2022 Q4 Form 10-Q Financial Statement

#000149523122000186 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3
Revenue $8.802M $10.83M
YoY Change -16.17% 39.98%
Cost Of Revenue $5.749M $6.597M
YoY Change 19.83% 64.02%
Gross Profit $3.054M $4.229M
YoY Change -46.46% 13.93%
Gross Profit Margin 34.69% 39.06%
Selling, General & Admin $4.032M $5.431M
YoY Change -24.52% 10.57%
% of Gross Profit 132.04% 128.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $423.3K $127.5K
YoY Change 204.07% -42.15%
% of Gross Profit 13.86% 3.02%
Operating Expenses $4.455M $5.431M
YoY Change -18.71% 10.57%
Operating Profit -$1.402M -$1.329M
YoY Change -730.17% -6.39%
Interest Expense $1.800K $814.00
YoY Change -246.34% -47.75%
% of Operating Profit
Other Income/Expense, Net $489.3K $423.2K
YoY Change 119.39% 2081.13%
Pretax Income -$917.1K -$906.2K
YoY Change -306.44% -38.8%
Income Tax
% Of Pretax Income
Net Earnings -$917.1K -$906.2K
YoY Change -306.44% -35.31%
Net Earnings / Revenue -10.42% -8.37%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.01 -$14.55K
COMMON SHARES
Basic Shares Outstanding 62.33M shares 62.27M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $70.00M $67.01M
YoY Change -7.2% -9.99%
Cash & Equivalents $24.60M $20.03M
Short-Term Investments $45.40M $46.99M
Other Short-Term Assets $66.44K $57.33K
YoY Change -33.9% 40.33%
Inventory
Prepaid Expenses $3.927M $2.853M
Receivables $5.665M $8.644M
Other Receivables $0.00 $0.00
Total Short-Term Assets $50.37M $53.46M
YoY Change -41.02% -35.8%
LONG-TERM ASSETS
Property, Plant & Equipment $156.8K $76.18K
YoY Change 1.02% -51.71%
Goodwill $4.017M $4.017M
YoY Change 0.0% 0.0%
Intangibles $64.95K $71.46K
YoY Change -69.54%
Long-Term Investments $29.30M $25.11M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $35.31M $30.54M
YoY Change 553.28% 475.96%
TOTAL ASSETS
Total Short-Term Assets $50.37M $53.46M
Total Long-Term Assets $35.31M $30.54M
Total Assets $85.67M $83.99M
YoY Change -5.64% -5.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.968M $1.792M
YoY Change -5.68% 5.58%
Accrued Expenses $2.048M $2.045M
YoY Change -18.16% -15.48%
Deferred Revenue $11.25M $9.236M
YoY Change -0.8% -8.58%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $42.86K $63.51K
YoY Change 28.36% 102.84%
Total Short-Term Liabilities $15.35M $13.10M
YoY Change -3.65% -7.86%
LONG-TERM LIABILITIES
Long-Term Debt $62.17K $0.00
YoY Change 47.78% -100.0%
Other Long-Term Liabilities $0.00 $0.00
YoY Change
Total Long-Term Liabilities $62.17K $0.00
YoY Change 47.78% -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.35M $13.10M
Total Long-Term Liabilities $62.17K $0.00
Total Liabilities $15.41M $13.10M
YoY Change -3.51% -8.28%
SHAREHOLDERS EQUITY
Retained Earnings -$78.10M -$77.19M
YoY Change 6.07% 4.38%
Common Stock $6.241K $6.227K
YoY Change 0.58% 0.6%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares
Shareholders Equity $70.27M $70.89M
YoY Change
Total Liabilities & Shareholders Equity $85.67M $83.99M
YoY Change -5.64% -5.17%

Cashflow Statement

Concept 2022 Q4 2022 Q3
OPERATING ACTIVITIES
Net Income -$917.1K -$906.2K
YoY Change -306.44% -35.31%
Depreciation, Depletion And Amortization $423.3K $127.5K
YoY Change 204.07% -42.15%
Cash From Operating Activities $3.859M -$2.350M
YoY Change 255.68% 360.4%
INVESTING ACTIVITIES
Capital Expenditures $952.3K -$291.0K
YoY Change -487.41% 6796.21%
Acquisitions
YoY Change
Other Investing Activities $1.693M $11.34M
YoY Change 656.7% 54163.11%
Cash From Investing Activities $740.7K $11.05M
YoY Change -3454.48% 66146.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -25.64K -20.78K
YoY Change -68.56% -79.06%
NET CHANGE
Cash From Operating Activities 3.859M -2.350M
Cash From Investing Activities 740.7K 11.05M
Cash From Financing Activities -25.64K -20.78K
Net Change In Cash 4.574M 8.679M
YoY Change 366.1% -1563.82%
FREE CASH FLOW
Cash From Operating Activities $3.859M -$2.350M
Capital Expenditures $952.3K -$291.0K
Free Cash Flow $2.907M -$2.059M
YoY Change 118.44% 306.74%

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StockPurchasePlanOptionExerciseIssuances
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us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Net Income Loss
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
70891190 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
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izea Stock Issued During Period Value Sale Of Securities
StockIssuedDuringPeriodValueSaleOfSecurities
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izea Stock Purchase Plan Option Exercise Issuances
StockPurchasePlanOptionExerciseIssuances
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us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
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us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
74290500 usd
us-gaap Net Income Loss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Gains Losses On Extinguishment Of Debt
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0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1927220 usd
izea Impairment Of Digital Assets
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141808 usd
izea Impairment Of Digital Assets
ImpairmentOfDigitalAssets
0 usd
us-gaap Depreciation
Depreciation
91200 usd
us-gaap Depreciation
Depreciation
98759 usd
izea Amortizationofsoftwaredevelopmentcostsandotherintangibleassets
Amortizationofsoftwaredevelopmentcostsandotherintangibleassets
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Amortizationofsoftwaredevelopmentcostsandotherintangibleassets
851147 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
428013 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
93742 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
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us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-18555 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
21522 usd
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
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us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
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us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
67171356 usd
CY2021 us-gaap Proceeds From Sale Of Short Term Investments
ProceedsFromSaleOfShortTermInvestments
0 usd
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
26278590 usd
us-gaap Payments To Acquire Longterm Investments
PaymentsToAcquireLongtermInvestments
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us-gaap Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
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CY2021 us-gaap Proceeds From Sale Of Longterm Investments
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us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
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us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
33912 usd
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
10344 usd
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ProceedsFromSaleOfProductiveAssets
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izea Payments To Proceeds From Developed Software
PaymentsToProceedsFromDevelopedSoftware
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PaymentsToProceedsFromDevelopedSoftware
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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izea Proceeds From The Sale Of Securities Financing Activities
ProceedsFromTheSaleOfSecuritiesFinancingActivities
0 usd
izea Proceeds From The Sale Of Securities Financing Activities
ProceedsFromTheSaleOfSecuritiesFinancingActivities
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izea Proceeds From Employee Stock Purchase Plan And Stock Options Exercised
ProceedsFromEmployeeStockPurchasePlanAndStockOptionsExercised
18727 usd
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ProceedsFromEmployeeStockPurchasePlanAndStockOptionsExercised
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us-gaap Payments Of Financing Costs
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11944 usd
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PaymentsOfStockIssuanceCosts
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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
41503006 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
33045225 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Interest Paid Net
InterestPaidNet
1894 usd
us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Use Of Estimates
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<div style="margin-top:6pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%;text-decoration:underline">Use of Estimates</span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </span></div><div style="margin-top:6pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The extent to which COVID-19 impacts the Company’s business and financial results will depend on numerous evolving factors including, but not limited to the magnitude and duration of COVID-19, the extent to which it impacts worldwide macroeconomic conditions, the speed of the anticipated recovery, access to capital markets, and governmental and business reactions to the pandemic. The Company assessed certain accounting matters that generally require consideration of forecasted financial information in context with the information reasonably available to the Company and the unknown future impacts of COVID-19 as of September 30, 2022, and through the date of the filing of this Quarterly Report on Form 10-Q. The accounting matters assessed included but were not limited to estimates related to revenue, the accounting for potential liabilities and accrued expenses, the assumptions utilized in valuing stock-based compensation issued for services, the realization of deferred tax assets, and assessments of impairment related to long-lived assets, intangible assets, and goodwill. The Company’s future assessment of the magnitude and duration of COVID-19, as well as other factors, could result in additional material impacts on the Company’s consolidated financial statements in future reporting periods.</span></div>Despite the Company’s efforts, the ultimate impact of COVID-19 depends on factors beyond the Company’s knowledge or control, including the duration and severity of the outbreak, as well as third-party actions taken to contain its spread and mitigate its public health effects. As a result, the Company is unable to estimate the full extent to which COVID-19 will negatively impact its financial results or liquidity.
CY2022Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q3 izea Cash Cdic Insured Amount
CashCDICInsuredAmount
100000 cad
CY2022Q3 us-gaap Cash Uninsured Amount
CashUninsuredAmount
19800000 usd
CY2021Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
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CY2022Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
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CY2022Q3 us-gaap Unbilled Receivables Current
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CY2021Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
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CY2021Q4 us-gaap Unbilled Receivables Current
UnbilledReceivablesCurrent
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CY2022Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
155000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
155000 usd
CY2022Q3 izea Bad Debt Expense Percentage Of Revenue
BadDebtExpensePercentageOfRevenue
0.0001
izea Bad Debt Expense Percentage Of Revenue
BadDebtExpensePercentageOfRevenue
0.0001
izea Bad Debt Expense Percentage Of Revenue
BadDebtExpensePercentageOfRevenue
0.0001
CY2021Q3 izea Bad Debt Expense Percentage Of Revenue
BadDebtExpensePercentageOfRevenue
0.0001
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of credit risk for accounts receivable have typically been limited because a large number of geographically diverse customers make up the Company’s customer base, thus spreading the trade credit risk. However, the Company’s addition of SaaS customers has increased credit exposure on certain customers who carry significant credit balances related to their marketplace spend. The Company controls credit risk through credit approvals, credit limits, and monitoring procedures. The Company performs credit evaluations of its customers but generally does not require collateral to support accounts receivable. The Company currently has one customer that accounts for 33% of total accounts receivable at September 30, 2022, and no customers that accounted for more than 10% of total accounts receivable at December 31, 2021. The Company had two customers that accounted for 15% and 23%, respectively, of its gross billings during the three months ended September 30, 2022 and two customers that accounted for more than 12% and 12%, respectively, of its gross billings during the three months ended September 30, 2021. The Company had two customers that accounted 11% and 25%, respectively, of its gross billings during the nine months ended September 30, 2022, and one customer that accounted for 13% of its gross billings during the nine months ended September 30, 2021.
CY2021Q3 us-gaap Concentration Risk Customer
ConcentrationRiskCustomer
two
us-gaap Number Of Reporting Units
NumberOfReportingUnits
1 lease
izea Amortizationperiodofsoftwaredevelopmentcosts
Amortizationperiodofsoftwaredevelopmentcosts
P5Y
izea Leaseterm
Leaseterm
P12M
izea Leaseterm
Leaseterm
P12M
izea Invoicepaymentterms
Invoicepaymentterms
P30D
izea Payment Terms For Required Sponsored Social Posting
PaymentTermsForRequiredSponsoredSocialPosting
P45D
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
661145 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
0 shares
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
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CY2022Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
428307 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
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CY2022Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
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CY2021Q4 us-gaap Property Plant And Equipment Net
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us-gaap Depreciation
Depreciation
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6211469 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
6211469 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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6211469 usd
CY2022Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
71455 usd
CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
213263 usd
CY2022Q3 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6282924 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6211469 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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6424732 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
6211469 usd
CY2022Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2021Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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6282924 usd
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
6424732 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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FiniteLivedIntangibleAssetsAccumulatedAmortization
6211469 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
71455 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
213263 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2021Q3 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022Q3 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
71455 usd
CY2022Q3 us-gaap Capitalized Computer Software Gross
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3595410 usd
CY2021Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
3036810 usd
CY2022Q3 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
2330867 usd
CY2021Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
2017210 usd
CY2022Q3 us-gaap Capitalized Computer Software Net
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1264543 usd
CY2021Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
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CY2022Q3 us-gaap Capitalized Computer Software Additions
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281230 usd
us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
558599 usd
CY2022Q3 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
3595410 usd
CY2022Q3 us-gaap Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
1787297 usd
CY2021Q4 us-gaap Accrued Salaries Current And Noncurrent
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CY2022Q3 us-gaap Accrued Income Taxes
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76079 usd
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CY2022Q3 us-gaap Accrued Liabilities Current And Noncurrent
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2045355 usd
CY2021Q4 us-gaap Accrued Liabilities Current And Noncurrent
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2502882 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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63512 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
63512 usd
us-gaap Line Of Credit Facility Collateral Fees Amount
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20000 usd
CY2021Q3 izea Line Of Credit Facility Annual Due Dilligence Fee
LineOfCreditFacilityAnnualDueDilligenceFee
1000 usd
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.08
us-gaap Defined Contribution Plan Employers Matching Contribution Annual Vesting Percentage
DefinedContributionPlanEmployersMatchingContributionAnnualVestingPercentage
0.20
CY2022Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
77970 usd
CY2021Q3 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
45784 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
270035 usd
us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
167312 usd
CY2022Q3 us-gaap Common Stock Shares Authorized
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200000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021 izea Numberofindependentdirectors
Numberofindependentdirectors
6 directors
izea Numberofindependentdirectors
Numberofindependentdirectors
5 directors
izea Percentage Of Restricted Stock Units With Cliff Vesting
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1
izea Percentageofindividualownershipofcommonstock
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10528 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
28335 usd
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
161270 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Grant Date Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGrantDateIntrinsicValue
454123
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
132748 usd
us-gaap Stock Option Plan Expense
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200721 usd
us-gaap Stock Option Plan Expense
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182137 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P1Y11M1D
CY2021Q3 izea Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
61883017 usd
izea Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
62162508 usd
izea Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
59875142 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-906232 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-1400792 usd
us-gaap Net Income Loss
NetIncomeLoss
-3552365 usd
us-gaap Net Income Loss
NetIncomeLoss
-3452134 usd
CY2022Q3 izea Weighted Average Shares Outstanding Basic And Diluted
WeightedAverageSharesOutstandingBasicAndDiluted
62273425 usd
CY2022Q3 izea Basic And Diluted Loss Per Common Share
BasicAndDilutedLossPerCommonShare
-0.01 usd
CY2021Q3 izea Basic And Diluted Loss Per Common Share
BasicAndDilutedLossPerCommonShare
-0.02 usd
izea Basic And Diluted Loss Per Common Share
BasicAndDilutedLossPerCommonShare
-0.06 usd
izea Basic And Diluted Loss Per Common Share
BasicAndDilutedLossPerCommonShare
-0.06 usd
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2664759 shares
CY2021Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2214145 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2467042 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2308946 shares
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10826335 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7734374 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32293682 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19678991 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10826335 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7734374 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
32293682 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19678991 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
8643509 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
7599103 usd
CY2022Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
9236220 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
11338095 usd
CY2022Q2 izea Initial Deposit In Investment Securities
InitialDepositInInvestmentSecurities
60000000 usd
CY2022Q3 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
66147514 usd
izea Unrealized Gains On Investments
UnrealizedGainsOnInvestments
1593 usd
izea Unrealized Loss On Investment
UnrealizedLossOnInvestment
-866188 usd
CY2022Q3 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
67012109 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
20026477 usd
CY2022Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
21879305 usd
CY2022Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
25106327 usd
CY2022Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
21879305 usd
CY2022Q3 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
25106327 usd
CY2022Q3 us-gaap Marketable Securities
MarketableSecurities
46985632 usd
CY2022Q3 us-gaap Investment Owned At Fair Value
InvestmentOwnedAtFairValue
67012109 usd
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-864595 usd
CY2022Q3 us-gaap Securities Borrowed Allowance For Credit Loss
SecuritiesBorrowedAllowanceForCreditLoss
0 usd

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