2022 Q4 Form 10-Q Financial Statement
#000149315222032905 Filed on November 18, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
Revenue | $2.250M | $3.016M | $2.917M |
YoY Change | -25.38% | 3.41% | -12.15% |
Cost Of Revenue | $1.414M | $1.878M | $1.517M |
YoY Change | -88.32% | 23.82% | -84.69% |
Gross Profit | $835.8K | $1.138M | $1.400M |
YoY Change | -109.19% | -18.71% | -121.24% |
Gross Profit Margin | 37.15% | 37.72% | 47.99% |
Selling, General & Admin | $1.857M | $2.092M | $2.441M |
YoY Change | -26.13% | -14.31% | 47.93% |
% of Gross Profit | 222.19% | 183.85% | 174.41% |
Research & Development | $590.00 | $660.00 | $105.5K |
YoY Change | 1375.0% | -99.37% | |
% of Gross Profit | 0.07% | 0.06% | 7.54% |
Depreciation & Amortization | $26.18K | $19.95K | $23.53K |
YoY Change | 12.65% | -15.22% | 135.3% |
% of Gross Profit | 3.13% | 1.75% | 1.68% |
Operating Expenses | $1.858M | $2.092M | $2.546M |
YoY Change | -26.11% | -17.85% | 54.33% |
Operating Profit | -$1.022M | -$954.0K | -$1.147M |
YoY Change | -91.19% | -16.82% | -86.08% |
Interest Expense | -$50.77K | -$759.1K | -$82.26K |
YoY Change | -450.38% | 822.78% | 64.52% |
% of Operating Profit | |||
Other Income/Expense, Net | $470.00 | -$759.0K | |
YoY Change | -99.6% | ||
Pretax Income | -$8.771M | -$1.713M | -$1.229M |
YoY Change | -23.55% | 39.37% | -85.19% |
Income Tax | $2.400K | $167.5K | |
% Of Pretax Income | |||
Net Earnings | -$8.799M | -$1.713M | -$1.397M |
YoY Change | -23.2% | 22.65% | -82.93% |
Net Earnings / Revenue | -391.11% | -56.79% | -47.89% |
Basic Earnings Per Share | -$0.25 | -$0.22 | |
Diluted Earnings Per Share | -$1.24 | -$247.1K | -$218.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 6.950M shares | 6.882M shares | 6.399M shares |
Diluted Shares Outstanding | 1.387M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.374M | $3.170M | $7.879M |
YoY Change | -78.1% | -59.76% | -15.73% |
Cash & Equivalents | $1.374M | $3.170M | $7.879M |
Short-Term Investments | |||
Other Short-Term Assets | $1.526M | $352.2K | $863.8K |
YoY Change | 37.01% | -59.23% | 57.05% |
Inventory | $4.933M | $12.76M | $27.78M |
Prepaid Expenses | $1.505M | $309.4K | |
Receivables | $288.5K | $389.9K | $185.4K |
Other Receivables | $79.18K | $30.25K | $657.2K |
Total Short-Term Assets | $8.200M | $16.70M | $37.36M |
YoY Change | -67.93% | -55.29% | -36.75% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $368.6K | $383.4K | $2.464M |
YoY Change | -27.82% | -84.44% | -17.32% |
Goodwill | $218.6K | $218.6K | |
YoY Change | 0.0% | ||
Intangibles | $13.84K | ||
YoY Change | -27.96% | ||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $71.15K | $69.73K | $72.57K |
YoY Change | -2.06% | -3.91% | -61.81% |
Total Long-Term Assets | $3.333M | $3.392M | $2.755M |
YoY Change | -15.84% | 23.13% | -18.73% |
TOTAL ASSETS | |||
Total Short-Term Assets | $8.200M | $16.70M | $37.36M |
Total Long-Term Assets | $3.333M | $3.392M | $2.755M |
Total Assets | $11.53M | $20.10M | $40.12M |
YoY Change | -60.94% | -49.91% | -35.77% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $321.3K | $928.5K | $716.5K |
YoY Change | -10.35% | 29.58% | 19.42% |
Accrued Expenses | $1.064M | $955.9K | $959.7K |
YoY Change | 15.58% | -0.4% | 18.49% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.643M | $2.211M | $2.348M |
YoY Change | -9.46% | -5.84% | 7.73% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $150.0K | $150.0K | $150.0K |
YoY Change | 0.0% | 0.0% | 0.0% |
Other Long-Term Liabilities | $3.129M | $3.294M | $2.883M |
YoY Change | -24.07% | 14.26% | -18.78% |
Total Long-Term Liabilities | $3.279M | $3.444M | $3.033M |
YoY Change | -23.23% | 13.55% | -18.02% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.643M | $2.211M | $2.348M |
Total Long-Term Liabilities | $3.279M | $3.444M | $3.033M |
Total Liabilities | $4.922M | $5.656M | $5.382M |
YoY Change | -19.12% | 5.09% | -8.47% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$36.71M | -$27.91M | |
YoY Change | 87.23% | ||
Common Stock | $7.199K | $43.15M | |
YoY Change | -99.98% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.612M | $14.44M | $34.74M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $11.53M | $20.10M | $40.12M |
YoY Change | -60.94% | -49.91% | -35.77% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2021 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$8.799M | -$1.713M | -$1.397M |
YoY Change | -23.2% | 22.65% | -82.93% |
Depreciation, Depletion And Amortization | $26.18K | $19.95K | $23.53K |
YoY Change | 12.65% | -15.22% | 135.3% |
Cash From Operating Activities | -$1.914M | -$2.132M | -$1.515M |
YoY Change | 15.79% | 40.75% | -7672.8% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $3.000K | -$4.280K | -$2.210K |
YoY Change | 782.35% | 93.67% | -99.39% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$3.000K | -$4.280K | $1.218M |
YoY Change | -982.35% | -100.35% | -438.34% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | 2.761M |
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -1.914M | -2.132M | -1.515M |
Cash From Investing Activities | -3.000K | -4.280K | 1.218M |
Cash From Financing Activities | 0.000 | 0.000 | 2.761M |
Net Change In Cash | -1.917M | -2.136M | 2.464M |
YoY Change | 16.0% | -186.67% | -824.83% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.914M | -$2.132M | -$1.515M |
Capital Expenditures | $3.000K | -$4.280K | -$2.210K |
Free Cash Flow | -$1.917M | -$2.127M | -$1.512M |
YoY Change | 15.95% | 40.67% | -497.99% |
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SellingExpense
|
2970745 | usd | |
CY2022Q3 | us-gaap |
Selling Expense
SellingExpense
|
643206 | usd |
CY2021Q3 | us-gaap |
Selling Expense
SellingExpense
|
1323903 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4401272 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3993521 | usd | |
CY2022Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1448535 | usd |
CY2021Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1222478 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
6583022 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
6964266 | usd | |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
2091741 | usd |
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
2546381 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-7465128 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8191548 | usd | |
CY2022Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-953998 | usd |
CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1146842 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
84 | usd | |
CY2022Q3 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
84 | usd |
us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
-36549 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-644525 | usd | |
us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
32657 | usd | |
CY2022Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-708169 | usd |
CY2021Q3 | us-gaap |
Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
|
-1771 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-8220 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-5844 | usd | |
CY2022Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-2261 | usd |
CY2021Q3 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-31755 | usd |
NVFY |
Financial Expenses
FinancialExpenses
|
148208 | usd | |
NVFY |
Financial Expenses
FinancialExpenses
|
160368 | usd | |
CY2022Q3 | NVFY |
Financial Expenses
FinancialExpenses
|
48648 | usd |
CY2021Q3 | NVFY |
Financial Expenses
FinancialExpenses
|
48732 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-837418 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-133555 | usd | |
CY2022Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-758994 | usd |
CY2021Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-82258 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8302546 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-8325103 | usd | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1712992 | usd |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1229100 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
180593 | usd | |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
167532 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8302546 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
62110 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1712992 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1396632 | usd |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-994394 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-484738 | usd | |
CY2022Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-699802 | usd |
CY2021Q3 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-91974 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-9296940 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8990434 | usd | |
CY2022Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2412794 | usd |
CY2021Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1488606 | usd |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6885213 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5870632 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6932931 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6399158 | shares |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.21 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.45 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.25 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16874002 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
3300 | usd |
CY2022Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
169620 | usd |
CY2022Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-893312 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14440618 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
33452387 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
2970 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
9900 | usd |
CY2021Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2760973 | usd |
CY2021Q3 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-91974 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1396632 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34737624 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
23444188 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
9900 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
476980 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-1187904 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8302546 | usd | |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
14440618 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
40928475 | usd |
us-gaap |
Stock Issued During Period Value Share Based Compensation Gross
StockIssuedDuringPeriodValueShareBasedCompensationGross
|
8910 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
29700 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
2760973 | usd | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-484738 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8505696 | usd | |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34737624 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8302546 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8505696 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
62055 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
632766 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
380178 | usd | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-36549 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
5169347 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
5526307 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
486880 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
38610 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2376 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-3328 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
295163 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-332870 | usd | |
us-gaap |
Increase Decrease In Materials And Supplies
IncreaseDecreaseInMaterialsAndSupplies
|
-664462 | usd | |
us-gaap |
Increase Decrease In Materials And Supplies
IncreaseDecreaseInMaterialsAndSupplies
|
-56440 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
1706482 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
491056 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-175225 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
387526 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-632766 | usd | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-348917 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
570090 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-27270 | usd | |
NVFY |
Increase Decrease In Advance From Customers
IncreaseDecreaseInAdvanceFromCustomers
|
-215869 | usd | |
NVFY |
Increase Decrease In Advance From Customers
IncreaseDecreaseInAdvanceFromCustomers
|
137243 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-12731 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
171218 | usd | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-87807 | usd | |
us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
-70473 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3453559 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3129345 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5771 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
155156 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5771 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-155156 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2760973 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2760973 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
353326 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-342380 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3106004 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-865908 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
6276106 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
8744784 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3170102 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
7878876 | usd |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
247898 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
251067 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
9016 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
4801 | usd | |
CY2020Q1 | us-gaap |
Proceeds From Sales Of Business Affiliate And Productive Assets
ProceedsFromSalesOfBusinessAffiliateAndProductiveAssets
|
2500000 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_844_eus-gaap--UseOfEstimates_zlSYc1y7IK04" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><b><i><span id="xdx_863_z5apH3i1zgO7">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 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-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">In preparing consolidated financial statements in conformity with U.S. GAAP, management makes estimates and assumptions that affect the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities as of the dates of the consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting period. Significant estimates and assumptions made by management include, but are not limited to, revenue recognition, the allowance for bad debt, valuation of inventories, the valuation of stock-based compensation, income taxes and unrecognized tax benefits, valuation allowance for deferred tax assets, assumptions used in assessing impairment of long-lived assets and goodwill, and loss contingencies. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 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-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The COVID-19 pandemic has created and may continue to create significant uncertainty in macroeconomic conditions, which may cause further business slowdowns or shutdowns, supply chain disruption, depress demand for the Company’s products, and adversely impact its results of operations. During the nine months ended September 30, 2022, the Company continued to face increasing uncertainties around its estimates of revenue collectability, accounts receivable credit losses and valuation of inventories. The Company expects uncertainties around its key accounting estimates to continue to evolve depending on the duration and degree of impact associated with the COVID-19 pandemic. Its estimates may change as new events occur and additional information emerges, and such changes <span style="background-color: white">will be</span> recognized or disclosed in its unaudited condensed consolidated financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1044 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2376 | usd | |
CY2022Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
3420 | usd |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2376 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-3328 | usd | |
CY2022Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1316 | usd |
CY2021Q3 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
262 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
180593 | usd | |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd | |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd | |
CY2022Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
CY2021Q3 | us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
0 | usd |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
10328 | usd | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
110251 | usd | |
CY2022Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
660 | usd |
CY2021Q3 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
105460 | usd |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
167532 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
|
26700000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
DeferredTaxLiabilityNotRecognizedAmountOfUnrecognizedDeferredTaxLiabilityUndistributedEarningsOfForeignSubsidiaries
|
26700000 | usd |
CY2022Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
0 | usd |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
900 | usd |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
|
900 | usd |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
935 | usd |
CY2022Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
CY2021Q4 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
|
0 | usd |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | usd | |
us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
21 | usd | |
CY2022Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
0 | usd |
CY2021Q3 | us-gaap |
Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
|
7 | usd |
us-gaap |
Advertising Expense
AdvertisingExpense
|
857548 | usd | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
1122959 | usd | |
CY2022Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
237875 | usd |
CY2021Q3 | us-gaap |
Advertising Expense
AdvertisingExpense
|
299012 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8302546 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-8505696 | usd | |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1712992 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1396632 | usd |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6885213 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5870632 | shares | |
CY2022Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6932931 | shares |
CY2021Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
6399158 | shares |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.21 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-1.45 | ||
CY2022Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.25 | |
CY2021Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.22 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Number Of Shares Period Increase Decrease
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNumberOfSharesPeriodIncreaseDecrease
|
56779 | shares | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Number Of Shares Period Increase Decrease
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNumberOfSharesPeriodIncreaseDecrease
|
44279 | shares | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_84A_eus-gaap--ConcentrationRiskCreditRisk_z4h7HWbLTTcd" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"><b><i><span id="xdx_868_zTCMX3yxFrQj">Concentration of Credit Risk</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 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-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">Financial instruments that potentially subject the Company to credit risk consist primarily of accounts and other receivables. The Company does not require collateral or other security to support these receivables. The Company conducts periodic reviews of the financial condition and payment practices of its customers to minimize collection risk on accounts receivable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 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-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">No customer accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_zax36y0grV58"><span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_zecbxZQjgH2d">10</span></span>% or more of the Company’s sales for the nine and three months ended September 30, 2022. No customer accounted for <span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_zynCxk8G0Tx4"><span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210701__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_zBnBTsaIBr5h">10</span></span>% of the Company’s sales for the nine months ended September 30, 2021, while one customer accounted for <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zz8ltEUcK183" title="Concentration risk percentage">15</span>% of the Company’s sales for the three months ended September 30, 2021. Two customers accounted for <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--TwoCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zYjDOcvFCJvg" title="Concentration risk percentage">64</span>% and<span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_z2WpOdOvvmIf" title="Concentration risk percentage"> 13</span>%, respectively, of the Company’s gross accounts receivable as of September 30, 2022. Four customers accounted for <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--OneCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zs1RbsnWoOe" title="Concentration risk percentage">22</span>%, <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--TwoCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zd6kzqOJxUPi" title="Concentration risk percentage">19</span>%, <span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--ThreeCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_zdbZmNCyg92e" title="Concentration risk percentage">14</span>% and <span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--FourCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember_znajiyQgIyI2" title="Concentration risk percentage">14</span>%, respectively, of the Company’s gross accounts receivable as of December 31, 2021.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 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-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The Company purchased its products from two and three major vendors during the nine months ended September 30, 2022 and 2021, respectively, accounting for a total of <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--TwoVendorsMember_zymAkmYFgqu6" title="Concentration risk percentage">45</span>% for 2022 (<span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember_zMkB73e0jRr6" title="Concentration risk percentage">23</span>%, and <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorTwoMember_zuRekAQTQw4i" title="Concentration risk percentage">22</span>%) and <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeVendorsMember_zLbPNlJBVKT1" title="Concentration risk percentage">56</span>% for 2021 (<span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember_za9GMNpeYu9b" title="Concentration risk percentage">25</span>%, <span id="xdx_909_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorTwoMember_zEzUAj0SBXJk" title="Concentration risk percentage">18</span>%, and <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210101__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorThreeMember_zGdTUi7hEObe" title="Concentration risk percentage">13</span>%) of the Company’s purchases. </span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company purchased its products from three major vendors during the three months ended September 30, 2022 and 2021, accounting for a total of <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeVendorsMember_zq21Eyl0SYu3">62</span>% for 2022 (<span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember_zpTepMXl5Lv9">25</span>%,<span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorTwoMember_zPEEiQDbT59l" title="Concentration risk percentage"> 25</span>% and <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorThreeMember_zq4hPMLlwVn7" title="Concentration risk percentage">12</span>%) and <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20210701__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--ThreeVendorsMember_zrb3zLdWdNg5">56</span>% for 2021 (<span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210701__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember_zRp6XDddwatb" title="Concentration risk percentage">21</span>%, <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210701__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorTwoMember_zUYEDZcXbRw" title="Concentration risk percentage">18</span>% and <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20210701__20210930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorThreeMember_zK9F0aXgGvD6" title="Concentration risk percentage">17</span>%) of the Company’s purchases.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Advances made to these vendors were $<span id="xdx_90F_ecustom--AdvancesToSuppliers_iI_c20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember_zY12bBPCuz45" title="Advances made to suppliers">8,899 </span>and $<span id="xdx_900_ecustom--AdvancesToSuppliers_iI_c20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember_zDae1b5sVir3">307,718</span> as of September 30, 2022 and December 31, 2021, respectively. Accounts payable to these vendors were $<span id="xdx_907_eus-gaap--AccountsPayableCurrentAndNoncurrent_iI_pp0p0_c20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember_zY9TAWXilVm6" title="Accounts payable to suppliers">219,097</span> and $<span id="xdx_903_eus-gaap--AccountsPayableCurrentAndNoncurrent_iI_pp0p0_c20211231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--CostOfGoodsTotalMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember_zHg6dmPoQ8Gi" title="Accounts payable to suppliers">125,636</span> as of September 30, 2022 and December 31, 2021, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2022Q3 | us-gaap |
Depreciation
Depreciation
|
19949 | usd |
CY2021Q3 | us-gaap |
Depreciation
Depreciation
|
23529 | usd |
CY2022Q3 | us-gaap |
Inventory Net
InventoryNet
|
12760772 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
17656175 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
5169347 | usd | |
CY2022Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
50293 | usd |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
5526307 | usd | |
CY2021Q3 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
0 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
879616 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
961198 | usd |
CY2022Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
496208 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
450518 | usd |
CY2022Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
383408 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
510680 | usd |
us-gaap |
Depreciation
Depreciation
|
62110 | usd | |
us-gaap |
Depreciation
Depreciation
|
62055 | usd | |
CY2022Q3 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
42802 | usd |
CY2021Q4 | us-gaap |
Advances On Inventory Purchases
AdvancesOnInventoryPurchases
|
707264 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
309359 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
406366 | usd |
CY2022Q3 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
30245 | usd |
CY2021Q4 | us-gaap |
Other Receivables Net Current
OtherReceivablesNetCurrent
|
120634 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
339604 | usd |
CY2021Q4 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
527000 | usd |
CY2022Q3 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
6493 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
6893 | usd |
CY2022Q3 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
6442 | usd |
CY2021Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
6231 | usd |
CY2022Q3 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
141945 | usd |
CY2021Q4 | us-gaap |
Accrued Insurance Current
AccruedInsuranceCurrent
|
134173 | usd |
CY2022Q3 | NVFY |
Accrued Auditing
AccruedAuditing
|
20000 | usd |
CY2022Q3 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
85221 | usd |
CY2021Q4 | us-gaap |
Accrued Sales Commission Current
AccruedSalesCommissionCurrent
|
66507 | usd |
CY2022Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
102255 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
112875 | usd |
CY2022Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
362356 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
326679 | usd |
CY2020Q2 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
139802 | usd |
CY2020Q2 | us-gaap |
Debt Instrument Description
DebtInstrumentDescription
|
The loans and accrued interest are forgivable after eight weeks as long as the borrower uses the loan proceeds for eligible purposes, including payroll, benefits, rent and utilities, and maintains its payroll levels. The amount of loan forgiveness will be reduced if the borrower terminates employees or reduces salaries during the eight-week period. On June 5, 2020, Congress passed a new law that allowed current PPP borrowers to choose to extend the eight-week period to 24 weeks to use the funds, but which cannot be extended beyond December 31, 2020. | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
603764 | usd | |
CY2022Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
213477 | usd |
CY2021Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
203388 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
210874 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
807868 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
754510 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
701142 | usd |
CY2022Q3 | NVFY |
Lessee Operating Lease Liability Payments Due After Year Three
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearThree
|
598820 | usd |
CY2022Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
3073214 | usd |
us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
632766 | usd | |
us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
210922 | usd | |
CY2018Q4 | us-gaap |
Loss Contingency Allegations
LossContingencyAllegations
|
On December 28, 2018, a federal putative class action complaint was filed by George Barney against the Company and its former and current CEOs and CFOs (Thanh H. Lam, Ya Ming Wong, Jeffery Chuang and Yuen Ching Ho) in the United States District Court for the Central District of California, claiming the Company violated federal securities laws and pursuing remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 (the “Barney Action”). Richard Deutner and ITENT EDV were subsequently appointed as lead plaintiffs and, on June 18, 2019, filed an Amended Complaint | |
CY2018Q4 | us-gaap |
Loss Contingency Actions Taken By Plaintiff
LossContingencyActionsTakenByPlaintiff
|
Plaintiffs seek to represent a class of entities acquiring Nova’s stock from December 3, 2015 through December 20, 2018. They claim that during this period the Company: (1) overstated its purported strategic alliance with a customer in China to operate as lead designer and manufacturer for all furnishings in its planned $460 million senior care center in China; and (2) inflated sales in 2016 and 2017 by recognizing significant sales to two allegedly non-existent customers. | |
CY2022Q1 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
750000 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
340500 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.97 | |
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
|
P1Y3M25D | ||
CY2021Q4 | us-gaap |
Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Exercisable Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfExercisableOptions
|
340500 | shares |
CY2021Q4 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
5.97 | |
us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P1Y3M25D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
206500 | shares | |
us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
|
6.87 | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
134000 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
4.58 | |
NVFY |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm
|
P1Y6M29D | ||
CY2022Q3 | NVFY |
Share Based Compensation Arrangement By Share Based Payment Awards Option Vested And Expected To Vest Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardsOptionVestedAndExpectedToVestExercisable
|
134000 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1225959 | shares |
CY2021Q4 | NVFY |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
|
3.50 | |
NVFY |
Share Based Weighted Average Remaining Contractual Term Outstanding
ShareBasedWeightedAverageRemainingContractualTermOutstanding
|
P5Y7D | ||
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1225959 | shares |
CY2022Q3 | NVFY |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
|
3.50 | |
NVFY |
Share Based Weighted Average Remaining Contractual Term Outstanding1
ShareBasedWeightedAverageRemainingContractualTermOutstanding1
|
P4Y3M7D | ||
NVFY |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable1
|
1225959 | shares | |
NVFY |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableWeightedAverageExercisePrice
|
3.50 | ||
NVFY |
Share Based Weighted Average Remaining Contractual Term Exercisable
ShareBasedWeightedAverageRemainingContractualTermExercisable
|
P4Y3M7D | ||
CY2022Q3 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Exercise Price1
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageExercisePrice1
|
5.97 | |
NVFY |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm
|
P0Y9M25D | ||
CY2022Q3 | NVFY |
Intrinsic Value Off Stock Options
IntrinsicValueOffStockOptions
|
0.74 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
0 | usd |
CY2022Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
0 | usd |
us-gaap |
Revenues
Revenues
|
10495097 | usd | |
us-gaap |
Revenues
Revenues
|
9798154 | usd | |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
3016104 | usd |
CY2021Q3 | us-gaap |
Revenues
Revenues
|
2916571 | usd |
CY2022Q3 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
3103846 | usd |
CY2021Q4 | us-gaap |
Noncurrent Assets
NoncurrentAssets
|
3669414 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
640430 | usd |