2023 Q4 Form 10-K Financial Statement
#000109690623002268 Filed on November 22, 2023
Income Statement
Concept | 2023 Q4 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $1.905M | $4.063M | |
YoY Change | 205211.87% | ||
Cost Of Revenue | $1.058M | $3.214M | |
YoY Change | 3918929.27% | ||
Gross Profit | $847.1K | $849.5K | |
YoY Change | 44682.18% | ||
Gross Profit Margin | 44.46% | 20.91% | |
Selling, General & Admin | -$358.9K | $3.163M | |
YoY Change | 313.84% | ||
% of Gross Profit | -42.37% | 372.3% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $101.4K | $10.88K | |
YoY Change | |||
% of Gross Profit | 11.97% | 1.28% | |
Operating Expenses | $517.0K | $3.163M | |
YoY Change | 313.84% | ||
Operating Profit | $330.1K | -$2.313M | |
YoY Change | 203.43% | ||
Interest Expense | -$304.2K | $766.6K | |
YoY Change | 29147.58% | ||
% of Operating Profit | -92.16% | ||
Other Income/Expense, Net | -$10.85K | $300.0K | $2.427M |
YoY Change | -103.62% | -66276.9% | |
Pretax Income | $15.02K | ||
YoY Change | |||
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | $15.04K | $113.4K | |
YoY Change | -114.81% | ||
Net Earnings / Revenue | 0.79% | 2.79% | |
Basic Earnings Per Share | $0.03 | ||
Diluted Earnings Per Share | $0.00 | $0.02 | |
COMMON SHARES | |||
Basic Shares Outstanding | 9.064M shares | 7.843M shares | |
Diluted Shares Outstanding | 8.272M shares |
Balance Sheet
Concept | 2023 Q4 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $45.55K | ||
YoY Change | |||
Cash & Equivalents | $45.55K | $455.5K | |
Short-Term Investments | |||
Other Short-Term Assets | $42.72K | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | $10.49K | ||
Receivables | $720.1K | $722.4K | |
Other Receivables | $0.00 | ||
Total Short-Term Assets | $808.4K | $1.248M | |
YoY Change | -35.24% | 1030.1% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $159.1K | $199.6K | |
YoY Change | -20.26% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $2.602M | $4.527M | |
YoY Change | -42.52% | 228.42% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $808.4K | $1.248M | |
Total Long-Term Assets | $2.602M | $4.527M | |
Total Assets | $3.410M | $5.775M | |
YoY Change | -40.95% | 287.9% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $820.2K | $723.9K | |
YoY Change | 13.31% | 191.74% | |
Accrued Expenses | $860.7K | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | |||
Long-Term Debt Due | $1.332M | ||
YoY Change | |||
Total Short-Term Liabilities | $3.267M | $2.923M | |
YoY Change | 11.77% | 191.79% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $178.1K | ||
YoY Change | |||
Other Long-Term Liabilities | $288.4K | ||
YoY Change | |||
Total Long-Term Liabilities | $466.5K | ||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.267M | $2.923M | |
Total Long-Term Liabilities | $466.5K | ||
Total Liabilities | $3.733M | $3.592M | |
YoY Change | 3.93% | 235.87% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$13.92M | -$11.45M | |
YoY Change | 21.49% | -1.76% | |
Common Stock | $9.064K | $9.004K | |
YoY Change | 0.67% | 22.44% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$136.9K | $2.212M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.410M | $5.775M | |
YoY Change | -40.95% | 287.9% |
Cashflow Statement
Concept | 2023 Q4 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $15.04K | $113.4K | |
YoY Change | -114.81% | ||
Depreciation, Depletion And Amortization | $101.4K | $10.88K | |
YoY Change | |||
Cash From Operating Activities | $231.7K | $178.3K | |
YoY Change | 999.41% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $11.80K | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $9.637K | ||
YoY Change | -84.03% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $350.0K | ||
YoY Change | 1300.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -207.9K | $157.1K | |
YoY Change | 686.7% | ||
NET CHANGE | |||
Cash From Operating Activities | 231.7K | $178.3K | |
Cash From Investing Activities | $9.637K | ||
Cash From Financing Activities | -207.9K | $157.1K | |
Net Change In Cash | 23.80K | $345.0K | |
YoY Change | 257.39% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | $231.7K | $178.3K | |
Capital Expenditures | $11.80K | ||
Free Cash Flow | $166.5K | ||
YoY Change | 926.64% |
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CY2022 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
398922 | usd |
CY2021 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
0 | usd |
CY2022 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
2959811 | usd |
CY2021 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
0 | usd |
CY2022 | us-gaap |
Other Expenses
OtherExpenses
|
6768 | usd |
CY2021 | us-gaap |
Other Expenses
OtherExpenses
|
0 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
2426707 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
-11006 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-3667 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
113445 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-766027 | usd |
CY2022 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-91449 | usd |
CY2021 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-4300 | usd |
CY2022 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
204894 | usd |
CY2021 | us-gaap |
Income Loss Attributable To Parent
IncomeLossAttributableToParent
|
-761727 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7842865 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5261343 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8271751 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
5261343 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
10274 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
25000 | usd |
CY2021 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
0 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
650000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
500001 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-766027 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
419248 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
350000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
300000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
1000000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
113445 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2182693 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
113445 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-766027 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
572 | usd |
CY2022 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
26051 | usd |
CY2021 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
113 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
780086 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
22142 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
10882 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
0 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
14576 | usd |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
0 | usd |
CY2022 | us-gaap |
Accretion Expense
AccretionExpense
|
31694 | usd |
CY2021 | us-gaap |
Accretion Expense
AccretionExpense
|
1726 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
300000 | usd |
CY2021 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
650000 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-398922 | usd |
CY2021 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022 | alpp |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
0 | usd |
CY2021 | alpp |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
1046 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-60000 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
9086 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-515834 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
784 | usd |
CY2022 | alpp |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
10924 | usd |
CY2021 | alpp |
Increase Decrease In Operating Lease Right Of Use Asset
IncreaseDecreaseInOperatingLeaseRightOfUseAsset
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-101934 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
11523 | usd |
CY2021 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-224726 | usd |
CY2021 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
230000 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
85250 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-26967 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
178269 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
16215 | usd |
CY2022 | alpp |
Cash Acquired From Acquisition Of Gladiator
CashAcquiredFromAcquisitionOfGladiator
|
0 | usd |
CY2021 | alpp |
Cash Acquired From Acquisition Of Gladiator
CashAcquiredFromAcquisitionOfGladiator
|
60349 | usd |
CY2022 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
21437 | usd |
CY2021 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
11800 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
9637 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
60349 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
350000 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
25000 | usd |
CY2022 | alpp |
Proceeds From Shares To Be Issued
ProceedsFromSharesToBeIssued
|
50000 | usd |
CY2021 | alpp |
Proceeds From Shares To Be Issued
ProceedsFromSharesToBeIssued
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
150000 | usd |
CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
171944 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
5032 | usd |
CY2022 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
395500 | usd |
CY2021 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
0 | usd |
CY2022 | us-gaap |
Payments For Loans
PaymentsForLoans
|
616468 | usd |
CY2021 | us-gaap |
Payments For Loans
PaymentsForLoans
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
157088 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
19968 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
344994 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
96532 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110460 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
13928 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
455454 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
110460 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
65991 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
782 | usd |
CY2022 | alpp |
Interest Paid On Notes
InterestPaidOnNotes
|
24122 | usd |
CY2021 | alpp |
Interest Paid On Notes
InterestPaidOnNotes
|
0 | usd |
CY2022 | alpp |
Cash Received From Employee Retention Tax Credit
CashReceivedFromEmployeeRetentionTaxCredit
|
2959811 | usd |
CY2021 | alpp |
Cash Received From Employee Retention Tax Credit
CashReceivedFromEmployeeRetentionTaxCredit
|
0 | usd |
CY2022 | alpp |
Acquisition Of Gladiator Through Share Exchange
AcquisitionOfGladiatorThroughShareExchange
|
0 | usd |
CY2021 | alpp |
Acquisition Of Gladiator Through Share Exchange
AcquisitionOfGladiatorThroughShareExchange
|
433334 | usd |
CY2022 | alpp |
Acquisition Of Uss Through Share Exchange
AcquisitionOfUSSThroughShareExchange
|
1000000 | usd |
CY2021 | alpp |
Acquisition Of Uss Through Share Exchange
AcquisitionOfUSSThroughShareExchange
|
0 | usd |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>1. Nature and Continuance of Operations</strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong><em>Business Operations Basis of Presentation</em></strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The accompanying consolidated financial statements include the accounts of James Maritime Holdings Inc. (“James Maritime”) and its majority-owned subsidiary, Gladiator Solutions Inc. (“Gladiator”), and its wholly owned subsidiary United Security Specialists Inc. (“USS”) (collectively as the “Company”). James Maritime Holdings, Inc. was incorporated in the State of Nevada on January 23, 2015.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Substantially all of the Company’s business is conducted through its subsidiaries, Gladiator and USS. Gladiator produces revenues through the distribution of personal protective products, primarily through mail-in orders to customers or via e-commerce sales generated through their website. USS provides professional security personnel enhanced by smartphone-based security applications.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong><em>Share Exchange Agreement – Gladiator Solutions, Inc.</em></strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On December 13, 2021, James Maritime Holdings completed a share exchange agreement with Gladiator.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As a result of the exchange, James Maritime became the majority shareholder of Gladiator Solutions Inc., holding approximately 86.7% of all shares outstanding. See Note 3 for further information.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong><em>Share Exchange Agreement – United Security Specialists, Inc.</em></strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On September 23, 2022, James Maritime Holdings completed a share exchange agreement with USS.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As a result of the exchange, James Maritime became the sole shareholder of USS, holding 100% of all shares outstanding. See Note 4 for further information.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong><em>Basis of Presentation and Principles of Consolidation</em></strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The accompanying consolidated financial statements were prepared in accordance with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and pursuant to the rules and regulations of the SEC. The Company has adopted a December 31 fiscal year-end for financial statement reporting purposes.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">All operations activity related to James Maritimes’ subsidiary, Gladiator, will only reflect activity from December 13, 2021 through December 31, 2021, the period for which Gladiator was acquired and owned by James Maritime. All operations from 2022 are included within the year ended December 31, 2022 consolidated statement of operations.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">All operations activity related to James Maritimes’ subsidiary, USS, will only reflect activity from September 23, 2022 through December 31, 2022, the period for which USS was acquired and owned by James Maritime.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">All intercompany balances were eliminated in the consolidated financial statements. Non-controlling interests are classified in the accompanying consolidated balance sheets as a component of equity. The amounts of consolidated net income (loss) attributable to both the Company and the non-controlling interests are separately presented in the accompanying consolidated statement of operations.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong><em>Going concern</em></strong></p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company’s consolidated financial statements as of December 31, 2022, are prepared using U.S. GAAP, which contemplates continuation of the Company as a going concern. This contemplates the realization of assets and liquidation of liabilities in the ordinary course of business. The Company has yet to establish an ongoing source of revenue to finance its operating expenses and to continue as a going concern.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Although the Company generated net income of $204,894 during the year ended December 31, 2022, the Company generated an operating loss of $2,313,262. The net income generated was mainly caused by $3 million received for the employee retention credit during 2022. The accumulated deficit as of December 31, 2022 is $11,454,076 ($11,658,970 as of December 31, 2021). In order to continue as a going concern, the Company plans to receive funds through the selling of equity securities to existing and new shareholders. The Company is also evaluating potential acquisitions in the corporate security space. Additionally, the Company has created and maintained good customer relationships during 2022 for both USS and Gladiator, which the Company is relying on to potentially generate sustainable sales throughout 2023 and afterward. While management maintains they will be able to continue to generate sufficient cash flows through a combination of operations, debt, and equity raises, there is no guarantee the Company will be able to raise or generate additional funds in the short term to meet present obligations as they come due. Due to these factors, there is substantial doubt the Company may be able to continue as a going concern. These financial statements do not include any adjustments related to the recoverability and classification of assets or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.</p> | |
CY2022 | alpp |
Net Loss Income
NetLossIncome
|
204894 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2313262 | usd |
CY2022 | alpp |
Employee Retention Creditduring Period
EmployeeRetentionCreditduringPeriod
|
3000000 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-11454076 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-11658970 | usd |
CY2022 | 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 in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reporting amounts of assets and liabilities.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Estimates are used for, but not limited to, the accounting for inventories, impairment of long-term assets and derivatives.</p><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">It is reasonably possible that the estimate of the effect of a condition, situation, or set of circumstances that existing 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 confirming events. Accordingly, the actual results of could differ significantly from those estimates.</p> | |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company maintains its cash accounts with financial institutions, where, at times, deposits exceed federal insurance limits of $250,000. The Company believes that no significant concentration of credit risk exists with respect to these cash balances due to its assessment of the credit worthiness and financial viability of the financial institutions.</p> | |
CY2022Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2022 | alpp |
Summary Of Estimated Useful Lives Of Property Plant And Equipment
SummaryOfEstimatedUsefulLivesOfPropertyPlantAndEquipment
|
<table cellpadding="0" style="border-spacing:0;font-size:10pt;border-right:#000000 1px solid;border-bottom:#000000 1px solid;width:100%"><tbody><tr style="height:15px"><td style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid;width:50%;vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Asset classes</strong></p></td><td style="BORDER-TOP: #000000 1px solid; BORDER-BOTTOM: #000000 1px solid; BORDER-LEFT: #000000 1px solid;width:50%;vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Useful lives (in years)</strong></p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="BORDER-LEFT: #000000 1px solid;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">Vehicles</p></td><td style="BORDER-LEFT: #000000 1px solid;vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">5</p></td></tr><tr style="height:15px"><td style="BORDER-LEFT: #000000 1px solid;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">Furniture and fixtures</p></td><td style="BORDER-LEFT: #000000 1px solid;vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">7</p></td></tr></tbody></table> | |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
50110 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
595 | usd |
CY2022 | alpp |
Shipping And Handling Costs
ShippingAndHandlingCosts
|
35122 | usd |
CY2021 | alpp |
Shipping And Handling Costs
ShippingAndHandlingCosts
|
0 | usd |
CY2021Q4 | us-gaap |
Shares Outstanding
SharesOutstanding
|
750000 | shares |
CY2021Q4 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
1000000 | shares |
CY2021Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0.001 | |
CY2021Q4 | alpp |
Noncontrolling Interest Shares
NoncontrollingInterestShares
|
100000 | shares |
CY2021Q4 | us-gaap |
Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
|
0.133 | pure |
CY2021Q4 | alpp |
Shareholders Descerption
ShareholdersDescerption
|
The remaining shareholders with an equity stake of 86.7% exchanged their total aggregate shares of 650,000 for 866,667 of James Maritime’s common stock shares | |
CY2021Q4 | alpp |
Business Acquisition Description
BusinessAcquisitionDescription
|
$3,000,000 and 25% during any consecutive twelve-month period commencing on the Gladiator closing date and ending December 31, 2024 (the “Measurement period”), the Company shall issue one (1) additional share for each two (2) shares of James Maritime stock received by such shareholder | |
CY2021Q4 | alpp |
Business Acquisition Description One
BusinessAcquisitionDescriptionOne
|
$5,000,000 and 25% during the measurement period, one (1) additional share of James Maritime stock for each one (1) share of James Maritime stock received by such shareholder at the closing; | |
CY2021Q4 | alpp |
Additional Business Acquisition Description
AdditionalBusinessAcquisitionDescription
|
$10,000,000 during the measurement period, one (1) additional share of James Maritime stock for each one (1) share of James Maritime stock received by such shareholder at the closing | |
CY2021Q4 | alpp |
Additional Business Acquisition Description One
AdditionalBusinessAcquisitionDescriptionOne
|
Conversely, in the event Gladiator’s revenues and EBITDA percentage does not equal or exceed $2,000,000 and 25%, respectively, during any consecutive twelve-month period commencing on the closing date and ending on the 24-month anniversary of the Closing date, the seller’s shareholders shall return to the Company an aggregate of 500,000 shares of James Maritime common stock | |
CY2021Q4 | us-gaap |
Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Purchase Price
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAmountAtPurchasePrice
|
433334 | usd |
CY2021Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
|
967079 | usd |
CY2021Q4 | alpp |
Business Combination Provisional Information Initial Accounting Adjustment Intangibles
BusinessCombinationProvisionalInformationInitialAccountingAdjustmentIntangibles
|
1400413 | usd |
CY2021Q4 | alpp |
Finite Lived Intangible Asset Useful Lifes
FiniteLivedIntangibleAssetUsefulLifes
|
P3Y | |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
60349 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
|
1356 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssets
|
61705 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
|
264909 | usd |
CY2022Q4 | alpp |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Defferred Revenue
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesDefferredRevenue
|
84750 | usd |
CY2022Q4 | alpp |
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesdue To Related Parties
BusinesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesdueToRelatedParties
|
154948 | usd |
CY2022Q4 | alpp |
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesnote Payable
BusinesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesnotePayable
|
30987 | usd |
CY2022Q4 | alpp |
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesconvertible Debenture
BusinesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesconvertibleDebenture
|
28370 | usd |
CY2022Q4 | alpp |
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilities Loan
BusinesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesLoan
|
67800 | usd |
CY2022Q4 | alpp |
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumesdcurrentliabilitiev
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumesdcurrentliabilitiev
|
330353 | usd |
CY2022Q4 | alpp |
Businesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilities Minority Interest
BusinesscombinationrecognizedidentifiableassetsacquiredandliabilitiesassumedcurrentliabilitiesMinorityInterest
|
66667 | usd |
CY2022Q4 | alpp |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilitie
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilitie
|
1028784 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
-967079 | usd |
CY2022Q4 | us-gaap |
Shares Outstanding
SharesOutstanding
|
100 | shares |
CY2022Q4 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
1000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock No Par Value
PreferredStockNoParValue
|
0.001 | |
CY2022Q4 | alpp |
Business Acquisition Description
BusinessAcquisitionDescription
|
$20,000,000 and 15% during any consecutive (12) month period commencing on the Closing date and ending on December 31, 2025 (“the Measurement Period”), the Company shall issue an aggregate 500,000 shares of James Maritime stock | |
CY2022Q4 | alpp |
Business Acquisition Description One
BusinessAcquisitionDescriptionOne
|
$30,000,000 and 15% during the measurement period, the Company shall issue an aggregate 500,000 shares of James Maritime stock | |
CY2022Q4 | alpp |
Additional Business Acquisition Description
AdditionalBusinessAcquisitionDescription
|
$40,000,000 and 15% during the measurement period, the Company shall issue an aggregate 500,000 shares of James Maritime stock | |
CY2022Q4 | alpp |
Additional Business Acquisition Description One
AdditionalBusinessAcquisitionDescriptionOne
|
$50,000,000 and15% during the measurement period, the Company shall issue an aggregate 500,000 shares of James Maritime stock | |
CY2022Q4 | us-gaap |
Debt Securities Available For Sale Purchased With Credit Deterioration Amount At Purchase Price
DebtSecuritiesAvailableForSalePurchasedWithCreditDeteriorationAmountAtPurchasePrice
|
1000000 | usd |
CY2022Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
|
2439614 | usd |
CY2022Q4 | alpp |
Business Combination Provisional Information Initial Accounting Adjustments Intangibles
BusinessCombinationProvisionalInformationInitialAccountingAdjustmentsIntangibles
|
3439614 | usd |
CY2022Q4 | alpp |
Finite Lived Intangible Asset Useful Lifes
FiniteLivedIntangibleAssetUsefulLifes
|
P3Y | |
CY2022Q4 | alpp |
Right Of Use Assets Operating Leases
RightOfUseAssetsOperatingLeases
|
168339 | usd |
CY2022Q4 | us-gaap |
Cash
Cash
|
21437 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
206536 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
10487 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
199584 | usd |
CY2022Q4 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
193839 | usd |
CY2022Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
99609 | usd |
CY2022Q4 | alpp |
Total Assets Acquired
TotalAssetsAcquired
|
731492 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
704637 | usd |
CY2022Q4 | us-gaap |
Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
|
172366 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
1017771 | usd |
CY2022Q4 | alpp |
Loan Current And Non Current
LoanCurrentAndNonCurrent
|
1066012 | usd |
CY2022Q4 | alpp |
Operating Lease Liability Current And Non Current
OperatingLeaseLiabilityCurrentAndNonCurrent
|
210320 | usd |
CY2022Q4 | alpp |
Total Liabilities Assumed
TotalLiabilitiesAssumed
|
3171106 | usd |
CY2022Q4 | alpp |
Net Assets Liabilities Acquired Assumed
NetAssetsLiabilitiesAcquiredAssumed
|
-2439614 | usd |
CY2021 | us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
9420417 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
2301112 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
789357 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
22142 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4150280 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1378270 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
780086 | usd |
CY2021 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
22142 | usd |
CY2022Q4 | alpp |
Operating Lease Liabilities Short Term
OperatingLeaseLiabilitiesShortTerm
|
114400 | usd |
CY2022Q4 | alpp |
Operating Lease Liabilities Long Term
OperatingLeaseLiabilitiesLongTerm
|
68953 | usd |
CY2022Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
16062 | usd |
CY2021Q4 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
0 | usd |
CY2022Q4 | alpp |
Property Plant And Equipment Vehicles
PropertyPlantAndEquipmentVehicles
|
195322 | usd |
CY2021Q4 | alpp |
Property Plant And Equipment Vehicles
PropertyPlantAndEquipmentVehicles
|
0 | usd |
CY2022Q4 | alpp |
Accumulated Amortization
AccumulatedAmortization
|
-10882 | usd |
CY2021Q4 | alpp |
Accumulated Amortization
AccumulatedAmortization
|
0 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
200502 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
0 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
10882 | usd |
CY2020 | alpp |
Lease Term Contract
LeaseTermContract
|
lease is for a 48.5-month term, expiring on July 31, 2024 | |
CY2020 | alpp |
Lease Initial Payment
LeaseInitialPayment
|
8819 | usd |
CY2020 | alpp |
Straight Line Rent Installment
StraightLineRentInstallment
|
9522 | usd |
CY2022 | alpp |
Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
|
P1Y6M29D | |
CY2022Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.06 | pure |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Rolling Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextRollingTwelveMonths
|
122512 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
73412 | usd |
CY2022Q4 | alpp |
Operating Lease Minimum Lease Payments
OperatingLeaseMinimumLeasePayments
|
195924 | usd |
CY2022Q4 | alpp |
Imputed Interest
ImputedInterest
|
-12571 | usd |
CY2022Q4 | alpp |
Future Minimum Lease Payments Current Value
FutureMinimumLeasePaymentsCurrentValue
|
183353 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
114400 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
68953 | usd |
CY2022Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
723886 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
248126 | usd |
CY2022Q4 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
156115 | usd |
CY2021Q4 | us-gaap |
Credit Card Receivables
CreditCardReceivables
|
11912 | usd |
CY2022Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
26809 | usd |
CY2021Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
1771 | usd |
CY2022Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
14420 | usd |
CY2021Q4 | us-gaap |
Taxes Payable Current
TaxesPayableCurrent
|
27455 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
921230 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
289264 | usd |
CY2022Q4 | us-gaap |
Notes Payable
NotesPayable
|
433849 | usd |
CY2021Q4 | us-gaap |
Notes Payable
NotesPayable
|
25955 | usd |
CY2022Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
323562 | usd |
CY2021Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
25955 | usd |
CY2022Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
110287 | usd |
CY2021Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
0 | usd |
CY2022Q4 | alpp |
Deferred Tax Assets Operating Loss Carryforwards Domestic And Federal
DeferredTaxAssetsOperatingLossCarryforwardsDomesticAndFederal
|
3246000 | usd |
CY2022Q4 | us-gaap |
Loans Payable
LoansPayable
|
1075924 | usd |
CY2021Q4 | us-gaap |
Loans Payable
LoansPayable
|
67800 | usd |
CY2022Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
585831 | usd |
CY2021Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
490093 | usd |
CY2021Q4 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
67800 | usd |
CY2021Q1 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
67900 | usd |
CY2021Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.0375 | pure |
CY2021Q1 | alpp |
Maturity Of Time Deposit
MaturityOfTimeDeposit
|
P30Y | |
CY2022Q4 | alpp |
Accrued Interest Expense
AccruedInterestExpense
|
2114 | usd |
CY2021Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
505 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
90000000 | shares |
CY2022Q1 | us-gaap |
Other Significant Noncash Transaction Value Of Consideration Received1
OtherSignificantNoncashTransactionValueOfConsiderationReceived1
|
50000 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
300000 | shares |
CY2022Q4 | us-gaap |
Other Expenses
OtherExpenses
|
300000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1000000 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.50 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1000000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
3.50 | |
CY2022 | alpp |
Warrant Exercisable
WarrantExercisable
|
1000000 | shares |
CY2021 | alpp |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Prices
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrices
|
3.50 | |
CY2021Q3 | us-gaap |
Conversion Of Stock Shares Issued1
ConversionOfStockSharesIssued1
|
750000 | shares |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
113445 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-766027 | usd |
CY2022 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-91449 | usd |
CY2021 | us-gaap |
Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
|
-4300 | usd |
CY2022 | alpp |
Deemed Dividend Due To Preferred Stock Conversion
DeemedDividendDueToPreferredStockConversion
|
0 | usd |
CY2021 | alpp |
Deemed Dividend Due To Preferred Stock Conversion
DeemedDividendDueToPreferredStockConversion
|
-331639 | usd |
CY2022 | alpp |
Net Loss Income Attributable To James Maritime Shareholders
NetLossIncomeAttributableToJamesMaritimeShareholders
|
204894 | usd |
CY2021 | alpp |
Net Loss Income Attributable To James Maritime Shareholders
NetLossIncomeAttributableToJamesMaritimeShareholders
|
-1093366 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7842865 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5261343 | shares |
CY2022 | alpp |
Dilutive Effect Of Convertible Debentures And Warrants
DilutiveEffectOfConvertibleDebenturesAndWarrants
|
428886 | shares |
CY2021 | alpp |
Dilutive Effect Of Convertible Debentures And Warrants
DilutiveEffectOfConvertibleDebenturesAndWarrants
|
0 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
8271751 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
5261343 | shares |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.03 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.02 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2021Q3 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
131949 | shares |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
4063122 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
1895 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
113444 | usd |
CY2021 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
-766027 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
23823 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-160866 | usd |
CY2022 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-114230 | usd |
CY2021 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
-30176 | usd |
CY2022 | alpp |
Employee Retention Credit
EmployeeRetentionCredit
|
-621560 | usd |
CY2021 | alpp |
Employee Retention Credit
EmployeeRetentionCredit
|
0 | usd |
CY2022 | alpp |
Non Deductible Amortization
NonDeductibleAmortization
|
164848 | usd |
CY2021 | alpp |
Non Deductible Amortization
NonDeductibleAmortization
|
4650 | usd |
CY2022 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
11364 | usd |
CY2021 | us-gaap |
Other Noncash Income Tax Expense
OtherNoncashIncomeTaxExpense
|
582 | usd |
CY2022 | alpp |
Valuation Allowance Income Tax
ValuationAllowanceIncomeTax
|
535756 | usd |
CY2021 | alpp |
Valuation Allowance Income Tax
ValuationAllowanceIncomeTax
|
184843 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
846059 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
296720 | usd |
CY2022Q4 | alpp |
Right Of Use Assets Deferred Tax Assets
RightOfUseAssetsDeferredTaxAssets
|
4202 | usd |
CY2021Q4 | alpp |
Right Of Use Assets Deferred Tax Assets
RightOfUseAssetsDeferredTaxAssets
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
-17785 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
832476 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
296720 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
832476 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
296720 | usd |
CY2022Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
|
0 | usd |