$PMNT
Perfect Moment Ltd. Stock $pmnt

$pmnt Overview Financials Valuation SEC Filings Company Website

2024 Q1 Form 10-Q Financial Statement

#000149315224011153 Filed on March 25, 2024

Income Statement

Concept	2024 Q1	2023 Q4	2023 Q1
Revenue	$4.841M	$12.73M
YoY Change		-21.18%
Cost Of Revenue	$3.246M	$7.860M
YoY Change		-20.96%
Gross Profit	$1.595M	$4.866M
YoY Change		-21.54%
Gross Profit Margin	32.95%	38.24%
Selling, General & Admin	$6.986M	$2.659M
YoY Change		8.89%
% of Gross Profit	437.99%	54.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$118.0K	$158.0K	$288.0K
YoY Change	-59.03%	17.91%
% of Gross Profit	7.4%	3.25%
Operating Expenses	$6.986M	$4.138M
YoY Change		6.59%
Operating Profit	-$5.391M	$728.0K
YoY Change		-68.62%
Interest Expense	-$351.0K	$403.0K
YoY Change		-17.59%
% of Operating Profit		55.36%
Other Income/Expense, Net
YoY Change
Pretax Income	-$5.742M	$1.204M
YoY Change
Income Tax	$0.00
% Of Pretax Income
Net Earnings	-$5.742M	$1.204M
YoY Change		-63.15%
Net Earnings / Revenue	-118.61%	9.46%
Basic Earnings Per Share		$0.23
Diluted Earnings Per Share	-$0.37	$0.08
COMMON SHARES
Basic Shares Outstanding	15.65M shares	5.233B shares
Diluted Shares Outstanding		14.24B shares

Balance Sheet

Concept	2024 Q1	2023 Q4	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.910M	$3.370M
YoY Change
Cash & Equivalents	$7.910M	$3.370M	$4.712M
Short-Term Investments
Other Short-Term Assets	$436.0K	$7.916M
YoY Change
Inventory	$2.230M	$3.750M	$2.262M
Prepaid Expenses	$742.0K		$708.0K
Receivables	$1.035M	$3.487M	$997.0K
Other Receivables	$306.0K	$0.00
Total Short-Term Assets	$11.92M	$11.46M	$8.679M
YoY Change	37.31%
LONG-TERM ASSETS
Property, Plant & Equipment	$502.0K	$571.0K	$833.0K
YoY Change	-39.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$47.00K	$51.00K	$12.00K
YoY Change	291.67%
Total Long-Term Assets	$692.0K	$1.625M	$1.142M
YoY Change	-39.4%
TOTAL ASSETS
Total Short-Term Assets	$11.92M	$11.46M	$8.679M
Total Long-Term Assets	$692.0K	$1.625M	$1.142M
Total Assets	$12.61M	$13.08M	$9.821M
YoY Change	28.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$1.584M	$2.068M	$1.289M
YoY Change	22.89%
Accrued Expenses	$2.697M	$2.900M	$1.390M
YoY Change	94.03%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$12.86M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$4.802M	$18.40M	$13.95M
YoY Change	-65.59%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$44.00K	$15.00K
YoY Change
Total Long-Term Liabilities	$44.00K	$15.00K	$8.000K
YoY Change	450.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$4.802M	$18.40M	$13.95M
Total Long-Term Liabilities	$44.00K	$15.00K	$8.000K
Total Liabilities	$4.846M	$18.42M	$13.96M
YoY Change	-65.29%
SHAREHOLDERS EQUITY
Retained Earnings	-$48.98M	-$43.24M	-$40.26M
YoY Change	21.67%
Common Stock	$1.000K	$0.00	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$7.763M	-$5.331M	-$4.141M
YoY Change
Total Liabilities & Shareholders Equity	$12.61M	$13.08M	$9.821M
YoY Change	28.39%

Cashflow Statement

Concept	2024 Q1	2023 Q4	2023 Q1
OPERATING ACTIVITIES
Net Income	-$5.742M	$1.204M
YoY Change		-63.15%
Depreciation, Depletion And Amortization	$118.0K	$158.0K	$288.0K
YoY Change	-59.03%	17.91%
Cash From Operating Activities	-$1.375M	-$1.228M	$2.572M
YoY Change	-153.46%
INVESTING ACTIVITIES
Capital Expenditures	$17.00K	$112.0K	$73.00K
YoY Change	-76.71%
Acquisitions
YoY Change
Other Investing Activities			$0.00
YoY Change
Cash From Investing Activities	-$17.00K	-$112.0K	-$73.00K
YoY Change	-76.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net			$1.252M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	5.933M	203.0K	-1.877M
YoY Change	-416.09%
NET CHANGE
Cash From Operating Activities	-1.375M	-1.228M	2.572M
Cash From Investing Activities	-17.00K	-112.0K	-73.00K
Cash From Financing Activities	5.933M	203.0K	-1.877M
Net Change In Cash	4.541M	-1.137M	622.0K
YoY Change	630.06%
FREE CASH FLOW
Cash From Operating Activities	-$1.375M	-$1.228M	$2.572M
Capital Expenditures	$17.00K	$112.0K	$73.00K
Free Cash Flow	-$1.392M	-$1.340M	$2.499M
YoY Change	-155.7%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q1	us-gaap	Deferred Offering Costs DeferredOfferingCosts		usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue		usd
CY2023Q1	us-gaap	Common Stock Value CommonStockValue		usd
	us-gaap	Inventory Write Down InventoryWriteDown		usd
	PMNT	Increase Decrease In Due From Factor IncreaseDecreaseInDueFromFactor		usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts		usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock		usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock		usd
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt		usd
	PMNT	Repayment Of Shareholder Loan RepaymentOfShareholderLoan		usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Interest Paid Net InterestPaidNet		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
	PMNT	Recognition Of Operating Lease Right Of Use Assets And Lease Obligations RecognitionOfOperatingLeaseRightOfUseAssetsAndLeaseObligations		usd
CY2023Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent		usd
CY2023Q1	us-gaap	Other Inventory In Transit OtherInventoryInTransit		usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount Current DebtInstrumentUnamortizedDiscountCurrent		usd
CY2023Q4	us-gaap	Purchase Obligation PurchaseObligation	0	usd
CY2023Q4	us-gaap	Common Stock Value CommonStockValue		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-12-31
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	001-41930
	dei	Entity Registrant Name EntityRegistrantName	Perfect Moment Ltd.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	86-1437114
	dei	Entity Address Address Line1 EntityAddressAddressLine1	307 Canalot Studios
	dei	Entity Address Address Line2 EntityAddressAddressLine2	222 Kensal Road
	dei	Entity Address City Or Town EntityAddressCityOrTown	London
	dei	Entity Address Country EntityAddressCountry	GB
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	W10 5BN
	dei	City Area Code CityAreaCode	+44
	dei	Local Phone Number LocalPhoneNumber	(0)204 558 8849
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	No
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2024Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15653449	shares
CY2023Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	923000	usd
CY2023Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	51000	usd
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	12000	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	1625000	usd
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	1142000	usd
CY2023Q4	us-gaap	Assets Assets	13084000	usd
CY2023Q1	us-gaap	Assets Assets	9821000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2068000	usd
CY2023Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	1289000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2900000	usd
CY2023Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	1390000	usd
CY2023Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	999000	usd
CY2023Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	26000	usd
CY2023Q4	us-gaap	Convertible Debt Current ConvertibleDebtCurrent	11862000	usd
CY2023Q1	us-gaap	Convertible Debt Current ConvertibleDebtCurrent	10770000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	66000	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	299000	usd
CY2023Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	505000	usd
CY2023Q1	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	180000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	18400000	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	13954000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	15000	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	8000	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	15000	usd
CY2023Q1	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	8000	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5233402	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5233402	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4824352	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4824352	shares
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	1000	usd
CY2023Q1	us-gaap	Preferred Stock Value PreferredStockValue	1000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	38107000	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	35910000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-204000	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	203000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-43235000	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-40255000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-4141000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13084000	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	9821000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	12726000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	16146000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19602000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19426000	usd
CY2023Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	7860000	usd
CY2022Q4	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	9944000	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	11966000	usd
CY2023Q4	us-gaap	Gross Profit GrossProfit	4866000	usd
CY2022Q4	us-gaap	Gross Profit GrossProfit	6202000	usd
	us-gaap	Gross Profit GrossProfit	7636000	usd
CY2023Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2659000	usd
CY2022Q4	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	2442000	usd
	us-gaap	Selling General And Administrative Expense SellingGeneralAndAdministrativeExpense	6839000	usd
CY2023Q4	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	1479000	usd
CY2022Q4	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	1440000	usd
	us-gaap	Marketing And Advertising Expense MarketingAndAdvertisingExpense	3081000	usd
CY2023Q4	us-gaap	Operating Expenses OperatingExpenses	4138000	usd
CY2022Q4	us-gaap	Operating Expenses OperatingExpenses	3882000	usd
	us-gaap	Operating Expenses OperatingExpenses	9920000	usd
CY2023Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	728000	usd
CY2022Q4	us-gaap	Operating Income Loss OperatingIncomeLoss	2320000	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2284000	usd
CY2023Q4	us-gaap	Interest Expense InterestExpense	403000	usd
CY2022Q4	us-gaap	Interest Expense InterestExpense	489000	usd
	us-gaap	Interest Expense InterestExpense	1169000	usd
CY2023Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	879000	usd
CY2022Q4	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	1436000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Before Tax ForeignCurrencyTransactionGainLossBeforeTax	473000	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	1204000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	3267000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2980000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-758000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-923000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-407000	usd
CY2023Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	446000	usd
CY2022Q4	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	2344000	usd
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-3387000	usd
CY2023Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.23
CY2022Q4	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.68
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.58
CY2022Q4	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.24
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.58
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-1.64
CY2023Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5233402000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4824352000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5133187000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4781897000	shares
CY2023Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	14236268000	shares
CY2022Q4	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	13778458000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	5133187000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	4781897000	shares
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	-5230000	usd
CY2022Q4	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	-191000	usd
CY2022Q4	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	1599000	usd
CY2022Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-923000	usd
CY2022Q4	us-gaap	Net Income Loss NetIncomeLoss	3267000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-1478000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	-5781000	usd
CY2023Q4	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	4000	usd
CY2023Q4	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-758000	usd
CY2023Q4	us-gaap	Net Income Loss NetIncomeLoss	1204000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-3375000	usd
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	95000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	3795000	usd
	us-gaap	Stock Issued During Period Value Other StockIssuedDuringPeriodValueOther	5200000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	645000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7838000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	-1478000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-4141000	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-4141000	usd
	us-gaap	Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition	18000	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	2179000	usd
	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	-407000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2980000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2980000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2980000	usd
	us-gaap	Net Income Loss NetIncomeLoss	-7838000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	437000	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	408000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	169000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	-25000	usd
	us-gaap	Inventory Write Down InventoryWriteDown	419000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	371000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Unrealized ForeignCurrencyTransactionGainLossUnrealized	-440000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	493000	usd
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	767000	usd
	PMNT	Accrued Interest AccruedInterest	600000	usd
	PMNT	Accrued Interest AccruedInterest	560000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2571000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4667000	usd
	PMNT	Increase Decrease In Due From Factor IncreaseDecreaseInDueFromFactor	8000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1822000	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	1094000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	158000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	-253000	usd
	PMNT	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	-217000	usd
	PMNT	Increase Decrease In Operating Lease Right Of Use Asset IncreaseDecreaseInOperatingLeaseRightOfUseAsset	-127000	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-223000	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-114000	usd
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	704000	usd
	us-gaap	Increase Decrease In Accounts Payable Trade IncreaseDecreaseInAccountsPayableTrade	165000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	1537000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-79000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	268000	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-259000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3078000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-6361000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	194000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	277000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-194000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-277000	usd
	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	923000	usd
	PMNT	Proceeds From Trade Finance Facilities Net ProceedsFromTradeFinanceFacilitiesNet	1847000	usd
	PMNT	Proceeds From Trade Finance Facilities Net ProceedsFromTradeFinanceFacilitiesNet	4132000	usd
	PMNT	Repayment Of Trade Finance Facilities Net RepaymentOfTradeFinanceFacilitiesNet	874000	usd
	PMNT	Repayment Of Trade Finance Facilities Net RepaymentOfTradeFinanceFacilitiesNet	1560000	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2179000	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	5200000	usd
	us-gaap	Proceeds From Other Debt ProceedsFromOtherDebt	210000	usd
	PMNT	Repayment Of Shareholder Loan RepaymentOfShareholderLoan	537000	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	2709000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	12726000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2229000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	10154000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-126000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	149000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1169000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	3665000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4712000	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1575000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3543000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	5240000	usd
	PMNT	Recognition Of Operating Lease Right Of Use Assets And Lease Obligations RecognitionOfOperatingLeaseRightOfUseAssetsAndLeaseObligations	404000	usd
	us-gaap	Nature Of Operations NatureOfOperations	<p id="xdx_806_eus-gaap--NatureOfOperations_zEbISSHELek4" 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"><b>NOTE 1. <span id="xdx_829_z64KqFU5iJSb">NATURE OF OPERATIONS AND BASIS OF PRESENTATION</span></b></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 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Nature of operations</i></b></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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Perfect Moment Ltd., a Delaware corporation (“Perfect Moment” or “PML” and, together with its subsidiaries unless the context otherwise requires, the “Company”), is an owner and operator of a luxury fashion brand that offers ski, surf, and activewear collections under the brand name Perfect Moment. The Company’s collections are sold directly to customers through e-commerce, sales to wholesale accounts and through other sales partnerships.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><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 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Basis of presentation</i></b></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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information and the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, they do not include all of the information and footnotes required for complete consolidated financial statements. In the opinion of our management, these condensed consolidated financial statements contain all normal recurring adjustments considered necessary for a fair presentation of the Company’s financial position at December 31, 2023, results of operations for the three and nine months ended December 31, 2023 and 2022, consolidated statements of shareholders’ deficit for the three and nine months ended December 31, 2023 and 2022, and cash flows for the nine months ended December 31, 2023 and 2022. The Company’s results for the three and nine months ended December 31, 2023 are not necessarily indicative of the results expected for the full year. You should read our unaudited condensed consolidated interim financial statements and footnotes in conjunction with our audited consolidated financial statements and footnotes for the fiscal year ended March 31, 2023, included in the Company’s final prospectus for its initial public offering (“IPO”) dated February 7, 2024 and filed with the Securities and Exchange Commission (the “SEC”) on February 9, 2024. The terms “fiscal 2024” and “fiscal 2023” refer to the Company’s fiscal year ending March 31, 2024 and fiscal year ended March 31, 2023, respectively. The figures in the notes to the financials are presented in thousands, therefore the 000’s are removed.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 27pt"><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 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Principles of consolidation</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i> </i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">These unaudited condensed consolidated financial statements include the accounts of Perfect Moment Ltd. and its wholly owned subsidiaries; Perfect Moment Asia Limited (“PMA”), Perfect Moment (UK) Limited (“PMUK”) and Perfect Moment TM Sarl. These unaudited condensed consolidated financial statements have been prepared on the same basis as the annual financial statements and reflect all adjustments which are, in the opinion of management, necessary for the fair statement of the financial information for the interim periods presented. All intercompany balances and transactions have been eliminated. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
	us-gaap	Net Income Loss NetIncomeLoss	-2980000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3078000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84E_eus-gaap--UseOfEstimates_zKjJXSRuqSUf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86F_zs9XEkB34oca">Use of estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: 0.5in"><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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and judgments in applying the Company’s accounting policies that affect the reported amounts and disclosures made in the condensed consolidated financial statements and accompanying notes. Management continually evaluates the estimates and judgments it uses. These estimates and judgments have been applied in a manner consistent with prior periods and there are no known trends, commitments, events or uncertainties that management believe will materially affect the methodology or assumptions utilized in making these estimates and judgments in these financial statements. Significant estimates inherent in the preparation of the condensed consolidated financial statements include reserves for uncollectible accounts receivables, realizability of inventory; customer returns; useful lives and impairments of long-lived tangible and intangible assets; accounting for income taxes and related uncertain tax positions; and the valuation of stock-based compensation awards. Actual results may differ from these judgements and estimates under different assumptions or conditions and any such differences may be material.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	512000	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	341000	usd
CY2023Q4	us-gaap	Receivables Net Current ReceivablesNetCurrent	3487000	usd
CY2023Q1	us-gaap	Receivables Net Current ReceivablesNetCurrent	997000	usd
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1	segment
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	16146000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19602000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19426000	usd
	us-gaap	Revenue Recognition Deferred Revenue RevenueRecognitionDeferredRevenue	<p id="xdx_84F_eus-gaap--RevenueRecognitionDeferredRevenue_zJ7Ab0xYZo01" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86E_zQHGsiXyl7l9">Revenue recognition</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; 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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The majority of the Company’s revenue is recognized at a point in time based on the transfer of control. In addition, the majority of the Company’s contracts do not contain variable consideration and contract modifications are minimal. The majority of the Company’s revenue arrangements generally consists of a single performance obligation to transfer promised goods. Revenue is reported net of markdowns, discounts and sales taxes collected from customers on behalf of taxing authorities. Revenue is also presented net of an allowance for expected returns where contracts include the right of return.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><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"><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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company estimates returns on an ongoing basis to estimate the consideration from the customer that the Company expects to ultimately receive. Consideration in determining the Company’s estimates for returns may include agreements with customers, the Company’s return policy and historical and current trends. The Company records the returns as a reduction to net sales in its consolidated statements of operations and the recognition of a provision for returns within accrued expenses in its consolidated balance sheets and the estimated value of inventory expected to be returned as an adjustment to inventories, net. As of December 31, 2023 and March 31, 2023, the returns provision was $<span id="xdx_906_ecustom--ProvisionForInventoryReturns_iI_pn3n3_c20231231_zuIlyckQhV9f" title="Provision for inventory returns">523</span> and $<span id="xdx_90F_ecustom--ProvisionForInventoryReturns_iI_pn3n3_c20230331_z4xYs1y8gEwe" title="Provision for inventory returns">370</span></span>, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_89F_ecustom--DisclosureOfRevenueFromContractWithCustomerTableTextBlock_zOFL9XAWsJV5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue is comprised of direct-to-consumer ecommerce revenue through the Company’s website and revenue related to wholesalers. The following table details the revenue split:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zdIPsOmTUpEh" style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE OF REVENUE SPLIT</span></span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="font: 10pt Times New Roman, Times, Serif; display: none; vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49E_20231001__20231231_zmmlzr7FmZy8" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_49D_20221001__20221231_zjgYJvjUmdj2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_499_20230401__20231231_zwO8kyvpMGF8" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" id="xdx_496_20220401__20221231_z9hKTKP3Dueg" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Three Months Ended</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">Nine Months Ended</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="border-bottom: Black 1.5pt solid; font-weight: bold; text-align: center">December 31, 2022</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td><td> </td> <td colspan="2"> </td><td> </td></tr> <tr id="xdx_405_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_hsrt--ProductOrServiceAxis__custom--WholesaleRevenueMember_zyzlvN4sLyZ9" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 36%; text-align: left">Wholesale revenues</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">8,974</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">13,101</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">13,827</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 12%; text-align: right">14,917</td><td style="width: 1%; text-align: left"> </td></tr> <tr id="xdx_402_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_hsrt--ProductOrServiceAxis__custom--EcommerceRevenueMember_ziAhjPNnOYBb" style="vertical-align: bottom; background-color: White"> <td style="text-align: left; padding-bottom: 1.5pt">Ecommerce revenues</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">3,752</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">3,045</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">5,775</td><td style="padding-bottom: 1.5pt; text-align: left"> </td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">4,509</td><td style="padding-bottom: 1.5pt; text-align: left"> </td></tr> <tr id="xdx_409_eus-gaap--RevenueFromContractWithCustomerExcludingAssessedTax_pn3n3_maGPzRnl_zDb7vSveFwa3" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Total Revenues</td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">12,726</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">16,146</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">19,602</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td><td style="font-weight: bold; padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">$</td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">19,426</td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"> </td></tr> </table> <p id="xdx_8A6_z83AwozJgIE3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Revenue is recognized when performance obligations are satisfied through the transfer of control of promised goods to the Company’s customers. Control transfers once a customer has the ability to direct the use of, and obtain substantially all of the benefits from, the product. This includes the transfer of legal title, physical possession, the risks and rewards of ownership, and customer acceptance. For direct-to-consumer ecommerce revenue, the Company receives payment before the customer receives the promised goods. Revenue is only recognized once the goods have been delivered to the customer. Sales to wholesale customers are recognized when the customer has control which will depend on the agreed upon International Commercial Terms (“inco-terms”). For inventories sold on consignment to wholesalers, the Company records revenue when the inventory is sold to the third-party customer by the wholesaler. The Company may issue merchant credits, which are essentially refund credits. The merchant credits are initially deferred and subsequently recognized as revenue when tendered for payment. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><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 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s business is significantly affected by the pattern of seasonality common to most retail apparel businesses. Historically, the Company has recognized a significant portion of its revenue in the third and fourth fiscal quarters of each year as a result of increased net revenue during the ski season. For the nine months ended December 31, 2023, we recognized a significant amount of wholesale revenue in the second quarter related to early shipments of our fall and winter collections that was recognized in the third quarter last year. For the six months ended September 30, 2023, our wholesale revenue was up $<span id="xdx_909_ecustom--IncreaseDecreaseInRevenue_pn3n3_c20230401__20230930__srt--ProductOrServiceAxis__custom--WholesaleRevenueMember_zBtDmMf16Uyj" title="Increase in revenue">3,009</span> or <span id="xdx_90E_ecustom--IncreaseInRevenuePercentage_pid_dp_c20230401__20230930__srt--ProductOrServiceAxis__custom--WholesaleRevenueMember_z6IqFW5OUhlb" title="Increase in revenue percentage">165</span>% versus the six months ended September 30, 2022. In addition to timing of shipment and revenue recognition, our wholesale accounts had significantly higher purchases in fiscal year 2022 due to the post Covid rebound.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0.25in; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q4	PMNT	Provision For Inventory Returns ProvisionForInventoryReturns	523000	usd
CY2023Q1	PMNT	Provision For Inventory Returns ProvisionForInventoryReturns	370000	usd
CY2023Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	12726000	usd
CY2022Q4	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	16146000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19602000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	19426000	usd
	us-gaap	Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate	0	pure
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	9094885	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	8968277	shares
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3370000	usd
CY2022Q4	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	44000	usd
	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	292000	usd
	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	197000	usd
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5233402	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5233402	shares
CY2023Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	3370000	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4712000	usd
CY2023Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	173000	usd
CY2023Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	3543000	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4712000	usd
CY2023Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	4434000	usd
CY2023Q1	us-gaap	Inventory Finished Goods InventoryFinishedGoods	2685000	usd
CY2023Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	691000	usd
CY2023Q1	us-gaap	Inventory Raw Materials InventoryRawMaterials	585000	usd
CY2023Q4	us-gaap	Other Inventory In Transit OtherInventoryInTransit	52000	usd
CY2023Q4	us-gaap	Inventory Gross InventoryGross	5177000	usd
CY2023Q1	us-gaap	Inventory Gross InventoryGross	3270000	usd
CY2023Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	1427000	usd
CY2023Q1	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	1008000	usd
CY2023Q4	us-gaap	Inventory Net InventoryNet	3750000	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	2262000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	2230000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	2025000	usd
CY2023Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1659000	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	1192000	usd
CY2023Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	571000	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	833000	usd
CY2023Q4	us-gaap	Depreciation Depreciation	158000	usd
CY2022Q4	us-gaap	Depreciation Depreciation	134000	usd
	us-gaap	Depreciation Depreciation	432000	usd
	us-gaap	Depreciation Depreciation	398000	usd
CY2023Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	999000	usd
CY2023Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	26000	usd
CY2023Q4	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	173000	usd
	us-gaap	Short Term Debt Interest Rate Increase ShortTermDebtInterestRateIncrease	0.10	pure
CY2023Q4	us-gaap	Line Of Credit Facility Current Borrowing Capacity LineOfCreditFacilityCurrentBorrowingCapacity	1847000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	874000	usd
CY2023Q4	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	11862000	usd
CY2023Q1	us-gaap	Debt Instrument Carrying Amount DebtInstrumentCarryingAmount	11262000	usd
CY2023Q1	us-gaap	Debt Instrument Unamortized Discount Current DebtInstrumentUnamortizedDiscountCurrent	492000	usd
CY2023Q4	us-gaap	Convertible Debt Current ConvertibleDebtCurrent	11862000	usd
CY2023Q1	us-gaap	Convertible Debt Current ConvertibleDebtCurrent	10770000	usd
CY2021Q1	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2023-12-15
CY2023Q4	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2024-02-14
CY2023Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	10002000	usd
	us-gaap	Debt Instrument Increase Accrued Interest DebtInstrumentIncreaseAccruedInterest	1860000	usd
CY2023Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	10002000	usd
CY2023	us-gaap	Debt Instrument Increase Accrued Interest DebtInstrumentIncreaseAccruedInterest	1260000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	1168000	usd
CY2023Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	492000	usd
CY2022Q4	us-gaap	Debt Instrument Unamortized Discount DebtInstrumentUnamortizedDiscount	767000	usd
CY2023Q4	us-gaap	Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized	27000	usd
CY2023Q4	us-gaap	Cash Cash	3543000	usd
CY2023Q1	us-gaap	Cash Cash	4712000	usd
CY2023Q4	us-gaap	Cash Cash	3543000	usd
CY2023Q1	us-gaap	Cash Cash	4712000	usd
CY2023Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	usd
CY2023Q4	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	55000	usd
CY2022Q4	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	44000	usd
	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	292000	usd
	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	197000	usd
CY2023Q4	us-gaap	Related Party Transaction Amounts Of Transaction RelatedPartyTransactionAmountsOfTransaction	55000	usd
CY2023Q4	us-gaap	Restricted Cash Current RestrictedCashCurrent	173000	usd
CY2023Q4	us-gaap	Other Assets Current OtherAssetsCurrent	7916000	usd
CY2023Q4	us-gaap	Assets Current AssetsCurrent	11459000	usd
CY2023Q4	us-gaap	Deferred Offering Costs DeferredOfferingCosts	923000	usd
CY2023Q4	PMNT	Other Assets Noncurrent Total OtherAssetsNoncurrentTotal	702000	usd
CY2023Q4	us-gaap	Assets Noncurrent AssetsNoncurrent	1625000	usd
CY2023Q4	us-gaap	Assets Assets	13084000	usd
CY2023Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	2068000	usd
CY2023Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	2900000	usd
CY2023Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	999000	usd
CY2023Q4	us-gaap	Convertible Debt Current ConvertibleDebtCurrent	11862000	usd
CY2023Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	66000	usd
CY2023Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	505000	usd
CY2023Q4	us-gaap	Liabilities Current LiabilitiesCurrent	18400000	usd
CY2023Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	15000	usd
CY2023Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	15000	usd
CY2023Q4	us-gaap	Liabilities Liabilities	18415000	usd
CY2023Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5233402	shares
CY2023Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5233402	shares
CY2023Q4	us-gaap	Preferred Stock Value PreferredStockValue	1000	usd
CY2023Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	38107000	usd
CY2023Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-204000	usd
CY2023Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-43235000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
CY2023Q4	us-gaap	Stockholders Equity StockholdersEquity	-5331000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13084000	usd
CY2023Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	13084000	usd
CY2023Q4	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2023Q4	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
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CY2023Q4	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

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2024 Q1 Form 10-Q Financial Statement

#000149315224011153 Filed on March 25, 2024

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$PMNT Perfect Moment Ltd. Stock $pmnt

2024 Q1 Form 10-Q Financial Statement

#000149315224011153 Filed on March 25, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$PMNT
Perfect Moment Ltd. Stock $pmnt