2022 Q3 Form 10-Q Financial Statement

#000149315222023021 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $2.800M $3.600M $1.145M
YoY Change 177.16% 300.0% -275.89%
Cost Of Revenue $1.823M $1.572M $1.375M
YoY Change 50.98% 23.82% -13.93%
Gross Profit $976.5K $2.028M -$230.1K
YoY Change -594.44% -649.23% -89.76%
Gross Profit Margin 34.88% 56.34% -20.11%
Selling, General & Admin $1.810M $1.880M $1.572M
YoY Change -10.36% -10.72% -43.65%
% of Gross Profit 185.33% 92.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $117.4K $117.2K $116.8K
YoY Change -13.05% -39.47% -36.93%
% of Gross Profit 12.03% 5.78%
Operating Expenses $1.927M $1.997M $1.689M
YoY Change -10.53% -13.14% -43.23%
Operating Profit -$924.8K $37.18K -$1.919M
YoY Change -60.67% -101.41% -63.26%
Interest Expense -$605.3K -$479.3K -$620.9K
YoY Change -13.62% -46.14% -31.96%
% of Operating Profit -1289.0%
Other Income/Expense, Net -$415.1K -$537.0K -$25.91K
YoY Change 19.89% -146.7% -101.05%
Pretax Income -$1.340M -$499.8K -$2.266M
YoY Change -270.56% -66.46% -38.21%
Income Tax
% Of Pretax Income
Net Earnings -$1.342M -$503.8K -$2.268M
YoY Change -200.8% -105.55% -41.77%
Net Earnings / Revenue -47.91% -13.99% -198.12%
Basic Earnings Per Share $0.00 -$0.11 -$28.71
Diluted Earnings Per Share -$126.90 -$296.00 -$471.2K
COMMON SHARES
Basic Shares Outstanding 9.679B shares 1.702B shares 4.813M shares
Diluted Shares Outstanding 10.57B shares 1.702B shares 4.813M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.96K $126.9K $103.3K
YoY Change -96.69% -36.44% 44.02%
Cash & Equivalents $10.96K $126.9K $103.3K
Short-Term Investments
Other Short-Term Assets $116.9K $100.6K $99.66K
YoY Change -23.09% -42.58% -61.28%
Inventory $273.6K $243.6K $291.3K
Prepaid Expenses
Receivables $3.331M $2.211M $2.098M
Other Receivables $2.100M $1.943M $1.641M
Total Short-Term Assets $5.833M $4.625M $4.233M
YoY Change 90.59% 130.65% 119.22%
LONG-TERM ASSETS
Property, Plant & Equipment $4.312M $4.429M $5.307M
YoY Change -45.68% -47.44% -38.16%
Goodwill
YoY Change
Intangibles $259.4K $259.4K
YoY Change
Long-Term Investments $9.016M $9.016M $9.016M
YoY Change 0.0% 6.07%
Other Assets $227.8K $197.8K $197.8K
YoY Change 0.77% -54.47% -55.11%
Total Long-Term Assets $14.46M $14.61M $14.78M
YoY Change -17.11% -17.11% 59.23%
TOTAL ASSETS
Total Short-Term Assets $5.833M $4.625M $4.233M
Total Long-Term Assets $14.46M $14.61M $14.78M
Total Assets $20.29M $19.23M $19.01M
YoY Change -1.03% -2.01% 69.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.38M $12.12M $12.87M
YoY Change -11.32% -24.12% -18.07%
Accrued Expenses $19.35M $17.28M $16.21M
YoY Change 9.46% -5.04% -17.26%
Deferred Revenue
YoY Change
Short-Term Debt $8.222M $0.00 $0.00
YoY Change 10239.84% -100.0% -100.0%
Long-Term Debt Due $14.37M $14.24M $14.72M
YoY Change -36.39% -35.14% -31.73%
Total Short-Term Liabilities $49.80M $47.35M $47.04M
YoY Change -13.19% -20.39% -24.82%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities $400.9K $456.4K $546.9K
YoY Change -37.39% -34.1% -35.32%
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $49.80M $47.35M $47.04M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $50.20M $47.80M $47.58M
YoY Change -13.46% -21.59% -25.8%
SHAREHOLDERS EQUITY
Retained Earnings -$1.704B -$1.703B
YoY Change
Common Stock $1.509M $422.5K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$29.90M -$28.60M -$28.57M
YoY Change
Total Liabilities & Shareholders Equity $20.29M $19.23M $19.01M
YoY Change -1.03% -2.01% 69.57%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$1.342M -$503.8K -$2.268M
YoY Change -200.8% -105.55% -41.77%
Depreciation, Depletion And Amortization $117.4K $117.2K $116.8K
YoY Change -13.05% -39.47% -36.93%
Cash From Operating Activities $43.56K -$58.48K -$1.152M
YoY Change -102.23% -97.77% 3.42%
INVESTING ACTIVITIES
Capital Expenditures $850.00 -$33.94K
YoY Change -98.94% -57.64%
Acquisitions
YoY Change
Other Investing Activities -$112.4K -$428.9K $0.00
YoY Change -28.92%
Cash From Investing Activities -$78.45K -$462.9K
YoY Change -197.9% 477.66%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -81.03K 545.0K 530.4K
YoY Change -104.03% -80.72% -54.27%
NET CHANGE
Cash From Operating Activities 43.56K -58.48K -1.152M
Cash From Investing Activities -78.45K -462.9K
Cash From Financing Activities -81.03K 545.0K 530.4K
Net Change In Cash -115.9K 23.59K $0.00
YoY Change -187.91% -81.56%
FREE CASH FLOW
Cash From Operating Activities $43.56K -$58.48K -$1.152M
Capital Expenditures $850.00 -$33.94K
Free Cash Flow $42.71K -$24.54K -$1.152M
YoY Change -102.1% -99.03%

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CY2021Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
193640 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
234040 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
378864 usd
CY2022Q2 us-gaap Costs And Expenses
CostsAndExpenses
3569056 usd
CY2021Q2 us-gaap Costs And Expenses
CostsAndExpenses
3568830 usd
us-gaap Costs And Expenses
CostsAndExpenses
6632859 usd
us-gaap Costs And Expenses
CostsAndExpenses
8141631 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37180 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-2639981 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1882103 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-7863474 usd
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
18450 usd
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2008597 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
292538 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4486246 usd
CY2022Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-76218 usd
CY2021Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
31050 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-76218 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
22190 usd
CY2022Q2 us-gaap Interest Expense Other
InterestExpenseOther
479253 usd
CY2021Q2 us-gaap Interest Expense Other
InterestExpenseOther
889763 usd
us-gaap Interest Expense Other
InterestExpenseOther
1100190 usd
us-gaap Interest Expense Other
InterestExpenseOther
1802387 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-537021 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
1149884 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-883870 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
2706049 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-499841 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1490097 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2765973 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-5157425 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-499841 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1490097 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2765973 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-5157425 usd
CY2022Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-3945 usd
CY2021Q2 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-165737 usd
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-5379 usd
us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
-392403 usd
CY2021Q2 us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
10727152 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
10727152 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3945 usd
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10561415 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-5379 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10334749 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-503786 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
9071318 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-333647721 usd
us-gaap Net Income Loss
NetIncomeLoss
5177324 usd
CY2022Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
194951624 usd
CY2021Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
99253330 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
330876369 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
149611479 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-195455410 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-90182012 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-144434155 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.11
CY2021Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-137815.91
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.39
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-407286.59
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.00
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
14447.90
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
27196.71
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.11
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-123368.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-380089.88
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1702149425 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
731 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
858169865 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
380 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-27301524 usd
CY2022Q1 RNVA Stock Issued During Period Value New Issue
StockIssuedDuringPeriodValueNewIssue
1000000 usd
CY2022Q1 RNVA Stock Issued During Period Value Payment Of Cash In Lieu Of Fractional Shares
StockIssuedDuringPeriodValuePaymentOfCashInLieuOfFractionalShares
9 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-2267566 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-28569099 usd
CY2022Q2 RNVA Stock Issued During Period Value New Issue
StockIssuedDuringPeriodValueNewIssue
500000 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-503786 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-28572885 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-49017752 usd
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
-3893994 usd
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
-52911746 usd
CY2021Q2 RNVA Issuance Of Series O Preferred Stock
IssuanceOfSeriesOPreferredStock
2500000 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
9071318 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
9071318 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
-41340428 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2765973 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-5157425 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
234040 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
378864 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-858 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
27630 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
-76218 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
22190 usd
RNVA Other Income Loss From Federal Government Relief Funds
OtherIncomeLossFromFederalGovernmentReliefFunds
4400000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
360000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1245000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1171603 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
334819 usd
us-gaap Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
10727152 usd
RNVA Income Loss From Discontinued Operation Net Of Tax
IncomeLossFromDiscontinuedOperationNetOfTax
5379 usd
RNVA Income Loss From Discontinued Operation Net Of Tax
IncomeLossFromDiscontinuedOperationNetOfTax
-10334749 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-186131 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-920577 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-36890 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
45573 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-21304 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
26640 usd
RNVA Increase Decrease In Security Deposit
IncreaseDecreaseInSecurityDeposit
10000 usd
RNVA Increase Decrease In Security Deposit
IncreaseDecreaseInSecurityDeposit
18542 usd
RNVA Increase Decrease Right Of Use Asset
IncreaseDecreaseRightOfUseAsset
-117871 usd
RNVA Increase Decrease Right Of Use Asset
IncreaseDecreaseRightOfUseAsset
-89731 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
484458 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1837074 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
867828 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
3126033 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-117871 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-89731 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1208444 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-3772595 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-1714 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
40098 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1210158 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3732497 usd
RNVA Receivable From Related Party
ReceivableFromRelatedParty
428943 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
33940 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
80132 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-462883 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-80132 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
750000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
890000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
100508 usd
RNVA Payments Of Accounts Receivable Sold Under Sales Agreements
PaymentsOfAccountsReceivableSoldUnderSalesAgreements
317647 usd
RNVA Payments Of Accounts Receivable Sold Under Sales Agreements
PaymentsOfAccountsReceivableSoldUnderSalesAgreements
247986 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
1500000 usd
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
2500000 usd
RNVA Proceeds From Hhs Provider Relief Funds
ProceedsFromHhsProviderReliefFunds
314651 usd
RNVA Cash Paid For Fractional Shares In Connection With Reverse Stock Splits
CashPaidForFractionalSharesInConnectionWithReverseStockSplits
9 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1075392 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
3926506 usd
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
60402 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1075392 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3986908 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-597649 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
174279 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
724524 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
25353 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
126875 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
199632 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_848_eus-gaap--UseOfEstimates_zrAGtaiAhVw1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_86F_zqi3KhvchPrg">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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 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 and liabilities, and disclosure of contingent liabilities at the date of the condensed consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Significant estimates and assumptions include the estimates of fair values of assets acquired and liabilities assumed in business combinations, contractual allowances and bad debt reserves, the recoverability of long-lived assets, the valuation allowance relating to the Company’s deferred tax assets, the valuations of investments, equity and derivative instruments, income from HHS Provider Relief Funds and deemed dividends, litigation and related reserves, among others. Actual results could differ from those estimates and would impact future results of operations and cash flows.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_840_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_z2zMoEpikdQ7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_86C_zzc6Fuj1IXOg">Reclassifications</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 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 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified to conform to the current year presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p>
CY2021Q3 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-1,000
CY2021Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1-for-10,000
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000000 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000000 shares
CY2022Q2 RNVA Estimated Contractual Allowance
EstimatedContractualAllowance
5100000 usd
CY2021Q2 RNVA Estimated Contractual Allowance
EstimatedContractualAllowance
4000000.0 usd
CY2022Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2700000 usd
CY2021Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1300000 usd
CY2022Q2 RNVA Allowance For Adjustment Of Revenue
AllowanceForAdjustmentOfRevenue
7800000 usd
CY2021Q2 RNVA Allowance For Adjustment Of Revenue
AllowanceForAdjustmentOfRevenue
5300000 usd
CY2022Q2 us-gaap Revenues
Revenues
3600000 usd
CY2021Q2 us-gaap Revenues
Revenues
900000 usd
RNVA Estimated Contractual Allowance
EstimatedContractualAllowance
13200000 usd
RNVA Estimated Contractual Allowance
EstimatedContractualAllowance
9500000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4100000 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4300000 usd
RNVA Allowance For Adjustment Of Revenue
AllowanceForAdjustmentOfRevenue
17300000 usd
RNVA Allowance For Adjustment Of Revenue
AllowanceForAdjustmentOfRevenue
13800000 usd
us-gaap Revenues
Revenues
4800000 usd
us-gaap Revenues
Revenues
300000 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-499841 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1490097 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-2765973 usd
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-5157425 usd
CY2022Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
194951624 usd
CY2022Q2 RNVA Deemed Dividend
DeemedDividend
194800000 usd
CY2021Q2 RNVA Deemed Dividend
DeemedDividend
99300000 usd
RNVA Deemed Dividend
DeemedDividend
330500000 usd
RNVA Deemed Dividend
DeemedDividend
149600000 usd
RNVA Relief Funds
ReliefFunds
13600000 usd
CY2021Q4 RNVA Employee Retention Credits
EmployeeRetentionCredits
1500000 usd
CY2022Q2 RNVA Working Capital Deficit
WorkingCapitalDeficit
42700000 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-28600000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1900000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-7900000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1200000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3700000 usd
CY2021Q2 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
99253330 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
330876369 usd
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
149611479 usd
CY2022Q2 RNVA Net Loss Available To Common Shareholders Continuing Operations
NetLossAvailableToCommonShareholdersContinuingOperations
-195451465 usd
CY2021Q2 RNVA Net Loss Available To Common Shareholders Continuing Operations
NetLossAvailableToCommonShareholdersContinuingOperations
-100743427 usd
RNVA Net Loss Available To Common Shareholders Continuing Operations
NetLossAvailableToCommonShareholdersContinuingOperations
-333642342 usd
RNVA Net Loss Available To Common Shareholders Continuing Operations
NetLossAvailableToCommonShareholdersContinuingOperations
-154768904 usd
CY2022Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-3945 usd
CY2021Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10561415 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-5379 usd
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
10334749 usd
CY2022Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-195455410 usd
CY2021Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-90182012 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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RNVA Percentage Of Market Price
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CY2022Q2 us-gaap Embedded Derivative Gain Loss On Embedded Derivative Net
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CY2022Q2 RNVA Deemed Dividends
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CY2022Q2 us-gaap Common Stock Shares Issued
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RNVA Deemed Dividends From Issuance Of Preferred Stock
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