2024 Q4 Form 10-Q Financial Statement
#000168316824007816 Filed on November 08, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
Revenue | $590.2K | |
YoY Change | -22.76% | |
Cost Of Revenue | $497.4K | |
YoY Change | -22.64% | |
Gross Profit | $92.85K | |
YoY Change | -23.38% | |
Gross Profit Margin | 15.73% | |
Selling, General & Admin | $1.050M | |
YoY Change | 87.52% | |
% of Gross Profit | 1131.02% | |
Research & Development | $8.617K | |
YoY Change | ||
% of Gross Profit | 9.28% | |
Depreciation & Amortization | ||
YoY Change | ||
% of Gross Profit | ||
Operating Expenses | $1.059M | |
YoY Change | 90.71% | |
Operating Profit | -$965.9K | |
YoY Change | 122.56% | |
Interest Expense | $1.400K | |
YoY Change | ||
% of Operating Profit | ||
Other Income/Expense, Net | $1.395K | |
YoY Change | -73.54% | |
Pretax Income | -$964.5K | |
YoY Change | 124.3% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$964.5K | |
YoY Change | 124.97% | |
Net Earnings / Revenue | -163.41% | |
Basic Earnings Per Share | -$0.03 | |
Diluted Earnings Per Share | -$0.03 | |
COMMON SHARES | ||
Basic Shares Outstanding | 33.36M shares | 33.25M shares |
Diluted Shares Outstanding | 33.24M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $393.4K | |
YoY Change | -78.38% | |
Cash & Equivalents | $393.4K | |
Short-Term Investments | ||
Other Short-Term Assets | $38.41K | |
YoY Change | -23.18% | |
Inventory | $1.768M | |
Prepaid Expenses | ||
Receivables | $1.951M | |
Other Receivables | $0.00 | |
Total Short-Term Assets | $4.150M | |
YoY Change | -32.76% | |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | ||
YoY Change | ||
Total Long-Term Assets | $0.00 | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $4.150M | |
Total Long-Term Assets | $0.00 | |
Total Assets | $4.150M | |
YoY Change | -32.76% | |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $216.3K | |
YoY Change | ||
Accrued Expenses | $37.44K | |
YoY Change | -25.12% | |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $253.8K | |
YoY Change | 413.95% | |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $0.00 | |
YoY Change | ||
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $0.00 | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $253.8K | |
Total Long-Term Liabilities | $0.00 | |
Total Liabilities | $253.8K | |
YoY Change | 407.56% | |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$21.71M | |
YoY Change | 15.05% | |
Common Stock | $33.25K | |
YoY Change | 0.27% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $3.896M | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $4.150M | |
YoY Change | -32.76% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$964.5K | |
YoY Change | 124.97% | |
Depreciation, Depletion And Amortization | ||
YoY Change | ||
Cash From Operating Activities | -$593.0K | |
YoY Change | 231.14% | |
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 | ||
YoY Change | ||
NET CHANGE | ||
Cash From Operating Activities | -$593.0K | |
Cash From Investing Activities | ||
Cash From Financing Activities | ||
Net Change In Cash | -$593.0K | |
YoY Change | 231.14% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$593.0K | |
Capital Expenditures | ||
Free Cash Flow | ||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2024Q3 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2024Q3 | dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | |
CY2024Q3 | dei |
Document Period End Date
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|
2024-09-30 | |
CY2024Q3 | dei |
Document Transition Report
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|
false | |
CY2024Q2 | us-gaap |
Accounts Payable Current
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|
5316 | usd |
CY2024Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
37442 | usd |
CY2024Q2 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
55784 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
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|
253775 | usd |
CY2024Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
61100 | usd |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
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|
0.001 | |
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Common Stock Value
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2025 | |
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Q1 | |
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Commitments And Contingencies
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Commitments And Contingencies
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Interest Paid Net
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Income Taxes Paid Net
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001-41447 | |
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Entity Registrant Name
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NeoVolta, Inc. | |
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Entity Incorporation State Country Code
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NV | |
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Entity Tax Identification Number
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82-5299263 | |
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Entity Address Address Line1
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13651 Danielson Street | |
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Entity Address Address Line2
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Suite A | |
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Poway | |
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CA | |
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Entity Address Postal Zip Code
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92064 | |
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City Area Code
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(800) | |
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Local Phone Number
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364-5464 | |
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Entity Current Reporting Status
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Yes | |
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Entity Interactive Data Current
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Yes | |
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Entity Filer Category
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Non-accelerated Filer | |
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Entity Emerging Growth Company
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Entity Ex Transition Period
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Entity Shell Company
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Cash And Cash Equivalents At Carrying Value
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Cash And Cash Equivalents At Carrying Value
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Accounts Receivable Net Current
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Accounts Receivable Net Current
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Inventory Net
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Inventory Net
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Prepaid Expense And Other Assets Current
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Prepaid Expense And Other Assets Current
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Assets Current
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Assets
Assets
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Assets
Assets
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Accounts Payable Current
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Common Stock Par Or Stated Value Per Share
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0.001 | |
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Common Stock Shares Authorized
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Common Stock Shares Authorized
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100000000 | shares |
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Common Stock Shares Issued
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Common Stock Shares Outstanding
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Common Stock Shares Issued
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Additional Paid In Capital
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Retained Earnings Accumulated Deficit
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Retained Earnings Accumulated Deficit
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Stockholders Equity
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Stockholders Equity
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Cost Of Goods And Services Sold
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Gross Profit
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|
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Gross Profit
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|
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General And Administrative Expense
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|
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General And Administrative Expense
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|
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Research And Development Expense
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Research And Development Expense
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Net Income Loss
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Weighted Average Number Of Shares Outstanding Basic
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|
33244061 | shares |
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Weighted Average Number Of Diluted Shares Outstanding
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|
33244061 | shares |
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Weighted Average Number Of Shares Outstanding Basic
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|
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Weighted Average Number Of Diluted Shares Outstanding
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|
33155127 | shares |
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Earnings Per Share Basic
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|
-0.03 | |
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Earnings Per Share Diluted
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|
-0.03 | |
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Earnings Per Share Basic
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|
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|
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Stockholders Equity
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|
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Net Income Loss
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Stockholders Equity
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Stockholders Equity
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Stock Issued During Period Value Share Based Compensation
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Net Income Loss
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Stockholders Equity
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Net Income Loss
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Net Income Loss
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Share Based Compensation
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Share Based Compensation
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Provision For Doubtful Accounts
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Provision For Doubtful Accounts
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|
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Increase Decrease In Accounts Receivable
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Increase Decrease In Accounts Receivable
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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Increase Decrease In Accounts Payable
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Increase Decrease In Accounts Payable
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Accrued Liabilities
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Net Cash Provided By Used In Operating Activities
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Net Cash Provided By Used In Operating Activities
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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2002789 | usd |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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393396 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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Cash Uninsured Amount
CashUninsuredAmount
|
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Inventory Gross
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|
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Inventory Valuation Reserves
InventoryValuationReserves
|
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Inventory Valuation Reserves
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Inventory Raw Materials
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Inventory Raw Materials
InventoryRawMaterials
|
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Inventory Work In Process
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|
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Inventory Work In Process
InventoryWorkInProcess
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89386 | usd |
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Inventory Finished Goods
InventoryFinishedGoods
|
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CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
621443 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
1767624 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
1787308 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1020000 | usd |
CY2024Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1030000 | usd |
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Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2693775 | shares |
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Use Of Estimates
UseOfEstimates
|
<p id="xdx_849_eus-gaap--UseOfEstimates_zDNsru8vHBx3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><i><span id="xdx_86B_zTy5twqYMe61">Use of Estimates</span></i> – Management has made a number of estimates and assumptions in preparing these financial statements in conformity with accounting principles generally accepted in the United States of America. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"> </p> | |
CY2024Q3 | us-gaap |
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|
5000000 | usd |
CY2024Q3 | us-gaap |
Line Of Credit Facility Interest Rate During Period
LineOfCreditFacilityInterestRateDuringPeriod
|
0.16 | pure |
CY2024Q3 | us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2026-09-03 | |
CY2024Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | usd |
CY2024Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
1179750 | shares |
CY2024Q3 | us-gaap |
Warrants And Rights Outstanding Maturity Date
WarrantsAndRightsOutstandingMaturityDate
|
2027-08-01 | |
CY2024Q3 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
265399 | usd |
CY2023Q3 | us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
84717 | usd |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |