10-Q Filing

STANDARD PREMIUM FINANCE HOLDINGS, INC. CIK: 1807893 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001553350-21-000972`
Period End Date	20210930
Filing Date	20211108
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	spfh_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 76 Stockholders Equity 39

Balance Sheet 84 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
Cash	`Cash`	$477.29K	USD	Point-in-time
Designated shares	`DesignatedShares`	600,000.00	shares	Point-in-time
Designated shares	`DesignatedShares`	600,000.00	shares	Point-in-time
Cash	`Cash`	$81.41K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	99,000.00	shares	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$39.00M	USD	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$49.00M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	99,000.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$383.91K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$493.75K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	99,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	99,000.00	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$39.86M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$49.57M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$90.19K	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
Common stock, shares issued	`CommonStockSharesIssued`	2.91M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.91M	shares	Point-in-time
OPERATING LEASE ASSETS	`OperatingLeaseRightOfUseAsset`	$95.42K	USD	Point-in-time
OPERATING LEASE ASSETS	`OperatingLeaseRightOfUseAsset`	$253.92K	USD	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`	$551.93K	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`	$260.00K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$385.00K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$936.93K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$776.31K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$50.85M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.81M	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$25.65M	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$33.13M	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`	$1.66M	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$1.89M	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`	$1.99M	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanCurrentPortion`	-	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanCurrentPortion`	$15.02K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$107.18K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$39.34K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.21M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.31M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$40.47M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$31.40M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$2.94M	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`	$2.72M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotesPayableRelatedPartiesNoncurrent`	$3.53M	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`	$146.74K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$56.08K	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$6.08M	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$5.73M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$37.13M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$46.55M	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 September 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 September 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 September 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 September 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`	$1.62M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.04M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.68M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.08M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$2.74M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.86M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.48M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.30M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$40.81M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$50.85M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
TOTAL REVENUES	`Revenues`	$2.07M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$5.70M	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$1.63M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$4.81M	USD	3 Qtrs
Interest expense	`InterestExpense`	$412.47K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.26M	USD	3 Qtrs
Interest expense	`InterestExpense`	$423.17K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.29M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$1.07M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$339.03K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$1.03M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$368.73K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$777.13K	USD	3 Qtrs
Commission expense	`LeasingCommissionsExpense`	$620.13K	USD	3 Qtrs
Commission expense	`LeasingCommissionsExpense`	$238.10K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$202.52K	USD	1 Quarter
Bad debts	`BadDebts`	$79.94K	USD	1 Quarter
Bad debts	`BadDebts`	$670.43K	USD	3 Qtrs
Bad debts	`BadDebts`	$306.38K	USD	1 Quarter
Bad debts	`BadDebts`	$389.58K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$134.23K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$47.84K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$262.56K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$77.68K	USD	1 Quarter
Postage expense	`PostageExpense`	$29.53K	USD	1 Quarter
Postage expense	`PostageExpense`	$81.52K	USD	3 Qtrs
Postage expense	`PostageExpense`	$29.36K	USD	1 Quarter
Postage expense	`PostageExpense`	$94.12K	USD	3 Qtrs
Insurance expense	`OtherExpenses`	$34.37K	USD	1 Quarter
Insurance expense	`OtherExpenses`	$36.02K	USD	1 Quarter
Insurance expense	`OtherExpenses`	$117.73K	USD	3 Qtrs
Insurance expense	`OtherExpenses`	$131.73K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	$604.74K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	$220.03K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$498.34K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	$142.70K	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$4.87M	USD	3 Qtrs
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$1.69M	USD	1 Quarter
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$4.18M	USD	3 Qtrs
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$1.30M	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$327.73K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$377.28K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$835.44K	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$629.65K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$79.52K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$201.45K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$157.62K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$53.88K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$633.99K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$472.03K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$297.76K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$273.86K	USD	1 Quarter
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$33.25K	USD	3 Qtrs
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$51.98K	USD	3 Qtrs
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$10.50K	USD	1 Quarter
PREFERRED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$17.32K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$582.01K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$280.44K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$263.36K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON SHAREHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$438.78K	USD	3 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.10	USD	1 Quarter
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.14	USD	3 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.20	USD	3 Qtrs
Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$0.09	USD	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	3 Qtrs
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	2.91M	shares	1 Quarter
Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	3.10M	shares	3 Qtrs

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$633.99K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$472.03K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$297.76K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$273.86K	USD	1 Quarter
Depreciation	`Depreciation`	$19.55K	USD	3 Qtrs
Depreciation	`Depreciation`	$25.24K	USD	3 Qtrs
Amortization of right to use asset - operating lease	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$76.84K	USD	3 Qtrs
Amortization of right to use asset - operating lease	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$84.73K	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	$670.43K	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	$389.58K	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	$79.94K	USD	1 Quarter
Bad debt expense	`BadDebtExpense`	$306.38K	USD	1 Quarter
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-100.95K	USD	3 Qtrs
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-61.65K	USD	3 Qtrs
Options issued for services	`OptionsIssuedForServices`	$26.00K	USD	3 Qtrs
Options issued for services	`OptionsIssuedForServices`	$20.22K	USD	3 Qtrs
Warrants issued for services	`WarrantsIssuedForServices`	$-27.20K	USD	3 Qtrs
Warrants issued for services	`WarrantsIssuedForServices`	$-9.28K	USD	3 Qtrs
(Increase)/Decrease in premium finance contracts	`IncreasedecreaseInPremiumFinanceContracts`	$2.17M	USD	3 Qtrs
(Increase)/Decrease in premium finance contracts	`IncreasedecreaseInPremiumFinanceContracts`	$10.67M	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$67.09K	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$109.84K	USD	3 Qtrs
(Increase)/Decrease in deferred tax asset, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$125.00K	USD	3 Qtrs
(Increase)/Decrease in deferred tax asset, net	`IncreaseDecreaseInDeferredIncomeTaxes`	$20.00K	USD	3 Qtrs
Increase/(Decrease) in drafts payable	`IncreaseDecreaseInBookOverdrafts`	$403.18K	USD	3 Qtrs
Increase/(Decrease) in drafts payable	`IncreaseDecreaseInBookOverdrafts`	$121.86K	USD	3 Qtrs
Increase/(Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$186.19K	USD	3 Qtrs
Increase/(Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$102.28K	USD	3 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-76.84K	USD	3 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-84.73K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.93M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-962.09K	USD	3 Qtrs
Payments made on life insurance policy	`PaymentsToAcquireLifeInsurancePolicies`	$35.63K	USD	3 Qtrs
Payments made on life insurance policy	`PaymentsToAcquireLifeInsurancePolicies`	$33.10K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$6.39K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.88K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.48K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-69.51K	USD	3 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$80.00K	USD	3 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$493.00K	USD	3 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentsOfRelatedPartyDebt`	-	USD	3 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentsOfRelatedPartyDebt`	$25.00K	USD	3 Qtrs
Proceeds from PPP Loan	`ProceedsFromPppLoan`	$271.00K	USD	3 Qtrs
Proceeds from PPP Loan	`ProceedsFromPppLoan`	-	USD	3 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$522.45K	USD	3 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$7.38M	USD	3 Qtrs
Dividends paid	`DividendDistributionsPaid`	$51.98K	USD	3 Qtrs
Dividends paid	`DividendDistributionsPaid`	$33.25K	USD	3 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	3 Qtrs
Proceeds from sale of preferred stock	`ProceedsFromIssuanceOrSaleOfEquity`	$320.00K	USD	3 Qtrs
Proceeds from notes payable - other	`ProceedsFromSecuredNotesPayable`	$866.43K	USD	3 Qtrs
Proceeds from notes payable - other	`ProceedsFromSecuredNotesPayable`	$150.00K	USD	3 Qtrs
Repayment of notes payable - other	`ProceedsFromRepaymentsOfNotesPayable`	$-55.00K	USD	3 Qtrs
Repayment of notes payable - other	`ProceedsFromRepaymentsOfNotesPayable`	$-300.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.01M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.60M	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-395.88K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$8.62K	USD	3 Qtrs
CASH AT THE BEGINNING OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$81.41K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$354.23K	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`	$477.29K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$81.41K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashAndCashEquivalentsAtCarryingValue`	$354.23K	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`	$477.29K	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$271.28K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$359.07K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$1.21M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$1.28M	USD	3 Qtrs
Debt issued to retire common stock	`DebtIssuedToRetireCommonStock`	-	USD	3 Qtrs
Debt issued to retire common stock	`DebtIssuedToRetireCommonStock`	$480.00K	USD	3 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	$70.00K	USD	3 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	-	USD	3 Qtrs
Operating lease asset obtained in exchange for operating lease liability	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	-	USD	3 Qtrs
Operating lease asset obtained in exchange for operating lease liability	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	$235.34K	USD	3 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$3.68M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.01M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.08M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.01M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$2.74M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.86M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.48M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.30M	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`	$2.89K	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
Distributions (preferred shares)	`DistributionsPreferredShares`	$-17.32K	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`	$-12.25K	USD	1 Quarter
Distributions (preferred shares)	`DistributionsPreferredShares`	$-10.50K	USD	1 Quarter
Sale of preferred stock	`SaleOfPreferredStock`	$200.00K	USD	1 Quarter
Series A Convertible Preferred Stock issued in exchange for note payable and cash	`SeriesConvertiblePreferredStockIssuedInExchangeForNotePayableAndCash`	$190.00K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForService`	$27.20K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForService`	$9.28K	USD	1 Quarter
Net income	`ProfitLoss`	$155.97K	USD	1 Quarter
Net income	`ProfitLoss`	$46.87K	USD	1 Quarter
Net income	`ProfitLoss`	$297.76K	USD	1 Quarter
Net income	`ProfitLoss`	$273.86K	USD	1 Quarter
Net income	`ProfitLoss`	$151.31K	USD	1 Quarter
Net income	`ProfitLoss`	$180.25K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$3.68M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.01M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.08M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.01M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$2.74M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.86M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.48M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.30M	USD	Point-in-time

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