2020 Form 10-K Financial Statement

#000162828021006256 Filed on March 31, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $10.00M $2.690M $19.15M
YoY Change -47.78% -37.99%
Cost Of Revenue $3.357M $1.260M $9.020M
YoY Change -62.78% -23.57%
Gross Profit $6.644M $1.430M $10.13M
YoY Change -34.41% -46.91%
Gross Profit Margin 66.43% 53.16% 52.9%
Selling, General & Admin $17.01M $4.320M $18.11M
YoY Change -6.05% 1561.54% -4.58%
% of Gross Profit 256.08% 302.1% 178.77%
Research & Development $2.628M $900.0K $4.333M
YoY Change -39.35% -37.79%
% of Gross Profit 39.55% 62.94% 42.77%
Depreciation & Amortization $11.00K $70.00K $59.00K
YoY Change -81.36% -83.72% -4.84%
% of Gross Profit 0.17% 4.9% 0.58%
Operating Expenses $24.14M $5.210M $22.44M
YoY Change 7.58% 1903.85% -13.5%
Operating Profit -$17.50M -$3.780M -$12.31M
YoY Change 42.12% 79.4%
Interest Expense $3.413M -$100.0K $581.0K
YoY Change 487.44% -19.75%
% of Operating Profit
Other Income/Expense, Net -$4.699M $0.00 -$554.0K
YoY Change 748.19% -100.0% -83.28%
Pretax Income -$22.20M -$3.880M -$12.87M
YoY Change 72.52% 2325.0% 26.42%
Income Tax $2.000K $0.00 $5.000K
% Of Pretax Income
Net Earnings -$22.20M -$3.880M -$12.87M
YoY Change 72.47% 2325.0% 31.3%
Net Earnings / Revenue -221.97% -144.24% -67.21%
Basic Earnings Per Share -$0.50
Diluted Earnings Per Share -$0.50 -$98.45K -$349.0K
COMMON SHARES
Basic Shares Outstanding 44.27M shares 39.12M shares
Diluted Shares Outstanding 44.27M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.940M $280.0K $280.0K
YoY Change 1307.14% -66.67%
Cash & Equivalents $276.0K
Short-Term Investments
Other Short-Term Assets $300.0K $370.0K $370.0K
YoY Change -18.92% 1750.0% 37.04%
Inventory
Prepaid Expenses
Receivables $660.0K $1.671M $1.670M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.910M $2.315M $2.320M
YoY Change 111.64% -50.97% -50.85%
LONG-TERM ASSETS
Property, Plant & Equipment $10.00K $24.00K $20.00K
YoY Change -50.0% -63.64% -71.43%
Goodwill $25.86M
YoY Change -0.11%
Intangibles $253.0K
YoY Change -51.44%
Long-Term Investments
YoY Change
Other Assets $900.0K $600.0K $600.0K
YoY Change 50.0% -89.57% -89.57%
Total Long-Term Assets $26.93M $26.74M $26.73M
YoY Change 0.75% -16.86% -16.88%
TOTAL ASSETS
Total Short-Term Assets $4.910M $2.315M $2.320M
Total Long-Term Assets $26.93M $26.74M $26.73M
Total Assets $31.84M $29.05M $29.05M
YoY Change 9.6% -21.23% -21.23%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $8.460M $10.16M $10.16M
YoY Change -16.73% 2.72% 2.73%
Accrued Expenses $8.350M $4.035M $4.040M
YoY Change 106.68% 33.26% 33.33%
Deferred Revenue $3.360M
YoY Change 27.81%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0% -100.0%
Long-Term Debt Due $4.440M $0.00
YoY Change
Total Short-Term Liabilities $26.46M $19.83M $19.83M
YoY Change 33.43% -0.71% -0.7%
LONG-TERM LIABILITIES
Long-Term Debt $3.960M $910.0K $1.110M
YoY Change 256.76% -79.37%
Other Long-Term Liabilities $2.860M $3.850M $3.850M
YoY Change -25.71% 736.96% -31.74%
Total Long-Term Liabilities $6.820M $910.0K $4.960M
YoY Change 37.5% -54.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $26.46M $19.83M $19.83M
Total Long-Term Liabilities $6.820M $910.0K $4.960M
Total Liabilities $33.82M $25.03M $25.03M
YoY Change 35.12% -2.54% -19.39%
SHAREHOLDERS EQUITY
Retained Earnings -$123.6M
YoY Change 10.54%
Common Stock $4.000K
YoY Change 33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.980M $4.026M $4.030M
YoY Change
Total Liabilities & Shareholders Equity $31.84M $29.05M $29.05M
YoY Change 9.6% -21.23% -21.23%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income -$22.20M -$3.880M -$12.87M
YoY Change 72.47% 2325.0% 31.3%
Depreciation, Depletion And Amortization $11.00K $70.00K $59.00K
YoY Change -81.36% -83.72% -4.84%
Cash From Operating Activities -$10.97M -$290.0K -$6.187M
YoY Change 77.36% -67.42% -6.14%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 -$20.00K
YoY Change -100.0%
Acquisitions $0.00
YoY Change
Other Investing Activities $0.00 $0.00 $90.00K
YoY Change -100.0% -100.0% -76.32%
Cash From Investing Activities $0.00 $0.00 $70.00K
YoY Change -100.0% -100.0% -81.43%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.177M $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $14.60M 510.0K $99.00K
YoY Change 14643.43% -55.65% -99.2%
NET CHANGE
Cash From Operating Activities -$10.97M -290.0K -$6.187M
Cash From Investing Activities $0.00 0.000 $70.00K
Cash From Financing Activities $14.60M 510.0K $99.00K
Net Change In Cash $3.669M 220.0K -$5.982M
YoY Change -161.33% -2300.0% -199.11%
FREE CASH FLOW
Cash From Operating Activities -$10.97M -$290.0K -$6.187M
Capital Expenditures $0.00 $0.00 -$20.00K
Free Cash Flow -$10.97M -$290.0K -$6.167M
YoY Change 77.93%

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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2020 us-gaap Paid In Kind Interest
PaidInKindInterest
55000 USD
CY2019 us-gaap Paid In Kind Interest
PaidInKindInterest
0 USD
CY2020 phun Bad Debt Expense
BadDebtExpense
205000 USD
CY2019 phun Bad Debt Expense
BadDebtExpense
114000 USD
CY2020 phun Gain Loss On Settlement Of Accounts Payable
GainLossOnSettlementOfAccountsPayable
453000 USD
CY2019 phun Gain Loss On Settlement Of Accounts Payable
GainLossOnSettlementOfAccountsPayable
0 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
4492000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1784000 USD
CY2020 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 USD
CY2019 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
0 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-796000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1817000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-65000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-184000 USD
CY2020 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
427000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
740000 USD
CY2020 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1064000 USD
CY2019 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
1133000 USD
CY2020 phun Increase Decrease In Estimated Litigation Liability
IncreaseDecreaseInEstimatedLitigationLiability
3000000 USD
CY2019 phun Increase Decrease In Estimated Litigation Liability
IncreaseDecreaseInEstimatedLitigationLiability
0 USD
CY2020 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2049000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
581000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10973000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6187000 USD
CY2020 us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
0 USD
CY2019 us-gaap Proceeds From Sale Of Intangible Assets
ProceedsFromSaleOfIntangibleAssets
88000 USD
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
0 USD
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
18000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
70000 USD
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
14815000 USD
CY2019 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
1105000 USD
CY2020 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
560000 USD
CY2019 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
CY2020 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
8418000 USD
CY2020 phun Proceeds From Deposits Financing Activities
ProceedsFromDepositsFinancingActivities
0 USD
CY2019 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
0 USD
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
560000 USD
CY2019 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
CY2019 phun Proceeds From Deposits Financing Activities
ProceedsFromDepositsFinancingActivities
212000 USD
CY2020 phun Proceedsfrom Paymentsfor Factoring Agreement
ProceedsfromPaymentsforFactoringAgreement
1077000 USD
CY2019 phun Proceedsfrom Paymentsfor Factoring Agreement
ProceedsfromPaymentsforFactoringAgreement
1357000 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9177000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
CY2020 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
CY2019 us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
6092000 USD
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
99000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
287000 USD
CY2020 phun Payment For Series Cash Redemption
PaymentForSeriesCashRedemption
0 USD
CY2019 phun Payment For Series Cash Redemption
PaymentForSeriesCashRedemption
6240000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
14596000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
99000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
46000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
3669000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5982000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
362000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6344000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4031000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
362000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1251000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
603000 USD
CY2020 us-gaap Stock Issued1
StockIssued1
1283000 USD
CY2019 us-gaap Stock Issued1
StockIssued1
562000 USD
CY2020 phun Stock Issued Upon Conversion Of Debt
StockIssuedUponConversionOfDebt
2266000 USD
CY2019 phun Stock Issued Upon Conversion Of Debt
StockIssuedUponConversionOfDebt
0 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
1388000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
0 USD
CY2020 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
219000 USD
CY2019 phun Notes Waived
NotesWaived
1993000 USD
CY2019 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
0 USD
CY2020 phun Notes Waived
NotesWaived
0 USD
CY2020 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Reclassifications of Prior Year Presentation</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain amounts in the financial statements of prior periods have been reclassified to conform to the current period financial statement presentation. This reclassification had no effect on our reported results of operations. A reclassification was made to the consolidated balance sheet as of December 31, 2019 to identify related parties for debt issuances.</span></div>
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. GAAP requires management to make certain 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 revenue and expenses during the reporting period. Items subject to the use of estimates include, but are not limited to, the standalone selling price for our products and services, stock-based compensation, useful lives of long-lived assets including intangibles, fair value of intangible assets and the recoverability or impairment of tangible and intangible assets, including goodwill, reserves and certain accrued liabilities, the benefit period of deferred commissions, fair value of debt component of the convertible note at issuance, the fair value of the convertible note outstanding upon derecognition, assumptions used in Black-Scholes valuation method, such as expected volatility, risk-free interest rate and expected dividend rate and provision for (benefit from) income taxes. Actual results could differ from those estimates and such differences could be material to the consolidated financial statements.</span></div>
CY2020 phun Number Of Customers
NumberOfCustomers
1000 consumer
CY2019Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
309000 USD
CY2018Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
369000 USD
CY2020 phun Capitalized Contract Cost Increase From Deferral
CapitalizedContractCostIncreaseFromDeferral
94000 USD
CY2019 phun Capitalized Contract Cost Increase From Deferral
CapitalizedContractCostIncreaseFromDeferral
171000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
193000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
231000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
210000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Gross
CapitalizedContractCostGross
309000 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-top:12pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our financial instruments that are exposed to concentrations of credit risk consist primarily of cash and trade accounts receivable. Although we limit our exposure to credit loss by depositing our cash with established financial institutions that management believes have good credit ratings and represent minimal risk of loss of principal, our deposits, at times, may exceed federally insured limits. Collateral is not required for accounts receivable, and we believe the carrying value approximates fair value.</span></div>
CY2020Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 USD
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
91000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
86000 USD
CY2020Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1020000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
4850000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
356000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3179000 USD
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
664000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1671000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3179000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3276000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
205000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
114000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
3028000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
211000 USD
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
356000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3179000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
24000 USD
CY2020 us-gaap Depreciation
Depreciation
11000 USD
CY2019 us-gaap Depreciation
Depreciation
59000 USD
CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
14616198 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
7766489 shares
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10001000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19150000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10001000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
19150000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
2397000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3360000 USD
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
2678000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
3764000 USD
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
5075000 USD
CY2019Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
7124000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
4568000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
9202000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Percentage
RevenueRemainingPerformanceObligationPercentage
0.41
CY2020Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1
P12M
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3940000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
276000 USD
CY2020Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
91000 USD
CY2019Q4 us-gaap Restricted Cash Noncurrent
RestrictedCashNoncurrent
86000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4031000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
362000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
25857000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
25886000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
43000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-29000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
25900000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
25857000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10538000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10427000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10504000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
10251000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
253000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
142000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
268000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
90000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
21000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
111000 USD
CY2020Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
4112000 USD
CY2019Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
3202000 USD
CY2020Q4 phun Accounts Payable Settlement
AccountsPayableSettlement
627000 USD
CY2019Q4 phun Accounts Payable Settlement
AccountsPayableSettlement
0 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
449000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
355000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
165000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
323000 USD
CY2020Q4 phun Partner Revenue Share
PartnerRevenueShare
0 USD
CY2019Q4 phun Partner Revenue Share
PartnerRevenueShare
155000 USD
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5353000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4035000 USD
CY2016Q2 phun Advances Maximum Percentage Amount Of Eligible Accounts Receivable
AdvancesMaximumPercentageAmountOfEligibleAccountsReceivable
0.80
CY2020Q4 phun Factored Receivables Payable
FactoredReceivablesPayable
0 USD
CY2019Q4 phun Factored Receivables Payable
FactoredReceivablesPayable
1077000 USD
CY2020Q4 phun Future Advances
FutureAdvances
3000000 USD
CY2019Q4 phun Future Advances
FutureAdvances
1923000 USD
CY2020Q4 us-gaap Long Term Debt
LongTermDebt
10071000 USD
CY2019Q4 us-gaap Long Term Debt
LongTermDebt
1105000 USD
CY2020Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
1029000 USD
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
0 USD
CY2020Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
650000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
0 USD
CY2020Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
4435000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2020Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
195000 USD
CY2019Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
195000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3762000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
910000 USD
CY2020Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
2486000 USD
CY2019Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 USD
CY2020 phun Warrants And Rights Issued
WarrantsAndRightsIssued
2486000 USD
CY2020 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-872000 USD
CY2020Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
1614000 USD
CY2020 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
686000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
0 USD
CY2020 phun Amortization Of Warrant Costs
AmortizationOfWarrantCosts
1457000 USD
CY2019 phun Amortization Of Warrant Costs
AmortizationOfWarrantCosts
0 USD
CY2020 us-gaap Interest Expense
InterestExpense
3413000 USD
CY2019 us-gaap Interest Expense
InterestExpense
581000 USD
CY2020 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
843000 USD
CY2019 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
727000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
836000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
725000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
622000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
609000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
208000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
3000000 USD
CY2020 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-4500000 USD
CY2020Q4 us-gaap Litigation Reserve Current
LitigationReserveCurrent
3000000 USD
CY2020 phun Security Token Termination Period
SecurityTokenTerminationPeriod
P12M
CY2020 phun Dividends Percentageof Monthly Credits Purchased
DividendsPercentageofMonthlyCreditsPurchased
0.025
CY2018 phun Number Of Stockholders
NumberOfStockholders
68 stockholder
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
56380111 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
56380111 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
39817917 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
39817917 shares
CY2019 phun Warrant Exercised Cash
WarrantExercisedCash
617296 shares
CY2019 phun Aggregate Gross Proceeds From Exerciseof Warrants
AggregateGrossProceedsFromExerciseofWarrants
6184000 USD
CY2019 phun Stock Issued During Period Shares Warrants Exercised
StockIssuedDuringPeriodSharesWarrantsExercised
10913146 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
5996112 shares
CY2019Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
3836112 shares
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
4492000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1784000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-22197000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-12866000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.0001
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-4661000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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