$JEWL
Adamas One Corp. Stock $jewl

$jewl Overview Financials Valuation SEC Filings Company Website

2023 Q2 Form 10-Q Financial Statement

#000119983523000285 Filed on May 22, 2023

Income Statement

Concept	2023 Q2	2023 Q1	2022 Q1
Revenue	$290.9K	$113.9K	$484.5K
YoY Change	-52.85%	-76.49%
Cost Of Revenue	$217.8K	$45.15K	$146.6K
YoY Change	0.86%	-69.2%
Gross Profit	$73.09K	$68.78K	$337.9K
YoY Change	-81.78%	-79.65%
Gross Profit Margin	25.12%	60.37%	69.74%
Selling, General & Admin	$4.254M	$3.284M	$5.117M
YoY Change	209.84%	-35.83%	-3.15%
% of Gross Profit	5819.56%	4774.67%	1514.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$96.56K	$98.85K	$192.5K
YoY Change		-48.65%	-37.65%
% of Gross Profit	132.1%	143.72%	56.97%
Operating Expenses	$4.549M	$4.988M	$5.310M
YoY Change	197.77%	-6.07%	-5.05%
Operating Profit	-$4.476M	-$4.919M	-$4.972M
YoY Change	297.31%	-1.07%	-11.09%
Interest Expense	$62.38K	$27.13K	-$199.3K
YoY Change	-89.78%	-113.61%	46.26%
% of Operating Profit
Other Income/Expense, Net	$62.38K	$27.13K	$94.68K
YoY Change	-89.78%	-71.34%
Pretax Income	-$4.538M	-$4.946M	-$5.214M
YoY Change	161.26%	-5.14%	-10.92%
Income Tax			$0.00
% Of Pretax Income
Net Earnings	-$4.538M	-$4.946M	-$5.214M
YoY Change	161.26%	-5.14%	-10.92%
Net Earnings / Revenue	-1559.85%	-4341.18%	-1076.16%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.19	-$0.23	-$265.9K
COMMON SHARES
Basic Shares Outstanding	23.11M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q2	2023 Q1	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$650.8K	$905.7K	$90.25K
YoY Change		903.52%
Cash & Equivalents	$650.8K	$905.7K	$90.25K
Short-Term Investments
Other Short-Term Assets			$1.690K
YoY Change
Inventory	$1.146M	$895.0K	$162.3K
Prepaid Expenses
Receivables	$345.8K	$1.394M	$484.5K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$2.142M	$3.195M	$738.7K
YoY Change		332.49%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.862M	$1.943M	$801.7K
YoY Change		142.34%
Goodwill	$5.413M	$5.413M
YoY Change
Intangibles	$444.0K	$462.0K
YoY Change
Long-Term Investments	$1.918M
YoY Change
Other Assets	$47.35K	$12.80K	$12.80K
YoY Change		0.0%
Total Long-Term Assets	$11.03M	$9.199M	$6.762M
YoY Change		36.05%
TOTAL ASSETS
Total Short-Term Assets	$2.142M	$3.195M	$738.7K
Total Long-Term Assets	$11.03M	$9.199M	$6.762M
Total Assets	$13.18M	$12.39M	$7.500M
YoY Change		65.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$3.159M	$2.364M	$2.448M
YoY Change		-3.42%
Deferred Revenue
YoY Change
Short-Term Debt	$2.083M	$472.5K	$6.577M
YoY Change		-92.82%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$8.178M	$7.378M	$15.25M
YoY Change		-51.62%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.186M	$1.196M
YoY Change
Total Long-Term Liabilities	$1.186M	$1.196M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.178M	$7.378M	$15.25M
Total Long-Term Liabilities	$1.186M	$1.196M	$0.00
Total Liabilities	$9.364M	$8.574M	$15.25M
YoY Change		-43.78%
SHAREHOLDERS EQUITY
Retained Earnings	-$59.78M	-$55.24M
YoY Change
Common Stock	$26.02K	$22.51K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.200M	$1.200M
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.812M	$3.820M	-$7.751M
YoY Change
Total Liabilities & Shareholders Equity	$13.18M	$12.39M	$7.500M
YoY Change		65.25%

Cashflow Statement

Concept	2023 Q2	2023 Q1	2022 Q1
OPERATING ACTIVITIES
Net Income	-$4.538M	-$4.946M	-$5.214M
YoY Change	161.26%	-5.14%	-10.92%
Depreciation, Depletion And Amortization	$96.56K	$98.85K	$192.5K
YoY Change		-48.65%	-37.65%
Cash From Operating Activities	-$2.011M	-$2.384M	-$1.284M
YoY Change		85.6%	296.82%
INVESTING ACTIVITIES
Capital Expenditures	$4.600K	$164.6K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$4.600K	-$164.6K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$100.0K
YoY Change			-53.49%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.758M	-1.950K	1.113M
YoY Change		-100.18%	198.08%
NET CHANGE
Cash From Operating Activities	-2.011M	-2.384M	-1.284M
Cash From Investing Activities	-4.600K	-164.6K
Cash From Financing Activities	1.758M	-1.950K	1.113M
Net Change In Cash	-257.5K	-2.551M	-171.6K
YoY Change		1386.58%	-445.49%
FREE CASH FLOW
Cash From Operating Activities	-$2.011M	-$2.384M	-$1.284M
Capital Expenditures	$4.600K	$164.6K
Free Cash Flow	-$2.016M	-$2.549M
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	us-gaap	Treasury Stock Value TreasuryStockValue		usd
CY2023Q1	us-gaap	Severance Costs1 SeveranceCosts1		usd
	dei	Entity Central Index Key EntityCentralIndexKey	0001884072
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent		usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent		usd
	us-gaap	Severance Costs1 SeveranceCosts1		usd
CY2023Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	jewl	Warrants Issued For Conversion WarrantsIssuedForConversion		usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium		usd
	jewl	Allowance For Doubtful Accounts AllowanceForDoubtfulAccounts		usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets		usd
	us-gaap	Increase Decrease In Postemployment Obligations IncreaseDecreaseInPostemploymentObligations		usd
	jewl	Proceeds From Right Of Use Assets Operating Leases Net ProceedsFromRightOfUseAssetsOperatingLeasesNet		usd
	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment		usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity		usd
	us-gaap	Interest Paid InterestPaid		usd
	us-gaap	Interest Paid InterestPaid		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	jewl	Warrants Issued For Conversion WarrantsIssuedForConversion		usd
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1		usd
	jewl	Stock For Board Member Services StockForBoardMemberServices		usd
	jewl	Stock For Lenders Incentive StockForLendersIncentive		usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P11Y10M24D
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-03-31
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-41560
	dei	Entity Registrant Name EntityRegistrantName	ADAMAS ONE CORP.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-1833607
	dei	Entity Address Address Line1 EntityAddressAddressLine1	17767 N. Perimeter Drive
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite B115
	dei	Entity Address City Or Town EntityAddressCityOrTown	Scottsdale
	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85255
	dei	City Area Code CityAreaCode	(480)
	dei	Local Phone Number LocalPhoneNumber	356-8798
	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
	dei	Trading Symbol TradingSymbol	JEWL
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	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	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	23111526	shares
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	905684	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88235	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1394251	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1277368	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	895000	usd
CY2022Q3	us-gaap	Inventory Net InventoryNet	58690	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	3194935	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	1424293	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1942898	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	640002	usd
CY2023Q1	us-gaap	Goodwill Goodwill	5413000	usd
CY2022Q3	us-gaap	Goodwill Goodwill	5413000	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	462000	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	498000	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1368243	usd
CY2023Q1	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	12800	usd
CY2022Q3	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	12800	usd
CY2023Q1	us-gaap	Assets Assets	12393876	usd
CY2022Q3	us-gaap	Assets Assets	7988095	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2364046	usd
CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	442645	usd
CY2023Q1	jewl	Accrued Interest AccruedInterest	158595	usd
CY2022Q3	jewl	Accrued Interest AccruedInterest	509620	usd
CY2023Q1	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	3748710	usd
CY2022Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2924172	usd
CY2023Q1	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	-0	usd
CY2022Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	558658	usd
CY2023Q1	jewl	Working Capital Deficit Asset Purchase WorkingCapitalDeficitAssetPurchase	457912	usd
CY2022Q3	jewl	Working Capital Deficit Asset Purchase WorkingCapitalDeficitAssetPurchase	457912	usd
CY2023Q1	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	472500	usd
CY2022Q3	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	7882500	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	176550	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	7378313	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	12775507	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1195586	usd
CY2023Q1	us-gaap	Liabilities Liabilities	8573899	usd
CY2022Q3	us-gaap	Liabilities Liabilities	12775507	usd
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22506526	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16369423	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22156526	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16369423	shares
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	22505	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	16369	usd
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	350000	shares
CY2022Q3	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	350000	shares
CY2023Q1	us-gaap	Treasury Stock Value TreasuryStockValue	1200000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	60237063	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	36511950	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-55239591	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-41315731	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	3819977	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-4787412	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	12393876	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7988095	usd
CY2023Q1	us-gaap	Revenues Revenues	113931	usd
CY2022Q1	us-gaap	Revenues Revenues	484519	usd
	us-gaap	Revenues Revenues	840056	usd
	us-gaap	Revenues Revenues	484519	usd
CY2023Q1	us-gaap	Cost Of Revenue CostOfRevenue	45152	usd
CY2022Q1	us-gaap	Cost Of Revenue CostOfRevenue	146600	usd
	us-gaap	Cost Of Revenue CostOfRevenue	179998	usd
	us-gaap	Cost Of Revenue CostOfRevenue	146600	usd
CY2023Q1	us-gaap	Gross Profit GrossProfit	68779	usd
CY2022Q1	us-gaap	Gross Profit GrossProfit	337919	usd
	us-gaap	Gross Profit GrossProfit	660058	usd
	us-gaap	Gross Profit GrossProfit	337919	usd
CY2023Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	3283967	usd
CY2022Q1	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	625185	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	5845446	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1288783	usd
CY2023Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	1604775	usd
CY2022Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	3588860	usd
	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	6269590	usd
	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	3828536	usd
CY2022Q1	us-gaap	Severance Costs1 SeveranceCosts1	43000	usd
	us-gaap	Severance Costs1 SeveranceCosts1	43000	usd
CY2023Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	98852	usd
CY2022Q1	us-gaap	Depreciation And Amortization DepreciationAndAmortization	96250	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	197704	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	192500	usd
CY2023Q1	us-gaap	Operating Expenses OperatingExpenses	4987594	usd
CY2022Q1	us-gaap	Operating Expenses OperatingExpenses	4353295	usd
	us-gaap	Operating Expenses OperatingExpenses	12312740	usd
	us-gaap	Operating Expenses OperatingExpenses	5352819	usd
CY2023Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-4918815	usd
CY2022Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	-4015376	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-11652682	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-5014900	usd
CY2023Q1	us-gaap	Interest Expense InterestExpense	27132	usd
CY2022Q1	us-gaap	Interest Expense InterestExpense	94677	usd
	us-gaap	Interest Expense InterestExpense	2271178	usd
	us-gaap	Interest Expense InterestExpense	199314	usd
CY2023Q1	us-gaap	Other Expenses OtherExpenses	27132	usd
CY2022Q1	us-gaap	Other Expenses OtherExpenses	94677	usd
	us-gaap	Other Expenses OtherExpenses	2271178	usd
	us-gaap	Other Expenses OtherExpenses	199314	usd
CY2023Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4945947	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4110053	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-13923860	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5214214	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-4945947	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-4110053	usd
	us-gaap	Net Income Loss NetIncomeLoss	-13923860	usd
	us-gaap	Net Income Loss NetIncomeLoss	-5214214	usd
CY2023Q1	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	21861035	shares
CY2022Q1	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	19377468	shares
	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	19616301	shares
	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	19006812	shares
CY2023Q1	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.23
CY2022Q1	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.21
	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.71
	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.27
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	-6358245	usd
CY2021Q4	jewl	Common Stock Issued To Board Members CommonStockIssuedToBoardMembers	80000	usd
CY2021Q4	jewl	Common Stock Issued For Incentive To Lender CommonStockIssuedForIncentiveToLender	58669	usd
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	-1104161	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	-7323737	usd
CY2022Q1	jewl	Common Stock Issued To Board Members CommonStockIssuedToBoardMembers	80000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	100000	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3400000	usd
CY2022Q1	us-gaap	Conversion Of Stock Amount Issued1 ConversionOfStockAmountIssued1	102832	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-4110053	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-7750958	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-4787412	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	6268399	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3680000	usd
CY2022Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	9132750	usd
CY2022Q4	jewl	Warrants Issued WarrantsIssued	2038000	usd
CY2022Q4	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1200000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	-8977913	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	6153824	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	773000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	1559700	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	279400	usd
CY2023Q1	us-gaap	Net Income Loss NetIncomeLoss	-4945947	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	3819977	usd
	us-gaap	Net Income Loss NetIncomeLoss	-13923860	usd
	us-gaap	Net Income Loss NetIncomeLoss	-5214214	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	6012700	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3618668	usd
	jewl	Stock Issued For Interest StockIssuedForInterest	137798	usd
	jewl	Stock Issued For Interest StockIssuedForInterest	102832	usd
	jewl	Warrants Issued For Conversion WarrantsIssuedForConversion	2038000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	197704	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	192500	usd
	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	36836	usd
	jewl	Allowance For Doubtful Accounts AllowanceForDoubtfulAccounts	72600	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-189483	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-484519	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-836310	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-77274	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	9613	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1921402	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	259727	usd
	jewl	Increase Decrease In Accrued Interest IncreaseDecreaseInAccruedInterest	-351025	usd
	jewl	Increase Decrease In Accrued Interest IncreaseDecreaseInAccruedInterest	59646	usd
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	824538	usd
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	168714	usd
	us-gaap	Increase Decrease In Postemployment Obligations IncreaseDecreaseInPostemploymentObligations	43000	usd
	jewl	Proceeds From Right Of Use Assets Operating Leases Net ProceedsFromRightOfUseAssetsOperatingLeasesNet	3893	usd
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	9831817	usd
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	3929743	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-4092043	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1284471	usd
	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	1464600	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1464600	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	-1000000	usd
	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	945000	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	-558658	usd
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	67898	usd
	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	1200000	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	9132750	usd
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	100000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	6374092	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1112898	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	817449	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-171573	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88235	usd
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	261819	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	905684	usd
CY2022Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	90246	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	6012700	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3618668	usd
	jewl	Stock Issued For Interest StockIssuedForInterest	137798	usd
	jewl	Stock Issued For Interest StockIssuedForInterest	102832	usd
	jewl	Warrants Issued For Conversion WarrantsIssuedForConversion	2038000	usd
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	6155000	usd
	jewl	Stock For Board Member Services StockForBoardMemberServices	160000	usd
	jewl	Stock For Lenders Incentive StockForLendersIncentive	58669	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	129168	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	134060	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	140910	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	1045082	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	1819200	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	355850	usd
CY2023Q1	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.05	pure
CY2023Q1	jewl	Lessee Operating Lease Discount LesseeOperatingLeaseDiscount	-447064	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	1372136	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	4453000	usd
	us-gaap	Debt Conversion Converted Instrument Warrants Or Options Issued1 DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1	666413	shares
	us-gaap	Debt Conversion Original Debt Amount1 DebtConversionOriginalDebtAmount1	4100000	usd
	jewl	Warrants Issued WarrantsIssued	2038000	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3400000	usd
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_840_eus-gaap--ConcentrationRiskCreditRisk_zTOTTIZopao8" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_867_zzEjR5D1Y3z9">Concentrations of Credit Risk</span></span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts at banks are insured by the Federal Deposit Insurance Corporation, or the FDIC, up to $250,000. As of March 31, 2023, our bank account balance exceeded the federally insured limit. We mitigate this exposure by using a high credit financial institution. We have one wholesale customer, representing substantially all of our accounts receivable.</span></p> <p style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt; text-indent: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	823499	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1627304	shares
CY2023Q1	us-gaap	Inventory Finished Goods And Work In Process InventoryFinishedGoodsAndWorkInProcess	295935	usd
CY2023Q1	us-gaap	Other Inventory OtherInventory	354065	usd
CY2023Q1	us-gaap	Other Inventory Materials Supplies And Merchandise Under Consignment OtherInventoryMaterialsSuppliesAndMerchandiseUnderConsignment	245000	usd
CY2023Q1	us-gaap	Deposit Assets DepositAssets	1300000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	161704	usd
CY2022Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	156500	usd
CY2023Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.050	pure
	us-gaap	Operating Lease Cost OperatingLeaseCost	156000	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	191331	usd
CY2023Q1	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	178649	usd
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2022Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2022Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	22506526	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	22156526	shares
CY2022Q4	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3680000	usd
CY2022Q4	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue	1200000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	773000	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	1559700	usd
CY2023Q1	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	279400	usd
CY2023Q1	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	0	usd
CY2022Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	558658	usd

Files In Submission

Name	View Source	Status
0001199835-23-000285-index-headers.html	Edgar Link	pending
0001199835-23-000285-index.html	Edgar Link	pending
0001199835-23-000285.txt	Edgar Link	pending
0001199835-23-000285-xbrl.zip	Edgar Link	pending
ac001_v1.jpg	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
jewl-10q.htm	Edgar Link	pending
jewl-20230331.xsd	Edgar Link	pending
jewl-ex31_1.htm	Edgar Link	pending
jewl-ex31_2.htm	Edgar Link	pending
jewl-ex32_1.htm	Edgar Link	pending
jewl-ex32_2.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
jewl-20230331_lab.xml	Edgar Link	unprocessable
jewl-20230331_pre.xml	Edgar Link	unprocessable
jewl-20230331_cal.xml	Edgar Link	unprocessable
jewl-20230331_def.xml	Edgar Link	unprocessable
jewl-10q_htm.xml	Edgar Link	completed
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

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$JEWL
Adamas One Corp. Stock $jewl

2023 Q2 Form 10-Q Financial Statement

#000119983523000285 Filed on May 22, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JEWL Adamas One Corp. Stock $jewl

2023 Q2 Form 10-Q Financial Statement

#000119983523000285 Filed on May 22, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JEWL
Adamas One Corp. Stock $jewl