2018 Q4 Form 10-Q Financial Statement
#000121390018015823 Filed on November 14, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $2.260M | $2.083M | $1.395M |
YoY Change | 9.71% | 49.31% | 335.92% |
Cost Of Revenue | $2.140M | $1.858M | $1.297M |
YoY Change | 17.58% | 43.25% | 398.87% |
Gross Profit | $120.0K | $224.8K | $97.90K |
YoY Change | -50.0% | 129.67% | 63.16% |
Gross Profit Margin | 5.31% | 10.79% | 7.02% |
Selling, General & Admin | $1.900M | $690.5K | $381.1K |
YoY Change | 45.04% | 81.16% | -11.36% |
% of Gross Profit | 1583.33% | 307.09% | 389.32% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $160.0K | $150.0K | $150.0K |
YoY Change | 6.67% | 0.0% | 0.0% |
% of Gross Profit | 133.33% | 66.71% | 153.22% |
Operating Expenses | $1.890M | $1.302M | $381.1K |
YoY Change | 44.27% | 241.7% | -11.36% |
Operating Profit | -$1.770M | -$1.078M | -$1.044M |
YoY Change | 65.42% | 3.18% | 182.24% |
Interest Expense | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | -$960.00 | $1.003K |
YoY Change | -195.71% | ||
Pretax Income | -$1.780M | -$1.078M | -$1.043M |
YoY Change | 66.36% | 3.37% | 93.2% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.830M | -$1.026M | -$1.043M |
YoY Change | 71.03% | -1.65% | 93.2% |
Net Earnings / Revenue | -80.97% | -49.26% | -74.79% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$8.714M | -$4.905M | -$4.952M |
COMMON SHARES | |||
Basic Shares Outstanding | 4.260M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.370M | $2.910M | $6.130M |
YoY Change | -72.04% | -52.53% | 1513.16% |
Cash & Equivalents | $1.368M | $2.913M | $6.098M |
Short-Term Investments | $0.00 | $0.00 | $30.00K |
Other Short-Term Assets | $97.70M | $200.0K | $400.0K |
YoY Change | 40608.33% | -50.0% | 566.67% |
Inventory | $0.00 | ||
Prepaid Expenses | |||
Receivables | $1.746M | $2.758M | $360.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $4.362M | $5.981M | $6.890M |
YoY Change | -46.49% | -13.19% | 710.59% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $71.34K | $72.71K | $10.00K |
YoY Change | 949.69% | 627.07% | |
Goodwill | $4.162M | $4.162M | |
YoY Change | 0.0% | ||
Intangibles | $2.444M | $2.591M | |
YoY Change | -19.3% | ||
Long-Term Investments | $10.00K | ||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $6.677M | $6.833M | $7.340M |
YoY Change | -7.22% | -6.91% | -7.21% |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.362M | $5.981M | $6.890M |
Total Long-Term Assets | $6.677M | $6.833M | $7.340M |
Total Assets | $11.04M | $12.81M | $14.23M |
YoY Change | -28.08% | -9.95% | 62.44% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.620M | $1.990M | $930.0K |
YoY Change | 21.86% | 113.98% | 165.71% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | $1.335M | ||
YoY Change | -20.21% | ||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.959M | $4.069M | $1.730M |
YoY Change | 3.61% | 135.22% | 67.96% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.959M | $4.069M | $1.730M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $3.960M | $4.020M | $1.730M |
YoY Change | 3.66% | 132.37% | -37.09% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$10.66M | -$8.832M | |
YoY Change | 83.24% | ||
Common Stock | $2.130K | $42.60K | |
YoY Change | -95.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $7.080M | $8.745M | $12.50M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $11.04M | $12.81M | $14.23M |
YoY Change | -28.08% | -9.95% | 62.44% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.830M | -$1.026M | -$1.043M |
YoY Change | 71.03% | -1.65% | 93.2% |
Depreciation, Depletion And Amortization | $160.0K | $150.0K | $150.0K |
YoY Change | 6.67% | 0.0% | 0.0% |
Cash From Operating Activities | -$1.540M | -$30.00K | $230.0K |
YoY Change | 25.2% | -113.04% | -141.07% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$10.00K | -$70.00K | $0.00 |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $10.00K | -$10.00K | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | -$80.00K | $0.00 |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | 230.0K |
YoY Change | -100.0% | -100.0% | -560.0% |
NET CHANGE | |||
Cash From Operating Activities | -1.540M | -30.00K | 230.0K |
Cash From Investing Activities | 0.000 | -80.00K | 0.000 |
Cash From Financing Activities | 0.000 | 0.000 | 230.0K |
Net Change In Cash | -1.540M | -110.0K | 460.0K |
YoY Change | 26.23% | -123.91% | -175.41% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.540M | -$30.00K | $230.0K |
Capital Expenditures | -$10.00K | -$70.00K | $0.00 |
Free Cash Flow | -$1.530M | $40.00K | $230.0K |
YoY Change | 24.39% | -82.61% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
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--12-31 | ||
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Amendment Flag
AmendmentFlag
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Profit Loss
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Bankruptcy Proceedings Description Of Proceedings
BankruptcyProceedingsDescriptionOfProceedings
|
Intangible assets consist of $2,766,000 of proprietary knowledge and technology, which is being amortized over 20 years, and $1,113,000 of customer contracts, which is being amortized over 2.5 years. In addition, intangible assets include trademarks of $28,820 and website of $5,000, which are being amortized over 5 years. | ||
us-gaap |
Operating Cycle
OperatingCycle
|
The length of the Company’s contracts varies but is typically between six to twelve months. | ||
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Income Tax Examination Description
IncomeTaxExaminationDescription
|
Among other things, the TCJA lowered the corporate tax rate from 35.0% to 21.0% and imposed a one-time transition tax on unremitted earnings as of the end of 2017. | ||
us-gaap |
Investments In And Advances To Affiliates Additional Information
InvestmentsInAndAdvancesToAffiliatesAdditionalInformation
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These joint ventures are characterized by a 50 percent or less, noncontrolling ownership or participation interest, with decision making and distribution of expected gains and losses typically being proportionate to the ownership or participation interest. | ||
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Options Granted Description
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Options granted to employees and directors of the Company and does not include 50,000 options granted to a consultant during 2017. | ||
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Document Type
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10-Q | ||
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2018-09-30 | ||
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SG BLOCKS, INC. | ||
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CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-1043301 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3065487 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-3439303 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
USD | ||
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-1078482 | USD |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-1043301 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-3065487 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
-3439303 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-52445 | USD |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-52445 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
USD | ||
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1026037 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1043301 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3013042 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3439303 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.24 | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.71 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.09 | ||
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4260041 | shares |
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4177890 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4260041 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1647916 | shares | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11527874 | USD |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
282416 | USD | |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8744803 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-3065487 | USD | |
CY2017 | us-gaap |
Profit Loss
ProfitLoss
|
-3439303 | USD |
us-gaap |
Depreciation
Depreciation
|
3227 | USD | |
us-gaap |
Depreciation
Depreciation
|
2083 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
USD | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
330388 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
442031 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
440507 | USD | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
4 | USD | |
us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
12 | USD | |
sgbx |
Loss On Conversion Of Convertible Debentures
LossOnConversionOfConvertibleDebentures
|
USD | ||
sgbx |
Loss On Conversion Of Convertible Debentures
LossOnConversionOfConvertibleDebentures
|
1018475 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
USD | ||
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-96327 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
282416 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
649204 | USD | |
sgbx |
Loss On Equity Affiliates
LossOnEquityAffiliates
|
960 | USD | |
sgbx |
Loss On Equity Affiliates
LossOnEquityAffiliates
|
USD | ||
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-247670 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
122679 | USD | |
us-gaap |
Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
|
46514 | USD | |
us-gaap |
Increase Decrease In Cost In Excess Of Billing On Uncompleted Contract
IncreaseDecreaseInCostInExcessOfBillingOnUncompletedContract
|
25875 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
17922 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
4453 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
USD | ||
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-9445 | USD | |
us-gaap |
Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
|
USD | ||
us-gaap |
Increase Decrease In Intangible Assets Current
IncreaseDecreaseInIntangibleAssetsCurrent
|
28820 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-160480 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
576952 | USD | |
us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
408692 | USD | |
us-gaap |
Increase Decrease In Billing In Excess Of Cost Of Earnings
IncreaseDecreaseInBillingInExcessOfCostOfEarnings
|
754437 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
USD | ||
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-72788 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1905411 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-8766 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
69137 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4192 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
5000 | USD | |
us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
USD | ||
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
-30037 | USD | |
us-gaap |
Payments For Proceeds From Short Term Investments
PaymentsForProceedsFromShortTermInvestments
|
USD | ||
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
7916 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-52016 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4192 | USD | |
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
USD | ||
us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
7062194 | USD | |
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
USD | ||
us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
1500000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
USD | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
5562194 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1957427 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5549236 | USD | |
sgbx |
Conversion Of Preferred Stock To Common Stock
ConversionOfPreferredStockToCommonStock
|
USD | ||
sgbx |
Conversion Of Preferred Stock To Common Stock
ConversionOfPreferredStockToCommonStock
|
1801670 | USD | |
CY2017Q1 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-3 | |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4870824 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
549100 | USD |
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2913397 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6098336 | USD |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
USD | ||
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
2583334 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-52445 | USD |
CY2018Q3 | us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
0 | USD |
us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
0 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
5932150 | USD | |
sgbx |
Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
|
100 | pure | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
3001279 | USD | |
CY2018Q3 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
1565386 | USD |
CY2018Q3 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
6956 | USD |
CY2018Q3 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.32 | pure |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-52445 | USD | |
sgbx |
Warranty Offered On Completed Contracts
WarrantyOfferedOnCompletedContracts
|
P1Y | ||
CY2018Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
102839646 | USD |
CY2018Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
102839646 | USD |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2082825 | USD |
CY2018Q3 | sgbx |
Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
|
100 | pure |
CY2017Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1394952 | USD |
CY2017Q3 | sgbx |
Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
|
100 | pure |
CY2018Q3 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
-1974051 | USD |
sgbx |
Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
|
100 | pure | |
us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P5Y | ||
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1321604 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
732257 | USD |
CY2018Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
147399 | USD |
CY2017Q3 | us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
147316 | USD |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
442031 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
440507 | USD | |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
|
147565 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
145064 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
145064 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
145064 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
140741 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
1867717 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2591215 | USD |
CY2017Q4 | us-gaap |
Short Term Investments
ShortTermInvestments
|
30033 | USD |
CY2018Q3 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
2773109 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
3040110 | USD |
CY2018Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
14904 | USD |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
34235 | USD |
CY2018Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2758205 | USD |
CY2017Q4 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
-1611873 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
3005875 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
|
-5622111 | USD |
CY2018Q3 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
-1974051 | USD |
CY2017Q4 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
|
-1611873 | USD |
CY2016Q4 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
384461 | USD |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Issues
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityIssues
|
USD | ||
sgbx |
Change In Fair Value Related To Conversion Of Convertible Debentures
ChangeInFairValueRelatedToConversionOfConvertibleDebentures
|
-288134 | USD | |
us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Period Increase Decrease
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPeriodIncreaseDecrease
|
-96327 | USD | |
CY2017Q3 | us-gaap |
Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
|
USD | |
CY2018Q3 | sgbx |
Estimated Income Loss On Uncompleted Contracts
EstimatedIncomeLossOnUncompletedContracts
|
-719589 | USD |
CY2017Q4 | sgbx |
Estimated Income Loss On Uncompleted Contracts
EstimatedIncomeLossOnUncompletedContracts
|
-328273 | USD |
CY2018Q3 | us-gaap |
Contract Receivable Retainage
ContractReceivableRetainage
|
9902751 | USD |
CY2017Q4 | us-gaap |
Contract Receivable Retainage
ContractReceivableRetainage
|
4010238 | USD |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic; font-weight: bold;">Concentrations of credit risk</span><span style="font-family: 'Times New Roman'; font-size: 10pt; font-style: italic;"> – </span><span style="font-family: 'Times New Roman'; font-size: 10pt;">Financial instruments that potentially subject the Company to concentration of credit risk consist principally of cash and cash equivalents. The Company places its cash with high credit quality institutions. At times, such amounts may be in excess of the FDIC insurance limits. The Company has not experienced any losses in its account and believes that it is not exposed to any significant credit risk on the account.</span></p> <p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> <p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">With respect to receivables, concentrations of credit risk are limited to a few customers in the construction industry. The Company performs ongoing credit evaluations of its customers’ financial condition and, generally, requires no collateral from its customers other than normal lien rights. At <span id="fs_RE8L5TFEXC00000000000000000000FM">September 30, 2018</span> and <span id="fs_SMNWWADYPS00000000000000000000FM">December 31, 2017</span>, 67% and 81%, respectively, of the Company’s accounts receivable were due from two customers.</span></p> <p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> <p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Revenue relating to four customers represented approximately 11%, <span>14%, 29%</span> and 26%, respectively, of the Company’s total revenue for the <span id="fs_G5OTP1JKWG00000000000000000000FM">three months ended September 30, 2018</span>. Revenue relating to one customer represented approximately 83% of the Company’s total revenue for the <span id="fs_1RXBFY2ILS00000000000000000000FM">three months ended September 30, 2017</span>. Revenue relating to one customer represented approximately 41% of the Company’s total revenue for the <span id="fs_TLRVIOIKW000000000000000000000FM">nine months ended September 30, 2018</span>. Revenue relating to two customers represented approximately 51% and 25%, respectively, of the Company’s total revenue for the <span id="fs_I0ZNVSDCM800000000000000000000FM">nine months ended September 30, 2017</span>.</span></p> <p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> <p style="margin: 0pt;"><span style="font-family: 'Times New Roman'; font-size: 10pt;">Cost of revenue relating to <span>four</span> and one vendors represented approximately 85% and 59%, respectively, of the Company’s total cost of revenue for the <span id="fs_40EYB0R13K00000000000000000000FM">three months ended September 30, 2018</span> and <span id="fs_T8HU3IJ94W00000000000000000000fs">2017</span>. Cost of revenue relating to one and two vendors represented approximately 52% and 77%, respectively, of the Company’s total cost of revenue for the <span id="fs_X8GWRESF2800000000000000000000FM">nine months ended September 30, 2018</span> and <span id="fs_UNKF3P0ICG00000000000000000000fs">2017</span>. The Company believes it has access to alternative suppliers, with limited disruption to the business, should circumstances change with its existing suppliers.</span><span style="font-family: 'Times New Roman'; font-size: 10pt;"> </span></p> | ||
CY2018Q3 | us-gaap |
Accounts Receivable Billed For Long Term Contracts Or Programs
AccountsReceivableBilledForLongTermContractsOrPrograms
|
-11876802 | USD |
CY2018Q3 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
107689 | USD |
CY2017Q4 | us-gaap |
Costs In Excess Of Billings On Uncompleted Contracts Or Programs Expected To Be Collected Within One Year
CostsInExcessOfBillingsOnUncompletedContractsOrProgramsExpectedToBeCollectedWithinOneYear
|
61175 | USD |
CY2018Q3 | us-gaap |
Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
|
2081740 | USD |
CY2017Q4 | us-gaap |
Billings In Excess Of Cost Current
BillingsInExcessOfCostCurrent
|
1673048 | USD |
CY2018Q3 | sgbx |
Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
|
9183162 | USD |
CY2017Q4 | sgbx |
Costs Incurred On Uncompleted Contracts
CostsIncurredOnUncompletedContracts
|
3681965 | USD |
CY2017Q3 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
0 | USD |
CY2018Q3 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
0 | USD |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
0 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
330388 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1026037 | USD |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1043301 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3013042 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-3439303 | USD | |
CY2018Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.24 | |
CY2018Q3 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
277934 | USD |
sgbx |
Share Based Non Vested Stock Options Weighted Average Term One
ShareBasedNonVestedStockOptionsWeightedAverageTermOne
|
P1Y2M26D | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.00 | ||
CY2017Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4177890 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4260041 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
1647916 | shares | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.71 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-2.09 | ||
CY2018Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
4260041 | shares |
us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
2583334 | USD | |
us-gaap |
Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
|
645833 | USD | |
CY2017 | sgbx |
Loss On Conversion Of Convertible Debentures
LossOnConversionOfConvertibleDebentures
|
1018475 | USD |
CY2017Q4 | sgbx |
Construction Contracts Backlog
ConstructionContractsBacklog
|
76659029 | USD |
CY2016Q4 | sgbx |
Construction Contracts Backlog
ConstructionContractsBacklog
|
541291 | USD |
sgbx |
New Contracts Received During Year
NewContractsReceivedDuringYear
|
32112767 | USD | |
CY2017 | sgbx |
New Contracts Received During Year
NewContractsReceivedDuringYear
|
81179323 | USD |
CY2017 | sgbx |
Construction Backlog Gross
ConstructionBacklogGross
|
81720614 | USD |
sgbx |
Contract Revenue
ContractRevenue
|
5932150 | USD | |
CY2017 | sgbx |
Contract Revenue
ContractRevenue
|
5061585 | USD |
CY2018Q3 | sgbx |
Construction Contracts Backlog
ConstructionContractsBacklog
|
102839646 | USD |
CY2017Q4 | sgbx |
Construction Contracts Backlog
ConstructionContractsBacklog
|
76659029 | USD |
sgbx |
Number Of Large Contracts
NumberOfLargeContracts
|
2 | Number | |
CY2018Q1 | sgbx |
Number Of Large Contracts
NumberOfLargeContracts
|
1 | Number |
sgbx |
Construction Backlog Contract Revenue
ConstructionBacklogContractRevenue
|
55000000 | USD | |
CY2017Q3 | sgbx |
Construction Backlog Contract Revenue
ConstructionBacklogContractRevenue
|
15000000 | USD |
CY2018Q1 | sgbx |
Construction Backlog Contract Revenue
ConstructionBacklogContractRevenue
|
27000000 | USD |
us-gaap |
Payments For Legal Settlements
PaymentsForLegalSettlements
|
500000 | USD |