10-K Filing

VERITAS FARMS, INC. CIK: 1669400 FY 2022

Filing Information

Form Type	10-K
Accession Number	`0001213900-23-030190`
Period End Date	20221231
Filing Date	20230417
Fiscal Year	2022
Fiscal Period	FY
XBRL Instance	f10k2022_veritasfarms_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 54 Cash Flow Statement 73 Stockholders Equity 18

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$481.76K	USD	Point-in-time
Cash	`Cash`	$55.27K	USD	Point-in-time
Inventories	`InventoryNet`	$2.24M	USD	Point-in-time
Inventories	`InventoryNet`	$3.21M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$104.77K	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts	`AccountsReceivableNetCurrent`	$34.45K	USD	Point-in-time
Employee retention credit receivable	`AccountsAndOtherReceivablesNetCurrent`	$623.91K	USD	Point-in-time
Employee retention credit receivable	`AccountsAndOtherReceivablesNetCurrent`	-	USD	Point-in-time
Assets held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$502.71K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$73.43K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$243.27K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.53M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$2.81M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`PropertyPlantAndEquipmentNet`	$3.86M	USD	Point-in-time
Intangible assets, net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$55.00K	USD	Point-in-time
Intangible assets, net of accumulated amortization	`FiniteLivedIntangibleAssetsNet`	$55.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Right of use assets, net of accumulated amortization	`OperatingLeaseRightOfUseAsset`	$264.18K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	200.00M	shares	Point-in-time
Right of use assets, net of accumulated amortization	`OperatingLeaseRightOfUseAsset`	$414.32K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$228.61K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.63M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$136.21K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	41.62M	shares	Point-in-time
TOTAL ASSETS	`Assets`	$6.79M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$8.60M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.63M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	41.62M	shares	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.25M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.42M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$144.53K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$250.16K	USD	Point-in-time
Accrued interest	`AccruedInterestNonRelatedParties`	$28.88K	USD	Point-in-time
Accrued interest	`AccruedInterestNonRelatedParties`	$297.45K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$195.83K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrent`	$595.83K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableNetOfDiscount`	$200.00K	USD	Point-in-time
Convertible notes payable	`ConvertibleNotesPayableNetOfDiscount`	$200.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$422.92K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$4.58K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiability`	$150.13K	USD	Point-in-time
Operating lease liability	`OperatingLeaseLiability`	$150.05K	USD	Point-in-time
Notes payable, current portion	`NotesPayableCurrent`	$3.28K	USD	Point-in-time
Notes payable, current portion	`NotesPayableCurrent`	$61.84K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.17M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.21M	USD	Point-in-time
Notes payable, long term, net of current portion	`LongTermDebtNoncurrent`	$186.59K	USD	Point-in-time
Notes payable, long term, net of current portion	`LongTermDebtNoncurrent`	$150.00K	USD	Point-in-time
Related party convertible notes payable, long term, net of discount	`ConvertibleNotesPayablesNoncurrent`	$308.69K	USD	Point-in-time
Related party convertible notes payable, long term, net of discount	`ConvertibleNotesPayablesNoncurrent`	$3.97M	USD	Point-in-time
Paycheck Protection Program loan	`PaycheckProtectionProgramLoanNonCurrent`	$803.99K	USD	Point-in-time
Paycheck Protection Program loan	`PaycheckProtectionProgramLoanNonCurrent`	-	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$264.18K	USD	Point-in-time
Operating lease liability, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$114.13K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$7.40M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.77M	USD	Point-in-time
Preferred stock, 5,000,000 shares authorized at $0.001 par value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, 5,000,000 shares authorized at $0.001 par value	`PreferredStockValue`	-	USD	Point-in-time
Series A convertible preferred stock, 4,000,000 shares authorized, 4,000,000 and 4,000,000 issued and outstanding, respectively, at $0.001 par value	`ConvertiblePreferredStock`	$4.00K	USD	Point-in-time
Series A convertible preferred stock, 4,000,000 shares authorized, 4,000,000 and 4,000,000 issued and outstanding, respectively, at $0.001 par value	`ConvertiblePreferredStock`	$4.00K	USD	Point-in-time
Series B convertible preferred stock, 1,000,000 shares authorized, 1,000,000 and 1,000,000 issued and outstanding, respectively, at $0.001 par value	`ConvertiblePreferredStockValue1`	$1.00K	USD	Point-in-time
Series B convertible preferred stock, 1,000,000 shares authorized, 1,000,000 and 1,000,000 issued and outstanding, respectively, at $0.001 par value	`ConvertiblePreferredStockValue1`	$1.00K	USD	Point-in-time
Common stock, 200,000,000 shares authorized, 41,623,366 shares issued and 41,625,331 shares outstanding, at December 31, 2022 and 2021, respectively, at $0.001 par value	`CommonStockValue`	$41.62K	USD	Point-in-time
Common stock, 200,000,000 shares authorized, 41,623,366 shares issued and 41,625,331 shares outstanding, at December 31, 2022 and 2021, respectively, at $0.001 par value	`CommonStockValue`	$41.62K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$38.82M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$38.71M	USD	Point-in-time
Accumulated (deficit)	`RetainedEarningsAccumulatedDeficit`	$-39.47M	USD	Point-in-time
Accumulated (deficit)	`RetainedEarningsAccumulatedDeficit`	$-33.93M	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY/(DEFICIT)	`StockholdersEquity`	$7.65M	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY/(DEFICIT)	`StockholdersEquity`	$4.83M	USD	Point-in-time
TOTAL SHAREHOLDERS EQUITY/(DEFICIT)	`StockholdersEquity`	$-606.28K	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$6.79M	USD	Point-in-time
TOTAL LIABILITIES AND SHAREHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$8.60M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.06M	USD	Annual
Revenues	`Revenues`	$2.91M	USD	Annual
Cost of goods sold	`CostOfRevenue`	$1.64M	USD	Annual
Cost of goods sold	`CostOfRevenue`	$2.12M	USD	Annual
Inventory write-down	`InventoryWritedown`	$802.49K	USD	Annual
Inventory write-down	`InventoryWritedown`	$1.99M	USD	Annual
Total cost of goods sold	`TotalCostOfGoodsSold`	$4.11M	USD	Annual
Total cost of goods sold	`TotalCostOfGoodsSold`	$2.45M	USD	Annual
Gross margin/(expense)	`GrossProfit`	$-1.38M	USD	Annual
Gross margin/(expense)	`GrossProfit`	$-1.20M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$4.08M	USD	Annual
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$6.13M	USD	Annual
Total operating expenses	`OperatingExpenses`	$6.13M	USD	Annual
Total operating expenses	`OperatingExpenses`	$4.08M	USD	Annual
Operating (loss)	`OperatingIncomeLoss`	$-7.33M	USD	Annual
Operating (loss)	`OperatingIncomeLoss`	$-5.46M	USD	Annual
Interest expense, related parties	`InterestExpenseRelatedParty`	$432.05K	USD	Annual
Interest expense, related parties	`InterestExpenseRelatedParty`	$65.65K	USD	Annual
Interest expense	`InterestExpenseOther`	$53.68K	USD	Annual
Interest expense	`InterestExpenseOther`	$86.64K	USD	Annual
Derivative (loss)	`DerivativeGainLossOnDerivativeNet`	$-3.50K	USD	Annual
Derivative (loss)	`DerivativeGainLossOnDerivativeNet`	-	USD	Annual
Gain on loan forgiveness	`UnrealizedGainLossOnDerivatives`	$812.98K	USD	Annual
Gain on loan forgiveness	`UnrealizedGainLossOnDerivatives`	$947.25K	USD	Annual
Gain/(loss) on disposal	`MarketableSecuritiesGainLoss`	$-6.67K	USD	Annual
Gain/(loss) on disposal	`MarketableSecuritiesGainLoss`	$-287.27K	USD	Annual
(Loss) on lease termination	`GainLossOnContractTermination`	$-244.84K	USD	Annual
(Loss) on lease termination	`GainLossOnContractTermination`	-	USD	Annual
Total other income/(expense)	`OtherNonoperatingIncomeExpense`	$259.34K	USD	Annual
Total other income/(expense)	`OtherNonoperatingIncomeExpense`	$320.58K	USD	Annual
(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.14M	USD	Annual
(Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-7.07M	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	Annual
Income tax provision	`IncomeTaxExpenseBenefit`	-	USD	Annual
Net (loss)	`NetIncomeLoss`	$-7.07M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-5.14M	USD	Annual
Preferred stock dividends in arrears	`PreferredStockAmountOfPreferredDividendsInArrears`	-	USD	Annual
Preferred stock dividends in arrears	`PreferredStockAmountOfPreferredDividendsInArrears`	-	USD	Annual
Series A preferred stock	`SeriesAPreferredStock`	$144.76K	USD	Annual
Series A preferred stock	`SeriesAPreferredStock`	$320.00K	USD	Annual
Series B preferred stock	`DividendsPreferredStockBStock`	$80.00K	USD	Annual
Series B preferred stock	`DividendsPreferredStockBStock`	$51.07K	USD	Annual
Total preferred stock dividends	`DividendsPreferredStock`	$195.83K	USD	Annual
Total preferred stock dividends	`DividendsPreferredStock`	$400.00K	USD	Annual
Net (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.26M	USD	Annual
Net (loss) attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.54M	USD	Annual
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	Annual
Basic (in Dollars per share)	`EarningsPerShareBasic`	$-0.17	USD	Annual
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.17	USD	Annual
Diluted (in Dollars per share)	`EarningsPerShareDiluted`	$-0.13	USD	Annual
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.38M	shares	Annual
Basic (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.63M	shares	Annual
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.38M	shares	Annual
Diluted (in Shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.63M	shares	Annual

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net (loss)	`NetIncomeLoss`	$-7.07M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-5.14M	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$459.07K	USD	Annual
Depreciation and amortization	`DepreciationAndAmortization`	$499.00K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$214.15K	USD	Annual
Stock-based compensation	`ShareBasedCompensation`	$112.35K	USD	Annual
Gain on loan forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$947.25K	USD	Annual
Gain on loan forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$812.98K	USD	Annual
Amortization of debt discount	`AmortizationOfFinancingCosts`	$57.44K	USD	Annual
Amortization of debt discount	`AmortizationOfFinancingCosts`	$160.48K	USD	Annual
Net change in property and equipment assets upon disposal	`GainLossOnSaleOfPropertyPlantEquipment`	$-217.44K	USD	Annual
Net change in property and equipment assets upon disposal	`GainLossOnSaleOfPropertyPlantEquipment`	$-29.03K	USD	Annual
Net change in operating lease assets and liabilities	`NetChangeInOperatingLeaseAssetsAndLiabilities`	-	USD	Annual
Net change in operating lease assets and liabilities	`NetChangeInOperatingLeaseAssetsAndLiabilities`	$39.66K	USD	Annual
Inventory write down	`InventoryWriteDown`	$1.99M	USD	Annual
Inventory write down	`InventoryWriteDown`	$802.49K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-166.86K	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-688.11K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-169.84K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-27.28K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-281.61K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-70.33K	USD	Annual
Employee retention credit receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	-	USD	Annual
Employee retention credit receivable	`IncreaseDecreaseInAccountsAndOtherReceivables`	$623.91K	USD	Annual
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-42.60K	USD	Annual
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-92.40K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-11.68K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$418.34K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedLiabilities`	$268.57K	USD	Annual
Accrued interest	`IncreaseDecreaseInAccruedLiabilities`	$34.05K	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$-270.24K	USD	Annual
Accrued expenses	`IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities`	$114.61K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-472.90K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-175.54K	USD	Annual
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.89M	USD	Annual
Net cash (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.76M	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$80.29K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$10.33K	USD	Annual
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$28.79K	USD	Annual
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$18.46K	USD	Annual
Net cash provided by/(used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-80.29K	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$52.99K	USD	Annual
Repayments of notes payable	`RepaymentsOfNotesPayable`	$96.18K	USD	Annual
Proceeds from convertible notes payable	`ProceedsFromConvertibleDebt`	$750.00K	USD	Annual
Proceeds from convertible notes payable	`ProceedsFromConvertibleDebt`	$3.50M	USD	Annual
Proceeds from Paycheck Protection Program loan	`ProceedsFromRelatedPartyDebt`	$803.99K	USD	Annual
Proceeds from Paycheck Protection Program loan	`ProceedsFromRelatedPartyDebt`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$86.89K	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from issuance of preferred stock, net of transaction fees	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	Annual
Proceeds from issuance of preferred stock, net of transaction fees	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$2.00M	USD	Point-in-time
Proceeds from issuance of preferred stock, net of transaction fees	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$3.67M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.21M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.45M	USD	Annual
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-426.49K	USD	Annual
Net increase/(decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$374.07K	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.69K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.27K	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.76K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$107.69K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$55.27K	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$481.76K	USD	Point-in-time
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Income taxes	`IncomeTaxesPaid`	-	USD	Annual
Interest	`InterestPaidNet`	$53.81K	USD	Annual
Interest	`InterestPaidNet`	$25.91K	USD	Annual
Right of use asset and lease liability recognized at issuance	`IssuanceOfPreferredStockInExchangeForNotesPayable`	-	USD	Annual
Right of use asset and lease liability recognized at issuance	`IssuanceOfPreferredStockInExchangeForNotesPayable`	$458.84K	USD	Annual
Issuance of preferred stock in exchange for common stock	`StockIssued1`	$971.93K	USD	Annual
Issuance of preferred stock in exchange for common stock	`StockIssued1`	-	USD	Annual
Issuance of preferred stock in exchange for notes payable	`NotesAssumed1`	$1.60M	USD	Annual
Issuance of preferred stock in exchange for notes payable	`NotesAssumed1`	-	USD	Annual

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$7.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$4.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$-606.28K	USD	Point-in-time
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$112.35K	USD	Annual
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$214.15K	USD	Annual
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$4.00M	USD	Point-in-time
Issuance of common stock for cash	`StockIssuedDuringPeriodValueNewIssues`	$86.89K	USD	Annual
Issuance of common stock for cash (in Shares)	`StockIssuedDuringPeriodSharesNewIssues`	8.00M	shares	Point-in-time
Issuance of Series A preferred stock	`AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt`	$2.76M	USD	Annual
Issuance of Series B preferred stock	`StockIssuedDuringPeriodValueConversionOfUnits`	$902.72K	USD	Annual
Beneficial conversion feature	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$475.00K	USD	Annual
Preferred stock dividends	`DividendsPreferredStockStock`	$195.83K	USD	Annual
Preferred stock dividends	`DividendsPreferredStockStock`	$400.00K	USD	Annual
Net (loss)	`NetIncomeLoss`	$-7.07M	USD	Annual
Net (loss)	`NetIncomeLoss`	$-5.14M	USD	Annual
Balance	`StockholdersEquity`	$7.65M	USD	Point-in-time
Balance	`StockholdersEquity`	$4.83M	USD	Point-in-time
Balance	`StockholdersEquity`	$-606.28K	USD	Point-in-time

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