2024 Q2 Form 10-K Financial Statement
#000121390024032767 Filed on April 15, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $3.521M | $5.911M | $30.57M |
YoY Change | -57.8% | -15.12% | 0.67% |
Cost Of Revenue | $2.973M | $4.267M | $21.18M |
YoY Change | 731.67% | -23.02% | -8.51% |
Gross Profit | $548.5K | $1.644M | $9.390M |
YoY Change | -93.13% | 15.71% | 30.12% |
Gross Profit Margin | 15.58% | 27.81% | 30.72% |
Selling, General & Admin | $2.202M | $5.803M | $13.23M |
YoY Change | 16.79% | 97.89% | 55.16% |
% of Gross Profit | 401.49% | 353.02% | 140.93% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $843.7K | $1.522M | $2.560M |
YoY Change | 5.5% | -7.94% | -62.67% |
% of Gross Profit | 153.82% | 92.62% | 27.26% |
Operating Expenses | $6.136M | $7.325M | $54.05M |
YoY Change | -31.64% | 59.18% | 40.25% |
Operating Profit | -$2.615M | -$5.681M | -$23.48M |
YoY Change | 313.95% | 78.6% | 187.35% |
Interest Expense | -$32.93K | $474.5K | $148.5K |
YoY Change | -32.36% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$32.93K | -$74.33K | $204.1K |
YoY Change | -178.04% | -46.74% | |
Pretax Income | -$2.648M | -$18.18M | -$23.27M |
YoY Change | 349.16% | 471.62% | 198.87% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$2.648M | -$18.20M | -$23.18M |
YoY Change | 350.48% | 408.05% | 197.67% |
Net Earnings / Revenue | -75.2% | -307.98% | -75.82% |
Basic Earnings Per Share | -$1.49 | -$0.65 | |
Diluted Earnings Per Share | -$1.49 | -$1.18 | -$0.65 |
COMMON SHARES | |||
Basic Shares Outstanding | 18.09M shares | 15.22M shares | 15.20M shares |
Diluted Shares Outstanding | 1.798M shares | 15.20M shares |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $53.27K | $452.7K | $452.7K |
YoY Change | -60.18% | 4.29% | 4.29% |
Cash & Equivalents | $53.27K | $179.0K | |
Short-Term Investments | $0.00 | $273.7K | $273.7K |
Other Short-Term Assets | $592.00 | $312.1K | $497.0K |
YoY Change | -99.78% | -75.79% | -73.44% |
Inventory | |||
Prepaid Expenses | $13.68K | $184.9K | |
Receivables | $118.0K | $466.9K | $466.9K |
Other Receivables | $404.0K | $404.0K | $404.0K |
Total Short-Term Assets | $589.5K | $1.821M | $1.821M |
YoY Change | -81.13% | -46.27% | -46.27% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $4.277M | $5.872M | $5.872M |
YoY Change | -39.01% | -19.84% | -22.68% |
Goodwill | $8.140M | $8.140M | |
YoY Change | 0.0% | 18.69% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | $273.7K | ||
YoY Change | 9.46% | ||
Other Assets | $396.0K | $396.0K | $396.0K |
YoY Change | -7.04% | -21.27% | -21.27% |
Total Long-Term Assets | $16.00M | $17.91M | $17.91M |
YoY Change | -53.11% | -49.22% | -49.22% |
TOTAL ASSETS | |||
Total Short-Term Assets | $589.5K | $1.821M | $1.821M |
Total Long-Term Assets | $16.00M | $17.91M | $17.91M |
Total Assets | $16.59M | $19.73M | $19.73M |
YoY Change | -55.46% | -48.96% | -48.96% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.229M | $3.527M | $3.527M |
YoY Change | 114.74% | 587.11% | 587.1% |
Accrued Expenses | $454.3K | $1.018M | $1.018M |
YoY Change | -15.45% | 169.09% | 98.57% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $30.60K | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $277.5K | $258.8K | $258.8K |
YoY Change | -6.91% | -13.16% | -13.16% |
Total Short-Term Liabilities | $8.319M | $7.235M | $7.235M |
YoY Change | 58.14% | 99.95% | 99.95% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $149.0K | $149.0K |
YoY Change | -100.0% | -42.54% | -42.54% |
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Total Long-Term Liabilities | $0.00 | $149.0K | $149.0K |
YoY Change | -100.0% | -62.54% | -62.54% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $8.319M | $7.235M | $7.235M |
Total Long-Term Liabilities | $0.00 | $149.0K | $149.0K |
Total Liabilities | $8.319M | $7.384M | $7.503M |
YoY Change | 54.89% | 83.85% | 86.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$61.62M | -$56.57M | |
YoY Change | 68.38% | 69.42% | |
Common Stock | $180.00 | $1.521K | |
YoY Change | -88.17% | 0.86% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $110.0K | ||
YoY Change | 0.0% | ||
Treasury Stock Shares | |||
Shareholders Equity | $8.274M | $12.23M | $12.23M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $16.59M | $19.73M | $19.73M |
YoY Change | -55.46% | -48.96% | -48.96% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.648M | -$18.20M | -$23.18M |
YoY Change | 350.48% | 408.05% | 197.67% |
Depreciation, Depletion And Amortization | $843.7K | $1.522M | $2.560M |
YoY Change | 5.5% | -7.94% | -62.67% |
Cash From Operating Activities | -$785.5K | $81.94K | $2.047M |
YoY Change | -161.3% | -109.18% | -206.53% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $480.00 | $1.225M | |
YoY Change | -99.94% | -21.58% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $332.9K | $0.00 | -$850.0K |
YoY Change | -139.16% | ||
Cash From Investing Activities | $332.9K | -$480.00 | -$2.080M |
YoY Change | -131.47% | -99.94% | 33.14% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 502.6K | 9.760K | -$221.8K |
YoY Change | -425.26% | -105.29% | -149.58% |
NET CHANGE | |||
Cash From Operating Activities | -785.5K | 81.94K | $2.047M |
Cash From Investing Activities | 332.9K | -480.0 | -$2.080M |
Cash From Financing Activities | 502.6K | 9.760K | -$221.8K |
Net Change In Cash | 49.96K | 91.22K | -$255.0K |
YoY Change | -27.75% | -104.9% | -91.6% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$785.5K | $81.94K | $2.047M |
Capital Expenditures | $480.00 | $1.225M | |
Free Cash Flow | $81.46K | $821.8K | |
YoY Change | -104.85% | -123.59% |
Facts In Submission
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usd | |
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2023-12-31 | |
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THE OLB GROUP, INC. | |
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DE | |
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1120 Avenue of the Americas | |
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4th Floor | |
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New York | |
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NY | |
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10036 | |
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278-0900 | |
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Common Stock, $0.0001 par value | |
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-23273939 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7787269 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-23273939 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-7787269 | usd |
CY2023 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-93276 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-23180663 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-7787269 | usd |
CY2023 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
124222 | usd |
CY2022 | us-gaap |
Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
|
401903 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-23304885 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-8189172 | usd |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.65 | |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.56 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15203708 | shares |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
14678990 | shares |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
41380528 | usd |
CY2022 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
110001 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
931739 | usd |
CY2022 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
401903 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
624683 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-7787269 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
34637777 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
164998 | usd |
CY2023 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
124222 | usd |
CY2023 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
212500 | usd |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
727758 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-23273939 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
12344872 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-23273939 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-7787269 | usd |
CY2022 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
726179 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
6732132 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
6858171 | usd |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
12902788 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
727758 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
624683 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
164999 | usd |
CY2023 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-3809 | usd |
CY2023 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
23662 | usd |
CY2023 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
288584 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-570473 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-35796 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-1008645 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
848625 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
-106965 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
|
51032 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
2729797 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
11504 | usd |
CY2023 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
858358 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-203429 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2046922 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1921381 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1225148 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1562361 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
4965 | usd |
CY2023 | olb |
Purchase Interest In Cuentas Sdillc
PurchaseInterestInCuentasSDILLC
|
0.8001 | pure |
CY2022 | olb |
Purchase Interest In Cuentas Sdillc
PurchaseInterestInCuentasSDILLC
|
0.8001 | pure |
CY2023 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
850000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2080113 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1562361 | usd |
CY2023 | olb |
Cash Overdraft Acquired In Acquisition
CashOverdraftAcquiredInAcquisition
|
8050 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
12678 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
875000 | usd |
CY2023 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
226457 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
317571 | usd |
CY2022 | olb |
Cash Used For Acquisition Of Treasury Stock
CashUsedForAcquisitionOfTreasuryStock
|
110000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-221829 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
447429 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-255020 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-3036313 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
434026 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3470339 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
179006 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
434026 | usd |
CY2023 | olb |
Common Stock Issued For Accrued Liabilities
CommonStockIssuedForAccruedLiabilities
|
164998 | usd |
CY2023 | olb |
Preferred Stock Dividends
PreferredStockDividends
|
124222 | usd |
CY2022 | olb |
Preferred Stock Dividends
PreferredStockDividends
|
420059 | usd |
CY2023 | olb |
Cancellation Of Operating Leases
CancellationOfOperatingLeases
|
174090 | usd |
CY2023Q2 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
31000 | shares |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration:underline">Use of Estimates</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts 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 those estimates. The Company’s accounting estimates include the collectability of receivables, useful lives of long-lived assets and recoverability of those assets, impairment in fair value of goodwill, valuation allowances for income taxes and stock-based compensation.</p> | |
CY2023 | olb |
Consolidated Percentage
ConsolidatedPercentage
|
0.8001 | pure |
CY2023Q4 | olb |
Noncontrolling Interest Percentage
NoncontrollingInterestPercentage
|
0.1999 | pure |
CY2023 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Reclassifications</span></i></p><p style="text-align: justify; margin: 0pt 0; font: 10pt Times New Roman, Times, Serif">Certain reclassifications have been made to the prior year financial information to conform to the presentation used in the financial statements for the year ended December 31, 2023.</p> | |
CY2023 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration:underline">Concentration of Credit Risk</span></i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially expose the Company to concentration of credit risk consist primarily of cash and accounts receivable. The Company’s cash is deposited with major financial institutions. At times, such deposits may be in excess of the Federal Deposit Insurance Corporation insurable amount (“FDIC”). As of December 31, 2023 and 2022, the Company had no cash in excess of the FDIC’s $250,000 coverage limit.</p> | |
CY2023Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2022Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
8563127 | shares |
CY2023 | olb |
Weighted Average Number Of Common Shares Antidilutive Effect
WeightedAverageNumberOfCommonSharesAntidilutiveEffect
|
1254683 | shares |
CY2022 | olb |
Weighted Average Number Of Common Shares Antidilutive Effect
WeightedAverageNumberOfCommonSharesAntidilutiveEffect
|
2362321 | shares |
CY2023Q4 | olb |
Bitcoin Per Share
BitcoinPerShare
|
11.14 | |
CY2023 | us-gaap |
Fair Value Of Assets Acquired
FairValueOfAssetsAcquired
|
470633 | usd |
CY2023 | us-gaap |
Sale Of Stock Consideration Received Per Transaction
SaleOfStockConsiderationReceivedPerTransaction
|
42265 | usd |
CY2023 | us-gaap |
Realized Investment Gains Losses
RealizedInvestmentGainsLosses
|
288584 | usd |
CY2023 | us-gaap |
Payments To Acquire Projects
PaymentsToAcquireProjects
|
100000 | usd |
CY2023 | us-gaap |
Retail Land Sales Estimated Cost Of Major Improvements
RetailLandSalesEstimatedCostOfMajorImprovements
|
100000 | usd |
CY2023Q4 | us-gaap |
Public Utilities Property Plant And Equipment Equipment
PublicUtilitiesPropertyPlantAndEquipmentEquipment
|
3000 | usd |
CY2023 | us-gaap |
Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
|
5000 | usd |
CY2023Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
100000 | usd |
CY2023 | us-gaap |
Public Utilities Property Plant And Equipment Other Property Plant And Equipment Useful Life
PublicUtilitiesPropertyPlantAndEquipmentOtherPropertyPlantAndEquipmentUsefulLife
|
P7Y | |
CY2022 | olb |
Impairment Expense
ImpairmentExpense
|
12902788 | usd |
CY2022 | us-gaap |
Financing Receivables Impaired Troubled Debt Restructuring Write Down
FinancingReceivablesImpairedTroubledDebtRestructuringWriteDown
|
259931 | usd |
CY2022Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
12642857 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
6858216 | usd |
CY2023 | olb |
Purchase Interest In Cuentas Sdillc
PurchaseInterestInCuentasSDILLC
|
0.8001 | pure |
CY2023 | us-gaap |
Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
|
1281673 | usd |
CY2023Q4 | us-gaap |
Goodwill
Goodwill
|
8139889 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
207850 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
38000 | usd |
CY2023 | olb |
Wholesale Contracts Revenue
WholesaleContractsRevenue
|
26073349 | usd |
CY2023 | us-gaap |
Public Utilities Approved Equity Capital Structure Percentage
PublicUtilitiesApprovedEquityCapitalStructurePercentage
|
0.0111 | pure |
CY2023Q4 | us-gaap |
Capital Units
CapitalUnits
|
250000 | usd |
CY2023Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
273662 | usd |
CY2022 | olb |
Wholesale Contracts Revenue
WholesaleContractsRevenue
|
26424478 | usd |
CY2023 | olb |
Retail Contracts Revenues
RetailContractsRevenues
|
1022896 | usd |
CY2022 | olb |
Retail Contracts Revenues
RetailContractsRevenues
|
1646663 | usd |
CY2023 | us-gaap |
Payments For Fees
PaymentsForFees
|
402097 | usd |
CY2022 | us-gaap |
Payments For Fees
PaymentsForFees
|
1571659 | usd |
CY2023 | olb |
Bitcoin Mining Revenue
BitcoinMiningRevenue
|
-538718 | usd |
CY2022 | olb |
Bitcoin Mining Revenue
BitcoinMiningRevenue
|
-726179 | usd |
CY2023 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
2534577 | usd |
CY2023 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
30571637 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
30368979 | usd |
CY2023Q4 | us-gaap |
Capital Units Authorized
CapitalUnitsAuthorized
|
165.27 | shares |
CY2023Q4 | us-gaap |
Deposits
Deposits
|
0 | usd |
CY2023Q4 | us-gaap |
Cash
Cash
|
180000 | usd |
CY2023 | us-gaap |
Accounts Receivable Sale
AccountsReceivableSale
|
467000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
274000 | usd |
CY2023 | olb |
Bitcoin Value
BitcoinValue
|
312000 | usd |
CY2023Q4 | us-gaap |
Reorganization Value Cash In Excess Of Normal Operating Needs
ReorganizationValueCashInExcessOfNormalOperatingNeeds
|
2000000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3500246 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
20310255 | usd |
CY2023 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
12642857 | usd |
CY2023 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
4172117 | usd |
CY2022 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
3664488 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11545629 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
11689109 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
5673878 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment Excluding Capital Leased Assets
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentExcludingCapitalLeasedAssets
|
4363897 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5871751 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7325212 | usd |
CY2023 | us-gaap |
Indefinite Lived Intangible Assets Written Off Related To Sale Of Business Unit
IndefiniteLivedIntangibleAssetsWrittenOffRelatedToSaleOfBusinessUnit
|
524965 | usd |
CY2023 | olb |
Loss On Impairment
LossOnImpairment
|
259931 | usd |
CY2022Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
250000 | usd |
CY2023 | us-gaap |
Interest Revenue Expense Net
InterestRevenueExpenseNet
|
3001190 | usd |
CY2023Q4 | us-gaap |
Business Combination Contingent Consideration Asset Current
BusinessCombinationContingentConsiderationAssetCurrent
|
850000 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
|
141337 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
|
8050 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
|
45806 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
|
283626 | usd |
CY2023Q4 | olb |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accrued Expenses
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccruedExpenses
|
23028 | usd |
CY2023Q4 | us-gaap |
Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
|
212500 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
-431673 | usd |
CY2023Q4 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
|
1281673 | usd |
CY2022Q4 | us-gaap |
Partners Capital Allocated For Income Tax And Other Withdrawals
PartnersCapitalAllocatedForIncomeTaxAndOtherWithdrawals
|
875000 | usd |
CY2022 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
317571 | usd |
CY2023Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
407858 | usd |
CY2022Q1 | olb |
Purchase Shares Of Common Stock
PurchaseSharesOfCommonStock
|
200000 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriod
|
275000 | shares |
CY2022Q1 | us-gaap |
Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
|
0.001 | |
CY2022Q1 | us-gaap |
Excess Stock Shares Authorized
ExcessStockSharesAuthorized
|
178162 | shares |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
178162 | shares |
CY2022Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
368627 | usd |
CY2022Q1 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
0.001 | |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.01325 | pure |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
1.259 | pure |
CY2022Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P4Y | |
CY2023Q1 | us-gaap |
Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
|
200000 | shares |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
100000 | shares |
CY2023Q1 | olb |
Additional Vested Shares
AdditionalVestedShares
|
50000 | shares |
CY2023 | us-gaap |
Stock Option Exercise Price Increase
StockOptionExercisePriceIncrease
|
0.01 | |
CY2023Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
68750 | shares |
CY2023Q4 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
279412 | usd |
CY2022 | us-gaap |
Deferred Compensation Arrangement With Individual Compensation Expense
DeferredCompensationArrangementWithIndividualCompensationExpense
|
91361 | usd |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
0.01 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0163 | pure |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
2.95 | pure |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P10Y | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1375655 | shares |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.004 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
200000 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.01 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
6667 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
|
0.001 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
1568988 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.004 | |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
1656270 | usd |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
1248016 | shares |
CY2023Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
0.003 | |
CY2023Q4 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
|
1319229 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
727758 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
624683 | usd |
CY2023 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P6Y2M12D | |
CY2022 | us-gaap |
Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Exercisable Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeExercisableOptionsWeightedAverageRemainingContractualTerm2
|
P5Y8M12D | |
CY2021Q4 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Warrants Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsOutstandingNumber
|
9963127 | shares |
CY2021Q4 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsOutstandingWeightedAverageExercisePrice
|
5.02 | |
CY2021Q4 | olb |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
|
P4Y6M18D | |
CY2022 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Option Underwriter Warrant Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionUnderwriterWarrantExercised
|
-1400000 | shares |
CY2022 | olb |
Share Based Compensation Share Based Payment Weighted Average Exercise Price Underwriter Warrant Exercised
ShareBasedCompensationShareBasedPaymentWeightedAverageExercisePriceUnderwriterWarrantExercised
|
0.0001 | |
CY2022Q4 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Warrants Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsOutstandingNumber
|
8563127 | shares |
CY2022Q4 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsOutstandingWeightedAverageExercisePrice
|
5.02 | |
CY2022 | olb |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
|
P3Y | |
CY2023Q4 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Warrants Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsOutstandingNumber
|
8563127 | shares |
CY2023Q4 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Warrants Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardWarrantsOutstandingWeightedAverageExercisePrice
|
6.83 | |
CY2023 | olb |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
|
P2Y7M6D | |
CY2020Q2 | us-gaap |
Area Of Land
AreaOfLand
|
4277 | sqft |
CY2020Q3 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P39M | |
CY2020Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
315044 | usd |
CY2020Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
8768 | usd |
CY2023 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
8554 | usd |
CY2022Q1 | us-gaap |
Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
|
P5Y | |
CY2022Q1 | us-gaap |
Payments For Rent
PaymentsForRent
|
250000 | usd |
CY2022Q1 | us-gaap |
Security Deposit
SecurityDeposit
|
8768 | usd |
CY2023Q1 | us-gaap |
Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
|
50000 | usd |
CY2023 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
212448 | usd |
CY2022 | us-gaap |
Operating Lease Expense
OperatingLeaseExpense
|
171723 | usd |
CY2022Q3 | olb |
Repurchase Of Common Stock
RepurchaseOfCommonStock
|
1000000 | shares |
CY2022 | us-gaap |
Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
|
110000 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2022Q1 | us-gaap |
Shares Issued
SharesIssued
|
1318408 | shares |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q4 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
3612 | shares |
CY2022Q4 | us-gaap |
Dividends Cash
DividendsCash
|
932193 | usd |
CY2022Q4 | us-gaap |
Common Stock Dividends Shares
CommonStockDividendsShares
|
504910 | shares |
CY2022 | olb |
Obligated Issue Shares Amount
ObligatedIssueSharesAmount
|
165000 | usd |
CY2022Q4 | us-gaap |
Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
|
165000 | usd |
CY2023Q1 | olb |
Short Swing Profits
ShortSwingProfits
|
114654 | usd |
CY2023 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
124222 | usd |
CY2022 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
401903 | usd |
CY2023Q4 | olb |
Purchase Agreement Description
PurchaseAgreementDescription
|
On November 24, 2021, we entered into an Asset Purchase Agreement (the “Agreement”) dated as of November 15, 2021, with FFS Data Corporation (“FFS”) whereby we acquired a portfolio of merchants utilizing financial transaction processing services (the “Acquired Merchant Portfolio”). The purchase price was $20 million, with $16 million paid at closing, $2 million payable within six months after closing, and a $2 million payment to be transferred to an escrow account, contingent upon an Attrition Adjustment, as described in the Agreement. However, the Company is engaged ongoing litigation with FFS relating to allegations of, among other things, breaches of contract in connection with the Acquired Merchant Portfolio whereby FFS is claiming to be paid the full purchase price of the Acquired Merchant Portfolio and the Company is making a claim to recover the purchase price of the Acquired Merchant Portfolio based on misrepresentations made about the Acquired Merchant Portfolio and related fraud and other claims, which resulted in a termination of the bank processing agreement by Clear Fork Bank (the “Bank”) and eventual termination of all payment processing business with the merchants. In addition, in connection with the litigation with FFS, the Company has also made a claim against the Bank for damages the Company suffered as a result of it having to cease processing transactions for the merchants underlying the Acquired Merchant Portfolio. The Bank has filed a counterclaim for fees incurred by it in connection with the transactions processed since the acquisition of the Acquired Merchant Portfolio by the Company. However, the damages claimed have been materially reduced over time due to account balancing which was not completed at the time of the counterclaim. The litigations are currently in discovery and dates for trial are not yet finalized. | |
CY2023Q4 | us-gaap |
Construction Contractor Receivable Retainage
ConstructionContractorReceivableRetainage
|
100000 | usd |
CY2023 | us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
444000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Other Current
AccountsPayableOtherCurrent
|
315000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
7624402 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
5913700 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
56120 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
|
10300 | usd |
CY2023Q4 | olb |
Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
|
3193891 | usd |
CY2022Q4 | olb |
Deferred Tax Assets Depreciation And Amortization
DeferredTaxAssetsDepreciationAndAmortization
|
-926730 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
10874413 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4997270 | usd |
CY2023 | olb |
Income Tax Reconciliation Book Loss
IncomeTaxReconciliationBookLoss
|
-4868000 | usd |
CY2022 | olb |
Income Tax Reconciliation Book Loss
IncomeTaxReconciliationBookLoss
|
-1635000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-1391000 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-467000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
|
1300 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Meals And Entertainment
IncomeTaxReconciliationNondeductibleExpenseMealsAndEntertainment
|
2200 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
196495 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
|
168400 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
84476 | usd |
CY2023 | olb |
Effective Income Tax Rate No Ls Expired
EffectiveIncomeTaxRateNOLsExpired
|
253646 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-70584 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
|
-9741 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
5878143 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1856665 | usd |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
24700000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Subject To Expiration
DeferredTaxAssetsOperatingLossCarryforwardsSubjectToExpiration
|
2600000 | usd |
CY2023 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | pure |
CY2021Q4 | us-gaap |
Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
|
20000000 | usd |
CY2021Q4 | us-gaap |
Payable Investment Purchase
PayableInvestmentPurchase
|
2000000 | usd |
CY2021Q4 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
2000000 | usd |
CY2022Q4 | us-gaap |
Asset Acquisition Contingent Consideration Liability Current
AssetAcquisitionContingentConsiderationLiabilityCurrent
|
2000000 | usd |
CY2023 | olb |
Payments Amount
PaymentsAmount
|
182150 | usd |
CY2023Q4 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2023Q4 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2022Q4 | us-gaap |
Other Receivables
OtherReceivables
|
usd | |
CY2023Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
usd | |
CY2023Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
usd | |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2022 | us-gaap |
Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
|
usd | |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
usd | |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
usd | |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
usd | |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.56 | |
CY2022 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
14678990 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15203708 | shares |
CY2022 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
usd | |
CY2023 | us-gaap |
Other Noncash Income
OtherNoncashIncome
|
usd | |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
usd | |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
usd | |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
usd | |
CY2022 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
usd | |
CY2022 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
usd | |
CY2022 | us-gaap |
Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
|
usd | |
CY2022 | olb |
Cash Overdraft Acquired In Acquisition
CashOverdraftAcquiredInAcquisition
|
usd | |
CY2023 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | |
CY2022 | olb |
Common Stock Issued For Accrued Liabilities
CommonStockIssuedForAccruedLiabilities
|
usd | |
CY2022 | olb |
Cancellation Of Operating Leases
CancellationOfOperatingLeases
|
usd | |
CY2022 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
usd | |
CY2023 | olb |
Amortized Over The Useful Life Term
AmortizedOverTheUsefulLifeTerm
|
P10Y | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
|
usd | |
CY2023 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Aggregate Intrinsic Value Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableAggregateIntrinsicValueExpired
|
usd | |
CY2023 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
usd | |
CY2023 | olb |
Share Based Compensation Arrangement By Share Based Payment Award Options Aggregate Intrinsic Value Expired
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsAggregateIntrinsicValueExpired
|
usd | |
CY2023 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
||
CY2023Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022Q4 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
usd | |
CY2022 | olb |
Effective Income Tax Rate No Ls Expired
EffectiveIncomeTaxRateNOLsExpired
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001314196 |