2024 Q4 Form 10-Q Financial Statement

#000165495424014331 Filed on November 14, 2024

View on sec.gov

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
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0 usd
CY2024Q3 us-gaap Lines Of Credit Current
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CY2024Q2 us-gaap Lines Of Credit Current
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CY2024Q2 us-gaap Unsecured Debt Current
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200000 usd
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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
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24000 usd
CY2024Q3 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
100000 usd
CY2024Q2 us-gaap Unsecured Long Term Debt
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200000 usd
CY2024Q3 us-gaap Other Notes Payable
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349000 usd
CY2024Q2 us-gaap Other Notes Payable
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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
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116000 usd
CY2024Q3 luvu Notes Payable Longtermunsecured Related Party Noncurrent
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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
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CY2024Q2 us-gaap Deferred Revenue Current
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CY2024Q3 us-gaap Accounts Receivable Gross
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1208000 usd
CY2024Q2 us-gaap Accounts Receivable Gross
AccountsReceivableGross
1072000 usd
CY2024Q3 us-gaap Allowance For Doubtful Accounts Receivable
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10000 usd
CY2024Q2 us-gaap Allowance For Doubtful Accounts Receivable
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11000 usd
CY2024Q2 luvu Allowance For Discounts And Returns
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CY2024Q3 us-gaap Accounts Receivable Net
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CY2023Q3 us-gaap Research And Development Expense Excluding Acquired In Process Cost
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32722 usd
CY2020Q4 luvu Rental Abatement
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103230 usd
CY2020Q4 us-gaap Capital Leases Contingent Rental Payments Due
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CY2024Q3 luvu Annual Escalations In Rent
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0.03 pure
CY2020Q4 luvu Final Two Months Rent
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61605 usd
CY2024Q3 us-gaap Property Management Fee Percent Fee
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0.02 pure
CY2024Q3 us-gaap Payments For Rent
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163188 usd
CY2023Q3 us-gaap Payments For Rent
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163188 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
5650000 shares
CY2024Q3 us-gaap Inventory Raw Materials
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1317000 usd
CY2024Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
1396000 usd
CY2024Q3 us-gaap Inventory Work In Process
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419000 usd
CY2024Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
460000 usd
CY2024Q3 us-gaap Inventory Finished Goods
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1482000 usd
CY2024Q2 us-gaap Inventory Finished Goods
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1645000 usd
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3501000 usd
CY2024Q2 luvu Allowance For Excess And Obsolete Inventory
AllowanceForExcessAndObsoleteInventory
-214000 usd
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3004000 usd
CY2024Q2 us-gaap Inventory Net
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3287000 usd
CY2024Q3 us-gaap Property Plant And Equipment Gross
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5865000 usd
CY2024Q2 us-gaap Property Plant And Equipment Gross
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5863000 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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4000000 usd
CY2024Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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3890000 usd
CY2024Q3 us-gaap Depreciation Depletion And Amortization
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109221 usd
CY2023Q3 us-gaap Depreciation Depletion And Amortization
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99222 usd
CY2024Q3 us-gaap Accrued Salaries Current
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524000 usd
CY2024Q2 us-gaap Accrued Salaries Current
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342000 usd
CY2024Q3 us-gaap Interest Payable Current
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162000 usd
CY2024Q2 us-gaap Interest Payable Current
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166000 usd
CY2024Q3 us-gaap Accrued Liabilities Current
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686000 usd
CY2024Q2 us-gaap Accrued Liabilities Current
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508000 usd
CY2024Q2 us-gaap Unsecured Debt
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0 usd
CY2024Q3 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
116000 usd
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0 usd
CY2024Q3 us-gaap Debt Current
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CY2024Q2 us-gaap Debt Current
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CY2024Q3 luvu Notes Payable Related Party
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0 usd
CY2024Q2 luvu Notes Payable Related Party
NotesPayableRelatedParty
116000 usd
CY2024Q3 luvu Long Term Debt Aggregate
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534000 usd
CY2024Q2 luvu Long Term Debt Aggregate
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CY2024Q2 us-gaap Notes Payable Current
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200000 usd
CY2024Q3 us-gaap Unsecured Long Term Debt
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100000 usd
CY2024Q2 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
200000 usd
CY2024Q3 us-gaap Notes Payable
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400000 usd
CY2024Q2 us-gaap Notes Payable
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400000 usd
CY2024Q3 luvu Debt Current Portion
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116000 usd
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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
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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
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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>
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CY2024Q3 us-gaap Operating Lease Liability Current
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106000 usd
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1350000 shares
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0.08
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P1Y6M
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0.13
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SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y
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0.15
CY2024Q3 us-gaap Share Price
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0.07
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200000 shares
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1250000 shares
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P2Y10M24D
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0.13
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512500 shares
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0.15
CY2024Q3 us-gaap Share Based Compensation
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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

Files In Submission

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0001654954-24-014331-index-headers.html Edgar Link pending
0001654954-24-014331-index.html Edgar Link pending
0001654954-24-014331.txt Edgar Link pending
0001654954-24-014331-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
luvu-20240930.xsd Edgar Link pending
luvu_10q.htm Edgar Link pending
luvu_ex141.htm Edgar Link pending
luvu_ex141img2.gif Edgar Link pending
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luvu-20240930_def.xml Edgar Link unprocessable