10-Q Filing

U.S. GOLD CORP. CIK: 27093 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001171520-15-000650`
Period End Date	20151031
Filing Date	20151215
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	dram-20151031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 68 Cash Flow Statement 62 Stockholders Equity 14

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts and sales returns	`AllowanceForDoubtfulAccountsReceivableCurrent`	$140.00K	USD	Point-in-time
Allowance for doubtful accounts and sales returns	`AllowanceForDoubtfulAccountsReceivableCurrent`	$130.00K	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.01M	USD	Point-in-time
Accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$966.83K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.72K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$617.01K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$257.63K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$327.30K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	1.30M	shares	Point-in-time
Preferred stock, authorized shares	`PreferredStockSharesAuthorized`	1.30M	shares	Point-in-time
Accounts receivable, less allowance for doubtful accounts and sales returns of $130,000 and $140,000, respectively	`AccountsReceivableNet`	$2.17M	USD	Point-in-time
Accounts receivable, less allowance for doubtful accounts and sales returns of $130,000 and $140,000, respectively	`AccountsReceivableNet`	$3.29M	USD	Point-in-time
Inventories	`InventoryNet`	$1.39M	USD	Point-in-time
Inventories	`InventoryNet`	$2.09M	USD	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	626,600.00	shares	Point-in-time
Preferred stock, outstanding shares	`PreferredStockSharesOutstanding`	544,600.00	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$69.08K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$72.88K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	54.00M	shares	Point-in-time
Common stock, authorized shares	`CommonStockSharesAuthorized`	54.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$5.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.66M	USD	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $1,014,831 and $966,831, respectively	`PropertyPlantAndEquipmentNet`	$95.00K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	3.93M	shares	Point-in-time
Property and equipment, net of accumulated depreciation and amortization of $1,014,831 and $966,831, respectively	`PropertyPlantAndEquipmentNet`	$121.00K	USD	Point-in-time
Common stock, issued shares	`CommonStockSharesIssued`	2.78M	shares	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	2.78M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$29.48K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$49.21K	USD	Point-in-time
Common stock, outstanding shares	`CommonStockSharesOutstanding`	3.93M	shares	Point-in-time
Capitalized software development costs	`CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers`	$365.42K	USD	Point-in-time
Capitalized software development costs	`CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers`	$345.12K	USD	Point-in-time
Goodwill	`Goodwill`	$1.08M	USD	Point-in-time
Goodwill	`Goodwill`	$1.08M	USD	Point-in-time
Total assets	`Assets`	$6.93M	USD	Point-in-time
Total assets	`Assets`	$6.27M	USD	Point-in-time
Note payable-revolving credit line	`NotesAndLoansPayable`	$2.12M	USD	Point-in-time
Note payable-revolving credit line	`NotesAndLoansPayable`	$2.11M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$879.57K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$912.93K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$282.28K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$174.75K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$600.00K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableCurrent`	$600.00K	USD	Point-in-time
Convertible notes payable related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$107.50K	USD	Point-in-time
Convertible notes payable related parties	`NotesPayableRelatedPartiesClassifiedCurrent`	$80.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.89M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$179.16K	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$143.33K	USD	Point-in-time
Total liabilities	`Liabilities`	$4.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$4.16M	USD	Point-in-time
Preferred stock, par value $.01 per share. Authorized 1,300,000 shares; Issued and outstanding shares 544,600 at October 31, 2015 and 626,600 at April 30, 2015	`PreferredStockValue`	$1.86M	USD	Point-in-time
Preferred stock, par value $.01 per share. Authorized 1,300,000 shares; Issued and outstanding shares 544,600 at October 31, 2015 and 626,600 at April 30, 2015	`PreferredStockValue`	$1.64M	USD	Point-in-time
Authorized 54,000,000 shares; issued and outstanding 3,925,870 at October 31, 2015 and 2,776,012 at April 30, 2015	`CommonStockValue`	$3.93M	USD	Point-in-time
Authorized 54,000,000 shares; issued and outstanding 3,925,870 at October 31, 2015 and 2,776,012 at April 30, 2015	`CommonStockValue`	$2.78M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$21.86M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$21.86M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.49M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.59M	USD	Point-in-time
Shares to be issued	`OtherAdditionalCapital`	$111.75K	USD	Point-in-time
Shares to be issued	`OtherAdditionalCapital`	$59.12K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.12M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$2.89M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.27M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$6.93M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$14.60M	USD	2 Qtrs
Revenues	`Revenues`	$13.39M	USD	2 Qtrs
Revenues	`Revenues`	$6.05M	USD	1 Quarter
Revenues	`Revenues`	$6.88M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$4.85M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$5.87M	USD	1 Quarter
Cost of sales	`CostOfGoodsSold`	$10.78M	USD	2 Qtrs
Cost of sales	`CostOfGoodsSold`	$12.35M	USD	2 Qtrs
Engineering	`TechnologyServicesCosts`	$317.29K	USD	2 Qtrs
Engineering	`TechnologyServicesCosts`	$100.24K	USD	2 Qtrs
Engineering	`TechnologyServicesCosts`	$46.28K	USD	1 Quarter
Engineering	`TechnologyServicesCosts`	$151.73K	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.67M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$1.28M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$2.68M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$3.31M	USD	2 Qtrs
Total costs and expenses	`CostOfRevenue`	$7.69M	USD	1 Quarter
Total costs and expenses	`CostOfRevenue`	$15.98M	USD	2 Qtrs
Total costs and expenses	`CostOfRevenue`	$6.17M	USD	1 Quarter
Total costs and expenses	`CostOfRevenue`	$13.57M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.37M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-123.42K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-178.44K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-810.68K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-53.73K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-116.37K	USD	2 Qtrs
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-683.35K	USD	1 Quarter
Interest expense, net	`InterestIncomeExpenseNonoperatingNet`	$-877.03K	USD	2 Qtrs
Gain on sale of state NOL	`GainLossOnSaleOfOtherAssets`	$190.46K	USD	1 Quarter
Gain on sale of state NOL	`GainLossOnSaleOfOtherAssets`	-	USD	2 Qtrs
Gain on sale of state NOL	`GainLossOnSaleOfOtherAssets`	-	USD	1 Quarter
Gain on sale of state NOL	`GainLossOnSaleOfOtherAssets`	$190.46K	USD	2 Qtrs
Currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.20K	USD	2 Qtrs
Currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-12.93K	USD	1 Quarter
Currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$7.29K	USD	2 Qtrs
Currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$6.88K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$143.62K	USD	1 Quarter
Total other expense, net	`NonoperatingIncomeExpense`	$-892.24K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$81.38K	USD	2 Qtrs
Total other expense, net	`NonoperatingIncomeExpense`	$-696.28K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-97.06K	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$20.19K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-2.26M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-1.51M	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	$2.85K	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Income tax expense (benefit)	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-2.27M	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-97.06K	USD	2 Qtrs
Net income (loss)	`ProfitLoss`	$-1.51M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$20.19K	USD	1 Quarter
Dividend Series A preferred stock	`PreferredStockDividendsAndOtherAdjustments`	$121.61K	USD	2 Qtrs
Dividend Series A preferred stock	`PreferredStockDividendsAndOtherAdjustments`	-	USD	2 Qtrs
Dividend Series A preferred stock	`PreferredStockDividendsAndOtherAdjustments`	-	USD	1 Quarter
Dividend Series A preferred stock	`PreferredStockDividendsAndOtherAdjustments`	$58.95K	USD	1 Quarter
Net loss allocated to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-38.76K	USD	1 Quarter
Net loss allocated to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.27M	USD	2 Qtrs
Net loss allocated to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-218.67K	USD	2 Qtrs
Net loss allocated to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.51M	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.63	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.01	USD	1 Quarter
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	2 Qtrs
Basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.94	USD	2 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.54M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.41M	shares	2 Qtrs
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.41M	shares	1 Quarter
Basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.11M	shares	2 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.27M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-97.06K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.51M	USD	1 Quarter
Net loss	`ProfitLoss`	$20.19K	USD	1 Quarter
Amortization of deferred gain on sale leaseback	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	$-35.83K	USD	2 Qtrs
Amortization of deferred gain on sale leaseback	`SaleLeasebackTransactionCurrentPeriodGainRecognized`	$-35.83K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$68.30K	USD	2 Qtrs
Bad debt expense	`AllowanceForLoanAndLeaseLossesWriteOffs`	$5.22K	USD	2 Qtrs
Bad debt expense	`AllowanceForLoanAndLeaseLossesWriteOffs`	$23.15K	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	2 Qtrs
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$750.00K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$272.32K	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$9.43K	USD	2 Qtrs
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.13M	USD	2 Qtrs
Increase (decrease) in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$678.77K	USD	2 Qtrs
Decrease in inventories	`IncreaseDecreaseInInventories`	$219.12K	USD	2 Qtrs
Decrease in inventories	`IncreaseDecreaseInInventories`	$697.70K	USD	2 Qtrs
Increase in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-162.12K	USD	2 Qtrs
Increase in other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$-3.81K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$1.95K	USD	2 Qtrs
Decrease in other assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$19.73K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$810.61K	USD	2 Qtrs
Increase in accounts payable	`IncreaseDecreaseInAccountsPayable`	$33.35K	USD	2 Qtrs
Decrease in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-107.53K	USD	2 Qtrs
Decrease in accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-338.37K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-274.08K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-256.01K	USD	2 Qtrs
Software development costs	`CapitalizedComputerSoftwarePeriodIncreaseDecrease`	$365.42K	USD	2 Qtrs
Software development costs	`CapitalizedComputerSoftwarePeriodIncreaseDecrease`	-	USD	2 Qtrs
Additions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$22.00K	USD	2 Qtrs
Additions of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-365.42K	USD	2 Qtrs
Net borrowings (repayments) under revolving credit line	`ProceedsFromRepaymentsOfLinesOfCredit`	$-353.48K	USD	2 Qtrs
Net borrowings (repayments) under revolving credit line	`ProceedsFromRepaymentsOfLinesOfCredit`	$13.29K	USD	2 Qtrs
Proceeds from issuance of notes and warrants	`ProceedsFromIssuanceOfConvertibleNotesWarrants`	$750.00K	USD	2 Qtrs
Proceeds from issuance of notes and warrants	`ProceedsFromIssuanceOfConvertibleNotesWarrants`	-	USD	2 Qtrs
Repayment of convertible notes	`RepaymentsOfConvertibleDebt`	-	USD	2 Qtrs
Repayment of convertible notes	`RepaymentsOfConvertibleDebt`	$27.50K	USD	2 Qtrs
Proceeds from sales of preferred shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$100.00K	USD	2 Qtrs
Proceeds from sales of preferred shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Proceeds from sale of common shares	`ProceedsFromIssuanceOfCommonStock`	$500.00K	USD	2 Qtrs
Proceeds from sale of common shares	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$585.79K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$396.52K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$289.71K	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-224.92K	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$32.72K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$617.01K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$257.63K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$327.30K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$32.72K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$617.01K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$257.63K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$327.30K	USD	Point-in-time
Interest	`InterestPaid`	$127.03K	USD	2 Qtrs
Interest	`InterestPaid`	$116.37K	USD	2 Qtrs
Debt discount on convertible notes payable	`DebtDiscountOnConvertibleNotes`	-	USD	2 Qtrs
Debt discount on convertible notes payable	`DebtDiscountOnConvertibleNotes`	$750.00K	USD	2 Qtrs
Issuance of common stock for accrued dividend on Series A preferred shares	`StockIssuedDuringPeriodValueStockDividend`	$174.23K	USD	2 Qtrs
Issuance of common stock for accrued dividend on Series A preferred shares	`StockIssuedDuringPeriodValueStockDividend`	-	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$2.12M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.89M	USD	Point-in-time
Net loss	`ProfitLoss`	$-2.27M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-97.06K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-1.51M	USD	1 Quarter
Net loss	`ProfitLoss`	$20.19K	USD	1 Quarter
Stock option expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$184.75K	USD	2 Qtrs
Issuance of common shares for cash	`StockIssuedDuringPeriodValueNewIssues`	$500.00K	USD	2 Qtrs
Common shares issued for service	`StockIssuedDuringPeriodValueIssuedForServices`	$87.56K	USD	2 Qtrs
Issuance of preferred shares and warrants for cash	`ProceedsFromIssuanceOfPreferredStockPreferenceStockAndWarrants`	$100.00K	USD	2 Qtrs
Common shares issued for preferred stock dividend	`StockIssuedDuringPeriodValueStockDividend`	$174.23K	USD	2 Qtrs
Common shares issued for preferred stock dividend	`StockIssuedDuringPeriodValueStockDividend`	-	USD	2 Qtrs
Ending balance	`StockholdersEquity`	$2.12M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.89M	USD	Point-in-time

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