd |
CY2017Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1029 | usd |
CY2016Q4 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
1029 | usd |
CY2017Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9879 | usd |
CY2016Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9879 | usd |
CY2017 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-445673 | usd |
CY2016 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-400803 | usd |
CY2016 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
495 | usd |
CY2017 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
-9270 | usd |
CY2016 | us-gaap |
Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
|
26528 | usd |
CY2017Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
27067 | usd |
CY2016Q4 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
36337 | usd |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | shares |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
0 | shares |
CY2017 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
81342 | usd |
CY2017Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
42840 | usd |
CY2017 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
51167 | usd |
CY2016 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
66585 | usd |
CY2017Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
0 | usd |
CY2016Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
468 | usd |
CY2017 | us-gaap |
Sales Revenue Services Gross
SalesRevenueServicesGross
|
891513 | usd |
CY2016 | us-gaap |
Sales Revenue Services Gross
SalesRevenueServicesGross
|
1116219 | usd |
CY2017 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-105830 | usd |
CY2016 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
91 | usd |
CY2017 | us-gaap |
Other Income
OtherIncome
|
0 | usd |
CY2016 | us-gaap |
Other Income
OtherIncome
|
588 | usd |
CY2017 | us-gaap |
Other Expenses
OtherExpenses
|
1 | usd |
CY2016 | us-gaap |
Other Expenses
OtherExpenses
|
588 | usd |
CY2017 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | usd |
CY2016 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
63368 | usd |
CY2017 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
0 | usd |
CY2016 | us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
19534 | usd |
CY2018Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
34574706 | shares |