2023 Q3 Form 10-Q Financial Statement

#000149315223025383 Filed on July 24, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q1 2022 Q4
Revenue $3.120M $1.606M $3.954M
YoY Change -36.92% -61.78% -26.78%
Cost Of Revenue $2.227M $536.0K $3.153M
YoY Change -37.33% -83.43% -4.9%
Gross Profit $892.7K $1.070M $801.4K
YoY Change -35.87% 10.6% -61.56%
Gross Profit Margin 28.61% 66.62% 20.27%
Selling, General & Admin $2.747M $2.107M $6.167M
YoY Change -50.43% -45.46% -83.37%
% of Gross Profit 307.75% 196.93% 769.52%
Research & Development $3.638K $1.058M
YoY Change -98.68% 924.16%
% of Gross Profit 0.34% 132.04%
Depreciation & Amortization -$648.4K $487.2K
YoY Change -814.14% 436.67%
% of Gross Profit -60.61% 60.8%
Operating Expenses $2.747M $2.110M $7.225M
YoY Change -56.92% -49.01% -80.57%
Operating Profit -$1.855M -$1.041M -$6.424M
YoY Change -62.79% -67.19% -81.7%
Interest Expense $2.080M -$5.516M -$1.009M
YoY Change -195.92% -122.06%
% of Operating Profit
Other Income/Expense, Net $1.008M -$5.790M -$4.600M
YoY Change 40.32% 110.55% 74.96%
Pretax Income -$846.8K -$6.831M -$11.02M
YoY Change -80.15% 188.2% -71.61%
Income Tax
% Of Pretax Income
Net Earnings -$846.8K -$48.88M -$11.02M
YoY Change -80.15% 1962.33% -71.61%
Net Earnings / Revenue -27.14% -3043.98% -278.77%
Basic Earnings Per Share -$1.93 -$3.68 -$1.00
Diluted Earnings Per Share -$1.93 -$3.68 -$1.00
COMMON SHARES
Basic Shares Outstanding 19.39M shares 13.27M shares 11.02M shares
Diluted Shares Outstanding 438.4K shares 331.6K shares 11.02M shares

Balance Sheet

Concept 2023 Q3 2023 Q1 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $390.0K $316.8K $465.0K
YoY Change -75.66% -70.74% -73.39%
Cash & Equivalents $386.5K $316.8K $465.0K
Short-Term Investments
Other Short-Term Assets $1.420M $1.128M $1.971M
YoY Change -36.41% -39.95% 235.81%
Inventory $2.337M $3.966M $4.687M
Prepaid Expenses
Receivables $444.6K $531.8K $741.9K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $4.583M $5.942M $8.048M
YoY Change -63.67% -60.89% -39.0%
LONG-TERM ASSETS
Property, Plant & Equipment $15.77K $130.8K
YoY Change
Goodwill $6.781M $32.64M
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $4.418M
YoY Change
Total Long-Term Assets $2.001M $13.57M $60.99M
YoY Change -96.75% 294.33% 1627.33%
TOTAL ASSETS
Total Short-Term Assets $4.583M $5.942M $8.048M
Total Long-Term Assets $2.001M $13.57M $60.99M
Total Assets $6.584M $19.51M $69.04M
YoY Change -91.12% 4.69% 312.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.087M $3.881M $5.712M
YoY Change -7.59% -51.13% 7.64%
Accrued Expenses $5.197M $5.441M $7.551M
YoY Change -22.65% 120.96% 271.47%
Deferred Revenue $2.241M
YoY Change
Short-Term Debt $1.960M $347.5K $803.7K
YoY Change -49.3% -82.62%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.30M $29.26M $28.69M
YoY Change 1.13% 1.15% 15.19%
LONG-TERM LIABILITIES
Long-Term Debt $1.660M $1.953M $2.000M
YoY Change -17.0%
Other Long-Term Liabilities $0.00 $1.207M
YoY Change
Total Long-Term Liabilities $1.656M $1.953M $3.207M
YoY Change -50.15%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.30M $29.26M $28.69M
Total Long-Term Liabilities $1.656M $1.953M $3.207M
Total Liabilities $24.95M $31.21M $31.90M
YoY Change -5.33% 7.9% 28.06%
SHAREHOLDERS EQUITY
Retained Earnings -$152.6M -$144.8M -$95.89M
YoY Change 79.82%
Common Stock $134.1M $132.8M $132.8M
YoY Change 1.2%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$18.37M -$11.70M $37.14M
YoY Change
Total Liabilities & Shareholders Equity $6.584M $19.51M $69.04M
YoY Change -91.12% 4.69% 312.77%

Cashflow Statement

Concept 2023 Q3 2023 Q1 2022 Q4
OPERATING ACTIVITIES
Net Income -$846.8K -$48.88M -$11.02M
YoY Change -80.15% 1962.33% -71.61%
Depreciation, Depletion And Amortization -$648.4K $487.2K
YoY Change -814.14% 436.67%
Cash From Operating Activities $267.2K -$349.2K -$3.191M
YoY Change -108.08% -80.42% -45.86%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0% -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 -$601.0K 1.137M 1.939M
YoY Change -117.64% -43.17% -74.85%
NET CHANGE
Cash From Operating Activities $267.2K -349.2K -3.191M
Cash From Investing Activities 0.000 0.000
Cash From Financing Activities -$601.0K 1.137M 1.939M
Net Change In Cash -$351.8K 787.5K -1.252M
YoY Change -309.21% -224.27% -275.23%
FREE CASH FLOW
Cash From Operating Activities $267.2K -$349.2K -$3.191M
Capital Expenditures
Free Cash Flow
YoY Change

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us-gaap Amortization Of Financing Costs And Discounts
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CY2023Q1 us-gaap Amortization Of Financing Costs And Discounts
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CY2022Q1 us-gaap Amortization Of Financing Costs And Discounts
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us-gaap Gains Losses On Extinguishment Of Debt
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CNXA Loss On Issuance Of Convertible Notes
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CY2022Q1 CNXA Loss On Issuance Of Convertible Notes
LossOnIssuanceOfConvertibleNotes
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CNXA Gain On Change In Fair Value Of Derivatives Liability
GainOnChangeInFairValueOfDerivativesLiability
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CNXA Gain On Change In Fair Value Of Derivatives Liability
GainOnChangeInFairValueOfDerivativesLiability
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CY2023Q1 CNXA Gain On Change In Fair Value Of Derivatives Liability
GainOnChangeInFairValueOfDerivativesLiability
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CY2022Q1 CNXA Gain On Change In Fair Value Of Derivatives Liability
GainOnChangeInFairValueOfDerivativesLiability
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CNXA Derivative Expense
DerivativeExpense
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CY2023Q1 CNXA Derivative Expense
DerivativeExpense
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us-gaap Nonoperating Income Expense
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us-gaap Nonoperating Income Expense
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CY2023Q1 us-gaap Nonoperating Income Expense
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CY2022Q1 us-gaap Nonoperating Income Expense
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
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us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
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CY2023Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
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CY2022Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodBeforeIncomeTax
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us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
DiscontinuedOperationGainLossFromDisposalOfDiscontinuedOperationBeforeIncomeTax
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CY2023Q1 us-gaap Discontinued Operation Gain Loss From Disposal Of Discontinued Operation Before Income Tax
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2023Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2022Q1 us-gaap Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CNXA Income Loss From Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CNXA Income Loss From Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2023Q1 CNXA Income Loss From Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2022Q1 CNXA Income Loss From Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023Q1 us-gaap Comprehensive Income Net Of Tax
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CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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CY2023Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.51
CY2022Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.26
CY2023Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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CY2022Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-3.68
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13265247 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 CNXA Stock Issued During Period Value Conversionof Notes Payable Related Parties
StockIssuedDuringPeriodValueConversionofNotesPayableRelatedParties
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CY2021Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
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CY2021Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2021Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 CNXA Stock Issued During Period Value Conversionof Lliability Shares Issuable
StockIssuedDuringPeriodValueConversionofLliabilitySharesIssuable
6921 usd
CY2021Q4 CNXA Stock Issued During Period Value Conversion Of Warrants
StockIssuedDuringPeriodValueConversionOfWarrants
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CY2021Q4 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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CY2021Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
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CY2021Q4 CNXA Adjustments To Additional Paid In Capital Elimination Of Related Party Derivative Liabilities
AdjustmentsToAdditionalPaidInCapitalEliminationOfRelatedPartyDerivativeLiabilities
8754538 usd
CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
294340 usd
CY2022Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-10292951 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
32511932 usd
CY2022Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
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CY2022Q3 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
915545 usd
CY2022Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
35250 usd
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4195000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
277625 usd
CY2022Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
277625 usd
CY2022Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
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CY2023Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
191261 usd
CY2023Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
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CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3295687 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
15074880 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
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us-gaap Issuance Of Stock And Warrants For Services Or Claims
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
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us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
3145977 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
5400285 usd
CNXA Gain Loss On Derivative Expense
GainLossOnDerivativeExpense
7280405 usd
CNXA Noncash Transaction Costs
NoncashTransactionCosts
85080 usd
CNXA Loss On Issuance Of Convertible Notes
LossOnIssuanceOfConvertibleNotes
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1502455 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
435451 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
4981916 usd
CNXA Increase Decrease In Prepaid Inventory
IncreaseDecreaseInPrepaidInventory
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
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us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
141773 usd
CNXA Increase Decrease In Interest Payable Related Party
IncreaseDecreaseInInterestPayableRelatedParty
90501 usd
CNXA Increase Decrease In Interest Payable Related Party
IncreaseDecreaseInInterestPayableRelatedParty
102456 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
50706635 usd
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
36669943 usd
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
6617328 usd
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
164906 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6845810 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-7795944 usd
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
2250000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2250000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
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us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
1390000 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
11000000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
3000000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
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us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6481772 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
10209420 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
15786 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
140804 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
665002 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
915950 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
316750 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1056754 usd
us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Interest Paid Net
InterestPaidNet
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us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13729 usd
us-gaap Stock Issued1
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3550000 usd
CNXA Conversion Of Convertible Notes Payable And Accrued Interest To Common Stock
ConversionOfConvertibleNotesPayableAndAccruedInterestToCommonStock
14046300 usd
CNXA Conversion Of Convertible Notes Payable And Accrued Interest To Common Stock
ConversionOfConvertibleNotesPayableAndAccruedInterestToCommonStock
6220003 usd
CNXA Shares Issued For Contingent Consideration
SharesIssuedForContingentConsideration
915545 usd
CNXA Elimination Of Related Party Derivative Liabilities
EliminationOfRelatedPartyDerivativeLiabilities
8754538 usd
CNXA Derivative Liabilities Recorded As Debt Discounts Of Convertible Notes
DerivativeLiabilitiesRecordedAsDebtDiscountsOfConvertibleNotes
10199749 usd
CNXA Derivative Liability Recorded For Shares And Warrants Issued In Private Placement
DerivativeLiabilityRecordedForSharesAndWarrantsIssuedInPrivatePlacement
4999882 usd
CNXA Note Receivable Issued In Sale Of Playsight
NoteReceivableIssuedInSaleOfPlaysight
2000000 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
3486599 usd
CY2022Q2 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
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CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zyPPFNzNiw7i" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_866_zpeSgnW2lP1i">Use of Estimates</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Accordingly, actual results could differ from those estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> </p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_84A_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zX1QMkGfEyf8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_86C_zOkzkelYTQ1l">Financial Statement Reclassification</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">Certain prior year amounts within accounts payable, accrued expenses, and certain operating expenses have been reclassified for consistency with the current year presentation and had no effect on the Company’s balance sheet, net loss, shareholders’ deficit or cash flows.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"> </p>
CY2023Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
209690 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
209690 usd
CY2023Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
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CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
4397098 usd
CY2023Q1 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
2064041 usd
CY2022Q2 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
2559848 usd
CY2023Q1 CNXA Capitalized Duty And Freight
CapitalizedDutyAndFreight
416169 usd
CY2022Q2 CNXA Capitalized Duty And Freight
CapitalizedDutyAndFreight
1328198 usd
CY2023Q1 us-gaap Inventory Adjustments
InventoryAdjustments
300000 usd
CY2022Q2 us-gaap Inventory Adjustments
InventoryAdjustments
100000 usd
CY2023Q1 us-gaap Inventory Net
InventoryNet
3966219 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
8185144 usd
CY2023Q1 us-gaap Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
P5Y
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_844_eus-gaap--ConcentrationRiskCreditRisk_zsOmjFb9aY01" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="text-decoration: underline; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_865_zGEVrVCsVM99">Concentration of Credit Risk</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify">The Company maintains its cash in bank deposit accounts, the balances of which at times may exceed insured limits. The Company continually monitors its banking relationships and consequently has not experienced any losses in such accounts. While we may be exposed to credit risk, we consider the risk remote and do not expect that any such risk would result in a significant effect on our results of operations or financial condition. See Note 4 for further details on the Company’s concentration of credit risk as well as other risks and uncertainties.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"> </p>
CY2023Q1 us-gaap Derivative Instruments And Hedges Liabilities
DerivativeInstrumentsAndHedgesLiabilities
18143936 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
3295687 usd
CY2023Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P20Y
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 usd
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
0 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
74615 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
4335 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
544781 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
544781 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
544781 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
544781 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
426815 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
2162302 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4768241 usd
CY2023Q1 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
1545123 usd
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
921759 usd
CY2023Q1 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1611606 usd
CY2022Q2 us-gaap Accrued Bonuses Current
AccruedBonusesCurrent
1014833 usd
CY2023Q1 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1300000 usd
CY2022Q2 us-gaap Accrued Professional Fees Current
AccruedProfessionalFeesCurrent
1706560 usd
CY2023Q1 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
984697 usd
CY2022Q2 us-gaap Accounts Payable Other Current
AccountsPayableOtherCurrent
738749 usd
CY2023Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
5441426 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
4381901 usd
CY2023Q1 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
12026668 usd
CY2023Q1 CNXA Remaining Derivative Liabilities
RemainingDerivativeLiabilities
1862450 usd
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
800251 usd
CY2021Q4 CNXA Convertible Debt Discount
ConvertibleDebtDiscount
14689369 usd
CY2021Q4 CNXA Loss On Issuance Of Convertible Notes
LossOnIssuanceOfConvertibleNotes
3689369 usd
CY2021Q4 CNXA Securities Outstanding Rate Convertible Notes Descripition
SecuritiesOutstandingRateConvertibleNotesDescripition
On December 31, 2021, the Company entered into an Omnibus Amendment Agreement (the “Omnibus Agreement”) with certain Purchasers who are collectively holders of 67% or more of the Securities outstanding related to the August 6, 2021 Convertible Notes, amending each of (i) the Purchase Agreement and (ii) the Registration Rights Agreement. Simultaneously with the execution of the Omnibus Agreement, the Company issued to each Purchaser a Replacement Note (as defined below) in replacement of the Convertible Note held prior to December 31, 2021 by such Purchaser (each, an “Existing Note”).
CY2022Q2 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
4389469 shares
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
13200000 usd
CY2022Q2 us-gaap Debt Instrument Increase Accrued Interest
DebtInstrumentIncreaseAccruedInterest
846301 usd
CY2023Q1 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
0 usd
CY2022Q2 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
13200000 usd
CY2021Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1501914 usd
CY2021Q2 us-gaap Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
1250004 usd
CY2022Q1 us-gaap Business Combination Consideration Transferred Other1
BusinessCombinationConsiderationTransferredOther1
4000000 usd
CY2022Q1 CNXA Number Of Consigned Goods
NumberOfConsignedGoods
13000 integer
CY2023Q1 us-gaap Repayments Of Debt
RepaymentsOfDebt
4000000 usd
CY2022Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
500000 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
300000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
13543155 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
13543155 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
4194836 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
4194836 shares
CY2022Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
6063145 shares
CY2022Q2 us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
4389469 shares
CY2022Q4 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
1923920 shares
CY2022Q4 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
27000 shares
CY2023Q1 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
279739 shares
CY2023Q1 us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
6000 shares
us-gaap Payments For Rent
PaymentsForRent
2800 usd
us-gaap Payments For Rent
PaymentsForRent
6550 usd
CNXA Fair Value Of Common Stock
FairValueOfCommonStock
1334000 usd
CY2022 CNXA Fair Value Of Common Stock
FairValueOfCommonStock
1334000 usd
CY2022Q2 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
598396 shares
CY2022Q4 us-gaap Business Combination Contingent Consideration Liability
BusinessCombinationContingentConsiderationLiability
418455 usd
CY2022Q4 us-gaap Cash
Cash
500000 usd
CY2022Q4 us-gaap Investments
Investments
500000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Cash And Cash Equivalents
DisposalGroupIncludingDiscontinuedOperationCashAndCashEquivalents
916082 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
288980 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Inventory Current
DisposalGroupIncludingDiscontinuedOperationInventoryCurrent
323307 usd
CY2022Q2 CNXA Disposal Group Including Discontinued Operation Right Of Use Asset Operating Leases Current
DisposalGroupIncludingDiscontinuedOperationRightOfUseAssetOperatingLeasesCurrent
239689 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Prepaid And Other Assets Current
DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssetsCurrent
490260 usd
CY2022Q2 us-gaap Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
2258318 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Goodwill Noncurrent
DisposalGroupIncludingDiscontinuedOperationGoodwillNoncurrent
25862000 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment Noncurrent
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipmentNoncurrent
126862 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Intangible Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationIntangibleAssetsNoncurrent
19473646 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
209363 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Inventory Noncurrent
DisposalGroupIncludingDiscontinuedOperationInventoryNoncurrent
4693575 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent
50365446 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Accounts Payable And Accrued Liabilities Current
DisposalGroupIncludingDiscontinuedOperationAccountsPayableAndAccruedLiabilitiesCurrent
2432818 usd
CY2022Q2 CNXA Disposal Group Including Discontinued Operation Lease Liability Operating Leases Current
DisposalGroupIncludingDiscontinuedOperationLeaseLiabilityOperatingLeasesCurrent
237204 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Other Current Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherCurrentLiabilities
2545200 usd
CY2022Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
5215222 usd
CY2022Q2 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentLiabilities
1370492 usd
CY2022Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
1370492 usd
us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
3954149 usd
us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
8416117 usd
CNXA Disposal Group Including Discontinued Operation Net Income Loss
DisposalGroupIncludingDiscontinuedOperationNetIncomeLoss
-4461968 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
1080478 usd
CY2023Q1 us-gaap Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
1715589 usd
CY2023Q1 CNXA Disposal Group Including Discontinued Operation Net Income Loss
DisposalGroupIncludingDiscontinuedOperationNetIncomeLoss
-635111 usd

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