2020 Q4 Form 10-K Financial Statement

#000121390022054262 Filed on September 06, 2022

View on sec.gov

Income Statement

Concept 2020 Q4 2020 2019
Revenue $0.00 $0.00
YoY Change
Cost Of Revenue $812.2K $812.2K $2.510M
YoY Change -67.64% -67.64%
Gross Profit -$812.2K -$812.2K -$2.510M
YoY Change -67.64% -67.64%
Gross Profit Margin
Selling, General & Admin -$612.1K $287.7K $752.0K
YoY Change -61.74% -19.42%
% of Gross Profit
Research & Development $1.000K $3.000K $60.87K
YoY Change -77.78% -95.07% 124.36%
% of Gross Profit
Depreciation & Amortization $9.360K $37.43K $37.70K
YoY Change -9.39% -0.72% 93.73%
% of Gross Profit
Operating Expenses -$611.1K $1.103M $812.9K
YoY Change -35.35% 35.68% -15.36%
Operating Profit -$201.1K -$1.915M -$3.323M
YoY Change -87.15% -42.36%
Interest Expense -$80.00 $1.059K -$19.74K
YoY Change -98.57% -105.36% -33000.0%
% of Operating Profit
Other Income/Expense, Net -$20.70K -$21.75K -$19.74K
YoY Change 10.2%
Pretax Income -$221.8K -$1.125M -$3.386M
YoY Change -86.25% -66.78% 252.59%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$221.8K -$1.125M -$3.386M
YoY Change -86.25% -66.78% 252.59%
Net Earnings / Revenue
Basic Earnings Per Share -$0.05 -$0.16
Diluted Earnings Per Share -$8.151K -$0.05 -$157.2K
COMMON SHARES
Basic Shares Outstanding 23.37M shares 21.54M shares
Diluted Shares Outstanding 23.37M shares 21.54M shares

Balance Sheet

Concept 2020 Q4 2020 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $160.7K $160.7K $28.47K
YoY Change 464.49% 464.49% -20.3%
Cash & Equivalents $160.7K $160.7K $28.47K
Short-Term Investments
Other Short-Term Assets $2.290K $2.290K $6.290K
YoY Change -63.59% -63.59% 7.89%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $163.0K $163.0K $34.76K
YoY Change 368.87% 368.93% -16.34%
LONG-TERM ASSETS
Property, Plant & Equipment $38.21K $38.21K $84.64K
YoY Change -54.86% -54.86% 139.5%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $115.5K $115.5K
YoY Change
Total Long-Term Assets $154.9K $154.9K $97.76K
YoY Change 58.42% 58.42% -5.89%
TOTAL ASSETS
Total Short-Term Assets $163.0K $163.0K $34.76K
Total Long-Term Assets $154.9K $154.9K $97.76K
Total Assets $317.9K $317.9K $132.5K
YoY Change 139.86% 139.87% -8.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $131.7K $131.7K $141.4K
YoY Change -6.86% -6.86% 1311.38%
Accrued Expenses $188.7K $860.2K $596.9K
YoY Change -68.38% 44.12% 81.72%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $90.00K
YoY Change -100.0% -100.0% 500.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.187M $1.187M $1.196M
YoY Change -0.74% -0.74% 165.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.187M $1.187M $1.196M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.187M $1.187M $1.196M
YoY Change -0.74% -0.74% 165.86%
SHAREHOLDERS EQUITY
Retained Earnings -$6.994M
YoY Change 19.16%
Common Stock $6.024M
YoY Change 32.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$869.0K -$869.1K -$1.063M
YoY Change
Total Liabilities & Shareholders Equity $317.9K $317.9K $132.5K
YoY Change 139.86% 139.87% -8.88%

Cashflow Statement

Concept 2020 Q4 2020 2019
OPERATING ACTIVITIES
Net Income -$221.8K -$1.125M -$3.386M
YoY Change -86.25% -66.78% 252.59%
Depreciation, Depletion And Amortization $9.360K $37.43K $37.70K
YoY Change -9.39% -0.72% 93.73%
Cash From Operating Activities -$5.920K -$90.54K -$424.1K
YoY Change -95.07% -78.65% -4.33%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$4.000K -$50.12K
YoY Change -100.0% -92.02% 112.64%
Acquisitions
YoY Change
Other Investing Activities -$40.00K -$40.00K
YoY Change
Cash From Investing Activities -$40.00K -$44.00K -$50.12K
YoY Change -260.0% -12.21% 112.64%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $39.49K
YoY Change 97.45%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 206.0K $266.8K 467.0K
YoY Change 120.29% -42.87% 833.98%
NET CHANGE
Cash From Operating Activities -5.920K -$90.54K -424.1K
Cash From Investing Activities -40.00K -$44.00K -50.12K
Cash From Financing Activities 206.0K $266.8K 467.0K
Net Change In Cash 160.0K $132.2K -7.240K
YoY Change -10840.27% -1926.45% -98.26%
FREE CASH FLOW
Cash From Operating Activities -$5.920K -$90.54K -$424.1K
Capital Expenditures $0.00 -$4.000K -$50.12K
Free Cash Flow -$5.920K -$86.54K -$374.0K
YoY Change -95.92% -76.86% -10.9%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21535656 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
23372299 shares
CY2020 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
usd
CY2019 us-gaap Gain Loss On Investments
GainLossOnInvestments
usd
CY2019 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
usd
CY2020 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
usd
CY2019 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
usd
CY2020 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
usd
CY2020 dei Document Type
DocumentType
10-K
CY2020 dei Document Period End Date
DocumentPeriodEndDate
2020-12-31
CY2020 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2020 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
CY2020 dei Entity File Number
EntityFileNumber
333-216054
CY2020 dei Entity Registrant Name
EntityRegistrantName
AVRA MEDICAL ROBOTICS, INC
CY2020 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
FL
CY2020 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-3478854
CY2020 dei Entity Address Address Line1
EntityAddressAddressLine1
3259 Progress Drive
CY2020 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 114
CY2020 dei Entity Address City Or Town
EntityAddressCityOrTown
Orlando
CY2020 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2020 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32826
CY2020 dei City Area Code
CityAreaCode
(407)
CY2020 dei Local Phone Number
LocalPhoneNumber
956-2250
CY2020 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2020 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2020 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2020 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2020 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2020 dei Entity Small Business
EntitySmallBusiness
true
CY2020 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2020 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2020 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2020 dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
39197099 shares
CY2020Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
160709 usd
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
28474 usd
CY2020Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
2290 usd
CY2019Q4 us-gaap Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
6290 usd
CY2020Q4 us-gaap Assets Current
AssetsCurrent
162999 usd
CY2019Q4 us-gaap Assets Current
AssetsCurrent
34764 usd
CY2020Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
98592 usd
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
119592 usd
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
60385 usd
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
34954 usd
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
38207 usd
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
84638 usd
CY2020Q4 us-gaap Assets Held In Trust Noncurrent
AssetsHeldInTrustNoncurrent
115542 usd
CY2020Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
36122 usd
CY2019Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
36122 usd
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
35000 usd
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
23000 usd
CY2020Q4 us-gaap Other Assets
OtherAssets
1122 usd
CY2019Q4 us-gaap Other Assets
OtherAssets
13122 usd
CY2020Q4 us-gaap Assets
Assets
317870 usd
CY2019Q4 us-gaap Assets
Assets
132524 usd
CY2020Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
131719 usd
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
141417 usd
CY2020Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
671500 usd
CY2019Q4 us-gaap Accrued Salaries Current
AccruedSalariesCurrent
492825 usd
CY2019 avmr Proceeds From Sba
ProceedsFromSBA
usd
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
188700 usd
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
104040 usd
CY2020Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
195000 usd
CY2019Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
367500 usd
CY2019Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
90000 usd
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1186919 usd
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1195782 usd
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
25721971 shares
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
25721971 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
21857218 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
21857218 shares
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
2572 usd
CY2019Q4 us-gaap Common Stock Value
CommonStockValue
2186 usd
CY2020Q4 avmr Common Stock Liability Common Stock To Be Issued
CommonStockLiabilityCommonStockToBeIssued
289697 shares
CY2019Q4 avmr Common Stock Liability Common Stock To Be Issued
CommonStockLiabilityCommonStockToBeIssued
128909 shares
CY2020Q4 avmr Common Stock Liabilities Par Value
CommonStockLiabilitiesParValue
0.0001
CY2019Q4 avmr Common Stock Liabilities Par Value
CommonStockLiabilitiesParValue
0.0001
CY2020Q4 avmr Common Stock Liability
CommonStockLiability
100925 usd
CY2019Q4 avmr Common Stock Liability
CommonStockLiability
254564 usd
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
6021201 usd
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4549058 usd
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6993747 usd
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-5869066 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-869049 usd
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1063258 usd
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
317870 usd
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
132524 usd
CY2020 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
3000 usd
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
60874 usd
CY2020 avmr Compensation Expense
CompensationExpense
812190 usd
CY2019 avmr Compensation Expense
CompensationExpense
2509792 usd
CY2020 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
287737 usd
CY2019 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
752018 usd
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
43548 usd
CY2020 us-gaap Operating Expenses
OperatingExpenses
1102927 usd
CY2019 us-gaap Operating Expenses
OperatingExpenses
3366232 usd
CY2020 avmr Gain On Forgiveness Of Ppp Loan
GainOnForgivenessOfPPPLoan
-4630 usd
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
-25331 usd
CY2020 us-gaap Investment Income Net
InvestmentIncomeNet
6 usd
CY2019 us-gaap Investment Income Net
InvestmentIncomeNet
7 usd
CY2020 us-gaap Interest Expense
InterestExpense
1059 usd
CY2019 us-gaap Interest Expense
InterestExpense
19748 usd
CY2020 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21754 usd
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-19741 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1124681 usd
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3385973 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-1124681 usd
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-3385973 usd
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.16
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
23372299 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21535656 shares
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-1124681 usd
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-3385973 usd
CY2020 us-gaap Depreciation And Amortization
DepreciationAndAmortization
37431 usd
CY2019 us-gaap Depreciation And Amortization
DepreciationAndAmortization
37702 usd
CY2019 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
43548 usd
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
434180 usd
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
1070369 usd
CY2019 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
1732177 usd
CY2019 avmr Concellation Of Common Stock
ConcellationOfCommonStock
312500 usd
CY2020 us-gaap Gain Loss On Investments
GainLossOnInvestments
-25331 usd
CY2020 us-gaap Gains Losses On Restructuring Of Debt
GainsLossesOnRestructuringOfDebt
4630 usd
CY2019 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
16221 usd
CY2020 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-4000 usd
CY2019 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
460 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
537829 usd
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
374811 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-90540 usd
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-424105 usd
CY2020 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
40000 usd
CY2019 us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
122 usd
CY2020 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
4000 usd
CY2019 us-gaap Payments To Acquire Machinery And Equipment
PaymentsToAcquireMachineryAndEquipment
50000 usd
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-44000 usd
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-50122 usd
CY2020 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
130200 usd
CY2019 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
352500 usd
CY2020 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
-65000 usd
CY2019 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
75000 usd
CY2020 avmr Proceeds From Sba
ProceedsFromSBA
4630 usd
CY2020 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
194845 usd
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
2100 usd
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
39485 usd
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
266775 usd
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
466985 usd
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
132235 usd
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-7242 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28474 usd
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
35716 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
160709 usd
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
28474 usd
CY2020 us-gaap Interest Paid Net
InterestPaidNet
1059 usd
CY2019 us-gaap Interest Paid Net
InterestPaidNet
3527 usd
CY2019 avmr Equipment Acquisition Included In Accounts Payable
EquipmentAcquisitionIncludedInAccountsPayable
25000 usd
CY2020 avmr Related Party Note Payable Converted To Common Stock
RelatedPartyNotePayableConvertedToCommonStock
302700 usd
CY2020 avmr Stock Issued For Website And Services
StockIssuedForWebsiteAndServices
45000 usd
CY2020 us-gaap Stock Issued1
StockIssued1
170000 usd
CY2020 avmr Stock Issued For Equipment
StockIssuedForEquipment
25000 usd
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
-223037 usd
CY2019 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
1070369 usd
CY2019 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
16221 usd
CY2019 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
1507686 usd
CY2019 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
39485 usd
CY2019 avmr Stock Issued During Periods Value Issued For Services
StockIssuedDuringPeriodsValueIssuedForServices
224491 usd
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
312500 usd
CY2019 us-gaap Net Income Loss
NetIncomeLoss
-3385973 usd
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
-1063258 usd
CY2020 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
412789 usd
CY2020 avmr Stock Issued During Periods Value Issued For Services
StockIssuedDuringPeriodsValueIssuedForServices
11449 usd
CY2020 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
29921 usd
CY2020 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
302700 usd
CY2020 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
195089 usd
CY2020 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2100 usd
CY2020 avmr Stock Issued During Period Value Private Placement
StockIssuedDuringPeriodValuePrivatePlacement
194842 usd
CY2020 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
170000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
-1124681 usd
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-869049 usd
CY2020 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P5Y
CY2020 us-gaap Property Plant And Equipment Cost Capitalization
PropertyPlantAndEquipmentCostCapitalization
$75,000
CY2020Q4 avmr Percentage Financed By The Seller
PercentageFinancedByTheSeller
1 pure
CY2020Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
0 usd
CY2020 avmr Equipment Description
EquipmentDescription
After making several payments, the Company settled with the vendor due to issues with equipment, and was relieved of the $25,000 balance owed as of first quarter 2020. The total amount paid of $50,000 represents the actual cost.
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableWeightedAverageExercisePrice
1.25
CY2019Q3 avmr Employee Agreement Term
EmployeeAgreementTerm
P48M
CY2020 avmr Stockholders Deficit
StockholdersDeficit
869049 usd
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration:underline">Estimates</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities and expenses. The Company regularly evaluates 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 made by management.</span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration:underline">Concentration of Credit Risk</span></span></p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Financial instruments that potentially subject the Company to concentrations of credit risk consist principally of cash. The Company maintains its principal cash balance in a financial institution. These balances are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250,000. At December 31, 2020 and 2019, $0 were in excess of the FDIC insured limit.</p><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2020Q4 avmr Fdic Insured
FDICInsured
250000 usd
CY2020Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
0 usd
CY2019Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
0 usd
CY2020 us-gaap Intermediate Life Plants Useful Life
IntermediateLifePlantsUsefulLife
P3Y
CY2019Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-09-29
CY2019Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
37500 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
2643635 shares
CY2019Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
51740 usd
CY2020Q4 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
471825 usd
CY2019Q4 us-gaap Collateralized Agreements
CollateralizedAgreements
0 usd
CY2020Q4 avmr Shares Issued Price Per Shares
SharesIssuedPricePerShares
1.5
CY2020Q4 avmr Notes Total
NotesTotal
202700 usd
CY2020Q4 avmr Total Units
TotalUnits
202700 shares
CY2020Q4 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
810800 shares
CY2020Q4 us-gaap Class Of Warrant Or Right Unissued
ClassOfWarrantOrRightUnissued
1013500 shares
CY2020Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.4
CY2020Q3 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
17700 usd
CY2020 avmr Exercised Options Shares
ExercisedOptionsShares
390000 shares
CY2020Q4 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
0.25
CY2020Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
100000 usd
CY2020Q1 us-gaap Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
1000000
CY2020Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1000000 shares
CY2020Q1 avmr Common Stock Per Share
CommonStockPerShare
0.1
CY2020Q4 avmr Payroll Protection Loan Amount
PayrollProtectionLoanAmount
4630 usd
CY2018 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-12-31
CY2019Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-12-31
CY2019Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-09-11
CY2019Q1 us-gaap Debt Instrument Maturity Date
DebtInstrumentMaturityDate
2019-09-14
CY2019Q1 avmr Number Of Warrants Purchase
NumberOfWarrantsPurchase
12500 shares
CY2019Q1 avmr Strike Price
StrikePrice
1.25
CY2019Q1 avmr Warrant Expiration Period
WarrantExpirationPeriod
P3Y
CY2020Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
4259040 usd
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.21 pure
CY2019 us-gaap Current Federal State And Local Tax Expense Benefit
CurrentFederalStateAndLocalTaxExpenseBenefit
894398 usd
CY2020 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
GainLossOnSaleOfLeasedAssetsNetOperatingLeases
221827 usd
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 usd
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
5000000 shares
CY2020Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2018Q1 avmr Number Of Shares Issued Upon Compensation
NumberOfSharesIssuedUponCompensation
218000 shares
CY2017Q4 us-gaap Share Price
SharePrice
2
CY2018Q3 avmr Number Of Common Stock Sold
NumberOfCommonStockSold
16000 shares
CY2018Q3 us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
20000 usd
CY2018Q1 us-gaap Stock Issued During Period Shares Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures
400 shares
CY2019Q1 avmr Shares Value
SharesValue
115050 shares
CY2019Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.25
CY2019Q2 avmr Shares Value
SharesValue
95050 shares
CY2019Q3 avmr Shares Value
SharesValue
79672 shares
CY2019Q3 avmr Shares Value
SharesValue
600000 shares
CY2019Q4 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
250000 shares
CY2020Q4 avmr Description Of Avra Issued An Aggregate
DescriptionOfAVRAIssuedAnAggregate
On November 6, 2020, AVRA issued an aggregate 256,027 Units (“Units”) at a price of $1.00 per Unit in a private offering (the “Offering”) to four “accredited investors.” Each Unit consisted of (a) four shares of our common stock (“Shares”); (b) a three-year warrant to purchase five Shares at an exercise price of $0.40 per Share; and (c) a 0.00008749_% limited liability company membership interest in Avra Air, LLC (“Avra Air”), a development stage company, which interest may be put to the Company at the option of the investor for a period of two years from issuance, in exchange for one Share. As a result of the foregoing, the investors were issued an aggregate of 1,024,108 Shares, warrants to purchase 1,280,135 Shares and a 22.4% limited liability company membership interest in Avra Air, LLC.
CY2020Q4 avmr Commitment To Sell
CommitmentToSell
135000 shares
CY2020Q4 avmr Commitment To Sell Units
CommitmentToSellUnits
135000 usd
CY2020Q4 avmr Promissory Notes Value
PromissoryNotesValue
25000 usd
CY2020Q4 us-gaap Deposit Liabilities Accrued Interest
DepositLiabilitiesAccruedInterest
1027 usd
CY2020Q4 avmr Commitment Units
CommitmentUnits
26027 shares
CY2020Q4 avmr Number Of Shares Issued Upon Compensation
NumberOfSharesIssuedUponCompensation
321489 shares
CY2020Q4 avmr Shares For A Stock Option Exercised
SharesForAStockOptionExercised
21000 shares
CY2020Q4 avmr Exercise Price Per Share
ExercisePricePerShare
0.1
CY2020 avmr Shares Of Common Stock
SharesOfCommonStock
1810800 shares
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2016Q3 avmr Employment Agreements Description
EmploymentAgreementsDescription
On August 1, 2016, the Company entered into a three-year Employment Agreement with its Vice President of Global Business Development. The agreement provides for an annual salary of $96,000 per year, increasing to $144,000 per year beginning July 2017. Through December 2016, the employee agreed to not receive the compensation in cash until the Board of Directors deemed it prudent to pay some or all of his salary. Further the Agreement provides that the employee will receive a three-year option to purchase 300,000 shares of the Company’s common stock at an exercise price of $0.10 per share, with 100,000 shares vested on each yearly anniversary. 
CY2020 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2023-05-01
CY2019Q3 us-gaap Salaries And Wages
SalariesAndWages
15000 usd
CY2020Q4 us-gaap Public Utilities Property Plant And Equipment Vehicles
PublicUtilitiesPropertyPlantAndEquipmentVehicles
500 usd
CY2020Q3 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1000000 shares
CY2020Q3 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
0.25
CY2020 avmr Lease Description
LeaseDescription
The Company occupies office and laboratory space in Orlando, Florida under a lease agreement that expired on July 31, 2018. Effective August 1, 2018 and expiring July 31, 2019, the Company signed a new agreement, with monthly payments of $1,829.25 plus applicable sales tax. Effective August 1, 2019, the Company signed a year lease agreement, provides that the Company pay insurance, maintenance and taxes with a monthly lease expense of $2,454.75 plus applicable sales tax. Effective January 15, 2020, the Company amended its August 1, 2019 lease agreement reducing its monthly lease payment to $2,223 plus applicable sales tax. On April 30, 2020, the rent due under our lease agreement had been reduced by 50% for the months of April and May, 2020. On July 17, 2020, the Company signed a lease that was effective August 1, 2020 through July 31, 2021, which provides that the Company pay insurance, maintenance and taxes with a monthly lease expense of $1,474.17 plus applicable sales tax. Either party may cancel the agreement at any time with 30 days’ notice.
CY2020Q4 avmr Private Offering Description
PrivateOfferingDescription
October 26, 2020, subsequently invested an additional $45,000 on May 3, 2021 in this same Unit funding thus receiving an additional 180,000 Shares, a warrant to purchase 225,000 Shares and a put option for 45,000 Shares.
CY2021Q4 avmr Shares Of Common Stock
SharesOfCommonStock
45000 shares
CY2021Q4 us-gaap Share Price
SharePrice
0.1
CY2021Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
315200 usd
CY2020 avmr Issued Discount
IssuedDiscount
0.10 pure
CY2020 avmr Conversion Amount
ConversionAmount
100000000 usd
CY2020 avmr Convertible Notedescription
ConvertibleNotedescription
the Company offered and sold to a single accredited investor, a $1,000,000 one-year convertible promissory note (the “Convertible Note”). The Convertible Note will have the same interest rate and payment terms as the Cardio Note and otherwise be substantially similar to the Cardio Note, provided, however, that the Convertible Note does not have an original issue discount. Further, upon consummation of the Transaction (if and when it is consummated) the Convertible Note will automatically convert into a number of AVRA Shares determined by dividing the principal amount of the Convertible Note by $100 million and multiplying such number expressed as a percentage by the number of AVRA Shares issued to Dr. Sudhir and the other shareholders of the SSI Parties (if any) upon closing of the Transaction. The Company may offer and sell up to an aggregate principal amount of $5,000,000 in Convertible Notes in order to fund the Interim Financing.
CY2020Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
usd
CY2020Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2019 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
usd
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2020 avmr Equipment Acquisition Included In Accounts Payable
EquipmentAcquisitionIncludedInAccountsPayable
usd
CY2019 avmr Related Party Note Payable Converted To Common Stock
RelatedPartyNotePayableConvertedToCommonStock
usd
CY2019 avmr Stock Issued For Website And Services
StockIssuedForWebsiteAndServices
usd
CY2019 us-gaap Stock Issued1
StockIssued1
usd
CY2019 avmr Stock Issued For Equipment
StockIssuedForEquipment
usd
CY2020Q4 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
2.000000 usd
CY2020 dei Amendment Flag
AmendmentFlag
false
CY2020 dei Document Annual Report
DocumentAnnualReport
true
CY2020 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2020 dei Document Transition Report
DocumentTransitionReport
false
CY2020 dei Entity Central Index Key
EntityCentralIndexKey
0001676163
CY2020Q2 dei Entity Public Float
EntityPublicFloat
0 usd

Files In Submission

Name View Source Status
0001213900-22-054262-index-headers.html Edgar Link pending
0001213900-22-054262-index.html Edgar Link pending
0001213900-22-054262.txt Edgar Link pending
0001213900-22-054262-xbrl.zip Edgar Link pending
avmr-20201231.xsd Edgar Link pending
f10k2020ex31-1_avramedical.htm Edgar Link pending
f10k2020ex32-1_avramedical.htm Edgar Link pending
f10k2020_avramedical.htm Edgar Link pending
Financial_Report.xlsx 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
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
R4.htm Edgar Link pending
R5.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
avmr-20201231_def.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
avmr-20201231_lab.xml Edgar Link unprocessable
avmr-20201231_pre.xml Edgar Link unprocessable
avmr-20201231_cal.xml Edgar Link unprocessable
f10k2020_avramedical_htm.xml Edgar Link completed