2023 Q1 Form 10-K Financial Statement
#000165495423004611 Filed on April 12, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $1.352M | $1.124M | $2.220M |
YoY Change | 250.26% | 158.98% | 22.74% |
Cost Of Revenue | $608.5K | $371.6K | $1.021M |
YoY Change | 170.73% | -41.87% | -4.86% |
Gross Profit | $743.2K | $752.1K | $1.198M |
YoY Change | 361.19% | -466.14% | 63.05% |
Gross Profit Margin | 54.98% | 66.93% | 53.99% |
Selling, General & Admin | $1.696M | $1.380M | $4.272M |
YoY Change | 84.77% | 137.23% | 58.96% |
% of Gross Profit | 228.25% | 183.42% | 356.45% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $171.0K | $124.8K | $124.8K |
YoY Change | |||
% of Gross Profit | 23.01% | 16.6% | 10.42% |
Operating Expenses | $2.094M | $1.380M | $5.310M |
YoY Change | 128.13% | 137.23% | 97.58% |
Operating Profit | -$1.351M | -$627.4K | -$4.111M |
YoY Change | 78.51% | -20.27% | 110.58% |
Interest Expense | $64.29K | $11.12K | $35.48K |
YoY Change | 687.87% | -48.04% | -30.21% |
% of Operating Profit | |||
Other Income/Expense, Net | $67.09K | $30.34K | -$123.2K |
YoY Change | 721.79% | -342.31% | |
Pretax Income | -$1.284M | -$1.251M | -$4.234M |
YoY Change | 71.49% | 63.46% | 122.69% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | |||
Net Earnings | -$1.284M | -$1.309M | -$4.234M |
YoY Change | 71.49% | 71.31% | 122.84% |
Net Earnings / Revenue | -94.99% | -116.5% | -190.75% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.26 | -$0.26 | -$1.35 |
COMMON SHARES | |||
Basic Shares Outstanding | 5.110M shares | 5.110M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.664M | $6.701M | $6.701M |
YoY Change | 278.98% | 291.81% | 291.81% |
Cash & Equivalents | $4.664M | $6.701M | |
Short-Term Investments | |||
Other Short-Term Assets | $241.5K | $212.2K | $212.2K |
YoY Change | 35.23% | 32.79% | 32.79% |
Inventory | $90.30K | $105.1K | $105.1K |
Prepaid Expenses | |||
Receivables | $115.0K | $137.6K | $137.6K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $5.110M | $7.156M | $7.156M |
YoY Change | 232.79% | 260.85% | 260.85% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | $4.220M | $4.209M | |
YoY Change | |||
Intangibles | $4.556M | $3.865M | |
YoY Change | 178.38% | ||
Long-Term Investments | $278.8K | $434.3K | $434.3K |
YoY Change | -37.06% | 3.96% | 3.96% |
Other Assets | $127.8K | $111.7K | $111.7K |
YoY Change | -5.39% | 118.63% | 118.63% |
Total Long-Term Assets | $9.336M | $8.620M | $8.620M |
YoY Change | 374.78% | 364.14% | 364.14% |
TOTAL ASSETS | |||
Total Short-Term Assets | $5.110M | $7.156M | $7.156M |
Total Long-Term Assets | $9.336M | $8.620M | $8.620M |
Total Assets | $14.45M | $15.78M | $15.78M |
YoY Change | 312.52% | 310.8% | 310.8% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $342.7K | $550.5K | $550.5K |
YoY Change | 30.89% | 147.35% | 147.35% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $48.63K | $68.96K | $68.96K |
YoY Change | 630.18% | 141.88% | 141.88% |
Long-Term Debt Due | $2.416M | $2.456M | $2.456M |
YoY Change | 13851.04% | 14081.99% | 14081.99% |
Total Short-Term Liabilities | $3.083M | $3.303M | $3.303M |
YoY Change | 440.53% | 960.61% | 960.61% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.083M | $3.303M | $3.303M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $3.083M | $3.303M | $3.303M |
YoY Change | 440.53% | 608.18% | 608.18% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$8.916M | -$7.580M | |
YoY Change | 140.58% | ||
Common Stock | $418.2K | $418.2K | |
YoY Change | 3631.02% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $11.36M | $12.47M | $12.47M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $14.45M | $15.78M | $15.78M |
YoY Change | 312.52% | 310.8% | 310.8% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.284M | -$1.309M | -$4.234M |
YoY Change | 71.49% | 71.31% | 122.84% |
Depreciation, Depletion And Amortization | $171.0K | $124.8K | $124.8K |
YoY Change | |||
Cash From Operating Activities | -$1.022M | -$497.3K | -$2.871M |
YoY Change | 88.4% | -26.93% | 151.73% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | |
YoY Change | -100.0% | -100.0% | |
Acquisitions | $850.0K | $4.261M | |
YoY Change | |||
Other Investing Activities | -$850.0K | -$4.306M | -$4.283M |
YoY Change | 3677.78% | -692.01% | -26753.52% |
Cash From Investing Activities | -$850.0K | -$4.306M | -$4.283M |
YoY Change | 3677.78% | 7511.19% | 457.76% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $74.99K | $142.2K | |
YoY Change | 2426.75% | 35.05% | |
Common Stock Issuance & Retirement, Net | $12.10M | ||
YoY Change | 253.42% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$135.3K | -146.1K | $12.11M |
YoY Change | -258.87% | -107.36% | 291.0% |
NET CHANGE | |||
Cash From Operating Activities | -$1.022M | -497.3K | -$2.871M |
Cash From Investing Activities | -$850.0K | -4.306M | -$4.283M |
Cash From Financing Activities | -$135.3K | -146.1K | $12.11M |
Net Change In Cash | -$2.038M | -4.950M | $4.991M |
YoY Change | 324.69% | -497.0% | 319.89% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.022M | -$497.3K | -$2.871M |
Capital Expenditures | $0.00 | $0.00 | |
Free Cash Flow | -$497.3K | -$2.871M | |
YoY Change | -580.88% | 705.34% |
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|
1021362 | usd |
CY2021 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
1073510 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
1198453 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
735033 | usd |
CY2022 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
4271865 | usd |
CY2021 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
2479152 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
509941 | usd |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
208193 | usd |
CY2022 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
527792 | usd |
CY2021 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
0 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
5309598 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
2687345 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4111145 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1952312 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
34432 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
50684 | usd |
CY2022 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
3193 | usd |
CY2021 | us-gaap |
Investment Income Dividend
InvestmentIncomeDividend
|
9970 | usd |
CY2022 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-2152 | usd |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-9805 | usd |
CY2022 | us-gaap |
Other Income
OtherIncome
|
13223 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
0 | usd |
CY2022 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
137602 | usd |
CY2021 | us-gaap |
Impairment Of Investments
ImpairmentOfInvestments
|
0 | usd |
CY2022 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
-34306 | usd |
CY2021 | us-gaap |
Gains Losses On Sales Of Assets
GainsLossesOnSalesOfAssets
|
0 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-123212 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
50849 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-4234357 | usd |
CY2021 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1901463 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-1314 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4234357 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1900149 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-4429502 | usd |
CY2022 | onfolio |
Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
|
-1.35 | |
CY2021 | onfolio |
Earnings Per Share Basic And Diluted1
EarningsPerShareBasicAndDiluted1
|
-0.96 | |
CY2022 | onfolio |
Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
|
3285934 | shares |
CY2021 | onfolio |
Weighted Average Number Of Share Outstanding Basic And Diluted1
WeightedAverageNumberOfShareOutstandingBasicAndDiluted1
|
2080733 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1187748 | usd |
CY2021 | onfolio |
Preferred Shares For Cash Amount
PreferredSharesForCashAmount
|
1415000 | usd |
CY2021 | onfolio |
Common Stock Sold For Cash Amount
CommonStockSoldForCashAmount
|
2010000 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
768030 | usd |
CY2021 | onfolio |
Preferred Dividends
PreferredDividends
|
-106825 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1900148 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3373805 | usd |
CY2022 | onfolio |
Preferred Shares For Cash Amount
PreferredSharesForCashAmount
|
321500 | usd |
CY2022 | onfolio |
Common Stock Sold For Cash Amount
CommonStockSoldForCashAmount
|
12104667 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
944995 | usd |
CY2022 | onfolio |
Warrants Issued For Acquisition
WarrantsIssuedForAcquisition
|
60000 | usd |
CY2022 | onfolio |
Preferred Dividends
PreferredDividends
|
-195145 | usd |
CY2022 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
96971 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-4234357 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
12472435 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-4234357 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1900148 | usd |
CY2022 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-1314 | usd |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
944995 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
768030 | usd |
CY2022 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
34432 | usd |
CY2021 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
50684 | usd |
CY2022 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
33488 | usd |
CY2021 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
63798 | usd |
CY2022 | onfolio |
Impairment Of Cost Method Investment
ImpairmentOfCostMethodInvestment
|
51894 | usd |
CY2021 | onfolio |
Impairment Of Cost Method Investment
ImpairmentOfCostMethodInvestment
|
0 | usd |
CY2022 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-34306 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
0 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
124832 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
122974 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-39277 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-8125 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
58806 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
52389 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
|
142110 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
325706 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
|
185651 | usd |
CY2022 | onfolio |
Increase Decrease In Due To Joint Ventures
IncreaseDecreaseInDueToJointVentures
|
-9730 | usd |
CY2021 | onfolio |
Increase Decrease In Due To Joint Ventures
IncreaseDecreaseInDueToJointVentures
|
-7532 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
60123 | usd |
CY2021 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
3000 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
-480 | usd |
CY2021 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
-39643 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2870893 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1140481 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
45694 | usd |
CY2021 | us-gaap |
Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
|
75000 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | usd |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
784000 | usd |
CY2022 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
4261413 | usd |
CY2021 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | usd |
CY2022 | onfolio |
Advances To Related Parties
AdvancesToRelatedParties
|
0 | usd |
CY2021 | onfolio |
Advances To Related Parties
AdvancesToRelatedParties
|
9526 | usd |
CY2022 | onfolio |
Investments In Joint Ventures
InvestmentsInJointVentures
|
67500 | usd |
CY2021 | onfolio |
Investments In Joint Ventures
InvestmentsInJointVentures
|
49401 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4283219 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-767927 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
12104667 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2010000 | usd |
CY2022 | onfolio |
Proceeds From Sale Of Series A Preferred Stock
ProceedsFromSaleOfSeriesAPreferredStock
|
321500 | usd |
CY2021 | onfolio |
Proceeds From Sale Of Series A Preferred Stock
ProceedsFromSaleOfSeriesAPreferredStock
|
1415000 | usd |
CY2022 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
142239 | usd |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
105327 | usd |
CY2022 | onfolio |
Payment Of Contribution To Joint Venture Note Payable
PaymentOfContributionToJointVentureNotePayable
|
215000 | usd |
CY2021 | onfolio |
Payment Of Contribution To Joint Venture Note Payable
PaymentOfContributionToJointVentureNotePayable
|
60000 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | usd |
CY2021 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
191170 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
44000 | usd |
CY2021 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
108000 | usd |
CY2022 | onfolio |
Payments From Note Payables
PaymentsFromNotePayables
|
3555 | usd |
CY2021 | onfolio |
Payments From Note Payables
PaymentsFromNotePayables
|
79486 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12109373 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
3097017 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35543 | usd |
CY2021 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
4990804 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1188609 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1710318 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
521709 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
6701122 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1710318 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2021 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
7082 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
9805 | usd |
CY2022 | onfolio |
Notes Payable Issued For Asset Acquisitions
NotesPayableIssuedForAssetAcquisitions
|
2439000 | usd |
CY2021 | onfolio |
Notes Payable Issued For Asset Acquisitions
NotesPayableIssuedForAssetAcquisitions
|
0 | usd |
CY2022 | onfolio |
Other
Other
|
0 | usd |
CY2021 | onfolio |
Other
Other
|
1700 | usd |
CY2022 | us-gaap |
Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
|
12860 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
56600 | shares |
CY2021 | onfolio |
Proceeds From Customers1
ProceedsFromCustomers1
|
1415000 | usd |
CY2021Q2 | onfolio |
Selling Intellectual Property
SellingIntellectualProperty
|
75000 | usd |
CY2021 | us-gaap |
Dividends Share Based Compensation
DividendsShareBasedCompensation
|
766656 | usd |
CY2022 | us-gaap |
Restricted Stock Award Forfeitures Dividends
RestrictedStockAwardForfeituresDividends
|
2800 | usd |
CY2022Q4 | onfolio |
Accrued Cash Compensation
AccruedCashCompensation
|
60000 | usd |
CY2022 | us-gaap |
Key Provisions Of Operating Or Partnership Agreement Description
KeyProvisionsOfOperatingOrPartnershipAgreementDescription
|
During the year ended December 31, 2022, the Company issued a total of 49,560 options with an exercise price of $5.95, and an exercise term of three years. The Company estimated fair value of these options to be $4.41 per share using a Black-Scholes option pricing model, and the expense associated with the options will be recognized over the requite service period of 20 months | |
CY2022 | us-gaap |
Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
|
23100 | shares |
CY2022 | onfolio |
Description Of Black Scholes Option Pricing Model
DescriptionOfBlackScholesOptionPricingModel
|
1) dividend yield of 0%; 2) risk-free rate of 0.97% to 1.91%; 3) volatility of 127.7% to 129.5% based on a group of peer group companies; 4) a common stock price of $5.95 based on the most recent common stock sales for cash, and 5) an expected term of three years | |
CY2021 | onfolio |
Description Of Black Scholes Option Pricing Model
DescriptionOfBlackScholesOptionPricingModel
|
the Company award 10,000 common stock options to an employee, of which 500 vested immediately, and 500 per month thereafter until fully vested. The fair value of the stock options was estimate using a black-Scholes option pricing model and the following assumptions: 1) dividend yield of 0%; 2) risk-free rate of 0.49%; 3) volatility of 127.6% based on a group of peer group companies | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
2100 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
72660 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
9.00 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
14910 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
6.19 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
59850 | shares |
CY2022Q4 | onfolio |
Weighted Average Grant Date Fair Valueending
WeightedAverageGrantDateFairValueending
|
4.15 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
9.11 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
18189 | shares |
CY2022Q4 | onfolio |
Weighted Average Grant Date Fair Valueexercisable
WeightedAverageGrantDateFairValueexercisable
|
4.15 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
8.40 | |
CY2022Q4 | us-gaap |
Deferred Compensation Equity
DeferredCompensationEquity
|
121672 | usd |
CY2022 | us-gaap |
Officers Compensation
OfficersCompensation
|
138908 | usd |
CY2022Q4 | onfolio |
Due From Related Parties Included In Current Assets
DueFromRelatedPartiesIncludedInCurrentAssets
|
54858 | usd |
CY2021Q4 | onfolio |
Paid To Related Party
PaidToRelatedParty
|
215000 | usd |
CY2022Q4 | onfolio |
Due To Related Parties Included In Current Liabilities
DueToRelatedPartiesIncludedInCurrentLiabilities
|
36854 | usd |
CY2021Q1 | us-gaap |
Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
|
54240 | usd |
CY2021Q1 | us-gaap |
Cash
Cash
|
48000 | usd |
CY2021Q3 | us-gaap |
Short Term Investments
ShortTermInvestments
|
66600 | usd |
CY2021Q3 | us-gaap |
Cash
Cash
|
60000 | usd |
CY2021Q1 | us-gaap |
Public Utilities Approved Rate Increase Decrease Percentage
PublicUtilitiesApprovedRateIncreaseDecreasePercentage
|
0.17 | pure |
CY2022Q2 | us-gaap |
Short Term Investments
ShortTermInvestments
|
47520 | usd |
CY2022Q2 | us-gaap |
Cash
Cash
|
44000 | usd |
CY2022Q2 | us-gaap |
Public Utilities Approved Rate Increase Decrease Percentage
PublicUtilitiesApprovedRateIncreaseDecreasePercentage
|
0.17 | pure |
CY2022Q4 | onfolio |
Company Owed
CompanyOwed
|
68959 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.21 | pure |
CY2022 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
0 | usd |
CY2022 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-1314 | usd |
CY2022 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
0 | usd |
CY2021 | us-gaap |
Discontinued Operation Provision For Loss Gain On Disposal Before Income Tax
DiscontinuedOperationProvisionForLossGainOnDisposalBeforeIncomeTax
|
-1314 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-889215 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
399307 | usd |
CY2022 | onfolio |
Permanent Differences
PermanentDifferences
|
235561 | usd |
CY2021 | onfolio |
Permanent Differences
PermanentDifferences
|
161286 | usd |
CY2022 | onfolio |
Operating Loss Carryforwards1
OperatingLossCarryforwards1
|
653654 | usd |
CY2021 | onfolio |
Operating Loss Carryforwards1
OperatingLossCarryforwards1
|
238021 | usd |
CY2022 | us-gaap |
Temporary Equity Other Changes
TemporaryEquityOtherChanges
|
0 | usd |
CY2021 | us-gaap |
Temporary Equity Other Changes
TemporaryEquityOtherChanges
|
0 | usd |
CY2022 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | usd |
CY2021 | us-gaap |
Income Tax Examination Penalties And Interest Expense
IncomeTaxExaminationPenaltiesAndInterestExpense
|
0 | usd |
CY2022 | onfolio |
Provision For Income Taxes Current
ProvisionForIncomeTaxesCurrent
|
0 | usd |
CY2021 | onfolio |
Provision For Income Taxes Current
ProvisionForIncomeTaxesCurrent
|
0 | usd |
CY2022 | onfolio |
Temporary Equity Other Changes1
TemporaryEquityOtherChanges1
|
0 | usd |
CY2021 | onfolio |
Temporary Equity Other Changes1
TemporaryEquityOtherChanges1
|
-1314 | usd |
CY2022 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
|
-1314 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
918400 | usd |
CY2021Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
238021 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
918400 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
238021 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
0 | usd |