2024 Q3 Form 10-K Financial Statement
#000109690624001512 Filed on July 11, 2024
Income Statement
Concept | 2024 Q3 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $4.520K | $15.23K | |
YoY Change | 71.21% | 48.4% | |
Cost Of Revenue | $1.920K | $6.930K | |
YoY Change | 45.45% | 82.08% | |
Gross Profit | $2.600K | $8.297K | |
YoY Change | 96.97% | 28.54% | |
Gross Profit Margin | 57.52% | 54.49% | |
Selling, General & Admin | $109.4K | $517.8K | |
YoY Change | -22.47% | -34.1% | |
% of Gross Profit | 4207.69% | 6241.29% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
% of Gross Profit | 0.0% | 0.0% | |
Operating Expenses | $109.4K | $517.8K | |
YoY Change | -22.47% | -34.12% | |
Operating Profit | -$106.8K | -$509.5K | |
YoY Change | -23.6% | -34.64% | |
Interest Expense | -$13.24K | $51.24K | |
YoY Change | -106.23% | -3.59% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$51.24K | ||
YoY Change | -115.21% | ||
Pretax Income | -$120.0K | -$560.8K | |
YoY Change | -265.39% | 26.65% | |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$120.0K | -$560.8K | |
YoY Change | -265.39% | 26.65% | |
Net Earnings / Revenue | -2655.75% | -3682.86% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.01 | -$0.03 | |
COMMON SHARES | |||
Basic Shares Outstanding | 17.73M shares | 17.33M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q3 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Cash & Equivalents | $0.00 | $0.00 | |
Short-Term Investments | |||
Other Short-Term Assets | $3.990K | $3.990K | |
YoY Change | 4.72% | 4.72% | |
Inventory | |||
Prepaid Expenses | $3.990K | ||
Receivables | $4.170K | $4.170K | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $8.160K | $8.160K | |
YoY Change | -87.61% | -87.61% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $8.160K | $8.160K | |
Total Long-Term Assets | $0.00 | $0.00 | |
Total Assets | $8.160K | $8.160K | |
YoY Change | -87.61% | -87.61% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $45.44K | $45.44K | |
YoY Change | 306.36% | 306.44% | |
Accrued Expenses | $204.1K | $1.783M | |
YoY Change | 30.76% | 18.97% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $95.00K | $95.00K | |
YoY Change | 0.0% | 0.0% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.952M | $1.952M | |
YoY Change | 18.34% | 18.35% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $34.00K | $34.00K | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $34.00K | $34.00K | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.952M | $1.952M | |
Total Long-Term Liabilities | $34.00K | $34.00K | |
Total Liabilities | $1.986M | $1.986M | |
YoY Change | 20.41% | 20.41% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$6.305M | ||
YoY Change | 9.76% | ||
Common Stock | $1.733K | ||
YoY Change | 1.46% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.978M | -$1.978M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.160K | $8.160K | |
YoY Change | -87.61% | -87.61% |
Cashflow Statement
Concept | 2024 Q3 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$120.0K | -$560.8K | |
YoY Change | -265.39% | 26.65% | |
Depreciation, Depletion And Amortization | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Cash From Operating Activities | -$13.54K | -$83.45K | |
YoY Change | 33.4% | -66.99% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
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 | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 8.380K | $21.39K | |
YoY Change | -103.12% | -127.1% | |
NET CHANGE | |||
Cash From Operating Activities | -13.54K | -$83.45K | |
Cash From Investing Activities | 0.000 | $0.00 | |
Cash From Financing Activities | 8.380K | $21.39K | |
Net Change In Cash | -5.160K | -$62.06K | |
YoY Change | -90.45% | -206.49% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$13.54K | -$83.45K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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165000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4170 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
180 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
60 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
30939 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-16421 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
39364 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-42930 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
184144 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
|
184145 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
48000 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
55254 | usd |
CY2023 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
12814 | usd |
CY2022 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
10861 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-83454 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-270895 | usd |
CY2023 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
165000 | usd |
CY2023 | fil |
Settlement From Equity Security Investment
SettlementFromEquitySecurityInvestment
|
0 | usd |
CY2022 | fil |
Settlement From Equity Security Investment
SettlementFromEquitySecurityInvestment
|
225000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
390000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
59415 | usd |
CY2023 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
7620 | usd |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
34000 | usd |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
10761 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd |
CY2023 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
32650 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
23370 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
95207 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
21391 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-60822 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-62063 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
58283 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
62063 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3780 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
0 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
62063 | usd |
CY2023 | fil |
Repayment Of Related Party Short Term Advances With Credit Card
RepaymentOfRelatedPartyShortTermAdvancesWithCreditCard
|
3315 | usd |
CY2022 | fil |
Repayment Of Related Party Short Term Advances With Credit Card
RepaymentOfRelatedPartyShortTermAdvancesWithCreditCard
|
18102 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1253 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font:11pt Times New Roman;margin:0;margin-right:-1.8pt"><b>NOTE 1 – ORGANIZATION AND OPERATIONS</b></p> <p style="font:11pt Times New Roman;margin:0"> </p> <p style="font:11pt Times New Roman;margin:0;text-indent:36pt"><b><i>Organization</i></b></p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF">The Company was incorporated in June 2013 as Somerset Transition Corporation under the Oklahoma General Corporation Act. In September 2013, the Company was redomesticated in Maryland and changed its name to Somerset Property, Inc. In July 2017, the Company was redomesticated in Nevada and changed its name to Revival, Inc. In June 2019, the Company changed its name to Farmhouse, Inc. to reflect its new business endeavors. </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF">In August 2019, the Company acquired Farmhouse, Inc., a Washington corporation (“Farmhouse Washington”) as its wholly owned subsidiary (the “Acquisition”). The financial statements of the Company are the continuation of Farmhouse Washington with the adjustment to reflect the capital structure of the Company. The consolidated financial statements also includes Farmhouse DTLA, Inc., a wholly owned subsidiary of Farmhouse Washington (“DTLA”). DTLA is party to certain litigation. See Note 9.</p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;text-indent:36pt"><b><i>Current Operations</i></b></p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF">The Company is a technology company with multiple cannabis related divisions and IP, including the WeedClub® Platform, the @420 Twitter handle and a Web3 division. The WeedClub® Platform is a cannabis social network platform that enables industry professionals to connect, discover products and services and scale their businesses. Within the WeedClub® Platform, members utilize an increasing set of technology-based tools for discovering professional connections and information. The Company’s @420 Twitter handle serves as a public platform to engage with cannabis enthusiasts. The Company’s Web3 division, launched in December 2021, facilitates licensing opportunities between established cannabis brands and influential digital collectible holders to launch digital collectible branded products and accessories.</p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF">Subsequent to December 31, 2023, the Company executed a non-binding Memorandum of Understanding for a proposed acquisition of all membership interests of Thrown, LLC, a joint venture beverage firm led by T-Pain, the Grammy Award-winning artist, professional gamer, and entrepreneur. Thrown’s premier product, T-Pain’s GamerShot, is a zero-crash, focus-enhancing functional esports beverage, featuring a proprietary Nootropic Energy Blend and conveniently packaged in 2-ounce servings. See Note 14.</p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;text-indent:36pt"><b><i>Going Concern and Management Plans</i></b></p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;margin-right:-4.5pt;background-color:#FFFFFF">The accompanying consolidated financial statements have been presented on the basis that the Company is a going concern which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business. For the year ended December 31, 2023, the Company had a net loss from operations of $509,546, consisting of general and administrative and legal and professional expenses. In addition, as of December 31, 2023, the Company had stockholders’ deficit of $1,978,281. These factors raise substantial doubt about the Company’s ability to continue as a going concern. These consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF"> </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF">The Company has financed its activities principally from the sale of its common stock, loans and advances from Company officers, and loans from third parties. The Company intends to finance its future working capital needs from these sources until such time that funds provided by operations are sufficient </p> <p style="font:11pt Times New Roman;margin:0;background-color:#FFFFFF">to fund working capital requirements. Management believes that loans and advances from Company officers, funds raised from the sale of its common stock, and funds raised from loans with third parties allow the Company sufficient capital for operations and to continue as a going concern.</p> | |
CY2023 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-509546 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1978281 | usd |
CY2023 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font:11pt Times New Roman;margin:0;text-indent:36pt"><b><i>Financial Statement Reclassification</i></b></p> <p style="font:11pt Times New Roman;margin:0"> </p> <p style="font:11pt Times New Roman;margin:0">Certain amounts from the prior year’s financial statements have been reclassified in these consolidated financial statements to conform to the current year’s classifications.</p> | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font:11pt Times New Roman;margin:0;text-indent:36pt"><b><i>Use of Estimates</i></b></p> <p style="font:11pt Times New Roman;margin:0"> </p> <p style="font:11pt Times New Roman;margin:0">The preparation of these consolidated financial statements in conformity with U.S. 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 these consolidated financial statements and the reported amounts of revenue and expenses for the reporting period. Actual results could differ from those estimates.</p> | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font:11pt Times New Roman;margin:0;text-indent:36pt"><b><i>Concentrations of Credit Risk</i></b></p> <p style="font:11pt Times New Roman;margin:0"> </p> <p style="font:11pt Times New Roman;margin:0">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash and accounts receivable as of December 31, 2023. The Company places its cash with high credit quality financial institutions. </p> | |
CY2023 | us-gaap |
Revenues
Revenues
|
15227 | usd |
CY2022 | us-gaap |
Revenues
Revenues
|
10261 | usd |
CY2023 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
6930 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
3806 | usd |
CY2023 | us-gaap |
Concentration Risk License
ConcentrationRiskLicense
|
A new licensee accounted for 91.0% of license revenues | |
CY2022 | us-gaap |
Concentration Risk License
ConcentrationRiskLicense
|
Two licensees represented 60.4% and 39.6% of license revenues | |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
45000 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
45000 | usd |
CY2023Q4 | fil |
Company S Series2023 Notes Excluded From Dilutive Net Income Loss Per Common Share
CompanySSeries2023NotesExcludedFromDilutiveNetIncomeLossPerCommonShare
|
34000 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
45000 | usd |
CY2023Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
45000 | usd |
CY2023 | fil |
Equity Financing Description
EquityFinancingDescription
|
The note and any unpaid accrued interest automatically converts in whole upon a qualified financing which is defined as an equity financing resulting in gross proceeds to the Company of at least $750,000 (including the conversion of the Notes and other debt). The conversion price would be equal to 100% of the per share price paid in the qualified financing, provided that: if the Company valuation associated with the Qualified Financing is less than $15,000,000, the valuation associated with the conversation shall be $15,000,000; and, if the Company valuation associated with the Qualified Financing is greater than $30,000,000, the Company valuation associated with the conversion shall be $30,000,000 | |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
34000 | usd |
CY2023Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
34000 | usd |
CY2023Q4 | fil |
Due To Related Parties
DueToRelatedParties
|
28958 | usd |
CY2022Q4 | fil |
Due To Related Parties
DueToRelatedParties
|
44882 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
295000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
295000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17325950 | shares |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
59415 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
189582 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
17075950 | shares |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
150000 | shares |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.02 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Number Of Shares Period Increase Decrease
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNumberOfSharesPeriodIncreaseDecrease
|
-1118000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.194 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
516000 | shares |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.351 | |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
752000 | shares |
CY2022Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.251 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Number Of Shares Period Increase Decrease
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNumberOfSharesPeriodIncreaseDecrease
|
-250000 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0.05 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
732000 | shares |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
|
0.227 | |
CY2023Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
270000 | shares |
CY2023Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
0.128 | |
CY2023 | fil |
Stock Based Compensation On Rsa S Vested
StockBasedCompensationOnRsaSVested
|
166424 | usd |
CY2022 | fil |
Stock Based Compensation On Rsa S Vested
StockBasedCompensationOnRsaSVested
|
181112 | usd |
CY2023Q4 | fil |
Unrecognized Stock Based Compensation Expense
UnrecognizedStockBasedCompensationExpense
|
34500 | usd |
CY2023Q4 | fil |
Unrecognized Stock Based Compensation Expense
UnrecognizedStockBasedCompensationExpense
|
34500 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
789000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
737300 | usd |
CY2023 | fil |
Deferred Tax Assets Accrued Payroll
DeferredTaxAssetsAccruedPayroll
|
220000 | usd |
CY2022 | fil |
Deferred Tax Assets Accrued Payroll
DeferredTaxAssetsAccruedPayroll
|
184300 | usd |
CY2023 | fil |
Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
|
47300 | usd |
CY2022 | fil |
Deferred Tax Assets Depreciation
DeferredTaxAssetsDepreciation
|
52000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1056300 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
973600 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-117800 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-93000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
|
-4700 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Depreciation
IncomeTaxReconciliationNondeductibleExpenseDepreciation
|
-5600 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
|
200 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
|
200 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
34900 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
77800 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
35700 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
35700 | usd |
CY2023 | fil |
Excess Book Gain On Disposal Over Tax
ExcessBookGainOnDisposalOverTax
|
0 | usd |
CY2022 | fil |
Excess Book Gain On Disposal Over Tax
ExcessBookGainOnDisposalOverTax
|
-22100 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
51700 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
7000 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
3757000 | usd |
CY2023Q4 | fil |
Due To Related Parties1
DueToRelatedParties1
|
28958 | usd |
CY2022Q4 | fil |
Due To Related Parties1
DueToRelatedParties1
|
44882 | usd |
CY2023 | fil |
Company Officers Ownership Percentage
CompanyOfficersOwnershipPercentage
|
43.2 | pure |
CY2022 | us-gaap |
Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
|
165000 | usd |
CY2022 | us-gaap |
Net Investment Income
NetInvestmentIncome
|
225000 | usd |