2024 Q3 Form 10-Q Financial Statement
#000121390024098398 Filed on November 14, 2024
Income Statement
Concept | 2024 Q3 |
---|---|
Revenue | $759.7K |
YoY Change | -16.15% |
Cost Of Revenue | $627.1K |
YoY Change | -5.95% |
Gross Profit | $132.6K |
YoY Change | -44.6% |
Gross Profit Margin | 17.45% |
Selling, General & Admin | $526.1K |
YoY Change | -52.18% |
% of Gross Profit | 396.81% |
Research & Development | |
YoY Change | |
% of Gross Profit | |
Depreciation & Amortization | |
YoY Change | |
% of Gross Profit | |
Operating Expenses | $526.1K |
YoY Change | -51.74% |
Operating Profit | -$393.5K |
YoY Change | -54.14% |
Interest Expense | -$31.47K |
YoY Change | |
% of Operating Profit | |
Other Income/Expense, Net | -$31.47K |
YoY Change | 11300.36% |
Pretax Income | -$425.0K |
YoY Change | -50.49% |
Income Tax | |
% Of Pretax Income | |
Net Earnings | -$425.0K |
YoY Change | -50.49% |
Net Earnings / Revenue | -55.94% |
Basic Earnings Per Share | -$0.27 |
Diluted Earnings Per Share | -$0.27 |
COMMON SHARES | |
Basic Shares Outstanding | 1.599M shares |
Diluted Shares Outstanding | 1.560M shares |
Balance Sheet
Concept | 2024 Q3 |
---|---|
SHORT-TERM ASSETS | |
Cash & Short-Term Investments | $87.67K |
YoY Change | 25.24% |
Cash & Equivalents | $87.67K |
Short-Term Investments | |
Other Short-Term Assets | $45.38K |
YoY Change | -24.37% |
Inventory | |
Prepaid Expenses | |
Receivables | $546.9K |
Other Receivables | $0.00 |
Total Short-Term Assets | $680.0K |
YoY Change | 51.05% |
LONG-TERM ASSETS | |
Property, Plant & Equipment | |
YoY Change | |
Goodwill | $5.842M |
YoY Change | -30.17% |
Intangibles | |
YoY Change | |
Long-Term Investments | |
YoY Change | |
Other Assets | |
YoY Change | |
Total Long-Term Assets | $5.842M |
YoY Change | -30.17% |
TOTAL ASSETS | |
Total Short-Term Assets | $680.0K |
Total Long-Term Assets | $5.842M |
Total Assets | $6.522M |
YoY Change | -26.02% |
SHORT-TERM LIABILITIES | |
YoY Change | |
Accounts Payable | $1.762M |
YoY Change | 7404.41% |
Accrued Expenses | |
YoY Change | |
Deferred Revenue | $159.3K |
YoY Change | |
Short-Term Debt | $41.95K |
YoY Change | |
Long-Term Debt Due | |
YoY Change | |
Total Short-Term Liabilities | $2.030M |
YoY Change | -20.59% |
LONG-TERM LIABILITIES | |
Long-Term Debt | $7.110K |
YoY Change | -92.89% |
Other Long-Term Liabilities | |
YoY Change | |
Total Long-Term Liabilities | $7.112K |
YoY Change | -92.88% |
TOTAL LIABILITIES | |
Total Short-Term Liabilities | $2.030M |
Total Long-Term Liabilities | $7.112K |
Total Liabilities | $2.038M |
YoY Change | -23.31% |
SHAREHOLDERS EQUITY | |
Retained Earnings | -$30.78M |
YoY Change | 12.87% |
Common Stock | $1.599K |
YoY Change | -91.07% |
Preferred Stock | |
YoY Change | |
Treasury Stock (at cost) | |
YoY Change | |
Treasury Stock Shares | |
Shareholders Equity | $4.485M |
YoY Change | |
Total Liabilities & Shareholders Equity | $6.522M |
YoY Change | -26.02% |
Cashflow Statement
Concept | 2024 Q3 |
---|---|
OPERATING ACTIVITIES | |
Net Income | -$425.0K |
YoY Change | -50.49% |
Depreciation, Depletion And Amortization | |
YoY Change | |
Cash From Operating Activities | -$362.6K |
YoY Change | -2.0% |
INVESTING ACTIVITIES | |
Capital Expenditures | |
YoY Change | |
Acquisitions | |
YoY Change | |
Other Investing Activities | |
YoY Change | |
Cash From Investing Activities | |
YoY Change | |
FINANCING ACTIVITIES | |
Cash Dividend Paid | |
YoY Change | |
Common Stock Issuance & Retirement, Net | |
YoY Change | |
Debt Paid & Issued, Net | |
YoY Change | |
Cash From Financing Activities | 433.0K |
YoY Change | 39.68% |
NET CHANGE | |
Cash From Operating Activities | -362.6K |
Cash From Investing Activities | |
Cash From Financing Activities | 433.0K |
Net Change In Cash | 70.40K |
YoY Change | -217.33% |
FREE CASH FLOW | |
Cash From Operating Activities | -$362.6K |
Capital Expenditures | |
Free Cash Flow | |
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
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Commitments And Contingencies
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2024-09-30 | ||
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001-37899 | ||
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|
SCWORX CORP. | ||
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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DE | ||
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Entity Tax Identification Number
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47-5412331 | ||
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100 S Ashley Dr | ||
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Suite 100 | ||
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Tampa | ||
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|
Common stock, $0.001 par value per share | ||
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WORX | ||
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NASDAQ | ||
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NetIncomeLoss
|
-1412070 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6159794 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-940935 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1412070 | usd | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
37112 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
336293 | usd | |
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
239815 | usd | |
worx |
Issuance Of Stock Issuedf For Legal Settlements
IssuanceOfStockIssuedfForLegalSettlements
|
74053 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
25500 | usd | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
64000 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
267603 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
50650 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
5850 | usd | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-10147 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
107298 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
538998 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-219250 | usd | |
us-gaap |
Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
|
-188000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-949860 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-701282 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
572906 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
994500 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
48410 | usd | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
47847 | usd | |
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
24283 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
128479 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
183558 | usd | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-128479 | usd | |
us-gaap |
Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
|
-160085 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
946090 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
524249 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-3770 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-177033 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
91436 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
249462 | usd |
CY2024Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
87666 | usd |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
72429 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
30499 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
5932 | usd | |
worx |
Shares Issued For Vested Restricted Stock Units
SharesIssuedForVestedRestrictedStockUnits
|
2 | usd | |
worx |
Shares Issued For Vested Restricted Stock Units
SharesIssuedForVestedRestrictedStockUnits
|
16 | usd | |
worx |
Shares Issued For Settlement Of Class Action
SharesIssuedForSettlementOfClassAction
|
600000 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
15 | usd | |
worx |
Shares Issued For Accrued Legal Settlement
SharesIssuedForAccruedLegalSettlement
|
285294 | usd | |
worx |
Beneficial Conversion Feature On Convertible Loans
BeneficialConversionFeatureOnConvertibleLoans
|
973200 | usd | |
worx |
Acquired Technology Predecessor Cost
AcquiredTechnologyPredecessorCost
|
0 | usd | |
CY2018Q4 | us-gaap |
Common Stock Shares Subscriptions
CommonStockSharesSubscriptions
|
1250000 | usd |
CY2018Q4 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
3125 | shares |
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1 for 15 | |
CY2023Q4 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
The effect of the reverse stock split was to combine every 15 shares of outstanding common stock into one share of common stock. | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-940935 | usd | |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3981144 | usd |
CY2024Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-30780776 | usd |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Reclassifications</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Certain balances in previously issued unaudited condensed consolidated financial statements have been reclassified to be consistent with the current period presentation. The reclassification had no impact on total financial position, net loss, or stockholders’ equity.</p> | ||
CY2024Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Concentration of Credit and Other Risks</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Financial instruments that potentially subject the Company to significant concentrations of credit risk consist principally of cash and accounts receivable. The Company believes that any concentration of credit risk in its accounts receivable is substantially mitigated by the Company’s evaluation process, relatively short collection terms and the high level of credit worthiness of its customers. The Company performs ongoing internal credit evaluations of its customers’ financial condition, obtains deposits and limits the amount of credit extended when deemed necessary but generally requires no collateral.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">Significant customers are those which represent more than 10% of the Company’s revenue for each period presented, or the Company’s accounts receivable balance as of each respective balance sheet date. For each significant customer, revenue as a percentage of total revenue and accounts receivable as a percentage of total net accounts receivable are as follows:</p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Revenue For the</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Accounts</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">nine months ended</td><td style="font-weight: bold"> </td><td style="font-weight: bold"> </td> <td colspan="6" style="font-weight: bold; text-align: center">Receivable</td><td style="font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="6" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">September 30,</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom"> <td style="font-weight: bold; border-bottom: Black 1.5pt solid">Customers</td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2024</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1.5pt"> </td> <td colspan="2" style="font-weight: bold; text-align: center; border-bottom: Black 1.5pt solid">2023</td><td style="padding-bottom: 1.5pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 52%; text-align: left">Customer A</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">14</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">11</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">4</td><td style="width: 1%; text-align: left">%</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left"> </td><td style="width: 9%; text-align: right">12</td><td style="width: 1%; text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Customer B</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">13</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">10</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left">Customer C</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">19</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">15</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">59</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12</td><td style="text-align: left">%</td></tr> <tr style="vertical-align: bottom; "> <td style="text-align: left">Customer D</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">3</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">12</td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"><div style="-sec-ix-hidden: hidden-fact-97">-</div></td><td style="text-align: left">%</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right">6</td><td style="text-align: left">%</td></tr> </table> | ||
CY2024Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
20000 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
159333 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
378583 | usd |
CY2024Q3 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
159333 | usd |
CY2023Q4 | us-gaap |
Contract With Customer Liability
ContractWithCustomerLiability
|
378583 | usd |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
365083 | usd | |
us-gaap |
Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
|
513833 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><b><i>Use of Estimates</i></b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the unaudited consolidated financial statements and accompanying notes. The Company regularly evaluates estimates and assumptions related to the allowance for doubtful accounts, the estimated useful lives and recoverability of long-lived assets, stock-based compensation, goodwill, and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected. Actual results could differ materially from those estimates.</p> | ||
CY2024Q3 | us-gaap |
Loans Payable
LoansPayable
|
41949 | usd |
CY2023Q4 | us-gaap |
Loans Payable
LoansPayable
|
90359 | usd |
CY2024Q2 | us-gaap |
Proceeds From Legal Settlements
ProceedsFromLegalSettlements
|
300000 | usd |
CY2024Q3 | worx |
Aggregate Convertible Note
AggregateConvertibleNote
|
1155000 | usd |
CY2024Q3 | us-gaap |
Short Term Debt Percentage Bearing Fixed Interest Rate
ShortTermDebtPercentageBearingFixedInterestRate
|
0.10 | pure |
CY2024Q3 | us-gaap |
Common Stock Convertible Conversion Price Increase
CommonStockConvertibleConversionPriceIncrease
|
1.43 | |
CY2024Q3 | us-gaap |
Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
|
4887118 | usd |
CY2024Q3 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
973200 | usd |
CY2024Q3 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
7112 | usd |
us-gaap |
Payments For Rent
PaymentsForRent
|
250 | usd | |
CY2024Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1206 | usd |
CY2023Q3 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
392 | usd |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
3339 | usd | |
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1262 | usd | |
CY2024Q3 | us-gaap |
Lease Cost
LeaseCost
|
1206 | usd |
CY2023Q3 | us-gaap |
Lease Cost
LeaseCost
|
392 | usd |
us-gaap |
Lease Cost
LeaseCost
|
3339 | usd | |
us-gaap |
Lease Cost
LeaseCost
|
1262 | usd | |
CY2023Q4 | us-gaap |
Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
|
461856 | usd |
CY2023 | us-gaap |
Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
|
502000 | usd |
CY2024Q3 | us-gaap |
Loss Contingency Damages Awarded Value
LossContingencyDamagesAwardedValue
|
502000 | usd |
worx |
Settlement Agreement Value
SettlementAgreementValue
|
283906 | usd | |
CY2022Q4 | worx |
Loss Contingency Payments Of Plaintiffs
LossContingencyPaymentsOfPlaintiffs
|
20000 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
45000000 | shares |
CY2023Q4 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1 for 15 | |
CY2023Q4 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
The effect of the reverse stock split was to combine every 15 shares of outstanding common stock into one share of common stock. | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
239815 | usd | |
CY2024Q2 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
37500 | usd |
CY2024Q2 | worx |
Shares Issued For Accrued Legal Settlement
SharesIssuedForAccruedLegalSettlement
|
67200 | usd |
CY2024Q2 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.79 | |
CY2024Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
38052 | usd |
CY2024Q3 | worx |
Shares Issued For Accrued Legal Settlement
SharesIssuedForAccruedLegalSettlement
|
53653 | usd |
CY2024Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.41 | |
CY2024Q3 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
159776 | usd |
CY2024Q3 | worx |
Shares Issued For Accrued Legal Settlement
SharesIssuedForAccruedLegalSettlement
|
218094 | usd |
CY2024Q3 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.36 | |
CY2024Q3 | us-gaap |
Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
|
4887118 | usd |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
973200 | usd | |
CY2023Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
40547 | usd |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
336293 | usd | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
5021826 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
217937 | shares | |
CY2024Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
67622 | usd |
CY2023Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
67622 | usd |
CY2024Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
39700000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards Foreign
DeferredTaxAssetsOperatingLossCarryforwardsForeign
|
38800000 | usd |
CY2024Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
19100000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards State And Local
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal
|
18200000 | usd |
CY2024Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12290000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12126000 | usd |
CY2024Q3 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
164000 | usd |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.0165 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.2265 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
|
false | |
CY2024Q3 | ecd |
Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
|
false | |
CY2024Q3 | ecd |
Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
|
false | |
CY2023Q4 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
usd | |
CY2024Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2023Q3 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
usd | ||
worx |
Stock Issued During Period Value Shares Issued For Settlement Of Class Action
StockIssuedDuringPeriodValueSharesIssuedForSettlementOfClassAction
|
usd | ||
worx |
Stock Issued During Period Value Exercise Of Warrants
StockIssuedDuringPeriodValueExerciseOfWarrants
|
usd | ||
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
usd | ||
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | ||
us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
usd | ||
worx |
Issuance Of Stock Issuedf For Legal Settlements
IssuanceOfStockIssuedfForLegalSettlements
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
usd | ||
us-gaap |
Repayments Of Other Debt
RepaymentsOfOtherDebt
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
worx |
Shares Issued For Settlement Of Class Action
SharesIssuedForSettlementOfClassAction
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
worx |
Shares Issued For Accrued Legal Settlement
SharesIssuedForAccruedLegalSettlement
|
usd | ||
worx |
Beneficial Conversion Feature On Convertible Loans
BeneficialConversionFeatureOnConvertibleLoans
|
usd | ||
us-gaap |
Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
|
usd | ||
CY2023 | us-gaap |
Contract With Customer Asset Purchase
ContractWithCustomerAssetPurchase
|
usd | |
CY2024Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
usd | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
usd | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001674227 |