2024 Q2 Form 10-K Financial Statement

#000121465924006652 Filed on April 11, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $1.236M $1.435M $4.201M
YoY Change 70.72% -4.59% -23.92%
Cost Of Revenue $668.0K $876.0K $3.306M
YoY Change -13.81% -29.07% -5.65%
Gross Profit $568.0K $559.0K $895.0K
YoY Change -1213.73% 107.81% -55.65%
Gross Profit Margin 45.95% 38.95% 21.3%
Selling, General & Admin $1.176M $1.181M $5.151M
YoY Change -27.23% -39.37% -6.95%
% of Gross Profit 207.04% 211.27% 575.53%
Research & Development $102.0K $114.0K $418.0K
YoY Change 15.91% -1.72% -40.03%
% of Gross Profit 17.96% 20.39% 46.7%
Depreciation & Amortization $17.00K $25.00K $93.00K
YoY Change -26.09% 127.27% 82.35%
% of Gross Profit 2.99% 4.47% 10.39%
Operating Expenses $1.278M $1.295M $5.569M
YoY Change -25.0% -37.26% -10.65%
Operating Profit -$710.0K -$736.0K -$4.674M
YoY Change -59.54% -59.0% 10.89%
Interest Expense -$88.00K -$46.00K -$160.0K
YoY Change -4500.0% 2200.0% 3100.0%
% of Operating Profit
Other Income/Expense, Net -$88.00K -$160.0K
YoY Change 1.15% 3100.0%
Pretax Income -$798.0K -$782.0K -$4.834M
YoY Change -56.68% -56.48% 14.58%
Income Tax
% Of Pretax Income
Net Earnings -$798.0K -$1.293M -$4.834M
YoY Change -56.68% -28.05% -0.51%
Net Earnings / Revenue -64.56% -90.1% -115.07%
Basic Earnings Per Share $0.00 -$0.04
Diluted Earnings Per Share $0.00 -$0.01 -$0.04
COMMON SHARES
Basic Shares Outstanding 183.9M shares 183.9M shares 177.6M shares
Diluted Shares Outstanding 183.9M shares 177.6M shares

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $63.00K $21.00K $21.00K
YoY Change -3.08% -77.89% -77.89%
Cash & Equivalents $63.00K $21.00K
Short-Term Investments
Other Short-Term Assets $730.0K $630.0K $630.0K
YoY Change 16.99% -7.89% -7.89%
Inventory $1.078M $1.339M $1.339M
Prepaid Expenses $730.0K $630.0K
Receivables $629.0K $966.0K $966.0K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $2.500M $2.956M $2.956M
YoY Change -25.93% -32.76% -32.76%
LONG-TERM ASSETS
Property, Plant & Equipment $317.0K $358.0K $1.491M
YoY Change -16.14% 9.82% -24.96%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $270.0K $270.0K $270.0K
YoY Change -0.37% 0.0% 0.0%
Total Long-Term Assets $1.440M $1.761M $1.761M
YoY Change -29.79% -21.98% -21.98%
TOTAL ASSETS
Total Short-Term Assets $2.500M $2.956M $2.956M
Total Long-Term Assets $1.440M $1.761M $1.761M
Total Assets $3.940M $4.717M $4.717M
YoY Change -27.39% -29.1% -29.1%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $630.0K $1.583M $1.583M
YoY Change -25.53% 38.01% 38.01%
Accrued Expenses $2.117M $1.685M $1.685M
YoY Change 241.45% -14.51% 4.21%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $10.43M $8.407M $8.407M
YoY Change 77.09% 125.33% 125.33%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $136.0K $105.0K $736.0K
YoY Change 88.89% -91.98% -43.82%
Total Long-Term Liabilities $136.0K $105.0K $736.0K
YoY Change 88.89% -91.98% -43.82%
TOTAL LIABILITIES
Total Short-Term Liabilities $10.43M $8.407M $8.407M
Total Long-Term Liabilities $136.0K $105.0K $736.0K
Total Liabilities $10.91M $9.143M $9.143M
YoY Change 58.02% 81.37% 81.37%
SHAREHOLDERS EQUITY
Retained Earnings -$45.66M -$43.11M
YoY Change 13.83% 18.93%
Common Stock $184.0K $184.0K
YoY Change 6.36% 6.36%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$31.97M -$29.43M -$4.426M
YoY Change
Total Liabilities & Shareholders Equity $3.940M $4.717M $4.717M
YoY Change -27.39% -29.1% -29.1%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income -$798.0K -$1.293M -$4.834M
YoY Change -56.68% -28.05% -0.51%
Depreciation, Depletion And Amortization $17.00K $25.00K $93.00K
YoY Change -26.09% 127.27% 82.35%
Cash From Operating Activities -$675.0K -$1.097M -$3.341M
YoY Change -24.07% 925.23% 25.18%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $14.00K $42.00K
YoY Change -100.0% -83.72% -84.03%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00 -$14.00K -$42.00K
YoY Change -100.0% -83.72% -84.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 635.0K 1.097M $3.309M
YoY Change -32.45% 391.93% 13.52%
NET CHANGE
Cash From Operating Activities -675.0K -1.097M -$3.341M
Cash From Investing Activities 0.000 -14.00K -$42.00K
Cash From Financing Activities 635.0K 1.097M $3.309M
Net Change In Cash -40.00K -14.00K -$74.00K
YoY Change -190.91% -146.67% 335.29%
FREE CASH FLOW
Cash From Operating Activities -$675.0K -$1.097M -$3.341M
Capital Expenditures $0.00 $14.00K $42.00K
Free Cash Flow -$675.0K -$1.111M -$3.383M
YoY Change -24.67% 475.65% 15.38%

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CY2023 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-89000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
508000 usd
CY2023 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-48000 usd
CY2022 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
1382000 usd
CY2023 imhc Dividends Payable
DividendsPayable
2028000 usd
CY2023 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-516000 usd
CY2022 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-301000 usd
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-3341000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2669000 usd
CY2023 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
42000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
263000 usd
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42000 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-263000 usd
CY2023 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
2482000 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
52000 usd
CY2023 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
577000 usd
CY2022 us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
2863000 usd
CY2023 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
250000 usd
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3309000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2915000 usd
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-74000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-17000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
112000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
21000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
95000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1905000 usd
CY2022 imhc Acquisition Of Net Assets
AcquisitionOfNetAssets
214000 usd
CY2023 us-gaap Notes Issued1
NotesIssued1
55000 usd
CY2022 us-gaap Notes Issued1
NotesIssued1
110000 usd
CY2023 dei Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
2005-04-05
CY2023 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84B_eus-gaap--UseOfEstimates_z8YuA1tO6kl3" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b><i><span id="xdx_86D_zk8U1898c8f1">Accounting Estimates</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements, in conformity with GAAP, requires management to make estimates, judgments and assumptions. The Company’s management believes that the estimates, judgments, and assumptions used are reasonable based upon information available at the time they are made. These estimates, judgments and assumptions can affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements, and the reported amounts of revenue and expenses during the reporting periods. Actual results could differ from those estimates. Key estimates include net realizable inventory value and useful lives of asset.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023Q4 us-gaap Cash
Cash
21000 usd
CY2022Q4 us-gaap Cash
Cash
95000 usd
CY2023Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2022Q4 us-gaap Liability For Uncertain Tax Positions Current
LiabilityForUncertainTaxPositionsCurrent
0 usd
CY2023 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_849_eus-gaap--ConcentrationRiskCreditRisk_zoDkGiNjKPeb" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 2pt 0pt 0; text-align: justify"><b><i><span id="xdx_86D_zu7WZNbH2mV2">Receivables and Concentration of Credit Risk</span></i></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </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 and trade receivables.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Trade receivables of the Company and its subsidiaries are mainly derived from sales to customers located primarily in the U.S. The Company performs ongoing credit evaluations of its customers and to date has not experienced any material losses.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p>
CY2023 us-gaap Revenues
Revenues
4201000 usd
CY2022 us-gaap Revenues
Revenues
5522000 usd
CY2023 us-gaap Revenues
Revenues
4201000 usd
CY2022 us-gaap Revenues
Revenues
5522000 usd
CY2023 imhc Total Revenue
TotalRevenue
14000 usd
CY2022 imhc Total Revenue
TotalRevenue
27000 usd
CY2023Q4 imhc Related Party Receivables
RelatedPartyReceivables
0 usd
CY2022Q4 imhc Related Party Receivables
RelatedPartyReceivables
25000 usd
CY2023 imhc Trade Receivables Description
TradeReceivablesDescription
As of December 31, 2023, receivables from three customers made up 64% of the Company’s receivables. As of December 31, 2022, five customers made up 64% of the outstanding receivables with two customers being the same customers as referred to with respect to the December 31, 2023, concentration.
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1007000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
989000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
649000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
663000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
358000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
326000 usd
CY2023 us-gaap Depreciation
Depreciation
63000 usd
CY2022 us-gaap Depreciation
Depreciation
51000 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
878000 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
1807000 usd
CY2023Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
461000 usd
CY2022Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
788000 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1339000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
2595000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1133000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
1661000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
619000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
561000 usd
CY2023Q4 imhc Operating Leases Liability Noncurrent
OperatingLeasesLiabilityNoncurrent
631000 usd
CY2022Q4 imhc Operating Leases Liability Noncurrent
OperatingLeasesLiabilityNoncurrent
1251000 usd
CY2023 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
623000 usd
CY2022 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
648000 usd
CY2023 us-gaap Lease Cost
LeaseCost
539000 usd
CY2022 us-gaap Lease Cost
LeaseCost
648000 usd
CY2023 us-gaap Proceeds From Operating Activities
ProceedsFromOperatingActivities
682000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P2Y
CY2023Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.08 pure
CY2023Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
75000 usd
CY2023Q3 imhc Convertible Promissory Notes Payable
ConvertiblePromissoryNotesPayable
44000 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
11000 usd
CY2023Q3 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
11241370 shares
CY2023Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.005
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
693000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
609000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
51000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1353000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
103000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
1250000 usd
CY2023 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
730000 usd
CY2022 us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
3209000 usd
CY2023Q4 imhc Related Party Receivables
RelatedPartyReceivables
0 usd
CY2022Q4 imhc Related Party Receivables
RelatedPartyReceivables
25000 usd
CY2022Q4 imhc Related Party Notes And Advance Payable
RelatedPartyNotesAndAdvancePayable
52000 usd
CY2023 imhc Interest Expense Related Parties
InterestExpenseRelatedParties
160000 usd
CY2022 imhc Interest Expense Related Parties
InterestExpenseRelatedParties
0 usd
CY2023Q4 us-gaap Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
100000000 shares
CY2022Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
45000 usd
CY2023 imhc Convertible Promissory Notes Payable
ConvertiblePromissoryNotesPayable
45000 usd
CY2023Q4 imhc Accrued Default Fees
AccruedDefaultFees
52000 usd
CY2023 imhc Fair Value Of Warrants
FairValueOfWarrants
53000 usd
CY2023Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
39000 usd
CY2023 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4834000 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4220000 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6558000 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
6037000 usd
CY2023Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
118000 usd
CY2022Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
DeferredTaxAssetsGoodwillAndIntangibleAssets
132000 usd
CY2023Q4 imhc Deferred Tax Assets Deferred Rent Liability
DeferredTaxAssetsDeferredRentLiability
349000 usd
CY2022Q4 imhc Deferred Tax Assets Deferred Rent Liability
DeferredTaxAssetsDeferredRentLiability
507000 usd
CY2023Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
352000 usd
CY2022Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
148000 usd
CY2023Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
201000 usd
CY2022Q4 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
144000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
4000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Asset Retirement Obligations
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations
1000 usd
CY2023Q4 imhc Deferred Tax Asset Settlement Liability
DeferredTaxAssetSettlementLiability
267000 usd
CY2022Q4 imhc Deferred Tax Asset Settlement Liability
DeferredTaxAssetSettlementLiability
161000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
14000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Warranty Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsWarrantyReserves
12000 usd
CY2023Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Other
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsOther
65000 usd
CY2023Q4 imhc Deferred Tax Assets Tax Deferred Revenue
DeferredTaxAssetsTaxDeferredRevenue
12000 usd
CY2023Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7940000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
7142000 usd
CY2023Q4 us-gaap Deferred Tax Liability Intra Entity Transfer Asset Other Than Inventory
DeferredTaxLiabilityIntraEntityTransferAssetOtherThanInventory
316000 usd
CY2022Q4 us-gaap Deferred Tax Liability Intra Entity Transfer Asset Other Than Inventory
DeferredTaxLiabilityIntraEntityTransferAssetOtherThanInventory
465000 usd
CY2023Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
97000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
65000 usd
CY2023Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
413000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
530000 usd
CY2023Q4 imhc Net Deferred Income Tax Assets
NetDeferredIncomeTaxAssets
7528000 usd
CY2022Q4 imhc Net Deferred Income Tax Assets
NetDeferredIncomeTaxAssets
6591000 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
7528000 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
6612000 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
-0 usd
CY2022Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
-0 usd
CY2023 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
915000 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
1161000 usd
CY2023 imhc Net Operating Losses Federal Post Amount
NetOperatingLossesFederalPostAmount
12724000 usd
CY2023 imhc Net Operating Losses Federal Post Expiration Years
NetOperatingLossesFederalPostExpirationYears
Do Not Expire
CY2023 imhc Net Operating Losses Federal Pre Amount
NetOperatingLossesFederalPreAmount
10169000 usd
CY2023 imhc Net Operating Losses Federal Pre Expiration Years
NetOperatingLossesFederalPreExpirationYears
2022 to 2037
CY2023 imhc Net Operating Losses State Amount
NetOperatingLossesStateAmount
25095000 usd
CY2023 imhc Net Operating Losses State Expiration Years
NetOperatingLossesStateExpirationYears
2029 to 2041
CY2022 imhc Net Operating Losses Federal Post Amount
NetOperatingLossesFederalPostAmount
10378000 usd
CY2022 imhc Net Operating Losses Federal Post Expiration Years
NetOperatingLossesFederalPostExpirationYears
Do Not Expire
CY2022 imhc Net Operating Losses Federal Pre Amount
NetOperatingLossesFederalPreAmount
11185000 usd
CY2022 imhc Net Operating Losses Federal Pre Expiration Years
NetOperatingLossesFederalPreExpirationYears
2022 to 2037
CY2022 imhc Net Operating Losses State Amount
NetOperatingLossesStateAmount
21597000 usd
CY2022 imhc Net Operating Losses State Expiration Years
NetOperatingLossesStateExpirationYears
2029 to 2041
CY2023 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.2100 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0674 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.0698 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0035 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.0057 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.1894 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.2806 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.0393 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0000 pure
CY2023 imhc Effective Income Tax Rate Reconciliation Trueups
EffectiveIncomeTaxRateReconciliationTrueups
-0.0452 pure
CY2022 imhc Effective Income Tax Rate Reconciliation Trueups
EffectiveIncomeTaxRateReconciliationTrueups
0.0065 pure
CY2023 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0000 pure
CY2022 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.0000 pure
CY2023 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
141010720 shares
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
35736066 shares
CY2023Q4 imhc Accrued Legal Fees
AccruedLegalFees
1100000 usd
CY2022Q4 imhc Accrued Legal Fees
AccruedLegalFees
700000 usd
CY2023Q4 imhc Noncancelable Purchase Obligations
NoncancelablePurchaseObligations
36000 usd
CY2022Q4 imhc Noncancelable Purchase Obligations
NoncancelablePurchaseObligations
0 usd
CY2023 imhc Authorized Capital Description
AuthorizedCapitalDescription
The Company is authorized to issue 2 billion (2,000,000,000) shares of common stock, par value $0.001 per share and ten million (50,000,000) shares of preferred stock, par value $0.001 per share, of which twenty-five thousand shares (25,000) have been designated as Series A Convertible Redeemable Preferred Stock, par value $0.001 per share
CY2023Q3 imhc Number Of Warrants Issued
NumberOfWarrantsIssued
56405175 shares
CY2023Q3 us-gaap Share Price
SharePrice
0.10
CY2023Q3 imhc Number Of Warrants Issued
NumberOfWarrantsIssued
58610760 shares
CY2023Q3 us-gaap Share Price
SharePrice
0.13
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
13228170 shares
CY2023Q4 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2023Q4 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2023Q4 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

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