2022 Q1 Form 10-K Financial Statement
#000173112222000636 Filed on March 31, 2022
Income Statement
Concept | 2022 Q1 | 2021 | 2020 Q4 |
---|---|---|---|
Revenue | $5.886M | $15.77M | $11.06M |
YoY Change | 83.5% | 42.58% | |
Cost Of Revenue | $3.452M | $9.498M | $6.289M |
YoY Change | 100.71% | 51.02% | |
Gross Profit | $2.434M | $6.276M | $4.774M |
YoY Change | 63.61% | 31.45% | |
Gross Profit Margin | 41.36% | 39.79% | 43.15% |
Selling, General & Admin | $682.3K | $1.726M | $3.898M |
YoY Change | 127.88% | 97.82% | |
% of Gross Profit | 28.03% | 27.51% | 81.64% |
Research & Development | $221.5K | $211.1K | |
YoY Change | |||
% of Gross Profit | 9.1% | 3.36% | |
Depreciation & Amortization | $80.09K | $198.5K | $124.9K |
YoY Change | 72.16% | 27.48% | |
% of Gross Profit | 3.29% | 3.16% | 2.62% |
Operating Expenses | $3.483M | $7.907M | $4.053M |
YoY Change | 161.23% | 95.06% | |
Operating Profit | -$1.048M | -$1.631M | $720.8K |
YoY Change | -777.27% | -326.23% | |
Interest Expense | -$125.3K | -$169.2K | -$178.6K |
YoY Change | 607.79% | -5.26% | |
% of Operating Profit | -24.77% | ||
Other Income/Expense, Net | -$143.2K | $619.7K | |
YoY Change | 527.55% | 37.64% | |
Pretax Income | -$1.191M | -$1.011M | $1.171M |
YoY Change | -1002.86% | -186.33% | |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.191M | -$1.011M | $1.171M |
YoY Change | -1002.86% | -186.33% | |
Net Earnings / Revenue | -20.24% | -6.41% | 10.58% |
Basic Earnings Per Share | -$0.19 | ||
Diluted Earnings Per Share | -$170.2K | -$0.19 | $167.3K |
COMMON SHARES | |||
Basic Shares Outstanding | 7.000M shares | 5.331M shares | |
Diluted Shares Outstanding | 5.331M shares |
Balance Sheet
Concept | 2022 Q1 | 2021 | 2020 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $14.89M | $9.972M | $891.8K |
YoY Change | 1258.11% | 1018.19% | |
Cash & Equivalents | $5.061M | $6.975M | $891.8K |
Short-Term Investments | $9.828M | $2.997M | |
Other Short-Term Assets | $1.042M | $1.009M | |
YoY Change | 684.46% | 288260.0% | |
Inventory | $3.213M | $1.800M | $936.7K |
Prepaid Expenses | |||
Receivables | $5.019K | $5.140K | |
Other Receivables | $286.9K | $286.9K | |
Total Short-Term Assets | $12.61M | $13.07M | $1.835M |
YoY Change | 388.56% | 612.47% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $3.433M | $4.434M | $1.365M |
YoY Change | -4.52% | 67.65% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $2.980M | $3.067M | |
YoY Change | |||
Other Assets | $25.00K | $25.00K | |
YoY Change | 0.0% | 0.0% | |
Total Long-Term Assets | $7.896M | $7.526M | $2.670M |
YoY Change | 118.08% | 181.91% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $12.61M | $13.07M | $1.835M |
Total Long-Term Assets | $7.896M | $7.526M | $2.670M |
Total Assets | $20.50M | $20.60M | $4.505M |
YoY Change | 230.63% | 357.3% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $1.969M | $1.201M | $799.3K |
YoY Change | 111.96% | 50.24% | |
Accrued Expenses | $660.0K | $825.4K | $217.9K |
YoY Change | 15.49% | 88.32% | |
Deferred Revenue | $200.00 | $6.784K | |
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.123M | $2.155M | $1.440M |
YoY Change | 65.12% | 49.67% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $499.9K | $499.9K | |
YoY Change | -54.89% | 0.0% | |
Other Long-Term Liabilities | $1.146M | $1.244M | |
YoY Change | -24.64% | 22.49% | |
Total Long-Term Liabilities | $1.646M | $1.744M | |
YoY Change | -37.39% | 15.07% | |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.123M | $2.155M | $1.440M |
Total Long-Term Liabilities | $1.646M | $1.744M | |
Total Liabilities | $4.769M | $3.899M | $2.956M |
YoY Change | 5.5% | 31.93% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$3.209M | -$1.007M | |
YoY Change | |||
Common Stock | $7.000K | $4.000K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $15.73M | $16.70M | $1.549M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $20.50M | $20.60M | $4.505M |
YoY Change | 230.63% | 357.3% |
Cashflow Statement
Concept | 2022 Q1 | 2021 | 2020 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.191M | -$1.011M | $1.171M |
YoY Change | -1002.86% | -186.33% | |
Depreciation, Depletion And Amortization | $80.09K | $198.5K | $124.9K |
YoY Change | 72.16% | 27.48% | |
Cash From Operating Activities | -$1.150M | -$1.948M | $467.5K |
YoY Change | -705.42% | -634.09% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $728.4K | $1.941M | -$487.9K |
YoY Change | 64.33% | 269.52% | |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $80.52K | -$6.097M | $324.7K |
YoY Change | -1977.37% | ||
Cash From Investing Activities | -$647.9K | -$8.037M | -$163.1K |
YoY Change | 46.16% | 3909.57% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $15.85M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -$116.4K | $16.07M | 459.2K |
YoY Change | -125.42% | 3038.06% | |
NET CHANGE | |||
Cash From Operating Activities | -$1.150M | -$1.948M | 467.5K |
Cash From Investing Activities | -$647.9K | -$8.037M | -163.1K |
Cash From Financing Activities | -$116.4K | $16.07M | 459.2K |
Net Change In Cash | -$1.914M | $6.083M | 763.6K |
YoY Change | -1035.84% | 799.6% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.150M | -$1.948M | $467.5K |
Capital Expenditures | $728.4K | $1.941M | -$487.9K |
Free Cash Flow | -$1.878M | -$3.888M | $955.4K |
YoY Change | 641.28% | 2321.86% |
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ResearchAndDevelopmentExpense
|
211111 | usd |
CY2020 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
380929 | usd |
CY2020 | us-gaap |
Professional Fees
ProfessionalFees
|
167299 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16699700 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1548840 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
20599184 | usd |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
4504566 | usd |
CY2021 | us-gaap |
Revenues
Revenues
|
15774170 | usd |
CY2020 | us-gaap |
Revenues
Revenues
|
11063619 | usd |
CY2021 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
9498384 | usd |
CY2020 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
6289316 | usd |
CY2021 | us-gaap |
Gross Profit
GrossProfit
|
6275786 | usd |
CY2020 | us-gaap |
Gross Profit
GrossProfit
|
4774303 | usd |
CY2021 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
1726345 | usd |
CY2020 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
872669 | usd |
CY2021 | us-gaap |
Salaries And Wages
SalariesAndWages
|
5389599 | usd |
CY2021 | us-gaap |
Depreciation
Depreciation
|
198523 | usd |
CY2020 | us-gaap |
Depreciation
Depreciation
|
155728 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
7906507 | usd |
CY2020 | us-gaap |
Operating Expenses
OperatingExpenses
|
4053469 | usd |
CY2021 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1630721 | usd |
CY2020 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
720834 | usd |
CY2021 | us-gaap |
Other Income
OtherIncome
|
538 | usd |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-136709 | usd |
CY2020 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
-178584 | usd |
CY2021 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
-254600 | usd |
CY2020 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
19327 | usd |
CY2021 | us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
434724 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
-32465 | usd |
CY2021 | tvpc |
Government Grant Income
GovernmentGrantIncome
|
608224 | usd |
CY2020 | tvpc |
Forgiveness Of Ppp Loan
ForgivenessOfPppLoan
|
609500 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
619712 | usd |
CY2020 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
450243 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1011009 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1171077 | usd |
CY2021 | tvpc |
Basic And Dilutive Loss Income Per Share Of Common Stock
BasicAndDilutiveLossIncomePerShareOfCommonStock
|
-0.19 | |
CY2020 | tvpc |
Basic And Dilutive Loss Income Per Share Of Common Stock
BasicAndDilutiveLossIncomePerShareOfCommonStock
|
0.29 | |
CY2021 | tvpc |
Weighted Average Number Of Shares Of Common Stock Outstanding
WeightedAverageNumberOfSharesOfCommonStockOutstanding
|
5331400 | shares |
CY2020 | tvpc |
Weighted Average Number Of Shares Of Common Stock Outstanding
WeightedAverageNumberOfSharesOfCommonStockOutstanding
|
4000000 | shares |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
115607 | usd |
CY2020 | us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
262156 | usd |
CY2020 | us-gaap |
Profit Loss
ProfitLoss
|
1171077 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1548840 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
15852037 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Employee Stock Purchase Program Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition
|
309832 | usd |
CY2021 | us-gaap |
Profit Loss
ProfitLoss
|
-1011009 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
16699700 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1011009 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1171077 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
309832 | usd |
CY2021 | us-gaap |
Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
|
50417 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
198523 | usd |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
155728 | usd |
CY2021 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
-224037 | usd |
CY2020 | us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
19327 | usd |
CY2021 | tvpc |
Gain On Government Grant
GainOnGovernmentGrant
|
608224 | usd |
CY2020 | tvpc |
Gain On Forgiveness Of Paycheck Protection Program Loan
GainOnForgivenessOfPaycheckProtectionProgramLoan
|
609500 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
384791 | usd |
CY2020 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
307143 | usd |
CY2021 | us-gaap |
Unrealized Gain Loss On Marketable Securities Cost Method Investments And Other Investments
UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments
|
-32465 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
5137 | usd |
CY2021 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
913510 | usd |
CY2020 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
232520 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
903406 | usd |
CY2020 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-11846 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
401581 | usd |
CY2020 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-64362 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
238878 | usd |
CY2020 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-15114 | usd |
CY2021 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-354093 | usd |
CY2020 | us-gaap |
Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
|
-275605 | usd |
CY2021 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
7316 | usd |
CY2020 | us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-64718 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1947539 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
364648 | usd |
CY2020 | tvpc |
Payment To Security Deposit
PaymentToSecurityDeposit
|
25000 | usd |
CY2020 | us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
349744 | usd |
CY2021 | us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
6096562 | usd |
CY2021 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
1940702 | usd |
CY2020 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
525196 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-8037264 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-200452 | usd |
CY2021 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15852037 | usd |
CY2021 | tvpc |
Proceed From Deferred Offering Cost
ProceedFromDeferredOfferingCost
|
105500 | usd |
CY2020 | tvpc |
Capital Contribution From Parent Net
CapitalContributionFromParentNet
|
262156 | usd |
CY2021 | tvpc |
Proceeds From Government Grant
ProceedsFromGovernmentGrant
|
608224 | usd |
CY2020 | us-gaap |
Proceeds From Short Term Debt
ProceedsFromShortTermDebt
|
609500 | usd |
CY2020 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
499900 | usd |
CY2020 | us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-497650 | usd |
CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
44628 | usd |
CY2020 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
90000 | usd |
CY2021 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
331100 | usd |
CY2020 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
6100 | usd |
CY2020 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
445760 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
16068289 | usd |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
512046 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
6083486 | usd |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
676242 | usd |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
891816 | usd |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
215574 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6975302 | usd |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
891816 | usd |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
165195 | usd |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
120604 | usd |
CY2021 | tvpc |
Increase In Rightofuse Asset And Lease Liability
IncreaseInRightofuseAssetAndLeaseLiability
|
655726 | usd |
CY2020 | tvpc |
Increase In Rightofuse Asset And Lease Liability
IncreaseInRightofuseAssetAndLeaseLiability
|
1586738 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
(40,000)-for-one | |
CY2021Q2 | us-gaap |
Common Stock Dividends Shares
CommonStockDividendsShares
|
3999900 | shares |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
14100 | usd |
CY2020Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
6784 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
3149300 | usd |
CY2020Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
1898327 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
8892 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
9231 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
9583 | usd |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
470023 | usd |
CY2021 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_848_eus-gaap--UseOfEstimates_zPU3OrnaewC6" 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><i><span id="xdx_862_z6HvyO3CdYf8">Use of Estimates</span></i></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">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of expenses during the reporting period. Some of these judgments can be subjective and complex, and, consequently, actual results may differ from these estimates.</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> | |
CY2021 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zaVzLIKHem7" 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><i><span id="xdx_86D_znw5mN6XKha9">Concentrations of Credit and Business Risk</span></i></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">Financial instruments that potentially subject the Company to concentrations of credit risk primarily consist of trade receivables. Credit risk on trade receivables is mitigated as a result of the Company’s use of trade letters of credit, dealer floor plan financing arrangements, and the geographically diversified nature of the Company’s customer base. The Company minimizes the concentration of credit risk associated with its cash by maintaining its cash with high quality federally insured financial institutions. However, cash balances in excess of the Federal Deposit Insurance Corporation (“FDIC”) insured limit of $<span id="xdx_90F_eus-gaap--CashFDICInsuredAmount_c20211231_pp0p0" title="FDIC insured limit">250,000</span> are at risk. As of December 31, 2021 and December 31, 2020, the Company had $<span id="xdx_907_eus-gaap--CashUninsuredAmount_c20211231_pp0p0" title="FDIC uninsured amount">6,725,302</span> and $<span id="xdx_906_eus-gaap--CashUninsuredAmount_c20201231_pp0p0" title="FDIC uninsured amount">641,816</span>, respectively, in excess of FDIC insured limits.</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> | |
CY2021Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2021Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
6725302 | usd |
CY2020Q4 | us-gaap |
Cash Uninsured Amount
CashUninsuredAmount
|
641816 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
6975302 | usd |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
891816 | usd |
CY2020 | us-gaap |
Lease Cost
LeaseCost
|
303910 | usd |
CY2021Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
499900 | usd |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
1478294 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
|
102865 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
5.70 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
|
P9Y5M15D | |
CY2020Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
75000 | usd |
CY2019Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
75000 | usd |
CY2021 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
75012 | usd |
CY2020 | us-gaap |
Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
|
63606 | usd |
CY2021 | tvpc |
Provision For Product Warranty Liabilities
ProvisionForProductWarrantyLiabilities
|
75012 | usd |
CY2020 | tvpc |
Provision For Product Warranty Liabilities
ProvisionForProductWarrantyLiabilities
|
63606 | usd |
CY2021Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
75000 | usd |
CY2020Q4 | us-gaap |
Standard Product Warranty Accrual
StandardProductWarrantyAccrual
|
75000 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
57042 | usd |
CY2020 | us-gaap |
Advertising Expense
AdvertisingExpense
|
28736 | usd |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
211111 | usd |
CY2020 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
CY2021 | tvpc |
Sharebased Compensation Arrangement By Forfeited Canceled Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementByForfeitedCanceledSharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y8M23D | |
CY2021 | tvpc |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeited Canceled In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedCanceledInPeriodFairValue1
|
-95003 | usd |
CY2021Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
13039399 | usd |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
713612 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
5.13 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P9Y6M14D | |
CY2021Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
1518947 | usd |
CY2020Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
763633 | usd |
CY2021Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
240256 | usd |
CY2020Q4 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
173043 | usd |
CY2021Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
40566 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
1799769 | usd |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
936676 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
3344303 | usd |
CY2020Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
1651906 | usd |
CY2021Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
461132 | usd |
CY2020Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
286877 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
2883171 | usd |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1365029 | usd |
CY2021 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
198523 | usd |
CY2020 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
155728 | usd |
CY2021Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0036 | pure |
CY2020Q4 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0167 | pure |
CY2021Q4 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
2171 | usd |
CY2021 | tvpc |
Schedule Of Leases Supplemental Balance Sheet Information
ScheduleOfLeasesSupplementalBalanceSheetInformation
|
<table cellpadding="0" cellspacing="0" id="xdx_898_ecustom--ScheduleOfLeasesSupplementalBalanceSheetInformation_zCwBuCvZO0zb" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%" summary="xdx: Disclosure - Leases - Related Party (Details)"> <tr style="vertical-align: bottom; background-color: White"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: left; text-indent: -10pt"><span id="xdx_8B8_zwXO0zQuc4Tl" style="display: none">Schedule of leases supplemental balance sheet information</span></td><td> </td> <td style="text-align: left"> </td><td id="xdx_49C_20211231_zdI9e2gSqjQb" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_497_20201231_zBXoOAhFn8ye" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: center; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31,</span></td><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31,</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: center; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2021</span></td><td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2020</span></td></tr> <tr id="xdx_40E_eus-gaap--OperatingLeaseRightOfUseAsset_iI_pp0p0" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding: 0pt 0pt 0pt 10pt; width: 56%; text-align: left; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating lease ROU asset</span></td><td style="width: 8%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,550,530</span></td><td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="width: 8%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,279,595</span></td><td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 36pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom; background-color: White"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: left; text-indent: -10pt"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_498_20211231_z9FCFdFuN3qb" style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_49E_20201231_zq6hYAh9g604" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: center; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31,</span></td><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">December 31,</span></td></tr> <tr style="vertical-align: bottom"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: center; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2021</span></td><td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td colspan="3" style="border-bottom: Black 1pt solid; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">2020</span></td></tr> <tr id="xdx_40A_eus-gaap--OperatingLeaseLiabilityAbstract_iB" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: left; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Operating lease liabilities:</span></td><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_402_eus-gaap--OperatingLeaseLiabilityCurrent_iI_pp0p0_maOLLzimi_zEZE6XNH7L7f" style="vertical-align: bottom; background-color: White"> <td style="padding: 0pt 0pt 0pt 10pt; width: 56%; text-align: left; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Current portion</span></td><td style="width: 8%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">368,602</span></td><td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="width: 8%"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">295,374</span></td><td style="width: 1%; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_400_eus-gaap--OperatingLeaseLiabilityNoncurrent_iI_pp0p0_maOLLzimi_zP7aIo3SEghg" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding: 0pt 0pt 0pt 10pt; text-align: left; text-indent: -10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Non-current portion</span></td><td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,244,164</span></td><td style="padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="padding-bottom: 1pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,015,759</span></td><td style="padding-bottom: 1pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--OperatingLeaseLiability_iTI_pp0p0_mtOLLzimi_zk3AJqs3mFP1" style="vertical-align: bottom; background-color: White"> <td style="padding: 0pt 0pt 0pt 10pt; text-indent: -10pt"><span style="color: White; font-family: Times New Roman, Times, Serif; font-size: 10pt"> Total lease liabilities </span></td><td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,612,766</span></td><td style="padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td><td style="padding-bottom: 2.5pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; text-align: right"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">1,311,133</span></td><td style="padding-bottom: 2.5pt; text-align: left"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></td></tr> </table> | |
CY2021Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1550530 | usd |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
1279595 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
368602 | usd |
CY2020Q4 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
295374 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1244164 | usd |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
1015759 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1612766 | usd |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1311133 | usd |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
373800 | usd |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
396900 | usd |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
416745 | usd |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
437582 | usd |
CY2021Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
1625027 | usd |
CY2021Q4 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
12261 | usd |
CY2021Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
1612766 | usd |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0036 | pure |
CY2021Q4 | us-gaap |
Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
|
P4Y3M | |
CY2021 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
390699 | usd |
CY2020 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
303910 | usd |
CY2021 | us-gaap |
Lease Cost
LeaseCost
|
390699 | usd |
CY2021Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
185402 | usd |
CY2020Q4 | us-gaap |
Accrued Salaries Current
AccruedSalariesCurrent
|
60988 | usd |
CY2021Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
30000 | usd |
CY2020Q4 | us-gaap |
Accrued Bonuses Current
AccruedBonusesCurrent
|
0 | usd |
CY2021Q4 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
75000 | usd |
CY2020Q4 | us-gaap |
Extended Product Warranty Accrual
ExtendedProductWarrantyAccrual
|
75000 | usd |
CY2021Q4 | us-gaap |
Accrued Exchange Fee Rebate Current
AccruedExchangeFeeRebateCurrent
|
60000 | usd |
CY2020Q4 | us-gaap |
Accrued Exchange Fee Rebate Current
AccruedExchangeFeeRebateCurrent
|
0 | usd |
CY2021Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
33852 | usd |
CY2020Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
62317 | usd |
CY2021Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
72560 | usd |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
19631 | usd |
CY2021Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
456814 | usd |
CY2020Q4 | us-gaap |
Accrued Liabilities Current And Noncurrent
AccruedLiabilitiesCurrentAndNoncurrent
|
217936 | usd |
CY2021Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
93000 | usd |
CY2021Q4 | us-gaap |
Contractual Obligation
ContractualObligation
|
4273258 | usd |
CY2020Q4 | us-gaap |
Contractual Obligation
ContractualObligation
|
1790000 | usd |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50000000 | shares |
CY2021Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
10000000 | shares |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
forty-thousand (40,000)-for-one stock split | |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
309832 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
754000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
5.15 | |
CY2021 | tvpc |
Sharebased Compensation Arrangement By Granted Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementByGrantedSharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P10Y | |
CY2021 | tvpc |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedInPeriodFairValue1
|
1573297 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
|
40388 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
5.53 | |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
713612 | shares |
CY2021Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
610747 | shares |
CY2021 | tvpc |
Gain Loss On Disposition Of Asset
GainLossOnDispositionOfAsset
|
249499 | usd |
CY2021 | us-gaap |
Gain On Business Interruption Insurance Recovery
GainOnBusinessInterruptionInsuranceRecovery
|
434724 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
3800000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2175000 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
3800000 | usd |
CY2020Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
2175000 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
375000 | usd |
CY2021Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
3800000 | usd |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.020 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.020 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.230 | pure |
CY2020 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.230 | pure |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0.000 | usd |
CY2020 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0.000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1011009 | usd |
CY2020 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1171077 | usd |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5331400 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
4000000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
5331400 | shares |
CY2020 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
4000000 | shares |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.19 | |
CY2020 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.29 | |
CY2021 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.19 | |
CY2020 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.29 |