2024 Q4 Form 10-Q Financial Statement

#000149315224043824 Filed on November 06, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $11.26K $548.9K
YoY Change -97.95% 4745.08%
Cost Of Revenue $6.014K $550.1K
YoY Change -98.91%
Gross Profit $5.249K -$1.265K
YoY Change -514.94% -111.17%
Gross Profit Margin 46.6% -0.23%
Selling, General & Admin $46.49K $125.8K
YoY Change -63.04% 488.31%
% of Gross Profit 885.71%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.512K $6.340K
YoY Change -44.61% 376.69%
% of Gross Profit 66.91%
Operating Expenses $91.70K $187.6K
YoY Change -51.12% 265.01%
Operating Profit -$84.99K -$189.1K
YoY Change -55.06% 369.32%
Interest Expense $0.00 -$100.00
YoY Change -100.0% -180.0%
% of Operating Profit
Other Income/Expense, Net $1.462K -$170.00
YoY Change -960.0% 54.55%
Pretax Income -$84.99K -$189.1K
YoY Change -55.06% 369.28%
Income Tax
% Of Pretax Income
Net Earnings -$84.99K -$189.1K
YoY Change -55.06% 369.32%
Net Earnings / Revenue -754.55% -34.46%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 80.88M shares 80.39M shares 79.83M shares
Diluted Shares Outstanding 80.65M shares 79.83M shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $153.7K $5.640K
YoY Change 2625.53% -97.93%
Cash & Equivalents $153.7K $5.638K
Short-Term Investments
Other Short-Term Assets $15.07K $13.70K
YoY Change 10.0% -83.51%
Inventory $43.54K $39.30K
Prepaid Expenses $13.70K
Receivables $378.2K
Other Receivables $0.00
Total Short-Term Assets $212.3K $436.8K
YoY Change -51.39% 22.98%
LONG-TERM ASSETS
Property, Plant & Equipment $271.5K $250.4K
YoY Change 8.43% -6.92%
Goodwill $1.132K $1.132K
YoY Change 0.0% 14.0%
Intangibles $2.494K $2.911K
YoY Change -14.32%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $296.8K $254.5K
YoY Change 16.65% -5.76%
TOTAL ASSETS
Total Short-Term Assets $212.3K $436.8K
Total Long-Term Assets $296.8K $254.5K
Total Assets $509.2K $691.3K
YoY Change -26.34% 10.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $106.0K $483.1K
YoY Change -78.05%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $37.23K $230.2K
YoY Change -83.82% -20.62%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $143.3K $713.3K
YoY Change -79.91% 144.6%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $143.3K $713.3K
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $143.3K $713.3K
YoY Change -79.91% 144.6%
SHAREHOLDERS EQUITY
Retained Earnings -$20.94M -$19.96M
YoY Change 4.89% 8.02%
Common Stock $8.081K $7.983K
YoY Change 1.23% 15.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $365.8K -$22.04K
YoY Change
Total Liabilities & Shareholders Equity $509.2K $691.3K
YoY Change -26.34% 10.57%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income -$84.99K -$189.1K
YoY Change -55.06% 369.32%
Depreciation, Depletion And Amortization $3.512K $6.340K
YoY Change -44.61% 376.69%
Cash From Operating Activities -$81.08K -$96.35K
YoY Change -15.85% -65.11%
INVESTING ACTIVITIES
Capital Expenditures $39.82K $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$39.82K $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 234.5K 85.59K
YoY Change 174.03% -85.17%
NET CHANGE
Cash From Operating Activities -81.08K -96.35K
Cash From Investing Activities -39.82K 0.000
Cash From Financing Activities 234.5K 85.59K
Net Change In Cash 113.6K -10.76K
YoY Change -1156.13% -103.67%
FREE CASH FLOW
Cash From Operating Activities -$81.08K -$96.35K
Capital Expenditures $39.82K $0.00
Free Cash Flow -$120.9K -$96.35K
YoY Change 25.48% -66.06%

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us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
78996477 shares
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.00
CY2024Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.00
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.00
CY2023Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.00
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.01
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.01
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.01
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.00
CY2024Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.00
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.00
CY2023Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
-0.00
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Net Income Loss
NetIncomeLoss
-882004 usd
us-gaap Net Income Loss
NetIncomeLoss
-932368 usd
LWLW Gain From Discontinued Operations
GainFromDiscontinuedOperations
6532 usd
LWLW Gain From Discontinued Operations
GainFromDiscontinuedOperations
6314 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9933 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
9645 usd
us-gaap Share Based Compensation
ShareBasedCompensation
570000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
576000 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-32943 usd
us-gaap Increase Decrease In Prepaid Expenses Other
IncreaseDecreaseInPrepaidExpensesOther
-44337 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6399 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
2637 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
40803 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14578 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
92055 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-32646 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-325521 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-263847 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
-169 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-325521 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-264016 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
23116 usd
us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
21121 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-44237 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
30495 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
87705 usd
LWLW Proceeds From Shareholder
ProceedsFromShareholder
21314 usd
LWLW Proceeds From Shareholder
ProceedsFromShareholder
83640 usd
LWLW Repayments Of Loans From Shareholder Loans
RepaymentsOfLoansFromShareholderLoans
211548 usd
LWLW Repayments Of Loans From Shareholder Loans
RepaymentsOfLoansFromShareholderLoans
33132 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
656376 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
67234 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
496637 usd
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
205447 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
205447 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-4203 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Disposal Group Including Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsDisposalGroupIncludingDiscontinuedOperations
289 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Continuing Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectContinuingOperations
-62603 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect Disposal Group Including Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffectDisposalGroupIncludingDiscontinuedOperations
120 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
68121 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
5638 usd
us-gaap Notes Reduction
NotesReduction
14050 usd
us-gaap Stock Issued1
StockIssued1
23221 usd
us-gaap Settlement Of Asset Retirement Obligations Through Noncash Payments Amount
SettlementOfAssetRetirementObligationsThroughNoncashPaymentsAmount
83847 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
188059 usd
CY2024Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
249278 usd
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
-84985 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
365825 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-76435 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
570000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
656376 usd
LWLW Stock Issued During Period Value Common Stock Issued For Debt Settlement
StockIssuedDuringPeriodValueCommonStockIssuedForDebtSettlement
83847 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
14041 usd
us-gaap Net Income Loss
NetIncomeLoss
-882004 usd
CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
365825 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
163410 usd
CY2023Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1164 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
-186614 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-22040 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
270955 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
270955 usd
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
576000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
67234 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3861 usd
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3861 usd
us-gaap Net Income Loss
NetIncomeLoss
-932368 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-22040 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-22040 usd
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_840_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zl4SWY3nrQua" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_864_zD7yZFAnS5Rh">Reclassifications</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain amounts on the prior year’s consolidated balance sheets, consolidated statements of operations and cash flows were reclassified to conform to current-year presentation, with no effect on ending stockholders’ equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_843_eus-gaap--UseOfEstimates_zKHw3euqGLch" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86B_zkiI3z3TlFla">Use of Estimates</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the Company’s consolidated financial statements in conformity with GAAP requires management to make estimates, judgments and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results may differ from those estimates and assumptions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_84A_eus-gaap--ConcentrationRiskCreditRisk_zBnL9fZYboIc" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span style="text-decoration: underline"><span id="xdx_86C_zxI38nMwwJL7">Concentration</span></span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 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: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">During the nine months ended September 30, 2024, the Company generated <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20240101__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zllRRTOPECXb" title="Concentration risk percentage">25</span>% and <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20240101__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zf4RcBMDWh3k" title="Concentration risk percentage">10</span>% of revenues from the top 2 customers, including one related party and one third party, respectively. During the nine months ended September 30, 2023, the Company generated <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zl8D3mktoNS" title="Concentration risk percentage">41</span>% and <span id="xdx_908_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zsxR29ul1SWk" title="Concentration risk percentage">31</span>% of revenues from the top 2 customers, respectively. The Company’s cost of revenues consisted of <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20240701__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember_zD2vVo9032zi" title="Concentration risk percentage">95</span>% and <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_dp_uPure_c20240101__20240930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember_zsUALi0nzUv5" title="Concentration risk percentage">94</span>% purchases from one top vendor for the three and nine months ended September 30, 2024. The Company’s cost of revenues were not material during the three and nine months ended September 30, 2023.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Net Income Loss
NetIncomeLoss
-882004 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-20936297 usd
CY2024Q3 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
30996 usd
CY2023Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
7209 usd
CY2024Q3 us-gaap Land
Land
266665 usd
CY2023Q4 us-gaap Land
Land
263651 usd
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
26120 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16282 usd
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
271541 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
254578 usd
CY2022Q3 us-gaap Stock Issued During Period Shares Purchase Of Assets
StockIssuedDuringPeriodSharesPurchaseOfAssets
2651780 shares
CY2022Q3 us-gaap Stock Issued During Period Value Purchase Of Assets
StockIssuedDuringPeriodValuePurchaseOfAssets
265178 usd
CY2022Q3 LWLW Value Added Tax Payable
ValueAddedTaxPayable
2108 usd
CY2024Q3 us-gaap Depreciation
Depreciation
3512 usd
CY2023Q3 us-gaap Depreciation
Depreciation
3118 usd
us-gaap Depreciation
Depreciation
9933 usd
us-gaap Depreciation
Depreciation
9645 usd
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
80809370 shares
CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
80809370 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
78775094 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
78775094 shares
CY2022Q4 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedNumberOfShares
4250000 shares
CY2022Q4 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedWeightedAverageGrantDateFairValue
0.10
CY2023 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Granted And Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedGrantedAndVested
5750000 shares
CY2023 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted And Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedAndVestedWeightedAverageGrantDateFairValue
0.11
CY2023 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Forfeited And Cancelled
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedForfeitedAndCancelled
-1570000 shares
CY2023 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeited And Cancelled Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedAndCancelledWeightedAverageGrantDateFairValue
0.12
CY2023Q4 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedNumberOfShares
8430000 shares
CY2023Q4 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedWeightedAverageGrantDateFairValue
0.10
LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Forfeited And Cancelled
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedForfeitedAndCancelled
-1200000 shares
LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Forfeited And Cancelled Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsForfeitedAndCancelledWeightedAverageGrantDateFairValue
0.10
LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Granted And Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedGrantedAndVested
1550000 shares
LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Granted And Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsGrantedAndVestedWeightedAverageGrantDateFairValue
0.37
CY2024Q3 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedNumberOfShares
8780000 shares
CY2024Q3 LWLW Sharebased Compensation Arrangement By Sharebased Payment Award Options Issued And Vested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsIssuedAndVestedWeightedAverageGrantDateFairValue
0.15
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
570000 usd
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
570000 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Prepaid And Other Assets Current
DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent
736 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
471066 usd
CY2024Q1 LWLW Assets Of Disposal Group Including Discontinued Operations Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationsCurrent
471802 usd
CY2024Q1 us-gaap Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
471802 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesCurrent
461201 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
14005 usd
CY2024Q1 LWLW Liabilities Of Disposal Group Including Discontinued Operations Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationsCurrent
475206 usd
CY2024Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
475206 usd
CY2024Q1 us-gaap Disposal Group Deferred Gain On Disposal
DisposalGroupDeferredGainOnDisposal
3404 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
221601 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Costs Of Goods Sold
DisposalGroupIncludingDiscontinuedOperationCostsOfGoodsSold
199156 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Gross Profit Loss
DisposalGroupIncludingDiscontinuedOperationGrossProfitLoss
22445 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation General And Administrative Expense
DisposalGroupIncludingDiscontinuedOperationGeneralAndAdministrativeExpense
5375 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
5375 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Operating Income Loss
DisposalGroupIncludingDiscontinuedOperationOperatingIncomeLoss
17070 usd
CY2024Q1 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
13 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Other Expense
DisposalGroupIncludingDiscontinuedOperationOtherExpense
208 usd
CY2024Q1 LWLW Disposal Group Including Discontinued Operation Other Expense Total
DisposalGroupIncludingDiscontinuedOperationOtherExpenseTotal
13 usd
CY2023Q1 LWLW Disposal Group Including Discontinued Operation Other Expense Total
DisposalGroupIncludingDiscontinuedOperationOtherExpenseTotal
208 usd
CY2024Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
-13 usd
CY2023Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
16862 usd
CY2024Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
-3141 usd
CY2023Q1 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
DiscontinuedOperationTaxEffectOfDiscontinuedOperation
843 usd
CY2024Q1 LWLW Net Income From Discontinued Operations Net Of Taxes Before Gain From Sale Of Discontinued Operations
NetIncomeFromDiscontinuedOperationsNetOfTaxesBeforeGainFromSaleOfDiscontinuedOperations
3128 usd
CY2023Q1 LWLW Net Income From Discontinued Operations Net Of Taxes Before Gain From Sale Of Discontinued Operations
NetIncomeFromDiscontinuedOperationsNetOfTaxesBeforeGainFromSaleOfDiscontinuedOperations
16019 usd
CY2024Q1 LWLW Gain From Sale Of Discontinued Operations Net Of Taxes
GainFromSaleOfDiscontinuedOperationsNetOfTaxes
3404 usd
CY2024Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
6532 usd
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
16019 usd

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