Price | 1.29 | EPS | -1 | |
Shares | 9 | P/E | -1 | |
MCap | 12 | P/FCF | -3 | |
Net Debt | 22 | EBIT | -13 | |
TEV | 34 | TEV/EBIT | -3 | TTM 2019-09-30, in MM, except price, ratios |
10-Q | 2020-10-31 | Filed 2020-12-14 |
10-Q | 2020-08-01 | Filed 2020-09-15 |
10-Q | 2020-05-02 | Filed 2020-07-31 |
10-K | 2019-12-31 | Filed 2020-05-29 |
10-Q | 2019-09-30 | Filed 2019-11-19 |
10-Q | 2019-06-30 | Filed 2019-08-14 |
10-Q | 2019-03-31 | Filed 2019-05-15 |
10-K | 2018-12-31 | Filed 2019-04-16 |
10-Q | 2018-09-30 | Filed 2018-11-14 |
10-Q | 2018-06-30 | Filed 2018-08-14 |
10-Q | 2018-03-31 | Filed 2018-05-21 |
10-K | 2017-12-31 | Filed 2018-03-08 |
10-Q | 2017-09-30 | Filed 2017-11-13 |
10-Q | 2017-06-30 | Filed 2017-08-11 |
10-Q | 2017-03-31 | Filed 2017-05-12 |
10-K | 2016-12-31 | Filed 2017-03-10 |
10-Q | 2016-09-30 | Filed 2016-11-10 |
10-Q | 2016-06-30 | Filed 2016-08-05 |
10-Q | 2016-03-31 | Filed 2016-05-06 |
10-K | 2015-12-31 | Filed 2016-03-11 |
10-Q | 2015-09-30 | Filed 2015-11-06 |
10-Q | 2015-06-30 | Filed 2015-08-07 |
10-Q | 2015-03-31 | Filed 2015-05-08 |
10-K | 2014-12-31 | Filed 2015-03-10 |
10-Q | 2014-09-30 | Filed 2014-11-14 |
10-Q | 2014-06-30 | Filed 2014-08-14 |
10-Q | 2014-03-31 | Filed 2014-05-14 |
10-K | 2013-12-31 | Filed 2014-03-14 |
10-Q | 2013-09-30 | Filed 2013-11-07 |
10-Q | 2013-06-30 | Filed 2013-08-14 |
10-Q | 2013-03-31 | Filed 2013-05-14 |
10-K | 2012-12-31 | Filed 2013-03-22 |
10-Q | 2012-09-30 | Filed 2012-11-14 |
10-Q | 2012-06-30 | Filed 2012-08-14 |
10-Q | 2012-03-31 | Filed 2012-05-04 |
10-K | 2011-12-31 | Filed 2012-03-16 |
10-Q | 2011-09-30 | Filed 2011-11-10 |
10-Q | 2011-06-30 | Filed 2011-08-12 |
10-Q | 2011-03-31 | Filed 2011-05-16 |
10-K | 2010-12-31 | Filed 2011-03-31 |
10-Q | 2010-09-30 | Filed 2010-11-12 |
10-Q | 2010-06-30 | Filed 2010-08-16 |
10-Q | 2010-03-31 | Filed 2010-05-14 |
10-K | 2009-12-31 | Filed 2010-03-31 |
8-K | 2021-01-21 | Enter Agreement, Exhibits |
8-K | 2020-12-04 | Shareholder Vote |
8-K | 2020-10-21 | |
8-K | 2020-10-09 | |
8-K | 2020-07-31 | |
8-K | 2020-06-15 | |
8-K | 2020-06-05 | |
8-K | 2020-04-16 | |
8-K | 2020-04-06 | |
8-K | 2020-03-30 | |
8-K | 2020-03-27 | |
8-K | 2020-03-11 | |
8-K | 2020-01-31 | |
8-K | 2020-01-15 | |
8-K | 2019-12-30 | |
8-K | 2019-11-29 | |
8-K | 2019-11-14 | |
8-K | 2019-10-31 | |
8-K | 2019-10-24 | |
8-K | 2019-10-21 | |
8-K | 2019-10-21 | |
8-K | 2019-10-01 | |
8-K | 2019-09-20 | |
8-K | 2019-09-11 | |
8-K | 2019-07-09 | |
8-K | 2019-07-08 | |
8-K | 2019-06-05 | |
8-K | 2019-05-16 | |
8-K | 2019-05-09 | |
8-K | 2019-05-09 | |
8-K | 2019-04-23 | |
8-K | 2019-01-04 | |
8-K | 2018-12-27 | |
8-K | 2018-12-19 | |
8-K | 2018-12-14 | |
8-K | 2018-11-29 | |
8-K | 2018-10-24 | |
8-K | 2018-09-27 | |
8-K | 2018-09-13 | |
8-K | 2018-08-17 | |
8-K | 2018-08-15 | |
8-K | 2018-07-09 | |
8-K | 2018-06-08 | |
8-K | 2018-06-01 | |
8-K | 2018-04-11 | |
8-K | 2018-04-06 | |
8-K | 2018-03-27 | |
8-K | 2018-03-08 | |
8-K | 2018-03-05 | |
8-K | 2018-02-12 | |
8-K | 2018-01-19 | |
8-K | 2017-12-31 |
Part I. Financial Information |
Item 1. Financial Statements |
Note 1. Basis of Presentation |
Note 2. Going Concern Considerations |
Note 4. Stock - Based Compensation |
Note 5. Earnings per Share |
Note 6. Income Taxes |
Note 7. Inventory |
Note 8. Property and Equipment |
Note 9. Intangible Asset and Goodwill |
Note 10. Accrued Expenses |
Note 11. Notes Payable |
Note 12. Capital Stock |
Note 13. Recent Accounting Pronouncements |
Note 14. Segments |
Note 15. Commitments and Contingencies |
Note 16. Fair Value of Financial Instruments |
Note 17. Acquisition of Simply Mac |
Note 18. Sale of Latin American Subsidiaries |
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations |
Item 4. Controls and Procedures |
Part II. Other Information |
Item 1. Legal Proceedings |
Item 1A. Risk Factors |
Item 6. Exhibits |
EX-31.1 | simp-ex311_6.htm |
EX-31.2 | simp-ex312_7.htm |
EX-32.1 | simp-ex321_8.htm |
Balance Sheet | Income Statement | Cash Flow |
---|---|---|
Assets, Equity
|
Rev, G Profit, Net Income
|
Ops, Inv, Fin
|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
(Mark One)
☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the quarterly period ended October 31, 2020
OR
☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the transition period from _______ to __________
Commission File Number—001-32217
Simply, Inc.
(Exact name of registrant as specified in its charter)
Maryland |
| 33-0599368 |
(State or other jurisdiction of incorporation or organization) |
| (IRS Employer Identification Number) |
2001 NW 84th Avenue, Miami, FL 33122
(Address of principal executive offices including zip code)
(786) 254-6709
(Registrant’s telephone number, including area code)
Cool Holdings, Inc.
(Former Name, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
| Trading Symbol(s) |
| Name of each exchange on which registered |
Common Stock, par value $0.001 per share |
| SIMP |
| OTC Markets Group Inc. |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files) Yes ☒ No ☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer |
| ☐ |
| Accelerated filer |
| ☐ |
Non-accelerated filer |
| ☐ |
| Smaller reporting company |
| ☒ |
Emerging growth company |
| ☐ |
|
|
|
|
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒
As of December 14, 2020, the Registrant had 11,009,022 shares outstanding of its $0.001 par value common stock.
Simply, Inc.
FORM 10-Q
For the 13 weeks ended October 31, 2020
Table of Contents
2
Simply, Inc.
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
(Amounts in thousands, except per share data)
(unaudited)
|
| 3rd Fiscal Quarter |
|
| Year-to-Date |
|
|
|
|
| ||||||||||
|
| 13 Weeks Ended October 31, 2020 |
|
| Three Months Ended Sept. 30, 2019 |
|
| 39 Weeks Ended October 31, 2020 |
|
| Nine Months Ended Sept. 30, 2019 |
|
| Transition Period January 1 to February 1, 2020 |
| |||||
Net sales |
| $ | 16,923 |
|
| $ | 4,143 |
|
| $ | 48,516 |
|
| $ | 8,598 |
|
| $ | 5,285 |
|
Cost of sales |
|
| 12,078 |
|
|
| 3,066 |
|
|
| 34,647 |
|
|
| 6,881 |
|
|
| 3,777 |
|
Gross profit |
|
| 4,845 |
|
|
| 1,077 |
|
|
| 13,869 |
|
|
| 1,717 |
|
|
| 1,508 |
|
Selling, general and administrative expenses |
|
| 6,473 |
|
|
| 2,960 |
|
|
| 20,050 |
|
|
| 10,458 |
|
|
| 2,358 |
|
Operating loss |
|
| (1,628 | ) |
|
| (1,883 | ) |
|
| (6,181 | ) |
|
| (8,741 | ) |
|
| (850 | ) |
Other income (expense): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest |
|
| (35 | ) |
|
| (1,335 | ) |
|
| (995 | ) |
|
| (2,965 | ) |
|
| (532 | ) |
Decrease (increase) in fair value of derivative liability |
|
| — |
|
|
| 277 |
|
|
| 543 |
|
|
| 277 |
|
|
| (807 | ) |
Gain (loss) on extinguishment of debt |
|
| — |
|
|
| — |
|
|
| 13,642 |
|
|
| (9 | ) |
|
| — |
|
Other income, net |
|
| 175 |
|
|
| 3 |
|
|
| 117 |
|
|
| 17 |
|
|
| — |
|
Income (loss) from continuing operations before provision for income taxes |
|
| (1,488 | ) |
|
| (2,938 | ) |
|
| 7,126 |
|
|
| (11,421 | ) |
|
| (2,189 | ) |
Provision for income taxes |
|
| (10 | ) |
|
| — |
|
|
| (27 | ) |
|
| (1 | ) |
|
| — |
|
Income (loss) from continuing operations |
|
| (1,498 | ) |
|
| (2,938 | ) |
|
| 7,099 |
|
|
| (11,422 | ) |
|
| (2,189 | ) |
Income (loss) from discontinued operations |
|
| 51 |
|
|
| (386 | ) |
|
| (185 | ) |
|
| (1,175 | ) |
|
| 66 |
|
Net income (loss) |
| $ | (1,447 | ) |
| $ | (3,324 | ) |
| $ | 6,914 |
|
| $ | (12,597 | ) |
| $ | (2,123 | ) |
Basic income (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Continuing operations |
| $ | (0.14 | ) |
| $ | (3.28 | ) |
| $ | 0.75 |
|
| $ | (13.43 | ) |
| $ | (0.50 | ) |
Discontinued operations |
| $ | 0.01 |
|
| $ | (0.43 | ) |
| $ | (0.02 | ) |
| $ | (1.38 | ) |
|
| 0.02 |
|
Total |
| $ | (0.13 | ) |
| $ | (3.71 | ) |
| $ | 0.73 |
|
| $ | (14.81 | ) |
| $ | (0.48 | ) |
Diluted income (loss) per share: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Continuing operations |
| $ | (0.14 | ) |
| $ | (3.28 | ) |
| $ | 0.72 |
|
| $ | (13.43 | ) |
| $ | (0.50 | ) |
Discontinued operations |
|
| 0.01 |
|
|
| (0.43 | ) |
| $ | (0.02 | ) |
|
| (1.38 | ) |
|
| 0.02 |
|
Total |
| $ | (0.13 | ) |
| $ | (3.71 | ) |
| $ | 0.70 |
|
| $ | (14.81 | ) |
| $ | (0.48 | ) |
Weighted-average number of common shares outstanding: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic |
|
| 11,013 |
|
|
| 895 |
|
|
| 9,497 |
|
|
| 851 |
|
|
| 4,378 |
|
Diluted |
|
| 11,013 |
|
|
| 895 |
|
|
| 9,811 |
|
|
| 851 |
|
|
| 4,378 |
|
Comprehensive income (loss): |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income (loss) |
| $ | (1,447 | ) |
| $ | (3,324 | ) |
| $ | 6,914 |
|
| $ | (12,597 | ) |
| $ | (2,123 | ) |
Foreign currency translation adjustments |
|
| (20 | ) |
|
| 34 |
|
|
| 40 |
|
|
| — |
|
|
| (85 | ) |
Comprehensive income (loss) |
| $ | (1,467 | ) |
| $ | (3,290 | ) |
| $ | 6,954 |
|
| $ | (12,597 | ) |
| $ | (2,208 | ) |
Accompanying notes are an integral part of these condensed consolidated financial statements.
3
Simply, Inc.
Condensed Consolidated Balance Sheets
(Amounts in thousands, except per share data)
|
| October 31, 2020 |
|
| December 31, 2019 |
|
| February 1, 2020 |
| |||
|
| (unaudited) |
|
|
|
|
|
| (unaudited) |
| ||
ASSETS |
|
|
|
|
|
|
|
|
|
|
|
|
Current assets: |
|
|
|
|
|
|
|
|
|
|
|
|
Cash and cash equivalents |
| $ | 1,704 |
|
| $ | 2,638 |
|
| $ | 1,972 |
|
Restricted cash |
|
| 1,255 |
|
|
| 1,196 |
|
|
| 1,197 |
|
Trade accounts receivable, net of allowance for doubtful accounts of $8, $39 and $17, respectively |
|
| 180 |
|
|
| 1,151 |
|
|
| 706 |
|
Other accounts receivable |
|
| 662 |
|
|
| 1,701 |
|
|
| 1,735 |
|
Inventory |
|
| 6,015 |
|
|
| 7,396 |
|
|
| 7,652 |
|
Prepaid assets |
|
| 835 |
|
|
| 846 |
|
|
| 877 |
|
Current assets of discontinued operations |
|
| 9 |
|
|
| 1,560 |
|
|
| 713 |
|
Total current assets |
|
| 10,660 |
|
|
| 16,488 |
|
|
| 14,852 |
|
Property and equipment, net |
|
| 916 |
|
|
| 858 |
|
|
| 808 |
|
Operating lease right-of-use assets |
|
| 9,149 |
|
|
| 7,504 |
|
|
| 8,760 |
|
Intangibles, net |
|
| 1,949 |
|
|
| 2,055 |
|
|
| 2,044 |
|
Goodwill |
|
| 699 |
|
|
| 699 |
|
|
| 699 |
|
Other assets |
|
| 270 |
|
|
| 245 |
|
|
| 245 |
|
Total assets |
| $ | 23,643 |
|
| $ | 27,849 |
|
| $ | 27,408 |
|
LIABILITIES AND STOCKHOLDERS’ EQUITY |
|
|
|
|
|
|
|
|
|
|
|
|
Current liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
Accounts payable |
| $ | 6,673 |
|
| $ | 6,040 |
|
| $ | 6,080 |
|
Accrued expenses and other current liabilities |
|
| 2,740 |
|
|
| 5,408 |
|
|
| 5,286 |
|
Current portion of operating lease liabilities |
|
| 2,818 |
|
|
| 2,577 |
|
|
| 2,768 |
|
Notes payable |
|
| 2,270 |
|
|
| 13,227 |
|
|
| 13,685 |
|
Derivative liability |
|
| — |
|
|
| 1,721 |
|
|
| 2,527 |
|
Current liabilities of discontinued operations |
|
| 953 |
|
|
| 3,792 |
|
|
| 2,225 |
|
Total current liabilities |
|
| 15,454 |
|
|
| 32,765 |
|
|
| 32,571 |
|
Long-term liabilities: |
|
|
|
|
|
|
|
|
|
|
|
|
Notes payable |
|
| 2,578 |
|
|
| 85 |
|
|
| — |
|
Operating lease liabilities |
|
| 6,643 |
|
|
| 5,023 |
|
|
| 6,109 |
|
Total liabilities |
|
| 24,675 |
|
|
| 37,873 |
|
|
| 38,680 |
|
Commitments and Contingencies |
|
|
|
|
|
|
|
|
|
|
|
|
Stockholders’ deficit: |
|
|
|
|
|
|
|
|
|
|
|
|
Preferred stock, $0.001 par value, 10,000 shares authorized; 2 shares issued and outstanding as of all periods presented. |
|
| — |
|
|
| — |
|
|
| — |
|
Common stock, $0.001 par value, 150,000 shares authorized; 11,009; 4,378 and 4,378 shares issued and outstanding as of October 31, 2020, December 31, 2019 and February 1, 2020, respectively. |
|
| 110 |
|
|
| 44 |
|
|
| 44 |
|
Additional paid-in capital common stock |
|
| 52,137 |
|
|
| 49,074 |
|
|
| 49,081 |
|
Accumulated other comprehensive income (loss) |
|
| 3 |
|
|
| (1,069 | ) |
|
| (201 | ) |
Accumulated deficit |
|
| (53,282 | ) |
|
| (58,073 | ) |
|
| (60,196 | ) |
Total stockholders’ deficit |
|
| (1,032 | ) |
|
| (10,024 | ) |
|
| (11,272 | ) |
Total liabilities and stockholders’ deficit |
| $ | 23,643 |
|
| $ | 27,849 |
|
| $ | 27,408 |
|
Accompanying notes are an integral part of these condensed consolidated financial statements.
4
Simply, Inc.
Condensed Consolidated Statements of Stockholders’ Deficit
(Amounts in thousands)
(unaudited)
|
| Preferred Stock |
|
| Common Stock |
|
| Additional Paid-In |
|
| Accumulated Other Comprehensive |
|
| Accumulated |
|
|
|
|
| |||||||||||||
|
| Shares |
|
| Amount |
|
| Shares |
|
| Amount |
|
| Capital |
|
| Income (Loss) |
|
| Deficit |
|
| Total |
| ||||||||
Balance, December 31, 2019 |
|
| 2 |
|
| $ | — |
|
|
| 4,378 |
|
| $ | 44 |
|
| $ | 49,074 |
|
| $ | (1,069 | ) |
| $ | (58,073 | ) |
| $ | (10,024 | ) |
Stock-based compensation |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 7 |
|
|
| — |
|
|
| — |
|
|
| 7 |
|
Elimination of other comprehensive loss from sale of foreign subsidiary |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 953 |
|
|
| — |
|
|
| 953 |
|
Foreign currency translation |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| (85 | ) |
|
| — |
|
|
| (85 | ) |
Net loss |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| (2,123 | ) |
|
| (2,123 | ) |
Balance, February 1, 2020 |
|
| 2 |
|
|
| — |
|
|
| 4,378 |
|
|
| 44 |
|
|
| 49,081 |
|
|
| (201 | ) |
|
| (60,196 | ) |
|
| (11,272 | ) |
Stock-based compensation |
|
| — |
|
|
| — |
|
|
| 300 |
|
|
| 3 |
|
|
| 148 |
|
|
| — |
|
|
| — |
|
|
| 151 |
|
Debt exchange |
|
| — |
|
|
| — |
|
|
| 5,969 |
|
|
| 60 |
|
|
| 2,261 |
|
|
| — |
|
|
| — |
|
|
| 2,321 |
|
Elimination of other comprehensive loss from sale of foreign subsidiary |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 164 |
|
|
| — |
|
|
| 164 |
|
Foreign currency translation |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 128 |
|
|
| — |
|
|
| 128 |
|
Net income |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 10,338 |
|
|
| 10,338 |
|
Balance, May 2, 2020 |
|
| 2 |
|
|
| — |
|
|
| 10,647 |
|
|
| 107 |
|
|
| 51,490 |
|
|
| 91 |
|
|
| (49,858 | ) |
|
| 1,830 |
|
Stock-based compensation |
|
| — |
|
|
| — |
|
|
| 299 |
|
|
| 3 |
|
|
| 495 |
|
|
| — |
|
|
| — |
|
|
| 498 |
|
Debt exchange |
|
| — |
|
|
| — |
|
|
| 108 |
|
|
| 1 |
|
|
| 132 |
|
|
| — |
|
|
| — |
|
|
| 133 |
|
Foreign currency translation |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| (68 | ) |
|
| — |
|
|
| (68 | ) |
Net loss |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| (1,977 | ) |
|
| (1,977 | ) |
Balance, August 1, 2020 |
|
| 2 |
|
|
| — |
|
|
| 11,054 |
|
|
| 111 |
|
|
| 52,117 |
|
|
| 23 |
|
|
| (51,835 | ) |
|
| 416 |
|
Stock-based compensation |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| 24 |
|
|
| — |
|
|
| — |
|
|
| 24 |
|
Issuance of shares in payment of accrued severance |
|
| — |
|
|
| — |
|
|
| 23 |
|
|
| — |
|
|
| 23 |
|
|
| — |
|
|
| — |
|
|
| 23 |
|
Issuance of shares from reverse stock split in lieu of fractional shares |
|
| — |
|
|
| — |
|
|
| 2 |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
Repurchase and retirement of shares |
|
| — |
|
|
| — |
|
|
| (70 | ) |
|
| (1 | ) |
|
| (27 | ) |
|
| — |
|
|
| — |
|
|
| (28 | ) |
Foreign currency translation |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| (20 | ) |
|
| — |
|
|
| (20 | ) |
Net loss |
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| — |
|
|
| (1,447 | ) |
|
| (1,447 | ) |
Balance, October 31, 2020 |
|
| 2 |
|
| $ | — |
|
|
| 11,009 |
|
| $ | 110 |
|
| $ | 52,137 |
|
| $ | 3 |
|
| $ | (53,282 | ) |
| $ | (1,032 | ) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Preferred Stock |
|
| Common Stock |
|
| Additional Paid-In |
|
| Accumulated Other Comprehensive |
|
| Accumulated |
|
|
|
|
| |||||||||||||
|
| Shares |
|
| Amount |
|
| Shares |
|
| Amount |
|
| Capital |
|
| Loss |
|
| Deficit |
|
| Total |
| ||||||||
Balance, December 31, 2018 |
|
| 32 |
|
| $ | — |
|
|
| 779 |
|
| $ | 8 |
|
| $ | 35,303 |
|
| $ | (1,011 | )< |