◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...

10-Q Filing

DUOS TECHNOLOGIES GROUP, INC. CIK: 1396536 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001553350-17-000665
Period End Date 20170331
Filing Date 20170522
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance duos-20170331.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 line items
Line Item Tag Value Unit Period
Series A redeemable convertible cumulative preferred stock, stated value per share TemporaryEquityParOrStatedValuePerShare $10.00 USD Point-in-time
Series A redeemable convertible cumulative preferred stock, stated value per share TemporaryEquityParOrStatedValuePerShare $10.00 USD Point-in-time
Series A redeemable convertible cumulative preferred stock, shares designated TemporaryEquitySharesAuthorized 500,000.00 shares Point-in-time
Series A redeemable convertible cumulative preferred stock, shares designated TemporaryEquitySharesAuthorized 500,000.00 shares Point-in-time
Series A redeemable convertible cumulative preferred stock, shares issued TemporaryEquitySharesIssued 29,600.00 shares Point-in-time
Cash Cash $174.38K USD Point-in-time
Series A redeemable convertible cumulative preferred stock, shares issued TemporaryEquitySharesIssued 29,600.00 shares Point-in-time
Cash Cash $53.19K USD Point-in-time
Series A redeemable convertible cumulative preferred stock, shares outstanding TemporaryEquitySharesOutstanding 29,600.00 shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $256.99K USD Point-in-time
Series A redeemable convertible cumulative preferred stock, shares outstanding TemporaryEquitySharesOutstanding 29,600.00 shares Point-in-time
Accounts receivable AccountsReceivableNetCurrent $524.87K USD Point-in-time
Series A redeemable convertible cumulative preferred stock, liquidation value TemporaryEquityLiquidationPreference $307.84K USD Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts OtherAssetsCurrent $147.64K USD Point-in-time
Costs and estimated earnings in excess of billings on uncompleted contracts OtherAssetsCurrent $476.67K USD Point-in-time
Series A redeemable convertible cumulative preferred stock, liquidation value TemporaryEquityLiquidationPreference $301.92K USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseCurrent $135.96K USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseCurrent $201.62K USD Point-in-time
Preferred stock, par value PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Total Current Assets AssetsCurrent $1.04M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 10.00M shares Point-in-time
Total Current Assets AssetsCurrent $927.32K USD Point-in-time
Preferred stock, shares available to be issued PreferredStockSharesIssued 9.50M shares Point-in-time
Preferred stock, shares available to be issued PreferredStockSharesIssued 9.50M shares Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $66.49K USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $71.94K USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Patents and trademarks, net DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts $-51.42K USD Point-in-time
Common stock, par value CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Patents and trademarks, net DeferredTaxLiabilitiesDeferredExpenseCapitalizedPatentCosts $-50.05K USD Point-in-time
Total Other Assets OtherAssets $50.05K USD Point-in-time
Total Other Assets OtherAssets $51.42K 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
Common stock, shares issued CommonStockSharesIssued 1.89M shares Point-in-time
TOTAL ASSETS Assets $1.05M USD Point-in-time
Common stock, shares issued CommonStockSharesIssued 1.89M shares Point-in-time
TOTAL ASSETS Assets $1.16M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 1.89M shares Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 1.89M shares Point-in-time
Treasury stock shares TreasuryStockCommonShares 3,280.00 shares Point-in-time
Treasury stock shares TreasuryStockCommonShares 3,280.00 shares Point-in-time
Accounts payable AccountsPayableCurrent $897.61K USD Point-in-time
Accounts payable AccountsPayableCurrent $842.79K USD Point-in-time
Accounts payable - related parties DueToRelatedPartiesCurrent $40.14K USD Point-in-time
Accounts payable - related parties DueToRelatedPartiesCurrent $41.54K USD Point-in-time
Commercial insurance/office equipment financing OtherNotesPayableCurrent $46.37K USD Point-in-time
Commercial insurance/office equipment financing OtherNotesPayableCurrent $147.70K USD Point-in-time
Notes payable - related parties NotesPayableRelatedPartiesClassifiedCurrent $518.14K USD Point-in-time
Notes payable - related parties NotesPayableRelatedPartiesClassifiedCurrent $577.72K USD Point-in-time
Notes payable, net of discounts NotesPayableCurrent $798.76K USD Point-in-time
Notes payable, net of discounts NotesPayableCurrent $87.21K USD Point-in-time
Convertible notes payable, including premiums ConvertibleLongTermNotesPayable $193.95K USD Point-in-time
Convertible notes payable, including premiums ConvertibleLongTermNotesPayable - USD Point-in-time
Warrant derivative liability DerivativeLiabilitiesCurrent $793.10K USD Point-in-time
Warrant derivative liability DerivativeLiabilitiesCurrent $2.20M USD Point-in-time
Line of credit LineOfCredit $36.45K USD Point-in-time
Line of credit LineOfCredit $38.02K USD Point-in-time
Payroll taxes payable AccruedPayrollTaxesCurrent $444.48K USD Point-in-time
Payroll taxes payable AccruedPayrollTaxesCurrent $703.53K USD Point-in-time
Accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $1.25M USD Point-in-time
Accrued expenses AccountsPayableAndAccruedLiabilitiesCurrent $1.22M USD Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts BillingsInExcessOfCost $221.13K USD Point-in-time
Billings in excess of costs and estimated earnings on uncompleted contracts BillingsInExcessOfCost $219.62K USD Point-in-time
Deferred revenue DeferredRevenueCurrent $675.17K USD Point-in-time
Deferred revenue DeferredRevenueCurrent $413.97K USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $5.18M USD Point-in-time
Total Current Liabilities LiabilitiesCurrent $7.23M USD Point-in-time
Notes payable - related party NotesPayableRelatedPartiesNoncurrent - USD Point-in-time
Notes payable - related party NotesPayableRelatedPartiesNoncurrent $45.97K USD Point-in-time
Notes payable, net of discounts LongTermNotesPayable $1.27M USD Point-in-time
Notes payable, net of discounts LongTermNotesPayable $1.21M USD Point-in-time
Total Liabilities Liabilities $8.55M USD Point-in-time
Total Liabilities Liabilities $6.38M USD Point-in-time
Series A redeemable convertible cumulative preferred stock, $10 stated value per share, 500,000 shares designated, 29,600 shares issued and outstanding at March 31, 2017 and December 31, 2016 ($307,840 and $301,920 liquidation value at March 31, 2017 and December 31, 2016, respectively) TemporaryEquityCarryingAmountAttributableToParent $307.84K USD Point-in-time
Series A redeemable convertible cumulative preferred stock, $10 stated value per share, 500,000 shares designated, 29,600 shares issued and outstanding at March 31, 2017 and December 31, 2016 ($307,840 and $301,920 liquidation value at March 31, 2017 and December 31, 2016, respectively) TemporaryEquityCarryingAmountAttributableToParent $301.92K USD Point-in-time
Commitments and Contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies (Note 5) CommitmentsAndContingencies - USD Point-in-time
Preferred stock, $0.001 par value, 10,000,000 authorized, 9,500,000 available to be issued PreferredStockValue - USD Point-in-time
Preferred stock, $0.001 par value, 10,000,000 authorized, 9,500,000 available to be issued PreferredStockValue - USD Point-in-time
Common stock: $0.001 par value; 500,000,000 shares authorized 1,894,923 and 1,892,020 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $1.90K USD Point-in-time
Common stock: $0.001 par value; 500,000,000 shares authorized 1,894,923 and 1,892,020 shares issued and outstanding at March 31, 2017 and December 31, 2016, respectively CommonStockValue $1.89K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $18.16M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $18.14M USD Point-in-time
Total paid-in-capital AdditionalPaidInCapital $18.16M USD Point-in-time
Total paid-in-capital AdditionalPaidInCapital $18.14M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-25.82M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-23.52M USD Point-in-time
Sub-total TotalPaidInCapitalAndRetainedEarningsDeficit $-7.66M USD Point-in-time
Sub-total TotalPaidInCapitalAndRetainedEarningsDeficit $-5.38M USD Point-in-time
Less: Treasury stock (3,280 shares of common stock) TreasuryStockCommonValue $148.00K USD Point-in-time
Less: Treasury stock (3,280 shares of common stock) TreasuryStockCommonValue $148.00K USD Point-in-time
Total Stockholders' Deficit StockholdersEquity $-7.81M USD Point-in-time
Total Stockholders' Deficit StockholdersEquity $-5.52M USD Point-in-time
Total Liabilities and Stockholders' Deficit LiabilitiesAndStockholdersEquity $1.05M USD Point-in-time
Total Liabilities and Stockholders' Deficit LiabilitiesAndStockholdersEquity $1.16M USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Project ContractsRevenue $360.49K USD 1 Quarter
Project ContractsRevenue $229.12K USD 1 Quarter
Maintenance and technical support MaintenanceRevenue $607.88K USD 1 Quarter
Maintenance and technical support MaintenanceRevenue $315.33K USD 1 Quarter
IT asset management services TechnologyServicesRevenue $359.92K USD 1 Quarter
IT asset management services TechnologyServicesRevenue $167.24K USD 1 Quarter
Total Revenues Revenues $1.04M USD 1 Quarter
Total Revenues Revenues $1.00M USD 1 Quarter
Project CostOfServicesLicensesAndMaintenanceAgreements $346.13K USD 1 Quarter
Project CostOfServicesLicensesAndMaintenanceAgreements $141.08K USD 1 Quarter
Maintenance and technical support MaintenanceCosts $267.58K USD 1 Quarter
Maintenance and technical support MaintenanceCosts $147.40K USD 1 Quarter
IT asset management services TechnologyServicesCosts $137.86K USD 1 Quarter
IT asset management services TechnologyServicesCosts $77.76K USD 1 Quarter
Total Cost of Revenues CostOfRevenue $631.39K USD 1 Quarter
Total Cost of Revenues CostOfRevenue $486.42K USD 1 Quarter
GROSS PROFIT GrossProfit $404.34K USD 1 Quarter
GROSS PROFIT GrossProfit $517.83K USD 1 Quarter
Selling and marketing expenses SellingAndMarketingExpense $86.04K USD 1 Quarter
Selling and marketing expenses SellingAndMarketingExpense $68.75K USD 1 Quarter
Salaries, wages and contract labor SalariesAndWages $886.17K USD 1 Quarter
Salaries, wages and contract labor SalariesAndWages $735.60K USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $87.62K USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $55.49K USD 1 Quarter
Professional fees ProfessionalFees $120.15K USD 1 Quarter
Professional fees ProfessionalFees $77.23K USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $180.28K USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $247.99K USD 1 Quarter
Total Operating Expenses OperatingCostsAndExpenses $1.26M USD 1 Quarter
Total Operating Expenses OperatingCostsAndExpenses $1.29M USD 1 Quarter
LOSS FROM OPERATIONS OperatingIncomeLoss $-767.38K USD 1 Quarter
LOSS FROM OPERATIONS OperatingIncomeLoss $-855.76K USD 1 Quarter
Interest Expense InterestExpenseOther $921.31K USD 1 Quarter
Interest Expense InterestExpenseOther $72.31K USD 1 Quarter
Gain on settlement of debt GainLossRelatedToLitigationSettlement $64.65K USD 1 Quarter
Gain on settlement of debt GainLossRelatedToLitigationSettlement - USD 1 Quarter
Loss on change in fair value of warrant liability DerivativeGainLossOnDerivativeNet $-582.39K USD 1 Quarter
Loss on change in fair value of warrant liability DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Other income, net OtherNonoperatingIncome $1.00 USD 1 Quarter
Other income, net OtherNonoperatingIncome $1.31K USD 1 Quarter
Total Other Income (Expense) OtherNonoperatingIncomeExpense $-71.00K USD 1 Quarter
Total Other Income (Expense) OtherNonoperatingIncomeExpense $-1.44M USD 1 Quarter
NET LOSS NetIncomeLoss $-838.38K USD 1 Quarter
NET LOSS NetIncomeLoss $-2.29M USD 1 Quarter
Series A preferred stock dividends PreferredStockDividendsAndOtherAdjustments - USD 1 Quarter
Series A preferred stock dividends PreferredStockDividendsAndOtherAdjustments $5.92K USD 1 Quarter
Net loss applicable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $-2.30M USD 1 Quarter
Net loss applicable to common stock NetIncomeLossAvailableToCommonStockholdersBasic $-838.38K USD 1 Quarter
Basic & Diluted EarningsPerShareBasicAndDiluted $-1.21 USD 1 Quarter
Basic & Diluted EarningsPerShareBasicAndDiluted $-0.45 USD 1 Quarter
Basic & Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 1.89M shares 1 Quarter
Basic & Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted 1.88M shares 1 Quarter
Cash Flow Statement 75 line items
Line Item Tag Value Unit Period
Cash fees PaymentsForFees $117.00K USD 1 Quarter
Net Loss NetIncomeLoss $-838.38K USD 1 Quarter
Net Loss NetIncomeLoss $-2.29M USD 1 Quarter
Depreciation and amortization Depreciation $12.19K USD 1 Quarter
Depreciation and amortization Depreciation $12.10K USD 1 Quarter
Gain on settlement of debt GainLossRelatedToLitigationSettlement $64.65K USD 1 Quarter
Gain on settlement of debt GainLossRelatedToLitigationSettlement - USD 1 Quarter
Stock issued for services IssuanceOfStockAndWarrantsForServicesOrClaims $95.04K USD 1 Quarter
Stock issued for services IssuanceOfStockAndWarrantsForServicesOrClaims $15.00K USD 1 Quarter
Interest expense related to debt discounts of notes payable InterestExpenseDebt $844.99K USD 1 Quarter
Interest expense related to debt discounts of notes payable InterestExpenseDebt - USD 1 Quarter
Amortization of stock based prepaid consulting fees OtherAmortizationOfDeferredCharges $198.07K USD 1 Quarter
Amortization of stock based prepaid consulting fees OtherAmortizationOfDeferredCharges - USD 1 Quarter
Loss related to warrants exchanged for stock InterestRelatedToWarrantsExchangedForStock $630.00 USD 1 Quarter
Loss related to warrants exchanged for stock InterestRelatedToWarrantsExchangedForStock - USD 1 Quarter
Warrant derivative loss DerivativeGainLossOnDerivativeNet $-582.39K USD 1 Quarter
Warrant derivative loss DerivativeGainLossOnDerivativeNet - USD 1 Quarter
Accounts receivable IncreaseDecreaseInReceivables $-314.80K USD 1 Quarter
Accounts receivable IncreaseDecreaseInReceivables $267.88K USD 1 Quarter
Costs and estimated earnings on uncompleted contracts CostsAndEstimatedEarningsOnProjects $-329.03K USD 1 Quarter
Costs and estimated earnings on uncompleted contracts CostsAndEstimatedEarningsOnProjects $13.18K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpense $45.34K USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidExpense $-61.97K USD 1 Quarter
Accounts payable IncreaseDecreaseInOtherAccountsPayable $53.25K USD 1 Quarter
Accounts payable IncreaseDecreaseInOtherAccountsPayable $118.52K USD 1 Quarter
Accounts payable-related party IncreaseDecreaseInAccountsPayableRelatedParties $1.41K USD 1 Quarter
Accounts payable-related party IncreaseDecreaseInAccountsPayableRelatedParties $11.13K USD 1 Quarter
Payroll taxes payable IncreaseDecreaseInEmployeeRelatedLiabilities $259.06K USD 1 Quarter
Payroll taxes payable IncreaseDecreaseInEmployeeRelatedLiabilities $160.15K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $52.23K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $77.11K USD 1 Quarter
Billings in excess of costs and earnings on uncompleted contracts IncreaseDecreaseInAccruedInterestReceivableNet $-1.50K USD 1 Quarter
Billings in excess of costs and earnings on uncompleted contracts IncreaseDecreaseInAccruedInterestReceivableNet $-116.98K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-298.89K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-261.20K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-91.25K USD 1 Quarter
Net cash used in operating activities NetCashProvidedByUsedInOperatingActivities $-675.53K USD 1 Quarter
Purchase of patents/trademarks PaymentsToAcquireIntangibleAssets - USD 1 Quarter
Purchase of patents/trademarks PaymentsToAcquireIntangibleAssets $70.00 USD 1 Quarter
Purchase of fixed assets PaymentsToAcquireLeaseReceivables $16.27K USD 1 Quarter
Purchase of fixed assets PaymentsToAcquireLeaseReceivables $19.03K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-19.10K USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-16.27K USD 1 Quarter
Bank overdraft ProceedsFromRepaymentsOfBankOverdrafts - USD 1 Quarter
Bank overdraft ProceedsFromRepaymentsOfBankOverdrafts $3.60K USD 1 Quarter
Proceeds from related party notes ProceedsFromRepaymentsOfRelatedPartyDebt $50.00K USD 1 Quarter
Proceeds from related party notes ProceedsFromRepaymentsOfRelatedPartyDebt $-13.61K USD 1 Quarter
Repayments of related party notes RepaymentsOfRelatedPartyDebt - USD 1 Quarter
Repayments of related party notes RepaymentsOfRelatedPartyDebt $41.18K USD 1 Quarter
Repayments of insurance and equipment financing RepaymentsOfInsuranceAndEquipmentFinancing $26.29K USD 1 Quarter
Repayments of insurance and equipment financing RepaymentsOfInsuranceAndEquipmentFinancing $34.46K USD 1 Quarter
Repayments of notes payable ProceedsFromRepaymentsOfNotesPayable $-7.50K USD 1 Quarter
Repayments of notes payable ProceedsFromRepaymentsOfNotesPayable $-172.50K USD 1 Quarter
Proceeds of notes payable, net of $117,000 cash fees ProceedsFromNotesPayable $783.00K USD 1 Quarter
Proceeds of notes payable, net of $117,000 cash fees ProceedsFromNotesPayable - USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $570.60K USD 1 Quarter
Net cash (used in) provided by financing activities NetCashProvidedByUsedInFinancingActivities $-29.54K USD 1 Quarter
Net decrease in cash CashAndCashEquivalentsPeriodIncreaseDecrease $-121.19K USD 1 Quarter
Net decrease in cash CashAndCashEquivalentsPeriodIncreaseDecrease $-139.88K USD 1 Quarter
Cash, beginning of period OtherCashEquivalentsAtCarryingValue $174.38K USD Point-in-time
Cash, beginning of period OtherCashEquivalentsAtCarryingValue $140.13K USD Point-in-time
Cash, end of period CashAndCashEquivalentsAtCarryingValue $53.19K USD Point-in-time
Cash, end of period CashAndCashEquivalentsAtCarryingValue $250.00 USD Point-in-time
Interest paid InterestPaid $5.97K USD 1 Quarter
Interest paid InterestPaid $45.33K USD 1 Quarter
Taxes paid IncomeTaxesPaid - USD 1 Quarter
Taxes paid IncomeTaxesPaid - USD 1 Quarter
Common stock issued for prepaid consulting services StockIssued1 - USD 1 Quarter
Common stock issued for prepaid consulting services StockIssued1 $273.60K USD 1 Quarter
Accrued interest forgiven related to note payable settlement DebtInstrumentDecreaseForgiveness - USD 1 Quarter
Accrued interest forgiven related to note payable settlement DebtInstrumentDecreaseForgiveness $20.70K USD 1 Quarter
Debt discount related to notes payable DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction - USD 1 Quarter
Debt discount related to notes payable DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction $992.37K USD 1 Quarter
Note issued for financing of insurance premiums NotesIssued1 $127.62K USD 1 Quarter
Note issued for financing of insurance premiums NotesIssued1 $123.58K USD 1 Quarter

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

NEWS
Loading news...
TRENDING
Loading...