2022 Q4 Form 10-Q Financial Statement

#000149315222032181 Filed on November 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $4.160M $4.153M $2.582M
YoY Change 59.12% 60.88% 53.67%
Cost Of Revenue $767.6K $862.9K $660.7K
YoY Change 13.07% 30.6% 65.18%
Gross Profit $3.392M $3.291M $1.921M
YoY Change 75.27% 71.3% 50.07%
Gross Profit Margin 81.55% 79.22% 74.41%
Selling, General & Admin $4.133M $4.094M $2.008M
YoY Change 82.43% 103.84% -1.06%
% of Gross Profit 121.85% 124.42% 104.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $724.5K $713.4K $387.7K
YoY Change 40.09% 84.0% 14.04%
% of Gross Profit 21.36% 21.68% 20.18%
Operating Expenses $4.858M $5.670M $2.396M
YoY Change 74.56% 136.64% 1.1%
Operating Profit -$1.466M -$1.517M -$475.2K
YoY Change 72.95% 219.21% -56.4%
Interest Expense -$280.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$3.653M $7.639M -$120.0K
YoY Change -79.44% -6464.22% -14.26%
Pretax Income -$19.49M $6.122M -$595.2K
YoY Change 4.72% -1128.53% -51.61%
Income Tax
% Of Pretax Income
Net Earnings -$19.49M $6.122M -$595.2K
YoY Change 4.72% -1128.53% -51.61%
Net Earnings / Revenue -468.59% 147.4% -23.06%
Basic Earnings Per Share $0.35 -$0.05
Diluted Earnings Per Share -$21.28 -$0.10 -$54.39K
COMMON SHARES
Basic Shares Outstanding 18.05M shares 16.46M shares 10.94M shares
Diluted Shares Outstanding 17.42M shares 10.94M shares

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $505.4K $1.615M $5.655M
YoY Change -87.78% -71.44% 56451.0%
Cash & Equivalents $1.910M $3.025M $6.139M
Short-Term Investments
Other Short-Term Assets $1.654M $1.809M $718.9K
YoY Change -41.22% 151.64% 35.65%
Inventory
Prepaid Expenses
Receivables $1.068M $1.025M $956.8K
Other Receivables $16.85K $37.67K $2.060K
Total Short-Term Assets $3.265M $4.488M $7.333M
YoY Change -59.09% -38.8% 1122.15%
LONG-TERM ASSETS
Property, Plant & Equipment $186.9K $199.0K $1.231M
YoY Change 43.36% -83.83% 35.28%
Goodwill $19.11M $33.49M
YoY Change 90.17%
Intangibles $13.76M $14.36M
YoY Change 94.34%
Long-Term Investments $900.0K $1.350M $1.350M
YoY Change -33.33% 0.0% 0.0%
Other Assets $23.28K $23.28K $16.79K
YoY Change 38.66% 38.68% -91.61%
Total Long-Term Assets $35.16M $50.75M $18.90M
YoY Change 78.54% 168.55% 6.82%
TOTAL ASSETS
Total Short-Term Assets $3.265M $4.488M $7.333M
Total Long-Term Assets $35.16M $50.75M $18.90M
Total Assets $38.43M $55.23M $26.23M
YoY Change 38.85% 110.58% 43.41%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.221M $1.222M $714.8K
YoY Change 123.23% 70.9% 138.26%
Accrued Expenses $131.3K $538.0K $391.1K
YoY Change -94.72% 37.57% 551.82%
Deferred Revenue
YoY Change
Short-Term Debt $154.0K $310.0K $0.00
YoY Change -100.0%
Long-Term Debt Due $1.119M $1.027M $890.9K
YoY Change 22.41% 15.23% 304.95%
Total Short-Term Liabilities $7.794M $7.971M $2.059M
YoY Change -82.67% 287.08% -68.56%
LONG-TERM LIABILITIES
Long-Term Debt $12.35M $12.64M $7.690M
YoY Change 74.3% 64.39% -10.69%
Other Long-Term Liabilities $7.703M $4.577M $3.715M
YoY Change 482.98% 23.18% 27.68%
Total Long-Term Liabilities $12.35M $12.64M $11.40M
YoY Change 74.3% 10.83% -1.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.794M $7.971M $2.059M
Total Long-Term Liabilities $12.35M $12.64M $11.40M
Total Liabilities $29.52M $26.87M $13.46M
YoY Change -45.08% 99.55% -25.49%
SHAREHOLDERS EQUITY
Retained Earnings -$26.99M -$7.500M
YoY Change -19.33%
Common Stock $104.9K $1.551M
YoY Change -88.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $8.911M $28.37M $12.76M
YoY Change
Total Liabilities & Shareholders Equity $38.43M $55.23M $26.23M
YoY Change 38.85% 110.58% 43.41%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$19.49M $6.122M -$595.2K
YoY Change 4.72% -1128.53% -51.61%
Depreciation, Depletion And Amortization $724.5K $713.4K $387.7K
YoY Change 40.09% 84.0% 14.04%
Cash From Operating Activities -$1.012M -$866.6K $188.9K
YoY Change 6.64% -558.68% -115.74%
INVESTING ACTIVITIES
Capital Expenditures $109.7K -$356.7K -$202.3K
YoY Change -132.7% 76.29%
Acquisitions
YoY Change
Other Investing Activities $450.0K $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $340.3K -$356.7K -$202.3K
YoY Change -201.44% 76.29% -74.71%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -443.1K -149.5K -679.9K
YoY Change 89.11% -78.01% -135.78%
NET CHANGE
Cash From Operating Activities -1.012M -866.6K 188.9K
Cash From Investing Activities 340.3K -356.7K -202.3K
Cash From Financing Activities -443.1K -149.5K -679.9K
Net Change In Cash -1.115M -1.373M -693.3K
YoY Change -26.59% 98.01% 593.29%
FREE CASH FLOW
Cash From Operating Activities -$1.012M -$866.6K $188.9K
Capital Expenditures $109.7K -$356.7K -$202.3K
Free Cash Flow -$1.122M -$509.9K $391.3K
YoY Change 82.84% -230.33% -132.6%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001812727
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2022Q3 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
usd
CY2021Q4 us-gaap Notes And Loans Receivable Net Current
NotesAndLoansReceivableNetCurrent
usd
CY2021Q4 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
usd
CY2021Q4 RELI Chargeback Reserve Current
ChargebackReserveCurrent
usd
CY2021Q4 RELI Short Term Financing Agreements
ShortTermFinancingAgreements
usd
CY2022Q3 RELI Warrant Commitment Current
WarrantCommitmentCurrent
usd
CY2021Q4 RELI Warrant Liability Non Current
WarrantLiabilityNonCurrent
usd
CY2022Q3 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q3 us-gaap Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
usd
CY2021Q3 RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
usd
RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
usd
CY2022Q1 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
usd
CY2022Q1 us-gaap Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
usd
CY2022Q3 RELI Shares Issued Due To Conversion Of Preferred Stock
SharesIssuedDueToConversionOfPreferredStock
usd
CY2021Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
usd
CY2021Q2 RELI Stock Issued During Period Value Initial Public Offering
StockIssuedDuringPeriodValueInitialPublicOffering
usd
CY2021Q1 RELI Stock Issued During Period Value Initial Public Offering
StockIssuedDuringPeriodValueInitialPublicOffering
usd
CY2021Q1 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
usd
RELI Issuance Of Series D Warrants
IssuanceOfSeriesDWarrants
usd
RELI Stock Issued During Period Value Initial Public Offering
StockIssuedDuringPeriodValueInitialPublicOffering
usd
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
usd
RELI Earnout Fair Value And Writeoff Adjustments
EarnoutFairValueAndWriteoffAdjustments
usd
RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
usd
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
usd
RELI Proceeds From Loan For Business Acquisition
ProceedsFromLoanForBusinessAcquisition
usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
usd
RELI Net Proceeds From Private Placement Issuance Of Shares And Warrants
NetProceedsFromPrivatePlacementIssuanceOfSharesAndWarrants
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
RELI Issuance Of Placement Agent Warrants
IssuanceOfPlacementAgentWarrants
usd
RELI Prepaid Insurance Acquired Through Shortterm Financing
PrepaidInsuranceAcquiredThroughShorttermFinancing
usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
usd
RELI Cashless Conversion Of Series D Warrants Into Common Stock
CashlessConversionOfSeriesDWarrantsIntoCommonStock
usd
us-gaap Stock Issued1
StockIssued1
usd
RELI Issuance Of Common Stock Pursuant To Purchase Of Software
IssuanceOfCommonStockPursuantToPurchaseOfSoftware
usd
RELI Acquisition Of Business Deferred Purchase Price
AcquisitionOfBusinessDeferredPurchasePrice
usd
CY2020Q4 RELI Warrant Commitment
WarrantCommitment
usd
CY2022Q3 RELI Deemed Dividend
DeemedDividend
usd
CY2021Q3 RELI Deemed Dividend
DeemedDividend
usd
CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
CY2022Q3 RELI Effect Of Series C Warrants
EffectOfSeriesCWarrants
shares
CY2021Q3 RELI Effect Of Series C Warrants
EffectOfSeriesCWarrants
shares
CY2021Q3 RELI Effect Of Series D Warrants
EffectOfSeriesDWarrants
shares
CY2022Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
shares
RELI Deemed Dividend
DeemedDividend
usd
RELI Effect Of Series D Warrants
EffectOfSeriesDWarrants
shares
RELI Effect Of Weighted Average Vested Stock Awards
EffectOfWeightedAverageVestedStockAwards
shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
shares
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-40020
dei Entity Registrant Name
EntityRegistrantName
RELIANCE GLOBAL GROUP, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
46-3390293
dei Entity Address Address Line1
EntityAddressAddressLine1
300 Blvd. of the Americas
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 105 Lakewood
dei Entity Address City Or Town
EntityAddressCityOrTown
Lakewood
dei Entity Address State Or Province
EntityAddressStateOrProvince
NJ
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
08701
dei City Area Code
CityAreaCode
732
dei Local Phone Number
LocalPhoneNumber
380-4600
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
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
false
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1024831 usd
CY2022Q3 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
1159 usd
CY2021Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
7131 usd
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
18054469 shares
CY2022Q3 us-gaap Cash
Cash
1615054 usd
CY2021Q4 us-gaap Cash
Cash
4136180 usd
CY2022Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
1409562 usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
484542 usd
CY2022Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
1025120 usd
CY2022Q3 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
37674 usd
CY2022Q3 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
399506 usd
CY2021Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
2328817 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
4488075 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
7981501 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
199030 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
130359 usd
CY2022Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1327361 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1067734 usd
CY2022Q3 us-gaap Investments
Investments
1350000 usd
CY2021Q4 us-gaap Investments
Investments
1350000 usd
CY2022Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
14359973 usd
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
7078900 usd
CY2022Q3 us-gaap Goodwill
Goodwill
33486107 usd
CY2021Q4 us-gaap Goodwill
Goodwill
10050277 usd
CY2022Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
23284 usd
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
16792 usd
CY2022Q3 us-gaap Assets
Assets
55233830 usd
CY2021Q4 us-gaap Assets
Assets
27675563 usd
CY2022Q3 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
1221583 usd
CY2021Q4 us-gaap Accounts Payable And Other Accrued Liabilities Current
AccountsPayableAndOtherAccruedLiabilitiesCurrent
2759160 usd
CY2022Q3 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
1241341 usd
CY2021Q4 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
81500 usd
CY2022Q3 RELI Chargeback Reserve Current
ChargebackReserveCurrent
1350533 usd
CY2022Q3 RELI Short Term Financing Agreements
ShortTermFinancingAgreements
309993 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1026541 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
913920 usd
CY2022Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
538018 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
276009 usd
CY2022Q3 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
2283380 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Current
BusinessCombinationContingentConsiderationLiabilityCurrent
3297855 usd
CY2021Q4 RELI Warrant Commitment Current
WarrantCommitmentCurrent
37652808 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
7971389 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
44981252 usd
CY2022Q3 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
1679560 usd
CY2022Q3 RELI Warrant Liability Non Current
WarrantLiabilityNonCurrent
3107578 usd
CY2022Q3 us-gaap Liabilities
Liabilities
26868242 usd
CY2021Q4 us-gaap Liabilities
Liabilities
53741692 usd
CY2021Q4 us-gaap Due To Related Parties Noncurrent
DueToRelatedPartiesNoncurrent
353766 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12640673 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7085325 usd
CY2022Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
833395 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
805326 usd
CY2022Q3 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
635647 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability Noncurrent
BusinessCombinationContingentConsiderationLiabilityNoncurrent
516023 usd
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.086
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.086
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
750000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
750000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.086
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.086
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
18054469 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18054469 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
10956109 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10956109 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
1551358 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
940829 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
34314591 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
26451187 usd
CY2021Q4 us-gaap Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
20000000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-7500361 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-33458145 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
28365588 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-26066129 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
55233830 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
27675563 usd
CY2022Q3 RELI Commission Income
CommissionIncome
4153361 usd
CY2021Q3 RELI Commission Income
CommissionIncome
2581636 usd
RELI Commission Income
CommissionIncome
12596268 usd
RELI Commission Income
CommissionIncome
7096213 usd
CY2022Q3 us-gaap Revenues
Revenues
4153361 usd
CY2021Q3 us-gaap Revenues
Revenues
2581636 usd
us-gaap Revenues
Revenues
12596268 usd
us-gaap Revenues
Revenues
7096213 usd
CY2021Q3 us-gaap Salaries And Wages
SalariesAndWages
1188267 usd
CY2022Q3 RELI Commission Expense
CommissionExpense
862857 usd
CY2021Q3 RELI Commission Expense
CommissionExpense
660708 usd
RELI Commission Expense
CommissionExpense
2617140 usd
RELI Commission Expense
CommissionExpense
1748451 usd
CY2022Q3 us-gaap Salaries And Wages
SalariesAndWages
2114730 usd
us-gaap Salaries And Wages
SalariesAndWages
6373697 usd
us-gaap Salaries And Wages
SalariesAndWages
3217441 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1253097 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
755130 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5465384 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2961881 usd
CY2022Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
726115 usd
CY2021Q3 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
65010 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
1922520 usd
us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
143110 usd
CY2022Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
713444 usd
CY2021Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
387729 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2077372 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
1090183 usd
CY2022Q3 us-gaap Operating Expenses
OperatingExpenses
5670243 usd
CY2021Q3 us-gaap Operating Expenses
OperatingExpenses
3056844 usd
us-gaap Operating Expenses
OperatingExpenses
18456113 usd
us-gaap Operating Expenses
OperatingExpenses
9161066 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-1516882 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-475208 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5859845 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2064853 usd
CY2022Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
280340 usd
CY2021Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
120025 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
580900 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
421192 usd
CY2022Q3 RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
7919315 usd
RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
32398530 usd
CY2022Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
7638975 usd
CY2021Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-120025 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
31817630 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-421192 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
6122093 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-595233 usd
us-gaap Net Income Loss
NetIncomeLoss
25957785 usd
us-gaap Net Income Loss
NetIncomeLoss
-2486045 usd
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17424267 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10944439 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9809092 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-26066129 usd
CY2022Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
739960 usd
CY2022Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
20000051 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17320146 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9809092 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17424267 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10944439 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17320146 shares
CY2022Q1 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
4763451 usd
CY2022Q1 RELI Stock Issued During Period Value Warrants Exercised
StockIssuedDuringPeriodValueWarrantsExercised
2475000 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
9340000 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
11252333 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
179083 usd
CY2022Q2 RELI Stock Issued During Period Value Isusance Of Common Stock For Conversion Of Series C Warrants
StockIssuedDuringPeriodValueIsusanceOfCommonStockForConversionOfSeriesCWarrants
1336 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
10495691 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
21928443 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
314257 usd
CY2022Q3 RELI Issuance Of Common Stock Value For Conversion Of Series D Warrants
IssuanceOfCommonStockValueForConversionOfSeriesDWarrants
795 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
6122093 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
28365588 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-63012 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
246966 usd
CY2021Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
91050 usd
CY2021Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1672852 usd
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
9109148 usd
CY2021Q1 RELI Stock Issued During Period Value Over Allotment Shares
StockIssuedDuringPeriodValueOverAllotmentShares
1366373 usd
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
20700 usd
CY2021Q1 RELI Shares Issued During Period Value To Conversion Of Debt
SharesIssuedDuringPeriodValueToConversionOfDebt
3800000 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-613926 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
13957299 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
183132 usd
CY2021Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
50000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1276886 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
12913545 usd
us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
146225 usd
us-gaap Net Income Loss
NetIncomeLoss
-595233 usd
us-gaap Net Income Loss
NetIncomeLoss
-595233 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
12464537 usd
us-gaap Net Income Loss
NetIncomeLoss
25957785 usd
us-gaap Net Income Loss
NetIncomeLoss
-2486045 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2077372 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1090183 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
28702 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
37822 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-92297 usd
RELI Noncash Lease Expense
NoncashLeaseExpense
30451 usd
RELI Noncash Lease Expense
NoncashLeaseExpense
2331 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1233300 usd
us-gaap Share Based Compensation
ShareBasedCompensation
667373 usd
RELI Earnout Fair Value And Writeoff Adjustments
EarnoutFairValueAndWriteoffAdjustments
132445 usd
RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
32398530 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-1541037 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-314045 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
87058 usd
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-5972 usd
us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
7131 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
37674 usd
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-3825 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
34841 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-112 usd
us-gaap Increase Decrease In Restructuring Reserve
IncreaseDecreaseInRestructuringReserve
-133940 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
6492 usd
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
14992 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2346510 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
196471 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2177998 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1304320 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
67906 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
24257 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
24138750 usd
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1608586 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
775953 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
331054 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-24982609 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1963897 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
663016 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
663907 usd
RELI Proceeds From Loan For Business Acquisition
ProceedsFromLoanForBusinessAcquisition
6520000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
214257 usd
RELI Payments On Earnout Liabilities
PaymentsOnEarnoutLiabilities
1627296 usd
RELI Payments On Earnout Liabilities
PaymentsOnEarnoutLiabilities
452236 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
1500000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2931 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
174206 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
504899 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
2477131 usd
RELI Repayments On Shortterm Financing
RepaymentsOnShorttermFinancing
107206 usd
RELI Net Proceeds From Private Placement Issuance Of Shares And Warrants
NetProceedsFromPrivatePlacementIssuanceOfSharesAndWarrants
17853351 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
10496221 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25564501 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
8878110 usd
us-gaap Interest Paid Net
InterestPaidNet
562800 usd
us-gaap Interest Paid Net
InterestPaidNet
350175 usd
RELI Issuance Of Series D Warrants
IssuanceOfSeriesDWarrants
6930335 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1596106 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5609893 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
4620722 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
529581 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
3024616 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
6139474 usd
RELI Issuance Of Placement Agent Warrants
IssuanceOfPlacementAgentWarrants
1525923 usd
RELI Prepaid Insurance Acquired Through Shortterm Financing
PrepaidInsuranceAcquiredThroughShorttermFinancing
417199 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
190069 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
339264 usd
us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
3800000 usd
RELI Cashless Conversion Of Series D Warrants Into Common Stock
CashlessConversionOfSeriesDWarrantsIntoCommonStock
36761 usd
RELI Common Stock Issued Pursuant To Acquisition
CommonStockIssuedPursuantToAcquisition
4763451 usd
RELI Common Stock Issued Pursuant To Acquisition
CommonStockIssuedPursuantToAcquisition
50000 usd
us-gaap Stock Issued1
StockIssued1
91050 usd
RELI Issuance Of Common Stock Pursuant To Purchase Of Software
IssuanceOfCommonStockPursuantToPurchaseOfSoftware
340000 usd
RELI Acquisition Of Business Deferred Purchase Price
AcquisitionOfBusinessDeferredPurchasePrice
1125000 usd
RELI Lease Assets Acquired In Exchange For Lease Liabilities
LeaseAssetsAcquiredInExchangeForLeaseLiabilities
628004 usd
RELI Lease Assets Acquired In Exchange For Lease Liabilities
LeaseAssetsAcquiredInExchangeForLeaseLiabilities
861443 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3024000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
4488000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
7971000 usd
CY2022Q3 RELI Working Capital Deficiency
WorkingCapitalDeficiency
-3483000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
28366000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-5860000 usd
RELI Recognition And Change In Fair Value Of Warrant Liability
RecognitionAndChangeInFairValueOfWarrantLiability
32399000 usd
us-gaap Net Income Loss
NetIncomeLoss
25958000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2178000 usd
CY2022Q1 RELI Net Proceeds From Private Placement Issuance Of Shares And Warrants
NetProceedsFromPrivatePlacementIssuanceOfSharesAndWarrants
-17853000 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_zhsKTTfGjUnj" 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><i><span id="xdx_86B_zWfHnT76CfH3">Use of Estimates</span></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; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosures in the financial statements and accompanying notes. Management bases its estimates on historical experience and on assumptions believed to be reasonable under the circumstances. Actual results could differ materially from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2022Q3 us-gaap Cash
Cash
1615054 usd
CY2021Q3 us-gaap Cash
Cash
5655103 usd
CY2022Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
1409562 usd
CY2021Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
484371 usd
CY2022Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
3024616 usd
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
6139474 usd
CY2021Q4 RELI Warrant Commitment
WarrantCommitment
37652808 usd
CY2022Q1 RELI Initial Recognition Of Warrant Commitment
InitialRecognitionOfWarrantCommitment
56587042 usd
CY2022Q1 RELI Warrant Commitment Unrealized Gain Loss
WarrantCommitmentUnrealizedGainLoss
-15518587 usd
CY2022Q1 RELI Warrants Exercised Or Transferred
WarrantsExercisedOrTransferred
-55061119 usd
CY2022Q1 RELI Warrant Commitment
WarrantCommitment
23660144 usd
CY2022Q2 RELI Warrant Commitment Unrealized Gain Loss
WarrantCommitmentUnrealizedGainLoss
-12633251 usd
CY2022Q2 RELI Warrant Commitment
WarrantCommitment
11026893 usd
CY2022Q2 RELI Warrant Commitment
WarrantCommitment
11026893 usd
CY2022Q3 RELI Warrant Commitment Unrealized Gain Loss
WarrantCommitmentUnrealizedGainLoss
-7919315 usd
CY2022Q3 RELI Warrant Commitment
WarrantCommitment
3107578 usd
CY2022Q3 RELI Warrant Commitment
WarrantCommitment
3107578 usd
CY2021 RELI Initial Recognition Of Warrant Commitment
InitialRecognitionOfWarrantCommitment
20244497 usd
CY2021 RELI Warrant Commitment Unrealized Gain Loss
WarrantCommitmentUnrealizedGainLoss
17408311 usd
CY2021Q4 RELI Warrant Commitment
WarrantCommitment
37652808 usd
CY2022Q3 RELI Earn Out Payments
EarnOutPayments
3291883 usd
CY2022Q3 RELI Earnout Liability Current
EarnoutLiabilityCurrent
-2283380 usd
CY2021Q4 RELI Earnout Liability Current
EarnoutLiabilityCurrent
-3297855 usd
CY2022Q3 RELI Earnout Liability Noncurrent
EarnoutLiabilityNoncurrent
635647 usd
CY2021Q4 RELI Earnout Liability Noncurrent
EarnoutLiabilityNoncurrent
516023 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4153361 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
12596268 usd
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2581636 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
7096213 usd
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
2931418 usd
CY2020Q4 us-gaap Goodwill
Goodwill
8761725 usd
CY2020Q4 us-gaap Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
340000 usd
CY2020Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11559239 usd
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-12359680 usd
CY2021Q1 us-gaap Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
0 usd
CY2021Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
25992263 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14359973 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
13667214 usd
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-12973606 usd
CY2020Q4 us-gaap Goodwill
Goodwill
8761725 usd
CY2020Q4 us-gaap Goodwill
Goodwill
8761725 usd
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1288552 usd
CY2021Q4 us-gaap Goodwill
Goodwill
10050277 usd
CY2022Q3 us-gaap Goodwill
Goodwill
33486107 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
20024632 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-5664659 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
14359973 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10697252 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-3618352 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7078900 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
707166 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
2536548 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
2158445 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1764541 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1504660 usd
CY2022Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
5688613 usd
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
7999245 usd
CY2022Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
1026541 usd
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
913920 usd
CY2022Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12640673 usd
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
7085325 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
211904 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
1168585 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1482266 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1616891 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1760367 usd
CY2022Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
7752474 usd
CY2022Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
13992487 usd
CY2022Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
325273 usd
CY2022Q3 us-gaap Long Term Debt
LongTermDebt
13667214 usd
CY2022Q3 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
42894 usd
CY2021Q4 us-gaap Short Term Bank Loans And Notes Payable
ShortTermBankLoansAndNotesPayable
4456 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Loss
EquitySecuritiesFvNiUnrealizedLoss
17652808 usd
CY2022Q3 us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
7726161 usd
us-gaap Equity Securities Fv Ni Unrealized Gain
EquitySecuritiesFvNiUnrealizedGain
34621024 usd
CY2022Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
750000000 shares
CY2022Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.086
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2000000000 shares
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.086
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
18054469 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
10956109 shares
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.01
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
249650 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
6122093 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-595233 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6122093 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-595233 usd
CY2022Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
7726161 usd
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10944439 shares
CY2022Q3 RELI Recognition And Change In Fair Value Of Placement Agent Warrant Liability
RecognitionAndChangeInFairValueOfPlacementAgentWarrantLiability
193154 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-1797222 usd
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-595233 usd
CY2022Q3 RELI Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
16491942 shares
CY2021Q3 RELI Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
10944439 shares
CY2022Q3 RELI Effect Of Series D Warrants
EffectOfSeriesDWarrants
623285 shares
CY2022Q3 RELI Effect Of Weighted Average Vested Stock Awards
EffectOfWeightedAverageVestedStockAwards
309040 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17424267 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17424267 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10944439 shares
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
us-gaap Net Income Loss
NetIncomeLoss
25957785 usd
us-gaap Net Income Loss
NetIncomeLoss
-2486045 usd
RELI Deemed Dividend
DeemedDividend
6930335 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19027450 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2486045 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
32474324 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-13446874 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2486045 usd
RELI Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
14308069 shares
RELI Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
9809092 shares
RELI Effect Of Series C Warrants
EffectOfSeriesCWarrants
1819213 shares
RELI Effect Of Series D Warrants
EffectOfSeriesDWarrants
1019803 shares
RELI Effect Of Weighted Average Vested Stock Awards
EffectOfWeightedAverageVestedStockAwards
173061 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17320146 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
9809092 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17320146 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
9809092 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.25
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.78
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.25
CY2022Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
159624 usd
CY2021Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
97265 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
434798 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
220798 usd
CY2022Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y10M9D
CY2022Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0572 pure
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
157633 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
570275 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
269908 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
144124 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
113738 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
268202 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1523880 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
152467 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1371413 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
3813878 usd
RELI Changes Due To Acquisitions
ChangesDueToAcquisitions
600000 usd
RELI Changes Due To Payments
ChangesDueToPayments
-1627296 usd
RELI Changes Due To Fair Value Adjustments
ChangesDueToFairValueAdjustments
132445 usd
CY2022Q3 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2919027 usd
CY2020Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
2931418 usd
CY2021 RELI Changes Due To Business Combinations
ChangesDueToBusinessCombinations
1694166 usd
CY2021 RELI Changes Due To Payments
ChangesDueToPayments
-452236 usd
CY2021 RELI Changes Due To Fair Value Adjustments
ChangesDueToFairValueAdjustments
-278102 usd
CY2021 RELI Changes Due To Writeoffs
ChangesDueToWriteoffs
-81368 usd
CY2021Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
3813878 usd

Files In Submission

Name View Source Status
0001493152-22-032181-index-headers.html Edgar Link pending
0001493152-22-032181-index.html Edgar Link pending
0001493152-22-032181.txt Edgar Link pending
0001493152-22-032181-xbrl.zip Edgar Link pending
ex3-13.htm Edgar Link pending
ex3-13_001.jpg Edgar Link pending
ex3-14_001.jpg Edgar Link pending
ex3-14_002.jpg Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex4-1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
reli-20220930.xsd Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
reli-20220930_def.xml Edgar Link unprocessable
reli-20220930_pre.xml Edgar Link unprocessable
reli-20220930_cal.xml Edgar Link unprocessable
reli-20220930_lab.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed