$JEWL
Adamas One Corp. Stock $jewl

$jewl Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000119983523000643 Filed on December 29, 2023

Income Statement

Concept	2023 Q4	2023 Q2	2022 Q2
Revenue	$219.8K	$290.9K	$617.1K
YoY Change	-69.73%	-52.85%
Cost Of Revenue	$286.8K	$217.8K	$216.0K
YoY Change	112.66%	0.86%
Gross Profit	-$66.97K	$73.09K	$401.1K
YoY Change	-111.33%	-81.78%
Gross Profit Margin	-30.47%	25.12%	65.0%
Selling, General & Admin	$1.764M	$4.254M	$1.373M
YoY Change	-31.15%	209.84%
% of Gross Profit		5819.56%	342.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$29.77K	$96.56K
YoY Change	-69.88%
% of Gross Profit		132.1%
Operating Expenses	$1.793M	$4.549M	$1.528M
YoY Change	-75.52%	197.77%
Operating Profit	-$1.860M	-$4.476M	-$1.127M
YoY Change	-72.37%	297.31%
Interest Expense	-$316.8K	$62.38K	$610.5K
YoY Change	-114.12%	-89.78%
% of Operating Profit
Other Income/Expense, Net	-$851.2K	$62.38K	$610.5K
YoY Change	-137.93%	-89.78%
Pretax Income	-$3.028M	-$4.538M	-$1.737M
YoY Change	-66.27%	161.26%
Income Tax	$0.00
% Of Pretax Income
Net Earnings	-$3.028M	-$4.538M	-$1.737M
YoY Change	-66.27%	161.26%
Net Earnings / Revenue	-1377.75%	-1559.85%	-281.49%
Basic Earnings Per Share
Diluted Earnings Per Share	-$0.11	-$0.19
COMMON SHARES
Basic Shares Outstanding	27.99M shares	23.11M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q4	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$340.4K	$650.8K
YoY Change	-90.15%
Cash & Equivalents	$340.4K	$650.8K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.456M	$1.146M
Prepaid Expenses
Receivables	$8.180K	$345.8K
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$1.805M	$2.142M
YoY Change	-66.06%
LONG-TERM ASSETS
Property, Plant & Equipment	$3.392M	$1.862M
YoY Change	82.43%
Goodwill		$5.413M
YoY Change
Intangibles		$444.0K
YoY Change
Long-Term Investments	$1.918M	$1.918M
YoY Change
Other Assets	$12.80K	$47.35K
YoY Change	-99.83%
Total Long-Term Assets	$11.14M	$11.03M
YoY Change	21.2%
TOTAL ASSETS
Total Short-Term Assets	$1.805M	$2.142M
Total Long-Term Assets	$11.14M	$11.03M
Total Assets	$12.95M	$13.18M
YoY Change	-10.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$3.707M	$3.159M
YoY Change	101.35%
Deferred Revenue
YoY Change
Short-Term Debt	$3.198M	$2.083M
YoY Change	339.52%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$10.39M	$8.178M
YoY Change	45.81%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.412M	$1.186M
YoY Change	14.94%
Total Long-Term Liabilities	$1.412M	$1.186M
YoY Change	14.94%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.39M	$8.178M
Total Long-Term Liabilities	$1.412M	$1.186M
Total Liabilities	$11.81M	$9.364M
YoY Change	41.27%
SHAREHOLDERS EQUITY
Retained Earnings		-$59.78M
YoY Change
Common Stock		$26.02K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)		$1.200M
YoY Change
Treasury Stock Shares
Shareholders Equity	$1.141M	$3.812M	-$6.711M
YoY Change
Total Liabilities & Shareholders Equity	$12.95M	$13.18M
YoY Change	-10.77%

Cashflow Statement

Concept	2023 Q4	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$3.028M	-$4.538M	-$1.737M
YoY Change	-66.27%	161.26%
Depreciation, Depletion And Amortization	$29.77K	$96.56K
YoY Change	-69.88%
Cash From Operating Activities	-$712.5K	-$2.011M
YoY Change	-58.29%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$4.600K
YoY Change	-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	-$4.600K
YoY Change	-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	1.027M	1.758M
YoY Change	-83.9%
NET CHANGE
Cash From Operating Activities	-712.5K	-2.011M
Cash From Investing Activities	0.000	-4.600K
Cash From Financing Activities	1.027M	1.758M
Net Change In Cash	314.3K	-257.5K
YoY Change	-90.67%
FREE CASH FLOW
Cash From Operating Activities	-$712.5K	-$2.011M
Capital Expenditures	$0.00	$4.600K
Free Cash Flow	-$712.5K	-$2.016M
YoY Change	-76.31%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent		usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent		usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset		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	Q3
CY2022Q3	us-gaap	Investments And Other Noncurrent Assets InvestmentsAndOtherNoncurrentAssets		usd
CY2023Q2	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1		usd
CY2022Q3	us-gaap	Treasury Stock Value TreasuryStockValue		usd
CY2023Q2	us-gaap	Severance Costs1 SeveranceCosts1		usd
CY2022Q2	us-gaap	Severance Costs1 SeveranceCosts1		usd
	us-gaap	Severance Costs1 SeveranceCosts1		usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022Q2	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue		usd
	jewl	Warrants Issued For Conversion WarrantsIssuedForConversion		usd
	jewl	Stock Issued For Loan Inducement StockIssuedForLoanInducement		usd
	jewl	Allowance For Doubtful Accounts AllowanceForDoubtfulAccounts		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
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue		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	Stock Issued For Interest StockIssuedForInterest		usd
	jewl	Conversion Of Debt To Equity ConversionOfDebtToEquity		usd
CY2023Q2	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	2023-06-30
	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
CY2023Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	27993966	shares
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	650781	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88235	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	345770	usd
CY2022Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1277368	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	1145916	usd
CY2022Q3	us-gaap	Inventory Net InventoryNet	58690	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	2142467	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	1424293	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1862046	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	640002	usd
CY2023Q2	us-gaap	Goodwill Goodwill	5413000	usd
CY2022Q3	us-gaap	Goodwill Goodwill	5413000	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	444000	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	498000	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1349144	usd
CY2023Q2	us-gaap	Investments And Other Noncurrent Assets InvestmentsAndOtherNoncurrentAssets	1917673	usd
CY2023Q2	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	47346	usd
CY2022Q3	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	12800	usd
CY2023Q2	us-gaap	Assets Assets	13175676	usd
CY2022Q3	us-gaap	Assets Assets	7988095	usd
CY2023Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	3158734	usd
CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	442645	usd
CY2023Q2	jewl	Accrued Interest AccruedInterest	158687	usd
CY2022Q3	jewl	Accrued Interest AccruedInterest	509620	usd
CY2023Q2	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2169097	usd
CY2022Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2924172	usd
CY2022Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	558658	usd
CY2023Q2	jewl	Working Capital Deficit Asset Purchase WorkingCapitalDeficitAssetPurchase	457912	usd
CY2022Q3	jewl	Working Capital Deficit Asset Purchase WorkingCapitalDeficitAssetPurchase	457912	usd
CY2023Q2	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	2082550	usd
CY2022Q3	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	7882500	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	150782	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	8177762	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	12775507	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1186272	usd
CY2023Q2	us-gaap	Liabilities Liabilities	9364034	usd
CY2022Q3	us-gaap	Liabilities Liabilities	12775507	usd
CY2023Q2	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
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26017818	shares
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16369423	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25667818	shares
CY2022Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	16369423	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	26016	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	16369	usd
CY2023Q2	us-gaap	Treasury Stock Value TreasuryStockValue	1200000	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	64763400	usd
CY2022Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	36511950	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-59777774	usd
CY2022Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-41315731	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	3811642	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-4787412	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13175676	usd
CY2022Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7988095	usd
CY2023Q2	us-gaap	Revenues Revenues	290938	usd
CY2022Q2	us-gaap	Revenues Revenues	617075	usd
	us-gaap	Revenues Revenues	1130994	usd
	us-gaap	Revenues Revenues	1101594	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	217844	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	215976	usd
	us-gaap	Cost Of Revenue CostOfRevenue	397842	usd
	us-gaap	Cost Of Revenue CostOfRevenue	362576	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	73094	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	401099	usd
	us-gaap	Gross Profit GrossProfit	733152	usd
	us-gaap	Gross Profit GrossProfit	739018	usd
CY2023Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4253748	usd
CY2022Q2	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	1372895	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	10099194	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2661678	usd
CY2023Q2	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	196295	usd
CY2022Q2	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	55891	usd
	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	6465885	usd
	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	3884427	usd
	us-gaap	Severance Costs1 SeveranceCosts1	43000	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	98851	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	98852	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	296555	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	291352	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	4548894	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	1527638	usd
	us-gaap	Operating Expenses OperatingExpenses	16861634	usd
	us-gaap	Operating Expenses OperatingExpenses	6880457	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-4475800	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-1126539	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-16128482	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-6141439	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	62383	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	610491	usd
	us-gaap	Interest Expense InterestExpense	2333561	usd
	us-gaap	Interest Expense InterestExpense	809805	usd
CY2023Q2	us-gaap	Other Expenses OtherExpenses	62383	usd
CY2022Q2	us-gaap	Other Expenses OtherExpenses	610491	usd
	us-gaap	Other Expenses OtherExpenses	2333561	usd
	us-gaap	Other Expenses OtherExpenses	809805	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-4538183	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1737030	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-18462043	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-6951244	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-4538183	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-1737030	usd
	us-gaap	Net Income Loss NetIncomeLoss	-18462043	usd
	us-gaap	Net Income Loss NetIncomeLoss	-6951244	usd
CY2023Q2	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	23668106	shares
CY2022Q2	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	19686685	shares
	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	20966902	shares
	jewl	Weighted Average Number Of Share Outstanding Basic And Diluted1 WeightedAverageNumberOfShareOutstandingBasicAndDiluted1	19223436	shares
CY2023Q2	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.19
CY2022Q2	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.09
	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.88
	jewl	Earnings Per Share Basic And Diluted1 EarningsPerShareBasicAndDiluted1	-0.36
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
CY2022Q2	jewl	Common Stock Issued To Board Members CommonStockIssuedToBoardMembers	80000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	960000	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-1737030	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-6710958	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
CY2021Q4	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
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	1248816	usd
CY2023Q2	jewl	Common Stock Issued To Board Members CommonStockIssuedToBoardMembers	246150	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	2423829	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	206440	usd
CY2023Q2	jewl	Common Stock Issued For Ownership In Strategic Entity CommonStockIssuedForOwnershipInStrategicEntity	163907	usd
CY2023Q2	jewl	Common Stock Issued For Inducement To Lenders CommonStockIssuedForInducementToLenders	240707	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-4538183	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	3811642	usd
	us-gaap	Net Income Loss NetIncomeLoss	-18462043	usd
	us-gaap	Net Income Loss NetIncomeLoss	-6951244	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	9931494	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	4761501	usd
	jewl	Warrants Issued For Conversion WarrantsIssuedForConversion	2038000	usd
	jewl	Stock Issued For Loan Inducement StockIssuedForLoanInducement	240707	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	296555	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	291352	usd
	jewl	Allowance For Doubtful Accounts AllowanceForDoubtfulAccounts	1300000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-368402	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1026594	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1087225	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	23265	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-34546	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	10714	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	2666089	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	391300	usd
	jewl	Increase Decrease In Accrued Interest IncreaseDecreaseInAccruedInterest	13061	usd
	jewl	Increase Decrease In Accrued Interest IncreaseDecreaseInAccruedInterest	706973	usd
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-705074	usd
	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	197305	usd
	us-gaap	Increase Decrease In Postemployment Obligations IncreaseDecreaseInPostemploymentObligations	43000	usd
	jewl	Proceeds From Right Of Use Assets Operating Leases Net ProceedsFromRightOfUseAssetsOperatingLeasesNet	-12089	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6101146	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1552428	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	754200	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	245609	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	8128292	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1290609	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	562546	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-261819	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
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	650781	usd
	jewl	Stock Issued For Interest StockIssuedForInterest	169756	usd
	jewl	Conversion Of Debt To Equity ConversionOfDebtToEquity	6554151	usd
CY2023Q2	us-gaap	Deposit Assets DepositAssets	1300000	usd
	us-gaap	Depreciation Depreciation	242556	usd
	us-gaap	Depreciation Depreciation	237352	usd
	jewl	Shares Issued In Value For Incentive To Lenders SharesIssuedInValueForIncentiveToLenders	240707	usd
	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	5700000000	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	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_84D_eus-gaap--ConcentrationRiskCreditRisk_zUeWDxj7XUOf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86E_zCxVKEOgrIz6">Concentrations of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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-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 June 30, 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 our accounts receivable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q2	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	1248816	usd
CY2023Q2	jewl	Common Stock Issued To Board Members CommonStockIssuedToBoardMembers	246150	usd
	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	2423829	usd
	us-gaap	Debt Conversion Converted Instrument Shares Issued1 DebtConversionConvertedInstrumentSharesIssued1	105000	shares
	us-gaap	Debt Conversion Converted Instrument Amount1 DebtConversionConvertedInstrumentAmount1	206440	usd
	jewl	Shares Issued For Incentive To Lenders SharesIssuedForIncentiveToLenders	225000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	883132	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1994979	shares
CY2023Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	608500	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	537416	usd
CY2022Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	26833	usd
CY2022Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	31857	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1862046	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	640002	usd
CY2023Q2	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.050	pure
	us-gaap	Operating Lease Cost OperatingLeaseCost	318587	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	37635	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	157305	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	164395	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	164395	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	164395	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	954826	usd
CY2023Q2	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	1642951	usd
CY2023Q2	us-gaap	Lessee Operating Lease Discount Rate LesseeOperatingLeaseDiscountRate	0.05	pure
CY2023Q2	jewl	Lessee Operating Lease Discount LesseeOperatingLeaseDiscount	-305897	usd
CY2023Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	1337054	usd
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	26017818	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	25667818	shares
CY2022Q4	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3680000	usd
	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
	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	279400	usd
CY2022Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	558658	usd

Files In Submission

Name	View Source	Status
jewl-20230630_def.xml	Edgar Link	unprocessable
0001199835-23-000643-index-headers.html	Edgar Link	pending
0001199835-23-000643-index.html	Edgar Link	pending
0001199835-23-000643.txt	Edgar Link	pending
0001199835-23-000643-xbrl.zip	Edgar Link	pending
ac001_v1.jpg	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
jewl-10q.htm	Edgar Link	pending
jewl-20230630.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
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R10.htm	Edgar Link	pending
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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
FilingSummary.xml	Edgar Link	unprocessable
jewl-20230630_cal.xml	Edgar Link	unprocessable
jewl-20230630_pre.xml	Edgar Link	unprocessable
jewl-20230630_lab.xml	Edgar Link	unprocessable
jewl-10q_htm.xml	Edgar Link	completed
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.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

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$JEWL
Adamas One Corp. Stock $jewl

2023 Q4 Form 10-Q Financial Statement

#000119983523000643 Filed on December 29, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JEWL Adamas One Corp. Stock $jewl

2023 Q4 Form 10-Q Financial Statement

#000119983523000643 Filed on December 29, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JEWL
Adamas One Corp. Stock $jewl