2023 Q4 Form 10-Q Financial Statement

#000157587223001754 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $0.00 $3.266M
YoY Change -100.0% -20.36%
Cost Of Revenue $0.00 $3.208M
YoY Change -100.0% 14.87%
Gross Profit $0.00 $57.97K
YoY Change -100.0% -95.57%
Gross Profit Margin 1.78%
Selling, General & Admin $16.05M $3.257M
YoY Change 2472.15% -57.48%
% of Gross Profit 5618.1%
Research & Development $0.00 $0.00
YoY Change -100.0% -100.0%
% of Gross Profit 0.0%
Depreciation & Amortization -$1.136M $690.0K
YoY Change -114.36% 4926.22%
% of Gross Profit 1190.31%
Operating Expenses $16.41M $3.946M
YoY Change 37.62% -56.17%
Operating Profit -$16.41M -$3.888M
YoY Change 44.96% -49.47%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net $0.00 -$46.39K
YoY Change -100.0% -1546466.67%
Pretax Income -$16.41M -$3.930M
YoY Change -47.11% -48.93%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$20.10M -$3.934M
YoY Change -35.23% -48.87%
Net Earnings / Revenue -120.48%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share -$0.20 -$0.04
COMMON SHARES
Basic Shares Outstanding 147.0M 103.0M
Diluted Shares Outstanding 101.7M

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $16.86K $390.0K
YoY Change -96.43% 5.9%
Cash & Equivalents $16.86K $392.9K
Short-Term Investments
Other Short-Term Assets $152.0K $80.00K
YoY Change -45.66% -89.7%
Inventory
Prepaid Expenses $152.0K $84.22K
Receivables $600.0K
Other Receivables $482.4K $482.4K
Total Short-Term Assets $651.3K $1.555M
YoY Change -72.88% -62.09%
LONG-TERM ASSETS
Property, Plant & Equipment $53.05K
YoY Change -53.8%
Goodwill $5.578M
YoY Change 0.0%
Intangibles $0.00 $5.622M
YoY Change -100.0% -52.16%
Long-Term Investments
YoY Change
Other Assets $0.00
YoY Change
Total Long-Term Assets $0.00 $11.25M
YoY Change -100.0% -35.5%
TOTAL ASSETS
Total Short-Term Assets $651.3K $1.555M
Total Long-Term Assets $0.00 $11.25M
Total Assets $651.3K $12.81M
YoY Change -95.71% -40.56%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $992.0K $2.944M
YoY Change -80.45% -22.18%
Accrued Expenses $50.00K $2.550M
YoY Change -97.71% -23.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.042M $5.498M
YoY Change -86.14% -24.84%
LONG-TERM LIABILITIES
Long-Term Debt $10.00K $10.00K
YoY Change 0.0% 0.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $10.00K $10.00K
YoY Change 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.042M $5.498M
Total Long-Term Liabilities $10.00K $10.00K
Total Liabilities $1.052M $5.508M
YoY Change -86.03% -24.81%
SHAREHOLDERS EQUITY
Retained Earnings -$131.8M -$151.4M
YoY Change 0.3% 50.78%
Common Stock $14.39K $12.94K
YoY Change 160.99% 251.1%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$400.7K $7.300M
YoY Change
Total Liabilities & Shareholders Equity $651.3K $12.81M
YoY Change -95.71% -40.56%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income -$20.10M -$3.934M
YoY Change -35.23% -48.87%
Depreciation, Depletion And Amortization -$1.136M $690.0K
YoY Change -114.36% 4926.22%
Cash From Operating Activities $992.9K -$2.710M
YoY Change -120.92% -31.45%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$2.420K $0.00
YoY Change
Cash From Investing Activities -$2.420K $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.366M 2.600M
YoY Change -128.27% -33.76%
NET CHANGE
Cash From Operating Activities 992.9K -2.710M
Cash From Investing Activities -2.420K 0.000
Cash From Financing Activities -1.366M 2.600M
Net Change In Cash -375.3K -110.0K
YoY Change -547.21% 291.18%
FREE CASH FLOW
Cash From Operating Activities $992.9K -$2.710M
Capital Expenditures
Free Cash Flow
YoY Change

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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q1 us-gaap Stock Issued During Period Value New Issues
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CY2022Q1 lgiq Cancellation Of Shares For Proceeds
CancellationOfSharesForProceeds
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CY2022Q1 us-gaap Profit Loss
ProfitLoss
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CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
22810166
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1741423
CY2022Q2 lgiq Cancellation Of Shares For Proceeds
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CY2022Q2 us-gaap Profit Loss
ProfitLoss
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CY2022Q2 us-gaap Stockholders Equity
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CY2022Q3 us-gaap Stock Issued During Period Value New Issues
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CY2022Q3 lgiq Cancellation Of Shares For Proceeds
CancellationOfSharesForProceeds
0
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-7694799
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
14221978
CY2021Q4 lgiq App Logiq Spinoff Description
AppLogiqSpinoffDescription
GoLogiq is a fully reporting U.S. public company. In connection with the Separation, the Company announced that it intended to distribute, on a pro rata basis, 100%
CY2022Q1 lgiq App Logiq Spinoff Description
AppLogiqSpinoffDescription
The Company held the GoLogiq Shares until it distributed 100% of the GoLogiq Shares to the Company’s stockholders of record as of December 30, 2021 on a 1-for-1 basis (i.e. for every 1 share of Logiq held on December 30, 2021, the holder thereof will receive 1 share of Lovarra)
lgiq Data Logiq Spinoff Description
DataLogiqSpinoffDescription
At Closing Abri will deliver to the Company $114 million worth of shares Abri common stock, par value $0.0001, at $10.00 per share (the “Merger Consideration Shares”). Also at Closing, the Company will issue a dividend to its shareholders on a pro-rata basis equal to 25% of the aggregate Merger Consideration Shares (the “Dividend Shares”), payable to the Company shareholders of record as of a record date to be set shortly before Closing.
CY2023Q2 us-gaap Tangible Capital Required For Capital Adequacy
TangibleCapitalRequiredForCapitalAdequacy
5000001
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
1496955
us-gaap Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
3044395
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: 12pt; margin-bottom: 0.001pt; margin-top: 0px; text-align: justify;;text-indent: 0px;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">USE OF ESTIMATES</div><br/></div> <div style="font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: 12pt; margin-bottom: 0.001pt; margin-top: 0px; text-align: justify;;text-indent: 0px;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"></div><div style="font-size: 10pt; letter-spacing: 0px; white-space: pre-wrap;;display:inline;"> </div></div> <div style="font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; line-height: 12pt; margin-bottom: 0.001pt; margin-top: 0px; text-align: justify;;text-indent: 0px;"><div style="font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">The preparation of the Company’s financial statements in conformity with generally accepted accounting principles of the United States of Americ<div style="letter-spacing: 0px; top: 0px;;display:inline;">a requi</div>res 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. Management makes its best estimate of the ultimate outcome for these items based on historical trends and other information available when the financial statements are prepared. Actual results could differ from those estimates.</div></div>
lgiq Operating Segments
OperatingSegments
0.10
CY2023Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P5Y
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 12.0pt;margin-bottom: .001pt;margin-top: 0;text-align: justify;;text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">ACCOUNTS RECEIVABLE AND CONCENTRATION OF RISK</div></div> <div style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 12.0pt;margin-bottom: .001pt;margin-top: 0;text-align: justify;;text-indent: 0px;"><div style="white-space: pre-wrap; font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div> <div style="font-family: 'Times New Roman', 'serif';font-size: 10pt;line-height: 12.0pt;margin-bottom: .001pt;margin-top: 0;text-align: justify;;text-indent: 0px;"><div style="font-family: &quot;Times New Roman&quot;, &quot;serif&quot;; font-size: 10pt; letter-spacing: 0px; top: 0px;;display:inline;">Accounts receivable consists of trade receivables from customers. The Company records accounts receivable at its net realizable value, recognizing an allowance for doubtful accounts based on our best estimate of probable credit losses on our existing accounts receivable. Balances are written off against the allowance after all means of collection have been exhausted and the possibility of recovery is considered remote.</div></div>
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
24853721
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
17734610
lgiq Charge For Period For Intangible Assets
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1496955
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19231565
CY2023Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
5622156
CY2022Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7119111
CY2023Q3 lgiq Amortization Of Intangible Assets Net
AmortizationOfIntangibleAssetsNet
678952
CY2022Q3 lgiq Amortization Of Intangible Assets Net
AmortizationOfIntangibleAssetsNet
1017204
lgiq Amortization Of Intangible Assets Net
AmortizationOfIntangibleAssetsNet
1496955
lgiq Amortization Of Intangible Assets Net
AmortizationOfIntangibleAssetsNet
3044395
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
359841
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1510945
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1510945
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling Year Five
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1510945
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
729480
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5622156
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
253362
us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
0
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
253362
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
167932
lgiq Charge For Period
ChargeForPeriod
32378
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
200310
CY2023Q3 lgiq Net Property And Equipment
NetPropertyAndEquipment
53052
CY2022Q4 lgiq Net Property And Equipment
NetPropertyAndEquipment
85430
CY2023Q3 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
10368
CY2022Q3 us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
13728
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
32378
us-gaap Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
39141
CY2023Q3 us-gaap Goodwill Gross
GoodwillGross
5577926
CY2022Q4 us-gaap Goodwill Gross
GoodwillGross
5577926
CY2023Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2022Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0
CY2023Q3 us-gaap Goodwill
Goodwill
5577926
CY2022Q4 us-gaap Goodwill
Goodwill
5577926
CY2023Q3 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1198074
CY2022Q4 us-gaap Accounts Receivable Gross
AccountsReceivableGross
2252383
CY2023Q3 lgiq Allowance For Doubtful Debts
AllowanceForDoubtfulDebts
602751
CY2022Q4 lgiq Allowance For Doubtful Debts
AllowanceForDoubtfulDebts
602751
CY2023Q3 lgiq Recoveries For Accounts Receivable
RecoveriesForAccountsReceivable
595323
CY2022Q4 lgiq Recoveries For Accounts Receivable
RecoveriesForAccountsReceivable
1649632
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
602751
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
155592
lgiq Accounts Receivable Provision For Bad Debts
AccountsReceivableProvisionForBadDebts
0
CY2022 lgiq Accounts Receivable Provision For Bad Debts
AccountsReceivableProvisionForBadDebts
-447159
us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
0
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
602751
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
602751
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
0
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3934443
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7694799
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-19948158
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-18136164
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
101745947
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
101745947
CY2023Q3 lgiq Trade Receivables Held For Sales Amount
TradeReceivablesHeldForSalesAmount
1198074
CY2023Q3 lgiq Retail Land Sales Receivables Stated Interest Rates
RetailLandSalesReceivablesStatedInterestRates
1
CY2023Q3 lgiq Deposit And Other Receivable
DepositAndOtherReceivable
0
CY2022Q4 lgiq Deposit And Other Receivable
DepositAndOtherReceivable
180000
CY2023Q3 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
84224
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
41591
CY2023Q3 lgiq Prepayments Deposits And Other Receivables
PrepaymentsDepositsAndOtherReceivables
84224
CY2022Q4 lgiq Prepayments Deposits And Other Receivables
PrepaymentsDepositsAndOtherReceivables
221591
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
34645067
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
34645067
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
86068463
CY2023Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2553856
CY2022Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
2169893
CY2023Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2553856
CY2022Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2169893
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.21
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.34
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2020Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
lgiq Certificate Of Amendment Description
CertificateOfAmendmentDescription
Upon the filing of the Certificate of Amendment, and the resulting effectiveness of the Reverse Stock Split, every 13 outstanding shares of the Company’s Common Stock were, without any further action by the Company, or any holder thereof, combined into and automatically became 1 share of the Company’s Common Stock.
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q1 lgiq Arithmetic Average Purchase Of Shares Percentage
ArithmeticAveragePurchaseOfSharesPercentage
0.97
CY2022Q1 lgiq Warrants To Purchase Of Common Stock
WarrantsToPurchaseOfCommonStock
631579
CY2022Q1 lgiq Common Stock Percentage
CommonStockPercentage
0.015
CY2022Q1 us-gaap Other Commitment
OtherCommitment
40000000
CY2022Q1 lgiq Ownership Limitation Percentage
OwnershipLimitationPercentage
0.0999
CY2022Q1 us-gaap Stock Issued1
StockIssued1
37000000
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
37000000
CY2023Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
132326
CY2022Q4 us-gaap Share Price
SharePrice
0.0001
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
86068463
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31241330
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31241330
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.0387
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.0387
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.2221
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.2221
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.2318
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.2318
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.5805
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.5805
CY2021Q3 lgiq Lease Space
LeaseSpace
26954
CY2021Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
26300
CY2021Q4 lgiq Lease Space
LeaseSpace
12422
CY2021Q4 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
17500
lgiq Maturity Date
MaturityDate
2022-12-31
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
4150
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0
CY2023Q3 lgiq Right To Use Assets Operating Leases
RightToUseAssetsOperatingLeases
0
CY2022Q4 lgiq Right To Use Assets Operating Leases
RightToUseAssetsOperatingLeases
58122
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16589
CY2021 lgiq Operating Lease Lease Payments Present Value Percent
OperatingLeaseLeasePaymentsPresentValuePercent
0.0325
us-gaap Adjustment For Amortization
AdjustmentForAmortization
58122
us-gaap Adjustment For Amortization
AdjustmentForAmortization
130248
lgiq Operating Lease Rent Expenses Net
OperatingLeaseRentExpensesNet
76188
lgiq Operating Lease Rent Expenses Net
OperatingLeaseRentExpensesNet
158000
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0
CY2023Q3 lgiq Right To Use Assets Operating Leases
RightToUseAssetsOperatingLeases
0
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
lgiq Revenues Percentage
RevenuesPercentage
0.10
CY2023Q3 lgiq Revenues Percentage
RevenuesPercentage
0.10
CY2022Q3 lgiq Revenues Percentage
RevenuesPercentage
0.10
lgiq Revenues Percentage
RevenuesPercentage
0.10
CY2023Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
3265674
CY2023Q3 lgiq Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
1
CY2022Q3 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
4100373
CY2022Q3 lgiq Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
1
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11663762
lgiq Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
1
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
17153733
lgiq Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
1
CY2023Q3 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
1600000
CY2023Q3 lgiq Percentage Of Shares Issued With Restrictions
PercentageOfSharesIssuedWithRestrictions
0.53
CY2023Q3 lgiq Minimum Lock Up Period
MinimumLockUpPeriod
P11M

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lgiq-20230930_lab.xml Edgar Link unprocessable
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