2019 Q4 Form 10-K Financial Statement
#000149315221007548 Filed on March 31, 2021
Income Statement
Concept | 2019 Q4 | 2019 | 2018 Q4 |
---|---|---|---|
Revenue | $215.7K | $1.501M | $93.22K |
YoY Change | 131.43% | 118.45% | 16.53% |
Cost Of Revenue | $51.84K | $193.5K | $51.59K |
YoY Change | 0.48% | -9.16% | 415.9% |
Gross Profit | $163.9K | $1.307M | $41.63K |
YoY Change | 293.71% | 175.78% | -40.53% |
Gross Profit Margin | 75.97% | 87.11% | 44.66% |
Selling, General & Admin | $44.05K | $246.8K | $412.7K |
YoY Change | -89.33% | -43.12% | 28.96% |
% of Gross Profit | 26.88% | 18.88% | 991.28% |
Research & Development | $3.879K | $0.00 | |
YoY Change | -84.58% | -100.0% | |
% of Gross Profit | 0.3% | 0.0% | |
Depreciation & Amortization | $5.660K | $39.98K | $17.51K |
YoY Change | -67.68% | -44.54% | 75.1% |
% of Gross Profit | 3.45% | 3.06% | 42.06% |
Operating Expenses | $44.04K | $1.120M | $433.2K |
YoY Change | -89.83% | -24.99% | 17.07% |
Operating Profit | $119.9K | $187.3K | -$391.5K |
YoY Change | -130.61% | -118.38% | 30.51% |
Interest Expense | -$302.8K | -$781.1K | -$162.4K |
YoY Change | 86.49% | 126.55% | -208.23% |
% of Operating Profit | -252.59% | -416.99% | |
Other Income/Expense, Net | $11.25K | -$773.6K | $0.00 |
YoY Change | 4.68% | -100.0% | |
Pretax Income | -$144.2K | -$586.3K | -$505.0K |
YoY Change | -71.46% | -66.65% | 40.29% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$144.2K | -$586.3K | -$505.0K |
YoY Change | -71.46% | -66.65% | 40.29% |
Net Earnings / Revenue | -66.82% | -39.07% | -541.76% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$2.112K | -$8.440K | -$10.01K |
COMMON SHARES | |||
Basic Shares Outstanding | 68.85M shares | 17.74M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2019 Q4 | 2019 | 2018 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $184.4K | $184.4K | $70.20K |
YoY Change | 162.71% | 162.71% | |
Cash & Equivalents | $125.2K | $125.2K | $69.86K |
Short-Term Investments | $59.22K | $59.22K | $0.00 |
Other Short-Term Assets | $10.38K | $10.38K | $3.479K |
YoY Change | 198.45% | 198.28% | -94.22% |
Inventory | $36.19K | $36.19K | $22.57K |
Prepaid Expenses | |||
Receivables | $47.82K | $47.82K | $97.57K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $278.8K | $278.8K | $193.8K |
YoY Change | 43.86% | 43.86% | -8.82% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $18.40K | $18.40K | $58.39K |
YoY Change | -68.48% | -68.49% | -49.77% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $0.00 | ||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $33.40K | $33.40K | $74.65K |
YoY Change | -55.25% | -55.26% | -45.51% |
TOTAL ASSETS | |||
Total Short-Term Assets | $278.8K | $278.8K | $193.8K |
Total Long-Term Assets | $33.40K | $33.40K | $74.65K |
Total Assets | $312.2K | $312.2K | $268.5K |
YoY Change | 16.3% | 16.3% | -23.2% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $203.1K | $203.1K | $246.6K |
YoY Change | -17.61% | -17.61% | -17.2% |
Accrued Expenses | $441.1K | $1.121M | $438.6K |
YoY Change | 0.58% | 45.47% | 79.97% |
Deferred Revenue | $70.07K | $26.00K | |
YoY Change | 169.51% | ||
Short-Term Debt | $210.0K | $2.292M | $200.0K |
YoY Change | 5.0% | -6.18% | 0.0% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.910M | $3.910M | $3.718M |
YoY Change | 5.15% | 5.16% | 96.93% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.910M | $3.910M | $3.718M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $3.910M | $3.910M | $3.718M |
YoY Change | 5.15% | 5.16% | 45.35% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$23.56M | -$22.82M | |
YoY Change | 3.23% | 8.65% | |
Common Stock | $7.142K | $6.336K | |
YoY Change | 12.72% | 574.76% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$3.598M | -$3.598M | -$3.450M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $312.2K | $312.2K | $268.5K |
YoY Change | 16.3% | 16.3% | -23.2% |
Cashflow Statement
Concept | 2019 Q4 | 2019 | 2018 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$144.2K | -$586.3K | -$505.0K |
YoY Change | -71.46% | -66.65% | 40.29% |
Depreciation, Depletion And Amortization | $5.660K | $39.98K | $17.51K |
YoY Change | -67.68% | -44.54% | 75.1% |
Cash From Operating Activities | -$108.0K | -$140.9K | -$34.71K |
YoY Change | 211.26% | -66.15% | -73.3% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $42.78K | $42.78K | $0.00 |
YoY Change | |||
Cash From Investing Activities | $42.78K | $42.78K | $0.00 |
YoY Change | -400.2% | -100.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 114.2K | $153.5K | 72.00K |
YoY Change | 58.68% | -69.24% | -44.62% |
NET CHANGE | |||
Cash From Operating Activities | -108.0K | -$140.9K | -34.71K |
Cash From Investing Activities | 42.78K | $42.78K | 0.000 |
Cash From Financing Activities | 114.2K | $153.5K | 72.00K |
Net Change In Cash | 48.99K | $55.34K | 37.29K |
YoY Change | 31.38% | -19.09% | 272.9% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$108.0K | -$140.9K | -$34.71K |
Capital Expenditures | $0.00 | $0.00 | |
Free Cash Flow | -$108.0K | -$140.9K | -$34.71K |
YoY Change | 211.26% | -67.27% | -75.21% |
Facts In Submission
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CY2020 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
598963 | usd |
CY2019 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
193490 | usd |
CY2020 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2019 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2020 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
109772603 | shares |
CY2019 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
69472678 | shares |
CY2020 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-618407 | usd |
CY2019 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-736325 | usd |
CY2019 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-773649 | usd |
CY2020 | GTXO |
Interest Expense Income And Financing Costs
InterestExpenseIncomeAndFinancingCosts
|
-73405 | usd |
CY2019 | GTXO |
Interest Expense Income And Financing Costs
InterestExpenseIncomeAndFinancingCosts
|
-257409 | usd |
CY2020 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
usd | |
CY2019 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
20024 | usd |
CY2020 | GTXO |
Gain Loss On Marketable Securities
GainLossOnMarketableSecurities
|
91143 | usd |
CY2019 | GTXO |
Gain Loss On Marketable Securities
GainLossOnMarketableSecurities
|
-532342 | usd |
CY2020 | GTXO |
Gainloss On Conversion Of Convertible Notes
GainlossOnConversionOfConvertibleNotes
|
17531 | usd |
CY2019 | GTXO |
Gainloss On Conversion Of Convertible Notes
GainlossOnConversionOfConvertibleNotes
|
usd | |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-627212 | usd |
CY2019 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
187324 | usd |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
1087519 | usd |
CY2019 | us-gaap |
Operating Expenses
OperatingExpenses
|
1119998 | usd |
CY2020 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
185316 | usd |
CY2019 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
236106 | usd |
CY2020 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
28091 | usd |
CY2019 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
10701 | usd |
CY2020 | us-gaap |
Professional Fees
ProfessionalFees
|
252765 | usd |
CY2019 | us-gaap |
Professional Fees
ProfessionalFees
|
267634 | usd |
CY2020 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
621347 | usd |
CY2019 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
605557 | usd |
CY2020 | us-gaap |
Gross Profit
GrossProfit
|
460307 | usd |
CY2019 | us-gaap |
Gross Profit
GrossProfit
|
1307322 | usd |
CY2020 | GTXO |
Grant From Care Loans
GrantFromCareLoans
|
10000 | usd |
CY2019 | GTXO |
Grant From Care Loans
GrantFromCareLoans
|
usd | |
CY2020 | GTXO |
Interest Added To Convertible Note Balance
InterestAddedToConvertibleNoteBalance
|
usd | |
CY2019 | GTXO |
Interest Added To Convertible Note Balance
InterestAddedToConvertibleNoteBalance
|
11250 | usd |
CY2020 | GTXO |
Common Stock Issued For Services
CommonStockIssuedForServices
|
usd | |
CY2019 | GTXO |
Common Stock Issued For Services
CommonStockIssuedForServices
|
3100 | usd |
CY2020 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
3793 | usd |
CY2019 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
54791 | usd |
CY2020 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2019 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
27500 | usd |
CY2020 | GTXO |
Fair Value Of Retention Bonus Shares
FairValueOfRetentionBonusShares
|
usd | |
CY2019 | GTXO |
Fair Value Of Retention Bonus Shares
FairValueOfRetentionBonusShares
|
4461 | usd |
CY2020 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
usd | |
CY2019 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
20024 | usd |
CY2020 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
223536 | usd |
CY2019 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
8626 | usd |
CY2020 | GTXO |
Fair Value Of Common Stock Issued For Services
FairValueOfCommonStockIssuedForServices
|
171583 | usd |
CY2019 | GTXO |
Fair Value Of Common Stock Issued For Services
FairValueOfCommonStockIssuedForServices
|
76880 | usd |
CY2020 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
91142 | usd |
CY2019 | us-gaap |
Marketable Securities Gain Loss
MarketableSecuritiesGainLoss
|
-532342 | usd |
CY2020 | GTXO |
Gain On Receipt Of Marketable Securities From License Agreement
GainOnReceiptOfMarketableSecuritiesFromLicenseAgreement
|
usd | |
CY2019 | GTXO |
Gain On Receipt Of Marketable Securities From License Agreement
GainOnReceiptOfMarketableSecuritiesFromLicenseAgreement
|
634000 | usd |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3597538 | usd |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3449628 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3104097 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-368407 | usd |
CY2019 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-586325 | usd |
CY2020 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-75 reverse stock split | |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
25526 | usd |
CY2019 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
41244 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-556556 | usd |
CY2019 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-140934 | usd |
CY2020 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-32722 | usd |
CY2019 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
44072 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
192340 | usd |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
347945 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-71122 | usd |
CY2019 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-40895 | usd |
CY2020 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
20516 | usd |
CY2019 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
6904 | usd |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
77946 | usd |
CY2019 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
13625 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
4238 | usd |
CY2019 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-49754 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
146200 | usd |
CY2019 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
42778 | usd |
CY2020 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
146200 | usd |
CY2019 | us-gaap |
Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
42778 | usd |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
125200 | usd |
CY2018Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
69856 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
76912 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-48288 | usd |
CY2019 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
55344 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
362068 | usd |
CY2019 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
153500 | usd |
CY2020 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
215604 | usd |
CY2019 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
72000 | usd |
CY2020 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
39517 | usd |
CY2019 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
39500 | usd |
CY2020 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
usd | |
CY2019 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
40000 | usd |
CY2020 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
139319 | usd |
CY2019 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
105000 | usd |
CY2020 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | |
CY2019 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
50000 | usd |
CY2020 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
250000 | usd |
CY2019 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
150000 | usd |
CY2020 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
253355 | usd |
CY2019 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
158105 | usd |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
11199 | usd |
CY2019 | us-gaap |
Interest Paid Net
InterestPaidNet
|
33651 | usd |
CY2020 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2019 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2018Q2 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-75 reverse stock split | |
CY2019Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
12028 | usd |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
21126 | usd |
CY2020 | 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. | |
CY2020 | us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P3Y | |
CY2020 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
13643 | usd |
CY2019 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
3879 | usd |
CY2020 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | integer |
CY2020 | GTXO |
Investment Owned Description
InvestmentOwnedDescription
|
The Company's investments in marketable securities is comprised of shares of stock of two (2) entities with ownership percentages of less than 5%. | |
CY2020 | GTXO |
Stock Issued For Remaining Shares
StockIssuedForRemainingShares
|
2834 | shares |
CY2020 | GTXO |
Stock Issued For Remaining
StockIssuedForRemaining
|
2891 | usd |
CY2020 | GTXO |
Loss From Change In Fair Value Investment
LossFromChangeInFairValueInvestment
|
55484 | usd |
CY2020 | us-gaap |
Principal Investment Gains Losses
PrincipalInvestmentGainsLosses
|
90717 | usd |
CY2019Q4 | us-gaap |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
usd | |
CY2020Q4 | us-gaap |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
usd | |
CY2020Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
223536 | usd |
CY2020 | GTXO |
Income Tax Expiration
IncomeTaxExpiration
|
2028 | |
CY2020Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
1684273 | usd |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
5750000 | shares |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
10805000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
20250000 | shares |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
35250000 | shares |
CY2020 | GTXO |
Warrants Outstanding And Exercisable
WarrantsOutstandingAndExercisable
|
56250000 | shares |
CY2020 | GTXO |
Warrants Outstanding And Exercisable Intrinsic Value
WarrantsOutstandingAndExercisableIntrinsicValue
|
||
CY2019Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
36000000 | shares |
CY2018Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
11555000 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
50500000 | shares |
CY2020 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | |
CY2019 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | |
CY2020 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
608955 | usd |
CY2019 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
238085 | usd |
CY2020 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
66612687 | shares |
CY2019 | us-gaap |
Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
|
44056359 | shares |
CY2020 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
227870 | usd |
CY2019 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
usd | |
CY2020 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<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. Material estimates relate to the assumptions made in determining reserves for uncollectible receivables, inventory reserves and returns, impairment analysis of long-term assets and deferred tax assets, accruals for potential liabilities and assumptions made in valuing the fair market value of equity transactions. 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> | |
CY2020 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<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, 2020, the Company had three customers representing approximately 18%, 9% and 7% of sales and four customers representing approximately 13%, 13%, 13% and 11% of total accounts receivable, respectively. The Company had three customers representing approximately 74%, 9% and 4% of sales and two customers representing approximately 34%, and 30% of total accounts receivable, respectively, for the year ended December 31, 2019.</p> | |
CY2020 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
403824 | usd |
CY2019 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
158105 | usd |
CY2019 | GTXO |
Stock Issuance Of Common Stock For Financings
StockIssuanceOfCommonStockForFinancings
|
3100 | usd |
CY2019 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
54791 | usd |
CY2019 | us-gaap |
Adjustments To Additional Paid In Capital Mark To Market
AdjustmentsToAdditionalPaidInCapitalMarkToMarket
|
-4461 | usd |
CY2019 | GTXO |
Issuance Of Preferred Stock
IssuanceOfPreferredStock
|
150000 | usd |
CY2019 | GTXO |
Adjustments To Additional Paid In Capital Deemed Dividend On Fair Value Of Warrants And Conversion Feature Associated With Preferred Stock
AdjustmentsToAdditionalPaidInCapitalDeemedDividendOnFairValueOfWarrantsAndConversionFeatureAssociatedWithPreferredStock
|
usd | |
CY2019 | us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
usd | |
CY2020 | GTXO |
Proceeds From Issuance Of Preferred Stock For Financing
ProceedsFromIssuanceOfPreferredStockForFinancing
|
250000 | usd |
CY2020 | GTXO |
Adjustments To Additional Paid In Fair Value Of Warrants Issued For Services
AdjustmentsToAdditionalPaidInFairValueOfWarrantsIssuedForServices
|
3793 | usd |
CY2019Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
98000 | usd |
CY2020Q4 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
21715 | usd |
CY2020 | GTXO |
Donation Amount
DonationAmount
|
46000 | usd |
CY2020 | GTXO |
Direct Contribution From Management Team
DirectContributionFromManagementTeam
|
33000 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
44210 | usd |
CY2019 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
usd | |
CY2020 | GTXO |
Bad Debt Expense
BadDebtExpense
|
11572 | usd |
CY2020 | GTXO |
Adjustments To Additional Paid In Capital Gains From Forgiveness Of Debt Related Party.
AdjustmentsToAdditionalPaidInCapitalGainsFromForgivenessOfDebtRelatedParty.
|
32648 | usd |