10-Q Filing

LogicMark, Inc. CIK: 1566826 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001213900-21-027209`
Period End Date	20210331
Filing Date	20210517
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	nxtd-20210331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 37 Cash Flow Statement 64 Stockholders Equity 23

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash	`CashAndCashEquivalentsAtCarryingValue`	$4.39M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$8.52M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$150.13K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$150.13K	USD	Point-in-time
Other intangible assets, net of amortization (in Dollars)	`OtherIntangibleAssetsAmortization`	$3.37M	USD	Point-in-time
Other intangible assets, net of amortization (in Dollars)	`OtherIntangibleAssetsAmortization`	$3.55M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$133.72K	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNet`	$67.67K	USD	Point-in-time
Inventory, net	`InventoryNet`	$767.35K	USD	Point-in-time
Inventory, net	`InventoryNet`	$780.48K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$536.27K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$455.55K	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in Dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$5.89M	USD	Point-in-time
Total Current Assets	`AssetsCurrent`	$10.05M	USD	Point-in-time
Preferred stock, shares designated	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares designated	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$183.04K	USD	Point-in-time
Equipment	`MachineryAndEquipmentGross`	$183.04K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$98.84K	USD	Point-in-time
Furniture and fixtures	`FurnitureAndFixturesGross`	$98.84K	USD	Point-in-time
Tooling and molds	`PropertyPlantAndEquipmentOther`	$644.46K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Tooling and molds	`PropertyPlantAndEquipmentOther`	$644.46K	USD	Point-in-time
Common stock, par value (in Dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Property and equipment, gross	`PropertyPlantAndEquipmentGross`	$926.35K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Property and equipment, gross	`PropertyPlantAndEquipmentGross`	$926.35K	USD	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$897.14K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	53.31M	shares	Point-in-time
Accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$913.15K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	40.62M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$13.20K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	53.31M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	40.62M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$29.21K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$292.80K	USD	Point-in-time
Right-of-use assets	`OperatingLeaseRightOfUseAsset`	$306.79K	USD	Point-in-time
Goodwill	`Goodwill`	$15.48M	USD	Point-in-time
Goodwill	`Goodwill`	$15.48M	USD	Point-in-time
Other intangible assets, net of amortization of $3,553,950 and $3,366,105, respectively	`OtherIntangibleAssetsNet`	$5.24M	USD	Point-in-time
Other intangible assets, net of amortization of $3,553,950 and $3,366,105, respectively	`OtherIntangibleAssetsNet`	$5.05M	USD	Point-in-time
Total Assets	`Assets`	$26.95M	USD	Point-in-time
Total Assets	`Assets`	$30.89M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.31M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$2.75M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.32M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$1.72M	USD	Point-in-time
Short-term debt	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$346.39K	USD	Point-in-time
Short-term debt	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$45.00K	USD	Point-in-time
Term loan facility - current	`TermLoanFacilityCurrent`	$2.06M	USD	Point-in-time
Term loan facility - current	`TermLoanFacilityCurrent`	$2.06M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.13M	USD	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$6.47M	USD	Point-in-time
Term loan facility, net of debt discount of $60,055 and $137,855, respectively, and deferred debt issuance costs of $310,665 and $713,119, respectively	`TermLoanFacilityNonCurrent`	$3.15M	USD	Point-in-time
Term loan facility, net of debt discount of $60,055 and $137,855, respectively, and deferred debt issuance costs of $310,665 and $713,119, respectively	`TermLoanFacilityNonCurrent`	$8.18M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.31M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$1.33M	USD	Point-in-time
Total Liabilities	`Liabilities`	$10.59M	USD	Point-in-time
Total Liabilities	`Liabilities`	$15.98M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series C Preferred Stock, par value $0.0001 per share: 2,000 shares designated; 2,000 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.81M	USD	Point-in-time
Series C Preferred Stock, par value $0.0001 per share: 2,000 shares designated; 2,000 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`TemporaryEquityCarryingAmountAttributableToParent`	$1.81M	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, value	`PreferredStockValue`	-	USD	Point-in-time
Common Stock, par value $0.0001 per share: 100,000,000 shares authorized; 53,311,898 and 40,619,974 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$5.33K	USD	Point-in-time
Common Stock, par value $0.0001 per share: 100,000,000 shares authorized; 53,311,898 and 40,619,974 shares issued and outstanding as of March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$4.06K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$74.58M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$89.62M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-71.13M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-65.43M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$7.28M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$6.71M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$18.49M	USD	Point-in-time
Total Stockholders Equity	`StockholdersEquity`	$9.16M	USD	Point-in-time
Total Liabilities, Series C Preferred Stock and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$30.89M	USD	Point-in-time
Total Liabilities, Series C Preferred Stock and Stockholders Equity	`LiabilitiesAndStockholdersEquity`	$26.95M	USD	Point-in-time

Income Statement 37 line items

Line Item	Tag	Value	Unit	Period
Revenues	`Revenues`	$2.44M	USD	1 Quarter
Revenues	`Revenues`	$3.74M	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$888.09K	USD	1 Quarter
Cost of goods sold	`CostOfRevenue`	$948.12K	USD	1 Quarter
Gross Profit	`GrossProfit`	$2.80M	USD	1 Quarter
Gross Profit	`GrossProfit`	$1.55M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$844.21K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.50M	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$560.44K	USD	1 Quarter
Selling and marketing	`SellingAndMarketingExpense`	$725.68K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$274.92K	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$186.61K	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$2.33M	USD	1 Quarter
Total Operating Expenses	`OperatingExpenses`	$1.76M	USD	1 Quarter
Operating (Loss) Income	`OperatingIncomeLoss`	$1.04M	USD	1 Quarter
Operating (Loss) Income	`OperatingIncomeLoss`	$-782.89K	USD	1 Quarter
Interest expense	`InterestExpense`	$861.25K	USD	1 Quarter
Interest expense	`InterestExpense`	$601.34K	USD	1 Quarter
Warrant modification expense	`WarrantModificationExpense`	$2.88M	USD	1 Quarter
Forgiveness of PPP loan and accrued interest	`ForgivenessOfPPPLoanAndAccruedInterest`	$-303.71K	USD	1 Quarter
Forgiveness of PPP loan and accrued interest	`ForgivenessOfPPPLoanAndAccruedInterest`	-	USD	1 Quarter
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-601.34K	USD	1 Quarter
Total Other Expense, Net	`OtherNonoperatingIncomeExpense`	$-3.44M	USD	1 Quarter
(Loss) Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$438.06K	USD	1 Quarter
(Loss) Income before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.22M	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$438.06K	USD	1 Quarter
Net (Loss) Income	`NetIncomeLoss`	$-4.22M	USD	1 Quarter
Preferred stock dividends, including deemed dividend on redeemable Series E convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$1.56M	USD	1 Quarter
Preferred stock dividends, including deemed dividend on redeemable Series E convertible preferred stock	`PreferredStockDividendsIncomeStatementImpact`	$25.00K	USD	1 Quarter
Net (Loss) Income applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$413.06K	USD	1 Quarter
Net (Loss) Income applicable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-5.78M	USD	1 Quarter
Net (Loss) Income Per Share Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$0.01	USD	1 Quarter
Net (Loss) Income Per Share Basic and Diluted (in Dollars per share)	`EarningsPerShareBasicAndDiluted`	$-0.12	USD	1 Quarter
Weighted Average Number of Common Shares Outstanding Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	30.15M	shares	1 Quarter
Weighted Average Number of Common Shares Outstanding Basic and Diluted (in Shares)	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	48.19M	shares	1 Quarter

Cash Flow Statement 64 line items

Line Item	Tag	Value	Unit	Period
Net (Loss) Income	`ProfitLoss`	$438.06K	USD	1 Quarter
Net (Loss) Income	`ProfitLoss`	$-4.22M	USD	1 Quarter
Depreciation	`Depreciation`	$16.90K	USD	1 Quarter
Depreciation	`Depreciation`	$16.01K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$40.00K	USD	1 Quarter
Stock based compensation	`ShareBasedCompensation`	$40.00K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$28.67K	USD	1 Quarter
Amortization of debt discount	`AmortizationOfDebtDiscountPremium`	$77.80K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$187.84K	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$187.84K	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$402.45K	USD	1 Quarter
Amortization of deferred debt issuance costs	`AmortizationOfFinancingCosts`	$148.32K	USD	1 Quarter
Non-cash charge for modification of warrant terms	`NoncashChargeForModificationOfWarrantTerms`	-	USD	1 Quarter
Non-cash charge for modification of warrant terms	`NoncashChargeForModificationOfWarrantTerms`	$2.88M	USD	1 Quarter
Forgiveness of PPP loan and accrued interest	`ForgivenessOfPPPLoanAndAccruedInterest`	$-303.71K	USD	1 Quarter
Forgiveness of PPP loan and accrued interest	`ForgivenessOfPPPLoanAndAccruedInterest`	-	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-66.05K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-2.56K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$13.13K	USD	1 Quarter
Inventory	`IncreaseDecreaseInInventories`	$-353.50K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$96.79K	USD	1 Quarter
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpense`	$80.72K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-518.60K	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-402.71K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$463.66K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-199.09K	USD	1 Quarter
Total Adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$79.20K	USD	1 Quarter
Total Adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$3.22M	USD	1 Quarter
Net Cash (Used in) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.00M	USD	1 Quarter
Net Cash (Used in) Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$517.26K	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net Cash Used in Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Term loan repayment	`RepaymentsOfDebt`	$665.62K	USD	1 Quarter
Term loan repayment	`RepaymentsOfDebt`	$5.52M	USD	1 Quarter
Proceeds received in connection with issuance of Series E preferred stock, net	`ProceedsReceivedInConnectionWithIssuanceOfPreferredStockNet`	-	USD	1 Quarter
Proceeds received in connection with issuance of Series E preferred stock, net	`ProceedsReceivedInConnectionWithIssuanceOfPreferredStockNet`	$4.00M	USD	1 Quarter
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	-	USD	1 Quarter
Proceeds from exercise of common stock warrants	`ProceedsFromWarrantExercises`	$6.67M	USD	1 Quarter
Payment of closing related fees	`ProceedsFromShortTermDebt`	$-23.70K	USD	1 Quarter
Payment of closing related fees	`ProceedsFromShortTermDebt`	-	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-665.62K	USD	1 Quarter
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$5.13M	USD	1 Quarter
Net Increase (Decrease) in Cash and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-148.37K	USD	1 Quarter
Net Increase (Decrease) in Cash and Restricted Cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$4.13M	USD	1 Quarter
Cash and Restricted Cash Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.74M	USD	Point-in-time
Cash and Restricted Cash Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.67M	USD	Point-in-time
Cash and Restricted Cash Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.54M	USD	Point-in-time
Cash and Restricted Cash Beginning of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.59M	USD	Point-in-time
Cash and Restricted Cash End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.74M	USD	Point-in-time
Cash and Restricted Cash End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.67M	USD	Point-in-time
Cash and Restricted Cash End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.54M	USD	Point-in-time
Cash and Restricted Cash End of Period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.59M	USD	Point-in-time
Interest	`InterestPaidNet`	$431.80K	USD	1 Quarter
Interest	`InterestPaidNet`	$443.98K	USD	1 Quarter
Taxes	`IncomeTaxesPaid`	$26.00K	USD	1 Quarter
Taxes	`IncomeTaxesPaid`	$16.35K	USD	1 Quarter
Accrued fees incurred in connection with equity offerings	`EquityIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	-	USD	1 Quarter
Accrued fees incurred in connection with equity offerings	`EquityIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$20.46K	USD	1 Quarter
Common Stock issued in connection with management incentive plans	`CommonStockIssuedInConnectionWithManagementIncentivePlans`	$80.46K	USD	1 Quarter
Common Stock issued in connection with management incentive plans	`CommonStockIssuedInConnectionWithManagementIncentivePlans`	$116.63K	USD	1 Quarter
Issuance of common stock in connection with conversion of Series E preferred stock	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesDPreferredStock`	-	USD	1 Quarter
Issuance of common stock in connection with conversion of Series E preferred stock	`IssuanceOfCommonStockInConnectionWithConversionOfSeriesDPreferredStock`	$4.00M	USD	1 Quarter
Accrued Series C Preferred Stock dividends	`AccruedSeriesCPreferredStockDividends`	$75.00K	USD	1 Quarter
Accrued Series C Preferred Stock dividends	`AccruedSeriesCPreferredStockDividends`	$25.00K	USD	1 Quarter

Stockholders Equity 23 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$7.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$9.16M	USD	Point-in-time
Issuance of stock options for services	`StockIssuedDuringPeriodValueIssuedForServices`	$40.00K	USD	1 Quarter
Issuance of stock options for services	`StockIssuedDuringPeriodValueIssuedForServices`	$40.00K	USD	1 Quarter
Shares issued in connection with the management incentive plan for 2017 and 2018	`SharesIssuedInConnectionWithTheManagementIncentivePlanFor2017And2018`	$116.63K	USD	1 Quarter
Issuance of Series E preferred stock, net	`StockIssuedDuringPeriodValueOther`	$4.00M	USD	1 Quarter
Conversion of Series E preferred stock to common stock	`ConversionOfSeriesEPreferredStockToCommonStock`	-	USD	1 Quarter
Deemed dividend related to beneficial conversion feature of Series E preferred stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Exercise of common stock purchase warrants for cash	`ExerciseOfCommonStockPurchaseWarrantsForCash`	$6.67M	USD	1 Quarter
Exercise of common stock purchase warrants on a cashless basis	`ExerciseOfCommonStockPurchaseWarrantsOnACashlessBasis`	-	USD	1 Quarter
Warrant modification expense recorded in connection with the issuance of replacement warrants	`WarrantModificationExpenseRecordedInConnectionWithTheIssuanceOfReplacementWarrants`	$2.88M	USD	1 Quarter
Shares issued in connection with the management incentive plans for 2018 and 2019	`ShareIssuedInConnectionWithTheManagementIncentivePlanFor2018And2019`	$80.46K	USD	1 Quarter
Fees incurred in connection with equity warrants	`AdjustmentsToAdditionalPaidInCapitalOther`	$-44.16K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$438.06K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.22M	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockStock`	$75.00K	USD	1 Quarter
Preferred stock dividends	`DividendsPreferredStockStock`	$25.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$7.28M	USD	Point-in-time
Balance	`StockholdersEquity`	$6.71M	USD	Point-in-time
Balance	`StockholdersEquity`	$18.49M	USD	Point-in-time
Balance	`StockholdersEquity`	$9.16M	USD	Point-in-time

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