2023 Q3 Form 10-Q Financial Statement
#000084485623000028 Filed on July 24, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
Revenue | $12.70M | $13.57M |
YoY Change | 119.93% | 121.38% |
Cost Of Revenue | $8.062M | $8.493M |
YoY Change | 106.21% | 123.44% |
Gross Profit | $4.643M | $5.082M |
YoY Change | 148.65% | 118.02% |
Gross Profit Margin | 36.54% | 37.43% |
Selling, General & Admin | $8.034M | $8.261M |
YoY Change | 101.58% | 123.32% |
% of Gross Profit | 173.04% | 162.57% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $137.3K | $374.0K |
YoY Change | 111.31% | 487.58% |
% of Gross Profit | 2.96% | 7.36% |
Operating Expenses | $8.034M | $8.261M |
YoY Change | 101.58% | 123.32% |
Operating Profit | -$3.391M | -$3.180M |
YoY Change | 60.09% | 132.36% |
Interest Expense | $36.57K | $97.31K |
YoY Change | -5.97% | 482.35% |
% of Operating Profit | ||
Other Income/Expense, Net | $400.2K | $429.6K |
YoY Change | 825.9% | 1777.21% |
Pretax Income | -$2.991M | -$2.653M |
YoY Change | 44.14% | 97.16% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$2.991M | -$2.744M |
YoY Change | 44.14% | 103.96% |
Net Earnings / Revenue | -23.54% | -20.22% |
Basic Earnings Per Share | $0.00 | $0.00 |
Diluted Earnings Per Share | $0.00 | $0.00 |
COMMON SHARES | ||
Basic Shares Outstanding | 463.3B | 463.3B |
Diluted Shares Outstanding | 358.2B shares | 353.9B |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $7.140M | $8.483M |
YoY Change | -76.21% | -56.16% |
Cash & Equivalents | $7.766M | $8.482M |
Short-Term Investments | $1.710K | $1.370K |
Other Short-Term Assets | $398.9K | $2.460M |
YoY Change | -90.25% | 907.35% |
Inventory | $3.554M | $3.765M |
Prepaid Expenses | ||
Receivables | $130.9K | $92.65K |
Other Receivables | $0.00 | $156.3K |
Total Short-Term Assets | $13.60M | $14.96M |
YoY Change | -60.13% | -32.89% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $2.865M | $13.61M |
YoY Change | 87.49% | 775.43% |
Goodwill | $5.747M | $5.747M |
YoY Change | 116.3% | 116.3% |
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $510.9K | $481.4K |
YoY Change | -95.51% | 303.28% |
Total Long-Term Assets | $23.50M | $24.38M |
YoY Change | 106.72% | 111.22% |
TOTAL ASSETS | ||
Total Short-Term Assets | $13.60M | $14.96M |
Total Long-Term Assets | $23.50M | $24.38M |
Total Assets | $37.10M | $39.34M |
YoY Change | -18.41% | 16.28% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $5.804M | $5.133M |
YoY Change | 81.19% | 136.44% |
Accrued Expenses | $2.324M | $1.966M |
YoY Change | 334.8% | 249.0% |
Deferred Revenue | $144.9K | $147.5K |
YoY Change | 152.89% | 162.84% |
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $560.3K | $1.005M |
YoY Change | 23.23% | 120.75% |
Total Short-Term Liabilities | $9.286M | $8.624M |
YoY Change | 118.51% | 165.69% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.955M | $2.098M |
YoY Change | ||
Other Long-Term Liabilities | $7.500M | $8.395M |
YoY Change | 93.01% | 109.04% |
Total Long-Term Liabilities | $1.955M | $10.49M |
YoY Change | -49.69% | 161.28% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $9.286M | $8.624M |
Total Long-Term Liabilities | $1.955M | $10.49M |
Total Liabilities | $18.74M | $19.12M |
YoY Change | 130.36% | 163.25% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$51.16M | -$48.17M |
YoY Change | 24.38% | 23.33% |
Common Stock | $47.53M | $46.33M |
YoY Change | 39.89% | 36.36% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $16.41M | $20.22M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $37.10M | $39.34M |
YoY Change | -18.41% | 16.28% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$2.991M | -$2.744M |
YoY Change | 44.14% | 103.96% |
Depreciation, Depletion And Amortization | $137.3K | $374.0K |
YoY Change | 111.31% | 487.58% |
Cash From Operating Activities | -$1.281M | -$1.314M |
YoY Change | 59.07% | 10.31% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $28.10K | $21.78K |
YoY Change | -172.59% | -125.37% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $145.4K | $16.61K |
YoY Change | 835.99% | 24.42% |
Cash From Investing Activities | $117.3K | -$5.170K |
YoY Change | -605.91% | -92.87% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -180.4K | -11.06M |
YoY Change | -101.41% | 1702100.0% |
NET CHANGE | ||
Cash From Operating Activities | -1.281M | -1.314M |
Cash From Investing Activities | 117.3K | -5.170K |
Cash From Financing Activities | -180.4K | -11.06M |
Net Change In Cash | -1.344M | -12.38M |
YoY Change | -111.19% | 879.4% |
FREE CASH FLOW | ||
Cash From Operating Activities | -$1.281M | -$1.314M |
Capital Expenditures | $28.10K | $21.78K |
Free Cash Flow | -$1.309M | -$1.336M |
YoY Change | 70.77% | 20.85% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
2097932 | |
us-gaap |
Operating Expenses
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|
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CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
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|
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CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
20206024 | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18277440 | |
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Notes And Loans Receivable Net Current
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CY2023Q2 | us-gaap |
Inventory Net
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Inventory Net
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Prepaid Expense And Vendor Deposits Current
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Prepaid Expense And Vendor Deposits Current
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Short Term Investments
ShortTermInvestments
|
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CY2022Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
9771 | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
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|
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CY2023Q2 | us-gaap |
Assets
Assets
|
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CY2022Q4 | us-gaap |
Assets
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Accounts Payable And Accrued Liabilities Current
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Accounts Payable And Accrued Liabilities Current
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Commitments And Contingencies
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Goodwill
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Payments To Acquire Intangible Assets
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|
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|
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hcmc |
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dei |
Document Type
DocumentType
|
10-Q | ||
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Document Quarterly Report
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true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-06-30 | ||
dei |
Document Transition Report
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|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-36469 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
HEALTHIER CHOICES MANAGEMENT CORP. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
84-1070932 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
3800 North 28Th Way | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Hollywood | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
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|
33020 | ||
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|
305 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
600-5004 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
dei |
Security12b Title
Security12bTitle
|
Common Stock, par value $0.0001 per share | ||
dei |
Trading Symbol
TradingSymbol
|
HCMC | ||
CY2023Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
463266632384 | |
CY2023Q2 | us-gaap |
Cash
Cash
|
8481915 | |
CY2022Q4 | us-gaap |
Cash
Cash
|
22911892 | |
CY2023Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
92649 | |
CY2023Q2 | us-gaap |
Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
|
156297 | |
CY2023Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1004809 | |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
1224171 | |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
5747000 | |
CY2022Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
10604935 | |
CY2023Q2 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
372000 | |
CY2022Q4 | us-gaap |
Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
|
774900 | |
CY2023Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
552001 | |
CY2022Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
536542 | |
CY2022Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
2378061 | |
CY2022Q4 | us-gaap |
Temporary Equity Par Or Stated Value Per Share
TemporaryEquityParOrStatedValuePerShare
|
1000 | |
CY2022Q4 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
14722 | |
CY2023Q2 | us-gaap |
Temporary Equity Shares Authorized
TemporaryEquitySharesAuthorized
|
14722 | |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1000 | |
CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
1000 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000 | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000 | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
800 | |
CY2022Q4 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
14722 | |
CY2022Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
14722075 | |
CY2022Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
800000 | |
CY2023Q2 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
800000 | |
CY2023Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
800000 | |
CY2022Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
800000 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000000 | |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000000 | |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
463266632384 | |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
463266632384 | |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
339741632384 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
339741632384 | |
CY2023Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
46326663 | |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
33974163 | |
CY2023Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
13496 | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18957723 | |
CY2023Q2 | hcmc |
Temporary Equity Convertible Preferred Stock Redeemed Shares
TemporaryEquityConvertiblePreferredStockRedeemedShares
|
10637 | |
CY2023Q2 | hcmc |
Temporary Equity Convertible Preferred Stock Redeemed Value
TemporaryEquityConvertiblePreferredStockRedeemedValue
|
10637100 | |
CY2023Q2 | us-gaap |
Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
|
22222 | |
CY2023Q2 | us-gaap |
Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
|
91500 | |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1126750 | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18277440 | |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
27915742 | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
951373 | ||
us-gaap |
Inventory Write Down
InventoryWriteDown
|
73640 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1176750 | ||
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-402900 | ||
hcmc |
Increase Decrease In Prepaid Expense And Vendor Deposits
IncreaseDecreaseInPrepaidExpenseAndVendorDeposits
|
-212226 | ||
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-219362 | ||
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
0 | ||
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
5230 | ||
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
33941 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-197306 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
528247 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-51137 | ||
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-249700 | ||
hcmc |
Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
|
1002484 | ||
hcmc |
Increase Decrease In Lease Liability
IncreaseDecreaseInLeaseLiability
|
340611 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3658415 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1870884 | ||
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
264670 | ||
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
1285 | ||
us-gaap |
Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
|
152500 | ||
us-gaap |
Payments For Repurchase Of Redeemable Convertible Preferred Stock
PaymentsForRepurchaseOfRedeemableConvertiblePreferredStock
|
0 | ||
us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
11170428 | ||
us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-11806463 | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-15579977 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | ||
hcmc |
Issuance Of Common Stock In Connection With Cashless Exercise Of Series Warrants
IssuanceOfCommonStockInConnectionWithCashlessExerciseOfSeriesWarrants
|
0 | ||
us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
1093290 | ||
CY2023Q2 | us-gaap |
Cash
Cash
|
8481915 | |
CY2022Q2 | us-gaap |
Cash
Cash
|
19323420 | |
CY2023Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
628232 | |
CY2022Q2 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
0 | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9110147 | |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
19323420 | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
7224665 | |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2219154 | |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4253960 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
4105933 | |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
1279331 | |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
993025 | |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2974629 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3112908 | |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
143746 | |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
63656 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
7224665 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
2680333 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4544332 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
916858 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
838877 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
694457 | |
CY2023Q2 | hcmc |
Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
|
710603 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4544332 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
198606 | |
CY2021Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
23178 | |
hcmc |
Contract With Customer Liability Issued
ContractWithCustomerLiabilityIssued
|
638501 | ||
CY2022 | hcmc |
Contract With Customer Liability Issued
ContractWithCustomerLiabilityIssued
|
859383 | |
hcmc |
Contract With Customer Liability Redeemed
ContractWithCustomerLiabilityRedeemed
|
635391 | ||
CY2022 | hcmc |
Contract With Customer Liability Redeemed
ContractWithCustomerLiabilityRedeemed
|
628012 | |
hcmc |
Contract With Customer Liability Breakage Recognized
ContractWithCustomerLiabilityBreakageRecognized
|
-54247 | ||
CY2022 | hcmc |
Contract With Customer Liability Breakage Recognized
ContractWithCustomerLiabilityBreakageRecognized
|
-55943 | |
CY2023Q2 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
147469 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
198606 | |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
2914603 | |
CY2023Q2 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
552001 | |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
536542 | |
CY2023Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2097932 | |
CY2022Q4 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
2378061 | |
CY2023Q1 | hcmc |
Percentage Of Stated Value Of Preferred Stock Will Be Paid To Purchaser Upon Conversion
PercentageOfStatedValueOfPreferredStockWillBePaidToPurchaserUponConversion
|
0.10 | |
CY2023Q1 | hcmc |
Percentage Of Stated Value Of Preferred Stock Will Be Paid To Purchaser Upon Conversion
PercentageOfStatedValueOfPreferredStockWillBePaidToPurchaserUponConversion
|
0.10 | |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
93781000000 | ||
CY2023Q2 | us-gaap |
Cash
Cash
|
8500000 | |
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000844856 | ||
dei |
Security Exchange Name
SecurityExchangeName
|
NONE | ||
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
1778232 | |
CY2023Q2 | us-gaap |
Assets Current
AssetsCurrent
|
14956954 | |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
30308480 | |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2974629 | |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3112908 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4544332 | |
CY2023Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
147469 | |
CY2022Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
198606 | |
CY2023Q2 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
453232 | |
CY2022Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
453232 | |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1965888 | |
CY2023Q2 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1944 | |
CY2023Q2 | us-gaap |
Temporary Equity Shares Issued
TemporaryEquitySharesIssued
|
1944 | |
CY2022Q4 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
14722 | |
CY2022Q4 | us-gaap |
Temporary Equity Liquidation Preference
TemporaryEquityLiquidationPreference
|
14700000 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
800 | |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
800 | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
800 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2723306 | ||
CY2023Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-425000 | |
CY2022Q2 | us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | |
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
-402900 | ||
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | ||
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
4600 | |
CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
6175 | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
9250 | ||
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
23049 | ||
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
14910 | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
31513 | ||
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
22885 | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
602650 | ||
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
59876 | ||
CY2023Q2 | us-gaap |
Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
|
91500 | |
CY2022Q2 | us-gaap |
Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
|
0 | |
us-gaap |
Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
|
152500 | ||
us-gaap |
Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
|
0 | ||
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2744255 | |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
0 | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4712556 | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
0 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
339741632384 | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
339741632384 | |
CY2023Q2 | hcmc |
Temporary Equity Conversion Of Convertible Preferred Stock Shares
TemporaryEquityConversionOfConvertiblePreferredStockShares
|
915 | |
CY2023Q2 | hcmc |
Temporary Equity Conversion Of Convertible Preferred Stock Value
TemporaryEquityConversionOfConvertiblePreferredStockValue
|
915000 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
915000 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | |
CY2023Q2 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
1944 | |
CY2023Q2 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
1944425 | |
CY2022Q1 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | |
CY2022Q1 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
0 | |
CY2022Q2 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | |
CY2022Q2 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
0 | |
hcmc |
Temporary Equity Convertible Preferred Stock Redeemed Shares
TemporaryEquityConvertiblePreferredStockRedeemedShares
|
11193 | ||
hcmc |
Temporary Equity Convertible Preferred Stock Redeemed Value
TemporaryEquityConvertiblePreferredStockRedeemedValue
|
11192650 | ||
us-gaap |
Convertible Preferred Stock Converted To Other Securities
ConvertiblePreferredStockConvertedToOtherSecurities
|
22222 | ||
hcmc |
Temporary Equity Conversion Of Convertible Preferred Stock Shares
TemporaryEquityConversionOfConvertiblePreferredStockShares
|
1585 | ||
hcmc |
Temporary Equity Conversion Of Convertible Preferred Stock Value
TemporaryEquityConversionOfConvertiblePreferredStockValue
|
1585000 | ||
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
1585000 | ||
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | ||
us-gaap |
Preferred Stock Conversions Inducements
PreferredStockConversionsInducements
|
152500 | ||
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
1176750 | ||
CY2022Q2 | us-gaap |
Temporary Equity Shares Outstanding
TemporaryEquitySharesOutstanding
|
0 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2663430 | ||
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
-8400 | ||
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
5314 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | ||
us-gaap |
Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1
|
0 | ||
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
36834 | ||
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
2157 | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
899251 | ||
hcmc |
Increase Decrease In Prepaid Expense And Vendor Deposits
IncreaseDecreaseInPrepaidExpenseAndVendorDeposits
|
670178 | ||
hcmc |
Payments For Deferred Offering Costs
PaymentsForDeferredOfferingCosts
|
218865 | ||
hcmc |
Payments For Deferred Offering Costs
PaymentsForDeferredOfferingCosts
|
0 | ||
hcmc |
Accrued Payment Of Induced Conversions Of Preferred Stock
AccruedPaymentOfInducedConversionsOfPreferredStock
|
22222 | ||
hcmc |
Accrued Payment Of Induced Conversions Of Preferred Stock
AccruedPaymentOfInducedConversionsOfPreferredStock
|
0 | ||
hcmc |
Non Cash Deferred Offering Cost
NonCashDeferredOfferingCost
|
384614 | ||
hcmc |
Non Cash Deferred Offering Cost
NonCashDeferredOfferingCost
|
0 | ||
CY2023Q2 | us-gaap |
Cash
Cash
|
8500000 | |
CY2023Q2 | hcmc |
Working Capital Deficit
WorkingCapitalDeficit
|
6300000 | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt; font-style: italic; font-weight: bold;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">Reclassification</span></div> <div><br/> </div> <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;">Certain amounts in the condensed 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). $150,000 inventory shrink was originally presented in the statement of cash flow under change in operating assets inventory in cash used in operating activities for six months ended June 30, 2022, it was reclassified to <span style="-sec-ix-hidden:Fact_e3e3a10e63a2480fa55f6eb5b59c4c40">write-down of obsolete and slow-moving inventory</span> <span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">under cash used in operating activities in the statement of cash flow.</span></div> <div><br/> </div> <div style="text-align: justify; font-family: 'Times New Roman', Times, serif; font-size: 10pt;"><span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">The </span>change in the fair value measurement on contingent consideration <span style="font-size: 10pt; font-family: 'Times New Roman', Times, serif;">was presented under Other (expense) income, net in the statement of operations for three months ended March 31, 2023. For the three months ended June 30, 2023, the Company presented the change in fair value remeasurement as a separate line in the statement of operations.</span></div> | ||
hcmc |
Concentration Of Deposits Number Of Financial Institutions
ConcentrationOfDepositsNumberOfFinancialInstitutions
|
1 | ||
CY2023Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | |
CY2023Q2 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
7458162 | |
CY2022Q4 | us-gaap |
Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
|
21682144 | |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | ||
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
6132060 | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1368400 | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5162706 | ||
us-gaap |
Depreciation
Depreciation
|
286306 | ||
us-gaap |
Depreciation
Depreciation
|
113592 | ||
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
5005511 | |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
230277 | |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
165100 | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
461179 | ||
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
308486 | ||
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
461179 | |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
922358 | |
CY2023Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
2649933 | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
0 | ||
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1127000 | |
CY2022Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1177000 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
68837000000 | ||
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
463266632384 | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2700000 |