2022 Q3 Form 10-Q Financial Statement

#000149315222022182 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $600.8K $774.0K $715.1K
YoY Change 23.99% 51.76% 74.41%
Cost Of Revenue $643.9K $857.7K $714.1K
YoY Change -1.53% 107.44% 70.02%
Gross Profit -$43.11K -$83.65K $980.00
YoY Change -74.54% -186.61% -109.8%
Gross Profit Margin -7.18% -10.81% 0.14%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $84.29K $129.0K $129.5K
YoY Change -6.07% 35.91% 223.62%
% of Gross Profit 13209.18%
Operating Expenses $2.063M $2.547M $3.196M
YoY Change -38.19% -19.56% -47.68%
Operating Profit -$2.106M -$2.630M -$3.195M
YoY Change -39.95% -14.3% -47.79%
Interest Expense -$900.00 $2.023K -$3.560K
YoY Change -86.99% -43.85% -64.4%
% of Operating Profit
Other Income/Expense, Net -$354.1K $310.00 -$24.65K
YoY Change -3609.22% -94.76% -161.63%
Pretax Income -$3.136M -$2.634M -$3.224M
YoY Change -10.49% -14.12% -47.07%
Income Tax
% Of Pretax Income
Net Earnings -$3.136M -$2.634M -$3.224M
YoY Change -10.49% -14.12% -47.03%
Net Earnings / Revenue -521.94% -340.29% -450.82%
Basic Earnings Per Share -$0.14 -$6.17
Diluted Earnings Per Share -$4.980M -$136.2K -$176.2K
COMMON SHARES
Basic Shares Outstanding 23.67M shares 19.33M shares 522.9K shares
Diluted Shares Outstanding 552.4K shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.315M $7.523M $8.212M
YoY Change -23.12% -40.78% -45.4%
Cash & Equivalents $8.315M $7.523M $8.212M
Short-Term Investments
Other Short-Term Assets $547.8K $1.174M $1.012M
YoY Change 17.98% 265.09% 678.8%
Inventory $948.0K $682.6K $631.3K
Prepaid Expenses
Receivables $345.3K $574.0K $646.9K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $10.16M $9.954M $10.50M
YoY Change -18.27% -27.74% -32.98%
LONG-TERM ASSETS
Property, Plant & Equipment $525.1K $612.3K $1.523M
YoY Change -22.1% -51.29% 8.79%
Goodwill $531.4K
YoY Change
Intangibles $140.0K $303.6K
YoY Change
Long-Term Investments $169.6K $171.2K $173.1K
YoY Change -3.31% -4.48% -3.82%
Other Assets $77.96K $86.75K $105.4K
YoY Change -2.33% 5.89% 31.69%
Total Long-Term Assets $1.555M $2.437M $2.656M
YoY Change 18.2% 60.49% 60.02%
TOTAL ASSETS
Total Short-Term Assets $10.16M $9.954M $10.50M
Total Long-Term Assets $1.555M $2.437M $2.656M
Total Assets $11.71M $12.39M $13.16M
YoY Change -14.78% -18.98% -24.07%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $113.7K $456.5K $839.1K
YoY Change -66.83% 461.33% 1997.8%
Accrued Expenses $706.5K $492.4K $526.9K
YoY Change 157.84% 34.97% -43.34%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $32.47K $38.50K $49.18K
YoY Change -54.56% -54.64% -38.53%
Total Short-Term Liabilities $1.600M $1.530M $2.050M
YoY Change 38.69% 73.62% 44.38%
LONG-TERM LIABILITIES
Long-Term Debt $34.37K $36.45K $45.61K
YoY Change -45.67% -49.16% -49.32%
Other Long-Term Liabilities $66.48K $80.82K $593.0K
YoY Change 1.04% -75.21% 79.71%
Total Long-Term Liabilities $368.6K $683.1K $638.7K
YoY Change -2.15% 71.75% 52.06%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.600M $1.530M $2.050M
Total Long-Term Liabilities $368.6K $683.1K $638.7K
Total Liabilities $1.969M $2.213M $2.689M
YoY Change 28.64% 73.04% 46.13%
SHAREHOLDERS EQUITY
Retained Earnings -$64.62M -$61.49M
YoY Change 22.33%
Common Stock $74.28M $71.49M
YoY Change 14.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.743M $10.18M $10.47M
YoY Change
Total Liabilities & Shareholders Equity $11.71M $12.39M $13.16M
YoY Change -14.78% -18.98% -24.07%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$3.136M -$2.634M -$3.224M
YoY Change -10.49% -14.12% -47.03%
Depreciation, Depletion And Amortization $84.29K $129.0K $129.5K
YoY Change -6.07% 35.91% 223.62%
Cash From Operating Activities -$1.785M -$1.523M -$2.574M
YoY Change -6.19% -33.32% 111.01%
INVESTING ACTIVITIES
Capital Expenditures $22.75K -$48.83K -$162.7K
YoY Change -12.8% 127.65% 171.13%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$39.24K -$373.8K
YoY Change
Cash From Investing Activities $22.76K -$88.07K -$536.5K
YoY Change -12.76% 310.58% 794.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.650M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 2.648M 967.9K 362.5K
YoY Change -12215.0% -6195.28% -96.7%
NET CHANGE
Cash From Operating Activities -1.785M -1.523M -2.574M
Cash From Investing Activities 22.76K -88.07K -536.5K
Cash From Financing Activities 2.648M 967.9K 362.5K
Net Change In Cash 886.3K -643.4K -2.748M
YoY Change -146.69% -72.29% -128.3%
FREE CASH FLOW
Cash From Operating Activities -$1.785M -$1.523M -$2.574M
Capital Expenditures $22.75K -$48.83K -$162.7K
Free Cash Flow -$1.808M -$1.474M -$2.412M
YoY Change -6.28% -34.85% 107.9%

Facts In Submission

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ComprehensiveIncomeNetOfTax
-15051096 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
12212447 usd
CY2021Q4 NUZE Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
1721018 usd
CY2021Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1124187 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
32688 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2374 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-19604 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2374 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-2804203 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
12286137 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
18422 usd
CY2022Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
88426 usd
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
386844 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
935447 usd
CY2022Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12600 usd
CY2022Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
9590 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7095 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-3223697 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
10469830 usd
CY2022Q2 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
6830 usd
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1649736 usd
CY2022Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
40000 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
627895 usd
CY2022Q2 NUZE Adjustment To Additional Paid In Capital Amortization Of Restricted Stock Award Issued
AdjustmentToAdditionalPaidInCapitalAmortizationOfRestrictedStockAwardIssued
62326 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-45197 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2633892 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
10177528 usd
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
6389758 usd
CY2020Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2683980 usd
CY2020Q4 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
4507298 usd
CY2020Q4 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
9180 usd
CY2020Q4 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1656 usd
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-5896072 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
7695800 usd
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11017304 usd
CY2021Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
871000 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1989006 usd
CY2021Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3824 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-6085608 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
15491326 usd
CY2021Q2 NUZE Adjustment To Additional Paid In Capital Amortization Of Restricted Stock Award Issued
AdjustmentToAdditionalPaidInCapitalAmortizationOfRestrictedStockAwardIssued
91036 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
1506613 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7854 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-3067042 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
14014079 usd
us-gaap Net Income Loss
NetIncomeLoss
-8661792 usd
us-gaap Net Income Loss
NetIncomeLoss
-15048722 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
295178 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
254929 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
213539 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
215397 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2687529 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
8002917 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
71916 usd
us-gaap Restricted Stock Expense
RestrictedStockExpense
962036 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
840391 usd
NUZE Sales Allowance
SalesAllowance
-11563 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12618 usd
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
477605 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-4215 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-4077 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18752 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
112858 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
99452 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
183486 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
49464 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
141018 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
6926 usd
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1362 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
112917 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
31540 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
162495 usd
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
61032 usd
NUZE Increase Decrease In Lease Liability Operating Lease
IncreaseDecreaseInLeaseLiabilityOperatingLease
-210194 usd
NUZE Increase Decrease In Lease Liability Operating Lease
IncreaseDecreaseInLeaseLiabilityOperatingLease
-193118 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-206140 usd
us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-363112 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
15015 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
728 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5677298 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-5204587 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
214524 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
141445 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
413069 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-627593 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-141445 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
12600 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
9180 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
41671 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
40407 usd
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
18094 usd
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
15939 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
95256 usd
NUZE Proceeds From Issuance Of Common Stock Exercise Of Warrants Net Of Issuance Costs
ProceedsFromIssuanceOfCommonStockExerciseOfWarrantsNetOfIssuanceCosts
1702596 usd
NUZE Proceeds From Issuance Of Equity Securities Exempt Offering Net Of Issuance Costs
ProceedsFromIssuanceOfEquitySecuritiesExemptOfferingNetOfIssuanceCosts
1649736 usd
NUZE Proceeds From Issuance Of Equity Securities Net Of Issuance Costs
ProceedsFromIssuanceOfEquitySecuritiesNetOfIssuanceCosts
13701284 usd
NUZE Proceeds From Cash Paid For Offering Costs
ProceedsFromCashPaidForOfferingCosts
-368783 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3031640 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13654118 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-19604 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-2374 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3292855 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
8305712 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
10815954 usd
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4398545 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
7523099 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
12704257 usd
us-gaap Interest Paid Net
InterestPaidNet
7077 usd
us-gaap Interest Paid Net
InterestPaidNet
11278 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
800 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
7044 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
558371 usd
us-gaap Stock Issued1
StockIssued1
426844 usd
NUZE Stock Issuance Cost Accrued
StockIssuanceCostAccrued
273762 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_844_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zAb6NYjRDKsg" 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><i><span id="xdx_86C_z6akdMW5lCr3">Reclassification</span></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"> </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">Certain amounts in the prior period financial statements have been reclassified to conform to the presentation of the current period financial statements. We reclassified lease expenses associated with subleased property from Operating expenses to Other expenses totaling $<span id="xdx_906_ecustom--RecalssificationFromOperatingExpensesToOtherExpenses_pp0p0_c20201001__20210630_zJTKWBkIKW6l" title="Recalssification from operating expenses to other expenses">118,885</span> for the nine months ended June 30, 2021 and $<span id="xdx_907_ecustom--RecalssificationFromOperatingExpensesToOtherExpenses_pp0p0_c20210401__20210630_zzsJ1IoY31Tl" title="Recalssification from operating expenses to other expenses">40,712</span> for the three months ended June 30, 2021. We also reclassified $<span id="xdx_903_ecustom--RecalssificationFromCapitalizedSoftwareCostsToOtherAssets_iI_pp0p0_c20210930_zxVbu1Gn9AH9" title="Recalssification from capitalized software costs to other assets">18,000</span> of capitalized software costs included in Property and Equipment, net at September 30, 2021 to Prepaid expenses and other current assets. These reclassifications had no effect on the previously reported net loss.</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>
NUZE Recalssification From Operating Expenses To Other Expenses
RecalssificationFromOperatingExpensesToOtherExpenses
118885 usd
CY2021Q2 NUZE Recalssification From Operating Expenses To Other Expenses
RecalssificationFromOperatingExpensesToOtherExpenses
40712 usd
CY2021Q3 NUZE Recalssification From Capitalized Software Costs To Other Assets
RecalssificationFromCapitalizedSoftwareCostsToOtherAssets
18000 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9706438 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8289864 shares
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
322280 usd
CY2022Q2 us-gaap Cash
Cash
7523099 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y7M6D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.055 pure
CY2021Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
386587 usd
NUZE Addition For Right Of Use Of Assets
AdditionForRightOfUseOfAssets
558371 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
213539 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
731419 usd
CY2021Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
398587 usd
NUZE Addition For Lease Liability
AdditionForLeaseLiability
558371 usd
NUZE Operating Lease Lease Liability Amortization Expense
OperatingLeaseLeaseLiabilityAmortizationExpense
210194 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
746764 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
180939 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
565825 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
746764 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
292775 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
186759 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
801814 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
55050 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
746764 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
180939 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
565825 usd
CY2022Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y10M24D
CY2022Q2 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.1275 pure
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
6741 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
33113 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
33113 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2759 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
68985 usd
CY2022Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
8679 usd
CY2022Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
60306 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
30610 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
29696 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
216334 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
6741 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
18094 usd
us-gaap Sublease Income
SubleaseIncome
140753 usd
CY2022Q2 NUZE Sub Lease Liability Payments Due Next Twelve Months
SubLeaseLiabilityPaymentsDueNextTwelveMonths
126017 usd
CY2022Q2 NUZE Sublease Liability Payments Due Year Two
SubleaseLiabilityPaymentsDueYearTwo
129835 usd
CY2022Q2 NUZE Minimum Lease Payments To Be Received Sublease
MinimumLeasePaymentsToBeReceivedSublease
255852 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
19604 usd
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
2374 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1174297 usd
CY2021Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
482288 usd
CY2022Q2 us-gaap Deferred Costs
DeferredCosts
1174297 usd
NUZE Proceeds From Cash Paid For Offering Costs
ProceedsFromCashPaidForOfferingCosts
-368783 usd
NUZE Public Offering
PublicOffering
273762 usd
CY2021Q3 us-gaap Deferred Costs
DeferredCosts
482288 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
682580 usd
CY2021Q3 us-gaap Inventory Net
InventoryNet
573464 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
638444 usd
CY2021Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
552621 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
44136 usd
CY2021Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
20843 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
682580 usd
CY2021Q3 us-gaap Inventory Net
InventoryNet
573464 usd
CY2022Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
2.00
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14000 shares
us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
StockIssuedDuringPeriodValueEmployeeStockOwnershipPlan
223500 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-4215 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
-4077 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2508345 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1442083 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
612296 usd
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
674024 usd
CY2022Q2 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
2.00
CY2022Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1649736 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
19833 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26444 usd
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
531412 usd
CY2022Q2 us-gaap Goodwill
Goodwill
531412 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
330000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
26444 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
303556 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
26444 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1702596 usd
CY2022Q2 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
884778 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0238 pure
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P6Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.7053 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.0000 pure
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
2.16
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4511691 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Other
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOther
5332246 shares
NUZE Share Based Compensation Arrangements By Share Based Payment Award Non Options Exercisable In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExercisableInPeriodWeightedAverageExercisePrice
4.52
NUZE Sharebased Compensation Arrangement By Sharebased Payment Award Warrants Outstanding Weighted Average Remaining Contractual Term Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardWarrantsOutstandingWeightedAverageRemainingContractualTermExercisable
P3Y10M24D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.73
NUZE Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term Beginning
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTermBeginning
P8Y4M24D
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
452206 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
100000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.16
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
14000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.90
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
223500 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
13.16
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4374191 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
4.25
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y9M18D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1932379 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
4.92
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
P6Y9M18D
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2870799 shares
CY2021Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
5.02
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
100000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.16
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
54333 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedWeightedAverageGrantDateFairValue
4.43
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
474653 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
5.90
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
2441813 shares
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
4.74
CY2020Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
40250 shares
CY2020Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
9.00
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
4831915 shares
CY2021Q3 NUZE Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price1
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice1
4.98
NUZE Sharebased Compensation Arrangement By Sharebased Payment Award Warrants Outstanding Weighted Average Remaining Contractual Term
SharebasedCompensationArrangementBySharebasedPaymentAwardWarrantsOutstandingWeightedAverageRemainingContractualTerm
P4Y6M
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
884778 shares
NUZE Share Based Compensation Arrangements By Share Based Payment Award Non Options Granted In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsGrantedInPeriodWeightedAverageExercisePrice
2.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
384447 shares
NUZE Share Based Compensation Arrangements By Share Based Payment Award Non Options Exercised In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExercisedInPeriodWeightedAverageExercisePrice
4.51
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5332246 shares
CY2022Q2 NUZE Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price1
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice1
4.52
NUZE Sharebased Compensation Arrangement By Sharebased Payment Award Warrants Outstanding Weighted Average Remaining Contractual Term Ending Balance
SharebasedCompensationArrangementBySharebasedPaymentAwardWarrantsOutstandingWeightedAverageRemainingContractualTermEndingBalance
P3Y10M24D
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
1702596 usd

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