2024 Q4 Form 10-Q Financial Statement

#000121390024098389 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $4.082M $4.790M
YoY Change -1.61%
Cost Of Revenue $3.559M $3.761M
YoY Change 1.66%
Gross Profit $522.5K $1.028M
YoY Change -19.3%
Gross Profit Margin 12.8% 21.47%
Selling, General & Admin $1.763M $1.343M
YoY Change
% of Gross Profit 337.46% 130.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.00K $44.32K
YoY Change 0.0%
% of Gross Profit 3.44% 4.31%
Operating Expenses $1.850M $1.343M
YoY Change 88.58%
Operating Profit -$1.328M -$315.0K
YoY Change 298.04%
Interest Expense -$28.11K -$28.61K
YoY Change
% of Operating Profit
Other Income/Expense, Net $81.68K $147.6K
YoY Change 238.02%
Pretax Income -$1.246M -$196.1K
YoY Change 302.73%
Income Tax $89.58K -$198.1K
% Of Pretax Income
Net Earnings -$1.335M $2.020K
YoY Change 338.9%
Net Earnings / Revenue -32.72% 0.04%
Basic Earnings Per Share -$0.18
Diluted Earnings Per Share -$0.18 $0.00
COMMON SHARES
Basic Shares Outstanding 7.500M shares 7.500M shares
Diluted Shares Outstanding 7.500M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $123.6K
YoY Change
Cash & Equivalents $2.739M $123.6K
Short-Term Investments
Other Short-Term Assets $645.3K $441.3K
YoY Change 1190.64% -40.86%
Inventory
Prepaid Expenses
Receivables $2.975M
Other Receivables $441.3K
Total Short-Term Assets $5.831M $3.540M
YoY Change 129.41% 45.32%
LONG-TERM ASSETS
Property, Plant & Equipment $314.5K $344.9K
YoY Change -87.74% -29.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $15.74K $15.74K
YoY Change 0.01%
Other Assets $1.785M
YoY Change
Total Long-Term Assets $4.979M $5.654M
YoY Change 63.89% 86.22%
TOTAL ASSETS
Total Short-Term Assets $5.831M $3.540M
Total Long-Term Assets $4.979M $5.654M
Total Assets $10.81M $9.194M
YoY Change 93.74% 68.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.390M
YoY Change
Accrued Expenses $324.2K $435.0K
YoY Change -71.63% 288.26%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $784.6K
YoY Change
Total Short-Term Liabilities $4.427M $5.894M
YoY Change 31.43% 112.44%
LONG-TERM LIABILITIES
Long-Term Debt $153.8K
YoY Change
Other Long-Term Liabilities $2.506M
YoY Change
Total Long-Term Liabilities $2.765M $2.660M
YoY Change 69.83% 44.36%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.427M $5.894M
Total Long-Term Liabilities $2.765M $2.660M
Total Liabilities $7.192M $8.554M
YoY Change 43.29% 85.26%
SHAREHOLDERS EQUITY
Retained Earnings -$1.341M -$5.819K
YoY Change -100.68%
Common Stock $4.944M $600.00
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.618M $639.8K
YoY Change
Total Liabilities & Shareholders Equity $10.81M $9.194M
YoY Change 93.74% 68.02%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$1.335M $2.020K
YoY Change 338.9%
Depreciation, Depletion And Amortization $18.00K $44.32K
YoY Change 0.0%
Cash From Operating Activities -$1.403M -$215.3K
YoY Change -3575.94%
INVESTING ACTIVITIES
Capital Expenditures $5.772K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$32.51K $0.00
YoY Change
Cash From Investing Activities -$38.28K $0.00
YoY Change -51.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $4.044M 146.7K
YoY Change 5958.12%
NET CHANGE
Cash From Operating Activities -$1.403M -215.3K
Cash From Investing Activities -$38.28K 0.000
Cash From Financing Activities $4.044M 146.7K
Net Change In Cash $2.616M -68.56K
YoY Change 8194.94%
FREE CASH FLOW
Cash From Operating Activities -$1.403M -$215.3K
Capital Expenditures $5.772K $0.00
Free Cash Flow -$1.409M -$215.3K
YoY Change -3590.24%

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CY2023Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-78799 usd
CY2023Q3 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
225000 usd
CY2024Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
265456 usd
CY2023Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
122137 usd
CY2024Q3 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
27990 usd
CY2023Q3 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
29678 usd
CY2024Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
7632 usd
CY2023Q3 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
6425 usd
CY2024Q3 us-gaap Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
5351281 usd
CY2024Q3 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
126227 usd
CY2024Q3 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
879574 usd
CY2024Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4044402 usd
CY2023Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
66760 usd
CY2024Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12386 usd
CY2023Q3 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3216 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2615725 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
31534 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
123550 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
174018 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2739275 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
205552 usd
CY2024Q3 us-gaap Interest Paid Net
InterestPaidNet
6274 usd
CY2023Q3 us-gaap Interest Paid Net
InterestPaidNet
6462 usd
CY2023Q3 lsh Deferred Offering Costs Within Due To Shareholder
DeferredOfferingCostsWithinDueToShareholder
230000 usd
CY2024Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1244140 usd
CY2023Q3 lsh Working Capital Net
WorkingCapitalNet
29812 usd
CY2023Q3 lsh Investment In Other Entity Recognized
InvestmentInOtherEntityRecognized
-15741 usd
CY2023Q3 lsh Elimination Of N Cl At Deconsolidation Of A Subsidiary
EliminationOfNClAtDeconsolidationOfASubsidiary
10187 usd
CY2023Q3 lsh Loss From Deconsolidation Of A Subsidiaryss
LossFromDeconsolidationOfASubsidiaryss
-73151 usd
CY2023Q3 us-gaap Cash
Cash
48893 usd
CY2023Q3 us-gaap Business Combination Contingent Consideration Asset
BusinessCombinationContingentConsiderationAsset
1000 usd
CY2024Q3 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
1500000 shares
CY2024Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
4.5
CY2024Q3 us-gaap Proceeds From Debt Net Of Issuance Costs
ProceedsFromDebtNetOfIssuanceCosts
5790000 usd
CY2024Q3 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="text-decoration:underline">Use of estimates and assumptions</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">In preparing the condensed consolidated financial statements in conformity with U.S. GAAP, management makes 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. These estimates are based on information as of the date of the condensed consolidated financial statements. Significant accounting estimates required to be made by management include allowance for credit losses, the percentage of performance obligation completed at the reporting period. The Company evaluates its estimates and assumptions on an ongoing basis and its estimates on historical experience, current and expected future conditions and various other assumptions that management believes are reasonable under the circumstances based on the information available to management at the time these estimates and assumptions are made. Actual results and outcomes may differ significantly from these estimates and assumptions.</p>
CY2024Q3 lsh Overpast Due Balances
OverpastDueBalances
P1Y
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
66903 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable Noncurrent
AllowanceForDoubtfulAccountsReceivableNoncurrent
54066 usd
CY2024Q3 lsh Schedule Of Property Plant And Equipment Text Estimated Useful Life Block
ScheduleOfPropertyPlantAndEquipmentTextEstimatedUsefulLifeBlock
The straight-line depreciation method is used to compute depreciation over the estimated useful lives of the assets, as follows:<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: bottom; "> <td> </td> <td> </td> <td style="border-bottom: black 1.5pt solid; text-align: center"><span style="font-size: 10pt"><b>Useful life</b></span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td style="width: 71%"><span style="font-size: 10pt">Furniture and fixtures</span></td> <td style="width: 1%"> </td> <td style="width: 28%; text-align: center"><span style="font-size: 10pt">7 years</span></td></tr> <tr style="vertical-align: bottom; "> <td><span style="font-size: 10pt">Machinery equipment</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt">5 years</span></td></tr> <tr style="vertical-align: bottom; background-color: #CCEEFF"> <td><span style="font-size: 10pt">Vehicles</span></td> <td> </td> <td style="text-align: center"><span style="font-size: 10pt">5 years</span></td></tr> <tr> <td style="vertical-align: top"><span style="font-size: 10pt">Leasehold improvement</span></td> <td style="vertical-align: bottom"> </td> <td style="vertical-align: bottom; text-align: center"><span style="font-size: 10pt"><span style="-sec-ix-hidden: hidden-fact-66">Lesser of the lease term or estimated useful lives of the assets</span></span></td></tr> </table>
CY2024Q3 us-gaap Revenues
Revenues
4081554 usd
CY2023Q3 us-gaap Revenues
Revenues
4148476 usd
CY2024Q3 us-gaap Revenues
Revenues
4081554 usd
CY2023Q3 us-gaap Revenues
Revenues
4148476 usd
CY2024Q3 lsh Voluntary Contribution Percentage
VoluntaryContributionPercentage
1 pure
CY2024Q3 lsh Eligible Compensation Percentage
EligibleCompensationPercentage
0.05 pure
CY2024Q3 us-gaap Pension Contributions
PensionContributions
8982 usd
CY2023Q3 us-gaap Pension Contributions
PensionContributions
6596 usd
CY2024Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
101067 usd
CY2023Q3 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
50383 usd
CY2024Q3 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.015 pure
CY2024Q3 lsh Tax Benefits Percentage
TaxBenefitsPercentage
0.50 pure
CY2024Q3 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="text-decoration:underline">Concentrations and risks</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i>a. Concentration of credit risk</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company estimates credit losses over the contractual period in which the Company is exposed to credit risk via a contractual obligation to extend credit, unless that obligation is unconditionally cancellable by the Company. Assets that potentially subject the Company to significant concentration of credit risk primarily consist of cash and cash equivalents, accounts receivable, contract assets, other receivable and amounts due from related parties. The Company has designed their credit policies with an objective to minimize their exposure to credit risk.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The maximum exposure of such assets to credit risk is their carrying amounts at the balance sheet dates. The Company maintains majority of the bank accounts at financial institutions in the United States, where there is $250,000 standard deposit insurance coverage limit per depositor, per FDIC-insured bank and per ownership category. As of September 30, 2024 and June 30, 2024, one bank balance exceeded the insured limited by $750,024 and $<span style="-sec-ix-hidden: hidden-fact-67">nil</span>, respectively. To limit the exposure to credit risk relating to deposits, the Company primarily places cash deposits with large financial institutions in the United States.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The Company has adopted a credit policy of dealing with creditworthy counterparties to mitigate the credit risk from defaults. The management team conducts credit evaluations of its customers, and generally does not require collateral or other security from them. The Company establishes an accounting policy to provide for allowance for credit loss based on the individual customer’s financial condition, credit history, and the future economic conditions. Due from related parties’ balances are monitored on an ongoing basis with the result that the Company’s exposure to impairment is not significant. As of September 30, 2024 and June 30, 2024, none of the Company’s due from related parties are impaired.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">b. Foreign exchange risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Our subsidiary in PRC has functional currency in RMB. The value of the Chinese Yuan against the U.S. dollar is affected by the changes in China and United States economic conditions. We do not believe that we currently have any significant direct foreign exchange risk and have not used any derivative financial instruments to hedge exposure to such risk. Also, by considering the volume of its business, the impact of foreign exchange risk is limited.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">c. Interest rate risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Interest rate risk is the risk that future cash flows will fluctuate as a result of changes in market interest rates. Our exposure to interest rate risk primarily relates to the interest rates from our lessors and our private lenders. The shareholder loans bear no interest. We have not been exposed to material risks due to the fact that our leasing obligations’ interest rates and private loan’s interest are fixed at commence date of the leases and loans and we have not used any derivative financial instruments to manage our interest risk exposure. However, we cannot provide assurance that we will not be exposed to material risks due to changes in market interest rate in the future.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">d. Liquidity risk</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Liquidity risk arises through the excess of financial obligations over available financial assets due at any point in time. Our objective in managing liquidity risk is to maintain sufficient readily available reserves in order to meet our liquidity requirements at any point in time. The Company monitors and analyze its cash flow position, its ability to generate sufficient revenue sources in the future and its operating and capital expenditure commitments. The Company is historically funded the working capital needs primarily from operations, loans, as well as shareholder advances to the Company. The Company will use the capital from its offering closed in July 2024 to fund the further working capital needs.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"> </p>
CY2024Q3 us-gaap Time Deposits At Or Above Fdic Insurance Limit
TimeDepositsAtOrAboveFDICInsuranceLimit
250000 usd
CY2024Q3 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
750024 usd
CY2024Q3 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
0 usd
CY2024Q2 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
0 usd
CY2024Q3 us-gaap Receivables Net Current
ReceivablesNetCurrent
505361 usd
CY2024Q2 us-gaap Receivables Net Current
ReceivablesNetCurrent
763285 usd
CY2024Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
1500000 usd
CY2024Q3 lsh Percentage Of Account Receivable
PercentageOfAccountReceivable
0.653 pure
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
54066 usd
CY2023Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
25909 usd
CY2024Q3 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
12837 usd
CY2024 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
28157 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
66903 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
54066 usd
CY2024Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
12837 usd
CY2023Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
52122 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
743206 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
737434 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
428710 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
392551 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
314496 usd
CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
344883 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4538474 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
3693211 usd
CY2024Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1244140 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
466723 usd
CY2023Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
219571 usd
CY2024Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8016 usd
CY2023Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
7663 usd
CY2024Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7595 usd
CY2023Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
7332 usd
CY2024Q3 lsh Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
470260 usd
CY2023Q3 lsh Operating Cash Flows From Operating Leases
OperatingCashFlowsFromOperatingLeases
222053 usd
CY2024Q3 lsh Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
422 usd
CY2023Q3 lsh Operating Cash Flows From Finance Leases
OperatingCashFlowsFromFinanceLeases
331 usd
CY2024Q3 lsh Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
7632 usd
CY2023Q3 lsh Financing Cash Flows From Finance Leases
FinancingCashFlowsFromFinanceLeases
6425 usd
CY2024Q3 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1244140 usd
CY2024Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y11M8D
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y18D
CY2024Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y2M1D
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P1Y3M21D
CY2024Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0721 pure
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.063 pure
CY2024Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0678 pure
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0651 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2149231 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1486618 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
533724 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
554061 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
380383 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
5104017 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
565543 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
4538474 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
35354 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
12439 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
1262 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
49055 usd
CY2024Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
1608 usd
CY2024Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
47447 usd
CY2024Q3 lsh Credit Card Payables
CreditCardPayables
319694 usd
CY2024Q2 lsh Credit Card Payables
CreditCardPayables
235673 usd
CY2024Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
122289 usd
CY2024Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
120379 usd
CY2024Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
324212 usd
CY2024Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
435019 usd
CY2024Q3 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
102914 usd
CY2024Q2 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
544733 usd
CY2024Q3 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
869109 usd
CY2024Q2 us-gaap Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
1335804 usd
CY2024Q3 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
186630 usd
CY2024Q2 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
175019 usd
CY2024Q3 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
130000 usd
CY2024Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
260000 usd
CY2024Q3 us-gaap Loans Payable
LoansPayable
589891 usd
CY2024Q2 us-gaap Loans Payable
LoansPayable
883337 usd
CY2024Q3 us-gaap Loans Payable Current
LoansPayableCurrent
484725 usd
CY2024Q2 us-gaap Loans Payable Current
LoansPayableCurrent
746962 usd
CY2024Q3 us-gaap Long Term Loans Payable
LongTermLoansPayable
105166 usd
CY2024Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
136375 usd
CY2024Q3 us-gaap Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
19051 usd
CY2024 us-gaap Long Term Debt Average Amount Outstanding
LongTermDebtAverageAmountOutstanding
20823 usd
CY2024Q3 us-gaap Other Loans Payable
OtherLoansPayable
387241 usd
CY2024Q2 us-gaap Other Loans Payable
OtherLoansPayable
652697 usd
CY2024Q3 us-gaap Interest Expense Other
InterestExpenseOther
16515 usd
CY2023Q3 us-gaap Interest Expense Other
InterestExpenseOther
18084 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
498422 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
59231 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
33485 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
13406 usd
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
5586 usd
CY2024Q3 lsh Long Term Debt Total Undiscounted Borrowings
LongTermDebtTotalUndiscountedBorrowings
610130 usd
CY2024Q3 lsh Long Term Debt Imputed Interest
LongTermDebtImputedInterest
-20239 usd
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
589891 usd
CY2024Q3 lsh Payroll Expense
PayrollExpense
759142 usd
CY2023Q3 lsh Payroll Expense
PayrollExpense
464012 usd
CY2024Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
164416 usd
CY2023Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
107243 usd
CY2024Q3 lsh Office Expense
OfficeExpense
165481 usd
CY2023Q3 lsh Office Expense
OfficeExpense
70199 usd
CY2024Q3 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
340114 usd
CY2023Q3 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
17535 usd
CY2024Q3 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
126108 usd
CY2023Q3 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
72093 usd
CY2024Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
39957 usd
CY2023Q3 us-gaap Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
42941 usd
CY2024Q3 us-gaap Lease Cost
LeaseCost
64125 usd
CY2023Q3 us-gaap Lease Cost
LeaseCost
19097 usd
CY2024Q3 us-gaap Depreciation
Depreciation
17995 usd
CY2023Q3 us-gaap Depreciation
Depreciation
17995 usd
CY2024Q3 us-gaap General Insurance Expense
GeneralInsuranceExpense
73683 usd
CY2023Q3 us-gaap General Insurance Expense
GeneralInsuranceExpense
4746 usd
CY2024Q3 us-gaap Advertising Expense
AdvertisingExpense
11686 usd
CY2023Q3 us-gaap Advertising Expense
AdvertisingExpense
18183 usd
CY2024Q3 us-gaap Other Expenses
OtherExpenses
68094 usd
CY2023Q3 us-gaap Other Expenses
OtherExpenses
16188 usd
CY2024Q3 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
5791 usd
CY2023Q3 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
5289 usd
CY2024Q3 lsh Bank Charges
BankCharges
614 usd
CY2023Q3 lsh Bank Charges
BankCharges
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CY2024Q3 us-gaap General And Administrative Expense
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