2024 Q1 Form 10-K Financial Statement

#000137647424000151 Filed on April 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $1.049M $4.191M
YoY Change 1.2% -1.81%
Cost Of Revenue $283.2K $1.053M
YoY Change 20.28% 16.06%
Gross Profit $766.3K $3.138M
YoY Change -4.4% -6.63%
Gross Profit Margin 73.02% 74.88%
Selling, General & Admin $720.4K $2.609M
YoY Change 4.61% 3.75%
% of Gross Profit 94.01% 83.15%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.030K $16.60K
YoY Change -9.23% 5.46%
% of Gross Profit 0.53% 0.53%
Operating Expenses $724.4K $2.626M
YoY Change 4.52% 3.76%
Operating Profit $41.91K $512.2K
YoY Change -61.38% -38.3%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $39.57K $147.7K
YoY Change -28.82% 103.36%
Pretax Income $81.48K $659.8K
YoY Change -50.35% -26.91%
Income Tax -$19.89K $127.7K
% Of Pretax Income -24.41% 19.35%
Net Earnings $84.37K $464.1K
YoY Change -17.85% -23.66%
Net Earnings / Revenue 8.04% 11.07%
Basic Earnings Per Share $0.02
Diluted Earnings Per Share $0.00 $0.02
COMMON SHARES
Basic Shares Outstanding 19.62M shares 19.57M shares 19.47M shares
Diluted Shares Outstanding 19.65M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.130M $3.130M
YoY Change 13.68% 13.68%
Cash & Equivalents $3.130M
Short-Term Investments
Other Short-Term Assets $35.69K $35.69K
YoY Change -2.86% -2.86%
Inventory
Prepaid Expenses $35.69K
Receivables $820.00 $820.00
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.167M $3.167M
YoY Change 13.43% 13.43%
LONG-TERM ASSETS
Property, Plant & Equipment $216.0K $216.0K
YoY Change -41.02% -41.02%
Goodwill $19.91K
YoY Change 9.1%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $19.91K $19.91K
YoY Change 9.1% 9.1%
Total Long-Term Assets $235.9K $235.9K
YoY Change -38.64% -38.64%
TOTAL ASSETS
Total Short-Term Assets $3.167M $3.167M
Total Long-Term Assets $235.9K $235.9K
Total Assets $3.403M $3.403M
YoY Change 7.13% 7.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.67K $13.67K
YoY Change -28.05% -28.05%
Accrued Expenses $669.8K $669.8K
YoY Change 9.96% 9.96%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.781M $1.781M
YoY Change 9.28% 9.28%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
Total Long-Term Liabilities $0.00 $0.00
YoY Change -100.0% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.781M $1.781M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $1.781M $1.781M
YoY Change 0.32% 0.32%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $196.00
YoY Change 2.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.622M $1.622M
YoY Change
Total Liabilities & Shareholders Equity $3.403M $3.403M
YoY Change 7.13% 7.13%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $84.37K $464.1K
YoY Change -17.85% -23.66%
Depreciation, Depletion And Amortization $4.030K $16.60K
YoY Change -9.23% 5.46%
Cash From Operating Activities $118.7K $690.3K
YoY Change 348.64% -10.86%
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 $5.380K
YoY Change -93.04%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -64.56K -313.5K
YoY Change 751.72% -49.95%
NET CHANGE
Cash From Operating Activities 118.7K 690.3K
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities -64.56K -313.5K
Net Change In Cash 54.15K 376.8K
YoY Change 213.91% 282.79%
FREE CASH FLOW
Cash From Operating Activities $118.7K $690.3K
Capital Expenditures $0.00 $0.00
Free Cash Flow $118.7K $690.3K
YoY Change 378.09% -4.77%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023 dei Entity Central Index Key
EntityCentralIndexKey
0001092570
CY2023 dei Amendment Flag
AmendmentFlag
false
CY2023 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2023 dei Document Type
DocumentType
10-K
CY2023 dei Document Annual Report
DocumentAnnualReport
true
CY2023 dei Document Period End Date
DocumentPeriodEndDate
2023-12-31
CY2023 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023 dei Document Transition Report
DocumentTransitionReport
false
CY2023 dei Entity File Number
EntityFileNumber
000-27031
CY2023 dei Entity Registrant Name
EntityRegistrantName
FULLNET COMMUNICATIONS INC
CY2023 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
OK
CY2023 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
73-1473361
CY2023 dei Entity Address Address Line1
EntityAddressAddressLine1
201 Robert S. Kerr Avenue, Suite 210
CY2023 dei Entity Address City Or Town
EntityAddressCityOrTown
Oklahoma City
CY2023 dei Entity Address State Or Province
EntityAddressStateOrProvince
OK
CY2023 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
73102
CY2023 dei Entity Address Address Description
EntityAddressAddressDescription
Address of principal executive offices
CY2023 dei City Area Code
CityAreaCode
405
CY2023 dei Local Phone Number
LocalPhoneNumber
236-8200
CY2023 dei Phone Fax Number Description
PhoneFaxNumberDescription
Registrant’s telephone number
CY2023 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2023 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2023 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2023 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023 dei Entity Small Business
EntitySmallBusiness
true
CY2023 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2023 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2023 dei Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
false
CY2023 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Public Float
EntityPublicFloat
2988230 usd
CY2024Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
19623917 shares
CY2023Q4 dei Entity Listing Par Value Per Share
EntityListingParValuePerShare
0.00001
CY2023 ecd Peo Total Comp Amt
PeoTotalCompAmt
253504 usd
CY2023 ecd Peo Actually Paid Comp Amt
PeoActuallyPaidCompAmt
253504 usd
CY2023 ecd Non Peo Neo Avg Total Comp Amt
NonPeoNeoAvgTotalCompAmt
130834 usd
CY2023 ecd Non Peo Neo Avg Comp Actually Paid Amt
NonPeoNeoAvgCompActuallyPaidAmt
130834 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
532139 usd
CY2022 ecd Peo Total Comp Amt
PeoTotalCompAmt
328042 usd
CY2022 ecd Peo Actually Paid Comp Amt
PeoActuallyPaidCompAmt
228042 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2022 ecd Non Peo Neo Avg Total Comp Amt
NonPeoNeoAvgTotalCompAmt
213422 usd
CY2022 ecd Non Peo Neo Avg Comp Actually Paid Amt
NonPeoNeoAvgCompActuallyPaidAmt
121755 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
672236 usd
CY2021 ecd Peo Total Comp Amt
PeoTotalCompAmt
644285 usd
CY2021 ecd Peo Actually Paid Comp Amt
PeoActuallyPaidCompAmt
222439 usd
CY2021 ecd Non Peo Neo Avg Total Comp Amt
NonPeoNeoAvgTotalCompAmt
541683 usd
CY2021 ecd Non Peo Neo Avg Comp Actually Paid Amt
NonPeoNeoAvgCompActuallyPaidAmt
118292 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
892977 usd
CY2023 dei Auditor Name
AuditorName
BF Borgers CPA PC
CY2023 dei Auditor Firm
AuditorFirmId
5041
CY2023 dei Auditor Location
AuditorLocation
Lakewood, CO
CY2023Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3130331 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2753551 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
823 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1584 usd
CY2023Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
35690 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
36740 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
3166844 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
2791875 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70577 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87173 usd
CY2023Q4 us-gaap Goodwill
Goodwill
19910 usd
CY2022Q4 us-gaap Goodwill
Goodwill
18250 usd
CY2023Q4 fil Right Of Use Leased Asset
RightOfUseLeasedAsset
145449 usd
CY2022Q4 fil Right Of Use Leased Asset
RightOfUseLeasedAsset
279086 usd
CY2023Q4 us-gaap Assets
Assets
3402780 usd
CY2022Q4 us-gaap Assets
Assets
3176384 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
13668 usd
CY2022Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
18999 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
524312 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
475472 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
145449 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
133637 usd
CY2023Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1097163 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
1001298 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1780592 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1629406 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
145449 usd
CY2023Q4 us-gaap Liabilities
Liabilities
1780592 usd
CY2022Q4 us-gaap Liabilities
Liabilities
1774855 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
618257 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
618257 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
618257 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
618257 shares
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
409531 usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
409531 usd
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
40000000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19565087 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19565087 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
19182754 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
19182754 shares
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
196 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
192 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
9122004 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
9108410 usd
CY2023Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-7909543 usd
CY2022Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-8116604 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
1622188 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1401529 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3402780 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3176384 usd
CY2023 us-gaap Revenues
Revenues
4191084 usd
CY2022 us-gaap Revenues
Revenues
4268263 usd
CY2023 fil Cost Of Revenue1
CostOfRevenue1
1052930 usd
CY2022 fil Cost Of Revenue1
CostOfRevenue1
907222 usd
CY2023 us-gaap Gross Profit
GrossProfit
3138154 usd
CY2022 us-gaap Gross Profit
GrossProfit
3361041 usd
CY2023 us-gaap Selling Expense
SellingExpense
714385 usd
CY2022 us-gaap Selling Expense
SellingExpense
628716 usd
CY2023 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
1894997 usd
CY2022 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
1886431 usd
CY2023 us-gaap Depreciation And Amortization
DepreciationAndAmortization
16597 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
15741 usd
CY2023 us-gaap Operating Expenses
OperatingExpenses
2625979 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
2530888 usd
CY2023 us-gaap Operating Income Loss
OperatingIncomeLoss
512175 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
830153 usd
CY2023 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
147658 usd
CY2022 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
72605 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
659833 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
902758 usd
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
127694 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
230522 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
532139 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
672236 usd
CY2023 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
68008 usd
CY2022 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
64256 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
464131 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
607980 usd
CY2023 fil Continuing Operations Basic
ContinuingOperationsBasic
0.02
CY2022 fil Continuing Operations Basic
ContinuingOperationsBasic
0.03
CY2023 fil Continuing Operations Diluted
ContinuingOperationsDiluted
0.03
CY2022 fil Continuing Operations Diluted
ContinuingOperationsDiluted
0.03
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19465302 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18401789 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
19645072 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
18898411 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1354954 usd
CY2022 fil Stock Options Expense Value
StockOptionsExpenseValue
11428 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
26174 usd
CY2022 fil Warrants Exercised Value1
WarrantsExercisedValue1
1150 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
652587 usd
CY2022 fil Amortization Of Increasing Dividend Rate Preferred Stock Discount Value1
AmortizationOfIncreasingDividendRatePreferredStockDiscountValue1
0 usd
CY2022 fil Preferred Stock Issued To Settle Related Party Liability
PreferredStockIssuedToSettleRelatedPartyLiability
50000 usd
CY2022 fil Preferred Stock Dividends Declared Value
PreferredStockDividendsDeclaredValue
-61826 usd
CY2022 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
672236 usd
CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1401529 usd
CY2023 fil Stock Options Expense Value
StockOptionsExpenseValue
8215 usd
CY2023 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
5383 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
257070 usd
CY2023 fil Preferred Stock Dividends Declared Value
PreferredStockDividendsDeclaredValue
-68008 usd
CY2023 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
532139 usd
CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1622188 usd
CY2023 us-gaap Profit Loss
ProfitLoss
532139 usd
CY2022 us-gaap Profit Loss
ProfitLoss
672236 usd
CY2023 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
16597 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
15741 usd
CY2023 us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
0 usd
CY2022 us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
-5205 usd
CY2023 fil Noncash Lease Expense
NoncashLeaseExpense
133637 usd
CY2022 fil Noncash Lease Expense
NoncashLeaseExpense
122784 usd
CY2023 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
38359 usd
CY2023 fil Stock Options And Warrants Expense
StockOptionsAndWarrantsExpense
8215 usd
CY2022 fil Stock Options And Warrants Expense
StockOptionsAndWarrantsExpense
11428 usd
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1227 usd
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
-506 usd
CY2023 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
467 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-29029 usd
CY2023 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
610 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9405 usd
CY2023 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-5331 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Trade
IncreaseDecreaseInAccountsPayableTrade
-34149 usd
CY2023 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
42658 usd
CY2022 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-49375 usd
CY2023 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
95865 usd
CY2022 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
95801 usd
CY2023 fil Operating Lease Liability1
OperatingLeaseLiability1
-133637 usd
CY2022 fil Operating Lease Liability1
OperatingLeaseLiability1
-122784 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
690293 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
774364 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
49519 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
-49519 usd
CY2023 fil Proceeds From Exercise Of Options
ProceedsFromExerciseOfOptions
-5383 usd
CY2022 fil Proceeds From Exercise Of Options
ProceedsFromExerciseOfOptions
-27324 usd
CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
50000 usd
CY2023 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
61826 usd
CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
51143 usd
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
257070 usd
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
652587 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-313513 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-626406 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
376780 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
98439 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2753551 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2655112 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3130331 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2753551 usd
CY2023 fil Preferred Stock Issued To Settle Related Party Liability
PreferredStockIssuedToSettleRelatedPartyLiability
0 usd
CY2022 fil Preferred Stock Issued To Settle Related Party Liability
PreferredStockIssuedToSettleRelatedPartyLiability
50000 usd
CY2023 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
0 usd
CY2022 us-gaap Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
2430 usd
CY2023 fil Preferred Stock Dividend Declared
PreferredStockDividendDeclared
68008 usd
CY2022 fil Preferred Stock Dividend Declared
PreferredStockDividendDeclared
61826 usd
CY2023 us-gaap Nature Of Operations
NatureOfOperations
<p style="font:10pt Times New Roman;margin:0;text-indent:18pt;text-align:justify"><span style="border-bottom:1px solid #000000"><b>Nature of Operations</b></span></p> <p style="font:10pt Times New Roman;margin:0;text-indent:18pt;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">FullNet Communications, Inc. and Subsidiaries (“we”) is an integrated communications provider primarily focused on providing mass notification services using text messages and automated telephone calls, equipment colocation and related services, and customized live help desk outsourcing services to individuals, businesses, organizations, educational institutions and governmental agencies. Through our subsidiaries, FullNet, Inc., FullTel, Inc., FullWeb, Inc. and CallMultiplier, Inc., we provide high quality, reliable and scalable Internet based advanced voice and data solutions designed to meet customer needs. Services offered include:</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;margin-left:36pt;text-align:justify"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:-18pt">•</kbd>Mass notification services using text messages and automated telephone calls; </p> <p style="font:10pt Times New Roman;margin:0;margin-left:36pt;text-align:justify"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:-18pt">•</kbd>Carrier-neutral equipment colocation, web hosting and related services; and </p> <p style="font:10pt Times New Roman;margin:0;margin-left:36pt;text-align:justify"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:-18pt">•</kbd>Customized live help desk outsourcing services. </p>
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="font:10pt Times New Roman;margin:0;text-indent:18pt;text-align:justify"><span style="border-bottom:1px solid #000000"><b>Use of Estimates</b></span></p> <p style="font:10pt Times New Roman;margin:0;text-indent:18pt;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts and disclosures; accordingly, actual results could differ from those estimates.</p>
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1310977 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1240400 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1223804 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
70577 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
209515 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
209049 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
208692 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
207465 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
823 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1584 usd
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
315542 usd
CY2022Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
315542 usd
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
961506 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
961506 usd
CY2023Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
33929 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
33929 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1310977 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
87173 usd
CY2023 us-gaap Depreciation
Depreciation
16597 usd
CY2022 us-gaap Depreciation
Depreciation
15741 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2023 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2023 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2023 us-gaap Revenues
Revenues
4191084 usd
CY2023 fil Percentage Of Total Revenue
PercentageOfTotalRevenue
1 pure
CY2022 us-gaap Revenues
Revenues
4268263 usd
CY2022 fil Percentage Of Total Revenue
PercentageOfTotalRevenue
1 pure
CY2023 us-gaap Advertising Expense
AdvertisingExpense
714385 usd
CY2022 us-gaap Advertising Expense
AdvertisingExpense
628716 usd
CY2023Q4 fil Present Value Of Discount
PresentValueOfDiscount
-6785 usd
CY2023Q4 fil Current Portion Lease Liability
CurrentPortionLeaseLiability
-145449 usd
CY2023 us-gaap Net Income Loss
NetIncomeLoss
532139 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
672236 usd
CY2023 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
68008 usd
CY2022 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
64256 usd
CY2023 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
464131 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
607980 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
19465302 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
18401789 shares
CY2023 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
CY2023 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
19645072 shares
CY2022 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
18898411 shares
CY2023 fil Diluted Income Loss Per Share
DilutedIncomeLossPerShare
0.03
CY2022 fil Diluted Income Loss Per Share
DilutedIncomeLossPerShare
0.03
CY2023 fil Weighted Average Shares And Share Equivalents Outstanding
WeightedAverageSharesAndShareEquivalentsOutstanding
19465302 shares
CY2022 fil Weighted Average Shares And Share Equivalents Outstanding
WeightedAverageSharesAndShareEquivalentsOutstanding
18401789 shares
CY2023 fil Effect Of Dilutive Stock Options1
EffectOfDilutiveStockOptions1
179770 shares
CY2022 fil Effect Of Dilutive Stock Options1
EffectOfDilutiveStockOptions1
496622 shares
CY2023 fil Weighted Average Shares And Share Equivalents Outstanding Assuming Dilution
WeightedAverageSharesAndShareEquivalentsOutstandingAssumingDilution
19645072 shares
CY2022 fil Weighted Average Shares And Share Equivalents Outstanding Assuming Dilution
WeightedAverageSharesAndShareEquivalentsOutstandingAssumingDilution
18898411 shares
CY2023 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
618257 usd
CY2022 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
618257 usd
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
618257 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
618257 shares
CY2023Q4 fil Right Of Use Leased Asset
RightOfUseLeasedAsset
145449 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
145449 usd
CY2023Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
152234 usd
CY2023Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
152234 usd
CY2023 fil Noncash Lease Expense
NoncashLeaseExpense
133637 usd
CY2023 fil Operating Lease Liability1
OperatingLeaseLiability1
-133637 usd
CY2023Q4 fil Long Term Lease Liability
LongTermLeaseLiability
0 usd
CY2023 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
152232 usd
CY2022 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
152232 usd
CY2022Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
537425 usd
CY2022Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.028
CY2022Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
57581 usd
CY2022Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.003
CY2022Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
57581 usd
CY2022Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.003
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
652587 usd
CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
63339 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.0033
CY2023Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64601 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.0033
CY2023Q3 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64565 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.0033
CY2023Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64565 usd
CY2023Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.0033
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
257070 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2342629 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.023
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M12D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
4500 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.2
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
1746633 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0.015
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
30500 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.003
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
13666 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0.017
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
556330 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.051
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y8M26D
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
45000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.01
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
382333 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.014
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
33000 shares
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.003
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
185997 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.01
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y6M7D
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
77997 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.01
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P6Y1M13D
CY2023Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
7053 usd
CY2023 fil Risk Free Interest Rate
RiskFreeInterestRate
0.0437 pure
CY2022 fil Risk Free Interest Rate
RiskFreeInterestRate
0.0306 pure
CY2023 fil Expected Lives In Years
ExpectedLivesInYears
P5Y
CY2022 fil Expected Lives In Years
ExpectedLivesInYears
P5Y
CY2023 fil Expected Volatility
ExpectedVolatility
2.74 pure
CY2022 fil Expected Volatility
ExpectedVolatility
2.66 pure
CY2023 fil Dividend Yield
DividendYield
0.085 pure
CY2022 fil Dividend Yield
DividendYield
0.03 pure
CY2023 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8215 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
11428 usd
CY2023 us-gaap Amount Of Dilutive Securities Esop Convertible Preferred Stock
AmountOfDilutiveSecuritiesESOPConvertiblePreferredStock
0 usd
CY2022 us-gaap Amount Of Dilutive Securities Esop Convertible Preferred Stock
AmountOfDilutiveSecuritiesESOPConvertiblePreferredStock
0 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
45000 shares
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0
CY2021Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
290000 usd
CY2023 fil Warrants Granted During The Year
WarrantsGrantedDuringTheYear
0 shares
CY2023 fil Warrants Granted During The Year Weighted Average Exercise Price
WarrantsGrantedDuringTheYearWeightedAverageExercisePrice
0
CY2022 fil Warrants Granted During The Year
WarrantsGrantedDuringTheYear
0 shares
CY2022 fil Warrants Granted During The Year Weighted Average Exercise Price
WarrantsGrantedDuringTheYearWeightedAverageExercisePrice
0
CY2023 fil Warrants Exercised During The Year
WarrantsExercisedDuringTheYear
0 shares
CY2023 fil Warrants Exercised During The Year Weighted Average Exercise Price
WarrantsExercisedDuringTheYearWeightedAverageExercisePrice
0
CY2022 fil Warrants Exercised During The Year
WarrantsExercisedDuringTheYear
290000 shares
CY2022 fil Warrants Exercised During The Year Weighted Average Exercise Price
WarrantsExercisedDuringTheYearWeightedAverageExercisePrice
0.004
CY2023Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 usd
CY2023Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0
CY2022Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0
CY2022Q2 fil Warrants Exercised Shares
WarrantsExercisedShares
290000 shares
CY2022Q2 fil Warrants Exercised Value
WarrantsExercisedValue
1150 usd
CY2023 us-gaap Preferred Stock Dividend Payment Rate Variable
PreferredStockDividendPaymentRateVariable
nine cents per share per annum through December 31, 2021, ten cents per share per annum through December 31, 2022, eleven cents per share per annum through December 31, 2023, and twelve cents per share per annum thereafter
CY2022 fil Series A Preferred Stock Discount Amortization
SeriesAPreferredStockDiscountAmortization
2431 usd
CY2022 fil Series A Preferred Stock Discount Amortization Per Share
SeriesAPreferredStockDiscountAmortizationPerShare
0.01
CY2024Q1 us-gaap Subsequent Events Date
SubsequentEventsDate
2024-01-03
CY2024Q1 us-gaap Subsequent Event Description
SubsequentEventDescription
we paid the December 27, 2023 preferred stock dividends
CY2024Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
68008 usd
CY2024Q1 us-gaap Subsequent Events Date
SubsequentEventsDate
2024-01-16
CY2024Q1 us-gaap Subsequent Event Description
SubsequentEventDescription
a special one-time common stock dividend of $0.03 per share was declared for shareholders of record on January 31, 2024
CY2024Q1 us-gaap Subsequent Events Date
SubsequentEventsDate
2024-02-15
CY2024Q1 us-gaap Subsequent Event Description
SubsequentEventDescription
we paid these dividends declared
CY2024Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
588718 usd

Files In Submission

Name View Source Status
0001376474-24-000151-index-headers.html Edgar Link pending
0001376474-24-000151-index.html Edgar Link pending
0001376474-24-000151.txt Edgar Link pending
0001376474-24-000151-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
fn_ex21.htm Edgar Link pending
fn_ex31z1.htm Edgar Link pending
fn_ex31z2.htm Edgar Link pending
fn_ex32.htm Edgar Link pending
fulo-20231231.htm Edgar Link pending
fulo-20231231.xsd Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
fulo-20231231_def.xml Edgar Link unprocessable
fulo-20231231_lab.xml Edgar Link unprocessable
fulo-20231231_pre.xml Edgar Link unprocessable
fulo-20231231_htm.xml Edgar Link completed
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
fulo-20231231_cal.xml Edgar Link unprocessable