10-Q Filing

REED'S, INC. CIK: 1140215 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001493152-16-011987`
Period End Date	20160630
Filing Date	20160804
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	reed-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 56 Cash Flow Statement 62 Stockholders Equity 15

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Trade accounts receivable, allowance for doubtful accounts and returns and discounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$306.00K	USD	Point-in-time
Trade accounts receivable, allowance for doubtful accounts and returns and discounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$356.00K	USD	Point-in-time
Inventory, reserve for obsolescence net	`InventoryValuationReserves`	$290.00K	USD	Point-in-time
Inventory, reserve for obsolescence net	`InventoryValuationReserves`	$150.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.22M	USD	Point-in-time
Cash	`Cash`	$1.82M	USD	Point-in-time
Cash	`Cash`	$215.00K	USD	Point-in-time
Property and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.57M	USD	Point-in-time
Cash	`Cash`	$959.00K	USD	Point-in-time
Cash	`Cash`	$969.00K	USD	Point-in-time
Line of credit, discount	`LinesOfCreditValuationDiscount`	$11.00K	USD	Point-in-time
Line of credit, discount	`LinesOfCreditValuationDiscount`	-	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts and returns and discounts of $306,000 and $356,000, respectively	`AccountsReceivableNetCurrent`	$3.54M	USD	Point-in-time
Trade accounts receivable, net of allowance for doubtful accounts and returns and discounts of $306,000 and $356,000, respectively	`AccountsReceivableNetCurrent`	$2.89M	USD	Point-in-time
Long term financing obligation, discount	`DebtInstrumentUnamortizedDiscountPremiumNet`	$880.00K	USD	Point-in-time
Long term financing obligation, discount	`DebtInstrumentUnamortizedDiscountPremiumNet`	$953.00K	USD	Point-in-time
Inventory, net of reserve for obsolescence of $150,000 and $290,000, respectively	`InventoryNet`	$7.72M	USD	Point-in-time
Inventory, net of reserve for obsolescence of $150,000 and $290,000, respectively	`InventoryNet`	$7.93M	USD	Point-in-time
Prepaid inventory	`Supplies`	$47.00K	USD	Point-in-time
Term loan, discount	`TermLoanPayableUnamortizedDiscountNet`	$132.00K	USD	Point-in-time
Term loan, discount	`TermLoanPayableUnamortizedDiscountNet`	$114.00K	USD	Point-in-time
Prepaid inventory	`Supplies`	$576.00K	USD	Point-in-time
Series A Convertible Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$769.00K	USD	Point-in-time
Series A Convertible Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$10.00	USD	Point-in-time
Prepaid and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$573.00K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$13.38M	USD	Point-in-time
Series A Convertible Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Series A Convertible Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	500,000.00	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$13.45M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $4,574,000 and $4,216,000, respectively	`PropertyPlantAndEquipmentNet`	$6.48M	USD	Point-in-time
Series A Convertible Preferred stock, shares issued	`PreferredStockSharesIssued`	9,411.00	shares	Point-in-time
Series A Convertible Preferred stock, shares issued	`PreferredStockSharesIssued`	9,411.00	shares	Point-in-time
Property and equipment, net of accumulated depreciation of $4,574,000 and $4,216,000, respectively	`PropertyPlantAndEquipmentNet`	$5.37M	USD	Point-in-time
Brand names	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.03M	USD	Point-in-time
Series A Convertible Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	9,411.00	shares	Point-in-time
Brand names	`IndefiniteLivedIntangibleAssetsExcludingGoodwill`	$1.03M	USD	Point-in-time
Series A Convertible Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	9,411.00	shares	Point-in-time
Total assets	`Assets`	$19.85M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total assets	`Assets`	$20.89M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	19.50M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	19.50M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.16M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	13.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.91M	shares	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$5.67M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$7.46M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	13.16M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$168.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$192.00K	USD	Point-in-time
Line of Credit, net of discount of $11,000 and $0, respectively	`LinesOfCreditCurrent`	$5.65M	USD	Point-in-time
Line of Credit, net of discount of $11,000 and $0, respectively	`LinesOfCreditCurrent`	$4.44M	USD	Point-in-time
Current portion of long term financing obligations	`LongTermDebtCurrent`	$175.00K	USD	Point-in-time
Current portion of long term financing obligations	`LongTermDebtCurrent`	$160.00K	USD	Point-in-time
Current portion of capital leases payable	`CapitalLeaseObligationsCurrent`	$153.00K	USD	Point-in-time
Current portion of capital leases payable	`CapitalLeaseObligationsCurrent`	$142.00K	USD	Point-in-time
Current portion of capital expansion loan	`LoansPayableToBankCurrent`	$341.00K	USD	Point-in-time
Current portion of capital expansion loan	`LoansPayableToBankCurrent`	$341.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$12.17M	USD	Point-in-time
Long term financing obligation, less current portion, net of discount of $880,000 and $953,000, respectively	`LongTermDebtNoncurrent`	$1.41M	USD	Point-in-time
Long term financing obligation, less current portion, net of discount of $880,000 and $953,000, respectively	`LongTermDebtNoncurrent`	$1.44M	USD	Point-in-time
Capital leases payable, less current portion	`CapitalLeaseObligationsNoncurrent`	$499.00K	USD	Point-in-time
Capital leases payable, less current portion	`CapitalLeaseObligationsNoncurrent`	$490.00K	USD	Point-in-time
Capital expansion loan, less current portion	`LongTermLoansPayable`	$1.54M	USD	Point-in-time
Capital expansion loan, less current portion	`LongTermLoansPayable`	$2.85M	USD	Point-in-time
Term loan, net of discount $114,000 and $132,000	`LongTermLoansFromBank`	$2.87M	USD	Point-in-time
Term loan, net of discount $114,000 and $132,000	`LongTermLoansFromBank`	$2.89M	USD	Point-in-time
Total Liabilities	`Liabilities`	$19.07M	USD	Point-in-time
Total Liabilities	`Liabilities`	$19.81M	USD	Point-in-time
Series A Convertible Preferred stock, $10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding	`PreferredStockValue`	$94.00K	USD	Point-in-time
Series A Convertible Preferred stock, $10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding	`PreferredStockValue`	$94.00K	USD	Point-in-time
Common stock, $.0001 par value, 19,500,000 shares authorized, 13,908,247 and 13,160,860 shares issued and outstanding, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Common stock, $.0001 par value, 19,500,000 shares authorized, 13,908,247 and 13,160,860 shares issued and outstanding, respectively	`CommonStockValue`	$1.00K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$27.40M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$30.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-26.71M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-29.06M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.08M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$785.00K	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$19.85M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$20.89M	USD	Point-in-time

Income Statement 56 line items

Line Item	Tag	Value	Unit	Period
Net Sales	`SalesRevenueNet`	$22.85M	USD	2 Qtrs
Net Sales	`SalesRevenueNet`	$21.00M	USD	2 Qtrs
Net Sales	`SalesRevenueNet`	$12.18M	USD	1 Quarter
Net Sales	`SalesRevenueNet`	$10.99M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$15.95M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$8.39M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$8.54M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$16.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$4.50M	USD	2 Qtrs
Gross profit	`GrossProfit`	$2.60M	USD	1 Quarter
Gross profit	`GrossProfit`	$6.90M	USD	2 Qtrs
Gross profit	`GrossProfit`	$3.64M	USD	1 Quarter
Delivery and handling expenses	`ShippingHandlingAndTransportationCosts`	$1.43M	USD	1 Quarter
Delivery and handling expenses	`ShippingHandlingAndTransportationCosts`	$1.91M	USD	2 Qtrs
Delivery and handling expenses	`ShippingHandlingAndTransportationCosts`	$1.06M	USD	1 Quarter
Delivery and handling expenses	`ShippingHandlingAndTransportationCosts`	$2.60M	USD	2 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$2.00M	USD	2 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$2.53M	USD	2 Qtrs
Selling and marketing expense	`SellingAndMarketingExpense`	$954.00K	USD	1 Quarter
Selling and marketing expense	`SellingAndMarketingExpense`	$1.33M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.34M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.14M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$931.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$1.37M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$4.13M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.95M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$7.46M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$6.04M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-493.00K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-1.55M	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-563.00K	USD	2 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-347.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$794.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$394.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$416.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$193.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.34M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-686.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-763.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-957.00K	USD	2 Qtrs
Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.00K	USD	1 Quarter
Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.00K	USD	1 Quarter
Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.00K	USD	2 Qtrs
Preferred Stock Dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.00K	USD	2 Qtrs
Net loss attributable to common stockholders, basic and diluted	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-691.00K	USD	1 Quarter
Net loss attributable to common stockholders, basic and diluted	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-962.00K	USD	2 Qtrs
Net loss attributable to common stockholders, basic and diluted	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-768.00K	USD	1 Quarter
Net loss attributable to common stockholders, basic and diluted	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.35M	USD	2 Qtrs
Weighted average number of shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.31M	shares	2 Qtrs
Weighted average number of shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.42M	shares	1 Quarter
Weighted average number of shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.10M	shares	1 Quarter
Weighted average number of shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	13.09M	shares	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.06	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.05	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.18	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.07	USD	2 Qtrs

Cash Flow Statement 62 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-2.34M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-686.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-763.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-957.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$477.00K	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$453.00K	USD	2 Qtrs
Fair value of stock options issued to employees & consultant	`FairValueOptionChangesInFairValueGainLoss1`	$-302.00K	USD	2 Qtrs
Fair value of stock options issued to employees & consultant	`FairValueOptionChangesInFairValueGainLoss1`	$-560.00K	USD	2 Qtrs
(Decrease) increase in allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$-50.00K	USD	2 Qtrs
(Decrease) increase in allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease`	$-81.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$600.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.00M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-204.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$2.63M	USD	2 Qtrs
Prepaid Inventory	`IncreaseDecreaseInPrepaidInventory`	$529.00K	USD	2 Qtrs
Prepaid Inventory	`IncreaseDecreaseInPrepaidInventory`	$14.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-167.00K	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-196.00K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-1.78M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$1.64M	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$24.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$20.00K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.84M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.10M	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$78.00K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$430.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-78.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-430.00K	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	$2.24M	USD	2 Qtrs
Proceeds from sale of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from stock option and warrant exercises	`ProceedsFromWarrantExercises`	$45.00K	USD	2 Qtrs
Proceeds from stock option and warrant exercises	`ProceedsFromWarrantExercises`	$31.00K	USD	2 Qtrs
Principal repayments on long term financial obligation	`RepaymentsOfLongTermDebt`	$76.00K	USD	2 Qtrs
Principal repayments on long term financial obligation	`RepaymentsOfLongTermDebt`	$64.00K	USD	2 Qtrs
Principal repayments on capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$87.00K	USD	2 Qtrs
Principal repayments on capital lease obligation	`RepaymentsOfLongTermCapitalLeaseObligations`	$63.00K	USD	2 Qtrs
Net draw down (repayment) on line of credit	`ProceedsFromLongTermLinesOfCredit`	$1.21M	USD	2 Qtrs
Net draw down (repayment) on line of credit	`ProceedsFromLongTermLinesOfCredit`	$1.63M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$3.33M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.53M	USD	2 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-744.00K	USD	2 Qtrs
Net decrease in cash	`CashPeriodIncreaseDecrease`	$-847.00K	USD	2 Qtrs
Cash at beginning of period	`Cash`	$1.82M	USD	Point-in-time
Cash at beginning of period	`Cash`	$215.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	$959.00K	USD	Point-in-time
Cash at beginning of period	`Cash`	$969.00K	USD	Point-in-time
Cash at end of period	`Cash`	$1.82M	USD	Point-in-time
Cash at end of period	`Cash`	$215.00K	USD	Point-in-time
Cash at end of period	`Cash`	$959.00K	USD	Point-in-time
Cash at end of period	`Cash`	$969.00K	USD	Point-in-time
Interest	`InterestPaidNet`	$843.00K	USD	2 Qtrs
Interest	`InterestPaidNet`	$395.00K	USD	2 Qtrs
Property and equipment acquired through capital expansion loan	`PropertyAndEquipmentAcquiredThroughCapexLoan`	$486.00K	USD	2 Qtrs
Property and equipment acquired through capital expansion loan	`PropertyAndEquipmentAcquiredThroughCapexLoan`	$1.31M	USD	2 Qtrs
Property and equipment acquired through capital lease obligations	`PropertyAndEquipmentAcquiredThroughCapitalizedLeases`	$86.00K	USD	2 Qtrs
Property and equipment acquired through capital lease obligations	`PropertyAndEquipmentAcquiredThroughCapitalizedLeases`	-	USD	2 Qtrs
Other current assets acquired through capital expansion loan	`OtherCurrentAssetsAcquiredThroughCapitalExpansionLoan`	-	USD	2 Qtrs
Other current assets acquired through capital expansion loan	`OtherCurrentAssetsAcquiredThroughCapitalExpansionLoan`	$250.00K	USD	2 Qtrs
Fair value of warrants granted as debt discount	`FairValueOfWarrantsGrantedAsDebtDiscount`	$54.00K	USD	2 Qtrs
Fair value of warrants granted as debt discount	`FairValueOfWarrantsGrantedAsDebtDiscount`	-	USD	2 Qtrs
Dividends payable in common stock	`DividendsPayableInCommonStock`	$5.00K	USD	2 Qtrs
Dividends payable in common stock	`DividendsPayableInCommonStock`	$5.00K	USD	2 Qtrs

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$1.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$785.00K	USD	Point-in-time
Common shares issued upon exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$45.00K	USD	2 Qtrs
Common shares issued upon cashless exercise of options	`StockIssuedDuringPeriodValueStockOptionsExercised`	-	USD	2 Qtrs
Common shares issued upon cashless exercise of options, Shares	`StockIssuedDuringPeriodSharesStockOptionsExercised`	7,211.00	shares	2 Qtrs
Fair value vesting of options issued to employees & consultant	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$302.00K	USD	2 Qtrs
Fair value of warrants issued as debt discount	`AdjustmentsToAdditionalPaidInCapitalOther`	$54.00K	USD	2 Qtrs
Common shares issued upon sale of securities	`SaleOfStockConsiderationReceivedOnTransaction`	$2.24M	USD	2 Qtrs
Series A Preferred Stock Dividend	`SeriesPreferredStockDividend`	-	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-2.34M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-686.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-763.00K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-957.00K	USD	2 Qtrs
Balance	`StockholdersEquity`	$1.08M	USD	Point-in-time
Balance	`StockholdersEquity`	$785.00K	USD	Point-in-time

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