2023 Q1 Form 10-K Financial Statement
#000149315223009090 Filed on March 27, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $2.248M | $2.529M | $11.45M |
YoY Change | -30.63% | 5.91% | 15.76% |
Cost Of Revenue | $690.7K | $986.4K | $5.997M |
YoY Change | -63.74% | -14.06% | 16.6% |
Gross Profit | $1.557M | $1.543M | $5.451M |
YoY Change | 16.57% | 24.38% | 14.86% |
Gross Profit Margin | 69.27% | 61.0% | 47.62% |
Selling, General & Admin | $1.904M | $1.820M | $8.208M |
YoY Change | -17.35% | -9.99% | -6.86% |
% of Gross Profit | 122.31% | 118.01% | 150.57% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $2.821K | $2.820K | $14.64K |
YoY Change | -28.94% | 34.29% | 99.14% |
% of Gross Profit | 0.18% | 0.18% | 0.27% |
Operating Expenses | $1.904M | $1.820M | $9.876M |
YoY Change | -17.35% | -9.99% | 12.07% |
Operating Profit | -$347.4K | -$277.8K | -$4.424M |
YoY Change | -64.13% | -64.49% | 8.82% |
Interest Expense | $62.39K | -$183.0K | $336.2K |
YoY Change | -4687.65% | 8958.91% | -1525.21% |
% of Operating Profit | |||
Other Income/Expense, Net | $21.70K | $825.5K | $514.4K |
YoY Change | 693.02% | -2280.7% | |
Pretax Income | -$325.7K | -$1.303M | -$3.910M |
YoY Change | -66.28% | 66.13% | -26.45% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$678.0K | -$925.2K | -$3.472M |
YoY Change | -29.81% | 17.96% | -34.68% |
Net Earnings / Revenue | -30.16% | -36.58% | -30.33% |
Basic Earnings Per Share | -$0.07 | -$0.41 | |
Diluted Earnings Per Share | -$0.06 | -$0.10 | -$0.41 |
COMMON SHARES | |||
Basic Shares Outstanding | 10.11M shares | 9.319M shares | 8.473M shares |
Diluted Shares Outstanding | 670.7K shares | 566.6K shares |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.194M | $1.134M | $1.134M |
YoY Change | -36.17% | -63.7% | -63.7% |
Cash & Equivalents | $1.200M | $1.100M | |
Short-Term Investments | |||
Other Short-Term Assets | $357.9K | $110.9K | $110.9K |
YoY Change | -13.04% | -48.74% | -48.74% |
Inventory | $126.3K | $119.6K | $119.6K |
Prepaid Expenses | $357.9K | $110.9K | |
Receivables | $707.9K | $729.0K | $729.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $2.386M | $2.093M | $2.093M |
YoY Change | -33.67% | -52.15% | -52.15% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $62.39K | $65.21K | $1.117M |
YoY Change | -95.02% | -33.96% | -16.13% |
Goodwill | $0.00 | ||
YoY Change | |||
Intangibles | $0.00 | ||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $49.03K | $49.03K | $49.03K |
YoY Change | 0.0% | -18.47% | -18.47% |
Total Long-Term Assets | $1.652M | $1.617M | $1.617M |
YoY Change | -26.37% | 16.16% | 16.16% |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.386M | $2.093M | $2.093M |
Total Long-Term Assets | $1.652M | $1.617M | $1.617M |
Total Assets | $4.038M | $3.710M | $3.710M |
YoY Change | -30.86% | -35.66% | -35.66% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $515.8K | $729.2K | $729.2K |
YoY Change | -43.23% | 52.85% | 52.85% |
Accrued Expenses | $303.2K | $290.0K | $486.9K |
YoY Change | -41.71% | 7.24% | 8.44% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $0.00 | $166.7K | $166.7K |
YoY Change | -100.0% | ||
Total Short-Term Liabilities | $2.550M | $2.147M | $2.147M |
YoY Change | 59.75% | 131.83% | 131.83% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $333.3K | $333.3K |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $832.5K | $887.0K | $887.0K |
YoY Change | -18.62% | -17.1% | -17.1% |
Total Long-Term Liabilities | $832.5K | $887.0K | $1.220M |
YoY Change | -38.62% | -17.1% | 14.06% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.550M | $2.147M | $2.147M |
Total Long-Term Liabilities | $832.5K | $887.0K | $1.220M |
Total Liabilities | $3.383M | $3.367M | $2.947M |
YoY Change | 13.89% | 68.7% | 47.64% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$19.90M | -$19.70M | |
YoY Change | 21.25% | ||
Common Stock | $100.00 | $99.00 | |
YoY Change | 20.73% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $655.1K | $763.1K | $763.1K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.038M | $3.710M | $3.710M |
YoY Change | -30.86% | -35.66% | -35.66% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$678.0K | -$925.2K | -$3.472M |
YoY Change | -29.81% | 17.96% | -34.68% |
Depreciation, Depletion And Amortization | $2.821K | $2.820K | $14.64K |
YoY Change | -28.94% | 34.29% | 99.14% |
Cash From Operating Activities | -$931.5K | $1.230M | -$1.526M |
YoY Change | -6.92% | -388.26% | -40.54% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $87.07K | $115.0K | |
YoY Change | -608.63% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $420.3K | $0.00 | $23.00K |
YoY Change | 1727.26% | ||
Cash From Investing Activities | $333.2K | -$115.0K | -$427.8K |
YoY Change | 1348.68% | 408.63% | 1793.12% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $130.9K | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $681.3K | -303.2K | -$35.17K |
YoY Change | -348.52% | -83.11% | |
NET CHANGE | |||
Cash From Operating Activities | -$931.5K | 1.230M | -$1.526M |
Cash From Investing Activities | $333.2K | -115.0K | -$427.8K |
Cash From Financing Activities | $681.3K | -303.2K | -$35.17K |
Net Change In Cash | $82.92K | 811.9K | -$1.989M |
YoY Change | -106.62% | -280.7% | -28.89% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$931.5K | $1.230M | -$1.526M |
Capital Expenditures | $87.07K | $115.0K | |
Free Cash Flow | -$1.019M | $1.115M | -$1.526M |
YoY Change | -375.93% | -40.01% |
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MinorityInterest
|
-420269 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
342867 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3770173 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3710026 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
5766164 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11448265 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9889433 | usd |
CY2022 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
5997049 | usd |
CY2021 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
5143468 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
5451216 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
4745965 | usd |
CY2022 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
792500 | usd |
CY2022 | MEDS |
Loss On Inventory Investment
LossOnInventoryInvestment
|
875250 | usd |
CY2021 | MEDS |
Loss On Inventory Investment
LossOnInventoryInvestment
|
1226426 | usd |
CY2021 | MEDS |
Loss On Writedown Of Inventory
LossOnWritedownOfInventory
|
376348 | usd |
CY2022 | us-gaap |
Salaries And Wages
SalariesAndWages
|
3941475 | usd |
CY2021 | us-gaap |
Salaries And Wages
SalariesAndWages
|
3846522 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
519642 | usd |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
1094917 | usd |
CY2022 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
830355 | usd |
CY2021 | us-gaap |
Litigation Settlement Expense
LitigationSettlementExpense
|
697825 | usd |
CY2022 | MEDS |
Technology Expense
TechnologyExpense
|
1160856 | usd |
CY2021 | MEDS |
Technology Expense
TechnologyExpense
|
899705 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1755433 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1896515 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
9875511 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
10038258 | usd |
CY2022 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4424295 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-5292293 | usd |
CY2022 | MEDS |
Change In Fair Value Of Warrant Liability
ChangeInFairValueOfWarrantLiability
|
825544 | usd |
CY2022 | us-gaap |
Other Nonoperating Income
OtherNonoperatingIncome
|
20989 | usd |
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
|
4100 | usd |
CY2022 | us-gaap |
Interest Expense
InterestExpense
|
336206 | usd |
CY2021 | us-gaap |
Interest Expense
InterestExpense
|
23590 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
514427 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-23590 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3909868 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5315883 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3472099 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-5315883 | usd |
CY2022 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-437769 | usd |
CY2022 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.41 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.65 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8472946 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8136740 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8679158 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
181163 | usd |
CY2021 | MEDS |
Stock Issued During Period Value Warrants Exercised For Cash
StockIssuedDuringPeriodValueWarrantsExercisedForCash
|
15001 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Other
AdjustmentsToAdditionalPaidInCapitalOther
|
21640 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
1821 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
187273 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5315883 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3770173 | usd |
CY2022 | MEDS |
Noncontrolling Interest Of Capital Contributions
NoncontrollingInterestOfCapitalContributions
|
792500 | usd |
CY2022 | MEDS |
Noncontrolling Interest Of Capital Distributions
NoncontrollingInterestOfCapitalDistributions
|
-775000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
254106 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
130918 | usd |
CY2022 | MEDS |
Stock Issued During Period Value Warrants Exercised For Cash
StockIssuedDuringPeriodValueWarrantsExercisedForCash
|
875 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
79163 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3909868 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
342867 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3909868 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5315883 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
14637 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
7351 | usd |
CY2022 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
79163 | usd |
CY2021 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
187273 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
254106 | usd |
CY2021 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
181163 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-246683 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
615657 | usd |
CY2021 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
21640 | usd |
CY2022 | us-gaap |
Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
|
792500 | usd |
CY2022 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
875250 | usd |
CY2021 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
376348 | usd |
CY2021 | MEDS |
Loss On Inventory Investments
LossOnInventoryInvestments
|
143891 | usd |
CY2022 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
4100 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
181218 | usd |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
131558 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-496692 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
789587 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-336928 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
103666 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
63303 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-825127 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
875250 | usd |
CY2021 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-1087675 | usd |
CY2022 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-164618 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-131153 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
252125 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
220199 | usd |
CY2022 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-200776 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-13819 | usd |
CY2022 | MEDS |
Increase Decrease In Current Liabilities
IncreaseDecreaseInCurrentLiabilities
|
67517 | usd |
CY2022 | MEDS |
Increase Decrease In Warrant Liability
IncreaseDecreaseInWarrantLiability
|
588533 | usd |
CY2021 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-10000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1525929 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2566226 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
22596 | usd |
CY2022 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
23000 | usd |
CY2022 | us-gaap |
Payments For Software
PaymentsForSoftware
|
450845 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-427845 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-22596 | usd |
CY2021 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
225000 | usd |
CY2022 | us-gaap |
Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
|
716964 | usd |
CY2022 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
275000 | usd |
CY2022 | MEDS |
Proceeds From Sale Of Future Revenue
ProceedsFromSaleOfFutureRevenue
|
825000 | usd |
CY2021 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1821 | usd |
CY2022 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
875 | usd |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
15001 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
130918 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-35171 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-208178 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1988945 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-2797000 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3122578 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
5919578 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1133633 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
3122578 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
336206 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
28337 | usd |
CY2022 | MEDS |
Insurance Premium Financed
InsurancePremiumFinanced
|
220354 | usd |
CY2022 | us-gaap |
Notes Issued1
NotesIssued1
|
500000 | usd |
CY2022 | MEDS |
Intangible Asset Contribution From Non Controlling Interest
IntangibleAssetContributionFromNonControllingInterest
|
792500 | usd |
CY2019Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
range from one-for-two (1-for-2) to one-for-ten (1-for-10) | |
CY2020Q1 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
stock split ratio of 1-for-6 | |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
44100 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
792000 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.41 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.65 | |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-19700000 | usd |
CY2022Q4 | MEDS |
Working Capital
WorkingCapital
|
54000 | usd |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1100000 | usd |
CY2022 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
1500000 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84C_eus-gaap--UseOfEstimates_zSi5M0QwIkVg" 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_861_ziarkC8JjqO4">Use of Estimates</span></i></b> – In preparing these financial statements, management is required to make estimates and assumptions that effect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amount of revenues and expenses during the reporting periods. Actual results could differ 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> | |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84B_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zwXUsB70yCF8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span id="xdx_86E_zH9UzklpAKYh" style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Reclassification </i></b></span><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. The reclassification did not result in a change in the net loss.</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> | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1407276 | shares |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-246683 | usd |
CY2021 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
615657 | usd |
CY2022 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
247861 | usd |
CY2021 | us-gaap |
Allowance For Loan And Lease Loss Recovery Of Bad Debts
AllowanceForLoanAndLeaseLossRecoveryOfBadDebts
|
247861 | usd |
CY2022Q4 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
0 | usd |
CY2021 | MEDS |
Loss On Writedown Of Inventory
LossOnWritedownOfInventory
|
376348 | usd |
CY2021Q4 | us-gaap |
Goodwill
Goodwill
|
0 | usd |
CY2022Q4 | us-gaap |
Goodwill
Goodwill
|
0 | usd |
CY2022Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
792000 | usd |
CY2022 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P15Y | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1 | pure |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2663045 | shares |
CY2022Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
2689969 | shares |
CY2022Q4 | MEDS |
Number Of Options Outstanding
NumberOfOptionsOutstanding
|
295623 | shares |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3909868 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5315883 | usd |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3472099 | usd |
CY2021 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5315883 | usd |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8472946 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
8136740 | shares |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zO2xMndYd6i6" 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_86E_zjEvOgraI604">Concentration of Credit Risks and Major Customers</span></i></b> - Financial instruments that potentially subject the Company to credit risk consist principally of cash and cash equivalents and receivables. The Company places its cash and cash equivalents with financial institutions. Deposits are insured to Federal Deposit Insurance Corp limits. The amount of cash not insured by the FDIC as of December 31, 2022 is $<span id="xdx_90A_eus-gaap--CashUninsuredAmount_iI_pp0p0_c20221231_zJ58bmXMuKg2" title="Cash, uninsured amount">518,419</span>.</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">During the years ended December 31, 2022, no sales to customers represented greater than <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__srt--MajorCustomersAxis__custom--CustomersMember_zHYKp5CCSXpg" title="Concentration risk, percentage">10</span>% of revenue.</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> | |
CY2022Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
518419 | usd |
CY2022Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
14584 | shares |
CY2022Q1 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
875 | usd |
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
5000 | shares |
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
3.00 | |
CY2021Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
3.00 | |
CY2021Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5000 | shares |
CY2021Q3 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
15000 | usd |
CY2022 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
0 | shares |
CY2020Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
82751 | shares |
CY2020Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
|
1.33 | |
CY2021 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Beginning
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermBeginning
|
P2Y8M23D | |
CY2020Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instrument Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentOutstandingIntrinsicValue
|
352951 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
5000 | shares |
CY2021 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantsInPeriodWeightedAverageExercisePrice
|
3.00 | |
CY2021 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedInPeriodWeightedAverageRemainingContractualTerm
|
P1Y5M23D | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
|
38216 | shares |
CY2021 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeited In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitedInPeriodWeightedAverageExercisePrice
|
2.51 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
5000 | shares |
CY2021 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice
|
3.00 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
44535 | shares |
CY2021Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
|
0.32 | |
CY2022 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Beginning
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermBeginning
|
P0Y11M12D | |
CY2021Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instrument Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentOutstandingIntrinsicValue
|
208078 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
2663045 | shares |
CY2022 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantsInPeriodWeightedAverageExercisePrice
|
1.50 | |
CY2022 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted In Period Weighted Average Remaining Contractual Term
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedInPeriodWeightedAverageRemainingContractualTerm
|
P4Y9M7D | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
|
3027 | shares |
CY2022 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeited In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitedInPeriodWeightedAverageExercisePrice
|
3.90 | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
14584 | shares |
CY2022 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisesInPeriodWeightedAverageExercisePrice
|
0.06 | |
CY2022Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
2689969 | shares |
CY2022Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
|
1.50 | |
CY2022 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Remaining Contractual Term Ending
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermEnding
|
P4Y8M19D | |
CY2022Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instrument Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentOutstandingIntrinsicValue
|
6731 | usd |
CY2022Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityExercisableNumber
|
2689969 | shares |
CY2022Q4 | MEDS |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingWeightedAverageExercisePrice
|
1.50 | |
CY2022 | MEDS |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Option Equity Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionEquityExercisableWeightedAverageRemainingContractualTerm1
|
P4Y8M19D | |
CY2022Q4 | MEDS |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Option Equity Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionEquityExercisableIntrinsicValue1
|
6731 | usd |
CY2021 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
168008 | usd |
CY2020 | us-gaap |
Stock Granted During Period Value Sharebased Compensation Gross
StockGrantedDuringPeriodValueSharebasedCompensationGross
|
557308 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.0025 | pure |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y | |
CY2022 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
79163 | usd |
CY2021 | us-gaap |
Stock Option Plan Expense
StockOptionPlanExpense
|
187273 | usd |
CY2022Q4 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
|
29729 | usd |
CY2022 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P5Y | |
CY2017Q4 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.35 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
4030755 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2347266 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
4030755 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2347266 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
17105445 | usd |
CY2022Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1069965 | usd |
CY2022Q4 | MEDS |
Lease Obligation Current
LeaseObligationCurrent
|
195475 | usd |
CY2022Q4 | MEDS |
Operating Lease Liabilities Noncurrent
OperatingLeaseLiabilitiesNoncurrent
|
874490 | usd |
CY2022 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
13943 | usd |
CY2021Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
630000 | usd |
CY2022 | MEDS |
Attorney Fees
AttorneyFees
|
630000 | usd |
CY2021Q3 | MEDS |
Bad Debt Expenses
BadDebtExpenses
|
630000 | usd |
CY2022Q2 | MEDS |
Attorney Fees
AttorneyFees
|
743000 | usd |
CY2022 | MEDS |
Bad Debt Expenses
BadDebtExpenses
|
248000 | usd |
CY2022 | us-gaap |
Loss Contingency Disclosures
LossContingencyDisclosures
|
<p id="xdx_80C_eus-gaap--LossContingencyDisclosures_zRTbgjzeMQE9" 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="L1_001"/>NOTE 10 – <span id="xdx_829_z7X8PagAwtk5">CONTINGENCIES</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"><b> </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"><b>Studebaker Defense Group, LLC</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"><b> </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">In July 2020, the Company’s wholly-owned subsidiary, Integra Pharma Solutions, LLC (“Integra”), entered into an agreement with Studebaker Defense Group, LLC (“Studebaker”) wherein Integra would pay Studebaker a down payment of $<span id="xdx_908_ecustom--DownPayment_c20200701__20200731__dei--LegalEntityAxis__custom--IntegraMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--StudebakerDefenseGroupLLCMember_zpUit57jH351" title="Down payment">500,000</span> and Studebaker would deliver <span id="xdx_90D_ecustom--NumberOfNitrileGlovesDelivered_uInteger_c20200813__20200814__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--StudebakerDefenseGroupLLCMember__dei--LegalEntityAxis__custom--IntegraMember_zYSCcVLOXjOl" title="Number of nitrile gloves delivered">180,000</span> boxes of nitrile gloves by August 14, 2020. Integra wired the $<span id="xdx_90A_eus-gaap--LossContingencyDamagesSoughtValue_c20200701__20200731__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--StudebakerDefenseGroupLLCMember__dei--LegalEntityAxis__custom--IntegraMember_z97KZnjOXsDj" title="Loss contingency, damages sought, value">500,000</span> to Studebaker, but to date, Studebaker has not delivered the gloves or provided a refund of the deposit. In December 2020, we filed a complaint against Studebaker in Florida state court, Case No. 20-CA-010118 in the Circuit Court for the Thirteenth Judicial Circuit in Hillsborough County, for among other things, breach of contract. Studebaker did not answer the complaint, nor did counsel for Studebaker file an appearance. Accordingly, in February 2021, the Company filed for a default judgment; however, on March 22, 2021, counsel for Studebaker filed an appearance and shortly thereafter filed a motion to vacate the default judgment and dismiss the complaint on jurisdictional grounds. The court granted Studebaker’s motion to set aside the default judgment but denied the motion to dismiss. The Company has filed several pretrial motions; the next step in the litigation after the pre-trial motions are resolved will be a motion for summary judgment. The Company believes it will prevail on the merits but cannot determine the timing of the judgment or the amount ultimately collected. At June 30, 2021, the $<span id="xdx_906_ecustom--LossOnInventoryInvestment_c20210101__20210630__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--StudebakerDefenseGroupLLCMember__dei--LegalEntityAxis__custom--IntegraMember_zbAKDMFI2ab6" title="Loss on inventory investment">500,000</span> was recorded as Loss on Inventory Investment.</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"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </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"><b>Sandwave Group Dsn Bhd and Crecom Burj Group SDN BHD</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"><b> </b></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">In August 2020, Integra, entered into an agreement with Sandwave Group Dsn Bhd (“Sandwave”), wherein Integra would pay Sandwave a down payment of $<span id="xdx_909_ecustom--DownPayment_c20200801__20200831__dei--LegalEntityAxis__custom--IntegraMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SandwaveGroupDsnBhdMember_zP5z4Dwz6TU9" title="Down payment">581,250</span> and Sandwave’s supplier, Crecom Burj Group SDN BHD (“Crecom”), would deliver <span id="xdx_905_ecustom--NumberOfNitrileGlovesDelivered_uInteger_c20200801__20200831__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SandwaveGroupDsnBhdMember__dei--LegalEntityAxis__custom--IntegraMember_zAzJEeNIsEPg" title="Number of nitrile gloves delivered">150,000</span> boxes of nitrile gloves within 45 days. Integra wired the $<span id="xdx_902_eus-gaap--LossContingencyDamagesSoughtValue_c20200801__20200831__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SandwaveGroupDsnBhdMember__dei--LegalEntityAxis__custom--IntegraMember_zHgNcNuf0jIe" title="Loss contingency damages sought value">581,250</span> to Sandwave, which in turn wired the purchase price to Crecom, which Crecom accepted; however, to date, Crecom has not delivered the nitrile gloves. Integra demanded return of its $<span id="xdx_904_eus-gaap--LossContingencyDamagesSoughtValue_c20200801__20200831__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--CrecomBurjGroupSdnBhdMember__dei--LegalEntityAxis__custom--IntegraMember_zVIuBsawdGMd" title="Loss contingency damages sought value">581,250</span> and Crecom has acknowledged that Integra is entitled to a refund, but to date Crecom has failed to return Integra’s money. In February 2021, Integra filed a complaint against Crecom in Malaysia: Case No. WA-22NCC-55-02/2021 in the High Court of Malaysia at Kuala Lumpur in the Federal Territory, Malaysia for the Malaysian equivalent of breach of contract. Crecom filed an appearance on March 1, 2021. In April 2021, an Application for Summary Judgment was filed with the court, and on May 25, 2021, the Court extracted the sealed application, and a copy thereof was served on Crecom’s attorneys and Crecom, 14 days later, filed an Affidavit in Reply with the court alleging that there are issues to be tried and that this case must go to a full trial. On June 28, 2021, the court directed both parties to file their written submissions/arguments in relation to the application for summary judgment on or before July 12, 2021, and scheduled a hearing thereon for August 26, 2021. At the final hearing on October 18, 2021, the ruling for the summary judgment was denied. On September 1, 2022, Crecom informed the court that Crecom had been liquidated pursuant to Malaysian insolvency laws and the court proceedings were stayed. ON September 7, 2022, Integra received written confirmation from Crecom counsel and a copy of the relevant Winding Up Order. Accordingly, the complaint was dismissed. At June 30, 2021, the $<span id="xdx_90F_ecustom--LossOnInventoryInvestment_c20210101__20210630__dei--LegalEntityAxis__custom--IntegraMember__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--SandwaveGroupDsnBhdMember_zhhAfrWIiEo7" title="Loss on inventory investment">581,250</span> was recorded as Loss on Inventory Investment.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Jain, et al., v. Memantine, et al.</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"><b> </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">In January 2020, we became aware of a complaint filed by Jitendra Jain, Manish Arora, Scariy Kumaramangalam, Harsh Datta and Balvant Arora (collectively, plaintiffs), against our wholly-owned subsidiary, Trxade, Inc. and our Chief Executive Officer, Suren Ajjarapu as well as certain unrelated persons, Annapurna Gundlapalli, Gajan Mahendiran and Nexgen Memantine (collectively, defendants), in the Circuit Court of Madison County, Alabama (Case:47-CV-2019-902216.00). The complaint alleged causes of actions against the defendants including fraud in the inducement, relating to certain investments alleged to have been made by plaintiffs in Nexgen Memantine, breach of fiduciary duty, conversion and voidable transactions. The complaint related to certain investments alleged made by the plaintiffs in Nexgen Memantine and certain alleged fraudulent transfers of assets and funds alleged to have been taken by the defendants which are unrelated to the Company.</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">On May 14, 2021, Plaintiffs filed a second amended complaint against the defendants. The second amended complaint alleges causes of action against the defendants including securities fraud, breach of fiduciary duty, violation of the Florida RICO Act, and breach of contract. The operative complaint relates to certain investments alleged to have been made by the plaintiffs in Nexgen Memantine and certain alleged transfers of assets and funds alleged to have been taken by the defendants which are unrelated to the Company. The amended complaint seeks injunctive relief, $<span id="xdx_90E_eus-gaap--LossContingencyDamagesPaidValue_c20210501__20210514_zEIpKcsEjil8" title="Compensatory amount value">425,000</span> in compensatory damages, treble damages, punitive damages, and fees and costs.</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">In February 2022, a settlement as to Suren Ajjarapu, Annapurna Gundlapalli and the Company was reached and signed. This settlement involved no admission of liability and a full and complete release of all actions after a lump-sum payment of $<span id="xdx_90E_eus-gaap--LitigationSettlementAmountAwardedToOtherParty_c20220201__20220228_zfBFz38nR8P" title="Settlement payment amount">225,000</span> was made. Because the complaint purports to be a derivative action, court approval was required, which approval was received on March 14, 2022. As a result of the settlement, the Plaintiff’s dismissed their lawsuit with prejudice.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> </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> | |
CY2021Q2 | us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
425000 | usd |
CY2022Q1 | us-gaap |
Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
|
225000 | usd |
CY2022Q4 | MEDS |
Increase In Right Of Use Asset
IncreaseInRightOfUseAsset
|
977220 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
293683 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
302494 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
311569 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
320916 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
105531 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
1334193 | usd |
CY2022Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
264228 | usd |
CY2022 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
181218 | usd |
CY2021 | us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
131558 | usd |
CY2022 | MEDS |
Payment For Operating Lease Liabilities
PaymentForOperatingLeaseLiabilities
|
164618 | usd |
CY2021 | MEDS |
Payment For Operating Lease Liabilities
PaymentForOperatingLeaseLiabilities
|
131153 | usd |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
11448265 | usd |
CY2022 | us-gaap |
Gross Profit
GrossProfit
|
5451216 | usd |
CY2022Q4 | us-gaap |
Assets
Assets
|
3710026 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-3909868 | usd |
CY2022 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
5997049 | usd |
CY2021 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
9889433 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
4745965 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
5766164 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-5315883 | usd |
CY2021 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
5143468 | usd |