10-Q Filing

CPI AEROSTRUCTURES INC CIK: 889348 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001387131-20-012222`
Period End Date	20200930
Filing Date	20201231
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	cvu-10q_093020_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 78 Income Statement 56 Cash Flow Statement 76 Stockholders Equity 38

Balance Sheet 78 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`	$239.55K	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
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	$3.59M	USD	Point-in-time
Common stock, authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Cash	`Cash`	$4.05M	USD	Point-in-time
Common stock, issued	`CommonStockSharesIssued`	11.82M	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`	11.93M	shares	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $239,547 as of September 30, 2020 and $230,855 as of December 31, 2019	`AccountsReceivableNetCurrent`	$7.31M	USD	Point-in-time
Common stock, outstanding	`CommonStockSharesOutstanding`	11.82M	shares	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $239,547 as of September 30, 2020 and $230,855 as of December 31, 2019	`AccountsReceivableNetCurrent`	$7.03M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$15.28M	USD	Point-in-time
Contract assets	`ContractWithCustomerAssetNetCurrent`	$18.41M	USD	Point-in-time
Inventory	`InventoryNet`	$8.74M	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`	$35.46K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$721.96K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$600.89K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$40.07M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.73M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$3.89M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$3.28M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.62M	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$281.25K	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`	$179.07K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$205.84K	USD	Point-in-time
Total assets	`Assets`	$47.69M	USD	Point-in-time
Total assets	`Assets`	$44.34M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$8.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$13.01M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.33M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.37M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$2.47M	USD	Point-in-time
Contract liabilities	`ContractWithCustomerLiabilityCurrent`	$3.56M	USD	Point-in-time
Loss contract reserve	`LossContingencyAccrualCarryingValueCurrent`	$2.65M	USD	Point-in-time
Loss contract reserve	`LossContingencyAccrualCarryingValueCurrent`	$1.57M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$2.48M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$5.38M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.82M	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`	$20.98M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$27.58M	USD	Point-in-time
Line of credit	`LineOfCredit`	$20.74M	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`	$1.21M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$1.76M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$7.81M	USD	Point-in-time
Total liabilities	`Liabilities`	$52.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$57.34M	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 11,926,177 and 11,818,830 shares, respectively, issued and outstanding	`CommonStockValue`	$11.82K	USD	Point-in-time
Common stock - $.001 par value; authorized 50,000,000 shares, 11,926,177 and 11,818,830 shares, respectively, issued and outstanding	`CommonStockValue`	$11.93K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$71.97M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$71.29M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-79.05M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-81.64M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-9.66M	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`	$-5.30M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-6.43M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-10.61M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-3.93M	USD	Point-in-time
Total Shareholders Deficit	`StockholdersEquity`	$-10.21M	USD	Point-in-time
Total Liabilities and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$44.34M	USD	Point-in-time
Total Liabilities and Shareholders Deficit	`LiabilitiesAndStockholdersEquity`	$47.69M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$25.58M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$62.18M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$22.69M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$64.78M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$21.39M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$58.12M	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$20.76M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$54.72M	USD	3 Qtrs
Gross profit	`GrossProfit`	$6.66M	USD	3 Qtrs
Gross profit	`GrossProfit`	$4.18M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.93M	USD	1 Quarter
Gross profit	`GrossProfit`	$7.46M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.81M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.26M	USD	3 Qtrs
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$3.05M	USD	1 Quarter
Selling, general and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$8.96M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-1.60M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-1.50M	USD	3 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$1.13M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$-874.38K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.46M	USD	3 Qtrs
Interest expense	`InterestExpense`	$378.19K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.09M	USD	3 Qtrs
Interest expense	`InterestExpense`	$309.01K	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.07M	USD	3 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.25M	USD	1 Quarter
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-2.58M	USD	3 Qtrs
Income (loss) before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$822.82K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.78K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$2.47K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.71K	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$7.61K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-881.17K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-596.83K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-2.59M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-2.81M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.07M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-934.72K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.26M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$815.21K	USD	1 Quarter
Income (loss) per common share basic	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Income (loss) per common share basic	`EarningsPerShareBasic`	$-0.26	USD	3 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	$-0.22	USD	3 Qtrs
Income (loss) per common share basic	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Income (loss) per common share diluted	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter
Income (loss) per common share diluted	`EarningsPerShareDiluted`	$-0.26	USD	3 Qtrs
Income (loss) per common share diluted	`EarningsPerShareDiluted`	$-0.22	USD	3 Qtrs
Income (loss) per common share diluted	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.86M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.80M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.89M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	11.84M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.84M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.86M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.89M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.80M	shares	3 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-881.17K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-596.83K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.59M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-2.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.07M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-934.72K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.26M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$815.21K	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$729.32K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$769.69K	USD	3 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$80.76K	USD	3 Qtrs
Amortization of debt issuance cost	`AmortizationOfFinancingCosts`	$67.48K	USD	3 Qtrs
Cash expended in excess of rent expense	`OtherNoncashIncome`	$84.04K	USD	3 Qtrs
Cash expended in excess of rent expense	`OtherNoncashIncome`	$115.93K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$677.49K	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$661.23K	USD	3 Qtrs
Common stock issued as employee compensation	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$32.32K	USD	3 Qtrs
Common stock issued as employee compensation	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Bad debt expense (recovery)	`ProvisionForLoanAndLeaseLosses`	$99.24K	USD	3 Qtrs
Bad debt expense (recovery)	`ProvisionForLoanAndLeaseLosses`	$-47.41K	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.66M	USD	3 Qtrs
Increase in accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$232.31K	USD	3 Qtrs
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$-3.10M	USD	3 Qtrs
(Increase) decrease in contract assets	`IncreaseDecreaseInContractWithCustomerAsset`	$3.13M	USD	3 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$764.90K	USD	3 Qtrs
Increase in inventory	`IncreaseDecreaseInInventories`	$2.85M	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-121.08K	USD	3 Qtrs
Decrease in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-797.62K	USD	3 Qtrs
(Increase) decrease in refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$188.63K	USD	3 Qtrs
(Increase) decrease in refundable income taxes	`IncreaseDecreaseInIncomeTaxesReceivable`	$-439.44K	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.77M	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.07M	USD	3 Qtrs
Decrease in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.09M	USD	3 Qtrs
Decrease in contract liabilities	`IncreaseDecreaseInContractWithCustomerLiability`	$-4.07M	USD	3 Qtrs
Decrease in loss contract reserve	`IncreaseDecreaseInOtherCurrentLiabilities`	$-768.51K	USD	3 Qtrs
Decrease in loss contract reserve	`IncreaseDecreaseInOtherCurrentLiabilities`	$-1.08M	USD	3 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$5.78K	USD	3 Qtrs
Decrease in income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.04M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-3.28M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$334.91K	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$11.89K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-11.89K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-334.91K	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfDebt`	$1.84M	USD	3 Qtrs
Payments on long-term debt	`RepaymentsOfDebt`	$1.86M	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	-	USD	3 Qtrs
Proceeds from line of credit	`ProceedsFromLongTermLinesOfCredit`	$3.00M	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLongTermLinesOfCredit`	$300.00K	USD	3 Qtrs
Payments on line of credit	`RepaymentsOfLongTermLinesOfCredit`	-	USD	3 Qtrs
Proceeds from PPP loan	`ProceedsFromIssuanceOfOtherLongTermDebt`	-	USD	3 Qtrs
Proceeds from PPP loan	`ProceedsFromIssuanceOfOtherLongTermDebt`	$4.79M	USD	3 Qtrs
Stock offering costs paid	`PaymentsOfStockIssuanceCosts`	$119.57K	USD	3 Qtrs
Stock offering costs paid	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Debt issue costs paid	`PaymentsOfDebtIssuanceCosts`	$25.00K	USD	3 Qtrs
Debt issue costs paid	`PaymentsOfDebtIssuanceCosts`	$107.54K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$715.22K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.83M	USD	3 Qtrs
Net decrease in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.66M	USD	3 Qtrs
Net decrease in cash and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-463.01K	USD	3 Qtrs
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.97M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.43M	USD	Point-in-time
Cash and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.13M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.97M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.47M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.43M	USD	Point-in-time
Cash and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.13M	USD	Point-in-time
Interest	`InterestPaidNet`	$1.41M	USD	3 Qtrs
Interest	`InterestPaidNet`	$1.16M	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$-449.75K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$103.93K	USD	3 Qtrs
Refinance revolving loan	`RevolvingLoanRefinanced`	-	USD	3 Qtrs
Refinance revolving loan	`RevolvingLoanRefinanced`	$6.00M	USD	3 Qtrs
Equipment acquired under financing lease	`CapitalLeaseObligationsIncurred`	-	USD	3 Qtrs
Equipment acquired under financing lease	`CapitalLeaseObligationsIncurred`	$399.80K	USD	3 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$-9.66M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-7.74M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-4.60M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-5.30M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-6.43M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-10.61M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-3.93M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$-10.21M	USD	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	11.82M	shares	Point-in-time
Net income	`NetIncomeLoss`	$-881.17K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-596.83K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-2.59M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-2.81M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-3.07M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$-934.72K	USD	1 Quarter
Net income	`NetIncomeLoss`	$-1.26M	USD	1 Quarter
Net income	`NetIncomeLoss`	$815.21K	USD	1 Quarter
Costs related to stock offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$64.37K	USD	1 Quarter
Costs related to stock offering	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$55.20K	USD	1 Quarter
Common stock issued upon exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	1 Quarter
Common stock issued as employee compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$32.32K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$141.10K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$347.19K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$189.20K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$209.57K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$330.79K	USD	1 Quarter
Stock-based compensation expense	`StockIssuedDuringPeriodValueShareBasedCompensation`	$120.88K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$-9.66M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-7.74M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-4.60M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-5.30M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-6.43M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-10.61M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-3.93M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$-10.21M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	11.93M	shares	Point-in-time
Ending balance (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.