10-Q Filing

STANDARD PREMIUM FINANCE HOLDINGS, INC. CIK: 1807893 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001553350-22-000896`
Period End Date	20220930
Filing Date	20221114
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	spfx_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 94 Income Statement 76 Cash Flow Statement 86 Stockholders Equity 39

Balance Sheet 94 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`	$96.85K	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`	$20.99K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	166,000.00	shares	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$33.91M	USD	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$38.80M	USD	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$46.67M	USD	Point-in-time
Premium finance contracts and related receivable, net	`PremiumFinanceContractsAndRelatedReceivableNet`	$52.68M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	99,000.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$199.60K	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	99,000.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	166,000.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$538.14K	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 CURRENT ASSETS	`AssetsCurrent`	$47.23M	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$52.97M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$83.79K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
PROPERTY AND EQUIPMENT, NET	`PropertyPlantAndEquipmentNet`	$85.82K	USD	Point-in-time
OPERATING LEASE ASSETS	`OperatingLeaseRightOfUseAsset`	$228.95K	USD	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`	$224.32K	USD	Point-in-time
FINANCE LEASE ASSETS	`FinanceLeaseRightOfUseAsset`	$55.23K	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
FINANCE LEASE ASSETS	`FinanceLeaseRightOfUseAsset`	$65.18K	USD	Point-in-time
Cash surrender value of life insurance	`CashSurrenderValueOfLifeInsurance`	$596.09K	USD	Point-in-time
Cash surrender value of life insurance	`CashSurrenderValueOfLifeInsurance`	$559.88K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$344.00K	USD	Point-in-time
Deferred tax asset	`DeferredIncomeTaxAssetsNet`	$347.00K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$906.88K	USD	Point-in-time
TOTAL OTHER ASSETS	`OtherAssets`	$940.09K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$48.52M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$54.28M	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	$153.26K	USD	Point-in-time
Cash overdraft	`BankOverdrafts`	-	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$30.48M	USD	Point-in-time
Line of credit, net	`LinesOfCreditCurrent`	$35.36M	USD	Point-in-time
Drafts payable	`DraftsPayable`	$1.94M	USD	Point-in-time
Drafts payable	`DraftsPayable`	$2.14M	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$896.76K	USD	Point-in-time
Note payable - current portion	`NotesPayableCurrent`	$2.29M	USD	Point-in-time
Note payable - stockholders and related parties - current portion	`NotesPayableRelatedPartiesClassifiedCurrent`	$37.00K	USD	Point-in-time
Note payable - stockholders and related parties - current portion	`NotesPayableRelatedPartiesClassifiedCurrent`	$862.00K	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanCurrentPortion`	$271.00K	USD	Point-in-time
Payroll Protection Program loan - current portion	`PayrollProtectionProgramLoanCurrentPortion`	$91.62K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$120.79K	USD	Point-in-time
Operating lease obligation - current portion	`OperatingLeaseLiabilityCurrent`	$104.88K	USD	Point-in-time
Finance lease obligation - current portion	`FinanceLeaseLiabilityCurrent`	$12.33K	USD	Point-in-time
Finance lease obligation - current portion	`FinanceLeaseLiabilityCurrent`	$11.86K	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.51M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilities`	$1.34M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$40.00M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$37.61M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$4.96M	USD	Point-in-time
Note payable, net of current portion	`LongTermNotesPayable`	$6.37M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotesPayableRelatedPartiesNoncurrent`	$1.23M	USD	Point-in-time
Note payable - stockholders and related parties, net of current portion	`NotesPayableRelatedPartiesNoncurrent`	$1.88M	USD	Point-in-time
Payroll Protection Program loan - net of current portion	`PayrollProtectionProgramLoanNetOfCurrentPortion`	-	USD	Point-in-time
Payroll Protection Program loan - net of current portion	`PayrollProtectionProgramLoanNetOfCurrentPortion`	$146.97K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$124.07K	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$103.53K	USD	Point-in-time
Finance lease obligation, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$43.74K	USD	Point-in-time
Finance lease obligation, net of current portion	`FinanceLeaseLiabilityNoncurrent`	$53.05K	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$8.54M	USD	Point-in-time
TOTAL LONG-TERM LIABILITIES	`LiabilitiesNoncurrent`	$6.37M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$48.55M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$43.98M	USD	Point-in-time
Preferred stock, par value $.001 per share; 20 million shares authorized, 600,000 shares designated as Series A - convertible, 166,000 and 99,000 issued and outstanding at September 30, 2022 and December 31, 2021, 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, 166,000 and 99,000 issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`PreferredStockValue`	$166.00	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, 2022 and December 31, 2021, 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, 2022 and December 31, 2021, respectively	`CommonStockValue`	$2.90K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$2.68M	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$3.38M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.35M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.85M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.86M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.01M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.30M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.77M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$5.73M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$3.68M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$5.60M	USD	Point-in-time
TOTAL STOCKHOLDERS' EQUITY	`StockholdersEquity`	$4.53M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$48.52M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$54.28M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
TOTAL REVENUES	`Revenues`	$5.70M	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$2.07M	USD	1 Quarter
TOTAL REVENUES	`Revenues`	$6.04M	USD	3 Qtrs
TOTAL REVENUES	`Revenues`	$2.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$1.55M	USD	3 Qtrs
Interest expense	`InterestExpense`	$412.47K	USD	1 Quarter
Interest expense	`InterestExpense`	$641.79K	USD	1 Quarter
Interest expense	`InterestExpense`	$1.26M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$368.73K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$423.52K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$1.07M	USD	3 Qtrs
Salaries and wages	`SalariesAndWages`	$1.15M	USD	3 Qtrs
Commission expense	`LeasingCommissionsExpense`	$238.10K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$777.13K	USD	3 Qtrs
Commission expense	`LeasingCommissionsExpense`	$264.37K	USD	1 Quarter
Commission expense	`LeasingCommissionsExpense`	$762.92K	USD	3 Qtrs
Bad debts	`BadDebts`	$636.82K	USD	3 Qtrs
Bad debts	`BadDebts`	$670.43K	USD	3 Qtrs
Bad debts	`BadDebts`	$306.38K	USD	1 Quarter
Bad debts	`BadDebts`	$197.57K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$262.56K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$289.99K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$77.68K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$95.85K	USD	1 Quarter
Postage expense	`PostageExpense`	$29.36K	USD	1 Quarter
Postage expense	`PostageExpense`	$81.52K	USD	3 Qtrs
Postage expense	`PostageExpense`	$81.21K	USD	3 Qtrs
Postage expense	`PostageExpense`	$27.16K	USD	1 Quarter
Insurance expense	`OtherExpenses`	$36.02K	USD	1 Quarter
Insurance expense	`OtherExpenses`	$123.62K	USD	3 Qtrs
Insurance expense	`OtherExpenses`	$131.73K	USD	3 Qtrs
Insurance expense	`OtherExpenses`	$33.55K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$220.03K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$224.38K	USD	1 Quarter
Other operating expenses	`OtherGeneralExpense`	$604.74K	USD	3 Qtrs
Other operating expenses	`OtherGeneralExpense`	$681.47K	USD	3 Qtrs
TOTAL COSTS AND EXPENSES	`OperatingCostsAndExpenses`	$1.91M	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`	$5.28M	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$762.74K	USD	3 Qtrs
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$377.28K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$208.91K	USD	1 Quarter
INCOME BEFORE INCOME TAXES	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$835.44K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$79.52K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$54.19K	USD	1 Quarter
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$197.59K	USD	3 Qtrs
PROVISION FOR INCOME TAXES	`IncomeTaxExpenseBenefit`	$201.45K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$633.99K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$565.14K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$297.76K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$154.72K	USD	1 Quarter
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$17.32K	USD	1 Quarter
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$51.98K	USD	3 Qtrs
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$60.14K	USD	3 Qtrs
PREFFERED SHARE DIVIDENDS	`DividendsPreferredStockStock`	$25.26K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$505.00K	USD	3 Qtrs
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$129.47K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$280.44K	USD	1 Quarter
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	`NetIncomeLossAvailableToCommonStockholdersBasic`	$582.01K	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.20	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.17	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.04	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.04	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.15	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.91M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.45M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.91M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	3.45M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.91M	shares	3 Qtrs

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
NET INCOME	`NetIncomeLoss`	$633.99K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$565.14K	USD	3 Qtrs
NET INCOME	`NetIncomeLoss`	$297.76K	USD	1 Quarter
NET INCOME	`NetIncomeLoss`	$154.72K	USD	1 Quarter
Depreciation	`Depreciation`	$16.10K	USD	3 Qtrs
Depreciation	`Depreciation`	$25.24K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	$-2.17K	USD	3 Qtrs
Loss on disposal of property and equipment	`GainLossOnDispositionOfAssets`	-	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`	$75.67K	USD	3 Qtrs
Amortization of finance lease asset	`FinanceLeaseRightOfUseAssetAmortization`	$9.94K	USD	3 Qtrs
Amortization of finance lease asset	`FinanceLeaseRightOfUseAssetAmortization`	-	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	$670.43K	USD	3 Qtrs
Bad debt expense	`BadDebtExpense`	$306.38K	USD	1 Quarter
Bad debt expense	`BadDebtExpense`	$197.57K	USD	1 Quarter
Bad debt expense	`BadDebtExpense`	$636.82K	USD	3 Qtrs
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-45.16K	USD	3 Qtrs
Amortization of loan origination fees	`AmortizationOfDeferredLoanOriginationFeesNet`	$-100.95K	USD	3 Qtrs
Options issued for services	`OptionsIssuedForServices`	$12.83K	USD	3 Qtrs
Options issued for services	`OptionsIssuedForServices`	$26.00K	USD	3 Qtrs
Warrants issued for services	`AdjustmentOfWarrantsGrantedForServices`	$9.28K	USD	3 Qtrs
Warrants issued for services	`AdjustmentOfWarrantsGrantedForServices`	$10.80K	USD	3 Qtrs
(Increase)/Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-338.54K	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`	$-3.00K	USD	3 Qtrs
Increase/(Decrease) in drafts payable	`IncreaseDecreaseInBookOverdrafts`	$205.86K	USD	3 Qtrs
Increase/(Decrease) in drafts payable	`IncreaseDecreaseInBookOverdrafts`	$403.18K	USD	3 Qtrs
Increase/(Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-174.34K	USD	3 Qtrs
Increase/(Decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$102.28K	USD	3 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-75.67K	USD	3 Qtrs
Increase/(Decrease) in operating lease liability	`IncreaseDecreaseInOperatingLeaseLiability`	$-76.84K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.74M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.67M	USD	3 Qtrs
Disbursements under premium finance contracts receivable, net	`DisbursementsUnderPremiumFinanceContractsReceivableNet`	$6.64M	USD	3 Qtrs
Disbursements under premium finance contracts receivable, net	`DisbursementsUnderPremiumFinanceContractsReceivableNet`	$10.67M	USD	3 Qtrs
Payments made on life insurance policy	`PaymentsToAcquireLifeInsurancePolicies`	$35.63K	USD	3 Qtrs
Payments made on life insurance policy	`PaymentsToAcquireLifeInsurancePolicies`	$36.21K	USD	3 Qtrs
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	3 Qtrs
Sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$4.50K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$24.80K	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$33.88K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-10.74M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-6.70M	USD	3 Qtrs
Cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	$-153.26K	USD	3 Qtrs
Cash overdraft	`ProceedsFromRepaymentsOfBankOverdrafts`	-	USD	3 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$143.00K	USD	3 Qtrs
Proceeds from notes payable - stockholders and related parties	`ProceedsFromRelatedPartyDebt`	$25.00K	USD	3 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentsOfRelatedPartyDebt`	$25.00K	USD	3 Qtrs
Repayment of notes payable - stockholders and related parties	`RepaymentsOfRelatedPartyDebt`	$181.30K	USD	3 Qtrs
Repayment of finance lease obligation	`RepaymentsOfLongTermDebtAndCapitalSecurities`	-	USD	3 Qtrs
Repayment of finance lease obligation	`RepaymentsOfLongTermDebtAndCapitalSecurities`	$8.83K	USD	3 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$7.38M	USD	3 Qtrs
Proceeds of line of credit, net of repayments	`ProceedsFromRepaymentsOfLinesOfCredit`	$4.84M	USD	3 Qtrs
Proceeds from the sale of preferred stock	`ProceedsFromIssuanceOrSaleOfEquity`	$400.00K	USD	3 Qtrs
Proceeds from the sale of preferred stock	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	3 Qtrs
Repayment of PPP loan	`RepaymentOfPppLoan`	$32.41K	USD	3 Qtrs
Repayment of PPP loan	`RepaymentOfPppLoan`	-	USD	3 Qtrs
Paid-in capital	`ProceedsFromContributionsFromParent`	-	USD	3 Qtrs
Paid-in capital	`ProceedsFromContributionsFromParent`	$45.00	USD	3 Qtrs
Dividends paid	`DividendDistributionsPaid`	$60.14K	USD	3 Qtrs
Dividends paid	`DividendDistributionsPaid`	$51.98K	USD	3 Qtrs
Proceeds from notes payable - other	`ProceedsFromSecuredNotesPayable`	$505.00K	USD	3 Qtrs
Proceeds from notes payable - other	`ProceedsFromSecuredNotesPayable`	$1.22M	USD	3 Qtrs
Repayment of notes payable - other	`ProceedsFromRepaymentsOfNotesPayable`	$-236.00K	USD	3 Qtrs
Repayment of notes payable - other	`ProceedsFromRepaymentsOfNotesPayable`	$-55.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.60M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$5.10M	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-395.88K	USD	3 Qtrs
NET CHANGE IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$75.86K	USD	3 Qtrs
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.41K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.99K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.85K	USD	Point-in-time
CASH AT THE BEGINNING OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.29K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$81.41K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$20.99K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$96.85K	USD	Point-in-time
CASH AT THE END OF THE PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$477.29K	USD	Point-in-time
Income taxes	`IncomeTaxesPaidNet`	$359.07K	USD	3 Qtrs
Income taxes	`IncomeTaxesPaidNet`	$296.06K	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$1.28M	USD	3 Qtrs
Interest paid	`InterestPaidNet`	$1.48M	USD	3 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	-	USD	3 Qtrs
Debt exchanged for Series A Convertible Preferred Stock	`DebtExchangedForSeriesConvertiblePreferredStock`	$270.00K	USD	3 Qtrs
Operating lease assets obtained in exchange for lease liabilities	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	$71.04K	USD	3 Qtrs
Operating lease assets obtained in exchange for lease liabilities	`OperatingLeaseAssetObtainedInExchangeForOperatingLeaseLiability`	$235.34K	USD	3 Qtrs

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$3.86M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.01M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.30M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.77M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.73M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$3.68M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.60M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$4.53M	USD	Point-in-time
Series A Convertible Preferred Stock issued for cash	`SeriesAConvertiblePreferredStockIssuedForCash`	$400.00K	USD	1 Quarter
Series A Convertible Preferred Stock issued in exchange for note payable	`SeriesAConvertiblePreferredStockIssuedInExchangeForNotePayable`	$250.00K	USD	1 Quarter
Series A Convertible Preferred Stock issued in exchange for note payable	`SeriesAConvertiblePreferredStockIssuedInExchangeForNotePayable`	$20.00K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$5.78K	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`	$7.05K	USD	1 Quarter
Options issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$8.67K	USD	1 Quarter
Paid-in capital	`AdjustmentsToAdditionalPaidInCapitalOther`	$45.00	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForServices`	$9.28K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForServices`	$10.80K	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`	$-17.56K	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`	$-25.26K	USD	1 Quarter
Net income	`ProfitLoss`	$225.06K	USD	1 Quarter
Net income	`ProfitLoss`	$155.97K	USD	1 Quarter
Net income	`ProfitLoss`	$297.76K	USD	1 Quarter
Net income	`ProfitLoss`	$154.72K	USD	1 Quarter
Net income	`ProfitLoss`	$180.25K	USD	1 Quarter
Net income	`ProfitLoss`	$185.35K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$3.86M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.01M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.30M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.77M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.73M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$3.68M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.60M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$4.53M	USD	Point-in-time

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