2022 Q3 Form 10-Q Financial Statement

#000149315222023713 Filed on August 22, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $33.37K $32.86K $10.15K
YoY Change 325.13% -22.35% -56.4%
Cost Of Revenue $23.97K $20.84K $9.960K
YoY Change 239.5% 11946.24% 31.4%
Gross Profit $9.404K $12.02K $190.00
YoY Change 1090.38% -71.47% -98.79%
Gross Profit Margin 28.18% 36.59% 1.87%
Selling, General & Admin $474.9K $501.6K $552.4K
YoY Change -7.23% -25.61% -42.45%
% of Gross Profit 5049.55% 4171.74% 290752.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.883K $12.17K $12.49K
YoY Change 42.41% -7.18% 26.42%
% of Gross Profit 105.09% 101.23% 6573.68%
Operating Expenses $484.7K $513.8K $564.9K
YoY Change -6.57% -25.26% -41.75%
Operating Profit -$475.3K -$501.8K -$564.7K
YoY Change -8.24% -22.24% -40.81%
Interest Expense $529.9K $190.7K -$166.2K
YoY Change -486.55% 63.53% 78.37%
% of Operating Profit
Other Income/Expense, Net -$518.8K -$189.7K $0.00
YoY Change -10476.16% 75.86% -100.0%
Pretax Income -$994.1K -$691.5K -$609.5K
YoY Change 48.89% -8.19% -41.41%
Income Tax
% Of Pretax Income
Net Earnings -$994.1K -$691.5K -$609.5K
YoY Change 48.9% -8.19% -41.41%
Net Earnings / Revenue -2978.88% -2104.1% -6005.02%
Basic Earnings Per Share -$0.02 -$0.01
Diluted Earnings Per Share -$0.02 -$0.01 -$9.291K
COMMON SHARES
Basic Shares Outstanding 65.86M shares 65.86M shares
Diluted Shares Outstanding 66.08M shares 65.86M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $68.62K $54.80K $85.41K
YoY Change -90.18% -96.98% -90.24%
Cash & Equivalents $68.62K $54.80K
Short-Term Investments
Other Short-Term Assets $49.26K $231.2K $36.82K
YoY Change -44.09% 922.53% 60.72%
Inventory $319.2K $315.7K $292.8K
Prepaid Expenses $26.43K $26.68K
Receivables $31.10K $26.75K $29.35K
Other Receivables
Total Short-Term Assets $468.2K $628.5K $622.5K
YoY Change -68.26% -73.76% -52.74%
LONG-TERM ASSETS
Property, Plant & Equipment $996.3K $1.022M $2.496M
YoY Change -10.11% -7.14% 135.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $180.5K $1.532M $1.548M
YoY Change -85.26% 2174.77% 2197.27%
Total Long-Term Assets $2.659M $4.037M $4.044M
YoY Change 13.99% 245.77% 259.12%
TOTAL ASSETS
Total Short-Term Assets $468.2K $628.5K $622.5K
Total Long-Term Assets $2.659M $4.037M $4.044M
Total Assets $3.127M $4.665M $4.666M
YoY Change -17.87% 30.95% 90.98%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $739.2K $675.2K $573.7K
YoY Change 59.52% 20.73% -18.45%
Accrued Expenses $813.3K $678.2K $643.7K
YoY Change 61.99% 36.16% 47.34%
Deferred Revenue $35.34K $33.51K
YoY Change
Short-Term Debt $1.004M $817.3K $480.2K
YoY Change 178.43% 70.94% 23.52%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.737M $2.429M $1.838M
YoY Change 93.75% 51.11% 15.69%
LONG-TERM LIABILITIES
Long-Term Debt $900.0K $900.0K $800.0K
YoY Change
Other Long-Term Liabilities $15.70K $1.390M $1.411M
YoY Change -86.82% 955.25% 879.17%
Total Long-Term Liabilities $915.7K $2.290M $2.211M
YoY Change 668.59% 1638.52% 1434.37%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.737M $2.429M $1.838M
Total Long-Term Liabilities $915.7K $2.290M $2.211M
Total Liabilities $3.653M $4.719M $4.049M
YoY Change 138.47% 171.34% 133.66%
SHAREHOLDERS EQUITY
Retained Earnings -$22.21M -$21.22M
YoY Change
Common Stock $67.20K $65.86K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$5.110M -$4.284M -$3.612M
YoY Change
Total Liabilities & Shareholders Equity $3.127M $4.665M $4.666M
YoY Change -17.87% 30.95% 90.98%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$994.1K -$691.5K -$609.5K
YoY Change 48.9% -8.19% -41.41%
Depreciation, Depletion And Amortization $9.883K $12.17K $12.49K
YoY Change 42.41% -7.18% 26.42%
Cash From Operating Activities -$219.5K -$257.9K -$647.6K
YoY Change -87.99% -51.05% -15.46%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$39.72K -$3.480K
YoY Change -100.0% -39.75% -97.8%
Acquisitions
YoY Change
Other Investing Activities $6.350K
YoY Change 23.78%
Cash From Investing Activities $6.350K -$39.72K -$3.480K
YoY Change -114.33% -39.75% -97.8%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 238.3K 279.3K 600.0K
YoY Change -68.8% -81.81% -66.1%
NET CHANGE
Cash From Operating Activities -219.5K -257.9K -647.6K
Cash From Investing Activities 6.350K -39.72K -3.480K
Cash From Financing Activities 238.3K 279.3K 600.0K
Net Change In Cash 25.11K -18.27K -51.08K
YoY Change -102.27% -101.94% -106.04%
FREE CASH FLOW
Cash From Operating Activities -$219.5K -$257.9K -$647.6K
Capital Expenditures $0.00 -$39.72K -$3.480K
Free Cash Flow -$219.5K -$218.2K -$644.1K
YoY Change -87.65% -52.67% 5.93%

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NetIncomeLossAvailableToCommonStockholdersBasic
-712669 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-746357 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1315629 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1833673 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65861631 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
59329167 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65734218 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
58721432 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65861631 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
59329167 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65734218 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
58721432 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2022Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
CY2021Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-2069208 usd
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
300000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
107796 usd
CY2021Q2 OWPC Amortization Of Common Stock Options Issued For Services One
AmortizationOfCommonStockOptionsIssuedForServicesOne
226489 usd
CY2021Q2 us-gaap Dividends
Dividends
12616 usd
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5779 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-753194 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-2206512 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-3612100 usd
CY2022Q2 OWPC Amortization Of Common Stock Options Issued For Services One
AmortizationOfCommonStockOptionsIssuedForServicesOne
41146 usd
CY2022Q2 us-gaap Dividends
Dividends
8847 usd
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12332 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-691490 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-4283623 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-1953439 usd
OWPC Convertible Preferred Stock Units Sold For Cash
ConvertiblePreferredStockUnitsSoldForCash
-25 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
550000 usd
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
107796 usd
OWPC Commitment Shares Issued Pursuant To Promissory Note
CommitmentSharesIssuedPursuantToPromissoryNote
268250 usd
OWPC Amortization Of Common Stock Options Issued For Services One
AmortizationOfCommonStockOptionsIssuedForServicesOne
654579 usd
us-gaap Dividends
Dividends
34843 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-5419 usd
us-gaap Net Income Loss
NetIncomeLoss
-1793411 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-2206512 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-3050254 usd
OWPC Amortization Of Common Stock Options Issued For Services One
AmortizationOfCommonStockOptionsIssuedForServicesOne
82260 usd
us-gaap Dividends
Dividends
19105 usd
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4472 usd
us-gaap Net Income Loss
NetIncomeLoss
-1300996 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-4283623 usd
us-gaap Net Income Loss
NetIncomeLoss
-1300996 usd
us-gaap Net Income Loss
NetIncomeLoss
-1793411 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24657 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22998 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
121372 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
300600 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
183819 usd
us-gaap Share Based Compensation
ShareBasedCompensation
107796 usd
OWPC Amortization Of Options Issued For Services
AmortizationOfOptionsIssuedForServices
82260 usd
OWPC Amortization Of Options Issued For Services
AmortizationOfOptionsIssuedForServices
654579 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6873 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
23095 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
117127 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
146714 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-74836 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
21640 usd
OWPC Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-52488 usd
OWPC Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
-22636 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
276067 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
2239 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
195004 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-175327 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
222497 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-100163 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3346 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-38725 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-22114 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-905472 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1292875 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
43201 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
223922 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-43201 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-223922 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
40567 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
839320 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
268250 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
40000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3077510 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
879320 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3305193 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4472 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
-5419 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-64881 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1782977 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
119678 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
28920 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
54797 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1811897 usd
us-gaap Interest Paid Net
InterestPaidNet
27932 usd
us-gaap Interest Paid Net
InterestPaidNet
8175 usd
OWPC Fair Value Of Common Shares Issued For Conversion Of Debt
FairValueOfCommonSharesIssuedForConversionOfDebt
1537750 usd
OWPC Value Of Commitment Shares Issued As Debt Discount
ValueOfCommitmentSharesIssuedAsDebtDiscount
268250 usd
OWPC Dividends Payable
DividendsPayable
19105 usd
OWPC Dividends Payable
DividendsPayable
34843 usd
OWPC Initial Recognition Of Rightofuse Assets And Lease Liabilities
InitialRecognitionOfRightofuseAssetsAndLeaseLiabilities
1535706 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_841_eus-gaap--UseOfEstimates_zULMoePr07qj" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_863_zEMFB65Qpdfc">Use of Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that may 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 these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q1 us-gaap Area Of Land
AreaOfLand
12400 sqft
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
57339000 cop
CY2022Q1 us-gaap Operating Lease Payments
OperatingLeasePayments
15290 usd
CY2022Q1 OWPC Annual Escalation Of Lease Payment Percent
AnnualEscalationOfLeasePaymentPercent
0.03 pure
CY2022Q2 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
0 usd
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
33510 usd
CY2022Q2 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
22132 usd
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
3800000 cop
CY2021Q3 us-gaap Operating Lease Payments
OperatingLeasePayments
1013 usd
CY2021 OWPC Original Issue Discounts
OriginalIssueDiscounts
53700 usd
OWPC Legal And Brokerage Fees
LegalAndBrokerageFees
39300 usd
CY2022Q2 us-gaap Cash
Cash
54797 usd
CY2022Q2 OWPC Working Capital
WorkingCapital
-1800626 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-21217884 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
125389 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
412673 usd
CY2021Q3 OWPC Annual Escalation Of Lease Payment Percent
AnnualEscalationOfLeasePaymentPercent
0.03 pure
us-gaap Operating Lease Payments
OperatingLeasePayments
1900000 cop
us-gaap Operating Lease Payments
OperatingLeasePayments
507 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
306030 usd
CY2021 OWPC Legal And Brokerage Fees
LegalAndBrokerageFees
39300 usd
OWPC Debt Discount
DebtDiscount
869329 usd
CY2021 OWPC Debt Discount
DebtDiscount
869329 usd
OWPC Amortization Of Debt Discount
AmortizationOfDebtDiscount
743940 usd
CY2021 OWPC Amortization Of Debt Discount
AmortizationOfDebtDiscount
456656 usd
OWPC Unamortized Debt Discounts
UnamortizedDebtDiscounts
125389 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
25105 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
31233 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
105805 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
81182 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
206096 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
108246 usd
CY2022Q2 us-gaap Inventory Gross
InventoryGross
337006 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
220661 usd
CY2022Q2 us-gaap Inventory Adjustments
InventoryAdjustments
21284 usd
CY2021Q4 us-gaap Inventory Adjustments
InventoryAdjustments
22066 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
315722 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
198595 usd
CY2022Q2 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
182379 usd
CY2021Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
147194 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
26683 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
29366 usd
CY2022Q2 OWPC Deferred Cost Of Goods Sold
DeferredCostOfGoodsSold
22132 usd
CY2021Q4 OWPC Deferred Cost Of Goods Sold
DeferredCostOfGoodsSold
19470 usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
110000 usd
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
231194 usd
CY2022Q2 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
410627 usd
CY2021Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
261044 usd
CY2022Q2 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
24557 usd
CY2021Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
9162 usd
CY2021 OWPC Unamortized Debt Discounts
UnamortizedDebtDiscounts
412673 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
869329 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
300600 usd
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
183819 usd
CY2022Q2 OWPC Accrued Fees And Contributions
AccruedFeesAndContributions
158985 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
60833 usd
OWPC Operating Lease Cost Interest On Lease Liabilities
OperatingLeaseCostInterestOnLeaseLiabilities
51131 usd
OWPC Operating Lease Cost Lease Payments On Short Term Leases
OperatingLeaseCostLeasePaymentsOnShortTermLeases
33067 usd
us-gaap Lease Cost
LeaseCost
145031 usd
CY2022Q2 OWPC Investment Ownership Percentage
InvestmentOwnershipPercentage
0.0499 pure
CY2022Q2 us-gaap Security Deposit
SecurityDeposit
1532055 usd
CY2021Q4 us-gaap Security Deposit
SecurityDeposit
1255988 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1130160 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1086959 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
108603 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
83946 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1021557 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1003013 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
24657 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
22998 usd
CY2021Q3 us-gaap Share Price
SharePrice
0.1001
CY2021Q3 OWPC Share Based Compensation Arrangement By Share Based Payment Award Options Call Option Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsCallOptionValue
358017 usd
CY2021Q4 OWPC Fair Value Commitment
FairValueCommitment
3250000 shares
OWPC Fair Value Of Commitment Shares Issued As Debt Discount
FairValueOfCommitmentSharesIssuedAsDebtDiscount
418312 usd
CY2021 OWPC Fair Value Of Commitment Shares Issued As Debt Discount
FairValueOfCommitmentSharesIssuedAsDebtDiscount
418312 usd
CY2021Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
3500000 shares
CY2021Q4 OWPC Accrued Fees And Contributions
AccruedFeesAndContributions
129856 usd
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
83992 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
57700 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
678161 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
457762 usd
CY2022Q2 OWPC Annual Escalation Of Lease Payment Percent
AnnualEscalationOfLeasePaymentPercent
0.08 pure
OWPC Value Of Warrants Issued As Debt Discount
ValueOfWarrantsIssuedAsDebtDiscount
358017 usd
CY2021 OWPC Value Of Warrants Issued As Debt Discount
ValueOfWarrantsIssuedAsDebtDiscount
358017 usd
OWPC Original Issue Discounts
OriginalIssueDiscounts
53700 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1483218 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
106999 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1389982 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1496981 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y6M
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0675 pure
OWPC Operating Cash Flows Used For Operating Leases
OperatingCashFlowsUsedForOperatingLeases
38725 usd
OWPC Total Operating Lease Liabilities
TotalOperatingLeaseLiabilities
1535706 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
100984 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
208004 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
205999 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
200496 usd
CY2022Q2 OWPC Lessee Operating Lease Liability Payments Due After Year Three
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearThree
1335816 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2051299 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
554318 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1496981 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
106999 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1389982 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
29753 usd
CY2022Q2 us-gaap Notes Payable
NotesPayable
852636 usd
CY2021Q4 us-gaap Notes Payable
NotesPayable
119274 usd
CY2022Q2 us-gaap Notes Payable Current
NotesPayableCurrent
152636 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
119274 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
700000 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
20032 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
18987 usd
CY2022Q2 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
40000 usd
CY2022Q2 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
200000 usd
CY2021Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
200000 usd
us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
8604 usd
us-gaap Interest Expense Debt
InterestExpenseDebt
29753 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
20032 usd
us-gaap Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
18987 usd
OWPC Interest Expense Related Party Short Term Borrowings
InterestExpenseRelatedPartyShortTermBorrowings
8604 usd
OWPC Amortization Of Beneficial Conversion Features
AmortizationOfBeneficialConversionFeatures
35333 usd
OWPC Amortization Of Beneficial Conversion Features
AmortizationOfBeneficialConversionFeatures
13786 usd
OWPC Amortization Of Debt Discounts Common Stock
AmortizationOfDebtDiscountsCommonStock
74414 usd
OWPC Amortization Of Debt Discounts Common Stock
AmortizationOfDebtDiscountsCommonStock
170033 usd
OWPC Amortization Of Debt Discounts Warrants
AmortizationOfDebtDiscountsWarrants
177537 usd
OWPC Interest On Accounts Payable
InterestOnAccountsPayable
11249 usd
OWPC Interest On Accounts Payable
InterestOnAccountsPayable
7289 usd
us-gaap Interest Expense
InterestExpense
356922 usd
us-gaap Interest Expense
InterestExpense
210095 usd
OWPC Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
-19105 usd
OWPC Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
-34843 usd
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
65861631 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
65861631 shares
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
82260 usd
CY2022Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
9082000 usd
us-gaap Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
The net operating loss carry forwards, if not utilized, will begin to expire in 2025
CY2022Q3 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
15866 usd

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