2023 Q2 Form 10-K Financial Statement

#000109690623000835 Filed on April 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q4 2022
Revenue $51.48K $606.8K
YoY Change -76.83% 245.5%
Cost Of Revenue $40.52K $147.1K
YoY Change 23.13%
Gross Profit $10.96K $459.7K
YoY Change -94.21% 161.73%
Gross Profit Margin 21.28% 75.75%
Selling, General & Admin $555.6K
YoY Change -46.02%
% of Gross Profit 120.85%
Research & Development $265.7K $1.219M
YoY Change -2.32% 27.69%
% of Gross Profit 2425.62% 265.2%
Depreciation & Amortization $1.189K
YoY Change
% of Gross Profit 0.26%
Operating Expenses $832.1K $4.533M
YoY Change -47.07% 78.08%
Operating Profit -$821.2K -$3.927M
YoY Change -39.17% 65.67%
Interest Expense $12.82K $20.25K
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$793.5K -$3.947M
YoY Change -41.22% 66.53%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$793.5K -$3.947M
YoY Change -41.22% 66.53%
Net Earnings / Revenue -1541.38% -650.39%
Basic Earnings Per Share -$0.01 -$0.03
Diluted Earnings Per Share -$0.01 -$0.03
COMMON SHARES
Basic Shares Outstanding 149.4M shares 128.8M shares 128.8M shares
Diluted Shares Outstanding 150.5M shares 128.8M shares

Balance Sheet

Concept 2023 Q2 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $33.57K $30.58K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $33.57K $30.58K
YoY Change -48.72% -94.99%
LONG-TERM ASSETS
Property, Plant & Equipment $5.069K $5.623K
YoY Change -17.94% 113.4%
Goodwill
YoY Change
Intangibles $1.067M
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.536M $1.191M
YoY Change 64.76% 93.31%
TOTAL ASSETS
Total Short-Term Assets $33.57K $30.58K
Total Long-Term Assets $1.536M $1.191M
Total Assets $1.569M $1.222M
YoY Change 57.31% -0.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $823.3K $546.8K
YoY Change 60.35% -4.54%
Accrued Expenses $123.8K $124.6K
YoY Change 198.75% -63.9%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.083M $729.7K
YoY Change 39.34% -64.2%
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 $2.083M $729.7K
Total Long-Term Liabilities
Total Liabilities $2.121M $795.7K
YoY Change 33.5% -60.96%
SHAREHOLDERS EQUITY
Retained Earnings -$8.150M -$6.499M
YoY Change 68.9% 154.61%
Common Stock $15.07K $14.95K
YoY Change 27.76% 28.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$551.2K $426.0K
YoY Change
Total Liabilities & Shareholders Equity $1.569M $1.222M
YoY Change 57.31% -0.35%

Cashflow Statement

Concept 2023 Q2 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$793.5K -$3.947M
YoY Change -41.22% 66.53%
Depreciation, Depletion And Amortization $1.189K
YoY Change
Cash From Operating Activities -$2.576M
YoY Change 150.85%
INVESTING ACTIVITIES
Capital Expenditures $6.656K
YoY Change 148.36%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$398.5K
YoY Change -9.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.000M
YoY Change 354.55%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $2.395M
YoY Change 83.38%
NET CHANGE
Cash From Operating Activities -$2.576M
Cash From Investing Activities -$398.5K
Cash From Financing Activities $2.395M
Net Change In Cash -$579.3K
YoY Change 256.27%
FREE CASH FLOW
Cash From Operating Activities -$2.576M
Capital Expenditures $6.656K
Free Cash Flow -$2.582M
YoY Change 150.84%

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CY2022 us-gaap Nature Of Operations
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<p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"><b>NOTE 1. BUSINESS</b></p> <p style="font:8pt Times New Roman;margin:0;color:#000000;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify">KwikClick, Inc., (the Company) was organized pursuant to the laws of the State of Delaware on November 16, 1993. Beginning in 2020, the Company commenced its KwikClick business operations to allow sellers to make products or services available on the KwikClick platform, at Kwik.com, offering a self-determined incentive budget on goods or services in exchange for exposure and substantially increased sales volume. KWIKClick is a social interaction, selling, and referral software platform.  Stores and manufacturers (“Brands”) wishing to promote their products or services on the KWIKClick software platform, which connects them to promoters, influencers, and customers.  When the Brand is paid for the consumer purchases through the KWIKClick platform, the Brand pays an incentive budget to KWIKClick.  KWIKClick receives the entire incentive budget as revenue for generating the sales through its platform, and recognizes cost of sales upon calculation and payment of the commissions paid to the wave of affiliates.  </p>
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
3600000 shares
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
400000 shares
CY2022Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
8483 usd
CY2021Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
4483 usd
CY2022Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
2860 usd
CY2021Q4 us-gaap Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
1848 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
5623 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2635 usd
CY2022Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
1028059 usd
CY2021Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
634317 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
100000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
0 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
61279 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
20810 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1066780 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
613507 usd
CY2022 us-gaap Depreciation
Depreciation
1189 usd
CY2021 us-gaap Depreciation
Depreciation
45 usd
CY2022 us-gaap Adjustment For Amortization
AdjustmentForAmortization
40469 usd
CY2021 us-gaap Adjustment For Amortization
AdjustmentForAmortization
16008 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
62502 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
62502 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
62502 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
62502 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
62502 usd
CY2022Q4 fil Finite Lived Intangible Asset Expected Amortization Thereafter
FiniteLivedIntangibleAssetExpectedAmortizationThereafter
754270 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
1066780 usd
CY2022 us-gaap Revenue Recognition Sales Returns
RevenueRecognitionSalesReturns
<p style="font:10pt Times New Roman;margin:0;color:#000000"><span style="background-color:#FFFFFF"><b>Return Allowances</b></span></p> <p style="font:13.5pt Times New Roman;margin:0;color:#000000"> </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"><span style="background-color:#FFFFFF">The fees earned by the Company are subject to returns under similar terms as set by the third-party services using the Company’s software platform.  The Company does not assume responsibility for refund or replacement of product costs.  Return allowances, which reduce revenue and cost of sales, are estimated using historical experience. During the years ended December 31, 2022 and 2021, the Company did not incur material returns.</span></p>
CY2022 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font:10pt Times New Roman;margin:0"><b>Reclassifications</b></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">During the year ended December 31, 2022, the Company determined it does not obtain any form of control of the products sold on its software platform.  In these transactions the Company is considered an agent and records revenue as the net amount it retains for its role in facilitating third-party sales.  During 2021, the Company presented its revenue and cost of sales inclusive of the consideration received and paid for the products controlled by the seller.  As of result of the agency determination the Company grossed down its 2021 revenue and cost of sales as follows:</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <table style="border-collapse:collapse;width:100%"><tr style="height:7.2pt"><td style="width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:20.2%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>As Presented</b></p> </td><td style="width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:2.88%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:21.16%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>As Reclassified</b></p> </td></tr> <tr style="height:7.2pt"><td style="width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:20.2%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>December 31,</b></p> </td><td style="width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:2.88%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:21.16%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>December 31,</b></p> </td></tr> <tr style="height:7.2pt"><td style="width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:20.2%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>2021</b></p> </td><td style="width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:18.54%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>Reclassification</b></p> </td><td style="width:2.88%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:21.16%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>2021</b></p> </td></tr> <tr style="height:7.2pt"><td style="width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:20.2%;border-top:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:18.54%;border-top:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.88%" valign="top"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:21.16%;border-top:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#D3F0FE;width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000">Revenue</p> </td><td style="background-color:#D3F0FE;width:20.2%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">102,311</kbd> </p> </td><td style="background-color:#D3F0FE;width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:76pt">(76,671)</kbd> </p> </td><td style="background-color:#D3F0FE;width:2.88%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:21.16%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">25,640</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000">Licensing Revenue</p> </td><td style="width:20.2%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">150,000</kbd> </p> </td><td style="width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:2.88%;border-bottom:0.5pt solid #000000" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:21.16%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">150,000</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#D3F0FE;width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000">Total Revenue</p> </td><td style="background-color:#D3F0FE;width:20.2%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">252,311</kbd> </p> </td><td style="background-color:#D3F0FE;width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:2.88%;border-bottom:3px double #000000" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:21.16%;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">175,640</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:20.2%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:2.88%" valign="top"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:21.16%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#D3F0FE;width:34.62%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000">Cost of Revenue</p> </td><td style="background-color:#D3F0FE;width:20.2%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">76,671</kbd> </p> </td><td style="background-color:#D3F0FE;width:2.6%" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:18.54%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:76pt">(76,671)</kbd> </p> </td><td style="background-color:#D3F0FE;width:2.88%;border-bottom:0.5pt solid #000000" valign="top"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#D3F0FE;width:21.16%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:77pt">-</kbd> </p> </td></tr> </table> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">During the year ended December 31, 2021 the Company presented its statements of operations on a granular basis that has been grouped for the current year presentation.  </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The following table provides an illustration of the reclassified operating expenses:</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <table style="border-collapse:collapse;width:100%"><tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"><b>As Presented:</b></p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"><b>As Reclassified:</b></p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:22.12%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>December 31,</b><br/><b>2021</b></p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:18.24%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"><b>Reclassification</b></p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:center"> </p> </td><td style="width:22.12%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:center"><b>December 31, </b><br/><b>2021</b></p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:22.12%;border-top:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.24%;border-top:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:22.12%;border-top:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#CCEEFF;width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><b>Operating Expenses:</b></p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">General and administrative</p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">3,645</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">1,025,586 </kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt">$</kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">1,029,231</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#CCEEFF;width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Management and payroll</p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">561,732</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">- </kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">561,732</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Research and development</p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;text-align:right"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">954,728 </kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">954,728</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#CCEEFF;width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Amortization and depreciation</p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">16,053</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">(16,053)</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Legal and professional</p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">163,232</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">(163,232)</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#CCEEFF;width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Marketing</p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">94,122</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">(94,122)</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Office supplies</p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">15,848</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">(15,848)</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#CCEEFF;width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Outside services</p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">1,679,333</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">(1,679,333)</kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="background-color:#CCEEFF;width:22.12%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Rent</p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="width:22.12%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">11,726</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:75pt">(11,726)</kbd> </p> </td><td style="width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0"> </p> </td><td style="width:22.12%;border-bottom:0.5pt solid #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0"><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt">-</kbd> </p> </td></tr> <tr style="height:7.2pt"><td style="background-color:#CCEEFF;width:33.42%" valign="bottom"><p style="font:10pt Times New Roman;margin:0">Total operating expenses</p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:right"> </p> </td><td style="background-color:#CCEEFF;width:22.12%;border-top:0.5pt solid #000000;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt"><b>$</b></kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt"><b>2,545,691</b></kbd> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:18.24%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:1.36%" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"> </p> </td><td style="background-color:#CCEEFF;width:22.12%;border-top:0.5pt solid #000000;border-bottom:3px double #000000" valign="bottom"><p style="font:10pt Times New Roman;margin:0;color:#000000"><kbd style="position:absolute;font:10pt Times New Roman;margin-left:7pt"><b>$</b></kbd><kbd style="position:absolute;text-align:right;font:10pt Times New Roman;width:93pt"><b>2,545,691</b></kbd> </p> </td></tr> </table> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The reclassification did not have a material impact on the Company’s financial position, results of operations, or cash flows as of and for the year ended December 31, 2021. </p>
CY2021 fil Brand Services Revenue
BrandServicesRevenue
25640 usd
CY2021 fil Software Licensing Revenue
SoftwareLicensingRevenue
150000 usd
CY2021 us-gaap Revenues
Revenues
175640 usd
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
0 usd
CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1029231 usd
CY2021 us-gaap Salaries And Wages
SalariesAndWages
561732 usd
CY2021 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
954728 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
0 usd
CY2021 us-gaap Legal Fees
LegalFees
0 usd
CY2021 us-gaap Marketing Expense
MarketingExpense
0 usd
CY2021 us-gaap Supplies Expense
SuppliesExpense
0 usd
CY2021 fil Outside Services
OutsideServices
0 usd
CY2021 us-gaap Payments For Rent
PaymentsForRent
0 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
2545691 usd
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
20250 usd
CY2022 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1479739 usd
CY2022Q4 fil Subscription Receivable
SubscriptionReceivable
-520261 usd
CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000000 usd
CY2022 fil Issuance Of Common Stock For Intellectual Property Acquisition
IssuanceOfCommonStockForIntellectualPropertyAcquisition
100000 usd
CY2022 us-gaap Marketing Expense
MarketingExpense
270284 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"><b>Use of Estimates</b></p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify">The preparation of financial statements in conformity with US 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 revenue and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2022 fil Common Stock Issued For Stock Issuable Settlement
CommonStockIssuedForStockIssuableSettlement
1041200 usd
CY2021 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
220000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3946791 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
947624 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
377280 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
947624 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
377280 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-828826 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-497711 usd
CY2022 fil Effective Income Tax Rate Reconciliation Stock For Services
EffectiveIncomeTaxRateReconciliationStockForServices
258482 usd
CY2021 fil Effective Income Tax Rate Reconciliation Stock For Services
EffectiveIncomeTaxRateReconciliationStockForServices
25200 usd
CY2022 fil Effective Income Tax Rate Reconciliation Stock Options
EffectiveIncomeTaxRateReconciliationStockOptions
0 usd
CY2021 fil Effective Income Tax Rate Reconciliation Stock Options
EffectiveIncomeTaxRateReconciliationStockOptions
63579 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
0 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
70000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-570344 usd
CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
-338932 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
120000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
0 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
5797550 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.22
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
2197550 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedWeightedAverageGrantDateFairValue
0.43
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3600000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.10
CY2022Q4 fil Committed Shares Of Stock For The Fulfillment Of The Unissued Vested Shares And Unvested Awards
CommittedSharesOfStockForTheFulfillmentOfTheUnissuedVestedSharesAndUnvestedAwards
3730883 shares
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
-1230867 usd
CY2021 fil Stock Options Issued For Services
StockOptionsIssuedForServices
302758 usd
CY2022 fil Stock Options Issued For Services
StockOptionsIssuedForServices
0 usd
CY2021 fil Stock Options Issued For Services
StockOptionsIssuedForServices
302758 usd
CY2021 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
34489 usd
CY2022 us-gaap Interest Expense Debt
InterestExpenseDebt
20249 usd
CY2021 us-gaap Interest Expense Debt
InterestExpenseDebt
0 usd
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
120000 usd
CY2022 fil Revenue From Licensing Agreement
RevenueFromLicensingAgreement
300000 usd
CY2021 fil Revenue From Licensing Agreement
RevenueFromLicensingAgreement
150000 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
61553 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
63400 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
5296 usd
CY2022Q4 fil Total Undiscounted Cash Payments
TotalUndiscountedCashPayments
130249 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
9901 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
120348 usd
CY2022 us-gaap Operating Lease Expense
OperatingLeaseExpense
56578 usd
CY2021 us-gaap Operating Lease Expense
OperatingLeaseExpense
0 usd

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