2024 Q3 Form 10-Q Financial Statement
#000149315224032184 Filed on August 14, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
Revenue | $184.7K | ||
YoY Change | 198.89% | ||
Cost Of Revenue | $49.61K | ||
YoY Change | 349.78% | ||
Gross Profit | $135.1K | ||
YoY Change | 166.1% | ||
Gross Profit Margin | 73.15% | ||
Selling, General & Admin | $1.156M | $3.875M | |
YoY Change | -70.18% | 26.2% | |
% of Gross Profit | 2867.92% | ||
Research & Development | $312.3K | $691.4K | |
YoY Change | -54.83% | -49.59% | |
% of Gross Profit | 511.66% | ||
Depreciation & Amortization | $121.3K | $210.3K | |
YoY Change | -42.33% | -0.03% | |
% of Gross Profit | 155.62% | ||
Operating Expenses | $1.589M | $4.939M | |
YoY Change | -67.82% | 5.91% | |
Operating Profit | -$1.589M | -$4.804M | |
YoY Change | -66.92% | 4.39% | |
Interest Expense | -$3.438M | -$13.42M | |
YoY Change | -74.39% | 2431.76% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$2.483M | -$15.77M | |
YoY Change | -84.26% | 579.19% | |
Pretax Income | -$4.073M | -$20.58M | |
YoY Change | -80.21% | 197.18% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$4.073M | -$20.58M | |
YoY Change | -80.21% | 197.18% | |
Net Earnings / Revenue | -11138.09% | ||
Basic Earnings Per Share | -$0.03 | -$0.48 | |
Diluted Earnings Per Share | -$0.03 | -$0.48 | |
COMMON SHARES | |||
Basic Shares Outstanding | 131.8M shares | 131.8M shares | 43.42M shares |
Diluted Shares Outstanding | 131.8M shares | 43.19M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $5.220K | $205.2K | |
YoY Change | -97.46% | -89.96% | |
Cash & Equivalents | $5.222K | $205.2K | |
Short-Term Investments | |||
Other Short-Term Assets | $854.2K | $606.4K | |
YoY Change | 40.87% | 157.6% | |
Inventory | $26.87K | $139.7K | |
Prepaid Expenses | $854.1K | $606.3K | |
Receivables | $72.98K | ||
Other Receivables | $35.85K | $34.30K | |
Total Short-Term Assets | $922.1K | $1.059M | |
YoY Change | -12.89% | -59.51% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $12.50K | ||
YoY Change | -1.43% | ||
Goodwill | $5.416M | $7.191M | |
YoY Change | -24.68% | 0.0% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $150.5K | $170.8K | |
YoY Change | -11.91% | -53.71% | |
Total Long-Term Assets | $20.61M | $35.92M | |
YoY Change | -42.62% | -41.76% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $922.1K | $1.059M | |
Total Long-Term Assets | $20.61M | $35.92M | |
Total Assets | $21.53M | $36.98M | |
YoY Change | -41.77% | -42.49% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.269M | $2.038M | |
YoY Change | 60.41% | 230.29% | |
Accrued Expenses | $439.5K | $428.8K | |
YoY Change | 2.5% | 2.5% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $990.6K | $0.00 | |
YoY Change | -100.0% | ||
Long-Term Debt Due | $18.56M | $12.75M | |
YoY Change | 45.6% | 5181.86% | |
Total Short-Term Liabilities | $23.55M | $20.82M | |
YoY Change | 13.11% | 1287.72% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $307.4K | |
YoY Change | -100.0% | -63.53% | |
Other Long-Term Liabilities | $7.363M | $8.583M | |
YoY Change | -14.21% | -58.35% | |
Total Long-Term Liabilities | $7.363M | $8.890M | |
YoY Change | -17.18% | -58.56% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $23.55M | $20.82M | |
Total Long-Term Liabilities | $7.363M | $8.890M | |
Total Liabilities | $30.91M | $29.71M | |
YoY Change | 4.05% | 29.46% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$161.6M | -$109.1M | |
YoY Change | 48.13% | 79.26% | |
Common Stock | $131.8K | $45.37K | |
YoY Change | 190.51% | 11.11% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$9.380M | $7.270M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $21.53M | $36.98M | |
YoY Change | -41.77% | -42.49% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$4.073M | -$20.58M | |
YoY Change | -80.21% | 197.18% | |
Depreciation, Depletion And Amortization | $121.3K | $210.3K | |
YoY Change | -42.33% | -0.03% | |
Cash From Operating Activities | -$732.9K | -$1.198M | |
YoY Change | -38.81% | -56.31% | |
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 | 732.0K | 1.073M | |
YoY Change | -31.8% | -33.5% | |
NET CHANGE | |||
Cash From Operating Activities | -732.9K | -1.198M | |
Cash From Investing Activities | |||
Cash From Financing Activities | 732.0K | 1.073M | |
Net Change In Cash | -930.0 | -124.6K | |
YoY Change | -99.25% | -88.96% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$732.9K | -$1.198M | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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Q2 | ||
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2024-06-30 | ||
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000-53223 | ||
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MARIZYME, INC. | ||
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NV | ||
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Entity Tax Identification Number
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82-5464863 | ||
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555 Heritage Drive | ||
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Suite 205 | ||
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Jupiter | ||
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FL | ||
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33458 | ||
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(561) | ||
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935-9955 | ||
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-161635217 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-151336349 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9379968 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4660636 | usd |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
21534573 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
22015075 | usd |
CY2023Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
184739 | usd |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
32855 | usd | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
313713 | usd | |
CY2023Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
49611 | usd |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
9647 | usd | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
88886 | usd | |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
135128 | usd |
us-gaap |
Gross Profit
GrossProfit
|
23208 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
224827 | usd | |
CY2024Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
338676 | usd |
CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
511844 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
602772 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
896650 | usd | |
CY2024Q2 | us-gaap |
Salaries And Wages
SalariesAndWages
|
355525 | usd |
CY2023Q2 | us-gaap |
Salaries And Wages
SalariesAndWages
|
335004 | usd |
us-gaap |
Salaries And Wages
SalariesAndWages
|
665684 | usd | |
us-gaap |
Salaries And Wages
SalariesAndWages
|
601972 | usd | |
CY2024Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
312333 | usd |
CY2023Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
691393 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
634200 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
1297390 | usd | |
CY2024Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
41588 | usd |
CY2023Q2 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
160762 | usd |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
95852 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
371728 | usd | |
CY2024Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
121277 | usd |
CY2023Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
210293 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
230054 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
420631 | usd | |
CY2023Q2 | us-gaap |
Royalty Expense
RoyaltyExpense
|
162065 | usd |
us-gaap |
Royalty Expense
RoyaltyExpense
|
1957 | usd | |
us-gaap |
Royalty Expense
RoyaltyExpense
|
198248 | usd | |
CY2024Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
419961 | usd |
CY2023Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
2867749 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
754141 | usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
3375073 | usd | |
CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
1589360 | usd |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
4939110 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
2984660 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
7161692 | usd | |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1589360 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4803982 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2961452 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6936865 | usd | |
CY2024Q2 | MRZM |
Interest And Accretion Expenses Other
InterestAndAccretionExpensesOther
|
2938416 | usd |
CY2023Q2 | MRZM |
Interest And Accretion Expenses Other
InterestAndAccretionExpensesOther
|
13424169 | usd |
MRZM |
Interest And Accretion Expenses Other
InterestAndAccretionExpensesOther
|
7100246 | usd | |
MRZM |
Interest And Accretion Expenses Other
InterestAndAccretionExpensesOther
|
15121870 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
200000 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
200000 | usd | |
CY2024Q2 | MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
88000 | usd |
CY2023Q2 | MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
714000 | usd |
MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
-497000 | usd | |
MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
1990000 | usd | |
CY2024Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
667200 | usd |
CY2023Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-684682 | usd |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
559830 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-684682 | usd | |
CY2024Q2 | MRZM |
Borrowing Costs
BorrowingCosts
|
500000 | usd |
MRZM |
Borrowing Costs
BorrowingCosts
|
500000 | usd | |
CY2023Q2 | MRZM |
Loss On Issuance Of Debt
LossOnIssuanceOfDebt
|
2377569 | usd |
MRZM |
Loss On Issuance Of Debt
LossOnIssuanceOfDebt
|
2377569 | usd | |
CY2024Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2483216 | usd |
CY2023Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-15772420 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-7337416 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-16194121 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4072576 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-20576402 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10298868 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23130986 | usd | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.03 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.48 | |
CY2023Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.48 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.08 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.08 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.55 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.55 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
131793088 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
131793088 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43187439 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43187439 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
131793088 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
131793088 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
41979194 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
41979194 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
17421985 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2554584 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
15231967 | usd |
CY2023Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
160762 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
223486 | usd |
CY2023Q2 | MRZM |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
265216 | usd |
CY2023Q2 | MRZM |
Adjustments To Additional Paid In Capital Issuance Of Warrants On Debt Extinguishment
AdjustmentsToAdditionalPaidInCapitalIssuanceOfWarrantsOnDebtExtinguishment
|
19058426 | usd |
CY2023Q2 | MRZM |
Adjustments To Additional Paid In Capital Issuance Of Warrants On Promissory Note
AdjustmentsToAdditionalPaidInCapitalIssuanceOfWarrantsOnPromissoryNote
|
1333128 | usd |
CY2023Q2 | MRZM |
Stock Issued During Period Warrants Cancelled In Debt Extinguishment
StockIssuedDuringPeriodWarrantsCancelledInDebtExtinguishment
|
-8426927 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-20576402 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4660636 | usd |
CY2024Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
54264 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6226292 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10832664 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10832664 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
41588 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
5483684 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4072576 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9379968 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9379968 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-10298868 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-23130986 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
230054 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
420631 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
201800 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
95852 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
371728 | usd | |
MRZM |
Interest And Accretion Expenses
InterestAndAccretionExpenses
|
7100246 | usd | |
MRZM |
Interest And Accretion Expenses
InterestAndAccretionExpenses
|
15121870 | usd | |
MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
-497000 | usd | |
MRZM |
Gain Loss On Fair Value Of Contingent Liabilities
GainLossOnFairValueOfContingentLiabilities
|
1990000 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
559830 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-684682 | usd | |
MRZM |
Loss On Issuance Of Debt
LossOnIssuanceOfDebt
|
2377569 | usd | |
MRZM |
Shares Issued As Part Of Confidential Settlement Agreement
SharesIssuedAsPartOfConfidentialSettlementAgreement
|
153600 | usd | |
MRZM |
Shares Issued For Services
SharesIssuedForServices
|
138000 | usd | |
MRZM |
Warrants Issued As Part Of Promissory Note Agreement
WarrantsIssuedAsPartOfPromissoryNoteAgreement
|
1333128 | usd | |
MRZM |
Borrowing Costs
BorrowingCosts
|
500000 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-60233 | usd | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
4171 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
154771 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-519414 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
2014 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-75843 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
932496 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1657909 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
57747 | usd | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
143351 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-201800 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-190581 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1541855 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2318013 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
870000 | usd | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
265216 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1040000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1000000 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
141388 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
122842 | usd | |
us-gaap |
Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
|
500000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1398612 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2012374 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-143243 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-305639 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
148465 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
510865 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5222 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
205226 | usd |
MRZM |
Debt Discount Issued In Connection With Warrants Modification
DebtDiscountIssuedInConnectionWithWarrantsModification
|
5344229 | usd | |
MRZM |
Derivative Liabilities And Debt Discount Issued In Connection With Convertible Notes
DerivativeLiabilitiesAndDebtDiscountIssuedInConnectionWithConvertibleNotes
|
5461702 | usd | |
MRZM |
Warrants And Debt Discount Issued In Connection With Convertible Notes
WarrantsAndDebtDiscountIssuedInConnectionWithConvertibleNotes
|
19058426 | usd | |
MRZM |
Settlement Of Notes Payable With Convertible Notes
SettlementOfNotesPayableWithConvertibleNotes
|
2064133 | usd | |
MRZM |
Warrants Cancelled In Debt Extinguishment
WarrantsCancelledInDebtExtinguishment
|
8426927 | usd | |
MRZM |
Shares Issued On Conversion Of Convertible Notes
SharesIssuedOnConversionOfConvertibleNotes
|
84140 | usd | |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-161635217 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-151336349 | usd |
CY2024Q2 | MRZM |
Working Capital
WorkingCapital
|
-22629551 | usd |
CY2023Q4 | MRZM |
Working Capital
WorkingCapital
|
-19633804 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
5222 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
148465 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_840_eus-gaap--UseOfEstimates_zVwDpkrDsmV" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zVpQcaz0Gsn8">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the unaudited condensed consolidated financial statements in accordance with U.S. 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 unaudited condensed 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 recoverability of long-term assets including intangible assets and goodwill, amortization expense, valuation of warrants, stock-based compensation, and contingent liabilities.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
MRZM |
Midrange Average Estimated Interest Rate
MidrangeAverageEstimatedInterestRate
|
0.206 | pure | |
CY2024Q2 | us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
10000 | usd |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
637000 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3995000 | usd | |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
3358000 | usd |
CY2020Q4 | us-gaap |
Lessee Operating Lease Description
LesseeOperatingLeaseDescription
|
five-and-a-half-year lease agreement | |
CY2020Q4 | us-gaap |
Area Of Land
AreaOfLand
|
10300 | sqft |
CY2024Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
63885 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
161058 | usd | |
CY2023Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
37674 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
192502 | usd | |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
899411 | usd |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1101211 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
439508 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
434082 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
459903 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
667129 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
899411 | usd |
CY2023Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1101211 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
217041 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
444934 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
266034 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
928009 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
28598 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
899411 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
15850745 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-1704170 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
14146575 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
29142745 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-2308896 | usd |
CY2023 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
12469720 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
14364129 | usd |
CY2024Q2 | us-gaap |
Goodwill
Goodwill
|
5416000 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
5416000 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
27675020 | usd |
CY2023 | us-gaap |
Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
|
12469720 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
841171 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
14364129 | usd |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
217554 | usd | |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
14146575 | usd |
CY2024Q2 | us-gaap |
Notes Payable
NotesPayable
|
755000 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
4260594 | shares |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6692765 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
4180071 | shares |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
6500743 | usd |
CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt Before Write Off Of Deferred Debt Issuance Cost
GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost
|
684682 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
|
4207828 | shares |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
344959 | usd |
CY2023Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
9340774 | usd |
CY2024Q2 | MRZM |
Interest And Accretion Expense
InterestAndAccretionExpense
|
1342178 | usd |
MRZM |
Interest And Accretion Expense
InterestAndAccretionExpense
|
3433668 | usd | |
CY2023Q2 | MRZM |
Interest And Accretion Expense
InterestAndAccretionExpense
|
5730714 | usd |
MRZM |
Interest And Accretion Expense
InterestAndAccretionExpense
|
7286891 | usd | |
CY2024Q2 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
4075749 | usd |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
5483684 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
5344229 | usd | |
CY2024Q2 | MRZM |
Debt Accretion Expenses
DebtAccretionExpenses
|
1566561 | usd |
MRZM |
Debt Accretion Expenses
DebtAccretionExpenses
|
3640609 | usd | |
CY2023Q2 | MRZM |
Debt Accretion Expenses
DebtAccretionExpenses
|
150086 | usd |
MRZM |
Debt Accretion Expenses
DebtAccretionExpenses
|
150086 | usd | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
25000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
2000000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
131793088 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
131793088 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
131793088 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
131793088 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3925943 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.33 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y21D | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
3925943 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.33 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y21D | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
211667 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
1.64 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
1095000 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
1.01 | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2619276 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.44 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y4M13D | ||
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
2519276 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
1.42 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y3M25D | ||
CY2024Q2 | us-gaap |
Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
|
0 | usd |
us-gaap |
Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
|
0 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
5000000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
5483684 | usd | |
CY2024Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
41588 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
95852 | usd | |
CY2023Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
160762 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
371728 | usd | |
CY2024Q2 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q2 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q2 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |