10-Q Filing

New Horizon Aircraft Ltd. CIK: 1930021 Q3 2024

Filing Information

Form Type	10-Q
Accession Number	`0001213900-24-034689`
Period End Date	20240229
Filing Date	20240422
Fiscal Year	2024
Fiscal Period	Q3
XBRL Instance	ea0203888-10q_newhoriz_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 116 Income Statement 128 Cash Flow Statement 118 Stockholders Equity 78

Balance Sheet 116 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`Cash`	$228.00K	USD	Point-in-time
Cash and cash equivalents	`Cash`	$228.00K	USD	Point-in-time
Cash and cash equivalents	`Cash`	$4.42M	USD	Point-in-time
Cash and cash equivalents	`Cash`	$4.42M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.02M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$2.02M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.00K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$3.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$15.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$127.00K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$127.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$246.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$246.00K	USD	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Ordinary shares, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	-	USD	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	-	USD	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	$21.00K	USD	Point-in-time
Finance lease assets	`FinanceLeaseRightOfUseAsset`	$21.00K	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$88.00K	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$88.00K	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$121.00K	USD	Point-in-time
Operating lease assets	`OperatingLeaseRightOfUseAsset`	$121.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$52.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$169.00K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$169.00K	USD	Point-in-time
Total Assets	`Assets`	$440.00K	USD	Point-in-time
Total Assets	`Assets`	$440.00K	USD	Point-in-time
Total Assets	`Assets`	$6.82M	USD	Point-in-time
Total Assets	`Assets`	$6.82M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$172.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$172.00K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.45M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.45M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$48.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$48.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$804.00K	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$804.00K	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilities`	-	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilities`	-	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilities`	$3.00K	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiabilities`	$3.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilities`	$53.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilities`	$53.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilities`	$46.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilities`	$46.00K	USD	Point-in-time
Term loan	`ShortTermBorrowings`	-	USD	Point-in-time
Term loan	`ShortTermBorrowings`	-	USD	Point-in-time
Term loan	`ShortTermBorrowings`	$40.00K	USD	Point-in-time
Term loan	`ShortTermBorrowings`	$40.00K	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayableCurrent`	$37.00K	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayableCurrent`	$37.00K	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible debentures	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Convertible debentures	`ConvertibleDebtCurrent`	-	USD	Point-in-time
Convertible debentures	`ConvertibleDebtCurrent`	$1.14M	USD	Point-in-time
Convertible debentures	`ConvertibleDebtCurrent`	$1.14M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.30M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.49M	USD	Point-in-time
Forward Purchase Agreement	`DerivativeLiabilitiesNoncurrent`	$20.62M	USD	Point-in-time
Forward Purchase Agreement	`DerivativeLiabilitiesNoncurrent`	$20.62M	USD	Point-in-time
Forward Purchase Agreement	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Forward Purchase Agreement	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayable`	$263.00K	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayable`	$263.00K	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayable`	-	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayable`	-	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayable`	$50.00K	USD	Point-in-time
Promissory note payable	`ConvertibleNotesPayable`	$50.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$35.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$35.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$74.00K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$74.00K	USD	Point-in-time
Total Liabilities	`Liabilities`	$22.96M	USD	Point-in-time
Total Liabilities	`Liabilities`	$22.96M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.82M	USD	Point-in-time
Total Liabilities	`Liabilities`	$1.82M	USD	Point-in-time
Class A ordinary shares, no par value; 100,000,000 shares authorized; 17,995,436 issued and outstanding	`CommonStockValue`	$72.35M	USD	Point-in-time
Class A ordinary shares, no par value; 100,000,000 shares authorized; 17,995,436 issued and outstanding	`CommonStockValue`	$72.35M	USD	Point-in-time
Class A ordinary shares, no par value; 100,000,000 shares authorized; 17,995,436 issued and outstanding	`CommonStockValue`	$5.08M	USD	Point-in-time
Class A ordinary shares, no par value; 100,000,000 shares authorized; 17,995,436 issued and outstanding	`CommonStockValue`	$5.08M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-75.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$-75.51M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$55.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$55.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.52M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.98M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-12.98M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-999.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-999.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-958.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-958.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-336.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-336.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-16.14M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-16.14M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-705.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-705.00K	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-2.17M	USD	Point-in-time
Total Shareholders Equity (Deficit)	`StockholdersEquity`	$-2.17M	USD	Point-in-time
Total Liabilities and Shareholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$6.82M	USD	Point-in-time
Total Liabilities and Shareholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$6.82M	USD	Point-in-time
Total Liabilities and Shareholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$440.00K	USD	Point-in-time
Total Liabilities and Shareholders Equity (Deficit)	`LiabilitiesAndStockholdersEquity`	$440.00K	USD	Point-in-time

Income Statement 128 line items

Line Item	Tag	Value	Unit	Period
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.31M	shares	1 Quarter
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.31M	shares	1 Quarter
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.70M	shares	1 Quarter
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.70M	shares	1 Quarter
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.14M	shares	3 Qtrs
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.14M	shares	3 Qtrs
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.08M	shares	3 Qtrs
Diluted weighted average Common shares outstanding	`WeightedAverageNumberOfDilutedSharesOutstanding`	8.08M	shares	3 Qtrs
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.80	USD	3 Qtrs
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.80	USD	3 Qtrs
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.13	USD	3 Qtrs
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.13	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$635.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$635.00K	USD	3 Qtrs
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.45	USD	1 Quarter
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.45	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$497.00K	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$497.00K	USD	3 Qtrs
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Diluted net income (loss) per share, Common shares	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$270.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$270.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$138.00K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$138.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$989.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$989.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$155.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$155.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.83M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.83M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$534.00K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$534.00K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.03M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.03M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$293.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$293.00K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.26M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.26M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.46M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$2.46M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.03M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.03M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-1.26M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.26M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-293.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-293.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.46M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-2.46M	USD	3 Qtrs
Other income (expense)	`NonoperatingGainsLosses`	$-6.00K	USD	1 Quarter
Other income (expense)	`NonoperatingGainsLosses`	$-6.00K	USD	1 Quarter
Other income (expense)	`NonoperatingGainsLosses`	$45.00K	USD	1 Quarter
Other income (expense)	`NonoperatingGainsLosses`	$45.00K	USD	1 Quarter
Other income (expense)	`NonoperatingGainsLosses`	$271.00K	USD	3 Qtrs
Other income (expense)	`NonoperatingGainsLosses`	$271.00K	USD	3 Qtrs
Other income (expense)	`NonoperatingGainsLosses`	$222.00K	USD	3 Qtrs
Other income (expense)	`NonoperatingGainsLosses`	$222.00K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$43.00K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$43.00K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$15.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$15.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$195.00K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$195.00K	USD	3 Qtrs
Interest expense, net	`InterestExpense`	$21.00K	USD	1 Quarter
Interest expense, net	`InterestExpense`	$21.00K	USD	1 Quarter
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	$-4.03M	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	$-4.03M	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	-	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	-	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	-	USD	1 Quarter
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	-	USD	1 Quarter
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	$-4.03M	USD	1 Quarter
Change in fair value of Forward Purchase Agreement	`LiabilitiesFairValueAdjustment`	$-4.03M	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-4.00M	USD	3 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$-4.00M	USD	3 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$24.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$24.00K	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-4.05M	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$-4.05M	USD	1 Quarter
Total other expense (income)	`NonoperatingIncomeExpense`	$228.00K	USD	3 Qtrs
Total other expense (income)	`NonoperatingIncomeExpense`	$228.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.46M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.46M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.31M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-5.31M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-803.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-803.00K	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-269.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-269.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	-	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-416.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-416.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-269.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-269.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-150.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-150.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-803.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-803.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-385.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-385.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.46M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.46M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-740.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-740.00K	USD	1 Quarter
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.08M	shares	3 Qtrs
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	8.08M	shares	3 Qtrs
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.14M	shares	3 Qtrs
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.14M	shares	3 Qtrs
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.70M	shares	1 Quarter
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.70M	shares	1 Quarter
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.31M	shares	1 Quarter
Basic weighted average Common shares outstanding (in Shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	6.31M	shares	1 Quarter
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	3 Qtrs
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.13	USD	3 Qtrs
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.80	USD	3 Qtrs
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.80	USD	3 Qtrs
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.45	USD	1 Quarter
Basic net income (loss) per share, Common shares (in Dollars per share)	`EarningsPerShareBasic`	$-0.45	USD	1 Quarter

Cash Flow Statement 118 line items

Line Item	Tag	Value	Unit	Period
Net Loss	`NetIncomeLoss`	$-416.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-416.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-269.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-269.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-5.31M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-5.31M	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-150.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-150.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-803.00K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-803.00K	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-385.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-385.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.46M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-6.46M	USD	3 Qtrs
Net Loss	`NetIncomeLoss`	$-740.00K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-740.00K	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$32.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$32.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.00K	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$41.00K	USD	3 Qtrs
Non-cash interest	`NoncashInterest`	$195.00K	USD	3 Qtrs
Non-cash interest	`NoncashInterest`	$195.00K	USD	3 Qtrs
Non-cash lease expense	`OtherNoncashExpense`	$33.00K	USD	3 Qtrs
Non-cash lease expense	`OtherNoncashExpense`	$33.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$56.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$56.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$39.00K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$39.00K	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`ChangeInFairValueOfForwardPurchaseAgreement`	$4.03M	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`ChangeInFairValueOfForwardPurchaseAgreement`	$4.03M	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`ChangeInFairValueOfForwardPurchaseAgreement`	-	USD	3 Qtrs
Change in fair value of Forward Purchase Agreement	`ChangeInFairValueOfForwardPurchaseAgreement`	-	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$176.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$176.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.00K	USD	3 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$1.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$40.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$40.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$112.00K	USD	3 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$112.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$917.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$917.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-19.00K	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-19.00K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	-	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$756.00K	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$756.00K	USD	3 Qtrs
Operating leases	`IncreaseDecreaseInOperatingLeaseLiability`	$-14.00K	USD	3 Qtrs
Operating leases	`IncreaseDecreaseInOperatingLeaseLiability`	$-14.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-760.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-760.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-773.00K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-773.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$158.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.00K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$17.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-158.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-17.00K	USD	3 Qtrs
Finance lease payments	`FinanceLeasePayments`	$18.00K	USD	3 Qtrs
Finance lease payments	`FinanceLeasePayments`	$18.00K	USD	3 Qtrs
Finance lease payments	`FinanceLeasePayments`	$-14.00K	USD	3 Qtrs
Finance lease payments	`FinanceLeasePayments`	$-14.00K	USD	3 Qtrs
Proceeds from issuance of Convertible debentures	`ProceedsFromConvertibleDebt`	$935.00K	USD	3 Qtrs
Proceeds from issuance of Convertible debentures	`ProceedsFromConvertibleDebt`	$935.00K	USD	3 Qtrs
Proceeds from issuance of Convertible debentures	`ProceedsFromConvertibleDebt`	$6.70M	USD	3 Qtrs
Proceeds from issuance of Convertible debentures	`ProceedsFromConvertibleDebt`	$6.70M	USD	3 Qtrs
Outflow from Business Combination	`RepaymentsOfNotesPayable`	$1.57M	USD	3 Qtrs
Outflow from Business Combination	`RepaymentsOfNotesPayable`	$1.57M	USD	3 Qtrs
Outflow from Business Combination	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Outflow from Business Combination	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Repayment of Shareholder loans	`RepaymentsOfOtherShortTermDebt`	-	USD	3 Qtrs
Repayment of Shareholder loans	`RepaymentsOfOtherShortTermDebt`	-	USD	3 Qtrs
Repayment of Shareholder loans	`RepaymentsOfOtherShortTermDebt`	$5.00K	USD	3 Qtrs
Repayment of Shareholder loans	`RepaymentsOfOtherShortTermDebt`	$5.00K	USD	3 Qtrs
Repayment of Term loan	`RepaymentsOfBankDebt`	$40.00K	USD	3 Qtrs
Repayment of Term loan	`RepaymentsOfBankDebt`	$40.00K	USD	3 Qtrs
Repayment of Term loan	`RepaymentsOfBankDebt`	-	USD	3 Qtrs
Repayment of Term loan	`RepaymentsOfBankDebt`	-	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$916.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$916.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.11M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.11M	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.19M	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.19M	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$126.00K	USD	3 Qtrs
Net Change in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$126.00K	USD	3 Qtrs
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.00K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.00K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.00K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.00K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.42M	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.42M	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00K	USD	Point-in-time
Cash - Beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.00K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$228.00K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.00K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$130.00K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.42M	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.42M	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00K	USD	Point-in-time
Cash - End of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.00K	USD	Point-in-time
Conversion of Convertible debentures	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Conversion of Convertible debentures	`ConversionOfStockAmountConverted1`	-	USD	3 Qtrs
Conversion of Convertible debentures	`ConversionOfStockAmountConverted1`	$1.50M	USD	3 Qtrs
Conversion of Convertible debentures	`ConversionOfStockAmountConverted1`	$1.50M	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs
Settlement of Shareholder Advances	`StockIssued1`	-	USD	3 Qtrs
Settlement of Shareholder Advances	`StockIssued1`	-	USD	3 Qtrs
Settlement of Shareholder Advances	`StockIssued1`	$1.98M	USD	3 Qtrs
Settlement of Shareholder Advances	`StockIssued1`	$1.98M	USD	3 Qtrs

Stockholders Equity 78 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$-999.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-999.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-958.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-958.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-336.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-336.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-16.14M	USD	Point-in-time
Balance	`StockholdersEquity`	$-16.14M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$-705.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-705.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.17M	USD	Point-in-time
Settlement of Shareholder Advances	`StockIssuedDuringPeriodValueSettlementOfShareholderAdvances`	$1.98M	USD	1 Quarter
Settlement of Shareholder Advances	`StockIssuedDuringPeriodValueSettlementOfShareholderAdvances`	$1.98M	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$7.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$16.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$33.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$33.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$10.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.00K	USD	1 Quarter
Stock-based Compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$13.00K	USD	1 Quarter
Conversion of Convertible Debentures	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.50M	USD	1 Quarter
Conversion of Convertible Debentures	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$1.50M	USD	1 Quarter
Conversion of Convertible Notes Payable	`StockIssuedDuringPeriodValueConversionOfUnits`	$6.84M	USD	1 Quarter
Conversion of Convertible Notes Payable	`StockIssuedDuringPeriodValueConversionOfUnits`	$6.84M	USD	1 Quarter
Issuance of Service Shares	`StockIssuedDuringPeriodValueIssuedForServices`	$1.56M	USD	1 Quarter
Issuance of Service Shares	`StockIssuedDuringPeriodValueIssuedForServices`	$1.56M	USD	1 Quarter
Legacy Horizon Share Exchange	`StockIssuedDuringPeriodValueLegacyHorizonShareExchange`	-	USD	1 Quarter
Legacy Horizon Share Exchange	`StockIssuedDuringPeriodValueLegacyHorizonShareExchange`	-	USD	1 Quarter
New Horizon Shares on Effective Date	`StockIssuedDuringPeriodValueNewIssues`	$-20.09M	USD	1 Quarter
New Horizon Shares on Effective Date	`StockIssuedDuringPeriodValueNewIssues`	$-20.09M	USD	1 Quarter
Incentive Shares	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	-	USD	1 Quarter
Incentive Shares	`StockIssuedDuringPeriodValueEmployeeBenefitPlan`	-	USD	1 Quarter
Capital Markets Advisory Shares	`StockIssuedDuringPeriodValueCapitalMarketsAdvisoryShares`	$1.84M	USD	1 Quarter
Capital Markets Advisory Shares	`StockIssuedDuringPeriodValueCapitalMarketsAdvisoryShares`	$1.84M	USD	1 Quarter
Underwriter Shares Issued	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Underwriter Shares Issued	`StockIssuedDuringPeriodValueOther`	-	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-416.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-416.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-269.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-269.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-5.31M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-150.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-150.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-803.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-803.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-385.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-385.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-6.46M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-6.46M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-740.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-740.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$-999.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-999.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.79M	USD	Point-in-time
Balance	`StockholdersEquity`	$-958.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-958.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-336.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-336.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-16.14M	USD	Point-in-time
Balance	`StockholdersEquity`	$-16.14M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$-1.39M	USD	Point-in-time
Balance	`StockholdersEquity`	$-705.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-705.00K	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$-2.17M	USD	Point-in-time

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