2022 Q3 Form 10-Q Financial Statement

#000149315222022399 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2021 Q4
Revenue $1.467M $651.4K $613.1K
YoY Change 256.59% 16.18% -58.69%
Cost Of Revenue $1.113M $462.5K $303.7K
YoY Change 712.89% 8.2% -69.37%
Gross Profit $354.4K $188.9K $309.4K
YoY Change 29.09% 41.78% -37.2%
Gross Profit Margin 24.16% 29.0% 50.47%
Selling, General & Admin $1.032M $1.247M $1.516M
YoY Change 47.66% 60.78% -11.96%
% of Gross Profit 291.09% 660.2% 489.81%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.180K $4.300K -$2.130K
YoY Change -44.12% -55.53% -113.57%
% of Gross Profit 1.18% 2.28% -0.69%
Operating Expenses $1.032M $1.247M $1.516M
YoY Change 47.66% 60.78% -11.96%
Operating Profit -$677.3K -$1.058M -$1.206M
YoY Change 59.68% 64.72% -1.84%
Interest Expense $15.18K $13.48K -$16.83K
YoY Change -151.83% -70.17% -95.77%
% of Operating Profit
Other Income/Expense, Net $10.59K -$6.790K $70.00
YoY Change -84.96% -99.71%
Pretax Income -$666.7K -$1.065M -$1.223M
YoY Change 47.03% 54.89% -23.68%
Income Tax -$60.00 -$78.00 $0.00
% Of Pretax Income
Net Earnings -$666.6K -$1.065M -$1.223M
YoY Change 47.02% 54.88% -23.68%
Net Earnings / Revenue -45.44% -163.48% -199.46%
Basic Earnings Per Share -$0.04 -$0.09
Diluted Earnings Per Share -$57.09K -$91.19K -$126.5K
COMMON SHARES
Basic Shares Outstanding 11.68M shares 11.68M shares
Diluted Shares Outstanding 14.97M shares 11.68M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.56M $6.197M $1.385M
YoY Change 757.19% 421.29%
Cash & Equivalents $10.56M $6.197M $1.385M
Short-Term Investments
Other Short-Term Assets $107.7K $244.5K $310.7K
YoY Change -84.03% -66.42%
Inventory $718.5K $630.4K $344.7K
Prepaid Expenses
Receivables $636.4K $122.6K $492.8K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $12.14M $7.328M $2.676M
YoY Change 397.51% 205.19%
LONG-TERM ASSETS
Property, Plant & Equipment $28.70K $31.19K $38.19K
YoY Change -0.69% -52.0%
Goodwill
YoY Change
Intangibles $0.00 $0.00 $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets $235.9K $232.3K $273.4K
YoY Change 36.55% 34.96%
Total Long-Term Assets $264.6K $263.5K $311.6K
YoY Change 31.22% 11.13%
TOTAL ASSETS
Total Short-Term Assets $12.14M $7.328M $2.676M
Total Long-Term Assets $264.6K $263.5K $311.6K
Total Assets $12.41M $7.592M $2.988M
YoY Change 369.56% 187.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $790.2K $375.8K $62.89K
YoY Change -76.44% -89.17%
Accrued Expenses $1.323M $1.596M $2.835M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $1.245M $218.3K $50.00K
YoY Change 119.36% -78.96%
Long-Term Debt Due $104.8K $112.2K $120.3K
YoY Change 118.63%
Total Short-Term Liabilities $3.792M $2.761M $3.426M
YoY Change -11.15% -42.56%
LONG-TERM LIABILITIES
Long-Term Debt $216.6K $259.9K $338.8K
YoY Change 218.92%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $216.6K $259.9K $338.8K
YoY Change 218.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.792M $2.761M $3.426M
Total Long-Term Liabilities $216.6K $259.9K $338.8K
Total Liabilities $4.009M $3.021M $3.765M
YoY Change -7.55% -37.15%
SHAREHOLDERS EQUITY
Retained Earnings -$43.76M -$43.09M -$41.36M
YoY Change 1.77% 0.22%
Common Stock $150.00 $117.00 $97.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.398M $4.571M -$777.3K
YoY Change
Total Liabilities & Shareholders Equity $12.41M $7.592M $2.988M
YoY Change 369.56% 187.74%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2021 Q4
OPERATING ACTIVITIES
Net Income -$666.6K -$1.065M -$1.223M
YoY Change 47.02% 54.88% -23.68%
Depreciation, Depletion And Amortization $4.180K $4.300K -$2.130K
YoY Change -44.12% -55.53% -113.57%
Cash From Operating Activities -$1.113M -$1.413M -$792.4K
YoY Change 172.78% 83.11% 1457.74%
INVESTING ACTIVITIES
Capital Expenditures -$3.220K $2.740K -$7.160K
YoY Change -111.25% -105.96% -153.47%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$3.220K $2.740K -$7.160K
YoY Change -111.25% -105.96% -153.47%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 5.535M 6.907M 964.4K
YoY Change 1223.6% 296.94% 2221.08%
NET CHANGE
Cash From Operating Activities -1.113M -1.413M -792.4K
Cash From Investing Activities -3.220K 2.740K -7.160K
Cash From Financing Activities 5.535M 6.907M 964.4K
Net Change In Cash 4.419M 5.497M 164.8K
YoY Change 11308.75% 495.88% 3949.88%
FREE CASH FLOW
Cash From Operating Activities -$1.113M -$1.413M -$792.4K
Capital Expenditures -$3.220K $2.740K -$7.160K
Free Cash Flow -$1.110M -$1.416M -$785.3K
YoY Change 154.17% 95.08% 1122.0%

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88000 usd
IVDA Issuance Of Stock Issued For Services
IssuanceOfStockIssuedForServices
167900 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
71793 usd
IVDA Common Stock Warrants Issued For Interest Value
CommonStockWarrantsIssuedForInterestValue
69729 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-370150 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1807 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
285762 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
37426 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
22220 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
274265 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-41295 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
-60476 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-825640 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
491169 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2183116 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-771619 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1964 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
45959 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1964 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-45959 usd
IVDA Proceeds From Restricted Cash
ProceedsFromRestrictedCash
-9596 usd
IVDA Proceeds From Restricted Cash
ProceedsFromRestrictedCash
166721 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
160186 usd
us-gaap Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
481450 usd
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-82711 usd
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-78900 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
6961457 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1508000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7052339 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1740018 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-55079 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
16906 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4812180 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
939346 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1385275 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
249521 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6197455 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1188867 usd
us-gaap Interest Paid Net
InterestPaidNet
1013 usd
us-gaap Interest Paid Net
InterestPaidNet
330 usd
IVDA Common Stock Issued For Consulting Agreements Related To Cost Of Capital
CommonStockIssuedForConsultingAgreementsRelatedToCostOfCapital
1895000 usd
IVDA Debenture Accrued Interest Converted To Common Stock
DebentureAccruedInterestConvertedToCommonStock
125376 usd
us-gaap Stock Issued1
StockIssued1
439750 usd
IVDA Rent Accounts Payable To Related Party Converted To Common Stock
RentAccountsPayableToRelatedPartyConvertedToCommonStock
55789 usd
IVDA Accrued Dividends Converted To Common Stock
AccruedDividendsConvertedToCommonStock
455926 usd
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.96
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
62500 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
4.72
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-43000000 usd
CY2022Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.04
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
543754 shares
CY2021Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.04
CY2022Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
872259 shares
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84F_eus-gaap--UseOfEstimates_za6m0gM1bMhe" 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><span style="text-decoration: underline"><span id="xdx_869_zQ5bSSZt5Xug">Use of Estimates</span></span></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 United States of America requires us to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from these 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>
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
158750 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.28
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
137963 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
7.44
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
44375 shares
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_zmPqZU5jFFlf" 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><span style="text-decoration: underline"><span id="xdx_862_zIiAsBWuWcDf">Concentrations</span></span></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">Financial instruments, which potentially subject us to concentrations of credit risk, consist principally of cash and cash equivalents and trade accounts receivable.</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">Substantially all cash is deposited in two financial institutions, one in the United States and one in Taiwan. At times, amounts on deposit in the United States may be in excess of the FDIC insurance limit. Deposits in Taiwan financial institutions are insured by CDIC (Central Deposit Insurance Corporation) with maximum coverage of NTD <span id="xdx_902_eus-gaap--CashFDICInsuredAmount_iI_pn6n6_uNTD_c20220630_zzYIDA5aLAA9" title="FDIC insurance limit">3</span> million. At times, amounts on deposit in Taiwan may be in excess of the CDIC Insurance limit.</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"> </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">Accounts receivables are unsecured, and we are at risk to the extent such amount becomes uncollectible. We perform periodic credit evaluations of our customers’ financial condition and generally do not require collateral. One customer (Chunghwa Telecom) represented approximately <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zcZXGHkgFbqi" title="Percentage of concentration risk">95</span>% of total accounts receivable of $<span id="xdx_906_eus-gaap--AccountsReceivableNet_iI_pp0p0_c20211231__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zQpWaW8J5d3" title="Account receivable">492,752</span> as of December 31, 2021. This customer is a longtime customer, and we do not expect any problem with the collectability of these accounts receivable.</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 revenue from one customer with greater than <span id="xdx_904_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--OneCustomerMember__srt--RangeAxis__srt--MinimumMember_zTodUCgqyDqc">10</span>% of total revenues during the six months ended June 30, 2022 and two customers for the year ended December 31, 2021 that represented approximately <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zT6h34N4LOFd" title="Concentration risk, percentage">53</span>% and <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zCKDtTarr9A9" title="Concentration risk, percentage">55</span>% of total revenues, respectively. We had $<span id="xdx_90B_eus-gaap--Revenues_pp0p0_c20220101__20220630__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zq3NEkVVFwuj" title="Revenues">527,256</span> revenues (<span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_ztL7DsLj46Qc" title="Concentration risk, percentage">60</span>%) from Chunghwa Telecom of total revenues of $<span id="xdx_901_eus-gaap--Revenues_pp0p0_c20220101__20220630_zHiOQeS1n0mb" title="Revenues">882,269</span> for the six months ended June 30, 2022. We had $<span id="xdx_90E_eus-gaap--Revenues_pp0p0_c20210101__20211231__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zhsUciCSPl2k" title="Revenues">786,686</span> revenues (<span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_z5woeYv5FTMf" title="Concentration risk, percentage">41</span>%) from Chunghwa Telecom and $<span id="xdx_901_eus-gaap--Revenues_pp0p0_c20210101__20211231__dei--LegalEntityAxis__custom--TaiwanStockExchangeCorporationMember_zhXclxxFlNv6" title="Revenues">260,946</span> revenues (<span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--TaiwanStockExchangeCorporationMember_zmLZ6v2Yr2Ua" title="Concentration risk, percentage">14</span>%) from Taiwan Stock Exchange Corporation of total revenues of $<span id="xdx_907_eus-gaap--Revenues_pp0p0_c20210101__20211231_z4qaa79auUyi" title="Revenues">1,917,848</span> for the year ended December 31, 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> <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">No other customers represented greater than <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20220630__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--OtherCustomersMember__us-gaap--RangeAxis__us-gaap--MinimumMember_zsXFqhvnQbX1" title="Percentage of concentration risk"><span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--OtherCustomersMember__us-gaap--RangeAxis__us-gaap--MinimumMember_zTXos9sTnMgc" title="Percentage of concentration risk">10</span></span>% of total revenues in the six months ended June 30, 2022 and year ended December 31, 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>
CY2022Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
3000000
us-gaap Revenues
Revenues
882269 usd
CY2021 us-gaap Revenues
Revenues
1917848 usd
CY2022Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableWeightedAverageExercisePrice
3.04
CY2021Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
543754 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
8.96
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
893438 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.80
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
952025 shares
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 usd
CY2021Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
0 usd
CY2021Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableWeightedAverageExercisePrice
3.04
us-gaap Depreciation
Depreciation
8959 usd
CY2021 us-gaap Depreciation
Depreciation
15016 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
375774 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
62889 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1595660 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2834726 usd
CY2022Q2 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
158948 usd
CY2021Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
58211 usd
CY2022Q2 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2130382 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2955826 usd
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.76
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
891563 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
6.80
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_846_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_znBr4C8sR3h2" 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><span style="text-decoration: underline"><span id="xdx_86A_ziHMBwXCtOY6">Reclassification</span></span></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">Certain amounts in 2021 have been reclassified to conform to the 2022 presentation.</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 Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
300000 usd
CY2021Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
300000 usd
CY2022Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
300000 usd
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
300000 usd
CY2022Q2 us-gaap Short Term Borrowings
ShortTermBorrowings
218282 usd
CY2021Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
50000 usd
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
952025 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.76
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.68
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
2.00
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
872259 shares
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
112188 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
120284 usd
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
259903 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
338803 usd
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
12500000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
37500000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
us-gaap Common Stock Voting Rights
CommonStockVotingRights
The holders of our common stock are entitled to one vote per share on all matters submitted to a vote of the stockholders of our company
CY2021Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
4500 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
952025 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.76
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
842650 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.24
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
141875 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.76
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
312500 shares
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
0.32
us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
16.24
CY2022Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
893438 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P6Y2M12D
CY2022Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
6.80
CY2022Q2 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
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CY2022Q2 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
6.80
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P5Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.90 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.90 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0100 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0018 pure
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
543754 shares
CY2021Q4 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.04
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
695439 shares
CY2020Q4 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.04
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
509732 shares
IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Granted Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsGrantedWeightedAverageExercisePrice
2.96
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
123732 shares
IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Granted Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsGrantedWeightedAverageExercisePrice
2.80
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
78102 shares
IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercised Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisedWeightedAverageExercisePrice
2.80
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
103125 shares
IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Forfeited Cancelled Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsForfeitedCancelledWeightedAverageExercisePrice
2.80
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
275416 shares
IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Forfeited Cancelled Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsForfeitedCancelledWeightedAverageExercisePrice
2.88
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
872259 shares
CY2022Q2 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P1Y6M
CY2022Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
3.04
CY2022Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisableNumber
872259 shares
CY2022Q2 IVDA Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableWeightedAverageExercisePrice
3.04
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
10800000 usd
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
9800000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
10800000 usd
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
9800000 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1000000 usd
CY2021 IVDA Year Of Expiration
YearOfExpiration
2041
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
590000 usd
CY2020 IVDA Year Of Expiration
YearOfExpiration
2040
CY2019Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
260000 usd
CY2019 IVDA Year Of Expiration
YearOfExpiration
2039
CY2018Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
160000 usd
CY2018 IVDA Year Of Expiration
YearOfExpiration
2038
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
140000 usd
CY2017 IVDA Year Of Expiration
YearOfExpiration
2037
CY2016Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1640000 usd
CY2016 IVDA Year Of Expiration
YearOfExpiration
2036
CY2015Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
3400000 usd
CY2015 IVDA Year Of Expiration
YearOfExpiration
2035
CY2014Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
5230000 usd
CY2014 IVDA Year Of Expiration
YearOfExpiration
2034
CY2013Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
5600000 usd
CY2013 IVDA Year Of Expiration
YearOfExpiration
2033
CY2012Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
2850000 usd
CY2012 IVDA Year Of Expiration
YearOfExpiration
2032
CY2011Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
2427000 usd
CY2011 IVDA Year Of Expiration
YearOfExpiration
2031
CY2010Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1799000 usd
CY2010 IVDA Year Of Expiration
YearOfExpiration
2030
CY2009Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1750000 usd
CY2009 IVDA Year Of Expiration
YearOfExpiration
2029
CY2008Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1308000 usd
CY2008 IVDA Year Of Expiration
YearOfExpiration
2028
CY2007Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
429000 usd
CY2007 IVDA Year Of Expiration
YearOfExpiration
2027
CY2006Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
476000 usd
CY2006 IVDA Year Of Expiration
YearOfExpiration
2026
CY2005Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
414000 usd
CY2005 IVDA Year Of Expiration
YearOfExpiration
2025
IVDA Taiwan Corporate Tax Rate
TaiwanCorporateTaxRate
Sole-Vision Technologies, Inc. is a subsidiary of the Company which is operating in Taiwan as a profit-seeking enterprise. Its applicable corporate income tax rate is 17%. In addition, Taiwan’s corporate tax system allows the government to levy a 10% profit retention tax on undistributed earnings for the prior year. This tax will not be provided if the company distributed the earnings before the ended of the fiscal year
us-gaap Net Income Loss
NetIncomeLoss
-1731698 usd
us-gaap Net Income Loss
NetIncomeLoss
-1322297 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10676647 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8417157 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16

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