Document And Entity Information
Document And Entity Information - shares | 3 Months Ended | |
Dec. 31, 2020 | Feb. 21, 2021 | |
Document Information [Line Items] | ||
Entity Registrant Name | MASTERMIND, INC. | |
Entity Central Index Key | 0001088638 | |
Current Fiscal Year End Date | --09-30 | |
Entity Filer Category | Non-accelerated Filer | |
Entity Current Reporting Status | Yes | |
Entity Emerging Growth Company | false | |
Entity Small Business | true | |
Entity Interactive Data Current | Yes | |
Entity Common Stock, Shares Outstanding (in shares) | 34,505,520 | |
Entity Shell Company | false | |
Document Type | 10-Q/A | |
Document Period End Date | Dec. 31, 2020 | |
Document Fiscal Year Focus | 2021 | |
Document Fiscal Period Focus | Q1 | |
Amendment Flag | true | |
Amendment Description | The purpose of this Amendment No. 1 to our Annual Report on Form 10-K for the fiscal year ended September 30, 2019, as filed with the Securities and Exchange Commission on January 14, 2020, is to furnish the interactive data files as Exhibit 101 to the Form 10-K. Exhibit 101 to this Amendment No. 1 provides the following items from the Form 10-K formatted in XBRL (Extensible Business Reporting Language): (i) our balance sheets, (ii) our statements of income, (iii) our statements of stockholders' equity, (iv) our statements of cash flows, and (v) the notes to our financial statements. No other changes have been made to the Form 10-K other than those described above. This Amendment No. 1 does not reflect subsequent events occurring after the original filing date of the Form 10-K or modify or update in any way disclosures made in the Form 10-K. |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($) | Dec. 31, 2020 | Sep. 30, 2020 |
Current assets: | ||
Cash and cash equivalents | $ 432,216 | $ 807,262 |
Accounts receivable | 607,688 | 747,472 |
Unbilled receivables | 410,655 | 40,019 |
Prepaid expenses and other current assets | 194,872 | 173,424 |
Income tax receivable | 117,710 | 117,710 |
Total current assets | 1,763,141 | 1,885,887 |
Property and equipment, net | 64,307 | 65,828 |
Right-of-use asset, net | 339,614 | 364,714 |
Total assets | 2,167,062 | 2,316,429 |
Current liabilities: | ||
Accounts payable and accrued expenses | 74,507 | 123,216 |
Accounts payable and accrued expenses, related parties | 100,000 | 100,000 |
Unearned revenues | 82,450 | |
Deferred tax liabilities | 171,605 | 169,452 |
Lease obligation, current | 103,915 | 102,499 |
Total current liabilities | 450,026 | 577,617 |
Lease obligation, net of current portion | 235,699 | 262,215 |
Notes Payable-PPP loan | 301,750 | 301,750 |
Total liabilities | 987,475 | 1,141,582 |
Stockholders' Equity: | ||
Preferred stock, $0.001 par value; 1,000,000 shares authorized; no shares issued and outstanding as of December 31, 2020 and September 30, 2020 | ||
Common stock, $0.001 par value, 125,000,000 shares authorized, 33,870,520 shares issued and outstanding as of December 31, 2020 and September 30, 2020 | 33,871 | 33,871 |
Retained earnings | 1,145,715 | 1,140,976 |
Total stockholders’ equity | 1,179,586 | 1,174,847 |
Total liabilities and stockholders’ equity | $ 2,167,062 | $ 2,316,429 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares | Dec. 31, 2020 | Sep. 30, 2020 |
Preferred stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Preferred stock, shares authorized (in shares) | 1,000,000 | 1,000,000 |
Preferred stock, shares issued (in shares) | 0 | 0 |
Preferred stock, shares outstanding (in shares) | 0 | 0 |
Common stock, par value (in dollars per share) | $ 0.001 | $ 0.001 |
Common stock, shares authorized (in shares) | 125,000,000 | 125,000,000 |
Common stock, shares issued (in shares) | 33,870,520 | 33,870,520 |
Common stock, shares outstanding (in shares) | 33,870,520 | 33,870,520 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ / shares in Thousands | 3 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Revenues | $ 1,077,159 | $ 1,066,287 |
Cost of revenues | 565,302 | 404,632 |
Gross Profit | 511,857 | 661,655 |
Operating Expenses: | ||
General and administrative | 505,358 | 579,060 |
Total operating expenses | 505,358 | 579,060 |
Income from operations | 6,499 | 82,595 |
Other Income (Expense), Net: | ||
Loss on disposal | (660) | |
Merger and acquisition expense | (9,445) | |
Interest income, net | 393 | 398 |
Total other income (expense), net | 393 | (9,707) |
Net income before provision for income taxes | 6,892 | 72,888 |
Provision for income taxes | 2,153 | 23,414 |
Net income | $ 4,739 | $ 49,474 |
Net income per common share: | ||
Basic (in dollars per share) | $ 0 | $ 0 |
Diluted (in dollars per share) | $ 0 | $ 0 |
Weighted average common shares outstanding: | ||
Basic (in shares) | 33,870,520 | 33,870,520 |
Diluted (in shares) | 33,870,520 | 33,870,520 |
Consolidated Statements of Stoc
Consolidated Statements of Stockholders' Equity (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Total |
Balance (in shares) at Sep. 30, 2019 | 33,870,520 | |||
Balance at Sep. 30, 2019 | $ 33,871 | $ 999,803 | $ 1,033,674 | |
Net income | 49,474 | 49,474 | $ 49,474 | |
Balance (in shares) at Dec. 31, 2019 | 33,870,520 | |||
Balance at Dec. 31, 2019 | $ 33,871 | 1,049,277 | 1,083,148 | |
Balance (in shares) at Sep. 30, 2020 | 33,870,520 | |||
Balance at Sep. 30, 2020 | $ 33,871 | 1,140,976 | 1,174,847 | 1,174,847 |
Net income | 4,739 | 4,739 | ||
Balance (in shares) at Dec. 30, 2020 | 33,870,520 | |||
Balance at Dec. 30, 2020 | $ 33,871 | 1,145,715 | 1,179,586 | |
Balance (in shares) at Sep. 30, 2020 | 33,870,520 | |||
Balance at Sep. 30, 2020 | $ 33,871 | $ 1,140,976 | $ 1,174,847 | 1,174,847 |
Net income | 4,739 | |||
Balance at Dec. 31, 2020 | $ 1,179,586 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Cash flows from operating activities: | ||
Net income | $ 4,739 | $ 49,474 |
Adjustments to reconcile net income to net cash flows from operating activities: | ||
Depreciation | 5,867 | 7,231 |
Loss on disposal of equipment | 660 | |
Changes in assets and liabilities: | ||
Accounts receivable | 139,874 | (487,935) |
Unbilled receivables | (370,636) | 48,472 |
Prepaid expenses and other current assets | (21,448) | (74,110) |
Accounts payable and accrued expenses | (48,709) | (16,923) |
Unearned revenues | (82,450) | 55,340 |
Deferred tax liabilities | 2,153 | 23,414 |
Net cash flows used in operating activities | (370,700) | (394,377) |
Cash flows from investing activities: | ||
Purchases of property and equipment | (4,346) | (1,534) |
Net cash flows used in investing activities | (4,346) | (1,534) |
Net change in cash and cash equivalents | (375,046) | (395,911) |
Cash and cash equivalents at beginning of period | 807,262 | 742,173 |
Cash and cash equivalents at end of period | 432,216 | 346,262 |
Supplemental disclosure of cash flow information: | ||
Income taxes paid | ||
Interest paid |
Note 1 - Business
Note 1 - Business | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Nature of Operations [Text Block] | 1. Business Mastermind, Inc. (the “Company”, “we”, “us”, or the “organization”) is an involvement marketing service agency that designs, creates and develops branding and marketing campaigns, primarily for large corporate clients with well-known brands. We specialize in customer conversion initiatives that we believe facilitate the involvement of more of the “right customers” with the brands of our clients. We focus on converting prospects to customers. Our programs can take on various forms, including creating and managing content marketing, influencer marketing, social marketing/community management, digital issues management promotions, Augmented Reality Marketing, and UX Analytics & Digital Intelligence. |
Note 2 - Interim Financial Stat
Note 2 - Interim Financial Statements and Basis of Presentation | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Basis of Accounting [Text Block] | 2. Interim Financial Statements and Basis of Presentation The accompanying unaudited consolidated financial statements have been prepared in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) for interim financial information pursuant to Rule 8 03 X. not three December 31, 2020 may not may 10 September 30, 2020 2019 The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and judgments, which are evaluated on an ongoing basis, and that affect the amounts reported in our unaudited financial statements and accompanying notes. Management bases its estimates on historical experience and on various other assumptions that it believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the amounts of revenues and expenses that are not There have been no December 31, 2020 10 September 30, 2020. In February 2016, 2016 02, 842 2016 02 2016 02 December 31, 2019, October 1, 2019. not 1 2 3 4 October 1, 2019, $461,740 not The recently declared pandemic related to the coronavirus (COVID- 19 |
Note 3 - Related Party Transact
Note 3 - Related Party Transactions | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Related Party Transactions Disclosure [Text Block] | 3. Related Party Transactions On January 3, 2012, one may January 3, 2012 $2,170,000 2019 2039 no December 31, 2039. three December 30, 2020 2019, $15,000 $15,000, December 31, 2020, September 30, 2020, no On January 3, 2014, 1450 9,000 15,000 not 10 $30,000 $30,000 three December 31, 2020 2019, During the three December 31, 2020 2019, $150,225 $250,225, December 31, 2020, September 30, 2020, $100,000 three |
Note 4 - Property and Equipment
Note 4 - Property and Equipment | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Property, Plant and Equipment Disclosure [Text Block] | 4. Property and Equipment Property and equipment consist of the following: December 3 1 , September 30, 2020 20 20 Furniture, fixtures and office equipment $ 134,944 $ 130,598 Leasehold improvements 73,795 73,795 Property and equipment, gross 208,739 204,393 Less: accumulated depreciation (144,432 ) (138,565 ) Property and equipment, net $ 64,307 $ 65,828 Depreciation expense for the three December 31, 2020 2019 $5,867 $7,231, |
Note 5 - Licensing Agreements
Note 5 - Licensing Agreements | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Licensing Agreement Commitments [Text Block] | 5. Licensing Agreements On January 3, 2012, one may January 3, 2012 $2,100,000 2019 2039 no December 31, 2039. $15,000 $15,000 three December 31, 2020, 2019, December 31, 2020 September 30, 2020, $45,000 $15,000, $15,000 In consideration for the Perpetual License, we agreed to pay the following fees through fiscal year 2040 2039 Period ending Amount Nine months ending fiscal year September 30, 2021 $ 60,000 Fiscal year ending September 30, 2022 60,000 Fiscal year ending September 30, 2023 60,000 Fiscal year ending September 30, 2024 60,000 Fiscal year ending September 30, 2025 60,000 Thereafter 1,680,000 $ 1,980,000 |
Note 6 - Notes Payable - PPP Lo
Note 6 - Notes Payable - PPP Loan | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Long-term Debt [Text Block] | 6. Notes Payable - PPP loan In April 2020, $301,750 The PPP Loan matures on the two 1.00% six not may All or a portion of the PPP Loan may eight twenty-four $100,000, Not 40% may $100,000 25%. |
Note 7 - Commitments and Contin
Note 7 - Commitments and Contingencies | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Commitments Disclosure [Text Block] | 7. Commitments and Contingencies On January 3, 2014, 1450 10 three December 31, 2020 2019, $30,000 $120,000, The Lease provides for the following total lease commitments pursuant to the Lease and we have also provided our expected portion of the lease commitments based on the updated verbal agreement with the landlord: Total Lease Commitment Expected Lease Commitment Nine months ending fiscal year September 30, 2021 $ 265,500 $ 90,000 Fiscal year ending September 30, 2022 363,000 120,000 Fiscal year ending September 30, 2023 384,000 120,000 Fiscal year ending September 30, 2024 97,500 30,000 $ 1,110,000 $ 360,000 We are not not |
Note 8 - Income Taxes
Note 8 - Income Taxes | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Income Tax Disclosure [Text Block] | 8 . Income Taxes We are required to file federal and state income tax returns in the United States. The preparation of these tax returns requires us to interpret the applicable tax laws and regulations in effect in such jurisdictions, which could affect the amount of tax paid by us. In consultation with our tax advisors, we base our tax returns on interpretations that are believed to be reasonable under the circumstances. The tax returns, however, are subject to routine reviews by the various federal and state taxing authorities in the jurisdictions in which we file tax returns. As part of these reviews, a taxing authority may may In assessing the realization of deferred tax assets, management considers whether it is more likely than not There were no December 31, 2020 September 30, 2020. no no |
Note 9 - Stockholders' Equity
Note 9 - Stockholders' Equity | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Stockholders' Equity Note Disclosure [Text Block] | 9 . Stockholders' Equity Preferred Stock As of December 31, 2020, September 30, 2020, 1,000,000 no December 31, 2020 September 30, 2020. Common Stock As of December 31, 2020, September 30, 2020, 125,000,000 33,870,520 Dividends During the three December 31, 2020 2019, no Common Stock Options As of December 31, 2020, September 30, 2020, 525,667 $0.15 no three December 31, 2020 December 31, 2019. A 2018 four million 4,000,000 85% No December 31, 2020 September 30, 2020. |
Note 10 - Concentration of Cred
Note 10 - Concentration of Credit Risk and Major Customers | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Concentration Risk Disclosure [Text Block] | 10 . Concentration of Credit Risk and Major Customers For the three December 31, 2020, three 10%, 10% 33%, For the three December 31, 2019, four 10%, 11%, 13% 14%, |
Note 11 - Subsequent Events
Note 11 - Subsequent Events | 3 Months Ended |
Dec. 31, 2020 | |
Notes to Financial Statements | |
Subsequent Events [Text Block] | 11 . Subsequent Events The Company has evaluated subsequent events through the date the financial statements were issued. The Company has determined that there are no On January 4, 2021, 635,000 |
Note 4 - Property and Equipme_2
Note 4 - Property and Equipment (Tables) | 3 Months Ended |
Dec. 31, 2020 | |
Notes Tables | |
Property, Plant and Equipment [Table Text Block] | December 3 1 , September 30, 2020 20 20 Furniture, fixtures and office equipment $ 134,944 $ 130,598 Leasehold improvements 73,795 73,795 Property and equipment, gross 208,739 204,393 Less: accumulated depreciation (144,432 ) (138,565 ) Property and equipment, net $ 64,307 $ 65,828 |
Note 5 - Licensing Agreements (
Note 5 - Licensing Agreements (Tables) | 3 Months Ended |
Dec. 31, 2020 | |
Notes Tables | |
Fees Committed to Pay in Consideration for Perpetual License [Table Text Block] | Period ending Amount Nine months ending fiscal year September 30, 2021 $ 60,000 Fiscal year ending September 30, 2022 60,000 Fiscal year ending September 30, 2023 60,000 Fiscal year ending September 30, 2024 60,000 Fiscal year ending September 30, 2025 60,000 Thereafter 1,680,000 $ 1,980,000 |
Note 7 - Commitments and Cont_2
Note 7 - Commitments and Contingencies (Tables) | 3 Months Ended |
Dec. 31, 2020 | |
Notes Tables | |
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block] | Total Lease Commitment Expected Lease Commitment Nine months ending fiscal year September 30, 2021 $ 265,500 $ 90,000 Fiscal year ending September 30, 2022 363,000 120,000 Fiscal year ending September 30, 2023 384,000 120,000 Fiscal year ending September 30, 2024 97,500 30,000 $ 1,110,000 $ 360,000 |
Note 2 - Interim Financial St_2
Note 2 - Interim Financial Statements and Basis of Presentation (Details Textual) - USD ($) | Dec. 31, 2020 | Sep. 30, 2020 | Oct. 01, 2019 |
Operating Lease, Right-of-Use Asset | $ 339,614 | $ 364,714 | |
Accounting Standards Update 2016-02 [Member] | |||
Operating Lease, Right-of-Use Asset | $ 461,740 | ||
Operating Lease, Liability, Total | $ 461,740 |
Note 3 - Related Party Transa_2
Note 3 - Related Party Transactions (Details Textual) - USD ($) | 3 Months Ended | 12 Months Ended | ||||
Dec. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2020 | Jan. 03, 2014 | Feb. 03, 2012 | Jan. 03, 2012 | |
Finite-Lived License Agreements, Gross | $ 2,170,000 | $ 2,100,000 | ||||
Lessee, Operating Lease, Term of Contract (Year) | 10 years | |||||
Operating Lease, Expense | $ 30,000 | $ 120,000 | ||||
Licensor [Member] | License Agreement [Member] | ||||||
Related Party Transaction, Expenses from Transactions with Related Party | 15,000 | 15,000 | ||||
Licensor [Member] | License Payments [Member] | ||||||
Related Party Transaction, Amounts of Transaction | 0 | $ 0 | ||||
Landlord [Member] | ||||||
Lessee, Operating Lease, Term of Contract (Year) | 10 years | |||||
Operating Lease, Expense | 30,000 | 30,000 | ||||
Majority Shareholder [Member] | ||||||
Related Party Transaction, Selling, General and Administrative Expenses from Transactions with Related Party | 150,225 | $ 250,225 | ||||
Due to Related Parties, Total | $ 100,000 | $ 100,000 |
Note 4 - Property and Equipme_3
Note 4 - Property and Equipment (Details Textual) - USD ($) | 3 Months Ended | |
Dec. 31, 2020 | Dec. 31, 2019 | |
Depreciation, Total | $ 5,867 | $ 7,231 |
Note 4 - Property and Equipme_4
Note 4 - Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) | Dec. 31, 2020 | Sep. 30, 2020 |
Furniture, fixtures and office equipment | $ 134,944 | $ 130,598 |
Leasehold improvements | 73,795 | 73,795 |
Property and equipment, gross | 208,739 | 204,393 |
Less: accumulated depreciation | (144,432) | (138,565) |
Property and equipment, net | $ 64,307 | $ 65,828 |
Note 5 - Licensing Agreements_2
Note 5 - Licensing Agreements (Details Textual) - USD ($) | 3 Months Ended | ||||
Dec. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2020 | Feb. 03, 2012 | Jan. 03, 2012 | |
Finite-Lived License Agreements, Gross | $ 2,170,000 | $ 2,100,000 | |||
Licensor [Member] | License Agreement [Member] | |||||
Related Party Transaction, Expenses from Transactions with Related Party | $ 15,000 | $ 15,000 | |||
Prepaid Expense, Current, Total | $ 45,000 | $ 15,000 |
Note 5 - Licensing Agreements -
Note 5 - Licensing Agreements - Perpetual Lease (Details) | Dec. 31, 2020USD ($) |
Nine months ending fiscal year September 30, 2021 | $ 60,000 |
Fiscal year ending September 30, 2022 | 60,000 |
Fiscal year ending September 30, 2023 | 60,000 |
Fiscal year ending September 30, 2024 | 60,000 |
Fiscal year ending September 30, 2025 | 60,000 |
Thereafter | 1,680,000 |
Consideration for Perpetual License, Fees Agreed to Pay | $ 1,980,000 |
Note 6 - Notes Payable - PPP _2
Note 6 - Notes Payable - PPP Loan (Details Textual) - USD ($) | Dec. 31, 2020 | Sep. 30, 2020 | Apr. 30, 2020 |
Notes Payable, Noncurrent, Total | $ 301,750 | $ 301,750 | |
Paycheck Protection Program CARES Act [Member] | |||
Notes Payable, Noncurrent, Total | $ 301,750 |
Note 7 - Commitments and Cont_3
Note 7 - Commitments and Contingencies (Details Textual) - USD ($) | 3 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Jan. 03, 2014 | |
Lessee, Operating Lease, Term of Contract (Year) | 10 years | ||
Operating Lease, Expense | $ 30,000 | $ 120,000 |
Note 7 - Commitments and Cont_4
Note 7 - Commitments and Contingencies - Lease Commitments (Details) | Dec. 31, 2020USD ($) |
The Lease [Member] | |
Nine months ending fiscal year September 30, 2021 | $ 265,500 |
Fiscal year ending September 30, 2022 | 363,000 |
Fiscal year ending September 30, 2023 | 384,000 |
Fiscal year ending September 30, 2024 | 97,500 |
Lessee, Operating Lease, Liability, to be Paid, Total | 1,110,000 |
Expected Lease [Member] | |
Nine months ending fiscal year September 30, 2021 | 90,000 |
Fiscal year ending September 30, 2022 | 120,000 |
Fiscal year ending September 30, 2023 | 120,000 |
Fiscal year ending September 30, 2024 | 30,000 |
Lessee, Operating Lease, Liability, to be Paid, Total | $ 360,000 |
Note 8 - Income Taxes (Details
Note 8 - Income Taxes (Details Textual) - USD ($) $ in Thousands | Dec. 31, 2020 | Sep. 30, 2020 |
Unrecognized Tax Benefits, Ending Balance | $ 0 | $ 0 |
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued, Total | $ 0 | $ 0 |
Note 9 - Stockholders' Equity (
Note 9 - Stockholders' Equity (Details Textual) - USD ($) $ / shares in Units, $ in Thousands | 3 Months Ended | 12 Months Ended | ||
Dec. 31, 2020 | Dec. 31, 2019 | Sep. 30, 2020 | Sep. 30, 2019 | |
Preferred Stock, Shares Authorized (in shares) | 1,000,000 | 1,000,000 | ||
Preferred Stock, Shares Issued, Total (in shares) | 0 | 0 | 0 | |
Preferred Stock, Shares Outstanding, Ending Balance (in shares) | 0 | 0 | 0 | |
Common Stock, Shares Authorized (in shares) | 125,000,000 | 125,000,000 | 125,000,000 | |
Common Stock, Shares, Issued, Total (in shares) | 33,870,520 | 33,870,520 | 33,870,520 | |
Common Stock, Shares, Issued, Total (in shares) | 33,870,520 | 33,870,520 | 33,870,520 | |
Dividends, Total | $ 0 | $ 0 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number, Ending Balance (in shares) | 525,667 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Number (in shares) | 525,667 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price, Ending Balance (in dollars per share) | $ 0.15 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercisable, Weighted Average Exercise Price (in dollars per share) | $ 0.15 | |||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Exercises in Period (in shares) | 0 | 0 | ||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 0 | 0 | ||
Percentage of Voting Securities | 85.00% | |||
The 2018 Equity Incentive Plan [Member] | ||||
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross (in shares) | 0 | 0 | ||
Common Stock, Capital Shares Reserved for Future Issuance (in shares) | 4,000,000 |
Note 10 - Concentration of Cr_2
Note 10 - Concentration of Credit Risk and Major Customers (Details Textual) - Customer Concentration Risk [Member] - Revenue from Contract with Customer Benchmark [Member] | 3 Months Ended | 12 Months Ended |
Dec. 31, 2019 | Dec. 31, 2020 | |
Number of Major Customers | 4 | 3 |
Customer 1 [Member] | ||
Concentration Risk, Percentage | 10.00% | 10.00% |
Customer 2 [Member] | ||
Concentration Risk, Percentage | 11.00% | 10.00% |
Customer 3 [Member] | ||
Concentration Risk, Percentage | 13.00% | 33.00% |
Customer 4 [Member] | ||
Concentration Risk, Percentage | 14.00% |
Note 11 - Subsequent Events (De
Note 11 - Subsequent Events (Details Textual) | Jan. 04, 2021shares |
Subsequent Event [Member] | |
Stock Issued During Period, Shares, Issued for Services (in shares) | 635,000 |