2018 Q4 Form 10-K Financial Statement
#000149315219005454 Filed on April 16, 2019
Income Statement
Concept | 2018 Q4 | 2018 | 2017 Q4 |
---|---|---|---|
Revenue | $93.22K | $687.0K | $80.00K |
YoY Change | 16.53% | 27.61% | -60.0% |
Cost Of Revenue | $51.59K | $213.0K | $10.00K |
YoY Change | 415.9% | 1.54% | -92.31% |
Gross Profit | $41.63K | $474.0K | $70.00K |
YoY Change | -40.53% | 44.25% | -12.5% |
Gross Profit Margin | 44.66% | 69.0% | 87.5% |
Selling, General & Admin | $412.7K | $433.9K | $320.0K |
YoY Change | 28.96% | 13.17% | -8.57% |
% of Gross Profit | 991.28% | 91.53% | 457.14% |
Research & Development | $0.00 | $25.16K | $50.00K |
YoY Change | -100.0% | -48.78% | |
% of Gross Profit | 0.0% | 5.31% | 71.43% |
Depreciation & Amortization | $17.51K | $72.10K | $10.00K |
YoY Change | 75.1% | 15.45% | 0.0% |
% of Gross Profit | 42.06% | 15.21% | 14.29% |
Operating Expenses | $433.2K | $1.493M | $370.0K |
YoY Change | 17.07% | 9.79% | 5.71% |
Operating Profit | -$391.5K | -$1.019M | -$300.0K |
YoY Change | 30.51% | -1.19% | 11.11% |
Interest Expense | -$162.4K | -$344.8K | $150.0K |
YoY Change | -208.23% | -558.94% | 0.0% |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | -$739.0K | -$210.0K |
YoY Change | -100.0% | 214.56% | -22.22% |
Pretax Income | -$505.0K | -$1.758M | -$360.0K |
YoY Change | 40.29% | 38.84% | -12.2% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$505.0K | -$1.758M | -$360.0K |
YoY Change | 40.29% | 38.84% | -12.2% |
Net Earnings / Revenue | -541.76% | -255.91% | -450.0% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$10.01K | -$82.77K | -$39.87K |
COMMON SHARES | |||
Basic Shares Outstanding | 17.74M shares | 683.4M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q4 | 2018 | 2017 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $70.20K | $70.20K | $0.00 |
YoY Change | 4741.38% | -100.0% | |
Cash & Equivalents | $69.86K | $69.86K | $1.454K |
Short-Term Investments | $0.00 | $340.00 | |
Other Short-Term Assets | $3.479K | $3.480K | $60.15K |
YoY Change | -94.22% | -94.21% | 191.91% |
Inventory | $22.57K | $22.57K | $57.84K |
Prepaid Expenses | |||
Receivables | $97.57K | $97.57K | $90.00K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $193.8K | $193.8K | $212.6K |
YoY Change | -8.82% | -8.82% | -25.07% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $58.39K | $58.39K | $116.2K |
YoY Change | -49.77% | -49.76% | -14.09% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $74.65K | $74.65K | $137.0K |
YoY Change | -45.51% | -45.51% | -26.21% |
TOTAL ASSETS | |||
Total Short-Term Assets | $193.8K | $193.8K | $212.6K |
Total Long-Term Assets | $74.65K | $74.65K | $137.0K |
Total Assets | $268.5K | $268.5K | $349.6K |
YoY Change | -23.2% | -23.2% | -25.52% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $246.6K | $246.6K | $297.8K |
YoY Change | -17.2% | -17.2% | -2.61% |
Accrued Expenses | $438.6K | $770.7K | $243.7K |
YoY Change | 79.97% | 166.38% | 23.68% |
Deferred Revenue | $26.00K | ||
YoY Change | |||
Short-Term Debt | $200.0K | $2.443M | $200.0K |
YoY Change | 0.0% | 148.8% | -85.58% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.718M | $3.718M | $1.888M |
YoY Change | 96.93% | 96.93% | 24.41% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $670.0K |
YoY Change | -100.0% | -100.0% | 55.81% |
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $670.0K |
YoY Change | -100.0% | -100.0% | 55.81% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.718M | $3.718M | $1.888M |
Total Long-Term Liabilities | $0.00 | $0.00 | $670.0K |
Total Liabilities | $3.718M | $3.718M | $2.558M |
YoY Change | 45.35% | 45.35% | 31.41% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$22.82M | -$21.01M | |
YoY Change | 8.65% | 6.42% | |
Common Stock | $6.336K | $939.00 | |
YoY Change | 574.76% | -99.82% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$3.450M | -$3.450M | -$2.208M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $268.5K | $268.5K | $349.6K |
YoY Change | -23.2% | -23.2% | -25.52% |
Cashflow Statement
Concept | 2018 Q4 | 2018 | 2017 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$505.0K | -$1.758M | -$360.0K |
YoY Change | 40.29% | 38.84% | -12.2% |
Depreciation, Depletion And Amortization | $17.51K | $72.10K | $10.00K |
YoY Change | 75.1% | 15.45% | 0.0% |
Cash From Operating Activities | -$34.71K | -$416.3K | -$130.0K |
YoY Change | -73.3% | -34.14% | -750.0% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $14.25K | $10.00K |
YoY Change | -100.0% | 83.21% | -200.0% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | $0.00 | -$14.25K | $10.00K |
YoY Change | -100.0% | 83.21% | -200.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 72.00K | $499.0K | 130.0K |
YoY Change | -44.62% | -8.61% | 160.0% |
NET CHANGE | |||
Cash From Operating Activities | -34.71K | -$416.3K | -130.0K |
Cash From Investing Activities | 0.000 | -$14.25K | 10.00K |
Cash From Financing Activities | 72.00K | $499.0K | 130.0K |
Net Change In Cash | 37.29K | $68.40K | 10.00K |
YoY Change | 272.9% | -172.79% | -83.33% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$34.71K | -$416.3K | -$130.0K |
Capital Expenditures | $0.00 | $14.25K | $10.00K |
Free Cash Flow | -$34.71K | -$430.6K | -$140.0K |
YoY Change | -75.21% | -32.72% | -566.67% |
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false | |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
349556 | usd |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
268466 | usd |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-21005763 | usd |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22823194 | usd |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-59249 | usd |
CY2018Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
usd | |
CY2017Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
18855596 | usd |
CY2018Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
19367130 | usd |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
939 | usd |
CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
6336 | usd |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
2558033 | usd |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
3718094 | usd |
CY2017Q4 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
670047 | usd |
CY2018Q4 | us-gaap |
Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
|
usd | |
CY2017Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
261172 | usd |
CY2018Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
232162 | usd |
CY2017Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
usd | |
CY2018Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
884546 | usd |
CY2017Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
781758 | usd |
CY2018Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1293109 | usd |
CY2017Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
57934 | usd |
CY2018Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
26000 | usd |
CY2017Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
243675 | usd |
CY2018Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
438552 | usd |
CY2017Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
297779 | usd |
CY2018Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
246551 | usd |
CY2017Q4 | us-gaap |
Assets
Assets
|
349556 | usd |
CY2018Q4 | us-gaap |
Assets
Assets
|
268466 | usd |
CY2017Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
17520 | usd |
CY2018Q4 | us-gaap |
Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
|
16260 | usd |
CY2017Q4 | us-gaap |
Available For Sale Securities Equity Securities Noncurrent
AvailableForSaleSecuritiesEquitySecuritiesNoncurrent
|
3230 | usd |
CY2018Q4 | us-gaap |
Available For Sale Securities Equity Securities Noncurrent
AvailableForSaleSecuritiesEquitySecuritiesNoncurrent
|
344 | usd |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
116234 | usd |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
58388 | usd |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
212572 | usd |
CY2018Q4 | us-gaap |
Assets Current
AssetsCurrent
|
193474 | usd |
CY2017Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
60153 | usd |
CY2018Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
3479 | usd |
CY2017Q4 | us-gaap |
Inventory Net
InventoryNet
|
57835 | usd |
CY2018Q4 | us-gaap |
Inventory Net
InventoryNet
|
22567 | usd |
CY2017Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
93130 | usd |
CY2018Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
97572 | usd |
CY2018 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2017 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.16 | |
CY2018 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
21241479 | shares |
CY2017 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
8188322 | shares |
CY2018 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-739030 | usd |
CY2017 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-234943 | usd |
CY2018 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
6468 | usd |
CY2017 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
309142 | usd |
CY2018 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1019152 | usd |
CY2017 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1031401 | usd |
CY2018 | us-gaap |
Operating Expenses
OperatingExpenses
|
1493195 | usd |
CY2017 | us-gaap |
Operating Expenses
OperatingExpenses
|
1360016 | usd |
CY2018 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
367771 | usd |
CY2017 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
338950 | usd |
CY2018 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
25163 | usd |
CY2017 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
49126 | usd |
CY2018 | us-gaap |
Professional Fees
ProfessionalFees
|
316541 | usd |
CY2017 | us-gaap |
Professional Fees
ProfessionalFees
|
285295 | usd |
CY2018 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
40940 | usd |
CY2017 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
44446 | usd |
CY2018 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
742780 | usd |
CY2017 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
642199 | usd |
CY2018 | us-gaap |
Gross Profit
GrossProfit
|
474043 | usd |
CY2017 | us-gaap |
Gross Profit
GrossProfit
|
328615 | usd |
CY2018 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
213000 | usd |
CY2017 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
209773 | usd |
CY2018 | GTXO |
Increase In Net Loss
IncreaseInNetLoss
|
2886 | usd |
CY2017Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
670047 | usd |
CY2018Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
884546 | usd |
CY2018 | GTXO |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expired In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriod
|
-182000 | shares |
CY2017 | GTXO |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Expired In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExpiredInPeriod
|
shares | |
CY2018 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2018 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2018 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2018 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2019Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
77991195 | shares |
CY2018Q4 | dei |
Entity Public Float
EntityPublicFloat
|
296163 | usd |
CY2017Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
45668 | usd |
CY2018Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
332174 | usd |
CY2017 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
45275 | usd |
CY2018 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-31934 | usd |
CY2017 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
13026 | usd |
CY2018 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2017 | us-gaap |
Stock Issued1
StockIssued1
|
7875 | usd |
CY2018 | us-gaap |
Standard Product Warranty Description
StandardProductWarrantyDescription
|
The Company's warranty policy provides repair or replacement of products (excluding GPS Shoe devices) returned for defects within ninety days of purchase. | |
CY2018 | us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P2Y | |
CY2017Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
33928 | usd |
CY2018Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
717 | usd |
CY2017Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
23907 | usd |
CY2018Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
21850 | usd |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
283529 | usd |
CY2018Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
355625 | usd |
CY2018Q4 | us-gaap |
Short Term Borrowings
ShortTermBorrowings
|
200000 | usd |
CY2018Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
16166000 | usd |
CY2018 | GTXO |
Income Tax Expiration
IncomeTaxExpiration
|
2028 | |
CY2018 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
598000 | usd |
CY2017 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
431000 | usd |
CY2018 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-55000 | usd |
CY2017 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
-37000 | usd |
CY2018 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1559000 | usd |
CY2017 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1501000 | usd |
CY2018 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2017 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.34 | |
CY2018 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.34 | |
CY2017 | us-gaap |
Effective Income Tax Rate Reconciliation Deductions
EffectiveIncomeTaxRateReconciliationDeductions
|
0.21 | |
CY2017Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3061000 | usd |
CY2018Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3396282 | usd |
CY2017Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3061000 | usd |
CY2018Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3396282 | usd |
CY2017Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2018Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
usd | |
CY2018 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
274918 | usd |
CY2017 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
507195 | usd |
CY2018 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
53973454 | shares |
CY2017 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
2585081 | shares |
CY2017Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
200000 | usd |
CY2018Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
265000 | usd |
CY2017 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
usd | |
CY2018 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
19090 | usd |
CY2017 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
20325 | usd |
CY2018 | GTXO |
Issuance Of Warrants And Bargain Conversion Feature
IssuanceOfWarrantsAndBargainConversionFeature
|
usd | |
CY2017 | GTXO |
Issuance Of Warrants And Bargain Conversion Feature
IssuanceOfWarrantsAndBargainConversionFeature
|
56582 | usd |
CY2018 | GTXO |
Issuance Of Preferred Shares To Board
IssuanceOfPreferredSharesToBoard
|
46363 | usd |
CY2018 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
65000 | usd |
CY2017 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
usd | |
CY2018 | GTXO |
Debt Discount On Convertible Notes And Warrants
DebtDiscountOnConvertibleNotesAndWarrants
|
272146 | usd |
CY2017 | GTXO |
Debt Discount On Convertible Notes And Warrants
DebtDiscountOnConvertibleNotesAndWarrants
|
459611 | usd |
CY2018 | GTXO |
Accrued Salaries Converted To Convertible Promissory Notes
AccruedSalariesConvertedToConvertiblePromissoryNotes
|
usd | |
CY2017 | GTXO |
Accrued Salaries Converted To Convertible Promissory Notes
AccruedSalariesConvertedToConvertiblePromissoryNotes
|
241050 | usd |
CY2017 | us-gaap |
Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
|
28645 | usd |
CY2018 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><u>Use of Estimates</u></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates include, but are not limited to, estimates related to revenue recognition, allowance for doubtful accounts, inventory valuation, tangible and intangible long-term asset valuation, warranty and other obligations and commitments. Estimates are updated on an ongoing basis and are evaluated based on historical experience and current circumstances. Changes in facts and circumstances in the future may give rise to changes in these estimates which may cause actual results to differ from current estimates.</p> | |
CY2018 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="margin: 0pt"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><b><u>Concentrations</u></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">We currently rely on one manufacturer to supply us with our GPS SmartSole and one manufacturer to supply us with the GPS device included in the GPS SmartSole. The loss of either of these manufacturers could severely impede our ability to manufacture the GPS SmartSole.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">As of December 31, 2018, the Company had four customers representing approximately 40%, 30%, 9% and 8% of sales and three customers representing approximately 54%, 12%, and 9% of total accounts receivable, respectively. The Company had three customers representing approximately 33%, 29%, and 16% of sales and three customers representing approximately 8%, 23%, and 11% of total accounts receivable, respectively for the year ended December 31, 2017.</p> | |
CY2017 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
59249 | usd |
CY2017Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
45668 | usd |
CY2018Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
134039 | usd |
CY2017Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
261172 | usd |
CY2018Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
232162 | usd |
CY2018Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
96554 | usd |
CY2018 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-2102000 | usd |
CY2017 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
-1895000 | usd |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2018Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2018 | GTXO |
Cumulative Effect Of New Accounting Principle In Period Of Adoption1
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption1
|
usd | |
CY2018 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
2419962 | shares |
CY2018 | GTXO |
Interest Expense And Financing Costs
InterestExpenseAndFinancingCosts
|
223211 | usd |
CY2017 | GTXO |
Interest Expense And Financing Costs
InterestExpenseAndFinancingCosts
|
75128 | usd |
CY2018 | GTXO |
Additional Cost On Related Party Notes
AdditionalCostOnRelatedPartyNotes
|
247147 | usd |
CY2017 | GTXO |
Additional Cost On Related Party Notes
AdditionalCostOnRelatedPartyNotes
|
usd | |
CY2018 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
181250 | usd |
CY2018 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
14500 | usd |
CY2018 | GTXO |
Gain On Extinguishment Of Derivative Liabilities
GainOnExtinguishmentOfDerivativeLiabilities
|
119099 | usd |
CY2017 | GTXO |
Gain On Extinguishment Of Derivative Liabilities
GainOnExtinguishmentOfDerivativeLiabilities
|
usd | |
CY2018 | us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
107406 | usd |
CY2017 | us-gaap |
Derivative Gain On Derivative
DerivativeGainOnDerivative
|
309142 | usd |
CY2018 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2018 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
73356 | usd |
CY2017 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
62446 | usd |
CY2018 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
-2886 | usd |
CY2017 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
usd | |
CY2018 | GTXO |
Fair Value Of Preferred Stock Issued For Securities
FairValueOfPreferredStockIssuedForSecurities
|
46363 | usd |
CY2017 | GTXO |
Fair Value Of Preferred Stock Issued For Securities
FairValueOfPreferredStockIssuedForSecurities
|
usd | |
CY2018 | GTXO |
Notes Issued For Services
NotesIssuedForServices
|
150000 | usd |
CY2017 | GTXO |
Notes Issued For Services
NotesIssuedForServices
|
usd | |
CY2018 | GTXO |
Common Stock Issued For Financing
CommonStockIssuedForFinancing
|
21090 | usd |
CY2017 | GTXO |
Common Stock Issued For Financing
CommonStockIssuedForFinancing
|
usd | |
CY2018 | GTXO |
Warrants Outstanding And Exercisable Intrinsic Value
WarrantsOutstandingAndExercisableIntrinsicValue
|
||
CY2018 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
1758182 | usd |
CY2017 | us-gaap |
Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
|
1325593 | usd |