2024 Q2 Form 10-K Financial Statement

#000147793224002155 Filed on April 16, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $136.3K $234.1K $1.456M
YoY Change -66.14% -40.16% -64.74%
Cost Of Revenue $84.27K $471.3K $1.217M
YoY Change -65.96% 1.21% -63.1%
Gross Profit $52.04K -$237.2K $239.0K
YoY Change -66.43% 218.43% -71.22%
Gross Profit Margin 38.18% -101.34% 16.42%
Selling, General & Admin -$87.29K $59.96K $557.8K
YoY Change -195.84% -90.28% -42.51%
% of Gross Profit -167.73% 233.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.00 $100.00 $390.00
YoY Change 0.0% -59.16%
% of Gross Profit 0.06% 0.16%
Operating Expenses -$87.29K $59.97K $557.8K
YoY Change -161.32% -90.28% -71.12%
Operating Profit $139.3K -$297.2K -$318.7K
YoY Change 999.63% -57.01% -71.05%
Interest Expense $84.00K -$422.7K -$966.7K
YoY Change -33.26% -16.49% -328.99%
% of Operating Profit 60.29%
Other Income/Expense, Net -$84.00K $0.00 $26.23K
YoY Change -94.93% -54.25%
Pretax Income $55.33K -$719.9K -$1.259M
YoY Change -103.35% -39.88% -162.03%
Income Tax
% Of Pretax Income
Net Earnings $55.33K -$743.3K -$1.352M
YoY Change -103.36% -39.12% -11.15%
Net Earnings / Revenue 40.59% -317.5% -92.85%
Basic Earnings Per Share $0.00 -$0.02
Diluted Earnings Per Share $0.00 -$0.01 -$0.02
COMMON SHARES
Basic Shares Outstanding 94.66M shares 81.09M shares 81.09M shares
Diluted Shares Outstanding 93.63M shares 81.09M shares

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $67.62K $145.5K $145.5K
YoY Change -32.38% -69.87% -69.87%
Cash & Equivalents $67.62K $145.5K
Short-Term Investments
Other Short-Term Assets $35.34K $77.63K $77.63K
YoY Change -11.65% 85.94% 85.94%
Inventory $131.00 $0.00 $0.00
Prepaid Expenses $35.34K $77.63K
Receivables $18.12K $9.520K $9.520K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $121.2K $232.7K $232.7K
YoY Change -66.5% -68.51% -68.51%
LONG-TERM ASSETS
Property, Plant & Equipment $0.00 $44.09K $44.09K
YoY Change -100.0% 8428.05% -43.61%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $25.78K $44.09K $44.09K
YoY Change -58.13% -43.61% -43.62%
TOTAL ASSETS
Total Short-Term Assets $121.2K $232.7K $232.7K
Total Long-Term Assets $25.78K $44.09K $44.09K
Total Assets $147.0K $276.8K $276.8K
YoY Change -65.28% -66.13% -66.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $255.1K $292.9K $292.9K
YoY Change -12.02% 19.32% 19.32%
Accrued Expenses $2.263M $2.145M $2.145M
YoY Change 9.86% 7.81% 7.81%
Deferred Revenue
YoY Change
Short-Term Debt $50.00K $50.00K $50.00K
YoY Change 0.0%
Long-Term Debt Due $1.773M $1.064M $1.064M
YoY Change 65.69% 76.48% 76.48%
Total Short-Term Liabilities $5.772M $5.115M $5.115M
YoY Change -14.27% 1.53% 1.53%
LONG-TERM LIABILITIES
Long-Term Debt $135.9K $138.0K $138.0K
YoY Change -2.93% -76.22% -76.22%
Other Long-Term Liabilities $0.00 $6.980K $6.980K
YoY Change -100.0% -84.9% -84.9%
Total Long-Term Liabilities $135.9K $145.0K $145.0K
YoY Change -20.06% -76.86% -76.86%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.772M $5.115M $5.115M
Total Long-Term Liabilities $135.9K $145.0K $145.0K
Total Liabilities $5.908M $5.260M $5.260M
YoY Change -14.38% -7.14% -7.14%
SHAREHOLDERS EQUITY
Retained Earnings -$14.40M -$13.91M
YoY Change 1.13% 9.95%
Common Stock $89.72K $81.09K
YoY Change 10.64% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$6.052M -$4.983M -$4.983M
YoY Change
Total Liabilities & Shareholders Equity $147.0K $276.8K $276.8K
YoY Change -65.28% -66.13% -66.13%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $55.33K -$743.3K -$1.352M
YoY Change -103.36% -39.12% -11.15%
Depreciation, Depletion And Amortization $30.00 $100.00 $390.00
YoY Change 0.0% -59.16%
Cash From Operating Activities -$29.52K $5.220K -$311.4K
YoY Change -67.2% -97.17% -15.98%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.290K -5.230K -25.97K
YoY Change -27.1% 1088.64% -105.1%
NET CHANGE
Cash From Operating Activities -29.52K 5.220K -311.4K
Cash From Investing Activities
Cash From Financing Activities -7.290K -5.230K -25.97K
Net Change In Cash -36.81K -10.00 -337.4K
YoY Change -63.19% -100.01% -344.31%
FREE CASH FLOW
Cash From Operating Activities -$29.52K $5.220K -$311.4K
Capital Expenditures
Free Cash Flow
YoY Change

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IncreaseDecreaseInPrepaidExpense
35874 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
33151 usd
CY2023 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-34007 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-25582 usd
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
197577 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-40591 usd
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-225149 usd
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
333742 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-311419 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-370654 usd
CY2023 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
50000 usd
CY2022 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 usd
CY2023 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
300000 usd
CY2023 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1000 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
CY2022 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
327385 usd
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
74968 usd
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
408634 usd
CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
890000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-25968 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
508751 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-337387 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
138097 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
482908 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
344811 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
145521 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
482908 usd
CY2023 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023 us-gaap Interest Paid
InterestPaid
8691 usd
CY2022 us-gaap Interest Paid
InterestPaid
19699 usd
CY2023 jksm Right Of Use Asset And Liability Recognized Operating Leases
RightOfUseAssetAndLiabilityRecognizedOperatingLeases
0 usd
CY2022 jksm Right Of Use Asset And Liability Recognized Operating Leases
RightOfUseAssetAndLiabilityRecognizedOperatingLeases
105822 usd
CY2023 jksm Common Stock Issued For Deferred Finance Costs
CommonStockIssuedForDeferredFinanceCosts
0 usd
CY2022 jksm Common Stock Issued For Deferred Finance Costs
CommonStockIssuedForDeferredFinanceCosts
2670 usd
CY2023 jksm Common Stock Issued To Settle Share Payable
CommonStockIssuedToSettleSharePayable
0 usd
CY2022 jksm Common Stock Issued To Settle Share Payable
CommonStockIssuedToSettleSharePayable
331600 usd
CY2023 jksm Loss On Additional Shares Issued In Connection With Common Stock Units
LossOnAdditionalSharesIssuedInConnectionWithCommonStockUnits
0 usd
CY2022 jksm Loss On Additional Shares Issued In Connection With Common Stock Units
LossOnAdditionalSharesIssuedInConnectionWithCommonStockUnits
42222 usd
CY2023 us-gaap Dividends Preferred Stock
DividendsPreferredStock
92600 usd
CY2022 us-gaap Dividends Preferred Stock
DividendsPreferredStock
92600 usd
CY2023 jksm Settlement Of Derivative Liabilities
SettlementOfDerivativeLiabilities
1203314 usd
CY2022 jksm Settlement Of Derivative Liabilities
SettlementOfDerivativeLiabilities
0 usd
CY2023 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>
CY2023 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
250000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
264659 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
264659 usd
CY2023 jksm Bad Debts Expense
BadDebtsExpense
0 usd
CY2022 jksm Bad Debts Expense
BadDebtsExpense
190659 usd
CY2023Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
9515 usd
CY2022Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
0 usd
CY2023 jksm Inventory Allowance
InventoryAllowance
244658 usd
CY2022 jksm Inventory Allowance
InventoryAllowance
18800 usd
CY2023 jksm Reserves For Inventory
ReservesForInventory
274052 usd
CY2022 jksm Reserves For Inventory
ReservesForInventory
0 usd
CY2023 jksm Description Of Performance Obligation
DescriptionOfPerformanceObligation
Pure Plan, Native Nation, and ARK are the only 10%+ customers in 2023. When these customers are aggregated, they equal 57% of the 2023 sales.
CY2023Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
902485 usd
CY2023 jksm Summary Of Effect Of Potential Dilutive Issuances
SummaryOfEffectOfPotentialDilutiveIssuances
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:92%"><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>Year 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>December 31, 2023</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>December 31, 2022</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></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;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(1,351,791 </td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(1,614,078 </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;">92,600</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;">92,600</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</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;">711,401</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;">(1,515 </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">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;">98,265</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%;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;">(547,790 </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;">(1,424,728 </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></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;">81,088,719</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;">79,302,098</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></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></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></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;">81,088,719</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;">79,302,098</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>
CY2023 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-1351791 usd
CY2022 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-1614078 usd
CY2023 jksm Dividends Preferred Stock1
DividendsPreferredStock1
92600 usd
CY2022 jksm Dividends Preferred Stock1
DividendsPreferredStock1
92600 usd
CY2023 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
711401 usd
CY2022 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-1515 usd
CY2022 us-gaap Interest On Convertible Debt Net Of Tax
InterestOnConvertibleDebtNetOfTax
98265 usd
CY2023 jksm Net Income Loss For Dilutive Calculation
NetIncomeLossForDilutiveCalculation
-547790 usd
CY2022 jksm Net Income Loss For Dilutive Calculation
NetIncomeLossForDilutiveCalculation
-1424728 usd
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CY2023 jksm Convertible Notes Payable1
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CY2022 jksm Total Gain
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CY2023Q4 jksm Subscriptions Payable Liability Balance
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CY2022 jksm Less Forfeited And Cancelled
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CY2022 jksm Aggregate Exercise Price Forfeited And Cancelled
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CY2023 jksm Less Forfeited And Cancelled
LessForfeitedAndCancelled
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CY2023 jksm Aggregate Exercise Price Forfeited And Cancelled
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CY2023 jksm Aggregate Number Ending
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CY2023 jksm Aggregate Exercise Price Ending
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CY2023 jksm Weighted Average Exercise Price Ending
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CY2023 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
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CY2023Q4 jksm Debt Intrinsic Value
DebtIntrinsicValue
18667 usd
CY2023 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
3267 usd
CY2023 jksm Lease Payments Increased Percentage
LeasePaymentsIncreasedPercentage
0.04 pure
CY2023Q4 jksm Right Of Use Asset And Lease Liability
RightOfUseAssetAndLeaseLiability
105822 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
40217 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
36866 usd
CY2023 us-gaap Short Term Lease Cost
ShortTermLeaseCost
7783 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
43965 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2023Q4 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability Current
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46233 usd
CY2023Q4 us-gaap Operating Lease Liability
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46233 usd
CY2022Q4 us-gaap Operating Lease Liability
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80240 usd
CY2023Q4 jksm Incremental Borrowing Rate Percentage
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0.10 pure
CY2023 jksm Lease Remaining Terms
LeaseRemainingTerms
P1Y2M1D
CY2023Q4 us-gaap Debt Weighted Average Interest Rate
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0.10 pure
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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42123 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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7065 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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CY2023Q4 jksm Lessee Operating Lease Liability Payments Due After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearSix
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CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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49188 usd
CY2023Q4 jksm Less Interest Lessee Operating Lease Liability
LessInterestLesseeOperatingLeaseLiability
2955 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
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CY2023Q4 jksm Accrued Liabilities Other
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CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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CY2022Q4 us-gaap Deferred Tax Liabilities Deferred Expense Capitalized Inventory Costs
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CY2023Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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0.0000 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards State And Local
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631000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards Foreign
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7190000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
6828000 usd
CY2024Q1 us-gaap Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
685713 shares

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