2023 Q4 Form 10-Q Financial Statement
#000149315223040717 Filed on November 14, 2023
Income Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
Revenue | $1.026M | $872.8K | $1.467M |
YoY Change | -51.57% | -40.52% | 256.59% |
Cost Of Revenue | $868.1K | $731.1K | $1.113M |
YoY Change | -52.8% | -34.3% | 712.89% |
Gross Profit | $158.1K | $141.7K | $354.4K |
YoY Change | -43.47% | -60.02% | 29.09% |
Gross Profit Margin | 15.4% | 16.24% | 24.16% |
Selling, General & Admin | $1.291M | $1.049M | $1.032M |
YoY Change | 5.66% | 1.63% | 47.66% |
% of Gross Profit | 816.66% | 739.98% | 291.09% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | -$250.00 | $10.00K | $4.180K |
YoY Change | -105.36% | 139.23% | -44.12% |
% of Gross Profit | -0.16% | 7.06% | 1.18% |
Operating Expenses | $1.291M | $1.049M | $1.032M |
YoY Change | 5.66% | 1.63% | 47.66% |
Operating Profit | -$1.133M | -$906.8K | -$677.3K |
YoY Change | 20.23% | 33.89% | 59.68% |
Interest Expense | $26.09K | $2.376K | $15.18K |
YoY Change | 104.79% | -84.34% | -151.83% |
% of Operating Profit | |||
Other Income/Expense, Net | -$6.060K | $54.23K | $10.59K |
YoY Change | -65.37% | 411.97% | |
Pretax Income | -$1.113M | -$829.0K | -$666.7K |
YoY Change | 17.52% | 24.35% | 47.03% |
Income Tax | -$80.00 | -$206.00 | -$60.00 |
% Of Pretax Income | |||
Net Earnings | -$1.099M | -$828.8K | -$666.6K |
YoY Change | 16.02% | 24.33% | 47.02% |
Net Earnings / Revenue | -107.07% | -94.96% | -45.44% |
Basic Earnings Per Share | -$0.05 | -$0.04 | |
Diluted Earnings Per Share | -$0.07 | -$0.05 | -$57.09K |
COMMON SHARES | |||
Basic Shares Outstanding | 16.07M shares | 16.01M shares | 11.68M shares |
Diluted Shares Outstanding | 15.99M shares | 14.97M shares |
Balance Sheet
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.755M | $5.570M | $10.56M |
YoY Change | -34.98% | -47.23% | 757.19% |
Cash & Equivalents | $4.755M | $5.565M | $10.56M |
Short-Term Investments | |||
Other Short-Term Assets | $565.4K | $324.3K | $107.7K |
YoY Change | 51.98% | 200.99% | -84.03% |
Inventory | $324.5K | $487.7K | $718.5K |
Prepaid Expenses | $236.1K | ||
Receivables | $281.1K | $439.4K | $636.4K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $5.926M | $6.939M | $12.14M |
YoY Change | -38.04% | -42.85% | 397.51% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $891.2K | $651.9K | $28.70K |
YoY Change | 2607.88% | 2171.38% | -0.69% |
Goodwill | |||
YoY Change | |||
Intangibles | $792.6K | $0.00 | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $444.7K | $427.0K | $235.9K |
YoY Change | 66.32% | 81.0% | 36.55% |
Total Long-Term Assets | $1.336M | $1.079M | $264.6K |
YoY Change | 344.86% | 307.72% | 31.22% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.926M | $6.939M | $12.14M |
Total Long-Term Assets | $1.336M | $1.079M | $264.6K |
Total Assets | $7.261M | $8.018M | $12.41M |
YoY Change | -26.38% | -35.37% | 369.56% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $180.0K | $466.1K | $790.2K |
YoY Change | -50.07% | -41.01% | -76.44% |
Accrued Expenses | $900.9K | $666.3K | $1.323M |
YoY Change | -27.52% | -49.66% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $348.8K | $176.9K | $1.245M |
YoY Change | -12.46% | -85.79% | 119.36% |
Long-Term Debt Due | $104.8K | ||
YoY Change | 118.63% | ||
Total Short-Term Liabilities | $1.459M | $1.338M | $3.792M |
YoY Change | -30.61% | -64.71% | -11.15% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $216.6K |
YoY Change | -100.0% | -100.0% | 218.92% |
Other Long-Term Liabilities | $0.00 | ||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $216.6K |
YoY Change | -100.0% | -100.0% | 218.92% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.459M | $1.338M | $3.792M |
Total Long-Term Liabilities | $0.00 | $0.00 | $216.6K |
Total Liabilities | $1.360M | $1.250M | $4.009M |
YoY Change | -40.71% | -68.82% | -7.55% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$47.94M | -$46.84M | -$43.76M |
YoY Change | 7.24% | 7.05% | 1.77% |
Common Stock | $162.00 | $161.00 | $150.00 |
YoY Change | 8.0% | 7.33% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $5.902M | $6.680M | $8.398M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.261M | $8.018M | $12.41M |
YoY Change | -26.38% | -35.37% | 369.56% |
Cashflow Statement
Concept | 2023 Q4 | 2023 Q3 | 2022 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.099M | -$828.8K | -$666.6K |
YoY Change | 16.02% | 24.33% | 47.02% |
Depreciation, Depletion And Amortization | -$250.00 | $10.00K | $4.180K |
YoY Change | -105.36% | 139.23% | -44.12% |
Cash From Operating Activities | -$734.6K | -$2.720M | -$1.113M |
YoY Change | -65.22% | 144.37% | 172.78% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $238.2K | $200.0K | -$3.220K |
YoY Change | 2549.72% | -6311.18% | -111.25% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$238.2K | -$200.0K | -$3.220K |
YoY Change | 2549.72% | 6111.18% | -111.25% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 84.10K | -100.0K | 5.535M |
YoY Change | -107.12% | -101.81% | 1223.6% |
NET CHANGE | |||
Cash From Operating Activities | -734.6K | -2.720M | -1.113M |
Cash From Investing Activities | -238.2K | -200.0K | -3.220K |
Cash From Financing Activities | 84.10K | -100.0K | 5.535M |
Net Change In Cash | -888.8K | -3.020M | 4.419M |
YoY Change | -73.09% | -168.35% | 11308.75% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$734.6K | -$2.720M | -$1.113M |
Capital Expenditures | $238.2K | $200.0K | -$3.220K |
Free Cash Flow | -$972.9K | -$2.920M | -$1.110M |
YoY Change | -54.14% | 163.1% | 154.17% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001397183 | ||
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
usd | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
usd | |
CY2023Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2022Q4 | IVDA |
Joint Venture Noncontrolled Portion
JointVentureNoncontrolledPortion
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | ||
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
usd | ||
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
usd | ||
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
usd | ||
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
IVDA |
Warrants Issued For Services
WarrantsIssuedForServices
|
usd | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | ||
CY2023Q3 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
usd | |
CY2023Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other Loss Carryforwards
DeferredTaxAssetsOtherLossCarryforwards
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2021Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2023-09-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2023 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
001-41345 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
IVEDA SOLUTIONS, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
20-2222203 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
1744 S Val Vista | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 213 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Mesa | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
AZ | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
85204 | ||
dei |
City Area Code
CityAreaCode
|
(480) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
307-8700 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2023Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
16069891 | shares |
CY2023Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5565074 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
7312095 | usd |
CY2023Q3 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
122951 | usd |
CY2022Q4 | us-gaap |
Restricted Cash Current
RestrictedCashCurrent
|
129527 | usd |
CY2023Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
439430 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1222690 | usd |
CY2023Q3 | us-gaap |
Inventory Net
InventoryNet
|
487747 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
526470 | usd |
CY2023Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
324291 | usd |
CY2022Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
371990 | usd |
CY2023Q3 | us-gaap |
Assets Current
AssetsCurrent
|
6939493 | usd |
CY2022Q4 | us-gaap |
Assets Current
AssetsCurrent
|
9562772 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
651931 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
32911 | usd |
CY2023Q3 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
427049 | usd |
CY2022Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
267387 | usd |
CY2023Q3 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
427049 | usd |
CY2022Q4 | us-gaap |
Assets Noncurrent Other Than Noncurrent Investments And Property Plant And Equipment
AssetsNoncurrentOtherThanNoncurrentInvestmentsAndPropertyPlantAndEquipment
|
267387 | usd |
CY2023Q3 | us-gaap |
Assets
Assets
|
8018473 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
9863070 | usd |
CY2023Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
1161569 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
1638727 | usd |
CY2023Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
176885 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
398409 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
65408 | usd |
CY2023Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1338454 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2102544 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
190776 | usd |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
16069891 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
16069891 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
15066739 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
15066739 | shares |
CY2023Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
161 | usd |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
150 | usd |
CY2023Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
53881334 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
52496914 | usd |
CY2023Q3 | IVDA |
Joint Venture Noncontrolled Portion
JointVentureNoncontrolledPortion
|
-83489 | usd |
CY2023Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-274862 | usd |
CY2022Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-220643 | usd |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-46843124 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-44706671 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6680020 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7569750 | usd |
CY2023Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8018473 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9863070 | usd |
CY2023Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
872762 | usd |
CY2022Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1467199 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5469693 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2349468 | usd | |
CY2023Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
731062 | usd |
CY2022Q3 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1112770 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
4560171 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1665596 | usd | |
CY2023Q3 | us-gaap |
Gross Profit
GrossProfit
|
141700 | usd |
CY2022Q3 | us-gaap |
Gross Profit
GrossProfit
|
354129 | usd |
us-gaap |
Gross Profit
GrossProfit
|
909522 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
683872 | usd | |
CY2023Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1048549 | usd |
CY2022Q3 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1031715 | usd |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3187581 | usd | |
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3070962 | usd | |
CY2023Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1048549 | usd |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
1031715 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
3187581 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
3070962 | usd | |
CY2023Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-906849 | usd |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-677286 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2278058 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2387090 | usd | |
CY2023Q3 | IVDA |
Miscellaneous Income Expense
MiscellaneousIncomeExpense
|
248 | usd |
CY2022Q3 | IVDA |
Miscellaneous Income Expense
MiscellaneousIncomeExpense
|
258 | usd |
IVDA |
Miscellaneous Income Expense
MiscellaneousIncomeExpense
|
-22110 | usd | |
IVDA |
Miscellaneous Income Expense
MiscellaneousIncomeExpense
|
425 | usd | |
CY2023Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
56361 | usd |
CY2022Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
25510 | usd |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
104460 | usd | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
32819 | usd | |
CY2023Q3 | us-gaap |
Interest Expense
InterestExpense
|
2376 | usd |
CY2022Q3 | us-gaap |
Interest Expense
InterestExpense
|
15175 | usd |
us-gaap |
Interest Expense
InterestExpense
|
5921 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
41487 | usd | |
CY2023Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
54233 | usd |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
10593 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
76429 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-8243 | usd | |
CY2023Q3 | IVDA |
Joint Venture Noncontrolled Interest
JointVentureNoncontrolledInterest
|
23522 | usd |
IVDA |
Joint Venture Noncontrolled Interest
JointVentureNoncontrolledInterest
|
83489 | usd | |
CY2023Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-829024 | usd |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-666693 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2118140 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2395333 | usd | |
CY2023Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-206 | usd |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-60 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
18384 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
2998 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-828818 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-666633 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2136453 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2398331 | usd | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.05 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.05 | |
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.04 | |
CY2022Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.04 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.20 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.20 | ||
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15989891 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15989891 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14966739 | shares |
CY2022Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14966739 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15941265 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15941265 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
12106884 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12106884 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-777279 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Ownshare Lending Arrangement Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedOwnshareLendingArrangementIssuanceCosts
|
-1163918 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
120581 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
219900 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
5555 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
23000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
8011250 | usd |
CY2022 | IVDA |
Common Stock And Prefunded Warrant Offering
CommonStockAndPrefundedWarrantOffering
|
4999836 | usd |
CY2022 | IVDA |
Adjustments To Additional Paid In Capital Warrants Sold In Over Allotment
AdjustmentsToAdditionalPaidInCapitalWarrantsSoldInOverAllotment
|
2797 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3345270 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-77150 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7569750 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7569750 | usd |
IVDA |
Stock Issued During Period Value Stock Warrants Exercised
StockIssuedDuringPeriodValueStockWarrantsExercised
|
1322885 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
61546 | usd | |
us-gaap |
Noncontrolling Interest In Net Income Loss Joint Venture Partners Nonredeemable
NoncontrollingInterestInNetIncomeLossJointVenturePartnersNonredeemable
|
83489 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2136453 | usd | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-54219 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6680020 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6680020 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2136453 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2398331 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
18313 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
13136 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
93900 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
167900 | usd | |
IVDA |
Common Stock Warrants Issued For Interest Value
CommonStockWarrantsIssuedForInterestValue
|
5555 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-757305 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
143602 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-17362 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
373852 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-37350 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-114587 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
180681 | usd | |
us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-37681 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-378538 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
|
-813152 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1865342 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3296178 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
638046 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5184 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-638046 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5184 | usd | |
IVDA |
Proceeds From Repayments Of Changes In Restricted Cash
ProceedsFromRepaymentsOfChangesInRestrictedCash
|
-70 | usd | |
IVDA |
Proceeds From Repayments Of Changes In Restricted Cash
ProceedsFromRepaymentsOfChangesInRestrictedCash
|
18345 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
-209564 | usd | |
us-gaap |
Proceeds From Repayments Of Short Term Debt
ProceedsFromRepaymentsOfShortTermDebt
|
1179384 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-253285 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-122191 | usd | |
IVDA |
Payments For Joint Venture Noncontrolled Portion
PaymentsForJointVentureNoncontrolledPortion
|
83489 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1384431 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
11511687 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
838023 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12587225 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-81656 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-115405 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1747021 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
9170458 | usd | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
7312095 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1385275 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5565074 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10555733 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
3545 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
56038 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
18590 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
167900 | usd | |
IVDA |
Warrants Issued For Services
WarrantsIssuedForServices
|
5555 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_841_eus-gaap--UseOfEstimates_zgdOB9PWxyak" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline"><span id="xdx_861_z8OJiTmGWgO1">Use of Estimates</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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; 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-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zJsAkKpg5fU3" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline"><span id="xdx_863_z06LfVyAPjOl">Concentrations</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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; 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-top: 0pt; margin-bottom: 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Substantially all cash is deposited in three financial institutions, two 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 3 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-top: 0pt; margin-bottom: 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; 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. At December 31, 2022 one customer out of a total of 36 customer accounts receivable accounts was <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--ChunghwaTelecomMember_zxzVd9BALFMd" title="Concentration risk, percentage">52</span>% of the total accounts receivable. This specific customer was Chicony Power Technology Co Ltd. One customer (Chunghwa Telecom) represented approximately <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zW7z4eLcwrD2" title="Percentage of concentration risk">95</span>% of total accounts receivable of $<span id="xdx_90A_eus-gaap--AccountsReceivableNet_iI_c20221231__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_z6XxaGJg25r9" title="Account receivable">492,752</span> as of December 31, 2022. These customers are longtime customers, and we don’t expect any problem with collectability of these accounts receivable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue from two customers out of 42 total customers represented approximately <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoCustomerMember_zpMldYYbQlW1" title="Concentration risk, percentage">52</span>% of total revenue for the year ended December 31, 2022. These specific customers were 1) We had $<span id="xdx_90B_eus-gaap--Revenues_pdp0_c20220101__20221231__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zkLJoR2fY3d2" title="Revenues">948,592</span> revenues (<span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zEk5flUXcRNe" title="Concentration risk, percentage">21</span>%) from Chunghwa Telecom, 2) We had $<span id="xdx_905_eus-gaap--Revenues_c20220101__20221231__dei--LegalEntityAxis__custom--ChiconyPowerTechnologyCoLtdMember_zLMfigB6DPM4" title="Revenues">1,385,026</span> revenues (<span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChiconyPowerTechnologyMember_zOQZmJh9NmXi" title="Concentration risk, percentage">31</span>%) from Chicony Power Technology Co Ltd, (both Taiwan companies) of total revenues of $<span id="xdx_903_eus-gaap--Revenues_c20220101__20221231_zM3amTzjwVih" title="Revenues">4,468,279</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">We had revenue from two customers with greater than <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--TwoCustomerMember__srt--RangeAxis__srt--MinimumMember_zVN91k1onwI">10</span>% of total revenues for the year ended December 31, 2021 that represented approximately <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zFGKycgeaOs4" title="Concentration risk, percentage">55</span>% of total revenues. We had $<span id="xdx_903_eus-gaap--Revenues_c20210101__20211231__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_z3vdmkj5vqib" title="Revenues">786,686</span> revenues (<span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__dei--LegalEntityAxis__custom--ChunghwaTelecomMember_zKp654WUqU73" title="Concentration risk, percentage">41</span>%) from Chunghwa Telecom and $<span id="xdx_902_eus-gaap--Revenues_c20210101__20211231__dei--LegalEntityAxis__custom--TaiwanStockExchangeCorporationMember_zo2iHLDuQVl7" 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_zhtiyTs1c8o6" title="Concentration risk, percentage">14</span>%) from Taiwan Stock Exchange Corporation of total revenues of $<span id="xdx_90F_eus-gaap--Revenues_c20210101__20211231_z1kRVREpTsLa" title="Revenues">1,917,848</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">No other customers represented greater than <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--RangeAxis__srt--MinimumMember_zbhr37BLILyi"><span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--RangeAxis__srt--MinimumMember_zxXWETiQpA4b">10</span></span>% of total revenues in years ended December 31, 2022 and 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022 | us-gaap |
Revenues
Revenues
|
4468279 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
1917848 | usd |
CY2022Q4 | IVDA |
Uncollectible Accounts
UncollectibleAccounts
|
0 | usd |
CY2021Q4 | IVDA |
Uncollectible Accounts
UncollectibleAccounts
|
0 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
17801 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
15016 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
466099 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
360395 | usd |
CY2023Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
666262 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1243027 | usd |
CY2023Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
29209 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
35305 | usd |
CY2023Q3 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
1161569 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
1638727 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
120581 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
801908 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84B_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zxuYxVPBb0S" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline"><span id="xdx_863_z8JWttq5kCE2">Reclassification</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain amounts in 2022 have been reclassified to conform to the 2023 presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2023Q3 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
176885 | usd |
CY2022Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
398409 | usd |
CY2022Q4 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
65408 | usd |
CY2022Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
190776 | usd |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
93887 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
10800000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
|
9800000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
10800000 | usd |
CY2021Q4 | 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
|
-2136453 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2398331 | usd | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15941265 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
12106884 | shares | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.20 |