2023 Q1 Form 10-K Financial Statement

#000149315223008914 Filed on March 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $129.0K $95.66K $233.5K
YoY Change -54.51% 11.04%
Cost Of Revenue $39.28K $27.79K $54.32K
YoY Change -65.41% -32.4%
Gross Profit $89.70K $67.87K $179.2K
YoY Change -47.76% 37.89%
Gross Profit Margin 69.55% 70.95% 76.74%
Selling, General & Admin $1.370M $1.320M $8.333M
YoY Change -46.62% -81.73% 15.32%
% of Gross Profit 1527.4% 1945.38% 4650.82%
Research & Development $606.0K $680.8K $3.979M
YoY Change -50.26% -59.52% 136.57%
% of Gross Profit 675.59% 1003.15% 2220.75%
Depreciation & Amortization $210.3K $210.4K $841.4K
YoY Change -0.01% 379.51% 1818.04%
% of Gross Profit 234.49% 309.95% 469.64%
Operating Expenses $2.223M $2.212M $37.50M
YoY Change -44.37% -75.29% 318.97%
Operating Profit -$2.133M -$2.144M -$37.32M
YoY Change -46.62% -75.7% 323.11%
Interest Expense -$1.698M -$1.149M -$2.789M
YoY Change 466.77% 811.67% 2113.35%
% of Operating Profit
Other Income/Expense, Net -$421.7K $3.740M -$842.1K
YoY Change -76.96% -369.65% -39.29%
Pretax Income -$2.555M -$23.56M -$38.17M
YoY Change -58.29% 114.26% 247.03%
Income Tax
% Of Pretax Income
Net Earnings -$2.555M -$23.56M -$38.17M
YoY Change -58.29% 114.26% 247.03%
Net Earnings / Revenue -1980.7% -24633.45% -16346.18%
Basic Earnings Per Share -$0.06 -$0.94
Diluted Earnings Per Share -$0.06 -$0.58 -$0.94
COMMON SHARES
Basic Shares Outstanding 40.77M shares 40.53M shares 40.73M shares
Diluted Shares Outstanding 40.76M shares 40.73M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $329.8K $510.9K $510.9K
YoY Change -89.61% -87.46% -87.46%
Cash & Equivalents $329.8K $510.9K
Short-Term Investments
Other Short-Term Assets $1.259M $1.126M $1.126M
YoY Change 167.97% 337.75% 337.75%
Inventory $176.5K $215.6K $215.6K
Prepaid Expenses $1.259M $1.126M
Receivables $78.17K $87.80K $87.80K
Other Receivables $35.23K $15.31K $15.31K
Total Short-Term Assets $1.879M $1.955M $1.955M
YoY Change -49.05% -55.58% -55.58%
LONG-TERM ASSETS
Property, Plant & Equipment $12.50K $12.55K $1.498M
YoY Change -98.87% -2.12% 27.82%
Goodwill $7.191M $7.191M
YoY Change 0.0%
Intangibles $27.46M $27.68M
YoY Change -47.65%
Long-Term Investments
YoY Change
Other Assets $332.9K $369.1K $369.1K
YoY Change -9.8% 0.0% 0.0%
Total Long-Term Assets $36.39M $36.73M $36.73M
YoY Change -40.66% -40.37% -40.37%
TOTAL ASSETS
Total Short-Term Assets $1.879M $1.955M $1.955M
Total Long-Term Assets $36.39M $36.73M $36.73M
Total Assets $38.27M $38.69M $38.69M
YoY Change -41.14% -41.38% -41.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.873M $1.365M $1.225M
YoY Change 127.71% -14.45% -23.28%
Accrued Expenses $426.1K $423.5K $564.4K
YoY Change 53.76% 52.81% 103.65%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0% -100.0%
Long-Term Debt Due $5.639M $1.133M $1.133M
YoY Change 786.41%
Total Short-Term Liabilities $8.027M $2.922M $2.922M
YoY Change 384.72% -6.76% -6.76%
LONG-TERM LIABILITIES
Long-Term Debt $792.2K $2.752M $2.752M
YoY Change 149.08% 455.53% 455.53%
Other Long-Term Liabilities $14.22M $15.59M $15.59M
YoY Change -20.05% 6.21% 6.21%
Total Long-Term Liabilities $15.01M $18.34M $18.34M
YoY Change -17.08% 20.88% 20.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $8.027M $2.922M $2.922M
Total Long-Term Liabilities $15.01M $18.34M $18.34M
Total Liabilities $23.04M $21.27M $21.27M
YoY Change 16.59% 16.15% 16.15%
SHAREHOLDERS EQUITY
Retained Earnings -$88.54M -$85.99M
YoY Change 79.81%
Common Stock $40.77K $40.53K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $15.23M $17.42M $17.42M
YoY Change
Total Liabilities & Shareholders Equity $38.27M $38.69M $38.69M
YoY Change -41.14% -41.38% -41.38%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$2.555M -$23.56M -$38.17M
YoY Change -58.29% 114.26% 247.03%
Depreciation, Depletion And Amortization $210.3K $210.4K $841.4K
YoY Change -0.01% 379.51% 1818.04%
Cash From Operating Activities -$1.120M -$1.586M -$10.85M
YoY Change -74.03% 7.6% 87.52%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $939.1K 914.7K $7.291M
YoY Change -72.5% -83.46% 4.8%
NET CHANGE
Cash From Operating Activities -$1.120M -1.586M -$10.85M
Cash From Investing Activities
Cash From Financing Activities $939.1K 914.7K $7.291M
Net Change In Cash -$181.1K -671.4K -$3.561M
YoY Change -116.55%
FREE CASH FLOW
Cash From Operating Activities -$1.120M -$1.586M -$10.85M
Capital Expenditures
Free Cash Flow
YoY Change

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200000 usd
CY2022 us-gaap Net Income Loss
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CY2022Q4 us-gaap Stockholders Equity
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CY2022Q4 us-gaap Stockholders Equity
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CY2021 us-gaap Net Income Loss
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CY2021 us-gaap Depreciation Depletion And Amortization
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CY2022 us-gaap Share Based Compensation
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CY2021 us-gaap Share Based Compensation
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InterestAndAccretionExpenses
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CY2021 MRZM Interest And Accretion Expenses
InterestAndAccretionExpenses
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CY2022 MRZM Issuance Of Warrants For Services
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CY2021 MRZM Issuance Of Warrants For Services
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24350000 usd
CY2022 MRZM Gain Loss On Fair Value Of Contingent Liabilities
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1606000 usd
CY2021 MRZM Gain Loss On Fair Value Of Contingent Liabilities
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CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2021 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022 us-gaap Other Operating Income
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CY2022 us-gaap Increase Decrease In Accounts And Other Receivables
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CY2021 us-gaap Increase Decrease In Accounts And Other Receivables
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CY2022 us-gaap Increase Decrease In Prepaid Expense
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CY2021 us-gaap Increase Decrease In Prepaid Expense
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CY2022 us-gaap Increase Decrease In Inventories
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CY2021 us-gaap Increase Decrease In Inventories
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 us-gaap Increase Decrease In Due To Related Parties
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CY2021 us-gaap Net Cash Provided By Used In Operating Activities
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CY2022 MRZM Proceeds From Financing Net Of Issuance Cost
ProceedsFromFinancingNetOfIssuanceCost
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CY2021 MRZM Proceeds From Financing Net Of Issuance Cost
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CY2021 us-gaap Proceeds From Notes Payable
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CY2022 us-gaap Proceeds From Warrant Exercises
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CY2022 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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DerivativeLiabilitiesAndDebtDiscountIssuedInConnectionWithConvertibleNotes
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CY2021 MRZM Derivative Liabilities And Debt Discount Issued In Connection With Convertible Notes
DerivativeLiabilitiesAndDebtDiscountIssuedInConnectionWithConvertibleNotes
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CY2022 MRZM Warrants And Debt Discount Issued In Connection With Convertible Notes
WarrantsAndDebtDiscountIssuedInConnectionWithConvertibleNotes
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CY2021 MRZM Warrants And Debt Discount Issued In Connection With Convertible Notes
WarrantsAndDebtDiscountIssuedInConnectionWithConvertibleNotes
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CY2022 MRZM Settlement Of Notes Payable With Convertible Notes
SettlementOfNotesPayableWithConvertibleNotes
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CY2022 MRZM Warrants Repurchased And Retired
WarrantsRepurchasedAndRetired
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CY2021 MRZM Issuance Of Warrants In Connection With Business Combination
IssuanceOfWarrantsInConnectionWithBusinessCombination
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CY2021 MRZM Notes Payable Assumed In Connection With Business Combination
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CY2022Q4 us-gaap Cash
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CY2021Q1 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2022 us-gaap Use Of Estimates
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<p id="xdx_84D_eus-gaap--UseOfEstimates_zWy482xbSKIi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_864_z4SHxRO8ytZh">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the consolidated financial statements in accordance with GAAP requires management to make use of certain estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reported periods. The Company bases its estimates on historical experience and on various other assumptions that management believes are reasonable under the circumstances, the results of which form the basis for making judgments about carrying values of assets and liabilities that are not readily apparent from other sources. Actual results could differ from those estimates. Significant estimates are related to the allocation of the purchase price in a business combination to the underlying assets and liabilities, recoverability of long-term assets including intangible assets and goodwill, amortization expense, valuation of warrants, stock-based compensation, derivative liabilities, contingent liabilities, and deferred tax valuations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p>
CY2022 MRZM Midrange Average Estimated Interest Rate
MidrangeAverageEstimatedInterestRate
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CY2022 us-gaap Liabilities Fair Value Adjustment
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1414000 usd
CY2022 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
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CY2021 us-gaap Increase Decrease In Royalties Payable
IncreaseDecreaseInRoyaltiesPayable
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CY2022 us-gaap Concentration Risk Credit Risk
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<p id="xdx_846_eus-gaap--ConcentrationRiskCreditRisk_zgXiGNrHRLoh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_865_zXrlTK1t8oR5">Concentrations of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; 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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has significant cash balances at financial institutions which throughout the year regularly exceed the federally insured limit of $<span id="xdx_902_eus-gaap--CashFDICInsuredAmount_iI_c20221231_zpzly7Likacl" title="Cash federally insured limit">250,000</span>. Any loss incurred or a lack of access to such funds could have a significant adverse impact on the Company’s financial condition, results of operations, and cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
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CY2021Q4 MRZM Prepaid Royalties Noncurrent
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CY2022 MRZM Deferred Revenue Addition
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FiniteLivedIntangibleAssetUsefulLife
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NotesPayable
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CY2022Q2 us-gaap Area Of Land
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CY2022Q4 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
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CY2021 us-gaap Payments For Rent
PaymentsForRent
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CY2021Q4 us-gaap Operating Lease Right Of Use Asset
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
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CY2022Q4 us-gaap Operating Lease Liability
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CY2022Q4 MRZM Finite Lived Intangible Assets Impairment
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CY2022Q4 us-gaap Goodwill
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CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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CY2021 MRZM Indefinite Lived Intangible Assets Purchase Accounting Adjustments One
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CY2021Q4 us-gaap Employee Related Liabilities Current And Noncurrent
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AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
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CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
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CY2022 us-gaap Debt Instrument Covenant Compliance
DebtInstrumentCovenantCompliance
Default in the payment of principal or interest or other material covenant under the note triggers a default penalty equal to 0.666% of $750,000 per month during the period of default, and other lender rights, including the demand of immediate payment of all amounts due including accrued but unpaid interest, and recovery of all costs, fees including attorney’s fees and disbursements, and expenses relating to collection and enforcement of the promissory note.
CY2022 us-gaap Gains Losses On Extinguishment Of Debt
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CY2022Q4 us-gaap Convertible Long Term Notes Payable
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CY2021Q4 us-gaap Convertible Long Term Notes Payable
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CY2021Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
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CY2022Q4 us-gaap Convertible Debt Noncurrent
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CY2021Q4 us-gaap Convertible Debt Noncurrent
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CY2022Q4 us-gaap Preferred Stock Shares Authorized
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CY2021Q4 us-gaap Preferred Stock Shares Outstanding
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CY2022Q1 MRZM Stock Issued During Period Shares Exercise Of Warrants
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CY2022Q4 us-gaap Stock Repurchased And Retired During Period Shares
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300000 shares
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400000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1532500 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0298 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0109 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.1758 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
2.5208 pure
CY2022Q4 us-gaap Share Price
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CY2021Q4 us-gaap Share Price
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
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0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022 MRZM Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
0 pure
CY2021 MRZM Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Forfeiture Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsForfeitureRate
0 pure
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P9Y11M12D
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
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P6Y4M17D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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1.51
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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1.24
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y4M2D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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400000 shares
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
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CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
1.25
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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1.33
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.20
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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CY2022 us-gaap Proceeds From Issuance Or Sale Of Equity
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CY2022 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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CY2021 us-gaap Fair Value Adjustment Of Warrants
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2021 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Related Party Transaction Amounts Of Transaction
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CY2022Q4 us-gaap Prepaid Royalties
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CY2021Q4 us-gaap Prepaid Royalties
PrepaidRoyalties
339091 usd
CY2022 MRZM Royalties Percentage
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CY2022Q4 us-gaap Operating Loss Carryforwards
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41733000 usd
CY2021Q4 us-gaap Operating Loss Carryforwards
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.21 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-8014646 usd
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CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
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CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
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CY2022 MRZM Income Tax Reconciliation Change In Deferred Trueups
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CY2021 MRZM Income Tax Reconciliation Change In Deferred Trueups
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CY2022 us-gaap Income Tax Reconciliation Tax Credits Other
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CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.043 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.000 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
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-0.018 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depletion
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-0.056 pure
CY2022 MRZM Effective Income Tax Rate Reconciliation Change In Deferred Deferred Trueup Tax
EffectiveIncomeTaxRateReconciliationChangeInDeferredDeferredTrueupTax
-0.001 pure
CY2021 MRZM Effective Income Tax Rate Reconciliation Change In Deferred Deferred Trueup Tax
EffectiveIncomeTaxRateReconciliationChangeInDeferredDeferredTrueupTax
0.018 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.003 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Other
EffectiveIncomeTaxRateReconciliationTaxCreditsOther
0.000 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.237 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.172 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000 pure
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2022Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
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CY2021Q4 us-gaap Deferred Tax Assets Deferred Gain On Sale Leaseback Transaction
DeferredTaxAssetsDeferredGainOnSaleLeasebackTransaction
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CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2021Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
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CY2022Q4 us-gaap Deferred Tax Assets Gross
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14520448 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
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7315601 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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376379 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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277142 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
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376379 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 MRZM Gross Deferred Tax Assets
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14144068 usd
CY2021Q4 MRZM Gross Deferred Tax Assets
GrossDeferredTaxAssets
5093324 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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14144068 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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5093324 usd
CY2022Q4 MRZM Remaining Deferred Tax Assets Valuation Allowance
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14144068 usd
CY2021Q4 MRZM Remaining Deferred Tax Assets Valuation Allowance
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5093324 usd

Files In Submission

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mrzm-20221231_def.xml Edgar Link unprocessable
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0001493152-23-008914-index.html Edgar Link pending
0001493152-23-008914.txt Edgar Link pending
0001493152-23-008914-xbrl.zip Edgar Link pending
ex21-1.htm Edgar Link pending
ex31-1.htm Edgar Link pending
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ex32-1.htm Edgar Link pending
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ex4-21.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-k.htm Edgar Link pending
form10-k_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
mrzm-20221231.xsd Edgar Link pending
R1.htm Edgar Link pending
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mrzm-20221231_cal.xml Edgar Link unprocessable
mrzm-20221231_pre.xml Edgar Link unprocessable
form10-k_htm.xml Edgar Link completed
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report.css Edgar Link pending
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mrzm-20221231_lab.xml Edgar Link unprocessable