2023 Q3 Form 10-Q Financial Statement

#000149315223027554 Filed on August 10, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q2
Revenue $34.16M $35.89M $28.01M
YoY Change -5.56% 28.14% 146.14%
Cost Of Revenue $23.68M $25.86M $25.81M
YoY Change -30.86% 0.18% 156.83%
Gross Profit $10.48M $10.03M $2.191M
YoY Change 445.64% 357.59% 65.13%
Gross Profit Margin 30.68% 27.94% 7.82%
Selling, General & Admin $3.389M $3.823M $3.039M
YoY Change 15.54% 25.82% 11.04%
% of Gross Profit 32.34% 38.13% 138.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $211.1K $70.38K $28.18K
YoY Change 50.48% 149.73% 66.72%
% of Gross Profit 2.01% 0.7% 1.29%
Operating Expenses $3.389M $3.823M $3.039M
YoY Change 15.54% 25.82% 11.04%
Operating Profit $7.092M $6.203M -$847.5K
YoY Change -800.47% -831.83% -39.87%
Interest Expense -$78.45K -$150.0K -$531.5K
YoY Change -88.56% -71.78% -87.5%
% of Operating Profit -1.11% -2.42%
Other Income/Expense, Net -$78.44K -$145.6K -$44.41K
YoY Change -89.46% 227.79% -103.71%
Pretax Income $7.013M $6.060M -$891.9K
YoY Change -499.3% -779.42% -82.27%
Income Tax
% Of Pretax Income
Net Earnings $7.084M $5.966M -$973.0K
YoY Change -559.96% -713.13% 354.74%
Net Earnings / Revenue 20.74% 16.62% -3.47%
Basic Earnings Per Share $0.50 $0.42 -$0.07
Diluted Earnings Per Share $0.49 $0.40 -$79.31K
COMMON SHARES
Basic Shares Outstanding 14.22M shares 14.16M shares 12.27M shares
Diluted Shares Outstanding 14.51M shares 15.08M shares 12.27M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.73M $5.190M $8.705M
YoY Change 61.32% -40.38% 1414.31%
Cash & Equivalents $12.73M $5.188M $8.705M
Short-Term Investments
Other Short-Term Assets $197.9K $170.0K $44.05K
YoY Change 50.08% 285.93% 625.7%
Inventory $14.55M $18.09M $5.676M
Prepaid Expenses $197.9K $167.7K $44.05K
Receivables $9.774M $10.29M $8.323M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $37.25M $33.73M $22.75M
YoY Change 38.06% 48.29% 1586.61%
LONG-TERM ASSETS
Property, Plant & Equipment $432.2K $502.6K $887.4K
YoY Change -42.14% -43.36% 13.53%
Goodwill $1.667M $1.667M $1.667M
YoY Change 0.0% 0.0%
Intangibles $2.290M $2.453M $3.107M
YoY Change -22.2% -21.04%
Long-Term Investments $449.8K $400.0K $453.6K
YoY Change 12.13% -11.82% 16.32%
Other Assets
YoY Change
Total Long-Term Assets $5.986M $6.211M $6.744M
YoY Change -6.13% -7.9% 11.71%
TOTAL ASSETS
Total Short-Term Assets $37.25M $33.73M $22.75M
Total Long-Term Assets $5.986M $6.211M $6.744M
Total Assets $43.24M $39.94M $29.49M
YoY Change 29.61% 35.44% 299.3%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $7.836M $5.890M $13.48M
YoY Change -54.52% -56.3% 115.66%
Accrued Expenses $42.21K $40.00K $37.73K
YoY Change 9.32% 6.02% -61.45%
Deferred Revenue
YoY Change
Short-Term Debt $568.7K $1.150M $7.708M
YoY Change -92.68% -85.08% 820.1%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $14.48M $18.48M $21.33M
YoY Change -46.21% -13.39% 56.51%
LONG-TERM LIABILITIES
Long-Term Debt $4.543M $4.520M $5.568M
YoY Change -18.23% -18.82% 111.44%
Other Long-Term Liabilities $367.5K $380.0K $419.6K
YoY Change -10.3% -9.43% -7.65%
Total Long-Term Liabilities $4.911M $4.902M $5.987M
YoY Change -17.69% -18.12% 93.92%
TOTAL LIABILITIES
Total Short-Term Liabilities $14.48M $18.48M $21.33M
Total Long-Term Liabilities $4.911M $4.902M $5.987M
Total Liabilities $19.40M $23.38M $27.32M
YoY Change -41.04% -14.42% 63.42%
SHAREHOLDERS EQUITY
Retained Earnings -$18.21M -$25.29M -$37.31M
YoY Change -53.13% -32.21%
Common Stock $14.34K $14.29K $12.35K
YoY Change 14.79% 15.69%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $23.70M $16.35M $2.124M
YoY Change
Total Liabilities & Shareholders Equity $43.24M $39.94M $29.49M
YoY Change 29.61% 35.44% 299.3%

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q2
OPERATING ACTIVITIES
Net Income $7.084M $5.966M -$973.0K
YoY Change -559.96% -713.13% 354.74%
Depreciation, Depletion And Amortization $211.1K $70.38K $28.18K
YoY Change 50.48% 149.73% 66.72%
Cash From Operating Activities $8.110M -$2.650M $175.5K
YoY Change -1109.96% -1610.06% -112.36%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 -$300.0K
YoY Change -100.0% -100.0% 591.88%
Acquisitions
YoY Change
Other Investing Activities -$1.300K -$120.0K -$800.0K
YoY Change -85.0% 145.91%
Cash From Investing Activities -$1.300K -$120.0K -$1.100M
YoY Change -172.63% -89.09% 198.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -562.6K -910.0K 6.186M
YoY Change 4883.17% -114.71% 712.97%
NET CHANGE
Cash From Operating Activities 8.110M -2.650M 175.5K
Cash From Investing Activities -1.300K -120.0K -1.100M
Cash From Financing Activities -562.6K -910.0K 6.186M
Net Change In Cash 7.546M -3.680M 5.262M
YoY Change -1028.75% -169.94% -612.0%
FREE CASH FLOW
Cash From Operating Activities $8.110M -$2.650M $175.5K
Capital Expenditures $0.00 $0.00 -$300.0K
Free Cash Flow $8.110M -$2.650M $475.5K
YoY Change -1107.72% -657.32% -134.54%

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CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2023Q2 us-gaap Net Income Loss
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q2 us-gaap Net Income Loss
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CY2022Q1 us-gaap Net Income Loss
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
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CY2022Q2 us-gaap Stock Issued During Period Value Acquisitions
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CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
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CY2022Q2 SURG Adjustments To Additional Paid In Capital Warrant Issued Warrants Issued As Interest Expense
AdjustmentsToAdditionalPaidInCapitalWarrantIssuedWarrantsIssuedAsInterestExpense
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CY2022Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Net Income Loss
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CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Profit Loss
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us-gaap Profit Loss
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us-gaap Finance Lease Right Of Use Asset Amortization
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us-gaap Finance Lease Right Of Use Asset Amortization
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SURG Amortization Of Debt Discount
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SURG Amortization Of Internal Use Software Development Costs
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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us-gaap Share Based Compensation
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us-gaap Equity Method Investment Realized Gain Loss On Disposal
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SURG Gain On Forgiveness Of Ppp Loan
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us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Inventories
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us-gaap Payments To Develop Software
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
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us-gaap Net Income Loss
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us-gaap Net Cash Provided By Used In Operating Activities
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CY2023Q2 SURG Working Capital
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CY2023Q2 us-gaap Cash
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us-gaap Reimbursement From Limited Partnership Investment
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SURG Reimbursement Cost Per Customer
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us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
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us-gaap Business Combination Integration Related Costs
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CY2023Q2 us-gaap Goodwill
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2023Q1 SURG Notes Receivable Gross Due In Next Twelve Months
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CY2023Q1 SURG Less Interest Receivable
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CY2023Q1 us-gaap Notes Receivable Net
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us-gaap Use Of Estimates
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<p id="xdx_84B_eus-gaap--UseOfEstimates_zyhXnbXsXyzi" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_z0W6pLPm2oTg">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Preparing financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and revenues and expenses during the reported period. Actual results could differ from those estimates, and those estimates may be material.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Significant estimates during the six months ended June 30, 2023 and 2022, respectively, include, allowance for doubtful accounts and other receivables, inventory reserves and classifications, valuation of loss contingencies, valuation of derivative liabilities, valuation of stock-based compensation, estimated useful lives related to intangible assets, capitalized internal-use software development costs, and property and equipment, implicit interest rate in right-of-use operating leases, uncertain tax positions, and the valuation allowance on deferred tax assets.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
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us-gaap Inventory Write Down
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CY2022Q4 us-gaap Inventory Net
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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us-gaap Impairment Of Long Lived Assets To Be Disposed Of
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CY2023Q2 us-gaap Deferred Revenue
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Investments
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us-gaap Related Party Transaction Amounts Of Transaction
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CY2023Q2 us-gaap Advertising Expense
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AdvertisingExpense
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
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CY2023Q2 us-gaap Common Stock Shares Authorized
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CY2023Q2 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14154163 shares
CY2023Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
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us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
657622 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.74
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Costs And Expenses Related Party
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us-gaap Costs And Expenses Related Party
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us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84D_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_z2EiFEQqi6Nf" style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_z6SfCrGgXkK6">Reclassifications</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no material effect on the consolidated results of operations, stockholders’ equity, or cash flows.</span></p>
CY2023Q2 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1006286 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
1006286 usd
CY2023Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
82752 usd
CY2022Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
82752 usd
CY2023Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1089038 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1089038 usd
CY2023Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
586431 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
445665 usd
CY2023Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
502607 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
643373 usd
CY2022Q2 us-gaap Property Plant And Equipment Fair Value Disclosure
PropertyPlantAndEquipmentFairValueDisclosure
711400 usd
CY2022Q2 us-gaap Payments For Software
PaymentsForSoftware
300000 usd
CY2022Q2 us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
85000 shares
CY2022Q2 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
411400 usd
CY2022Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
4.84
CY2023Q2 us-gaap Depreciation
Depreciation
70383 usd
CY2022Q2 us-gaap Depreciation
Depreciation
28184 usd
us-gaap Depreciation
Depreciation
140766 usd
us-gaap Depreciation
Depreciation
35875 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5753520 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
5753520 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-3300296 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2973543 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2453224 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2779977 usd
CY2023Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
163377 usd
CY2022Q2 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
163377 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
326753 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
326753 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
326753 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
653507 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
653507 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
653507 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
165950 usd
CY2023Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2453224 usd
CY2023Q2 SURG Amortization Of Internal Use Software Development Costs
AmortizationOfInternalUseSoftwareDevelopmentCosts
32265 usd
SURG Amortization Of Internal Use Software Development Costs
AmortizationOfInternalUseSoftwareDevelopmentCosts
64530 usd
CY2021Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1131185 usd
CY2022 SURG Forgiveness Of Loan
ForgivenessOfLoan
-518167 usd
CY2022 SURG Repayments Of Notes Receivable From Related Parties
RepaymentsOfNotesReceivableFromRelatedParties
11754 usd
CY2022 SURG Long Debt Reclassified To Receivable
LongDebtReclassifiedToReceivable
-126418 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
474846 usd
SURG Repayments Of Notes Receivable From Related Parties
RepaymentsOfNotesReceivableFromRelatedParties
9213 usd
CY2023Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
465633 usd
CY2022 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
524143 usd
CY2021 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
377743 usd
CY2021 us-gaap Debt Instrument Frequency Of Periodic Payment
DebtInstrumentFrequencyOfPeriodicPayment
Monthly payments are $3,566/month
CY2022 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
270745 shares
CY2023Q2 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
12000 shares
CY2023Q2 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P3Y
us-gaap Interest Expense
InterestExpense
400000 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
100000 usd
CY2023Q2 us-gaap Notes Payable
NotesPayable
400000 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1129228 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
4068868 usd
CY2023Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
10680 usd
CY2023Q2 SURG Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
465633 usd
CY2023Q2 us-gaap Long Term Debt
LongTermDebt
5674409 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
21494 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
34294 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
10648 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11598 usd
us-gaap Lease Cost
LeaseCost
32142 usd
us-gaap Lease Cost
LeaseCost
45892 usd
CY2023Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
409858 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
431352 usd
CY2023Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
41290 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
39490 usd
CY2023Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
378284 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
399413 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
419574 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
438903 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
19329 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
30948 usd
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y11M26D
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05 pure
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.05 pure
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
32412 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
61876 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
63460 usd
CY2023Q2 SURG Lessee Operating Lease Liability Payments Due After Two
LesseeOperatingLeaseLiabilityPaymentsDueAfterTwo
347083 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
504831 usd
CY2023Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
85257 usd
CY2023Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
419574 usd
us-gaap Litigation Settlement Expense
LitigationSettlementExpense
100000 usd
CY2023Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2023Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
us-gaap Common Stock Voting Rights
CommonStockVotingRights
Voting at 1 vote per share
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
125009 shares
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
618644 usd
CY2022 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
200000 shares
CY2022Q4 SURG Net Effect On Stockholders Deficit
NetEffectOnStockholdersDeficit
0 usd
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
711400 usd
CY2022 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
300000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17004 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P5Y1M28D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
3401 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.00
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3
P5Y1M28D
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Un Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnVestedAndExercisableNumber
13603 shares
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Unvested And Nonexercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedAndNonexercisable
16.00
CY2021 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term4
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm4
P5Y1M28D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17004 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P4Y1M28D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
6801 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.00
CY2022 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3
P4Y1M28D
CY2022Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Un Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnVestedAndExercisableNumber
10203 shares
CY2022Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Unvested And Nonexercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedAndNonexercisable
16.00
CY2022 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term4
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm4
P4Y1M28D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
17004 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
16.00
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y8M1D
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableNumber
11902 shares
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
16.00
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term3
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm3
P3Y8M1D
CY2023Q2 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Un Vested And Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnVestedAndExercisableNumber
5101 shares
CY2023Q2 SURG Share Based Compensation Arrangement By Share Based Payment Award Options Unvested And Nonexercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsUnvestedAndNonexercisable
16.00
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term4
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm4
P3Y8M1D
CY2023Q2 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
9294 usd
CY2022Q2 us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
9294 usd
us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
18588 usd
us-gaap Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
18588 usd
CY2023Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
24783 usd
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P0Y8M1D
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
6082984 shares
CY2021Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValue
8.68
CY2021 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerms
P2Y11M4D
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable
5852984 shares
CY2021Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercisable
8.70
CY2021 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Terms Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermsExercisable1
P2Y10M6D
CY2021Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Unvested
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsUnvested
230000 shares
CY2021Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Unvested
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueUnvested
8.00
CY2021 SURG Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms Unvested
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTermsUnvested
P4Y10M6D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
189000 shares
CY2022 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Granted
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueGranted
4.73
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
498850 shares
CY2022 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercise
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercise
6.49
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
91743 shares
CY2022 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Forfeitured
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueForfeitured
40.02
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5681392 shares
CY2022Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValue
5.05
CY2022 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerms
P1Y10M6D
CY2022Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAggregateIntrinsicValue
10026387 usd
CY2022Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable
5681392 shares
CY2022Q4 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercisable
5.05
CY2022 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Terms Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermsExercisable1
P1Y10M6D
CY2022Q4 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Aggregate Intrinsic Value Vested And Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAggregateIntrinsicValueVestedAndExercisable
10026387 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
43814 shares
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercise
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercise
4.73
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
15286 shares
SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Forfeitured
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueForfeitured
24.94
CY2023Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
5622292 shares
CY2023Q2 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValue
5.00
SURG Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTerms
P1Y4M9D
CY2023Q2 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAggregateIntrinsicValue
12718101 usd
CY2023Q2 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisable
5622292 shares
CY2023Q2 SURG Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Grant Date Fair Value Exercisable
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageGrantDateFairValueExercisable
5.00
SURG Share Based Compensation Arrangement By Share Based Payment Award Non Options Equity Instruments Outstanding Weighted Average Remaining Contractual Terms Exercisable1
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsEquityInstrumentsOutstandingWeightedAverageRemainingContractualTermsExercisable1
P1Y4M9D
CY2023Q2 SURG Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Aggregate Intrinsic Value Vested And Exercisable
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsAggregateIntrinsicValueVestedAndExercisable
12718101 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
51000 shares
CY2022 us-gaap Stock And Warrants Issued During Period Value Preferred Stock And Warrants
StockAndWarrantsIssuedDuringPeriodValuePreferredStockAndWarrants
115404 usd
CY2023Q2 us-gaap Revenues
Revenues
35886433 usd
CY2022Q2 us-gaap Revenues
Revenues
28005144 usd
us-gaap Revenues
Revenues
70662876 usd
us-gaap Revenues
Revenues
49146515 usd
CY2023Q2 us-gaap Cost Of Revenue
CostOfRevenue
25860705 usd
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
25814153 usd
us-gaap Cost Of Revenue
CostOfRevenue
52942665 usd
us-gaap Cost Of Revenue
CostOfRevenue
44321894 usd
CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
3823227 usd
CY2022Q2 us-gaap Operating Expenses
OperatingExpenses
3038529 usd
us-gaap Operating Expenses
OperatingExpenses
6812648 usd
us-gaap Operating Expenses
OperatingExpenses
6722310 usd
CY2023Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
6202501 usd
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-847538 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
10907563 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1897689 usd
CY2023Q2 us-gaap Assets
Assets
39943272 usd
CY2022Q4 us-gaap Assets
Assets
34003506 usd
CY2023Q2 us-gaap Liabilities
Liabilities
23377835 usd
CY2022Q4 us-gaap Liabilities
Liabilities
28885253 usd
us-gaap Proceeds From Sales Of Assets Investing Activities
ProceedsFromSalesOfAssetsInvestingActivities
25000000 usd
SURG Sales Of Asset Description
SalesOfAssetDescription
The agreement may be extended by a period of one (1) year upon mutual consent
CY2023Q2 SURG Sales Of Asset Percentage
SalesOfAssetPercentage
0.0985 pure
SURG Installment Sale Credit Description
InstallmentSaleCreditDescription
3 month rolling average of 70% of the installment sale credit amount
SURG Prepayment Penalty Description
PrepaymentPenaltyDescription
The Company is subject to a cancellation fee of 3% during the first year and 2% during the second year
us-gaap Administrative Fees Expense
AdministrativeFeesExpense
2000 usd
SURG Default Rate Description
DefaultRateDescription
For any unpaid amounts under this agreement, the Company is subject to a fee of 1.35% per month (16.2% annualized).
us-gaap Line Of Credit Facility Commitment Fee Percentage
LineOfCreditFacilityCommitmentFeePercentage
0.02 pure
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
5000000 usd
us-gaap Line Of Credit Facility Commitment Fee Description
LineOfCreditFacilityCommitmentFeeDescription
For example, if the initial installment sale credit amount is $15,000,000, the credit availability fee would be $300,000 (2%). Any subsequent increase of $5,000,000 or more would result in an additional fee of $100,000 (2%). Commitment fees are paid over a period of 12 months as part of the Seller’s monthly invoicing
CY2023Q2 SURG Installment Sale Liability
InstallmentSaleLiability
11349440 usd
CY2022Q4 SURG Installment Sale Liability
InstallmentSaleLiability
13018184 usd
CY2023Q2 us-gaap Professional Fees
ProfessionalFees
135500 usd
us-gaap Professional Fees
ProfessionalFees
266500 usd

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0001493152-23-027554-index-headers.html Edgar Link pending
0001493152-23-027554-index.html Edgar Link pending
0001493152-23-027554.txt Edgar Link pending
0001493152-23-027554-xbrl.zip Edgar Link pending
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