2024 Q1 Form 10-K Financial Statement

#000165495424006563 Filed on May 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $3.666M $3.334M $14.37M
YoY Change 10.83% 0.14% -0.55%
Cost Of Revenue $2.547M $2.393M $8.837M
YoY Change 118.11% -21.35% -22.53%
Gross Profit $1.119M $941.1K $5.536M
YoY Change -47.7% 228.3% 81.76%
Gross Profit Margin 30.53% 28.23% 38.52%
Selling, General & Admin $577.3K -$15.56K $1.549M
YoY Change 11.27% -102.73% -28.55%
% of Gross Profit 51.58% -1.65% 27.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $212.1K -$260.5K $379.5K
YoY Change 5.37% -210.4% -59.75%
% of Gross Profit 18.95% -27.68% 6.86%
Operating Expenses $2.547M $245.5K $8.837M
YoY Change 118.11% -63.98% -22.53%
Operating Profit $432.2K $695.6K $3.440M
YoY Change -71.67% -276.16% 704.2%
Interest Expense $394.2K -$623.0K $1.744M
YoY Change 2.84% 11.52% 7.27%
% of Operating Profit 91.2% -89.56% 50.72%
Other Income/Expense, Net -$124.5K -$234.9K -$234.9K
YoY Change
Pretax Income -$86.48K -$162.3K $1.460M
YoY Change -107.57% -82.98% -221.84%
Income Tax $0.00 -$274.2K $0.00
% Of Pretax Income 0.0%
Net Earnings -$86.48K $111.9K $1.460M
YoY Change -109.96% -112.82% -238.28%
Net Earnings / Revenue -2.36% 3.36% 10.16%
Basic Earnings Per Share $0.00 $0.07
Diluted Earnings Per Share $0.00 $0.00 $0.06
COMMON SHARES
Basic Shares Outstanding 22.22M shares 22.22M shares 22.22M shares
Diluted Shares Outstanding 22.22M shares 23.60M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.165M $872.3K $872.3K
YoY Change 151.49% 11.05% 11.05%
Cash & Equivalents $1.165M $872.3K
Short-Term Investments
Other Short-Term Assets $280.7K $318.2K $318.2K
YoY Change -30.06% -25.1% -25.1%
Inventory $999.6K $965.8K $965.8K
Prepaid Expenses $280.7K $318.2K
Receivables $720.3K $1.169M $1.169M
Other Receivables $507.7K $507.7K $507.7K
Total Short-Term Assets $3.673M $3.834M $3.834M
YoY Change -12.18% 26.42% 26.42%
LONG-TERM ASSETS
Property, Plant & Equipment $4.242M $4.320M $9.250M
YoY Change -8.39% -8.35% -10.83%
Goodwill $278.5K $278.5K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $4.782M $4.778M $4.778M
YoY Change 18.26% 10.89% 10.89%
Total Long-Term Assets $14.33M $18.48M $14.65M
YoY Change -3.25% 20.7% -4.34%
TOTAL ASSETS
Total Short-Term Assets $3.673M $3.834M $3.834M
Total Long-Term Assets $14.33M $18.48M $14.65M
Total Assets $18.01M $18.48M $18.48M
YoY Change -5.22% 0.74% 0.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.089M $1.284M $1.284M
YoY Change 81.89% 97.39% 97.39%
Accrued Expenses $817.4K $799.2K $799.2K
YoY Change 2.28% 0.0% 0.0%
Deferred Revenue
YoY Change
Short-Term Debt $575.0K $0.00 $0.00
YoY Change
Long-Term Debt Due $7.029M $1.000M $1.000M
YoY Change 602.85% 15.38% 15.38%
Total Short-Term Liabilities $10.18M $3.624M $3.624M
YoY Change 324.33% 56.45% 56.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $6.709M $6.709M
YoY Change -100.0% -17.11% -17.11%
Other Long-Term Liabilities $5.724M $5.956M $5.956M
YoY Change -3.04% -1.82% -1.82%
Total Long-Term Liabilities $5.724M $12.66M $12.66M
YoY Change -58.7% -10.56% -10.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.18M $3.624M $3.624M
Total Long-Term Liabilities $5.724M $12.66M $12.66M
Total Liabilities $15.90M $16.29M $16.29M
YoY Change -2.2% -1.14% -1.14%
SHAREHOLDERS EQUITY
Retained Earnings -$22.74M -$22.65M
YoY Change 2.95% -1.32%
Common Stock $24.84M $24.84M
YoY Change 0.07% 0.08%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.107M $2.191M $2.191M
YoY Change
Total Liabilities & Shareholders Equity $18.01M $18.48M $18.48M
YoY Change -5.22% 0.74% 0.74%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$86.48K $111.9K $1.460M
YoY Change -109.96% -112.82% -238.28%
Depreciation, Depletion And Amortization $212.1K -$260.5K $379.5K
YoY Change 5.37% -210.4% -59.75%
Cash From Operating Activities $561.6K $508.6K $1.569M
YoY Change -392.13% 7558.89% 5202.02%
INVESTING ACTIVITIES
Capital Expenditures $18.83K $13.83K
YoY Change 41.21% -97.28%
Acquisitions
YoY Change
Other Investing Activities $13.83K $13.83K
YoY Change
Cash From Investing Activities -$18.83K $43.83K $13.83K
YoY Change 41.21% 22.12% -102.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$250.0K -245.6K -$1.496M
YoY Change 114.29%
NET CHANGE
Cash From Operating Activities $561.6K 508.6K $1.569M
Cash From Investing Activities -$18.83K 43.83K $13.83K
Cash From Financing Activities -$250.0K -245.6K -$1.496M
Net Change In Cash $292.7K 306.8K $86.81K
YoY Change -190.85% 621.42% -118.16%
FREE CASH FLOW
Cash From Operating Activities $561.6K $508.6K $1.569M
Capital Expenditures $18.83K $13.83K
Free Cash Flow $542.7K $1.555M
YoY Change -364.01% -425.26%

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CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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IncreaseDecreaseInInventories
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CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
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CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
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CY2022 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2023 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
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CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
29584 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1568551 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
507575 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13825 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-507575 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
13825 usd
CY2022 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
0 usd
CY2023 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1445563 usd
CY2022 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 usd
CY2023 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
50000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023 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 Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
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CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
86813 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1263513 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Use of Estimates:  The preparation of the consolidated financial statements in conformity with United States generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes.  Actual results could differ from those estimates.  In 2020, in light of the additional uncertainty created as a result of the COVID-19 pandemic, the Company decided to create a reserve for collectability on all long-term franchisee receivables. The Company will continue to pursue collection where circumstances are appropriate and all collections of these receivables in the future will result in additional income at the time received or otherwise secured. The Company evaluates its property and equipment and related costs periodically to assess whether any impairment indications are present, including recurring operating losses and significant adverse changes in legal factors or business climate that affect the recovery of recorded value.  If any impairment of an individual asset is evident, a loss would be provided to reduce the carrying value to its estimated fair value.    </p>
CY2023Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
373013 usd
CY2023 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
278000 usd
CY2023Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3400000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-1313996 usd
CY2022 nrom Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
22215512 shares
CY2022 nrom Stock Dilution Denominator
StockDilutionDenominator
47038 shares
CY2022 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
-1251496 usd
CY2022 nrom Weighted Average Number Of Common Shares Outstanding Diluted
WeightedAverageNumberOfCommonSharesOutstandingDiluted
23512550 shares
CY2023 us-gaap Net Income Loss
NetIncomeLoss
1460284 usd
CY2023 nrom Weighted Average Number Of Common Shares Outstanding Basic
WeightedAverageNumberOfCommonSharesOutstandingBasic
22215512 shares
CY2023 nrom Stock Dilution Denominator
StockDilutionDenominator
134341 shares
CY2023 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
1517784 usd
CY2023 nrom Weighted Average Number Of Common Shares Outstanding Diluted
WeightedAverageNumberOfCommonSharesOutstandingDiluted
23599853 shares
CY2023 nrom Discription Of First Established Under The Cares Act
DiscriptionOfFirstEstablishedUnderTheCaresAct
the tax credit was equal to 50% of the qualified wages an eligible employer paid to employees after March 12, 2020 and before January 1, 2021. The credit was also limited to a maximum annual per employee credit of $5,000. The credit was then extended through June 30, 2021 by the Tax Payer Certainty and Disaster Relief Act (“Relief Act”) (Division EE of the Consolidated Appropriations Act). The Relief Act modified the credit to be 70% of up to $10,000 of qualified wages per quarter in 2021 through June 30, 2021
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1718000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1718000 usd
CY2023 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
258000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
157861 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
178372 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
27086 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
33146 usd
CY2023Q4 nrom Equipment Inventory
EquipmentInventory
780872 usd
CY2022Q4 nrom Equipment Inventory
EquipmentInventory
786350 usd
CY2023Q4 us-gaap Other Inventory
OtherInventory
965819 usd
CY2022Q4 us-gaap Other Inventory
OtherInventory
997868 usd
CY2023 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
122000 usd
CY2023 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
218000 usd
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4386430 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4351558 usd
CY2023Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
3130430 usd
CY2022Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
3116030 usd
CY2023Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
0 usd
CY2022Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
63097 usd
CY2023Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
7516860 usd
CY2022Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
7530685 usd
CY2023Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
3196993 usd
CY2022Q4 us-gaap Accumulated Amortization Of Other Deferred Costs
AccumulatedAmortizationOfOtherDeferredCosts
2817477 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4319867 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4713208 usd
CY2023Q4 nrom Line Of Credit Principal
LineOfCreditPrincipal
7506704 usd
CY2023Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
373013 usd
CY2023Q4 us-gaap Line Of Credit
LineOfCredit
7133691 usd
CY2023 us-gaap Revenue Recognition Services Royalty Fees
RevenueRecognitionServicesRoyaltyFees
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>Note 7: Royalties and Fees</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Approximately $293,500 and $203,310 are included in 2022 and 2023, respectively, for amortized initial fees in the Consolidated Statements of Operations. Also included in royalties and fees were approximately $61,000 and $123,000 in 2022 and 2023, respectively, for equipment commissions. Most of the cost for the services required to be performed by the Company are incurred prior to the initial fee income being recorded which is based on contractual liability for the franchisee.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In conjunction with the development of Noble Roman’s Pizza and Tuscano’s Italian Style Subs, the Company has devised its own recipes for many of the ingredients that go into the making of its products (“Proprietary Products”). The Company contracts with various manufacturers to manufacture its Proprietary Products in accordance with the Company’s recipes and formulas and to sell those products to authorized distributors at a contract price which includes an allowance for use of the Company’s recipes. The manufacturing contracts also require the manufacturers to hold those allowances in trust and to remit those allowances to the Company on a periodic basis, usually monthly. The Company recognizes those allowances in revenue as earned based on sales reports from the distributors.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the 12-month period ended December 31, 2023 there were no company-operated or franchised Craft Pizza &amp; Pub restaurants opened or closed. During that period there were 61 new non-traditional outlets opened and six non-traditional outlets closed.</p>
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
4930014 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
799165 usd
CY2023Q4 us-gaap Lease Deposit Liability
LeaseDepositLiability
4378927 usd
CY2023Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5178092 usd
CY2023Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2766000 usd
CY2023Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1100000 usd
CY2023Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
5200000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
3400000 usd
CY2023 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
17700000 usd
CY2023 nrom Income Tax Description
IncomeTaxDescription
The net operating loss carry-forward would indicate a deferred asset of $4.4 million compared to the balance sheet amount of $3.4 million, therefore no income tax was recorded for 2023 as it was offset fully against net operating losses at a tax rate of 24%. No temporary differences were noted. In effect, we have a reserve in the deferred tax asset account of $1.0 million.
CY2023Q4 nrom Outstanding Principal Balance
OutstandingPrincipalBalance
575000 usd
CY2023Q4 nrom Convertible Note Common Stock Price Per Shares
ConvertibleNoteCommonStockPricePerShares
0.50
CY2023 nrom Warrants Purchase Shares
WarrantsPurchaseShares
625000 shares
CY2023Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.30
CY2022 nrom Warrants Purchase Shares
WarrantsPurchaseShares
100000 shares
CY2023 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
2250000 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2679001 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.20 pure
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.0168 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.0282 pure
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
4855167 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
520000 shares
CY2022 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
59000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
5316167 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
0 shares
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
0 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
2076167 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3240000 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1041500 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
520000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
327500 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
59000 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1175000 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
0 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
217833 shares
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
396168 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
560999 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
0.22
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
28168 usd
CY2022 nrom Tax Benefit
TaxBenefit
6873 usd
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
20390 usd
CY2023 nrom Tax Benefit
TaxBenefit
4894 usd
CY2023Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
9522 usd
CY2023 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P36M
CY2023Q4 nrom Aggregate Principal Amount Of Note Payable
AggregatePrincipalAmountOfNotePayable
50000 usd
CY2023Q4 nrom Warrant Purchase Shares
WarrantPurchaseShares
50000 shares
CY2023 us-gaap Repayments Of Subordinated Debt
RepaymentsOfSubordinatedDebt
20000 usd
CY2023 dei Auditor Location
AuditorLocation
Margate, Florida
CY2023 dei Auditor Firm
AuditorFirmId
5036
CY2023 dei Auditor Name
AuditorName
Assurance Dimensions

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