2023 Q1 Form 10-Q Financial Statement

#000149315223004913 Filed on February 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $43.68M $38.71M $70.10M
YoY Change -37.69% -40.16% 189.8%
Cost Of Revenue $31.77M $26.18M $49.05M
YoY Change -35.22% -37.9% 165.04%
Gross Profit $11.91M $12.53M $21.05M
YoY Change -43.43% -44.38% 270.42%
Gross Profit Margin 27.26% 32.36% 30.03%
Selling, General & Admin $12.07M $13.55M $14.77M
YoY Change -18.28% 65.52% 157.77%
% of Gross Profit 101.32% 108.18% 70.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.569M $3.309M $3.657M
YoY Change 24.93% -28.43% 184.21%
% of Gross Profit 38.36% 26.42% 17.37%
Operating Expenses $15.39M $16.86M $18.42M
YoY Change -16.44% 41.53% 199.82%
Operating Profit -$3.485M -$4.333M $2.631M
YoY Change -232.47% -140.84% -670.59%
Interest Expense -$93.87K -$320.4K -$169.4K
YoY Change -44.58% 68.37% -44.42%
% of Operating Profit -6.44%
Other Income/Expense, Net -$3.010K -$490.8K $50.00
YoY Change -6120.0% -136445.0% -99.98%
Pretax Income -$3.582M -$4.824M $2.461M
YoY Change -245.52% -146.3% -631.11%
Income Tax -$639.2K -$721.1K $1.934M
% Of Pretax Income 78.57%
Net Earnings -$3.708M -$4.103M $527.4K
YoY Change -803.11% -145.25% -213.8%
Net Earnings / Revenue -8.49% -10.6% 0.75%
Basic Earnings Per Share -$0.04
Diluted Earnings Per Share -$0.03 -$0.04 $22.13K
COMMON SHARES
Basic Shares Outstanding 117.8M shares 117.4M shares
Diluted Shares Outstanding 117.3M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $39.13M $27.09M $23.28M
YoY Change 68.09% -1.17% -80.33%
Cash & Equivalents $39.13M $27.09M $23.28M
Short-Term Investments
Other Short-Term Assets $5.627M $4.339M $3.424M
YoY Change 64.33% 10.58% 42.52%
Inventory $54.34M $67.15M $59.02M
Prepaid Expenses $5.127M $3.839M $3.424M
Receivables $29.35M $30.42M $43.96M
Other Receivables $0.00 $15.00K
Total Short-Term Assets $128.5M $129.0M $129.7M
YoY Change -0.96% 4.47% -10.94%
LONG-TERM ASSETS
Property, Plant & Equipment $55.96M $55.29M $37.64M
YoY Change 48.69% 57.63% 59.19%
Goodwill $90.87M $90.87M $90.87M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.029M $9.657M $11.36M
YoY Change -38.13% -41.39% 519.62%
Total Long-Term Assets $283.9M $289.2M $284.5M
YoY Change -0.21% 0.52% 742.7%
TOTAL ASSETS
Total Short-Term Assets $128.5M $129.0M $129.7M
Total Long-Term Assets $283.9M $289.2M $284.5M
Total Assets $412.3M $418.2M $414.2M
YoY Change -0.44% 1.71% 130.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $18.08M $20.96M $26.82M
YoY Change -32.58% -14.17% 513.39%
Accrued Expenses $4.353M $4.299M $6.179M
YoY Change -29.54% -27.63% 49.73%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $825.7K
YoY Change -100.0% -100.0% -24.33%
Long-Term Debt Due $441.3K $616.7K $684.6K
YoY Change -35.55% -7.88% 9.52%
Total Short-Term Liabilities $25.46M $28.20M $35.82M
YoY Change -28.92% -20.83% 196.1%
LONG-TERM LIABILITIES
Long-Term Debt $10.92M $10.97M $219.5K
YoY Change 4876.96% 2807.96% -95.49%
Other Long-Term Liabilities $1.044M $1.139M $2.295M
YoY Change -54.53% -49.03% 11.02%
Total Long-Term Liabilities $11.97M $12.11M $2.515M
YoY Change 375.81% 363.67% -63.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $25.46M $28.20M $35.82M
Total Long-Term Liabilities $11.97M $12.11M $2.515M
Total Liabilities $39.74M $43.12M $39.87M
YoY Change -0.34% 7.61% 109.52%
SHAREHOLDERS EQUITY
Retained Earnings -$18.94M -$15.23M -$11.24M
YoY Change 68.51%
Common Stock $118.3K $117.9K $385.5M
YoY Change -99.97%
Preferred Stock
YoY Change
Treasury Stock (at cost) $522.2K $290.9K
YoY Change
Treasury Stock Shares
Shareholders Equity $372.6M $375.1M $374.3M
YoY Change
Total Liabilities & Shareholders Equity $412.3M $418.2M $414.2M
YoY Change -0.44% 1.71% 130.9%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income -$3.708M -$4.103M $527.4K
YoY Change -803.11% -145.25% -213.8%
Depreciation, Depletion And Amortization $4.569M $3.309M $3.657M
YoY Change 24.93% -28.43% 184.21%
Cash From Operating Activities $17.12M $721.2K $6.412M
YoY Change 167.06% -79.81% -169.96%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 -$6.351M
YoY Change -100.0% -100.0% 115.48%
Acquisitions
YoY Change
Other Investing Activities -$1.975M -$2.161M $0.00
YoY Change -72133.33%
Cash From Investing Activities -$1.975M -$2.161M -$6.351M
YoY Change -68.9% -71.68% 115.48%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.109M -971.1K -4.195M
YoY Change -25.87% -33.77% -103.76%
NET CHANGE
Cash From Operating Activities 17.12M 721.2K 6.412M
Cash From Investing Activities -1.975M -2.161M -6.351M
Cash From Financing Activities -3.109M -971.1K -4.195M
Net Change In Cash 12.04M -2.411M -4.133M
YoY Change -391.32% -56.35% -104.16%
FREE CASH FLOW
Cash From Operating Activities $17.12M $721.2K $6.412M
Capital Expenditures $0.00 $0.00 -$6.351M
Free Cash Flow $17.12M $721.2K $12.76M
YoY Change 34.17% -93.56% -305.25%

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us-gaap Net Income Loss
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us-gaap Preferred Stock Dividends Income Statement Impact
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CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2021Q4 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q2 us-gaap Dividends Preferred Stock
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CY2021Q2 us-gaap Stock Issued During Period Value Issued For Services
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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CY2021Q2 us-gaap Stock Issued During Period Value New Issues
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CY2021Q2 us-gaap Dividends Preferred Stock
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CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q2 us-gaap Stockholders Equity
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CY2021Q3 POWW Stock Issued During Period Value For Exercised Warrants
StockIssuedDuringPeriodValueForExercisedWarrants
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CY2021Q3 POWW Stock Issued During Period Value Issued For Serviceand Equipment
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CY2021Q3 us-gaap Dividends Preferred Stock
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CY2021Q3 us-gaap Net Income Loss
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 POWW Stock Issued During Period Value For Exercised Warrants
StockIssuedDuringPeriodValueForExercisedWarrants
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CY2021Q4 POWW Stock Issued During Period Value Issued For Serviceand Equipment
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CY2021Q4 us-gaap Stock Issued During Period Value Employee Stock Ownership Plan
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CY2021Q4 POWW Adjustments To Additional Paid In Stock Grants
AdjustmentsToAdditionalPaidInStockGrants
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CY2021Q4 POWW Stock Issued During Period Value For Common Stock Warrant Issuance
StockIssuedDuringPeriodValueForCommonStockWarrantIssuance
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CY2021Q4 us-gaap Dividends Preferred Stock Stock
DividendsPreferredStockStock
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CY2021Q4 us-gaap Dividends Preferred Stock
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CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 us-gaap Stockholders Equity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Amortization Of Debt Discount Premium
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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us-gaap Employee Benefits And Share Based Compensation Noncash
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us-gaap Employee Benefits And Share Based Compensation Noncash
EmployeeBenefitsAndShareBasedCompensationNoncash
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POWW Stock Grants
StockGrants
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POWW Stock Grants
StockGrants
197110 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
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4200 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12950972 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
12778103 usd
POWW Warrant Issued For Services
WarrantIssuedForServices
106909 usd
POWW Warrant Issued For Services
WarrantIssuedForServices
148508 usd
POWW Contingent Consideration Fair Value
ContingentConsiderationFairValue
45572 usd
POWW Contingent Consideration Fair Value
ContingentConsiderationFairValue
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1327419 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1097985 usd
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
12044 usd
POWW Reduction In Right Of Use Asset
ReductionInRightOfUseAsset
512063 usd
POWW Reduction In Right Of Use Asset
ReductionInRightOfUseAsset
496469 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
1283481 usd
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
15000 usd
us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Inventories
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us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
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us-gaap Increase Decrease In Prepaid Expense
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us-gaap Increase Decrease In Deposit Other Assets
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us-gaap Increase Decrease In Deposit Other Assets
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accounts Payable
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-522917 usd
us-gaap Increase Decrease In Operating Lease Liability
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18431421 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
12868156 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
59800 usd
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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POWW Payments On Inventor Facility
PaymentsOnInventorFacility
825675 usd
POWW Payments On Inventor Facility
PaymentsOnInventorFacility
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POWW Proceeds From Factoring Liablity
ProceedsFromFactoringLiablity
57300000 usd
POWW Proceeds From Factoring Liablity
ProceedsFromFactoringLiablity
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POWW Payments On Factoring Liability
PaymentsOnFactoringLiability
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POWW Payments On Factoring Liability
PaymentsOnFactoringLiability
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us-gaap Repayments Of Related Party Debt
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us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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POWW Repayments From Insurance Premium Note Payment
RepaymentsFromInsurancePremiumNotePayment
1916070 usd
POWW Repayments From Insurance Premium Note Payment
RepaymentsFromInsurancePremiumNotePayment
1922651 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
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POWW Payments On Construction Note Payable
PaymentsOnConstructionNotePayable
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us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2195075 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
160757 usd
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
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us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
56046 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
943907 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
50000000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
4000000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
35000000 usd
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
3199922 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3553100 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4312139 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
23281475 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
118341471 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1302811 usd
POWW Construction Note Payable
ConstructionNotePayable
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POWW Insurance Premium Note Payment
InsurancePremiumNotePayment
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POWW Insurance Premium Note Payment
InsurancePremiumNotePayment
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POWW Dividends Accumulated On Preferred Stock
DividendsAccumulatedOnPreferredStock
-144334 usd
POWW Dividends Accumulated On Preferred Stock
DividendsAccumulatedOnPreferredStock
-144561 usd
POWW Operating Lease Liabilities
OperatingLeaseLiabilities
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POWW Operating Lease Liabilities
OperatingLeaseLiabilities
501125 usd
POWW Non Cash Warrant Issued For Services
NonCashWarrantIssuedForServices
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POWW Non Cash Warrant Issued For Services
NonCashWarrantIssuedForServices
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POWW Acquisition Stock Issuances
AcquisitionStockIssuances
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POWW Non Cash Warrant Issued For Services One
NonCashWarrantIssuedForServicesOne
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CY2016Q4 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-25
CY2021Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_zK61HcT0XTlj" 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><span id="xdx_86E_zhnG1nWFPNQk">Use of Estimates</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; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires us to make estimates and assumptions that affect the amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the balance sheet and reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates made in preparing the condensed consolidated financial statements include the valuation of allowances for doubtful accounts, valuation of deferred tax assets, inventories, useful lives of assets, goodwill, intangible assets, stock-based compensation and warrant-based compensation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"> </p>
CY2022Q4 us-gaap Goodwill
Goodwill
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CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
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CY2022Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3055252 usd
CY2022Q4 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
38711494 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
147756079 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
170167603 usd
us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
We measure recognized income tax positions at the largest amount that is greater than 50% likely of being realized
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zRMoD6L9xkw4" 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><span id="xdx_86E_zPKLK9ECPzHi">Concentrations of Credit Risk</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; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Accounts at banks are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $<span id="xdx_906_eus-gaap--CashFDICInsuredAmount_iI_c20221231__srt--RangeAxis__srt--MaximumMember_zyHrWKtMeSN1" title="Cash FDIC insured amount">250,000</span>. As of December 31, 2022, our bank account balances exceeded federally insured limits.</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>
CY2022Q4 POWW Excise Tax Percentage
ExciseTaxPercentage
0.11 pure
POWW Excise Tax Amount
ExciseTaxAmount
7800000 usd
POWW Excise Tax Amount
ExciseTaxAmount
10300000 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-4102992 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
9067867 usd
us-gaap Net Income Loss
NetIncomeLoss
-1653472 usd
us-gaap Net Income Loss
NetIncomeLoss
32720039 usd
CY2022Q4 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
782639 usd
CY2021Q4 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
782582 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2339409 usd
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1902966 usd
CY2022Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4885631 usd
CY2021Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8285285 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3992881 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
30817073 usd
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
117348511 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
114757014 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
116950013 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
111289024 shares
CY2021Q4 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
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us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
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CY2021Q4 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q4 us-gaap Earnings Per Share Basic
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CY2021Q4 us-gaap Earnings Per Share Basic
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CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Depreciation
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CY2022Q4 us-gaap Depreciation
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us-gaap Depreciation
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CY2021Q4 us-gaap Depreciation
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POWW Factoring Liability
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CY2022Q4 POWW Interest Expenses On Factoring Liability
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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AmortizationOfCommitmentFee
37500 usd
POWW Amortization Of Commitment Fee
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37500 usd
CY2021Q4 POWW Interest Expenses On Factoring Liability
InterestExpensesOnFactoringLiability
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InterestExpensesOnFactoringLiability
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CY2021Q4 POWW Amortization Of Commitment Fee
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37500 usd
POWW Amortization Of Commitment Fee
AmortizationOfCommitmentFee
37500 usd
CY2021Q2 us-gaap Debt Instrument Maturity Date
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2023-06-17
POWW Interest Expenses On Inventory Credit Facility
InterestExpensesOnInventoryCreditFacility
6580 usd
POWW Interest Expenses On Inventory Credit Facility
InterestExpensesOnInventoryCreditFacility
24256 usd
POWW Amortization Of Annual Fee
AmortizationOfAnnualFee
8561 usd
CY2021Q3 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
501125 usd
CY2022Q1 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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CY2022Q1 us-gaap Operating Lease Right Of Use Asset
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CY2022Q1 us-gaap Operating Lease Liability
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CY2022Q1 us-gaap Operating Lease Liability Current
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CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1498787 usd
CY2022Q1 us-gaap Operating Lease Liability Noncurrent
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CY2022Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
2922780 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P3Y4M24D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.100 pure
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
351962 usd
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LesseeOperatingLeaseLiabilityPaymentsDueYearFour
257508 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
43516 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
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CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
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CY2022Q4 us-gaap Interest Expense Related Party
InterestExpenseRelatedParty
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InterestExpenseRelatedParty
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DebtInstrumentPeriodicPaymentPrincipal
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CY2022Q4 us-gaap Restricted Cash Current
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CY2022Q4 us-gaap Common Stock Shares Authorized
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CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.001
POWW Stock Issued During Period Value Warrants Exercised
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56046 usd
CY2022Q4 us-gaap Shares Issued Price Per Share
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CY2022Q4 us-gaap Stock Issued During Period Value Issued For Services
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2000000 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
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CY2021Q2 POWW Business Combination Working Capital Adjustment
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CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Contingent Liability
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CY2021Q2 POWW Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Common Stock
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCommonStock
132645000 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLiabilities
50000000 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
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243920840 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Receivables
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsReceivables
17002362 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
478963 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedEquipment
1051980 usd
CY2021Q2 POWW Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deposits
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeposits
703389 usd
CY2021Q2 POWW Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Intangible Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedOtherIntangibleAssets
146617380 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
12514919 usd
CY2021Q2 us-gaap Goodwill
Goodwill
90870094 usd
CY2021Q2 POWW Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Right Of Use Assets Operating Leases
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRightOfUseAssetsOperatingLeases
612727 usd
CY2021Q2 POWW Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accrued Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccruedLiabilities
196780 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Capital Lease Obligation
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCapitalLeaseObligation
704356 usd
CY2021Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
243920840 usd
CY2021Q2 POWW Business Acquisitions Pro Forma Interest And Debt Expense
BusinessAcquisitionsProFormaInterestAndDebtExpense
1800000 usd
CY2021Q2 POWW Business Acquisitions Pro Forma Depreciation And Amortization
BusinessAcquisitionsProFormaDepreciationAndAmortization
900000 usd
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
178213024 usd
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
37266527 usd
CY2022Q4 us-gaap Amortization Of Intangible Assets
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3266761 usd
us-gaap Amortization Of Intangible Assets
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9800281 usd
CY2021Q4 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3535805 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
9593127 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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13074489 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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12664775 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
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12553355 usd
CY2022Q4 POWW Finite Lived Intangible Assets Amortization Expense After Year Four
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
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132026325 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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38711494 usd
CY2022Q4 us-gaap Cost Of Goods And Services Sold
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26184315 usd
CY2022Q4 us-gaap Selling General And Administrative Expense
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13551380 usd
CY2022Q4 us-gaap Depreciation Depletion And Amortization
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3309074 usd
CY2022Q4 us-gaap Operating Income Loss
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Cost Of Goods And Services Sold
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us-gaap Depreciation Depletion And Amortization
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us-gaap Operating Income Loss
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CY2021Q4 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
64689186 usd
CY2021Q4 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
42166320 usd
CY2021Q4 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
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CY2021Q4 us-gaap Depreciation Depletion And Amortization
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CY2021Q4 us-gaap Operating Income Loss
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Cost Of Goods And Services Sold
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us-gaap Selling General And Administrative Expense
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us-gaap Operating Income Loss
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CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.149 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
4.821 pure
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.130 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.040 pure

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