2024 Q4 Form 10-Q Financial Statement
#000121465924019185 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
Revenue | $1.290M | $1.166M | |
YoY Change | 10.63% | -36.18% | |
Cost Of Revenue | $615.0K | $1.138M | |
YoY Change | -45.96% | 22.23% | |
Gross Profit | $675.0K | $28.00K | |
YoY Change | 2310.71% | -96.88% | |
Gross Profit Margin | 52.33% | 2.4% | |
Selling, General & Admin | $1.138M | $1.105M | |
YoY Change | 2.99% | -15.52% | |
% of Gross Profit | 168.59% | 3946.43% | |
Research & Development | $97.00K | $97.00K | |
YoY Change | 0.0% | 36.62% | |
% of Gross Profit | 14.37% | 346.43% | |
Depreciation & Amortization | $17.00K | $23.00K | |
YoY Change | -26.09% | 130.0% | |
% of Gross Profit | 2.52% | 82.14% | |
Operating Expenses | $1.235M | $1.202M | |
YoY Change | 2.75% | -12.84% | |
Operating Profit | -$560.0K | -$1.174M | |
YoY Change | -52.3% | 143.06% | |
Interest Expense | $2.000K | ||
YoY Change | -166.67% | ||
% of Operating Profit | |||
Other Income/Expense, Net | -$100.0K | -$25.00K | |
YoY Change | 300.0% | 733.33% | |
Pretax Income | -$1.199M | ||
YoY Change | 146.71% | ||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$660.0K | -$1.199M | |
YoY Change | -44.95% | 146.71% | |
Net Earnings / Revenue | -51.16% | -102.83% | |
Basic Earnings Per Share | -$0.01 | -$0.01 | |
Diluted Earnings Per Share | -$0.01 | -$0.01 | |
COMMON SHARES | |||
Basic Shares Outstanding | 183.9M shares | 183.9M shares | 183.9M shares |
Diluted Shares Outstanding | 183.9M shares | 180.8M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $35.00K | ||
YoY Change | -46.15% | ||
Cash & Equivalents | $33.00K | $35.00K | |
Short-Term Investments | |||
Other Short-Term Assets | $672.0K | ||
YoY Change | -11.11% | ||
Inventory | $1.087M | $1.873M | |
Prepaid Expenses | $698.0K | $672.0K | |
Receivables | $621.0K | $696.0K | |
Other Receivables | $0.00 | ||
Total Short-Term Assets | $2.439M | $3.276M | |
YoY Change | -25.55% | -30.21% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $338.0K | $369.0K | |
YoY Change | -8.4% | 48.79% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $270.0K | $270.0K | |
YoY Change | 0.0% | -6.9% | |
Total Long-Term Assets | $1.316M | $1.908M | |
YoY Change | -31.03% | -17.9% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $2.439M | $3.276M | |
Total Long-Term Assets | $1.316M | $1.908M | |
Total Assets | $3.755M | $5.184M | |
YoY Change | -27.57% | -26.13% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $696.0K | $1.178M | |
YoY Change | -40.92% | 29.45% | |
Accrued Expenses | $1.012M | ||
YoY Change | 62.7% | ||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | -100.0% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $7.352M | $32.46M | |
YoY Change | -77.35% | 1428.97% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | ||
YoY Change | -100.0% | ||
Other Long-Term Liabilities | $154.0K | $72.00K | |
YoY Change | 113.89% | -94.84% | |
Total Long-Term Liabilities | $154.0K | $72.00K | |
YoY Change | 113.89% | -95.19% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $7.352M | $32.46M | |
Total Long-Term Liabilities | $154.0K | $72.00K | |
Total Liabilities | $7.707M | $33.32M | |
YoY Change | -76.87% | 820.36% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$46.32M | -$41.82M | |
YoY Change | 10.75% | 23.67% | |
Common Stock | $184.0K | $184.0K | |
YoY Change | 0.0% | 13.58% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$28.95M | -$28.13M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $3.755M | $5.184M | |
YoY Change | -27.57% | -26.13% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$660.0K | -$1.199M | |
YoY Change | -44.95% | 146.71% | |
Depreciation, Depletion And Amortization | $17.00K | $23.00K | |
YoY Change | -26.09% | 130.0% | |
Cash From Operating Activities | -$687.0K | ||
YoY Change | -73.0% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $14.00K | ||
YoY Change | -107.91% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | -$14.00K | ||
YoY Change | -92.09% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 671.0K | ||
YoY Change | -75.07% | ||
NET CHANGE | |||
Cash From Operating Activities | -687.0K | ||
Cash From Investing Activities | -14.00K | ||
Cash From Financing Activities | 671.0K | ||
Net Change In Cash | -30.00K | ||
YoY Change | 3.16% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$687.0K | ||
Capital Expenditures | $14.00K | ||
Free Cash Flow | -$701.0K | ||
YoY Change | -70.39% |
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us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
usd | ||
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
usd | ||
CY2024Q3 | us-gaap |
Cash
Cash
|
33000 | usd |
CY2024Q3 | togi |
Accrued Legal Contingencies Current
AccruedLegalContingenciesCurrent
|
1066000 | usd |
CY2023Q4 | togi |
Accrued Legal Contingencies Current
AccruedLegalContingenciesCurrent
|
1066000 | usd |
CY2024Q3 | togi |
Related Party Notes And Advance Payable
RelatedPartyNotesAndAdvancePayable
|
4509000 | usd |
CY2023Q4 | togi |
Related Party Notes And Advance Payable
RelatedPartyNotesAndAdvancePayable
|
2472000 | usd |
CY2024Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
7352000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
13504000 | usd |
CY2023Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
766000 | usd |
CY2023Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
339000 | usd |
CY2024Q3 | togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
100000 | usd |
CY2023Q3 | togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
25000 | usd |
togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
257000 | usd | |
togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
114000 | usd | |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1199000 | usd |
CY2023Q3 | togi |
Preferred Dividends
PreferredDividends
|
-511000 | usd |
togi |
Preferred Dividends
PreferredDividends
|
-1011000 | usd | |
togi |
Preferred Dividends
PreferredDividends
|
-1517000 | usd | |
CY2024Q3 | togi |
Forgiveness Of Accrued Dividends
ForgivenessOfAccruedDividends
|
3678000 | usd |
CY2024Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-660000 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-28952000 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-26478000 | usd |
CY2023Q3 | togi |
Common Stock Issued Upon Conversion Of Convertible Notes
CommonStockIssuedUponConversionOfConvertibleNotes
|
55000 | usd |
CY2023Q3 | togi |
Preferred Dividends
PreferredDividends
|
-511000 | usd |
CY2023Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-1199000 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-28133000 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-29426000 | usd |
togi |
Preferred Dividends
PreferredDividends
|
-1011000 | usd | |
togi |
Forgiveness Of Accrued Dividends
ForgivenessOfAccruedDividends
|
3678000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-2193000 | usd | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-23388000 | usd |
togi |
Contribution From Parent
ContributionFromParent
|
730000 | usd | |
us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
39000 | usd | |
togi |
Common Stock Issued Upon Conversion Of Convertible Notes
CommonStockIssuedUponConversionOfConvertibleNotes
|
55000 | usd | |
togi |
Preferred Dividends
PreferredDividends
|
-1517000 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
-4052000 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-28133000 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-3204000 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-5569000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
68000 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
68000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
426000 | usd | |
us-gaap |
Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
|
392000 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
89000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
46000 | usd | |
us-gaap |
Inventory Write Down
InventoryWriteDown
|
743000 | usd | |
togi |
Increase In Net Parent Investment For Corporate Overhead
IncreaseInNetParentInvestmentForCorporateOverhead
|
153000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-345000 | usd | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-326000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
64000 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
71000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-206000 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
21000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-362000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
31000 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
-29000 | usd | |
us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
501000 | usd | |
togi |
Dividends Payable
DividendsPayable
|
1011000 | usd | |
togi |
Dividends Payable
DividendsPayable
|
1517000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-415000 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
-403000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1972000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2244000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
53000 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
28000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-53000 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-28000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
2037000 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
1385000 | usd | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
577000 | usd | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
39000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
211000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2037000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2212000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
12000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-60000 | 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 |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33000 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
35000 | usd |
us-gaap |
Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
|
3678000 | usd | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
55000 | usd | |
dei |
Entity Incorporation Date Of Incorporation
EntityIncorporationDateOfIncorporation
|
2005-04-05 | ||
CY2024Q3 | us-gaap |
Revenues
Revenues
|
1290000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1166000 | usd |
us-gaap |
Revenues
Revenues
|
3751000 | usd | |
us-gaap |
Revenues
Revenues
|
2766000 | usd | |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1166000 | usd |
us-gaap |
Revenues
Revenues
|
3751000 | usd | |
us-gaap |
Revenues
Revenues
|
2766000 | usd | |
CY2024Q3 | us-gaap |
Revenues
Revenues
|
1290000 | usd |
CY2023Q3 | us-gaap |
Revenues
Revenues
|
1166000 | usd |
us-gaap |
Revenues
Revenues
|
3751000 | usd | |
us-gaap |
Revenues
Revenues
|
2766000 | usd | |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1060000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1007000 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
722000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
649000 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
338000 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
358000 | usd |
CY2024Q3 | us-gaap |
Depreciation
Depreciation
|
17000 | usd |
CY2023Q3 | us-gaap |
Depreciation
Depreciation
|
23000 | usd |
us-gaap |
Depreciation
Depreciation
|
68000 | usd | |
us-gaap |
Depreciation
Depreciation
|
68000 | usd | |
CY2024Q3 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
452000 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
|
878000 | usd |
CY2024Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
635000 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
461000 | usd |
CY2024Q3 | us-gaap |
Inventory Net
InventoryNet
|
1087000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
1339000 | usd |
CY2024Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
25000 | usd |
CY2023Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
25000 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
75000 | usd | |
us-gaap |
Sublease Income
SubleaseIncome
|
61000 | usd | |
CY2024Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
162000 | usd |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
486000 | usd | |
CY2024Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
25000 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
75000 | usd | |
CY2024Q3 | us-gaap |
Lease Cost
LeaseCost
|
137000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
411000 | usd | |
CY2023Q3 | us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
162000 | usd |
us-gaap |
Operating Costs And Expenses
OperatingCostsAndExpenses
|
461000 | usd | |
CY2023Q3 | us-gaap |
Sublease Income
SubleaseIncome
|
25000 | usd |
us-gaap |
Sublease Income
SubleaseIncome
|
61000 | usd | |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
137000 | usd |
us-gaap |
Lease Cost
LeaseCost
|
400000 | usd | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
0 | usd | |
us-gaap |
Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
|
730000 | usd | |
CY2024Q3 | togi |
Related Party Receivables
RelatedPartyReceivables
|
0 | usd |
CY2023Q4 | togi |
Related Party Receivables
RelatedPartyReceivables
|
0 | usd |
togi |
Schedule Of Related Party Notes Payble
ScheduleOfRelatedPartyNotesPayble
|
<table cellpadding="0" cellspacing="0" id="xdx_892_ecustom--ScheduleOfRelatedPartyNotesPayble_zpg2g38ozV6" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - RELATED PARTY TRANSACTIONS (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span id="xdx_8B7_zqRZSl6ER3Jg" style="display: none">Schedule of related party notes payable</span></td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: center"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="white-space: nowrap"> </td><td style="white-space: nowrap; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">Interest <br/> rate</td><td style="white-space: nowrap; font-weight: bold; padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">Due date</td><td style="white-space: nowrap; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">September 30,<br/> 2024</td><td style="white-space: nowrap; padding-bottom: 1pt; font-weight: bold"> </td><td style="white-space: nowrap; font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; white-space: nowrap; font-weight: bold; text-align: center">December 31,<br/> 2023</td><td style="white-space: nowrap; padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 40%; text-align: left">Hyperscale advance payable</td><td style="width: 1%"> </td> <td style="width: 14%; text-align: center"><span id="xdx_909_eus-gaap--RelatedPartyTransactionRate_c20240101__20240930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HyperscaleAdvancePayableMember_pdd" title="Interest rate">10%</span></td><td style="width: 1%"> </td> <td style="width: 14%; text-align: center">-</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_983_ecustom--RelatedPartyNotesAndAdvancePayable_c20240930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HyperscaleAdvancePayableMember_pp0p0" style="width: 12%; text-align: right" title="Total related party notes and advances payable">4,453,000</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_989_ecustom--RelatedPartyNotesAndAdvancePayable_c20231231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--HyperscaleAdvancePayableMember_pp0p0" style="width: 12%; text-align: right" title="Total related party notes and advances payable">2,407,000</td><td style="white-space: nowrap; width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left">Chief Executive Officer</td><td> </td> <td style="text-align: center"><span id="xdx_909_eus-gaap--RelatedPartyTransactionRate_c20240101__20240930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__srt--ChiefExecutiveOfficerMember_pdd" title="Interest rate">14%</span></td><td> </td> <td style="text-align: center">Default</td><td> </td> <td style="text-align: left"> </td><td id="xdx_982_ecustom--RelatedPartyNotesAndAdvancePayable_c20240930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__srt--ChiefExecutiveOfficerMember_pp0p0" style="text-align: right" title="Total related party notes and advances payable">46,000</td><td style="white-space: nowrap; text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_984_ecustom--RelatedPartyNotesAndAdvancePayable_c20231231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__srt--ChiefExecutiveOfficerMember_pp0p0" style="text-align: right" title="Total related party notes and advances payable">51,000</td><td style="white-space: nowrap; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left; padding-bottom: 1pt">Non-officer advance payable</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt">-</td><td style="padding-bottom: 1pt"> </td> <td style="text-align: center; padding-bottom: 1pt">-</td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_986_ecustom--RelatedPartyNotesAndAdvancePayable_c20240930__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--NonOfficerJuneAndSeptember2023AdvancePayableMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total related party notes and advances payable">10,000</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td><td style="padding-bottom: 1pt"> </td> <td style="border-bottom: Black 1pt solid; text-align: left"> </td><td id="xdx_98B_ecustom--RelatedPartyNotesAndAdvancePayable_c20231231__us-gaap--RelatedPartyTransactionsByRelatedPartyAxis__custom--NonOfficerJuneAndSeptember2023AdvancePayableMember_pp0p0" style="border-bottom: Black 1pt solid; text-align: right" title="Total related party notes and advances payable">14,000</td><td style="white-space: nowrap; padding-bottom: 1pt; text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 9pt; text-align: left; padding-bottom: 2.5pt">Total related party notes and advances payable</td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: right; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="text-align: right; padding-bottom: 2.5pt"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_985_ecustom--RelatedPartyNotesAndAdvancePayable_c20240930_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Total related party notes and advances payable">4,509,000</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td><td style="padding-bottom: 2.5pt"> </td> <td style="border-bottom: Black 2.5pt double; text-align: left">$</td><td id="xdx_98F_ecustom--RelatedPartyNotesAndAdvancePayable_c20231231_pp0p0" style="border-bottom: Black 2.5pt double; text-align: right" title="Total related party notes and advances payable">2,472,000</td><td style="white-space: nowrap; padding-bottom: 2.5pt; text-align: left"> </td></tr> </table> | ||
CY2024Q3 | togi |
Related Party Notes And Advance Payable
RelatedPartyNotesAndAdvancePayable
|
4509000 | usd |
CY2023Q4 | togi |
Related Party Notes And Advance Payable
RelatedPartyNotesAndAdvancePayable
|
2472000 | usd |
CY2024Q3 | us-gaap |
Debt Instrument Face Amount
DebtInstrumentFaceAmount
|
2000000 | usd |
CY2024Q3 | us-gaap |
Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
|
8000000 | usd |
CY2024Q3 | us-gaap |
Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
|
2026-12-31 | |
CY2024Q3 | togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
100000 | usd |
CY2023Q3 | togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
25000 | usd |
togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
257000 | usd | |
togi |
Interest Expenses Related Party
InterestExpensesRelatedParty
|
114000 | usd | |
togi |
Cash Paid For Related Party Notes And Advances Payable
CashPaidForRelatedPartyNotesAndAdvancesPayable
|
6000 | usd | |
togi |
Cash Paid For Related Party Notes And Advances Payable
CashPaidForRelatedPartyNotesAndAdvancesPayable
|
0 | usd | |
CY2024Q3 | togi |
Noncancelable Purchase Obligations
NoncancelablePurchaseObligations
|
24000 | usd |
CY2023Q4 | togi |
Noncancelable Purchase Obligations
NoncancelablePurchaseObligations
|
36000 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1390961864 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
428901218 | shares | |
togi |
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 fifty 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 | ||
CY2024Q2 | togi |
Warrant Issued
WarrantIssued
|
24954170 | shares |
CY2024Q2 | us-gaap |
Common Stock Conversion Basis
CommonStockConversionBasis
|
Each warrant entitles the holder to purchase one share of common stock at a price of $.10 per share. | |
ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | ||
ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | ||
ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | ||
ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |