10-Q Filing

Purple Innovation, Inc. CIK: 1643953 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001213900-18-015776`
Period End Date	20180930
Filing Date	20181114
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	prpl-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 111 Cash Flow Statement 75 Stockholders Equity 20

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.67M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.01M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.59M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.15M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$8.48M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$4.18M	USD	Point-in-time
Inventories, net	`InventoryNet`	$28.68M	USD	Point-in-time
Inventories, net	`InventoryNet`	$13.35M	USD	Point-in-time
Prepaid inventory	`PrepaidInventoryNet`	$1.30M	USD	Point-in-time
Prepaid inventory	`PrepaidInventoryNet`	$317.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$492.00K	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$2.25M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$22.91M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$47.39M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$21.72M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.46M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.41M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.27M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$22.00K	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$5.00K	USD	Point-in-time
Total assets	`Assets`	$70.52M	USD	Point-in-time
Total assets	`Assets`	$37.66M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$20.44M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$21.13M	USD	Point-in-time
Accrued sales returns	`AccruedSalesReturnsCurrent`	$5.51M	USD	Point-in-time
Accrued sales returns	`AccruedSalesReturnsCurrent`	$4.83M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$2.10M	USD	Point-in-time
Accrued compensation	`EmployeeRelatedLiabilitiesCurrent`	$2.15M	USD	Point-in-time
Customer prepayments	`CustomerAdvancesCurrent`	$7.29M	USD	Point-in-time
Customer prepayments	`CustomerAdvancesCurrent`	$3.21M	USD	Point-in-time
Accrued sales tax	`SalesAndExciseTaxPayableCurrent`	$5.66M	USD	Point-in-time
Accrued sales tax	`SalesAndExciseTaxPayableCurrent`	$8.47M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$2.03M	USD	Point-in-time
Other accrued liabilities	`OtherAccruedLiabilitiesCurrent`	$1.45M	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$29.00K	USD	Point-in-time
Current portion of long-term obligations	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$31.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$43.11M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$41.21M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$8.00M	USD	Point-in-time
Long-term debt	`LongTermDebtAndCapitalLeaseObligations`	$20.70M	USD	Point-in-time
Other long-term liabilities and obligations, net of current portion	`LiabilitiesNoncurrent`	$3.49M	USD	Point-in-time
Other long-term liabilities and obligations, net of current portion	`LiabilitiesNoncurrent`	$2.37M	USD	Point-in-time
Total liabilities	`Liabilities`	$51.58M	USD	Point-in-time
Total liabilities	`Liabilities`	$67.29M	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.65M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-3.34M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$308.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$2.92M	USD	Point-in-time
Member deficit	`MembersEquity`	$-13.92M	USD	Point-in-time
Member deficit	`MembersEquity`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-13.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.23M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$70.52M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$37.66M	USD	Point-in-time

Income Statement 111 line items

Line Item	Tag	Value	Unit	Period
Revenues, net	`Revenues`	$56.01M	USD	1 Quarter
Revenues, net	`Revenues`	$75.76M	USD	1 Quarter
Revenues, net	`Revenues`	$60.77M	USD	1 Quarter
Revenues, net	`Revenues`	$70.81M	USD	1 Quarter
Revenues, net	`Revenues`	$207.33M	USD	3 Qtrs
Revenues, net	`Revenues`	$133.82M	USD	3 Qtrs
Revenues, net	`Revenues`	$136.53M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$34.95M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$78.35M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$26.87M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$111.84M	USD	Annual
Cost of revenues	`CostOfRevenue`	$15.93M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$42.68M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$74.73M	USD	3 Qtrs
Cost of revenues	`CostOfRevenue`	$43.94M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$42.80M	USD	2 Qtrs
Cost of revenues	`CostOfRevenue`	$31.93M	USD	1 Quarter
Cost of revenues	`CostOfRevenue`	$121.58M	USD	3 Qtrs
Gross profit	`GrossProfit`	$14.20M	USD	1 Quarter
Gross profit	`GrossProfit`	$35.01M	USD	2 Qtrs
Gross profit	`GrossProfit`	$85.02M	USD	Annual
Gross profit	`GrossProfit`	$28.12M	USD	1 Quarter
Gross profit	`GrossProfit`	$31.82M	USD	1 Quarter
Gross profit	`GrossProfit`	$85.76M	USD	3 Qtrs
Gross profit	`GrossProfit`	$25.82M	USD	1 Quarter
Gross profit	`GrossProfit`	$20.81M	USD	1 Quarter
Gross profit	`GrossProfit`	$24.08M	USD	1 Quarter
Gross profit	`GrossProfit`	$59.09M	USD	3 Qtrs
Gross profit	`GrossProfit`	$57.64M	USD	2 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$77.96M	USD	3 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$53.97M	USD	3 Qtrs
Marketing and sales	`SellingAndMarketingExpense`	$25.66M	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$25.19M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$6.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.21M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.07M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$17.87M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$8.47M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$904.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.64M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$356.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$578.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$97.47M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$63.35M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$29.53M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$31.57M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-5.45M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.26M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$1.19M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$3.28M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-4.25M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-3.59M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-11.71M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-2.08M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.75M	USD	Annual
Operating loss	`OperatingIncomeLoss`	$-4.67M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.45M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.67M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$999.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$4.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$184.00K	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$83.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.08M	USD	1 Quarter
Net loss	`ProfitLoss`	$-8.82M	USD	Annual
Net loss	`ProfitLoss`	$-4.28M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.84M	USD	2 Qtrs
Net loss	`ProfitLoss`	$1.19M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.25M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-5.56M	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.45M	USD	1 Quarter
Net loss	`ProfitLoss`	$3.27M	USD	1 Quarter
Net loss	`ProfitLoss`	$-14.20M	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-7.28M	USD	2 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-10.86M	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-2.73M	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.58M	USD	1 Quarter
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-4.55M	USD	1 Quarter
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-8.82M	USD	Annual
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-1.00M	USD	1 Quarter
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-2.08M	USD	1 Quarter
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$1.19M	USD	2 Qtrs
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$3.27M	USD	1 Quarter
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-5.45M	USD	1 Quarter
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-4.25M	USD	3 Qtrs
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-1.55M	USD	1 Quarter
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-3.34M	USD	3 Qtrs
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-2.55M	USD	2 Qtrs
Net loss attributable to Purple Innovation, Inc.	`NetIncomeLoss`	$-789.00K	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.39	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.15	USD	2 Qtrs
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.25	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.65	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.51	USD	3 Qtrs
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.09	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.40	USD	3 Qtrs
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-1.05	USD	Annual
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	1 Quarter
Net loss per common share-basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.30	USD	2 Qtrs
Weighted average common shares outstanding-basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.39M	shares	1 Quarter
Weighted average common shares outstanding-basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.41M	shares	3 Qtrs
Weighted average common shares outstanding-basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.44M	shares	1 Quarter
Weighted average common shares outstanding-basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.39M	shares	3 Qtrs

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-2.08M	USD	1 Quarter
Net loss	`ProfitLoss`	$-8.82M	USD	Annual
Net loss	`ProfitLoss`	$-4.28M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.84M	USD	2 Qtrs
Net loss	`ProfitLoss`	$1.19M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.25M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-5.56M	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.45M	USD	1 Quarter
Net loss	`ProfitLoss`	$3.27M	USD	1 Quarter
Net loss	`ProfitLoss`	$-14.20M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$465.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$1.53M	USD	3 Qtrs
Non-cash interest	`NonCashInterest`	-	USD	3 Qtrs
Non-cash interest	`NonCashInterest`	$1.77M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	-	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$313.00K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-10.00K	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$574.00K	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$4.30M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$3.38M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$15.34M	USD	3 Qtrs
Increase in prepaid inventory and other assets	`IncreaseInPrepaidInventoryAndOtherAssets`	$2.04M	USD	3 Qtrs
Increase in prepaid inventory and other assets	`IncreaseInPrepaidInventoryAndOtherAssets`	$341.00K	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$11.82M	USD	3 Qtrs
Increase (decrease) in accounts payable	`IncreaseDecreaseInAccountsPayable`	$-567.00K	USD	3 Qtrs
Increase in accrued sales returns	`IncreaseInAccruedSalesReturns`	$2.17M	USD	3 Qtrs
Increase in accrued sales returns	`IncreaseInAccruedSalesReturns`	$682.00K	USD	3 Qtrs
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$56.00K	USD	3 Qtrs
Increase (decrease) in accrued compensation	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-196.00K	USD	3 Qtrs
Increase (decrease) in customer prepayments	`IncreaseDecreaseInCustomerAdvances`	$4.08M	USD	3 Qtrs
Increase (decrease) in customer prepayments	`IncreaseDecreaseInCustomerAdvances`	$-1.99M	USD	3 Qtrs
Increase (decrease) in other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$6.72M	USD	3 Qtrs
Increase (decrease) in other accrued liabilities	`IncreaseDecreaseInOtherAccruedLiabilities`	$-1.09M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-27.40M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$8.76M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$9.88M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$5.32M	USD	3 Qtrs
Investment in intangible assets	`PaymentsToAcquireIntangibleAssets`	$167.00K	USD	3 Qtrs
Investment in intangible assets	`PaymentsToAcquireIntangibleAssets`	$173.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-5.48M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.05M	USD	3 Qtrs
Proceeds from the Transaction	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from the Transaction	`ProceedsFromIssuanceOfCommonStock`	$25.91M	USD	3 Qtrs
Proceeds from credit agreement	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from credit agreement	`ProceedsFromLinesOfCredit`	$24.00M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	$8.00M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	3 Qtrs
Payments for debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$367.00K	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	$22.00K	USD	3 Qtrs
Principal payments on capital lease obligations	`RepaymentsOfLongTermCapitalLeaseObligations`	-	USD	3 Qtrs
Member distributions	`PaymentsOfCapitalDistribution`	$3.79M	USD	3 Qtrs
Member distributions	`PaymentsOfCapitalDistribution`	-	USD	3 Qtrs
Payments on related party notes payable	`RepaymentsOfRelatedPartyDebt`	$300.00K	USD	3 Qtrs
Payments on related party notes payable	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Payments on long-term obligations	`ProceedsFromLongTermCapitalLeaseObligations`	-	USD	3 Qtrs
Payments on long-term obligations	`ProceedsFromLongTermCapitalLeaseObligations`	$-42.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-4.13M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$41.52M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$4.07M	USD	3 Qtrs
Net increase (decrease) in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-858.00K	USD	3 Qtrs
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.67M	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.01M	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.59M	USD	Point-in-time
Cash, beginning of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.15M	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.67M	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$4.01M	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.59M	USD	Point-in-time
Cash, end of the period	`CashAndCashEquivalentsAtCarryingValue`	$3.15M	USD	Point-in-time
Property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$428.00K	USD	3 Qtrs
Property and equipment included in accounts payable	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$511.00K	USD	3 Qtrs
Assignment of founder shares and sponsor warrants	`AssignmentOfFounderSharesAndSponsorWarrantsValue`	$4.69M	USD	3 Qtrs
Assignment of founder shares and sponsor warrants	`AssignmentOfFounderSharesAndSponsorWarrantsValue`	-	USD	3 Qtrs

Stockholders Equity 20 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-13.92M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.23M	USD	Point-in-time
Net loss	`ProfitLoss`	$-2.08M	USD	1 Quarter
Net loss	`ProfitLoss`	$-8.82M	USD	Annual
Net loss	`ProfitLoss`	$-4.28M	USD	1 Quarter
Net loss	`ProfitLoss`	$-9.84M	USD	2 Qtrs
Net loss	`ProfitLoss`	$1.19M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-4.25M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-5.56M	USD	1 Quarter
Net loss	`ProfitLoss`	$-4.36M	USD	1 Quarter
Net loss	`ProfitLoss`	$-5.45M	USD	1 Quarter
Net loss	`ProfitLoss`	$3.27M	USD	1 Quarter
Net loss	`ProfitLoss`	$-14.20M	USD	3 Qtrs
Proceeds and shares issued in the Transaction	`StockIssuedDuringPeriodValueNewIssues`	$26.34M	USD	3 Qtrs
Assignment of founder shares and sponsor warrants	`AssignmentOfFounderSharesAndSponsorWarrantsValue`	$4.69M	USD	3 Qtrs
Assignment of founder shares and sponsor warrants	`AssignmentOfFounderSharesAndSponsorWarrantsValue`	-	USD	3 Qtrs
Stock-based compensation	`StockGrantedDuringPeriodValueSharebasedCompensationGross`	$313.00K	USD	3 Qtrs
Issuance of common stock, shares	`StockIssuedDuringPeriodCommonShares`	-	shares	3 Qtrs
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$-13.92M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$3.23M	USD	Point-in-time

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