2022 Q4 Form 10-K Financial Statement
#000168316822007161 Filed on October 31, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2022 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | $354.2K | $1.317M | |
YoY Change | 9.83% | -19.33% | |
% of Gross Profit | |||
Depreciation & Amortization | $414.00 | ||
YoY Change | -25.0% | ||
% of Gross Profit | |||
Operating Expenses | $354.2K | $1.317M | |
YoY Change | 9.83% | -19.33% | |
Operating Profit | -$2.078M | -$8.107M | |
YoY Change | 45.36% | -48.89% | |
Interest Expense | $71.30K | $836.3K | |
YoY Change | -67.12% | -22.02% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$474.00 | $49.01K | |
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$2.150M | -$8.444M | |
YoY Change | 30.57% | -49.98% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | -$0.03 | -$0.09 | |
Diluted Earnings Per Share | -$0.03 | -$0.09 | |
COMMON SHARES | |||
Basic Shares Outstanding | 71.99M shares | 89.00M shares | |
Diluted Shares Outstanding | 80.89M shares | 89.00M shares |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $50.50K | $72.53K | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $817.2K | $526.4K | |
YoY Change | -13.72% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $0.00 | ||
YoY Change | -100.0% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $50.54K | $43.26K | |
YoY Change | 10349.28% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $817.2K | $526.4K | |
Total Long-Term Assets | $50.54K | $43.26K | |
Total Assets | $867.7K | $569.7K | |
YoY Change | -6.69% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.374M | $1.550M | |
YoY Change | 26.52% | ||
Accrued Expenses | $13.75K | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $6.252M | $5.213M | |
YoY Change | 54.34% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.252M | $5.213M | |
Total Long-Term Liabilities | |||
Total Liabilities | |||
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$56.33M | -$54.18M | |
YoY Change | 18.46% | ||
Common Stock | $72.00K | $77.86K | |
YoY Change | -10.7% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$5.384M | -$4.644M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $867.7K | $569.7K | |
YoY Change | -6.69% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.150M | -$8.444M | |
YoY Change | 30.57% | -49.98% | |
Depreciation, Depletion And Amortization | $414.00 | ||
YoY Change | -25.0% | ||
Cash From Operating Activities | -$284.7K | -$3.176M | |
YoY Change | -75.57% | -7.23% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $8.038K | ||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$8.038K | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $270.7K | $2.737M | |
YoY Change | -74.93% | -30.12% | |
NET CHANGE | |||
Cash From Operating Activities | -$284.7K | -$3.176M | |
Cash From Investing Activities | -$8.038K | ||
Cash From Financing Activities | $270.7K | $2.737M | |
Net Change In Cash | -$22.04K | -$438.8K | |
YoY Change | -74.21% | -188.9% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$284.7K | -$3.176M | |
Capital Expenditures | $8.038K | ||
Free Cash Flow | -$292.7K | ||
YoY Change | -74.88% |
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|
1000396 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
107269 | usd |
CY2022 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
77712 | usd |
CY2021 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
53959 | usd |
CY2022 | ODYY |
Increase Decrease In Asset Purchase Liability
IncreaseDecreaseInAssetPurchaseLiability
|
0 | usd |
CY2021 | ODYY |
Increase Decrease In Asset Purchase Liability
IncreaseDecreaseInAssetPurchaseLiability
|
1125026 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3175783 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-3423111 | usd |
CY2022 | ODYY |
Intellectual Property
IntellectualProperty
|
45220 | usd |
CY2021 | ODYY |
Intellectual Property
IntellectualProperty
|
-0 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
375000 | usd |
CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1565000 | usd |
CY2022 | ODYY |
Financing Closing Costs Paid
FinancingClosingCostsPaid
|
-0 | usd |
CY2021 | ODYY |
Financing Closing Costs Paid
FinancingClosingCostsPaid
|
169000 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
415232 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
2469222 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
2935975 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2736953 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3916743 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-484050 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
493632 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
556584 | usd |
CY2020Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
62952 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72534 | usd |
CY2021Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
556584 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
954 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
34345 | usd |
CY2022 | ODYY |
Common Stock Issued For Conversion Of Notes Payable And Related Accrued Interest
CommonStockIssuedForConversionOfNotesPayableAndRelatedAccruedInterest
|
0 | usd |
CY2021 | ODYY |
Common Stock Issued For Conversion Of Notes Payable And Related Accrued Interest
CommonStockIssuedForConversionOfNotesPayableAndRelatedAccruedInterest
|
543850 | usd |
CY2022 | ODYY |
Common Stock Issued For Debt Financing Commitment Shares
CommonStockIssuedForDebtFinancingCommitmentShares
|
68718 | usd |
CY2021 | ODYY |
Common Stock Issued For Debt Financing Commitment Shares
CommonStockIssuedForDebtFinancingCommitmentShares
|
322365 | usd |
CY2022 | ODYY |
Warrants Issued In Connection With Financings
WarrantsIssuedInConnectionWithFinancings
|
0 | usd |
CY2021 | ODYY |
Warrants Issued In Connection With Financings
WarrantsIssuedInConnectionWithFinancings
|
634056 | usd |
CY2022 | ODYY |
Original Issue Discount On Debt
OriginalIssueDiscountOnDebt
|
0 | usd |
CY2021 | ODYY |
Original Issue Discount On Debt
OriginalIssueDiscountOnDebt
|
100000 | usd |
CY2022 | ODYY |
Beneficial Conversion Feature Recognized
BeneficialConversionFeatureRecognized
|
200100 | usd |
CY2021 | ODYY |
Beneficial Conversion Feature Recognized
BeneficialConversionFeatureRecognized
|
19780 | usd |
CY2022 | ODYY |
Accounts Payable Converted Into Common Stock
AccountsPayableConvertedIntoCommonStock
|
20000 | usd |
CY2021 | ODYY |
Accounts Payable Converted Into Common Stock
AccountsPayableConvertedIntoCommonStock
|
45000 | usd |
CY2022 | ODYY |
Increase In Principal Of Notes Payable
IncreaseInPrincipalOfNotesPayable
|
225000 | usd |
CY2021 | ODYY |
Increase In Principal Of Notes Payable
IncreaseInPrincipalOfNotesPayable
|
0 | usd |
CY2022 | ODYY |
Common Stock Issued For Prevacus Milestone
CommonStockIssuedForPrevacusMilestone
|
1000 | usd |
CY2021 | ODYY |
Common Stock Issued For Prevacus Milestone
CommonStockIssuedForPrevacusMilestone
|
0 | usd |
CY2022 | ODYY |
Shares Returned To Treasury
SharesReturnedToTreasury
|
23530 | usd |
CY2021 | ODYY |
Shares Returned To Treasury
SharesReturnedToTreasury
|
20300 | usd |
CY2022 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_805_eus-gaap--NatureOfOperations_zm5UjpqT15Hk" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Note 1. <span id="xdx_82C_z8L1r592dbC9">Nature of Operations and Going Concern</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our corporate mission is to create or acquire distinct assets, intellectual property, and technologies with an emphasis on acquisition targets that have clinical utility and will generate positive cash flow. Our business model is to develop or acquire medical related products, engage third parties to manufacture such products and then distribute the products through various distribution channels, including third parties. We have three different life saving technologies; the CardioMap® heart monitoring and screening device, the Save a Life choking rescue device and a unique neurosteroid drug compound intended to treat concussions and rare brain disorders. We intend to acquire other technologies and assets and plan to be a trans-disciplinary product development company involved in the discovery, development and commercialization of products and technologies that may be applied over various medical markets. We plan to license, improve and/or develop our products and identify and select distribution channels. We intend to establish agreements with distributors to get products to market quickly as well as to undertake and engage in our own direct marketing efforts. We will determine the most effective method of distribution for each unique product that we include in our portfolio. We will engage third-party research and development firms who specialize in the creation of our products to assist us in the development of our own products and we will apply for trademarks and patents once we have developed proprietary products.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We are not currently selling or marketing any products, as our products are in development and Food and Drug Administration ("FDA") clearance or approval to market our products will be required to sell in the United States. In addition, it would require additional European union or country specific clearance or approvals to sell internationally.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We did not recognize any revenues for the years ended July 31, 2022 (“fiscal 2022”) or 2021 (“fiscal 2021”) and we had an accumulated deficit of $<span id="xdx_909_eus-gaap--RetainedEarningsAccumulatedDeficit_iNI_pp0p0_di_c20220731_zCGGyQ5Mvb12" title="Accumulated deficit">54,177,954</span> as of July 31, 2022. For the foreseeable future, we expect to experience continuing operating losses and negative cash flows from operations. Cash available at July 31, 2022 of $<span id="xdx_906_eus-gaap--CashAndCashEquivalentsAtCarryingValue_c20220731_pp0p0" title="Cash and cash equivalents">72,534</span> may not provide enough working capital to meet our current operating expenses through October 28, 2023.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">We follow the provisions of Financial Accounting Standards Board (“FASB”), Accounting Standards Codification (“ASC”), Topic 205-40, “Presentation of Financial Statements — Going Concern”, or ASC 205-40, which requires management to assess the Company’s ability to continue as a going concern for one year after the date the consolidated financial statements are issued. Based on our available cash as of July 31, 2022, management has concluded that substantial doubt exists about our ability to continue as a going concern for one year from the date these financial statements are issued. We expect to seek additional funding to sustain its future operations and while we have successfully raised capital in the past, the ability to raise capital in future periods is not assured. The consolidated financial statements have been prepared assuming that we will continue as a going concern, which contemplates continuity of operations, the realization of assets and the satisfaction of liabilities and commitments in the normal course of business. The consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The operating deficit raises substantial doubt about our ability to continue as a going concern. Our continued existence depends on the success of our efforts to raise additional capital necessary to meet our obligations as they come due and to obtain sufficient capital to execute our business plan. We may obtain capital primarily through issuances of debt or equity or entering into collaborative arrangements with corporate partners. There can be no assurance that we will be successful in completing additional financing or collaboration transactions or, if financing is available, that it can be obtained on commercially reasonable terms. If we are not able to obtain the additional financing on a timely basis, we may be required to further scale down or perhaps even cease operations.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The issuance of additional equity securities could result in a significant dilution in the equity interests of our current stockholders. Obtaining commercial loans, assuming those loans would be available, would increase our liabilities and future cash commitments. Our financial statements do not include adjustments that might result from the outcome of this uncertainty.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">As COVID-19 pandemic continues to severely impact the U.S. and global economy, our business may be impacted in a variety of ways. Political, legal or regulatory actions as a result of the COVID-19 pandemic in jurisdictions where we may plan to manufacture, source or distribute products have created supply disruptions which could affect our plans, and may cause additional supply disruptions or shortages in the future. We cannot currently predict the frequency, duration or scope of these governmental actions and supply disruptions.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">If we are unable to raise additional capital by October 28, 2023, we will adjust our current business plan. Due to the unknown and volatile nature of the stock price and trading volume of our common stock, is it is difficult to predict the timing and amount of availability pursuant to our equity line of credit with LPC (Note 8). Given our recurring losses, negative cash flow, accumulated deficit, and the impact of COVID-19, there is substantial doubt about our ability to continue as a going concern.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-54177954 | usd |
CY2022Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
72534 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearTwo
|
3015 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearThree
|
3015 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84F_eus-gaap--UseOfEstimates_zu0AkerouRYg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i><span id="xdx_86E_zuNISXkz8Nng">Use of estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with Generally Accepted Accounting Principles (“GAAP”) generally requires management to make estimates and assumptions that affect amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> | |
CY2022 | us-gaap |
Depreciation
Depreciation
|
414 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
552 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
1960 | usd |
CY2021 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
5000 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
125989 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
70000 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFour
|
3015 | usd |
CY2022Q3 | us-gaap |
Debt Current
DebtCurrent
|
1180000 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.20 | |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Rolling Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextRollingTwelveMonths
|
3015 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingYearFive
|
3015 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Rolling After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseRollingAfterYearFive
|
28185 | usd |
CY2022Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
43260 | usd |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
23696635 | shares |
CY2021 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8852015 | shares |
CY2021 | us-gaap |
Research And Development In Process
ResearchAndDevelopmentInProcess
|
9440000 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1580000 | usd |
CY2021Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1087270 | usd |
CY2022Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
1580000 | usd |
CY2021Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
1094212 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
6320000 | shares |
CY2022Q3 | us-gaap |
Notes Payable
NotesPayable
|
1580000 | usd |
CY2021Q3 | us-gaap |
Notes Payable
NotesPayable
|
1087270 | usd |
CY2022Q3 | ODYY |
Unamortized Debt Discount And Closing Costs
UnamortizedDebtDiscountAndClosingCosts
|
-48063 | usd |
CY2021Q3 | ODYY |
Unamortized Debt Discount And Closing Costs
UnamortizedDebtDiscountAndClosingCosts
|
-351030 | usd |
CY2022Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
1531937 | usd |
CY2021Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
736240 | usd |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1050000 | shares |
CY2021Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
1.22 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
5595000 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.32 | |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
6645000 | shares |
CY2022Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.46 | |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022Q3 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
820771 | usd |
CY2021Q3 | us-gaap |
Accrued Salaries Current And Noncurrent
AccruedSalariesCurrentAndNoncurrent
|
183846 | usd |
CY2022 | us-gaap |
Other Expenses
OtherExpenses
|
49010 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-885400 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-1182300 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
1790049 | usd |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageRemainingContractualTerm1
|
P1Y5M4D | |
CY2022Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
13750 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
14285714 | shares |
CY2022Q1 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
0.35 | |
CY2022Q2 | ODYY |
Minimum Amount
MinimumAmount
|
1000000 | usd |
CY2022Q3 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
2870800 | shares |
CY2022 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
849302 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1187572 | shares |
CY2022Q1 | us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
415650 | usd |
CY2022Q1 | us-gaap |
Sales Commissions And Fees
SalesCommissionsAndFees
|
374085 | usd |
CY2022Q1 | ODYY |
Warrant Issued
WarrantIssued
|
608755 | shares |
CY2022Q1 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.35 | |
CY2022 | ODYY |
Operating Loss Carryforward Expiration Date
OperatingLossCarryforwardExpirationDate
|
2036 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
0.21 | pure |
CY2022 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
885400 | usd |
CY2021 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
|
1182300 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
2475100 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1589700 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2475100 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1589700 | usd |
CY2022Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2021Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q3 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
11434941 | usd |
CY2022Q3 | us-gaap |
Unrecognized Tax Benefits
UnrecognizedTaxBenefits
|
0 | usd |
CY2022Q3 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
3387 | usd |
CY2021Q3 | us-gaap |
Accounts Payable Related Parties Current And Noncurrent
AccountsPayableRelatedPartiesCurrentAndNoncurrent
|
2568 | usd |
CY2022Q1 | us-gaap |
Other Income
OtherIncome
|
500000 | usd |
CY2022 | us-gaap |
Other Research And Development Expense
OtherResearchAndDevelopmentExpense
|
264209 | usd |
CY2022Q3 | us-gaap |
Prepaid Expense And Other Assets Noncurrent
PrepaidExpenseAndOtherAssetsNoncurrent
|
366475 | usd |