2022 Q3 Form 10-Q Financial Statement
#000149315222023625 Filed on August 19, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
Revenue | $4.702M | $7.346M | $3.720M |
YoY Change | 134.75% | 266.07% | 111.63% |
Cost Of Revenue | $4.282M | $6.547M | $3.174M |
YoY Change | 198.91% | 366.21% | 147.39% |
Gross Profit | $420.0K | $799.1K | $545.3K |
YoY Change | -26.38% | 32.65% | 14.92% |
Gross Profit Margin | 8.93% | 10.88% | 14.66% |
Selling, General & Admin | $4.189M | $4.292M | $1.922M |
YoY Change | 1941.41% | 564.01% | 288.98% |
% of Gross Profit | 997.5% | 537.15% | 352.45% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $59.38K | $59.19K | $59.19K |
YoY Change | 97.93% | 47.97% | 80.4% |
% of Gross Profit | 14.14% | 7.41% | 10.86% |
Operating Expenses | $4.189M | $4.292M | $1.922M |
YoY Change | 1941.41% | 564.01% | 288.99% |
Operating Profit | -$3.769M | -$3.493M | -$1.377M |
YoY Change | -1131.96% | 7836.62% | 6937.47% |
Interest Expense | -$31.12M | $450.00 | -$130.00 |
YoY Change | 311116.0% | -95.5% | -99.72% |
% of Operating Profit | |||
Other Income/Expense, Net | -$31.08M | $53.47K | $49.52K |
YoY Change | -6601.97% | 26.17% | 92.68% |
Pretax Income | -$34.85M | -$3.440M | -$1.327M |
YoY Change | -4232.76% | 210025.66% | 3189.07% |
Income Tax | $17.00K | -$190.0K | |
% Of Pretax Income | |||
Net Earnings | -$34.88M | -$3.364M | -$1.137M |
YoY Change | -5845.84% | 285749.53% | 3820.24% |
Net Earnings / Revenue | -741.89% | -45.8% | -30.57% |
Basic Earnings Per Share | -$1.17 | -$0.15 | -$101.00 |
Diluted Earnings Per Share | -$1.17 | -$154.2K | -$95.95K |
COMMON SHARES | |||
Basic Shares Outstanding | 31.26M shares | ||
Diluted Shares Outstanding | 29.95M shares | 436.3K shares | 10.00K shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.766M | $9.966M | $1.013M |
YoY Change | |||
Cash & Equivalents | $6.626M | $9.966M | $1.013M |
Short-Term Investments | $140.5K | ||
Other Short-Term Assets | $9.663M | $5.222M | $7.868M |
YoY Change | |||
Inventory | $66.91K | $150.1K | $82.64K |
Prepaid Expenses | |||
Receivables | $849.4K | $1.092M | $969.8K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $18.21M | $46.43M | $9.933M |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.688M | $942.0K | $955.2K |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.224M | $4.000M | $4.000M |
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $4.992M | $5.032M | $4.955M |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $18.21M | $46.43M | $9.933M |
Total Long-Term Assets | $4.992M | $5.032M | $4.955M |
Total Assets | $23.20M | $51.46M | $14.89M |
YoY Change | |||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.509M | $462.3K | $172.6K |
YoY Change | |||
Accrued Expenses | $580.6K | $1.898M | $89.15K |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | ||
YoY Change | |||
Total Short-Term Liabilities | $9.316M | $12.66M | $7.885M |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $7.748M | $25.53M | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $37.74K | $48.79K | $5.886M |
YoY Change | |||
Total Long-Term Liabilities | $7.786M | $25.58M | $5.886M |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.316M | $12.66M | $7.885M |
Total Long-Term Liabilities | $7.786M | $25.58M | $5.886M |
Total Liabilities | $17.18M | $38.33M | $13.60M |
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$36.96M | -$2.075M | |
YoY Change | |||
Common Stock | $31.68K | $21.82K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $6.330M | $13.48M | $1.290M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $23.20M | $51.46M | $14.89M |
YoY Change |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$34.88M | -$3.364M | -$1.137M |
YoY Change | -5845.84% | 285749.53% | 3820.24% |
Depreciation, Depletion And Amortization | $59.38K | $59.19K | $59.19K |
YoY Change | 97.93% | 47.97% | 80.4% |
Cash From Operating Activities | -$9.278M | -$4.342M | -$1.552M |
YoY Change | -1646.35% | 1450.81% | -4984.83% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$30.04K | -$46.00K | -$6.600K |
YoY Change | -560.0% | -63.8% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | -$30.04K | -$46.00K | -$6.600K |
YoY Change | -103.71% | 360.0% | -63.8% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -24.03M | 43.34M | 1.660M |
YoY Change | 2403.32% | 15379.02% | 3676.73% |
NET CHANGE | |||
Cash From Operating Activities | -9.278M | -4.342M | -1.552M |
Cash From Investing Activities | -30.04K | -46.00K | -6.600K |
Cash From Financing Activities | -24.03M | 43.34M | 1.660M |
Net Change In Cash | -33.34M | 38.95M | 101.7K |
YoY Change | -7508.88% | -389629.9% | 76.94% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$9.278M | -$4.342M | -$1.552M |
Capital Expenditures | -$30.04K | -$46.00K | -$6.600K |
Free Cash Flow | -$9.248M | -$4.296M | -$1.545M |
YoY Change | -1641.34% | 1381.47% | -3190.62% |
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|
-3493224 | usd |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-44014 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4869755 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-63575 | usd | |
CY2022Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
454 | usd |
CY2021Q2 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
13674 | usd |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
325 | usd | |
us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-32818 | usd | |
CY2021Q2 | TYDE |
Rental Incomes
RentalIncomes
|
28703 | usd |
TYDE |
Rental Incomes
RentalIncomes
|
54407 | usd | |
CY2022Q2 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
53013 | usd |
us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
102532 | usd | |
CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
53467 | usd |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
42377 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
102857 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
21589 | usd | |
CY2022Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3439757 | usd |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1637 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4766898 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-41986 | usd | |
CY2022Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
17000 | usd |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-460 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-172997 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11802 | usd | |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-3456757 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1177 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-4593901 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-30184 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-92308 | usd |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-219062 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3364449 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1177 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4374839 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-30184 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.15 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.20 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-3.02 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
21815166 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
10000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
21815166 | shares | |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
10000 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2171352 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-1137144 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1034208 | usd |
CY2022Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
12000000 | usd |
CY2022Q2 | TYDE |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
1000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
3905548 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
960000 | usd |
CY2022Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
609000 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-3456757 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
13132999 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2271431 | usd |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-29007 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2242424 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1177 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2241247 | usd |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-4593901 | usd | |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-30184 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
118384 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
65624 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
609000 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
46705 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
271226 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
280731 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
39425 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-13091 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1859439 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-5822 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
291175 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-9883 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-3914330 | usd | |
us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
-10386 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-5894179 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-246647 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
52599 | usd | |
us-gaap |
Payments For Proceeds From Productive Assets
PaymentsForProceedsFromProductiveAssets
|
33133 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-52599 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-33133 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12001000 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
30000000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
3028154 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
699001 | usd | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
367976 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
27644 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
7341 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
45001510 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
323684 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
39054732 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
43904 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
911194 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
176759 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
39965926 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
220663 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
203 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
32818 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
147000 | usd | |
TYDE |
Right Of Use Assets
RightOfUseAssets
|
98736 | usd | |
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
98736 | usd |
TYDE |
Warrants Issued
WarrantsIssued
|
3905458 | usd | |
TYDE |
Original Issue Discount
OriginalIssueDiscount
|
3333333 | usd | |
TYDE |
Accrued Placement Agent Fees For Equity Placement
AccruedPlacementAgentFeesForEquityPlacement
|
960000 | usd | |
TYDE |
Accrued Placement Agent Fees For Debt Placement
AccruedPlacementAgentFeesForDebtPlacement
|
560000 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
18805 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zRx4fsBmXn26" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_869_zlkttdImPvCh">Use of Estimates</span>. </i>The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. The Company’s significant estimates used in these condensed consolidated financial statements include, but are not limited to, revenue recognition and the determination of the economic useful life of depreciable property and equipment. Certain of the Company’s estimates could be affected by external conditions, including those unique to the Company and general economic conditions. It is reasonably possible that these external factors could have an effect on the Company’s estimates and could cause actual results to differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
17960189 | shares | |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
46705 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | usd | |
us-gaap |
Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
|
0 | usd | |
CY2022Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
161262 | usd |
CY2021Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
7081693 | usd |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_845_eus-gaap--ConcentrationRiskCreditRisk_zsw8v5uCADD7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_868_zuKtwCtKdlJ9">Concentration of Credit Risks</span>. </i>Financial instruments that potentially subject the Company to concentrations of credit risk are cash equivalents, accounts receivable and revenues. Cash and cash equivalents are invested in deposits with certain financial institutions and may, at times, exceed federally insured limits. The Company has not experienced any significant losses on its deposits of cash and cash equivalents.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Leases. </i>In February 2016, the FASB issued Accounting Standards Update (“ASU”) 2016-02, <i>Leases</i> (Topic 842). This ASU requires a lessee to recognize a right-of-use asset and a lease liability under most operating leases in its balance sheet. The ASU is effective for annual and interim periods beginning after December 15, 2021. Early adoption is permitted. The Company has adopted ASU 2016-02 as of January 1, 2022. The adoption of the standard did not have a material impact on the balance sheet. As of April 26, 2022, the date the Company assumed the lease (Note 14), the operating lease right of use asset and operating lease liability amounted to $<span id="xdx_906_eus-gaap--OperatingLeaseLiability_iI_pp0p0_c20220426_zxlSOf5tCCje">98,736 </span></span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">with no cumulative-effect adjustment.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> | ||
CY2022Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
98736 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
1138253 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
867027 | usd |
CY2022Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
46705 | usd |
CY2022Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
1091548 | usd |
CY2021Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
867027 | usd |
CY2022Q2 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
24636 | usd |
CY2021Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
13366 | usd |
CY2022Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
125453 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
97298 | usd |
CY2022Q2 | us-gaap |
Inventory Net
InventoryNet
|
150089 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
110664 | usd |
CY2022Q2 | us-gaap |
Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
|
152000 | usd |
CY2022Q2 | TYDE |
Accrued Placement Agent Fees Current
AccruedPlacementAgentFeesCurrent
|
1520000 | usd |
CY2022Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
21674 | usd |
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
7551 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
4931700 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
|
7007531 | usd |
CY2022Q2 | TYDE |
Vendor Deposits
VendorDeposits
|
4937 | usd |
CY2021Q4 | TYDE |
Vendor Deposits
VendorDeposits
|
6999955 | usd |
CY2022Q2 | TYDE |
Prepaid Software Deposit
PrepaidSoftwareDeposit
|
242200 | usd |
CY2022Q2 | TYDE |
Other Current Assets
OtherCurrentAssets
|
42399 | usd |
CY2021Q4 | TYDE |
Other Current Assets
OtherCurrentAssets
|
81738 | usd |
CY2022Q2 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
5222254 | usd |
CY2022Q2 | TYDE |
Loans Held For Investment Non Current
LoansHeldForInvestmentNonCurrent
|
4000000 | usd |
CY2021Q4 | TYDE |
Loans Held For Investment Non Current
LoansHeldForInvestmentNonCurrent
|
4000000 | usd |
CY2022Q2 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
7226700 | usd |
CY2021Q4 | us-gaap |
Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
|
4198546 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6250745 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
6198156 | usd |
CY2022Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5308769 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
5190386 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
941985 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1007770 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
118384 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
65624 | usd | |
CY2022Q2 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
3076764 | usd |
CY2021Q4 | us-gaap |
Deposit Liability Current
DepositLiabilityCurrent
|
6999980 | usd |
CY2021Q4 | us-gaap |
Notes Payable
NotesPayable
|
27644 | usd |
CY2021Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
15530 | usd |
CY2021Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
12114 | usd |
CY2022Q2 | TYDE |
Convertible Notes Payable Gross
ConvertibleNotesPayableGross
|
33333333 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
7798881 | usd |
CY2022Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
25534452 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-172997 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-11802 | usd | |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
21815166 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
21815166 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
10000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
10000 | shares |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
|
10220193 | shares |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.001 | |
CY2022Q2 | us-gaap |
Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
|
0.045 | pure |
us-gaap |
Payments For Rent
PaymentsForRent
|
63700 | usd | |
us-gaap |
Payments For Rent
PaymentsForRent
|
53400 | usd |