2024 Q2 Form 10-Q Financial Statement
#000149315224024329 Filed on June 18, 2024
Income Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q2 |
|---|---|---|---|
| Revenue | $7.500M | $1.733M | $2.206M |
| YoY Change | 239.99% | 7.91% | 3.27% |
| Cost Of Revenue | $855.3K | $983.1K | $792.0K |
| YoY Change | 7.99% | 32.63% | 3.26% |
| Gross Profit | $1.439M | $749.7K | $1.414M |
| YoY Change | 1.75% | -13.29% | 3.28% |
| Gross Profit Margin | 19.18% | 43.27% | 64.1% |
| Selling, General & Admin | $1.080M | $1.159M | $1.053M |
| YoY Change | 2.59% | 13.33% | 0.64% |
| % of Gross Profit | 75.09% | 154.54% | 74.48% |
| Research & Development | |||
| YoY Change | |||
| % of Gross Profit | |||
| Depreciation & Amortization | $173.0K | $177.1K | $168.2K |
| YoY Change | 2.89% | 2.68% | -2.05% |
| % of Gross Profit | 12.03% | 23.62% | 11.89% |
| Operating Expenses | $2.116M | $1.341M | $2.020M |
| YoY Change | 4.75% | 13.84% | 65.01% |
| Operating Profit | $178.4K | -$591.2K | $186.3K |
| YoY Change | -4.21% | 88.71% | 28.35% |
| Interest Expense | $117.6K | -$108.0K | $90.03K |
| YoY Change | 30.63% | -13.32% | -175.12% |
| % of Operating Profit | 65.91% | 48.33% | |
| Other Income/Expense, Net | $25.78K | $13.73K | $18.41K |
| YoY Change | 40.06% | 1574.39% | 16632.73% |
| Pretax Income | $86.60K | -$685.4K | $114.7K |
| YoY Change | -24.47% | 56.84% | 351.39% |
| Income Tax | $0.00 | -$350.9K | -$350.8K |
| % Of Pretax Income | 0.0% | -305.96% | |
| Net Earnings | -$148.6K | -$93.01K | $236.6K |
| YoY Change | -162.78% | -161.21% | 25.78% |
| Net Earnings / Revenue | -1.98% | -5.37% | 10.73% |
| Basic Earnings Per Share | -$0.02 | $0.03 | |
| Diluted Earnings Per Share | -$0.02 | -$0.01 | $0.03 |
| COMMON SHARES | |||
| Basic Shares Outstanding | 9.024M shares | 9.179M shares | |
| Diluted Shares Outstanding | 8.703M shares | 9.011M shares |
Balance Sheet
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q2 |
|---|---|---|---|
| SHORT-TERM ASSETS | |||
| Cash & Short-Term Investments | $437.3K | $1.325M | $1.704M |
| YoY Change | -74.34% | -37.23% | -55.77% |
| Cash & Equivalents | $437.3K | $1.325M | $1.704M |
| Short-Term Investments | |||
| Other Short-Term Assets | $773.1K | $310.9K | $315.6K |
| YoY Change | 144.98% | 55.11% | 195.21% |
| Inventory | |||
| Prepaid Expenses | |||
| Receivables | $134.1K | $112.0K | $62.96K |
| Other Receivables | $1.234M | $1.234M | $2.105M |
| Total Short-Term Assets | $2.578M | $2.982M | $4.188M |
| YoY Change | -38.43% | -28.45% | -13.26% |
| LONG-TERM ASSETS | |||
| Property, Plant & Equipment | $7.029M | $9.140M | $7.150M |
| YoY Change | -1.69% | 26.78% | -24.84% |
| Goodwill | |||
| YoY Change | |||
| Intangibles | |||
| YoY Change | |||
| Long-Term Investments | $1.669M | $1.634M | $1.604M |
| YoY Change | 4.05% | 2.83% | 15.9% |
| Other Assets | |||
| YoY Change | |||
| Total Long-Term Assets | $12.71M | $12.70M | $12.82M |
| YoY Change | -0.88% | -1.2% | -0.02% |
| TOTAL ASSETS | |||
| Total Short-Term Assets | $2.578M | $2.982M | $4.188M |
| Total Long-Term Assets | $12.71M | $12.70M | $12.82M |
| Total Assets | $15.28M | $15.68M | $17.01M |
| YoY Change | -10.13% | -7.87% | -3.64% |
| SHORT-TERM LIABILITIES | |||
| YoY Change | |||
| Accounts Payable | $816.0K | $1.050M | $803.5K |
| YoY Change | 1.57% | 1131.87% | 0.51% |
| Accrued Expenses | $25.85K | $6.270K | $24.61K |
| YoY Change | 5.04% | -47.79% | 1237.5% |
| Deferred Revenue | $1.500K | ||
| YoY Change | -23.59% | ||
| Short-Term Debt | $0.00 | $0.00 | $0.00 |
| YoY Change | |||
| Long-Term Debt Due | $700.9K | $700.9K | $706.5K |
| YoY Change | -0.79% | -13.34% | -14.81% |
| Total Short-Term Liabilities | $1.543M | $1.757M | $1.535M |
| YoY Change | 0.54% | -3.0% | -5.89% |
| LONG-TERM LIABILITIES | |||
| Long-Term Debt | $8.955M | $9.020M | $9.207M |
| YoY Change | -2.74% | -2.59% | -2.4% |
| Other Long-Term Liabilities | $2.223M | $2.249M | $2.247M |
| YoY Change | -1.06% | -0.82% | -1.13% |
| Total Long-Term Liabilities | $11.18M | $11.27M | $11.45M |
| YoY Change | -2.41% | -2.24% | -2.15% |
| TOTAL LIABILITIES | |||
| Total Short-Term Liabilities | $1.543M | $1.757M | $1.535M |
| Total Long-Term Liabilities | $11.18M | $11.27M | $11.45M |
| Total Liabilities | $12.72M | $9.514M | $12.99M |
| YoY Change | -2.06% | -28.67% | 17.73% |
| SHAREHOLDERS EQUITY | |||
| Retained Earnings | |||
| YoY Change | |||
| Common Stock | $6.891M | $7.039M | $7.249M |
| YoY Change | -4.94% | 0.67% | |
| Preferred Stock | |||
| YoY Change | |||
| Treasury Stock (at cost) | $897.7K | $872.2K | $417.1K |
| YoY Change | 115.23% | 109.12% | |
| Treasury Stock Shares | |||
| Shareholders Equity | $5.993M | $6.167M | $6.831M |
| YoY Change | |||
| Total Liabilities & Shareholders Equity | $15.28M | $15.68M | $17.01M |
| YoY Change | -10.13% | -7.87% | -3.64% |
Cashflow Statement
| Concept | 2024 Q2 | 2024 Q1 | 2023 Q2 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Net Income | -$148.6K | -$93.01K | $236.6K |
| YoY Change | -162.78% | -161.21% | 25.78% |
| Depreciation, Depletion And Amortization | $173.0K | $177.1K | $168.2K |
| YoY Change | 2.89% | 2.68% | -2.05% |
| Cash From Operating Activities | -$459.4K | -$79.33K | $37.04K |
| YoY Change | -1340.46% | 29.54% | -59.94% |
| INVESTING ACTIVITIES | |||
| Capital Expenditures | $150.8K | $160.8K | $108.3K |
| YoY Change | 39.28% | 7.32% | -315.16% |
| Acquisitions | |||
| YoY Change | |||
| Other Investing Activities | -$35.00K | -$15.00K | -$15.00K |
| YoY Change | 133.33% | -91.43% | -86.36% |
| Cash From Investing Activities | -$185.8K | -$175.8K | -$123.3K |
| YoY Change | 50.72% | -45.88% | -23.1% |
| FINANCING ACTIVITIES | |||
| Cash Dividend Paid | |||
| YoY Change | |||
| Common Stock Issuance & Retirement, Net | -$55.98K | ||
| YoY Change | |||
| Debt Paid & Issued, Net | |||
| YoY Change | |||
| Cash From Financing Activities | -$242.8K | -324.2K | -$320.8K |
| YoY Change | -24.33% | -7.25% | -111.9% |
| NET CHANGE | |||
| Cash From Operating Activities | -$459.4K | -79.33K | $37.04K |
| Cash From Investing Activities | -$185.8K | -175.8K | -$123.3K |
| Cash From Financing Activities | -$242.8K | -324.2K | -$320.8K |
| Net Change In Cash | -$888.0K | -579.3K | -$407.1K |
| YoY Change | 118.14% | -21.25% | -115.48% |
| FREE CASH FLOW | |||
| Cash From Operating Activities | -$459.4K | -$79.33K | $37.04K |
| Capital Expenditures | $150.8K | $160.8K | $108.3K |
| Free Cash Flow | -$610.2K | -$240.1K | -$71.25K |
| YoY Change | 756.44% | 13.76% | -149.9% |
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| CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
2111383 | usd |
| CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
437343 | usd |
| CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1704285 | usd |
| CY2024Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zNVj0tKAexf1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zBfeQf9pXLMb">USE OF ESTIMATES</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the audited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Trust’s operations are affected by numerous factors, including the economy, inflation, virus/pandemic, competition in the hotel industry and the effect of the economy on the travel and hospitality industries. The Trust cannot predict if any of the above items will have a significant impact in the future, nor can it predict what impact, if any, the occurrence of these or other events might have on the Trust’s operations and cash flows. Significant estimates and assumptions made by management include, but are not limited to, the estimated useful lives of long-lived assets and recoverability of long-lived assets and the fair values of the long-lived assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
| CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
| CY2024Q1 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
| CY2024Q2 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
3174041 | shares |
| CY2024Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3185793 | shares |
| CY2023Q2 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
3185793 | shares |
| CY2024Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
79000 | usd |
| CY2023Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
82000 | usd |
| CY2024Q2 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_848_eus-gaap--ConcentrationRiskCreditRisk_zVtgUPS7Gb0e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_864_zhtgHz54Jbj4">CONCENTRATION OF CREDIT RISK</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Credit risk is the risk of an unexpected loss if a third party to a financial instrument fails to meet its contractual obligations. Financial instruments that potentially subject the Trust to a concentration of credit risk consist primarily of cash and cash equivalents. Management’s assessment of the Trust’s credit risk for cash and cash equivalents is low as cash and cash equivalents are held in financial institutions believed to be credit worthy. The Trust limits its exposure to credit loss by placing its cash with various major financial institutions and invests only in short-term obligations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">While the Trust is exposed to credit losses due to the non-performance of its counterparties, the Trust considers the risk of this remote. The Trust estimates its maximum credit risk for accounts receivable at the amount recorded on the balance sheet.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
| CY2024 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
45000 | usd |
| CY2024 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
45000 | shares |
| CY2024Q2 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
35000 | usd |
| CY2024Q2 | us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
35000 | shares |
| CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
263125 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
274685 | usd |
| CY2024Q2 | IHT |
Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
|
7963082 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
9655916 | usd |
| CY2024Q2 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1192000 | usd |
| CY2024Q1 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
1204000 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
646119 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
247906 | usd |
| CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
260999 | usd |
| CY2024Q2 | IHT |
Shares Repurchase Price Per Share
SharesRepurchasePricePerShare
|
1.38 | |
| CY2023Q2 | IHT |
Shares Repurchase Price Per Share
SharesRepurchasePricePerShare
|
0 | |
| CY2024Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
117000 | usd |
| CY2023Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
88000 | usd |
| CY2024Q2 | IHT |
Notes Payables Shares Of Beneficial Interest And Partnership Units Repurchases
NotesPayablesSharesOfBeneficialInterestAndPartnershipUnitsRepurchases
|
0 | usd |
| CY2023Q2 | IHT |
Notes Payables Shares Of Beneficial Interest And Partnership Units Repurchases
NotesPayablesSharesOfBeneficialInterestAndPartnershipUnitsRepurchases
|
0 | usd |
| CY2024Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
| CY2023Q2 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
| CY2024Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
| CY2024Q1 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
| CY2024Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
51000 | usd |
| CY2023Q2 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
48000 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
36309 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
1150 | usd |
| CY2024Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
2249072 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2223225 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P32Y | |
| CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0485 | pure |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
100766 | usd |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
134367 | usd |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
134379 | usd |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
134391 | usd |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
134403 | usd |
| CY2024Q2 | IHT |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
3992855 | usd |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
4631161 | usd |
| CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2382089 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
2249072 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
25847 | usd |
| CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
2223225 | usd |
| CY2023Q2 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Gross
StockIssuedDuringPeriodSharesRestrictedStockAwardGross
|
46000 | shares |
| CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
55200 | usd |
| CY2024Q2 | IHT |
Employee Retention Tax Credit Amount Received
EmployeeRetentionTaxCreditAmountReceived
|
1500000 | usd |
| CY2024Q1 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.02 | |
| CY2024Q2 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.01 | |
| CY2023Q2 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.01 | |
| CY2023Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.01 | |
| CY2023Q3 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.01 | |
| CY2024Q1 | us-gaap |
Dividends Payable Amount Per Share
DividendsPayableAmountPerShare
|
0.01 | |
| CY2024Q2 | IHT |
Notes And Loans Receivable Net In Year Three
NotesAndLoansReceivableNetInYearThree
|
1925000 | usd |
| CY2024Q2 | IHT |
Notes Receivable Net Excluding Impairment
NotesReceivableNetExcludingImpairment
|
1925000 | usd |
| CY2024Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
5200000 | usd |
| CY2024Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2100000 | usd |
| CY2024Q2 | IHT |
Syndications
Syndications
|
2900000 | usd |
| CY2024Q1 | us-gaap |
Deferred Tax Liabilities
DeferredTaxLiabilities
|
1800000 | usd |
| CY2024Q2 | us-gaap |
Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
|
3300000 | usd |
| CY2024Q2 | us-gaap |
Compensation And Benefits Trust
CompensationAndBenefitsTrust
|
2700000 | usd |
| CY2024Q2 | us-gaap |
Income Tax Examination Description
IncomeTaxExaminationDescription
|
the Trust conservatively placed an amount equal to approximately 12% of this total as a Tax Credit Receivable and Tax Refund on the Balance Sheet and Income statement, respectively, for the year ended January 31, 2024 | |
| CY2024Q1 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
12190 | shares |
| CY2024Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
18216 | usd |
| CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
203880 | usd |
| CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.02 | |
| CY2024Q2 | us-gaap |
Revenues
Revenues
|
7500000 | usd |
| CY2024 | IHT |
Increase In Revenues Percentage
IncreaseInRevenuesPercentage
|
0.05 | pure |
| CY2024 | us-gaap |
Revenues
Revenues
|
7100000 | usd |
| CY2024 | IHT |
Non Cash Depreciation Expenses
NonCashDepreciationExpenses
|
956333 | usd |
| us-gaap |
Revenues
Revenues
|
2900000 | usd |
