Document and Entity Information
Document and Entity Information - shares | 9 Months Ended | |
Sep. 30, 2019 | Jan. 09, 2020 | |
Document and Entity Information | ||
Document Type | 10-Q | |
Document Period End Date | Sep. 30, 2019 | |
Entity Registrant Name | STERLING CONSOLIDATED Corp | |
Entity Current Reporting Status | No | |
Entity Interactive Data Current | No | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Ex Transition Period | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 47,284,689 | |
Entity Central Index Key | 0001555972 | |
Current Fiscal Year End Date | --12-31 | |
Document Fiscal Year Focus | 2019 | |
Document Fiscal Period Focus | Q3 | |
Amendment Flag | false | |
Trading Symbol | STCC |
CONSOLIDATED BALANCE SHEETS
CONSOLIDATED BALANCE SHEETS - USD ($) | Sep. 30, 2019 | Dec. 31, 2018 |
Current assets | ||
Cash and cash equivalents | $ 117,604 | $ 32,034 |
Account receivable, net | 1,633,125 | 942,683 |
Inventory, net | 3,111,009 | 2,560,136 |
Notes receivable and other current assets | 69,609 | 42,483 |
Total current assets | 4,931,347 | 3,577,336 |
Property and equipment, net | 1,535,833 | 1,631,614 |
Intangible assets, net | 112,434 | 68,905 |
Deferred tax asset | 350,539 | 309,520 |
Total assets | 6,930,153 | 5,587,375 |
Current liabilities | ||
Accounts payable and accrued expenses | 1,770,753 | 1,278,479 |
Asset-based line of credit | 2,195,371 | 1,775,452 |
Other liabilities | 1,338 | 339 |
Current portion of long-term notes payable, rel. party | 52,702 | 52,702 |
Current portion of long-term notes payable | 53,016 | 3,929 |
Total current liabilities | 4,073,180 | 3,110,901 |
Other liabilities | ||
Long-term notes payable, related parties | 1,506,851 | 1,664,199 |
Long-term notes payable | 62,561 | 11,648 |
Total other liabilities | 1,569,412 | 1,675,847 |
Total liabilities | 5,642,592 | 4,786,748 |
Stockholders' equity | ||
Preferred stock, $0.001 par value; 10,000,000 shares authorized, no shares issued | 0 | 0 |
Common stock, $0.001 par value; 200,000,000 shares authorized, 47,284,689 and 41,965,540 shares issued and outstanding as of June 30, 2019 and December 31, 2018, respectively | 47,285 | 41,966 |
Additional paid-in capital | 2,569,249 | 2,074,568 |
Accumulated deficit | (1,328,973) | (1,315,907) |
Total stockholders' equity | 1,287,561 | 800,627 |
Total liabilities and stockholders' equity | $ 6,930,153 | $ 5,587,375 |
CONSOLIDATED BALANCE SHEETS (Pa
CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares | Sep. 30, 2019 | Dec. 31, 2018 |
CONSOLIDATED BALANCE SHEETS | ||
Preferred Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Preferred Stock, Shares Authorized | 10,000,000 | 10,000,000 |
Preferred Stock, Shares Issued | 0 | 0 |
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 |
Common Stock, Shares Authorized | 200,000,000 | 200,000,000 |
Common Stock, Shares, Issued | 47,284,689 | 41,965,540 |
Common Stock, Shares, Outstanding | 47,284,689 | 41,965,540 |
CONSOLIDATED STATEMENTS OF OPER
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | |
Revenues | ||||
Total revenues | $ 2,600,774 | $ 1,713,726 | $ 6,914,675 | $ 5,032,545 |
Cost of sales | ||||
Total cost of sales | 2,002,508 | 1,201,979 | 5,367,435 | 3,688,134 |
Gross profit | 598,266 | 511,747 | 1,547,240 | 1,344,411 |
Operating expenses | ||||
Sales and marketing | 24,500 | 81,898 | 109,250 | 232,535 |
General and administrative | 451,985 | 343,424 | 1,290,772 | 1,007,286 |
Research and development | 0 | 0 | 30,000 | 112,500 |
Total operating expenses | 476,485 | 425,322 | 1,430,022 | 1,352,321 |
Operating income | 121,781 | 86,425 | 117,218 | (7,910) |
Other income (expense) | ||||
Other | 0 | (5,553) | 1,206 | (1,037) |
Gain/(loss) on interest rate swap | 0 | (460) | 0 | 2,349 |
Loss on disposal of software | 0 | 0 | 0 | (20,498) |
Interest expense | (56,288) | (33,376) | (136,827) | (98,514) |
Total other expense | (56,288) | (39,389) | (135,621) | (117,700) |
Income (loss) before provision for income taxes | 65,493 | 47,036 | (18,403) | (125,610) |
Provision (benefit) for income taxes | 17,837 | 14,111 | (5,337) | $ (37,683) |
Net income (loss) | $ 47,656 | $ 32,925 | $ (13,066) | |
Net income (loss) per share of common stock: | ||||
Basic and diluted | $ 0 | $ 0 | $ 0 | $ 0 |
Weighted average number of shares outstanding | ||||
Basic and diluted | 47,284,689 | 41,465,540 | 46,274,051 | 41,308,947 |
O-rings and rubber product sales [Member] | ||||
Revenues | ||||
Total revenues | $ 2,529,152 | $ 1,678,243 | $ 6,768,967 | $ 4,913,040 |
Cost of sales | ||||
Total cost of sales | 1,886,816 | 1,143,139 | 5,106,935 | 3,518,303 |
Freight services [Member] | ||||
Revenues | ||||
Total revenues | 71,622 | 35,483 | 145,708 | 119,505 |
Cost of sales | ||||
Total cost of sales | $ 115,691 | $ 58,840 | $ 260,499 | $ 169,831 |
CONSOLIDATED STATEMENT OF STOCK
CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Accumulated Deficit [Member] | Total |
Balance at Dec. 31, 2017 | $ 40,716 | $ 1,963,318 | $ (1,249,181) | $ 754,853 |
Balance (in shares) at Dec. 31, 2017 | 40,715,540 | |||
Stock issued for services | $ 750 | 96,750 | 97,500 | |
Net loss | 0 | 0 | (87,926) | |
Balance at Sep. 30, 2018 | $ 44,466 | 2,060,068 | (1,337,107) | 764,427 |
Balance (in shares) at Sep. 30, 2018 | 40,715,540 | |||
Balance at Dec. 31, 2018 | $ 41,966 | 2,074,568 | (1,315,907) | 800,627 |
Balance (in shares) at Dec. 31, 2018 | 41,965,540 | |||
Shares issued to acquire F&S Distributors, Inc. | $ 5,319 | 494,681 | 0 | 500,000 |
Shares issued to acquire F&S Distributors, Inc. (in shares) | 5,319,149 | |||
Net loss | $ 0 | 0 | (13,066) | (13,066) |
Balance at Sep. 30, 2019 | $ 5,319 | $ 2,569,249 | $ (1,328,973) | $ 1,287,561 |
Balance (in shares) at Sep. 30, 2019 | 47,284,689 |
CONSOLIDATED STATEMENTS OF CASH
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) | 9 Months Ended | |
Sep. 30, 2019 | Sep. 30, 2018 | |
Cash flows from operating activities | ||
Net income (loss) | $ (13,066) | |
Adjustments to reconcile net income to net cash provided by operating activities: | ||
Depreciation and amortization | 104,252 | $ 103,448 |
Loss on disposal of software | 0 | 20,498 |
Gain on swap | 0 | (2,349) |
Stock for services | 97,500 | |
Changes in operating assets and liabilities: | ||
Accounts receivable | (378,024) | (256,024) |
Inventory | 67,521 | 368,539 |
Prepaids and other current assets | (17,165) | 12,845 |
Deferred tax asset | (41,019) | (37,683) |
Accounts payable and accrued interest payable | 379,501 | (13,153) |
Other liabilities | 999 | (32,570) |
Net cash provided by (used in) operating activities | 102,999 | 173,124 |
Cash flows from investing activities | ||
Net cash paid for acquisition of business | (280,000) | |
Net cash used in investing activities | (280,000) | |
Cash flows from financing activities | ||
Borrowing on asset-based line of credit | 419,919 | |
Payments on notes payable | (23,374) | |
Net loan (paydown) on related party note | (69,394) | (122,561) |
Net cash provided by (used in) financing activities | 262,571 | (145,935) |
Net change in cash and cash equivalents | 85,570 | 27,189 |
Cash and cash equivalents at the beginning of period | 32,034 | 36,888 |
Cash and cash equivalents at the end of period | 117,604 | 64,077 |
Supplemental disclosures of cash flow information: | ||
Cash paid for interest | 136,827 | 98,514 |
Cash paid for taxes | 2,191 | $ 750 |
Supplemental non-cash investing and financing activities: | ||
Common stock issued for business acquisition | 500,000 | |
Note payable issued for business acquisition | $ 100,000 |
BASIS OF PRESENTATION
BASIS OF PRESENTATION | 9 Months Ended |
Sep. 30, 2019 | |
BASIS OF PRESENTATION | |
BASIS OF PRESENTATION | NOTE 1 – BASIS OF PRESENTATION The accompanying interim financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations, and cash flows as of and for the period ended, and for all periods presented herein, have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. It is suggested that these condensed financial statements be read in conjunction with the financial statements and notes thereto included in the Company’s December 31, 2018 audited financial statements. The results of operations for the periods ended September 30, 2019 and September 30, 2018 are not necessarily indicative of the operating results for the full years. |
SIGNIFICANT ACCOUNTING POLICIES
SIGNIFICANT ACCOUNTING POLICIES | 9 Months Ended |
Sep. 30, 2019 | |
SIGNIFICANT ACCOUNTING POLICIES | |
SIGNIFICANT ACCOUNTING POLICIES | NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES The accounting policies applied by the Company in these condensed interim financial statements are the same as those applied by the Company in its audited consolidated financial statements as at and for the year ended December 31, 2018. On January 1, 2018, we adopted the new accounting standard ASC 606, Revenue from Contracts with Customers , and all of the related amendments (“new revenue standard”). Under this method, we are required to recognize the cumulative effect of initially applying the new revenue standard as an adjustment to the opening balance of retained earnings. The adjustment was not material, and therefore was not made. This results in no restatement of prior periods, which continue to be reported under the accounting standards in effect for those periods. We expect the impact of the adoption of the new revenue standard to continue to be immaterial on an ongoing basis. The impact of recording this change as of January 1, 2018 resulted in no change to deferred revenue at that date and no corresponding change in retained earnings. The impact of adopting the new revenue standard in 2019 did not create a material impact on our financial statements. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates. On an ongoing basis, we evaluate our estimates, including those related to the accounts receivable and sales allowances, fair values of financial instruments, useful lives of intangible assets and property and equipment, inventory valuations, income taxes, and contingent liabilities, among others. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Inventories Inventories, which are comprised of finished goods, are stated at the lower of cost (based on the first in, first out method) or market. Cost does not include shipping and handling fees, which are charged directly to income. The Company provides for estimated losses from obsolete or slow-moving inventories, which is approximately 20% of the total inventory, and writes down the cost of inventory at the time such determinations are made. Reserves are estimated based upon inventory on hand, historical sales activity, industry trends, the business environment, and the expected net realizable value. The net realizable value is determined based upon current awareness of market prices. Inventory Type September 30, 2019 December 31, 2018 Finished goods $ 3,842,201 $ 3,145,900 Raw materials — — Work-in-progress — — Inventory Reserve (731,192) (585,764) Net Inventory $ 3,111,009 $ 2,560,136 Revenue Recognition The Company recognizes revenue based on Account Standards Codification ("ASC") 606, Revenue from Contracts with Customers , and all of the related amendments ("new revenue standard"). In the case of Sterling, revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, shipment of the product has occurred, price is fixed or determinable and collectability of the resulting receivable is reasonably assured. For provision of third-party freight services provided by Integrity, revenue is recognized on a gross basis in accordance with ASC 606. Revenue is generally recognized when the contracted goods arrive at their destination point. When revenues and expenses straddle a period end due to the time between shipment and delivery, Integrity allocates revenue between reporting periods based on relative transit time in each period with expenses recognized as incurred. Cost of goods is comprised of sale of o-rings and related rubber products. Freight services is comprised of freight forwarding and related services earned by Integrity and rental services is comprised of revenue from rental of commercial space to third parties. Basic and Diluted Earnings per Share The computation of basic earnings (loss) per share of common stock is based on the weighted average number of shares outstanding during the periods presented. The computation of fully diluted earnings (loss) per share includes common stock equivalents outstanding at the balance sheet date. The Company had 10,800,000 and zero stock options and warrants that would have been included in the fully diluted earnings per share for the three and nine month periods ended September 30, 2019 and 2018, respectively. |
STOCK TRANSACTIONS
STOCK TRANSACTIONS | 9 Months Ended |
Sep. 30, 2019 | |
STOCK TRANSACTIONS | |
STOCK TRANSACTIONS | NOTE 3 – STOCK TRANSACTIONS In the first quarter of 2019, the Company issued 5,319,149 shares of common stock as part of the acquisition of F&S Distributors, Inc. that were valued at $500,000. In the first quarter of 2018, the Company signed a stock for services agreement authorizing the issuance of 750,000 shares of stock to a consultant at a valuation of $.10/share related to its development of DiMO, the Company’s proprietary cryptocurrency. $0 and $75,000 was expensed to research and development related to this transaction for the 3 months ended March 31, 2019 and March 31, 2018, respectively. |
BUSINESS ACQUISITION
BUSINESS ACQUISITION | 9 Months Ended |
Sep. 30, 2019 | |
BUSINESS ACQUISITION | |
BUSINESS ACQUISITION | NOTE 4 – BUSINESS ACQUISITION On February 12, 2019 the Company acquired F & S Distributors, Inc., a New Jersey, distributor of o-rings and rubber products. The consideration paid consisted of $300,000 cash and 5,319,149 shares of common stock that were valued at $500,000 on the date of acquisition and a note payable carried by the seller, for $100,000 payable in two equal installments of $50,000 paid 12 months after closing and another $50,000 paid 18 months after closing. The acquisition was accounted for under the purchase method of accounting. The following assets and liabilities were acquired as part of the transaction: Assets Acquired Cash $ 20,000 Accounts receivable 312,418 Inventory 763,822 Inventory reserve (145,428) Security deposit 9,961 Client list 50,000 Equipment 2,000 Total assets acquired 1,012,773 Liabilities Acquired Accounts payable 112,773 Net Assets Acquired $ 900,000 |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 9 Months Ended |
Sep. 30, 2019 | |
SUBSEQUENT EVENTS | |
SUBSEQUENT EVENTS | NOTE 5 – SUBSEQUENT EVENTS The Company's record date for its DIMO cryptocurrency dividend was met on November 22, 2019. It has not been distributed yet, though its stated distribution date was December 13, 2019. It is expected the Company will begin distributing the DIMO tokens by January 31, 2019. As the Company has not yet built out the DIMO platform, the dividend is being valued at $0. |
SIGNIFICANT ACCOUNTING POLICI_2
SIGNIFICANT ACCOUNTING POLICIES (Policies) | 9 Months Ended |
Sep. 30, 2019 | |
SIGNIFICANT ACCOUNTING POLICIES | |
Use of Estimates | Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements and the accompanying notes. Actual results could differ materially from these estimates. On an ongoing basis, we evaluate our estimates, including those related to the accounts receivable and sales allowances, fair values of financial instruments, useful lives of intangible assets and property and equipment, inventory valuations, income taxes, and contingent liabilities, among others. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. |
Inventories | Inventories Inventories, which are comprised of finished goods, are stated at the lower of cost (based on the first in, first out method) or market. Cost does not include shipping and handling fees, which are charged directly to income. The Company provides for estimated losses from obsolete or slow-moving inventories, which is approximately 20% of the total inventory, and writes down the cost of inventory at the time such determinations are made. Reserves are estimated based upon inventory on hand, historical sales activity, industry trends, the business environment, and the expected net realizable value. The net realizable value is determined based upon current awareness of market prices. Inventory Type September 30, 2019 December 31, 2018 Finished goods $ 3,842,201 $ 3,145,900 Raw materials — — Work-in-progress — — Inventory Reserve (731,192) (585,764) Net Inventory $ 3,111,009 $ 2,560,136 |
Revenue Recognition | Revenue Recognition The Company recognizes revenue based on Account Standards Codification ("ASC") 606, Revenue from Contracts with Customers , and all of the related amendments ("new revenue standard"). In the case of Sterling, revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, shipment of the product has occurred, price is fixed or determinable and collectability of the resulting receivable is reasonably assured. For provision of third-party freight services provided by Integrity, revenue is recognized on a gross basis in accordance with ASC 606. Revenue is generally recognized when the contracted goods arrive at their destination point. When revenues and expenses straddle a period end due to the time between shipment and delivery, Integrity allocates revenue between reporting periods based on relative transit time in each period with expenses recognized as incurred. Cost of goods is comprised of sale of o-rings and related rubber products. Freight services is comprised of freight forwarding and related services earned by Integrity and rental services is comprised of revenue from rental of commercial space to third parties. |
SIGNIFICANT ACCOUNTING POLICI_3
SIGNIFICANT ACCOUNTING POLICIES (Tables) | 9 Months Ended |
Sep. 30, 2019 | |
SIGNIFICANT ACCOUNTING POLICIES | |
Schedule of Inventory | Inventory Type September 30, 2019 December 31, 2018 Finished goods $ 3,842,201 $ 3,145,900 Raw materials — — Work-in-progress — — Inventory Reserve (731,192) (585,764) Net Inventory $ 3,111,009 $ 2,560,136 |
BUSINESS ACQUISITION (Tables)
BUSINESS ACQUISITION (Tables) | 9 Months Ended |
Sep. 30, 2018 | |
BUSINESS ACQUISITION | |
Schedule of assets and liabilities were acquired as part of the transaction | The following assets and liabilities were acquired as part of the transaction: Assets Acquired Cash $ 20,000 Accounts receivable 312,418 Inventory 763,822 Inventory reserve (145,428) Security deposit 9,961 Client list 50,000 Equipment 2,000 Total assets acquired 1,012,773 Liabilities Acquired Accounts payable 112,773 Net Assets Acquired $ 900,000 |
SIGNIFICANT ACCOUNTING POLICI_4
SIGNIFICANT ACCOUNTING POLICIES (Details) - USD ($) | Sep. 30, 2019 | Dec. 31, 2018 |
SIGNIFICANT ACCOUNTING POLICIES | ||
Finished goods | $ 3,842,201 | $ 3,145,900 |
Raw materials | 0 | 0 |
Work-in-progress | 0 | 0 |
Inventory Reserve | (731,192) | (585,764) |
Net Inventory | $ 3,111,009 | $ 2,560,136 |
SIGNIFICANT ACCOUNTING POLICI_5
SIGNIFICANT ACCOUNTING POLICIES - Additional Information (Details) - shares | 3 Months Ended | 9 Months Ended | ||
Sep. 30, 2019 | Sep. 30, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | |
SIGNIFICANT ACCOUNTING POLICIES | ||||
Estimated Losses of Obsolete or Slow Moving Inventory Percent | 20.00% | |||
Incremental Common Shares Attributable to Dilutive Effect of Call Options and Warrants | 10,800,000 | 0 | 10,800,000 | 0 |
STOCK TRANSACTIONS - Additional
STOCK TRANSACTIONS - Additional Information (Details) - USD ($) | Feb. 12, 2019 | Sep. 30, 2019 | Mar. 31, 2019 | Sep. 30, 2018 | Mar. 31, 2018 | Sep. 30, 2019 | Sep. 30, 2018 | Dec. 31, 2018 |
Stockholders Equity Note [Line Items] | ||||||||
Common Stock, Par or Stated Value Per Share | $ 0.001 | $ 0.001 | $ 0.001 | |||||
Research and Development Expense | $ 0 | $ 0 | $ 30,000 | $ 112,500 | ||||
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | $ 500,000 | |||||||
F S Distributors Inc [Member] | ||||||||
Stockholders Equity Note [Line Items] | ||||||||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | 5,319,149 | 5,319,149 | ||||||
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | $ 500,000 | $ 500,000 | ||||||
Consultant [Member] | ||||||||
Stockholders Equity Note [Line Items] | ||||||||
Stock Issued During Period, Shares, Issued for Services | 750,000 | |||||||
proprietary cryptocurrency [Member] | ||||||||
Stockholders Equity Note [Line Items] | ||||||||
Common Stock, Par or Stated Value Per Share | $ 0.10 | |||||||
Research and Development Expense | $ 0 | $ 75,000 |
BUSINESS ACQUISITION (Details)
BUSINESS ACQUISITION (Details) | Feb. 12, 2019USD ($) |
Assets Acquired | |
Cash | $ 20,000 |
Accounts receivable | 312,418 |
Inventory | 763,822 |
Inventory reserve | (145,428) |
Security deposit | 9,961 |
Client list | 50,000 |
Equipment | 2,000 |
Total assets acquired | 1,012,773 |
Liabilities Acquired | |
Accounts payable | 112,773 |
Net Assets Acquired | $ 900,000 |
BUSINESS ACQUISITION - Addition
BUSINESS ACQUISITION - Additional Information (Details) - USD ($) | Feb. 12, 2019 | Mar. 31, 2019 | Sep. 30, 2019 |
Business Acquisition [Line Items] | |||
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | $ 500,000 | ||
Business Combination, Consideration Transferred, Liabilities Incurred | $ 100,000 | ||
F S Distributors Inc [Member] | |||
Business Acquisition [Line Items] | |||
Payments to Acquire Businesses, Gross | $ 300,000 | ||
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | 5,319,149 | 5,319,149 | |
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable | $ 500,000 | $ 500,000 | |
Business Combination, Consideration Transferred, Liabilities Incurred | 100,000 | ||
F S Distributors Inc [Member] | Twelve Months After Closing [Member] | |||
Business Acquisition [Line Items] | |||
Business Combination, Consideration Transferred, Liabilities Incurred | 50,000 | ||
F S Distributors Inc [Member] | Eighteen Months After Closing [Member] | |||
Business Acquisition [Line Items] | |||
Business Combination, Consideration Transferred, Liabilities Incurred | $ 50,000 |
SUBSEQUENT EVENTS (Details)
SUBSEQUENT EVENTS (Details) | Jan. 31, 2019USD ($) |
DIMO Cryptocurrency [Member] | |
Subsequent Event | |
Dividends | $ 0 |