$SOWG
Sow Good Inc

2022 Q3 Form 10-Q Financial Statement

#000168316822005674 Filed on August 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $87.74K $244.9K $48.37K
YoY Change 315.05% 3361.6%
Cost Of Revenue $65.20K $150.6K $47.49K
YoY Change 236.06% 2974.16%
Gross Profit $22.55K $94.34K $880.00
YoY Change 1195.75% 4233.49%
Gross Profit Margin 25.7% 38.52% 1.82%
Selling, General & Admin $1.253M $1.784M $1.384M
YoY Change -17.42% 27.25% 20.78%
% of Gross Profit 5557.92% 1891.02% 157263.64%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $75.23K $75.71K $72.95K
YoY Change 15.97% 26.08% 1359.0%
% of Gross Profit 333.67% 80.25% 8289.77%
Operating Expenses $1.322M $1.852M $1.449M
YoY Change -16.43% 26.66% 25.92%
Operating Profit -$1.300M -$1.757M -$1.448M
YoY Change -17.77% 20.38%
Interest Expense $384.0K $355.5K -$103.8K
YoY Change -22687.94% 28987.73% -145.28%
% of Operating Profit
Other Income/Expense, Net -$347.6K -$355.5K -$103.8K
YoY Change 20383.38% 262.7%
Pretax Income -$1.647M -$2.113M -$1.552M
YoY Change 4.12% 35.63% 92.12%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.647M -$2.113M -$1.552M
YoY Change 4.12% 35.63% 92.12%
Net Earnings / Revenue -1877.43% -862.56% -3208.72%
Basic Earnings Per Share -$0.34 -$0.44 -$0.32
Diluted Earnings Per Share -$0.34 -$0.44 -$322.7K
COMMON SHARES
Basic Shares Outstanding 4.847M shares 4.838M shares 4.810M shares
Diluted Shares Outstanding 4.846M shares 4.838M shares 4.810M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.375M $2.757M $1.815M
YoY Change -46.72% -26.58% -40.63%
Cash & Equivalents $1.375M $2.757M $1.815M
Short-Term Investments
Other Short-Term Assets $118.4K $109.9K $68.38K
YoY Change 45.41% 160.46% 28.58%
Inventory $1.901M $1.846M $1.772M
Prepaid Expenses $118.4K $109.9K
Receivables $225.9K $194.1K $11.97K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.620M $4.907M $3.667M
YoY Change -5.55% 5.37% 2.8%
LONG-TERM ASSETS
Property, Plant & Equipment $4.760M $4.542M $3.965M
YoY Change 9.3% 7.21% -5.68%
Goodwill $4.887M $4.887M
YoY Change
Intangibles
YoY Change
Long-Term Investments $24.00K $24.00K $10.00K
YoY Change 140.0% 140.0%
Other Assets $10.00K
YoY Change 0.0%
Total Long-Term Assets $11.26M $11.06M $9.171M
YoY Change 4.49% 3.76% -13.69%
TOTAL ASSETS
Total Short-Term Assets $3.620M $4.907M $3.667M
Total Long-Term Assets $11.26M $11.06M $9.171M
Total Assets $14.88M $15.97M $12.84M
YoY Change 1.86% 4.25% -9.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $487.8K $1.045M $334.6K
YoY Change 159.56% 535.4% 44.08%
Accrued Expenses $202.7K $263.3K $163.8K
YoY Change -7.45% 16.65% -40.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $741.3K $1.358M $498.3K
YoY Change 82.18% 247.96% -1.45%
LONG-TERM LIABILITIES
Long-Term Debt $3.525M $2.854M $1.586M
YoY Change 2249.72% 1802.38% 957.01%
Other Long-Term Liabilities $1.315M $1.329M $1.341M
YoY Change -3.72% -3.57% -3.42%
Total Long-Term Liabilities $4.840M $4.182M $2.927M
YoY Change 219.21% 173.74% 90.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $741.3K $1.358M $498.3K
Total Long-Term Liabilities $4.840M $4.182M $2.927M
Total Liabilities $5.581M $5.540M $3.425M
YoY Change 190.21% 188.84% 67.52%
SHAREHOLDERS EQUITY
Retained Earnings -$48.86M -$47.22M
YoY Change
Common Stock $4.847K $4.841K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $9.298M $10.43M $9.413M
YoY Change
Total Liabilities & Shareholders Equity $14.88M $15.97M $12.84M
YoY Change 1.86% 4.25% -9.55%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$1.647M -$2.113M -$1.552M
YoY Change 4.12% 35.63% 92.12%
Depreciation, Depletion And Amortization $75.23K $75.71K $72.95K
YoY Change 15.97% 26.08% 1359.0%
Cash From Operating Activities -$1.875M -$791.8K -$1.483M
YoY Change 21.76% -49.57% 24.08%
INVESTING ACTIVITIES
Capital Expenditures -$321.0K -$1.967M -$48.34K
YoY Change 60.81% 1716.8% -93.06%
Acquisitions
YoY Change
Other Investing Activities $63.96K $0.00
YoY Change -100.0%
Cash From Investing Activities -$257.0K -$1.967M -$48.34K
YoY Change 28.77% -742.48% -93.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 750.0K 3.700M $0.00
YoY Change 32.66% 49.67% -100.0%
NET CHANGE
Cash From Operating Activities -1.875M -791.8K -1.483M
Cash From Investing Activities -257.0K -1.967M -48.34K
Cash From Financing Activities 750.0K 3.700M $0.00
Net Change In Cash -1.382M 941.6K -1.531M
YoY Change 17.7% -22.08% -341.71%
FREE CASH FLOW
Cash From Operating Activities -$1.875M -$791.8K -$1.483M
Capital Expenditures -$321.0K -$1.967M -$48.34K
Free Cash Flow -$1.554M $1.175M -$1.434M
YoY Change 15.94% -180.38% 187.93%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Central Index Key
EntityCentralIndexKey
0001490161
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-53952
dei Entity Registrant Name
EntityRegistrantName
SOW GOOD INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
27-2345075
dei Entity Address Address Line1
EntityAddressAddressLine1
1440 N. Union Bower
dei Entity Address City Or Town
EntityAddressCityOrTown
Irving
dei Entity Address State Or Province
EntityAddressStateOrProvince
TX
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
75061
dei City Area Code
CityAreaCode
(214)
dei Local Phone Number
LocalPhoneNumber
623-6055
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
dei Security12b Title
Security12bTitle
Common Stock
dei Trading Symbol
TradingSymbol
SOWG
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
4847384 shares
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2756534 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3345928 usd
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
194081 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
12382 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
109941 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
81057 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
1845959 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
1451897 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
4906515 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
4891264 usd
CY2022Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1884719 usd
CY2021Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
0 usd
CY2022Q2 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
3015737 usd
CY2021Q4 us-gaap Property Plant And Equipment Owned Gross
PropertyPlantAndEquipmentOwnedGross
2891352 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
358751 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
210096 usd
CY2021Q4 us-gaap Goodwill
Goodwill
4887297 usd
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4840974 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4840974 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4809070 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4809070 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
4841 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
4809 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4541705 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2681256 usd
CY2022Q2 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
24000 usd
CY2021Q4 us-gaap Deposits Assets Noncurrent
DepositsAssetsNoncurrent
10000 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1295632 usd
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1329089 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
310173 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
304244 usd
CY2022Q2 us-gaap Goodwill
Goodwill
4887297 usd
CY2022Q2 us-gaap Assets
Assets
15965322 usd
CY2021Q4 us-gaap Assets
Assets
14103150 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
1045426 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
279337 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
263295 usd
CY2021Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
77750 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
49191 usd
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
45970 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
1357912 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
403057 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1328637 usd
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1353898 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
2660748 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
699213 usd
CY2022Q2 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
2534252 usd
CY2021Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
1375787 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
410681 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
319319 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
150000 usd
CY2022Q2 us-gaap Liabilities
Liabilities
5540120 usd
CY2021Q4 us-gaap Liabilities
Liabilities
3282742 usd
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
57637706 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
54342027 usd
CY2021Q4 SOWG Common Stock Payable Shares
CommonStockPayableShares
11585 shares
CY2022Q2 SOWG Common Stock Payable
CommonStockPayable
0 usd
CY2021Q4 SOWG Common Stock Payable
CommonStockPayable
26066 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-47217345 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-43552494 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
10425202 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
10820408 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
15965322 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
14103150 usd
CY2022Q2 us-gaap Revenues
Revenues
244943 usd
CY2021Q2 us-gaap Revenues
Revenues
7076 usd
us-gaap Revenues
Revenues
293315 usd
us-gaap Revenues
Revenues
7076 usd
CY2022Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
150603 usd
CY2021Q2 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4899 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
198094 usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
4899 usd
CY2022Q2 us-gaap Gross Profit
GrossProfit
94340 usd
CY2021Q2 us-gaap Gross Profit
GrossProfit
2177 usd
us-gaap Gross Profit
GrossProfit
95221 usd
us-gaap Gross Profit
GrossProfit
2177 usd
CY2022Q2 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
1242900 usd
CY2021Q2 us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
916957 usd
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
2159055 usd
us-gaap Other Labor Related Expenses
OtherLaborRelatedExpenses
1674101 usd
CY2022Q2 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
53295 usd
CY2021Q2 us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
60694 usd
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
115988 usd
us-gaap Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
162593 usd
CY2022Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
487789 usd
CY2021Q2 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
424263 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
892865 usd
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
711084 usd
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1783984 usd
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
1401914 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
3167908 usd
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
2547778 usd
CY2022Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
67693 usd
CY2021Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
60056 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
132919 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
65052 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
1851677 usd
CY2021Q2 us-gaap Operating Expenses
OperatingExpenses
1461970 usd
us-gaap Operating Expenses
OperatingExpenses
3300827 usd
us-gaap Operating Expenses
OperatingExpenses
2612830 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1757337 usd
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-1459793 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-3205606 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2610653 usd
CY2022Q2 SOWG Interest Expense Warrants
InterestExpenseWarrants
262074 usd
SOWG Interest Expense Warrants
InterestExpenseWarrants
321798 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
355452 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
1222 usd
us-gaap Interest Expense
InterestExpense
459245 usd
us-gaap Interest Expense
InterestExpense
2734 usd
CY2022Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 usd
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
113772 usd
CY2022Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
0 usd
CY2021Q2 us-gaap Gain Loss On Investments
GainLossOnInvestments
-96779 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
0 usd
us-gaap Gain Loss On Investments
GainLossOnInvestments
133944 usd
CY2022Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-355452 usd
CY2021Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-98001 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-459245 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
244982 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2112789 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1557794 usd
us-gaap Net Income Loss
NetIncomeLoss
-3664851 usd
us-gaap Net Income Loss
NetIncomeLoss
-2365671 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4837950 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3963682 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4823974 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3813555 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.76
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.62
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4837950 shares
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3963682 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4823974 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3813555 shares
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.44
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.76
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.62
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
12148475 usd
CY2021Q2 SOWG Stock Issued During Period Value New Issues1
StockIssuedDuringPeriodValueNewIssues1
1474996 usd
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
997140 usd
CY2021Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
173080 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
20000 usd
CY2021Q2 SOWG Common Stock Options Granted To Officers And Directors For Services
CommonStockOptionsGrantedToOfficersAndDirectorsForServices
132604 usd
CY2021Q2 SOWG Common Stock Options Granted To Employees For Services
CommonStockOptionsGrantedToEmployeesForServices
7640 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1557794 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
13396141 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
9412607 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
2249684 usd
CY2022Q2 SOWG Common Stock Warrants Granted To Note Holders Pursuant To Debt Financing
CommonStockWarrantsGrantedToNoteHoldersPursuantToDebtFinancing
444330 usd
CY2022Q2 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
24998 usd
CY2022Q2 SOWG Common Stock Issued To Advisory Board For Services
CommonStockIssuedToAdvisoryBoardForServices
20000 usd
CY2022Q2 SOWG Common Stock Options Granted To Officers And Directors For Services
CommonStockOptionsGrantedToOfficersAndDirectorsForServices
296002 usd
CY2022Q2 SOWG Common Stock Options Granted To Employees And Advisors For Services
CommonStockOptionsGrantedToEmployeesAndAdvisorsForServices
90370 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-2112789 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
10425202 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
10055461 usd
SOWG Stock Issued During Period Value New Issues1
StockIssuedDuringPeriodValueNewIssues1
2374996 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2622140 usd
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
427750 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
20000 usd
SOWG Common Stock Options Granted To Officers And Directors For Services
CommonStockOptionsGrantedToOfficersAndDirectorsForServices
237776 usd
SOWG Common Stock Options Granted To Employees For Services
CommonStockOptionsGrantedToEmployeesForServices
23689 usd
us-gaap Net Income Loss
NetIncomeLoss
-2365671 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
13396141 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
10820408 usd
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
2249684 usd
SOWG Common Stock Warrants Granted To Note Holders Pursuant To Debt Financing
CommonStockWarrantsGrantedToNoteHoldersPursuantToDebtFinancing
444330 usd
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
24998 usd
SOWG Common Stock Issued To Advisory Board For Services
CommonStockIssuedToAdvisoryBoardForServices
30000 usd
SOWG Common Stock Options Granted To Officers And Directors For Services
CommonStockOptionsGrantedToOfficersAndDirectorsForServices
417742 usd
SOWG Common Stock Options Granted To Employees And Advisors For Services
CommonStockOptionsGrantedToEmployeesAndAdvisorsForServices
102891 usd
us-gaap Net Income Loss
NetIncomeLoss
-3664851 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
10425202 usd
us-gaap Net Income Loss
NetIncomeLoss
-3664851 usd
us-gaap Net Income Loss
NetIncomeLoss
-2365671 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
148655 usd
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
65052 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-0 usd
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
133944 usd
SOWG Gain On Early Extinguishment Of Debt
GainOnEarlyExtinguishmentOfDebt
-0 usd
SOWG Gain On Early Extinguishment Of Debt
GainOnEarlyExtinguishmentOfDebt
113772 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
24998 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
427750 usd
SOWG Common Stock Awarded To Advisors For Services
CommonStockAwardedToAdvisorsForServices
30000 usd
SOWG Common Stock Awarded To Advisors For Services
CommonStockAwardedToAdvisorsForServices
20000 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
520633 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
261465 usd
SOWG Amortization Of Stock Warrants Issued As Debt Discount
AmortizationOfStockWarrantsIssuedAsDebtDiscount
321798 usd
SOWG Amortization Of Stock Warrants Issued As Debt Discount
AmortizationOfStockWarrantsIssuedAsDebtDiscount
0 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
181699 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1074 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
28884 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-14218 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
394062 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
717403 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-14000 usd
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
0 usd
SOWG Increase Decrease In Rightof Use Asset
IncreaseDecreaseInRightofUseAsset
-33457 usd
SOWG Increase Decrease In Rightof Use Asset
IncreaseDecreaseInRightofUseAsset
-32275 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
766089 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-160585 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
185545 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-74100 usd
SOWG Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-22040 usd
SOWG Increase Decrease In Lease Liabilities
IncreaseDecreaseInLeaseLiabilities
-19052 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2274361 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2764841 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 usd
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
414361 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
124384 usd
us-gaap Payments To Acquire Other Property Plant And Equipment
PaymentsToAcquireOtherPropertyPlantAndEquipment
805004 usd
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
1884720 usd
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
-0 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
5929 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
-0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2015033 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-390643 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
3120000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
580000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
4997136 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3700000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4997136 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-589394 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1841652 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3345928 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1912729 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2756534 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3754381 usd
us-gaap Interest Paid Net
InterestPaidNet
43606 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
SOWG Value Of Debt Discounts Attributable To Warrants
ValueOfDebtDiscountsAttributableToWarrants
2694014 usd
SOWG Value Of Debt Discounts Attributable To Warrants
ValueOfDebtDiscountsAttributableToWarrants
0 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80C_eus-gaap--NatureOfOperations_zT2kIWi2EcKj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b>Note 1 – <span id="xdx_82F_zSDTn4A8LaY2">Organization and Nature of Business</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Effective January 21, 2021, we changed our name from Black Ridge Oil &amp; Gas, Inc. to Sow Good Inc. (“SOWG,” “Sow Good,” or the “Company”) to pursue the freeze dried fruits and vegetables business as acquired with our October 1, 2020 acquisition of S-FDF, LLC. Our common stock is traded on the OTCQB under the trading symbol “SOWG”. At that time, our common stock started to be quoted on the OTCQB under the trading symbol “SOWG”, from the former trading symbol “ANFC”. Prior to April 2, 2012, the Company name was Ante5, Inc., which became an independent company in April 2010. We became a publicly traded company when our shares began trading on July 1, 2010. From October 2010 through August 2019, we had been engaged in the business of acquiring oil and gas leases and participating in the drilling of wells in the Bakken and Three Forks trends in North Dakota and Montana and /or managing similar assets for third parties.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On September 26, 2017, the Company finalized an equity raise utilizing a rights offering and backstop agreement, raising net proceeds of $<span id="xdx_908_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_c20170101__20170926__us-gaap--SubsidiarySaleOfStockAxis__custom--EquityRaiseMember_pp0p0" title="Sale of stock">5,051,675</span> and issuing <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20170101__20170926__us-gaap--SubsidiarySaleOfStockAxis__custom--EquityRaiseMember_pdd" title="Number of shares issued, shares">1,439,400</span> shares. The proceeds were used to sponsor a special purpose acquisition company, discussed below, with the remainder for general corporate purposes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On October 10, 2017, the Company’s sponsored special purpose acquisition company, Black Ridge Acquisition Corp. (“BRAC”), completed an IPO raising $<span id="xdx_909_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_c20170101__20171010__dei--LegalEntityAxis__custom--BracMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--TransactionTypeAxis__us-gaap--OverAllotmentOptionMember_pp0p0" title="Proceeds from IPO">138,000,000</span> of gross proceeds (including proceeds from the exercise of an over-allotment option by the underwriters on October 18, 2017). In addition, the Company purchased <span id="xdx_900_ecustom--UnitsBought_c20170101__20171010__dei--LegalEntityAxis__custom--BracMember__us-gaap--SubsidiarySaleOfStockAxis__custom--PrivatePlacement1Member_pdd" title="Units bought">445,000</span> BRAC units at $<span id="xdx_90C_ecustom--UnitPrice_c20170101__20171010__dei--LegalEntityAxis__custom--BracMember__us-gaap--SubsidiarySaleOfStockAxis__custom--PrivatePlacement1Member_pdd" title="Unit price">10.00</span> per unit in a private placement transaction for a total contribution of $<span id="xdx_902_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_c20170101__20171010__dei--LegalEntityAxis__custom--BracMember__us-gaap--SubsidiarySaleOfStockAxis__custom--PrivatePlacement1Member_pp0p0" title="Sale of stock">4,450,000</span> in order to fulfill its obligations in sponsoring BRAC, a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities. BRAC’s efforts to identify a prospective target business were not limited to a particular industry or geographic region. Following the IPO and over-allotment, BROG owned 22% of the outstanding common stock of BRAC and managed BRAC’s operations via a management services agreement. On December 19, 2018, BRAC entered into a business combination agreement, which subsequently closed on August 9, 2019.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On October 1, 2020, the Company completed its acquisition of S-FDF, LLC pursuant to an Asset Purchase Agreement. In connection with the closing of the Asset Purchase Agreement, the Company acquired approximately $2.2 million in cash and certain assets and agreements related to the Seller’s freeze dried fruits and vegetables business for human consumption and entered into certain employment and registration rights agreements.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On February 5, 2021, the Company raised over $<span id="xdx_908_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_pn3n3_dm_c20210204__20210205__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zw49zIecbIkg" title="Sale of stock">2.5</span> million of capital from the sale of <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20210204__20210205__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of shares issued, shares">631,250</span> newly issued shares at a share price of $<span id="xdx_906_eus-gaap--SharePrice_c20210205__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Share price">4.00</span> in a private placement. The proceeds were used to find capital expenditures and working capital investment.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On May 5, 2021, the Company announced the launch of our direct-to-consumer freeze dried consumer packaged goods (CPG) food brand, Sow Good. Sow Good launched with its first line of non-GMO products including 6 ready-to-make smoothies and 9 snacks.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On July 7, 2021, the Company raised over $<span id="xdx_906_eus-gaap--Capital_iI_pn3n3_dm_c20210707__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_z502Y6hbhy9g" title="Capital">3</span> million of capital from the sale of <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20210706__20210707__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Number of shares issued, shares">714,701</span> newly issued shares at a share price of $<span id="xdx_900_eus-gaap--SharePrice_c20210707__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_pdd" title="Share price">4.25</span> in a private placement. Investors in the private placement included Sow Good’s Chief Executive Officer, Executive Chairman, and Chief Financial Officer, in addition to other Sow Good board members and a small group of accredited investors. The proceeds were used to invest in inventory ahead of pursuing larger business-to-business relationships, as well as funding incremental capital expenditures and general operating expenses.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">On July 23, 2021, we launched six new gluten-free granola products under the Sow Good brand. Sow Good’s granola products are made with health-conscious ingredients such as freeze dried fruit, almonds, hemp hearts, and coconut oil.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 31, 2021, we sold an aggregate $<span id="xdx_903_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_pp0p0_c20220101__20220630__us-gaap--DebtInstrumentAxis__custom--PromissoryNoteMember_zF4LDBdrNf" title="Sale of stock">2,075,000</span> of promissory notes and warrants to purchase an aggregate <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20220101__20220630__us-gaap--AwardTypeAxis__custom--WarrantsMember_zcBMmaq3yuJ2" title="Number of shares issued, shares">311,250</span> shares of common stock to related parties, representing <span id="xdx_907_ecustom--WarrantPurchased_c20220101__20220630_zYboh9H9ivKk" title="Warrant purchased">15,000</span> warrant shares per $<span id="xdx_903_eus-gaap--NotesPayable_iI_pp0p0_c20220630__us-gaap--AwardTypeAxis__us-gaap--WarrantMember_z6vpEpHtA2ta" title="Notes payable">100,000</span> of promissory notes. The warrants are exercisable at a price of $<span id="xdx_90D_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20220630_zWu7cAgPkUq1" title="Warrabt exercisable price">2.21</span> per share over a ten-year term. The proceeds will be used for working capital investment and to ramp up our freeze dried consumer packaged goods business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On April 8, 2022, we sold an aggregate $<span id="xdx_909_eus-gaap--ProceedsFromIssuanceOrSaleOfEquity_pp0p0_c20220401__20220408__us-gaap--DebtInstrumentAxis__custom--PromissoryNoteMember_z0lM1cbMSau5" title="Sale of stock">3,700,000</span> of promissory notes and warrants to purchase an aggregate <span id="xdx_906_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20220401__20220408_z0tYo51QFno8" title="Number of shares issued, shares">925,000</span> shares of common stock, including $<span id="xdx_908_eus-gaap--StockIssuedDuringPeriodValueNewIssues_pp0p0_c20220401__20220408__us-gaap--AwardTypeAxis__us-gaap--WarrantMember_z9TqdSV7d137" title="Number of shares issued">3,120,000</span> and warrants to purchase an aggregate <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20220401__20220408__us-gaap--AwardTypeAxis__us-gaap--WarrantMember_zqioRGUob1Ri" title="Number of shares issued, shares">780,000</span> shares of common stock, to related parties. The warrants are exercisable at a price of $<span id="xdx_906_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20220408__us-gaap--AwardTypeAxis__us-gaap--WarrantMember_zLrIpcwuVIs4" title="Warrabt exercisable price">2.35</span> per share over a ten-year term. These proceeds will also be used for working capital investment and to ramp up our freeze dried consumer packaged goods business.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
SOWG Warrant Purchased
WarrantPurchased
15000 shares
CY2022Q2 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
2.21
CY2022Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
925000 shares
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_844_eus-gaap--UseOfEstimates_zMRzRn7EwVv1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="text-decoration: underline"><span id="xdx_86F_z6i44jypHfT">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with generally accepted accounting principles 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 amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2022Q2 us-gaap Cash Uninsured Amount
CashUninsuredAmount
2259715 usd
us-gaap Depreciation
Depreciation
148655 usd
us-gaap Depreciation
Depreciation
65052 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
418623 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
273135 usd
CY2022Q2 SOWG Inventory Packaging Materials
InventoryPackagingMaterials
323710 usd
CY2021Q4 SOWG Inventory Packaging Materials
InventoryPackagingMaterials
95436 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
564192 usd
CY2021Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
613063 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
509434 usd
CY2021Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
470263 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
1845959 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
1451897 usd
CY2021 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1524030 usd
us-gaap Share Based Compensation
ShareBasedCompensation
575631 usd
us-gaap Share Based Compensation
ShareBasedCompensation
709215 usd
SOWG Amortization Of Warrants
AmortizationOfWarrants
321798 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-47217345 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2756534 usd
us-gaap Lease Expiration Date1
LeaseExpirationDate1
2025-09-15
SOWG Monthly Lease Payment
MonthlyLeasePayment
10036 usd
CY2022Q2 SOWG Prepaid Software Licenses
PrepaidSoftwareLicenses
67013 usd
CY2021Q4 SOWG Prepaid Software Licenses
PrepaidSoftwareLicenses
28314 usd
CY2022Q2 us-gaap Prepaid Insurance
PrepaidInsurance
13527 usd
CY2021Q4 us-gaap Prepaid Insurance
PrepaidInsurance
11179 usd
CY2022Q2 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
18582 usd
CY2021Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
22728 usd
CY2022Q2 SOWG Trade Show Advances
TradeShowAdvances
10819 usd
CY2021Q4 SOWG Trade Show Advances
TradeShowAdvances
18836 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
109941 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
81057 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4900456 usd
CY2021Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2891352 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
358751 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
210096 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4541705 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2681256 usd
us-gaap Depreciation
Depreciation
148655 usd
us-gaap Depreciation
Depreciation
65052 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
310173 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
304244 usd
SOWG Lease Expiration Date
LeaseExpirationDate
2025-08-31
SOWG Monthly Lease Payment
MonthlyLeasePayment
10036 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
73441 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1295632 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
49191 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
1328637 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1377828 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y8M23D
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0575 pure
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
22040 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
63264 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
129046 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
132917 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
136905 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1554000 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2016132 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
638304 usd
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
1377828 usd
CY2022Q2 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
5195000 usd
CY2021Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
2075000 usd
CY2022Q2 SOWG Notes Payable Related Parties Current And Noncurrent Net
NotesPayableRelatedPartiesCurrentAndNoncurrentNet
2534252 usd
CY2021Q4 SOWG Notes Payable Related Parties Current And Noncurrent Net
NotesPayableRelatedPartiesCurrentAndNoncurrentNet
1375787 usd
CY2022Q2 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
0 usd
CY2021Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
0 usd
CY2022Q2 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
2534252 usd
CY2021Q4 us-gaap Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
1375787 usd
us-gaap Interest Expense Other
InterestExpenseOther
414679 usd
CY2022Q2 us-gaap Notes And Loans Payable
NotesAndLoansPayable
730000 usd
CY2021Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
150000 usd
CY2022Q2 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
410681 usd
CY2021Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
0 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
319319 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
150000 usd
CY2022Q2 us-gaap Notes Payable Current
NotesPayableCurrent
0 usd
CY2021Q4 us-gaap Notes Payable Current
NotesPayableCurrent
0 usd
CY2022Q2 us-gaap Long Term Notes Payable
LongTermNotesPayable
319319 usd
CY2021Q4 us-gaap Long Term Notes Payable
LongTermNotesPayable
150000 usd
CY2022Q2 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
444330 usd
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4840974 shares
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
8170728 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
8170728 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
us-gaap Operating Lease Expense
OperatingLeaseExpense
10036 usd

Files In Submission

Name View Source Status
0001683168-22-005674-index-headers.html Edgar Link pending
0001683168-22-005674-index.html Edgar Link pending
0001683168-22-005674.txt Edgar Link pending
0001683168-22-005674-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
logo.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
sowg-20220630.xsd Edgar Link pending
sowg-20220630_def.xml Edgar Link unprocessable
sowgood_ex3101.htm Edgar Link pending
sowgood_ex3201.htm Edgar Link pending
sowgood_i10q-063022.htm Edgar Link pending
sowg-20220630_pre.xml Edgar Link unprocessable
sowgood_i10q-063022_htm.xml Edgar Link completed
sowg-20220630_cal.xml Edgar Link unprocessable
sowg-20220630_lab.xml Edgar Link unprocessable