2019 Q4 Form 10-K Financial Statement
#000084485621000019 Filed on March 08, 2021
Income Statement
Concept | 2019 Q4 | 2019 | 2018 Q4 |
---|---|---|---|
Revenue | $3.499M | $15.11M | $4.731M |
YoY Change | -26.05% | 3.19% | 48.31% |
Cost Of Revenue | $1.983M | $8.630M | $2.029M |
YoY Change | -2.27% | 15.34% | 20.05% |
Gross Profit | $1.516M | $6.484M | $2.702M |
YoY Change | -43.91% | -9.5% | 80.16% |
Gross Profit Margin | 43.33% | 42.9% | 57.12% |
Selling, General & Admin | $2.360M | $10.42M | $2.813M |
YoY Change | -16.1% | 4.67% | -34.13% |
% of Gross Profit | 155.67% | 160.65% | 104.08% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $145.9K | $200.0K | $106.0K |
YoY Change | 37.67% | 0.0% | 17.73% |
% of Gross Profit | 9.62% | 3.08% | 3.92% |
Operating Expenses | $2.360M | $10.90M | $2.813M |
YoY Change | -16.1% | 7.41% | -34.13% |
Operating Profit | -$843.8K | -$4.414M | -$110.2K |
YoY Change | 665.74% | 48.03% | -96.02% |
Interest Expense | $1.667M | $35.53K | -$23.21K |
YoY Change | -7283.46% | 298.51% | -332.1% |
% of Operating Profit | |||
Other Income/Expense, Net | $25.64K | $1.615M | -$6.330K |
YoY Change | -505.06% | -115.86% | -103.52% |
Pretax Income | $367.8K | -$2.799M | -$139.7K |
YoY Change | -363.18% | -78.73% | -94.6% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | $367.8K | -$2.799M | -$139.7K |
YoY Change | -363.18% | -78.73% | -94.6% |
Net Earnings / Revenue | 10.51% | -18.52% | -2.95% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $5.43 | -$41.80 | -$2.12 |
COMMON SHARES | |||
Basic Shares Outstanding | 67.70B | 66.98B | |
Diluted Shares Outstanding | 66.98B |
Balance Sheet
Concept | 2019 Q4 | 2019 | 2018 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $3.549M | $3.549M | $7.152M |
YoY Change | -50.37% | -50.37% | -9.24% |
Cash & Equivalents | $1.525M | $3.525M | $7.061M |
Short-Term Investments | $24.00K | $24.00K | $90.86K |
Other Short-Term Assets | $269.8K | $269.8K | $402.6K |
YoY Change | -32.97% | -32.97% | 302.58% |
Inventory | $1.757M | $1.757M | $1.865M |
Prepaid Expenses | |||
Receivables | $65.40K | $65.40K | $65.95K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $3.642M | $5.642M | $9.504M |
YoY Change | -61.68% | -40.64% | 6.19% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $332.3K | $4.995M | $497.0K |
YoY Change | -33.15% | 905.01% | -15.76% |
Goodwill | $956.0K | $1.437M | |
YoY Change | -33.49% | 198.62% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $146.9K | $146.9K | $144.4K |
YoY Change | 1.68% | 1.68% | 20.37% |
Total Long-Term Assets | $10.37M | $8.365M | $5.669M |
YoY Change | 82.84% | 47.56% | 106.15% |
TOTAL ASSETS | |||
Total Short-Term Assets | $3.642M | $5.642M | $9.504M |
Total Long-Term Assets | $10.37M | $8.365M | $5.669M |
Total Assets | $14.01M | $14.01M | $15.17M |
YoY Change | -7.68% | -7.68% | 29.68% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $825.9K | $825.9K | $1.301M |
YoY Change | -36.54% | -36.54% | 155.18% |
Accrued Expenses | $556.0K | $556.0K | |
YoY Change | |||
Deferred Revenue | $26.82K | $442.6K | |
YoY Change | -93.94% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $2.282M | $2.282M | $2.151M |
YoY Change | 6.12% | 6.12% | |
Total Short-Term Liabilities | $3.691M | $3.691M | $5.618M |
YoY Change | -34.3% | -34.3% | -50.07% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $869.2K | $869.2K | $1.128M |
YoY Change | -22.96% | -22.96% | 11182.3% |
Other Long-Term Liabilities | $3.545M | $3.545M | |
YoY Change | |||
Total Long-Term Liabilities | $4.414M | $4.414M | $1.128M |
YoY Change | 291.23% | 291.23% | 11182.3% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.691M | $3.691M | $5.618M |
Total Long-Term Liabilities | $4.414M | $4.414M | $1.128M |
Total Liabilities | $8.105M | $8.105M | $6.746M |
YoY Change | 20.15% | 20.15% | -40.09% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$28.64M | -$25.73M | |
YoY Change | 11.28% | ||
Common Stock | $6.770M | $6.662M | |
YoY Change | 1.61% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.902M | $5.902M | $8.427M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $14.01M | $14.01M | $15.17M |
YoY Change | -7.68% | -7.68% | 29.68% |
Cashflow Statement
Concept | 2019 Q4 | 2019 | 2018 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $367.8K | -$2.799M | -$139.7K |
YoY Change | -363.18% | -78.73% | -94.6% |
Depreciation, Depletion And Amortization | $145.9K | $200.0K | $106.0K |
YoY Change | 37.67% | 0.0% | 17.73% |
Cash From Operating Activities | -$680.5K | -$3.535M | -$596.5K |
YoY Change | 14.07% | 2364.2% | 86.42% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$19.90K | $32.87K | -$165.6K |
YoY Change | -87.98% | -56.38% | 451.9% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $47.37K | $184.6K | -$3.217M |
YoY Change | -101.47% | -104.96% | |
Cash From Investing Activities | $27.47K | $126.8K | -$3.383M |
YoY Change | -100.81% | -103.15% | 11175.07% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -70.57K | -127.4K | 2.769M |
YoY Change | -102.55% | -103.81% | |
NET CHANGE | |||
Cash From Operating Activities | -680.5K | -3.535M | -596.5K |
Cash From Investing Activities | 27.47K | 126.8K | -3.383M |
Cash From Financing Activities | -70.57K | -127.4K | 2.769M |
Net Change In Cash | -723.6K | -3.536M | -1.210M |
YoY Change | -40.21% | 330.18% | 245.75% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$680.5K | -$3.535M | -$596.5K |
Capital Expenditures | -$19.90K | $32.87K | -$165.6K |
Free Cash Flow | -$660.6K | -$3.568M | -$431.0K |
YoY Change | 53.28% | 1530.71% | 48.61% |
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CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
19159 | |
CY2020 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
89063 | |
CY2019 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
57567 | |
CY2019 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
6664 | |
CY2020 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
935 | |
CY2020 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
0 | |
CY2019 | us-gaap |
Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
|
-32400 | |
CY2019 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-415807 | |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-475558 | |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
265552 | |
CY2019 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
2424 | |
CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-57269 | |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-7766 | |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-107607 | |
CY2020 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-41726 | |
CY2019 | us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-27202 | |
CY2019 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | |
CY2020 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | |
CY2019 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | |
CY2020 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
0 | |
CY2019 | us-gaap |
Interest Expense
InterestExpense
|
35527 | |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
272651 | |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
314925 | |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
143901 | |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
1749246 | |
CY2019Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
3690986 | |
CY2020 | us-gaap |
Line Of Credit Facility Collateral Fees Amount
LineOfCreditFacilityCollateralFeesAmount
|
2000000 | |
CY2019Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
2000000 | |
CY2020Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
2000000 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
4536032 | |
CY2020 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
49000 | |
CY2019 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
108374 | |
CY2018Q4 | us-gaap |
Investment Owned At Fair Value
InvestmentOwnedAtFairValue
|
22731 | |
CY2018Q4 | us-gaap |
Investment Owned At Cost
InvestmentOwnedAtCost
|
150000 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
450877 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
946825 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
2209009 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
342005 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
337685 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
564478 | |
CY2020Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
631978 | |
CY2019 | us-gaap |
Lease Cost
LeaseCost
|
1000000 | |
CY2020 | us-gaap |
Lease Cost
LeaseCost
|
950910 | |
CY2019Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
14006669 | |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
11874993 | |
CY2019Q4 | us-gaap |
Liabilities
Liabilities
|
8104938 | |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
9617625 | |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
5654095 | |
CY2020Q4 | us-gaap |
Number Of Stores
NumberOfStores
|
9 | |
CY2020 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
511000 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
|
us-gaap:OperatingLeaseLiabilityCurrent | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0477 | |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
3589207 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
3114521 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
3544729 | |
CY2020Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
2072484 | |
CY2019Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
282344 | |
CY2020Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4921493 | |
CY2019Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
869223 | |
CY2020Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
849009 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3535241 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2288914 | |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2799376 | |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3722392 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
126754 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-75202 | |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-127351 | |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1764176 | |
CY2019 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
1614908 | |
CY2020 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-274020 | |
CY2019Q4 | us-gaap |
Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
|
343387 | |
CY2020Q4 | us-gaap |
Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
|
304511 | |
CY2020 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
474686 | |
CY2019Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
555959 | |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
9225593 | |
CY2019 | us-gaap |
Operating Expenses
OperatingExpenses
|
10898528 | |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
480314 | |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4078621 | |
CY2019Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
4663019 | |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
|
us-gaap:OperatingLeaseLiabilityNoncurrent | |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
|
us-gaap:OtherAssetsNoncurrent | |
CY2020Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P10Y | |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3448372 | |
CY2019 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4414284 | |
CY2020Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
89598 | |
CY2019Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
146865 | |
CY2019 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2524 | |
CY2020 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
100 | |
CY2019 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
25000 | |
CY2020 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
89415 | |
CY2019 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
32866 | |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
24663 | |
CY2020 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div><div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">Reclassifications</div><div><br /></div><div><div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Certain amounts in the consolidated financial statements and related notes have been reclassified to conform to the current year presentation. Such reclassifications do not impact the Company's previously reported financial position or net income (loss).</div><div><br /></div></div></div></div> | |
CY2019 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
131540 | |
CY2020 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
0 | |
CY2020 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
2540000 | |
CY2019 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | |
CY2020 | us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
38876 | |
CY2019 | us-gaap |
Proceeds From Sale Of Notes Receivable
ProceedsFromSaleOfNotesReceivable
|
184620 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1075189 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1099851 | |
CY2019Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-28636479 | |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
230719 | |
CY2019Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
332290 | |
CY2019 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-3002 | |
CY2020 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | |
CY2020 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
1652339 | |
CY2019 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
258891 | |
CY2020Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2000000 | |
CY2019Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
2000000 | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-32358871 | |
CY2019 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
15114006 | |
CY2020 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
13920745 | |
CY2020 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
8844947 | |
CY2019 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
10417214 | |
CY2019 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
374241 | |
CY2020 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
78029 | |
CY2020 | us-gaap |
Short Term Lease Cost
ShortTermLeaseCost
|
116709 | |
CY2019Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
24000 | |
CY2020Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
22731 | |
CY2019 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
0 | |
CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
0 | |
CY2020 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
0 | |
CY2020 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | |
CY2019 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3112 | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2257368 | |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
5901731 | |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8426769 | |
CY2020Q4 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
550000 | |
CY2020 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2020 | dei |
Document Type
DocumentType
|
10-K | |
CY2020 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2020 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2020 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2020 | dei |
Entity File Number
EntityFileNumber
|
001-36469 | |
CY2020 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><div><div style="text-align: left; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;">Use of Estimates in the Preparation of the Financial Statements</div><div><br /></div><div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of net revenue and expenses during the reporting periods. Actual results could differ from those estimates. These estimates and assumptions include allowances, reserves and </font>write-downs of <font style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">inventory, valuing equity securities and hybrid instruments, share-based payment arrangements, deferred taxes and related valuation allowances, and the valuation of the assets and liabilities acquired in business combinations. Certain of management’s estimates could be affected by external conditions, including those unique to our industry, and general economic conditions. It is possible that these external factors could have an effect on our estimates that could cause actual results to differ from our estimates. The Company re-evaluates all of its accounting estimates at least quarterly based on these conditions and records adjustments when necessary.</font></div><div><br /></div></div></div> | |
CY2019 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
200000 | |
CY2020 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1200000 | |
CY2020 | us-gaap |
Variable Lease Cost
VariableLeaseCost
|
353887 | |
CY2020 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
90351540618 | |
CY2019 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
66977667455 | |
CY2019 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66977667455 | |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
90351540618 | |
CY2019 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66977667455 | |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
90351540618 | |
CY2020 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
3800 NORTH 28TH WAY | |
CY2020 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2020 | dei |
City Area Code
CityAreaCode
|
888 | |
CY2020 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
HOLLYWOOD | |
CY2020 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2020 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2020-12-31 | |
CY2020 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2020 | dei |
Local Phone Number
LocalPhoneNumber
|
766-5351 | |
CY2020 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
33020 | |
CY2020 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | |
CY2020 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2020 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2020 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
No | |
CY2020 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2020Q2 | dei |
Entity Public Float
EntityPublicFloat
|
8800000 | |
CY2020 | dei |
Entity Registrant Name
EntityRegistrantName
|
Healthier Choices Management Corp. | |
CY2020 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000844856 | |
CY2020 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
84-1070932 | |
CY2021Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
309496867856 | |
CY2020 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2020 | |
CY2020 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2020 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2020 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2020 | hcmc |
Number Of Vendors
NumberOfVendors
|
1 | |
CY2019 | hcmc |
Loss On Investment
LossOnInvestment
|
66857 | |
CY2020 | hcmc |
Loss On Investment
LossOnInvestment
|
1269 | |
CY2019 | hcmc |
Increase Decrease In Prepaid Expense And Vendor Deposits
IncreaseDecreaseInPrepaidExpenseAndVendorDeposits
|
-92900 | |
CY2020 | hcmc |
Increase Decrease In Prepaid Expense And Vendor Deposits
IncreaseDecreaseInPrepaidExpenseAndVendorDeposits
|
16233 | |
CY2019 | hcmc |
Issuance Of Common Stock In Connection With Cashless Exercise Of Series Warrants
IssuanceOfCommonStockInConnectionWithCashlessExerciseOfSeriesWarrants
|
3000 | |
CY2020 | hcmc |
Issuance Of Common Stock In Connection With Cashless Exercise Of Series Warrants
IssuanceOfCommonStockInConnectionWithCashlessExerciseOfSeriesWarrants
|
0 | |
CY2019 | hcmc |
Proceeds From Paycheck Protection Program Loan
ProceedsFromPaycheckProtectionProgramLoan
|
0 | |
CY2020 | hcmc |
Proceeds From Paycheck Protection Program Loan
ProceedsFromPaycheckProtectionProgramLoan
|
876515 | |
CY2019 | hcmc |
Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
|
248940 | |
CY2020 | hcmc |
Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
|
511481 | |
CY2019 | hcmc |
Amortization Of Right Of Use Asset
AmortizationOfRightOfUseAsset
|
325208 | |
CY2020 | hcmc |
Amortization Of Right Of Use Asset
AmortizationOfRightOfUseAsset
|
584398 | |
CY2018 | hcmc |
Investment In Common Stock Shares
InvestmentInCommonStockShares
|
85714 | |
CY2019 | hcmc |
Gain Loss On Revaluation Of Warrants
GainLossOnRevaluationOfWarrants
|
1719816 | |
CY2020 | hcmc |
Gain Loss On Revaluation Of Warrants
GainLossOnRevaluationOfWarrants
|
0 | |
CY2020 | hcmc |
Contract Liabilities Expected Recognition Period
ContractLiabilitiesExpectedRecognitionPeriod
|
P24M | |
CY2020 | hcmc |
Percentage Loyalty Rewards Earned
PercentageLoyaltyRewardsEarned
|
0.05 | |
CY2019Q4 | hcmc |
Prepaid Expense And Vendor Deposits Current
PrepaidExpenseAndVendorDepositsCurrent
|
269833 | |
CY2020Q4 | hcmc |
Prepaid Expense And Vendor Deposits Current
PrepaidExpenseAndVendorDepositsCurrent
|
286065 | |
CY2019 | hcmc |
Shipping And Handling Costs
ShippingAndHandlingCosts
|
82000 | |
CY2020 | hcmc |
Shipping And Handling Costs
ShippingAndHandlingCosts
|
48000 | |
CY2019 | hcmc |
Contract With Customer Liability Issued
ContractWithCustomerLiabilityIssued
|
48876 | |
CY2020 | hcmc |
Contract With Customer Liability Issued
ContractWithCustomerLiabilityIssued
|
53929 | |
CY2020 | hcmc |
Contract With Customer Liability Breakage Recognized
ContractWithCustomerLiabilityBreakageRecognized
|
-1227 | |
CY2019 | hcmc |
Contract With Customer Liability Breakage Recognized
ContractWithCustomerLiabilityBreakageRecognized
|
-1696 | |
CY2019 | hcmc |
Contract With Customer Liability Redeemed
ContractWithCustomerLiabilityRedeemed
|
54724 | |
CY2020 | hcmc |
Contract With Customer Liability Redeemed
ContractWithCustomerLiabilityRedeemed
|
58263 | |
CY2019 | hcmc |
Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
|
-408263 | |
CY2020 | hcmc |
Contract With Customer Liability Customer Deposits
ContractWithCustomerLiabilityCustomerDeposits
|
0 | |
CY2019 | hcmc |
Effective Income Tax Rate Reconciliation True Up And Deferred Adjustment Amount
EffectiveIncomeTaxRateReconciliationTrueUpAndDeferredAdjustmentAmount
|
258165 | |
CY2020 | hcmc |
Effective Income Tax Rate Reconciliation True Up And Deferred Adjustment Amount
EffectiveIncomeTaxRateReconciliationTrueUpAndDeferredAdjustmentAmount
|
23614 | |
CY2019 | hcmc |
Effective Income Tax Rate Reconciliation Expired Warrants Amount
EffectiveIncomeTaxRateReconciliationExpiredWarrantsAmount
|
0 | |
CY2020 | hcmc |
Effective Income Tax Rate Reconciliation Expired Warrants Amount
EffectiveIncomeTaxRateReconciliationExpiredWarrantsAmount
|
-422655 | |
CY2019Q4 | hcmc |
Deferred Tax Liabilities Extinguishment Of Warrants
DeferredTaxLiabilitiesExtinguishmentOfWarrants
|
422655 | |
CY2020Q4 | hcmc |
Deferred Tax Liabilities Extinguishment Of Warrants
DeferredTaxLiabilitiesExtinguishmentOfWarrants
|
0 | |
CY2019Q4 | hcmc |
Deferred Tax Assets Gross Net Of Deferred Tax Liabilities
DeferredTaxAssetsGrossNetOfDeferredTaxLiabilities
|
14983621 | |
CY2020Q4 | hcmc |
Deferred Tax Assets Gross Net Of Deferred Tax Liabilities
DeferredTaxAssetsGrossNetOfDeferredTaxLiabilities
|
16185071 | |
CY2019Q4 | hcmc |
Deferred Tax Assets Net Operating Loss Carryforwards And Alternative Minimum Tax Credit
DeferredTaxAssetsNetOperatingLossCarryforwardsAndAlternativeMinimumTaxCredit
|
12654534 | |
CY2020Q4 | hcmc |
Deferred Tax Assets Net Operating Loss Carryforwards And Alternative Minimum Tax Credit
DeferredTaxAssetsNetOperatingLossCarryforwardsAndAlternativeMinimumTaxCredit
|
13366483 | |
CY2019Q4 | hcmc |
Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
|
29132 | |
CY2020Q4 | hcmc |
Deferred Tax Assets Leasing Arrangements
DeferredTaxAssetsLeasingArrangements
|
32681 | |
CY2019Q4 | hcmc |
Deferred Income Tax Liability
DeferredIncomeTaxLiability
|
422655 | |
CY2020Q4 | hcmc |
Deferred Income Tax Liability
DeferredIncomeTaxLiability
|
0 |