10-Q Filing

CPI AEROSTRUCTURES INC CIK: 889348 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001387131-20-010030`
Period End Date	20200630
Filing Date	20201116
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	cvu-10q_063020_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 76 Income Statement 54 Cash Flow Statement 72 Stockholders Equity 30

Balance Sheet 76 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$230.85K	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$213.60K	USD	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
Cash	`Cash`	$4.05M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	$6.75M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	11.86M	shares	Point-in-time
Restricted cash	`RestrictedCash`	$1.38M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$1.38M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	11.82M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	11.86M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	11.82M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $213,605 as of June 30, 2020 and $230,855 as of December 31, 2019	`AccountsReceivableNetCurrent`	$7.03M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $213,605 as of June 30, 2020 and $230,855 as of December 31, 2019	`AccountsReceivableNetCurrent`	$6.96M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$15.28M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$15.57M	USD	Point-in-time
Inventory	`InventoryNet`	$7.66M	USD	Point-in-time
Inventory	`InventoryNet`	$5.89M	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$474.90K	USD	Point-in-time
Refundable income taxes	`IncomeTaxesReceivable`	$36.97K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$864.78K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$721.96K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$39.22M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.83M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.89M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.12M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.84M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$312.50K	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$375.00K	USD	Point-in-time
Goodwill	`Goodwill`	$1.78M	USD	Point-in-time
Goodwill	`Goodwill`	$1.78M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$123.01K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$179.07K	USD	Point-in-time
Total assets	`Assets`	$44.34M	USD	Point-in-time
Total assets	`Assets`	$47.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$9.08M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.83M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.37M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.56M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$5.00M	USD	Point-in-time
Loss contract reserve	`LossContingencyAccrualCarryingValueCurrent`	$2.10M	USD	Point-in-time
Loss contract reserve	`LossContingencyAccrualCarryingValueCurrent`	$2.65M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.48M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.73M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.78M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.71M	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.22K	USD	Point-in-time
Income tax payable	`AccruedIncomeTaxesCurrent`	$1.22K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$26.51M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$20.98M	USD	Point-in-time
Line of credit	`LineOfCredit`	$26.74M	USD	Point-in-time
Line of credit	`LineOfCredit`	$26.74M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.60M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$1.68M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$3.08M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$1.76M	USD	Point-in-time
Total liabilities	`Liabilities`	$58.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$52.08M	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 11,855,606 and 11,818,830 shares, respectively, issued and outstanding	`CommonStockValue`	$11.86K	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 11,855,606 and 11,818,830 shares, respectively, issued and outstanding	`CommonStockValue`	$11.82K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$71.29M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$71.83M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-82.46M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-79.05M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-7.74M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-4.60M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-3.93M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-10.61M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-5.30M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-10.21M	USD	Point-in-time
Total Liabilities and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$47.40M	USD	Point-in-time
Total Liabilities and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$44.34M	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$20.10M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$42.09M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.60M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$19.74M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$33.32M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$37.36M	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$17.16M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$17.86M	USD	1 Quarter
Gross profit	`GrossProfit`	$4.73M	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.24M	USD	1 Quarter
Gross profit	`GrossProfit`	$2.58M	USD	1 Quarter
Gross profit	`GrossProfit`	$3.28M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.91M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.55M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$5.45M	USD	2 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.82M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-726.39K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-235.18K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-304.12K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-2.63M	USD	2 Qtrs
Interest expense	`InterestExpense`	$776.80K	USD	2 Qtrs
Interest expense	`InterestExpense`	$575.41K	USD	1 Quarter
Interest expense	`InterestExpense`	$360.13K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.09M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.81M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-595.31K	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.41M	USD	2 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-879.53K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.52K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$1.64K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.31K	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.10K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-881.17K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-934.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-596.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.82M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.41M	USD	2 Qtrs
Loss per common share basic	`EarningsPerShareBasic`	$-0.15	USD	2 Qtrs
Loss per common share basic	`EarningsPerShareBasic`	$-0.05	USD	1 Quarter
Loss per common share basic	`EarningsPerShareBasic`	$-0.29	USD	2 Qtrs
Loss per common share basic	`EarningsPerShareBasic`	$-0.07	USD	1 Quarter
Loss per common share diluted	`EarningsPerShareDiluted`	$-0.05	USD	1 Quarter
Loss per common share diluted	`EarningsPerShareDiluted`	$-0.15	USD	2 Qtrs
Loss per common share diluted	`EarningsPerShareDiluted`	$-0.29	USD	2 Qtrs
Loss per common share diluted	`EarningsPerShareDiluted`	$-0.07	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.85M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.82M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.78M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.86M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.78M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.82M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.85M	shares	2 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-881.17K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-934.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-596.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.82M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.41M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$483.98K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$512.57K	USD	2 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$56.05K	USD	2 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$61.25K	USD	2 Qtrs
Cash expended in excess of rent expense	`OtherNoncashIncome`	$77.29K	USD	2 Qtrs
Cash expended in excess of rent expense	`OtherNoncashIncome`	$56.02K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$540.35K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$536.39K	USD	2 Qtrs
Common stock issued as employee compensation	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$32.32K	USD	2 Qtrs
Common stock issued as employee compensation	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Bad debt expense	`ProvisionForLoanAndLeaseLosses`	$-73.35K	USD	2 Qtrs
Bad debt expense	`ProvisionForLoanAndLeaseLosses`	$-62.31K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-144.54K	USD	2 Qtrs
Decrease in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-223.41K	USD	2 Qtrs
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$285.88K	USD	2 Qtrs
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-1.43M	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$2.41M	USD	2 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$1.77M	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-628.47K	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$142.82K	USD	2 Qtrs
(Increase) decrease in refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$226.31K	USD	2 Qtrs
(Increase) decrease in refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-437.93K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.01M	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.33M	USD	2 Qtrs
Increase (decrease) in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$1.43M	USD	2 Qtrs
Increase (decrease) in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.40M	USD	2 Qtrs
Decrease in loss contract reserve	`IncreaseDecreaseInOtherCurrentLiabilities`	$-831.47K	USD	2 Qtrs
Decrease in loss contract reserve	`IncreaseDecreaseInOtherCurrentLiabilities`	$-549.84K	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Increase in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$3.31K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-852.18K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.39M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$8.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$314.46K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-8.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-314.46K	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfDebt`	$1.24M	USD	2 Qtrs
Payments on long-term debt	`RepaymentsOfDebt`	$1.22M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$2.00M	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$300.00K	USD	2 Qtrs
Payments on line of credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	2 Qtrs
Proceeds from PPP loan	`ProceedsFromIssuanceOfOtherLongTermDebt`	$4.79M	USD	2 Qtrs
Proceeds from PPP loan	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	2 Qtrs
Stock offering costs paid	`PaymentsOfStockIssuanceCosts`	$119.57K	USD	2 Qtrs
Stock offering costs paid	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Debt issue costs paid	`PaymentsOfDebtIssuanceCosts`	$25.00K	USD	2 Qtrs
Debt issue costs paid	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.56M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$333.34K	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.38M	USD	2 Qtrs
Net increase (decrease) in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.70M	USD	2 Qtrs
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.13M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.13M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.75M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.43M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.13M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.13M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.75M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.43M	USD	Point-in-time
Interest	`InterestPaidNet`	$845.96K	USD	2 Qtrs
Interest	`InterestPaidNet`	$1.33M	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$141.70K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-449.75K	USD	2 Qtrs
Equipment acquired under financing lease	`CapitalLeaseObligationsIncurred`	-	USD	2 Qtrs
Equipment acquired under financing lease	`CapitalLeaseObligationsIncurred`	$399.80K	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-7.74M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-4.60M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-3.93M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-10.61M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-5.30M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-10.21M	USD	Point-in-time
Balance at ending (in shares)	`CommonStockSharesOutstanding`	11.86M	shares	Point-in-time
Balance at ending (in shares)	`CommonStockSharesOutstanding`	11.82M	shares	Point-in-time
Net loss	`NetIncomeLoss`	$-881.17K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-934.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-596.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.82M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-3.41M	USD	2 Qtrs
Costs related to stock offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$55.20K	USD	1 Quarter
Costs related to stock offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$64.37K	USD	1 Quarter
Common stock issued upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$330.79K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$209.57K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$189.20K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$347.19K	USD	1 Quarter
Common stock issued as employee compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$32.32K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-7.74M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-4.60M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-3.93M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-10.61M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-5.30M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-10.21M	USD	Point-in-time
Balance at ending (in shares)	`CommonStockSharesOutstanding`	11.86M	shares	Point-in-time
Balance at ending (in shares)	`CommonStockSharesOutstanding`	11.82M	shares	Point-in-time

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