2022 Q3 Form 10-Q Financial Statement

#000165495422011201 Filed on August 12, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $0.00 $8.687K
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.589M $1.448M
YoY Change 59.81% 7.86%
% of Gross Profit
Research & Development $1.273M $1.249M
YoY Change 46.51% -0.79%
% of Gross Profit
Depreciation & Amortization $100.6K $76.40K
YoY Change 54.83% 18.21%
% of Gross Profit
Operating Expenses $3.025M $2.851M
YoY Change 62.41% 9.61%
Operating Profit -$3.025M -$2.843M
YoY Change 62.41% 9.28%
Interest Expense $239.8K $3.298M
YoY Change -95.41% 18.96%
% of Operating Profit
Other Income/Expense, Net $22.17K $3.298M
YoY Change -100.42% 18.96%
Pretax Income -$3.003M -$6.141M
YoY Change -57.65% 14.28%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.003M -$6.141M
YoY Change -57.65% 14.28%
Net Earnings / Revenue -70688.82%
Basic Earnings Per Share
Diluted Earnings Per Share -$68.63K -$162.1K
COMMON SHARES
Basic Shares Outstanding 43.85M shares 43.75M shares 36.06M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.352M $11.19M
YoY Change -39.78% -28.73%
Cash & Equivalents $12.59M $8.352M $11.19M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $46.15K $119.2K
Other Receivables $0.00 $0.00
Total Short-Term Assets $12.59M $8.398M $11.31M
YoY Change 2.74% -39.45% -27.97%
LONG-TERM ASSETS
Property, Plant & Equipment $863.0K $953.4K $1.037M
YoY Change 162.7% 757.02% 466.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $13.77K $13.77K
YoY Change 0.0% 0.0%
Total Long-Term Assets $1.165M $1.229M $1.357M
YoY Change 84.5% 690.14% 542.16%
TOTAL ASSETS
Total Short-Term Assets $12.59M $8.398M $11.31M
Total Long-Term Assets $1.165M $1.229M $1.357M
Total Assets $13.76M $9.627M $12.66M
YoY Change 6.74% -31.36% -20.4%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $405.4K $411.9K
YoY Change 0.12% -5.23%
Accrued Expenses $462.9K $534.0K $265.9K
YoY Change -48.17% -8.84% -81.54%
Deferred Revenue
YoY Change
Short-Term Debt $2.255M $2.255M
YoY Change -54.96% -55.41%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.809M $4.611M $5.363M
YoY Change -65.49% -41.04% -33.48%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $431.8K
YoY Change -100.0% 0.0%
Other Long-Term Liabilities $97.26K $138.6K
YoY Change 53219.23%
Total Long-Term Liabilities $87.12K $97.26K $570.4K
YoY Change -85.72% -52.7% 32.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.809M $4.611M $5.363M
Total Long-Term Liabilities $87.12K $97.26K $570.4K
Total Liabilities $3.896M $4.708M $5.934M
YoY Change -66.55% -41.34% -30.14%
SHAREHOLDERS EQUITY
Retained Earnings -$101.4M -$95.83M -$92.82M
YoY Change 24.68% 29.97%
Common Stock $48.16K $43.80K $43.74K
YoY Change 36.94% 29.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.863M $4.919M $6.729M
YoY Change
Total Liabilities & Shareholders Equity $13.76M $9.627M $12.66M
YoY Change 6.74% -31.36% -20.4%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$3.003M -$6.141M
YoY Change -57.65% 14.28%
Depreciation, Depletion And Amortization $100.6K $76.40K
YoY Change 54.83% 18.21%
Cash From Operating Activities -$2.669M $885.8K
YoY Change 40.7% -148.5%
INVESTING ACTIVITIES
Capital Expenditures -$16.60K -$441.5K
YoY Change 31.96% 1642.19%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$16.60K -$441.5K
YoY Change 31.96% 1642.19%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -149.3K 9.000K
YoY Change -279.1% -99.94%
NET CHANGE
Cash From Operating Activities -2.669M 885.8K
Cash From Investing Activities -16.60K -441.5K
Cash From Financing Activities -149.3K 9.000K
Net Change In Cash -2.835M 453.3K
YoY Change 55.23% -96.45%
FREE CASH FLOW
Cash From Operating Activities -$2.669M $885.8K
Capital Expenditures -$16.60K -$441.5K
Free Cash Flow -$2.653M $1.327M
YoY Change 40.76% -173.7%

Facts In Submission

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us-gaap Amortization Of Debt Discount Premium
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us-gaap Amortization Of Debt Discount Premium
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IncreaseDecreaseInAccountsReceivableRelatedParties
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us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
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IncreaseDecreaseInOtherNoncurrentAssets
0 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1612959 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Payments To Acquire Productive Assets
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us-gaap Payments To Acquire Productive Assets
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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ProceedsFromNotesPayable
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us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
14209000 usd
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
727117 usd
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ProceedsFromSimpleAgreementsForFutureEquity
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knwn Proceeds From Simple Agreements For Future Equity
ProceedsFromSimpleAgreementsForFutureEquity
340000 usd
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ProceedsFromNotePayableppp
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knwn Proceeds From Note Payableppp
ProceedsFromNotePayableppp
205633 usd
knwn Settlement Of Notes Payable Ppp Loans
SettlementOfNotesPayablePppLoans
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knwn Settlement Of Notes Payable Ppp Loans
SettlementOfNotesPayablePppLoans
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us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
13687 usd
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
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us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
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us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14764063 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CashAndCashEquivalentsAtCarryingValue
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CashAndCashEquivalentsAtCarryingValue
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CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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us-gaap Interest Paid Net
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IncomeTaxesPaidNet
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IssuanceOfWarrantsToDebtHolders
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knwn Issuance Of Warrants To Debt Holders
IssuanceOfWarrantsToDebtHolders
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knwn Issuance Of Warrants For Services Related To Debt Offering
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knwn Issuance Of Warrants For Services Related To Debt Offering
IssuanceOfWarrantsForServicesRelatedToDebtOffering
1667281 usd
knwn Cashless Warrant Exercise
CashlessWarrantExercise
0 usd
knwn Cashless Warrant Exercise
CashlessWarrantExercise
493601 usd
knwn Conversion Of Debt Offering
ConversionOfDebtOffering
14209000 usd
knwn Conversion Of Debt Offering
ConversionOfDebtOffering
5638275 usd
knwn Conversion Of Accrued Interest
ConversionOfAccruedInterest
1136720 usd
knwn Conversion Of Accrued Interest
ConversionOfAccruedInterest
460185 usd
CY2022Q2 knwn Authorized Shares Of Capital Common Stock
AuthorizedSharesOfCapitalCommonStock
205000000 shares
CY2021Q3 knwn Authorized Shares Of Capital Common Stock
AuthorizedSharesOfCapitalCommonStock
200000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 knwn Authorized Common Stock Increased
AuthorizedCommonStockIncreased
200000000 shares
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
us-gaap Proceeds From Sale Of Other Assets1
ProceedsFromSaleOfOtherAssets1
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CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8351945 usd
CY2022Q2 knwn Net Working Capital
NetWorkingCapital
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CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-95827137 usd
knwn Proceeds Of Warrants Currently Outstanding
ProceedsOfWarrantsCurrentlyOutstanding
16383908 usd
CY2022Q2 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
250000 usd
us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Revenue Recognition </strong>- The Company determines revenue recognition from contracts with customers through the following steps:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">  </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td style="width:4%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:4%;vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><span style="font-family:symbol">·</span></p></td><td style="vertical-align:top;">identification of the contract, or contracts, with the customer;</td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><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="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><span style="font-family:symbol">·</span></p></td><td style="vertical-align:top;">identification of the performance obligations in the contract;</td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><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="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><span style="font-family:symbol">·</span></p></td><td style="vertical-align:top;">determination of the transaction price;</td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><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="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><span style="font-family:symbol">·</span></p></td><td style="vertical-align:top;">allocation of the transaction price to the performance obligations in the contract; and</td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><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="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><span style="font-family:symbol">·</span></p></td><td style="vertical-align:top;">recognition of the revenue when, or as, the Company satisfies a performance obligation.</td></tr></tbody></table><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;">Revenue is recognized when control of the promised goods or services is transferred to the customers, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. During the nine months ended June 30, 2022, the Company’s artificial intelligence (AI) Deep Learning Platform began generating revenue from digital asset sales of NFT’s. The Company engineering team, using its research date, AI and proprietary algorithms, produced NFT’s in the form of digital art. The NFT’s produced had no recorded cost basis. </p>
knwn Earns Royalty
EarnsRoyalty
0.10 pure
CY2022Q2 knwn Total Amount Of Digital Asset Conversion Losses
TotalAmountOfDigitalAssetConversionLosses
164093 usd
knwn Total Amount Of Digital Asset Conversion Losses
TotalAmountOfDigitalAssetConversionLosses
3436955 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3406996 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3969972 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2033726 usd
us-gaap Advertising Expense
AdvertisingExpense
514401 usd
us-gaap Advertising Expense
AdvertisingExpense
240000 usd
CY2022Q2 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
6041016 usd
CY2021Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
12217714 usd
us-gaap Derivatives Methods Of Accounting Hedge Effectiveness
DerivativesMethodsOfAccountingHedgeEffectiveness
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Derivative Financial Instruments –</strong>Pursuant to ASC 815 “Derivatives and Hedging”, the Company evaluates all of its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives. The Company then determines if embedded derivative must be bifurcated and separately accounted for. For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value and is then re-valued at each reporting date, with changes in the fair value reported in the consolidated statements of operations. For stock-based derivative financial instruments, the Company uses a Black-Scholes-Merton option pricing model to value the derivative instruments at inception and on subsequent valuation dates. The classification of derivative instruments, including whether such instruments should be recorded as liabilities or as equity, is evaluated at the end of each reporting period. Derivative instrument liabilities are classified in the balance sheet as current or non-current based on whether or not net-cash settlement of the derivative instrument could be required within twelve months of the balance sheet date. </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 determined that the conversion features for purposes of bifurcation within convertible notes payable were immaterial and there was no derivative liability to be recorded as of June 30, 2022 and September 30, 2021.</p>
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
43802147 shares
CY2022Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
2255066 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
33719669 shares
knwn Additional Common Shares Reserved
AdditionalCommonSharesReserved
16124764 shares
CY2021Q2 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
16464066 shares
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Use of Estimates</strong> – The preparation of financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
knwn Artificial Intelligence Ai Deep Learning Platform
ArtificialIntelligenceAiDeepLearningPlatform
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>4. Artificial Intelligence (AI) Deep Learning Platform</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;"><strong>AI Revenue</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;">During the nine months ended June 30, 2022,<strong> </strong>the<strong> </strong>Company’s artificial intelligence (AI) Deep Learning Platform began generating revenue from digital asset sales of NFT’s and had sales of $4,360,087. The Company’s sales of NFT’s are generated using the NFT digital exchange, OpenSea. Customers purchasing the NFT’s must make payments in the crypto currency, Ethereum. The Ethereum is received into a digital wallet and then moved to an account at Coinbase where the Ethereum is converted to U.S. dollars. During the three months ended December 31, 2021, the Company was not able to establish a digital wallet and corporate account at Coinbase in order to receive the Ethereum. The Company used the digital wallet and Coinbase account of the Company’s CEO. The Company and the CEO executed an assignment of his account to the Company while the Company establishes its own Coinbase account. All proceeds received from the sale of NFT were deposited in the CEO’s personal digital accounts. As of December 31, 2021 the Company had recorded an accounts receivable-related party of $3,124,581 for the cash it expected to receive from the CEO’s personal digital account.</p>The Company has established a digital wallet and corporate account at Circle in order to receive the Ethereum and then convert it to cash. During 2022, the Company received $2,908,551 of Ethereum which was converted to cash and recorded a reduction in value of $169,884 related to the decline in value of the Ethereum. The accounts receivable-related party was $46,146 as of June 30, 2022. As of June 30, 2022, accrued expenses include $436,378 of expenses, primarily sales and use tax and other expenses. As of June 30, 2022 accrued expenses-related party include $799,353 of unpaid compensation that was due and payable to the CEO for the NFT revenue. This unpaid compensation was paid in July 2022. During 2021, approximately $1.3 million of the selling and transactional costs for the digital assets was paid through the CEO’s personal digital asset account including approximately $1.075 million which was paid to a consultant via the transfer of Ethereum.
CY2021Q4 us-gaap Accounts Receivable Related Parties
AccountsReceivableRelatedParties
3124581 usd
knwn Sales And Use Tax
SalesAndUseTax
436378 usd
CY2022Q2 knwn Accrued Expenses
AccruedExpenses
799353 usd
knwn Selling And Transactional Costs
SellingAndTransactionalCosts
1300000 usd
knwn Amount Paid To Consultant
AmountPaidToConsultant
1075000.000 usd
CY2022Q2 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1498355 usd
CY2021Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
654798 usd
CY2022Q2 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
3612 usd
CY2021Q3 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
3612 usd
CY2022Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
26855 usd
CY2021Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
26855 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
575444 usd
CY2021Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
356761 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
953378 usd
CY2021Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
328504 usd
us-gaap Depreciation
Depreciation
218683 usd
us-gaap Depreciation
Depreciation
64980 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
262242 usd
CY2022Q2 knwn Operating Lease Liabilities For Remaining Long Term Lease
OperatingLeaseLiabilitiesForRemainingLongTermLease
243076 usd
CY2021Q3 knwn Operating Lease Liabilities For Remaining Long Term Lease
OperatingLeaseLiabilitiesForRemainingLongTermLease
290000 usd
us-gaap Lease Cost
LeaseCost
130767 usd
us-gaap Lease Cost
LeaseCost
102741 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
159112 usd
knwn Finance Leases Weighted Average Remaining Lease Term
FinanceLeasesWeightedAverageRemainingLeaseTerm
P20Y
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07 pure
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
156253 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
118602 usd
CY2022Q2 knwn Total Remaining Payments
TotalRemainingPayments
274855 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
12629 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
262226 usd
CY2022Q2 knwn Convertible Notes Conversions
ConvertibleNotesConversions
-14209000 usd
CY2021Q3 knwn Convertible Notes Conversions
ConvertibleNotesConversions
-5639500 usd
CY2022Q2 knwn Debt Discount Beneficial Conversion Feature
DebtDiscountBeneficialConversionFeature
0 usd
CY2021Q3 knwn Debt Discount Beneficial Conversion Feature
DebtDiscountBeneficialConversionFeature
-4308337 usd
CY2022Q2 knwn Debt Discount Warrants
DebtDiscountWarrants
0 usd
CY2021Q3 knwn Debt Discount Warrants
DebtDiscountWarrants
-1957590 usd
CY2022Q2 knwn Debt Discount Warrants Issued For Services
DebtDiscountWarrantsIssuedForServices
0 usd
CY2021Q3 knwn Debt Discount Warrants Issued For Services
DebtDiscountWarrantsIssuedForServices
-1056984 usd
CY2022Q2 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2255066 usd
CY2021Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
9191155 usd
knwn Gain On Loan Forgiveness
GainOnLoanForgiveness
253000 usd
CY2022Q2 knwn Common Stock Shares Issued1
CommonStockSharesIssued1
43826781 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2801719 shares
CY2022Q2 knwn Options To Purchase Common Stock Share
OptionsToPurchaseCommonStockShare
20927370 shares
knwn Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Unearned
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodUnearned
11550745 shares
us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
21651513 usd
CY2022Q2 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
2255066 usd
CY2022Q2 knwn Certaina Outstanding Warrants To Purchase
CertainaOutstandingWarrantsToPurchase
10284381 shares
knwn Description Of Automatic Conversion Of Convertible
DescriptionOfAutomaticConversionOfConvertible
The Company issued 7,672,860 shares of common stock related to the automatic conversion of Convertible Notes and interest from a private placement to accredited investors in 2021. The Convertible Notes and interested were automatically converted to Common Stock at $2.00 per share on the one year anniversary in March 2022
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.998
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
60000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
863986 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.919
knwn Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
108756 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
1.000
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
21651513 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.003
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
21651513 shares
CY2022Q2 knwn Warrant Issued To Common Stock
WarrantIssuedToCommonStock
21651513 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
31557563 usd
CY2022Q2 knwn Share Issued
ShareIssued
8750 shares
CY2022Q2 knwn Grant Received
GrantReceived
13688 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1555875 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
570514 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7065596 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y1M24D
CY2019Q3 knwn Share Based Compensation Arrangement By Share Based Payment Awards Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardsOptionsOutstandingWeightedAverageExercisePrice
2.025
CY2019Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
9180369 usd
CY2020 knwn Share Based Compensation Arrangements By Share Based Payment Awards Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardsOptionsGrantsInPeriodWeightedAverageExercisePrice
1.142
CY2020 knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueGranted
3522400 usd
CY2020 knwn Share Based Compensation Arrangements By Share Based Payment Awards Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardsOptionsExercisesInPeriodWeightedAverageExercisePrice
0.250
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
18298 usd
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
2.593
CY2020 knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueForfeitures
-7103921 usd
CY2020Q3 knwn Share Based Compensation Arrangement By Share Based Payment Awards Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardsOptionsOutstandingWeightedAverageExercisePrice
1.161
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
5580550 usd
CY2021 knwn Share Based Compensation Arrangements By Share Based Payment Awards Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardsOptionsGrantsInPeriodWeightedAverageExercisePrice
1.766
CY2021 knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueGranted
18807990 usd
CY2021 knwn Share Based Compensation Arrangements By Share Based Payment Awards Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardsOptionsExercisesInPeriodWeightedAverageExercisePrice
1.359
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
28031 usd
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
3.300
CY2021 knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueForfeitures
-396000 usd
CY2021Q3 knwn Share Based Compensation Arrangement By Share Based Payment Awards Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardsOptionsOutstandingWeightedAverageExercisePrice
1.565
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
23964509 usd
knwn Share Based Compensation Arrangements By Share Based Payment Awards Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardsOptionsGrantsInPeriodWeightedAverageExercisePrice
1.805
knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueGranted
11632130 usd
knwn Share Based Compensation Arrangements By Share Based Payment Awards Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardsOptionsExercisesInPeriodWeightedAverageExercisePrice
1.564
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
13688 usd
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.838
knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValueForfeitures
-1516150 usd
CY2022Q2 knwn Share Based Compensation Arrangement By Share Based Payment Awards Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardsOptionsOutstandingWeightedAverageExercisePrice
1.628
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
34066802 usd
CY2022Q2 knwn Cash Received
CashReceived
29085510000 usd
CY2022Q2 knwn Reduction In Value
ReductionInValue
1698840000 usd
CY2017Q2 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
3334 usd
CY2017Q2 knwn Lease Description
LeaseDescription
lease expires on May 31, 2022
CY2021Q4 knwn Lease Description
LeaseDescription
we extended the lease from June 1, 2022 to May 31, 2023 at $2,986 per month
CY2019Q1 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
8697 usd
CY2019Q1 knwn Lease Description
LeaseDescription
The lease expires on June 30, 2024
CY2021Q4 knwn Lease Description
LeaseDescription
the Company entered into First Amendment of Lease and added 1,030 square feet for year for $5,000 per month. The space will be utilized for clinical trials
CY2022Q2 knwn Segment Revenues
SegmentRevenues
0 usd
CY2022Q2 knwn Segment Net Income Loss
SegmentNetIncomeLoss
-3025000 usd
CY2022Q2 knwn Segment Assets
SegmentAssets
9627000 usd
CY2021Q2 knwn Segment Revenues
SegmentRevenues
0 usd
CY2021Q2 knwn Segment Net Income Loss
SegmentNetIncomeLoss
-1863000 usd
CY2021Q2 knwn Segment Assets
SegmentAssets
14026000 usd
knwn Segment Revenues
SegmentRevenues
4360000 usd
knwn Segment Net Income Loss
SegmentNetIncomeLoss
-6738000 usd
knwn Segment Revenues
SegmentRevenues
0 usd
knwn Segment Net Income Loss
SegmentNetIncomeLoss
-8028000 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
9242544 usd
us-gaap Other Noncash Expense
OtherNoncashExpense
12203424 usd
CY2022Q3 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
150000 shares
CY2022Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
2.24
CY2022Q3 knwn Fair Value Assumption Expected Term
FairValueAssumptionExpectedTerm
five years
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
4919268 usd

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