$JEWL
Adamas One Corp. Stock $jewl

$jewl Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-K Financial Statement

#000119983524000368 Filed on August 21, 2024

Income Statement

Concept	2023 Q3	2023	2022
Revenue	$1.008M	$1.008M	$1.789M
YoY Change	-43.66%	-43.66%
Cost Of Revenue	$253.1K	$253.1K	$603.3K
YoY Change	-58.04%	-58.04%
Gross Profit	$754.6K	$754.6K	$1.185M
YoY Change	-36.34%	-36.34%
Gross Profit Margin	74.88%	74.88%	66.27%
Selling, General & Admin	$17.47M	$11.02M	$9.732M
YoY Change	79.52%	13.21%	-8.21%
% of Gross Profit	2315.15%	1459.99%	820.98%
Research & Development		$200.0K	$220.0K
YoY Change		-9.09%
% of Gross Profit		26.5%	18.56%
Depreciation & Amortization	$133.3K	$357.8K	$390.2K
YoY Change	-32.58%	-8.29%	-66.48%
% of Gross Profit	17.66%	47.42%	32.92%
Operating Expenses	$17.90M	$20.82M	$10.12M
YoY Change	76.85%	105.72%	-13.97%
Operating Profit	-$17.15M	-$20.07M	-$8.936M
YoY Change	91.86%	124.56%	-24.05%
Interest Expense	-$438.3K	$438.3K	-$2.131M
YoY Change	-79.44%	-120.56%	561.0%
% of Operating Profit
Other Income/Expense, Net	-$2.038M	$2.476M	$2.131M
YoY Change		16.18%
Pretax Income	-$22.54M	-$22.54M	-$11.07M
YoY Change	103.69%	103.69%	-8.63%
Income Tax	$0.00		$0.00
% Of Pretax Income
Net Earnings	-$22.54M	-$22.54M	-$11.07M
YoY Change	103.69%	103.69%	-8.63%
Net Earnings / Revenue	-2237.15%	-2237.16%	-618.79%
Basic Earnings Per Share
Diluted Earnings Per Share	-$1.01	-$1.01	-$599.5K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept	2023 Q3	2023	2022
SHORT-TERM ASSETS
Cash & Short-Term Investments	$26.09K	$26.09K	$88.24K
YoY Change	-70.43%	-70.43%	-66.3%
Cash & Equivalents	$26.09K	$26.09K	$88.24K
Short-Term Investments
Other Short-Term Assets			$0.00
YoY Change			-100.0%
Inventory	$1.555M	$1.555M	$58.69K
Prepaid Expenses
Receivables	$80.35K	$80.35K	$1.277M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$1.662M	$1.662M	$1.424M
YoY Change	16.67%	16.67%	297.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.786M	$3.463M	$640.0K
YoY Change	179.02%	441.15%	-33.21%
Goodwill	$5.413M
YoY Change	0.0%
Intangibles	$426.0K
YoY Change	-14.46%
Long-Term Investments	$1.918M	$1.918M
YoY Change
Other Assets	$12.80K	$12.80K	$12.80K
YoY Change	0.0%	0.0%	0.0%
Total Long-Term Assets	$11.23M	$11.23M	$6.564M
YoY Change	71.13%	71.13%	-5.61%
TOTAL ASSETS
Total Short-Term Assets	$1.662M	$1.662M	$1.424M
Total Long-Term Assets	$11.23M	$11.23M	$6.564M
Total Assets	$12.89M	$12.89M	$7.988M
YoY Change	61.42%	61.42%	9.24%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses	$1.015M	$2.398M	$3.876M
YoY Change	-73.81%	-38.15%	97.8%
Deferred Revenue
YoY Change
Short-Term Debt	$2.196M	$2.196M	$8.441M
YoY Change	-73.99%	-73.99%	52.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$8.272M	$8.272M	$12.78M
YoY Change	-35.25%	-35.25%	-6.55%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.499M	$1.499M
YoY Change
Total Long-Term Liabilities	$1.499M	$1.499M	$0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$8.272M	$8.272M	$12.78M
Total Long-Term Liabilities	$1.499M	$1.499M	$0.00
Total Liabilities	$9.771M	$9.771M	$12.78M
YoY Change	-23.52%	-23.52%	-6.55%
SHAREHOLDERS EQUITY
Retained Earnings	-$63.60M
YoY Change	53.95%
Common Stock	$27.56K
YoY Change	68.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.200M
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.123M	$3.123M	-$4.787M
YoY Change
Total Liabilities & Shareholders Equity	$12.89M	$12.89M	$7.988M
YoY Change	61.42%	61.42%	9.24%

Cashflow Statement

Concept	2023 Q3	2023	2022
OPERATING ACTIVITIES
Net Income	-$22.54M	-$22.54M	-$11.07M
YoY Change	103.69%	103.69%	-8.63%
Depreciation, Depletion And Amortization	$133.3K	$357.8K	$390.2K
YoY Change	-32.58%	-8.29%	-66.48%
Cash From Operating Activities	-$665.9K	-$6.767M	-$3.150M
YoY Change	-64.31%	114.81%	42.48%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$1.465M	$0.00
YoY Change			-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	-$1.465M	$0.00
YoY Change			-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$100.0K
YoY Change			-76.47%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	41.19K	$8.169M	2.977M
YoY Change	-97.79%	174.46%	10.17%
NET CHANGE
Cash From Operating Activities	-665.9K	-$6.767M	-3.150M
Cash From Investing Activities	0.000	-$1.465M	0.000
Cash From Financing Activities	41.19K	$8.169M	2.977M
Net Change In Cash	-624.7K	-$62.15K	-173.6K
YoY Change	30978.61%	-64.2%	-166.35%
FREE CASH FLOW
Cash From Operating Activities	-$665.9K	-$6.767M	-$3.150M
Capital Expenditures	$0.00	$1.465M	$0.00
Free Cash Flow	-$665.9K	-$8.232M	-$3.150M
YoY Change	-64.31%	161.31%	58.97%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q3	dei	Entity Public Float EntityPublicFloat	0	usd
CY2022Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset		usd
CY2022Q3	us-gaap	Investments And Other Noncurrent Assets InvestmentsAndOtherNoncurrentAssets		usd
CY2022Q3	jewl	Warrant Liability WarrantLiability		usd
CY2022Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent		usd
CY2022Q3	jewl	Contingent Consideration For Debt Compliance ContingentConsiderationForDebtCompliance		usd
CY2022Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent		usd
CY2022Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent		usd
CY2022Q3	us-gaap	Treasury Stock Value TreasuryStockValue		usd
CY2022Q3	jewl	Shares To Be Issued Strategic Entity SharesToBeIssuedStrategicEntity		usd
CY2022	jewl	Contingent Consideration For Debt Compliances ContingentConsiderationForDebtCompliances		usd
CY2022	jewl	Warrant Issuance Expense WarrantIssuanceExpense		usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		usd
CY2022	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue		usd
CY2022	us-gaap	Stock Repurchased And Retired During Period Value StockRepurchasedAndRetiredDuringPeriodValue		usd
CY2023	jewl	Common Stock Issued For Loan Modifications CommonStockIssuedForLoanModifications		usd
CY2023	us-gaap	Conversion Of Stock Amount Issued1 ConversionOfStockAmountIssued1		usd
CY2022	jewl	Warrant Issuance Expense WarrantIssuanceExpense		usd
CY2022	jewl	Contingent Consideration For Debt Compliances ContingentConsiderationForDebtCompliances		usd
CY2023	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets		usd
CY2023	us-gaap	Increase Decrease In Postemployment Obligations IncreaseDecreaseInPostemploymentObligations		usd
CY2022	jewl	Increase Decrease In Accrued Warrant Expenses IncreaseDecreaseInAccruedWarrantExpenses		usd
CY2022	jewl	Proceeds From Right Of Use Assets Operating Leases Net ProceedsFromRightOfUseAssetsOperatingLeasesNet		usd
CY2022	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment		usd
CY2022	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity		usd
CY2023	jewl	Waiver Of Severance Liability WaiverOfSeveranceLiability		usd
CY2022	jewl	Common Stock Issued For Ownership In Strategic Entity CommonStockIssuedForOwnershipInStrategicEntity		usd
CY2022	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	220000	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Remaining Lease Term1 OperatingLeaseWeightedAverageRemainingLeaseTerm1	P3Y9M18D
CY2023Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet		usd
CY2022Q3	us-gaap	Deferred Tax Assets Liabilities Net DeferredTaxAssetsLiabilitiesNet		usd
CY2023	dei	Document Type DocumentType	10-K
CY2023	dei	Document Annual Report DocumentAnnualReport	true
CY2023	dei	Document Period End Date DocumentPeriodEndDate	2023-09-30
CY2023	dei	Document Transition Report DocumentTransitionReport	false
CY2023	dei	Entity Registrant Name EntityRegistrantName	ADAMAS ONE CORP.
CY2023	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	NV
CY2023	dei	Entity File Number EntityFileNumber	001-41560
CY2023	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	83-1833607
CY2023	dei	Entity Address Address Line1 EntityAddressAddressLine1	17767 N. Perimeter Drive
CY2023	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite B115
CY2023	dei	Entity Address City Or Town EntityAddressCityOrTown	Scottsdale
CY2023	dei	Entity Address State Or Province EntityAddressStateOrProvince	AZ
CY2023	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	85255
CY2023	dei	City Area Code CityAreaCode	(480)
CY2023	dei	Local Phone Number LocalPhoneNumber	356-8798
CY2023	dei	Security12b Title Security12bTitle	Common Stock, $0.001 par value
CY2023	dei	Trading Symbol TradingSymbol	JEWL
CY2023	dei	Security Exchange Name SecurityExchangeName	NASDAQ
CY2023	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2023	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2023	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023	dei	Entity Small Business EntitySmallBusiness	true
CY2023	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2023	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2023	dei	Entity Shell Company EntityShellCompany	false
CY2024Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	37972648	shares
CY2023	dei	Auditor Name AuditorName	Turner, Stone & Company, LLP
CY2023	dei	Auditor Firm AuditorFirmId	76
CY2023	dei	Auditor Location AuditorLocation	Dallas, Texas
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	26088	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88235	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	80347	usd
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CY2022Q3	us-gaap	Inventory Net InventoryNet	58690	usd
CY2023Q3	us-gaap	Assets Current AssetsCurrent	1661657	usd
CY2022Q3	us-gaap	Assets Current AssetsCurrent	1424293	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1785753	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	640002	usd
CY2023Q3	us-gaap	Goodwill Goodwill	5413000	usd
CY2022Q3	us-gaap	Goodwill Goodwill	5413000	usd
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	426000	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	498000	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	1677628	usd
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CY2022Q3	us-gaap	Other Assets Miscellaneous Noncurrent OtherAssetsMiscellaneousNoncurrent	12800	usd
CY2023Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	11232854	usd
CY2022Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	5923800	usd
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CY2023Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1015050	usd
CY2022Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	686910	usd
CY2023Q3	jewl	Accrued Interest AccruedInterest	95197	usd
CY2022Q3	jewl	Accrued Interest AccruedInterest	509620	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1130074	usd
CY2022Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2679907	usd
CY2023Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	-0	usd
CY2022Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	558658	usd
CY2023Q3	us-gaap	Assumed Liability For Unpaid Claims And Claims Adjustment Expense AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	457912	usd
CY2022Q3	us-gaap	Assumed Liability For Unpaid Claims And Claims Adjustment Expense AssumedLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense	457912	usd
CY2023Q3	jewl	Warrant Liability WarrantLiability	298839	usd
CY2023Q3	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	2195708	usd
CY2022Q3	us-gaap	Notes And Loans Payable Current NotesAndLoansPayableCurrent	7882500	usd
CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	157286	usd
CY2023Q3	jewl	Contingent Consideration For Debt Compliance ContingentConsiderationForDebtCompliance	2922280	usd
CY2023Q3	us-gaap	Liabilities Current LiabilitiesCurrent	8272346	usd
CY2022Q3	us-gaap	Liabilities Current LiabilitiesCurrent	12775507	usd
CY2023Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	1498674	usd
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CY2023Q3	us-gaap	Liabilities Liabilities	9771020	usd
CY2022Q3	us-gaap	Liabilities Liabilities	12775507	usd
CY2023Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
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CY2023Q3	us-gaap	Common Stock Value CommonStockValue	27564	usd
CY2022Q3	us-gaap	Common Stock Value CommonStockValue	16369	usd
CY2023	us-gaap	Revenues Revenues	1007705	usd
CY2022	us-gaap	Revenues Revenues	1788642	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	253108	usd
CY2022	us-gaap	Cost Of Revenue CostOfRevenue	603276	usd
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CY2022	us-gaap	Gross Profit GrossProfit	1185366	usd
CY2023	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	11017046	usd
CY2022	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	4718751	usd
CY2023	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	6453045	usd
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CY2023	us-gaap	Operating Income Loss OperatingIncomeLoss	-20067623	usd
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CY2023	us-gaap	Interest Expense InterestExpense	438317	usd
CY2022	us-gaap	Interest Expense InterestExpense	2131407	usd
CY2023	us-gaap	Other Expenses OtherExpenses	2476317	usd
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CY2023	us-gaap	Depreciation And Amortization DepreciationAndAmortization	429849	usd
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CY2023	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	67825	usd
CY2022	us-gaap	Amortization Of Debt Discount Premium AmortizationOfDebtDiscountPremium	36836	usd
CY2023	jewl	Allowance For Doubtful Accounts AllowanceForDoubtfulAccounts	1477200	usd
CY2022	jewl	Allowance For Doubtful Accounts AllowanceForDoubtfulAccounts	283250	usd
CY2023	jewl	Contingent Consideration For Debt Compliances ContingentConsiderationForDebtCompliances	2922280	usd
CY2023	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-280179	usd
CY2022	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-1560618	usd
CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-1496531	usd
CY2022	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	26310	usd
CY2022	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	11306	usd
CY2023	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	289139	usd
CY2022	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	411997	usd
CY2023	jewl	Increase Decrease In Accrued Interest IncreaseDecreaseInAccruedInterest	161470	usd
CY2022	jewl	Increase Decrease In Accrued Interest IncreaseDecreaseInAccruedInterest	237538	usd
CY2023	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	-1549832	usd
CY2022	us-gaap	Increase Decrease In Accrued Salaries IncreaseDecreaseInAccruedSalaries	1267152	usd
CY2022	us-gaap	Increase Decrease In Postemployment Obligations IncreaseDecreaseInPostemploymentObligations	43000	usd
CY2023	jewl	Increase Decrease In Accrued Warrant Expenses IncreaseDecreaseInAccruedWarrantExpenses	298839	usd
CY2023	jewl	Proceeds From Right Of Use Assets Operating Leases Net ProceedsFromRightOfUseAssetsOperatingLeasesNet	-21668	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6767023	usd
CY2022	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3150192	usd
CY2023	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	1464600	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1464600	usd
CY2023	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	795384	usd
CY2022	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	2765000	usd
CY2023	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	-558658	usd
CY2022	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	111608	usd
CY2023	us-gaap	Payments For Repurchase Of Other Equity PaymentsForRepurchaseOfOtherEquity	1200000	usd
CY2023	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	9132750	usd
CY2022	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	100000	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	8169476	usd
CY2022	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2976608	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-62147	usd
CY2022	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-173584	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
CY2023Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	26088	usd
CY2022Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	88235	usd
CY2023	jewl	Stock Issued For Debt StockIssuedForDebt	6870490	usd
CY2022	jewl	Stock Issued For Debt StockIssuedForDebt	102831	usd
CY2022	jewl	Waiver Of Severance Liability WaiverOfSeveranceLiability	5768000	usd
CY2023	jewl	Common Stock Issued For Ownership In Strategic Entity CommonStockIssuedForOwnershipInStrategicEntity	390362	usd
CY2023	us-gaap	Prior Period Reclassification Adjustment Description PriorPeriodReclassificationAdjustmentDescription	<p id="xdx_847_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zQDXE2h4Rmn7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_865_zfIuaRqRRxCk">Reclassification</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior period amounts in the balance sheet, statement of cash flows and accompanying notes have been reclassified to conform to the current periods presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84B_eus-gaap--UseOfEstimates_zLjyE1hZEO2l" 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_867_ze8Uyy0YoSG4">Use of Estimates</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"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made in preparing the financial statements include, but are not limited to, the following: collectability of accounts receivable, the potential impairment of goodwill, valuation of deferred tax assets, carrying value of inventories, useful lives and recovery of equipment and other intangible assets, debt discounts and valuations, and valuation of stock-based compensation.</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>
CY2021Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	2420000	usd
CY2021Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-1850000	usd
CY2021Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	570000	usd
CY2022	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	72000	usd
CY2022Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	498000	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	72000	usd
CY2023Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	426000	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	200000	usd
CY2023	us-gaap	Stock Issued During Period Shares Employee Benefit Plan StockIssuedDuringPeriodSharesEmployeeBenefitPlan	1933500	shares
CY2023	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	5994067	usd
CY2022	us-gaap	Stock Issued During Period Shares Employee Benefit Plan StockIssuedDuringPeriodSharesEmployeeBenefitPlan	850000	shares
CY2022	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3400000	usd
CY2023	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<p id="xdx_846_eus-gaap--ConcentrationRiskCreditRisk_zFTMAdP7bFuc" style="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_867_zkKIkQF3mrza">Concentrations of Credit Risk</span></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"><b> </b></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 September 30, 2023, and September 30, 2022 our bank account balances did not exceed the federally insured limit.</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>
CY2023	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1712088	shares
CY2022	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1994979	shares
CY2023Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	903409	usd
CY2023Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	651813	usd
CY2022Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	26833	usd
CY2022Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	31857	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1785753	usd
CY2022Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	640002	usd
CY2023	us-gaap	Depreciation Depreciation	357849	usd
CY2022	us-gaap	Depreciation Depreciation	318204	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	1130074	usd
CY2022Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	2679907	usd
CY2023Q3	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.080	pure
CY2023	us-gaap	Operating Lease Cost OperatingLeaseCost	56000	usd
CY2022	us-gaap	Operating Lease Cost OperatingLeaseCost	43000	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due Current OperatingLeasesFutureMinimumPaymentsDueCurrent	285735	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due In Two Years OperatingLeasesFutureMinimumPaymentsDueInTwoYears	296032	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due In Three Years OperatingLeasesFutureMinimumPaymentsDueInThreeYears	299323	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due In Four Years OperatingLeasesFutureMinimumPaymentsDueInFourYears	302696	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due In Five Years OperatingLeasesFutureMinimumPaymentsDueInFiveYears	295714	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due Thereafter OperatingLeasesFutureMinimumPaymentsDueThereafter	788787	usd
CY2023Q3	us-gaap	Operating Leases Future Minimum Payments Due OperatingLeasesFutureMinimumPaymentsDue	2268287	usd
CY2023Q3	jewl	Lessee Operating Lease Discount LesseeOperatingLeaseDiscount	612328	usd
CY2023Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	1655959	usd
CY2023	us-gaap	Payments To Employees PaymentsToEmployees	1968380	usd
CY2022	us-gaap	Increase Decrease In Postemployment Obligations IncreaseDecreaseInPostemploymentObligations	43000	usd
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	27215966	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	27215966	shares
CY2023	us-gaap	Stock Issued During Period Value Conversion Of Units StockIssuedDuringPeriodValueConversionOfUnits	6870490	usd
CY2023	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	9132750	usd
CY2023	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	5994067	usd
CY2023	jewl	Common Stock Issued For Inducement To Lenders CommonStockIssuedForInducementToLenders	304445	usd
CY2022Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	16369423	shares
CY2022	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	100000	usd
CY2022	us-gaap	Conversion Of Stock Amount Issued1 ConversionOfStockAmountIssued1	102832	usd
CY2022	us-gaap	Stock Issued During Period Value Employee Benefit Plan StockIssuedDuringPeriodValueEmployeeBenefitPlan	3400000	usd
CY2023Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	0	usd
CY2022Q3	jewl	Notes Payable Related Parties Classified Current1 NotesPayableRelatedPartiesClassifiedCurrent1	558658	usd
CY2023Q3	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	11294395	usd
CY2022Q3	us-gaap	Deferred Tax Assets Operating Loss Carryforwards DeferredTaxAssetsOperatingLossCarryforwards	6322519	usd
CY2023Q3	jewl	Deferred Tax Assets Accrued Severance And Compensation DeferredTaxAssetsAccruedSeveranceAndCompensation	10994943	usd
CY2022Q3	jewl	Deferred Tax Assets Accrued Severance And Compensation DeferredTaxAssetsAccruedSeveranceAndCompensation	6260716	usd
CY2023Q3	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	-10994943	usd
CY2022Q3	us-gaap	Deferred Tax Assets Gross DeferredTaxAssetsGross	-6260716	usd
CY2023	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.210	pure
CY2023	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.21	pure
CY2022	us-gaap	Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance	-0.210	pure
CY2023Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	53	usd
CY2022Q3	us-gaap	Operating Loss Carryforwards OperatingLossCarryforwards	29300000	usd

Files In Submission

Name	View Source	Status
0001199835-24-000368-index-headers.html	Edgar Link	pending
0001199835-24-000368-index.html	Edgar Link	pending
0001199835-24-000368.txt	Edgar Link	pending
0001199835-24-000368-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
jewl-10k.htm	Edgar Link	pending
jewl-20230930.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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R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
jewl-20230930_cal.xml	Edgar Link	unprocessable
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jewl-20230930_pre.xml	Edgar Link	unprocessable
jewl-10k_htm.xml	Edgar Link	completed
R41.htm	Edgar Link	pending
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R45.htm	Edgar Link	pending
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R48.htm	Edgar Link	pending
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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 Q3 Form 10-K Financial Statement

#000119983524000368 Filed on August 21, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JEWL Adamas One Corp. Stock $jewl

2023 Q3 Form 10-K Financial Statement

#000119983524000368 Filed on August 21, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$JEWL
Adamas One Corp. Stock $jewl