10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001437749-23-014638 |
| Period End Date | 20230331 |
| Filing Date | 20230515 |
| Fiscal Year | 2023 |
| Fiscal Period | Q1 |
| XBRL Instance | blkbx20230331_10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$68.59K | USD | Point-in-time |
| Accounts receivable, allowance for doubtful accounts |
AllowanceForDoubtfulAccountsReceivableCurrent
|
$68.59K | USD | Point-in-time |
| Right of use lease, amortization |
LeaseRightOfUseAssetAccumulatedAmortization
|
$231.35K | USD | Point-in-time |
| Right of use lease, amortization |
LeaseRightOfUseAssetAccumulatedAmortization
|
$213.46K | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash |
Cash
|
$249.82K | USD | Point-in-time |
| Cash |
Cash
|
$425.58K | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $68,589 at March 31, 2023 and December 31, 2022, respectively |
AccountsReceivableNetCurrent
|
$59.61K | USD | Point-in-time |
| Accounts receivable, net of allowance for doubtful accounts of $68,589 at March 31, 2023 and December 31, 2022, respectively |
AccountsReceivableNetCurrent
|
$219.71K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$15.46K | USD | Point-in-time |
| Inventory |
InventoryNet
|
$15.46K | 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 |
| Marketable securities |
MarketableSecuritiesCurrent
|
$3.22M | USD | Point-in-time |
| Marketable securities |
MarketableSecuritiesCurrent
|
$2.18M | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpensesAndOtherCurrentAssets
|
$128.46K | USD | Point-in-time |
| Prepaid expenses and other current assets |
PrepaidExpensesAndOtherCurrentAssets
|
$190.12K | USD | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common stock, shares authorized (in shares) |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Common Stock, Shares, Issued (in shares) |
CommonStockSharesIssued
|
3.30M | shares | Point-in-time |
| Total current assets |
AssetsCurrent
|
$3.91M | USD | Point-in-time |
| Total current assets |
AssetsCurrent
|
$2.79M | USD | Point-in-time |
| Common Stock, Shares, Issued (in shares) |
CommonStockSharesIssued
|
3.13M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
3.13M | shares | Point-in-time |
| Common stock, shares outstanding (in shares) |
CommonStockSharesOutstanding
|
3.30M | shares | Point-in-time |
| Right of use lease, net of amortization of $231,346 and $213,459 at March 31, 2023 and December 31, 2022, respectively |
LeaseRightofuseAsset
|
$335.64K | USD | Point-in-time |
| Right of use lease, net of amortization of $231,346 and $213,459 at March 31, 2023 and December 31, 2022, respectively |
LeaseRightofuseAsset
|
$317.75K | USD | Point-in-time |
| Total property and equipment |
PropertyPlantAndEquipmentRightOfUseLeaseAssetsAndFinitedLivedIntangibleAssets
|
$428.73K | USD | Point-in-time |
| Total property and equipment |
PropertyPlantAndEquipmentRightOfUseLeaseAssetsAndFinitedLivedIntangibleAssets
|
$400.32K | USD | Point-in-time |
| Total assets |
Assets
|
$4.34M | USD | Point-in-time |
| Total assets |
Assets
|
$3.19M | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$974.84K | USD | Point-in-time |
| Accounts payable |
AccountsPayableCurrent
|
$730.10K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$1.61K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrent
|
$1.61K | USD | Point-in-time |
| Unearned subscriptions |
DeferredRevenueCurrent
|
$872.65K | USD | Point-in-time |
| Unearned subscriptions |
DeferredRevenueCurrent
|
$1.02M | USD | Point-in-time |
| Lease liability right of use, current |
OperatingLeaseLiabilityCurrent
|
$70.00K | USD | Point-in-time |
| Lease liability right of use, current |
OperatingLeaseLiabilityCurrent
|
$68.68K | USD | Point-in-time |
| Note payable, current portion (Note 8) |
NonconvertibleNotesPayableCurrent
|
$28.73K | USD | Point-in-time |
| Note payable, current portion (Note 8) |
NonconvertibleNotesPayableCurrent
|
$28.80K | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.95M | USD | Point-in-time |
| Total current liabilities |
LiabilitiesCurrent
|
$1.85M | USD | Point-in-time |
| Lease liability right of use, long term |
OperatingLeaseLiabilityNoncurrent
|
$265.64K | USD | Point-in-time |
| Lease liability right of use, long term |
OperatingLeaseLiabilityNoncurrent
|
$249.07K | USD | Point-in-time |
| Total long term liabilities |
LiabilitiesNoncurrent
|
$305.25K | USD | Point-in-time |
| Total long term liabilities |
LiabilitiesNoncurrent
|
$281.46K | USD | Point-in-time |
| Common stock, $0.001 par value, 100,000,000 shares authorized: 3,125,987 and 3,297,927 issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$3.13K | USD | Point-in-time |
| Common stock, $0.001 par value, 100,000,000 shares authorized: 3,125,987 and 3,297,927 issued and outstanding at March 31, 2023 and December 31, 2022, respectively |
CommonStockValue
|
$3.30K | USD | Point-in-time |
| Common stock payable |
CommonStockPayable
|
$42.72K | USD | Point-in-time |
| Common stock payable |
CommonStockPayable
|
$23.34K | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
- | USD | Point-in-time |
| Treasury stock |
TreasuryStockValue
|
$1.10M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$17.64M | USD | Point-in-time |
| Additional paid in capital |
AdditionalPaidInCapital
|
$18.07M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-14.82M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-16.72M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$2.18M | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$966.31K | USD | Point-in-time |
| Total stockholders' equity |
StockholdersEquity
|
$5.84M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$3.19M | USD | Point-in-time |
| Total liabilities and stockholders' equity |
LiabilitiesAndStockholdersEquity
|
$4.34M | USD | Point-in-time |
Income Statement
38 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Revenues |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$859.00K | USD | 1 Quarter |
| Revenues |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$1.27M | USD | 1 Quarter |
| Cost of revenues |
CostOfRevenue
|
$447.63K | USD | 1 Quarter |
| Cost of revenues |
CostOfRevenue
|
$579.96K | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$692.52K | USD | 1 Quarter |
| Gross margin |
GrossProfit
|
$411.37K | USD | 1 Quarter |
| Software development costs |
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
$355.04K | USD | 1 Quarter |
| Software development costs |
ResearchAndDevelopmentExpenseSoftwareExcludingAcquiredInProcessCost
|
$184.88K | USD | 1 Quarter |
| Selling, general and administrative |
GeneralAndAdministrativeExpense
|
$1.78M | USD | 1 Quarter |
| Selling, general and administrative |
GeneralAndAdministrativeExpense
|
$1.22M | USD | 1 Quarter |
| Advertising and marketing |
MarketingAndAdvertisingExpense
|
$214.98K | USD | 1 Quarter |
| Advertising and marketing |
MarketingAndAdvertisingExpense
|
$298.80K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$10.52K | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.28K | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$2.36M | USD | 1 Quarter |
| Total operating expenses |
OperatingExpenses
|
$1.71M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-4.55M | USD | Annual |
| Operating loss |
OperatingIncomeLoss
|
$-1.02M | USD | 1 Quarter |
| Operating loss |
OperatingIncomeLoss
|
$-1.95M | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebtExcludingAmortization
|
$165.00 | USD | 1 Quarter |
| Interest expense |
InterestExpenseDebtExcludingAmortization
|
$29.24K | USD | 1 Quarter |
| Amortization of debt discount and issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
- | USD | 1 Quarter |
| Amortization of debt discount and issuance costs |
AmortizationOfFinancingCostsAndDiscounts
|
$13.31K | USD | 1 Quarter |
| Investment (income) loss |
NetInvestmentIncome
|
$46.60K | USD | 1 Quarter |
| Investment (income) loss |
NetInvestmentIncome
|
$-178.73K | USD | 1 Quarter |
| Total other (income) expense |
NonoperatingIncomeExpense
|
$-221.29K | USD | 1 Quarter |
| Total other (income) expense |
NonoperatingIncomeExpense
|
$46.44K | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.24M | USD | 1 Quarter |
| Loss before income taxes |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
$-1.90M | USD | 1 Quarter |
| Income Taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Income Taxes |
IncomeTaxExpenseBenefit
|
- | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-5.02M | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-1.24M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.90M | USD | 1 Quarter |
| Weighted average number of common shares outstanding basic and diluted (in shares) |
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
3.30M | shares | 1 Quarter |
| Weighted average number of common shares outstanding basic and diluted (in shares) |
WeightedAverageNumberOfCommonSharesOutstandingBasicAndDiluted
|
3.30M | shares | 1 Quarter |
| Net loss per share basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$-0.58 | USD | 1 Quarter |
| Net loss per share basic and diluted (in dollars per share) |
EarningsPerShareBasic
|
$-0.38 | USD | 1 Quarter |
Cash Flow Statement
57 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net loss |
NetIncomeLoss
|
$-5.02M | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-1.24M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.90M | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$5.28K | USD | 1 Quarter |
| Depreciation and amortization expense |
DepreciationDepletionAndAmortization
|
$10.52K | USD | 1 Quarter |
| Amortization of note discount and issuance costs |
AmortizationOfNoteDiscountPremium
|
- | USD | 1 Quarter |
| Amortization of note discount and issuance costs |
AmortizationOfNoteDiscountPremium
|
$13.31K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$768.13K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$122.03K | USD | 1 Quarter |
| Investment (income) loss |
NetInvestmentIncome
|
$46.60K | USD | 1 Quarter |
| Investment (income) loss |
NetInvestmentIncome
|
$-178.73K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$160.09K | USD | 1 Quarter |
| Accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$-7.51K | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
- | USD | 1 Quarter |
| Inventory |
IncreaseDecreaseInInventories
|
$495.00 | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
|
$-131.85K | USD | 1 Quarter |
| Prepaid expenses and other current assets |
IncreaseDecreaseInPrepaidExpensesAndOtherCurrentAssets
|
$17.44K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$244.74K | USD | 1 Quarter |
| Accounts payable |
IncreaseDecreaseInAccountsPayable
|
$115.37K | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
- | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
- | USD | 1 Quarter |
| Unearned subscriptions |
IncreaseDecreaseInContractWithCustomerLiability
|
$-124.33K | USD | 1 Quarter |
| Unearned subscriptions |
IncreaseDecreaseInContractWithCustomerLiability
|
$-149.78K | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-1.25M | USD | 1 Quarter |
| Net cash used in operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-793.19K | USD | 1 Quarter |
| Purchase of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$9.86M | USD | 1 Quarter |
| Purchase of marketable securities |
PaymentsToAcquireMarketableSecurities
|
$889.02K | USD | 1 Quarter |
| Sale of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$1.97M | USD | 1 Quarter |
| Sale of marketable securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$9.77M | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$-85.09K | USD | 1 Quarter |
| Net cash provided by (used in) investing activities |
NetCashProvidedByUsedInInvestingActivities
|
$1.08M | USD | 1 Quarter |
| Principal payments on senior secured note payable |
RepaymentOfSeniorSecuredNotesPayable
|
$30.00K | USD | 1 Quarter |
| Principal payments on senior secured note payable |
RepaymentOfSeniorSecuredNotesPayable
|
- | USD | 1 Quarter |
| Principal payments on notes payable |
RepaymentsOfNotesPayable
|
$7.08K | USD | 1 Quarter |
| Principal payments on notes payable |
RepaymentsOfNotesPayable
|
$7.16K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForCommonStockSubscribed
|
$859.61K | USD | 1 Quarter |
| Purchase of treasury stock |
PaymentsForCommonStockSubscribed
|
- | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-7.16K | USD | 1 Quarter |
| Net cash used in financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$-896.70K | USD | 1 Quarter |
| Net decrease in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-175.76K | USD | 1 Quarter |
| Net decrease in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.77M | USD | 1 Quarter |
| Cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$425.58K | USD | Point-in-time |
| Cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$651.52K | USD | Point-in-time |
| Cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.43M | USD | Point-in-time |
| Cash - beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$249.82K | USD | Point-in-time |
| Cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$425.58K | USD | Point-in-time |
| Cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$651.52K | USD | Point-in-time |
| Cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$2.43M | USD | Point-in-time |
| Cash - end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
$249.82K | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$165.00 | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$29.24K | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Income taxes paid |
IncomeTaxesPaidNet
|
- | USD | 1 Quarter |
| Treasury stock purchased with other assets |
NotesPayableExchangedWithNotePayable
|
- | USD | 1 Quarter |
| Treasury stock purchased with other assets |
NotesPayableExchangedWithNotePayable
|
$-79.10K | USD | 1 Quarter |
| Retirement of treasury stock |
RetirementOfTreasuryStock
|
- | USD | 1 Quarter |
| Retirement of treasury stock |
RetirementOfTreasuryStock
|
$1.18M | USD | 1 Quarter |
Stockholders Equity
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balances, December 31, 2021 |
StockholdersEquity
|
$2.18M | USD | Point-in-time |
| Balances, December 31, 2021 |
StockholdersEquity
|
$966.31K | USD | Point-in-time |
| Balances, December 31, 2021 |
StockholdersEquity
|
$5.84M | USD | Point-in-time |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$859.61K | USD | 1 Quarter |
| Purchase of treasury stock |
TreasuryStockValueAcquiredCostMethod
|
$79.10K | USD | 1 Quarter |
| Cashless exercise of warrants |
StockIssuedDuringPeriodValueCashlessWarrantExercise
|
- | USD | 1 Quarter |
| Issuance of warrants for compensation |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$31.88K | USD | 1 Quarter |
| Issuance of warrants for compensation |
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
$31.88K | USD | 1 Quarter |
| Issuance of options for compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$61.46K | USD | 1 Quarter |
| Issuance of options for compensation |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
$82.65K | USD | 1 Quarter |
| Common stock payable for compensation |
CommonStockPayableForCompensationEquityImpact
|
$7.50K | USD | 1 Quarter |
| Common stock payable for compensation |
CommonStockPayableForCompensationEquityImpact
|
$19.38K | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-5.02M | USD | Annual |
| Net loss |
NetIncomeLoss
|
$-1.24M | USD | 1 Quarter |
| Net loss |
NetIncomeLoss
|
$-1.90M | USD | 1 Quarter |
| Retirement of treasury stock |
TreasuryStockRetiredCostMethodAmount
|
- | USD | 1 Quarter |
| Issuance of stock for compensation |
StockIssuedDuringPeriodValueShareBasedCompensation
|
$655.40K | USD | 1 Quarter |
| Balances, March 31, 2022 |
StockholdersEquity
|
$2.18M | USD | Point-in-time |
| Balances, March 31, 2022 |
StockholdersEquity
|
$966.31K | USD | Point-in-time |
| Balances, March 31, 2022 |
StockholdersEquity
|
$5.84M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.