10-K Filing

Kaival Brands Innovations Group, Inc. CIK: 1762239 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001731122-24-000237`
Period End Date	20231031
Filing Date	20240214
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	e5407_10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 46 Cash Flow Statement 94 Stockholders Equity 22

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$533.66K	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.83M	USD	Point-in-time
Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.69M	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$574.61K	USD	Point-in-time
Accounts receivable	`AccountsReceivableNetCurrent`	$1.87M	USD	Point-in-time
Other receivable - related party - short term	`OtherReceivablesNetCurrent`	-	USD	Point-in-time
Other receivable - related party - short term	`OtherReceivablesNetCurrent`	$1.54M	USD	Point-in-time
Inventories, net	`InventoryNet`	$4.07M	USD	Point-in-time
Inventories, net	`InventoryNet`	$1.24M	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, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$430.67K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$426.41K	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	-	USD	Point-in-time
Income tax receivable	`IncomeTaxReceivable`	$1.61M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.67M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	2.79M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$6.91M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.67M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$9.07M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	2.79M	shares	Point-in-time
Fixed assets, net	`OtherAssetsNoncurrent`	$2.84K	USD	Point-in-time
Fixed assets, net	`OtherAssetsNoncurrent`	-	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNonCurrent`	$11.47M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNonCurrent`	-	USD	Point-in-time
Other receivable - related party - net of current portion	`OtherReceivables`	$2.16M	USD	Point-in-time
Other receivable - related party - net of current portion	`OtherReceivables`	-	USD	Point-in-time
Right of use asset - operating lease	`OperatingLeaseRightOfUseAsset`	$1.20M	USD	Point-in-time
Right of use asset - operating lease	`OperatingLeaseRightOfUseAsset`	$1.01M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$12.44M	USD	Point-in-time
TOTAL ASSETS	`Assets`	$19.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$40.02K	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$374.33K	USD	Point-in-time
Accounts payable - related party	`DueToOtherRelatedPartyClassifiedCurrent`	-	USD	Point-in-time
Accounts payable - related party	`DueToOtherRelatedPartyClassifiedCurrent`	$2.47M	USD	Point-in-time
Loans payable, net	`LoansPayableCurrent`	$799.47K	USD	Point-in-time
Loans payable, net	`LoansPayableCurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.10M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$736.19K	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	-	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$44.97K	USD	Point-in-time
Customer refund due	`CustomerRefundLiabilityCurrent`	-	USD	Point-in-time
Customer refund due	`CustomerRefundLiabilityCurrent`	$392.41K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$235.27K	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	-	USD	Point-in-time
Operating lease obligation - short term	`OperatingLeaseLiabilityCurrent`	$184.57K	USD	Point-in-time
Operating lease obligation - short term	`OperatingLeaseLiabilityCurrent`	$166.05K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.59M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.96M	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$1.05M	USD	Point-in-time
Operating lease obligation, net of current portion	`OperatingLeaseLiabilityNoncurrent`	$866.21K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.64M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$5.83M	USD	Point-in-time
Common stock ($0.001 par value, 1,000,000,000 shares authorized, 2,793,529 and 2,674,718 shares issued and outstanding as of October 31, 2023 and October 31, 2022, respectively)	`CommonStockValue`	$2.67K	USD	Point-in-time
Common stock ($0.001 par value, 1,000,000,000 shares authorized, 2,793,529 and 2,674,718 shares issued and outstanding as of October 31, 2023 and October 31, 2022, respectively)	`CommonStockValue`	$2.79K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$29.43M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$44.32M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-19.63M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-30.76M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$9.80M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$13.56M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$16.32M	USD	Point-in-time
TOTAL LIABILITIES & EQUITY	`LiabilitiesAndStockholdersEquity`	$19.39M	USD	Point-in-time
TOTAL LIABILITIES & EQUITY	`LiabilitiesAndStockholdersEquity`	$12.44M	USD	Point-in-time

Income Statement 46 line items

Line Item	Tag	Value	Unit	Period
Net loss per common share basic	`EarningsPerShareBasic`	$-7.60	USD	Annual
Net loss per common share basic	`EarningsPerShareBasic`	$-4.13	USD	Annual
Revenues, net	`Revenue`	$12.70M	USD	Annual
Net loss per common share diluted	`EarningsPerShareDiluted`	$-7.60	USD	Annual
Net loss per common share diluted	`EarningsPerShareDiluted`	$-4.13	USD	Annual
Revenues, net	`Revenue`	$12.40M	USD	Annual
Weighted average number of common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	2.72M	shares	Annual
Revenues - related party	`RevenueFromRelatedParty`	$68.14K	USD	Annual
Weighted average number of common shares outstanding, basic	`WeightedAverageNumberOfSharesOutstandingBasic`	1.89M	shares	Annual
Revenues - related party	`RevenueFromRelatedParty`	$10.83K	USD	Annual
Royalty revenue	`RoyaltyRevenue`	$117.29K	USD	Annual
Weighted average number of common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.89M	shares	Annual
Royalty revenue	`RoyaltyRevenue`	$780.93K	USD	Annual
Weighted average number of common shares outstanding, diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	2.72M	shares	Annual
Excise tax on products	`ExciseTaxOnProducts`	$125.51K	USD	Annual
Excise tax on products	`ExciseTaxOnProducts`	$99.87K	USD	Annual
Total revenues, net	`Revenues`	$13.09M	USD	Annual
Total revenues, net	`Revenues`	$12.76M	USD	Annual
Cost of revenue - related party	`CostOfRevenueRelatedParty`	$10.51M	USD	Annual
Cost of revenue - related party	`CostOfRevenueRelatedParty`	$11.35M	USD	Annual
Cost of revenue - other	`OtherCostOfOperatingRevenue`	-	USD	Annual
Cost of revenue - other	`OtherCostOfOperatingRevenue`	$174.52K	USD	Annual
Total cost of revenue	`CostOfRevenue`	$11.52M	USD	Annual
Total cost of revenue	`CostOfRevenue`	$10.51M	USD	Annual
Gross profit	`GrossProfit`	$2.57M	USD	Annual
Gross profit	`GrossProfit`	$1.24M	USD	Annual
Advertising and promotion	`MarketingAndAdvertisingExpense`	$2.68M	USD	Annual
Advertising and promotion	`MarketingAndAdvertisingExpense`	$2.45M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$10.79M	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$12.95M	USD	Annual
Total operating expenses	`OperatingExpenses`	$15.63M	USD	Annual
Total operating expenses	`OperatingExpenses`	$13.24M	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$4.00	USD	Annual
Interest expense, net	`InterestIncomeExpenseNet`	$-466.52K	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$4.00	USD	Annual
Total other income (expense)	`NonoperatingIncomeExpense`	$-466.52K	USD	Annual
Loss before income taxes provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-11.13M	USD	Annual
Loss before income taxes provision	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.39M	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$-18.32K	USD	Annual
Provision for (benefit from) income taxes	`IncomeTaxExpenseBenefit`	$2.35K	USD	Annual
Net loss	`NetIncomeLoss`	$-14.37M	USD	Annual
Net loss	`NetIncomeLoss`	$-11.13M	USD	Annual
Preferred stock dividend	`PreferredStockDividend`	$112.50K	USD	Annual
Preferred stock dividend	`PreferredStockDividend`	-	USD	Annual
Net loss attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-11.25M	USD	Annual
Net loss attributable to common shareholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.37M	USD	Annual

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-14.37M	USD	Annual
Net loss	`NetIncomeLoss`	$-11.13M	USD	Annual
Stock based compensation	`AllocatedShareBasedCompensationExpense`	-	USD	Annual
Stock based compensation	`AllocatedShareBasedCompensationExpense`	$237.70K	USD	Annual
Stock options expense	`StockOptionsExpense`	$6.04M	USD	Annual
Stock options expense	`StockOptionsExpense`	$3.17M	USD	Annual
Stock warrants expense	`StockWarrantsExpense`	$218.91K	USD	Annual
Stock warrants expense	`StockWarrantsExpense`	-	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$328.30K	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	-	USD	Annual
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	-	USD	Annual
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$463.16K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	$47.73K	USD	Annual
Bad debt expense	`ProvisionForDoubtfulAccounts`	-	USD	Annual
ROU operating lease expense	`RouOperatingLeaseExpense`	$132.89K	USD	Annual
ROU operating lease expense	`RouOperatingLeaseExpense`	$190.54K	USD	Annual
Inventory reserve	`InventoryLIFOReserveEffectOnIncomeNet`	$381.51K	USD	Annual
Inventory reserve	`InventoryLIFOReserveEffectOnIncomeNet`	-	USD	Annual
Write-off of inventory	`ProductionRelatedImpairmentsOrCharges`	$259.56K	USD	Annual
Write-off of inventory	`ProductionRelatedImpairmentsOrCharges`	$105.06K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-1.41M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$1.34M	USD	Annual
Other receivable - related party	`IncreaseDecreaseInOtherReceivables`	$-3.70M	USD	Annual
Other receivable - related party	`IncreaseDecreaseInOtherReceivables`	$3.70M	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$-325.74K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$106.88K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-13.83M	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$3.32M	USD	Annual
Inventory deposit - related party	`IncreaseDecreaseInInventoryDepositRelatedParty`	-	USD	Annual
Inventory deposit - related party	`IncreaseDecreaseInInventoryDepositRelatedParty`	$2.92M	USD	Annual
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-146.29K	USD	Annual
Income tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-1.61M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountPayable`	$-202.81K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountPayable`	$334.31K	USD	Annual
Accounts payable - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$2.47M	USD	Annual
Accounts payable - related party	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-12.67M	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-475.46K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$519.55K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-235.27K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$235.27K	USD	Annual
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$44.97K	USD	Annual
Customer deposits	`IncreaseDecreaseInContractWithCustomerLiability`	$-44.97K	USD	Annual
Customer refunds due	`IncreaseDecreaseInCustomerRefundDue`	$-392.41K	USD	Annual
Customer refunds due	`IncreaseDecreaseInCustomerRefundDue`	$316.80K	USD	Annual
Right of use liabilities - operating lease	`IncreaseDecreaseInOperatingLeaseLiability`	$-118.63K	USD	Annual
Right of use liabilities - operating lease	`IncreaseDecreaseInOperatingLeaseLiability`	$-166.05K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.97M	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.71M	USD	Annual
Cash paid for equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	-	USD	Annual
Cash paid for equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.48K	USD	Annual
Transaction acquisition costs	`TransactionAcquisitionCosts`	-	USD	Annual
Transaction acquisition costs	`TransactionAcquisitionCosts`	$312.29K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-315.77K	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from the exercise of warrants	`ProceedsFromWarrantExercises`	$1.63M	USD	Annual
Settled RSU shares with cash	`SettledRsusWithCash`	$59.86K	USD	Annual
Settled RSU shares with cash	`SettledRsusWithCash`	-	USD	Annual
Proceeds from loans payable	`ProceedsFromConstructionLoansPayable`	$1.27M	USD	Annual
Proceeds from loans payable	`ProceedsFromConstructionLoansPayable`	-	USD	Annual
Payments on loans payable	`PaymentsForProceedsFromLoansPayable`	$1.14M	USD	Annual
Payments on loans payable	`PaymentsForProceedsFromLoansPayable`	-	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.57M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$136.79K	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-3.15M	USD	Annual
Net change in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-4.14M	USD	Annual
Beginning cash balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$533.66K	USD	Point-in-time
Beginning cash balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.83M	USD	Point-in-time
Beginning cash balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.69M	USD	Point-in-time
Ending cash balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$533.66K	USD	Point-in-time
Ending cash balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.83M	USD	Point-in-time
Ending cash balance	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.69M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$3.36K	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Common shares issued for acquisition of intangible assets	`StockIssued1`	-	USD	Annual
Common shares issued for acquisition of intangible assets	`StockIssued1`	$1.12M	USD	Annual
Common shares issued for services-transaction cost	`CommonSharesIssuedForServicestransactionCost`	-	USD	Annual
Common shares issued for services-transaction cost	`CommonSharesIssuedForServicestransactionCost`	$51.51K	USD	Annual
Series B preferred stock shares issued for acquisition of intangible assets	`PreferredStockSeriesBSharesIssuedForIntangibleAsset`	$9.05M	USD	Annual
Series B preferred stock shares issued for acquisition of intangible assets	`PreferredStockSeriesBSharesIssuedForIntangibleAsset`	-	USD	Annual
Stock warrants issued for acquisition of intangible assets	`StockWarrantsIssuedForIntangibleAsset`	-	USD	Annual
Stock warrants issued for acquisition of intangible assets	`StockWarrantsIssuedForIntangibleAsset`	$1.26M	USD	Annual
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	-	USD	Annual
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$112.50K	USD	Annual
Insurance financed by third party	`InsuranceFinancedByThirdParty`	-	USD	Annual
Insurance financed by third party	`InsuranceFinancedByThirdParty`	$330.00K	USD	Annual
Common stock issued for note payable financing	`CommonStockIssuedForNotePayableFinancing`	-	USD	Annual
Common stock issued for note payable financing	`CommonStockIssuedForNotePayableFinancing`	$130.48K	USD	Annual
Conversion of Series A Preferred Stock Shares to Common Stock Shares	`ConversionOfSeriesPreferredStockSharesToCommonStockShares`	$25.00K	USD	Annual
Conversion of Series A Preferred Stock Shares to Common Stock Shares	`ConversionOfSeriesPreferredStockSharesToCommonStockShares`	-	USD	Annual
New ROU leased asset recognized	`NewRouLeasedAssetRecognized`	-	USD	Annual
New ROU leased asset recognized	`NewRouLeasedAssetRecognized`	$1.28M	USD	Annual

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning balance, value	`StockholdersEquity`	$9.80M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$13.56M	USD	Point-in-time
Beginning balance, value	`StockholdersEquity`	$16.32M	USD	Point-in-time
Common shares issued for purchase of intangible assets	`CommonSharesIssuedForPurchaseOfIntangibleAssets`	$1.12M	USD	Annual
Preferred series B shares issued for purchase of intangible assets	`PreferredSeriesBSharesIssuedForPurchaseOfIntangibleAssets`	$9.05M	USD	Annual
Stock warrants issued for purchase of intangible assets	`StockWarrantsIssuedForPurchaseOfIntangibleAssets`	$1.26M	USD	Annual
Common shares issued for services	`CommonSharesIssuedForServices`	$51.51K	USD	Annual
Common shares issued for loan	`CommonSharesIssuedForLoan`	$130.48K	USD	Annual
Stock Issued for Services - RSUs	`StockIssuedDuringPeriodValueIssuedForServices`	$172.38K	USD	Annual
Common shares settled and cancelled	`CommonSharesSettledAndCancelled`	$-59.86K	USD	Annual
Common stock issued for compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$65.32K	USD	Annual
Exercise of common stock warrants	`ExerciseOfCommonStockWarrants`	$1.63M	USD	Annual
Converted Series A Convertible Preferred Stock	`ConvertedSeriesConvertiblePreferredStock`	-	USD	Annual
Stock option expense	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense`	$3.17M	USD	Annual
Stock option expense	`StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense`	$6.04M	USD	Annual
Stock warrant expense	`StockIssuedDuringPeriodValueStockWarrantExpense`	$218.91K	USD	Annual
Preferred stock dividend	`PreferredStockDividendsIncomeStatementsImpact`	$112.50K	USD	Annual
Net loss	`ProfitLoss`	$-14.37M	USD	Annual
Net loss	`ProfitLoss`	$-11.13M	USD	Annual
Ending balance, value	`StockholdersEquity`	$9.80M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$13.56M	USD	Point-in-time
Ending balance, value	`StockholdersEquity`	$16.32M	USD	Point-in-time

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