10-Q Filing

NANO MAGIC INC. CIK: 891417 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001493152-17-009665`
Period End Date	20170630
Filing Date	20170821
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	penc-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 94 Cash Flow Statement 74

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$262.52K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$291.21K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$189.13K	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$176.21K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$815.40K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$722.85K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$15.24K	USD	Point-in-time
Accounts receivable - related party	`AccountsReceivableRelatedPartiesCurrent`	$10.47K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	10.00M	shares	Point-in-time
Inventory	`InventoryNet`	$1.34M	USD	Point-in-time
Inventory	`InventoryNet`	$1.04M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$56.68K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$75.08K	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.41M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$2.03M	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$709.63K	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$640.75K	USD	Point-in-time
Other assets	`OtherAssets`	$111.15K	USD	Point-in-time
Other assets	`OtherAssets`	$51.08K	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$760.71K	USD	Point-in-time
Total Other Assets	`OtherAssetsNoncurrent`	$751.90K	USD	Point-in-time
Total Assets	`Assets`	$2.79M	USD	Point-in-time
Total Assets	`Assets`	$3.16M	USD	Point-in-time
Bank revolving line of credit	`LinesOfCreditCurrent`	$979.69K	USD	Point-in-time
Bank revolving line of credit	`LinesOfCreditCurrent`	$919.07K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$90.45K	USD	Point-in-time
Current portion of notes payable	`NotesPayableCurrent`	$85.51K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.08M	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrent`	$52.89K	USD	Point-in-time
Accounts payable - related parties	`AccountsPayableRelatedPartiesCurrent`	$20.89K	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	-	USD	Point-in-time
Deferred revenue	`DeferredRevenueCurrent`	$37.08K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$904.17K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$931.20K	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.60M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$3.11M	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$246.34K	USD	Point-in-time
Notes payable, net of current portion	`LongTermNotesPayable`	$266.11K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$246.34K	USD	Point-in-time
Total Long-Term Liabilities	`LiabilitiesNoncurrent`	$266.11K	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.37M	USD	Point-in-time
Total Liabilities	`Liabilities`	$3.84M	USD	Point-in-time
Commitments and Contingencies (See Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (See Note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.32M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.44M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.13M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-5.90M	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-683.25K	USD	Point-in-time
Total Stockholders' Deficit	`StockholdersEquity`	$-578.10K	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$3.16M	USD	Point-in-time
Total Liabilities and Stockholders' Deficit	`LiabilitiesAndStockholdersEquity`	$2.79M	USD	Point-in-time

Income Statement 94 line items

Line Item	Tag	Value	Unit	Period
Sales revenue from related parties	`RevenueFromRelatedParties`	$92.30K	USD	2 Qtrs
Sales revenue from related parties	`RevenueFromRelatedParties`	$48.60K	USD	1 Quarter
Sales revenue from related parties	`RevenueFromRelatedParties`	$111.91K	USD	2 Qtrs
Sales revenue from related parties	`RevenueFromRelatedParties`	$58.60K	USD	1 Quarter
Products (including related party sales of $58,597 and $48,604 and $111,911, and $92,296 for the three and six months ended June 30, 2017 and 2016, respectively)	`SalesRevenueGoodsNet`	$3.61M	USD	2 Qtrs
Products (including related party sales of $58,597 and $48,604 and $111,911, and $92,296 for the three and six months ended June 30, 2017 and 2016, respectively)	`SalesRevenueGoodsNet`	$3.75M	USD	2 Qtrs
Products (including related party sales of $58,597 and $48,604 and $111,911, and $92,296 for the three and six months ended June 30, 2017 and 2016, respectively)	`SalesRevenueGoodsNet`	$1.75M	USD	1 Quarter
Products (including related party sales of $58,597 and $48,604 and $111,911, and $92,296 for the three and six months ended June 30, 2017 and 2016, respectively)	`SalesRevenueGoodsNet`	$1.92M	USD	1 Quarter
Contract services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$579.44K	USD	2 Qtrs
Contract services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$468.13K	USD	2 Qtrs
Contract services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$248.27K	USD	1 Quarter
Contract services	`ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned`	$293.70K	USD	1 Quarter
Total Revenues	`Revenues`	$4.19M	USD	2 Qtrs
Total Revenues	`Revenues`	$2.00M	USD	1 Quarter
Total Revenues	`Revenues`	$4.22M	USD	2 Qtrs
Total Revenues	`Revenues`	$2.21M	USD	1 Quarter
Products	`CostOfGoodsSoldProduct`	$2.12M	USD	2 Qtrs
Products	`CostOfGoodsSoldProduct`	$1.08M	USD	1 Quarter
Products	`CostOfGoodsSoldProduct`	$2.06M	USD	2 Qtrs
Products	`CostOfGoodsSoldProduct`	$1.12M	USD	1 Quarter
Contract services	`ContractRevenueCost`	$606.14K	USD	2 Qtrs
Contract services	`ContractRevenueCost`	$513.20K	USD	2 Qtrs
Contract services	`ContractRevenueCost`	$266.00K	USD	1 Quarter
Contract services	`ContractRevenueCost`	$293.03K	USD	1 Quarter
Total Cost of Revenues	`CostOfGoodsSold`	$1.35M	USD	1 Quarter
Total Cost of Revenues	`CostOfGoodsSold`	$2.66M	USD	2 Qtrs
Total Cost of Revenues	`CostOfGoodsSold`	$1.42M	USD	1 Quarter
Total Cost of Revenues	`CostOfGoodsSold`	$2.63M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$793.09K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$656.26K	USD	1 Quarter
GROSS PROFIT	`GrossProfit`	$1.59M	USD	2 Qtrs
GROSS PROFIT	`GrossProfit`	$1.52M	USD	2 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$236.87K	USD	2 Qtrs
Selling and marketing expenses	`SellingAndMarketingExpense`	$71.96K	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$172.14K	USD	1 Quarter
Selling and marketing expenses	`SellingAndMarketingExpense`	$119.33K	USD	2 Qtrs
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$451.50K	USD	1 Quarter
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$266.22K	USD	1 Quarter
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$865.24K	USD	2 Qtrs
Salaries, wages and related benefits	`SalariesWagesAndOfficersCompensation`	$566.44K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$215.15K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$78.85K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$146.43K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$164.61K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$186.77K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$401.02K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$139.27K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$245.63K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$270.52K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$248.26K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$464.25K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$496.53K	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.02M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.88M	USD	2 Qtrs
Total Operating Expenses	`OperatingExpenses`	$1.01M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.89M	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-294.16K	USD	2 Qtrs
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-363.57K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-219.02K	USD	1 Quarter
LOSS FROM OPERATIONS	`OperatingIncomeLoss`	$-367.13K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$56.27K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$8.33K	USD	1 Quarter
Interest expense	`InterestExpenseOther`	$33.91K	USD	2 Qtrs
Interest expense	`InterestExpenseOther`	$28.14K	USD	1 Quarter
Other income, net	`OtherIncome`	$121.47K	USD	1 Quarter
Other income, net	`OtherIncome`	$101.29K	USD	2 Qtrs
Other income, net	`OtherIncome`	$177.78K	USD	2 Qtrs
Other income, net	`OtherIncome`	$50.71K	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	$121.51K	USD	2 Qtrs
Total Other Income	`NonoperatingIncomeExpense`	$67.38K	USD	2 Qtrs
Total Other Income	`NonoperatingIncomeExpense`	$42.38K	USD	1 Quarter
Total Other Income	`NonoperatingIncomeExpense`	$93.33K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-245.63K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-1.87M	USD	Annual
NET LOSS	`NetIncomeLoss`	$-556.00K	USD	Annual
NET LOSS	`NetIncomeLoss`	$-321.19K	USD	1 Quarter
NET LOSS	`NetIncomeLoss`	$-226.78K	USD	2 Qtrs
NET LOSS	`NetIncomeLoss`	$-125.69K	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.07	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$-0.11	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$-0.08	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.08	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.11	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$-0.07	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$-0.04	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.00M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.00M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.05M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	3.04M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.04M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.00M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.05M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.00M	shares	2 Qtrs

Cash Flow Statement 74 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-245.63K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.87M	USD	Annual
Net loss	`NetIncomeLoss`	$-556.00K	USD	Annual
Net loss	`NetIncomeLoss`	$-321.19K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-226.78K	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-125.69K	USD	1 Quarter
Change in inventory obsolescence reserve	`InventoryWriteDown`	$24.11K	USD	2 Qtrs
Change in inventory obsolescence reserve	`InventoryWriteDown`	$38.42K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$94.26K	USD	2 Qtrs
Depreciation and amortization expense	`DepreciationAndAmortization`	$68.88K	USD	2 Qtrs
Amortization of deferred lease incentives	`AmortizationOfLeaseIncentives`	$6.42K	USD	2 Qtrs
Amortization of deferred lease incentives	`AmortizationOfLeaseIncentives`	$3.56K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$21.87K	USD	2 Qtrs
Gain on sale of property and equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Gain on sale of accounts payable	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Gain on sale of accounts payable	`GainsLossesOnExtinguishmentOfDebt`	$33.51K	USD	2 Qtrs
Gain on settlement of accrued salary	`GainOnSettlementOfAccruedSalary`	$36.97K	USD	2 Qtrs
Gain on settlement of accrued salary	`GainOnSettlementOfAccruedSalary`	-	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$99.62K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$102.62K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$92.56K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.55K	USD	2 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$4.77K	USD	2 Qtrs
Accounts receivable - related party	`IncreaseDecreaseInAccountsReceivableRelatedParties`	$-3.36K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$296.38K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$347.55K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-84.47K	USD	2 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$41.67K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$421.73K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$542.13K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$13.77K	USD	2 Qtrs
Accounts payable - related parties	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-32.00K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$132.88K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-35.05K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$37.08K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-21.69K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$180.24K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$60.16K	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$21.87K	USD	2 Qtrs
Proceeds from sales of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchases of property plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	2 Qtrs
Purchases of property plant and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.00K	USD	2 Qtrs
NET CASH PROVIDED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
NET CASH PROVIDED BY INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$17.87K	USD	2 Qtrs
Deposit on stock purchase	`DepositOnStockPurchase`	$50.00K	USD	2 Qtrs
Deposit on stock purchase	`DepositOnStockPurchase`	-	USD	2 Qtrs
Proceeds from bank lines of credit	`ProceedsFromLinesOfCredit`	$3.56M	USD	2 Qtrs
Proceeds from bank lines of credit	`ProceedsFromLinesOfCredit`	$3.36M	USD	2 Qtrs
Repayment of bank lines of credit	`RepaymentsOfLinesOfCredit`	$3.71M	USD	2 Qtrs
Repayment of bank lines of credit	`RepaymentsOfLinesOfCredit`	$3.42M	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$37.19K	USD	2 Qtrs
Repayment of bank loans	`RepaymentsOfBankDebt`	$37.19K	USD	2 Qtrs
Repayment of loan to third party	`RepaymentsofThirdPartyDebt`	$2.00K	USD	2 Qtrs
Repayment of loan to third party	`RepaymentsofThirdPartyDebt`	$4.94K	USD	2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-49.34K	USD	2 Qtrs
NET CASH USED IN FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-193.16K	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-12.92K	USD	2 Qtrs
NET (DECREASE) INCREASE IN CASH	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$28.69K	USD	2 Qtrs
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$262.52K	USD	Point-in-time
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$291.21K	USD	Point-in-time
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$189.13K	USD	Point-in-time
CASH, beginning of year	`CashAndCashEquivalentsAtCarryingValue`	$176.21K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$262.52K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$291.21K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$189.13K	USD	Point-in-time
CASH, end of period	`CashAndCashEquivalentsAtCarryingValue`	$176.21K	USD	Point-in-time
Interest	`InterestPaid`	$33.91K	USD	2 Qtrs
Interest	`InterestPaid`	$56.27K	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$5.13K	USD	2 Qtrs
Reclassification of accrued salary to notes payable - long-term	`ReclassificationOfAccruedSalaryToNotesPayableLongterm`	$51.24K	USD	2 Qtrs
Reclassification of accrued salary to notes payable - long-term	`ReclassificationOfAccruedSalaryToNotesPayableLongterm`	$17.43K	USD	2 Qtrs
Accrued director fees settled with common stock	`AccruedDirectorFeesSettledWithCommonStock`	-	USD	2 Qtrs
Accrued director fees settled with common stock	`AccruedDirectorFeesSettledWithCommonStock`	$19.00K	USD	2 Qtrs

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