10-K Filing

LogicMark, Inc. CIK: 1566826 FY 2017

Filing Information

Form Type	10-K
Accession Number	`0001213900-18-003889`
Period End Date	20171231
Filing Date	20180402
Fiscal Year	2017
Fiscal Period	FY
XBRL Instance	nxti-20171231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 89 Income Statement 42 Cash Flow Statement 155 Stockholders Equity 31

Balance Sheet 89 line items

Line Item	Tag	Value	Unit	Period
Other intangible assets, net of amortization	`OtherIntangibleAssetsAmortization`	$1.42M	USD	Point-in-time
Other intangible assets, net of amortization	`OtherIntangibleAssetsAmortization`	$318.84K	USD	Point-in-time
Convertible notes payable, net of discount	`DebtInstrumentCarryingAmount`	$1.37M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$3.30M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$418.99K	USD	Point-in-time
Convertible notes payable, net of discount	`DebtInstrumentCarryingAmount`	-	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Deferred debt issuance costs	`DeferredFinanceCostsCurrentNet`	$123.56K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$40.37K	USD	Point-in-time
Deferred debt issuance costs	`DeferredFinanceCostsCurrentNet`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$40.37K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$1.81M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$1.22M	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNoncurrentNet`	$769.45K	USD	Point-in-time
Debt issuance costs	`DeferredFinanceCostsNoncurrentNet`	$200.74K	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory, net	`InventoryNet`	$3.06M	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Inventory, net	`InventoryNet`	$5.34M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.35M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.46M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$12.00M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$11.25M	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$175.54K	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$211.75K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$79.06K	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$98.83K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Tooling and molds	`PropertyPlantAndEquipmentOther`	$630.48K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Tooling and molds	`PropertyPlantAndEquipmentOther`	$581.88K	USD	Point-in-time
Property and equipment, gross	`PropertyPlantAndEquipmentGross`	$836.48K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	7.38M	shares	Point-in-time
Property and equipment, gross	`PropertyPlantAndEquipmentGross`	$941.06K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	23.58M	shares	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$624.42K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	23.58M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	7.38M	shares	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$456.75K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$379.73K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$316.64K	USD	Point-in-time
Goodwill	`Goodwill`	$15.48M	USD	Point-in-time
Goodwill	`Goodwill`	$24.60M	USD	Point-in-time
Other intangible assets, net of amortization of $1,415,411 and $318,842, respectively	`OtherIntangibleAssetsNet`	$11.33M	USD	Point-in-time
Other intangible assets, net of amortization of $1,415,411 and $318,842, respectively	`OtherIntangibleAssetsNet`	$8.29M	USD	Point-in-time
Total Assets	`Assets`	$48.24M	USD	Point-in-time
Total Assets	`Assets`	$35.39M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.47M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.07M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.90M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$2.47M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$2.83M	USD	Point-in-time
Customer deposits	`CustomerDepositsCurrent`	$6.07M	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$773.97K	USD	Point-in-time
Short-term debt	`ShortTermBorrowings`	$266.20K	USD	Point-in-time
Convertible notes payable, net of discount of $0 and $1,366,667, respectively, and net of deferred debt issuance costs of $0 and $123,563, respectively	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible notes payable, net of discount of $0 and $1,366,667, respectively, and net of deferred debt issuance costs of $0 and $123,563, respectively	`ConvertibleNotesPayableCurrent`	$9.77K	USD	Point-in-time
Other current liabilities - contingent consideration	`OtherLiabilitiesCurrent`	$1.50M	USD	Point-in-time
Other current liabilities - contingent consideration	`OtherLiabilitiesCurrent`	$3.66M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$10.68M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$13.32M	USD	Point-in-time
Other long-term liabilities - contingent consideration	`OtherLiabilities`	$4.83M	USD	Point-in-time
Other long-term liabilities - contingent consideration	`OtherLiabilities`	$3.90M	USD	Point-in-time
Long-term debt	`LongTermDebt`	$585.64K	USD	Point-in-time
Revolving loan facility, net of deferred debt issuance costs of $200,744 and $769,453, respectively	`RevolvingLoanFacility`	$11.80M	USD	Point-in-time
Revolving loan facility, net of deferred debt issuance costs of $200,744 and $769,453, respectively	`RevolvingLoanFacility`	$14.23M	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$335.40K	USD	Point-in-time
Deferred tax liability	`DeferredTaxLiabilitiesNoncurrent`	$190.29K	USD	Point-in-time
Total Liabilities	`Liabilities`	$27.31M	USD	Point-in-time
Total Liabilities	`Liabilities`	$32.57M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series C Preferred Stock, $0.0001 par value: 2,000 shares designated; 2,000 and 0 shares issued and outstanding as of December 31, 2017 and December 31, 2016, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	-	USD	Point-in-time
Series C Preferred Stock, $0.0001 par value: 2,000 shares designated; 2,000 and 0 shares issued and outstanding as of December 31, 2017 and December 31, 2016, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.81M	USD	Point-in-time
Common stock, $0.0001 par value: 100,000,000 shares authorized; 23,583,593 and 7,379,924 shares issued and outstanding, respectively	`CommonStockValue`	$2.36K	USD	Point-in-time
Common stock, $0.0001 par value: 100,000,000 shares authorized; 23,583,593 and 7,379,924 shares issued and outstanding, respectively	`CommonStockValue`	$738.00	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$62.05M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$33.20M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-34.66M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-42.92M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$881.33K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$2.82M	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$19.13M	USD	Point-in-time
Total Liabilities, Series C Preferred Stock and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$35.39M	USD	Point-in-time
Total Liabilities, Series C Preferred Stock and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$48.24M	USD	Point-in-time

Income Statement 42 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$23.32M	USD	Annual
Revenues	`Revenues`	$7.74M	USD	Annual
Costs of goods sold	`CostOfRevenue`	$11.69M	USD	Annual
Costs of goods sold	`CostOfRevenue`	$4.43M	USD	Annual
Gross Profit	`GrossProfit`	$3.30M	USD	Annual
Gross Profit	`GrossProfit`	$11.63M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$8.70M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.24M	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$4.90M	USD	Annual
Selling and marketing	`SellingAndMarketingExpense`	$2.88M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$888.19K	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$1.67M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$15.27M	USD	Annual
Total Operating Expenses	`OperatingExpenses`	$10.01M	USD	Annual
Operating Loss	`OperatingIncomeLoss`	$-6.71M	USD	Annual
Operating Loss	`OperatingIncomeLoss`	$-3.64M	USD	Annual
Interest income	`InterestIncomeOther`	$23.00	USD	Annual
Interest income	`InterestIncomeOther`	-	USD	Annual
Interest expense	`InterestExpense`	$3.28M	USD	Annual
Interest expense	`InterestExpense`	$7.74M	USD	Annual
Change in fair value of contingent consideration	`GainLossOnFairValueOfContingentConsideration`	-	USD	Annual
Change in fair value of contingent consideration	`GainLossOnFairValueOfContingentConsideration`	$1.50M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-272.75K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-2.30M	USD	Annual
Change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	-	USD	Annual
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-6.24M	USD	Annual
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-5.85M	USD	Annual
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-12.56M	USD	Annual
Loss before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-9.88M	USD	Annual
Income Tax Benefit (Expense)	`IncomeTaxExpenseBenefit`	$196.03K	USD	Annual
Income Tax Benefit (Expense)	`IncomeTaxExpenseBenefit`	$-1.61M	USD	Annual
Net Loss	`NetIncomeLoss`	$-8.26M	USD	Annual
Net Loss	`NetIncomeLoss`	$-12.75M	USD	Annual
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.08M	USD	Annual
Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$729.81K	USD	Annual
Net Loss applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-13.83M	USD	Annual
Net Loss applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.99M	USD	Annual
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-0.70	USD	Annual
Net Loss Per Share - Basic and Diluted	`EarningsPerShareBasicAndDiluted`	$-2.24	USD	Annual
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.17M	shares	Annual
Weighted Average Number of Common Shares Outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	12.81M	shares	Annual

Cash Flow Statement 155 line items

Line Item	Tag	Value	Unit	Period
Cash acquired	`CashAcquiredFromAcquisition`	$10.89K	USD	Annual
Net loss	`NetIncomeLoss`	$-8.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.75M	USD	Annual
Depreciation	`Depreciation`	$260.40K	USD	Annual
Depreciation	`Depreciation`	$167.67K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$1.11M	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$2.49M	USD	Annual
Stock issued in connection with exchange note maturity date extension	`StockIssuedInConnectionWithExchangeNoteMaturityDateExtension`	-	USD	Annual
Stock issued in connection with exchange note maturity date extension	`StockIssuedInConnectionWithExchangeNoteMaturityDateExtension`	$673.40K	USD	Annual
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$1.80M	USD	Annual
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$648.37K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$318.84K	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$1.10M	USD	Annual
Amortization of discount on contingent consideration	`AmortizationOfDiscountOnContingentConsideration`	$91.68K	USD	Annual
Amortization of discount on contingent consideration	`AmortizationOfDiscountOnContingentConsideration`	$171.53K	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	-	USD	Annual
Change in fair value of contingent consideration	`ChangeInFairValueOfContingentConsideration`	$1.50M	USD	Annual
Non-cash charge for modification of convertible exchange notes	`NoncashChargeForModificationOfConvertibleExchangeNotes`	-	USD	Annual
Non-cash charge for modification of convertible exchange notes	`NoncashChargeForModificationOfConvertibleExchangeNotes`	$191.63K	USD	Annual
Non-cash charge for modification of warrant terms	`NoncashChargeForModificationOfWarrantTerms`	$37.00K	USD	Annual
Non-cash charge for modification of warrant terms	`NoncashChargeForModificationOfWarrantTerms`	-	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-272.75K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Non - cash charge for bad debt allowance	`NonCashChargeForBadDebtAllowance`	$402.38K	USD	Annual
Non - cash charge for bad debt allowance	`NonCashChargeForBadDebtAllowance`	-	USD	Annual
Non - cash inventory charges	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	$48.41K	USD	Annual
Non - cash inventory charges	`NoncashOrPartNoncashAcquisitionInventoryAcquired1`	$1.43M	USD	Annual
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$631.99K	USD	Annual
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.15M	USD	Annual
Change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	$-2.30M	USD	Annual
Change in fair value of derivative liabilities	`UnrealizedGainLossOnDerivatives`	-	USD	Annual
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$-190.29K	USD	Annual
Deferred taxes	`IncreaseDecreaseInDeferredIncomeTaxes`	$1.63M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-44.63K	USD	Annual
Other	`OtherNoncashIncomeExpense`	-	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$897.83K	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$721.23K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$-525.59K	USD	Annual
Inventory	`IncreaseDecreaseInInventories`	$1.06M	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$-90.03K	USD	Annual
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$362.40K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$120.01K	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-958.32K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$606.03K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$1.84M	USD	Annual
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$-3.19M	USD	Annual
Customer deposits	`IncreaseDecreaseInCustomerDeposits`	$6.06M	USD	Annual
Total Adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$11.87M	USD	Annual
Total Adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$2.66M	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-950.05K	USD	Annual
Net Cash Used in Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-5.61M	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	Annual
Restricted cash	`IncreaseDecreaseInRestrictedCash`	$-1.49M	USD	Annual
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$17.39M	USD	Annual
Acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$89.11K	USD	Annual
Purchase of equipment	`PurchaseOfEquipment`	$52.96K	USD	Annual
Purchase of equipment	`PurchaseOfEquipment`	$39.07K	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-15.93M	USD	Annual
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-142.07K	USD	Annual
Proceeds received from issuance of Series A preferred stock, net	`ProceedsFromIssuanceOfSeriesPreferredStock`	-	USD	Annual
Proceeds received from issuance of Series A preferred stock, net	`ProceedsFromIssuanceOfSeriesPreferredStock`	$1.87M	USD	Annual
Proceeds received from issuance of Series B preferred stock, net	`ProceedsFromIssuanceOfSeriesBPreferredStock`	-	USD	Annual
Proceeds received from issuance of Series B preferred stock, net	`ProceedsFromIssuanceOfSeriesBPreferredStock`	$4.09M	USD	Annual
Proceeds received from short-term promissory note	`ProceedsFromOtherShortTermDebt`	-	USD	Annual
Proceeds received from short-term promissory note	`ProceedsFromOtherShortTermDebt`	$400.00K	USD	Annual
Pay down of short-term debt	`RepaymentsOfShortTermDebt`	$773.97K	USD	Annual
Pay down of short-term debt	`RepaymentsOfShortTermDebt`	$1.73M	USD	Annual
Proceeds received in connection with issuance of common stock and warrants, net	`ProceedsFromIssuanceOfCommonStock`	$13.29M	USD	Annual
Proceeds received in connection with issuance of common stock and warrants, net	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds received from issuance of convertible exchange notes, net	`ProceedsFromIssuanceOfConvertibleExchangeNotes`	$1.40M	USD	Annual
Proceeds received from issuance of convertible exchange notes, net	`ProceedsFromIssuanceOfConvertibleExchangeNotes`	$594.41K	USD	Annual
Revolver borrowings, net	`ProceedsFromDebtNetOfIssuanceCosts`	$13.91M	USD	Annual
Revolver borrowings, net	`ProceedsFromDebtNetOfIssuanceCosts`	$-3.00M	USD	Annual
Payment of Series A preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$123.46K	USD	Annual
Payment of Series A preferred stock dividends	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	-	USD	Annual
Pay down of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.50M	USD	Annual
Pay down of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Fees paid in connection with Revolver facility maturity date extension	`PaymentConnectionWithRevolverFacilityMaturityDateExtension`	-	USD	Annual
Fees paid in connection with Revolver facility maturity date extension	`PaymentConnectionWithRevolverFacilityMaturityDateExtension`	$450.00K	USD	Annual
Fees paid in connection with equity offerings	`PaymentConnectionWithEquityOfferings`	$74.37K	USD	Annual
Fees paid in connection with equity offerings	`PaymentConnectionWithEquityOfferings`	$51.02K	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$8.09M	USD	Annual
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$19.77M	USD	Annual
Net Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.88M	USD	Annual
Net Increase in Cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$2.34M	USD	Annual
Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$3.30M	USD	Point-in-time
Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$418.99K	USD	Point-in-time
Cash - Beginning of Year	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$3.30M	USD	Point-in-time
Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$418.99K	USD	Point-in-time
Cash - End of Year	`CashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Interest	`InterestPaidNet`	$3.40M	USD	Annual
Interest	`InterestPaidNet`	$930.22K	USD	Annual
Taxes	`IncomeTaxesPaid`	$8.76K	USD	Annual
Taxes	`IncomeTaxesPaid`	$4.50K	USD	Annual
Equipment purchases on payment terms	`EquipmentPurchasesOnPaymentTerms`	-	USD	Annual
Equipment purchases on payment terms	`EquipmentPurchasesOnPaymentTerms`	$19.65K	USD	Annual
Accrued fees incurred in connection with equity offerings	`EquityIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$157.69K	USD	Annual
Accrued fees incurred in connection with equity offerings	`EquityIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	Annual
Issuance of common stock in connection with accelerated installments of note payable	`IssuanceOfCommonStockInConnectionWithAcceleratedInstallmentsOfNotesPayable`	-	USD	Annual
Issuance of common stock in connection with accelerated installments of note payable	`IssuanceOfCommonStockInConnectionWithAcceleratedInstallmentsOfNotesPayable`	$3.29M	USD	Annual
Reclassification of conversion feature liability in connection with note modification	`ReclassificationOfConversionFeatureLiabilityInConnectionWithNoteConversion`	-	USD	Annual
Reclassification of conversion feature liability in connection with note modification	`ReclassificationOfConversionFeatureLiabilityInConnectionWithNoteConversion`	$1.70M	USD	Annual
Issuance of common stock in connection with conversion of convertible exchange notes and related accrued interest	`StockIssued1`	-	USD	Annual
Issuance of common stock in connection with conversion of convertible exchange notes and related accrued interest	`StockIssued1`	$2.36M	USD	Annual
Issuance of common stock in connection with convertible exchange notes maturity date extension	`NotesIssued1`	-	USD	Annual
Issuance of common stock in connection with convertible exchange notes maturity date extension	`NotesIssued1`	$673.40K	USD	Annual
Fees incurred in connection with revolving credit facility	`FeesIncurredInConnectionWithRevolvingCreditFacility`	-	USD	Annual
Fees incurred in connection with revolving credit facility	`FeesIncurredInConnectionWithRevolvingCreditFacility`	$256.25K	USD	Annual
Issuance of common stock in connection with conversion of interest on convertible notes	`IssuanceOfCommonStockInConnectionWithConversionOfInterestOnConvertibleNotes`	$291.59K	USD	Annual
Issuance of common stock in connection with conversion of interest on convertible notes	`IssuanceOfCommonStockInConnectionWithConversionOfInterestOnConvertibleNotes`	-	USD	Annual
Exchange of short-term promissory note for Series A preferred stock	`ExchangeOfShortTermPromissoryNoteForSeriesPreferredStock`	-	USD	Annual
Exchange of short-term promissory note for Series A preferred stock	`ExchangeOfShortTermPromissoryNoteForSeriesPreferredStock`	$400.00K	USD	Annual
Issuance of common stock in connection with conversion of Series A preferred stock and related dividends	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesPreferredStock`	$338.75K	USD	Annual
Issuance of common stock in connection with conversion of Series A preferred stock and related dividends	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesPreferredStock`	$2.56M	USD	Annual
Issuance of common stock in connection with conversion of Series B preferred stock and related dividends and liquidated damages	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesBPreferredStockAndRelatedDividendsAndLiquidatedDamages`	-	USD	Annual
Issuance of common stock in connection with conversion of Series B preferred stock and related dividends and liquidated damages	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesBPreferredStockAndRelatedDividendsAndLiquidatedDamages`	$6.08M	USD	Annual
Accrued Series A preferred dividends	`AccruedSeriesPreferredDividends`	$92.44K	USD	Annual
Accrued Series A preferred dividends	`AccruedSeriesPreferredDividends`	-	USD	Annual
Accrued Series B preferred dividends	`AccruedSeriesBPreferredDividends`	-	USD	Annual
Accrued Series B preferred dividends	`AccruedSeriesBPreferredDividends`	$490.62K	USD	Annual
Accrued Series C preferred dividends	`AccruedSeriesCPreferredDividends`	-	USD	Annual
Accrued Series C preferred dividends	`AccruedSeriesCPreferredDividends`	$25.00K	USD	Annual
Non-cash consideration paid for LogicMark acquisition (See Note 5)	`NonCashConsiderationPaidForLogicmarkAcquisition`	-	USD	Annual
Non-cash consideration paid for LogicMark acquisition (See Note 5)	`NonCashConsiderationPaidForLogicmarkAcquisition`	$9.90M	USD	Annual
Current assets, including cash acquired of $10,889	`NoncashOrPartNoncashAcquisitionValueOfCurrentAssetsIncludingCashAcquired`	-	USD	Annual
Current assets, including cash acquired of $10,889	`NoncashOrPartNoncashAcquisitionValueOfCurrentAssetsIncludingCashAcquired`	$157.48K	USD	Annual
Property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	-	USD	Annual
Property and equipment	`NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1`	$31.97K	USD	Annual
Other intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	-	USD	Annual
Other intangible assets	`NoncashOrPartNoncashAcquisitionIntangibleAssetsAcquired1`	$4.14M	USD	Annual
Goodwill	`NonCashOrPartNonCashAcquisitionGoodwillAcquired`	$9.14M	USD	Annual
Goodwill	`NonCashOrPartNonCashAcquisitionGoodwillAcquired`	-	USD	Annual
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	-	USD	Annual
Accounts payable and accrued liabilities	`NoncashOrPartNoncashAcquisitionPayablesAssumed1`	$1.31M	USD	Annual
Customer deposits	`NonCashOrPartNonCashAcquisitionCustomerDepositsAcquired`	$-262.41K	USD	Annual
Customer deposits	`NonCashOrPartNonCashAcquisitionCustomerDepositsAcquired`	-	USD	Annual
Deferred taxes	`NonCashOrPartNonCashDeferredTaxes`	$-1.80M	USD	Annual
Deferred taxes	`NonCashOrPartNonCashDeferredTaxes`	-	USD	Annual
Net Assets Acquired	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	-	USD	Annual
Net Assets Acquired	`NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1`	$10.10M	USD	Annual
Less: cash paid to acquire Fit Pay	`CashPaidToAcquireBusiness`	-	USD	Annual
Less: cash paid to acquire Fit Pay	`CashPaidToAcquireBusiness`	$-100.00K	USD	Annual
Non cash consideration	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	-	USD	Annual
Non cash consideration	`OtherSignificantNoncashTransactionValueOfConsiderationReceived1`	$10.00M	USD	Annual
Note payable issued to seller	`NotePayableIssuedToSellers`	$851.84K	USD	Annual
Note payable issued to seller	`NotePayableIssuedToSellers`	-	USD	Annual
Common stock issued to sellers	`CommonStockAndWarrantsIssuedToSellers`	$3.29M	USD	Annual
Common stock issued to sellers	`CommonStockAndWarrantsIssuedToSellers`	-	USD	Annual
Series C preferred stock issued to sellers	`SeriesCPreferredStockIssuedToSellers`	-	USD	Annual
Series C preferred stock issued to sellers	`SeriesCPreferredStockIssuedToSellers`	$1.81M	USD	Annual
Earn-out provision	`EarnOutProvision`	-	USD	Annual
Earn-out provision	`EarnOutProvision`	$4.06M	USD	Annual
Non-cash consideration	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	$10.00M	USD	Annual
Non-cash consideration	`NoncashOrPartNoncashDivestitureAmountOfConsiderationReceived1`	-	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquity`	$881.33K	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$2.82M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$19.13M	USD	Point-in-time
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$619.25K	USD	Annual
Issuance of common stock for services	`StockIssuedDuringPeriodValueIssuedForServices`	$3.15M	USD	Annual
Issuances of common stock and warrants for cash, net of fees	`IssuanceOfCommonStockAndWarrantsForCashNetOfFees`	$13.03M	USD	Annual
Issuance of common stock in connection with the acquisition of Fit Pay	`IssuanceOfCommonStockInConnectionWithAcquisitionOfFitPay`	$3.29M	USD	Annual
Exercise of common stock purchase warrants on a cashless basis	`ExerciseOfCommonstockPurchaseWarrantsOnCashlessbasis`	-	USD	Annual
Reclassification of remaining conversion feature liability	`ReclassificationOfConversionFeatureLiability`	$1.70M	USD	Annual
Issuance of common stock and warrants in connection with the acquisition of Logicmark	`StockIssuedDuringPeriodValueAcquisitions`	$900.00K	USD	Annual
Exercise of common stock purchase warrants in connection with the acquisition of Logicmark	`ExerciseOfCommonStockPurchaseWarrantsForAcquisition`	-	USD	Annual
Conversion of convertible exchange notes and interest to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.40M	USD	Annual
Conversion of convertible exchange notes and interest to common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$3.94M	USD	Annual
Shares issued in connection with the convertible exchange note maturity date extension	`SharesIssuedConnectionConvertibleExchangeNoteValueMaturityDateExtension`	$673.40K	USD	Annual
Issuance of Series A preferred stock, net	`IssuanceOfSeriesPreferredStock`	$2.27M	USD	Annual
Conversion of Series A preferred stock and dividends to common stock	`StockIssuedDuringPeriodValueConversionOfPreferredStock`	$374.22K	USD	Annual
Shares issued in connection with the management incentive plan	`StockIssuedDuringPeriodValueInConnectionWithManagementIncentivePlan`	$400.00K	USD	Annual
Shares issued in connection with the management incentive plan	`StockIssuedDuringPeriodValueInConnectionWithManagementIncentivePlan`	$372.00K	USD	Annual
Issuance of Series B preferred stock, net	`IssuanceOfSeriesBPreferredStock`	$4.09M	USD	Annual
Conversion of Series A preferred stock and dividends to common stock	`ConversionOfSeriesPreferredStockAndDividendsToCommonStock`	$127.33K	USD	Annual
Conversion of Series B preferred stock, dividends and liquidated damages, net	`ConversionOfSeriesBPreferredStockDividendsAndLiquidatedDamagesNet`	$1.57M	USD	Annual
Note discount recorded in connection with the issuance of Convertible Exchange notes	`IssuanceOfConvertibleExchangeNotes`	$432.92K	USD	Annual
Note discount recorded in connection with the issuance of Convertible Exchange notes	`IssuanceOfConvertibleExchangeNotes`	$1.50M	USD	Annual
Non-cash charge for modification of convertible exchange notes and warrants	`NoncashChargeForModificationOfConvertibleExchangeNotesAndWarrants`	$228.63K	USD	Annual
Net loss	`NetIncomeLoss`	$-8.26M	USD	Annual
Net loss	`NetIncomeLoss`	$-12.75M	USD	Annual
Preferred stock dividend	`DividendsPreferredStockStock`	$729.81K	USD	Annual
Preferred stock dividend	`DividendsPreferredStockStock`	$1.08M	USD	Annual
Ending balance	`StockholdersEquity`	$881.33K	USD	Point-in-time
Ending balance	`StockholdersEquity`	$2.82M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$19.13M	USD	Point-in-time

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