2021 Q3 Form 10-Q Financial Statement
#000147793221008042 Filed on November 12, 2021
Income Statement
Concept | 2021 Q3 | 2020 Q4 | 2020 Q3 |
---|---|---|---|
Revenue | $1.949M | $1.260M | $735.6K |
YoY Change | 165.01% | 273.5% | -43.55% |
Cost Of Revenue | $1.354M | $909.2K | $331.9K |
YoY Change | 308.02% | 273.47% | -59.45% |
Gross Profit | $595.3K | $350.5K | $403.7K |
YoY Change | 47.45% | 273.57% | -16.69% |
Gross Profit Margin | 30.54% | 27.82% | 54.89% |
Selling, General & Admin | $257.6K | $534.6K | $194.3K |
YoY Change | 32.59% | -11.5% | -79.19% |
% of Gross Profit | 43.28% | 152.56% | 48.13% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $500.00 | $500.00 | $510.00 |
YoY Change | -1.96% | 85.19% | 88.89% |
% of Gross Profit | 0.08% | 0.14% | 0.13% |
Operating Expenses | $581.6K | $534.6K | $500.6K |
YoY Change | 16.18% | -11.5% | -46.37% |
Operating Profit | $13.66K | -$184.2K | -$96.88K |
YoY Change | -114.1% | -63.91% | -78.42% |
Interest Expense | $221.9K | $2.176M | $67.95K |
YoY Change | 226.54% | -61.73% | -101.24% |
% of Operating Profit | 1624.19% | ||
Other Income/Expense, Net | -$126.0K | $0.00 | -$2.069M |
YoY Change | -93.91% | -6896136.67% | |
Pretax Income | -$112.3K | $2.337M | -$2.166M |
YoY Change | -94.81% | -54.83% | -63.57% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$112.3K | $2.337M | -$2.166M |
YoY Change | -94.81% | -54.83% | -63.57% |
Net Earnings / Revenue | -5.76% | 185.56% | -294.41% |
Basic Earnings Per Share | $0.00 | -$0.03 | |
Diluted Earnings Per Share | $0.00 | $33.80K | -$0.03 |
COMMON SHARES | |||
Basic Shares Outstanding | 73.65M shares | 62.80M shares | |
Diluted Shares Outstanding | 73.65M shares | 62.80M shares |
Balance Sheet
Concept | 2021 Q3 | 2020 Q4 | 2020 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $612.2K | $489.6K | $599.0K |
YoY Change | 2.2% | 7.92% | -18.27% |
Cash & Equivalents | $612.1K | $489.6K | $599.0K |
Short-Term Investments | |||
Other Short-Term Assets | $13.85K | $148.5K | $124.5K |
YoY Change | -88.88% | -40.98% | 44.86% |
Inventory | $231.7K | $189.4K | $151.7K |
Prepaid Expenses | $13.85K | $148.5K | |
Receivables | $630.7K | $292.8K | $309.8K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $1.488M | $1.120M | $1.185M |
YoY Change | 25.61% | 11.97% | -9.86% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.836K | $3.348K | $3.850K |
YoY Change | -52.31% | -85.17% | -87.93% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $1.836K | $3.348K | $3.850K |
YoY Change | -52.31% | -85.17% | -87.93% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.488M | $1.120M | $1.185M |
Total Long-Term Assets | $1.836K | $3.348K | $3.850K |
Total Assets | $1.490M | $1.124M | $1.189M |
YoY Change | 25.36% | 9.83% | -11.71% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $456.8K | $279.2K | $256.4K |
YoY Change | 78.17% | -19.73% | -42.6% |
Accrued Expenses | $1.943M | $2.075M | $1.823M |
YoY Change | 6.6% | 6.3% | -6.91% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $783.7K |
YoY Change | -100.0% | -100.0% | 110.97% |
Long-Term Debt Due | $654.0K | $918.4K | $367.0K |
YoY Change | 78.24% | -24.1% | -0.82% |
Total Short-Term Liabilities | $4.808M | $6.681M | $8.063M |
YoY Change | -40.38% | 23.48% | -26.91% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $848.7K | $147.9K | $304.6K |
YoY Change | 178.61% | ||
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Total Long-Term Liabilities | $848.7K | $147.9K | $304.6K |
YoY Change | 178.61% | -32.75% | 13.61% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $4.808M | $6.681M | $8.063M |
Total Long-Term Liabilities | $848.7K | $147.9K | $304.6K |
Total Liabilities | $5.656M | $6.829M | $8.368M |
YoY Change | -32.4% | 21.28% | -25.95% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$10.94M | -$11.13M | |
YoY Change | |||
Common Stock | $73.65K | $66.37K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$4.422M | -$5.705M | -$7.179M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.490M | $1.124M | $1.189M |
YoY Change | 25.36% | 9.83% | -11.71% |
Cashflow Statement
Concept | 2021 Q3 | 2020 Q4 | 2020 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$112.3K | $2.337M | -$2.166M |
YoY Change | -94.81% | -54.83% | -63.57% |
Depreciation, Depletion And Amortization | $500.00 | $500.00 | $510.00 |
YoY Change | -1.96% | 85.19% | 88.89% |
Cash From Operating Activities | -$474.5K | -$186.6K | -$223.8K |
YoY Change | 112.01% | -62.25% | -61.11% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 328.3K | 77.16K | 271.6K |
YoY Change | 20.89% | -64.11% | 246.63% |
NET CHANGE | |||
Cash From Operating Activities | -474.5K | -186.6K | -223.8K |
Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
Cash From Financing Activities | 328.3K | 77.16K | 271.6K |
Net Change In Cash | -146.2K | -109.4K | 47.76K |
YoY Change | -406.07% | -60.81% | -109.61% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$474.5K | -$186.6K | -$223.8K |
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$223.8K | ||
YoY Change |
Facts In Submission
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Cash And Cash Equivalents At Carrying Value
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|
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Preferred Stock Shares Authorized
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Preferred Stock Par Or Stated Value Per Share
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|
0.001 | |
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Preferred Stock Shares Issued
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|
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CY2020Q4 | us-gaap |
Common Stock Value
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Additional Paid In Capital
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Additional Paid In Capital
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Retained Earnings Accumulated Deficit
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Stockholders Equity
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Revenues
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Revenues
Revenues
|
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Revenues
Revenues
|
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Cost Of Goods And Services Sold
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Cost Of Goods And Services Sold
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Cost Of Goods And Services Sold
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|
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Gross Profit
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Gross Profit
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Salaries And Wages
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|
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CY2020Q3 | us-gaap |
Selling General And Administrative Expense
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|
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us-gaap |
Selling General And Administrative Expense
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|
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Selling General And Administrative Expense
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Operating Income Loss
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Operating Income Loss
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Other Noncash Income Expense
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|
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Other Noncash Income Expense
OtherNoncashIncomeExpense
|
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us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
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us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
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Gain Loss On Sale Of Derivatives
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|
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CY2020Q3 | us-gaap |
Gain Loss On Sale Of Derivatives
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|
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us-gaap |
Gain Loss On Sale Of Derivatives
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Interest Expense
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CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
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us-gaap |
Interest Expense
InterestExpense
|
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us-gaap |
Interest Expense
InterestExpense
|
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Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
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CY2020Q3 | us-gaap |
Debt Conversion Converted Instrument Amount1
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|
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Debt Conversion Converted Instrument Amount1
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|
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Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
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Gain On Settlement Of Notes Payable
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|
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CY2020Q3 | jksm |
Gain On Settlement Of Notes Payable
GainOnSettlementOfNotesPayable
|
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jksm |
Gain On Settlement Of Notes Payable
GainOnSettlementOfNotesPayable
|
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jksm |
Gain On Settlement Of Notes Payable
GainOnSettlementOfNotesPayable
|
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OtherNonoperatingIncomeExpense
|
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|
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Net Income Loss
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Dividends Preferred Stock
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Dividends Preferred Stock
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|
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Dividends Preferred Stock
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Dividends Preferred Stock
DividendsPreferredStock
|
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Net Income Loss Available To Common Stockholders Basic
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|
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Net Income Loss Available To Common Stockholders Basic
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Net Income Loss Available To Common Stockholders Basic
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Net Income Loss Available To Common Stockholders Basic
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Earnings Per Share Basic
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|
-0.00 | |
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Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
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Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | ||
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Earnings Per Share Basic
EarningsPerShareBasic
|
-0.09 | ||
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
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Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
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Earnings Per Share Diluted
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|
-0.09 | ||
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|
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CY2020Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
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Weighted Average Number Of Shares Outstanding Basic
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Weighted Average Number Of Diluted Shares Outstanding
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|
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Stockholders Equity
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Common Stock Issued For Deferred Finance Cost Amount
CommonStockIssuedForDeferredFinanceCostAmount
|
72000 | USD |
CY2021Q1 | jksm |
Sale Of Common Stock Units Amount
SaleOfCommonStockUnitsAmount
|
187800 | USD |
CY2021Q1 | jksm |
Common Stock And Warrants Issued For Settlement Of Notes Payable Amount
CommonStockAndWarrantsIssuedForSettlementOfNotesPayableAmount
|
141118 | USD |
CY2021Q1 | jksm |
Convertible Debt Imputed Interest
ConvertibleDebtImputedInterest
|
0 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8682 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4699018 | USD |
CY2021Q2 | jksm |
Common Stock Issued For Services Amount
CommonStockIssuedForServicesAmount
|
6211 | USD |
CY2021Q2 | jksm |
Sale Of Common Stock Units Amount
SaleOfCommonStockUnitsAmount
|
0 | USD |
CY2021Q2 | jksm |
Exercise Of Warrants Amount
ExerciseOfWarrantsAmount
|
0 | USD |
CY2021Q2 | jksm |
Extinguishment Of Derivative Liability Due To Conversion
ExtinguishmentOfDerivativeLiabilityDueToConversion
|
72958 | USD |
CY2021Q2 | jksm |
Shares Returned Under Share Lending Arrangement Amount
SharesReturnedUnderShareLendingArrangementAmount
|
0 | USD |
CY2021Q2 | jksm |
Issuance Of Series A Preferred Stock Amount
IssuanceOfSeriesAPreferredStockAmount
|
0 | USD |
CY2021Q2 | jksm |
Dividends On Series A Preferred Stock
DividendsOnSeriesAPreferredStock
|
-1208 | USD |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
305147 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4315910 | USD |
CY2021Q3 | jksm |
Common Stock Issued For Services Amount
CommonStockIssuedForServicesAmount
|
9017 | USD |
CY2021Q3 | jksm |
Dividends On Series A Preferred Stock
DividendsOnSeriesAPreferredStock
|
-3107 | USD |
CY2020Q1 | jksm |
Convertible Debt Imputed Interest
ConvertibleDebtImputedInterest
|
151 | USD |
CY2020Q1 | jksm |
Common Stock Issued For Debt Conversion Amount
CommonStockIssuedForDebtConversionAmount
|
1500000 | USD |
CY2020Q1 | jksm |
Sale Of Common Stock Units Amount
SaleOfCommonStockUnitsAmount
|
356470 | USD |
CY2020Q1 | jksm |
Extinguishment Of Derivative Liability Due To Conversion
ExtinguishmentOfDerivativeLiabilityDueToConversion
|
606048 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5262535 | USD |
jksm |
Increasedecreaseinright Of Use Assets
IncreasedecreaseinrightOfUseAssets
|
9299 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
34614 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-23958 | USD | |
jksm |
Right Of Use Liability
RightOfUseLiability
|
0 | USD | |
jksm |
Right Of Use Liability
RightOfUseLiability
|
-9837 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
0 | USD | |
us-gaap |
Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
|
-220000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-325486 | USD | |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-7407409 | USD |
CY2020Q2 | jksm |
Convertible Debt Imputed Interest
ConvertibleDebtImputedInterest
|
151 | USD |
CY2020Q2 | jksm |
Sale Of Common Stock Units Amount
SaleOfCommonStockUnitsAmount
|
168080 | USD |
CY2020Q2 | jksm |
Common Stock Issued For Deferred Finance Cost Amount
CommonStockIssuedForDeferredFinanceCostAmount
|
72734 | USD |
CY2020Q2 | jksm |
Shares Issued Under Share Lending Arrangement Amount
SharesIssuedUnderShareLendingArrangementAmount
|
0 | USD |
CY2020Q2 | jksm |
Shares Returned Under Share Lending Arrangementone Amount
SharesReturnedUnderShareLendingArrangementoneAmount
|
0 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2032362 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5134082 | USD |
CY2020Q3 | jksm |
Convertible Debt Imputed Interest
ConvertibleDebtImputedInterest
|
151 | USD |
CY2020Q3 | jksm |
Sale Of Common Stock Units Amount
SaleOfCommonStockUnitsAmount
|
120642 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2165693 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-7178982 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
184143 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5395866 | USD | |
us-gaap |
Depreciation
Depreciation
|
1512 | USD | |
us-gaap |
Depreciation
Depreciation
|
9428 | USD | |
jksm |
Imputed Interest
ImputedInterest
|
0 | USD | |
jksm |
Imputed Interest
ImputedInterest
|
453 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
599052 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1594924 | USD | |
jksm |
Derivative Gain Loss
DerivativeGainLoss
|
-1171242 | USD | |
jksm |
Derivative Gain Loss
DerivativeGainLoss
|
3512675 | USD | |
jksm |
Stock Based Compensation
StockBasedCompensation
|
15228 | USD | |
jksm |
Stock Based Compensation
StockBasedCompensation
|
0 | USD | |
jksm |
Gain On Settlement Of Notes Payables
GainOnSettlementOfNotesPayables
|
-160164 | USD | |
jksm |
Gain On Settlement Of Notes Payables
GainOnSettlementOfNotesPayables
|
0 | USD | |
jksm |
Loss On Conversion Of Notes Payable
LossOnConversionOfNotesPayable
|
58642 | USD | |
jksm |
Loss On Conversion Of Notes Payable
LossOnConversionOfNotesPayable
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-337912 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-204320 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-42326 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
38115 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
134609 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
127032 | USD | |
jksm |
Increasedecreaseinright Of Use Assets
IncreasedecreaseinrightOfUseAssets
|
0 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-357078 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1009330 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-919133 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
570000 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
388900 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
43300 | USD | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
905503 | USD | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
630000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1024024 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
591900 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
53605 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
89426 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
250000 | USD | |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
489560 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
453623 | USD |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
612146 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
598964 | USD |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
118732 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
846400 | USD | |
us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
252000 | USD | |
us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1131916 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1064474 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
122586 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
145341 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD | |
jksm |
Common Stock Issued To Settle Convertible Notes Payable
CommonStockIssuedToSettleConvertibleNotesPayable
|
614198 | USD | |
jksm |
Common Stock Issued To Settle Convertible Notes Payable
CommonStockIssuedToSettleConvertibleNotesPayable
|
1500000 | USD | |
jksm |
Derivative Liability Recognized At Issuance Of Warrants And Conversion Option
DerivativeLiabilityRecognizedAtIssuanceOfWarrantsAndConversionOption
|
493670 | USD | |
jksm |
Derivative Liability Recognized At Issuance Of Warrants And Conversion Option
DerivativeLiabilityRecognizedAtIssuanceOfWarrantsAndConversionOption
|
201208 | USD | |
jksm |
Extinguishment Of Derivative Due To Warrant Exercise
ExtinguishmentOfDerivativeDueToWarrantExercise
|
0 | USD | |
jksm |
Extinguishment Of Derivative To Conversion And Repayment
ExtinguishmentOfDerivativeToConversionAndRepayment
|
390383 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
72000 | USD | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
72734 | USD | |
jksm |
Extinguishment Of Derivative Due To Warrant Exercise
ExtinguishmentOfDerivativeDueToWarrantExercise
|
72958 | USD | |
jksm |
Extinguishment Of Derivative To Conversion And Repayment
ExtinguishmentOfDerivativeToConversionAndRepayment
|
0 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><span style="text-decoration:underline">Note 1: Organization and Nature of Operations</span></strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Jacksam Corporation dba Convectium is a technology company focused on developing and commercializing products of vaporizer cartridge filling & capping, pre-roll filling, and other automation systems. The Company’s product line primarily consisted of the 710 Shark cartridge filling machine, the 710 Captain cartridge capping machine, the “PreRoll-ER” pre-roll & cone filling machine, customizable and C-Cell cartridges, and accessories. The Company’s customers are primarily businesses operating in jurisdictions that have some form of cannabis legalization. These businesses include medical and recreational dispensaries, large and small-scale processors and growers, multi-state operators, and distributors. The Company utilizes its direct sales force, website, strategic partners’ sales force, independent sales representatives, and a wide range of referral network to sell its products.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company was originally organized under the laws of the State of Nevada on September 21, 1989 under the name of Fulton Ventures, Inc. Effective November 16, 2009, management at that time changed the name of Fulton Ventures, Inc. to China Grand Resorts, Inc. After the September 30, 2014 10-Q filing, the management of China Grand Resorts, Inc. abandoned the Company and its subsidiaries were taken back by Chinese national companies in China who owned them. The remaining parent company, China Grand Resorts, Inc., became a dormant company until 2016 when a new shareholder Bryan Glass became the majority shareholder and owner of the Company.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On September 14, 2018 (the “Merger”), the Company’s wholly owned subsidiary, Jacksam Acquisition Corp., a corporation formed in the State of Nevada on September 11, 2018, or the Acquisition Sub, merged with and into Jacksam, a corporation incorporated in the State of Delaware in August 2013.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On November 5, 2018, current management merged Jacksam into the parent Company, China Grand Resorts, Inc. In connection with the transaction, current management amended our articles of incorporation to change the Company’s name from China Grand Resorts, Inc. to Jacksam Corporation dba Convectium.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Since the Merger, the Company has been operated under the control of current management and continued to operate the business of Jacksam Corporation, described herein, as our sole business.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements is in conformity with U.S. GAAP and requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Such estimates and assumptions impact both assets and liabilities, including but not limited to net realizable value of accounts receivable and inventory, estimated useful lives and potential impairment of property and equipment, estimate of fair value of share based payments and derivative liabilities, estimates of fair value of warrants issued and recorded as debt discount and estimates of the probability and potential magnitude of contingent liabilities. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate could change in the near term due to one or more future nonconforming events. Accordingly, actual results could differ significantly from estimates.</p> | ||
us-gaap |
Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
|
250000 | USD | |
jksm |
Summary Of Effect Of Potential Dilutive Issuances
SummaryOfEffectOfPotentialDilutiveIssuances
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Three Months Ended</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Nine Months Ended</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2020</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>September 30,</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2020</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net income (loss) attributable to common stockholders</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(115,429</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(2,165,693</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">179,828</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(5,395,866</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Preferred stock dividends</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">4,315</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Derivative (gain) loss</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(1,171,242</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Interest expense associated with convertible debt</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">715,401</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net income (loss) for dilutive calculation</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">(115,429</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">(2,165,693</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">(271,698</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">(5,395,866</td><td style="PADDING-BOTTOM: 3px;width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Weighted average shares outstanding</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">73,645,455</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">62,803,497</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">71,490,810</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">62,531,289</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Dilutive effect of preferred stock</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,400,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Dilutive effect of convertible debt</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">3,969,136</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Dilutive effect of common stock warrants</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">-</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Weighted average shares outstanding for diluted net income (loss) per share</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">73,645,455</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">62,803,497</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">76,859,946</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 3px double;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">62,531,289</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | ||
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
CY2021Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
744444 | USD |
CY2020Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1048524 | USD |
CY2021Q3 | jksm |
Less Debt Discount And Deferred Finance Costs On Short Term Convertible Notes
LessDebtDiscountAndDeferredFinanceCostsOnShortTermConvertibleNotes
|
-167670 | USD |
CY2020Q4 | jksm |
Less Debt Discount And Deferred Finance Costs On Short Term Convertible Notes
LessDebtDiscountAndDeferredFinanceCostsOnShortTermConvertibleNotes
|
-239282 | USD |
CY2021Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
576774 | USD |
CY2021Q3 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
0 | USD |
CY2020Q4 | us-gaap |
Convertible Long Term Notes Payable
ConvertibleLongTermNotesPayable
|
0 | USD |
jksm |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
579978 | USD | |
CY2021Q3 | jksm |
Dilutive Effect Of Common Stock Warrants
DilutiveEffectOfCommonStockWarrants
|
0 | USD |
CY2020Q3 | jksm |
Dilutive Effect Of Common Stock Warrants
DilutiveEffectOfCommonStockWarrants
|
0 | USD |
jksm |
Dilutive Effect Of Common Stock Warrants
DilutiveEffectOfCommonStockWarrants
|
0 | USD | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
3969136 | shares | |
CY2020 | jksm |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
1594924 | USD |
us-gaap |
Depreciation
Depreciation
|
1512 | USD | |
us-gaap |
Depreciation
Depreciation
|
9428 | USD | |
CY2021Q1 | jksm |
Increased Number Of Common Share
IncreasedNumberOfCommonShare
|
170000000 | shares |
CY2021Q1 | jksm |
Preferred Stock Description
PreferredStockDescription
|
The Company is authorized to issue up to 10,000,000 shares of preferred stock. | |
us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
3086420 | USD | |
CY2021Q3 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
73578 | USD |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
250000 | USD | |
us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
1388889 | shares | |
CY2021Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.18 | |
CY2021Q3 | us-gaap |
Share Price
SharePrice
|
0.18 | |
CY2021Q3 | jksm |
Stock Exercise Price
StockExercisePrice
|
0.27 | |
jksm |
Common Stock Unit Subscriptions
CommonStockUnitSubscriptions
|
3868883 | shares | |
CY2020 | jksm |
Shares Remaining To Be Issued
SharesRemainingToBeIssued
|
2222223 | shares |
CY2020 | us-gaap |
Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
|
3086420 | shares |
CY2020 | us-gaap |
Gain Loss On Fair Value Hedges Recognized In Earnings
GainLossOnFairValueHedgesRecognizedInEarnings
|
-58642 | USD |
CY2021Q2 | jksm |
Convertible Notes Payable Cancelled Shares
ConvertibleNotesPayableCancelledShares
|
860000 | shares |
us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
1400000 | shares | |
us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
2800000 | shares | |
jksm |
Aggregate Number Beginning
AggregateNumberBeginning
|
9378056 | shares | |
jksm |
Aggregate Exercise Price Beginning
AggregateExercisePriceBeginning
|
1921200 | USD | |
jksm |
Weighted Average Exercise Price Beginning
WeightedAverageExercisePriceBeginning
|
0.20 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2578045 | shares | |
jksm |
Aggregate Exercise Price Granted
AggregateExercisePriceGranted
|
562343 | USD | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.34 | ||
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
767045 | shares | |
jksm |
Aggregate Exercise Price Exercised
AggregateExercisePriceExercised
|
337500 | USD | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.44 | ||
jksm |
Aggregate Number Ending
AggregateNumberEnding
|
11189056 | shares | |
jksm |
Aggregate Exercise Price Ending
AggregateExercisePriceEnding
|
2646044 | USD | |
jksm |
Weighted Average Exercise Price Ending
WeightedAverageExercisePriceEnding
|
0.24 | ||
jksm |
Weighted Average Remaining Contractual Life
WeightedAverageRemainingContractualLife
|
P2Y4M20D | ||
CY2020 | us-gaap |
Partners Capital Account Description Of Units Sold
PartnersCapitalAccountDescriptionOfUnitsSold
|
In addition to salary, the agreement provided for the option of 1,000,000 common shares of the Company, which shall vest at a rate of 28,000 share for each full one-month period worked from the Effective Date | |
CY2020 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
192500 | USD |
us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
137500 | USD | |
CY2021Q3 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
55000 | USD |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
82668 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
40256 | USD | |
CY2021Q3 | jksm |
Accrued Liabilities Other
AccruedLiabilitiesOther
|
1696374 | USD |