2023 Q4 Form 10-Q Financial Statement

#000107997323001598 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $876.0K $1.554M $3.675M
YoY Change -79.09% -57.71% -21.84%
Cost Of Revenue $1.753M $3.254M $8.346M
YoY Change -84.98% -61.01% -15.02%
Gross Profit -$877.0K -$1.700M -$4.671M
YoY Change -88.28% -63.61% -8.75%
Gross Profit Margin -100.11% -109.4% -127.1%
Selling, General & Admin $6.936M $5.341M $7.137M
YoY Change -16.63% -25.16% -47.51%
% of Gross Profit
Research & Development $335.0K $480.0K $650.0K
YoY Change -52.82% -26.15% -23.8%
% of Gross Profit
Depreciation & Amortization $819.0K $1.150M $1.470M
YoY Change -53.73% -21.77% -18.83%
% of Gross Profit
Operating Expenses $7.378M $9.074M $26.52M
YoY Change -18.29% -65.79% 82.59%
Operating Profit -$8.255M -$7.520M -$22.85M
YoY Change -50.0% -67.09% 16.3%
Interest Expense -$1.752M -$1.067M $1.482M
YoY Change -19.26% -172.0% -363.7%
% of Operating Profit
Other Income/Expense, Net -$21.00K -$1.946M -$1.708M
YoY Change -106.77% 13.93% -78.86%
Pretax Income $1.205M -$9.470M -$24.56M
YoY Change -106.56% -61.44% -13.26%
Income Tax $10.00K $10.00K $6.000K
% Of Pretax Income 0.83%
Net Earnings $1.194M -$9.477M -$24.56M
YoY Change -106.5% -61.42% -13.26%
Net Earnings / Revenue 136.3% -609.85% -668.35%
Basic Earnings Per Share -$0.06 -$22.57
Diluted Earnings Per Share $0.26 -$0.06 -$451.5K
COMMON SHARES
Basic Shares Outstanding 285.5M shares 159.4M shares 51.02M shares
Diluted Shares Outstanding 159.4M shares 1.088M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $128.0K $960.0K $3.334M
YoY Change -70.23% -71.21% -58.03%
Cash & Equivalents $128.0K $962.0K $3.334M
Short-Term Investments
Other Short-Term Assets $1.219M $1.340M $542.0K
YoY Change -69.9% 147.23% -91.79%
Inventory
Prepaid Expenses $49.00K $1.953M
Receivables $704.0K $797.0K $1.378M
Other Receivables $928.0K $920.0K $2.222M
Total Short-Term Assets $3.028M $4.028M $14.04M
YoY Change -73.07% -71.32% -25.98%
LONG-TERM ASSETS
Property, Plant & Equipment $2.435M $2.883M $9.140M
YoY Change -73.64% -68.46% 117.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $389.0K $794.0K $3.411M
YoY Change -44.98% -76.72% 3029.36%
Total Long-Term Assets $4.004M $5.404M $12.55M
YoY Change -86.61% -56.94% -32.2%
TOTAL ASSETS
Total Short-Term Assets $3.028M $4.028M $14.04M
Total Long-Term Assets $4.004M $5.404M $12.55M
Total Assets $7.032M $9.432M $26.60M
YoY Change -82.91% -64.53% -29.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $22.99M $12.13M $11.68M
YoY Change 4.08% 3.86% 12.8%
Accrued Expenses $1.920M $2.285M $2.868M
YoY Change -18.95% -20.33% 1.41%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due $13.60M $22.18M $29.68M
YoY Change -61.43% -25.26%
Total Short-Term Liabilities $48.09M $55.08M $48.75M
YoY Change -32.01% 12.99% 123.0%
LONG-TERM LIABILITIES
Long-Term Debt $1.842M $5.320M $19.04M
YoY Change -74.59% -72.05% 4.51%
Other Long-Term Liabilities $42.00K $137.0K $402.0K
YoY Change -88.4% -65.92% 10.74%
Total Long-Term Liabilities $42.00K $137.0K $402.0K
YoY Change -88.4% -65.92% -97.84%
TOTAL LIABILITIES
Total Short-Term Liabilities $48.09M $55.08M $48.75M
Total Long-Term Liabilities $42.00K $137.0K $402.0K
Total Liabilities $50.83M $61.67M $68.19M
YoY Change -36.5% -9.55% 68.62%
SHAREHOLDERS EQUITY
Retained Earnings -$252.0M -$253.2M -$171.6M
YoY Change 32.67% 47.58%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$43.80M -$52.24M -$41.59M
YoY Change
Total Liabilities & Shareholders Equity $7.032M $9.432M $26.60M
YoY Change -82.91% -64.53% -29.05%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income $1.194M -$9.477M -$24.56M
YoY Change -106.5% -61.42% -13.26%
Depreciation, Depletion And Amortization $819.0K $1.150M $1.470M
YoY Change -53.73% -21.77% -18.83%
Cash From Operating Activities -$6.281M -$9.350M -$12.67M
YoY Change -13.01% -26.2% -3.25%
INVESTING ACTIVITIES
Capital Expenditures $493.0K $490.0K $91.00K
YoY Change -305.42% 438.46% -196.81%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 -$1.600M
YoY Change -100.0% -100.0%
Cash From Investing Activities -$493.0K -$490.0K -$1.509M
YoY Change 49.39% -67.53% 1505.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 6.511M 9.110M 15.23M
YoY Change 24.49% -40.19% -11.75%
NET CHANGE
Cash From Operating Activities -6.281M -9.350M -12.67M
Cash From Investing Activities -493.0K -490.0K -1.509M
Cash From Financing Activities 6.511M 9.110M 15.23M
Net Change In Cash -263.0K -730.0K 1.053M
YoY Change -88.66% -169.33% -74.13%
FREE CASH FLOW
Cash From Operating Activities -$6.281M -$9.350M -$12.67M
Capital Expenditures $493.0K $490.0K $91.00K
Free Cash Flow -$6.774M -$9.840M -$12.76M
YoY Change -2.95% -22.89% -1.85%

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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
62833179 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
802337 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
802337 shares
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-9477000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-24562000 usd
us-gaap Net Income Loss
NetIncomeLoss
-63249000 usd
us-gaap Net Income Loss
NetIncomeLoss
-63700000 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-908000 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
554000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
-1659000 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
1083000 usd
CY2023Q3 mcom Net Loss And Comprehensive Income
NetLossAndComprehensiveIncome
-8569000 usd
CY2022Q3 mcom Net Loss And Comprehensive Income
NetLossAndComprehensiveIncome
-25116000 usd
mcom Net Loss And Comprehensive Income
NetLossAndComprehensiveIncome
-61590000 usd
mcom Net Loss And Comprehensive Income
NetLossAndComprehensiveIncome
-64783000 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
-57830000 usd
CY2023Q3 mcom Issuance Of Common Shares For Advance Notices Under Sepa
IssuanceOfCommonSharesForAdvanceNoticesUnderSepa
14432000 usd
CY2023Q3 us-gaap Share Based Compensation
ShareBasedCompensation
-271000 usd
CY2023Q3 mcom Changes In Currency Translation Adjustment
ChangesInCurrencyTranslationAdjustment
908000 usd
CY2023Q3 us-gaap Profit Loss
ProfitLoss
-9477000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-52238000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-39850000 usd
mcom Issuance Of Common Shares For Advance Notices Under Sepa
IssuanceOfCommonSharesForAdvanceNoticesUnderSepa
46164000 usd
mcom Issuance Of Common Shares For Conversion Of Convertible Notes
IssuanceOfCommonSharesForConversionOfConvertibleNotes
1296000 usd
mcom Issuance Of Common Stock For Conversion Of Series Convertible Preferred Stocks
IssuanceOfCommonStockForConversionOfSeriesConvertiblePreferredStocks
945000 usd
mcom Issuance Of Common Shares For Purchasing Intangible Assets
IssuanceOfCommonSharesForPurchasingIntangibleAssets
50000 usd
mcom Issuance Of Common Shares For Settlement Of Payroll Liabilities
IssuanceOfCommonSharesForSettlementOfPayrollLiabilities
182000 usd
mcom Issuance Of Common Shares For Settlement Of Account Payables
IssuanceOfCommonSharesForSettlementOfAccountPayables
151000 usd
mcom Issuance Of Warrants For Settlement Of Account Payables
IssuanceOfWarrantsForSettlementOfAccountPayables
69000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
345000 usd
mcom Changes In Currency Translation Adjustment
ChangesInCurrencyTranslationAdjustment
1659000 usd
us-gaap Profit Loss
ProfitLoss
-63249000 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-52238000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-33267000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
14704000 usd
CY2022Q3 mcom Issuance Of Warrants In Conjunction With Convertible Notes Issuance
IssuanceOfWarrantsInConjunctionWithConvertibleNotesIssuance
188000 usd
CY2022Q3 mcom Issuance Of Common Shares To Legal Advisors For Convertible Note Issuance
IssuanceOfCommonSharesToLegalAdvisorsForConvertibleNoteIssuance
155000 usd
CY2022Q3 mcom Issuance Of Common Shares For Settlement Of Account Payables
IssuanceOfCommonSharesForSettlementOfAccountPayables
720000 usd
CY2022Q3 mcom Issuance Of Common Shares For Settlement Of Ceo Promissory Note And Ceo Deferred Salaries
IssuanceOfCommonSharesForSettlementOfCeoPromissoryNoteAndCeoDeferredSalaries
304000 usd
CY2022Q3 us-gaap Share Based Compensation
ShareBasedCompensation
722000 usd
CY2022Q3 mcom Changes In Currency Translation Adjustment
ChangesInCurrencyTranslationAdjustment
-554000 usd
CY2022Q3 us-gaap Profit Loss
ProfitLoss
-24562000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-41590000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-7849000 usd
mcom Asu No.202006 Modified Retrospective Method
AsuNo.202006ModifiedRetrospectiveMethod
-3371000 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
29030000 usd
mcom Issuance Of Warrants In Conjunction With Convertible Notes Issuance
IssuanceOfWarrantsInConjunctionWithConvertibleNotesIssuance
790000 usd
mcom Issuance Of Common Shares Commitment Shares For Convertible Notes Issuance
IssuanceOfCommonSharesCommitmentSharesForConvertibleNotesIssuance
399000 usd
mcom Issuance Of Common Shares To Legal Advisors For Convertible Note Issuance
IssuanceOfCommonSharesToLegalAdvisorsForConvertibleNoteIssuance
451000 usd
mcom Issuance Of Common Shares For Settlement Of Account Payables
IssuanceOfCommonSharesForSettlementOfAccountPayables
768000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
2670000 usd
mcom Issuance Of Common Shares For Settlement Of Ceo Promissory Note And Ceo Deferred Salaries
IssuanceOfCommonSharesForSettlementOfCeoPromissoryNoteAndCeoDeferredSalaries
304000 usd
mcom Changes In Currency Translation Adjustment
ChangesInCurrencyTranslationAdjustment
-1083000 usd
us-gaap Profit Loss
ProfitLoss
-63700000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-41590000 usd
us-gaap Net Income Loss
NetIncomeLoss
-63249000 usd
us-gaap Net Income Loss
NetIncomeLoss
-63700000 usd
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
16444000 usd
us-gaap Impairment Losses Related To Real Estate Partnerships
ImpairmentLossesRelatedToRealEstatePartnerships
10390000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4712000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
4386000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-3065000 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-189000 usd
us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
1592000 usd
us-gaap Interest Expense Trust Preferred Securities
InterestExpenseTrustPreferredSecurities
3977000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1177000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
345000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2705000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
431000 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2065000 usd
mcom Change In Fair Value Of Warrant Liability
ChangeInFairValueOfWarrantLiability
-55000 usd
mcom Change In Fair Value Of Warrant Liability
ChangeInFairValueOfWarrantLiability
-1551000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-548000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
972000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-6276000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1673000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
141000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
584000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1266000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2255000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
-2795000 usd
us-gaap Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
2094000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-225000 usd
us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
-17000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-31189000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-35876000 usd
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
769000 usd
us-gaap Payments To Acquire Oil And Gas Property And Equipment
PaymentsToAcquireOilAndGasPropertyAndEquipment
3391000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
235000 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
221000 usd
mcom Payments For Deposit
PaymentsForDeposit
2600000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1004000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6212000 usd
mcom Proceeds From Issuance Of Financial Liabilities Net
ProceedsFromIssuanceOfFinancialLiabilitiesNet
6213000 usd
mcom Proceeds From Issuance Of Financial Liabilities Net
ProceedsFromIssuanceOfFinancialLiabilitiesNet
27145000 usd
mcom Repayment Of Financial Liabilities
RepaymentOfFinancialLiabilities
21253000 usd
mcom Repayment Of Financial Liabilities
RepaymentOfFinancialLiabilities
3040000 usd
mcom Proceeds From Issuance Of Financial Liabilities Due To Related Party Officer
ProceedsFromIssuanceOfFinancialLiabilitiesDueToRelatedPartyOfficer
380000 usd
mcom Repayment Of Financial Liabilities To Related Party Officer
RepaymentOfFinancialLiabilitiesToRelatedPartyOfficer
120000 usd
mcom Proceeds From Sale Of Class Common Shares Net
ProceedsFromSaleOfClassCommonSharesNet
46164000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31124000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
24365000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-1069000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-17723000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1585000 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
516000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17628000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
737000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21253000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1253000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3624000 usd
mcom Cash And Cash Equivalents
CashAndCashEquivalents
962000 usd
mcom Cash And Cash Equivalents
CashAndCashEquivalents
3334000 usd
mcom Restricted Cash Included In Other Current Assets
RestrictedCashIncludedInOtherCurrentAssets
156000 usd
mcom Restricted Cash Included In Other Current Assets
RestrictedCashIncludedInOtherCurrentAssets
151000 usd
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
135000 usd
us-gaap Proceeds From Sale Of Restricted Investments
ProceedsFromSaleOfRestrictedInvestments
140000 usd
us-gaap Interest Paid Net
InterestPaidNet
2919000 usd
us-gaap Interest Paid Net
InterestPaidNet
995000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
48000 usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
16000 usd
mcom Issuance Of Common Shares For Conversion Of Convertible Note Value
IssuanceOfCommonSharesForConversionOfConvertibleNoteValue
1296000 usd
mcom Issuance Of Common Shares For Conversion Of Convertible Note Value
IssuanceOfCommonSharesForConversionOfConvertibleNoteValue
29030000 usd
mcom Issuance Of Common Shares For Conversion Of Series Convertible Preferred Stocks
IssuanceOfCommonSharesForConversionOfSeriesConvertiblePreferredStocks
945000 usd
mcom Issuance Of Common Share For Settlement Of Payroll Liabilities
IssuanceOfCommonShareForSettlementOfPayrollLiabilities
182000 usd
mcom Issuance Of Warrants For Settlements Of Account Payables
IssuanceOfWarrantsForSettlementsOfAccountPayables
69000 usd
mcom Issuance Of Warrants For Settlements Of Account Payables
IssuanceOfWarrantsForSettlementsOfAccountPayables
767000 usd
mcom Issuance Of Common Shares For Purchasing Intangible Asset
IssuanceOfCommonSharesForPurchasingIntangibleAsset
50000 usd
mcom Derecognition Of Beneficial Conversion Features Bcf Adoption
DerecognitionOfBeneficialConversionFeaturesBcfAdoption
3371000 usd
mcom Purchase Of Vehicles With Financing Agreements Value
PurchaseOfVehiclesWithFinancingAgreementsValue
3328000 usd
mcom Issuance Of Common Shares Commitment Shares And Share Based Compensation For Convertible Notes Issuance
IssuanceOfCommonSharesCommitmentSharesAndShareBasedCompensationForConvertibleNotesIssuance
850000 usd
mcom Issuance Of Warrants In Conjunction With Convertible Note Issuance
IssuanceOfWarrantsInConjunctionWithConvertibleNoteIssuance
790000 usd
mcom Issuance Of Common Shares For Settlement Of Ceo Promissory Notes And Ceo Deferred Salaries
IssuanceOfCommonSharesForSettlementOfCeoPromissoryNotesAndCeoDeferredSalaries
304000 usd
mcom Deferred Revenues
DeferredRevenues
-4658000 usd
CY2023Q2 us-gaap Deferred Revenue
DeferredRevenue
1692000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zlRjLFYNYsga" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 8pt"><b><i><span id="xdx_863_zDk1Hy2VLq65">Use of Estimates</span> </i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 20pt">The preparation of financial statements in conformity with U.S. GAAP generally requires management to make estimates and assumptions that affect the reported amount of certain assets, liabilities, revenues, and expenses, and the related disclosure of contingent assets and liabilities. Specific accounts that require management estimates include determination of fair values of warrant and financial instruments.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: justify; text-indent: 20pt">Management bases its estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying value of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.</p>
CY2023Q3 us-gaap Revenues
Revenues
1554000 usd
CY2022Q3 us-gaap Revenues
Revenues
3675000 usd
us-gaap Revenues
Revenues
8968000 usd
us-gaap Revenues
Revenues
11345000 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
3047000 usd
mcom Deferred Revenue Fx Rate Adjustment Value
DeferredRevenueFxRateAdjustmentValue
18000 usd
mcom Deferred Revenue Additions Value
DeferredRevenueAdditionsValue
3285000 usd
CY2023Q3 mcom Deferred Revenue Fx Rate Adjustment Value
DeferredRevenueFxRateAdjustmentValue
-26000 usd
CY2023Q3 mcom Deferred Revenue Additions Value
DeferredRevenueAdditionsValue
567000 usd
CY2023Q3 mcom Deferred Revenues
DeferredRevenues
-691000 usd
CY2023Q3 us-gaap Deferred Revenue
DeferredRevenue
1542000 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
18716000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
18298000 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15833000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
12136000 usd
CY2023Q3 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
2883000 usd
CY2022Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
6162000 usd
CY2022Q4 us-gaap Deposits Assets Current
DepositsAssetsCurrent
3075000 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2883000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9237000 usd
CY2023Q3 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
1088000 usd
CY2022Q3 us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
1470000 usd
us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
7029000 usd
us-gaap Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
3639000 usd
CY2023Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
13826000 usd
CY2023Q3 us-gaap Intangible Assets Current
IntangibleAssetsCurrent
2619000 usd
us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
13826000 usd
us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
2618000 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
16444000 usd
CY2023Q3 mcom Legal Contingencies
LegalContingencies
1994000 usd
CY2022Q4 mcom Legal Contingencies
LegalContingencies
2710000 usd
CY2023Q3 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2612000 usd
CY2022Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
2693000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2285000 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
2369000 usd
CY2023Q3 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
440000 usd
CY2022Q4 us-gaap Sales And Excise Tax Payable Current
SalesAndExciseTaxPayableCurrent
1113000 usd
CY2023Q3 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
7331000 usd
CY2022Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
8885000 usd
CY2023Q3 us-gaap Convertible Debt
ConvertibleDebt
27228000 usd
CY2022Q4 us-gaap Convertible Debt
ConvertibleDebt
40418000 usd
CY2023Q3 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
21938000 usd
CY2022Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
33244000 usd
CY2023Q3 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
5290000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
7174000 usd
CY2023Q3 mcom Convertible Debts
ConvertibleDebts
383000 usd
CY2022Q3 mcom Convertible Debts
ConvertibleDebts
717000 usd
mcom Convertible Debts
ConvertibleDebts
2359000 usd
mcom Convertible Debts
ConvertibleDebts
2911000 usd
CY2023Q3 mcom Secured Loan
SecuredLoan
536000 usd
CY2022Q3 mcom Secured Loan
SecuredLoan
537000 usd
mcom Secured Loan
SecuredLoan
1675000 usd
mcom Secured Loan
SecuredLoan
1510000 usd
CY2023Q3 mcom Unsecured Loans
UnsecuredLoans
147000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
-1067000 usd
CY2022Q3 us-gaap Interest Expense
InterestExpense
-1482000 usd
us-gaap Interest Expense
InterestExpense
-4633000 usd
CY2022Q3 mcom Unsecured Loans
UnsecuredLoans
228000 usd
mcom Unsecured Loans
UnsecuredLoans
588000 usd
mcom Unsecured Loans
UnsecuredLoans
553000 usd
us-gaap Interest Expense Other
InterestExpenseOther
11000 usd
CY2023Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9703325 shares
CY2022Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1897204 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
9703325 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1897204 shares
us-gaap Interest Expense
InterestExpense
-4974000 usd
CY2023Q1 mcom Principal Amount Due To Short Term
PrincipalAmountDueToShortTerm
4500000 usd
CY2023Q3 mcom Principal Amount Due To Short Term
PrincipalAmountDueToShortTerm
1200000 usd
CY2023Q3 us-gaap Lessor Operating Lease Renewal Term
LessorOperatingLeaseRenewalTerm
P5Y
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y
CY2023Q3 us-gaap Short Term Lease Commitment Amount
ShortTermLeaseCommitmentAmount
865000 usd
CY2023Q3 mcom Rou Assets
RouAssets
674000 usd
CY2023Q3 mcom Borrowing Rate
BorrowingRate
0.14 pure
mcom Sepas Transaction Costs
SepasTransactionCosts
-1611000 usd
CY2023Q3 mcom Other Sepa Financial Income Expenses Net
OtherSepaFinancialIncomeExpensesNet
-1137000 usd
mcom Other Sepa Financial Income Expenses Net
OtherSepaFinancialIncomeExpensesNet
-2229000 usd
CY2023Q3 mcom Total Sepa Financial Income Expenses Net
TotalSepaFinancialIncomeExpensesNet
-1137000 usd
mcom Total Sepa Financial Income Expenses Net
TotalSepaFinancialIncomeExpensesNet
-3840000 usd
CY2023Q3 us-gaap Revenues
Revenues
1554000 usd
CY2023Q4 us-gaap Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
2480 usd
CY2023Q4 mcom Sale Of Stock Gross Proceeds For Repaying
SaleOfStockGrossProceedsForRepaying
1240 usd
CY2022Q3 us-gaap Revenues
Revenues
3675000 usd
us-gaap Revenues
Revenues
8968000 usd
us-gaap Revenues
Revenues
11345000 usd
CY2023Q3 us-gaap Cost Of Revenue
CostOfRevenue
3254000 usd
CY2022Q3 us-gaap Cost Of Revenue
CostOfRevenue
8346000 usd
us-gaap Cost Of Revenue
CostOfRevenue
26843000 usd
us-gaap Cost Of Revenue
CostOfRevenue
29952000 usd
CY2022Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
10390000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
16444000 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
10390000 usd
CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4814000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5418000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16285000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18402000 usd
CY2023Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
527000 usd
CY2022Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1719000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
2690000 usd
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
7560000 usd
CY2023Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
480000 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
650000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2089000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
2033000 usd
CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-7520000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-22848000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-55384000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-56992000 usd
CY2023Q3 us-gaap Revenues
Revenues
1554000 usd
CY2022Q3 us-gaap Revenues
Revenues
3675000 usd
us-gaap Revenues
Revenues
8968000 usd
us-gaap Revenues
Revenues
11345000 usd
CY2023Q3 mcom Asset Noncurrent
AssetNoncurrent
5403000 usd
CY2022Q4 mcom Asset Noncurrent
AssetNoncurrent
29909000 usd
mcom Revenue From Related Party
RevenueFromRelatedParty
56000 usd
CY2023Q4 us-gaap Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
59800000 shares

Files In Submission

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0001079973-23-001598-index-headers.html Edgar Link pending
0001079973-23-001598-index.html Edgar Link pending
0001079973-23-001598.txt Edgar Link pending
0001079973-23-001598-xbrl.zip Edgar Link pending
ex31x1.htm Edgar Link pending
ex31x2.htm Edgar Link pending
ex32x1.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
image_001.jpg Edgar Link pending
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mcom-20230930.xsd Edgar Link pending
mcom_10q.htm Edgar Link pending
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report.css Edgar Link pending
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mcom-20230930_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable