10-Q Filing

Red Cat Holdings, Inc. CIK: 748268 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001554795-22-000405`
Period End Date	20221031
Filing Date	20221215
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	rcat1215form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 70 Cash Flow Statement 86 Stockholders Equity 41

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Cash	`Cash`	$1.58M	USD	Point-in-time
Cash	`Cash`	$4.08M	USD	Point-in-time
Cash	`Cash`	$277.35K	USD	Point-in-time
Cash	`Cash`	$11.56M	USD	Point-in-time
Marketable securities	`Investments`	$44.79M	USD	Point-in-time
Marketable securities	`Investments`	$31.30M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$495.51K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$917.80K	USD	Point-in-time
Inventory	`InventoryNet`	$3.90M	USD	Point-in-time
Inventory	`InventoryNet`	$6.56M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$4.45M	USD	Point-in-time
Other	`OtherAssetsCurrent`	$2.35M	USD	Point-in-time
Due from related party	`DueFromRelatedPartiesCurrent`	-	USD	Point-in-time
Due from related party	`DueFromRelatedPartiesCurrent`	$31.85K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$44.82M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$55.65M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	54.23M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	53.75M	shares	Point-in-time
Goodwill	`Goodwill`	$25.14M	USD	Point-in-time
Goodwill	`Goodwill`	$19.84M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$2.70M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.78M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.70M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$511.69K	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$57.03K	USD	Point-in-time
Other	`OtherAssetsNoncurrent`	$57.03K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$852.07K	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$1.02M	USD	Point-in-time
Total long term assets	`AssetsNoncurrent`	$29.43M	USD	Point-in-time
Total long term assets	`AssetsNoncurrent`	$30.23M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$75.04M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$85.08M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.65M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.08M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$541.10K	USD	Point-in-time
Debt obligations - short term	`ShortTermBorrowings`	$895.26K	USD	Point-in-time
Debt obligations - short term	`ShortTermBorrowings`	$956.90K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	-	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent`	$40.06K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$123.31K	USD	Point-in-time
Customer deposits	`ContractWithCustomerLiabilityCurrent`	$437.93K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$293.80K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$298.61K	USD	Point-in-time
Warrant derivative liability	`DerivativeLiabilitiesCurrent`	$1.01M	USD	Point-in-time
Warrant derivative liability	`DerivativeLiabilitiesCurrent`	$2.81M	USD	Point-in-time
Warrant derivative liability	`DerivativeLiabilitiesCurrent`	$1.61M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.44M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.52M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$749.83K	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$601.24K	USD	Point-in-time
Debt obligations - long term	`LongTermDebtNoncurrent`	$694.58K	USD	Point-in-time
Debt obligations - long term	`LongTermDebtNoncurrent`	$973.71K	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$1.72M	USD	Point-in-time
Total long term liabilities	`LiabilitiesNoncurrent`	$1.30M	USD	Point-in-time
Series B preferred stock - shares authorized 4,300,000; outstanding 986,676 and 986,676	`PreferredStockValueSeriesB`	$9.87K	USD	Point-in-time
Series B preferred stock - shares authorized 4,300,000; outstanding 986,676 and 986,676	`PreferredStockValueSeriesB`	$9.87K	USD	Point-in-time
Common stock - shares authorized 500,000,000; outstanding 54,229,539 and 53,748,735	`CommonStockValue`	$53.75K	USD	Point-in-time
Common stock - shares authorized 500,000,000; outstanding 54,229,539 and 53,748,735	`CommonStockValue`	$54.23K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$106.82M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$108.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-27.50M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-37.56M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.69M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.47M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$77.92M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$5.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$77.22M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$69.23M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$74.91M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$85.53M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$85.08M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$75.04M	USD	Point-in-time

Income Statement 70 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$1.86M	USD	1 Quarter
Revenues	`Revenues`	$4.60M	USD	2 Qtrs
Revenues	`Revenues`	$3.26M	USD	2 Qtrs
Revenues	`Revenues`	$1.53M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.71M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$4.01M	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsAndServicesSold`	$1.30M	USD	1 Quarter
Cost of goods sold	`CostOfGoodsAndServicesSold`	$3.01M	USD	2 Qtrs
Gross Margin	`GrossProfit`	$254.99K	USD	2 Qtrs
Gross Margin	`GrossProfit`	$591.28K	USD	2 Qtrs
Gross Margin	`GrossProfit`	$233.66K	USD	1 Quarter
Gross Margin	`GrossProfit`	$152.58K	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$2.80M	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$460.11K	USD	2 Qtrs
Operations	`OtherCostAndExpenseOperating`	$1.75M	USD	1 Quarter
Operations	`OtherCostAndExpenseOperating`	$283.25K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$1.35M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$493.44K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$737.70K	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$1.89M	USD	2 Qtrs
Sales and marketing	`MarketingAndAdvertisingExpense`	$731.77K	USD	1 Quarter
Sales and marketing	`MarketingAndAdvertisingExpense`	$1.33M	USD	2 Qtrs
Sales and marketing	`MarketingAndAdvertisingExpense`	$185.38K	USD	1 Quarter
Sales and marketing	`MarketingAndAdvertisingExpense`	$286.02K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.92M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.05M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.93M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.04M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$1.28M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$2.00M	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$899.94K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$2.91M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$11.06M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$4.69M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$7.01M	USD	1 Quarter
Operating loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-4.44M	USD	2 Qtrs
Operating loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-2.76M	USD	1 Quarter
Operating loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-6.77M	USD	1 Quarter
Operating loss	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-10.47M	USD	2 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$273.06K	USD	2 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$686.74K	USD	1 Quarter
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$118.81K	USD	1 Quarter
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$593.82K	USD	2 Qtrs
Investment income, net	`InvestmentIncomeNet`	$-38.45K	USD	2 Qtrs
Investment income, net	`InvestmentIncomeNet`	$-38.45K	USD	1 Quarter
Investment income, net	`InvestmentIncomeNet`	$103.82K	USD	1 Quarter
Investment income, net	`InvestmentIncomeNet`	$234.11K	USD	2 Qtrs
Interest expense	`InterestExpense`	$68.17K	USD	2 Qtrs
Interest expense	`InterestExpense`	$63.12K	USD	2 Qtrs
Interest expense	`InterestExpense`	$32.48K	USD	1 Quarter
Interest expense	`InterestExpense`	$46.02K	USD	1 Quarter
Other, net	`OtherNonrecurringIncomeExpense`	$30.12K	USD	2 Qtrs
Other, net	`OtherNonrecurringIncomeExpense`	$14.81K	USD	1 Quarter
Other, net	`OtherNonrecurringIncomeExpense`	$345.01K	USD	2 Qtrs
Other, net	`OtherNonrecurringIncomeExpense`	$230.22K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.30M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.56M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.74M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.06M	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDilutedRCAT`	$-0.19	USD	2 Qtrs
Loss per share - basic and diluted	`EarningsPerShareBasicAndDilutedRCAT`	$-0.05	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDilutedRCAT`	$-0.12	USD	1 Quarter
Loss per share - basic and diluted	`EarningsPerShareBasicAndDilutedRCAT`	$-0.10	USD	2 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDilutedRCAT`	53.93M	shares	2 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDilutedRCAT`	43.11M	shares	2 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDilutedRCAT`	54.08M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDilutedRCAT`	52.15M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-4.30M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.56M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.74M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.06M	USD	2 Qtrs
Stock based compensation - options	`ShareBasedCompensationOptions`	$505.82K	USD	2 Qtrs
Stock based compensation - options	`ShareBasedCompensationOptions`	$890.71K	USD	2 Qtrs
Stock based compensation - restricted units	`StockAwardsNonEmployees`	$1.11M	USD	2 Qtrs
Stock based compensation - restricted units	`StockAwardsNonEmployees`	$778.20K	USD	2 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$250.40K	USD	2 Qtrs
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$219.79K	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$32.65K	USD	2 Qtrs
Realized loss from sale of marketable securities	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$28.42K	USD	2 Qtrs
Realized loss from sale of marketable securities	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	-	USD	2 Qtrs
Depreciation	`Depreciation`	$91.80K	USD	2 Qtrs
Depreciation	`Depreciation`	$5.46K	USD	2 Qtrs
Change in fair value of derivative	`IncreaseDecreaseInDerivativeLiabilities`	$-273.06K	USD	2 Qtrs
Change in fair value of derivative	`IncreaseDecreaseInDerivativeLiabilities`	$-593.82K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-422.30K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$27.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-2.66M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-319.12K	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherCurrentAssets`	$-2.10M	USD	2 Qtrs
Other	`IncreaseDecreaseInOtherCurrentAssets`	$-3.81M	USD	2 Qtrs
Operating lease right-of-use assets and liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$23.49K	USD	2 Qtrs
Operating lease right-of-use assets and liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$10.89K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$8.75K	USD	2 Qtrs
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-314.62K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-976.68K	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$630.59K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-505.34K	USD	2 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-380.90K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.57M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-13.53M	USD	2 Qtrs
Cash acquired through acquisitions	`CashAcquiredFromAcquisition`	$24.87K	USD	2 Qtrs
Cash acquired through acquisitions	`CashAcquiredFromAcquisition`	-	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$1.28M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireProductiveAssets`	$30.15K	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$1.86M	USD	2 Qtrs
Proceeds from maturities of marketable securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$13.24M	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireInvestments`	-	USD	2 Qtrs
Purchases of marketable securities	`PaymentsToAcquireInvestments`	$49.98M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-48.13M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$11.96M	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises1`	$100.00K	USD	2 Qtrs
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises1`	-	USD	2 Qtrs
Payments under related party obligations	`RepaymentsOfRelatedPartyDebt`	$1.87M	USD	2 Qtrs
Payments under related party obligations	`RepaymentsOfRelatedPartyDebt`	$40.06K	USD	2 Qtrs
Payments under debt obligations	`RepaymentsOfDebt`	$340.77K	USD	2 Qtrs
Payments under debt obligations	`RepaymentsOfDebt`	$320.96K	USD	2 Qtrs
Payments of taxes related to equity transactions	`PaymentsForOtherTaxes`	$561.41K	USD	2 Qtrs
Payments of taxes related to equity transactions	`PaymentsForOtherTaxes`	-	USD	2 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	$70.07M	USD	2 Qtrs
Proceeds from issuance of common stock, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$67.98M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-928.83K	USD	2 Qtrs
Net (decrease) increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.50M	USD	2 Qtrs
Net (decrease) increase in Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.28M	USD	2 Qtrs
Cash, beginning of period	`Cash`	$1.58M	USD	Point-in-time
Cash, beginning of period	`Cash`	$4.08M	USD	Point-in-time
Cash, beginning of period	`Cash`	$277.35K	USD	Point-in-time
Cash, beginning of period	`Cash`	$11.56M	USD	Point-in-time
Cash, end of period	`Cash`	$1.58M	USD	Point-in-time
Cash, end of period	`Cash`	$4.08M	USD	Point-in-time
Cash, end of period	`Cash`	$277.35K	USD	Point-in-time
Cash, end of period	`Cash`	$11.56M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$26.18K	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$62.86K	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Fair value of shares issued in acquisitions	`StockIssued1`	-	USD	2 Qtrs
Fair value of shares issued in acquisitions	`StockIssued1`	$12.73M	USD	2 Qtrs
Unrealized loss on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent`	$217.23K	USD	2 Qtrs
Unrealized loss on marketable securities	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentBeforeTaxPortionAttributableToParent`	-	USD	2 Qtrs
Elimination of derivative liability	`EliminationOfDerivativeLiability`	$163.14K	USD	2 Qtrs
Elimination of derivative liability	`EliminationOfDerivativeLiability`	-	USD	2 Qtrs
Indirect payment to related party	`IndirectPaymentToRelatedParty`	-	USD	2 Qtrs
Indirect payment to related party	`IndirectPaymentToRelatedParty`	$132.20K	USD	2 Qtrs
Shares withheld as payment of note receivable	`SharesWithheldAsPaymentOfNoteReceivable`	-	USD	2 Qtrs
Shares withheld as payment of note receivable	`SharesWithheldAsPaymentOfNoteReceivable`	$18.45K	USD	2 Qtrs
Conversion of preferred stock into common stock	`ConversionOfPreferredStockIntoCommonStock`	$11.41K	USD	2 Qtrs
Conversion of preferred stock into common stock	`ConversionOfPreferredStockIntoCommonStock`	-	USD	2 Qtrs
Taxes related to net share settlement of equity awards	`TaxesRelatedToNetShareSettlementOfEquityAwards`	-	USD	2 Qtrs
Taxes related to net share settlement of equity awards	`TaxesRelatedToNetShareSettlementOfEquityAwards`	$9.45K	USD	2 Qtrs

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Payments of Stock Issuance Costs	`PaymentsOfStockIssuanceCosts`	$5.96M	USD	1 Quarter
Beginning balance, value	`StockholdersEquity`	$77.92M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$5.27M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$77.22M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$69.23M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$74.91M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$85.53M	USD	Point-in-time
Acquisition of Skypersonic	`StockIssuedDuringPeriodValueAcquisitions1`	$84.37K	USD	1 Quarter
Acquisition of Skypersonic	`StockIssuedDuringPeriodValueAcquisitions1`	$2.63M	USD	1 Quarter
Public offerings, net of $5,959,800 of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$70.04M	USD	1 Quarter
Exercise of warrants	`ProceedsFromWarrantExercises`	$263.14K	USD	1 Quarter
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Conversion of preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$755.47K	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$384.02K	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.25M	USD	1 Quarter
Stock based compensation	`StockIssuedDuringPeriodValueShareBasedCompensation`	$899.94K	USD	1 Quarter
Vesting of restricted stock units	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue2`	$63.00	USD	1 Quarter
Vesting of restricted stock units	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue2`	$-332.38K	USD	1 Quarter
Vesting of restricted stock units	`SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue2`	$-84.08K	USD	1 Quarter
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$192.00K	USD	1 Quarter
Shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$58.40K	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$922.00	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$352.00	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$669.00	USD	1 Quarter
Currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.26K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.30M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-1.56M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-6.24M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-2.74M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-3.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-10.06M	USD	2 Qtrs
Acquisition of Teal Drones	`StockIssuedDuringPeriodValueAcquisitions2`	$10.01M	USD	1 Quarter
Unrealized loss on marketable securities	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-350.81K	USD	1 Quarter
Unrealized loss on marketable securities	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$133.58K	USD	1 Quarter
Ending balance, value	`StockholdersEquity`	$77.92M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$5.27M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$77.22M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$69.23M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$74.91M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$85.53M	USD	Point-in-time

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