2024 Q4 Form 10-K Financial Statement

#000165495424014480 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $9.109M
YoY Change 38.64%
% of Gross Profit
Research & Development $6.114M
YoY Change -20.88%
% of Gross Profit
Depreciation & Amortization $80.88K
YoY Change -74.16%
% of Gross Profit
Operating Expenses $15.22M
YoY Change 8.55%
Operating Profit -$15.22M
YoY Change 8.55%
Interest Expense $1.513M
YoY Change 288.4%
% of Operating Profit
Other Income/Expense, Net -$1.358M
YoY Change 7.35%
Pretax Income -$16.58M
YoY Change 8.45%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$16.58M
YoY Change 8.45%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 108.1M shares 99.62M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $3.111M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.111M
YoY Change -61.23%
LONG-TERM ASSETS
Property, Plant & Equipment $66.80K
YoY Change -17.87%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $553.7K
YoY Change 128.62%
TOTAL ASSETS
Total Short-Term Assets $3.111M
Total Long-Term Assets $553.7K
Total Assets $3.664M
YoY Change -55.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $101.6K
YoY Change 7.99%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.163M
YoY Change 14.18%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $5.163M
Total Long-Term Liabilities
Total Liabilities $5.821M
YoY Change 28.72%
SHAREHOLDERS EQUITY
Retained Earnings -$138.7M
YoY Change 13.87%
Common Stock $108.0K
YoY Change 34.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.156M
YoY Change
Total Liabilities & Shareholders Equity $3.664M
YoY Change -55.67%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024
OPERATING ACTIVITIES
Net Income -$16.58M
YoY Change 8.45%
Depreciation, Depletion And Amortization $80.88K
YoY Change -74.16%
Cash From Operating Activities -$12.83M
YoY Change 23.91%
INVESTING ACTIVITIES
Capital Expenditures $66.35K
YoY Change -17.88%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$66.35K
YoY Change -17.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.193M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $7.983M
YoY Change 36.11%
NET CHANGE
Cash From Operating Activities -$12.83M
Cash From Investing Activities -$66.35K
Cash From Financing Activities $7.983M
Net Change In Cash -$4.913M
YoY Change 7.51%
FREE CASH FLOW
Cash From Operating Activities -$12.83M
Capital Expenditures $66.35K
Free Cash Flow -$12.90M
YoY Change 23.58%

Facts In Submission

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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Derivative Financial Instruments</em></strong><strong> – </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 an 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 its currently outstanding convertible notes payable were immaterial and there was no derivative liability to be recorded as of September 30, 2024 and 2023.</p>
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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Use of Estimates</em></strong> – The preparation of financial statements in conformity with GAAP 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>
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CY2023 us-gaap Payment Of Financing And Stock Issuance Costs
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CY2024 us-gaap Proceeds From Warrant Exercises
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387334 usd
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0 usd
CY2023 us-gaap Proceeds From Stock Options Exercised
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4687 usd
CY2024 us-gaap Net Cash Provided By Used In Financing Activities
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CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2024 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8023716 usd
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12593692 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3110755 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2024 us-gaap Interest Paid
InterestPaid
241000 usd
CY2023 us-gaap Interest Paid
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140000 usd
CY2024 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 usd
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IncomeTaxesPaid
0 usd
CY2024 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
313536 usd
CY2023 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
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CY2024 knwn Common Stock Dividends On Series D Preferred Stock
CommonStockDividendsOnSeriesDPreferredStock
0 usd
CY2023 knwn Common Stock Dividends On Series D Preferred Stock
CommonStockDividendsOnSeriesDPreferredStock
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CY2024 knwn Warrants Issued For Debt Offering
WarrantsIssuedForDebtOffering
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WarrantsIssuedForDebtOffering
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CY2024 knwn Issuance Of Common Stock For Debt Payment
IssuanceOfCommonStockForDebtPayment
240000 usd
CY2023 knwn Issuance Of Common Stock For Debt Payment
IssuanceOfCommonStockForDebtPayment
0 usd
CY2024 knwn Issuance Costs From Common Stock Offering
IssuanceCostsFromCommonStockOffering
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IssuanceCostsFromCommonStockOffering
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CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2024Q3 knwn Net Working Capital
NetWorkingCapital
2052624 usd
CY2024Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
250000 usd
CY2024 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
6114121 usd
CY2023 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
7727467 usd
CY2024 knwn Severance And Other Expenses
SeveranceAndOtherExpenses
405000 usd
CY2023 knwn Severance And Other Expenses
SeveranceAndOtherExpenses
859000 usd
CY2024 us-gaap Advertising Expense
AdvertisingExpense
605830 usd
CY2023 us-gaap Advertising Expense
AdvertisingExpense
307638 usd
CY2024Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
2941616 usd
CY2023Q3 us-gaap Money Market Funds At Carrying Value
MoneyMarketFundsAtCarryingValue
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CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2024Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
27506731 shares
CY2024 knwn Convertible Debentures
ConvertibleDebentures
1961575 usd
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
80358463 shares
CY2023Q3 us-gaap Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
14506158 shares
CY2023 knwn Convertible Debentures
ConvertibleDebentures
2761931 usd
CY2024Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
279683 usd
CY2023Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
213330 usd
CY2024Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
21366 usd
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FurnitureAndFixturesGross
21366 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
234253 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
153371 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
66796 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
81325 usd
CY2024 us-gaap Depreciation
Depreciation
80881 usd
CY2023 us-gaap Depreciation
Depreciation
313019 usd
CY2023Q3 knwn Assets Net Book Value
AssetsNetBookValue
549431 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
358288 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
154797 usd
CY2024Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
337703 usd
CY2023Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
145090 usd
CY2024 us-gaap Lease Cost
LeaseCost
136000 usd
CY2023 us-gaap Lease Cost
LeaseCost
268000 usd
CY2024 knwn Operatingleaseweighted Average Remaining Lease Term
OperatingleaseweightedAverageRemainingLeaseTerm
P34M
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.07 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
127795 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
143819 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
123389 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
395002 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
36714 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
358288 usd
CY2024Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
4723506 usd
CY2023Q3 us-gaap Debt Instrument Fair Value
DebtInstrumentFairValue
2761931 usd
CY2024Q3 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
407522 usd
CY2023Q3 us-gaap Convertible Debt Noncurrent
ConvertibleDebtNoncurrent
0 usd
CY2024Q3 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
4315984 usd
CY2023Q3 us-gaap Convertible Debt Current
ConvertibleDebtCurrent
2761931 usd
CY2024Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
4723506 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
2761931 usd
CY2024 knwn Note Shares And Warrant Shares Upon Repayment Or Conversion Of Notes And Exercise Of Warrants Description
NoteSharesAndWarrantSharesUponRepaymentOrConversionOfNotesAndExerciseOfWarrantsDescription
Issuance of note shares and warrant shares upon repayment or conversion of notes and exercise of warrants is subject to an ownership limitation equal to 4.99% of our outstanding shares of common stock; provided, that if Lind and its affiliates beneficially own in excess of 4.99% of our outstanding shares of common stock, then such limitation shall automatically increase to 9.99% so long as Lind and its affiliates own in excess of 4.99% of such common stock (and shall, for the avoidance of doubt, automatically decrease to 4.99% upon Lind and its affiliates ceasing to own in excess of 4.99% of such common stock)
CY2024 us-gaap Interest Expense Debt
InterestExpenseDebt
250000 usd
CY2024 us-gaap Recapitalization Costs
RecapitalizationCosts
15000000 usd
CY2024 knwn Securities Purchase Agreement Description
SecuritiesPurchaseAgreementDescription
the Company incurred approximately $994,000 of issuance costs of which $557,000 were allocated to the note and $437,000 to the warrant shares. The amount allocated to the notes was recorded as debt discount (with an offset to APIC) and will be amortized over the two-year term of the notes
CY2024 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
830948 usd
CY2024 us-gaap Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
546697 shares
CY2024Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.44
CY2024Q3 us-gaap Common Unit Issuance Value
CommonUnitIssuanceValue
240000 usd
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024 knwn Promissory Notes Convertible Into Common Stock
PromissoryNotesConvertibleIntoCommonStock
9020264 shares
CY2024 us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
7634381 shares
CY2024 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
197010 usd
CY2024Q1 knwn Description Of Automatic Conversion Of Convertible
DescriptionOfAutomaticConversionOfConvertible
the Company issued 102,302 shares of the Company’s common stock at $0.782 with a total value of $80,000 related to a debt offering. The $80,000 was recorded as debt issuance costs and is being amortized over the two-year term of the debt
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
3201534 shares
CY2024Q3 knwn Number Of Common Stock Shares Settled
NumberOfCommonStockSharesSettled
6365385 shares
CY2024Q3 knwn Exercise Price
ExercisePrice
0.26
CY2024Q3 knwn Gross Proceed From Public Issue Stock
GrossProceedFromPublicIssueStock
1655000 usd
CY2024Q3 knwn Net Proceed From Deducting Issue Stock
NetProceedFromDeductingIssueStock
1515000 usd
CY2024Q1 knwn Interest Expense As Incremental Cost
InterestExpenseAsIncrementalCost
594761 usd
CY2024 knwn Aggregate Principal Amount
AggregatePrincipalAmount
1987500 usd
CY2024 knwn Interest Expense As Incremental Cost
InterestExpenseAsIncrementalCost
194019 usd
CY2023Q3 knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Numbers
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumbers
20866313 shares
CY2023Q3 knwn Outstanding At Begenning Of Period
OutstandingAtBegenningOfPeriod
1.06
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
29679033 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.37
CY2024 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
853328 shares
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.25
CY2024 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
350157 shares
CY2024 knwn Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInWeightedAverageExercisePrice
0.42
CY2024 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
0
CY2024 knwn Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Numbe
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumbe
49341861 shares
CY2024Q3 knwn Outstanding At End Of Period
OutstandingAtEndOfPeriod
0.66
CY2024 knwn Exercisable At End Of Period
ExercisableAtEndOfPeriod
49341861 shares
CY2024Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
49341861 shares
CY2024 knwn Weighted Averages Remaining Life Years
WeightedAveragesRemainingLifeYears
P2Y6M
CY2024Q3 knwn Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisePriceBeginningBalance1
0.66
CY2024Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
49341861 shares
CY2024Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
0.66
CY2024 srt Federal Funds Sold Average Yield
FederalFundsSoldAverageYield
0 pure
CY2024 knwn Stock Price
StockPrice
0.37
CY2024 knwn Exercise Price
ExercisePrice
0.37
CY2024 knwn Expected Life
ExpectedLife
P3Y
CY2024 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
1.07 pure
CY2024 us-gaap Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
49341861 usd
CY2024 knwn Sharebased Compensation Arrangements By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementsBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
1035393 usd
CY2024Q3 knwn Share Based Compensation Shares Authorized Under Stocks Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStocksOptionPlansExercisePriceRangeNumberOfOutstandingOptions
27506731 shares
CY2024 knwn Weighted Average Remaining Life Years
WeightedAverageRemainingLifeYears
P3Y5M8D
CY2024Q3 knwn Weighted Average Exercise Price Outstanding
WeightedAverageExercisePriceOutstanding
0.81
CY2024Q3 knwn Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Numbers Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumbersOfExercisableOptions
11477211 shares
CY2024Q3 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
0.83
CY2024 knwn Stock Option Grants
StockOptionGrants
27506731 shares
CY2024 knwn Intrinsic Value
IntrinsicValue
306899 usd
CY2017Q2 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
2908 usd
CY2017Q2 knwn Lease Description
LeaseDescription
The Company vacated the office on May 31, 2024
CY2021Q2 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
8697 usd
CY2021Q2 knwn Lease Description
LeaseDescription
the lease was terminated on February 5, 2024
CY2021Q4 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
5000 usd
CY2021Q4 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2023-12-31
CY2022Q4 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
2250 usd
CY2022Q4 knwn Lease Description
LeaseDescription
The Company vacated the office on May 31, 2024
CY2024Q1 us-gaap Sale Leaseback Transaction Monthly Rental Payments
SaleLeasebackTransactionMonthlyRentalPayments
11492 usd
CY2024Q1 knwn Lease Description
LeaseDescription
increases at 3% annually after year one. The lease commenced on May 1, 2024 and terminates on July 31, 2027
CY2024 knwn Losses Arising From United States Taxable
LossesArisingFromUnitedStatesTaxable
9000000 usd
CY2023 knwn Losses Arising From United States Taxable
LossesArisingFromUnitedStatesTaxable
4200000 usd
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
5900000 usd
CY2024 knwn Federal Net Operating Loss Carryforwards Expired
FederalNetOperatingLossCarryforwardsExpired
expire in 2028-2044
CY2024 knwn Effective Tax Rate
EffectiveTaxRate
1 pure
CY2024Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
17400000 usd
CY2023Q3 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
14200000 usd
CY2024Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
12399000 usd
CY2023Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
10476000 usd
CY2024Q3 knwn Deferred Tax Assets Operating Loss Carryforwards Stock Based Compensation
DeferredTaxAssetsOperatingLossCarryforwardsStockBasedCompensation
2671000 usd
CY2023Q3 knwn Deferred Tax Assets Operating Loss Carryforwards Stock Based Compensation
DeferredTaxAssetsOperatingLossCarryforwardsStockBasedCompensation
2174000 usd
CY2024Q3 knwn Deferred Tax Assets Operating Loss Carryforwards Research And Development
DeferredTaxAssetsOperatingLossCarryforwardsResearchAndDevelopment
2292000 usd
CY2023Q3 knwn Deferred Tax Assets Operating Loss Carryforwards Research And Development
DeferredTaxAssetsOperatingLossCarryforwardsResearchAndDevelopment
1460000 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
0 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
0 usd
CY2024Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
18000 usd
CY2023Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
46000 usd
CY2024Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17380000 usd
CY2023Q3 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
14156000 usd
CY2024Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
17380000 usd
CY2023Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
14156000 usd
CY2024Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2024 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
3224000 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
2789000 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.01 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.01 pure
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.20 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.18 pure
CY2024 knwn Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Other And Prior Year True Up
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsOtherAndPriorYearTrueUp
0 pure
CY2023 knwn Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Other And Prior Year True Up
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsOtherAndPriorYearTrueUp
0.02 pure
CY2024 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0 pure

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