2017 Q2 Form 10-Q Financial Statement
#000156459018021733 Filed on August 14, 2018
Income Statement
Concept | 2017 Q2 |
---|---|
Revenue | $977.6K |
YoY Change | -31.89% |
Cost Of Revenue | $590.0K |
YoY Change | 7.27% |
Gross Profit | $380.0K |
YoY Change | -56.82% |
Gross Profit Margin | 38.87% |
Selling, General & Admin | $207.2K |
YoY Change | -84.77% |
% of Gross Profit | 54.52% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | $20.56K |
YoY Change | 58.16% |
% of Gross Profit | 5.41% |
Operating Expenses | $1.611M |
YoY Change | -21.39% |
Operating Profit | -$633.9K |
YoY Change | 3.11% |
Interest Expense | $126.0K |
YoY Change | -18.97% |
% of Operating Profit | |
Other Income/Expense, Net | |
YoY Change | |
Pretax Income | -$1.265M |
YoY Change | 64.22% |
Income Tax | -$470.4K |
% Of Pretax Income | |
Net Earnings | -$794.5K |
YoY Change | 60.32% |
Net Earnings / Revenue | -81.27% |
Basic Earnings Per Share | -$0.24 |
Diluted Earnings Per Share | -$0.24 |
COMMON SHARES | |
Basic Shares Outstanding | 3.300M |
Diluted Shares Outstanding | 3.300M |
Balance Sheet
Concept | 2017 Q2 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $820.0K |
YoY Change | -85.93% |
Cash & Equivalents | |
Short-Term Investments | |
Other Short-Term Assets | |
YoY Change | |
Inventory | |
Prepaid Expenses | |
Receivables | |
Other Receivables | |
Total Short-Term Assets | $2.510M |
YoY Change | -56.95% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | $92.92K |
YoY Change | -28.01% |
Goodwill | |
YoY Change | |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | $5.100M |
YoY Change | 8.05% |
Total Long-Term Assets | $6.459M |
YoY Change | -1.92% |
TOTAL ASSETS | |
Total Short-Term Assets | $2.510M |
Total Long-Term Assets | $6.459M |
Total Assets | $8.969M |
YoY Change | -27.76% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | |
YoY Change | |
Accrued Expenses | |
YoY Change | |
Deferred Revenue | |
YoY Change | |
Short-Term Debt | $0.00 |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | |
YoY Change | |
LONG-TERM LIABILITIES | |
Long-Term Debt | $4.930M |
YoY Change | -22.24% |
Other Long-Term Liabilities | $1.050M |
YoY Change | 61.54% |
Total Long-Term Liabilities | $5.980M |
YoY Change | -14.45% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | |
Total Long-Term Liabilities | $5.980M |
Total Liabilities | $5.976M |
YoY Change | -14.53% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$3.588M |
YoY Change | 276.88% |
Common Stock | $6.581M |
YoY Change | 3.23% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $2.993M |
YoY Change | |
Total Liabilities & Shareholders Equity | $8.969M |
YoY Change | -27.76% |
Cashflow Statement
Concept | 2017 Q2 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$794.5K |
YoY Change | 60.32% |
Depreciation, Depletion And Amortization | $20.56K |
YoY Change | 58.16% |
Cash From Operating Activities | -$620.0K |
YoY Change | -23.46% |
INVESTING ACTIVITIES | |
Capital Expenditures | $0.00 |
YoY Change | |
Acquisitions | |
YoY Change | |
Other Investing Activities | $250.0K |
YoY Change | -725.0% |
Cash From Investing Activities | $250.0K |
YoY Change | -725.0% |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | -200.0K |
YoY Change | -66.67% |
NET CHANGE | |
Cash From Operating Activities | -620.0K |
Cash From Investing Activities | 250.0K |
Cash From Financing Activities | -200.0K |
Net Change In Cash | -570.0K |
YoY Change | -60.69% |
FREE CASH FLOW | |
Cash From Operating Activities | -$620.0K |
Capital Expenditures | $0.00 |
Free Cash Flow | -$620.0K |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
431297 | |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
39028 | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1900312 | ||
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
446322 | ||
lmfa |
Real Estate Management And Disposal
RealEstateManagementAndDisposal
|
281940 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
1705821 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
152215 | ||
us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
451852 | ||
lmfa |
Real Estate Management And Disposal
RealEstateManagementAndDisposal
|
269935 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
44311 | ||
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
46190 | ||
lmfa |
Collection Cost
CollectionCost
|
30162 | ||
lmfa |
Collection Cost
CollectionCost
|
98496 | ||
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
11879 | ||
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
6815 | ||
us-gaap |
Operating Expenses
OperatingExpenses
|
3144232 | ||
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
581 | ||
CY2018Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
79667 | |
CY2017Q2 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
207175 | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
611988 | ||
CY2018Q2 | lmfa |
Real Estate Management And Disposal
RealEstateManagementAndDisposal
|
162578 | |
CY2017Q2 | lmfa |
Real Estate Management And Disposal
RealEstateManagementAndDisposal
|
139815 | |
CY2018Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
22156 | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
221359 | ||
CY2017Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
30752 | |
CY2018Q2 | lmfa |
Collection Cost
CollectionCost
|
29560 | |
CY2017Q2 | lmfa |
Collection Cost
CollectionCost
|
50402 | |
CY2018Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
7578 | |
CY2017Q2 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
3743 | |
CY2018Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
733170 | |
CY2017Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1611475 | |
CY2018Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
144816 | |
CY2017Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-633875 | |
CY2018Q2 | us-gaap |
Interest Expense
InterestExpense
|
94576 | |
CY2017Q2 | us-gaap |
Interest Expense
InterestExpense
|
126024 | |
CY2018Q2 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
405000 | |
CY2017Q2 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
-505000 | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3031 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
346526 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
39028 | ||
us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
379000 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-379000 | ||
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-22277 | ||
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-25441 | ||
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1414876 | ||
lmfa |
Proceeds From Payments For Real Estate Assets Owned
ProceedsFromPaymentsForRealEstateAssetsOwned
|
32544 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
135898 | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-702900 | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
75638 | ||
CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.24 | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
21442 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
5705 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.36 | ||
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
49281 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
51901 | ||
CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3300000 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3300000 | ||
CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6253189 | |
CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3300000 | |
us-gaap |
Interest Expense
InterestExpense
|
252636 | ||
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
405000 | ||
CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6253189 | |
us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
-505000 | ||
CY2018Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
455240 | |
CY2017Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1264899 | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6253189 | ||
CY2017Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-470388 | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
6253189 | ||
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3300000 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
44311 | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7769 | ||
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
90847 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-41379 | ||
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-3867 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-133508 | ||
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-36282 | ||
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1142676 | ||
us-gaap |
Interest Expense
InterestExpense
|
94576 | ||
CY2018Q2 | us-gaap |
Profit Loss
ProfitLoss
|
455240 | |
CY2017Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-794511 | |
us-gaap |
Profit Loss
ProfitLoss
|
446322 | ||
us-gaap |
Profit Loss
ProfitLoss
|
-1197412 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | |
CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.24 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.36 | ||
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
45178 | ||
CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
20972 | ||
lmfa |
Increase Decrease In Deferred Taxes
IncreaseDecreaseInDeferredTaxes
|
-702900 | ||
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
3255 | ||
lmfa |
Proceeds From Payments For Real Estate Assets Owned
ProceedsFromPaymentsForRealEstateAssetsOwned
|
187297 | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
236429 | ||
us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
500000 | ||
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
82382 | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
378590 | ||
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
71289 | ||
CY2018Q2 | lmfa |
Capitalized Real Estate Costs Accumulated Depreciation Net
CapitalizedRealEstateCostsAccumulatedDepreciationNet
|
141518 | |
us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-1447350 | ||
CY2016Q4 | us-gaap |
Cash
Cash
|
2268180 | |
CY2017Q2 | us-gaap |
Cash
Cash
|
820830 | |
lmfa |
Noncash Investing And Financing Activities Debt Discount On Issuance Of Warrants
NoncashInvestingAndFinancingActivitiesDebtDiscountOnIssuanceOfWarrants
|
154676 | ||
lmfa |
Noncash Investing And Financing Activities Insurance Financing
NoncashInvestingAndFinancingActivitiesInsuranceFinancing
|
87012 | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div> <p style="margin-top:18pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-family:Times New Roman;font-size:10pt;font-style:normal;text-transform:none;font-variant: normal;"><font style="text-decoration:underline;">Use of Estimates</font></p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:0%;font-family:Times New Roman;font-size:10pt;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates include the evaluation of any probable losses on amounts funded under the Company’s <font style="font-style:italic;">New Neighbor Guaranty</font> program as disclosed below, the evaluation of probable losses on balances due from a related party, the realization of deferred tax assets, the evaluation of contingent losses related to litigation and fair value estimates of real estate assets owned.</p></div> | ||
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
6894 | ||
CY2017Q2 | us-gaap |
Depreciation
Depreciation
|
20561 | |
us-gaap |
Depreciation
Depreciation
|
25921 | ||
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
198004 | |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
267004 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3620000 | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | ||
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.03 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
0 | ||
us-gaap |
Financing Receivable Allowance For Credit Losses Write Offs
FinancingReceivableAllowanceForCreditLossesWriteOffs
|
22096 | ||
CY2017Q4 | lmfa |
Capitalized Real Estate Costs Accumulated Depreciation Net
CapitalizedRealEstateCostsAccumulatedDepreciationNet
|
196707 | |
CY2018Q2 | us-gaap |
Depreciation
Depreciation
|
11323 | |
us-gaap |
Depreciation
Depreciation
|
22645 | ||
CY2018Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
400000 | |
CY2018Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.6605 | |
lmfa |
Class Of Warrant Or Right Term
ClassOfWarrantOrRightTerm
|
P4Y9M3D | ||
lmfa |
Share Based Compensation Arrangement By Share Based Payment Award Options Adjustments In Period Adjustment
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAdjustmentsInPeriodAdjustment
|
10100 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
25000 | ||
lmfa |
Class Of Warrants Expiration Year
ClassOfWarrantsExpirationYear
|
2023 | ||
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
112904 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
267004 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
100000 | ||
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
37904 | |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.11 | |
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
37904 | |
CY2016Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
11.03 | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.00 | ||
lmfa |
Share Based Compensation Arrangements By Share Based Payment Award Options Adjustments In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsAdjustmentsInPeriodWeightedAverageExercisePrice
|
12.50 | ||
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
12.50 | ||
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.90 | |
CY2018Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
10.00 | |
CY2017Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
10.00 | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
7769 | ||
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
21442 | ||
CY2018Q2 | us-gaap |
Notes Payable
NotesPayable
|
587012 | |
CY2017Q4 | us-gaap |
Notes Payable
NotesPayable
|
39028 | |
CY2018Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
76677 | |
CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
0 | |
CY2018Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
79038 | |
CY2018Q2 | lmfa |
Cumulative Operating Losses
CumulativeOperatingLosses
|
10000000 | |
CY2017Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
19 | |
lmfa |
Lease Contract Beginning Date
LeaseContractBeginningDate
|
2014-03-01 | ||
us-gaap |
Lease Expiration Date1
LeaseExpirationDate1
|
2019-07-31 | ||
CY2018Q2 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
172000 | |
CY2018Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
202000 | |
CY2018Q2 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
374000 | |
lmfa |
Sub Lease Annual Rental Income
SubLeaseAnnualRentalIncome
|
71000 | ||
us-gaap |
Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
|
99000 | ||
CY2018Q2 | lmfa |
Loss Contingency Accrual Reversal At Carrying Value
LossContingencyAccrualReversalAtCarryingValue
|
405000 |