10-Q Filing

STANDARD PREMIUM FINANCE HOLDINGS, INC. CIK: 1807893 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001553350-21-000670`
Period End Date	20210630
Filing Date	20210813
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	spfh_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 28

Balance Sheet 82 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, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Designated shares	`DesignatedShares`	600,000.00	shares	Point-in-time
Cash	`Cash`	$17.03K	USD	Point-in-time
Designated shares	`DesignatedShares`	600,000.00	shares	Point-in-time
Cash	`Cash`	$477.29K	USD	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$47.50M	USD	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$39.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	99,000.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	99,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	99,000.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$343.60K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$383.91K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	99,000.00	shares	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 CURRENT ASSETS	`AssetsCurrent`	$47.86M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$39.86M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$98.87K	USD	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$81.55K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
OPERATING LEASE ASSETS	`OperatingLeaseRightOfUseAsset`	$95.42K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.91M	shares	Point-in-time
OPERATING LEASE ASSETS	`OperatingLeaseRightOfUseAsset`	$278.57K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.91M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.91M	shares	Point-in-time
Cash surrender value of life insurance, net of policy loan	`CashSurrenderValueOfLifeInsurance`	$530.69K	USD	Point-in-time
Cash surrender value of life insurance, net of policy loan	`CashSurrenderValueOfLifeInsurance`	$516.31K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$327.00K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$260.00K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$776.31K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$857.69K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.81M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$49.09M	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$25.65M	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$31.88M	USD	Point-in-time
Drafts payable	`DraftsPayable`	$1.87M	USD	Point-in-time
Drafts payable	`DraftsPayable`	$2.27M	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$1.89M	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$1.47M	USD	Point-in-time
Note payable - stockholders and related parties - current portion	`NotesPayableRelatedPartiesClassifiedCurrent`	$722.74K	USD	Point-in-time
Note payable - stockholders and related parties - current portion	`NotesPayableRelatedPartiesClassifiedCurrent`	$983.09K	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanCurrentPortion`	$15.02K	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanCurrentPortion`	-	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$39.34K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$107.00K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.21M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.48M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$31.40M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$38.19M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$2.75M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$1.89M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotesPayableRelatedPartiesNoncurrent`	$3.53M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotesPayableRelatedPartiesNoncurrent`	$3.70M	USD	Point-in-time
Payroll Protection Program loan, net of current portion	`PayrollProtectionProgramLoanNetOfCurrentPortion`	$255.98K	USD	Point-in-time
Payroll Protection Program loan, net of current portion	`PayrollProtectionProgramLoanNetOfCurrentPortion`	$271.00K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$56.08K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$171.56K	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$5.73M	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$6.89M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$45.08M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$37.13M	USD	Point-in-time
Preferred stock, par value $.001 per share; 20 million shares authorized, 600,000 shares designated as Series A - convertible, 99,000 and 99,000 issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	$99.00	USD	Point-in-time
Preferred stock, par value $.001 per share; 20 million shares authorized, 600,000 shares designated as Series A - convertible, 99,000 and 99,000 issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`PreferredStockValue`	$99.00	USD	Point-in-time
Common stock, par value $.001 per share; 100 million shares authorized, 2,905,016 and 2,905,016 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.90K	USD	Point-in-time
Common stock, par value $.001 per share; 100 million shares authorized, 2,905,016 and 2,905,016 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$2.90K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.67M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.64M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.34M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.04M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.74M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.08M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.68M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.86M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$49.09M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$40.81M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
TOTAL REVENUES	`Revenues`	$3.63M	USD	2 Qtrs
TOTAL REVENUES	`Revenues`	$1.62M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$1.92M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$3.18M	USD	2 Qtrs
Interest expense	`InterestExpense`	$422.60K	USD	1 Quarter
Interest expense	`InterestExpense`	$871.44K	USD	2 Qtrs
Interest expense	`InterestExpense`	$455.65K	USD	1 Quarter
Interest expense	`InterestExpense`	$850.47K	USD	2 Qtrs
Salaries and wages	`SalariesAndWages`	$705.57K	USD	2 Qtrs
Salaries and wages	`SalariesAndWages`	$373.44K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$691.28K	USD	2 Qtrs
Salaries and wages	`SalariesAndWages`	$370.21K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$417.61K	USD	2 Qtrs
Commission expense	`LeasingCommissionsExpense`	$227.90K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$287.69K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$539.03K	USD	2 Qtrs
Bad debts	`BadDebts`	$309.64K	USD	2 Qtrs
Bad debts	`BadDebts`	$186.99K	USD	1 Quarter
Bad debts	`BadDebts`	$163.25K	USD	1 Quarter
Bad debts	`BadDebts`	$364.05K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$133.28K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$86.39K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$66.68K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$184.88K	USD	2 Qtrs
Postage expense	`PostageExpense`	$27.47K	USD	1 Quarter
Postage expense	`PostageExpense`	$33.77K	USD	1 Quarter
Postage expense	`PostageExpense`	$64.59K	USD	2 Qtrs
Postage expense	`PostageExpense`	$52.16K	USD	2 Qtrs
Insurance expense	`OtherExpenses`	$83.36K	USD	2 Qtrs
Insurance expense	`OtherExpenses`	$49.54K	USD	1 Quarter
Insurance expense	`OtherExpenses`	$95.71K	USD	2 Qtrs
Insurance expense	`OtherExpenses`	$42.97K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$355.64K	USD	2 Qtrs
Other operating expenses	`OtherGeneralExpense`	$384.71K	USD	2 Qtrs
Other operating expenses	`OtherGeneralExpense`	$176.67K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$207.80K	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$3.18M	USD	2 Qtrs
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$1.72M	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$1.50M	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$2.88M	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$200.96K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$458.16K	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$301.92K	USD	2 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$113.57K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$44.99K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$103.74K	USD	2 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$66.70K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$121.93K	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$336.23K	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$46.87K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$155.97K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$198.18K	USD	2 Qtrs
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$12.25K	USD	1 Quarter
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$34.65K	USD	2 Qtrs
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$17.32K	USD	1 Quarter
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$22.75K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$34.62K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$138.65K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$301.58K	USD	2 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$175.43K	USD	2 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.10	USD	2 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.05	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.01	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.05	USD	2 Qtrs
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	2 Qtrs
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.20M	shares	2 Qtrs
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$336.23K	USD	2 Qtrs
NET INCOME	`NetIncomeLoss`	$46.87K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$155.97K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$198.18K	USD	2 Qtrs
Depreciation	`Depreciation`	$14.60K	USD	2 Qtrs
Depreciation	`Depreciation`	$16.56K	USD	2 Qtrs
Amortization of right to use asset - operating lease	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$57.20K	USD	2 Qtrs
Amortization of right to use asset - operating lease	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$52.19K	USD	2 Qtrs
Bad debt expense	`BadDebtExpense`	$309.64K	USD	2 Qtrs
Bad debt expense	`BadDebtExpense`	$364.05K	USD	2 Qtrs
Bad debt expense	`BadDebtExpense`	$186.99K	USD	1 Quarter
Bad debt expense	`BadDebtExpense`	$163.25K	USD	1 Quarter
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-63.09K	USD	2 Qtrs
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-41.11K	USD	2 Qtrs
Options issued for services	`OptionsIssuedForServices`	$11.56K	USD	2 Qtrs
Options issued for services	`OptionsIssuedForServices`	$17.33K	USD	2 Qtrs
Warrants issued for services	`WarrantsIssuedForServices`	$-9.28K	USD	2 Qtrs
Warrants issued for services	`WarrantsIssuedForServices`	$-27.20K	USD	2 Qtrs
(Increase)/Decrease in premium finance contracts	`IncreasedecreaseInPremiumFinanceContracts`	$8.86M	USD	2 Qtrs
(Increase)/Decrease in premium finance contracts	`IncreasedecreaseInPremiumFinanceContracts`	$2.89M	USD	2 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$48.06K	USD	2 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-40.31K	USD	2 Qtrs
(Increase)/Decrease in deferred tax asset, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$67.00K	USD	2 Qtrs
(Increase)/Decrease in deferred tax asset, net	`IncreaseDecreaseInDeferredIncomeTaxes`	-	USD	2 Qtrs
Increase/(Decrease) in drafts payable	`IncreaseDecreaseInBookOverdrafts`	$1.01M	USD	2 Qtrs
Increase/(Decrease) in drafts payable	`IncreaseDecreaseInBookOverdrafts`	$396.83K	USD	2 Qtrs
Increase/(Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$271.01K	USD	2 Qtrs
Increase/(Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$576.50K	USD	2 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-52.19K	USD	2 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-57.20K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-750.60K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-7.41M	USD	2 Qtrs
Payments made on life insurance policy	`PaymentsToAcquireLifeInsurancePolicies`	$33.88K	USD	2 Qtrs
Payments made on life insurance policy	`PaymentsToAcquireLifeInsurancePolicies`	$13.97K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.03K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$14.39K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-18.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.27K	USD	2 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$450.00K	USD	2 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	-	USD	2 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentsOfRelatedPartyDebt`	$15.00K	USD	2 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	2 Qtrs
Proceeds from PPP Loan	`ProceedsFromPppLoan`	-	USD	2 Qtrs
Proceeds from PPP Loan	`ProceedsFromPppLoan`	$271.00K	USD	2 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$560.58K	USD	2 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$6.17M	USD	2 Qtrs
Dividends paid	`DividendDistributionsPaid`	$34.65K	USD	2 Qtrs
Dividends paid	`DividendDistributionsPaid`	$21.00K	USD	2 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOrSaleOfEquity`	$120.00K	USD	2 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	2 Qtrs
Proceeds from notes payable - other	`ProceedsFromSecuredNotesPayable`	$100.00K	USD	2 Qtrs
Proceeds from notes payable - other	`ProceedsFromSecuredNotesPayable`	$431.96K	USD	2 Qtrs
Repayment of notes payable - other	`ProceedsFromRepaymentsOfNotesPayable`	$-150.00K	USD	2 Qtrs
Repayment of notes payable - other	`ProceedsFromRepaymentsOfNotesPayable`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$880.58K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.00M	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$111.98K	USD	2 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-460.26K	USD	2 Qtrs
CASH AT THE BEGINNING OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$457.59K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$477.29K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$345.61K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$17.03K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$457.59K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$477.29K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$345.61K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$17.03K	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$229.07K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$544.74K	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$747.18K	USD	2 Qtrs
Debt issued to retire common stock	`DebtIssuedToRetireCommonStock`	$480.00K	USD	2 Qtrs
Debt issued to retire common stock	`DebtIssuedToRetireCommonStock`	-	USD	2 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	$70.00K	USD	2 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	-	USD	2 Qtrs
Operating lease asset obtained in exchange for operating lease liability	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	$235.34K	USD	2 Qtrs
Operating lease asset obtained in exchange for operating lease liability	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	2 Qtrs

Stockholders Equity 28 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$2.74M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.08M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.68M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.01M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.01M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.86M	USD	Point-in-time
Debt issued to retire stock	`DebtIssuedToRetireStock`	$-480.00K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$8.67K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$8.67K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$8.67K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$2.89K	USD	1 Quarter
Distributions (preferred shares)	`DistributionsPreferredShares`	$-10.50K	USD	1 Quarter
Distributions (preferred shares)	`DistributionsPreferredShares`	$-17.32K	USD	1 Quarter
Distributions (preferred shares)	`DistributionsPreferredShares`	$-17.32K	USD	1 Quarter
Distributions (preferred shares)	`DistributionsPreferredShares`	$-10.50K	USD	1 Quarter
Net income	`ProfitLoss`	$180.25K	USD	1 Quarter
Net income	`ProfitLoss`	$151.31K	USD	1 Quarter
Net income	`ProfitLoss`	$155.97K	USD	1 Quarter
Net income	`ProfitLoss`	$46.87K	USD	1 Quarter
Sale of preferred stock	`SaleOfPreferredStock`	$190.00K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForService`	$9.28K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForService`	$27.20K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$2.74M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.08M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.68M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.01M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.01M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.86M	USD	Point-in-time

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