2024 Q4 Form 10-Q Financial Statement
#000165495424014331 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $7.186M | $5.756M |
YoY Change | 5.89% | -6.04% |
Cost Of Revenue | $5.204M | $4.239M |
YoY Change | 4.75% | -8.7% |
Gross Profit | $1.982M | $1.517M |
YoY Change | 9.02% | 2.29% |
Gross Profit Margin | 27.58% | 26.36% |
Selling, General & Admin | ||
YoY Change | ||
% of Gross Profit | ||
Research & Development | $42.43K | $42.59K |
YoY Change | 11.32% | 30.17% |
% of Gross Profit | 2.14% | 2.81% |
Depreciation & Amortization | $108.2K | $109.2K |
YoY Change | 4.08% | 10.08% |
% of Gross Profit | 5.46% | 7.2% |
Operating Expenses | $1.691M | $1.639M |
YoY Change | 1.62% | 8.18% |
Operating Profit | $291.0K | -$122.0K |
YoY Change | 88.96% | 281.25% |
Interest Expense | ||
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | -$98.00K | |
YoY Change | 4.26% | |
Pretax Income | $193.0K | -$210.0K |
YoY Change | 221.67% | 66.67% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | |
Net Earnings | $198.0K | -$210.0K |
YoY Change | 582.76% | 66.67% |
Net Earnings / Revenue | 2.76% | -3.65% |
Basic Earnings Per Share | $0.00 | $0.00 |
Diluted Earnings Per Share | $0.00 | $0.00 |
COMMON SHARES | ||
Basic Shares Outstanding | 76.83M shares | 76.64M shares |
Diluted Shares Outstanding | 76.83M shares | 76.83M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | ||
YoY Change | ||
Cash & Equivalents | $1.349M | $1.068M |
Short-Term Investments | ||
Other Short-Term Assets | $139.0K | $171.0K |
YoY Change | 23.01% | 40.16% |
Inventory | $3.242M | $3.004M |
Prepaid Expenses | ||
Receivables | $1.611M | $1.198M |
Other Receivables | ||
Total Short-Term Assets | $6.341M | $5.441M |
YoY Change | 4.0% | -16.09% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.648M | $1.762M |
YoY Change | -18.78% | -17.74% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $96.00K | |
YoY Change | -9.43% | |
Total Long-Term Assets | $3.145M | $3.371M |
YoY Change | -18.84% | -17.15% |
TOTAL ASSETS | ||
Total Short-Term Assets | $6.341M | $5.441M |
Total Long-Term Assets | $3.145M | $3.371M |
Total Assets | $9.486M | $8.812M |
YoY Change | -4.87% | -16.5% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.040M | $1.435M |
YoY Change | 9.8% | -34.11% |
Accrued Expenses | $620.0K | $686.0K |
YoY Change | 29.44% | 21.42% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | ||
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $5.361M | $4.547M |
YoY Change | 26.02% | -2.55% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $340.0K | $534.0K |
YoY Change | -70.61% | -57.38% |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $1.295M | $1.637M |
YoY Change | -50.21% | -41.74% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $5.361M | $4.547M |
Total Long-Term Liabilities | $1.295M | $1.637M |
Total Liabilities | $6.656M | $6.183M |
YoY Change | -2.9% | -17.3% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$4.206M | -$4.398M |
YoY Change | 8.21% | 12.31% |
Common Stock | $766.0K | $766.0K |
YoY Change | 0.13% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.629M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $9.486M | $8.812M |
YoY Change | -4.87% | -16.5% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $198.0K | -$210.0K |
YoY Change | 582.76% | 66.67% |
Depreciation, Depletion And Amortization | $108.2K | $109.2K |
YoY Change | 4.08% | 10.08% |
Cash From Operating Activities | $132.0K | |
YoY Change | -23.26% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $1.000K | |
YoY Change | -96.88% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$1.000K | |
YoY Change | -96.88% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$91.00K | |
YoY Change | 111.63% | |
NET CHANGE | ||
Cash From Operating Activities | $132.0K | |
Cash From Investing Activities | -$1.000K | |
Cash From Financing Activities | -$91.00K | |
Net Change In Cash | $40.00K | |
YoY Change | -58.76% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $132.0K | |
Capital Expenditures | $1.000K | |
Free Cash Flow | $131.0K | |
YoY Change | -6.43% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
0 | usd |
CY2024Q3 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
1054000 | usd |
CY2024Q2 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
1044000 | usd |
CY2024Q3 | us-gaap |
Unsecured Debt Current
UnsecuredDebtCurrent
|
300000 | usd |
CY2024Q2 | us-gaap |
Unsecured Debt Current
UnsecuredDebtCurrent
|
200000 | usd |
CY2024Q2 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
371000 | usd |
CY2024Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
21000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
|
24000 | usd |
CY2024Q3 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
100000 | usd |
CY2024Q2 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
200000 | usd |
CY2024Q3 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
349000 | usd |
CY2024Q2 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
452000 | usd |
CY2024Q3 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
85000 | usd |
CY2024Q3 | luvu |
Notes Payable Related Party Noncurrent
NotesPayableRelatedPartyNoncurrent
|
116000 | usd |
CY2024Q2 | luvu |
Notes Payable Related Party Noncurrent
NotesPayableRelatedPartyNoncurrent
|
116000 | usd |
CY2024Q3 | luvu |
Notes Payable Longtermunsecured Related Party Noncurrent
NotesPayableLongtermunsecuredRelatedPartyNoncurrent
|
0 | usd |
CY2024Q2 | luvu |
Notes Payable Longtermunsecured Related Party Noncurrent
NotesPayableLongtermunsecuredRelatedPartyNoncurrent
|
116000 | usd |
CY2024Q3 | luvu |
Consolidated Sales Percentage
ConsolidatedSalesPercentage
|
0.10 | pure |
CY2024Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
20029 | usd |
CY2024Q2 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
19454 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1208000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
1072000 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
10000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
11000 | usd |
CY2024Q2 | luvu |
Allowance For Discounts And Returns
AllowanceForDiscountsAndReturns
|
0 | usd |
CY2024Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1198000 | usd |
CY2024Q2 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
1061000 | usd |
CY2023Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
32722 | usd |
CY2020Q4 | luvu |
Rental Abatement
RentalAbatement
|
103230 | usd |
CY2020Q4 | us-gaap |
Capital Leases Contingent Rental Payments Due
CapitalLeasesContingentRentalPaymentsDue
|
51615 | usd |
CY2024Q3 | luvu |
Annual Escalations In Rent
AnnualEscalationsInRent
|
0.03 | pure |
CY2020Q4 | luvu |
Final Two Months Rent
FinalTwoMonthsRent
|
61605 | usd |
CY2024Q3 | us-gaap |
Property Management Fee Percent Fee
PropertyManagementFeePercentFee
|
0.02 | pure |
CY2024Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
163188 | usd |
CY2023Q3 | us-gaap |
Payments For Rent
PaymentsForRent
|
163188 | usd |
CY2023Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5650000 | shares |
CY2024Q3 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1317000 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1396000 | usd |
CY2024Q3 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
419000 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
460000 | usd |
CY2024Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1482000 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1645000 | usd |
CY2024Q2 | us-gaap |
Inventory Gross
InventoryGross
|
3501000 | usd |
CY2024Q2 | luvu |
Allowance For Excess And Obsolete Inventory
AllowanceForExcessAndObsoleteInventory
|
-214000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
3004000 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
3287000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5865000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
5863000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
4000000 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
3890000 | usd |
CY2024Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
109221 | usd |
CY2023Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
99222 | usd |
CY2024Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
524000 | usd |
CY2024Q2 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
342000 | usd |
CY2024Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
162000 | usd |
CY2024Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
166000 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
686000 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
508000 | usd |
CY2024Q2 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
0 | usd |
CY2024Q3 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
116000 | usd |
CY2024Q2 | us-gaap |
Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
|
0 | usd |
CY2024Q3 | us-gaap |
Debt Current
DebtCurrent
|
1871000 | usd |
CY2024Q2 | us-gaap |
Debt Current
DebtCurrent
|
1639000 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
87000 | usd |
CY2024Q3 | luvu |
Notes Payable Related Party
NotesPayableRelatedParty
|
0 | usd |
CY2024Q2 | luvu |
Notes Payable Related Party
NotesPayableRelatedParty
|
116000 | usd |
CY2024Q3 | luvu |
Long Term Debt Aggregate
LongTermDebtAggregate
|
534000 | usd |
CY2024Q2 | luvu |
Long Term Debt Aggregate
LongTermDebtAggregate
|
855000 | usd |
CY2024Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
300000 | usd |
CY2024Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
200000 | usd |
CY2024Q3 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
100000 | usd |
CY2024Q2 | us-gaap |
Unsecured Long Term Debt
UnsecuredLongTermDebt
|
200000 | usd |
CY2024Q3 | us-gaap |
Notes Payable
NotesPayable
|
400000 | usd |
CY2024Q2 | us-gaap |
Notes Payable
NotesPayable
|
400000 | usd |
CY2024Q3 | luvu |
Debt Current Portion
DebtCurrentPortion
|
116000 | usd |
CY2024Q2 | luvu |
Debt Current Portion
DebtCurrentPortion
|
0 | usd |
CY2024Q3 | us-gaap |
Line Of Credit Facility Collateral
LineOfCreditFacilityCollateral
|
85% of eligible accounts receivable (as defined in the agreement) for the purpose of improving working capital | |
CY2024Q3 | us-gaap |
Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
|
1.25 | pure |
CY2024Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.02 | pure |
CY2024Q3 | luvu |
Operating Lease Weighted Average Remaining Lease Term
OperatingLeaseWeightedAverageRemainingLeaseTerm
|
P2Y4M24D | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1449 | pure |
CY2024Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
52992 | usd |
CY2023 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
54484 | usd |
CY2024Q3 | luvu |
Schedule Of Supplemental Balance Sheet Information Related To Operating Leases Liabilities Table Text B Lock
ScheduleOfSupplementalBalanceSheetInformationRelatedToOperatingLeasesLiabilitiesTableTextBLock
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:85%"><tbody><tr style="height:15px"><td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px"><strong>Operating leases</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px"><strong>Balance Sheet Classification</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="font-size:10pt;font-family:times new roman;text-align:right;margin:0px"><strong>(in thousands)</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="width:42%;vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Right-of-use assets</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:45%;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Operating lease right-of-use assets, net</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,410</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Current lease liabilities</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Operating lease liabilities</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">555</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Non-current lease liabilities</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Long-term operating lease liabilities</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;">984</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;text-align:justify;margin:0px">Total lease liabilities</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="vertical-align:bottom;text-align:right;">1,539</td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table> | |
CY2024Q3 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1410000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
555000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
984000 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1539000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Three
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearThree
|
772000 | usd |
CY2024Q3 | luvu |
Lessee Operating Lease Liability Payments Due After Rolling Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterRollingYearFour
|
333000 | usd |
CY2024Q3 | luvu |
Total Undiscounted Lease Payments
TotalUndiscountedLeasePayments
|
1836000 | usd |
CY2024Q3 | luvu |
Less Present Value Discount
LessPresentValueDiscount
|
-297000 | usd |
CY2024Q3 | luvu |
Total Lease Liability Balance
TotalLeaseLiabilityBalance
|
1539000 | usd |
CY2024Q3 | luvu |
Equipment Notes Payable
EquipmentNotesPayable
|
2451838 | usd |
CY2024Q3 | luvu |
Minimum Note Payable Payments
MinimumNotePayablePayments
|
728000 | usd |
CY2024Q3 | us-gaap |
Other Long Term Notes Payable
OtherLongTermNotesPayable
|
348000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
24000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
29000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
26000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
|
25000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
|
22000 | usd |
CY2024Q1 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
126000 | usd |
CY2024Q1 | luvu |
Amount Representing Interest7
AmountRepresentingInterest7
|
-20000 | usd |
CY2024Q1 | us-gaap |
Contractual Obligation
ContractualObligation
|
106000 | usd |
CY2024Q1 | luvu |
Other Note Payable Current3
OtherNotePayableCurrent3
|
-21000 | usd |
CY2024Q1 | luvu |
Other Notes Payable1
OtherNotesPayable1
|
85000 | usd |
CY2024Q3 | luvu |
Annual Base Salary
AnnualBaseSalary
|
155000 | usd |
CY2024Q3 | luvu |
Sharebasedcompensationarrangementbysharebasedpaymentawardoptionsoutstandingnumberbegining Balance
SharebasedcompensationarrangementbysharebasedpaymentawardoptionsoutstandingnumberbeginingBalance
|
1350000 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
200000 | shares |
CY2024Q3 | luvu |
Weighted Average Exercise Price Granted
WeightedAverageExercisePriceGranted
|
0.08 | |
CY2024Q3 | luvu |
Weighted Average Exercise Price Exercised
WeightedAverageExercisePriceExercised
|
0.03 | |
CY2024Q3 | luvu |
Sharebasedcompensationarrangementbysharebasedpaymentawardoptionsoutstandingnumber Ending Balance
SharebasedcompensationarrangementbysharebasedpaymentawardoptionsoutstandingnumberEndingBalance
|
1250000 | shares |
CY2024Q3 | luvu |
Weighted Average Remaining Contractual Life Ending
WeightedAverageRemainingContractualLifeEnding
|
P1Y6M | |
CY2024Q3 | luvu |
Weighted Average Exercise Price Outstanding Ending Balance
WeightedAverageExercisePriceOutstandingEndingBalance
|
0.13 | |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P2Y | |
CY2024Q3 | luvu |
Weighted Average Exercise Price Outstanding Exercisable
WeightedAverageExercisePriceOutstandingExercisable
|
0.15 | |
CY2024Q3 | us-gaap |
Share Price
SharePrice
|
0.07 | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
200000 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
|
1250000 | shares |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P2Y10M24D | |
CY2024Q3 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Exercise Price Beginning Balance1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageExercisePriceBeginningBalance1
|
0.13 | |
CY2024Q3 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
512500 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.15 | |
CY2024Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
9000 | usd |
CY2023Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
-6000 | usd |
CY2024Q3 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
4300000 | shares |
CY2024Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
5550000 | shares |
CY2024Q3 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
178000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
148000 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-135000 | usd |
CY2023Q3 | us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
-93000 | usd |
CY2024Q3 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001374567 | |
CY2024Q3 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2024Q3 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2024Q3 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2025 | |
CY2024Q3 | dei |
Security12g Title
Security12gTitle
|
Common Stock, $.01 par value | |
CY2024Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5700000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
175000000 | shares |
CY2024Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
76834057 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
76547672 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
0 | shares |
CY2024Q3 | luvu |
Weighted Average Exercise Price Forfeited Expired
WeightedAverageExercisePriceForfeitedExpired
|
0 | |
CY2024Q3 | luvu |
Shares Of Common Stock Reserved For Issuance Under The2015 Stock Option Plan
SharesOfCommonStockReservedForIssuanceUnderThe2015StockOptionPlan
|
1250000 | shares |
CY2024Q3 | dei |
Document Type
DocumentType
|
10-Q | |
CY2024Q3 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q3 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | |
CY2024Q3 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024Q3 | dei |
Entity File Number
EntityFileNumber
|
000-53314 | |
CY2024Q3 | dei |
Entity Registrant Name
EntityRegistrantName
|
Luvu Brands, Inc. | |
CY2024Q3 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
FL | |
CY2024Q3 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
59-3581576 | |
CY2024Q3 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2745 Bankers Industrial Drive | |
CY2024Q3 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Atlanta | |
CY2024Q3 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
GA | |
CY2024Q3 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
30360 | |
CY2024Q3 | dei |
City Area Code
CityAreaCode
|
770 | |
CY2024Q3 | dei |
Local Phone Number
LocalPhoneNumber
|
246-6400 | |
CY2024Q3 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024Q3 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024Q3 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2024Q3 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2024Q3 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2024Q3 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2024Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
76834057 | shares |
CY2024Q3 | us-gaap |
Other Assets
OtherAssets
|
96000 | usd |
CY2024Q2 | us-gaap |
Other Assets
OtherAssets
|
96000 | usd |
CY2024Q3 | luvu |
Deferred Tax Liabilities Noncurrents
DeferredTaxLiabilitiesNoncurrents
|
119000 | usd |
CY2024Q2 | luvu |
Deferred Tax Liabilities Noncurrents
DeferredTaxLiabilitiesNoncurrents
|
119000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2629000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2830000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-210000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-126000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3210000 | usd |
CY2023Q3 | luvu |
Stock Based Compensation Expense
StockBasedCompensationExpense
|
-6000 | usd |
CY2023Q3 | luvu |
Stock Option Exercises Amount
StockOptionExercisesAmount
|
0 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-126000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3078000 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2830000 | usd |
CY2024Q3 | luvu |
Stock Based Compensation Expense
StockBasedCompensationExpense
|
9000 | usd |
CY2024Q3 | luvu |
Stock Option Exercises Amount
StockOptionExercisesAmount
|
0 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-210000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2629000 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-210000 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-126000 | usd |
CY2024Q3 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
10000 | usd |
CY2023Q3 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
63000 | usd |
CY2024Q3 | luvu |
Allowance For Discounts And Returns
AllowanceForDiscountsAndReturns
|
0 | usd |
CY2024Q3 | us-gaap |
Cash
Cash
|
250000 | usd |
CY2024Q3 | luvu |
Fdic Balance Limit Excess
FdicBalanceLimitExcess
|
817862 | usd |
CY2024Q3 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
338 | usd |
CY2024Q2 | us-gaap |
Prepaid Advertising
PrepaidAdvertising
|
836 | usd |
CY2024Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
231131 | usd |
CY2023Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
268544 | usd |
CY2024Q3 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
42594 | usd |
CY2024Q3 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5550000 | shares |
CY2024Q3 | us-gaap |
Inventory Gross
InventoryGross
|
3218000 | usd |
CY2024Q3 | luvu |
Allowance For Excess And Obsolete Inventory
AllowanceForExcessAndObsoleteInventory
|
-214000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
1865000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
1973000 | usd |
CY2024Q3 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
380000 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due In Rolling Year Two
LesseeOperatingLeaseLiabilityPaymentsDueInRollingYearTwo
|
545000 | usd |
CY2024Q3 | us-gaap |
Contractual Obligation Due In Next Twelve Months
ContractualObligationDueInNextTwelveMonths
|
380000 | usd |
CY2024Q3 | us-gaap |
Contractual Obligation Due In Second Year
ContractualObligationDueInSecondYear
|
236000 | usd |
CY2024Q3 | us-gaap |
Contractual Obligation Due In Third Year
ContractualObligationDueInThirdYear
|
93000 | usd |
CY2024Q3 | us-gaap |
Contractual Obligation Due In Fourth Year
ContractualObligationDueInFourthYear
|
19000 | usd |
CY2024Q3 | luvu |
Less Current Portion
LessCurrentPortion
|
380000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
1700000 | shares |
CY2024Q3 | luvu |
Number Of Shares Available For Issuance Under Plan
NumberOfSharesAvailableForIssuanceUnderPlan
|
450000 | shares |
CY2024Q3 | luvu |
Weighted Average Remaining Contractual Life Beginning Balance
WeightedAverageRemainingContractualLifeBeginningBalance
|
P3Y | |
CY2024Q3 | luvu |
Weighted Average Exercise Price Outstanding Begining Balance
WeightedAverageExercisePriceOutstandingBeginingBalance
|
0.12 | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
21000 | usd |
CY2024Q3 | luvu |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercised In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedInPeriod
|
300000 | shares |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
15000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
5000 | usd |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
512500 | shares |
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
5000 | usd |
CY2024Q3 | luvu |
Stock Issued During Period Share Stocks Options Exercised
StockIssuedDuringPeriodShareStocksOptionsExercised
|
300000 | shares |
CY2024Q3 | luvu |
Descriptionof Cashless Exercise
DescriptionofCashlessExercise
|
The 300,000 options exercised were a cashless exercise which resulted in a net exercise amount of 286,385 stock option during the three months ended September 30, 2024 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
200000 | shares |
CY2024Q3 | luvu |
Unrecognized Compensation Cost
UnrecognizedCompensationCost
|
72614 | usd |
CY2024Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
175000000 | shares |