Annual report pursuant to Section 13 and 15(d)

Note 2 - Restatement of Previously Issued Financial Statements - Schedule of Misstatements (Details)

v3.24.1.u1
Note 2 - Restatement of Previously Issued Financial Statements - Schedule of Misstatements (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2023
Sep. 30, 2023
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash and Cash Equivalents $ 2,013,000 $ 588,000   $ 588,000 $ 2,013,000 $ 862,000 $ 1,200,000  
Accounts Receivable, Net 1,277,000 862,000   862,000 1,277,000 1,004,000 313,000  
Inventory 2,560,000 2,952,000   2,952,000 2,560,000 1,700,000 1,655,000  
Prepaid Expenses & Other Assets 574,000 691,000   691,000 574,000 470,000 491,000  
Notes Receivable 625,000 625,000   625,000 625,000 645,000 625,000  
Total Current Assets 7,049,000 5,718,000   5,718,000 7,049,000 4,693,000 4,575,000  
Property, Equipment and Leasehold Improvements, Net 10,825,000 12,577,000   12,577,000 10,825,000 9,766,000 11,677,000  
Total Intangible Assets, Net 1,359,000 1,734,000   1,734,000 1,359,000 1,359,000 2,859,000  
Goodwill 3,585,000 3,585,000   3,585,000 3,585,000 3,585,000 3,585,000 $ 48,132,000
Other Assets 12,380,000 14,646,000   14,646,000 12,380,000 10,506,000 14,894,000  
TOTAL ASSETS 36,531,000 38,260,000   38,260,000 36,531,000 32,071,000 40,510,000  
Accounts Payable 12,164,000 10,425,000   10,425,000 12,164,000 13,848,000 12,990,000  
Accrued Liabilities 7,226,000 5,608,000   5,608,000 7,226,000      
Current Lease Liabilities 2,051,000 2,133,000   2,133,000 2,051,000 1,914,000 1,836,000  
Current Portion of Notes Payable 28,516,000 25,879,000   25,879,000 28,516,000 22,593,000 29,662,000  
Income Taxes Payable 10,886,000 10,577,000   10,577,000 10,886,000 16,637,000 10,073,000  
Total Current Liabilities 60,843,000 54,622,000   54,622,000 60,843,000 62,548,000 59,145,000  
Notes Payable, Net of Current Portion and Discounts 4,071,000 6,642,000   6,642,000 4,071,000 6,485,000 4,814,000  
Deferred Tax Liabilities 0 0   0 0 112,000 0  
Lease Liabilities 10,202,000 12,304,000   12,304,000 10,202,000 8,622,000 11,705,000  
TOTAL LIABILITIES 75,116,000 73,568,000   73,568,000 75,116,000 77,767,000 77,047,000  
Preferred Stock, Convertible Series V, par value $0.001: 25,000,000 shares authorized; 14,071,431 and nil shares outstanding as of December 31, 2023 and 2022, respectively 1,000 1,000   1,000 1,000 1,000 0  
Common Stock (par value $0.001): 990,000,000 shares authorized, 8,509,384 and 6,795,136 shares outstanding as of December 31, 2023 and 2022, respectively 8,000 8,000   8,000 8,000 9,000 7,000  
Additional Paid-In Capital 407,655,000 407,570,000   407,570,000 407,655,000 408,473,000 404,313,000  
Accumulated Deficit (446,249,000) (442,887,000)   (442,887,000) (446,249,000) (454,179,000) (440,049,000)  
Total Equity Attributable to Stockholders of Unrivaled Brands, Inc. (38,585,000) (35,308,000)   (35,308,000) (38,585,000) (45,696,000) (36,537,000)  
Non-Controlling Interest 0 0   0 0 0 0  
TOTAL STOCKHOLDERS’ DEFICIT (38,585,000) (35,308,000) $ (33,702,000) (35,308,000) (38,585,000) (45,696,000) (36,537,000) 146,487,000
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 36,531,000 38,260,000   38,260,000 36,531,000 32,071,000 40,510,000  
Investments 1,333       1,333 2,067,000 210,000  
Revenue 8,612,000 8,797,000   18,037,000 26,649,000 33,229,000 52,015,000  
Cost of Goods Sold 4,618,000 4,197,000   8,742,000 13,360,000 15,565,000 33,875,000  
Gross Profit 3,994,000 4,600,000   9,295,000 13,289,000 17,664,000 18,140,000  
Operating Expenses (Income):                
Selling, General & Administrative 7,529,000 8,071,000   13,668,000 21,197,000 30,263,000 52,684,000  
Loss (Gain) on Disposal of Assets 1,540,000 67,000   67,000 1,607,000 1,607,000 (13,432,000)  
Total Operating Expenses 9,069,000 8,138,000   13,735,000 22,804,000 31,870,000 202,950,000  
Loss from Operations (5,075,000) (3,538,000)   (4,440,000) (9,515,000) (14,206,000) (184,810,000)  
Other Income (Expense):                
Interest Expense, Net (944,000) (187,000)   (1,211,000) (2,155,000) (3,777,000) (4,173,000)  
Gain on Extinguishment of Debt 0 0   3,026,000 3,026,000 5,441,000 542,000  
Gain on Settlement of Liabilities (41,000) 110,000   110,000 69,000      
Loss on Sale of Investments 0 0   (61,000) (61,000) (61,000) 0  
Other Income 442,000 242,000   271,000 713,000 1,001,000 1,537,000  
Total Other Income (Expense), Net 2,022,000 165,000   2,135,000 4,157,000 4,503,000 (1,884,000)  
Loss from Operations Before Provision for Income Taxes (3,053,000) (3,373,000)   (2,305,000) (5,358,000) (9,703,000) (186,694,000)  
Provision for Income Tax (Expense) Benefit (309,000) 125,000   (533,000) (842,000) (4,116,000) 2,784,000  
NET LOSS $ (3,362,000) $ (3,248,000)   $ (2,838,000) $ (6,200,000) $ (14,130,000) $ (188,656,000)  
Net Loss per Common Share - Basic and Diluted (in dollars per share) $ (0.35) $ (0.39)   $ (0.33) $ (0.72) $ (1.72) $ (32.04)  
Weighted-Average Shares Outstanding - Basic and Diluted (in shares) 9,664,672 8,352,745   8,516,196 8,565,753 8,193,853 5,896,062  
Revenue $ 8,612,000 $ 8,797,000   $ 18,037,000 $ 26,649,000 $ 33,229,000 $ 52,015,000  
Cost of Goods Sold 4,618,000 4,197,000   8,742,000 13,360,000 15,565,000 33,875,000  
Gross Profit 3,994,000 4,600,000   9,295,000 13,289,000 17,664,000 18,140,000  
Employer Retention Credit 1,232,000       1,232,000 1,232,000 0  
Unrealized Gain on Investments 1,333,000     (0) 1,333,000 667,000 210,000  
Balance (35,308,000) (33,702,000) (36,537,000) (36,537,000) (36,537,000) (36,537,000) 146,487,000  
Net Loss Attributable to Unrivaled Brands, Inc. (3,362,000) (3,248,000)       $ (14,130,000) (188,931,000)  
Stock Compensation - Services Expense (in shares)           961,783    
Stock Compensation - Services Expense   1,553,000       $ 1,910,000 695,000  
Stock Option Exercise 85,000 89,000       $ 525,000 0  
Forfeiture and Cancellation of Treasury Stock (in shares)           (32,084)    
Forfeiture and Cancellation of Treasury Stock   0       $ 0    
Cashless Warrants Exercise (in shares)           25,146    
Cashless Warrants Exercise 0         $ 0 0  
Balance (38,585,000) (35,308,000) (33,702,000) (35,308,000) (38,585,000) (45,696,000) (36,537,000)  
CASH FLOWS FROM OPERATING ACTIVITIES:                
NET LOSS (3,362,000) (3,248,000)   (2,838,000) (6,200,000) (14,130,000) (188,656,000)  
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:                
Bad Debt Expense       (7,000) (7,000) 462,000 2,560,000  
Gain from Settlement of Liabilities 41,000 (110,000)   (110,000) (69,000)      
Loss on Sale of Investments       61,000 61,000 61,000 0  
Gain on Extinguishment of Debt 0 0   (3,026,000) (3,026,000) (5,441,000) (542,000)  
Non-Cash Interest Expense       193,000 360,000 344,000 1,326,000  
Loss (Gain) on Disposal of Assets 1,540,000 67,000   67,000 1,607,000 1,607,000 (13,432,000)  
Depreciation and Amortization       1,558,000 2,137,000 1,940,000 8,898,000  
Amortization of Operating Lease Right-of-Use Asset       999,000 1,507,000 1,722,000 2,050,000  
Stock-Based Compensation       2,097,000 2,182,000 2,435,000 4,919,000  
Unrealized Gain on Investments (1,333,000)     0 (1,333,000) (667,000) (210,000)  
Change in Operating Assets and Liabilities:                
Accounts Receivable       (542,000) (957,000) (1,153,000) 1,140,000  
Inventory       (1,013,000) (621,000) (45,000) 4,016,000  
Prepaid Expenses and Other Current Assets       (193,000) (76,000) 9,000 282,000  
Other Assets       0 (6,000) 268,000 4,798,000  
Accounts Payable and Accrued Expenses       1,256,000 4,881,000 12,513,000 7,396,000  
Operating Lease Liabilities       (647,000) (991,000) (1,243,000) (3,304,000)  
NET CASH USED IN OPERATING ACTIVITIES       (2,145,000) (551,000) (1,339,000) (7,949,000)  
CASH FLOWS FROM INVESTING ACTIVITIES:                
Purchase of Property and Equipment       (91,000) (159,000) (321,000) (1,804,000)  
Proceeds from Notes Receivable       634,000 634,000 634,000 375,000  
Proceeds from Sale of Investments       149,000 149,000 149,000 0  
NET CASH PROVIDED BY INVESTING ACTIVITIES       692,000 624,000 462,000 19,730,000  
CASH FLOWS FROM FINANCING ACTIVITIES:                
Payments of Debt Principal       (1,129,000) (1,230,000) (1,431,000) (21,650,000)  
Proceeds from Issuance of Preferred Stock       1,970,000 1,970,000 1,970,000 4,375,000  
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES       841,000 740,000 539,000 (17,275,000)  
NET CHANGE IN CASH       (612,000) 813,000 (338,000) (5,494,000)  
Cash at Beginning of Period 588,000   1,200,000 1,200,000 1,200,000 1,200,000 6,697,000  
CASH AT END OF PERIOD 2,013,000 588,000   588,000 2,013,000 862,000 1,200,000  
Preferred Stock [Member] | Series V Preferred Stock [Member]                
TOTAL STOCKHOLDERS’ DEFICIT $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000      
Other Income (Expense):                
Balance (in shares) 14,071,431 14,071,431            
Balance $ 1,000 $ 1,000            
Net Loss Attributable to Unrivaled Brands, Inc. 0 $ 0            
Stock Compensation - Services Expense (in shares)   0            
Stock Compensation - Services Expense   $ 0            
Stock Option Exercise $ 0 $ 0            
Forfeiture and Cancellation of Treasury Stock (in shares)   0            
Forfeiture and Cancellation of Treasury Stock   $ 0            
Cashless Warrants Exercise (in shares) 0              
Cashless Warrants Exercise $ 0              
Balance (in shares) 14,071,431 14,071,431 14,071,431 14,071,431 14,071,431      
Balance $ 1,000 $ 1,000 $ 1,000 $ 1,000 $ 1,000      
Common Stock [Member]                
TOTAL STOCKHOLDERS’ DEFICIT $ 8,000 $ 8,000 $ 7,000 $ 8,000 $ 8,000 $ 9,000 $ 7,000 5,000
Other Income (Expense):                
Balance (in shares) 7,724,835 6,956,948 6,795,136 6,795,136 6,795,136 6,795,136 4,985,463  
Balance $ 8,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 7,000 $ 5,000  
Net Loss Attributable to Unrivaled Brands, Inc. 0 $ 0       $ 0 $ 0  
Stock Compensation - Services Expense (in shares)   799,971       961,783 169,062  
Stock Compensation - Services Expense   $ 1,000       $ 1,000 $ 0  
Stock Option Exercise $ 0 $ 0       $ 0 $ 0  
Forfeiture and Cancellation of Treasury Stock (in shares)   (32,084)       (32,084)    
Forfeiture and Cancellation of Treasury Stock   $ 0       $ 0    
Cashless Warrants Exercise (in shares) 25,146         25,146 47,597  
Cashless Warrants Exercise $ 0         $ 0 $ 0  
Balance (in shares) 7,749,981 7,724,835 6,956,948 7,724,835 7,749,981 8,509,384 6,795,136  
Balance $ 8,000 $ 8,000 $ 7,000 $ 8,000 $ 8,000 $ 9,000 $ 7,000  
Treasury Stock, Common [Member]                
TOTAL STOCKHOLDERS’ DEFICIT 0 0 (810,000) 0 0 0 (808,000) (808,000)
Other Income (Expense):                
Balance 0 (810,000) (808,000) (808,000) (808,000) (808,000) (808,000)  
Net Loss Attributable to Unrivaled Brands, Inc. 0 0       0 0  
Stock Compensation - Services Expense   0       0 0  
Stock Option Exercise 0 0       0 0  
Forfeiture and Cancellation of Treasury Stock   810,000       808,000    
Cashless Warrants Exercise 0         0 0  
Balance 0 0 (810,000) 0 0 0 (808,000)  
Additional Paid-in Capital [Member]                
TOTAL STOCKHOLDERS’ DEFICIT 407,655,000 407,570,000 406,739,000 407,570,000 407,655,000 408,473,000 404,313,000 393,446,000
Other Income (Expense):                
Balance 407,570,000 406,739,000 404,313,000 404,313,000 404,313,000 404,313,000 393,446,000  
Net Loss Attributable to Unrivaled Brands, Inc. 0 0       0 0  
Stock Compensation - Services Expense   1,552,000       1,909,000 695,000  
Stock Option Exercise 85,000 89,000       525,000 0  
Forfeiture and Cancellation of Treasury Stock   (810,000)       (808,000)    
Cashless Warrants Exercise 0         0 0  
Balance 407,655,000 407,570,000 406,739,000 407,570,000 407,655,000 408,473,000 404,313,000  
Retained Earnings [Member]                
TOTAL STOCKHOLDERS’ DEFICIT (446,249,000) (442,887,000) (439,639,000) (442,887,000) (446,249,000) (454,179,000) (440,049,000) (250,015,000)
Other Income (Expense):                
Balance (442,887,000) (439,639,000) (440,049,000) (440,049,000) (440,049,000) (440,049,000) (250,015,000)  
Net Loss Attributable to Unrivaled Brands, Inc. (3,362,000) (3,248,000)       (14,130,000) (188,931,000)  
Stock Compensation - Services Expense   0       0 0  
Stock Option Exercise 0 0       0 0  
Forfeiture and Cancellation of Treasury Stock   0       0    
Cashless Warrants Exercise 0         0 0  
Balance (446,249,000) (442,887,000) (439,639,000) (442,887,000) (446,249,000) (454,179,000) (440,049,000)  
Noncontrolling Interest [Member]                
TOTAL STOCKHOLDERS’ DEFICIT 0 0 0 0 0 0 0 $ 3,859,000
Other Income (Expense):                
Balance 0 0 0 0 0 0 3,859,000  
Net Loss Attributable to Unrivaled Brands, Inc. 0 0       0 0  
Stock Compensation - Services Expense   0       0 0  
Stock Option Exercise 0 0       0 0  
Forfeiture and Cancellation of Treasury Stock   0       0    
Cashless Warrants Exercise 0         0 0  
Balance 0 0 $ 0 0 0 $ 0 $ 0  
Previously Reported [Member]                
Cash and Cash Equivalents 2,013,000 588,000   588,000 2,013,000      
Accounts Receivable, Net 1,277,000 862,000   862,000 1,277,000      
Inventory 2,560,000 2,952,000   2,952,000 2,560,000      
Prepaid Expenses & Other Assets 574,000 691,000   691,000 574,000      
Notes Receivable 625,000 625,000   625,000 625,000      
Total Current Assets 7,049,000 5,718,000   5,718,000 7,049,000      
Property, Equipment and Leasehold Improvements, Net 10,825,000 12,577,000   12,577,000 10,825,000      
Total Intangible Assets, Net 1,359,000 1,734,000   1,734,000 1,359,000      
Goodwill 3,585,000 3,585,000   3,585,000 3,585,000      
Other Assets 12,380,000 14,646,000   14,646,000 12,380,000      
TOTAL ASSETS 36,531,000 38,260,000   38,260,000 36,531,000      
Accounts Payable 12,164,000 10,425,000   10,425,000 12,164,000      
Accrued Liabilities 7,226,000 5,608,000   5,608,000 7,226,000      
Current Lease Liabilities 2,051,000 2,133,000   2,133,000 2,051,000      
Current Portion of Notes Payable 28,516,000 25,879,000   25,879,000 28,516,000      
Income Taxes Payable 9,080,000 8,771,000   8,771,000 9,080,000      
Total Current Liabilities 59,037,000 52,816,000   52,816,000 59,037,000      
Notes Payable, Net of Current Portion and Discounts 4,071,000 6,642,000   6,642,000 4,071,000      
Deferred Tax Liabilities 0 0   0 0      
Lease Liabilities 10,202,000 12,304,000   12,304,000 10,202,000      
TOTAL LIABILITIES 73,310,000 71,762,000   71,762,000 73,310,000      
Preferred Stock, Convertible Series V, par value $0.001: 25,000,000 shares authorized; 14,071,431 and nil shares outstanding as of December 31, 2023 and 2022, respectively 1,000 1,000   1,000 1,000      
Common Stock (par value $0.001): 990,000,000 shares authorized, 8,509,384 and 6,795,136 shares outstanding as of December 31, 2023 and 2022, respectively 8,000 8,000   8,000 8,000      
Additional Paid-In Capital 407,655,000 407,570,000   407,570,000 407,655,000      
Accumulated Deficit (444,443,000) (441,081,000)   (441,081,000) (444,443,000)      
Total Equity Attributable to Stockholders of Unrivaled Brands, Inc. (36,779,000) (33,502,000)   (33,502,000) (36,779,000)      
Non-Controlling Interest 0 0   0 0      
TOTAL STOCKHOLDERS’ DEFICIT (36,779,000) (33,502,000)   (33,502,000) (36,779,000)      
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT 36,531,000 38,260,000   38,260,000 36,531,000      
Investments 1,333       1,333      
Revenue 8,612,000 8,797,000   18,037,000 26,649,000      
Cost of Goods Sold 4,618,000 4,197,000   8,742,000 13,360,000      
Gross Profit 3,994,000 4,600,000   9,295,000 13,289,000      
Operating Expenses (Income):                
Selling, General & Administrative 7,529,000 8,071,000   13,668,000 21,197,000      
Loss (Gain) on Disposal of Assets 1,540,000 (1,739,000)   (1,739,000) (199,000)      
Total Operating Expenses 9,069,000 6,332,000   11,929,000 20,998,000      
Loss from Operations (5,075,000) (1,732,000)   (2,634,000) (7,709,000)      
Other Income (Expense):                
Interest Expense, Net (944,000) (187,000)   (1,211,000) (2,155,000)      
Gain on Extinguishment of Debt 0 0   3,026,000 3,026,000      
Gain on Settlement of Liabilities (41,000) 110,000   110,000 69,000      
Loss on Sale of Investments 0 0   (61,000) (61,000)      
Other Income 442,000 242,000   271,000 713,000      
Total Other Income (Expense), Net 2,022,000 165,000   2,135,000 4,157,000      
Loss from Operations Before Provision for Income Taxes (3,053,000) (1,567,000)   (499,000) (3,552,000)      
Provision for Income Tax (Expense) Benefit (309,000) 125,000   (533,000) (842,000)      
NET LOSS $ (3,362,000) $ (1,442,000)   $ (1,032,000) $ (4,394,000)      
Net Loss per Common Share - Basic and Diluted (in dollars per share) $ (0.35) $ (0.17)   $ (0.12) $ (0.51)      
Weighted-Average Shares Outstanding - Basic and Diluted (in shares) 9,664,672 8,352,745   8,516,196 8,565,753      
Revenue $ 8,612,000 $ 8,797,000   $ 18,037,000 $ 26,649,000      
Cost of Goods Sold 4,618,000 4,197,000   8,742,000 13,360,000      
Gross Profit 3,994,000 4,600,000   9,295,000 13,289,000      
Employer Retention Credit 1,232,000       1,232,000      
Unrealized Gain on Investments 1,333,000       1,333,000      
Balance (33,502,000)              
Balance (36,779,000) (33,502,000)   (33,502,000) (36,779,000)      
CASH FLOWS FROM OPERATING ACTIVITIES:                
NET LOSS (3,362,000) (1,442,000)   (1,032,000) (4,394,000)      
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:                
Gain from Settlement of Liabilities 41,000 (110,000)   (110,000) (69,000)      
Gain on Extinguishment of Debt 0 0   (3,026,000) (3,026,000)      
Loss (Gain) on Disposal of Assets 1,540,000 (1,739,000)   (1,739,000) (199,000)      
Unrealized Gain on Investments (1,333,000)       (1,333,000)      
Revision of Prior Period, Adjustment [Member]                
Cash and Cash Equivalents 0 0   0 0      
Accounts Receivable, Net 0 0   0 0      
Inventory 0 0   0 0      
Prepaid Expenses & Other Assets 0 0   0 0      
Notes Receivable 0 0   0 0      
Total Current Assets        
Property, Equipment and Leasehold Improvements, Net 0 0   0 0      
Total Intangible Assets, Net 0 0   0 0      
Goodwill 0 0   0 0      
Other Assets 0 0   0 0      
TOTAL ASSETS        
Accounts Payable 0 0   0 0      
Accrued Liabilities 0 0   0 0      
Current Lease Liabilities 0 0   0 0      
Current Portion of Notes Payable 0 0   0 0      
Income Taxes Payable 1,806,000 1,806,000 [1]   1,806,000 [1] 1,806,000      
Total Current Liabilities        
Notes Payable, Net of Current Portion and Discounts 0 0   0 0      
Deferred Tax Liabilities 0 0   0 0      
Lease Liabilities 0 0   0 0      
TOTAL LIABILITIES        
Preferred Stock, Convertible Series V, par value $0.001: 25,000,000 shares authorized; 14,071,431 and nil shares outstanding as of December 31, 2023 and 2022, respectively 0 0   0 0      
Common Stock (par value $0.001): 990,000,000 shares authorized, 8,509,384 and 6,795,136 shares outstanding as of December 31, 2023 and 2022, respectively 0 0   0 0      
Additional Paid-In Capital 0 0   0 0      
Accumulated Deficit (1,806,000) (1,806,000)   (1,806,000) (1,806,000)      
Total Equity Attributable to Stockholders of Unrivaled Brands, Inc.        
Non-Controlling Interest 0 0   0 0      
TOTAL STOCKHOLDERS’ DEFICIT        
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT        
Investments 0       0      
Revenue 0 0   0 0      
Cost of Goods Sold 0 0   0 0      
Gross Profit        
Operating Expenses (Income):                
Selling, General & Administrative 0 0   0 0      
Loss (Gain) on Disposal of Assets 0 1,806,000 [1]   1,806,000 [1] 1,806,000 [1]      
Total Operating Expenses        
Loss from Operations        
Other Income (Expense):                
Interest Expense, Net 0 0   0 0      
Gain on Extinguishment of Debt 0 0   0 0      
Gain on Settlement of Liabilities 0 0   0 0      
Loss on Sale of Investments 0 0   0 0      
Other Income 0 0   0 0      
Total Other Income (Expense), Net        
Loss from Operations Before Provision for Income Taxes        
Provision for Income Tax (Expense) Benefit 0 0   0 0      
NET LOSS        
Net Loss per Common Share - Basic and Diluted (in dollars per share)        
Weighted-Average Shares Outstanding - Basic and Diluted (in shares)        
Revenue $ 0 $ 0   $ 0 $ 0      
Cost of Goods Sold 0 0   0 0      
Gross Profit        
Employer Retention Credit 0       0      
Unrealized Gain on Investments 0       0      
Balance              
Balance        
CASH FLOWS FROM OPERATING ACTIVITIES:                
NET LOSS        
Adjustments to Reconcile Net Loss to Net Cash Used in Operating Activities:                
Gain from Settlement of Liabilities 0 0   0 0      
Gain on Extinguishment of Debt 0 0   0 0      
Loss (Gain) on Disposal of Assets 0 $ 1,806,000 [1]   $ 1,806,000 [1] 1,806,000 [1]      
Unrealized Gain on Investments $ 0       $ 0      
[1] Income taxes payable The Company previously incorrectly wrote off its uncertain tax position related to the dissolution of UMBRLA which is included in income taxes payable and offset by gain on disposal of assets.