2024 Q4 Form 10-Q Financial Statement
#000168316824008108 Filed on November 14, 2024
Income Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
Revenue | $1.531M | $0.00 | |
YoY Change | |||
Cost Of Revenue | $1.132M | $0.00 | |
YoY Change | |||
Gross Profit | $399.5K | $0.00 | |
YoY Change | |||
Gross Profit Margin | 26.09% | ||
Selling, General & Admin | $1.627M | $412.4K | |
YoY Change | 360.98% | -11.1% | |
% of Gross Profit | 407.33% | ||
Research & Development | $15.00K | ||
YoY Change | |||
% of Gross Profit | 3.75% | ||
Depreciation & Amortization | $170.00 | $4.200K | |
YoY Change | -71.67% | 366.67% | |
% of Gross Profit | 0.04% | ||
Operating Expenses | $1.861M | $416.6K | |
YoY Change | 426.02% | -10.37% | |
Operating Profit | -$1.461M | -$416.6K | |
YoY Change | 313.08% | -10.37% | |
Interest Expense | $1.950K | $0.00 | |
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$683.2K | ||
YoY Change | |||
Pretax Income | -$2.144M | -$416.6K | |
YoY Change | 506.23% | -10.37% | |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$2.144M | -$416.6K | |
YoY Change | 506.23% | -10.37% | |
Net Earnings / Revenue | -140.03% | ||
Basic Earnings Per Share | -$0.30 | ||
Diluted Earnings Per Share | -$0.30 | -$0.05 | |
COMMON SHARES | |||
Basic Shares Outstanding | 8.300M shares | 6.185M shares | |
Diluted Shares Outstanding | 7.148M shares |
Balance Sheet
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.686M | $894.8K | |
YoY Change | 26.09% | -71.13% | |
Cash & Equivalents | $1.686M | $894.8K | |
Short-Term Investments | |||
Other Short-Term Assets | $158.1K | $120.6K | |
YoY Change | -72.27% | -46.91% | |
Inventory | $1.453M | $0.00 | |
Prepaid Expenses | |||
Receivables | $79.91K | $0.00 | |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $4.517M | $1.528M | |
YoY Change | 136.86% | -54.06% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $741.00 | $1.254K | |
YoY Change | -86.53% | -66.11% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | |||
Total Long-Term Assets | $20.01M | $1.254K | |
YoY Change | 370404.0% | -66.11% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $4.517M | $1.528M | |
Total Long-Term Assets | $20.01M | $1.254K | |
Total Assets | $24.52M | $1.529M | |
YoY Change | 1182.26% | -54.08% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.033M | $114.5K | |
YoY Change | 1173.29% | -5.29% | |
Accrued Expenses | $19.08K | $0.00 | |
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.018M | $114.5K | |
YoY Change | 2388.6% | -5.3% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $3.000M | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | $280.3K | ||
YoY Change | |||
Total Long-Term Liabilities | $3.280M | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.018M | $114.5K | |
Total Long-Term Liabilities | $3.280M | $0.00 | |
Total Liabilities | $5.299M | $114.5K | |
YoY Change | 6433.34% | -5.29% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$8.796M | -$3.333M | |
YoY Change | 116.63% | ||
Common Stock | $61.85K | $32.17K | |
YoY Change | -5.16% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $19.23M | $1.415M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $24.52M | $1.529M | |
YoY Change | 1182.26% | -54.08% |
Cashflow Statement
Concept | 2024 Q4 | 2024 Q3 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.144M | -$416.6K | |
YoY Change | 506.23% | -10.37% | |
Depreciation, Depletion And Amortization | $170.00 | $4.200K | |
YoY Change | -71.67% | 366.67% | |
Cash From Operating Activities | -$536.7K | -$442.3K | |
YoY Change | 4.65% | -12.3% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$40.00 | |
YoY Change | -100.0% | -101.9% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | $0.00 | $40.00 | |
YoY Change | -100.0% | -101.9% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 0.000 | 0.000 | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -536.7K | -442.3K | |
Cash From Investing Activities | 0.000 | 40.00 | |
Cash From Financing Activities | 0.000 | 0.000 | |
Net Change In Cash | -536.7K | -442.3K | |
YoY Change | 4.01% | -12.67% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$536.7K | -$442.3K | |
Capital Expenditures | $0.00 | -$40.00 | |
Free Cash Flow | -$536.7K | -$442.3K | |
YoY Change | 4.01% | -12.67% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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EntityShellCompany
|
false | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-09-30 | ||
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|
false | ||
dei |
Entity File Number
EntityFileNumber
|
333-270519 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Unusual Machines, Inc. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
66-0927642 | ||
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4677 L B McLeod Rd | ||
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Suite J | ||
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Orlando | ||
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FL | ||
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32811 | ||
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855 | ||
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921-4600 | ||
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Common Stock, par value $0.01 per share | ||
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UMAC | ||
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NYSE | ||
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-2144250 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-353674 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4862490 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1966876 | usd | |
CY2024Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.30 | |
CY2024Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.30 | |
CY2023Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.11 | |
CY2023Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.11 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.63 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.63 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.59 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.59 | ||
CY2024Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7147866 | shares |
CY2024Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7147866 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3217255 | shares |
CY2023Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3217255 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
7749285 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
7749285 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3337402 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
3337402 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3198381 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
600000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1177904 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2620477 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-435298 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2185179 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-353674 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1831505 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1414919 | usd |
CY2024Q1 | UMAC |
Issuance Of Common Shares As Settlement
IssuanceOfCommonSharesAsSettlement
|
64344 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
3849555 | usd |
CY2024Q1 | us-gaap |
Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
|
17000000 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1106002 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
21222816 | usd |
CY2024Q2 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
346854 | usd |
CY2024Q2 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
14389 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1612238 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19971821 | usd |
CY2024Q3 | UMAC |
Stock Issued During Period Value Exchange Of Convertible Note For Series C Preferred
StockIssuedDuringPeriodValueExchangeOfConvertibleNoteForSeriesCPreferred
|
1000000 | usd |
CY2024Q3 | us-gaap |
Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
|
375345 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
23086 | usd |
CY2024Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2144250 | usd |
CY2024Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
19226002 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-4862490 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1966876 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
513 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
1407 | usd | |
UMAC |
Stock Compensation Expense As Settlement
StockCompensationExpenseAsSettlement
|
64344 | usd | |
UMAC |
Stock Compensation Expense As Settlement
StockCompensationExpenseAsSettlement
|
600000 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
759673 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
0 | usd | |
UMAC |
Change In Fair Value For Warrant And Derivative Liabilities
ChangeInFairValueForWarrantAndDerivativeLiabilities
|
43239 | usd | |
UMAC |
Change In Fair Value For Warrant And Derivative Liabilities
ChangeInFairValueForWarrantAndDerivativeLiabilities
|
-0 | usd | |
UMAC |
Gains Losses On Extinguishment Of Debt1
GainsLossesOnExtinguishmentOfDebt1
|
-663250 | usd | |
UMAC |
Gains Losses On Extinguishment Of Debt1
GainsLossesOnExtinguishmentOfDebt1
|
-0 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
73109 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-0 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-337562 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-0 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
319532 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-0 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
29100 | usd | |
us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-33750 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
630595 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-50819 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-33056 | usd | |
us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
0 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
186076 | usd | |
us-gaap |
Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2718513 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1382538 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
852801 | usd | |
us-gaap |
Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
|
-0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
-0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
3164 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-852801 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-3164 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
5000000 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
637687 | usd | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
376702 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4362313 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-376702 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
790999 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-1762404 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
894773 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3099422 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1685772 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1337018 | usd |
UMAC |
Noncash Consideration Paid For Assets Acquired And Liabilities Assumed
NoncashConsiderationPaidForAssetsAcquiredAndLiabilitiesAssumed
|
19000000 | usd | |
UMAC |
Noncash Consideration Paid For Assets Acquired And Liabilities Assumed
NoncashConsiderationPaidForAssetsAcquiredAndLiabilitiesAssumed
|
0 | usd | |
UMAC |
Deferred Acquisition Costs
DeferredAcquisitionCosts
|
100000 | usd | |
UMAC |
Deferred Acquisition Costs
DeferredAcquisitionCosts
|
0 | usd | |
UMAC |
Deferred Offering Costs Recorded As Reduction Of Proceeds
DeferredOfferingCostsRecordedAsReductionOfProceeds
|
512758 | usd | |
UMAC |
Deferred Offering Costs Recorded As Reduction Of Proceeds
DeferredOfferingCostsRecordedAsReductionOfProceeds
|
0 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_849_eus-gaap--UseOfEstimates_zqxtljboF11g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration: underline"><span id="xdx_865_zlQcU7b8n0pe">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i> </i></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 and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results could differ from those estimates, and such results could be material.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The financial statements include some amounts that are based on management's best estimates and judgments. Significant estimates reflected in these financial statements include those used to (i) determine stock-based compensation, (ii) the fair value of assets acquired and liabilities assumed in business combinations and the value of shares issued as consideration, (iii) reserves and allowances related to accounts receivable, inventory and sales, (iv) the evaluation of long-term assets, including goodwill, for impairment, (v) the fair value of lease liabilities and related right of use assets, the fair value of embedded conversion option derivatives and warrant liabilities, and (vi) the warranty liability reserve.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | ||
CY2024Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2024Q3 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
1400000 | usd |
CY2023Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
600000 | usd |
CY2024Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
512758 | usd |
UMAC |
Property Plant And Equipment Useful Life1
PropertyPlantAndEquipmentUsefulLife1
|
two to five years | ||
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1149 | pure |
CY2024Q3 | UMAC |
Financial Liabilities Fair Value Warrant Liabilties
FinancialLiabilitiesFairValueWarrantLiabilties
|
308964 | usd |
CY2024Q3 | UMAC |
Financial Liabilities Fair Value Derivative Liability
FinancialLiabilitiesFairValueDerivativeLiability
|
311048 | usd |
CY2024Q3 | us-gaap |
Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
|
620012 | usd |
CY2024Q3 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
19080 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
0 | usd |
us-gaap |
Revenue Recognition Deferred Revenue
RevenueRecognitionDeferredRevenue
|
<p id="xdx_841_eus-gaap--RevenueRecognitionDeferredRevenue_zpeo6wpx2vf4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration: underline"><span id="xdx_86C_zQgFkUTVszk">Deferred Revenue</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Deferred revenue relates to (i) orders placed, but not yet fulfilled and (ii) customer tickets purchased related to the Company’s Rampage event, in which tickets are sold in advance and recognized when the event takes place. All deferred revenue is expected to be recognized within one year. Deferred revenue related to orders placed, but not yet fulfilled totaled $<span id="xdx_903_eus-gaap--DeferredRevenueCurrent_iI_c20240930_zDTdAOnds6z7" title="Deferred revenue">300,517</span> and $<span id="xdx_909_eus-gaap--DeferredRevenueCurrent_iI_c20231231_zxZukIS3uwC1" title="Deferred revenue">0</span> as of September 30, 2024 and December 31, 2023, respectively.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"></p> | ||
CY2024Q3 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
300517 | usd |
CY2023Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
0 | usd |
CY2024Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
us-gaap |
Derivatives Embedded Derivatives
DerivativesEmbeddedDerivatives
|
<p id="xdx_848_eus-gaap--DerivativesEmbeddedDerivatives_zn1L41VjgWCi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><i><span style="text-decoration: underline"><span id="xdx_868_zqjvohZyrDE7">Embedded Conversion Option Derivative </span></span></i></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 Company accounts for embedded debt conversion features in accordance with the guidance in ASC 815, <i>Derivatives and Hedging</i> (“ASC 815”). If the embedded debt conversion feature is not clearly and closely related to the debt host, then it is required to be bifurcated from the host contract and accounted for separately as a derivative liability. The derivative liability is required to be recorded at its initial fair value on the date of issuance, and each balance sheet date, thereafter. Changes in the estimated fair value of the derivative are recognized as a non-cash gain or loss in the consolidated statements of operations and comprehensive loss. This assessment, which requires the use of professional judgment, is conducted at the time of Note issuance and as of each subsequent quarterly period end date while the Note is outstanding.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p> | ||
CY2024Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
1453042 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
0 | usd |
CY2024Q3 | UMAC |
Prepaid Deposits For Inventory
PrepaidDepositsForInventory
|
1140511 | usd |
CY2023Q4 | UMAC |
Prepaid And Deposits For Inventory
PrepaidAndDepositsForInventory
|
0 | usd |
CY2024Q3 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
94500 | usd |
CY2023Q4 | us-gaap |
Prepaid Insurance
PrepaidInsurance
|
20631 | usd |
CY2024Q3 | us-gaap |
Prepaid Rent
PrepaidRent
|
59426 | usd |
CY2023Q4 | us-gaap |
Prepaid Rent
PrepaidRent
|
0 | usd |
CY2024Q3 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
4167 | usd |
CY2023Q4 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
0 | usd |
CY2024Q3 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
158093 | usd |
CY2023Q4 | us-gaap |
Other Assets Current
OtherAssetsCurrent
|
120631 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7738 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
7738 | usd |
CY2024Q3 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6997 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6484 | usd |
CY2024Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
741 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1254 | usd |
us-gaap |
Depreciation
Depreciation
|
513 | usd | |
us-gaap |
Depreciation
Depreciation
|
1407 | usd | |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
434327 | usd |
CY2024Q3 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
88954 | usd |
CY2024Q3 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
345374 | usd |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y29D | |
CY2024Q3 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.1149 | pure |
CY2024Q3 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
347947 | usd |
CY2024Q3 | us-gaap |
Derivative Assets Liabilities At Fair Value Net
DerivativeAssetsLiabilitiesAtFairValueNet
|
311048 | usd |
CY2024Q3 | us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
36899 | usd |
CY2024Q3 | UMAC |
Fair Value Of Warrant Liability
FairValueOfWarrantLiability
|
315303 | usd |
CY2024Q3 | UMAC |
Fair Value Of Warrant Liability
FairValueOfWarrantLiability
|
308964 | usd |
CY2024Q3 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
6340 | usd |
CY2024Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
us-gaap |
Restricted Stock Expense
RestrictedStockExpense
|
679699 | usd | |
UMAC |
Unrecognized Stock Compensation Expense
UnrecognizedStockCompensationExpense
|
496661 | usd | |
CY2024Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
1461876 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
330000 | shares | |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
692500 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.26 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
0 | shares | |
UMAC |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercised Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisedWeightedAverageGrantDateFairValue
|
0 | ||
CY2024Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
692500 | shares |
CY2024Q3 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
2.26 | |
us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
1000000 | usd | |
us-gaap |
Debt Conversion Converted Instrument Warrants Or Options Issued1
DebtConversionConvertedInstrumentWarrantsOrOptionsIssued1
|
630000 | shares | |
us-gaap |
Debt Instrument Convertible Stock Price Trigger
DebtInstrumentConvertibleStockPriceTrigger
|
1.99 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P4Y10M6D | ||
CY2024Q3 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
|
0 | usd |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false |