2024 Q2 Form 10-K Financial Statement
#000157587224000488 Filed on May 03, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Cost Of Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Gross Profit | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Gross Profit Margin | |||
Selling, General & Admin | $215.5K | $16.05M | $16.05M |
YoY Change | -94.06% | 2472.15% | -12.76% |
% of Gross Profit | |||
Research & Development | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | -$1.136M | $363.8K |
YoY Change | -100.0% | -114.36% | 430.76% |
% of Gross Profit | |||
Operating Expenses | $215.5K | $16.41M | $16.41M |
YoY Change | -94.68% | 37.62% | -70.22% |
Operating Profit | -$215.5K | -$16.41M | -$16.41M |
YoY Change | -93.88% | 44.96% | -66.62% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
Pretax Income | -$215.5K | -$16.41M | -$16.41M |
YoY Change | -93.96% | -47.11% | -66.62% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$215.5K | -$20.10M | -$20.10M |
YoY Change | -93.96% | -35.23% | -59.12% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | ||
Diluted Earnings Per Share | $0.00 | -$0.20 | -$0.20 |
COMMON SHARES | |||
Basic Shares Outstanding | 219.8M | 147.0M | 100.4M |
Diluted Shares Outstanding | 143.9M | 100.4M |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $9.590K | $16.86K | $16.86K |
YoY Change | -98.04% | -96.43% | -96.43% |
Cash & Equivalents | $9.587K | $16.86K | $16.86K |
Short-Term Investments | |||
Other Short-Term Assets | $146.8K | $152.0K | $152.0K |
YoY Change | -48.0% | -45.66% | -45.66% |
Inventory | |||
Prepaid Expenses | $146.8K | $152.0K | |
Receivables | |||
Other Receivables | $449.4K | $482.4K | |
Total Short-Term Assets | $605.8K | $651.3K | $651.3K |
YoY Change | -71.05% | -72.88% | -72.88% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | $0.00 | ||
YoY Change | -100.0% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | $0.00 | |
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | -100.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $605.8K | $651.3K | $651.3K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $605.8K | $651.3K | $651.3K |
YoY Change | -95.68% | -95.71% | -95.71% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $741.3K | $992.0K | $992.0K |
YoY Change | -76.43% | -80.45% | -80.45% |
Accrued Expenses | $47.00K | $50.00K | $50.00K |
YoY Change | -97.92% | -97.71% | -97.71% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $788.3K | $1.042M | $1.042M |
YoY Change | -85.4% | -86.14% | -86.14% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | 0.0% | 0.0% |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $10.00K | $10.00K | $10.00K |
YoY Change | 0.0% | 0.0% | 0.0% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $788.3K | $1.042M | $1.042M |
Total Long-Term Liabilities | $10.00K | $10.00K | $10.00K |
Total Liabilities | $798.3K | $1.052M | $1.052M |
YoY Change | -85.24% | -86.03% | -86.03% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$132.7M | -$131.8M | |
YoY Change | -10.0% | 0.3% | |
Common Stock | $27.80K | $14.39K | |
YoY Change | 189.98% | 160.99% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$192.6K | -$400.7K | -$400.7K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $605.8K | $651.3K | $651.3K |
YoY Change | -95.68% | -95.71% | -95.71% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$215.5K | -$20.10M | -$20.10M |
YoY Change | -93.96% | -35.23% | -59.12% |
Depreciation, Depletion And Amortization | $0.00 | -$1.136M | $363.8K |
YoY Change | -100.0% | -114.36% | 430.76% |
Cash From Operating Activities | -$595.4K | $992.9K | -$17.94M |
YoY Change | -81.42% | -120.92% | 14.07% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $21.00K | -$2.420K | -$482.4K |
YoY Change | -81.49% | -106.69% | |
Cash From Investing Activities | $21.00K | -$2.420K | -$482.4K |
YoY Change | -81.49% | -106.69% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $18.22M | ||
YoY Change | 141.65% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 533.1K | -1.366M | 17.96M |
YoY Change | -81.16% | -128.27% | 142.73% |
NET CHANGE | |||
Cash From Operating Activities | -595.4K | 992.9K | -17.94M |
Cash From Investing Activities | 21.00K | -2.420K | -482.4K |
Cash From Financing Activities | 533.1K | -1.366M | 17.96M |
Net Change In Cash | -41.33K | -375.3K | -455.3K |
YoY Change | -84.22% | -547.21% | -59.13% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$595.4K | $992.9K | -$17.94M |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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CY2022 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
159000 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-16981468 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-9022882 | |
CY2023 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-955686 | |
CY2022 | us-gaap |
Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
|
-6701439 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17937154 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-15724321 | |
CY2023 | lgiq |
Increase Decrease In Amount Due From Associate
IncreaseDecreaseInAmountDueFromAssociate
|
0 | |
CY2022 | lgiq |
Increase Decrease In Amount Due From Associate
IncreaseDecreaseInAmountDueFromAssociate
|
-7208700 | |
CY2023 | lgiq |
Payments To Acquire Financial Assets Held For Resale
PaymentsToAcquireFinancialAssetsHeldForResale
|
0 | |
CY2022 | lgiq |
Payments To Acquire Financial Assets Held For Resale
PaymentsToAcquireFinancialAssetsHeldForResale
|
-681 | |
CY2023 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
482420 | |
CY2022 | us-gaap |
Payments To Fund Longterm Loans To Related Parties
PaymentsToFundLongtermLoansToRelatedParties
|
0 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-482420 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
7209381 | |
CY2023 | lgiq |
Proceeds From Shares To Be Issueds
ProceedsFromSharesToBeIssueds
|
-260220 | |
CY2022 | lgiq |
Proceeds From Shares To Be Issueds
ProceedsFromSharesToBeIssueds
|
-140808 | |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
18224446 | |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
7541689 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
17964226 | |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7400881 | |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-455348 | |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1114059 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
472206 | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1586265 | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
16858 | |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
472206 | |
CY2023 | lgiq |
Issuance Of Shares For Services Received
IssuanceOfSharesForServicesReceived
|
14653610 | |
CY2022 | lgiq |
Issuance Of Shares For Services Received
IssuanceOfSharesForServicesReceived
|
10840852 | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29575321 | |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
7541702 | |
CY2022 | lgiq |
Cancellation Of Shares For Proceeds
CancellationOfSharesForProceeds
|
-13 | |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-29463009 | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7654001 | |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12041946 | |
CY2023 | lgiq |
Cancellation Of Shares For Proceeds
CancellationOfSharesForProceeds
|
-400 | |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-20096227 | |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-400680 | |
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) | |
CY2023 | 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 | |
CY2023Q3 | lgiq |
Percentage Of Merger Consideration Shares Required To Distribute
PercentageOfMergerConsiderationSharesRequiredToDistribute
|
0.14 | |
CY2023Q4 | us-gaap |
Shares Issued
SharesIssued
|
3762000 | |
CY2023 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16409919 | |
CY2023 | us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
17937154 | |
CY2023Q4 | lgiq |
Working Capital Deficit
WorkingCapitalDeficit
|
-390680 | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-131809349 | |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none; text-indent: 0px; line-height: 12pt;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px; line-height: 12pt;display:inline;">USE OF ESTIMATES</div></div> <div style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none; text-indent: 0px; line-height: 12pt;"><div style="white-space: pre-wrap; color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px; line-height: 12pt;display:inline;"> </div></div> <div style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none; text-indent: 0px; line-height: 12pt;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px; line-height: 12pt;display:inline;">The preparation of the Company’s financial statements in conformity with generally accepted accounting principles of 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 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> | |
CY2023 | lgiq |
Operating Segments
OperatingSegments
|
0.10 | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none; text-indent: 0px; line-height: 12pt;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px; line-height: 12pt;display:inline;">ACCOUNTS RECEIVABLE AND CONCENTRATION OF RISK</div></div><div style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none; text-indent: 0px; line-height: 12pt;"><div style="white-space: pre-wrap; color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px; line-height: 12pt;display:inline;"> </div></div><div style="font-family: "Times New Roman", Times, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px; background: none; text-indent: 0px; line-height: 12pt;"><div style="color: rgb(0, 0, 0); font-family: "Times New Roman", Times, serif; font-size: 10pt; background: none; letter-spacing: 0px; top: 0px; line-height: 12pt;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> | |
CY2023 | lgiq |
Amortization Of Intangible Assets Net
AmortizationOfIntangibleAssetsNet
|
363799 | |
CY2022 | lgiq |
Amortization Of Intangible Assets Net
AmortizationOfIntangibleAssetsNet
|
125133 | |
CY2023Q4 | lgiq |
Deposit And Other Receivable
DepositAndOtherReceivable
|
0 | |
CY2022Q4 | lgiq |
Deposit And Other Receivable
DepositAndOtherReceivable
|
180000 | |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
152000 | |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
10000 | |
CY2023Q4 | lgiq |
Prepayments Deposits And Other Receivables
PrepaymentsDepositsAndOtherReceivables
|
152000 | |
CY2022Q4 | lgiq |
Prepayments Deposits And Other Receivables
PrepaymentsDepositsAndOtherReceivables
|
190000 | |
CY2023Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
50000 | |
CY2022Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
445191 | |
CY2023Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
50000 | |
CY2022Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
445191 | |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.21 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.21 | |
CY2023 | 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 | |
CY2023 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | |
CY2023 | 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 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | |
CY2023Q4 | 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 | |
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 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
92737101 | |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
4000000 | |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2020Q1 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
35714285 | |
CY2020Q1 | us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
14284714 | |
CY2020Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.0001 | |
CY2020Q4 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
564467 | |
CY2020Q4 | us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
5000000 | |
CY2020Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2019Q3 | lgiq |
Total Shares Of Common Stock
TotalSharesOfCommonStock
|
51762839 | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
3550000 | |
CY2019Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
404439 | |
CY2020Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
2788972 | |
CY2022Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
132326 | |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
4000000 | |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
0.0001 | |
CY2023 | lgiq |
Vesting Period On Monthly Basis
VestingPeriodOnMonthlyBasis
|
P5Y | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
250000 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.6 | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.8 | |
CY2014 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P0Y8M1D | |
CY2014Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
||
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
250000 | |
CY2015 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
0.6 | |
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
2.8 | |
CY2015 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
||
CY2015 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
||
CY2023 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-16409919 | |
CY2022 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-9951377 | |
CY2023 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-3686308 | |
CY2022 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-19511632 | |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-20096227 | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-29463009 | |
CY2023 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
The weighted average number of shares of common stock has been retroactively restated to reflect the 1 for 13 reverse stock-split on February 25, 2020. | |
CY2023 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
2 | |
CY2023 | lgiq |
Revenues Percentage
RevenuesPercentage
|
0.10 | |
CY2022 | lgiq |
Revenues Percentage
RevenuesPercentage
|
0.10 | |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
11663762 | |
CY2023 | lgiq |
Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
|
1 | |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
25711991 | |
CY2022 | lgiq |
Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
|
1 | |
CY2021 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
23006480 | |
CY2021 | lgiq |
Revenue Remaining Performance Of Obligation Percentage
RevenueRemainingPerformanceOfObligationPercentage
|
1 | |
CY2023 | 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 | |
CY2023Q3 | lgiq |
Percentage Of Merger Consideration Shares Required To Distribute
PercentageOfMergerConsiderationSharesRequiredToDistribute
|
0.14 | |
CY2023Q4 | us-gaap |
Shares Issued
SharesIssued
|
3762000 | |
CY2023 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
11663762 | |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
25711991 | |
CY2023 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
10790605 | |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
|
19776533 | |
CY2023 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
873157 | |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
|
5935458 | |
CY2023 | us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
1165532 | |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
10871495 | |
CY2023 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
3806844 | |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
|
10245047 | |
CY2023 | lgiq |
Disposal Group Including Discontinued Operation Sales And Marketing
DisposalGroupIncludingDiscontinuedOperationSalesAndMarketing
|
60000 | |
CY2022 | lgiq |
Disposal Group Including Discontinued Operation Sales And Marketing
DisposalGroupIncludingDiscontinuedOperationSalesAndMarketing
|
1210233 | |
CY2023 | lgiq |
Disposal Group Including Discontinued Operation Research And Development
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopment
|
0 | |
CY2022 | lgiq |
Disposal Group Including Discontinued Operation Research And Development
DisposalGroupIncludingDiscontinuedOperationResearchAndDevelopment
|
3116723 | |
CY2023 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
5032376 | |
CY2022 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
25443498 | |
CY2023 | lgiq |
Disposal Group Including Discontinued Operation Other Expensesincome Net
DisposalGroupIncludingDiscontinuedOperationOtherExpensesincomeNet
|
132063 | |
CY2022 | lgiq |
Disposal Group Including Discontinued Operation Other Expensesincome Net
DisposalGroupIncludingDiscontinuedOperationOtherExpensesincomeNet
|
3592 | |
CY2023 | lgiq |
Net Loss From Discontinued Operations
NetLossFromDiscontinuedOperations
|
-4291282 | |
CY2022 | lgiq |
Net Loss From Discontinued Operations
NetLossFromDiscontinuedOperations
|
-19511632 | |
CY2023Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
13322699 | |
CY2023Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
5246231 | |
CY2023Q4 | lgiq |
Net Assets Of Disposal Group Including Discontinued Operations
NetAssetsOfDisposalGroupIncludingDiscontinuedOperations
|
8076468 | |
CY2023Q4 | lgiq |
Capital Reserve Of Disposal Group Including Discontinued Operations
CapitalReserveOfDisposalGroupIncludingDiscontinuedOperations
|
-7471494 | |
CY2023 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
604974 | |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false |