2023 Q2 Form 10-Q Financial Statement
#000149315223021060 Filed on June 13, 2023
Income Statement
Concept | 2023 Q2 | 2022 Q2 |
---|---|---|
Revenue | $23.12M | $21.83M |
YoY Change | 5.91% | 111.67% |
Cost Of Revenue | $16.75M | $18.12M |
YoY Change | -7.56% | 154.59% |
Gross Profit | $6.371M | $3.710M |
YoY Change | 71.71% | 16.09% |
Gross Profit Margin | 27.56% | 17.0% |
Selling, General & Admin | $4.357M | $3.423M |
YoY Change | 27.3% | 47.51% |
% of Gross Profit | 68.39% | 92.25% |
Research & Development | $71.19K | $26.54K |
YoY Change | 168.22% | 13.23% |
% of Gross Profit | 1.12% | 0.72% |
Depreciation & Amortization | $248.4K | $322.0K |
YoY Change | -22.85% | 75.23% |
% of Gross Profit | 3.9% | 8.68% |
Operating Expenses | $4.428M | $3.449M |
YoY Change | 28.38% | 47.17% |
Operating Profit | $1.943M | $261.0K |
YoY Change | 644.45% | -69.38% |
Interest Expense | -$31.63K | -$124.3K |
YoY Change | -74.54% | 1091.28% |
% of Operating Profit | -1.63% | -47.61% |
Other Income/Expense, Net | -$162.9K | -$3.640K |
YoY Change | 4375.93% | -109.66% |
Pretax Income | $1.780M | $133.1K |
YoY Change | 1237.44% | -84.87% |
Income Tax | $524.7K | $29.39K |
% Of Pretax Income | 29.48% | 22.08% |
Net Earnings | $1.401M | $103.7K |
YoY Change | 1250.94% | -83.58% |
Net Earnings / Revenue | 6.06% | 0.48% |
Basic Earnings Per Share | $0.04 | $0.00 |
Diluted Earnings Per Share | $0.04 | $2.869K |
COMMON SHARES | ||
Basic Shares Outstanding | 36.32M shares | 35.76M shares |
Diluted Shares Outstanding | 37.63M shares | 36.15M shares |
Balance Sheet
Concept | 2023 Q2 | 2022 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $5.259M | $921.3K |
YoY Change | 470.9% | -78.29% |
Cash & Equivalents | $5.259M | $921.3K |
Short-Term Investments | ||
Other Short-Term Assets | $1.128M | $498.5K |
YoY Change | 126.23% | -1.19% |
Inventory | $2.536M | $4.169M |
Prepaid Expenses | ||
Receivables | $8.389M | $8.999M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $17.31M | $14.59M |
YoY Change | 18.68% | 47.25% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.320M | $7.171M |
YoY Change | -53.7% | 50.4% |
Goodwill | $8.633M | |
YoY Change | ||
Intangibles | $1.401M | |
YoY Change | ||
Long-Term Investments | $1.489M | |
YoY Change | ||
Other Assets | $1.919M | $471.4K |
YoY Change | 307.04% | -8.86% |
Total Long-Term Assets | $18.50M | $18.15M |
YoY Change | 1.96% | 237.77% |
TOTAL ASSETS | ||
Total Short-Term Assets | $17.31M | $14.59M |
Total Long-Term Assets | $18.50M | $18.15M |
Total Assets | $35.82M | $32.73M |
YoY Change | 9.41% | 114.25% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $9.452M | $7.548M |
YoY Change | 25.21% | 86.56% |
Accrued Expenses | $409.0K | $359.9K |
YoY Change | 13.64% | 106.1% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $2.428M | $2.486M |
YoY Change | -2.35% | 1242.58% |
Total Short-Term Liabilities | $12.29M | $10.39M |
YoY Change | 18.22% | 135.92% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $6.718M | $10.94M |
YoY Change | -38.61% | 2424.33% |
Other Long-Term Liabilities | $2.845M | $3.184M |
YoY Change | -10.64% | 115.37% |
Total Long-Term Liabilities | $9.563M | $14.13M |
YoY Change | -32.3% | 638.84% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $12.29M | $10.39M |
Total Long-Term Liabilities | $9.563M | $14.13M |
Total Liabilities | $21.85M | $24.52M |
YoY Change | -10.88% | 288.12% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$8.687M | |
YoY Change | ||
Common Stock | $366.00 | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | $149.5K | |
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $13.96M | $8.214M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $35.82M | $32.73M |
YoY Change | 9.41% | 114.25% |
Cashflow Statement
Concept | 2023 Q2 | 2022 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $1.401M | $103.7K |
YoY Change | 1250.94% | -83.58% |
Depreciation, Depletion And Amortization | $248.4K | $322.0K |
YoY Change | -22.85% | 75.23% |
Cash From Operating Activities | $1.612M | -$1.343M |
YoY Change | -220.01% | -193.6% |
INVESTING ACTIVITIES | ||
Capital Expenditures | $145.0K | -$174.0K |
YoY Change | -183.34% | -50.9% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$145.0K | -$174.0K |
YoY Change | -16.66% | -50.9% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | $388.0K | |
YoY Change | ||
Cash From Financing Activities | -$585.6K | 1.588M |
YoY Change | -136.88% | -5856.64% |
NET CHANGE | ||
Cash From Operating Activities | $1.612M | -1.343M |
Cash From Investing Activities | -$145.0K | -174.0K |
Cash From Financing Activities | -$585.6K | 1.588M |
Net Change In Cash | $881.1K | 70.66K |
YoY Change | 1146.91% | -93.29% |
FREE CASH FLOW | ||
Cash From Operating Activities | $1.612M | -$1.343M |
Capital Expenditures | $145.0K | -$174.0K |
Free Cash Flow | $1.467M | -$1.169M |
YoY Change | -225.46% | -165.34% |
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230000 | shares |
CY2023Q1 | us-gaap |
Treasury Stock Common Shares
TreasuryStockCommonShares
|
230000 | shares |
CY2023Q2 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
149500 | usd |
CY2023Q1 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
149500 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13963588 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12515078 | usd |
CY2023Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
35815225 | usd |
CY2023Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
34585195 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
23120816 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
21830580 | usd |
CY2023Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
16749816 | usd |
CY2022Q2 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
17970317 | usd |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
6371000 | usd |
CY2022Q2 | us-gaap |
Gross Profit
GrossProfit
|
3860263 | usd |
CY2023Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
71185 | usd |
CY2022Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
26535 | usd |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4357031 | usd |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3572755 | usd |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
4428216 | usd |
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
3599290 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1942784 | usd |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
260973 | usd |
CY2023Q2 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
177394 | usd |
CY2022Q2 | us-gaap |
Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
|
124251 | usd |
CY2023Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
5530 | usd |
CY2022Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
3640 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
20000 | usd |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-162924 | usd |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-127891 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
1779860 | usd |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
133082 | usd |
CY2023Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
145758 | usd |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
524692 | usd |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
29385 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1400926 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
103697 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
27300 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1373626 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
103697 | usd |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
36394033 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35759244 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37625518 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
36148920 | shares |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12515078 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
55384 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
19500 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
|
27300 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1400926 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13963588 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
13963588 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8109818 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8109818 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
103697 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8213515 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8213515 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1400926 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
103697 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
248413 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
208829 | usd |
CY2023Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
5530 | usd |
CY2022Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
3640 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
5794 | usd |
CY2022Q2 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
69344 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
101896 | usd |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
113170 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
55384 | usd |
CY2023Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
345198 | usd |
CY2022Q2 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
29385 | usd |
CY2023Q2 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
145758 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1557062 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1370867 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-1100050 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1277898 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
607018 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
299864 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-3241 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
696294 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1095439 | usd |
CY2023Q2 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-34716 | usd |
CY2022Q2 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-87888 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1611690 | usd |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1343013 | usd |
CY2023Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
145015 | usd |
CY2022Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
174007 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-145015 | usd |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-174007 | usd |
CY2023Q2 | MMMB |
Repayments Of Term Loan
RepaymentsOfTermLoan
|
387931 | usd |
CY2022Q2 | MMMB |
Repayments Of Term Loan
RepaymentsOfTermLoan
|
129310 | usd |
CY2023Q2 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-140000 | usd |
CY2022Q2 | us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
1775000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
49879 | usd |
CY2022Q2 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
58008 | usd |
CY2023Q2 | MMMB |
Payment Of Series B Preferred Dividends
PaymentOfSeriesBPreferredDividends
|
-27300 | usd |
CY2023Q2 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
19500 | usd |
CY2023Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-585610 | usd |
CY2022Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1587682 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
881065 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
70662 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
4378383 | usd |
CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
850598 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5259448 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
921260 | usd |
CY2023Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
152468 | usd |
CY2022Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
133291 | usd |
CY2023Q2 | MMMB |
Noncash Deposits On Prepaid Additions
NoncashDepositsOnPrepaidAdditions
|
307778 | usd |
CY2023Q2 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_800_eus-gaap--NatureOfOperations_zPfmSctltYz6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline">Note 1 - <span id="xdx_82D_zv1DSepKSoef">Nature of Operations and Basis of Presentation</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span style="text-decoration: underline">Nature of Operations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">MamaMancini’s Holdings, Inc. (the “Company”), (formerly known as Mascot Properties, Inc.) was organized on July 22, 2009 as a Nevada corporation. The Company has a year-end of January 31.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Our subsidiary, MamaMancini’s Inc., a Delaware Corporation (“Mamas”) is a marketer, manufacturer and distributor of beef meatballs with sauce, turkey meatballs with sauce, beef meat loaf, sausage & peppers, chicken parmesan and other similar meats and sauces. In addition, the Company continues to diversify its product line by introducing new products such as ready to serve dinners, single-size pasta bowls, bulk deli, packaged refrigerated products. Mamas products were submitted to the United States Department of Agriculture (the “USDA”) and approved as all natural. The USDA defines all natural as a product that contains no artificial ingredients, coloring ingredients or chemical preservatives and is minimally processed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On December 29, 2021, the Company made two acquisitions which expand the Company’s core product lines, and access to specific markets. T&L Creative Salads, Inc. (“T&L”) and Olive Branch, LLC (“Olive Branch”), are related premier gourmet food manufacturers based in New York. T&L offers a full line of foods for retail food chains and club stores, delis, bagel stores, caterers and provision distributors. T&L uses high-quality meats, seafood and vegetables, prepared to meet the standards set forth by the USDA and the Food and Drug Administration (“FDA”). Olive Branch started operations six years ago as a separate company to concentrate on selling olives, olive mixes, and savory products to a limited number of large retail customers, primarily in pre-packaged containers.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On June 28, 2022, the Company acquired a <span id="xdx_90F_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_pid_dp_uPure_c20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember_zturOoR35bw2" title="Minority interest rate">24</span>% minority interest in Chef Inspirational Foods, LLC (“CIF”), a leading developer, innovator, marketer and sales company selling prepared foods, for an investment of $<span id="xdx_900_eus-gaap--Investments_iI_pn5n6_c20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember_zwQIHgpJBTO1" title="Investments">1.2</span> million. The investment consists of $<span id="xdx_909_eus-gaap--PaymentsToAcquireBusinessesGross_c20220628__20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember_z7tW6C1qOeti" title="Investments in cash">500,000</span> in cash and $<span id="xdx_903_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned_iI_c20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember_znnsxb3F24Qa" title="Investments in common stock">700,000</span> in the Company’s common stock. The Company also was granted the option to purchase the remaining seventy-six percent (<span id="xdx_909_eus-gaap--BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage_iI_pid_dp_uPure_c20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember_zeVMKa378eI8" title="Option to purchase remaining interest rate">76</span>%) interest in CIF within one year of June 28, 2022. The option purchase price is an additional $<span id="xdx_902_eus-gaap--Investments_iI_pn5n6_c20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember__srt--StatementScenarioAxis__custom--TwoYearFromAcquisitionDateMember_zKiIVvIotZA8" title="Investments">3.8</span> million, of which $<span id="xdx_90D_eus-gaap--PaymentsToAcquireBusinessesGross_pn5n6_c20220628__20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember__srt--StatementScenarioAxis__custom--TwoYearFromAcquisitionDateMember_zBJpMkkNjwH1" title="Investments in cash">3.5</span> million would be paid in cash and $<span id="xdx_903_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned_iI_c20220628__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember__srt--StatementScenarioAxis__custom--TwoYearFromAcquisitionDateMember_z6eYfpHk2V93" title="Investments in common stock">300,000</span> in common stock, which would be paid within a two-year period fromthe date of the exercise of the option. The acquisition of the interest in CIF is being accounted for under the equity method of accounting for investments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_esrt--ScheduleOfCondensedIncomeStatementTableTextBlock_zY89Q38nuyx5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following presents the unaudited results of operations for the period February 1, 2023 through April 30, 2023 of CIF.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8B2_z9RhnMVbcak7" style="display: none">Schedule of Results of Operations</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49B_20230201__20230430__us-gaap--BusinessAcquisitionAxis__custom--ChefInspirationalFoodsIncMember_zedIHsUBOBm6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">For the Period<br/> February 1, 2023<br/> through<br/> April 30, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr id="xdx_403_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_zD96L7PGx9F1" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 82%">Revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 14%; text-align: right">8,288,552</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_407_eus-gaap--NetIncomeLoss_zTQzHysH0Ydb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Net income</td><td> </td> <td style="text-align: left">$</td><td style="text-align: right">607,324</td><td style="text-align: left"> </td></tr> </table> <p id="xdx_8A3_zVP0J9JW3ssd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2023Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_845_eus-gaap--UseOfEstimates_z3I2SDeHxdN7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_860_zLXK8yDNSasc">Use of Estimates</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Such estimates and assumptions impact, among others, the following: allowance for doubtful accounts, the fair value of stock-based payments, inventory reserves, and estimates for unrealized returns, discounts, and other allowances that are netted against revenue.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the condensed consolidated financial statements, which management considered in formulating its estimate could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from our estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2023Q2 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_845_eus-gaap--ConcentrationRiskCreditRisk_zzKnEn4mYOsi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_862_zI8uJ9JmP0j6">Risks and Uncertainties</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company operates in an industry that is subject to intense competition and changes in consumer demand. The Company’s operations are subject to significant risk and uncertainties including financial and operational risks including the potential risk of business failure.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has experienced, and in the future expects to continue to experience variability in sales and earnings. The factors expected to contribute to this variability include, among others, (i) the cyclical nature of the grocery industry, (ii) general economic conditions in the various local markets in which the Company competes, including a potential general downturn in the economy, and (iii) the volatility of prices pertaining to food and beverages in connection with the Company’s distribution of the product. These factors, among others, make it difficult to project the Company’s operating results on a consistent basis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2023Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2023Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2023Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
4300000 | usd |
CY2023Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
233000 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
233000 | usd |
CY2023Q2 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
32433 | usd |
CY2023Q1 | us-gaap |
Inventory Lifo Reserve
InventoryLIFOReserve
|
32433 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1296307 | usd |
CY2023Q1 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
1883270 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
93139 | usd |
CY2023Q1 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
98910 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1146385 | usd |
CY2023Q1 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1653701 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
2535831 | usd |
CY2023Q1 | us-gaap |
Inventory Net
InventoryNet
|
3635881 | usd |
CY2023Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
71185 | usd |
CY2022Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
26535 | usd |
CY2023Q2 | MMMB |
Gross Sales
GrossSales
|
23599910 | usd |
CY2022Q2 | MMMB |
Gross Sales
GrossSales
|
22348592 | usd |
CY2023Q2 | MMMB |
Sales Discount Returns And Allowances Goods
SalesDiscountReturnsAndAllowancesGoods
|
479094 | usd |
CY2022Q2 | MMMB |
Sales Discount Returns And Allowances Goods
SalesDiscountReturnsAndAllowancesGoods
|
518012 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
23120816 | usd |
CY2022Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
21830580 | usd |
CY2023Q2 | MMMB |
Gross Sales
GrossSales
|
23599910 | usd |
CY2022Q2 | MMMB |
Gross Sales
GrossSales
|
22348592 | usd |
CY2023Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
208570 | usd |
CY2022Q2 | us-gaap |
Advertising Expense
AdvertisingExpense
|
187020 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
55384 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
0 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1373626 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
103697 | usd |
CY2023Q2 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
27300 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
1398926 | usd |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
|
103697 | usd |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
36394033 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
35759244 | shares |
CY2023Q2 | us-gaap |
Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
|
819000 | shares |
CY2023Q2 | MMMB |
Incremental Common Shares Attributable To Options
IncrementalCommonSharesAttributableToOptions
|
277915 | shares |
CY2022Q2 | MMMB |
Incremental Common Shares Attributable To Options
IncrementalCommonSharesAttributableToOptions
|
389677 | shares |
CY2023Q2 | MMMB |
Restricted Stock
RestrictedStock
|
134570 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37625518 | shares |
CY2022Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
36148920 | shares |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.04 | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
CY2022Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.00 | |
CY2023Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
372361 | usd |
CY2023Q1 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
717559 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1400614 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2028639 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-526129 | usd |
CY2023Q2 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
5475527 | usd |
CY2023Q1 | us-gaap |
Machinery And Equipment Gross
MachineryAndEquipmentGross
|
5387255 | usd |
CY2023Q2 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
316956 | usd |
CY2023Q1 | us-gaap |
Furniture And Fixtures Gross
FurnitureAndFixturesGross
|
284781 | usd |
CY2023Q2 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
3504629 | usd |
CY2023Q1 | us-gaap |
Leasehold Improvements Gross
LeaseholdImprovementsGross
|
3480061 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9297112 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
9152097 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5977414 | usd |
CY2023Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5729001 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3319698 | usd |
CY2023Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
3423096 | usd |
CY2023Q2 | us-gaap |
Depreciation
Depreciation
|
248413 | usd |
CY2022Q2 | us-gaap |
Depreciation
Depreciation
|
208829 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
2028639 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-628025 | usd |
CY2023Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1502510 | usd |
CY2023Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
101896 | usd |
CY2022Q2 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
113170 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
300237 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
400782 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
374216 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
325379 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
1400614 | usd |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
367647 | shares |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.36 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
39773 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.76 | |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
407420 | shares |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
1.40 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
689000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.77 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
539000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.57 | |
CY2023Q2 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
200000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.39 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
489000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.93 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
339000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.68 | |
CY2023Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Lower Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeLowerRangeLimit
|
0.52 | |
CY2023Q2 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Upper Range Limit
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeUpperRangeLimit
|
1.48 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
489000 | shares |
CY2023Q2 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P2Y11M12D | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.93 | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
339000 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.68 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
544760 | usd |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
704450 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
200000 | shares |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0.39 | |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
166920 | shares |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
19500 | usd |
CY2023Q2 | us-gaap |
Royalty Expense
RoyaltyExpense
|
189484 | usd |
CY2022Q2 | us-gaap |
Royalty Expense
RoyaltyExpense
|
150035 | usd |
CY2023Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
34716 | usd |
CY2022Q2 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
87888 | usd |
CY2023Q2 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
49879 | usd |
CY2022Q2 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
58008 | usd |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P7Y2M19D | |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P8Y3M | |
CY2023Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y4M2D | |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
|
P2Y9M29D | |
CY2023Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0485 | pure |
CY2022Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0485 | pure |
CY2023Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0342 | pure |
CY2022Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.0445 | pure |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due Next Twelve Months
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
614997 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due Year Two
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
|
740687 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due Year Three
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
|
636946 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due Year Four
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
|
480626 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFive
|
502983 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due After Year Five
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFive
|
1331256 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Payments Due
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDue
|
4307495 | usd |
CY2023Q2 | MMMB |
Lessee Operating And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
|
-672052 | usd |
CY2023Q2 | MMMB |
Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
|
3635443 | usd |
CY2023Q2 | us-gaap |
Income Tax Examination Description
IncomeTaxExaminationDescription
|
Net Operating Losses (“NOLs”) generated in 2017 and prior years can be carried forward for 20 years. NOLs generated in 2018 – 2020, as enacted by the CARES Act, can be carried forward indefinitely. However, NOLs generated in 2021 are also carried forward indefinitely but limited to 80% of taxable income. | |
CY2023Q2 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0 | usd |