2022 Q1 Form 10-Q Financial Statement
#000165495422007237 Filed on May 19, 2022
Income Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| Revenue | $1.212M | $976.0K |
| YoY Change | 24.19% | |
| Cost Of Revenue | $298.6K | $357.0K |
| YoY Change | -16.37% | |
| Gross Profit | $913.5K | $619.0K |
| YoY Change | 47.57% | |
| Gross Profit Margin | 75.37% | 63.42% |
| Selling, General & Admin | $442.4K | $390.0K |
| YoY Change | 13.44% | |
| % of Gross Profit | 48.43% | 63.0% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $89.96K | $100.0K |
| YoY Change | -10.04% | |
| % of Gross Profit | 9.85% | 16.15% |
| Operating Expenses | $536.8K | $500.7K |
| YoY Change | 7.2% | |
| Operating Profit | $376.7K | $118.3K |
| YoY Change | 218.48% | |
| Interest Expense | $4.408K | $16.24K |
| YoY Change | -72.86% | |
| % of Operating Profit | 1.17% | 13.73% |
| Other Income/Expense, Net | -$4.408K | |
| YoY Change | ||
| Pretax Income | $376.7K | $120.0K |
| YoY Change | 213.92% | |
| Income Tax | $0.00 | $68.00 |
| % Of Pretax Income | 0.0% | 0.06% |
| Net Earnings | $376.7K | $118.3K |
| YoY Change | 218.48% | -184.27% |
| Net Earnings / Revenue | 31.08% | 12.12% |
| Basic Earnings Per Share | $0.08 | |
| Diluted Earnings Per Share | $47.81K | $0.02 |
| COMMON SHARES | ||
| Basic Shares Outstanding | ||
| Diluted Shares Outstanding |
Balance Sheet
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $466.5K | |
| YoY Change | ||
| Cash & Equivalents | $466.5K | $380.8K |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | $1.924M | |
| Prepaid Expenses | ||
| Receivables | $737.6K | |
| Other Receivables | $0.00 | |
| Total Short-Term Assets | $3.128M | |
| YoY Change | ||
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $671.3K | |
| YoY Change | ||
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $4.410K | |
| YoY Change | ||
| Total Long-Term Assets | $4.240M | |
| YoY Change | ||
| TOTAL ASSETS | ||
| Total Short-Term Assets | $3.128M | |
| Total Long-Term Assets | $4.240M | |
| Total Assets | $7.368M | |
| YoY Change | ||
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $202.0K | |
| YoY Change | ||
| Accrued Expenses | $141.9K | |
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $850.3K | |
| YoY Change | ||
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $0.00 | |
| YoY Change | ||
| Other Long-Term Liabilities | $579.8K | |
| YoY Change | ||
| Total Long-Term Liabilities | $579.8K | |
| YoY Change | ||
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $850.3K | |
| Total Long-Term Liabilities | $579.8K | |
| Total Liabilities | $1.430M | |
| YoY Change | ||
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $646.0K | |
| YoY Change | ||
| Common Stock | $48.78K | |
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $5.938M | $5.410M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $7.368M | |
| YoY Change |
Cashflow Statement
| Concept | 2022 Q1 | 2021 Q1 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $376.7K | $118.3K |
| YoY Change | 218.48% | -184.27% |
| Depreciation, Depletion And Amortization | $89.96K | $100.0K |
| YoY Change | -10.04% | |
| Cash From Operating Activities | $182.2K | -$91.24K |
| YoY Change | -299.69% | |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$4.200K | $0.00 |
| YoY Change | ||
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | ||
| YoY Change | ||
| Cash From Investing Activities | -$4.195K | -$2.995K |
| YoY Change | 40.07% | |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -$327.2K | $148.3K |
| YoY Change | -320.67% | |
| NET CHANGE | ||
| Cash From Operating Activities | $182.2K | -$91.24K |
| Cash From Investing Activities | -$4.195K | -$2.995K |
| Cash From Financing Activities | -$327.2K | $148.3K |
| Net Change In Cash | -$149.2K | $54.06K |
| YoY Change | -376.06% | |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $182.2K | -$91.24K |
| Capital Expenditures | -$4.200K | $0.00 |
| Free Cash Flow | $186.4K | -$91.24K |
| YoY Change | -304.3% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2022Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
298588 | USD |
| CY2021Q1 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
357020 | USD |
| CY2022Q1 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
0 | USD |
| CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
261684 | USD |
| CY2022Q1 | us-gaap |
Liabilities Noncurrent
LiabilitiesNoncurrent
|
579779 | USD |
| CY2022Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
4878417 | shares |
| CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
| CY2022Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
| CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
4878417 | shares |
| CY2022Q1 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
3109455 | USD |
| CY2021Q4 | us-gaap |
Intangible Assets Current
IntangibleAssetsCurrent
|
3167945 | USD |
| CY2022Q1 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
15456 | USD |
| CY2021Q4 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
15456 | USD |
| CY2022Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
506434 | USD |
| CY2021Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
91775 | USD |
| CY2022Q1 | us-gaap |
Gross Profit
GrossProfit
|
913496 | USD |
| CY2021Q1 | us-gaap |
Gross Profit
GrossProfit
|
619005 | USD |
| CY2022Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
89961 | USD |
| CY2021Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
98640 | USD |
| CY2022Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
144242 | USD |
| CY2021Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
89081 | USD |
| CY2022Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
252897 | USD |
| CY2021Q1 | us-gaap |
Labor And Related Expense
LaborAndRelatedExpense
|
253560 | USD |
| CY2022Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
45289 | USD |
| CY2021Q1 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
43133 | USD |
| CY2021Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
68 | USD |
| CY2022Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
536797 | USD |
| CY2021Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
500723 | USD |
| CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
376699 | USD |
| CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
118282 | USD |
| CY2022Q1 | laser |
Depreciation And Amortizations
DepreciationAndAmortizations
|
89961 | USD |
| CY2021Q1 | laser |
Depreciation And Amortizations
DepreciationAndAmortizations
|
95890 | USD |
| CY2022Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
45289 | USD |
| CY2021Q1 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
43133 | USD |
| CY2022Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
653191 | USD |
| CY2021Q1 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-137964 | USD |
| CY2022Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
-1406 | USD |
| CY2021Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
0 | USD |
| CY2022Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
133076 | USD |
| CY2021Q1 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-188632 | USD |
| CY2022Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
414659 | USD |
| CY2021Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-582295 | USD |
| CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
88547 | USD |
| CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-49710 | USD |
| CY2022Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-45289 | USD |
| CY2021Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-43133 | USD |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
182193 | USD |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-91237 | USD |
| CY2022Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4195 | USD |
| CY2021Q1 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
2995 | USD |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4195 | USD |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2995 | USD |
| CY2022Q1 | laser |
Proceeds From Repayment Of Ppp Loans
ProceedsFromRepaymentOfPppLoans
|
-65550 | USD |
| CY2021Q1 | laser |
Proceeds From Repayment Of Ppp Loans
ProceedsFromRepaymentOfPppLoans
|
198750 | USD |
| CY2022Q1 | laser |
Proceeds From Repayment Of Loan Payable Related Party
ProceedsFromRepaymentOfLoanPayableRelatedParty
|
-261684 | USD |
| CY2021Q1 | laser |
Proceeds From Repayment Of Loan Payable Related Party
ProceedsFromRepaymentOfLoanPayableRelatedParty
|
-50459 | USD |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-327234 | USD |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
148291 | USD |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-149236 | USD |
| CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
54059 | USD |
| CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
615749 | USD |
| CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
326713 | USD |
| CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
466513 | USD |
| CY2021Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
380772 | USD |
| CY2022Q1 | us-gaap |
Interest Paid
InterestPaid
|
4408 | USD |
| CY2021Q1 | us-gaap |
Interest Paid
InterestPaid
|
16241 | USD |
| CY2022Q1 | laser |
Inventory Sales Demo
InventorySalesDemo
|
862090 | USD |
| CY2021Q4 | laser |
Inventory Sales Demo
InventorySalesDemo
|
885514 | USD |
| CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at dates of the financial statements and the reported amounts of revenue and expenses during the periods. Actual results could differ from these estimates. Our significant estimates and assumptions include depreciation and the fair value of our stock, stock-based compensation, debt discount and the valuation allowance relating to the Company’s deferred tax assets.</p> | |
| CY2022Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
737555 | USD |
| CY2022Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
690948 | USD |
| CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
731863 | USD |
| CY2022Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
327743 | USD |
| CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
161918 | USD |
| CY2022Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
43247 | USD |
| CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
11657 | USD |
| CY2022Q1 | laser |
Inventory
Inventory
|
1924028 | USD |
| CY2021Q4 | laser |
Inventory
Inventory
|
1790952 | USD |
| CY2022Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
213802 | USD |
| CY2022Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
671305 | USD |
| CY2022Q1 | laser |
Accumulated Amortization
AccumulatedAmortization
|
298815 | USD |
| CY2021Q4 | laser |
Accumulated Amortization
AccumulatedAmortization
|
236130 | USD |
| CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3109455 | USD |
| CY2021Q1 | laser |
Annual Interest
AnnualInterest
|
0.06 | pure |
| CY2022Q1 | laser |
Current Liabilitiespolicytextblock
CurrentLiabilitiespolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">Our current liabilities consist of accounts payable, accrued liabilities, sales tax payable, current portion of operating lease payable and deferred revenue. Sales tax liability is created when the Company sells equipment and services to another entity located in the State of Florida. Currently the sales tax rate in Orange County, our place of business, is 6.5%. As of March 31, 2022, our sales tax liability was recorded at $15,456.</p> | |
| CY2022Q1 | us-gaap |
Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
|
15456 | USD |
| CY2021Q1 | us-gaap |
Derivative Maturity Dates
DerivativeMaturityDates
|
2023-01-31 | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
-327234 | USD |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
148291 | USD |
| CY2022Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
466513 | USD |
| CY2022Q1 | laser |
Current Assets Excluding Cash And Cash Equivalents
CurrentAssetsExcludingCashAndCashEquivalents
|
2661583 | USD |
| CY2022Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
850347 | USD |
| CY2022Q1 | laser |
Working Capital
WorkingCapital
|
2277749 | USD |
| CY2021Q4 | laser |
Working Capital
WorkingCapital
|
2098635 | USD |
| CY2022Q1 | laser |
Deferred Revenuepolicytextblock
DeferredRevenuepolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The Company requires deposits for most sales orders. These deposits are recorded as deferred revenue until such time as the revenue recognition criteria for that project or order is completed. As of March 31, 2022, our deferred revenue was recorded at $506,434 compared to $91,775 recorded at December 31, 2021.</p> | |
| CY2022Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
506434 | USD |
| CY2021Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
91775 | USD |
| CY2022Q1 | laser |
Scheduleofliquidity And Capital Resourcestabletextblock
ScheduleofliquidityAndCapitalResourcestabletextblock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="BORDER-BOTTOM: #000000 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>For three Months ending March 31,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong> 2022</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong> 2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Net cash provided by Operating Activities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">182,193</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(91,237</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Net cash provided by Investing Activities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(4,195</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(2,995</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Net cash provided by Financing Activities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(327,234</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">148,291</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
182193 | USD |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-91237 | USD |
| CY2022Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-4195 | USD |
| CY2021Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-2995 | USD |
| CY2021Q1 | laser |
Principal Amount
PrincipalAmount
|
439990 | USD |
| CY2021Q4 | laser |
Principal Amount
PrincipalAmount
|
745438 | USD |
| CY2021Q4 | us-gaap |
Derivative Maturity Dates
DerivativeMaturityDates
|
2023-12-31 | |
| CY2021Q4 | laser |
Unpaid Principal Amount
UnpaidPrincipalAmount
|
261684 | USD |
| CY2022Q1 | laser |
Off Balance Sheet Arrangementspolicytextblock
OffBalanceSheetArrangementspolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">During the quarter ended March 31, 2022, the Company did not engage in any off-balance sheet arrangements as defined in item 303(a)(4) of the SEC’s Regulation S-K.</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 0px 0px 0in; text-align:justify;">The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.</p> | |
| CY2022Q1 | us-gaap |
Area Of Land
AreaOfLand
|
18000 | sqft |
| CY2022Q1 | us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2024-10-20 |
