2024 Q1 Form 10-K Financial Statement
#000154812324000046 Filed on April 08, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $13.21K | $34.33K | $105.7K |
YoY Change | 7.73% | 13.45% | -30.08% |
Cost Of Revenue | $3.677K | $11.90K | $33.53K |
YoY Change | -27.48% | 115.19% | -7.53% |
Gross Profit | $9.528K | $22.43K | $72.16K |
YoY Change | 32.52% | -9.3% | -37.2% |
Gross Profit Margin | 72.15% | 65.34% | 68.28% |
Selling, General & Admin | $84.92K | $86.46K | $519.1K |
YoY Change | -42.9% | -42.11% | -16.4% |
% of Gross Profit | 891.27% | 385.47% | 719.39% |
Research & Development | $57.02K | $59.21K | $223.5K |
YoY Change | 11.83% | 15.31% | 0.13% |
% of Gross Profit | 598.49% | 263.98% | 309.74% |
Depreciation & Amortization | $0.00 | $0.00 | |
YoY Change | |||
% of Gross Profit | 0.0% | 0.0% | |
Operating Expenses | $57.02K | $145.7K | $742.6K |
YoY Change | -72.15% | -27.42% | -15.65% |
Operating Profit | -$132.4K | -$123.2K | -$670.5K |
YoY Change | -31.22% | -29.97% | -8.06% |
Interest Expense | $40.38K | -$38.03K | -$116.3K |
YoY Change | 138.56% | 79.05% | -251.45% |
% of Operating Profit | |||
Other Income/Expense, Net | -$40.08K | $300.00 | $1.800K |
YoY Change | 145.49% | 0.0% | -102.38% |
Pretax Income | -$172.5K | -$161.0K | -$784.9K |
YoY Change | -17.41% | 6.81% | -2.47% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$172.5K | -$161.0K | -$784.9K |
YoY Change | -17.41% | 6.81% | -2.47% |
Net Earnings / Revenue | -1306.26% | -468.89% | -742.68% |
Basic Earnings Per Share | $0.00 | -$0.06 | |
Diluted Earnings Per Share | $0.00 | $0.00 | -$0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 125.6M shares | 125.6M shares | 125.6M shares |
Diluted Shares Outstanding | 125.6M shares | 125.6M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash & Equivalents | $0.00 | $0.00 | |
Short-Term Investments | |||
Other Short-Term Assets | $5.940K | $6.670K | $6.670K |
YoY Change | 14.01% | -25.47% | -25.47% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $26.27K | $44.37K | $44.37K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $32.21K | $51.04K | $51.04K |
YoY Change | 76.45% | 75.5% | 75.52% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $262.2K | $262.2K | |
YoY Change | 3.02% | ||
Goodwill | $4.897M | $4.897M | |
YoY Change | 0.0% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $13.62K | $13.62K | $13.62K |
YoY Change | 0.0% | 0.0% | 0.0% |
Total Long-Term Assets | $5.158M | $5.173M | $5.173M |
YoY Change | 0.14% | 0.15% | 0.15% |
TOTAL ASSETS | |||
Total Short-Term Assets | $32.21K | $51.04K | $51.04K |
Total Long-Term Assets | $5.158M | $5.173M | $5.173M |
Total Assets | $5.190M | $5.224M | $5.224M |
YoY Change | 0.41% | 0.57% | 0.57% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $314.1K | $316.1K | $316.1K |
YoY Change | 11.83% | 1.99% | 1.99% |
Accrued Expenses | $2.831M | $2.837M | $2.837M |
YoY Change | 13.32% | 17.41% | 14.67% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $414.1K | $409.8K | $409.8K |
YoY Change | 1.56% | 0.94% | 0.94% |
Long-Term Debt Due | $1.299M | $1.202M | $1.202M |
YoY Change | 42.91% | 56.83% | 56.83% |
Total Short-Term Liabilities | $4.918M | $4.765M | $4.765M |
YoY Change | 18.4% | 20.44% | 20.44% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $190.0K | $204.1K | $204.1K |
YoY Change | 3.03% | 3.03% | 3.03% |
Total Long-Term Liabilities | $190.0K | $204.1K | $204.1K |
YoY Change | 3.03% | 3.03% | 3.03% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.918M | $4.765M | $4.765M |
Total Long-Term Liabilities | $190.0K | $204.1K | $204.1K |
Total Liabilities | $5.108M | $4.969M | $4.969M |
YoY Change | 17.74% | 19.61% | 19.61% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$31.84M | -$31.67M | |
YoY Change | 2.41% | 2.54% | |
Common Stock | $125.6K | $125.6K | |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $81.99K | $254.5K | $254.5K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $5.190M | $5.224M | $5.224M |
YoY Change | 0.41% | 0.57% | 0.57% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$172.5K | -$161.0K | -$784.9K |
YoY Change | -17.41% | 6.81% | -2.47% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | |
YoY Change | |||
Cash From Operating Activities | -$101.2K | -$109.3K | -$439.3K |
YoY Change | -29.79% | -522.12% | 37.59% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $101.2K | 109.3K | 439.3K |
YoY Change | -29.79% | -522.12% | 37.77% |
NET CHANGE | |||
Cash From Operating Activities | -$101.2K | -109.3K | -439.3K |
Cash From Investing Activities | |||
Cash From Financing Activities | $101.2K | 109.3K | 439.3K |
Net Change In Cash | $0.00 | 0.000 | 0.000 |
YoY Change | -100.0% | -100.0% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$101.2K | -$109.3K | -$439.3K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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2023-12-31 | |
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FLEXPOINT SENSOR SYSTEMS, INC. | |
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DE | |
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5718 W Dannon Way | |
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Suite B | |
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West Jordan | |
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UT | |
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Fruci & Associates II, PLLC | |
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IncreaseDecreaseInOtherAccountsPayable
|
38820 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
18004 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
24232 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-7650 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-11130 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
361370 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
440910 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-439333 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-319295 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
3809 | usd |
CY2022 | us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
7506 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-17500 | usd |
CY2022 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-10000 | usd |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
453024 | usd |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
321391 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
439333 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
318897 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-402 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
402 | usd |
CY2022 | flxt |
Initiation Of Operating Lease
InitiationOfOperatingLease
|
273530 | usd |
CY2022 | flxt |
Common Stock Issued For Subscription Payable
CommonStockIssuedForSubscriptionPayable
|
558048 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="text-align: justify; font: 10pt/10.65pt Times New Roman, Times, Serif; margin: 0"><b><i>Use of Estimates – </i></b>The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates.</p> | |
CY2023Q4 | us-gaap |
Percentage Of Interest Bearing Domestic Deposits To Deposits
PercentageOfInterestBearingDomesticDepositsToDeposits
|
0.50 | pure |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
103777 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
103777 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-784939 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-804832 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-31672144 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
7000000 | usd |
CY2023Q4 | us-gaap |
Other Additional Capital
OtherAdditionalCapital
|
453024 | usd |
CY2023Q4 | flxt |
Sale Of Deposit
SaleOfDeposit
|
0.50 | pure |
CY2022 | us-gaap |
Amount Of Dilutive Securities Stock Options And Restrictive Stock Units
AmountOfDilutiveSecuritiesStockOptionsAndRestrictiveStockUnits
|
15619175 | usd |
CY2022 | us-gaap |
Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
|
14862493 | usd |
CY2022 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
1900000 | usd |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><i>Concentrations and Credit Risk - </i></b>The Company has a few major customers who represent a significant portion of revenue, accounts receivable and notes receivable. During the year ended December 31, 2023, three customers represented 86% of salesand two customers represented 95% of accounts receivable. A customer who is utilizing our technology for commercialization in shoes represented 80% of accounts receivable at December 31, 2022. The Company has a strong relationship with these customers and does not believe this concentration poses a significant risk, as their products are based entirely on the Company’s technologies. During 2022, five customers constituted 88% of the sales.</p> | |
CY2023 | us-gaap |
Depreciation
Depreciation
|
0 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
0 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
597174 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
597174 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
597174 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
597174 | usd |
CY2023Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
974045 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
974045 | usd |
CY2022Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
974045 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
974045 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
9387426 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
9222589 | usd |
CY2023Q4 | flxt |
Deferred Tax Assets Tax Deferred Expense Origination And Amortization Of Interest On Convertible Notes
DeferredTaxAssetsTaxDeferredExpenseOriginationAndAmortizationOfInterestOnConvertibleNotes
|
932622 | usd |
CY2022Q4 | flxt |
Deferred Tax Assets Tax Deferred Expense Origination And Amortization Of Interest On Convertible Notes
DeferredTaxAssetsTaxDeferredExpenseOriginationAndAmortizationOfInterestOnConvertibleNotes
|
932622 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
158389 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
158389 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
107270 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Derivative Instruments
DeferredTaxAssetsDerivativeInstruments
|
107270 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
653545 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
653545 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
11239252 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
11074415 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11239252 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11074415 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
25746697 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
24961758 | usd |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1900000 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.05 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
|
0.21 | pure |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-164837 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-209256 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
164837 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
209256 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions Employee Stock Ownership Plan Dividends
EffectiveIncomeTaxRateReconciliationDeductionsEmployeeStockOwnershipPlanDividends
|
0.50 | pure |
CY2017Q3 | us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
54513 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
125557174 | shares |
CY2022Q4 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
125557174 | shares |
CY2022 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
11160932 | shares |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
455000 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
103046 | usd |
CY2023 | us-gaap |
Life Premiums As Percentage Of Gross Premiums
LifePremiumsAsPercentageOfGrossPremiums
|
0.10 | pure |
CY2015Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
225000 | shares |
CY2019Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
0.15 | |
CY2019Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
|
2.07 | |
CY2017Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
|
P10Y | |
CY2005Q4 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2451971 | usd |
CY2023Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
0 | usd |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1900000 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.05 | |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P2Y7M24D | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P1Y7M24D | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1900000 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.05 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P1Y7M24D | |
CY2023Q4 | us-gaap |
Area Of Land
AreaOfLand
|
8029 | sqm |
CY2023Q4 | flxt |
Operating Lease Monthly Payment Due In Current Year
OperatingLeaseMonthlyPaymentDueInCurrentYear
|
6787 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
83103 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
85596 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
88164 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
59948 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
316811 | usd |
CY2023Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
53347 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
263464 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
59404 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
204060 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
81722 | usd |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P3Y8M1D | |
CY2023Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.05 | pure |
CY2023Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
104000 | usd |
CY2023Q4 | us-gaap |
Long Term Debt Percentage Bearing Variable Interest Rate
LongTermDebtPercentageBearingVariableInterestRate
|
0.08 | pure |
CY2023Q4 | us-gaap |
Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
|
0.12 | pure |
CY2023 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.06 | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023 | dei |
Auditor Firm
AuditorFirmId
|
5525 | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
usd | |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2023 | flxt |
Initiation Of Operating Lease
InitiationOfOperatingLease
|
usd | |
CY2023 | flxt |
Common Stock Issued For Subscription Payable
CommonStockIssuedForSubscriptionPayable
|
usd | |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
usd | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
usd | |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
usd | |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2023 | flxt |
Income Tax Reconciliation Options Issued For Services
IncomeTaxReconciliationOptionsIssuedForServices
|
usd | |
CY2022 | flxt |
Income Tax Reconciliation Options Issued For Services
IncomeTaxReconciliationOptionsIssuedForServices
|
usd | |
CY2023 | flxt |
Income Tax Reconcilation Origination And Amortization Of Interest On Convertible Notes
IncomeTaxReconcilationOriginationAndAmortizationOfInterestOnConvertibleNotes
|
usd | |
CY2022 | flxt |
Income Tax Reconcilation Origination And Amortization Of Interest On Convertible Notes
IncomeTaxReconcilationOriginationAndAmortizationOfInterestOnConvertibleNotes
|
usd | |
CY2023 | flxt |
Income Tax Reconcilation Allowance For Doubtful Accounts
IncomeTaxReconcilationAllowanceForDoubtfulAccounts
|
usd | |
CY2022 | flxt |
Income Tax Reconcilation Allowance For Doubtful Accounts
IncomeTaxReconcilationAllowanceForDoubtfulAccounts
|
usd | |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
usd | |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
shares | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
shares | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
usd | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
||
CY2023 | flxt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedWeightedAverageRemainingContractualTerm
|
||
CY2023 | flxt |
Share Based Compensation Arrangement By Share Based Payment Award Options Granted Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantedIntrinsicValue
|
usd | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
shares | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
||
CY2023 | flxt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Expired Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExpiredWeightedAverageRemainingContractualTerm
|
||
CY2023 | flxt |
Share Based Compensation Arrangement By Share Based Payment Award Options Expired Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpiredIntrinsicValue
|
usd | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
shares | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
||
CY2023 | flxt |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeited Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedWeightedAverageRemainingContractualTerm
|
||
CY2023 | flxt |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeited Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeitedIntrinsicValue
|
usd | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
usd | |
CY2023Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
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Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
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Entity Central Index Key
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