2021 Q3 Form 10-Q Financial Statement
#000165495421009102 Filed on August 16, 2021
Income Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $2.183M | $1.884M | $347.4K |
YoY Change | 167.29% | 442.27% | 2.73% |
% of Gross Profit | |||
Research & Development | $196.9K | $0.00 | |
YoY Change | 147.48% | ||
% of Gross Profit | |||
Depreciation & Amortization | $404.3K | $355.0K | $10.78K |
YoY Change | 4442.47% | 3192.83% | -11.92% |
% of Gross Profit | |||
Operating Expenses | $2.784M | $2.238M | $358.1K |
YoY Change | 399.15% | 524.93% | 2.22% |
Operating Profit | -$2.784M | -$2.238M | -$358.1K |
YoY Change | 399.15% | 524.93% | |
Interest Expense | $65.66K | $81.54K | $30.03K |
YoY Change | 122.66% | 171.55% | -108.6% |
% of Operating Profit | |||
Other Income/Expense, Net | -$65.66K | -$324.7K | $120.8K |
YoY Change | 104.35% | -368.67% | -341.67% |
Pretax Income | -$2.850M | -$2.563M | -$479.0K |
YoY Change | 383.09% | 435.06% | -36.09% |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$2.850M | -$2.563M | -$479.0K |
YoY Change | 384.47% | 435.06% | -36.09% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | -$0.02 | |
Diluted Earnings Per Share | -$4.720K | -$5.110K | -$1.235K |
COMMON SHARES | |||
Basic Shares Outstanding | 603.0M shares | 501.5M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $800.5K | $5.973M | $1.113M |
YoY Change | 153.65% | 436.76% | 36.0% |
Cash & Equivalents | $800.5K | $5.973M | $1.113M |
Short-Term Investments | |||
Other Short-Term Assets | $287.1K | $578.8K | $59.95K |
YoY Change | 86.26% | 865.54% | 9.14% |
Inventory | |||
Prepaid Expenses | $287.1K | $578.8K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $1.088M | $6.551M | $1.173M |
YoY Change | 131.54% | 458.68% | 33.41% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $12.27M | $12.34M | $1.099M |
YoY Change | 240.63% | 1023.47% | -48.1% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $21.13M | $9.595M | $807.1K |
YoY Change | 102314.0% | 1088.79% | 3812.17% |
Total Long-Term Assets | $33.40M | $21.94M | $1.906M |
YoY Change | 821.89% | 1051.14% | -10.85% |
TOTAL ASSETS | |||
Total Short-Term Assets | $1.088M | $6.551M | $1.173M |
Total Long-Term Assets | $33.40M | $21.94M | $1.906M |
Total Assets | $34.49M | $28.49M | $3.078M |
YoY Change | 742.65% | 825.45% | 2.05% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $3.822M | $656.2K | $492.0K |
YoY Change | 372.02% | 33.38% | -13.19% |
Accrued Expenses | $544.0K | $568.5K | $881.4K |
YoY Change | -0.94% | -35.5% | -12.16% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $515.5K | $516.3K | $1.792M |
YoY Change | -71.76% | -71.19% | -8.54% |
Long-Term Debt Due | $106.4K | $104.7K | $390.2K |
YoY Change | -61.96% | -73.16% | -62.54% |
Total Short-Term Liabilities | $6.208M | $2.107M | $3.644M |
YoY Change | 74.49% | -42.19% | -24.17% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $5.368M | $5.396M | $221.8K |
YoY Change | 1032.22% | 2333.12% | |
Other Long-Term Liabilities | $321.3K | $0.00 | $275.4K |
YoY Change | 16.68% | -100.0% | 0.0% |
Total Long-Term Liabilities | $5.689M | $5.396M | $497.2K |
YoY Change | 659.07% | 985.3% | 80.52% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $6.208M | $2.107M | $3.644M |
Total Long-Term Liabilities | $5.689M | $5.396M | $497.2K |
Total Liabilities | $11.90M | $7.502M | $4.057M |
YoY Change | 181.81% | 84.93% | -20.15% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$67.41M | $62.86M | |
YoY Change | |||
Common Stock | $60.68K | $60.27K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $19.21M | $18.95M | -$1.062M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $34.49M | $28.49M | $3.078M |
YoY Change | 742.65% | 825.45% | 2.05% |
Cashflow Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.850M | -$2.563M | -$479.0K |
YoY Change | 384.47% | 435.06% | -36.09% |
Depreciation, Depletion And Amortization | $404.3K | $355.0K | $10.78K |
YoY Change | 4442.47% | 3192.83% | -11.92% |
Cash From Operating Activities | -$2.013M | -$2.141M | -$1.187M |
YoY Change | -699.12% | 80.35% | 151.5% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$782.6K | $411.3K | $126.2K |
YoY Change | -66.77% | 226.01% | -142.39% |
Acquisitions | $2.000M | $0.00 | |
YoY Change | |||
Other Investing Activities | -$2.350M | -$1.000M | $917.2K |
YoY Change | -209.03% | ||
Cash From Investing Activities | -$3.133M | -$4.161M | $791.1K |
YoY Change | 33.02% | -626.0% | -365.79% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $17.28M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -26.86K | $12.12M | $1.399M |
YoY Change | -102.2% | 766.1% | -6.47% |
NET CHANGE | |||
Cash From Operating Activities | -2.013M | -$2.141M | -$1.187M |
Cash From Investing Activities | -3.133M | -$4.161M | $791.1K |
Cash From Financing Activities | -26.86K | $12.12M | $1.399M |
Net Change In Cash | -5.172M | $5.817M | $1.003M |
YoY Change | 548.85% | 479.81% | 38.1% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$2.013M | -$2.141M | -$1.187M |
Capital Expenditures | -$782.6K | $411.3K | $126.2K |
Free Cash Flow | -$1.230M | -$2.552M | -$1.313M |
YoY Change | -145.71% | 94.34% | 653.15% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
603019728 | shares |
CY2021Q2 | us-gaap |
Cash
Cash
|
5972617 | USD |
CY2021Q1 | us-gaap |
Cash
Cash
|
155795 | USD |
CY2021Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
578839 | USD |
CY2021Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
655339 | USD |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
6551456 | USD |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
811134 | USD |
CY2021Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12342347 | USD |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12236557 | USD |
CY2021Q2 | us-gaap |
Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
|
2622870 | USD |
CY2021Q1 | us-gaap |
Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
|
1873219 | USD |
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Patents
Patents
|
6951000 | USD |
CY2021Q1 | shmp |
Patents
Patents
|
0 | USD |
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
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Deposits Assets
DepositsAssets
|
20633 | USD |
CY2021Q1 | us-gaap |
Deposits Assets
DepositsAssets
|
20633 | USD |
CY2021Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
9594503 | USD |
CY2021Q1 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
2169252 | USD |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
10122642 | USD |
CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2106522 | USD |
CY2021Q1 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
96000 | USD |
CY2021Q2 | shmp |
Notes Payable Related Parties
NotesPayableRelatedParties
|
495412 | USD |
CY2021Q1 | shmp |
Notes Payable Related Parties
NotesPayableRelatedParties
|
1151162 | USD |
CY2021Q2 | us-gaap |
Dividends Payable Current
DividendsPayableCurrent
|
0 | USD |
CY2021Q1 | us-gaap |
Dividends Payable Current
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|
182639 | USD |
CY2021Q2 | us-gaap |
Assets
Assets
|
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CY2021Q1 | us-gaap |
Assets
Assets
|
15216943 | USD |
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Accounts Payable Current
AccountsPayableCurrent
|
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Accounts Payable Current
AccountsPayableCurrent
|
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Interest Payable Current
InterestPayableCurrent
|
73350 | USD |
CY2021Q1 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
73350 | USD |
CY2021Q2 | shmp |
Related Parties Interest Payable Current
RelatedPartiesInterestPayableCurrent
|
187520 | USD |
CY2021Q1 | shmp |
Related Parties Interest Payable Current
RelatedPartiesInterestPayableCurrent
|
187520 | USD |
CY2021Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
568532 | USD |
CY2021Q1 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
602368 | USD |
CY2021Q2 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
20833 | USD |
CY2021Q1 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
573621 | USD |
CY2021Q2 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
8725 | USD |
CY2021Q1 | us-gaap |
Loans Payable To Bank
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|
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CY2021Q2 | us-gaap |
Loans Payable Current
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|
0 | USD |
CY2021Q1 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
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Convertible Debt Current
ConvertibleDebtCurrent
|
0 | USD |
CY2021Q1 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
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CY2021Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
96000 | USD |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
4425511 | USD |
CY2021Q2 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
204085 | USD |
CY2021Q1 | us-gaap |
Long Term Loans From Bank
LongTermLoansFromBank
|
206127 | USD |
CY2021Q2 | shmp |
Note Payables
NotePayables
|
5000000 | USD |
CY2021Q1 | shmp |
Note Payables
NotePayables
|
5000000 | USD |
CY2021Q2 | us-gaap |
Long Term Notes And Loans
LongTermNotesAndLoans
|
191604 | USD |
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Long Term Notes And Loans
LongTermNotesAndLoans
|
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CY2021Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
0 | USD |
CY2021Q1 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
275400 | USD |
CY2021Q2 | us-gaap |
Liabilities
Liabilities
|
7502211 | USD |
CY2020Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2020Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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CY2020Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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CY2020Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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CY2021Q2 | us-gaap |
Common Stock Value
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|
60266 | USD |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
56075 | USD |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2021Q2 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
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CY2021Q1 | us-gaap |
Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
|
136000 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
62856334 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
53683268 | USD |
CY2021Q2 | shmp |
Total Stockholders Deficit Attributable To Naturalshrimp Incorporated Shareholders
TotalStockholdersDeficitAttributableToNaturalshrimpIncorporatedShareholders
|
18950668 | USD |
CY2021Q1 | shmp |
Total Stockholders Deficit Attributable To Naturalshrimp Incorporated Shareholders
TotalStockholdersDeficitAttributableToNaturalshrimpIncorporatedShareholders
|
3158798 | USD |
CY2021Q2 | us-gaap |
Members Equity Attributable To Noncontrolling Interest
MembersEquityAttributableToNoncontrollingInterest
|
0 | USD |
CY2021Q1 | us-gaap |
Members Equity Attributable To Noncontrolling Interest
MembersEquityAttributableToNoncontrollingInterest
|
-87830 | USD |
CY2021Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2562743 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18950668 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3070968 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
28488306 | USD |
CY2020Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
358132 | USD |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2238090 | USD |
CY2020Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
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CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
81536 | USD |
CY2020Q2 | us-gaap |
Interest Expense
InterestExpense
|
30026 | USD |
CY2021Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
236364 | USD |
CY2020Q2 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
0 | USD |
CY2020Q2 | shmp |
Gain Loss On Warrant Liabilities Net Pretax
GainLossOnWarrantLiabilitiesNetPretax
|
0 | USD |
CY2021Q2 | shmp |
Forgiveness Of Ppp Loan
ForgivenessOfPppLoan
|
103200 | USD |
CY2020Q2 | shmp |
Forgiveness Of Ppp Loan
ForgivenessOfPppLoan
|
0 | USD |
CY2021Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | USD |
CY2020Q2 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
0 | USD |
CY2021Q2 | us-gaap |
Loss From Catastrophes
LossFromCatastrophes
|
0 | USD |
CY2020Q2 | us-gaap |
Loss From Catastrophes
LossFromCatastrophes
|
0 | USD |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
324653 | USD |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
120835 | USD |
CY2021Q2 | shmp |
Financing Costs
FinancingCosts
|
-109953 | USD |
CY2020Q2 | shmp |
Financing Costs
FinancingCosts
|
-61809 | USD |
CY2021Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
0 | USD |
CY2020Q2 | us-gaap |
Gain Loss On Derivative Instruments Net Pretax
GainLossOnDerivativeInstrumentsNetPretax
|
-29000 | USD |
CY2021Q2 | shmp |
Gain Loss On Warrant Liabilities Net Pretax
GainLossOnWarrantLiabilitiesNetPretax
|
0 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
15216943 | USD |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2020Q2 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1644262 | USD |
CY2020Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
335979 | USD |
CY2021Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | USD |
CY2020Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | USD |
CY2021Q2 | us-gaap |
Facility Costs
FacilityCosts
|
239325 | USD |
CY2020Q2 | us-gaap |
Facility Costs
FacilityCosts
|
11372 | USD |
CY2021Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
354503 | USD |
CY2020Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
10781 | USD |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2238090 | USD |
CY2020Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-478967 | USD |
CY2021Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2020Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | USD |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-2562743 | USD |
CY2020Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-478967 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2020Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1895 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2562743 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-477072 | USD |
CY2021Q2 | shmp |
Amortization Of Beneficial Conversion Feature On Preferred Shares
AmortizationOfBeneficialConversionFeatureOnPreferredShares
|
-817376 | USD |
CY2020Q2 | shmp |
Amortization Of Beneficial Conversion Feature On Preferred Shares
AmortizationOfBeneficialConversionFeatureOnPreferredShares
|
-293000 | USD |
CY2020Q2 | us-gaap |
Accretion Expense
AccretionExpense
|
0 | USD |
CY2021Q2 | shmp |
Redemption And Exchange Of Series D Preferred Shares
RedemptionAndExchangeOfSeriesDPreferredShares
|
-5792947 | USD |
CY2020Q2 | shmp |
Redemption And Exchange Of Series D Preferred Shares
RedemptionAndExchangeOfSeriesDPreferredShares
|
0 | USD |
CY2020Q2 | us-gaap |
Dividend Income Operating
DividendIncomeOperating
|
144792 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-9173066 | USD |
CY2020Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-914864 | USD |
CY2021Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.02 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
501477593 | shares |
CY2020Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
386434991 | shares |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3070969 | USD |
CY2021Q2 | shmp |
Issuance Of Common Share Upon Conversion Amount
IssuanceOfCommonShareUponConversionAmount
|
421486 | USD |
CY2021Q2 | shmp |
Conversion Of Series B Ps To Common Stock Amount
ConversionOfSeriesBPsToCommonStockAmount
|
0 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | USD |
CY2021Q2 | shmp |
Exchange Of Series D Ps To Series E Ps
ExchangeOfSeriesDPsToSeriesEPs
|
-3258189 | USD |
CY2021Q2 | shmp |
Sale Of Common Shares And Warrants For Cash Less Offering Costs And Commitment Shares Amount
SaleOfCommonSharesAndWarrantsForCashLessOfferingCostsAndCommitmentSharesAmount
|
17277223 | USD |
CY2021Q2 | shmp |
Exercise Of Warrants Related To The Sale Of Common Shares Amount
ExerciseOfWarrantsRelatedToTheSaleOfCommonSharesAmount
|
11000 | USD |
CY2021Q2 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
3269505 | USD |
CY2021Q2 | shmp |
Amortization Of Beneficial Conversion Feature Related To Series E Preferred Shares
AmortizationOfBeneficialConversionFeatureRelatedToSeriesEPreferredShares
|
-817376 | USD |
CY2021Q2 | shmp |
Redemption Of Series D Preferred Shares
RedemptionOfSeriesDPreferredShares
|
-2534758 | USD |
CY2021Q2 | shmp |
Amortization Of Beneficial Conversion Feature
AmortizationOfBeneficialConversionFeature
|
0 | USD |
CY2021Q2 | shmp |
Commitment Shares Issued With Series D Preferred Shares
CommitmentSharesIssuedWithSeriesDPreferredShares
|
0 | USD |
CY2021Q2 | shmp |
Common Shares To Be Issued For The Acquisition Of The Non Controlling Interest Subsidiarys Remaining Equity
CommonSharesToBeIssuedForTheAcquisitionOfTheNonControllingInterestSubsidiarysRemainingEquity
|
-1000000 | USD |
CY2021Q2 | shmp |
Common Shares To Be Issued For Patent Acquisition
CommonSharesToBeIssuedForPatentAcquisition
|
5000000 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
73651 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2562743 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
18950768 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2937780 | USD |
CY2020Q2 | shmp |
Issuance Of Common Share Upon Conversion Amount
IssuanceOfCommonShareUponConversionAmount
|
226437 | USD |
CY2020Q2 | us-gaap |
Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
|
205000 | USD |
CY2020Q2 | shmp |
Series B Preferred Stock Issued During Period Value New Issues
SeriesBPreferredStockIssuedDuringPeriodValueNewIssues
|
1250000 | USD |
CY2020Q2 | shmp |
Dividends Payable On Series B Ps
DividendsPayableOnSeriesBPs
|
-144792 | USD |
CY2020Q2 | shmp |
Series B Ps Dividends In Kind Issued Amount
SeriesBPsDividendsInKindIssuedAmount
|
56458 | USD |
CY2020Q2 | shmp |
Common Stock Issued In Vista Warrant Settlement Amount
CommonStockIssuedInVistaWarrantSettlementAmount
|
610000 | USD |
CY2020Q2 | shmp |
Prior Period Reclassification Adjustment Other
PriorPeriodReclassificationAdjustmentOther
|
90000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
61250 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-477072 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1060499 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2562743 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-477072 | USD |
CY2021Q2 | us-gaap |
Depreciation
Depreciation
|
354503 | USD |
CY2020Q2 | us-gaap |
Depreciation
Depreciation
|
10781 | USD |
CY2021Q2 | shmp |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
236364 | USD |
CY2020Q2 | shmp |
Amortization Of Debt Discount
AmortizationOfDebtDiscount
|
0 | USD |
CY2021Q2 | shmp |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
0 | USD |
CY2020Q2 | shmp |
Change In Fair Value Of Derivative Liability
ChangeInFairValueOfDerivativeLiability
|
29000 | USD |
CY2021Q2 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
109953 | USD |
CY2020Q2 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2020Q2 | shmp |
Default Penalty
DefaultPenalty
|
41112 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
CY2020Q2 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1895 | USD |
CY2021Q2 | shmp |
Forgiveness Of Ppp Loan
ForgivenessOfPppLoan
|
103200 | USD |
CY2020Q2 | shmp |
Forgiveness Of Ppp Loan
ForgivenessOfPppLoan
|
0 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
73651 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
61250 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
76500 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
68743 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
0 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Deposits Outstanding
IncreaseDecreaseInDepositsOutstanding
|
-628879 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-304997 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-149193 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-33836 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-159814 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
13018 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
6836 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
0 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
|
12096 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2140788 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1187035 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
411293 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
126158 | USD |
CY2021Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
2000000 | USD |
CY2020Q2 | us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
0 | USD |
CY2021Q2 | shmp |
Cash Paid For Acquisition Of Shares Of Nci
CashPaidForAcquisitionOfSharesOfNci
|
1000000 | USD |
CY2020Q2 | shmp |
Cash Paid For Acquisition Of Shares Of Nci
CashPaidForAcquisitionOfSharesOfNci
|
0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
0 | USD |
CY2020Q2 | us-gaap |
Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
|
917210 | USD |
CY2021Q2 | us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
749651 | USD |
CY2020Q2 | us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
0 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-4160944 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
791052 | USD |
CY2021Q2 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
2042 | USD |
CY2020Q2 | us-gaap |
Repayments Of Bank Debt
RepaymentsOfBankDebt
|
3989 | USD |
CY2021Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
24000 | USD |
CY2020Q2 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD |
CY2021Q2 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
655750 | USD |
CY2020Q2 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
0 | USD |
CY2021Q2 | shmp |
Repayment Of Short Term Promissory Note And Lines Of Credit
RepaymentOfShortTermPromissoryNoteAndLinesOfCredit
|
552788 | USD |
CY2020Q2 | shmp |
Repayment Of Short Term Promissory Note And Lines Of Credit
RepaymentOfShortTermPromissoryNoteAndLinesOfCredit
|
0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD |
CY2020Q2 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
103200 | USD |
CY2021Q2 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
17277223 | USD |
CY2020Q2 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
0 | USD |
CY2021Q2 | shmp |
Shares Issued Upon Exercise Of Warrants
SharesIssuedUponExerciseOfWarrants
|
11000 | USD |
CY2020Q2 | shmp |
Shares Issued Upon Exercise Of Warrants
SharesIssuedUponExerciseOfWarrants
|
0 | USD |
CY2021Q2 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
0 | USD |
CY2020Q2 | us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
1250000 | USD |
CY2021Q2 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
421486 | USD |
CY2020Q2 | us-gaap |
Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
|
0 | USD |
CY2021Q2 | shmp |
Redemption Of Series D Ps
RedemptionOfSeriesDPs
|
-3513504 | USD |
CY2020Q2 | shmp |
Redemption Of Series D Ps
RedemptionOfSeriesDPs
|
0 | USD |
CY2021Q2 | shmp |
Proceeds From Issuance Of Preferred Stock And Preference Stock Other
ProceedsFromIssuanceOfPreferredStockAndPreferenceStockOther
|
0 | USD |
CY2020Q2 | shmp |
Proceeds From Issuance Of Preferred Stock And Preference Stock Other
ProceedsFromIssuanceOfPreferredStockAndPreferenceStockOther
|
0 | USD |
CY2021Q2 | shmp |
Cash Received From Warrant Settlement
CashReceivedFromWarrantSettlement
|
0 | USD |
CY2020Q2 | shmp |
Cash Received From Warrant Settlement
CashReceivedFromWarrantSettlement
|
50000 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
12118653 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1399211 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5816922 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1003228 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
155795 | USD |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
109491 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5972717 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1112719 | USD |
CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
81536 | USD |
CY2020Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
17930 | USD |
CY2021Q2 | shmp |
Shares Issued Upon Conversion
SharesIssuedUponConversion
|
421486 | USD |
CY2020Q2 | shmp |
Shares Issued Upon Conversion
SharesIssuedUponConversion
|
226437 | USD |
CY2021Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
275400 | USD |
CY2020Q2 | us-gaap |
Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
|
0 | USD |
CY2021Q2 | us-gaap |
Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
|
0 | USD |
CY2020Q2 | us-gaap |
Dividends Preferred Stock Paidinkind
DividendsPreferredStockPaidinkind
|
56458 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
0 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
560000 | USD |
CY2021Q2 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">Preparing financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> | |
CY2021Q2 | shmp |
Shares To Be Issued As Consideration For Patent Acquisition
SharesToBeIssuedAsConsiderationForPatentAcquisition
|
5000000 | USD |
CY2020Q2 | shmp |
Shares To Be Issued As Consideration For Patent Acquisition
SharesToBeIssuedAsConsiderationForPatentAcquisition
|
0 | USD |
CY2021Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
2000000 | USD |
CY2020Q2 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
0 | USD |
CY2021Q2 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 1 – NATURE OF THE ORGANIZATION AND BUSINESS</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em>Nature of the Business</em></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">NaturalShrimp Incorporated (“NaturalShrimp” or the “Company”), a Nevada corporation, is a biotechnology company and has developed a proprietary technology that allows it to grow Pacific White shrimp (Litopenaeus vannamei, formerly Penaeus vannamei) in an ecologically controlled, high-density, low-cost environment, and in fully contained and independent production facilities. The Company’s system uses technology which allows it to produce a naturally-grown shrimp “crop” weekly and accomplishes this without the use of antibiotics or toxic chemicals. The Company has developed several proprietary technology assets, including a knowledge base that allows it to produce commercial quantities of shrimp in a closed system with a computer monitoring system that automates, monitors and maintains proper levels of oxygen, salinity and temperature for optimal shrimp production. Its initial production facility is located outside of San Antonio, Texas.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">On December 15, 2020, the Company entered into an Asset Purchase Agreement (“APA”) between VeroBlue Farms USA, Inc., a Nevada corporation (“VBF”), VBF Transport, Inc., a Delaware corporation (“Transport”), and Iowa’s First, Inc., an Iowa corporation (“Iowa’s First”) (each a “Seller” and collectively, “Sellers”). Transport and Iowa’s First were wholly-owned subsidiaries of VBF. The agreement called for the Company to purchase all of the tangible assets of VBF, the motor vehicles of Transport and the real property (together with all plants, buildings, structures, fixtures, fittings, systems and other improvements located on such real property) of Iowa’s First. The facility was originally designed as an aquaculture facility, with the company having production issues. The Company began a modification process to convert the plant to produce shrimp, which will allow them to scale faster without having to build new facilities. The three Iowa facilities contain the tanks and infrastructure that will be used to support the production of shrimp with the incorporation of the Company's patented EC platform technology. On May 19, 2021, the Company entered into a Securities Purchase Agreement (the “SPA”) with F&T Water Solutions, LLC (“F&T”), for F&T’s owned shares of Natural Aquatic Systems, Inc. Prior to entering into the SPA, the Company owned fifty-one percent (51%) and F&T owned forty-nine percent (49%) of the issued and outstanding shares of common stock of NAS. After the SPA, NAS is a 100% owned subsidiary of the Company (See Note 8).</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The Company has three wholly-owned subsidiaries including NaturalShrimp Corporation, NaturalShrimp Global, Inc. and NAS.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em>Going Concern</em></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The accompanying consolidated financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), assuming the Company will continue as a going concern, which contemplates the realization of assets and satisfaction of liabilities in the normal course of business. For the three months ended June 30, 2021, the Company had a net loss available for common stockholders of approximately $9,173,000. At June 30, 2021, the Company had an accumulated deficit of approximately $62,856,000. These factors raise substantial doubt about the Company’s ability to continue as a going concern, within one year from the issuance date of this filing. The Company’s ability to continue as a going concern is dependent on its ability to raise the required additional capital or debt financing to meet short and long-term operating requirements. During the three months ended June 30, 2021, the Company received net cash proceeds of approximately $17,277,000 from the sale of common shares (See Note 9). Management believes that private placements of equity capital will be needed to fund the Company’s long-term operating requirements. The Company may also encounter business endeavors that require significant cash commitments or unanticipated problems or expenses that could result in a requirement for additional cash. If the Company raises additional funds through the issuance of equity, the percentage ownership of its current shareholders could be reduced, and such securities might have rights, preferences or privileges senior to our common stock. Additional financing may not be available upon acceptable terms, or at all. If adequate funds are not available or are not available on acceptable terms, the Company may not be able to take advantage of prospective business endeavors or opportunities, which could significantly and materially restrict our operations. The Company continues to pursue external financing alternatives to improve its working capital position. If the Company is unable to obtain the necessary capital, the Company may be unable to develop its facilities and enter in production.</p> | |
CY2021Q2 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
1560000 | shares |
CY2021Q2 | shmp |
Derivative Liability Ending
DerivativeLiabilityEnding
|
176000 | USD |
CY2021Q2 | us-gaap |
Fair Value Net Derivative Asset Liability Measured On Recurring Basis Unobservable Inputs Reconciliation Gain Loss Included In Earnings
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisUnobservableInputsReconciliationGainLossIncludedInEarnings
|
-205000 | USD |
CY2021Q2 | shmp |
Change In Fair Value
ChangeInFairValue
|
29000 | USD |
CY2021Q2 | shmp |
Balance At End Of Period
BalanceAtEndOfPeriod
|
0 | USD |
CY2021Q1 | us-gaap |
Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
|
90000 | USD |
CY2021Q2 | shmp |
Warrant Liability Reclass To Equity Upon Exercise
WarrantLiabilityReclassToEquityUponExercise
|
-90000 | USD |
CY2021Q2 | shmp |
Gain Loss On Warrant Liability
GainLossOnWarrantLiability
|
0 | USD |
CY2021Q2 | shmp |
Warrant Liability Ending
WarrantLiabilityEnding
|
0 | USD |
CY2021Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12236557 | USD |
CY2020Q2 | us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
11000 | USD |
CY2021Q2 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 45px; text-align:justify;">The Company maintains cash balances at two financial institutions. Accounts at this institution are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000. As of June 30, 2021 the Company’s cash balance exceeded FDIC coverage. As of March 31, 2021, the Company’s cash balance did not exceed FDIC coverage. The Company has not experienced any losses in such accounts and periodically evaluates the credit worthiness of the financial institutions and has determined the credit exposure to be negligible.</p> | |
CY2021Q2 | us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
306000 | USD |
CY2021Q2 | us-gaap |
Proceeds From Secured Notes Payable
ProceedsFromSecuredNotesPayable
|
789 | USD |
CY2016Q1 | shmp |
Consulting Services
ConsultingServices
|
655750 | USD |
CY2021Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
54647 | USD |
CY2021Q2 | shmp |
Borrowing Rate
BorrowingRate
|
5% | |
CY2020Q3 | shmp |
Promissory Note For Accrued Compensation And Debt
PromissoryNoteForAccruedCompensationAndDebt
|
383604 | USD |
CY2021Q2 | shmp |
Monthly Rent
MonthlyRent
|
7000 | USD |
CY2021Q2 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1727 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
52362 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
17454 | USD |