2024 Q3 Form 10-Q Financial Statement

#000149315224026653 Filed on July 09, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q1 2023 Q1
Revenue $1.303M $5.089M $240.9K
YoY Change 263.91% 2012.18%
Cost Of Revenue $390.8K $183.6K $3.000K
YoY Change 31.72% 6019.6%
Gross Profit $912.5K $4.905M $237.9K
YoY Change 1384.94% 1961.65%
Gross Profit Margin 70.01% 96.39% 98.75%
Selling, General & Admin $635.7K $462.7K $870.3K
YoY Change -37.62% -46.83% -36.21%
% of Gross Profit 69.67% 9.43% 365.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $51.53K $29.75K
YoY Change 73.21% 127.1%
% of Gross Profit 1.05% 12.5%
Operating Expenses $635.7K $652.1K $870.3K
YoY Change -37.62% -25.07% -36.21%
Operating Profit $276.8K $4.253M -$632.3K
YoY Change -128.9% -772.62% -53.65%
Interest Expense $580.3K -$981.2K
YoY Change -159.14% 574.52%
% of Operating Profit 13.64%
Other Income/Expense, Net -$528.4K -$603.1K $0.00
YoY Change -90.18%
Pretax Income $3.650M -$1.909M
YoY Change -291.25% 27.86%
Income Tax
% Of Pretax Income
Net Earnings -$251.6K $3.650M -$27.26M
YoY Change -96.03% -113.39% 1726.43%
Net Earnings / Revenue -19.31% 71.73% -11315.96%
Basic Earnings Per Share -$0.01 $0.05 -$0.45
Diluted Earnings Per Share -$0.01 $0.05 -$0.45
COMMON SHARES
Basic Shares Outstanding 86.76M shares 79.31M shares 60.16M shares
Diluted Shares Outstanding 90.34M shares 79.31M shares 60.16M shares

Balance Sheet

Concept 2024 Q3 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $136.9K $199.4K
YoY Change -31.36% 3.16%
Cash & Equivalents $3.339K $136.9K $199.4K
Short-Term Investments
Other Short-Term Assets $16.82K $8.840K
YoY Change 90.27% -96.05%
Inventory
Prepaid Expenses
Receivables $1.297M $1.506M $1.673M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.326M $1.659M $1.882M
YoY Change -26.0% -11.81% 156.75%
LONG-TERM ASSETS
Property, Plant & Equipment $1.830M $1.802M $3.232M
YoY Change 0.84% -44.24% 56.13%
Goodwill $11.12M $11.12M
YoY Change -50.28%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $440.0K $55.77K $47.64K
YoY Change 773.41% 17.06% -92.64%
Total Long-Term Assets $29.17M $28.76M $3.279M
YoY Change 14.66% 776.85% -38.05%
TOTAL ASSETS
Total Short-Term Assets $1.326M $1.659M $1.882M
Total Long-Term Assets $29.17M $28.76M $3.279M
Total Assets $30.49M $30.41M $5.161M
YoY Change 11.98% 489.33% -14.36%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.293M $1.687M
YoY Change 35.93% 20.9%
Accrued Expenses $1.264M $708.2K
YoY Change 78.49%
Deferred Revenue $142.9K $143.4K
YoY Change 53.06%
Short-Term Debt $500.0K $651.8K $17.68M
YoY Change -94.76% -96.31% 1834.18%
Long-Term Debt Due $2.745M $1.890M
YoY Change 45.24% -5.82%
Total Short-Term Liabilities $15.14M $15.38M $32.57M
YoY Change -55.75% -52.78% 628.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $15.14M $15.38M $32.57M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $15.14M $15.38M $32.57M
YoY Change -55.75% -52.78% 628.75%
SHAREHOLDERS EQUITY
Retained Earnings -$23.70M -$23.50M
YoY Change -29.67%
Common Stock $89.01K $85.06K
YoY Change 18.05%
Preferred Stock
YoY Change
Treasury Stock (at cost) $300.0K $300.0K
YoY Change 0.0%
Treasury Stock Shares
Shareholders Equity $14.75M $14.43M -$27.41M
YoY Change
Total Liabilities & Shareholders Equity $30.49M $30.41M $5.161M
YoY Change 11.98% 489.33% -14.36%

Cashflow Statement

Concept 2024 Q3 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$251.6K $3.650M -$27.26M
YoY Change -96.03% -113.39% 1726.43%
Depreciation, Depletion And Amortization $51.53K $29.75K
YoY Change 73.21% 127.1%
Cash From Operating Activities $191.7K $36.98K
YoY Change 418.36% -110.72%
INVESTING ACTIVITIES
Capital Expenditures $259.9K $395.0K
YoY Change -34.21% -462.36%
Acquisitions
YoY Change
Other Investing Activities $321.9K
YoY Change
Cash From Investing Activities -$259.9K -$73.05K
YoY Change 255.74% -32.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $64.79K 186.1K
YoY Change -65.18% -68.49%
NET CHANGE
Cash From Operating Activities $191.7K 36.98K
Cash From Investing Activities -$259.9K -73.05K
Cash From Financing Activities $64.79K 186.1K
Net Change In Cash -$3.392K 150.0K
YoY Change -102.26% 9.75%
FREE CASH FLOW
Cash From Operating Activities $191.7K $36.98K
Capital Expenditures $259.9K $395.0K
Free Cash Flow -$68.18K -$358.0K
YoY Change -80.95% 51.73%

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CY2024Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2023Q1 us-gaap Increase Decrease In Contract With Customer Liability
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CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q1 us-gaap Cash Acquired From Acquisition
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CY2024Q1 us-gaap Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
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CY2023Q1 us-gaap Payments To Acquire Land Held For Use
PaymentsToAcquireLandHeldForUse
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CY2023Q1 us-gaap Payments To Acquire Productive Assets
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CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2024Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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CY2023Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
100850 usd
CY2024Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5000 usd
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
63058 usd
CY2024Q1 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
32003 usd
CY2023Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
100000 usd
CY2024Q1 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
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CY2023Q1 us-gaap Proceeds From Other Short Term Debt
ProceedsFromOtherShortTermDebt
23776 usd
CY2024Q1 us-gaap Proceeds From Notes Payable
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75000 usd
CY2023Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
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186088 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2024Q1 us-gaap Interest Paid Net
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CY2023Q1 us-gaap Interest Paid Net
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CY2023Q1 ILAL Dividend On Series B
DividendOnSeriesB
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CY2024Q1 us-gaap Debt Conversion Converted Instrument Amount1
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CY2024Q1 ILAL Series A Shares Issued For Conversion Of Related Party Notes Payable
SeriesASharesIssuedForConversionOfRelatedPartyNotesPayable
9456250 usd
CY2023Q1 ILAL Debt Discount From Issuance Of New Promissory Notes
DebtDiscountFromIssuanceOfNewPromissoryNotes
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CY2024Q1 ILAL Common Shares Issued For Services
CommonSharesIssuedForServices
213931 usd
CY2023Q1 ILAL Common Shares Issued For Services
CommonSharesIssuedForServices
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CY2024Q1 ILAL Working Capital
WorkingCapital
13700000 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
3650000 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2024Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84B_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zVk0mIr2Eelc" 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"><i><span id="xdx_866_zg15vbe8G5Be">Reclassification</span></i></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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain numbers from 2023 have been reclassified to conform with the current year presentation.</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>
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84C_eus-gaap--UseOfEstimates_z7nsX3o8RRh9" 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"><i><span id="xdx_86E_znKF5b2Tiqx">Use of Estimates</span></i></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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management regularly evaluates estimates and assumptions related to the valuation of assets and liabilities. Management bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from management’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Significant estimates include:</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> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Liability for legal contingencies.</span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Useful life of buildings.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assumptions used in valuing equity instruments.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Deferred income taxes and related valuation allowances.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Going concern.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Assessment of long-lived assets for impairment.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant influence or control over the Company’s investee.</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="font: 10pt Times New Roman, Times, Serif"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">■</span></td> <td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue recognition.</span></td></tr> </table> <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>
CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
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CY2024Q1 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
804672 usd
CY2023Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
781924 usd
CY2024Q1 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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CY2024Q1 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
804672 usd
CY2024Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
5088874 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
240932 usd
CY2024Q1 us-gaap Advertising Expense
AdvertisingExpense
167589 usd
CY2023Q1 us-gaap Advertising Expense
AdvertisingExpense
260084 usd
CY2024Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
44107500 shares
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
42867500 shares
CY2024Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_z0nPzD7fAVBc" 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"><i><span id="xdx_865_z75O82SSPu7j">Concentration of Credit Risk</span></i></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 Company maintains its cash in bank and financial institution deposits that at times may exceed federally insured limits. The Company has not experienced any losses in such accounts through March 31, 2024.</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>
CY2023Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
0 usd
CY2024Q1 ILAL Unpaid Amount Owed
UnpaidAmountOwed
58560 usd
CY2023Q4 ILAL Unpaid Amount Owed
UnpaidAmountOwed
58560 usd
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
824127 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
772596 usd
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1802161 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1818825 usd
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
51531 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29748 usd
CY2024Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
1500000 usd
CY2024Q1 us-gaap Contract With Customer Refund Liability
ContractWithCustomerRefundLiability
500000 usd
CY2024Q1 ILAL Notes Payable Gross
NotesPayableGross
2744762 usd
CY2023Q4 ILAL Notes Payable Gross
NotesPayableGross
2674762 usd
CY2024Q1 us-gaap Notes Payable
NotesPayable
2744762 usd
CY2023Q4 us-gaap Notes Payable
NotesPayable
2674762 usd
CY2024Q1 us-gaap Notes Payable Current
NotesPayableCurrent
2744762 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
2674762 usd
CY2024Q1 us-gaap Short Term Borrowings
ShortTermBorrowings
651811 usd
CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
9585111 usd
CY2024Q1 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
31737 usd
CY2023Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
33034 usd
CY2024Q1 us-gaap Convertible Debt
ConvertibleDebt
620074 usd
CY2023Q4 us-gaap Convertible Debt
ConvertibleDebt
9552077 usd
CY2024Q1 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
620074 usd
CY2023Q4 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
9552077 usd
CY2023Q1 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
2680000 usd
CY2022Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
0 usd
CY2023 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1090617 usd
CY2022 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
1516622 usd
CY2023 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-1110022 usd
CY2022 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-926798 usd
CY2024Q1 ILAL Net Budget
NetBudget
1556000 usd
CY2023Q4 ILAL Net Budget
NetBudget
1556000 usd
CY2024Q1 ILAL Net Budget Inclusive Of Lots Construction
NetBudgetInclusiveOfLotsConstruction
995747 usd
CY2023Q4 ILAL Net Budget Inclusive Of Lots Construction
NetBudgetInclusiveOfLotsConstruction
995747 usd
CY2024Q1 us-gaap Other Commitment
OtherCommitment
560250 usd
CY2023Q4 us-gaap Other Commitment
OtherCommitment
560250 usd
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
150000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
2010000 shares
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
85064195 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
82064195 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
79658165 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
76658165 shares
CY2022Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
293500 usd
CY2021Q4 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
293500 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
38107500 shares
CY2023Q4 ILAL Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
0.16
CY2023 ILAL Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Beginning
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermBeginning
P4Y2M1D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
38107500 shares
CY2024Q1 ILAL Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
0.16
CY2024Q1 ILAL Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Ending
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermEnding
P3Y8M1D
CY2024Q1 ILAL Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
38107500 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6000000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.34
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y1M20D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
6000000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.34
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P2Y7M20D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
6000000 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
0 usd
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
0 usd

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