2024 Q3 Form 10-Q Financial Statement
#000149315224033467 Filed on August 21, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
Revenue | $1.517K | $1.254K |
YoY Change | -74.31% | 1572.0% |
Cost Of Revenue | $310.00 | $229.00 |
YoY Change | -59.58% | 73.48% |
Gross Profit | $1.207K | $1.025K |
YoY Change | -76.51% | -1898.25% |
Gross Profit Margin | 79.56% | 81.74% |
Selling, General & Admin | $374.5K | |
YoY Change | -23.81% | |
% of Gross Profit | 36531.71% | |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% |
% of Gross Profit | 0.0% | 0.0% |
Operating Expenses | $372.8K | $374.5K |
YoY Change | -3.88% | -25.1% |
Operating Profit | -$371.6K | -$373.4K |
YoY Change | -2.9% | -25.31% |
Interest Expense | -$369.0K | |
YoY Change | -816.17% | |
% of Operating Profit | ||
Other Income/Expense, Net | -$363.0K | -$491.6K |
YoY Change | 437.19% | 943.18% |
Pretax Income | -$865.1K | |
YoY Change | 58.11% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$734.6K | -$865.1K |
YoY Change | 63.13% | 58.11% |
Net Earnings / Revenue | -48424.46% | -68983.97% |
Basic Earnings Per Share | -$0.01 | -$0.01 |
Diluted Earnings Per Share | -$0.01 | -$0.01 |
COMMON SHARES | ||
Basic Shares Outstanding | 105.0M shares | 104.3M shares |
Diluted Shares Outstanding | 113.6M shares | 112.6M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $362.2K | |
YoY Change | 106.68% | |
Cash & Equivalents | $81.63K | $362.2K |
Short-Term Investments | ||
Other Short-Term Assets | $38.04K | |
YoY Change | -68.85% | |
Inventory | $16.63K | $18.15K |
Prepaid Expenses | $16.74K | $38.04K |
Receivables | $179.00 | |
Other Receivables | ||
Total Short-Term Assets | $115.2K | $418.4K |
YoY Change | -68.1% | -31.69% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | ||
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $85.00K | |
YoY Change | -58.84% | |
Total Long-Term Assets | $160.0K | $160.0K |
YoY Change | -94.0% | -93.92% |
TOTAL ASSETS | ||
Total Short-Term Assets | $115.2K | $418.4K |
Total Long-Term Assets | $160.0K | $160.0K |
Total Assets | $275.2K | $578.4K |
YoY Change | -90.91% | -82.18% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $575.0K | $536.3K |
YoY Change | -29.52% | -34.49% |
Accrued Expenses | $1.056M | $961.7K |
YoY Change | -14.77% | -24.6% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $1.201M | |
YoY Change | -13.55% | |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $3.270M | $2.925M |
YoY Change | -27.55% | -20.09% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $2.237M | |
YoY Change | 198.24% | |
Other Long-Term Liabilities | ||
YoY Change | ||
Total Long-Term Liabilities | $2.237M | |
YoY Change | 198.24% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $3.270M | $2.925M |
Total Long-Term Liabilities | $2.237M | |
Total Liabilities | $5.360M | $5.162M |
YoY Change | 18.76% | 17.03% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$30.23M | -$29.50M |
YoY Change | 23.44% | 22.7% |
Common Stock | $105.9K | $104.3K |
YoY Change | 37.99% | 42.2% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$9.809M | -$9.159M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $275.2K | $578.4K |
YoY Change | -90.91% | -82.18% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$734.6K | -$865.1K |
YoY Change | 63.13% | 58.11% |
Depreciation, Depletion And Amortization | $0.00 | $0.00 |
YoY Change | -100.0% | -100.0% |
Cash From Operating Activities | -$480.0K | |
YoY Change | 70.83% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $75.00K | |
YoY Change | ||
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$75.00K | |
YoY Change | ||
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 876.5K | |
YoY Change | 141.79% | |
NET CHANGE | ||
Cash From Operating Activities | -480.0K | |
Cash From Investing Activities | -75.00K | |
Cash From Financing Activities | 876.5K | |
Net Change In Cash | 321.5K | |
YoY Change | 294.29% | |
FREE CASH FLOW | ||
Cash From Operating Activities | -$480.0K | |
Capital Expenditures | $75.00K | |
Free Cash Flow | -$555.0K | |
YoY Change | 97.53% |
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NetIncomeLoss
|
-865059 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-547130 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2566081 | usd | |
CY2023Q2 | OWPC |
Gain Loss On Foreign Currency Translation
GainLossOnForeignCurrencyTranslation
|
-6768 | usd |
OWPC |
Gain Loss On Foreign Currency Translation
GainLossOnForeignCurrencyTranslation
|
-42328 | usd | |
OWPC |
Gain Loss On Foreign Currency Translation
GainLossOnForeignCurrencyTranslation
|
178201 | usd | |
CY2024Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-865059 | usd |
CY2023Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-553898 | usd |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-2608409 | usd | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-884867 | usd | |
CY2024Q2 | OWPC |
Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
|
-14916 | usd |
CY2023Q2 | OWPC |
Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
|
-15952 | usd |
OWPC |
Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
|
-29832 | usd | |
OWPC |
Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
|
-28725 | usd | |
CY2024Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-879975 | usd |
CY2023Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-569850 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2638241 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-913592 | usd | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
112565240 | shares |
CY2024Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
112565240 | shares |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2024Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.01 | |
CY2024Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.00 | |
CY2023Q2 | 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 | ||
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-8803028 | usd |
CY2024Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
88723 | usd |
CY2024Q2 | OWPC |
Commitment Shares Issued Pursuant To Promissory Note
CommitmentSharesIssuedPursuantToPromissoryNote
|
80185 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
351638 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
3852 | usd |
CY2024Q2 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.60 | |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
14916 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-865059 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9158605 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5841870 | usd |
CY2023Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
89850 | usd |
CY2023Q2 | OWPC |
Commitment Shares Issued Pursuant To Promissory Note
CommitmentSharesIssuedPursuantToPromissoryNote
|
42175 | usd |
OWPC |
Stock Issued During Period Value Common Stock Issued Pursuant To Debt Modifications
StockIssuedDuringPeriodValueCommonStockIssuedPursuantToDebtModifications
|
724086 | usd | |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
580804 | usd | |
OWPC |
Commitment Shares Issued Pursuant To Promissory Note
CommitmentSharesIssuedPursuantToPromissoryNote
|
163478 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
351638 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
7704 | usd | |
us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.60 | ||
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
29832 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-42328 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2566081 | usd | |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-9158605 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5836258 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5836258 | usd |
us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
89850 | usd | |
OWPC |
Commitment Shares Issued Pursuant To Promissory Note
CommitmentSharesIssuedPursuantToPromissoryNote
|
42175 | usd | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
300000 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
73338 | usd | |
us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.60 | ||
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
28725 | usd | |
us-gaap |
Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
28725 | usd | |
us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
178201 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1063068 | usd | |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-6244487 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-6244487 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-2566081 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1063068 | usd | |
us-gaap |
Depreciation
Depreciation
|
16304 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-724086 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
4397 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
329310 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2035 | usd | |
OWPC |
Series A Preferred Stock Issued For Services
SeriesAPreferredStockIssuedForServices
|
45000 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
580804 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
89850 | usd | |
OWPC |
Stock Options Issued For Services
StockOptionsIssuedForServices
|
7704 | usd | |
OWPC |
Stock Options Issued For Services
StockOptionsIssuedForServices
|
73338 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-562 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
18153 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
249212 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
24888 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
76171 | usd | |
OWPC |
Increase Decrease In Other Assets
IncreaseDecreaseInOtherAssets
|
26570 | usd | |
OWPC |
Increase Decrease In Right Of Use Assets
IncreaseDecreaseInRightOfUseAssets
|
-34391 | usd | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
58 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
7693 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
20600 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
229818 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
327053 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-642 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-31940 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-729707 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-842925 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
5046 | usd | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
75000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-75000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-5046 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
347000 | usd | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
207000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1728500 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
262500 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
660000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
550000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1208500 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
812500 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
-42328 | usd | |
us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
199690 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
361465 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
164219 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
726 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
11016 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
362191 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
175235 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
99996 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
35550 | usd | |
CY2023Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
29832 | usd |
CY2022Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
28725 | usd |
OWPC |
Value Of Debt Discounts Attributable To Commitment Shares To Related Parties
ValueOfDebtDiscountsAttributableToCommitmentSharesToRelatedParties
|
9839 | usd | |
OWPC |
Value Of Debt Discounts Attributable To Commitment Shares
ValueOfDebtDiscountsAttributableToCommitmentShares
|
153639 | usd | |
OWPC |
Value Of Debt Discounts Attributable To Commitment Shares
ValueOfDebtDiscountsAttributableToCommitmentShares
|
42175 | usd | |
OWPC |
Value Of Debt Discounts Attributable To Commitment Warrants
ValueOfDebtDiscountsAttributableToCommitmentWarrants
|
351638 | usd | |
us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
-220272 | usd | |
CY2023 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
-1564823 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84B_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zvlxG1MZGmkj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86D_zkObOhqczvm5">Reclassifications</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain reclassifications have been made to the prior years’ financial statements to conform to current year presentation. These reclassifications had no effect on previously reported results of operations or retained earnings.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84F_eus-gaap--UseOfEstimates_zVL3ZTtMxug9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_860_z9EIBoiExDwc">Use of Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2024Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q2 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
127434 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
362191 | usd |
CY2024Q2 | OWPC |
Working Capital
WorkingCapital
|
-2506932 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-29495767 | usd |
CY2023Q4 | us-gaap |
Proceeds From Issuance Of Financial Services Obligations
ProceedsFromIssuanceOfFinancialServicesObligations
|
1200000 | usd |
us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
-220272 | usd | |
CY2023 | us-gaap |
Deconsolidation Gain Or Loss Amount
DeconsolidationGainOrLossAmount
|
-1564823 | usd |
CY2024Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
724086 | usd |
CY2024Q1 | us-gaap |
Investment Maturity Date
InvestmentMaturityDate
|
2027-03-01 | |
CY2024Q1 | us-gaap |
Percentage Of Interest Bearing Domestic Deposits To Deposits
PercentageOfInterestBearingDomesticDepositsToDeposits
|
0.10 | pure |
CY2024Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.07 | pure |
CY2024Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
2193981 | usd |
CY2024Q1 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
10971000 | shares |
CY2024Q1 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
724086 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
434289 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
24136 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
18153 | usd |
CY2024Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
85000 | usd |
CY2023Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
85000 | usd |
CY2024Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
853530 | usd |
CY2023Q4 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
665417 | usd |
CY2024Q2 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
108175 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
273951 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
961705 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
939368 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Noncurrent
DebtInstrumentUnamortizedDiscountNoncurrent
|
7153 | usd |
CY2024Q2 | us-gaap |
Notes Payable
NotesPayable
|
2236828 | usd |
CY2023Q4 | us-gaap |
Notes Payable
NotesPayable
|
1146500 | usd |
OWPC |
Amortization Of Debt Discounts
AmortizationOfDebtDiscounts
|
2686 | usd | |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
434289 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
24136 | usd |
OWPC |
Fair Value Of Commitment Shares Issued As Debt Discount
FairValueOfCommitmentSharesIssuedAsDebtDiscount
|
153638 | usd | |
CY2023 | OWPC |
Fair Value Of Commitment Shares Issued As Debt Discount
FairValueOfCommitmentSharesIssuedAsDebtDiscount
|
42175 | usd |
OWPC |
Fair Value Of Prefunded Warrants
FairValueOfPrefundedWarrants
|
351638 | usd | |
OWPC |
Original Issue Discounts
OriginalIssueDiscounts
|
188000 | usd | |
CY2023 | OWPC |
Original Issue Discounts
OriginalIssueDiscounts
|
24000 | usd |
OWPC |
Legal And Brokerage Fees
LegalAndBrokerageFees
|
43500 | usd | |
CY2023 | OWPC |
Legal And Brokerage Fees
LegalAndBrokerageFees
|
13500 | usd |
OWPC |
Debt Discount
DebtDiscount
|
736776 | usd | |
CY2023 | OWPC |
Debt Discount
DebtDiscount
|
79675 | usd |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
302487 | usd | |
CY2023 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
26233 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
434289 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
53442 | usd |
OWPC |
Debt Discount
DebtDiscount
|
736776 | usd | |
CY2023 | OWPC |
Debt Discount
DebtDiscount
|
79675 | usd |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
2035 | usd | |
CY2024Q2 | OWPC |
Investment Ownership Percentage
InvestmentOwnershipPercentage
|
0.0499 | pure |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
15123 | usd | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
29753 | usd | |
OWPC |
Interest Expense Related Party Short Term Borrowings
InterestExpenseRelatedPartyShortTermBorrowings
|
72409 | usd | |
OWPC |
Interest Expense Related Party Short Term Borrowings
InterestExpenseRelatedPartyShortTermBorrowings
|
38764 | usd | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
54169 | usd | |
us-gaap |
Interest Expense Short Term Borrowings
InterestExpenseShortTermBorrowings
|
39046 | usd | |
OWPC |
Amortization Of Debt Discounts Related Parties
AmortizationOfDebtDiscountsRelatedParties
|
2686 | usd | |
OWPC |
Amortization Of Debt Discounts Common Stock
AmortizationOfDebtDiscountsCommonStock
|
107224 | usd | |
OWPC |
Amortization Of Debt Discounts Common Stock
AmortizationOfDebtDiscountsCommonStock
|
1077 | usd | |
OWPC |
Amortization Of Debt Discounts Warrants
AmortizationOfDebtDiscountsWarrants
|
92065 | usd | |
OWPC |
Amortization Of Beneficial Conversion Features
AmortizationOfBeneficialConversionFeatures
|
127335 | usd | |
OWPC |
Amortization Of Beneficial Conversion Features
AmortizationOfBeneficialConversionFeatures
|
958 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
471011 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
109598 | usd | |
us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.06 | pure | |
OWPC |
Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
|
-29832 | usd | |
OWPC |
Series Convertible Preferred Stock Declared
SeriesConvertiblePreferredStockDeclared
|
-28725 | usd | |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
104329919 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
104329919 | shares |
CY2024Q1 | us-gaap |
Additional Collateral Aggregate Fair Value
AdditionalCollateralAggregateFairValue
|
724086 | usd |
CY2024Q1 | us-gaap |
Investment Maturity Date
InvestmentMaturityDate
|
2027-03-01 | |
CY2024Q1 | us-gaap |
Percentage Of Interest Bearing Domestic Deposits To Deposits
PercentageOfInterestBearingDomesticDepositsToDeposits
|
0.10 | pure |
CY2024Q1 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.07 | pure |
CY2024Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
2193981 | usd |
CY2024Q1 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
10971000 | shares |
CY2024Q1 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
724086 | usd |
OWPC |
Amortization Of Common Stock Options Issued For Services
AmortizationOfCommonStockOptionsIssuedForServices
|
7704 | usd | |
OWPC |
Amortization Of Common Stock Options Issued For Services
AmortizationOfCommonStockOptionsIssuedForServices
|
73338 | usd | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
|
0.14 | |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P6Y8M26D | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7704 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
73338 | usd | |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
22678317 | shares |
CY2024Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.18 | |
OWPC |
Class Of Warrant Weighted Average Life
ClassOfWarrantWeightedAverageLife
|
P4Y7M13D | ||
us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
92065 | usd | |
CY2024Q2 | us-gaap |
Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
|
259573 | usd |
CY2024Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
10966000 | usd |
OWPC |
Operating Loss Carryforwards Expiration
OperatingLossCarryforwardsExpiration
|
The net operating loss carry forwards, if not utilized, will begin to expire in 2025. |