2022 Q3 Form 10-Q Financial Statement
#000149315222022345 Filed on August 12, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $774.2K | $1.115M | $857.0K |
YoY Change | -30.33% | 800.93% | |
Cost Of Revenue | $495.9K | $495.0K | $438.0K |
YoY Change | 7.72% | 1165.34% | |
Gross Profit | $278.2K | $619.8K | $419.0K |
YoY Change | -57.25% | 632.46% | |
Gross Profit Margin | 35.94% | 55.6% | 48.89% |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $3.744M | $1.357M | $1.140M |
YoY Change | 9506.38% | -88.82% | |
% of Gross Profit | 1345.74% | 218.91% | 272.01% |
Operating Expenses | $11.09M | $8.176M | $10.98M |
YoY Change | -9.56% | -53.79% | |
Operating Profit | -$10.81M | -$7.556M | -$10.57M |
YoY Change | -6.88% | -57.09% | |
Interest Expense | $389.8K | ||
YoY Change | 181.17% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$773.4K | -$387.0K | -$1.963M |
YoY Change | 14.04% | -89.13% | |
Pretax Income | -$11.58M | -$7.943M | -$12.47M |
YoY Change | -5.91% | -62.52% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$11.58M | -$7.943M | -$12.47M |
YoY Change | -5.91% | -62.52% | 767.54% |
Net Earnings / Revenue | -1496.45% | -712.5% | -1454.55% |
Basic Earnings Per Share | -$0.01 | -$0.01 | -$0.01 |
Diluted Earnings Per Share | -$0.01 | -$0.01 | -$0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.687B shares | 1.471B shares | 1.177B shares |
Diluted Shares Outstanding | 1.669B shares | 1.471B shares | 1.177B shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $1.258M | $1.985M | $5.443M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $307.0K | $363.9K | |
Other Receivables | |||
Total Short-Term Assets | $2.678M | $4.449M | |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $26.91K | $29.34K | $359.1K |
YoY Change | -92.57% | -91.95% | |
Goodwill | $7.334M | $10.51M | $7.159M |
YoY Change | -55.8% | -36.23% | |
Intangibles | $3.242M | $3.425M | $2.800M |
YoY Change | 19841.58% | 4290.24% | |
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $10.75M | $14.44M | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $2.678M | $4.449M | |
Total Long-Term Assets | $10.75M | $14.44M | |
Total Assets | $13.43M | $18.89M | |
YoY Change | |||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $30.42M | $32.14M | |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $6.654M | $4.657M | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $30.42M | $32.14M | |
Total Long-Term Liabilities | $6.654M | $4.657M | |
Total Liabilities | $37.07M | $36.80M | |
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$82.64M | -$71.06M | |
YoY Change | |||
Common Stock | $442.9K | $15.42K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$23.64M | -$17.90M | -$14.14M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $13.43M | $18.89M | |
YoY Change |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$11.58M | -$7.943M | -$12.47M |
YoY Change | -5.91% | -62.52% | 767.54% |
Depreciation, Depletion And Amortization | $3.744M | $1.357M | $1.140M |
YoY Change | 9506.38% | -88.82% | |
Cash From Operating Activities | -$4.074M | ||
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | $8.510K | ||
YoY Change | |||
Acquisitions | $148.7K | ||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$157.2K | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $6.501M | ||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -$4.074M | ||
Cash From Investing Activities | -$157.2K | ||
Cash From Financing Activities | $6.501M | ||
Net Change In Cash | $2.269M | ||
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.074M | ||
Capital Expenditures | $8.510K | ||
Free Cash Flow | -$4.083M | ||
YoY Change |
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|
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CY2022Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
27834 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
57693 | usd |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
4448685 | usd |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
3878868 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29340 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
356447 | usd |
CY2022Q2 | HMBL |
Assets Held For Sale Not Part Of Disposal Group Noncurrent
AssetsHeldForSaleNotPartOfDisposalGroupNoncurrent
|
328222 | usd |
CY2022Q2 | HMBL |
Intangible Assets Net Of Amortization
IntangibleAssetsNetOfAmortization
|
3424606 | usd |
CY2022Q2 | HMBL |
Intangible Assets Digital Assets Noncurrent
IntangibleAssetsDigitalAssetsNoncurrent
|
147823 | usd |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
10512346 | usd |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
6531346 | usd |
CY2022Q2 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
14442337 | usd |
CY2021Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
6887793 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
18891022 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
10766661 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
2964615 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
1460266 | usd |
CY2022Q2 | HMBL |
Obligation To Issue Common Shares
ObligationToIssueCommonShares
|
10236 | usd |
CY2021Q4 | HMBL |
Obligation To Issue Common Shares
ObligationToIssueCommonShares
|
676408 | usd |
CY2022Q2 | HMBL |
Digital Assets Held In Custody Liability
DigitalAssetsHeldInCustodyLiability
|
1572898 | usd |
CY2022Q2 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
3960705 | usd |
CY2022Q2 | us-gaap |
Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
|
314657 | usd |
CY2021Q4 | us-gaap |
Due To Other Related Parties Classified Current
DueToOtherRelatedPartiesClassifiedCurrent
|
327412 | usd |
CY2022Q2 | HMBL |
Notes Payables To Bank Current
NotesPayablesToBankCurrent
|
4240 | usd |
CY2022Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
502309 | usd |
CY2021Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
501828 | usd |
CY2022Q2 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
11007729 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
10986250 | usd |
CY2022Q2 | HMBL |
Convertible Notes Payable Related Parties
ConvertibleNotesPayableRelatedParties
|
7500000 | usd |
CY2021Q4 | HMBL |
Convertible Notes Payable Related Parties
ConvertibleNotesPayableRelatedParties
|
7500000 | usd |
CY2022Q2 | HMBL |
Convertible Notes Payable Net Of Discount Current
ConvertibleNotesPayableNetOfDiscountCurrent
|
4302092 | usd |
CY2021Q4 | HMBL |
Convertible Notes Payable Net Of Discount Current
ConvertibleNotesPayableNetOfDiscountCurrent
|
3392123 | usd |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
32139481 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
24844287 | usd |
CY2022Q2 | HMBL |
Notes Payables To Bank Noncurrent
NotesPayablesToBankNoncurrent
|
8835 | usd |
CY2022Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
147691 | usd |
CY2021Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
148172 | usd |
CY2022Q2 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
4500000 | usd |
CY2021Q4 | HMBL |
Convertible Long Term Notes Payable Net Of Discount
ConvertibleLongTermNotesPayableNetOfDiscount
|
2232702 | usd |
CY2022Q2 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
4656526 | usd |
CY2021Q4 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
2380874 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
36796007 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
27225161 | usd |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
7450000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
7450000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1541774389 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1541774389 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1023039433 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1023039433 | shares |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
15417 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
10230 | usd |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
53137176 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
34182004 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-71059564 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-50650809 | usd |
CY2022Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
1911 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-17904985 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-16458500 | usd |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
18891022 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10766661 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2261995 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
277850 | usd | |
CY2022Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
495026 | usd |
CY2021Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
39122 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1114861 | usd |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
123746 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1015996 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
143865 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
1245999 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
133985 | usd | |
CY2022Q2 | us-gaap |
Gross Profit
GrossProfit
|
619835 | usd |
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
84624 | usd |
us-gaap |
Development Costs
DevelopmentCosts
|
2075403 | usd | |
us-gaap |
Development Costs
DevelopmentCosts
|
756012 | usd | |
CY2022Q2 | us-gaap |
Development Costs
DevelopmentCosts
|
811411 | usd |
CY2021Q2 | us-gaap |
Development Costs
DevelopmentCosts
|
653709 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
1744882 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
1671974 | usd | |
CY2022Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
763744 | usd |
CY2021Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
1017221 | usd |
HMBL |
Settlement
Settlement
|
1120400 | usd | |
HMBL |
Settlement
Settlement
|
1870000 | usd | |
CY2021Q2 | HMBL |
Settlement
Settlement
|
1870000 | usd |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
1008642 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
12141062 | usd | |
CY2021Q2 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
12141062 | usd |
HMBL |
Impairment Digital Assets
ImpairmentDigitalAssets
|
1211882 | usd | |
CY2022Q2 | HMBL |
Impairment Digital Assets
ImpairmentDigitalAssets
|
1166564 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
12134402 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2458122 | usd | |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5434478 | usd |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2012749 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
19295611 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
18897170 | usd | |
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
8176197 | usd |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
17694741 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18049612 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18763185 | usd | |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7556362 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17610117 | usd |
us-gaap |
Interest Expense
InterestExpense
|
792620 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
143869 | usd | |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
389816 | usd |
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
138641 | usd |
HMBL |
Beneficial Conversion Feature
BeneficialConversionFeature
|
3300000 | usd | |
CY2021Q2 | HMBL |
Beneficial Conversion Feature
BeneficialConversionFeature
|
3300000 | usd |
HMBL |
Amortization Of Discounts
AmortizationOfDiscounts
|
1656267 | usd | |
HMBL |
Amortization Of Discounts
AmortizationOfDiscounts
|
147253 | usd | |
CY2022Q2 | HMBL |
Amortization Of Discounts
AmortizationOfDiscounts
|
65370 | usd |
CY2021Q2 | HMBL |
Amortization Of Discounts
AmortizationOfDiscounts
|
126656 | usd |
HMBL |
Gain On Sale Of Digital Assets
GainOnSaleOfDigitalAssets
|
95794 | usd | |
CY2022Q2 | HMBL |
Gain On Sale Of Digital Assets
GainOnSaleOfDigitalAssets
|
66243 | usd |
us-gaap |
Other Income
OtherIncome
|
1895 | usd | |
us-gaap |
Other Income
OtherIncome
|
3200 | usd | |
CY2022Q2 | us-gaap |
Other Income
OtherIncome
|
1895 | usd |
CY2021Q2 | us-gaap |
Other Income
OtherIncome
|
3200 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2351198 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3587922 | usd | |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-387048 | usd |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3562097 | usd |
HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-20400810 | usd | |
HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-22351107 | usd | |
CY2022Q2 | HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-7943410 | usd |
CY2021Q2 | HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-21172214 | usd |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-7945 | usd | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-281254 | usd | |
CY2021Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-23285 | usd |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-7945 | usd | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-281254 | usd | |
CY2021Q2 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-23285 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-20408755 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-22632361 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7943410 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-21195499 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-20408755 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-22632361 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7943410 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-21195499 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
1911 | usd | |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-1131 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-20406844 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-22632361 | usd | |
CY2022Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-7944541 | usd |
CY2021Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-21195499 | usd |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | ||
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.02 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1324745508 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
951633584 | shares | |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1471059609 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
929337459 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1560832 | usd |
CY2021Q1 | HMBL |
Stock Issued During Period Value Shares Issued In Reverse Merger
StockIssuedDuringPeriodValueSharesIssuedInReverseMerger
|
39967 | usd |
CY2021Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
179675 | usd |
CY2021Q1 | HMBL |
Adjustments To Additional Paid In Capital Stock Issueda For Members Interest Purchased For Cash
AdjustmentsToAdditionalPaidInCapitalStockIssuedaForMembersInterestPurchasedForCash
|
10000 | usd |
CY2021Q1 | HMBL |
Reclassification From Deferred Revenue On Warrant Purchase
ReclassificationFromDeferredRevenueOnWarrantPurchase
|
43243 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1436862 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
396855 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
922325 | usd |
CY2021Q2 | HMBL |
Stock Issued During Period Value Chile Country Rights
StockIssuedDuringPeriodValueChileCountryRights
|
1000000 | usd |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
10000000 | usd |
CY2021Q2 | HMBL |
Stock Issued During Period Value Shares Issued In Settlement
StockIssuedDuringPeriodValueSharesIssuedInSettlement
|
1170000 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
3300000 | usd |
CY2021Q2 | HMBL |
Adjustments To Additional Paid In Capital Discount On Convertible Notes
AdjustmentsToAdditionalPaidInCapitalDiscountOnConvertibleNotes
|
1754942 | usd |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
424101 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-21195499 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2227276 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-16458500 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
190593 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
187250 | usd |
CY2022Q1 | HMBL |
Stock Issued During Period Value Acquisitions Of Ixaya
StockIssuedDuringPeriodValueAcquisitionsOfIxaya
|
1500000 | usd |
CY2022Q1 | HMBL |
Stock Issued During Period Value Acquisitions Of Biz Secure
StockIssuedDuringPeriodValueAcquisitionsOfBizSecure
|
2229480 | usd |
CY2022Q1 | HMBL |
Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
|
2000000 | usd |
CY2022Q1 | HMBL |
Stock Issued During Period Value Shares Issued In Settlement
StockIssuedDuringPeriodValueSharesIssuedInSettlement
|
1120400 | usd |
CY2022Q1 | HMBL |
Shares Issued In Exchange Of Notes Payable And Accrued Interest
SharesIssuedInExchangeOfNotesPayableAndAccruedInterest
|
3176804 | usd |
CY2022Q1 | HMBL |
Stock Based Compensation Warrants
StockBasedCompensationWarrants
|
3270349 | usd |
CY2022Q1 | HMBL |
Stock Based Compensation Options
StockBasedCompensationOptions
|
36750 | usd |
CY2022Q1 | HMBL |
Stock Based Compensation Restricted Stock Grants
StockBasedCompensationRestrictedStockGrants
|
1440464 | usd |
CY2022Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
3042 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-12465345 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-14143213 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-14143213 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
34706 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
406040 | usd |
CY2022Q2 | HMBL |
Adjustments To Additional Paid In Capital Contribution Of Capital Digital Assets
AdjustmentsToAdditionalPaidInCapitalContributionOfCapitalDigitalAssets
|
500000 | usd |
CY2022Q2 | HMBL |
Stock Based Compensation Warrants
StockBasedCompensationWarrants
|
1251633 | usd |
CY2022Q2 | HMBL |
Stock Based Compensation Options
StockBasedCompensationOptions
|
208460 | usd |
CY2022Q2 | HMBL |
Stock Based Compensation Restricted Stock Grants
StockBasedCompensationRestrictedStockGrants
|
1216115 | usd |
CY2022Q2 | HMBL |
Amortization Of Contingent Consideration Restricted Stock Units
AmortizationOfContingentConsiderationRestrictedStockUnits
|
565815 | usd |
CY2022Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-1131 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7943410 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-17904985 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-17904985 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-20408755 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-22632361 | usd | |
us-gaap |
Depreciation
Depreciation
|
12457 | usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
275414 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
1008642 | usd | |
us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
12141062 | usd | |
HMBL |
Impairment Digital Assets
ImpairmentDigitalAssets
|
1211882 | usd | |
HMBL |
Gain On Sale Of Digital Assets
GainOnSaleOfDigitalAssets
|
95794 | usd | |
HMBL |
Expenses Paid For By Digital Assets
ExpensesPaidForByDigitalAssets
|
131489 | usd | |
HMBL |
Fee Added To Related Party Notes For Extension
FeeAddedToRelatedPartyNotesForExtension
|
9000 | usd | |
HMBL |
Sales Commission Received In Digital Assets
SalesCommissionReceivedInDigitalAssets
|
1410 | usd | |
HMBL |
Amortization Of Discounts
AmortizationOfDiscounts
|
1656267 | usd | |
HMBL |
Amortization Of Discounts
AmortizationOfDiscounts
|
147253 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1911 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
6795647 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1566068 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
88693 | usd | |
HMBL |
Settlement
Settlement
|
1120400 | usd | |
HMBL |
Settlement
Settlement
|
1870000 | usd | |
HMBL |
Beneficial Conversion Feature On Note Payable
BeneficialConversionFeatureOnNotePayable
|
3300000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
14168 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
7232 | usd | |
HMBL |
Increase Decrease In Intangible Assets
IncreaseDecreaseInIntangibleAssets
|
983890 | usd | |
HMBL |
Increase Decrease In Intangible Assets
IncreaseDecreaseInIntangibleAssets
|
98535 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-29859 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
156276 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-11547 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1691454 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
361314 | usd | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
12849160 | usd | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
19200800 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-7559595 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3431561 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
13572 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
364545 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
275020 | usd | |
us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
406040 | usd | |
HMBL |
Cash Received In Purchase Of Tickeri
CashReceivedInPurchaseOfTickeri
|
127377 | usd | |
HMBL |
Cash Received In Purchase Of Monster Creative
CashReceivedInPurchaseOfMonsterCreative
|
3017 | usd | |
HMBL |
Payments To Purchase Of Ixaya Net Of Amounts Received
PaymentsToPurchaseOfIxayaNetOfAmountsReceived
|
148675 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-843307 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-234151 | usd | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
10000 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
2000000 | usd | |
HMBL |
Proceeds From Notes Payable Related Parties
ProceedsFromNotesPayableRelatedParties
|
4502645 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
804 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
46 | usd | |
HMBL |
Repayment Of Amount Due To Seller
RepaymentOfAmountDueToSeller
|
12755 | usd | |
us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
406040 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
6250000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1000000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
6895126 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7259954 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1507776 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
3594242 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3493213 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1720979 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1985437 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5315221 | usd |
HMBL |
Conversion Of Preferred Stock Into Common Stock
ConversionOfPreferredStockIntoCommonStock
|
4451 | usd | |
HMBL |
Conversion Of Common Stock Into Preferred Stock
ConversionOfCommonStockIntoPreferredStock
|
796 | usd | |
HMBL |
Conversion Of Obligation To Issue Common Stock Into Common Stock
ConversionOfObligationToIssueCommonStockIntoCommonStock
|
449950 | usd | |
HMBL |
Exchange Of Convertible Notes Payable And Accrued Interest Into Common Stock
ExchangeOfConvertibleNotesPayableAndAccruedInterestIntoCommonStock
|
3176805 | usd | |
HMBL |
Contribution Of Digital Assets By Ceo
ContributionOfDigitalAssetsByCeo
|
500000 | usd | |
HMBL |
Reclassification Of Deferred Revenue To Additional Paid In Capital
ReclassificationOfDeferredRevenueToAdditionalPaidInCapital
|
43243 | usd | |
HMBL |
Recognition Of Discounts At Inception Of Convertible Notes Payable
RecognitionOfDiscountsAtInceptionOfConvertibleNotesPayable
|
1754942 | usd | |
HMBL |
Reclassification Of Fixed Assets To Assets Held For Sale
ReclassificationOfFixedAssetsToAssetsHeldForSale
|
328222 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_802_eus-gaap--NatureOfOperations_z8AvUPAKKez1" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">NOTE 1: <span id="xdx_822_zWf7LAl7OUM6">NATURE OF OPERATIONS</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">HUMBL, Inc. (“Company” or “HUMBL”) was incorporated November 12, 2009. The Company was redomiciled on November 30, 2020 to the State of Delaware.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 3, 2020, HUMBL, LLC (“HUMBL LLC”) merged into the Company in what is accounted for as a reverse merger. Under the terms of the Merger Agreement, HUMBL LLC exchanged <span id="xdx_90E_eus-gaap--EquityMethodInvestmentOwnershipPercentage_iI_pid_dp_c20201203__us-gaap--TypeOfArrangementAxis__custom--MergerAgreementMember__srt--ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis__custom--HUMBLLLCMember_zryU1dj5NBQe" title="Membership interests">100</span>% of their membership interests for <span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20201202__20201203__us-gaap--TypeOfArrangementAxis__custom--MergerAgreementMember__dei--LegalEntityAxis__custom--HUMBLLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesBPreferredStockMember_zy7FCqPls6x9" title="Number of shares of common stock">552,029</span> shares of newly created Series B Preferred Stock. The Series B Preferred shares were issued to the respective members of HUMBL LLC following the approval by FINRA of a one-for-four reverse stock split of the common shares and the increase in the authorized common shares to <span id="xdx_907_eus-gaap--CommonStockSharesAuthorized_iI_c20201203__dei--LegalEntityAxis__custom--HUMBLLLCMember_zNqCAzyMWfYg" title="Common stock, shares authorized">7,450,000,000</span> shares, and <span id="xdx_906_eus-gaap--PreferredStockSharesAuthorized_iI_c20201203__dei--LegalEntityAxis__custom--HUMBLLLCMember_zd0PhOwJuqH1" title="Preferred stock, shares authorized">10,000,000</span> preferred shares.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The FINRA approval for both the increase in the authorized common shares and reverse stock split occurred on February 26, 2021. To assume control of the Company, the former CEO, Henry Boucher assigned his <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20220101__20220630__srt--TitleOfIndividualAxis__custom--HenryBoucherMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--NotesPayableOtherPayablesMember_z2A6GqxgmwS5" title="Number of shares issued for assigned">7,000,000</span> shares of Series A Preferred Stock as well as <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_c20220101__20220630__srt--TitleOfIndividualAxis__custom--HenryBoucherMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonStockMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--NotesPayableOtherPayablesMember_zgsasEvERmii" title="Number of shares issued for assigned">550,000,000</span> shares of common stock to Brian Foote, the President and CEO of HUMBL LLC for a $<span id="xdx_900_eus-gaap--StockIssuedDuringPeriodValueAcquisitions_pp0p0_c20220101__20220630__srt--TitleOfIndividualAxis__custom--BrianFooteMember__us-gaap--ShortTermDebtTypeAxis__us-gaap--NotesPayableOtherPayablesMember_zIUFuLuX4wCi">40,000</span> note payable. <span id="xdx_90A_eus-gaap--PreferredStockVotingRights_c20220101__20220630__dei--LegalEntityAxis__custom--HUMBLLLCMember__us-gaap--StatementClassOfStockAxis__us-gaap--SeriesAPreferredStockMember_za4AuFQ5X5I" title="Preferred stock voting rights">The Series A Preferred Stock is not convertible into common stock; however, it has voting rights of 10,000 votes per 1 share of stock</span>. After the reverse merger was completed, HUMBL LLC ceased doing business, and all operations were conducted under Tesoro Enterprises, Inc. which later changed their name to HUMBL, Inc. (“HUMBL” or the “Company”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 3, 2021 we acquired Tickeri, Inc. (“Tickeri”) in a debt and stock transaction totaling $<span id="xdx_900_eus-gaap--BusinessAcquisitionCostOfAcquiredEntityTransactionCosts_iI_pp0p0_c20210603__srt--ConsolidatedEntitiesAxis__custom--TickeriIncMember__dei--LegalEntityAxis__custom--HUMBLIncMember_z7Gdt1Xmnsec" title="Acquisition transaction costs">20,000,000</span> following which Tickeri became a subsidiary of HUMBL. Tickeri is a leading ticketing, live events and box office SaaS platform featuring Latin events and artists throughout the United States, Latin America, and the Caribbean corridor. The purchase price for the stock purchase was $<span id="xdx_906_eus-gaap--BusinessCombinationConsiderationTransferred1_pp0p0_c20210602__20210603__srt--ConsolidatedEntitiesAxis__custom--TickeriIncMember__dei--LegalEntityAxis__custom--HUMBLIncMember_zMyjPnBcjKR7" title="Purchase price">20,000,000</span> of which we must pay $<span id="xdx_90A_eus-gaap--PaymentsToAcquireBusinessesGross_pp0p0_c20210602__20210603__srt--ConsolidatedEntitiesAxis__custom--TickeriIncMember__dei--LegalEntityAxis__custom--HUMBLIncMember__us-gaap--StatementEquityComponentsAxis__us-gaap--CommonStockMember_z1PCsBtjMiBa" title="Payments for acquisition">10,000,000</span> in our common stock and $<span id="xdx_904_eus-gaap--PaymentsToAcquireBusinessesGross_pp0p0_c20210602__20210603__srt--ConsolidatedEntitiesAxis__custom--TickeriIncMember__dei--LegalEntityAxis__custom--HUMBLIncMember__us-gaap--DebtInstrumentAxis__custom--TwoPromissoryNotesMember_zb84ipQvyrqf" title="Payments for acquisition">10,000,000</span> was paid through two promissory notes. The shares had a deemed value equal to the volume weighted average price per share of HUMBL common stock on the OTC Markets for the ten consecutive trading days ending with the complete trading day ending two trading days prior to the closing. We issued the two shareholders of Tickeri, Juan Gonzalez and Javier Gonzalez, <span id="xdx_90D_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20210602__20210603__srt--TitleOfIndividualAxis__custom--JuanAndJavierGonzalezMember_zk0S1Dl6sGQf" title="Shares issued during period">4,672,897</span> shares of our common stock each. We also issued to each of Juan and Javier Gonzalez a secured promissory note in the face amount of $<span id="xdx_90A_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20210603__srt--ConsolidatedEntitiesAxis__custom--TickeriIncMember__us-gaap--DebtInstrumentAxis__custom--SecuredPromissoryNoteMember__srt--TitleOfIndividualAxis__custom--JuanAndJavierGonzalezMember_z5D6FuB1myGj" title="Aggregate principal amount">5,000,000</span>. The promissory notes are due and payable on or before December 31, 2022, bear interest at the rate of <span id="xdx_900_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20210603__srt--ConsolidatedEntitiesAxis__custom--TickeriIncMember__us-gaap--DebtInstrumentAxis__custom--SecuredPromissoryNoteMember__srt--TitleOfIndividualAxis__custom--JuanAndJavierGonzalezMember_zAbU0sAZh7d5" title="Interest rate">5</span>% per annum and are secured by the equity interests of Tickeri. In the event of an uncured default by HUMBL under the promissory note, Juan and Javier Gonzalez have the right to recover the ownership of Tickeri and re-commence the business and operations of Tickeri free and clear of any claims or encumbrances by HUMBL. We intend to limit the integration of Tickeri’s assets with our assets until the promissory notes are paid in full. We agreed to register on Form S-1 within three months from the closing the shares issued to Juan and Javier Gonzalez and have the registration statement declared effective within six months of the closing date. Following the closing, Juan Gonzalez and Javier Gonzalez, entered into employment agreements having a term of 18 months, appointing them CEO of Tickeri and CTO of HUMBL, respectively. The Company has been negotiating with both Juan Luis and Javier Gonzalez regarding the registration rights effectiveness provision and have accrued $<span id="xdx_904_eus-gaap--DebtInstrumentIncreaseAccruedInterest_c20220101__20220630__srt--TitleOfIndividualAxis__custom--JuanAndJavierGonzalezMember_zpdlJoEg4HI3" title="Accrued interest">700,000</span> through June 30, 2022 as a result of the failure to have the registration statement originally filed in July 2021 declared effective. We evaluated whether this penalty would constitute a derivative liability, and we determined that there are sufficient funds to cover this fee and sufficient authorized common stock should we pay this fee in stock.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 30, 2021, we acquired Monster Creative, LLC (“Monster”). Monster is a Hollywood production studio that specializes in producing movie trailers and other related content. Monster was founded by Doug Brandt and Kevin Childress. Monster will collaborate with HUMBL in the production of NFTs and other digital content. The purchase price for all of the membership interests in Monster was paid through the issuance of one convertible note and one non-convertible note to each of Doug Brandt and Kevin Childress in the aggregate principal amount of $<span id="xdx_90F_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--OneConvertibleNoteAndOneNonConvertibleNoteMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zigoiUsRjrNj" title="Aggregate principal amount"><span>8,000,000</span></span>. The convertible notes were issued to Doug Brandt (through an entity owned by him) and Kevin Childress in the aggregate principal amount of $<span id="xdx_907_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--ConvertibleNotesMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zHS6HjkLmtv3" title="Aggregate principal amount">7,500,000</span>. The notes convert at the holder’s election at $<span id="xdx_909_eus-gaap--DebtInstrumentConvertibleConversionPrice1_iI_c20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--ConvertibleNotesMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zFIZ7gvD3Bvk" title="Conversion price per share">1.20</span> per share, bear interest at <span id="xdx_90E_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--ConvertibleNotesMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zvs5wQZeqRM8" title="Interest rate">5</span>% per annum and are due in <span id="xdx_90B_eus-gaap--DebtInstrumentTerm_dtM_c20210101__20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--ConvertibleNotesMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zO7wVEyspAaa" title="Debt term">18</span> months from issuance. We also issued non-convertible notes to Doug Brandt and Kevin Childress in the aggregate amount of $<span id="xdx_903_eus-gaap--DebtInstrumentFaceAmount_iI_pp0p0_c20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--NonConvertibleNotesMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zFX1fD9y05aa" title="Aggregate principal amount">500,000</span>. These notes bear interest at the rate of <span id="xdx_903_eus-gaap--DebtInstrumentInterestRateStatedPercentage_iI_dp_c20210630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--ConvertibleNotesMember__srt--TitleOfIndividualAxis__custom--DougBrandtAndKevinChildressMember_zo1cZs5gqSS2" title="Interest rate">5</span>% per annum and are due on April 1, 2022. Doug Brandt and Kevin Childress each entered into employment agreements with Monster having a term of three years. Doug Brandt was appointed as the CEO of Monster and Kevin Childress was appointed as its President and Creative Director. The Company and Doug Brandt and Kevin Childress agreed to an extension on March 30, 2022 of the notes that were due April 1, 2022 until July 1, 2022 and then another extension on July 1, 2022 to October 1, 2022.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In the initial extension agreements through July 1, 2022, the Company added $<span id="xdx_902_eus-gaap--PaymentsOfDebtRestructuringCosts_c20220101__20220630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--OneConvertibleNoteAndOneNonConvertibleNoteMember__srt--TitleOfIndividualAxis__custom--DougBrandtMember_zbYsmk3bEes9" title="Debt extension agreement restructuring cost">7,500</span> to Doug Brandt and $<span id="xdx_902_eus-gaap--PaymentsOfDebtRestructuringCosts_c20220101__20220630__srt--ConsolidatedEntitiesAxis__custom--MonsterCreativeLLCMember__us-gaap--DebtInstrumentAxis__custom--OneConvertibleNoteAndOneNonConvertibleNoteMember__srt--TitleOfIndividualAxis__custom--KevinChildressMember_z0LZPpuc5xF1">1,500</span> to Kevin Childress in their note agreements, and then added another $7,500 to Doug Brandt and $1,500 to Kevin Childress on July 1, 2022 to extend these notes to October 1, 2022. <span id="xdx_90A_ecustom--AgreementsDescription_c20220101__20220630_zZTpfSTK2Qaf" title="Agreements description">On July 1, 2022, the Company extended these notes to October 1, 2022 with the following terms: (i) $85,000 due July 15, 2022; (ii) $50,000 due August 1, 2022, (iii) $50,000 due September 1, 2022; and (iv) the remainder of $333,000 due October 1, 2022. The fees of $18,000 on the two extensions did not constitute a material modification of the debt instruments</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On February 12, 2022, the Company entered into an asset purchase agreement with BizSecure, Inc. (“BizSecure”). The Company determined this was an acquisition of a business pursuant to the guidance provided in both ASC 805 and Rule 11-01(d) of Regulation S-X. BizSecure is not considered a significant subsidiary under Regulation S-X Rule 1-02(w). The Company acquired a customer relationship with the US Air Force and BizSecure’s Mobile ID technology. The Company entered into employment agreements with two BizSecure employees as part of the agreement to help integrate the Mobile ID technology into the Company’s larger suite of products and help operate the blockchain services division. The assets acquired from BizSecure represented the majority of the operations of the entity and BizSecure post-acquisition has only conducted nominal operations and has no employees. The Company issued to BizSecure <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20220329__20220402_zgksV257kVck">13,200,000</span> common shares and <span id="xdx_902_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_pid_c20220329__20220402__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_ztdISPW76h1h">26,800,000</span> restricted stock units that vest quarterly commencing April 1, 2022 for a period of <span id="xdx_909_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1_dc_c20220329__20220402__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zPYnBI44La2g" title="Vesting period">two years</span>. The shares and restricted stock units have a value of $<span id="xdx_90F_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20220329__20220402__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_z5FIXmCrkPO1" title="Shares issued">6,756,000</span>. The Company has included the value of $<span id="xdx_90E_ecustom--ContingentConsiderationOfRestrictedStock_c20220329__20220402__us-gaap--AwardTypeAxis__us-gaap--RestrictedStockUnitsRSUMember_zoJtjNn8uk6c" title="Value of the restricted stock units in contingent consideration">4,526,520</span> which represents the value of the restricted stock units in contingent consideration pursuant to ASC 805-10-55-25. Management considered several factors when making the determination to treat the RSUs as contingent consideration and not post-combination compensation, including, but not limited to, the following: (a) the RSUs are not automatically forfeited upon termination of the two key employees as those RSUs would vest if the employees were terminated without cause or if the employees resigned with good reasons; (b) all selling shareholders of BizSecure receive the same pro rata compensation; (c) the BizSecure shareholders hired by the Company receive compensation commensurate with other employees in the Company at the same level; (d) there are no adjustments to the RSUs based on earnings and thus there is no profit-sharing component to the RSUs; and (e) the parties desired for the compensation to be paid over time and not all up front. Therefore, the Company determined that the restricted stock units should be treated as contingent consideration.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif">On March 3, 2022, the Company acquired Ixaya Business SA de CV, a Mexican corporation (“Ixaya”), under a Stock Purchase Agreement (“Ixaya SPA”). The acquisition of Ixaya was for $<span id="xdx_906_eus-gaap--CashAcquiredFromAcquisition_c20220301__20220303__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementMember_zbo6wVvZo9ga" title="Cash acquired from acquisition">150,000</span> and <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesAcquisitions_pid_c20220301__20220303__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementMember_zo0EspXvN6vb" title="Number of shares issued for assigned">8,962,036</span> shares of common stock (a value of $<span id="xdx_90C_eus-gaap--StockIssuedDuringPeriodValueAcquisitions_c20220301__20220303__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementMember_zN0PnpXoCfpe" title="Shares issued for acquisitions">1,500,000</span>) for a total of $<span id="xdx_905_eus-gaap--BusinessCombinationConsiderationTransferred1_c20220301__20220303__us-gaap--TypeOfArrangementAxis__custom--StockPurchaseAgreementMember_zPHsZMXnRw4i" title="Total business Acquisition">1,650,000</span>. The Company accounted for this acquisition as a business combination under ASC 805, and Ixaya is not considered a significant subsidiary under Regulation S-X Rule 1-02(w).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0.05pt 0 0; text-align: justify"><span style="font: normal 10pt Times New Roman, Times, Serif"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">HUMBL is a Web 3, digital commerce platform that was built to connect consumers, businesses and governments in the digital economy. HUMBL provides simple tools and packaging for complex new technologies such as blockchain, in the same way that previous cycles of e-commerce and the cloud were more simply packaged by companies such as Facebook, Apple, Amazon and Netflix over the past several decades. The Company through their product offerings are looking to simplify and package the tokenized blockchain economy for consumers, corporations and government.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The goal of HUMBL is to provide ready built tools, and platforms for consumers and merchants to seamlessly participate in the digital economy. HUMBL is built on a patent-pending decentralized technology stack that utilizes both core and partner technologies, to provide faster connections to the digital economy and each other.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is organized into two divisions: a) HUMBL Consumer and b) HUMBL Commercial. These two divisions incorporate and expand the Company’s core products that were formerly set up into three distinct segments prior to 2022. The majority of the Company’s operations prior to 2022 were focused on the Consumer division. With the acquisition of the Mobile ID technology from BizSecure and software capabilities from Ixaya, the development of our newly formed HUMBL Blockchain Services unit we anticipate that the Commercial division will provide opportunities across the governmental sector as well as businesses in search of enhancing their platforms.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">HUMBL’s core products and services are as follows:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">●<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <i>HUMBL Mobile Wallet</i> – A mobile app that allows peers, consumers and merchants to connect in the digital economy;</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">●<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <i>HUMBL Marketplace</i> – A mobile marketplace that allows consumers and merchants to connect more seamlessly in the digital economy; and</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">●<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <i>HUMBL Financial</i> – Financial products and services, targeted for simplified investing on the blockchain.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">● <i>HUMBL Blockchain Services</i> – Enterprise solutions for businesses and governments related primarily to credentialing and identity verification.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-right: 0; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>HUMBL Mobile Wallet (formerly HUMBL Pay)</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">HUMBL continues the development of a mobile application that allows customers to migrate to and participate in the digital economy. The Company has integrated a variety of useful functionality such as buying, selling, sending and receiving digital assets, storing personal digital credentials and supporting various digital forms of payment. The Company is also working rapidly to integrate the use of search, discovery, peer-to-peer cash and ticketing around the world, as these services migrate into digital and blockchain-based modalities. The mobile application is designed to provide functionality to the following groups:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">●<span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <b>Individuals</b> - Consumers who want to participate in acquiring digital assets discover, pay, rate and review experiences digitally vs. paper bills and hardware point-of-sale (“POS”);</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">● <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Freelancers </b>- Service providers and gig workers that want to get paid from anywhere they work vs. paper bills and hardware POS; and</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">● <span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Merchants </b>– Primarily brick and mortar vendors that want to get paid digitally vs. paper bills and hardware POS.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We can receive revenue from the mobile wallet in two ways. First, HUMBL can participate in any transactional fees generated from customers using the HUMBL Pay app. In these circumstances HUMBL can typically collect a percentage of the transaction for providing these services. Second, HUMBL can charge a monthly subscription fee for users such as merchants and freelancers that use the app. Currently, we are not receiving revenue in either of these ways. The Company is not charging fees (in addition to those charged by the third-party services providers) as a way to provide competitive pricing and incentivize customers to use the app. We could begin charging these fees at any time.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We engage the services of providers such as Stripe to process payments and Wyre and BitGo to act as custodians of the digital assets purchased by our customers using our HUMBL Pay app. The digital assets purchased on our platform are actually purchased through the Wyre and held by Wyre for our customers’ benefit. No digital assets are purchased through BitGo, but they do act as a custodian for certain of our digital assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>HUMBL Marketplace </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Through its online marketplace, HUMBL is developing the capability for merchants to list a wide range of soft goods and digital assets to mid-market audiences, that, where appropriate, incorporate the benefits of blockchain. HUMBL provides merchants with the ability to list and sell goods with greater levels of authentication, by using technologies such as the HUMBL Token Engine and HUMBL Origin Assurance, to improve the merchant’s ability to trade, track and pay for assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Through our online marketplace we also allow for the listing of non-fungible tokens (“NFTs”). NFTs allow entities and individuals such as athletes, celebrities, agencies, artists and companies to monetize their digital images, multimedia content and catalogues on the blockchain. HUMBL provides a marketplace for artists and athletes to connect online in the sale of digital collectibles to fans and collectors and provides a rigorous set of terms and conditions that govern what can and cannot be listed on the marketplace. We currently review all listings to screen for graphic content, potential intellectual property rights violations, and potential securities law violations. The NFT marketplace is operated through a third-party marketplace plug-in (OpenSea), electronic wallet extensions (such as MetaMask), and the Ethereum blockchain. Users participate in the NFT marketplace by linking their digital wallets to our platform and engaging (e.g., buying, selling, bidding) with the NFTs listed on our platform. The services provided by HUMBL are administrative. HUMBL is a platform and does not act as a broker, financial institution, or creditor. We facilitate transactions between the buyer and seller in the auction/sale process but we are not a party to any agreement between the buyer and seller or between any users.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We receive revenue from the NFT marketplace in two ways. First, for some clients HUMBL provides design services to help artists, athletes and entertainers create NFTs to be sold to their fans. In these circumstances HUMBL typically receives a flat fee for providing such services that is paid out of the sales price of the NFT. The size of the fee depends on the scope and complexity of the design services provided. Second, HUMBL receives a transaction fee each time an NFT sells on the NFT marketplace.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The NFT marketplace allows creators to mint NFTs using their own intellectual property and list those NFTs for sale (primary sales) on the marketplace. The NFT marketplace also allows for NFTs to be resold (secondary sales) on the platform, but currently only NFTs that were originally minted on the Company’s NFT Marketplace or are otherwise approved by the Company may be listed for secondary sales on the Marketplace. The Company does not otherwise support or influence the market for the resale of NFTs sold on its platform. Other than requiring creators to attest they own the IP used to create their NFTs and monitoring for obvious copyright violations, the Company does not enforce any rights related to the primary or secondary sales of NFTs. Payment transactions for the purchase and sale of NFTs are made through the use of smart contracts on the Ethereum blockchain.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company does not handle separate, off-chain payments for NFTs. Tracking and payment of resale royalty fees are accomplished automatically through the use of smart contracts. The Company is not responsible for distributing or managing resale royalty fees.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In September of 2021, HUMBL launched HUMBL Tickets, initially focused on the offering of secondary (resale) tickets to thousands of live events across North America. The inventory listings and ticket fulfillment are provided by Ticket Evolution and HUMBL earns a commission for each sale. In addition to its subsidiary Tickeri, the Company will continue to work with clients to merge the realms of NFTs, event tickets and blockchain authentication.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>HUMBL Financial</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">HUMBL Financial was developed to package step-function technologies such as blockchain into “several clicks” for the customer.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In 2021, HUMBL Financial created BLOCK ETX products to simplify digital asset investing for customers and institutions seeking exposure to a new, 24/7 digital asset class. We have launched this product in 100 countries outside the United States. HUMBL Financial has developed proprietary, multi-factor blockchain indexes, trading algorithms and financial services for the new digital asset trading markets to accommodate index, active and thematic investment strategies. BLOCK ETXs are completely non-custodial, algorithmically driven software services that allow customers to purchase and hold digital assets in pre-set allocations through their own digital asset exchange accounts. BLOCK ETXs are compatible for United States customers who have accounts with Coinbase Pro, Bittrex US or Binance US and for non-US customers who have accounts with Bittrex Global. BLOCK ETXs were served first on the desktop and web version of the HUMBL platform, with the goal of future applications inside the HUMBL mobile application. HUMBL Financial is open to the licensing of the BLOCK ETXs to institutions and exchanges. HUMBL Financial also plans to offer trusted, third-party financial services in areas such as payments, investments, credit card services and lending across the HUMBL platform over time.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In February 2022, the Company elected to suspend offering the BLOCK ETX products pending further legal analysis regarding how to offer the BLOCK ETXs in a fully compliant manner with the evolving laws and regulatory treatment of such novel products. The Company will continue to monitor the regulatory environment with respect to these products. In accordance with ASC 205-20-50-1(a), the timing of the disposal was February 28, 2022. The Company met the criteria for the BLOCK ETX operations to be classified as held for sale at that time.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>HUMBL Blockchain Services</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">HUMBL Blockchain Services (“HBS”) was formed as part of the Company’s asset acquisition of BizSecure on February 12, 2022. Recognizing the opportunities for governments and commercial enterprises to incorporate Blockchain and Distributed Ledger Technologies (“DLT”), HBS is focused on working with clients to identify problems and develop solutions that build upon the various capabilities the Company has and continues to develop.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our solutions enable municipalities, government agencies, and other commercial entities the ability to offer mobile IDs and other credential verification services to their constituents. We continue to make significant investments to leverage our existing technologies and further expand both our DLT capabilities and are always exploring strategic alternatives intended to optimize the value of our Company.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Going Concern</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liquidity is the ability of a company to generate funds to support its current and future operations, satisfy its obligations, and otherwise operate on an ongoing basis. Significant factors in the management of liquidity are funds generated by operations, levels of accounts receivable and accounts payable and capital expenditures.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We have incurred an increased working capital deficit and accumulated deficit as of March 31, 2022 as we continued to ramp up operations significantly in this period and incurred new debt mostly offset by exchanging some debt into shares of common stock to assist in supporting our operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of June 30, 2022, we had $<span id="xdx_90A_eus-gaap--RestrictedCashAndInvestments_iI_c20220630__srt--TitleOfIndividualAxis__srt--ManagementMember_zQ7SYJJvxTo6" title="Restricted cash and investments">1,985,437</span> in cash and restricted cash. Between the growth in revenues and profitability from our subsidiaries as well as through sales of merchandise, HUMBL Tickets and NFTs in the HUMBL Marketplace, we continue to fund the development of the HUMBL Wallet. In February 2022 we entered into an purchase agreement with BizSecure that coincided with the commencement of HUMBL Blockchain Services. With this acquisition of BizSecure and Ixaya in March 2022, we are growing our operations in the LatAm region of the world and expect to be able to offer our array of core products to governmental agencies as well as the private sector not in the United States, but throughout the world. We have generated a majority of our proceeds from the issuance of debt and through the exercise of warrants.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We had a working capital deficit of $<span id="xdx_908_ecustom--WorkingCapital_iI_c20220630_zzMNTnAno5Kk" title="Working capital deficit">27,690,796</span> and $<span id="xdx_90B_ecustom--WorkingCapital_iI_c20211231_zWTD13fFUga8" title="Working capital deficit">20,965,419</span> as of June 30, 2022 and December 31, 2021, respectively. The majority of our current liabilities is in the form of related party notes for the acquisitions of Tickeri and Monster. The decrease in working capital is the direct result of these notes as well as the debt incurred related to the cash necessary to continue the development of our mobile wallet. The Company believes it has adequate capital resources to meet its cash requirements during the next 12 months as they continue to grow and develop suitable sources of capital. A majority of the Company’s operating expenses in 2022 (<span id="xdx_909_ecustom--ImpairmentOfGoodwillPercentage_pid_dp_uPure_c20220101__20220630_zanvsLZRPv3f" title="Impairment of goodwill percentage">52%</span>) were the result of non-cash charges such as impairment of goodwill, settlement and stock-based compensation. The actual monthly cash burn of the Company is approximately $<span id="xdx_905_ecustom--MonthlyCashBurn_iI_c20220630_zX5neNXIrpga" title="Monthly cash burn">1,250,000</span> per month at this time and as our core products come online, this is likely to decrease upon our technology being completed. The Company has received $<span id="xdx_90D_eus-gaap--ProceedsFromWarrantExercises_c20220101__20220630_zFm6PCLV1Jic" title="Proceeds from additional warrant exercises">2,000,000</span> in additional warrant exercises and $<span id="xdx_909_eus-gaap--ProceedsFromRelatedPartyDebt_c20220101__20220630_zd6PxbvXgjx3" title="Proceeds from related party debt">6,500,000</span> in related party debt proceeds in 2022, however, as a result of the operating losses and working capital deficit, management has determined that there is substantial doubt about the Company’s ability to continue as a going concern.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We expect that the revenue generating operations of the Company will continue to improve the liquidity of the Company moving forward. However, going forward, the effect of the pandemic on the capital markets may limit our ability to raise additional capital on the terms acceptable to us at the time we need it, if at all. The challenges related to remote work and travel restrictions that we as a smaller company have faced in striving to meet our disclosure obligations in a timely manner while taking the steps to protect the health and safety of our employees have impacted, and may continue to further impact, our ability to raise additional capital.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The consolidated financial statements of the Company have been prepared assuming that the Company will continue as a going concern, which contemplates, among other things, the realization of assets and the satisfaction of liabilities in the normal course of business over a reasonable period. The consolidated financial statements of the Company do not include any adjustments that may result from the outcome of the uncertainties.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company plans to raise additional capital through the exercising of their warrants as well as through future debt and equity financings to carry out its business plan. Obtaining additional financing and the successful development of the Company’s segments including their new Blockchain Services group, ultimately, to profitable operations, are necessary for the Company to continue operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Impact of COVID-19</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The COVID-19 pandemic previously had a profound effect on the U.S. and global economy and may continue to affect the economy and the industries in which we operate, depending on the vaccine rollouts and the emergence of virus mutations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">COVID-19 did not have a material effect on the Consolidated Statements of Operations or the Consolidated Balance Sheets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our ability to access the capital markets and maintain existing operations is unknown during the COVID-19 pandemic. Any such limitation on available financing and how we conduct business with our customers and vendors would adversely affect our business.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Because the federal government and some state and local authorities are reacting to the many variants of COVID-19, it is creating uncertainty on whether these actions could disrupt the operation of the Company’s business and have an adverse effect on the Company. The extent to which the COVID-19 outbreak may impact the Company’s results will depend on future developments that are highly uncertain and cannot be predicted, including new information that may emerge concerning the severity of the virus and the actions to contain its impact.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
HMBL |
Agreements Description
AgreementsDescription
|
On July 1, 2022, the Company extended these notes to October 1, 2022 with the following terms: (i) $85,000 due July 15, 2022; (ii) $50,000 due August 1, 2022, (iii) $50,000 due September 1, 2022; and (iv) the remainder of $333,000 due October 1, 2022. The fees of $18,000 on the two extensions did not constitute a material modification of the debt instruments | ||
CY2022Q2 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
13200000 | shares |
CY2022Q2 | HMBL |
Working Capital
WorkingCapital
|
27690796 | usd |
CY2021Q4 | HMBL |
Working Capital
WorkingCapital
|
20965419 | usd |
HMBL |
Impairment Of Goodwill Percentage
ImpairmentOfGoodwillPercentage
|
0.52 | pure | |
CY2022Q2 | HMBL |
Monthly Cash Burn
MonthlyCashBurn
|
1250000 | usd |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
2000000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
6500000 | usd | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84A_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zzeQ5PW5zRyl" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reclassification</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has reclassified certain amounts in the 2021 financial statements to comply with the 2022 presentation. These principally relate to classification of certain expenses and liabilities. The reclassifications had no impact on total net loss or net cash flows for the six months ended June 30, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_841_eus-gaap--UseOfEstimates_zxiuQXLJT9Sb" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Use of Estimates</i></b> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the U.S. 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 financial statements and reported amounts of revenues and expenses during the reporting period. These estimates include, but are not limited to, management’s estimate of provisions required for permanent and temporary differences related to income taxes, liabilities to accrue, estimates of the fair value of goodwill and determination of the fair value of stock awards. Actual results could differ from those estimates. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2021Q4 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2022Q2 | HMBL |
Asset And Liability Related To Digital Assets Held
AssetAndLiabilityRelatedToDigitalAssetsHeld
|
1572898 | usd |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84A_eus-gaap--ConcentrationRiskCreditRisk_zXHOMdjWYgsb" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Accounts Receivable and Concentration of Credit Risk</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">An allowance is based on management’s estimate of the overall collectability of accounts receivable, considering historical losses. Based on these same factors, individual accounts are charged off against the allowance when management determines those individual accounts are uncollectible. Credit extended to customers is generally uncollateralized. Past-due status is based on contractual terms. The Company does not charge interest on accounts receivable. As of June 30, 2022 and December 31, 2021, there was <span id="xdx_90C_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pp0p0_do_c20220630_zDX3KWcuQT13" title="Allowance for accounts receivable"><span id="xdx_909_eus-gaap--AllowanceForDoubtfulAccountsReceivable_iI_pp0p0_do_c20211231_zY82FvQBPl59" title="Allowance for accounts receivable">no</span></span> allowance necessary.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
us-gaap |
Derivatives Reporting Of Derivative Activity
DerivativesReportingOfDerivativeActivity
|
<p id="xdx_844_eus-gaap--DerivativesReportingOfDerivativeActivity_zRLLFoJFRpp4" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Derivative Financial Instruments</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company does not use derivative instruments to hedge exposures to cash flow, market, or foreign currency risks. Management evaluates all of the Company’s financial instruments, including convertible notes and warrants, to determine if such instruments are derivatives or contain features that qualify as embedded derivatives.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company generally uses a Black-Scholes model, as applicable, to value the derivative instruments at inception and subsequent valuation dates when needed. The classification of derivative instruments, including whether such instruments should be recorded as liabilities, is remeasured at the end of each reporting period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Impairment Charge On Reclassified Assets
ImpairmentChargeOnReclassifiedAssets
|
1211882 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
7945 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-7945 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
104366 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
104366 | usd | |
HMBL |
Disposal Group Including Discontinued Operation Operating And Non Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingAndNonOperatingExpense
|
385620 | usd | |
us-gaap |
Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
|
-281254 | usd | |
CY2022Q2 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
328222 | usd |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
986142 | usd | |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-23402883 | usd | |
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-0.02 | ||
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
2302495 | usd | |
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
-20437405 | usd | |
us-gaap |
Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
|
-0.02 | ||
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
2261995 | usd | |
us-gaap |
Revenue Not From Contract With Customer
RevenueNotFromContractWithCustomer
|
277850 | usd | |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6311 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
11129 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29340 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
356447 | usd |
CY2022Q2 | us-gaap |
Assets Held For Sale Not Part Of Disposal Group
AssetsHeldForSaleNotPartOfDisposalGroup
|
328222 | usd |
us-gaap |
Depreciation
Depreciation
|
12457 | usd | |
CY2022Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
3150000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Customer Relationships Gross
FiniteLivedCustomerRelationshipsGross
|
275000 | usd |
CY2022Q2 | HMBL |
Finite Lived Domain Names Gross
FiniteLivedDomainNamesGross
|
275020 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-275414 | usd |
CY2022Q2 | HMBL |
Intangible Assets Net Of Amortization
IntangibleAssetsNetOfAmortization
|
3424606 | usd |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
275414 | usd | |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
10512346 | usd |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
6531346 | usd |
CY2021 | HMBL |
Digital Currency Expenses
DigitalCurrencyExpenses
|
133660 | usd |
CY2021 | us-gaap |
Proceeds From Commissions Received
ProceedsFromCommissionsReceived
|
8400 | usd |
CY2021 | us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
34570 | usd |
CY2021 | us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
47875 | usd |
HMBL |
Digital Currency Expenses
DigitalCurrencyExpenses
|
131489 | usd | |
us-gaap |
Proceeds From Commissions Received
ProceedsFromCommissionsReceived
|
1410 | usd | |
us-gaap |
Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
|
953665 | usd | |
us-gaap |
Gain Loss On Disposition Of Intangible Assets
GainLossOnDispositionOfIntangibleAssets
|
95794 | usd | |
HMBL |
Finitelived Intangible Assets Contribution
FinitelivedIntangibleAssetsContribution
|
500000 | usd | |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2695 | usd |
HMBL |
Finitelived Intangible Assets Contribution
FinitelivedIntangibleAssetsContribution
|
500000 | usd | |
us-gaap |
Finitelived Intangible Assets Acquired1
FinitelivedIntangibleAssetsAcquired1
|
983890 | usd | |
HMBL |
Finitelived Intangible Assets Acquired For Digital Asset
FinitelivedIntangibleAssetsAcquiredForDigitalAsset
|
1760647 | usd | |
HMBL |
Finite Lived Intangible Assets Purchase
FiniteLivedIntangibleAssetsPurchase
|
-1760647 | usd | |
HMBL |
Finite Lived Intangible Assets Commissions
FiniteLivedIntangibleAssetsCommissions
|
1410 | usd | |
HMBL |
Finite Lived Intangible Assets Contract Labor
FiniteLivedIntangibleAssetsContractLabor
|
-16655 | usd | |
HMBL |
Finite Lived Intangible Assets Exchange Fees
FiniteLivedIntangibleAssetsExchangeFees
|
-105 | usd | |
HMBL |
Finite Lived Intangible Assets Advertising Expenses
FiniteLivedIntangibleAssetsAdvertisingExpenses
|
-105079 | usd | |
HMBL |
Finite Lived Intangible Assets Conferences
FiniteLivedIntangibleAssetsConferences
|
-9650 | usd | |
us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
-953665 | usd | |
us-gaap |
Finite Lived Intangible Assets Period Increase Decrease
FiniteLivedIntangibleAssetsPeriodIncreaseDecrease
|
95794 | usd | |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
498635 | usd |
CY2022Q2 | HMBL |
Asset And Liability Related To Digital Assets Held
AssetAndLiabilityRelatedToDigitalAssetsHeld
|
1572898 | usd |
CY2022Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
7110 | usd |
CY2022Q1 | us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
350 | usd |
CY2022Q2 | HMBL |
Notes Payables To Bank Current
NotesPayablesToBankCurrent
|
4240 | usd |
CY2022Q2 | HMBL |
Notes Payables To Bank Noncurrent
NotesPayablesToBankNoncurrent
|
8835 | usd |
CY2022Q2 | us-gaap |
Notes Payable
NotesPayable
|
650000 | usd |
CY2021Q4 | us-gaap |
Notes Payable
NotesPayable
|
650000 | usd |
CY2022Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
502309 | usd |
CY2021Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
501828 | usd |
CY2022Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
147691 | usd |
CY2021Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
148172 | usd |
CY2022Q2 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
15507729 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
|
10986250 | usd |
CY2022Q2 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
11007729 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
10986250 | usd |
CY2022Q2 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
4500000 | usd |
CY2022Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
7500000 | usd |
CY2021Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
7500000 | usd |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
7450000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1541774389 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1541774389 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
1023039433 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
1023039433 | shares |
CY2021Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000000 | shares |
CY2021Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
7450000000 | shares |
CY2022Q1 | HMBL |
Stock Issued During Period Shares Issued In Settlement
StockIssuedDuringPeriodSharesIssuedInSettlement
|
4000000 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
37374170 | shares |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
220640000 | shares |
CY2022Q2 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
224510000 | shares |
CY2020Q4 | us-gaap |
Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
|
P1Y | |
CY2020Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
1.00 | |
HMBL |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsVestedNumberOfShares
|
261500000 | shares | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
630000 | shares |
CY2021Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P10Y | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.70 | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
8660000 | shares |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P10Y | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.0983 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
630000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.70 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
8660000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.0983 | ||
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
630000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.70 | |
CY2022Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1356874 | usd |
CY2022Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
387048 | usd |
CY2022Q2 | HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-7943410 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
29340 | usd |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
9290000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.1391 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
630000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.70 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P9Y10M13D | ||
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P9Y9M25D | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P10Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
1.20 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0274 | pure | |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
0 | usd | |
us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
15200 | usd | |
CY2022Q2 | HMBL |
Adjustments To Additional Paid In Capital Contribution Of Capital Digital Assets
AdjustmentsToAdditionalPaidInCapitalContributionOfCapitalDigitalAssets
|
500000 | usd |
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
3 | integer | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2261995 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1015996 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
1245999 | usd | |
HMBL |
Operating Expenses For Depreciation Depletion And Amortization
OperatingExpensesForDepreciationDepletionAndAmortization
|
16787216 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
2508395 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
2351198 | usd | |
HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-20400810 | usd | |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1114861 | usd |
CY2022Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
495026 | usd |
CY2022Q2 | us-gaap |
Gross Profit
GrossProfit
|
619835 | usd |
CY2022Q2 | HMBL |
Operating Expenses For Depreciation Depletion And Amortization
OperatingExpensesForDepreciationDepletionAndAmortization
|
6819323 | usd |
CY2022Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
3424606 | usd |
CY2022Q2 | HMBL |
Intangible Assets Digital Assets
IntangibleAssetsDigitalAssets
|
646458 | usd |
CY2022Q2 | us-gaap |
Goodwill
Goodwill
|
10512346 | usd |
CY2022Q2 | us-gaap |
Capital
Capital
|
13572 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
277850 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
143865 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
133985 | usd | |
HMBL |
Operating Expenses For Depreciation Depletion And Amortization
OperatingExpensesForDepreciationDepletionAndAmortization
|
6756108 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12141062 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3587922 | usd | |
HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-22351107 | usd | |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
123746 | usd |
CY2021Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
39122 | usd |
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
84624 | usd |
CY2021Q2 | HMBL |
Operating Expenses For Depreciation Depletion And Amortization
OperatingExpensesForDepreciationDepletionAndAmortization
|
5553679 | usd |
CY2021Q2 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
12141062 | usd |
CY2021Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
3562097 | usd |
CY2021Q2 | HMBL |
Loss From Continuing Operations Before Discontinued Operations And Provision For Income Taxes
LossFromContinuingOperationsBeforeDiscontinuedOperationsAndProvisionForIncomeTaxes
|
-21172214 | usd |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
364545 | usd |
CY2021Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
78005 | usd |
CY2021Q2 | us-gaap |
Goodwill
Goodwill
|
16484593 | usd |
CY2021Q2 | us-gaap |
Capital
Capital
|
364545 | usd |