10-Q Filing

STANDARD PREMIUM FINANCE HOLDINGS, INC. CIK: 1807893 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001079973-23-001608`
Period End Date	20230930
Filing Date	20231114
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	spfx_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 76 Cash Flow Statement 86 Stockholders Equity 37

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AccountsAndFinancingReceivableAllowanceForCreditLoss`	$1.13M	USD	Point-in-time
Allowance for credit losses	`AccountsAndFinancingReceivableAllowanceForCreditLoss`	$1.40M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash	`Cash`	$421.21K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash	`Cash`	-	USD	Point-in-time
Premium finance contracts and related receivable, net of allowance for credit losses of $1,396,616 and $1,129,498 at September 30, 2023 and December 31, 2022, respectively	`PremiumFinanceContractsAndRelatedReceivableNet`	$59.76M	USD	Point-in-time
Premium finance contracts and related receivable, net of allowance for credit losses of $1,396,616 and $1,129,498 at September 30, 2023 and December 31, 2022, respectively	`PremiumFinanceContractsAndRelatedReceivableNet`	$49.47M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$348.80K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$261.01K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$60.02M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$50.24M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$103.59K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$93.57K	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$110.43K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$196.41K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.91M	shares	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	$51.92K	USD	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	$41.98K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.91M	shares	Point-in-time
Cash surrender value of life insurance	`CashSurrenderValueOfLifeInsurance`	$642.27K	USD	Point-in-time
Cash surrender value of life insurance	`CashSurrenderValueOfLifeInsurance`	$603.82K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$363.00K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$288.16K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$1.01M	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$891.98K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$61.27M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$51.49M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$34.39K	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	-	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$41.45M	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$32.71M	USD	Point-in-time
Drafts payable	`DraftsPayable`	$1.83M	USD	Point-in-time
Drafts payable	`DraftsPayable`	$3.01M	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$2.07M	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$1.34M	USD	Point-in-time
Note payable - stockholders and related parties - current portion	`NotePayableStockholdersAndRelatedPartiesCurrentPortion`	$725.00K	USD	Point-in-time
Note payable - stockholders and related parties - current portion	`NotePayableStockholdersAndRelatedPartiesCurrentPortion`	$109.00K	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanNetOfCurrentPortion`	$91.85K	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanNetOfCurrentPortion`	$92.55K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$122.55K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$70.72K	USD	Point-in-time
Finance lease obligation - current portion	`FinanceLeaseLiabilityCurrent`	$12.49K	USD	Point-in-time
Finance lease obligation - current portion	`FinanceLeaseLiabilityCurrent`	$12.99K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.32M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.48M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$37.54M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$48.95M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$4.60M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$5.95M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotePayableStockholdersAndRelatedPartiesNetOfCurrentPortion`	$1.35M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotePayableStockholdersAndRelatedPartiesNetOfCurrentPortion`	$1.82M	USD	Point-in-time
Payroll Protection Program loan, net of current portion	`PayrollProtectionProgramLoanNetOfNonCurrentPortion`	$123.92K	USD	Point-in-time
Payroll Protection Program loan, net of current portion	`PayrollProtectionProgramLoanNetOfNonCurrentPortion`	$54.42K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$73.85K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$39.71K	USD	Point-in-time
Finance lease obligation, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$30.75K	USD	Point-in-time
Finance lease obligation, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$40.56K	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$6.07M	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$8.00M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$55.02M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$45.54M	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (see Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES (see Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Common stock, par value $0.001 per share; 100 million shares authorized, 2,905,016 shares issued and outstanding at September 30, 2023 and December 31, 2022	`CommonStockValue`	$2.90K	USD	Point-in-time
Common stock, par value $0.001 per share; 100 million shares authorized, 2,905,016 shares issued and outstanding at September 30, 2023 and December 31, 2022	`CommonStockValue`	$2.90K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.40M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.57M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.84M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.77M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$6.00M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$5.95M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.53M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$6.15M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$6.25M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$5.73M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$5.60M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$51.49M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$61.27M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
TOTAL REVENUES	`Revenues`	$6.98M	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$2.12M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$6.04M	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$2.59M	USD	1 Quarter
Interest	`InterestExpense`	$2.72M	USD	3 Qtrs
Interest	`InterestExpense`	$1.03M	USD	1 Quarter
Interest	`InterestExpense`	$1.55M	USD	3 Qtrs
Interest	`InterestExpense`	$641.79K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$455.76K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$1.31M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$1.15M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$423.52K	USD	1 Quarter
Commissions	`LeasingCommissionsExpense`	$822.83K	USD	3 Qtrs
Commissions	`LeasingCommissionsExpense`	$762.92K	USD	3 Qtrs
Commissions	`LeasingCommissionsExpense`	$264.37K	USD	1 Quarter
Commissions	`LeasingCommissionsExpense`	$309.26K	USD	1 Quarter
Provision for credit losses	`ProvisionForOtherCreditLosses`	$636.82K	USD	3 Qtrs
Provision for credit losses	`ProvisionForOtherCreditLosses`	$197.57K	USD	1 Quarter
Provision for credit losses	`ProvisionForOtherCreditLosses`	$284.39K	USD	1 Quarter
Provision for credit losses	`ProvisionForOtherCreditLosses`	$631.17K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$289.99K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$71.99K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$95.85K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$237.82K	USD	3 Qtrs
Postage	`PostageExpense`	$87.22K	USD	3 Qtrs
Postage	`PostageExpense`	$81.21K	USD	3 Qtrs
Postage	`PostageExpense`	$27.16K	USD	1 Quarter
Postage	`PostageExpense`	$30.53K	USD	1 Quarter
Insurance	`OtherExpenses`	$33.55K	USD	1 Quarter
Insurance	`OtherExpenses`	$123.62K	USD	3 Qtrs
Insurance	`OtherExpenses`	$86.97K	USD	3 Qtrs
Insurance	`OtherExpenses`	$23.92K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$681.47K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	$224.38K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$600.98K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	$236.98K	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$1.91M	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$2.44M	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$5.28M	USD	3 Qtrs
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$6.50M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$762.74K	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$482.92K	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$208.91K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$154.49K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$197.59K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$54.19K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$121.07K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$37.56K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$565.14K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$154.72K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$116.93K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$361.85K	USD	3 Qtrs
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$25.26K	USD	1 Quarter
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$29.05K	USD	1 Quarter
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$87.15K	USD	3 Qtrs
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$60.14K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$274.70K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$129.47K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$505.00K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$87.88K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.09	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.17	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.03	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.03	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.08	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.45M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.26M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.45M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.30M	shares	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$565.14K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$154.72K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$116.93K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$361.85K	USD	3 Qtrs
Depreciation	`Depreciation`	$19.14K	USD	3 Qtrs
Depreciation	`Depreciation`	$16.10K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$-2.17K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	-	USD	3 Qtrs
Amortization of right to use asset - operating lease	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$85.98K	USD	3 Qtrs
Amortization of right to use asset - operating lease	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$75.67K	USD	3 Qtrs
Amortization of finance lease asset	`FinanceLeaseRightOfUseAssetAmortization`	$9.94K	USD	3 Qtrs
Amortization of finance lease asset	`FinanceLeaseRightOfUseAssetAmortization`	$9.94K	USD	3 Qtrs
Provision for credit losses	`ProvisionForOtherCreditLosses`	$636.82K	USD	3 Qtrs
Provision for credit losses	`ProvisionForOtherCreditLosses`	$197.57K	USD	1 Quarter
Provision for credit losses	`ProvisionForOtherCreditLosses`	$284.39K	USD	1 Quarter
Provision for credit losses	`ProvisionForOtherCreditLosses`	$631.17K	USD	3 Qtrs
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-45.16K	USD	3 Qtrs
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-85.56K	USD	3 Qtrs
Options issued for services	`OptionsIssuedForServices`	$21.15K	USD	3 Qtrs
Options issued for services	`OptionsIssuedForServices`	$12.83K	USD	3 Qtrs
Warrants issued for services	`AdjustmentOfWarrantsGrantedForServices`	-	USD	3 Qtrs
Warrants issued for services	`AdjustmentOfWarrantsGrantedForServices`	$10.80K	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-87.79K	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-338.54K	USD	3 Qtrs
(Increase)/Decrease in deferred tax asset, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$74.84K	USD	3 Qtrs
(Increase)/Decrease in deferred tax asset, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$-3.00K	USD	3 Qtrs
Increase/(Decrease) in drafts payable	`IncreasedecreaseInDraftsPayable`	$205.86K	USD	3 Qtrs
Increase/(Decrease) in drafts payable	`IncreasedecreaseInDraftsPayable`	$1.18M	USD	3 Qtrs
Increase/(Decrease) in accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-174.34K	USD	3 Qtrs
Increase/(Decrease) in accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$166.08K	USD	3 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-85.98K	USD	3 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-75.67K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.67M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.49M	USD	3 Qtrs
Disbursements under premium finance contracts receivable, net	`DisbursementsUnderPremiumFinanceContractsReceivableNet`	$6.64M	USD	3 Qtrs
Disbursements under premium finance contracts receivable, net	`DisbursementsUnderPremiumFinanceContractsReceivableNet`	$10.91M	USD	3 Qtrs
Payments made on cash surrender value of life insurance	`PaymentsToAcquireLifeInsurancePolicies`	$38.46K	USD	3 Qtrs
Payments made on cash surrender value of life insurance	`PaymentsToAcquireLifeInsurancePolicies`	$36.21K	USD	3 Qtrs
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.50K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.80K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.12K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.70M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.96M	USD	3 Qtrs
Cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$34.39K	USD	3 Qtrs
Cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-153.26K	USD	3 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$4.84M	USD	3 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$8.65M	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$505.00K	USD	3 Qtrs
Proceeds from notes payable	`ProceedsFromNotesPayable`	$91.67K	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$713.58K	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$236.00K	USD	3 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$25.00K	USD	3 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$180.00K	USD	3 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentOfNotesPayableStockholdersAndRelatedParties`	$27.00K	USD	3 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentOfNotesPayableStockholdersAndRelatedParties`	$181.30K	USD	3 Qtrs
Repayment of finance lease obligation	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$8.83K	USD	3 Qtrs
Repayment of finance lease obligation	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$9.31K	USD	3 Qtrs
Paid-in capital	`ProceedsFromContributionsFromParent`	-	USD	3 Qtrs
Paid-in capital	`ProceedsFromContributionsFromParent`	$45.00	USD	3 Qtrs
Repayment of PPP loan	`RepaymentOfPppLoan`	$32.41K	USD	3 Qtrs
Repayment of PPP loan	`RepaymentOfPppLoan`	$68.80K	USD	3 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$400.00K	USD	3 Qtrs
Dividends paid on Series A Convertible Preferred Stock	`DividendDistributionsPaid`	$60.14K	USD	3 Qtrs
Dividends paid on Series A Convertible Preferred Stock	`DividendDistributionsPaid`	$87.15K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.10M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.05M	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-421.21K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$75.86K	USD	3 Qtrs
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.85K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.21K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.99K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.85K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	-	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$421.21K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.99K	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$296.06K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$75.55K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$2.65M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$1.48M	USD	3 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	-	USD	3 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	$270.00K	USD	3 Qtrs
Operating lease assets obtained in exchange for lease liabilities	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Operating lease assets obtained in exchange for lease liabilities	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	$71.04K	USD	3 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$4.77M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.00M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.95M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.53M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.15M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$6.25M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.73M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.60M	USD	Point-in-time
Series A Convertible Preferred Stock issued for cash and exchanged for note payable	`SeriesAConvertiblePreferredStockIssuedInExchangeForNotePayable`	$650.00K	USD	1 Quarter
Series A Convertible Preferred Stock issued for cash and exchanged for note payable	`SeriesAConvertiblePreferredStockIssuedInExchangeForNotePayable`	$20.00K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$5.78K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$7.05K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$7.05K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$7.05K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$10.80K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$7.05K	USD	1 Quarter
Paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$45.00	USD	1 Quarter
Dividends paid on preferred stock	`DividendsPaidOnPreferredStock`	$-17.32K	USD	1 Quarter
Dividends paid on preferred stock	`DividendsPaidOnPreferredStock`	$-29.05K	USD	1 Quarter
Dividends paid on preferred stock	`DividendsPaidOnPreferredStock`	$-25.26K	USD	1 Quarter
Dividends paid on preferred stock	`DividendsPaidOnPreferredStock`	$-29.05K	USD	1 Quarter
Dividends paid on preferred stock	`DividendsPaidOnPreferredStock`	$-29.05K	USD	1 Quarter
Dividends paid on preferred stock	`DividendsPaidOnPreferredStock`	$-17.56K	USD	1 Quarter
Net income	`ProfitLoss`	$176.04K	USD	1 Quarter
Net income	`ProfitLoss`	$154.72K	USD	1 Quarter
Net income	`ProfitLoss`	$225.06K	USD	1 Quarter
Net income	`ProfitLoss`	$185.35K	USD	1 Quarter
Net income	`ProfitLoss`	$116.93K	USD	1 Quarter
Net income	`ProfitLoss`	$68.88K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$4.77M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.00M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.95M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.53M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.15M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$6.25M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.73M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.60M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.