0001760233
false
Q2
--12-31
0001760233
2023-01-01
2023-06-30
0001760233
2023-08-07
0001760233
2023-06-30
0001760233
2022-12-31
0001760233
us-gaap:ConvertibleDebtMember
2023-06-30
0001760233
us-gaap:ConvertibleDebtMember
2022-12-31
0001760233
RSTN:AcquisitionNotesPayableMember
2023-06-30
0001760233
RSTN:AcquisitionNotesPayableMember
2022-12-31
0001760233
RSTN:GovernmentAssistanceNotesPayableMember
2023-06-30
0001760233
RSTN:GovernmentAssistanceNotesPayableMember
2022-12-31
0001760233
2023-04-01
2023-06-30
0001760233
2022-04-01
2022-06-30
0001760233
2022-01-01
2022-06-30
0001760233
us-gaap:CommonStockMember
2023-03-31
0001760233
RSTN:CommonStockIssuableMember
2023-03-31
0001760233
us-gaap:AdditionalPaidInCapitalMember
2023-03-31
0001760233
us-gaap:RetainedEarningsMember
2023-03-31
0001760233
2023-03-31
0001760233
us-gaap:CommonStockMember
2023-04-01
2023-06-30
0001760233
RSTN:CommonStockIssuableMember
2023-04-01
2023-06-30
0001760233
us-gaap:AdditionalPaidInCapitalMember
2023-04-01
2023-06-30
0001760233
us-gaap:RetainedEarningsMember
2023-04-01
2023-06-30
0001760233
us-gaap:CommonStockMember
2023-06-30
0001760233
RSTN:CommonStockIssuableMember
2023-06-30
0001760233
us-gaap:AdditionalPaidInCapitalMember
2023-06-30
0001760233
us-gaap:RetainedEarningsMember
2023-06-30
0001760233
us-gaap:CommonStockMember
2022-12-31
0001760233
RSTN:CommonStockIssuableMember
2022-12-31
0001760233
us-gaap:AdditionalPaidInCapitalMember
2022-12-31
0001760233
us-gaap:RetainedEarningsMember
2022-12-31
0001760233
us-gaap:CommonStockMember
2023-01-01
2023-06-30
0001760233
RSTN:CommonStockIssuableMember
2023-01-01
2023-06-30
0001760233
us-gaap:AdditionalPaidInCapitalMember
2023-01-01
2023-06-30
0001760233
us-gaap:RetainedEarningsMember
2023-01-01
2023-06-30
0001760233
us-gaap:CommonStockMember
2022-03-31
0001760233
RSTN:CommonStockIssuableMember
2022-03-31
0001760233
us-gaap:AdditionalPaidInCapitalMember
2022-03-31
0001760233
us-gaap:RetainedEarningsMember
2022-03-31
0001760233
2022-03-31
0001760233
us-gaap:CommonStockMember
2022-04-01
2022-06-30
0001760233
RSTN:CommonStockIssuableMember
2022-04-01
2022-06-30
0001760233
us-gaap:AdditionalPaidInCapitalMember
2022-04-01
2022-06-30
0001760233
us-gaap:RetainedEarningsMember
2022-04-01
2022-06-30
0001760233
us-gaap:CommonStockMember
2022-06-30
0001760233
RSTN:CommonStockIssuableMember
2022-06-30
0001760233
us-gaap:AdditionalPaidInCapitalMember
2022-06-30
0001760233
us-gaap:RetainedEarningsMember
2022-06-30
0001760233
2022-06-30
0001760233
us-gaap:CommonStockMember
2021-12-31
0001760233
RSTN:CommonStockIssuableMember
2021-12-31
0001760233
us-gaap:AdditionalPaidInCapitalMember
2021-12-31
0001760233
us-gaap:RetainedEarningsMember
2021-12-31
0001760233
2021-12-31
0001760233
us-gaap:CommonStockMember
2022-01-01
2022-06-30
0001760233
RSTN:CommonStockIssuableMember
2022-01-01
2022-06-30
0001760233
us-gaap:AdditionalPaidInCapitalMember
2022-01-01
2022-06-30
0001760233
us-gaap:RetainedEarningsMember
2022-01-01
2022-06-30
0001760233
us-gaap:CustomerConcentrationRiskMember
us-gaap:AccountsReceivableMember
RSTN:TwoCustomersMember
2023-01-01
2023-06-30
0001760233
us-gaap:CustomerConcentrationRiskMember
us-gaap:AccountsReceivableMember
RSTN:OneCustomerMember
2022-01-01
2022-12-31
0001760233
us-gaap:CustomerConcentrationRiskMember
us-gaap:AccountsPayableMember
RSTN:ThreeVendorsMember
2023-01-01
2023-06-30
0001760233
us-gaap:CustomerConcentrationRiskMember
us-gaap:AccountsPayableMember
RSTN:ThreeVendorsMember
2022-01-01
2022-12-31
0001760233
us-gaap:CustomerConcentrationRiskMember
us-gaap:RevenueRightsGrantedMember
RSTN:NoCustomersMember
2023-01-01
2023-06-30
0001760233
us-gaap:CustomerConcentrationRiskMember
us-gaap:RevenueRightsGrantedMember
RSTN:NoCustomersMember
2022-01-01
2022-12-31
0001760233
us-gaap:CustomerConcentrationRiskMember
RSTN:InventoryRelatedMember
RSTN:NoVendorsMember
2023-01-01
2023-06-30
0001760233
us-gaap:CustomerConcentrationRiskMember
RSTN:InventoryRelatedMember
RSTN:NoVendorsMember
2022-01-01
2022-12-31
0001760233
RSTN:RestaurantCouponsMember
us-gaap:SalesChannelDirectlyToConsumerMember
2023-04-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
us-gaap:SalesChannelDirectlyToConsumerMember
2023-04-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
us-gaap:SalesChannelDirectlyToConsumerMember
2023-04-01
2023-06-30
0001760233
us-gaap:SalesChannelDirectlyToConsumerMember
2023-04-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:BusinessToBusinessMember
2023-04-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:BusinessToBusinessMember
2023-04-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:BusinessToBusinessMember
2023-04-01
2023-06-30
0001760233
RSTN:BusinessToBusinessMember
2023-04-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:OtherMember
2023-04-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:OtherMember
2023-04-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:OtherMember
2023-04-01
2023-06-30
0001760233
RSTN:OtherMember
2023-04-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
2023-04-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
2023-04-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
2023-04-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
us-gaap:SalesChannelDirectlyToConsumerMember
2022-04-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
us-gaap:SalesChannelDirectlyToConsumerMember
2022-04-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
us-gaap:SalesChannelDirectlyToConsumerMember
2022-04-01
2022-06-30
0001760233
us-gaap:SalesChannelDirectlyToConsumerMember
2022-04-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:BusinessToBusinessMember
2022-04-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:BusinessToBusinessMember
2022-04-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:BusinessToBusinessMember
2022-04-01
2022-06-30
0001760233
RSTN:BusinessToBusinessMember
2022-04-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:OtherMember
2022-04-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:OtherMember
2022-04-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:OtherMember
2022-04-01
2022-06-30
0001760233
RSTN:OtherMember
2022-04-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
2022-04-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
2022-04-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
2022-04-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
us-gaap:SalesChannelDirectlyToConsumerMember
2023-01-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
us-gaap:SalesChannelDirectlyToConsumerMember
2023-01-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
us-gaap:SalesChannelDirectlyToConsumerMember
2023-01-01
2023-06-30
0001760233
us-gaap:SalesChannelDirectlyToConsumerMember
2023-01-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:BusinessToBusinessMember
2023-01-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:BusinessToBusinessMember
2023-01-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:BusinessToBusinessMember
2023-01-01
2023-06-30
0001760233
RSTN:BusinessToBusinessMember
2023-01-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:OtherMember
2023-01-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:OtherMember
2023-01-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:OtherMember
2023-01-01
2023-06-30
0001760233
RSTN:OtherMember
2023-01-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
2023-01-01
2023-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
2023-01-01
2023-06-30
0001760233
us-gaap:AdvertisingMember
2023-01-01
2023-06-30
0001760233
RSTN:RestaurantCouponsMember
us-gaap:SalesChannelDirectlyToConsumerMember
2022-01-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
us-gaap:SalesChannelDirectlyToConsumerMember
2022-01-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
us-gaap:SalesChannelDirectlyToConsumerMember
2022-01-01
2022-06-30
0001760233
us-gaap:SalesChannelDirectlyToConsumerMember
2022-01-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:BusinessToBusinessMember
2022-01-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:BusinessToBusinessMember
2022-01-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:BusinessToBusinessMember
2022-01-01
2022-06-30
0001760233
RSTN:BusinessToBusinessMember
2022-01-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
RSTN:OtherMember
2022-01-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
RSTN:OtherMember
2022-01-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
RSTN:OtherMember
2022-01-01
2022-06-30
0001760233
RSTN:OtherMember
2022-01-01
2022-06-30
0001760233
RSTN:RestaurantCouponsMember
2022-01-01
2022-06-30
0001760233
RSTN:SaleOfTravelVacationAndMerchandiseMember
2022-01-01
2022-06-30
0001760233
us-gaap:AdvertisingMember
2022-01-01
2022-06-30
0001760233
us-gaap:ConvertibleDebtSecuritiesMember
2023-01-01
2023-06-30
0001760233
us-gaap:ConvertibleDebtSecuritiesMember
2022-01-01
2022-06-30
0001760233
RSTN:CommonStockIssuableMember
2023-01-01
2023-06-30
0001760233
RSTN:CommonStockIssuableMember
2022-01-01
2022-06-30
0001760233
RSTN:CommonStockWarrantsMember
2023-01-01
2023-06-30
0001760233
RSTN:CommonStockWarrantsMember
2022-01-01
2022-06-30
0001760233
RSTN:CommonStockOptionsMember
2023-01-01
2023-06-30
0001760233
RSTN:CommonStockOptionsMember
2022-01-01
2022-06-30
0001760233
2022-12-30
2022-12-31
0001760233
2023-04-30
0001760233
RSTN:ReverseMergerMember
2023-06-30
0001760233
RSTN:ReverseMergerMember
2022-12-31
0001760233
RSTN:MergerAgreementMember
us-gaap:ConvertibleDebtMember
2023-06-30
0001760233
RSTN:MergerAgreementMember
us-gaap:ConvertibleDebtMember
2022-12-31
0001760233
RSTN:MergerAgreementMember
us-gaap:ConvertibleDebtMember
2023-01-01
2023-06-30
0001760233
RSTN:AcquisitionNotePayableMember
RSTN:GameIQAcquisitionCorpIncMember
2023-06-30
0001760233
RSTN:AcquisitionNotePayableMember
RSTN:GameIQAcquisitionCorpIncMember
2022-12-31
0001760233
RSTN:AcquisitionNotePayableMember
RSTN:RestaurantComIncMember
2023-06-30
0001760233
RSTN:AcquisitionNotePayableMember
RSTN:RestaurantComIncMember
2022-12-31
0001760233
RSTN:AcquisitionNotePayableMember
2023-06-30
0001760233
RSTN:AcquisitionNotePayableMember
2022-12-31
0001760233
RSTN:GameIQAcquisitionCorpIncMember
RSTN:HolderOneMember
2022-01-29
2022-02-01
0001760233
RSTN:GameIQAcquisitionCorpIncMember
RSTN:HolderTwoMember
2022-01-29
2022-02-01
0001760233
RSTN:GameIQAcquisitionCorpIncMember
2022-02-01
0001760233
RSTN:GameIQAcquisitionCorpIncMember
2022-01-29
2022-02-01
0001760233
RSTN:GameIQAcquisitionCorpIncMember
2022-12-31
0001760233
RSTN:GameIQAcquisitionCorpIncMember
2023-01-01
2023-06-30
0001760233
RSTN:GameIQAcquisitionCorpIncMember
2023-06-30
0001760233
RSTN:RestaurantComAcquisitionNotePayableMember
2020-03-01
0001760233
RSTN:RestaurantComAcquisitionNotePayableMember
2020-02-28
2020-03-01
0001760233
RSTN:RestaurantComAcquisitionNotePayableMember
2022-12-31
0001760233
RSTN:RestaurantComAcquisitionNotePayableMember
2023-03-01
0001760233
us-gaap:CommonStockMember
2023-03-01
2023-03-01
0001760233
RSTN:EconomicInjuryDisasterLoansMember
2023-06-30
0001760233
RSTN:EconomicInjuryDisasterLoansMember
2022-12-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
RSTN:SBAMember
2020-01-01
2020-12-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
RSTN:SBAMember
2021-01-01
2021-12-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
RSTN:SBAMember
2022-01-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
2020-12-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
2021-12-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
2020-01-01
2020-12-31
0001760233
RSTN:EconomicInjuryDisasterLoansMember
2021-01-01
2021-12-31
0001760233
RSTN:RestaurantComAcquisitionNotePayableMember
2023-03-02
0001760233
srt:DirectorMember
2022-01-01
2022-12-31
0001760233
srt:DirectorMember
2022-12-31
0001760233
srt:DirectorMember
2023-06-30
0001760233
RSTN:EmployeesMember
2022-01-01
2022-12-31
0001760233
RSTN:EmployeesMember
2022-12-31
0001760233
RSTN:EmployeesMember
2023-06-30
0001760233
RSTN:RestrictedStockEmployeesMember
2023-04-01
2023-04-01
0001760233
2023-04-01
2023-04-01
0001760233
us-gaap:RestrictedStockUnitsRSUMember
2023-04-01
0001760233
srt:ChiefExecutiveOfficerMember
2023-04-01
2023-04-01
0001760233
RSTN:EmployeesMember
2023-04-01
2023-04-01
0001760233
us-gaap:CommonStockMember
us-gaap:RestrictedStockUnitsRSUMember
2023-01-01
2023-06-30
0001760233
us-gaap:RestrictedStockUnitsRSUMember
2022-04-01
2022-04-01
0001760233
RSTN:ConsultantsForServicesMember
2023-01-01
2023-06-30
0001760233
RSTN:ConsultantsForServicesMember
2023-06-30
0001760233
us-gaap:CommonStockMember
2022-01-01
2022-12-31
0001760233
2022-01-01
2022-12-31
0001760233
2023-04-01
0001760233
us-gaap:RestrictedStockUnitsRSUMember
2023-04-01
2023-04-01
0001760233
RSTN:StockPriceMember
2023-04-01
0001760233
RSTN:CardCashExchangeIncMember
us-gaap:SubsequentEventMember
2023-08-18
2023-08-18
0001760233
RSTN:CardCashExchangeIncMember
us-gaap:SubsequentEventMember
2023-08-18
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
xbrli:pure
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
10-Q
(Mark
One)
☒
QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
For
the quarterly period ended June 30, 2023
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 000-56417
RDE,
INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
45-2482974 |
(State
or other jurisdiction
of incorporation or organization) |
|
(I.R.S.
Employer
Identification No.) |
1100
Woodfield Road, Suite 510
Schaumburg,
IL
60173
(Address
of principal executive offices)
(ZIP
Code)
(847)
506-9680
(Registrant’s
telephone number, including area code)
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 $.001 |
|
RSTN |
|
OTC
Market Groups Inc. |
Indicate
the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: There were
16,506,404 shares of common stock outstanding as of August 7, 2023.
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 (§232.405 of this chapter) during the preceding 12 months (or 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, a 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.
|
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 ☒
TABLE
OF CONTENTS
CAUTIONARY
NOTE CONCERNING FORWARD-LOOKING STATEMENTS
Certain
statements and information in this Quarterly Report on Form 10-Q for the quarter ended June 30, 2023 (the “Quarterly Report”)
may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the
Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, which address activities,
events, or developments that we expect or anticipate will or may occur in the future, including such things as future capital expenditures,
growth, product development, sales, business strategy, statements related to any further expected effects on our business from the coronavirus
(“COVID-19”) pandemic, inflation, the Russia-Ukraine conflict, and other similar matters are forward-looking statements.
In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,”
“expect,” “plan,” “anticipate,” “believe,” “estimate,” “predict,”
“potential,” or “continue,” or other comparable terminology. These forward-looking statements are based largely
on our current expectations and assumptions and are subject to a number of risks and uncertainties, many of which are beyond our control.
These statements are subject to many risks, uncertainties, and other important factors that could cause actual future results to differ
materially from those expressed in the forward-looking statements including, but not limited to, the continued duration and scope of
the COVID-19 pandemic and any impact on the demand for our products; our ability to obtain needed raw materials and components from our
suppliers; additional actions governments, businesses, and individuals take in response to the pandemic, including mandatory business
closures and restrictions on onsite commercial interactions; the impact of the pandemic and actions taken in response to the pandemic
on global and regional economies and economic activity; the pace of recovery when the COVID-19 pandemic subsides; general economic uncertainty
in key global markets and a worsening of global economic conditions or low levels of economic growth; the effects of steps that we could
take to reduce operating costs; our inability to sustain profitable sales growth, or reduce our costs to maintain competitive prices
for our products; circumstances or developments that may make us unable to implement or realize the anticipated benefits, or that may
increase the costs, of our current and planned business initiatives; and those factors detailed by us in our public filings with the
Securities and Exchange Commission (the “SEC”), including in Item 1A, Risk Factors, in our Annual Report on Form 10-K for
the year ended December 31, 2022. In light of these risks and uncertainties, all of the forward-looking statements made herein are qualified
by these cautionary statements and there can be no assurance that the actual results or developments anticipated by us will be realized.
We undertake no obligation to update or revise any of the forward-looking statements contained herein.
PART
I. FINANCIAL INFORMATION
Item
1. Financial Statements
RDE,
INC. AND SUBSIDIARY
CONDENSED
CONSOLIDATED BALANCE SHEETS
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
(Unaudited) | | |
| |
ASSETS | |
| | | |
| | |
Current assets: | |
| | | |
| | |
Cash and cash equivalents | |
$ | 2,134,182 | | |
$ | 1,122,958 | |
Accounts receivable | |
| 138,517 | | |
| 209,808 | |
Deposits with credit card processor | |
| 87,237 | | |
| 87,237 | |
Prepaid expenses and other current assets | |
| 165,516 | | |
| 102,193 | |
Total current assets | |
| 2,525,452 | | |
| 1,522,196 | |
| |
| | | |
| | |
Operating lease right of use asset, net | |
| 286,418 | | |
| 52,608 | |
Deposits | |
| 7,500 | | |
| - | |
Total assets | |
$ | 2,819,370 | | |
$ | 1,574,804 | |
| |
| | | |
| | |
LIABILITIES AND STOCKHOLDERS’ DEFICIENCY | |
| | | |
| | |
Current liabilities: | |
| | | |
| | |
Accounts payable | |
$ | 1,315,192 | | |
$ | 1,206,615 | |
Accrued expenses | |
| 470,734 | | |
| 516,882 | |
Deferred revenue | |
| 139,781 | | |
| 217,311 | |
Government assistance notes payable-SBA loans, current portion | |
| 39,876 | | |
| 15,217 | |
Operating lease liability, current portion | |
| 75,621 | | |
| 59,328 | |
Convertible note payable, past due, including accrued interest of $18,637 and $17,137, respectively | |
| 38,637 | | |
| 37,137 | |
Notes payable, acquisitions, current portion, including accrued interest of zero
and $251,507, respectively | |
| 34,066 | | |
| 1,798,478 | |
Total current liabilities | |
| 2,113,907 | | |
| 3,850,968 | |
| |
| | | |
| | |
Notes payable, acquisitions, including accrued interest of $639 and $687, respectively | |
| 81,676 | | |
| 81,494 | |
Government assistance notes payable -SBA loans, including accrued interest of $38,098
and $45,541, respectively, net of current portion | |
| 659,257 | | |
| 691,359 | |
Operating lease liability, net of current portion | |
| 238,465 | | |
| - | |
Total liabilities | |
| 3,093,305 | | |
| 4,623,821 | |
| |
| | | |
| | |
Commitments and Contingencies | |
| - | | |
| - | |
| |
| | | |
| | |
Stockholders’ deficiency: | |
| | | |
| | |
Preferred stock, $0.001 par value, 10,000,000 shares authorized; none issued and outstanding | |
| - | | |
| | |
Common stock, $0.001 par value, 750,000,000 shares authorized; 16,506,404 and 14,152,378 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively | |
| 16,506 | | |
| 14,153 | |
Additional paid-in-capital | |
| 63,161,577 | | |
| 58,123,246 | |
Common stock issuable, 383,343 shares | |
| 383,343 | | |
| 383,343 | |
Accumulated deficit | |
| (63,835,361 | ) | |
| (61,569,759 | ) |
Total stockholders’ deficiency | |
| (273,935 | ) | |
| (3,049,017 | ) |
| |
| | | |
| | |
Total liabilities and stockholders’ deficiency | |
$ | 2,819,370 | | |
$ | 1,574,804 | |
The
accompanying notes are an integral part of these condensed consolidated financial statements.
RDE,
INC. AND SUBSDIARY
CONDENSED
CONSOLIDATED STATEMENTS OF OPERATIONS
For
the Three and Six Months Ended June 30, 2023 and 2022
(Unaudited)
| |
2023 | | |
2022 | | |
2023 | | |
2022 | |
| |
Three Months Ended June 30, | | |
Six Months Ended June 30, | |
| |
2023 | | |
2022 | | |
2023 | | |
2022 | |
| |
| | |
| |
Revenues | |
$ | 721,488 | | |
$ | 1,811,154 | | |
$ | 1,533,199 | | |
$ | 2,570,934 | |
| |
| | | |
| | | |
| | | |
| | |
Operating expenses | |
| | | |
| | | |
| | | |
| | |
Cost of revenues | |
| 101,389 | | |
| 497,733 | | |
| 196,266 | | |
| 598,298 | |
Selling, general and administrative expenses | |
| 2,453,615 | | |
| 1,475,455 | | |
| 3,569,634 | | |
| 2,912,050 | |
Amortization of intangible assets | |
| - | | |
| 31,044 | | |
| - | | |
| 49,524 | |
Total operating expenses | |
| 2,555,004 | | |
| 2,004,232 | | |
| 3,765,900 | | |
| 3,559,872 | |
| |
| | | |
| | | |
| | | |
| | |
Loss from operations | |
| (1,833,516 | ) | |
| (193,078 | ) | |
| (2,232,701 | ) | |
| (988,938 | ) |
| |
| | | |
| | | |
| | | |
| | |
Other income (expenses) | |
| | | |
| | | |
| | | |
| | |
Interest | |
| (7,170 | ) | |
| (29,112 | ) | |
| (32,901 | ) | |
| (55,706 | ) |
Gain on legal settlement | |
| - | | |
| - | | |
| - | | |
| 69,000 | |
Gain on vendor settlement | |
| - | | |
| 28,600 | | |
| - | | |
| 28,600 | |
Gain from forgiveness of government assistance notes payable | |
| - | | |
| - | | |
| - | | |
| 1,025,535 | |
Total other income (expenses) | |
| (7,170 | ) | |
| (512 | ) | |
| (32,901 | ) | |
| 1,067,429 | |
| |
| | | |
| | | |
| | | |
| | |
Net income (loss) | |
$ | (1,840,686 | ) | |
$ | (193,590 | ) | |
$ | (2,265,602 | ) | |
$ | 78,491 | |
| |
| | | |
| | | |
| | | |
| | |
Net earnings/(loss) per share – basic | |
$ | (0.12 | ) | |
$ | (0.01 | ) | |
$ | (0.15 | ) | |
$ | 0.01 | |
Net earnings/(loss) per share –diluted | |
$ | (0.12 | ) | |
$ | (0.01 | ) | |
$ | (0.15 | ) | |
$ | 0.01 | |
| |
| | | |
| | | |
| | | |
| | |
Weighted average common shares outstanding – basic | |
| 15,983,909 | | |
| 14,090,269 | | |
| 15,167,932 | | |
| 13,391,965 | |
Weighted average common shares outstanding – diluted | |
| 15,983,909 | | |
| 14,090,269 | | |
| 15,167,932 | | |
| 14,321,975 | |
The
accompanying notes are an integral part of these condensed consolidated financial statements.
RDE,
INC. AND SUBSIDIARY
CONDENSED
CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ DEFICIENCY
For
the Three Months Ended June 30, 2023
(Unaudited)
| |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Capital | | |
Deficit | | |
Deficit | |
| |
Common Stock | | |
Common Stock Issuable | | |
Additional
Paid-In | | |
Accumulated | | |
Total Stockholders’ | |
| |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Capital | | |
Deficit | | |
Deficit | |
Balance, March 31, 2023 | |
| 14,707,237 | | |
$ | 14,707 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 59,945,353 | | |
$ | (61,994,675 | ) | |
$ | (1,651,272 | ) |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested options | |
| - | | |
| - | | |
| - | | |
| - | | |
| 145,496 | | |
| | | |
| 145,946 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested restricted stock units for directors | |
| 480,000 | | |
| 480 | | |
| - | | |
| - | | |
| 109,520 | | |
| | | |
| 110,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested restricted stock units for employees | |
| 166,667 | | |
| 166 | | |
| - | | |
| - | | |
| 433,861 | | |
| | | |
| 434,027 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for services | |
| 150,000 | | |
| 150 | | |
| | | |
| | | |
| 523,350 | | |
| | | |
| 523,500 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for cash | |
| 1,002,500 | | |
| 1,003 | | |
| - | | |
| - | | |
| 2,003,997 | | |
| | | |
| 2,005,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Net loss | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (1,840,686 | ) | |
| (1,840,686 | ) |
Balance, June 30, 2023 | |
| 16,506,404 | | |
$ | 16,506 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 63,161,577 | | |
$ | (63,835,361 | ) | |
$ | (273,935 | ) |
For
the Six Months Ended June 30, 2023
(Unaudited)
| |
Common Stock | | |
Common Stock Issuable | | |
Additional
Paid-In | | |
Accumulated | | |
Total Stockholders’ | |
| |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Capital | | |
Deficit | | |
Deficit | |
Balance, December 31, 2022 | |
| 14,152,378 | | |
$ | 14,153 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 58,123,246 | | |
$ | (61,569,759 | ) | |
$ | (3,049,017 | ) |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested options | |
| - | | |
| - | | |
| - | | |
| - | | |
| 163,990 | | |
| | | |
| 163,990 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested restricted stock units for directors | |
| 480,000 | | |
| 480 | | |
| - | | |
| - | | |
| 139,520 | | |
| | | |
| 140,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested restricted stock units for employees | |
| 166,667 | | |
| 166 | | |
| - | | |
| - | | |
| 438,028 | | |
| | | |
| 438,194 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for services | |
| 150,000 | | |
| 150 | | |
| - | | |
| - | | |
| 523,350 | | |
| | | |
| 523,500 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for cash | |
| 1,002,500 | | |
| 1,003 | | |
| - | | |
| - | | |
| 2,003,997 | | |
| | | |
| 2,005,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock on conversion of acquisition note | |
| 554,859 | | |
| 554 | | |
| - | | |
| - | | |
| 1,769,446 | | |
| | | |
| 1,770,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Net loss | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (2,265,602 | ) | |
| (2,265,602 | ) |
Balance, June 30, 2023 | |
| 16,506,404 | | |
$ | 16,506 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 63,161,577 | | |
$ | (63,835,361 | ) | |
$ | (273,935 | ) |
For
the Three Months Ended June 30, 2022
(Unaudited)
| |
Common Stock | | |
Common Stock Issuable | | |
Additional
Paid-In | | |
Accumulated | | |
Total Stockholders’ | |
| |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Capital | | |
Deficit | | |
Deficit | |
Balance, March 31, 2022 | |
| 13,803,261 | | |
$ | 13,803 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 57,448,885 | | |
$ | (60,019,154 | ) | |
$ | (2,173,123 | ) |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested options | |
| - | | |
| - | | |
| - | | |
| - | | |
| 18,495 | | |
| | | |
| 18,495 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested restricted stock units | |
| - | | |
| - | | |
| - | | |
| - | | |
| 33,937 | | |
| | | |
| 33,937 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for services | |
| 189,784 | | |
| 190 | | |
| - | | |
| - | | |
| 210,319 | | |
| | | |
| 210,509 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for vendor balance | |
| 26,000 | | |
| 26 | | |
| - | | |
| - | | |
| 36,374 | | |
| | | |
| 36,400 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for cash | |
| 100,000 | | |
| 100 | | |
| - | | |
| - | | |
| 249,900 | | |
| | | |
| 250,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Net loss | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| (193,590 | ) | |
| (193,590 | ) |
Balance, June 30, 2022 | |
| 14,119,045 | | |
$ | 14,119 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 57,997,910 | | |
$ | (60,212,744 | ) | |
$ | (1,817,372 | ) |
For
the Six Months Ended June 30, 2022
(Unaudited)
| |
Common Stock | | |
Common Stock Issuable | | |
Additional
Paid-In | | |
Accumulated | | |
Total Stockholders’ | |
| |
Shares | | |
Amount | | |
Shares | | |
Amount | | |
Capital | | |
Deficit | | |
Deficit | |
Balance, December 31, 2021 | |
| 12,879,428 | | |
$ | 12,880 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 56,875,273 | | |
$ | (60,291,235 | ) | |
$ | (3,019,739 | ) |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested options | |
| - | | |
| - | | |
| - | | |
| - | | |
| 119,496 | | |
| | | |
| 119,496 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Fair value of vested restricted stock units | |
| 83,833 | | |
| - | | |
| - | | |
| - | | |
| 45,554 | | |
| | | |
| 45,554 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock to employees | |
| 240,000 | | |
| 323 | | |
| - | | |
| - | | |
| 161,594 | | |
| | | |
| 161,917 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for services | |
| 189,784 | | |
| 190 | | |
| - | | |
| - | | |
| 210,319 | | |
| | | |
| 210,509 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for vendor balance | |
| 26,000 | | |
| 26 | | |
| - | | |
| - | | |
| 36,374 | | |
| | | |
| 36,400 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for cash | |
| 100,000 | | |
| 100 | | |
| - | | |
| - | | |
| 249,900 | | |
| | | |
| 250,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Issuance of common stock for GameIQ acquisition | |
| 600,000 | | |
| 600 | | |
| - | | |
| - | | |
| 299,400 | | |
| | | |
| 300,000 | |
| |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | |
Net income | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 78,491 | | |
| 78,491 | |
Net income (loss) | |
| - | | |
| - | | |
| - | | |
| - | | |
| - | | |
| 78,491 | | |
| 78,491 | |
Balance, June 30, 2022 | |
| 14,119,045 | | |
$ | 14,119 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 57,997,910 | | |
$ | (60,212,744 | ) | |
$ | (1,817,372 | ) |
Balance | |
| 14,119,045 | | |
$ | 14,119 | | |
| 383,343 | | |
$ | 383,343 | | |
$ | 57,997,910 | | |
$ | (60,212,744 | ) | |
$ | (1,817,372 | ) |
The
accompanying notes are an integral part of these condensed consolidated financial statements.
RDE,
INC. AND SUBSIDIARY
CONDENSED
CONSOLIDATED STATEMENTS OF CASH FLOWS
For
the Six Months Ended June 30, 2023 and 2022
(Unaudited)
| |
2023 | | |
2022 | |
| |
Six Months Ended June 30, | |
| |
2023 | | |
2022 | |
| |
(Unaudited) | | |
(Unaudited) | |
CASH FLOWS FROM OPERATING ACTIVITIES | |
| | | |
| | |
Net income (loss) | |
$ | (2,265,602 | ) | |
$ | 78,491 | |
Adjustments to reconcile net income (loss) to net cash used in operating
activities | |
| | | |
| | |
Amortization of intangible assets | |
| - | | |
| 49,524 | |
Fair value of vested stock options | |
| 163,990 | | |
| 119,496 | |
Fair value of vested restricted stock for directors | |
| 140,000 | | |
| 45,554 | |
Fair value of vested restricted stock for employees | |
| 438,195 | | |
| 161,917 | |
Fair value of common stock issued for services | |
| 523,500 | | |
| 210,509 | |
Gain on vendor settlement | |
| - | | |
| (28,600 | ) |
Gain on legal settlement | |
| - | | |
| (69,000 | ) |
Gain on forgiveness of government assistance note payable | |
| - | | |
| (1,025,535 | ) |
Changes in operating assets and liabilities: | |
| | | |
| | |
Accounts receivable | |
| 71,291 | | |
| 72,634 | |
Prepaid expenses and other current assets | |
| (63,323 | ) | |
| (39,697 | ) |
Deposits | |
| (7,500 | ) | |
| | |
Decrease in operating lease right of use assets | |
| 59,988 | | |
| 58,037 | |
Accounts payable | |
| 108,575 | | |
| 274,910 | |
Accrued expenses | |
| (46,148 | ) | |
| 88,682 | |
Deferred revenue | |
| (77,530 | ) | |
| (31,937 | ) |
Accrued interest payable | |
| 12,512 | | |
| 55,706 | |
Operating lease liability | |
| (39,040 | ) | |
| (56,601 | ) |
Net cash used in operating activities | |
| (981,092 | ) | |
| (35,910 | ) |
| |
| | | |
| | |
CASH FLOWS FROM INVESTING ACTIVITIES | |
| | | |
| | |
Cash acquired on GameIQ acquisition | |
| - | | |
| 12,805 | |
Net cash provided by investing activities | |
| - | | |
| 12,805 | |
| |
| | | |
| | |
CASH FLOWS FROM FINANCING ACTIVITIES | |
| | | |
| | |
Proceeds from issuance of common stock for cash | |
| 2,005,000 | | |
| 250,000 | |
Repayment of acquisition obligation | |
| (12,684 | ) | |
| - | |
Net cash provided by financing activities | |
| 1,992,316 | | |
| 250,000 | |
| |
| | | |
| | |
Net increase in cash and cash equivalents | |
| 1,011,224 | | |
| 226,895 | |
Cash and cash equivalents beginning of period | |
| 1,122,958 | | |
| 1,930,325 | |
Cash and cash equivalents end of period | |
$ | 2,134,182 | | |
$ | 2,157,220 | |
| |
| | | |
| | |
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | |
| | | |
| | |
Interest paid | |
$ | - | | |
$ | - | |
Taxes paid | |
$ | - | | |
$ | - | |
| |
| | | |
| | |
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: | |
| | | |
| | |
Common stock issued on conversion of acquisition note principal and interest | |
$ | 1,770,000 | | |
$ | - | |
Operating lease right of use asset and related lease liability | |
$ | 293,798 | | |
$ | - | |
Goodwill and intangible assets acquired from acquisition of GameIQ | |
$ | - | | |
$ | 443,509 | |
Fair value of common shares issued on acquisition of GameIQ | |
$ | - | | |
$ | 300,000 | |
Notes payable issued from acquisition of GameIQ | |
$ | - | | |
$ | 140,914 | |
Government assistance notes payable and accrued interest assumed on acquisition of GameIQ | |
$ | - | | |
$ | 15,400 | |
Fair value of common shares issued in settlement of vendor payable | |
$ | - | | |
$ | 36,400 | |
The
accompanying notes are integral part of these condensed consolidated financial statements.
RDE,
INC. AND SUBSIDIARY
NOTES
TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
Three
and Six Months Ended June 30, 2023 and 2022
(Unaudited)
1.
Basis of Presentation
The
accompanying interim condensed consolidated financial statements of RDE, Inc. (the “Company”, “we”, “us”,
or “our”), are unaudited, but in the opinion of management contain all adjustments, including normal recurring adjustments,
necessary to present fairly our financial position at June 30, 2023 and the results of operations and cash flows for the three and six
months ended June 30, 2023 and 2022. Intercompany transactions and balances have been eliminated in consolidation.
Certain
information and footnote disclosures normally included in financial statements that have been prepared in accordance with accounting
principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted pursuant to the rules
and regulations of the Securities and Exchange Commission regarding interim financial reporting. We believe that the disclosures contained
in these condensed financial statements are adequate to make the information presented herein not misleading. For further information,
refer to the financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2022, as filed with the Securities and Exchange Commission on March 7, 2023.
The
results of operations for the six months ended June 30, 2023 are not necessarily indicative of the results of operations to be expected
for the full fiscal year ending December 31, 2023.
The
accompanying consolidated financial statements are unaudited and include the accounts of the Company and its wholly-owned subsidiaries.
All intercompany transactions and balances have been eliminated in consolidation.
In
accordance with the “Segment Reporting” Topic of the Accounting Standards Codification, the Company’s chief operating
decision maker (the Company’s Chief Executive Officer) determined that the Company has only one reporting unit.
Going
Concern
The
accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement
of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the six
months ended June 30, 2023, the Company recorded a net loss of $2,265,602 and used cash in operations of $981,092 and had a stockholders’
deficit of $273,935 as of that date. These factors raise substantial doubt about the Company’s ability to continue as a going concern
within one year after the date of the financial statements being issued. The ability of the Company to continue as a going concern is
dependent upon the Company’s ability to raise additional funds and implement its business plan. As a result, management has concluded
that there is substantial doubt about the Company’s ability to continue as a going concern. The Company’s independent registered
public accounting firm, in its report on the Company’s consolidated financial statements for the year ended December 31, 2022,
has also expressed substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not
include any adjustments that might be necessary if the Company is unable to continue as a going concern.
At
June 30, 2023, the Company had cash on hand in the amount of $2,134,182. The continuation of the Company as a going concern is dependent
upon its ability to obtain necessary debt or equity financing to continue operations until it begins generating positive cash flow. No
assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to
the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the
case of debt financing or cause substantial dilution for our stockholders, in case or equity financing.
COVID-19
The
Company is closely monitoring the impact of the pandemic on all aspects of its business, including how the pandemic may continue to impact
its employees, suppliers, vendors, and business partners. While the pandemic did not materially affect
the Company’s financial results and business operations for the three and six months ended June 30, 2023, the Company is unable
to predict the impact that COVID-19 will have on its financial position and operating results in future periods due to numerous uncertainties.
The Company will continue to assess the evolving impact of the COVID-19 pandemic and will make adjustments to its operations as necessary.
2.
Significant Accounting Policies
Use
of Estimates
The
preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial
statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those
estimates. Significant estimates include those related to assumptions used in accruals for potential liabilities, redemption rate of
promotional gift cards, assumptions used in valuing equity instruments issued for services, and the valuation allowance for deferred
tax assets.
Revenue
Recognition
Revenue
is recognized when, or as, control of a promised product transfers to a customer, in an amount that reflects the consideration to which
the Company expects to be entitled in exchange for transferring those products. Revenue excludes taxes that have been assessed by governmental
authorities and that are directly imposed on revenue-producing transactions between the Company and its customers, including sales and
use taxes.
The
Company operates online websites that sell discounted restaurant coupons, travel and vacation packages, and other merchandise. In addition,
the Company also generates revenues based upon the number of times a third-party website(s) or products(s) are accessed or viewed by
consumers from the Company’s website or platform.
Restaurant
Coupons revenues
Sale
of Restaurant Coupons
The
Company sells discount certificates for restaurants on behalf of third-party restaurants. Approximately 9 to 13 days each month the Company
emails its customers offers for restaurant discounts based on location and personal preferences. Consumers also access deals offered
by the Company directly through the Company’s websites and mobile applications. A typical restaurant discount deal might offer
a $25 discount that can be used toward a $50 purchase at a restaurant. The Company recognizes revenue on a gross basis upon sale and
collection of the restaurant coupons from customers. The Company has no further commitment or obligation to third-party restaurants or
the coupon purchasers upon the sale of restaurant coupons and no amounts are due to the third-party restaurants for these sales. Sale
of restaurant coupons are generally non-refundable. On an infrequent case-by-case basis, the Company will accept customer’s request
to transfer a restaurant coupon from one third-party restaurant to another (for example, upon the closure of a restaurant).
Sale
of Promotional Gift Card Revenue
The
Company sells Restaurant.com promotional gift cards which can only be redeemed for restaurant coupons offered by the Company on
its website. Based on the Company’s historical redemption rates of its promotional gift cards, a portion of the sale of gift card
revenue is recorded as deferred revenue liability at the time of sale and recognized as revenue in future periods based on historical
redemption trend rates, but no longer than 24 months from the date of sale. The Company continues to review historical promotional gift
card redemption information and considers any changes in redemption patterns to assess when revenue is realized. Future redemption rates
may be different than our historical experience and subject to inherent uncertainty. If actual redemption activity differs significantly
from our historical experience, our deferred revenue and results of operations could be materially impacted.
Travel,
Vacation and Merchandise Revenues
The
Company also derives revenue from transactions in which it sells complementary entertainment and travel offerings and consumer products
on behalf of third-party merchants across a wide range of product categories, including, but not limited to, computer products, consumer
electronics, apparel, housewares, watches, jewelry, travel, sporting goods, automobiles, home improvement products, and collectibles.
Additional deals include discounted pricing at theaters, movies or other merchants. Customers purchase restaurant deals from the Company
and redeem them with the Company’s merchant partners. Approximately 9 to 13 days each month the Company emails its customers offers
for discounted experiences and products based on location and personal preferences. Consumers also access the Company’s deals directly
through the Company’s websites and mobile applications. Those discounted experiences and products generally involve a customer’s
purchase of a voucher through one of the Company’s websites that can be redeemed with a third-party merchant for services or goods
(or for discounts on services and goods). Revenue from those transactions is reported on a net basis and equals the purchase price received
from the customer for the voucher less an agreed upon portion of the purchase price paid by the Company to its partners.
Advertising
Revenues
The
Company also has agreements with selected third-party partners, such as Google Ads, wherein third-party website(s) and/or product(s)
are shown or incorporated in the Company’s platform or website. The Company generates revenues based upon the number of times the
third-party website(s) or product(s) are accessed or viewed by consumers from the Company’s platform or website. Revenue is recognized
when its determinable, which is generally upon receipt of a statement and/or proceeds from the third-party partners.
In
the following table, revenue is disaggregated by our divisions and type of revenue for the three months ended June 30, 2023 and 2022:
Schedule
of Disaggregation of Revenue
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Three Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 165,196 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 276,981 | |
Business to business (B2B) | |
| 444,507 | | |
| - | | |
| - | | |
| 444,507 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 609,703 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 721,488 | |
| |
| | | |
| | | |
| | | |
| | |
Three Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 157,774 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 273,280 | |
Business to business (B2B) | |
| 1,524,934 | | |
| - | | |
| - | | |
| 1,524,934 | |
Other | |
| 12,940 | | |
| - | | |
| - | | |
| 12,940 | |
Total | |
$ | 1,695,648 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 1,811,154 | |
In
the following table, revenue is disaggregated by our divisions and type of revenue for the six months ended June 30, 2023 and 2022:
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Six Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 453,374 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 659,657 | |
Business to business (B2B) | |
| 873,542 | | |
| - | | |
| - | | |
| 873,542 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 1,307,916 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 1,533,199 | |
| |
| | | |
| | | |
| | | |
| | |
Six Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 355,012 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 596,077 | |
Business to business (B2B) | |
| 1,953,709 | | |
| - | | |
| - | | |
| 1,953,709 | |
Other | |
| 21,148 | | |
| - | | |
| - | | |
| 21,148 | |
Total | |
$ | 2,329,869 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 2,570,934 | |
Business Combinations
The Company accounts for its business combinations
using the acquisition method of accounting where the purchase consideration is allocated to the tangible and intangible assets acquired,
and liabilities assumed, based on their respective fair values as of the acquisition date. The excess of the fair value of the purchase
consideration over the estimated fair values of the net assets acquired is recorded as goodwill. When determining the fair values of assets
acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets.
Critical estimates in valuing intangible assets include, but are not limited to, expected future cash flows, which includes consideration
of future growth and margins, future changes in technology, brand awareness and discount rates. Fair value estimates are based on the
assumptions that management believes a market participant would use in pricing the asset or liability.
Earnings
(Loss) Per Share
Basic
earnings (loss) per share is computed using the weighted average number of common shares issued and outstanding during the period. Diluted
earnings (loss) per share is computed using the weighted average number of common shares and the dilutive effect of contingent shares
outstanding during the period. Potentially dilutive contingent shares, which primarily consist of convertible notes and stock issuable
upon the exercise of stock options and warrants, have been excluded from the calculation of diluted loss per share because their effect
is anti-dilutive.
Loss
per common share is computed by dividing net loss by the weighted average number of shares of common stock issued and outstanding during
the respective periods. Basic and diluted loss per common share was the same for all periods presented because all convertible notes
and stock issuable upon the exercise of stock options and warrants outstanding were anti-dilutive.
At
June 30, 2023 and 2022, the Company excluded the outstanding convertible debt and securities summarized below, which entitle the holders
thereof to acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.
Schedule
of Anti- dilutive Securities Excluded from Computation of Earning Loss Per Share
| |
June 30, 2023 | | |
June 30, 2022 | |
Convertible notes payable | |
| 25,758 | | |
| 23,758 | |
Common stock issuable | |
| 383,343 | | |
| - | |
Common stock warrants | |
| - | | |
| 20,667 | |
Common stock options | |
| 743,116 | | |
| 648,116 | |
Total | |
| 1,152,217 | | |
| 692,541 | |
Stock-Based
Compensation
The
Company periodically issues share-based awards to employees and non-employees and consultants for services rendered. Stock options vest
and expire according to terms established at the issuance date of each grant. Stock grants are measured at the grant date fair value.
Stock-based compensation cost is measured at fair value on the grant date and is generally recognized as a charge to operations ratably
over the requisite service, or vesting, period.
The
Company values its equity awards using the Black-Scholes option-pricing model, and accounts for forfeitures when they occur. Use of
the Black-Scholes option pricing model requires the input of subjective assumptions, including expected volatility, expected term,
dividend rate, and a risk-free interest rate. The expected volatility is based on the historical volatility of the Company’s
common stock, calculated utilizing a look-back period approximately equal to the contractual life of the stock option being granted.
The expected life of the stock option is calculated as the mid-point between the vesting period and the contractual term (the
“simplified method”). The risk-free interest rate is estimated using comparable published federal funds
rates.
Advertising
Costs
The
Company has marketing relationship agreements with various online companies such as portal networks, contextual sites, search engines
and affiliate partners. Advertising costs are generally charged to the Company monthly per vendor agreements, which typically are based
on visitors and/or registrations delivered to the site or at a set fee. Agreements do not provide for guaranteed renewal and may be terminated
by the Company without cause. Such advertising costs are charged to expense as incurred and included in selling, general and administrative
expenses in the statements of operations. During the six months ended June 30, 2023 and 2022, advertising costs were $136,261 and $247,759,
respectively.
Customer
and Vendor Concentration
As of June 30, 2023 and December 31, 2022, there were two customers and one customer who accounted for
over 10% of the Company’s consolidated accounts receivable, respectively. As of June 30, 2023 and December 31, 2022, there were
three vendors and three vendors, respectively, who accounted for over 10% of the Company’s consolidated accounts payable. During
the six months ended June 30, 2023 and 2022, there were no customers who accounted for over 10% of the Company’s consolidated net
revenue. During the six months ended June 30, 2023 and 2022, there were no vendors, respectively, who accounted for over 10% of the Company’s purchases.
Fair
Value of Financial Instruments
The
authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques
used to measure fair value into three levels and requires that assets and liabilities carried at fair value be classified and disclosed
in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair
value measurements, is also required. Fair value of a financial instrument is defined as the amount at which the instrument could be
exchanged in a current transaction between willing parties.
The
three levels of the fair value hierarchy are as follows:
Level
1 - Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability
to access.
Level
2 - Valuations based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs
that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities.
Level
3 - Valuations based on inputs that are unobservable, supported by little or no market activity and that are significant to the fair
value of the assets or liabilities.
The
carrying value of the Company’s financial instruments (consisting of cash, accounts receivables, deposits to credit card processor,
prepaid expense and other current assets, accounts payable, accrued expenses, notes payable, and other liabilities) are considered to
be representative of their respective fair values due to the short-term nature of those instruments.
Recent
Accounting Pronouncements
In
June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-13,
Credit Losses (Topic 326) – Measurement of Credit Losses on Financial Instruments (“ASC 2016-13”). ASU 2016-13 requires
entities to use a forward-looking approach based on current expected credit losses to estimate credit losses on certain types of financial
instruments, including trade receivables, which may result in the earlier recognition of allowance for losses. ASU 2016-13 was effective
beginning January 1, 2023 and early adoption is permitted. The Company adopted ASU 2016-13 effective January 1, 2023. The adoption of
ASU 2016-13 did not have any impact on the Company’s consolidated financial statement presentation or disclosures.
In
October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805) – Accounting for Contract Assets and Contract Liabilities
from Contracts with Customers (“ASU 2021-08”). ASU 2021-08 requires that an entity recognize and measure contract assets
and contract liabilities acquired in a business combination as if it had originated the contracts. This is a shift from existing guidance,
which required the acquirer to recognize contract assets and contract liabilities at their fair value as of the acquisition date. ASU
2021-08 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. An entity
should apply the guidance provided by ASU 2021-08 prospectively to business combinations occurring on or after January 1, 2023. Early
adoption of ASU 2021-08 is permitted, including adoption in an interim period. An entity that early adopts the guidance in an interim
period should apply the amendments (1) retrospectively to all business combinations for which the acquisition date occurs on or after
the beginning of the fiscal year that includes the interim period of early application and (2) prospectively to all business combinations
that occur on or after the date of initial application. The Company adopted ASU 2021-18 effective January 1, 2023. The adoption of ASU
2021-08 did not have any impact on the Company’s consolidated financial statement presentation or disclosure.
Management
does not believe that any other recently issued, but not yet effective, authoritative guidance, if currently adopted, would have a material
impact on the Company’s financial statement presentation or disclosures.
3.
Right-of-Use Assets and Operating Lease Liabilities
The
Company leases certain corporate office spaces under an operating lease agreement.
Operating
lease right-of-use (“ROU”) assets and operating lease liabilities are recognized at the commencement date based on the present
value of lease payments over the lease term. ROU assets represent the Company’s right to use an underlying asset for the lease
term, and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Generally, the implicit
rate of interest in lease arrangements is not readily determinable and the Company utilizes its incremental borrowing rate in determining
the present value of lease payments. The Company’s incremental borrowing rate is a hypothetical rate based on its understanding
of what its credit rating would be. The operating lease ROU asset includes any lease payments made and excludes lease incentives.
As
of December 31, 2022, the ROU assets were $52,608. In April 2023, Restaurant.com signed a lease for its office located in Schaumberg,
Illinois. The lease has a term of 36 months and an average base rent of approximately $7,500 per month. At lease commencement, the Company recorded a right-of-use
asset and lease liability of $293,798 based upon the present value of all lease payments. During the six months
ended June 30, 2023, the Company reflected a decrease in its ROU asset of $59,988, resulting in a ROU asset balance of $286,418 as of June
30, 2023.
As
of December 31, 2022, operating lease liabilities were $59,328. In April 2023, the Company recorded an operating lease liability of $293,798 as
discussed above. During the six months ended June 30, 2023, the Company made lease payments of $39,040 towards its operating lease liability.
As of June 30, 2023, ROU lease liabilities under operating leases totaled $314,086.
4.
Convertible Note Payable- Past Due
Convertible
notes consists of the following at June 30, 2023 and December 31, 2022:
Schedule of Convertible Debt
| |
June 30, 2023 | | |
December 31, 2022 | |
| |
| | |
| |
Total principal balance | |
$ | 20,000 | | |
$ | 20,000 | |
Accrued interest | |
| 18,637 | | |
| 17,137 | |
Total principal and accrued interest | |
$ | 38,637 | | |
$ | 37,137 | |
In 2018, the Company merged with Incumaker, Inc. The merger was treated as a reverse merger and recapitalization of the
Company for financial accounting purposes. In conjunction with the merger with Incumaker, Inc., the Company assumed certain
outstanding convertible notes payable. At June 30, 2023 and December 31, 2022, the remaining convertible note assumed in the
reverse merger had a principal balance outstanding of $20,000,
was due July 2017, interest of 15% per annum, and accrued interest payable of $18,637 and
$17,137,
respectively. As of June 30, 2023, the convertible note, including accrued interest payable, was
convertible at $1.50 per
share into 25,758 shares
of the Company’s common stock.
5.
Notes Payable, Acquisitions
Notes payable, acquisitions consists of the following at June 30, 2023 and December 31, 2022:
Schedule of Acquisition Notes Payable
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
GameIQ acquisition note payable | |
$ | 115,104 | | |
$ | 127,778 | |
Restaurant.com acquisition note payable | |
| - | | |
| 1,500,000 | |
Total principal balance | |
| 115,104 | | |
| 1,627,778 | |
Accrued interest | |
| 638 | | |
| 252,194 | |
Total principal and accrued interest | |
| 115,742 | | |
| 1,879,972 | |
Less current portion | |
| (34,066 | ) | |
| (1,798,478 | ) |
Non-current portion | |
$ | 81,676 | | |
$ | 81,494 | |
GameIQ
Acquisition Note Payable
On February 1, 2022, two notes payable for the purchase
of GameIQ were issued, one for $78,813. and another for $62,101. RDE, Inc. promises to pay to the order of the holders the principal amounts
together with annual interest of 1%, which shall be paid upon the earlier of (i) nine (9) equal biannual installments with the first installment
due on the nine-month anniversary of February 1, 2022, and the final payment due February 1, 2025. In the event of default, the notes
to the Holders are secured, in the manner that such payment to be made in cash or shares of the RDE, Inc.’s common stock at the
election of the holders. These Notes may be prepaid in whole or in part by RDE, Inc.
As
of December 31, 2022, the notes payable had an aggregate principal balance outstanding of $127,788 and accrued interest payable of $688.
During the six months ended June 30, 2023, the Company made principal payments of $12,674. As of June 30, 2023, the notes payable had
an aggregate principal balance outstanding of $115,104 and accrued interest payable of $638.
Restaurant.com
Note Payable
Pursuant
to the terms of the acquisition agreement with Restaurant.com, Inc. entered into on March 1, 2020, the Company executed an unsecured
promissory note in the principal amount of $1,500,000 that matured on March 1, 2023. The promissory note bears interest at a rate of
6% per annum and is convertible at the option of the Company into common shares at a price to be determined on the date of conversion.
As
of December 31, 2022, the note payable had a principal balance outstanding of $1,500,000 and accrued interest payable of $251,507. On
March 1, 2023, the principal and interest balance of approximately $1,770,000 was converted into 554,859 shares of the Company’s
common stock, and the note was retired.
6.
Government Assistance Notes Payable -SBA Loans
Government
Assistance Notes Payable-SBA Loans consists of the following at June 30, 2023, and December 31, 2022:
Schedule
of Notes Payable
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
Economic Injury/Disaster Loans | |
$ | 661,035 | | |
$ | 661,035 | |
Accrued interest | |
| 38,098 | | |
| 45,541 | |
Total principal and accrued interest | |
| 699,133 | | |
| 706,576 | |
Less current portion | |
| (39,876 | ) | |
| (15,217 | ) |
Non-current portion | |
$ | 659,257 | | |
$ | 691,359 | |
Economic
Injury Disaster Loans (EIDL):
In 2020 and 2021, the Company received an aggregate
of $650,000 of proceeds applicable to two loans administered by the Small Business Administration (“SBA”) as disaster loan
assistance under the Covid-19 Economic Injury Disaster Loan (EIDL) Program. On January 31, 2022, the Company assumed an additional $14,500
EIDL, and accrued interest of $900, as part of the consideration paid for the acquisition of GameIQ.
The loans bear interest at 3.75% per annum, with a
combined repayment of principal and interest of $3,500 per month over a period of 30 years. As of June 30, 2023 and December 31, 2022,
the note payable had a principal balance outstanding of $661,035 and $661,035 and accrued interest payable of $38,098 and $45,541 respectively.
7.
Stockholder’s Deficit
Common
Stock Transactions
Issuance
of Common Stock on Sale of Common Stock
During
the six months ended June 30, 2023, the Company received net proceeds of $2,005,000 for the sale of 1,002,500 shares of
common stock at $2.00 per share, as part of a private placement.
Issuance
of Common Stock on Conversion of Acquisition Note
On
March 1, 2023, the principal and interest balance of approximately $1,770,000 for the Restaurant.com acquisition note payable (see Note
5) was converted into 554,859 shares of the Company’s common stock, and the note was retired.
Issuance
of Restricted Stock to Directors
During
the year ended December 31, 2022, the Company granted 720,000 of shares to members of the Company’s Board of Directors with a fair
value of $360,000 or $0.50 per share. The shares vest over a two-year period from grant date. During the year ended December 31, 2022,
the Company issued 240,000 of these shares of common stock with a fair value of $220,000 based upon its vesting term. As of December
31, 2022, the aggregate amount of unvested compensation related to this common stock was approximately $140,000. During the six months
ended June 30, 2023, the Company issued the remaining 480,000 shares of common stock and recognized $140,000 of expense related to the
vesting of restricted shares, leaving no remaining future vesting expense.
Issuance
of Restricted Stock to Employees
During
the year ended December 31, 2022, the Company granted 150,500 shares of the Company’s restricted stock to employees with a fair
value $75,250 or $0.50 per share. The shares vest over a two-year period from grant date. During the year ended December 31, 2022, the
Company issued 83,833 of these shares of restricted stock with a fair value of $55,620 based upon its vesting term. During the six months
ended June 30, 2023, the Company issued the remaining 66,667 shares of common stock and recognized $19,445 of expense related to the
vesting of restricted shares, leaving no remaining future vesting expense.
On
April 1,2023, the Company granted 300,000 shares of the Company’s restricted stock with an aggregate fair value of $1,005,000,
or $3.35 per share. 200,000 shares of the restricted stock were issued to the Company’s Chief Executive Officer, and 100,000 shares
of the restricted stock were issued to other employees. The restricted stock grant vest 33% on the grant date, and 33% on each subsequent
anniversary date. During the six months ended June 30, 2023, the Company recognized $418,750 of expense related to the vesting of restricted
shares, leaving $586,250 remaining to be expensed upon vesting in future periods through March 31, 2025. During the six months ended
June 30, 2023, the Company issued 100,000 of these shares of restricted stock with a fair value of $335,000 based upon its vesting term.
Issuance
of Common Stock for Services
During
the six months ended June 30, 2023, the Company issued 150,000 shares of common stock with a fair value of $523,500, or $3.49 per share,
to a consultant for services rendered, which was fully expensed when granted.
Common Stock Issuable
At June 30, 2023 and December 31, 2022, 383,343 shares
of common stock with an aggregate value of $383,000 have not been issued and are reflected as common stock issuable in the accompanying
condensed consolidated financial statements.
Stock
Options
A
summary of stock options for the six months ended June 30, 2023, is as follows:
Summary
of Stock Options
| |
Number of Options | | |
Weighted Average Exercise Price | |
Balance outstanding, December 31, 2022 | |
| 648,116 | | |
| 4.59 | |
Options granted | |
| 95,000 | | |
| 3.35 | |
Options exercised | |
| - | | |
| - | |
Options expired or forfeited | |
| - | | |
| - | |
Balance outstanding, June 30, 2023 | |
| 743,116 | | |
$ | 4.43 | |
Balance exercisable, June 30, 2023 | |
| 548,686 | | |
$ | 5.30 | |
On
April 1, 2023, the Company, pursuant to the terms of its 2019 Stock Incentive Plan, approved options exercisable into 95,000 shares to
be issued to its employees. The 95,000 stock options had an exercise price of $3.35 per share, with vesting of 33% on date of issuance,
and then 33% on each subsequent anniversary date. The stock options are exercisable at a weighted average price of $3.35 per share with
an average life to expiration of approximately three years. The total fair value of these options at grant date was approximately $294,000,
which was determined using a Black-Scholes-Merton option pricing model with the following average assumption: stock price of $3.35 per
share, expected term of 3.00 years, volatility of 203%, dividend rate of 0%, and weighted average risk-free interest rate of 2.61%.
The
expected term represents the weighted-average period of time that share option awards granted are expected to be outstanding giving consideration
to vesting schedules and historical participant exercise behavior; the expected volatility is based upon historical volatility of the
Company’s common stock; the expected dividend yield is based on the fact that the Company has not paid dividends in the past and
does not expect to pay dividends in the future; and the risk-free interest rate is based on the U.S. Treasury yield curve in effect at
the time of measurement corresponding with the expected term of the share option award.
During
the six months ended June 30, 2023, the Company recognized $163,990 of compensation expense relating to vested stock options. As of June
30, 2023, the aggregate amount of unvested compensation related to stock options was approximately $229,881, which will be recognized
as an expense as the options vest in future periods through March 31, 2025.
The
weighted average remaining contractual life of common stock options outstanding and exercisable at June 30, 2023 was 5.53 years. Based
on a fair market value of $3.00 per share on June 30, 2023, the intrinsic value attributed to exercisable but unexercised common stock
options was $591,936 at June 30, 2023.
8.
Contingencies
From
time to time the Company may be named in claims arising in the ordinary course of business. Currently, there are no such legal proceeding
that are pending against the Company or that involve the Company that, in the opinion of management, could reasonably be expected to
have a material adverse effect on the Company’s business or financial condition.
9.
Subsequent Events
On
August 18, 2023, RDE entered into an Agreement and Plan of Merger with CardCash Exchange, Inc., (“CardCash”) a leading
secondary gift card exchange. RDE, subject to a number of closing conditions, including that it meet the listing standards for the
Nasdaq Capital Market, will acquire the business of CardCash for (i) $2,000,000
of which $1,000,000
will be paid at the future closing of the transaction out of existing cash, and $1,000,000
will be paid in the form a promissory note due and payable on the second anniversary of the future closing date, and (ii) the
issuance of 6,108,077
restricted shares of RDE’s common stock to the shareholders of CardCash with a fair value on August 18, 2023, of approximately
$27.7 million,
which would currently represents approximately 37% of
RDE’s issued and outstanding shares of common stock after the future closing of the merger. Following the closing of the
CardCash merger, CardCash will become a wholly owned subsidiary of RDE. The acquisition is targeted to close by the end of 2023.
This transaction will be accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities
assumed, and consideration exchanged will be recorded at estimated fair values on the date of closing of the acquisition.
Item
2. Management’s Discussion and Analysis of Financial Condition and Results of Operations
Management’s
Discussion and Analysis of Financial Condition and Results of Operations is designed to provide a reader of the financial statements
with a narrative report on our financial condition, results of operations, and liquidity. This discussion and analysis should be read
in conjunction with the attached unaudited Condensed Consolidated Financial Statements and notes thereto and our Annual Report on Form
10-K for the year ended December 31, 2022, including the audited Consolidated Financial Statements and notes thereto. The following discussion
contains forward-looking statements that involve risks and uncertainties, such as statements of our plans, objectives, expectations,
and intentions. Our actual results could differ materially from those discussed in the forward-looking statements. Please also see the
cautionary language at the beginning of this Quarterly Report regarding forward-looking statements.
Business
Overview
Restaurant.com
is a pioneer in the restaurant deal space and the nation’s largest restaurant-focused digital deals brand. Founded in 1999, we
connect digital consumers, businesses, and communities offering dining and merchant deal options nationwide at over 182,500 restaurants
and retailers to over 7.8 million customers. Our 12,500 core restaurants and 170,000 Dining Discount Pass restaurants and retailers extend
nationwide. Our top three B2C markets are New York, Chicago and Los Angeles.
We
derive our revenue from transactions in which we sell discount certificates for restaurants on behalf of third-party restaurants. Approximately
9-13 days each month we email our customers offers for restaurant discounts based on location and personal preferences. Consumers also
access our deals directly through our websites and mobile applications. A typical restaurant discount deal might offer a $25 discount
that can be used toward a $50 purchase at a restaurant. Additional deals include discounted pricing at theaters, movies or other merchants.
Customers purchase restaurant deals from us and redeem them with our merchant partners. We charge, and only collect, a service fee from
our customers which allows them to download the discount certificates and redeem them at the restaurant. We receive no revenue or commission
from the restaurants offering the discount deals.
We
derive our revenue from transactions in which we sell complimentary entertainment and travel offerings and consumer products on behalf
of third-party merchants. Approximately 9-13 days each month we email our customers offers for discounted experiences and products based
on location and personal preferences. Consumers also access our deals directly through our websites and mobile applications. Those discounted
experiences and products generally involve a customer’s purchase of a voucher through one of our websites that can be redeemed
with a third-party merchant for services or goods (or for discounts on services and goods). Revenue from those transactions is reported
on a net basis and equals the purchase price received from the customer for the voucher less an agreed upon portion of the purchase price
paid by us to our partners.
Through
our websites, www.restaurant.com, www.specials.restaurant.com, and mobile iOS and Android apps, we provide affordable dining and entertainment
experiences. In addition to purchasing restaurant discount certificates, entertainment and travel deals and consumer products as well
as company gift card redemption, our website and mobile platform provide additional information to assist the customer and encourage
return visits to our websites, including restaurant menus, entrée pricing, mapping and directions, and extensive filtering options,
including most popular, cuisine type and “Deals Near Me” for nearby restaurants. Paperless restaurant certificate redemption
and validation can also occur on our mobile platforms. During the year ended December 31, 2022 , there were an average of 700,000 unique
visitors per month to our digital platforms including our mobile and Specials offerings. Since the launch of our mobile apps in 2012,
mobile has grown from zero to 49% of our B2C revenue and over 60% of the B2C orders with over 6.4 million downloads of our apps for the
year ended December 31, 2022.
Our
B2B sales program has grown significantly since its introduction in 2004 and comprises 50% of revenue. Our high-value, low-cost features
enable businesses to use Restaurant.com Gift Cards to entice new and existing customers to increase sales, promote customer satisfaction
and incent desired behavior. The availability of use in every market, features like “never expire” and online exchange, and
use by every customer demographic fit every business’s customer base; features no other incentive product can match.
In
March 2020, the World Health Organization declared COVID-19 a global pandemic. This contagious disease outbreak, which has continued
to spread, and the related adverse public health developments, have adversely affected work forces, economies and financial markets globally.
The outbreak has negatively impacted our revenues as a result of the temporary closures of restaurants throughout the United States where
our discount certificates and Discount Dining Passes are accepted and where dining is being restricted to outdoor locations or to capacity
constraints for indoor dining. We expect that for the next several months, as the virus continues to limit visits to restaurants and
as many prospective patrons choose to order delivery of meals from restaurants or take advantage of picking-up meals from restaurants,
to continue to negatively impact our revenues from purchase of our discount certificates, since they can only be redeemed when dining
in the restaurants. In addition, our dining certificates are not accepted for payment by third-party platforms that facilitate ordering
and delivery of food on-demand. As the COVID-19 pandemic appears to be abating, we expect an improvement in our revenues in fiscal 2023.
Inflation
Global
inflation also increased during 2021 and in 2022. The Russia and Ukraine conflict and other geopolitical conflicts, as well as related
international response, have exacerbated inflationary pressures, including causing increases in the price for goods and services and
global supply chain disruptions, which have resulted and may continue to result in shortages in food products, materials and services.
Such shortages have resulted and may continue to result in inflationary cost increases for labor, fuel, food products, materials and
services, and could continue to cause costs to increase as well as result in the scarcity of certain materials. We cannot predict any
future trends in the rate of inflation or other negative economic factors or associated increases in our operating costs and how that
may impact our business. To the extent we and the restaurant customers we service are unable to recover higher operating costs resulting
from inflation or otherwise mitigate the impact of such costs on our and their business, our revenues and gross profit could decrease,
and our financial condition and results of operations could be adversely affected.
Going
Concern
During
the six months ended June 30, 2023, we incurred a net loss of $2,265,602, utilized cash in operations of $981,092, and had a stockholders’
deficiency of $273,935 as of June 30, 2023. At June 30, 2023, we had cash of $2,134,182 available to fund its operations, including expansion
plans, and to service its debt.
Our
condensed consolidated financial statements have been presented on the basis that it will continue as a going concern, which contemplates
the realization of assets and satisfaction of liabilities in the normal course of business. We have experienced operating losses and
negative operating cash flows during 2022 and 2021. We have financed our working capital requirements through borrowings from various
sources and the sale of our equity securities.
Our
operations have been significantly and negatively impacted by the COVID-19 pandemic. Due to the uncertain and rapidly evolving nature
of current conditions around the world, we are unable to predict accurately the impact that the COVID-19 pandemic will have on its business
going forward. We expect the COVID-19 pandemic and its effects to continue to have a significant adverse impact on its business for the
duration of the pandemic and during the subsequent economic recovery, which could be for an extended period of time.
As
a result, management has concluded that there is substantial doubt about our ability to continue as a going concern. The Company’s
independent registered public accounting firm, in its report on the Company’s consolidated financial statements for the year ended
December 31, 2022, has also expressed substantial doubt about the Company’s ability to continue as a going concern. The Company’s
consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.
The
Company’s ability to continue as a going concern is dependent upon its ability to raise additional debt or equity capital to fund
its business activities and to ultimately achieve sustainable operating revenues and profitability.
As
market conditions present uncertainty as to the Company’s ability to secure additional funds, there can be no assurances that the
Company will be able to secure additional financing on acceptable terms, as and when necessary to continue to conduct operations. There
is also significant uncertainty as to the effect that the coronavirus may have on the Company’s business plans and the amount and
type of financing available to the Company in the future.
If
the Company is unable to obtain the cash resources necessary to satisfy the Company’s ongoing cash requirements, the Company could
be required to scale back its business activities or to discontinue its operations entirely.
Results
of Operations - Three months ended June 30, 2023, compared to three months ended June 30, 2022
Revenue
In
the following table, revenue is disaggregated by our divisions and type of revenue for the three months ended June 30, 2023 and 2022:
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Three Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 165,196 | | |
$ | 74,423 | | |
$ | 36,362 | | |
$ | 276,981 | |
Business to business (B2B) | |
| 444,507 | | |
| - | | |
| - | | |
| 444,507 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 609,703 | | |
$ | 74,423 | | |
$ | 36,362 | | |
$ | 721,488 | |
| |
| | | |
| | | |
| | | |
| | |
Three Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 157,774 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 273,280 | |
Business to business (B2B) | |
| 1,524,934 | | |
| - | | |
| - | | |
| 1,524,934 | |
Other | |
| 12,940 | | |
| - | | |
| - | | |
| 12,940 | |
Total | |
$ | 1,695,648 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 1,811,154 | |
Revenue
for the three months ended June 30, 2023, was $721,488, a decrease of approximately $1,089,666 or 60%, as compared to $1,811,154 in the
same period of the prior year.
During
the three months ended June 30, 2022, we entered into an agreement with a national mobile telephone provider (“Provider”)
to provide our coupon codes to the Provider’s mobile phone application user that are verified nurses and teachers. Each Provider
participant who redeemed the promotion received a dining credit of $25.00 and two movie tickets. The dining credit can be redeemed for
a certificate at any of our participating local restaurants. The movie tickets provided by us are through Fandango for use at participating
theatres. The agreement started and ended in May 2022, and we earned $1,106,447 in revenues from this agreement during the three months
ended June 30, 2022. No similar Provider agreement activity occurred during the current year period.
Operating
Expenses
Cost
of Revenues
Cost
of revenues consists primarily of the costs incurred to generate revenues, consisting primarily of transaction fees. Management expects
these costs to increase in the future as the Company focuses on increasing its revenues.
Costs
of revenues decreased to $101,389 during the three months ended June 30, 2023, as compared to $497,733 during the three months ended
June 30, 2022. During the three months ended June 30, 2023 and 2022, our cost of revenues, as a percentage of revenue, was 14% and 27%,
respectively. The decrease in cost of revenues, as a percentage of revenue, was from Fandango movie ticket costs related to the agreement
with our Provider discussed above. No similar Provider agreement activity occurred during the current year period.
Selling,
General and Administrative Expenses
Selling,
general and administrative expenses consist of costs incurred to identify, communicate with and evaluate potential customers and related
business opportunities, and compensation to officers and directors, as well as legal and other professional fees, lease expense, and
other general corporate expenses. Management expects selling, general and administrative expenses to increase in future periods as the
Company adds personnel and incurs additional costs related to its operation as a public company, including higher legal, accounting,
insurance, compliance, compensation and other costs.
Selling,
general and administrative expenses were $2,453,615 during the three months ended June 30, 2023, as compared to $1,475,455 during the
three months ended June 30, 2022, an increase of $978,161. The increase was related mainly to a $950,533 increase in stock-based compensation
for directors, employees and contractors in the current period as compared to the prior year. Excluding stock-based compensation, our
selling, general and administrative expenses increased $27,628 during the current period, related to general changes in our business
and operations.
Amortization
of Intangible Assets
Amortization
of intangible assets relates to our acquisition of GameIQ effective February 28, 2022, and Restaurant.com, effective January 30, 2020.
Amortization of intangible assets was $0 and $31,044 during the three months ended June 30, 2023 and 2022, respectively.
Loss
from Operations
For
the three months ended June 30, 2023, we incurred a loss from operations of $1,833,516, as compared to a loss from operations of $193,078
for the three months ended June 30, 2022. The increase in loss from operations was due to the decrease in revenue and increased operating
expenses discussed above.
Other
Income (Expenses)
The
Company had other expenses of $7,170 for the three months ended June 30, 2023, as compared to other expense of $512 for the three months
ended June 30, 2022. Other income for the three months ended June 30, 2022, consisted of a gain on vender settlement of $28,600, which
did not occur in the current year period. Interest expense was $7,170 for the three months ended June 30, 2023, as compared to interest
expense of $29,112 for the three months ended June 30, 2022.
Net
Loss
We
realized a net loss of $1,840,686 for the three months ended June 30, 2023, as compared to net loss of $193,590 for the three months
ended June 30, 2022. The change to net loss was primarily from recording a gain on legal vender settlement of $28,600, which did not
occur in the current year period, offset by the decrease in revenue and increased operating expenses during the three months ended June
30, 2023, as compared to the prior year period.
Results
of Operations - Six months ended June 30, 2023, compared to six months ended June 30, 2022
Revenue
In
the following table, revenue is disaggregated by our divisions and type of revenue for the six months ended June 30, 2023 and 2022:
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Six Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 434,374 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 659,657 | |
Business to business (B2B) | |
| 873,542 | | |
| - | | |
| - | | |
| 873,542 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 1,307,916 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 1,533,199 | |
| |
| | | |
| | | |
| | | |
| | |
Six Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 355,012 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 596,077 | |
Business to business (B2B) | |
| 1,953,709 | | |
| - | | |
| - | | |
| 1,953,709 | |
Other | |
| 21,148 | | |
| - | | |
| - | | |
| 21,148 | |
Total | |
$ | 2,329,869 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 2,570,934 | |
Revenue
for the six months ended June 30, 2023, was $1,533,199, a decrease of approximately $1,037,735 or 40%, as compared to $2,570,934 in the
same period of the prior year.
During
the six months ended June 30, 2022, we entered into an agreement with a national mobile telephone provider (“Provider”) to
provide our coupon codes to the Provider’s mobile phone application user that are verified nurses and teachers. Each Provider participant
who redeemed the promotion received a dining credit of $25.00 and two movie tickets. The dining credit can be redeemed for a certificate
at any of our participating local restaurants. The movie tickets provided by us are through Fandango for use at participating theatres.
The agreement started and ended in May 2022, and we earned $1,106,447 in revenues from this agreement during the six months ended June
30, 2022. No similar Provider agreement activity occurred during the current year period.
Operating
Expenses
Cost
of Revenues
Cost
of revenues consists primarily of the costs incurred to generate revenues, consisting primarily of transaction fees. Management expects
these costs to increase in the future as the Company focuses on increasing its revenues.
Costs
of revenues decreased to $196,266 during the six months ended June 30, 2023, as compared to $598,298 during the six months ended June
30, 2022. During the six months ended June 30, 2023 and 2022, our cost of revenues, as a percentage of revenue, was 13% and 23%, respectively.
The decrease in cost of revenues, as a percentage of revenue, was from Fandango movie ticket costs related to the agreement with our
Provider discussed above. No similar Provider agreement activity occurred during the current year period.
Selling,
General and Administrative Expenses
Selling,
general and administrative expenses consist of costs incurred to identify, communicate with and evaluate potential customers and related
business opportunities, and compensation to officers and directors, as well as legal and other professional fees, lease expense, and
other general corporate expenses. Management expects selling, general and administrative expenses to increase in future periods as the
Company adds personnel and incurs additional costs related to its operation as a public company, including higher legal, accounting,
insurance, compliance, compensation and other costs.
Selling,
general and administrative expenses were $3,569,634 during the six months ended June 30, 2023, as compared to $2,912,050 during the six
months ended June 30, 2022, an increase of $657,584. The decrease was related mainly to a $728,209 increase in stock-based compensation
for directors, employees and contractors in the current period as compared to the prior year. Excluding stock-based compensation, our
selling, general and administrative expenses decreased $70,625 during the current period, related to general changes in our business
and operations.
Amortization
of Intangible Assets
Amortization
of intangible assets relates to our acquisition of GameIQ effective February 28, 2022, and Restaurant.com, effective January 30, 2020.
Amortization of intangible assets was $0 and $49,524 during the six months ended June 30, 2023 and 2022, respectively.
Loss
from Operations
For
the six months ended June 30, 2023, we incurred a loss from operations of $2,232,701, as compared to a loss from operations of $988,938
for the six months ended June 30, 2022. The increase in loss from operations was due to the decrease in revenue offset by the decreased
operating expenses discussed above.
Other
Income (Expenses)
The
Company had other expenses of $32,901 for the six months ended June 30, 2023, as compared to other income of $1,067,429 for the six months
ended June 30, 2022. Other income for the six months ended June 30, 2022, consisted of a gain on legal settlement of $69,000, a gain
on vender settlement of $28,600, and a gain from the forgiveness of a government assistance loan of $1,025,535, all of which did not
occur in the current year period. Interest expense was $32,901 for the six months ended June 30, 2023, as compared to interest expense
of $55,706 for the six months ended June 30, 2022.
Net
Loss
We
realized a net loss of $2,265,602 for the six months ended June 30, 2023, as compared to generating a net income of $78,491 for the six
months ended June 30, 2022. The change to net loss from net income was primarily from recording a gain on legal settlement of $69,000,
a gain on vendor settlement of $28,600, and a gain from the forgiveness of a government assistance loan of $1,025,535, which did not
occur in the current year period, offset by the decrease in revenue and increased operating expenses during the six months ended June
30, 2023, as compared to the prior year period.
Liquidity
and Capital Resources
The
accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement
of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the six
months ended June 30, 2023, the Company recorded a net loss of $2,265,602, used cash in operations of $981,092, and had a stockholders’
deficit of $273,935 at June 30, 2023. These factors raise substantial doubt about our ability to continue as a going concern within one
year after the date of the financial statements being issued.
The
ability to continue as a going concern is dependent upon our ability to raise additional funds and implement our business plan. As a
result, management has concluded that there is substantial doubt about our ability to continue as a going concern. Our independent registered
public accounting firm, in its report on the Company’s consolidated financial statements for the year ended December 31, 2022,
has also expressed substantial doubt about our ability to continue as a going concern. The financial statements do not include any adjustments
that might be necessary if we are unable to continue as a going concern.
At
June 30, 2023, we had cash on hand in the amount of $2,134,182. Our continuation as a going concern is dependent upon its ability to
obtain necessary debt or equity financing to continue operations until it begins generating positive cash flow. No assurance can be given
that any future financing will be available or, if available, that it will be on terms that are satisfactory to us. Even if we are able
to obtain additional financing, it may contain undue restrictions on our operations, in the case of debt financing or cause substantial
dilution for our stockholders, in case or equity financing.
The
Company’s consolidated statements of cash flows as discussed herein are presented below.
| |
Six Months Ended June 30, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
Net cash used in operating activities | |
$ | (981,092 | ) | |
$ | (35,910 | ) |
Net cash provided by investing activities | |
| - | | |
| 12,805 | |
Net cash provided by financing activities | |
| 1,992,316 | | |
| 250,000 | |
Net increase in cash | |
$ | 1,011,224 | | |
$ | 226,985 | |
Operating
Activities
Cash
provided by or used in operating activities primarily consists of net loss adjusted for certain non-cash items, including amortization
of intangible assets, impairment of intangible assets, gain on forgiveness of government assistance notes payable, and the fair value
of common stock issued for directors, employees, and service providers, and the effect of changes in working capital and other activities.
Cash
used in operating activities for the six months ended June 30, 2023 was approximately $981,092 and consisted of a net loss of $2,265,602,
adjustments for non-cash stock based compensation, which totaled $1,265,685, and $18,822 in changes in working capital and other activities.
Cash
used in operating activities for the six months ended June 30, 2022 was approximately $35,910 and consisted of a net income of approximately
$78,491, adjustments for non-cash items, including amortization of intangible assets, gain on legal settlement, gain on forgiveness of
government assistance notes payable, fair value of vested stock options, and the fair value of common stock and issued for directors,
employees, and service providers, which in the aggregate total $478,098, and $363,697 in changes in working capital and other activities.
Investing
Activities
The
Company had no investing activities for the six months ended June 30, 2023. Cash provided by investing activities for the six months
ended June 30, 2022 was $12,805 and was cash received on the acquisition of GameIQ.
Financing
Activities
Cash
provided by financing activities for the six months ended June 30, 2023 was $1,992,316, which was from proceeds of $2,005,000 from the
sale of common stock, offset by $12,684 of principal payments on our acquisition notes payable.
For
the six months ended June 30, 2022, cash provided by financing activities was $250,000, which was from the sale of common stock.
Convertible
debt assumed upon reverse merger consists of the following at June 30, 2023 and December 31, 2022:
| |
June 30, 2023 | | |
December 31, 2022 | |
| |
| | |
| |
Total principal balance | |
$ | 20,000 | | |
$ | 20,000 | |
Accrued interest | |
| 18,637 | | |
| 17,137 | |
Total principal and accrued interest | |
$ | 38,637 | | |
$ | 37,137 | |
On
November 5, 2018, the Company completed a merger agreement dated October 23, 2018 with Incumaker, Inc., whereby all of the shareholders
of the Company exchanged their shares of common stock in exchange for shares of Incumaker, Inc. common stock. The merger was treated
as a reverse merger and recapitalization of the Company for financial accounting purposes. In conjunction with the merger agreement with
Incumaker, Inc., the Company assumed certain outstanding convertible notes payable. The notes payable had interest rates ranging from
8% to 22% per annum. At June 30, 2023 and December 31, 2022, the remaining convertible debt assumed in the transaction had a principal
balance outstanding of $20,000, and accrued interest payable of $18,637 and $17,137, respectively. As of June 30, 2023, convertible debt
assumed in the transaction, including accrued interest payable, was convertible at $1.50 per share into 25,758 shares of the Company’s
common stock.
Convertible
Debt Assumed Upon Reverse Merger - Past Due
Convertible
debt assumed upon reverse merger consists of the following at June 30, 2023 and December 31, 2022:
| |
June 30, 2023 | | |
December 31, 2022 | |
| |
| | |
| |
Total principal balance | |
$ | 20,000 | | |
$ | 20,000 | |
Accrued interest | |
| 18,637 | | |
| 17,137 | |
Total principal and accrued interest | |
$ | 38,637 | | |
$ | 37,137 | |
In 2018, the Company merged with Incumaker, Inc. The
merger was treated as a reverse merger and recapitalization of the Company for financial accounting purposes. In conjunction with the
merger with Incumaker, Inc., the Company assumed certain outstanding convertible notes payable. At June 30, 2023 and December 31, 2022,
the remaining convertible debt assumed in the transaction had a principal balance outstanding of $20,000, was due July 2017, interest
at 15% per annum, and accrued interest payable of $18,637 and $17,137, respectively. As of June 30, 2023, the convertible debt, including
accrued interest payable, was convertible at $1.50 per share into 25,758 shares of the Company’s common stock.
Acquisition
Notes Payable
On February 1, 2022, two notes payable for the purchase
of GameIQ was issued, one for $78,813. and another for $62,101. RDE, Inc. promises to pay to the order of the holders the principal amounts
together with annual interest of 1%, which shall be paid upon the earlier of (i) nine (9) equal biannual installments with the first installment
due on the nine-month anniversary of February 1, 2022, and the final payment due February 1, 2025. In the event of default, the notes
to the Holders are secured, in the manner that such payment to be made in cash or shares of the RDE, Inc.’s common stock at the
election of the holders. These Notes may be prepaid in whole or in part by RDE, Inc.
As
of December 31, 2022, the notes payable had an aggregate principal balance outstanding of $127,788 and accrued interest payable of $688.
During the six months ended June 30, 2023, the Company made principal payments of $12,674. As of June 30, 2023, the notes payable had
an aggregate principal balance outstanding of $115,104 and accrued interest payable of $638.
Government
Assistance Notes Payable-SBA Loans
Government
Assistance Notes Payable consists of the following at June 30, 2023, and December 31, 2022:
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
Economic Injury/Disaster Loans | |
$ | 661,035 | | |
$ | 661,035 | |
Accrued interest | |
| 38,098 | | |
| 45,541 | |
Total principal and accrued interest | |
| 699,133 | | |
| 706,576 | |
Less current portion | |
| (39,876 | ) | |
| (15,217 | ) |
Non-current portion | |
$ | 659,257 | | |
$ | 691,359 | |
Economic
Injury Disaster Loans (EIDL):
In 2020 and 2021, the Company received an aggregate
of $650,000 of proceeds applicable to two loans administered by the Small Business Administration (“SBA”) as disaster loan
assistance under the Covid-19 Economic Injury Disaster Loan (EIDL) Program. On January 31, 2022, the Company assumed an additional $14,500
EIDL, and accrued interest of $900, as part of the consideration paid for the acquisition of GameIQ.
The loans bear interest at 3.75% per annum, with a
combined repayment of principal and interest of $3,500 per month over a period of 30 years. As of June 30, 2023 and December 31, 2022,
the note payable had a principal balance outstanding of $661,035 and $661,035 and accrued interest payable of $38,098 and $45,541 respectively.
Off-Balance
Sheet Arrangements
None.
Critical
Accounting Policies and Estimates
The
preparation of the Company’s financial statements in conformity with generally accepted accounting principles in the United States
(“U.S. GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities
at the date of the financial statements and the reported amounts of expenses during the reporting period. Some of those judgments can
be subjective and complex, and therefore, actual results could differ materially from those estimates under different assumptions or
conditions. Management bases its estimates on historical experience and on various assumptions that are believed to be reasonable in
relation to the financial statements taken as a whole under the circumstances, the results of which form the basis for making judgments
about the carrying values of assets and liabilities that are not readily apparent from other sources. Management regularly evaluates
the key factors and assumptions used to develop the estimates utilizing currently available information, changes in facts and circumstances,
historical experience and reasonable assumptions. After such evaluations, if deemed appropriate, those estimates are adjusted accordingly.
Actual results could differ from those estimates. Significant estimates include those related to assumptions used in estimates for reserves
of uncollectible accounts, , depreciable lives of property and equipment, analysis of impairments of recorded long-term tangible and
intangible assets, realization of deferred tax assets, accruals for potential liabilities and assumptions made in valuing stock instruments
issued for services. There were no changes to our critical accounting policies described in the consolidated financial statements included
in our Annual Report on Form 10-K for the fiscal year ended December 31, 2022, that impacted our condensed consolidated financial statements
and related notes included herein.
Recently
Issued Accounting Pronouncements
See
Note 2 of the Notes to Condensed Financial Statements for a discussion of recent accounting pronouncements.
Item
3. Quantitative and Qualitative Disclosures About Market Risk.
A
smaller reporting company is not required to provide the information required by this Item.
Item
4. Controls and Procedures.
Evaluation
of Disclosure control and Procedures
We
carried out an evaluation, under the supervision and with the participation of our management, including our principal executive officer
and principal financial officer, of the effectiveness of our disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e)
and 15d-15(e)). Based upon that evaluation, our principal executive officer and principal financial officer concluded that, as of June
30, 2023, the period covered in this Report, our disclosure controls and procedures were not effective to ensure that information required
to be disclosed in reports filed under the Securities Exchange Act of 1934, as amended, is recorded, processed, summarized and reported
within the required time periods and is accumulated and communicated to our management, including our principal executive officer and
principal financial officer, as appropriate to allow timely decisions regarding required disclosure.
Changes
in Internal Control Over Financial Reporting
There
were no changes in the Company’s internal control over financial reporting during the quarter ended June 30, 2023, that have materially
affected, or are reasonably likely to materially affect, the Company’s internal control over financial reporting.
Inherent
Limitations on the Effectiveness of Controls
Management
does not expect that our disclosure controls and procedures or our internal control over financial reporting will prevent or detect all
errors and all fraud. A control system, no matter how well conceived and operated, can provide only reasonable, not absolute, assurance
that the objectives of the control systems are met. Further, the design of a control system must reflect the fact that there are resource
constraints, and the benefits of controls must be considered relative to their costs. Because of the inherent limitations in a cost-effective
control system, no evaluation of internal control over financial reporting can provide absolute assurance that misstatements due to error
or fraud will not occur or that all control issues and instances of fraud, if any, have been or will be detected.
These
inherent limitations include the realities that judgments in decision-making can be faulty and that breakdowns can occur because of a
simple error or mistake. Controls can also be circumvented by the individual acts of some persons, by collusion of two or more people,
or by management override of the controls. The design of any system of controls is based in part on certain assumptions about the likelihood
of future events, and there can be no assurance that any design will succeed in achieving its stated goals under all potential future
conditions. Projections of any evaluation of controls effectiveness to future periods are subject to risks. Over time, controls may become
inadequate because of changes in conditions or deterioration in the degree of compliance with policies or procedures.
PART
II – OTHER INFORMATION
Item
1. Legal Proceedings
From
time to time the Company may be named in claims arising in the ordinary course of business. Currently, there are no such legal proceeding
that are pending against the Company or that involve the Company that, in the opinion of management, could reasonably be expected to
have a material adverse effect on the Company’s business or financial condition.
Item
1A. Risk Factors
We
are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information
under this item.
Item
2. Unregistered Sales of Equity Securities and Use of Proceeds
None.
Item
3. Defaults Upon Senior Securities
None.
Item
4. Mine Safety Disclosures
Not
applicable.
Item
5. Other Information
None.
Item
6. Exhibits
The
following exhibits are filed herewith as a part of this report.
Exhibit
Number |
|
Description |
|
|
|
3.1 |
|
Certificate of Incorporation of Incumaker, Inc. (1) |
|
|
|
3.2 |
|
Certificate of Amendment to Certificate of Incorporation (1) |
|
|
|
3.3 |
|
Second and Restated Bylaws (1) |
|
|
|
6.1 |
|
Executive Employment Agreement dated March 29, 2019 between RDE, Inc. (f/k/a Incumaker, Inc.) and Ketan Thakker (1) |
|
|
|
10.1 |
|
Asset Purchase Agreement dated March 1, 2020 between RDE, Inc. (f/k/a uBid Holdings, Inc.) and Restaurant.com, Inc. (1) |
|
|
|
10.2 |
|
Agreement and Plan of Merger dated January 31, 2022 by and among RDE, Inc., GameIQ Acquisition Corp. and GameIQ, Inc. (2) |
|
|
|
31.1 |
|
Certification by the Principal Executive Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a) |
|
|
|
31.2 |
|
Certification by the Principal Financial Officer of Registrant pursuant to Section 302 of the Sarbanes-Oxley Act of 2002 (Rule 13a-14(a) or Rule 15d-14(a) |
|
|
|
32.1** |
|
Section 1350 Certification of Chief Executive Officer |
|
|
|
32.2** |
|
Section 1350 Certification of Chief Financial Officer |
|
|
|
101.INS* |
|
Inline
XBRL Instance Document |
|
|
|
101.SCH* |
|
Inline
XBRL Taxonomy Extension Schema Document |
|
|
|
101.CAL* |
|
Inline
XBRL Taxonomy Extension Calculation Linkbase Document |
|
|
|
101.DEF* |
|
Inline
XBRL Taxonomy Extension Definition Linkbase Document |
|
|
|
101.LAB* |
|
Inline
XBRL Taxonomy Extension Label Linkbase Document |
|
|
|
101.PRE* |
|
Inline
XBRL Taxonomy Extension Presentation Linkbase Document |
|
|
|
104 |
|
Cover
Page Interactive Data File (embedded within the Inline XBRL document) |
(1) |
Previously
filed as an Exhibit to the Company’s Form 1-A filed with the Commission on November 17, 2020. |
|
|
(2) |
Previously
filed as an Exhibit to the Company’s Form 8-K filed with the Commission on February 2, 2022. |
|
* |
Filed
herewith |
|
** |
The
certifications furnished in Exhibits 32.1 and 32.2 hereto are deemed to accompany this Quarterly Report on Form 10-Q and are not
deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liability of that section,
nor shall they be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, irrespective of
any general incorporation language contained in such filing. |
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
|
|
RDE,
INC. |
|
|
|
|
Date:
|
August
21, 2023 |
By:
|
/s/
Ketan Thakker |
|
|
|
Ketan
Thakker |
|
|
|
President,
Chief Executive Officer and Principal Financial Officer |
Exhibit 31.1
Certification of Chief Executive Officer
Pursuant to Rule 13a-14(a) under the Securities
Exchange Act of 1934
I, Ketan Thakker, certify that:
1. |
I have reviewed this Quarterly Report on Form 10-Q of RDE, INC. |
|
|
2. |
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report. |
|
|
3. |
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; |
|
|
4. |
The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: |
|
a) |
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
|
|
|
|
b) |
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
|
|
|
|
c) |
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
|
|
|
|
d) |
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
5. |
The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
|
a) |
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and |
|
|
|
|
b) |
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
Date: |
August
21, 2023 |
/s/ Ketan Thakker |
|
|
Ketan Thakker |
|
|
Chief Executive Officer
(Principal Executive Officer) |
Exhibit 31.2
Certification of Chief Financial Officer
Pursuant to Rule 13a-14(a) under the Securities
Exchange Act of 1934
I, Ketan Thakker, certify that:
1. |
I have reviewed this Quarterly Report on Form 10-Q of RDE, Inc. |
|
|
2. |
Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; |
|
|
3. |
Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report; |
|
|
4. |
The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: |
|
a) |
Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; |
|
|
|
|
b) |
Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; |
|
|
|
|
c) |
Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and |
|
|
|
|
d) |
Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and |
5. |
The registrant’s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions): |
|
a) |
All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and |
|
|
|
|
b) |
Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting. |
Date: |
August
21, 2023 |
/s/ Ketan Thakker |
|
|
Ketan Thakker |
|
|
Principal Financial and Accounting Officer |
Exhibit 32.1
Certification of Chief Executive Officer
Pursuant to Section 1350 of Chapter 63 of Title
18 of the United States Code
Pursuant to U.S.C. Section 1350,
as created by Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned Chief Executive Officer of RDE, Inc. (the “Company”)
does hereby certify, to the best of such officer’s knowledge, that:
|
1. |
The Quarterly Report on Form 10-Q of the Company for the quarterly period ended June 30, 2023 (the “Report”) fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, of the Securities Exchange Act of 1934, as amended; and |
|
|
|
|
2. |
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. |
Dated: |
August
21, 2023 |
/s/ Ketan Thakker |
|
|
Ketan Thakker |
|
|
President and Chief Executive Officer
(Principal Executive Officer) |
The certifications set forth
above are being furnished as an exhibit solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not be deemed to be
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended.
A signed original of this written
statement required by Section 906, or other document authenticating, acknowledging or otherwise adopting the signature that appears in
typed form within the electronic version of this written statement required by Section 906, has been provided to RDE, Inc. and will be
retained by RDE, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.
Exhibit 32.2
Certification of Chief Financial Officer
Pursuant to Section 1350 of Chapter 63 of Title
18 of the United States Code
Pursuant to U.S.C. Section 1350,
as created by Section 906 of the Sarbanes-Oxley Act of 2002, the undersigned Principal Financial Officer of RDE, Inc. (the “Company”)
does hereby certify, to the best of such officer’s knowledge, that:
|
1. |
The Quarterly Report on Form 10-Q of the Company for the quarterly period ended June 30, 2023 (the “Report”) fully complies with the requirements of Section 13(a) or Section 15(d), as applicable, of the Securities Exchange Act of 1934, as amended; and |
|
|
|
|
2. |
The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company. |
Dated: |
August
21, 2023 |
/s/ Ketan Thakker |
|
|
Ketan Thakker |
|
|
Chief Financial Officer
(Principal Financial and Accounting Officer) |
The certifications set forth
above are being furnished as an exhibit solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not be deemed to be
“filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall they be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended.
A signed original of this written
statement required by Section 906, or other document authenticating, acknowledging or otherwise adopting the signature that appears in
typed form within the electronic version of this written statement required by Section 906, has been provided to RDE, Inc. and will be
retained by RDE, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.
v3.23.2
Cover - shares
|
6 Months Ended |
|
Jun. 30, 2023 |
Aug. 07, 2023 |
Cover [Abstract] |
|
|
Document Type |
10-Q
|
|
Amendment Flag |
false
|
|
Document Quarterly Report |
true
|
|
Document Transition Report |
false
|
|
Document Period End Date |
Jun. 30, 2023
|
|
Document Fiscal Period Focus |
Q2
|
|
Document Fiscal Year Focus |
2023
|
|
Current Fiscal Year End Date |
--12-31
|
|
Entity File Number |
000-56417
|
|
Entity Registrant Name |
RDE,
INC.
|
|
Entity Central Index Key |
0001760233
|
|
Entity Tax Identification Number |
45-2482974
|
|
Entity Incorporation, State or Country Code |
DE
|
|
Entity Address, Address Line One |
1100
Woodfield Road
|
|
Entity Address, Address Line Two |
Suite 510
|
|
Entity Address, City or Town |
Schaumburg
|
|
Entity Address, State or Province |
IL
|
|
Entity Address, Postal Zip Code |
60173
|
|
City Area Code |
(847)
|
|
Local Phone Number |
506-9680
|
|
Title of 12(b) Security |
Common
Stock, par value $.001
|
|
Trading Symbol |
RSTN
|
|
Entity Current Reporting Status |
Yes
|
|
Entity Interactive Data Current |
Yes
|
|
Entity Filer Category |
Non-accelerated Filer
|
|
Entity Small Business |
true
|
|
Entity Emerging Growth Company |
true
|
|
Elected Not To Use the Extended Transition Period |
false
|
|
Entity Shell Company |
false
|
|
Entity Common Stock, Shares Outstanding |
|
16,506,404
|
X |
- DefinitionBoolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
+ Details
Name: |
dei_AmendmentFlag |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionEnd date of current fiscal year in the format --MM-DD.
+ References
+ Details
Name: |
dei_CurrentFiscalYearEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:gMonthDayItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.
+ References
+ Details
Name: |
dei_DocumentFiscalPeriodFocus |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fiscalPeriodItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThis is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.
+ References
+ Details
Name: |
dei_DocumentFiscalYearFocus |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:gYearItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFor the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
+ Details
Name: |
dei_DocumentPeriodEndDate |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true only for a form used as an quarterly report.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Form 10-Q -Number 240 -Section 308 -Subsection a
+ Details
Name: |
dei_DocumentQuarterlyReport |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true only for a form used as a transition report.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Forms 10-K, 10-Q, 20-F -Number 240 -Section 13 -Subsection a-1
+ Details
Name: |
dei_DocumentTransitionReport |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
+ Details
Name: |
dei_DocumentType |
Namespace Prefix: |
dei_ |
Data Type: |
dei:submissionTypeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 1 such as Attn, Building Name, Street Name
+ References
+ Details
Name: |
dei_EntityAddressAddressLine1 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAddress Line 2 such as Street or Suite number
+ References
+ Details
Name: |
dei_EntityAddressAddressLine2 |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Definition
+ References
+ Details
Name: |
dei_EntityAddressCityOrTown |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCode for the postal or zip code
+ References
+ Details
Name: |
dei_EntityAddressPostalZipCode |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionName of the state or province.
+ References
+ Details
Name: |
dei_EntityAddressStateOrProvince |
Namespace Prefix: |
dei_ |
Data Type: |
dei:stateOrProvinceItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityCentralIndexKey |
Namespace Prefix: |
dei_ |
Data Type: |
dei:centralIndexKeyItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.
+ References
+ Details
Name: |
dei_EntityCommonStockSharesOutstanding |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionIndicate 'Yes' or 'No' whether registrants (1) have 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 registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.
+ References
+ Details
Name: |
dei_EntityCurrentReportingStatus |
Namespace Prefix: |
dei_ |
Data Type: |
dei:yesNoItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate if registrant meets the emerging growth company criteria.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityEmergingGrowthCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCommission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
+ Details
Name: |
dei_EntityFileNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:fileNumberItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityFilerCategory |
Namespace Prefix: |
dei_ |
Data Type: |
dei:filerCategoryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTwo-character EDGAR code representing the state or country of incorporation.
+ References
+ Details
Name: |
dei_EntityIncorporationStateCountryCode |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarStateCountryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when 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).
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-T -Number 232 -Section 405
+ Details
Name: |
dei_EntityInteractiveDataCurrent |
Namespace Prefix: |
dei_ |
Data Type: |
dei:yesNoItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityRegistrantName |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityShellCompany |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIndicates that the company is a Smaller Reporting Company (SRC).
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntitySmallBusiness |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b-2
+ Details
Name: |
dei_EntityTaxIdentificationNumber |
Namespace Prefix: |
dei_ |
Data Type: |
dei:employerIdItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLocal phone number for entity.
+ References
+ Details
Name: |
dei_LocalPhoneNumber |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:normalizedStringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTitle of a 12(b) registered security.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection b
+ Details
Name: |
dei_Security12bTitle |
Namespace Prefix: |
dei_ |
Data Type: |
dei:securityTitleItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTrading symbol of an instrument as listed on an exchange.
+ References
+ Details
Name: |
dei_TradingSymbol |
Namespace Prefix: |
dei_ |
Data Type: |
dei:tradingSymbolItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Condensed Consolidated Balance Sheets - USD ($)
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Current assets: |
|
|
Cash and cash equivalents |
$ 2,134,182
|
$ 1,122,958
|
Accounts receivable |
138,517
|
209,808
|
Deposits with credit card processor |
87,237
|
87,237
|
Prepaid expenses and other current assets |
165,516
|
102,193
|
Total current assets |
2,525,452
|
1,522,196
|
Operating lease right of use asset, net |
286,418
|
52,608
|
Deposits |
7,500
|
|
Total assets |
2,819,370
|
1,574,804
|
Current liabilities: |
|
|
Accounts payable |
1,315,192
|
1,206,615
|
Accrued expenses |
470,734
|
516,882
|
Deferred revenue |
139,781
|
217,311
|
Government assistance notes payable-SBA loans, current portion |
39,876
|
15,217
|
Operating lease liability, current portion |
75,621
|
59,328
|
Convertible note payable, past due, including accrued interest of $18,637 and $17,137, respectively |
38,637
|
37,137
|
Notes payable, acquisitions, current portion, including accrued interest of zero and $251,507, respectively |
34,066
|
1,798,478
|
Total current liabilities |
2,113,907
|
3,850,968
|
Notes payable, acquisitions, including accrued interest of $639 and $687, respectively |
81,676
|
81,494
|
Government assistance notes payable -SBA loans, including accrued interest of $38,098 and $45,541, respectively, net of current portion |
659,257
|
691,359
|
Operating lease liability, net of current portion |
238,465
|
|
Total liabilities |
3,093,305
|
4,623,821
|
Commitments and Contingencies |
|
|
Stockholders’ deficiency: |
|
|
Preferred stock, $0.001 par value, 10,000,000 shares authorized; none issued and outstanding |
|
|
Common stock, $0.001 par value, 750,000,000 shares authorized; 16,506,404 and 14,152,378 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively |
16,506
|
14,153
|
Additional paid-in-capital |
63,161,577
|
58,123,246
|
Common stock issuable, 383,343 shares |
383,343
|
383,343
|
Accumulated deficit |
(63,835,361)
|
(61,569,759)
|
Total stockholders’ deficiency |
(273,935)
|
(3,049,017)
|
Total liabilities and stockholders’ deficiency |
$ 2,819,370
|
$ 1,574,804
|
X |
- DefinitionAcquisition note payable, non-current.
+ References
+ Details
Name: |
RSTN_AcquisitionNotePayableNoncurrent |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionGovernment assistance notes payable current portion.
+ References
+ Details
Name: |
RSTN_GovernmentAssistanceNotesPayableCurrentPortion |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionGovernment assistance notes payable including net of current portion.
+ References
+ Details
Name: |
RSTN_GovernmentAssistanceNotesPayableIncludingNetOfCurrentPortion |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionCarrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_AccountsPayableCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount, after allowance for credit loss, of right to consideration from customer for product sold and service rendered in normal course of business, classified as current.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481990/310-10-45-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481990/310-10-45-9
+ Details
Name: |
us-gaap_AccountsReceivableNetCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionCarrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_AccruedLiabilitiesCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(18)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_AdditionalPaidInCapital |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionSum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (bb) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-25
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(12)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(8)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(18)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 13: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 14: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 20: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 23: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481404/852-10-50-7
Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 26: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(11)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_Assets |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionSum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (bb) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-25
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 6: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483467/210-10-45-1
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 11: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481404/852-10-50-7
+ Details
Name: |
us-gaap_AssetsCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- References
+ Details
Name: |
us-gaap_AssetsCurrentAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483467/210-10-45-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-4
+ Details
Name: |
us-gaap_CashAndCashEquivalentsAtCarryingValue |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionRepresents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(15)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.17) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.25) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CommitmentsAndContingencies |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(22)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CommonStockValue |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of obligation to transfer good or service to customer for which consideration has been received or is receivable, classified as current.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-8
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479837/606-10-45-2
+ Details
Name: |
us-gaap_ContractWithCustomerLiabilityCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionIncluding the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_ConvertibleDebt |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmounts receivable from issuing a card to individuals or businesses that allows someone to make a purchase on borrowed money.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)(a)(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CreditCardReceivables |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionSum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-25
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (bb) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(14)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 19: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481404/852-10-50-7
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481404/852-10-50-7
Reference 21: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 22: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19-26) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_Liabilities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(25)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(32)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_LiabilitiesAndStockholdersEquity |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionTotal obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481231/810-10-45-25
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (bb) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481203/810-10-50-3
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 7: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483467/210-10-45-5
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 19: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481404/852-10-50-7
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481404/852-10-50-7
Reference 21: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.21) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_LiabilitiesCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- References
+ Details
Name: |
us-gaap_LiabilitiesCurrentAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionSum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_NotesPayableCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionPresent value of lessee's discounted obligation for lease payments from operating lease, classified as current.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1
+ Details
Name: |
us-gaap_OperatingLeaseLiabilityCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionPresent value of lessee's discounted obligation for lease payments from operating lease, classified as noncurrent.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1
+ Details
Name: |
us-gaap_OperatingLeaseLiabilityNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of lessee's right to use underlying asset under operating lease.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1
+ Details
Name: |
us-gaap_OperatingLeaseRightOfUseAsset |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionAggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(21)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_PreferredStockValue |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of asset related to consideration paid in advance for costs that provide economic benefits in future periods, and amount of other assets that are expected to be realized or consumed within one year or the normal operating cycle, if longer.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_PrepaidExpenseAndOtherAssetsCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionAmount of accumulated undistributed earnings (deficit).
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (g)(2)(i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480016/944-40-65-2
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (h)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480016/944-40-65-2
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480990/946-20-50-11
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(23)(a)(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(17)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)(a)(3)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_RetainedEarningsAccumulatedDeficit |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2
Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(6)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 4.E) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480418/310-10-S99-2
+ Details
Name: |
us-gaap_StockholdersEquity |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- References
+ Details
Name: |
us-gaap_StockholdersEquityAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Condensed Consolidated Balance Sheets (Parenthetical) - USD ($)
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Short-Term Debt [Line Items] |
|
|
Preferred stock, par value |
$ 0.001
|
$ 0.001
|
Preferred stock, shares authorized |
10,000,000
|
10,000,000
|
Preferred stock, shares outstanding |
0
|
0
|
Preferred stock, shares issued |
0
|
0
|
Common stock, par value |
$ 0.001
|
$ 0.001
|
Common stock, shares authorized |
750,000,000
|
750,000,000
|
Common stock, shares outstanding |
16,506,404
|
14,152,378
|
Common stock, shares issued |
16,506,404
|
14,152,378
|
Common stock issuable, shares |
383,343
|
383,343
|
Convertible Debt [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Interest payable current |
$ 18,637
|
$ 17,137
|
Acquisition Note Payable [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Interest payable current |
0
|
251,507
|
Interest payable non current |
639
|
687
|
Government Assistance Note Payable [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Interest payable non current |
$ 38,098
|
$ 45,541
|
X |
- DefinitionCommon stock issuable, shares.
+ References
+ Details
Name: |
RSTN_CommonStockIssuableShares |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionInterest payable non current
+ References
+ Details
Name: |
RSTN_InterestPayableNonCurrent |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionFace amount or stated value per share of common stock.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CommonStockParOrStatedValuePerShare |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionThe maximum number of common shares permitted to be issued by an entity's charter and bylaws.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CommonStockSharesAuthorized |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionTotal number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CommonStockSharesIssued |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionNumber of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2
Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_CommonStockSharesOutstanding |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionCarrying value as of the balance sheet date of [accrued] interest payable on all forms of debt, including trade payables, that has been incurred and is unpaid. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_InterestPayableCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionFace amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_PreferredStockParOrStatedValuePerShare |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionThe maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_PreferredStockSharesAuthorized |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionTotal number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_PreferredStockSharesIssued |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionAggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(16)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_PreferredStockSharesOutstanding |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
+ Details
Name: |
us-gaap_ShortTermDebtLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_ShortTermDebtTypeAxis=us-gaap_ConvertibleDebtMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ShortTermDebtTypeAxis=RSTN_AcquisitionNotesPayableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ShortTermDebtTypeAxis=RSTN_GovernmentAssistanceNotesPayableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
|
3 Months Ended |
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Income Statement [Abstract] |
|
|
|
|
Revenues |
$ 721,488
|
$ 1,811,154
|
$ 1,533,199
|
$ 2,570,934
|
Operating expenses |
|
|
|
|
Cost of revenues |
101,389
|
497,733
|
196,266
|
598,298
|
Selling, general and administrative expenses |
2,453,615
|
1,475,455
|
3,569,634
|
2,912,050
|
Amortization of intangible assets |
|
31,044
|
|
49,524
|
Total operating expenses |
2,555,004
|
2,004,232
|
3,765,900
|
3,559,872
|
Loss from operations |
(1,833,516)
|
(193,078)
|
(2,232,701)
|
(988,938)
|
Other income (expenses) |
|
|
|
|
Interest |
(7,170)
|
(29,112)
|
(32,901)
|
(55,706)
|
Gain on legal settlement |
|
|
|
69,000
|
Gain on vendor settlement |
|
28,600
|
|
28,600
|
Gain from forgiveness of government assistance notes payable |
|
|
|
1,025,535
|
Total other income (expenses) |
(7,170)
|
(512)
|
(32,901)
|
1,067,429
|
Net income (loss) |
$ (1,840,686)
|
$ (193,590)
|
$ (2,265,602)
|
$ 78,491
|
Net earnings/(loss) per share – basic |
$ (0.12)
|
$ (0.01)
|
$ (0.15)
|
$ 0.01
|
Net earnings/(loss) per share –diluted |
$ (0.12)
|
$ (0.01)
|
$ (0.15)
|
$ 0.01
|
Weighted average common shares outstanding – basic |
15,983,909
|
14,090,269
|
15,167,932
|
13,391,965
|
Weighted average common shares outstanding – diluted |
15,983,909
|
14,090,269
|
15,167,932
|
14,321,975
|
X |
- DefinitionGain from forgiveness of government assistance note payable one.
+ References
+ Details
Name: |
RSTN_GainFromForgivenessOfGovernmentAssistanceNotePayableOne |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionGain on vendor settlement.
+ References
+ Details
Name: |
RSTN_GainOnVendorSettlement |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482686/350-30-45-2
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2
+ Details
Name: |
us-gaap_AmortizationOfIntangibleAssets |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-15
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (e)(4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-7
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-2
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-4
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-10
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1
Reference 16: http://www.xbrl.org/2003/role/exampleRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 52 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-52
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-7
+ Details
Name: |
us-gaap_EarningsPerShareBasic |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-15
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (e)(4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-7
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-2
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-4
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(25)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(27)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(23)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1
Reference 15: http://www.xbrl.org/2003/role/exampleRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 52 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482635/260-10-55-52
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-7
+ Details
Name: |
us-gaap_EarningsPerShareDiluted |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_IncomeStatementAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionRepresents the portion of interest incurred in the period on debt arrangements that was charged against earnings, excluding amortization of debt discount (premium) and financing costs.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69E -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69E
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69F -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69F
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1F -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1F
Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
+ Details
Name: |
us-gaap_InterestExpenseDebtExcludingAmortization |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482765/220-10-50-6
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-1
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-4
Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-10
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483581/946-220-45-7
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 31: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B
Reference 32: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31
Reference 33: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 34: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7
Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 36: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A
Reference 37: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B
Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1
+ Details
Name: |
us-gaap_NetIncomeLoss |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe aggregate amount of income or expense from ancillary business-related activities (that is to say, excluding major activities considered part of the normal operations of the business).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.7) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
+ Details
Name: |
us-gaap_NonoperatingIncomeExpense |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_NonoperatingIncomeExpenseAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionGenerally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.
+ References
+ Details
Name: |
us-gaap_OperatingExpenses |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_OperatingExpensesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe net result for the period of deducting operating expenses from operating revenues.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
+ Details
Name: |
us-gaap_OperatingIncomeLoss |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 924 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-4
+ Details
Name: |
us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.4) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
+ Details
Name: |
us-gaap_SellingGeneralAndAdministrativeExpense |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 16 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-16
+ Details
Name: |
us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-10
+ Details
Name: |
us-gaap_WeightedAverageNumberOfSharesOutstandingBasic |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Condensed Consolidated Statements of Changes in Stockholders' Deficiency (Unaudited) - USD ($)
|
3 Months Ended |
6 Months Ended |
12 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Dec. 31, 2022 |
Balance, December 31, 2021 |
$ (1,651,272)
|
$ (2,173,123)
|
$ (3,049,017)
|
$ (3,019,739)
|
$ (3,019,739)
|
Fair value of vested options |
145,946
|
18,495
|
163,990
|
119,496
|
|
Fair value of vested restricted stock units for directors |
110,000
|
|
$ 140,000
|
|
|
Fair value of vested restricted stock units for directors, shares |
|
|
480,000
|
|
|
Fair value of vested restricted stock units for employees |
434,027
|
|
$ 438,194
|
|
|
Issuance of common stock for services |
523,500
|
210,509
|
523,500
|
210,509
|
|
Issuance of common stock for cash |
2,005,000
|
250,000
|
2,005,000
|
250,000
|
|
Net income (loss) |
(1,840,686)
|
(193,590)
|
(2,265,602)
|
78,491
|
|
Balance |
(273,935)
|
(1,817,372)
|
(273,935)
|
(1,817,372)
|
(3,049,017)
|
Issuance of common stock on conversion of acquisition note |
|
|
1,770,000
|
|
|
Fair value of vested restricted stock units |
|
33,937
|
|
45,554
|
|
Issuance of common stock for vendor balance |
|
36,400
|
|
36,400
|
|
Issuance of common stock to employees |
|
|
|
161,917
|
|
Issuance of common stock for GameIQ acquisition |
|
|
|
300,000
|
|
Common Stock [Member] |
|
|
|
|
|
Balance, December 31, 2021 |
$ 14,707
|
$ 13,803
|
$ 14,153
|
$ 12,880
|
$ 12,880
|
Balance, shares |
14,707,237
|
13,803,261
|
14,152,378
|
12,879,428
|
12,879,428
|
Fair value of vested options |
|
|
|
|
|
Fair value of vested restricted stock units for directors |
$ 480
|
|
$ 480
|
|
|
Fair value of vested restricted stock units for directors, shares |
480,000
|
|
480,000
|
|
|
Fair value of vested restricted stock units for employees |
$ 166
|
|
$ 166
|
|
|
Fair value of vested restricted stock units for employees, shares |
166,667
|
|
166,667
|
|
|
Issuance of common stock for services |
$ 150
|
$ 190
|
$ 150
|
$ 190
|
|
Issuance of common stock for services, shares |
150,000
|
189,784
|
150,000
|
189,784
|
|
Issuance of common stock for cash |
$ 1,003
|
$ 100
|
$ 1,003
|
$ 100
|
|
Issuance of common stock for cash, shares |
1,002,500
|
100,000
|
1,002,500
|
100,000
|
|
Net income (loss) |
|
|
|
|
|
Balance |
$ 16,506
|
$ 14,119
|
$ 16,506
|
$ 14,119
|
$ 14,153
|
Balance, shares |
16,506,404
|
14,119,045
|
16,506,404
|
14,119,045
|
14,152,378
|
Issuance of common stock on conversion of acquisition note |
|
|
$ 554
|
|
|
Issuance of common stock on conversion of acquisition note, shares |
|
|
554,859
|
|
|
Fair value of vested restricted stock units |
|
|
|
|
|
Fair value of vested restricted stock units , shares |
|
|
|
83,833
|
|
Issuance of common stock for vendor balance |
|
$ 26
|
|
$ 26
|
|
Issuance of common stock for vendor balance, shares |
|
26,000
|
|
26,000
|
|
Issuance of common stock to employees |
|
|
|
$ 323
|
|
Issuance of common stock to employees, shares |
|
|
66,667
|
240,000
|
|
Issuance of common stock for GameIQ acquisition |
|
|
|
$ 600
|
|
Issuance of common stock for gameIQ acquisition, shares |
|
|
|
600,000
|
|
Common Stock Issuable [Member] |
|
|
|
|
|
Balance, December 31, 2021 |
$ 383,343
|
$ 383,343
|
$ 383,343
|
$ 383,343
|
$ 383,343
|
Balance, shares |
383,343
|
383,343
|
383,343
|
383,343
|
383,343
|
Fair value of vested options |
|
|
|
|
|
Fair value of vested restricted stock units for directors |
|
|
|
|
|
Fair value of vested restricted stock units for employees |
|
|
|
|
|
Issuance of common stock for services |
|
|
|
|
|
Issuance of common stock for cash |
|
|
|
|
|
Net income (loss) |
|
|
|
|
|
Balance |
$ 383,343
|
$ 383,343
|
$ 383,343
|
$ 383,343
|
$ 383,343
|
Balance, shares |
383,343
|
383,343
|
383,343
|
383,343
|
383,343
|
Issuance of common stock on conversion of acquisition note |
|
|
|
|
|
Fair value of vested restricted stock units |
|
|
|
|
|
Issuance of common stock for vendor balance |
|
|
|
|
|
Issuance of common stock to employees |
|
|
|
|
|
Issuance of common stock for GameIQ acquisition |
|
|
|
|
|
Additional Paid-in Capital [Member] |
|
|
|
|
|
Balance, December 31, 2021 |
$ 59,945,353
|
57,448,885
|
58,123,246
|
56,875,273
|
$ 56,875,273
|
Fair value of vested options |
145,496
|
18,495
|
163,990
|
119,496
|
|
Fair value of vested restricted stock units for directors |
109,520
|
|
139,520
|
|
|
Fair value of vested restricted stock units for employees |
433,861
|
|
438,028
|
|
|
Issuance of common stock for services |
523,350
|
210,319
|
523,350
|
210,319
|
|
Issuance of common stock for cash |
2,003,997
|
249,900
|
2,003,997
|
249,900
|
|
Net income (loss) |
|
|
|
|
|
Balance |
63,161,577
|
57,997,910
|
63,161,577
|
57,997,910
|
58,123,246
|
Issuance of common stock on conversion of acquisition note |
|
|
1,769,446
|
|
|
Fair value of vested restricted stock units |
|
33,937
|
|
45,554
|
|
Issuance of common stock for vendor balance |
|
36,374
|
|
36,374
|
|
Issuance of common stock to employees |
|
|
|
161,594
|
|
Issuance of common stock for GameIQ acquisition |
|
|
|
299,400
|
|
Retained Earnings [Member] |
|
|
|
|
|
Balance, December 31, 2021 |
(61,994,675)
|
(60,019,154)
|
(61,569,759)
|
(60,291,235)
|
(60,291,235)
|
Net income (loss) |
(1,840,686)
|
(193,590)
|
(2,265,602)
|
78,491
|
|
Balance |
$ (63,835,361)
|
$ (60,212,744)
|
$ (63,835,361)
|
$ (60,212,744)
|
$ (61,569,759)
|
X |
- DefinitionFair value of restricted stock.
+ References
+ Details
Name: |
RSTN_SharebasedCompensationArrangementBySharebasedPaymentAwardOtherThanOptionsVestedInPeriodFairValue1 |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares cash.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesCash |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares fair value of vested restricted stock units
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesFairValueOfVestedRestrictedStockUnits |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares fair value of vested restricted stock units for directors.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesFairValueOfVestedRestrictedStockUnitsForDirectors |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares fair value of vested restricted stock units for employees
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesFairValueOfVestedRestrictedStockUnitsForEmployees |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares issued for issuance of common stock for gameiq acquisition.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesIssuedForIssuanceOfCommonStockForGameiqAcquisition |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares issued for issuance of common stock for vendor balance.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesIssuedForIssuanceOfCommonStockForVendorBalance |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period value cash.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodValueCash |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period value fair value of vested restricted stock units
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodValueFairValueOfVestedRestrictedStockUnits |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionFair value of vested restricted stock units for directors.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodValueFairValueOfVestedRestrictedStockUnitsForDirectors |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period value issued for issuance of common stock for gameiq acquisition.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodValueIssuedForIssuanceOfCommonStockForGameiqAcquisition |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionStock Issued During Period Value Issued For Issuance Of Common Stock For Vendor Balance
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodValueIssuedForIssuanceOfCommonStockForVendorBalance |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount of increase to additional paid-in capital (APIC) for recognition of cost for option under share-based payment arrangement.
+ References
+ Details
Name: |
us-gaap_AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482765/220-10-50-6
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-1
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-4
Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-10
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483581/946-220-45-7
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 31: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B
Reference 32: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31
Reference 33: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 34: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7
Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 36: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A
Reference 37: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B
Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1
+ Details
Name: |
us-gaap_NetIncomeLoss |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionNumber of shares issued which are neither cancelled nor held in the treasury.
+ References
+ Details
Name: |
us-gaap_SharesOutstanding |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionNumber of shares of stock issued during the period pursuant to acquisitions.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesAcquisitions |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesIssuedForServices |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of shares of stock issued attributable to transactions classified as other.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesOther |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionValue of stock issued pursuant to acquisitions during the period.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodValueAcquisitions |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionValue of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodValueIssuedForServices |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionValue of shares of stock issued attributable to transactions classified as other.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodValueOther |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2
Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(6)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 4.E) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480418/310-10-S99-2
+ Details
Name: |
us-gaap_StockholdersEquity |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- Details
Name: |
us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementEquityComponentsAxis=RSTN_CommonStockIssuableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementEquityComponentsAxis=us-gaap_AdditionalPaidInCapitalMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementEquityComponentsAxis=us-gaap_RetainedEarningsMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
|
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
CASH FLOWS FROM OPERATING ACTIVITIES |
|
|
Net income (loss) |
$ (2,265,602)
|
$ 78,491
|
Adjustments to reconcile net income (loss) to net cash used in operating activities |
|
|
Amortization of intangible assets |
|
49,524
|
Fair value of vested stock options |
163,990
|
119,496
|
Fair value of vested restricted stock for directors |
140,000
|
45,554
|
Fair value of vested restricted stock for employees |
438,195
|
161,917
|
Fair value of common stock issued for services |
523,500
|
210,509
|
Gain on vendor settlement |
|
(28,600)
|
Gain on legal settlement |
|
(69,000)
|
Gain on forgiveness of government assistance note payable |
|
(1,025,535)
|
Changes in operating assets and liabilities: |
|
|
Accounts receivable |
71,291
|
72,634
|
Prepaid expenses and other current assets |
(63,323)
|
(39,697)
|
Deposits |
(7,500)
|
|
Decrease in operating lease right of use assets |
59,988
|
58,037
|
Accounts payable |
108,575
|
274,910
|
Accrued expenses |
(46,148)
|
88,682
|
Deferred revenue |
(77,530)
|
(31,937)
|
Accrued interest payable |
12,512
|
55,706
|
Operating lease liability |
(39,040)
|
(56,601)
|
Net cash used in operating activities |
(981,092)
|
(35,910)
|
CASH FLOWS FROM INVESTING ACTIVITIES |
|
|
Cash acquired on GameIQ acquisition |
|
12,805
|
Net cash provided by investing activities |
|
12,805
|
CASH FLOWS FROM FINANCING ACTIVITIES |
|
|
Proceeds from issuance of common stock for cash |
2,005,000
|
250,000
|
Repayment of acquisition obligation |
(12,684)
|
|
Net cash provided by financing activities |
1,992,316
|
250,000
|
Net increase in cash and cash equivalents |
1,011,224
|
226,895
|
Cash and cash equivalents beginning of period |
1,122,958
|
1,930,325
|
Cash and cash equivalents end of period |
2,134,182
|
2,157,220
|
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION |
|
|
Interest paid |
|
|
Taxes paid |
|
|
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES: |
|
|
Common stock issued on conversion of acquisition note principal and interest |
1,770,000
|
|
Operating lease right of use asset and related lease liability |
293,798
|
|
Goodwill and intangible assets acquired from acquisition of GameIQ |
|
443,509
|
Fair value of common shares issued on acquisition of GameIQ |
|
300,000
|
Notes payable issued from acquisition of GameIQ |
|
140,914
|
Government assistance notes payable and accrued interest assumed on acquisition of GameIQ |
|
15,400
|
Fair value of common shares issued in settlement of vendor payable |
|
$ 36,400
|
X |
- DefinitionCommon stock issued on conversion of acquisition note principal and interest.
+ References
+ Details
Name: |
RSTN_CommonStockIssuedOnConversionOfAcquisitionNotePrincipalAndInterest |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionFair value of common shares issued in settlement of vendor payable.
+ References
+ Details
Name: |
RSTN_FairValueOfCommonSharesIssuedInSettlementOfVendorPayable |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionFair value of common shares issued on acquisition of gameiq.
+ References
+ Details
Name: |
RSTN_FairValueOfCommonSharesIssuedOnAcquisitionOfGameiq |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionFair value of vested options
+ References
+ Details
Name: |
RSTN_FairValueOfVestedOptions |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionFair value of vested restricted stock units to directors
+ References
+ Details
Name: |
RSTN_FairValueOfVestedRestrictedStockUnitsToDirectors |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionFair value of vested restricted stock units to employees
+ References
+ Details
Name: |
RSTN_FairValueOfVestedRestrictedStockUnitsToEmployees |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionGain from forgiveness of government assistance note payable.
+ References
+ Details
Name: |
RSTN_GainFromForgivenessOfGovernmentAssistanceNotePayable |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionGain from vendor settlement.
+ References
+ Details
Name: |
RSTN_GainFromVendorSettlement |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionGoodwill and intangible assets acquired from acquisition of gameiq.
+ References
+ Details
Name: |
RSTN_GoodwillAndIntangibleAssetsAcquiredFromAcquisitionOfGameiq |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionGovernment assistance notes payable and accrued interest assumed on acquisition of gameiq
+ References
+ Details
Name: |
RSTN_GovernmentAssistanceNotesPayableAndAccruedInterestAssumedOnAcquisitionOfGameiq |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionIncrease decrease in operating lease right of use assets.
+ References
+ Details
Name: |
RSTN_IncreaseDecreaseInOperatingLeaseRightOfUseAssets |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionNotes payable issued from acquisition of gameiq
+ References
+ Details
Name: |
RSTN_NotesPayableIssuedFromAcquisitionOfGameiq |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482686/350-30-45-2
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482665/350-30-50-2
+ Details
Name: |
us-gaap_AmortizationOfIntangibleAssets |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe cash inflow associated with the acquisition of business during the period (for example, cash that was held by the acquired business).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-12
+ Details
Name: |
us-gaap_CashAcquiredFromAcquisition |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-8
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-24
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-4
+ Details
Name: |
us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionAmount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-24
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 1 -SubTopic 230 -Topic 830 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481877/830-230-45-1
+ Details
Name: |
us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe increase (decrease) during the reporting period in the aggregate amount of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInAccountsPayable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe increase (decrease) during the reporting period in amount due within one year (or one business cycle) from customers for the credit sale of goods and services.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInAccountsReceivable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInAccruedLiabilities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount of increase (decrease) in obligation to transfer good or service to customer for which consideration has been received or is receivable.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 912 -SubTopic 310 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482312/912-310-45-11
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInContractWithCustomerLiability |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe increase (decrease) during the reporting period in moneys or securities given as security including, but not limited to, contract, escrow, or earnest money deposits, retainage (if applicable), deposits with clearing organizations and others, collateral, or margin deposits.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInDepositOtherAssets |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe increase (decrease) during the reporting period in interest payable, which represents the amount owed to note holders, bond holders, and other parties for interest earned on loans or credit extended to the reporting entity.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInInterestPayableNet |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_IncreaseDecreaseInOperatingCapitalAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of increase (decrease) in obligation for operating lease.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (g)(1) -SubTopic 20 -Topic 842 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4
+ Details
Name: |
us-gaap_IncreaseDecreaseInOperatingLeaseLiability |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount of increase (decrease) in prepaid expenses, and assets classified as other.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount of cash paid for interest, excluding capitalized interest, classified as operating activity. Includes, but is not limited to, payment to settle zero-coupon bond for accreted interest of debt discount and debt instrument with insignificant coupon interest rate in relation to effective interest rate of borrowing attributable to accreted interest of debt discount.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 17 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-17
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-25
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-2
+ Details
Name: |
us-gaap_InterestPaidNet |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionFair value of share-based compensation granted to nonemployees as payment for services rendered or acknowledged claims.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (b) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_IssuanceOfStockAndWarrantsForServicesOrClaims |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-24
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInFinancingActivities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-24
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInInvestingActivities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-24
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-25
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInOperatingActivities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482765/220-10-50-6
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-1
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-4
Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-10
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483581/946-220-45-7
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 31: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B
Reference 32: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31
Reference 33: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 34: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7
Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 36: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A
Reference 37: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B
Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1
+ Details
Name: |
us-gaap_NetIncomeLoss |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_NoncashInvestingAndFinancingItemsAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of cash outflow, not made soon after acquisition date of business combination, to settle contingent consideration liability up to amount recognized at acquisition date, including, but not limited to, measurement period adjustment and less amount paid soon after acquisition date.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 15 -Subparagraph (f) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15
+ Details
Name: |
us-gaap_PaymentForContingentConsiderationLiabilityFinancingActivities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe cash inflow from the additional capital contribution to the entity.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 14 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-14
+ Details
Name: |
us-gaap_ProceedsFromIssuanceOfCommonStock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
v3.23.2
Basis of Presentation
|
6 Months Ended |
Jun. 30, 2023 |
Accounting Policies [Abstract] |
|
Basis of Presentation |
1.
Basis of Presentation
The
accompanying interim condensed consolidated financial statements of RDE, Inc. (the “Company”, “we”, “us”,
or “our”), are unaudited, but in the opinion of management contain all adjustments, including normal recurring adjustments,
necessary to present fairly our financial position at June 30, 2023 and the results of operations and cash flows for the three and six
months ended June 30, 2023 and 2022. Intercompany transactions and balances have been eliminated in consolidation.
Certain
information and footnote disclosures normally included in financial statements that have been prepared in accordance with accounting
principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted pursuant to the rules
and regulations of the Securities and Exchange Commission regarding interim financial reporting. We believe that the disclosures contained
in these condensed financial statements are adequate to make the information presented herein not misleading. For further information,
refer to the financial statements and the notes thereto included in the Company’s Annual Report on Form 10-K for the fiscal year
ended December 31, 2022, as filed with the Securities and Exchange Commission on March 7, 2023.
The
results of operations for the six months ended June 30, 2023 are not necessarily indicative of the results of operations to be expected
for the full fiscal year ending December 31, 2023.
The
accompanying consolidated financial statements are unaudited and include the accounts of the Company and its wholly-owned subsidiaries.
All intercompany transactions and balances have been eliminated in consolidation.
In
accordance with the “Segment Reporting” Topic of the Accounting Standards Codification, the Company’s chief operating
decision maker (the Company’s Chief Executive Officer) determined that the Company has only one reporting unit.
Going
Concern
The
accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement
of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, during the six
months ended June 30, 2023, the Company recorded a net loss of $2,265,602 and used cash in operations of $981,092 and had a stockholders’
deficit of $273,935 as of that date. These factors raise substantial doubt about the Company’s ability to continue as a going concern
within one year after the date of the financial statements being issued. The ability of the Company to continue as a going concern is
dependent upon the Company’s ability to raise additional funds and implement its business plan. As a result, management has concluded
that there is substantial doubt about the Company’s ability to continue as a going concern. The Company’s independent registered
public accounting firm, in its report on the Company’s consolidated financial statements for the year ended December 31, 2022,
has also expressed substantial doubt about the Company’s ability to continue as a going concern. The financial statements do not
include any adjustments that might be necessary if the Company is unable to continue as a going concern.
At
June 30, 2023, the Company had cash on hand in the amount of $2,134,182. The continuation of the Company as a going concern is dependent
upon its ability to obtain necessary debt or equity financing to continue operations until it begins generating positive cash flow. No
assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to
the Company. Even if the Company is able to obtain additional financing, it may contain undue restrictions on our operations, in the
case of debt financing or cause substantial dilution for our stockholders, in case or equity financing.
COVID-19
The
Company is closely monitoring the impact of the pandemic on all aspects of its business, including how the pandemic may continue to impact
its employees, suppliers, vendors, and business partners. While the pandemic did not materially affect
the Company’s financial results and business operations for the three and six months ended June 30, 2023, the Company is unable
to predict the impact that COVID-19 will have on its financial position and operating results in future periods due to numerous uncertainties.
The Company will continue to assess the evolving impact of the COVID-19 pandemic and will make adjustments to its operations as necessary.
|
X |
- References
+ Details
Name: |
us-gaap_AccountingPoliciesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for the business description and basis of presentation concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 235 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//235/tableOfContent
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 275 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//275/tableOfContent
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 205 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//205/tableOfContent
+ Details
Name: |
us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Significant Accounting Policies
|
6 Months Ended |
Jun. 30, 2023 |
Accounting Policies [Abstract] |
|
Significant Accounting Policies |
2.
Significant Accounting Policies
Use
of Estimates
The
preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial
statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those
estimates. Significant estimates include those related to assumptions used in accruals for potential liabilities, redemption rate of
promotional gift cards, assumptions used in valuing equity instruments issued for services, and the valuation allowance for deferred
tax assets.
Revenue
Recognition
Revenue
is recognized when, or as, control of a promised product transfers to a customer, in an amount that reflects the consideration to which
the Company expects to be entitled in exchange for transferring those products. Revenue excludes taxes that have been assessed by governmental
authorities and that are directly imposed on revenue-producing transactions between the Company and its customers, including sales and
use taxes.
The
Company operates online websites that sell discounted restaurant coupons, travel and vacation packages, and other merchandise. In addition,
the Company also generates revenues based upon the number of times a third-party website(s) or products(s) are accessed or viewed by
consumers from the Company’s website or platform.
Restaurant
Coupons revenues
Sale
of Restaurant Coupons
The
Company sells discount certificates for restaurants on behalf of third-party restaurants. Approximately 9 to 13 days each month the Company
emails its customers offers for restaurant discounts based on location and personal preferences. Consumers also access deals offered
by the Company directly through the Company’s websites and mobile applications. A typical restaurant discount deal might offer
a $25 discount that can be used toward a $50 purchase at a restaurant. The Company recognizes revenue on a gross basis upon sale and
collection of the restaurant coupons from customers. The Company has no further commitment or obligation to third-party restaurants or
the coupon purchasers upon the sale of restaurant coupons and no amounts are due to the third-party restaurants for these sales. Sale
of restaurant coupons are generally non-refundable. On an infrequent case-by-case basis, the Company will accept customer’s request
to transfer a restaurant coupon from one third-party restaurant to another (for example, upon the closure of a restaurant).
Sale
of Promotional Gift Card Revenue
The
Company sells Restaurant.com promotional gift cards which can only be redeemed for restaurant coupons offered by the Company on
its website. Based on the Company’s historical redemption rates of its promotional gift cards, a portion of the sale of gift card
revenue is recorded as deferred revenue liability at the time of sale and recognized as revenue in future periods based on historical
redemption trend rates, but no longer than 24 months from the date of sale. The Company continues to review historical promotional gift
card redemption information and considers any changes in redemption patterns to assess when revenue is realized. Future redemption rates
may be different than our historical experience and subject to inherent uncertainty. If actual redemption activity differs significantly
from our historical experience, our deferred revenue and results of operations could be materially impacted.
Travel,
Vacation and Merchandise Revenues
The
Company also derives revenue from transactions in which it sells complementary entertainment and travel offerings and consumer products
on behalf of third-party merchants across a wide range of product categories, including, but not limited to, computer products, consumer
electronics, apparel, housewares, watches, jewelry, travel, sporting goods, automobiles, home improvement products, and collectibles.
Additional deals include discounted pricing at theaters, movies or other merchants. Customers purchase restaurant deals from the Company
and redeem them with the Company’s merchant partners. Approximately 9 to 13 days each month the Company emails its customers offers
for discounted experiences and products based on location and personal preferences. Consumers also access the Company’s deals directly
through the Company’s websites and mobile applications. Those discounted experiences and products generally involve a customer’s
purchase of a voucher through one of the Company’s websites that can be redeemed with a third-party merchant for services or goods
(or for discounts on services and goods). Revenue from those transactions is reported on a net basis and equals the purchase price received
from the customer for the voucher less an agreed upon portion of the purchase price paid by the Company to its partners.
Advertising
Revenues
The
Company also has agreements with selected third-party partners, such as Google Ads, wherein third-party website(s) and/or product(s)
are shown or incorporated in the Company’s platform or website. The Company generates revenues based upon the number of times the
third-party website(s) or product(s) are accessed or viewed by consumers from the Company’s platform or website. Revenue is recognized
when its determinable, which is generally upon receipt of a statement and/or proceeds from the third-party partners.
In
the following table, revenue is disaggregated by our divisions and type of revenue for the three months ended June 30, 2023 and 2022:
Schedule
of Disaggregation of Revenue
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Three Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 165,196 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 276,981 | |
Business to business (B2B) | |
| 444,507 | | |
| - | | |
| - | | |
| 444,507 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 609,703 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 721,488 | |
| |
| | | |
| | | |
| | | |
| | |
Three Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 157,774 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 273,280 | |
Business to business (B2B) | |
| 1,524,934 | | |
| - | | |
| - | | |
| 1,524,934 | |
Other | |
| 12,940 | | |
| - | | |
| - | | |
| 12,940 | |
Total | |
$ | 1,695,648 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 1,811,154 | |
In
the following table, revenue is disaggregated by our divisions and type of revenue for the six months ended June 30, 2023 and 2022:
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Six Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 453,374 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 659,657 | |
Business to business (B2B) | |
| 873,542 | | |
| - | | |
| - | | |
| 873,542 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 1,307,916 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 1,533,199 | |
| |
| | | |
| | | |
| | | |
| | |
Six Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 355,012 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 596,077 | |
Business to business (B2B) | |
| 1,953,709 | | |
| - | | |
| - | | |
| 1,953,709 | |
Other | |
| 21,148 | | |
| - | | |
| - | | |
| 21,148 | |
Total | |
$ | 2,329,869 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 2,570,934 | |
Business Combinations
The Company accounts for its business combinations
using the acquisition method of accounting where the purchase consideration is allocated to the tangible and intangible assets acquired,
and liabilities assumed, based on their respective fair values as of the acquisition date. The excess of the fair value of the purchase
consideration over the estimated fair values of the net assets acquired is recorded as goodwill. When determining the fair values of assets
acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets.
Critical estimates in valuing intangible assets include, but are not limited to, expected future cash flows, which includes consideration
of future growth and margins, future changes in technology, brand awareness and discount rates. Fair value estimates are based on the
assumptions that management believes a market participant would use in pricing the asset or liability.
Earnings
(Loss) Per Share
Basic
earnings (loss) per share is computed using the weighted average number of common shares issued and outstanding during the period. Diluted
earnings (loss) per share is computed using the weighted average number of common shares and the dilutive effect of contingent shares
outstanding during the period. Potentially dilutive contingent shares, which primarily consist of convertible notes and stock issuable
upon the exercise of stock options and warrants, have been excluded from the calculation of diluted loss per share because their effect
is anti-dilutive.
Loss
per common share is computed by dividing net loss by the weighted average number of shares of common stock issued and outstanding during
the respective periods. Basic and diluted loss per common share was the same for all periods presented because all convertible notes
and stock issuable upon the exercise of stock options and warrants outstanding were anti-dilutive.
At
June 30, 2023 and 2022, the Company excluded the outstanding convertible debt and securities summarized below, which entitle the holders
thereof to acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.
Schedule
of Anti- dilutive Securities Excluded from Computation of Earning Loss Per Share
| |
June 30, 2023 | | |
June 30, 2022 | |
Convertible notes payable | |
| 25,758 | | |
| 23,758 | |
Common stock issuable | |
| 383,343 | | |
| - | |
Common stock warrants | |
| - | | |
| 20,667 | |
Common stock options | |
| 743,116 | | |
| 648,116 | |
Total | |
| 1,152,217 | | |
| 692,541 | |
Stock-Based
Compensation
The
Company periodically issues share-based awards to employees and non-employees and consultants for services rendered. Stock options vest
and expire according to terms established at the issuance date of each grant. Stock grants are measured at the grant date fair value.
Stock-based compensation cost is measured at fair value on the grant date and is generally recognized as a charge to operations ratably
over the requisite service, or vesting, period.
The
Company values its equity awards using the Black-Scholes option-pricing model, and accounts for forfeitures when they occur. Use of
the Black-Scholes option pricing model requires the input of subjective assumptions, including expected volatility, expected term,
dividend rate, and a risk-free interest rate. The expected volatility is based on the historical volatility of the Company’s
common stock, calculated utilizing a look-back period approximately equal to the contractual life of the stock option being granted.
The expected life of the stock option is calculated as the mid-point between the vesting period and the contractual term (the
“simplified method”). The risk-free interest rate is estimated using comparable published federal funds
rates.
Advertising
Costs
The
Company has marketing relationship agreements with various online companies such as portal networks, contextual sites, search engines
and affiliate partners. Advertising costs are generally charged to the Company monthly per vendor agreements, which typically are based
on visitors and/or registrations delivered to the site or at a set fee. Agreements do not provide for guaranteed renewal and may be terminated
by the Company without cause. Such advertising costs are charged to expense as incurred and included in selling, general and administrative
expenses in the statements of operations. During the six months ended June 30, 2023 and 2022, advertising costs were $136,261 and $247,759,
respectively.
Customer
and Vendor Concentration
As of June 30, 2023 and December 31, 2022, there were two customers and one customer who accounted for
over 10% of the Company’s consolidated accounts receivable, respectively. As of June 30, 2023 and December 31, 2022, there were
three vendors and three vendors, respectively, who accounted for over 10% of the Company’s consolidated accounts payable. During
the six months ended June 30, 2023 and 2022, there were no customers who accounted for over 10% of the Company’s consolidated net
revenue. During the six months ended June 30, 2023 and 2022, there were no vendors, respectively, who accounted for over 10% of the Company’s purchases.
Fair
Value of Financial Instruments
The
authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques
used to measure fair value into three levels and requires that assets and liabilities carried at fair value be classified and disclosed
in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair
value measurements, is also required. Fair value of a financial instrument is defined as the amount at which the instrument could be
exchanged in a current transaction between willing parties.
The
three levels of the fair value hierarchy are as follows:
Level
1 - Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability
to access.
Level
2 - Valuations based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs
that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities.
Level
3 - Valuations based on inputs that are unobservable, supported by little or no market activity and that are significant to the fair
value of the assets or liabilities.
The
carrying value of the Company’s financial instruments (consisting of cash, accounts receivables, deposits to credit card processor,
prepaid expense and other current assets, accounts payable, accrued expenses, notes payable, and other liabilities) are considered to
be representative of their respective fair values due to the short-term nature of those instruments.
Recent
Accounting Pronouncements
In
June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-13,
Credit Losses (Topic 326) – Measurement of Credit Losses on Financial Instruments (“ASC 2016-13”). ASU 2016-13 requires
entities to use a forward-looking approach based on current expected credit losses to estimate credit losses on certain types of financial
instruments, including trade receivables, which may result in the earlier recognition of allowance for losses. ASU 2016-13 was effective
beginning January 1, 2023 and early adoption is permitted. The Company adopted ASU 2016-13 effective January 1, 2023. The adoption of
ASU 2016-13 did not have any impact on the Company’s consolidated financial statement presentation or disclosures.
In
October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805) – Accounting for Contract Assets and Contract Liabilities
from Contracts with Customers (“ASU 2021-08”). ASU 2021-08 requires that an entity recognize and measure contract assets
and contract liabilities acquired in a business combination as if it had originated the contracts. This is a shift from existing guidance,
which required the acquirer to recognize contract assets and contract liabilities at their fair value as of the acquisition date. ASU
2021-08 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. An entity
should apply the guidance provided by ASU 2021-08 prospectively to business combinations occurring on or after January 1, 2023. Early
adoption of ASU 2021-08 is permitted, including adoption in an interim period. An entity that early adopts the guidance in an interim
period should apply the amendments (1) retrospectively to all business combinations for which the acquisition date occurs on or after
the beginning of the fiscal year that includes the interim period of early application and (2) prospectively to all business combinations
that occur on or after the date of initial application. The Company adopted ASU 2021-18 effective January 1, 2023. The adoption of ASU
2021-08 did not have any impact on the Company’s consolidated financial statement presentation or disclosure.
Management
does not believe that any other recently issued, but not yet effective, authoritative guidance, if currently adopted, would have a material
impact on the Company’s financial statement presentation or disclosures.
|
X |
- References
+ Details
Name: |
us-gaap_AccountingPoliciesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for all significant accounting policies of the reporting entity.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483426/235-10-50-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 235 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//235/tableOfContent
+ Details
Name: |
us-gaap_SignificantAccountingPoliciesTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Right-of-Use Assets and Operating Lease Liabilities
|
6 Months Ended |
Jun. 30, 2023 |
Right-of-use Assets And Operating Lease Liabilities |
|
Right-of-Use Assets and Operating Lease Liabilities |
3.
Right-of-Use Assets and Operating Lease Liabilities
The
Company leases certain corporate office spaces under an operating lease agreement.
Operating
lease right-of-use (“ROU”) assets and operating lease liabilities are recognized at the commencement date based on the present
value of lease payments over the lease term. ROU assets represent the Company’s right to use an underlying asset for the lease
term, and lease liabilities represent the Company’s obligation to make lease payments arising from the lease. Generally, the implicit
rate of interest in lease arrangements is not readily determinable and the Company utilizes its incremental borrowing rate in determining
the present value of lease payments. The Company’s incremental borrowing rate is a hypothetical rate based on its understanding
of what its credit rating would be. The operating lease ROU asset includes any lease payments made and excludes lease incentives.
As
of December 31, 2022, the ROU assets were $52,608. In April 2023, Restaurant.com signed a lease for its office located in Schaumberg,
Illinois. The lease has a term of 36 months and an average base rent of approximately $7,500 per month. At lease commencement, the Company recorded a right-of-use
asset and lease liability of $293,798 based upon the present value of all lease payments. During the six months
ended June 30, 2023, the Company reflected a decrease in its ROU asset of $59,988, resulting in a ROU asset balance of $286,418 as of June
30, 2023.
As
of December 31, 2022, operating lease liabilities were $59,328. In April 2023, the Company recorded an operating lease liability of $293,798 as
discussed above. During the six months ended June 30, 2023, the Company made lease payments of $39,040 towards its operating lease liability.
As of June 30, 2023, ROU lease liabilities under operating leases totaled $314,086.
|
X |
- References
+ Details
Name: |
RSTN_DisclosureRightofuseAssetsAndOperatingLeaseLiabilitiesAbstract |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent
+ Details
Name: |
us-gaap_LesseeOperatingLeasesTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Convertible Note Payable- Past Due
|
6 Months Ended |
Jun. 30, 2023 |
Debt Disclosure [Abstract] |
|
Convertible Note Payable- Past Due |
4.
Convertible Note Payable- Past Due
Convertible
notes consists of the following at June 30, 2023 and December 31, 2022:
Schedule of Convertible Debt
| |
June 30, 2023 | | |
December 31, 2022 | |
| |
| | |
| |
Total principal balance | |
$ | 20,000 | | |
$ | 20,000 | |
Accrued interest | |
| 18,637 | | |
| 17,137 | |
Total principal and accrued interest | |
$ | 38,637 | | |
$ | 37,137 | |
In 2018, the Company merged with Incumaker, Inc. The merger was treated as a reverse merger and recapitalization of the
Company for financial accounting purposes. In conjunction with the merger with Incumaker, Inc., the Company assumed certain
outstanding convertible notes payable. At June 30, 2023 and December 31, 2022, the remaining convertible note assumed in the
reverse merger had a principal balance outstanding of $20,000,
was due July 2017, interest of 15% per annum, and accrued interest payable of $18,637 and
$17,137,
respectively. As of June 30, 2023, the convertible note, including accrued interest payable, was
convertible at $1.50 per
share into 25,758 shares
of the Company’s common stock.
|
X |
- References
+ Details
Name: |
us-gaap_DebtDisclosureAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(c)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 470 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//470/tableOfContent
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1C -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1C -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1C -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1C
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1E -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1E
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1I -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1I -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1I -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1I
+ Details
Name: |
us-gaap_DebtDisclosureTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Notes Payable, Acquisitions
|
6 Months Ended |
Jun. 30, 2023 |
Notes Payable Acquisitions |
|
Notes Payable, Acquisitions |
5.
Notes Payable, Acquisitions
Notes payable, acquisitions consists of the following at June 30, 2023 and December 31, 2022:
Schedule of Acquisition Notes Payable
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
GameIQ acquisition note payable | |
$ | 115,104 | | |
$ | 127,778 | |
Restaurant.com acquisition note payable | |
| - | | |
| 1,500,000 | |
Total principal balance | |
| 115,104 | | |
| 1,627,778 | |
Accrued interest | |
| 638 | | |
| 252,194 | |
Total principal and accrued interest | |
| 115,742 | | |
| 1,879,972 | |
Less current portion | |
| (34,066 | ) | |
| (1,798,478 | ) |
Non-current portion | |
$ | 81,676 | | |
$ | 81,494 | |
GameIQ
Acquisition Note Payable
On February 1, 2022, two notes payable for the purchase
of GameIQ were issued, one for $78,813. and another for $62,101. RDE, Inc. promises to pay to the order of the holders the principal amounts
together with annual interest of 1%, which shall be paid upon the earlier of (i) nine (9) equal biannual installments with the first installment
due on the nine-month anniversary of February 1, 2022, and the final payment due February 1, 2025. In the event of default, the notes
to the Holders are secured, in the manner that such payment to be made in cash or shares of the RDE, Inc.’s common stock at the
election of the holders. These Notes may be prepaid in whole or in part by RDE, Inc.
As
of December 31, 2022, the notes payable had an aggregate principal balance outstanding of $127,788 and accrued interest payable of $688.
During the six months ended June 30, 2023, the Company made principal payments of $12,674. As of June 30, 2023, the notes payable had
an aggregate principal balance outstanding of $115,104 and accrued interest payable of $638.
Restaurant.com
Note Payable
Pursuant
to the terms of the acquisition agreement with Restaurant.com, Inc. entered into on March 1, 2020, the Company executed an unsecured
promissory note in the principal amount of $1,500,000 that matured on March 1, 2023. The promissory note bears interest at a rate of
6% per annum and is convertible at the option of the Company into common shares at a price to be determined on the date of conversion.
As
of December 31, 2022, the note payable had a principal balance outstanding of $1,500,000 and accrued interest payable of $251,507. On
March 1, 2023, the principal and interest balance of approximately $1,770,000 was converted into 554,859 shares of the Company’s
common stock, and the note was retired.
|
X |
- DefinitionAcquisition Notes Payable Disclosure [Text Block]
+ References
+ Details
Name: |
RSTN_AcquisitionNotesPayableDisclosureTextBlock |
Namespace Prefix: |
RSTN_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
RSTN_DisclosureNotesPayableAcquisitionsAbstract |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Government Assistance Notes Payable -SBA Loans
|
6 Months Ended |
Jun. 30, 2023 |
Government Assistance Notes Payable -sba Loans |
|
Government Assistance Notes Payable -SBA Loans |
6.
Government Assistance Notes Payable -SBA Loans
Government
Assistance Notes Payable-SBA Loans consists of the following at June 30, 2023, and December 31, 2022:
Schedule
of Notes Payable
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
Economic Injury/Disaster Loans | |
$ | 661,035 | | |
$ | 661,035 | |
Accrued interest | |
| 38,098 | | |
| 45,541 | |
Total principal and accrued interest | |
| 699,133 | | |
| 706,576 | |
Less current portion | |
| (39,876 | ) | |
| (15,217 | ) |
Non-current portion | |
$ | 659,257 | | |
$ | 691,359 | |
Economic
Injury Disaster Loans (EIDL):
In 2020 and 2021, the Company received an aggregate
of $650,000 of proceeds applicable to two loans administered by the Small Business Administration (“SBA”) as disaster loan
assistance under the Covid-19 Economic Injury Disaster Loan (EIDL) Program. On January 31, 2022, the Company assumed an additional $14,500
EIDL, and accrued interest of $900, as part of the consideration paid for the acquisition of GameIQ.
The loans bear interest at 3.75% per annum, with a
combined repayment of principal and interest of $3,500 per month over a period of 30 years. As of June 30, 2023 and December 31, 2022,
the note payable had a principal balance outstanding of $661,035 and $661,035 and accrued interest payable of $38,098 and $45,541 respectively.
|
X |
- References
+ Details
Name: |
RSTN_DisclosureGovernmentAssistanceNotesPayableSbaLoansAbstract |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionGovernment Assistance Notes Payable [Text Block]
+ References
+ Details
Name: |
RSTN_GovernmentAssistanceNotesPayableTextBlock |
Namespace Prefix: |
RSTN_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Stockholder’s Deficit
|
6 Months Ended |
Jun. 30, 2023 |
Equity [Abstract] |
|
Stockholder’s Deficit |
7.
Stockholder’s Deficit
Common
Stock Transactions
Issuance
of Common Stock on Sale of Common Stock
During
the six months ended June 30, 2023, the Company received net proceeds of $2,005,000 for the sale of 1,002,500 shares of
common stock at $2.00 per share, as part of a private placement.
Issuance
of Common Stock on Conversion of Acquisition Note
On
March 1, 2023, the principal and interest balance of approximately $1,770,000 for the Restaurant.com acquisition note payable (see Note
5) was converted into 554,859 shares of the Company’s common stock, and the note was retired.
Issuance
of Restricted Stock to Directors
During
the year ended December 31, 2022, the Company granted 720,000 of shares to members of the Company’s Board of Directors with a fair
value of $360,000 or $0.50 per share. The shares vest over a two-year period from grant date. During the year ended December 31, 2022,
the Company issued 240,000 of these shares of common stock with a fair value of $220,000 based upon its vesting term. As of December
31, 2022, the aggregate amount of unvested compensation related to this common stock was approximately $140,000. During the six months
ended June 30, 2023, the Company issued the remaining 480,000 shares of common stock and recognized $140,000 of expense related to the
vesting of restricted shares, leaving no remaining future vesting expense.
Issuance
of Restricted Stock to Employees
During
the year ended December 31, 2022, the Company granted 150,500 shares of the Company’s restricted stock to employees with a fair
value $75,250 or $0.50 per share. The shares vest over a two-year period from grant date. During the year ended December 31, 2022, the
Company issued 83,833 of these shares of restricted stock with a fair value of $55,620 based upon its vesting term. During the six months
ended June 30, 2023, the Company issued the remaining 66,667 shares of common stock and recognized $19,445 of expense related to the
vesting of restricted shares, leaving no remaining future vesting expense.
On
April 1,2023, the Company granted 300,000 shares of the Company’s restricted stock with an aggregate fair value of $1,005,000,
or $3.35 per share. 200,000 shares of the restricted stock were issued to the Company’s Chief Executive Officer, and 100,000 shares
of the restricted stock were issued to other employees. The restricted stock grant vest 33% on the grant date, and 33% on each subsequent
anniversary date. During the six months ended June 30, 2023, the Company recognized $418,750 of expense related to the vesting of restricted
shares, leaving $586,250 remaining to be expensed upon vesting in future periods through March 31, 2025. During the six months ended
June 30, 2023, the Company issued 100,000 of these shares of restricted stock with a fair value of $335,000 based upon its vesting term.
Issuance
of Common Stock for Services
During
the six months ended June 30, 2023, the Company issued 150,000 shares of common stock with a fair value of $523,500, or $3.49 per share,
to a consultant for services rendered, which was fully expensed when granted.
Common Stock Issuable
At June 30, 2023 and December 31, 2022, 383,343 shares
of common stock with an aggregate value of $383,000 have not been issued and are reflected as common stock issuable in the accompanying
condensed consolidated financial statements.
Stock
Options
A
summary of stock options for the six months ended June 30, 2023, is as follows:
Summary
of Stock Options
| |
Number of Options | | |
Weighted Average Exercise Price | |
Balance outstanding, December 31, 2022 | |
| 648,116 | | |
| 4.59 | |
Options granted | |
| 95,000 | | |
| 3.35 | |
Options exercised | |
| - | | |
| - | |
Options expired or forfeited | |
| - | | |
| - | |
Balance outstanding, June 30, 2023 | |
| 743,116 | | |
$ | 4.43 | |
Balance exercisable, June 30, 2023 | |
| 548,686 | | |
$ | 5.30 | |
On
April 1, 2023, the Company, pursuant to the terms of its 2019 Stock Incentive Plan, approved options exercisable into 95,000 shares to
be issued to its employees. The 95,000 stock options had an exercise price of $3.35 per share, with vesting of 33% on date of issuance,
and then 33% on each subsequent anniversary date. The stock options are exercisable at a weighted average price of $3.35 per share with
an average life to expiration of approximately three years. The total fair value of these options at grant date was approximately $294,000,
which was determined using a Black-Scholes-Merton option pricing model with the following average assumption: stock price of $3.35 per
share, expected term of 3.00 years, volatility of 203%, dividend rate of 0%, and weighted average risk-free interest rate of 2.61%.
The
expected term represents the weighted-average period of time that share option awards granted are expected to be outstanding giving consideration
to vesting schedules and historical participant exercise behavior; the expected volatility is based upon historical volatility of the
Company’s common stock; the expected dividend yield is based on the fact that the Company has not paid dividends in the past and
does not expect to pay dividends in the future; and the risk-free interest rate is based on the U.S. Treasury yield curve in effect at
the time of measurement corresponding with the expected term of the share option award.
During
the six months ended June 30, 2023, the Company recognized $163,990 of compensation expense relating to vested stock options. As of June
30, 2023, the aggregate amount of unvested compensation related to stock options was approximately $229,881, which will be recognized
as an expense as the options vest in future periods through March 31, 2025.
The
weighted average remaining contractual life of common stock options outstanding and exercisable at June 30, 2023 was 5.53 years. Based
on a fair market value of $3.00 per share on June 30, 2023, the intrinsic value attributed to exercisable but unexercised common stock
options was $591,936 at June 30, 2023.
|
X |
- References
+ Details
Name: |
us-gaap_EquityAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for equity.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (h) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 235 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481062/946-235-50-2
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-6
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480237/815-40-50-6
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//505/tableOfContent
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (g) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-13
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 14 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-14
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 16 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-16
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 18 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-18
+ Details
Name: |
us-gaap_StockholdersEquityNoteDisclosureTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Contingencies
|
6 Months Ended |
Jun. 30, 2023 |
Commitments and Contingencies Disclosure [Abstract] |
|
Contingencies |
8.
Contingencies
From
time to time the Company may be named in claims arising in the ordinary course of business. Currently, there are no such legal proceeding
that are pending against the Company or that involve the Company that, in the opinion of management, could reasonably be expected to
have a material adverse effect on the Company’s business or financial condition.
|
X |
- References
+ Details
Name: |
us-gaap_CommitmentsAndContingenciesDisclosureAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for commitments and contingencies.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482648/440-10-50-4
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//450/tableOfContent
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 954 -SubTopic 440 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480327/954-440-50-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482648/440-10-50-4
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 440 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//440/tableOfContent
+ Details
Name: |
us-gaap_CommitmentsAndContingenciesDisclosureTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Subsequent Events
|
6 Months Ended |
Jun. 30, 2023 |
Subsequent Events [Abstract] |
|
Subsequent Events |
9.
Subsequent Events
On
August 18, 2023, RDE entered into an Agreement and Plan of Merger with CardCash Exchange, Inc., (“CardCash”) a leading
secondary gift card exchange. RDE, subject to a number of closing conditions, including that it meet the listing standards for the
Nasdaq Capital Market, will acquire the business of CardCash for (i) $2,000,000
of which $1,000,000
will be paid at the future closing of the transaction out of existing cash, and $1,000,000
will be paid in the form a promissory note due and payable on the second anniversary of the future closing date, and (ii) the
issuance of 6,108,077
restricted shares of RDE’s common stock to the shareholders of CardCash with a fair value on August 18, 2023, of approximately
$27.7 million,
which would currently represents approximately 37% of
RDE’s issued and outstanding shares of common stock after the future closing of the merger. Following the closing of the
CardCash merger, CardCash will become a wholly owned subsidiary of RDE. The acquisition is targeted to close by the end of 2023.
This transaction will be accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities
assumed, and consideration exchanged will be recorded at estimated fair values on the date of closing of the acquisition.
|
X |
- References
+ Details
Name: |
us-gaap_SubsequentEventsAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//855/tableOfContent
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483399/855-10-50-2
+ Details
Name: |
us-gaap_SubsequentEventsTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Significant Accounting Policies (Policies)
|
6 Months Ended |
Jun. 30, 2023 |
Accounting Policies [Abstract] |
|
Use of Estimates |
Use
of Estimates
The
preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the
reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial
statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those
estimates. Significant estimates include those related to assumptions used in accruals for potential liabilities, redemption rate of
promotional gift cards, assumptions used in valuing equity instruments issued for services, and the valuation allowance for deferred
tax assets.
|
Revenue Recognition |
Revenue
Recognition
Revenue
is recognized when, or as, control of a promised product transfers to a customer, in an amount that reflects the consideration to which
the Company expects to be entitled in exchange for transferring those products. Revenue excludes taxes that have been assessed by governmental
authorities and that are directly imposed on revenue-producing transactions between the Company and its customers, including sales and
use taxes.
The
Company operates online websites that sell discounted restaurant coupons, travel and vacation packages, and other merchandise. In addition,
the Company also generates revenues based upon the number of times a third-party website(s) or products(s) are accessed or viewed by
consumers from the Company’s website or platform.
Restaurant
Coupons revenues
Sale
of Restaurant Coupons
The
Company sells discount certificates for restaurants on behalf of third-party restaurants. Approximately 9 to 13 days each month the Company
emails its customers offers for restaurant discounts based on location and personal preferences. Consumers also access deals offered
by the Company directly through the Company’s websites and mobile applications. A typical restaurant discount deal might offer
a $25 discount that can be used toward a $50 purchase at a restaurant. The Company recognizes revenue on a gross basis upon sale and
collection of the restaurant coupons from customers. The Company has no further commitment or obligation to third-party restaurants or
the coupon purchasers upon the sale of restaurant coupons and no amounts are due to the third-party restaurants for these sales. Sale
of restaurant coupons are generally non-refundable. On an infrequent case-by-case basis, the Company will accept customer’s request
to transfer a restaurant coupon from one third-party restaurant to another (for example, upon the closure of a restaurant).
Sale
of Promotional Gift Card Revenue
The
Company sells Restaurant.com promotional gift cards which can only be redeemed for restaurant coupons offered by the Company on
its website. Based on the Company’s historical redemption rates of its promotional gift cards, a portion of the sale of gift card
revenue is recorded as deferred revenue liability at the time of sale and recognized as revenue in future periods based on historical
redemption trend rates, but no longer than 24 months from the date of sale. The Company continues to review historical promotional gift
card redemption information and considers any changes in redemption patterns to assess when revenue is realized. Future redemption rates
may be different than our historical experience and subject to inherent uncertainty. If actual redemption activity differs significantly
from our historical experience, our deferred revenue and results of operations could be materially impacted.
Travel,
Vacation and Merchandise Revenues
The
Company also derives revenue from transactions in which it sells complementary entertainment and travel offerings and consumer products
on behalf of third-party merchants across a wide range of product categories, including, but not limited to, computer products, consumer
electronics, apparel, housewares, watches, jewelry, travel, sporting goods, automobiles, home improvement products, and collectibles.
Additional deals include discounted pricing at theaters, movies or other merchants. Customers purchase restaurant deals from the Company
and redeem them with the Company’s merchant partners. Approximately 9 to 13 days each month the Company emails its customers offers
for discounted experiences and products based on location and personal preferences. Consumers also access the Company’s deals directly
through the Company’s websites and mobile applications. Those discounted experiences and products generally involve a customer’s
purchase of a voucher through one of the Company’s websites that can be redeemed with a third-party merchant for services or goods
(or for discounts on services and goods). Revenue from those transactions is reported on a net basis and equals the purchase price received
from the customer for the voucher less an agreed upon portion of the purchase price paid by the Company to its partners.
Advertising
Revenues
The
Company also has agreements with selected third-party partners, such as Google Ads, wherein third-party website(s) and/or product(s)
are shown or incorporated in the Company’s platform or website. The Company generates revenues based upon the number of times the
third-party website(s) or product(s) are accessed or viewed by consumers from the Company’s platform or website. Revenue is recognized
when its determinable, which is generally upon receipt of a statement and/or proceeds from the third-party partners.
In
the following table, revenue is disaggregated by our divisions and type of revenue for the three months ended June 30, 2023 and 2022:
Schedule
of Disaggregation of Revenue
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Three Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 165,196 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 276,981 | |
Business to business (B2B) | |
| 444,507 | | |
| - | | |
| - | | |
| 444,507 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 609,703 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 721,488 | |
| |
| | | |
| | | |
| | | |
| | |
Three Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 157,774 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 273,280 | |
Business to business (B2B) | |
| 1,524,934 | | |
| - | | |
| - | | |
| 1,524,934 | |
Other | |
| 12,940 | | |
| - | | |
| - | | |
| 12,940 | |
Total | |
$ | 1,695,648 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 1,811,154 | |
In
the following table, revenue is disaggregated by our divisions and type of revenue for the six months ended June 30, 2023 and 2022:
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Six Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 453,374 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 659,657 | |
Business to business (B2B) | |
| 873,542 | | |
| - | | |
| - | | |
| 873,542 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 1,307,916 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 1,533,199 | |
| |
| | | |
| | | |
| | | |
| | |
Six Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 355,012 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 596,077 | |
Business to business (B2B) | |
| 1,953,709 | | |
| - | | |
| - | | |
| 1,953,709 | |
Other | |
| 21,148 | | |
| - | | |
| - | | |
| 21,148 | |
Total | |
$ | 2,329,869 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 2,570,934 | |
|
Business Combinations |
Business Combinations
The Company accounts for its business combinations
using the acquisition method of accounting where the purchase consideration is allocated to the tangible and intangible assets acquired,
and liabilities assumed, based on their respective fair values as of the acquisition date. The excess of the fair value of the purchase
consideration over the estimated fair values of the net assets acquired is recorded as goodwill. When determining the fair values of assets
acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets.
Critical estimates in valuing intangible assets include, but are not limited to, expected future cash flows, which includes consideration
of future growth and margins, future changes in technology, brand awareness and discount rates. Fair value estimates are based on the
assumptions that management believes a market participant would use in pricing the asset or liability.
|
Earnings (Loss) Per Share |
Earnings
(Loss) Per Share
Basic
earnings (loss) per share is computed using the weighted average number of common shares issued and outstanding during the period. Diluted
earnings (loss) per share is computed using the weighted average number of common shares and the dilutive effect of contingent shares
outstanding during the period. Potentially dilutive contingent shares, which primarily consist of convertible notes and stock issuable
upon the exercise of stock options and warrants, have been excluded from the calculation of diluted loss per share because their effect
is anti-dilutive.
Loss
per common share is computed by dividing net loss by the weighted average number of shares of common stock issued and outstanding during
the respective periods. Basic and diluted loss per common share was the same for all periods presented because all convertible notes
and stock issuable upon the exercise of stock options and warrants outstanding were anti-dilutive.
At
June 30, 2023 and 2022, the Company excluded the outstanding convertible debt and securities summarized below, which entitle the holders
thereof to acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.
Schedule
of Anti- dilutive Securities Excluded from Computation of Earning Loss Per Share
| |
June 30, 2023 | | |
June 30, 2022 | |
Convertible notes payable | |
| 25,758 | | |
| 23,758 | |
Common stock issuable | |
| 383,343 | | |
| - | |
Common stock warrants | |
| - | | |
| 20,667 | |
Common stock options | |
| 743,116 | | |
| 648,116 | |
Total | |
| 1,152,217 | | |
| 692,541 | |
|
Stock-Based Compensation |
Stock-Based
Compensation
The
Company periodically issues share-based awards to employees and non-employees and consultants for services rendered. Stock options vest
and expire according to terms established at the issuance date of each grant. Stock grants are measured at the grant date fair value.
Stock-based compensation cost is measured at fair value on the grant date and is generally recognized as a charge to operations ratably
over the requisite service, or vesting, period.
The
Company values its equity awards using the Black-Scholes option-pricing model, and accounts for forfeitures when they occur. Use of
the Black-Scholes option pricing model requires the input of subjective assumptions, including expected volatility, expected term,
dividend rate, and a risk-free interest rate. The expected volatility is based on the historical volatility of the Company’s
common stock, calculated utilizing a look-back period approximately equal to the contractual life of the stock option being granted.
The expected life of the stock option is calculated as the mid-point between the vesting period and the contractual term (the
“simplified method”). The risk-free interest rate is estimated using comparable published federal funds
rates.
|
Advertising Costs |
Advertising
Costs
The
Company has marketing relationship agreements with various online companies such as portal networks, contextual sites, search engines
and affiliate partners. Advertising costs are generally charged to the Company monthly per vendor agreements, which typically are based
on visitors and/or registrations delivered to the site or at a set fee. Agreements do not provide for guaranteed renewal and may be terminated
by the Company without cause. Such advertising costs are charged to expense as incurred and included in selling, general and administrative
expenses in the statements of operations. During the six months ended June 30, 2023 and 2022, advertising costs were $136,261 and $247,759,
respectively.
|
Customer and Vendor Concentration |
Customer
and Vendor Concentration
As of June 30, 2023 and December 31, 2022, there were two customers and one customer who accounted for
over 10% of the Company’s consolidated accounts receivable, respectively. As of June 30, 2023 and December 31, 2022, there were
three vendors and three vendors, respectively, who accounted for over 10% of the Company’s consolidated accounts payable. During
the six months ended June 30, 2023 and 2022, there were no customers who accounted for over 10% of the Company’s consolidated net
revenue. During the six months ended June 30, 2023 and 2022, there were no vendors, respectively, who accounted for over 10% of the Company’s purchases.
|
Fair Value of Financial Instruments |
Fair
Value of Financial Instruments
The
authoritative guidance with respect to fair value established a fair value hierarchy that prioritizes the inputs to valuation techniques
used to measure fair value into three levels and requires that assets and liabilities carried at fair value be classified and disclosed
in one of three categories, as presented below. Disclosure as to transfers in and out of Levels 1 and 2, and activity in Level 3 fair
value measurements, is also required. Fair value of a financial instrument is defined as the amount at which the instrument could be
exchanged in a current transaction between willing parties.
The
three levels of the fair value hierarchy are as follows:
Level
1 - Valuations based on unadjusted quoted prices in active markets for identical assets or liabilities that the entity has the ability
to access.
Level
2 - Valuations based on quoted prices for similar assets or liabilities, quoted prices in markets that are not active, or other inputs
that are observable or can be corroborated by observable data for substantially the full term of the assets or liabilities.
Level
3 - Valuations based on inputs that are unobservable, supported by little or no market activity and that are significant to the fair
value of the assets or liabilities.
The
carrying value of the Company’s financial instruments (consisting of cash, accounts receivables, deposits to credit card processor,
prepaid expense and other current assets, accounts payable, accrued expenses, notes payable, and other liabilities) are considered to
be representative of their respective fair values due to the short-term nature of those instruments.
|
Recent Accounting Pronouncements |
Recent
Accounting Pronouncements
In
June 2016, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2016-13,
Credit Losses (Topic 326) – Measurement of Credit Losses on Financial Instruments (“ASC 2016-13”). ASU 2016-13 requires
entities to use a forward-looking approach based on current expected credit losses to estimate credit losses on certain types of financial
instruments, including trade receivables, which may result in the earlier recognition of allowance for losses. ASU 2016-13 was effective
beginning January 1, 2023 and early adoption is permitted. The Company adopted ASU 2016-13 effective January 1, 2023. The adoption of
ASU 2016-13 did not have any impact on the Company’s consolidated financial statement presentation or disclosures.
In
October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805) – Accounting for Contract Assets and Contract Liabilities
from Contracts with Customers (“ASU 2021-08”). ASU 2021-08 requires that an entity recognize and measure contract assets
and contract liabilities acquired in a business combination as if it had originated the contracts. This is a shift from existing guidance,
which required the acquirer to recognize contract assets and contract liabilities at their fair value as of the acquisition date. ASU
2021-08 is effective for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. An entity
should apply the guidance provided by ASU 2021-08 prospectively to business combinations occurring on or after January 1, 2023. Early
adoption of ASU 2021-08 is permitted, including adoption in an interim period. An entity that early adopts the guidance in an interim
period should apply the amendments (1) retrospectively to all business combinations for which the acquisition date occurs on or after
the beginning of the fiscal year that includes the interim period of early application and (2) prospectively to all business combinations
that occur on or after the date of initial application. The Company adopted ASU 2021-18 effective January 1, 2023. The adoption of ASU
2021-08 did not have any impact on the Company’s consolidated financial statement presentation or disclosure.
Management
does not believe that any other recently issued, but not yet effective, authoritative guidance, if currently adopted, would have a material
impact on the Company’s financial statement presentation or disclosures.
|
X |
- DefinitionCustomer And Vendor Concentration [Policy[Text Block]
+ References
+ Details
Name: |
RSTN_CustomerAndVendorConcentrationPolicyTextBlock |
Namespace Prefix: |
RSTN_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_AccountingPoliciesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for advertising cost.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -SubTopic 35 -Topic 720 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483406/720-35-50-1
+ Details
Name: |
us-gaap_AdvertisingCostsPolicyTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).
+ References
+ Details
Name: |
us-gaap_BasisOfAccountingPolicyPolicyTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for completed business combinations (purchase method, acquisition method or combination of entities under common control). This accounting policy may include a general discussion of the purchase method or acquisition method of accounting (including for example, the treatment accorded contingent consideration, the identification of assets and liabilities, the purchase price allocation process, how the fair values of acquired assets and liabilities are determined) and the entity's specific application thereof. An entity that acquires another entity in a leveraged buyout transaction generally discloses the accounting policy followed by the acquiring entity in determining the basis used to value its interest in the acquired entity, and the rationale for that accounting policy.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 05 -Paragraph 4 -Subparagraph (a)-(d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479515/805-10-05-4
+ Details
Name: |
us-gaap_BusinessCombinationsPolicy |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-2
+ Details
Name: |
us-gaap_EarningsPerSharePolicyTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for determining the fair value of financial instruments.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 60 -Paragraph 1 -SubTopic 10 -Topic 820 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482053/820-10-60-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -SubTopic 10 -Topic 825 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-1
+ Details
Name: |
us-gaap_FairValueOfFinancialInstrumentsPolicy |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.
+ References
+ Details
Name: |
us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for revenue recognition for leases entered into by lessor.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483426/235-10-50-4
+ Details
Name: |
us-gaap_RevenueRecognitionLeases |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionDisclosure of accounting policy for award under share-based payment arrangement. Includes, but is not limited to, methodology and assumption used in measuring cost.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(v) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.C.Q3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479830/718-10-S99-1
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.D.1.Q5) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479830/718-10-S99-1
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.D.3.Q2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479830/718-10-S99-1
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 14.D.2.Q6) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479830/718-10-S99-1
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//718/tableOfContent
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationOptionAndIncentivePlansPolicy |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Significant Accounting Policies (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
Accounting Policies [Abstract] |
|
Schedule of Disaggregation of Revenue |
In
the following table, revenue is disaggregated by our divisions and type of revenue for the three months ended June 30, 2023 and 2022:
Schedule
of Disaggregation of Revenue
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Three Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 165,196 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 276,981 | |
Business to business (B2B) | |
| 444,507 | | |
| - | | |
| - | | |
| 444,507 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 609,703 | | |
$ | 75,423 | | |
$ | 36,362 | | |
$ | 721,488 | |
| |
| | | |
| | | |
| | | |
| | |
Three Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 157,774 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 273,280 | |
Business to business (B2B) | |
| 1,524,934 | | |
| - | | |
| - | | |
| 1,524,934 | |
Other | |
| 12,940 | | |
| - | | |
| - | | |
| 12,940 | |
Total | |
$ | 1,695,648 | | |
$ | 72,874 | | |
$ | 42,632 | | |
$ | 1,811,154 | |
In
the following table, revenue is disaggregated by our divisions and type of revenue for the six months ended June 30, 2023 and 2022:
Sales Channels | |
Restaurant Coupons | | |
Sale of Travel, Vacation and Merchandise | | |
Advertising | | |
Total | |
| |
| | |
| | |
| | |
| |
Six Months Ended June 30, 2023 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 453,374 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 659,657 | |
Business to business (B2B) | |
| 873,542 | | |
| - | | |
| - | | |
| 873,542 | |
Other | |
| - | | |
| - | | |
| - | | |
| - | |
Total | |
$ | 1,307,916 | | |
$ | 135,693 | | |
$ | 89,590 | | |
$ | 1,533,199 | |
| |
| | | |
| | | |
| | | |
| | |
Six Months Ended June 30, 2022 | |
| | | |
| | | |
| | | |
| | |
Business to consumer (B2C) | |
$ | 355,012 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 596,077 | |
Business to business (B2B) | |
| 1,953,709 | | |
| - | | |
| - | | |
| 1,953,709 | |
Other | |
| 21,148 | | |
| - | | |
| - | | |
| 21,148 | |
Total | |
$ | 2,329,869 | | |
$ | 149,602 | | |
$ | 91,463 | | |
$ | 2,570,934 | |
|
Schedule of Anti- dilutive Securities Excluded from Computation of Earning Loss Per Share |
At
June 30, 2023 and 2022, the Company excluded the outstanding convertible debt and securities summarized below, which entitle the holders
thereof to acquire shares of common stock, from its calculation of earnings per share, as their effect would have been anti-dilutive.
Schedule
of Anti- dilutive Securities Excluded from Computation of Earning Loss Per Share
| |
June 30, 2023 | | |
June 30, 2022 | |
Convertible notes payable | |
| 25,758 | | |
| 23,758 | |
Common stock issuable | |
| 383,343 | | |
| - | |
Common stock warrants | |
| - | | |
| 20,667 | |
Common stock options | |
| 743,116 | | |
| 648,116 | |
Total | |
| 1,152,217 | | |
| 692,541 | |
|
X |
- References
+ Details
Name: |
us-gaap_AccountingPoliciesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5
+ Details
Name: |
us-gaap_DisaggregationOfRevenueTableTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
+ Details
Name: |
us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Convertible Note Payable- Past Due (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
Debt Disclosure [Abstract] |
|
Schedule of Convertible Debt |
Convertible
notes consists of the following at June 30, 2023 and December 31, 2022:
Schedule of Convertible Debt
| |
June 30, 2023 | | |
December 31, 2022 | |
| |
| | |
| |
Total principal balance | |
$ | 20,000 | | |
$ | 20,000 | |
Accrued interest | |
| 18,637 | | |
| 17,137 | |
Total principal and accrued interest | |
$ | 38,637 | | |
$ | 37,137 | |
|
X |
- DefinitionTabular disclosure of convertible debt instrument. Includes, but is not limited to, principal amount and amortized premium or discount.
+ References
+ Details
Name: |
us-gaap_ConvertibleDebtTableTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_DebtDisclosureAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Notes Payable, Acquisitions (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
Notes Payable Acquisitions |
|
Schedule of Acquisition Notes Payable |
Notes payable, acquisitions consists of the following at June 30, 2023 and December 31, 2022:
Schedule of Acquisition Notes Payable
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
GameIQ acquisition note payable | |
$ | 115,104 | | |
$ | 127,778 | |
Restaurant.com acquisition note payable | |
| - | | |
| 1,500,000 | |
Total principal balance | |
| 115,104 | | |
| 1,627,778 | |
Accrued interest | |
| 638 | | |
| 252,194 | |
Total principal and accrued interest | |
| 115,742 | | |
| 1,879,972 | |
Less current portion | |
| (34,066 | ) | |
| (1,798,478 | ) |
Non-current portion | |
$ | 81,676 | | |
$ | 81,494 | |
|
X |
- References
+ Details
Name: |
RSTN_DisclosureNotesPayableAcquisitionsAbstract |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionSchedule O fAcquisition Notes Payable [Table Text Block]
+ References
+ Details
Name: |
RSTN_ScheduleOfAcquisitionNotesPayableTableTextBlock |
Namespace Prefix: |
RSTN_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Government Assistance Notes Payable -SBA Loans (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
Government Assistance Notes Payable -sba Loans |
|
Schedule of Notes Payable |
Government
Assistance Notes Payable-SBA Loans consists of the following at June 30, 2023, and December 31, 2022:
Schedule
of Notes Payable
| |
June 30, | | |
December 31, | |
| |
2023 | | |
2022 | |
| |
| | |
| |
Economic Injury/Disaster Loans | |
$ | 661,035 | | |
$ | 661,035 | |
Accrued interest | |
| 38,098 | | |
| 45,541 | |
Total principal and accrued interest | |
| 699,133 | | |
| 706,576 | |
Less current portion | |
| (39,876 | ) | |
| (15,217 | ) |
Non-current portion | |
$ | 659,257 | | |
$ | 691,359 | |
|
X |
- References
+ Details
Name: |
RSTN_DisclosureGovernmentAssistanceNotesPayableSbaLoansAbstract |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionSchedule Of Notes Payable [Table Text Block]
+ References
+ Details
Name: |
RSTN_ScheduleOfNotesPayableTableTextBlock |
Namespace Prefix: |
RSTN_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Stockholder’s Deficit (Tables)
|
6 Months Ended |
Jun. 30, 2023 |
Equity [Abstract] |
|
Summary of Stock Options |
A
summary of stock options for the six months ended June 30, 2023, is as follows:
Summary
of Stock Options
| |
Number of Options | | |
Weighted Average Exercise Price | |
Balance outstanding, December 31, 2022 | |
| 648,116 | | |
| 4.59 | |
Options granted | |
| 95,000 | | |
| 3.35 | |
Options exercised | |
| - | | |
| - | |
Options expired or forfeited | |
| - | | |
| - | |
Balance outstanding, June 30, 2023 | |
| 743,116 | | |
$ | 4.43 | |
Balance exercisable, June 30, 2023 | |
| 548,686 | | |
$ | 5.30 | |
|
X |
- References
+ Details
Name: |
us-gaap_EquityAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionTabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (e) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:textBlockItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Basis of Presentation (Details Narrative) - USD ($)
|
3 Months Ended |
6 Months Ended |
|
|
|
|
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Mar. 31, 2023 |
Dec. 31, 2022 |
Mar. 31, 2022 |
Dec. 31, 2021 |
Accounting Policies [Abstract] |
|
|
|
|
|
|
|
|
Net loss |
$ 1,840,686
|
$ 193,590
|
$ 2,265,602
|
$ (78,491)
|
|
|
|
|
Net cash in operations |
|
|
981,092
|
35,910
|
|
|
|
|
Stockholders' deficiency |
273,935
|
$ 1,817,372
|
273,935
|
$ 1,817,372
|
$ 1,651,272
|
$ 3,049,017
|
$ 2,173,123
|
$ 3,019,739
|
Cash |
$ 2,134,182
|
|
$ 2,134,182
|
|
|
|
|
|
X |
- References
+ Details
Name: |
us-gaap_AccountingPoliciesAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section 45 -Paragraph 21 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480555/946-210-45-21
Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section 45 -Paragraph 20 -SubTopic 210 -Topic 946 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480555/946-210-45-20
+ Details
Name: |
us-gaap_Cash |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionAmount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 24 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-24
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-25
+ Details
Name: |
us-gaap_NetCashProvidedByUsedInOperatingActivities |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe portion of profit or loss for the period, net of income taxes, which is attributable to the parent.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482765/220-10-50-6
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-1
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 815 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 1 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480175/815-40-65-1
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-8
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-9
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 11 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-11
Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Topic 250 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483443/250-10-50-4
Reference 13: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-10
Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section 45 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483581/946-220-45-7
Reference 15: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(18)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483586/944-220-S99-1
Reference 16: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 17: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(9)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-1
Reference 18: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(1)(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 19: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 20: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 21: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 22: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 23: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1A -Subparagraph (SX 210.13-01(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1A
Reference 24: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(i)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 25: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(A)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 26: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iii)(B)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 27: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(4)(iv)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 28: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1B -Subparagraph (SX 210.13-02(a)(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480097/470-10-S99-1B
Reference 29: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 30: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 31: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 60B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482689/260-10-45-60B
Reference 32: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 31 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-31
Reference 33: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 34: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483499/205-20-50-7
Reference 35: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 230 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
Reference 36: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1A -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1A
Reference 37: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482790/220-10-45-1B
Reference 38: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(20)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483621/220-10-S99-2
Reference 39: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(22)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483589/942-220-S99-1
+ Details
Name: |
us-gaap_NetIncomeLoss |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 852 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481372/852-10-55-10
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-12
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-04(19)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.6-05(4)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479617/946-210-S99-2
Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(6)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(7)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(g)(1)(ii)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1
Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 825 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 28 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-28
Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(31)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 13: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(30)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 14: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 310 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 4.E) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480418/310-10-S99-2
+ Details
Name: |
us-gaap_StockholdersEquity |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
v3.23.2
Schedule of Disaggregation of Revenue (Details) - USD ($)
|
3 Months Ended |
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Product Information [Line Items] |
|
|
|
|
Revenue |
$ 721,488
|
$ 1,811,154
|
$ 1,533,199
|
$ 2,570,934
|
Sales Channel, Directly to Consumer [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
276,981
|
273,280
|
659,657
|
596,077
|
Business to Business [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
444,507
|
1,524,934
|
873,542
|
1,953,709
|
Other [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
|
12,940
|
|
21,148
|
Restaurant Coupons [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
609,703
|
1,695,648
|
1,307,916
|
2,329,869
|
Restaurant Coupons [Member] | Sales Channel, Directly to Consumer [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
165,196
|
157,774
|
453,374
|
355,012
|
Restaurant Coupons [Member] | Business to Business [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
444,507
|
1,524,934
|
873,542
|
1,953,709
|
Restaurant Coupons [Member] | Other [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
|
12,940
|
|
21,148
|
Sale of Travel, Vacation and Merchandise [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
75,423
|
72,874
|
135,693
|
149,602
|
Sale of Travel, Vacation and Merchandise [Member] | Sales Channel, Directly to Consumer [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
75,423
|
72,874
|
135,693
|
149,602
|
Sale of Travel, Vacation and Merchandise [Member] | Business to Business [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
|
|
|
|
Sale of Travel, Vacation and Merchandise [Member] | Other [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
|
|
|
|
Advertising [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
36,362
|
42,632
|
89,590
|
91,463
|
Advertising [Member] | Sales Channel, Directly to Consumer [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
36,362
|
42,632
|
89,590
|
91,463
|
Advertising [Member] | Business to Business [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
|
|
|
|
Advertising [Member] | Other [Member] |
|
|
|
|
Product Information [Line Items] |
|
|
|
|
Revenue |
|
|
|
|
X |
- DefinitionAmount, excluding tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value added and excise.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 924 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SAB Topic 11.L) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479941/924-10-S99-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 30 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-30
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 40 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-40
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 22 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-22
Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 32 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-32
Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 41 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-41
Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-4
+ Details
Name: |
us-gaap_RevenueFromContractWithCustomerExcludingAssessedTax |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_ContractWithCustomerSalesChannelAxis=us-gaap_SalesChannelDirectlyToConsumerMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ContractWithCustomerSalesChannelAxis=RSTN_BusinessToBusinessMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ContractWithCustomerSalesChannelAxis=RSTN_OtherMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_ProductOrServiceAxis=RSTN_RestaurantCouponsMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_ProductOrServiceAxis=RSTN_SaleOfTravelVacationAndMerchandiseMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_ProductOrServiceAxis=us-gaap_AdvertisingMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Schedule of Anti- dilutive Securities Excluded from Computation of Earning Loss Per Share (Details) - shares
|
6 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |
|
|
Anti-dilutive securities |
1,152,217
|
692,541
|
Convertible Debt Securities [Member] |
|
|
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |
|
|
Anti-dilutive securities |
25,758
|
23,758
|
Common Stock Issuable [Member] |
|
|
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |
|
|
Anti-dilutive securities |
383,343
|
|
Common Stock Warrants [Member] |
|
|
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |
|
|
Anti-dilutive securities |
|
20,667
|
Common Stock Options [Member] |
|
|
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] |
|
|
Anti-dilutive securities |
743,116
|
648,116
|
X |
- DefinitionSecurities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1
+ Details
Name: |
us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
+ Details
Name: |
us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis=us-gaap_ConvertibleDebtSecuritiesMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis=RSTN_CommonStockIssuableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis=RSTN_CommonStockWarrantsMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareByAntidilutiveSecuritiesAxis=RSTN_CommonStockOptionsMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Significant Accounting Policies (Details Narrative) - USD ($)
|
6 Months Ended |
12 Months Ended |
Jun. 30, 2023 |
Jun. 30, 2022 |
Dec. 31, 2022 |
Product Information [Line Items] |
|
|
|
Discounted deals on online purchase |
$ 25
|
|
|
Purchase from restaurant |
50
|
|
|
Advertising expense |
$ 136,261
|
$ 247,759
|
|
Customer Concentration Risk [Member] | Accounts Receivable [Member] | Two Customers [Member] |
|
|
|
Product Information [Line Items] |
|
|
|
Concentration risk, percentage |
10.00%
|
|
|
Customer Concentration Risk [Member] | Accounts Receivable [Member] | One Customer [Member] |
|
|
|
Product Information [Line Items] |
|
|
|
Concentration risk, percentage |
|
|
10.00%
|
Customer Concentration Risk [Member] | Accounts Payable [Member] | Three Vendors [Member] |
|
|
|
Product Information [Line Items] |
|
|
|
Concentration risk, percentage |
10.00%
|
|
10.00%
|
Customer Concentration Risk [Member] | Revenue, Rights Granted [Member] | No Customers [Member] |
|
|
|
Product Information [Line Items] |
|
|
|
Concentration risk, percentage |
10.00%
|
|
10.00%
|
Customer Concentration Risk [Member] | Inventory Related [Member] | No Vendors [Member] |
|
|
|
Product Information [Line Items] |
|
|
|
Concentration risk, percentage |
10.00%
|
|
10.00%
|
X |
- DefinitionDiscounted deals on online purchase.
+ References
+ Details
Name: |
RSTN_DiscountedDealsOnOnlinePurchase |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionPurchase from restaurant.
+ References
+ Details
Name: |
RSTN_PurchaseFromRestaurant |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount charged to advertising expense for the period, which are expenses incurred with the objective of increasing revenue for a specified brand, product or product line.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 720 -SubTopic 35 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483406/720-35-50-1
+ Details
Name: |
us-gaap_AdvertisingExpense |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionFor an entity that discloses a concentration risk in relation to quantitative amount, which serves as the "benchmark" (or denominator) in the equation, this concept represents the concentration percentage derived from the division.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 42 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482810/280-10-50-42
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-21
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482907/825-10-50-20
Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 18 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482861/275-10-50-18
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 275 -SubTopic 10 -Section 50 -Paragraph 20 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482861/275-10-50-20
+ Details
Name: |
us-gaap_ConcentrationRiskPercentage1 |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_ConcentrationRiskByTypeAxis=us-gaap_CustomerConcentrationRiskMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsReceivableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_MajorCustomersAxis=RSTN_TwoCustomersMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_MajorCustomersAxis=RSTN_OneCustomerMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_AccountsPayableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_MajorCustomersAxis=RSTN_ThreeVendorsMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_ConcentrationRiskByBenchmarkAxis=us-gaap_RevenueRightsGrantedMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_MajorCustomersAxis=RSTN_NoCustomersMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_MajorCustomersAxis=RSTN_NoVendorsMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Right-of-Use Assets and Operating Lease Liabilities (Details Narrative) - USD ($)
|
|
6 Months Ended |
|
Dec. 31, 2022 |
Jun. 30, 2023 |
Apr. 30, 2023 |
Right-of-use Assets And Operating Lease Liabilities |
|
|
|
Right of use asset |
$ 52,608
|
$ 286,418
|
$ 293,798
|
Lease term |
36 months
|
|
|
Average base rent |
$ 7,500
|
|
|
Changes in operating lease right of use asset |
|
59,988
|
|
Operating lease liabilities |
$ 59,328
|
|
|
Operating lease liabilities payment |
|
39,040
|
|
Right of use operating lease liabilities |
|
$ 314,086
|
|
X |
- References
+ Details
Name: |
RSTN_DisclosureRightofuseAssetsAndOperatingLeaseLiabilitiesAbstract |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIncrease decrease in operating lease asset.
+ References
+ Details
Name: |
RSTN_IncreaseDecreaseInOperatingLeaseAsset |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line.
+ References
+ Details
Name: |
us-gaap_LeaseAndRentalExpense |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionTerm of lessor's operating lease, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-3
+ Details
Name: |
us-gaap_LessorOperatingLeaseTermOfContract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:durationItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionAmount of operating lease expense. Excludes sublease income.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-4
+ Details
Name: |
us-gaap_OperatingLeaseExpense |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionPresent value of lessee's discounted obligation for lease payments from operating lease.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1
+ Details
Name: |
us-gaap_OperatingLeaseLiability |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of cash outflow from operating lease, excluding payments to bring another asset to condition and location necessary for its intended use.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 5 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-5
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (g)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4
+ Details
Name: |
us-gaap_OperatingLeasePayments |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount of lessee's right to use underlying asset under operating lease.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479041/842-20-45-1
+ Details
Name: |
us-gaap_OperatingLeaseRightOfUseAsset |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
v3.23.2
Schedule of Convertible Debt (Details) - USD ($)
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Business Combination, Separately Recognized Transactions [Line Items] |
|
|
Total principal and accrued interest |
$ 38,637
|
$ 37,137
|
Reverse Merger [Member] |
|
|
Business Combination, Separately Recognized Transactions [Line Items] |
|
|
Total principal balance |
20,000
|
20,000
|
Accrued interest |
18,637
|
17,137
|
Total principal and accrued interest |
$ 38,637
|
$ 37,137
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
+ Details
Name: |
us-gaap_BusinessCombinationSeparatelyRecognizedTransactionsLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIncluding the current and noncurrent portions, carrying amount of debt identified as being convertible into another form of financial instrument (typically the entity's common stock) as of the balance sheet date, which originally required full repayment more than twelve months after issuance or greater than the normal operating cycle of the company.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_ConvertibleDebt |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionFace (par) amount of debt instrument at time of issuance.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8
+ Details
Name: |
us-gaap_DebtInstrumentFaceAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of interest payable on debt, including, but not limited to, trade payables.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(15)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_InterestPayableCurrentAndNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- Details
Name: |
us-gaap_BusinessCombinationSeparatelyRecognizedTransactionsAxis=RSTN_ReverseMergerMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Convertible Note Payable- Past Due (Details Narrative) - Merger Agreement [Member] - Convertible Debt [Member] - USD ($)
|
6 Months Ended |
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Short-Term Debt [Line Items] |
|
|
Debt Instrument, Face Amount |
$ 20,000
|
|
Interest rate |
15.00%
|
|
Interest Payable |
$ 18,637
|
$ 17,137
|
Shares Issued, Price Per Share |
$ 1.50
|
|
Debt Conversion, Converted Instrument, Shares Issued |
25,758
|
|
X |
- DefinitionThe number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-3
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482913/230-10-50-5
+ Details
Name: |
us-gaap_DebtConversionConvertedInstrumentSharesIssued1 |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFace (par) amount of debt instrument at time of issuance.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8
+ Details
Name: |
us-gaap_DebtInstrumentFaceAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionContractual interest rate for funds borrowed, under the debt agreement.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_DebtInstrumentInterestRateStatedPercentage |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionAmount of interest payable on debt, including, but not limited to, trade payables.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(15)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_InterestPayableCurrentAndNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionPer share or per unit amount of equity securities issued.
+ References
+ Details
Name: |
us-gaap_SharesIssuedPricePerShare |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
+ Details
Name: |
us-gaap_ShortTermDebtLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_TypeOfArrangementAxis=RSTN_MergerAgreementMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_DebtInstrumentAxis=us-gaap_ConvertibleDebtMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Schedule of Acquisition Notes Payable (Details) - USD ($)
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Short-Term Debt [Line Items] |
|
|
Less current portion |
$ (34,066)
|
$ (1,798,478)
|
GameIQ Acquisition Corp., Inc [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Total principal balance |
115,104
|
127,788
|
Accrued interest |
638
|
688
|
Acquisition Note Payable [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Total principal balance |
115,104
|
1,627,778
|
Accrued interest |
638
|
252,194
|
Total principal and accrued interest |
115,742
|
1,879,972
|
Less current portion |
(34,066)
|
(1,798,478)
|
Non-current portion |
81,676
|
81,494
|
Acquisition Note Payable [Member] | GameIQ Acquisition Corp., Inc [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Total principal balance |
115,104
|
127,778
|
Acquisition Note Payable [Member] | Restaurant.com, Inc. [Member] |
|
|
Short-Term Debt [Line Items] |
|
|
Total principal balance |
|
$ 1,500,000
|
X |
- DefinitionFace (par) amount of debt instrument at time of issuance.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8
+ Details
Name: |
us-gaap_DebtInstrumentFaceAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of interest payable on debt, including, but not limited to, trade payables.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(15)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_InterestPayableCurrentAndNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionCarrying value as of the balance sheet date of notes payable (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_LongTermNotesPayable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionIncluding the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_NotesPayable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionSum of the carrying values as of the balance sheet date of the portions of long-term notes payable due within one year or the operating cycle if longer.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_NotesPayableCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ References
+ Details
Name: |
us-gaap_ShortTermDebtLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_BusinessAcquisitionAxis=RSTN_GameIQAcquisitionCorpIncMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_DebtInstrumentAxis=RSTN_AcquisitionNotePayableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_BusinessAcquisitionAxis=RSTN_RestaurantComIncMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Notes Payable, Acquisitions (Details Narrative) - USD ($)
|
|
|
|
6 Months Ended |
|
|
Mar. 01, 2023 |
Feb. 01, 2022 |
Mar. 01, 2020 |
Jun. 30, 2023 |
Mar. 02, 2023 |
Dec. 31, 2022 |
Common Stock [Member] |
|
|
|
|
|
|
Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
Convertible shares |
554,859
|
|
|
554,859
|
|
|
Restaurant.com Acquisition Note Payable [Member] |
|
|
|
|
|
|
Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
Interest rate |
|
|
6.00%
|
|
|
|
Maturity date |
|
|
Mar. 01, 2023
|
|
|
|
Debt instrument face amount |
|
|
$ 1,500,000
|
|
$ 1,770,000
|
$ 1,500,000
|
Accrued interest payable |
|
|
|
|
|
251,507
|
Notes payable principal balance |
$ 1,770,000
|
|
|
|
|
|
GameIQ Acquisition Corp., Inc [Member] |
|
|
|
|
|
|
Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
Interest rate |
|
1.00%
|
|
|
|
|
Maturity date |
|
Feb. 01, 2025
|
|
|
|
|
Debt instrument face amount |
|
|
|
$ 115,104
|
|
127,788
|
Accrued interest payable |
|
|
|
638
|
|
$ 688
|
Debt instrument face amount |
|
|
|
$ 12,674
|
|
|
GameIQ Acquisition Corp., Inc [Member] | Holder One [Member] |
|
|
|
|
|
|
Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
Notes payable |
|
$ 78,813
|
|
|
|
|
GameIQ Acquisition Corp., Inc [Member] | Holder Two [Member] |
|
|
|
|
|
|
Restructuring Cost and Reserve [Line Items] |
|
|
|
|
|
|
Notes payable |
|
$ 62,101
|
|
|
|
|
X |
- DefinitionDebt instrument convertible shares.
+ References
+ Details
Name: |
RSTN_DebtInstrumentConvertibleShares |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionCarrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_AccruedLiabilitiesCurrentAndNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionAmount of liabilities incurred by the acquirer as part of consideration transferred in a business combination.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(3) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479581/805-30-50-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 30 -Section 25 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479668/805-30-25-5
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 8 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479637/805-30-30-8
Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 7 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479637/805-30-30-7
+ Details
Name: |
us-gaap_BusinessCombinationConsiderationTransferredLiabilitiesIncurred |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionFace (par) amount of debt instrument at time of issuance.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8
+ Details
Name: |
us-gaap_DebtInstrumentFaceAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionContractual interest rate for funds borrowed, under the debt agreement.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_DebtInstrumentInterestRateStatedPercentage |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionDate when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 820 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (bbb)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482106/820-10-50-2
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_DebtInstrumentMaturityDate |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:dateItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of the required periodic payments applied to principal.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_DebtInstrumentPeriodicPaymentPrincipal |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionAmount of interest payable on debt, including, but not limited to, trade payables.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(15)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_InterestPayableCurrentAndNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionIncluding the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_NotesPayable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(b)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SAB Topic 5.P.4(d)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479823/420-10-S99-2
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 420 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482017/420-10-50-1
+ Details
Name: |
us-gaap_RestructuringCostAndReserveLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_DebtInstrumentAxis=RSTN_RestaurantComAcquisitionNotePayableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_BusinessAcquisitionAxis=RSTN_GameIQAcquisitionCorpIncMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=RSTN_HolderOneMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=RSTN_HolderTwoMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Schedule of Notes Payable (Details) - USD ($)
|
Jun. 30, 2023 |
Dec. 31, 2022 |
Financing Receivable, Credit Quality Indicator [Line Items] |
|
|
Accrued interest |
$ 38,098
|
$ 45,541
|
Total principal and accrued interest |
699,133
|
706,576
|
Less current portion |
(39,876)
|
(15,217)
|
Non-current portion |
659,257
|
691,359
|
Economic Injury Disaster Loans [Member] |
|
|
Financing Receivable, Credit Quality Indicator [Line Items] |
|
|
Economic Injury/Disaster Loans |
$ 661,035
|
$ 661,035
|
X |
- DefinitionAccrued interest payable.
+ References
+ Details
Name: |
RSTN_AccruedInterestPayable |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionGovernment assistance notes payable current portion.
+ References
+ Details
Name: |
RSTN_GovernmentAssistanceNotesPayableCurrentPortion |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionGovernment assistance notes payable including net of current portion.
+ References
+ Details
Name: |
RSTN_GovernmentAssistanceNotesPayableIncludingNetOfCurrentPortion |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionTotal principal and accrued interest.
+ References
+ Details
Name: |
RSTN_TotalPrincipalAndAccruedInterest |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 79 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479294/326-20-55-79
+ Details
Name: |
us-gaap_FinancingReceivableRecordedInvestmentLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionIncluding the current and noncurrent portions, carrying value as of the balance sheet date of all notes and loans payable (with maturities initially due after one year or beyond the operating cycle if longer).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -SubTopic 10 -Topic 210 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(2)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 942 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_NotesAndLoansPayable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- Details
Name: |
us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesAxis=RSTN_EconomicInjuryDisasterLoansMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Government Assistance Notes Payable -SBA Loans (Details Narrative) - Economic Injury Disaster Loans [Member] - USD ($)
|
12 Months Ended |
|
|
|
Dec. 31, 2021 |
Dec. 31, 2020 |
Jun. 30, 2023 |
Dec. 31, 2022 |
Jan. 31, 2022 |
Financing Receivable, Credit Quality Indicator [Line Items] |
|
|
|
|
|
Accrued interest |
|
|
$ 38,098
|
$ 45,541
|
|
Debt instrument interest rate |
3.75%
|
3.75%
|
|
|
|
Repayment of principal and interest in notes payable |
$ 3,500
|
$ 3,500
|
|
|
|
Debt instrument term |
30 years
|
30 years
|
|
|
|
Notes payable outstanding |
|
|
$ 661,035
|
$ 661,035
|
|
SBA [Member] |
|
|
|
|
|
Financing Receivable, Credit Quality Indicator [Line Items] |
|
|
|
|
|
Proceeds from loans |
$ 650,000
|
$ 650,000
|
|
|
|
Total principal balance |
|
|
|
|
$ 14,500
|
Accrued interest |
|
|
|
|
$ 900
|
X |
- DefinitionFace (par) amount of debt instrument at time of issuance.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8
+ Details
Name: |
us-gaap_DebtInstrumentFaceAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionContractual interest rate for funds borrowed, under the debt agreement.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_DebtInstrumentInterestRateStatedPercentage |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionPeriod of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
+ References
+ Details
Name: |
us-gaap_DebtInstrumentTerm |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:durationItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479319/326-20-50-5
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 326 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 79 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479294/326-20-55-79
+ Details
Name: |
us-gaap_FinancingReceivableRecordedInvestmentLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of interest payable on debt, including, but not limited to, trade payables.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 210 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(15)(a)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479440/944-210-S99-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.15(5)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479853/942-210-S99-1
+ Details
Name: |
us-gaap_InterestPayableCurrentAndNoncurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionSum of the carrying values as of the balance sheet date of the portions of all long-term notes and loans payable due within one year or the operating cycle if longer.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19,20) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_NotesAndLoansPayableCurrent |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionCash received from principal payments made on loans related to operating activities.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 25 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-25
+ Details
Name: |
us-gaap_ProceedsFromLoans |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe cash outflow for a borrowing having initial term of repayment within one year or the normal operating cycle, if longer.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-15
+ Details
Name: |
us-gaap_RepaymentsOfShortTermDebt |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_LoansInsuredOrGuaranteedByGovernmentAuthoritiesAxis=RSTN_EconomicInjuryDisasterLoansMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_LineOfCreditFacilityAxis=RSTN_SBAMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Summary of Stock Options (Details)
|
6 Months Ended |
Jun. 30, 2023
$ / shares
shares
|
Equity [Abstract] |
|
Number of Options beginning balance outstanding | shares |
648,116
|
Number of Options balance exercisable | $ / shares |
$ 4.59
|
Number of Options, granted | shares |
95,000
|
Weighted Average Exercise Price, Options granted | $ / shares |
$ 3.35
|
Number of Options, exercised | shares |
|
Weighted Average Exercise Price, Options exercised | $ / shares |
|
Number of Options expired or forfeited | shares |
|
Weighted Average Exercise Price, Options expired or forfeited | $ / shares |
|
Number of Options ending balance outstanding | shares |
743,116
|
Weighted Average Exercise Price Options ending balance outstanding | $ / shares |
$ 4.43
|
Number of Options balance exercisable | shares |
548,686
|
Weighted Average Exercise Price Options balance exercisable | $ / shares |
$ 5.30
|
X |
- DefinitionShare based compensation arrangement byshare based payment award non option equity instruments granted weighted average exercise price.
+ References
+ Details
Name: |
RSTN_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedWeightedAverageExercisePrice |
Namespace Prefix: |
RSTN_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- References
+ Details
Name: |
us-gaap_EquityAbstract |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionThe weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionFor presentations that combine terminations, the number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan or that expired.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionWeighted average price of options that were either forfeited or expired.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionGross number of share options (or share units) granted during the period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(01) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of options outstanding, including both vested and non-vested options.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(ii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionWeighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(ii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionWeighted average price at which option holders acquired shares when converting their stock options into shares.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(02) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionWeighted average per share amount at which grantees can acquire shares of common stock by exercise of options.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(01) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of share options (or share units) exercised during the current period.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(02) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
v3.23.2
Stockholder’s Deficit (Details Narrative) - USD ($)
|
|
|
|
3 Months Ended |
6 Months Ended |
12 Months Ended |
|
|
Apr. 01, 2023 |
Mar. 01, 2023 |
Apr. 01, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Jun. 30, 2023 |
Jun. 30, 2022 |
Dec. 31, 2022 |
Mar. 02, 2023 |
Mar. 01, 2020 |
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Proceeds from issuance or sale of equity |
|
|
|
|
|
$ 2,005,000
|
|
|
|
|
Stock issued during period, shares, new issues |
|
|
|
|
|
1,002,500
|
|
|
|
|
Sale of stock price per share |
|
|
|
$ 2.00
|
|
$ 2.00
|
|
|
|
|
Issuance of common stock granted, shares |
|
|
|
|
|
95,000
|
|
|
|
|
Fair value of shares issued for services |
|
|
|
$ 523,500
|
$ 210,509
|
$ 523,500
|
$ 210,509
|
|
|
|
Fair value of vested restricted stock units for directors, shares |
|
|
|
|
|
480,000
|
|
|
|
|
Stock options fair value |
$ 1,005,000
|
|
|
|
|
|
|
|
|
|
Exercise price of vested options for subsequent date |
33.00%
|
|
|
|
|
|
|
|
|
|
Number of stock options issued with exercise price |
95,000
|
|
|
|
|
|
|
|
|
|
Stock issued during period, value, new issues |
|
|
|
|
|
$ 383,000
|
|
$ 383,000
|
|
|
Number of options exercisable |
95,000
|
|
|
548,686
|
|
548,686
|
|
|
|
|
Share-based payment award, fair value assumptions, exercise price |
$ 3.35
|
|
|
$ 3.00
|
|
$ 3.00
|
|
|
|
|
Share-based payment award, fair value assumptions, expected term |
|
|
|
|
|
3 years
|
|
|
|
|
Expected volatility |
|
|
|
|
|
203.00%
|
|
|
|
|
Expected dividend yield |
|
|
|
|
|
0.00%
|
|
|
|
|
Risk-free interest rate |
|
|
|
|
|
2.61%
|
|
|
|
|
Fair value of vested options |
|
|
|
|
|
$ 163,990
|
$ 119,496
|
|
|
|
Share-based payment arrangement |
|
|
|
|
|
229,881
|
|
|
|
|
Exercisable common stock options |
|
|
|
$ 591,936
|
|
591,936
|
|
|
|
|
Restricted Stock Units (RSUs) [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Share issued price per share |
$ 3.35
|
|
|
|
|
|
|
|
|
|
Stock options fair value |
$ 294,000
|
|
|
|
|
|
|
|
|
|
Number of stock options issued with exercise price |
|
|
335,000
|
|
|
|
|
|
|
|
Stock Price [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Share issued price per share |
$ 3.35
|
|
|
|
|
|
|
|
|
|
Director [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Issuance of common stock granted, shares |
|
|
|
|
|
|
|
720,000
|
|
|
Fair value of common stock granted |
|
|
|
|
|
|
|
$ 360,000
|
|
|
Share issued price per share |
|
|
|
|
|
|
|
$ 0.50
|
|
|
Number of shares issued for services |
|
|
|
|
|
|
|
240,000
|
|
|
Fair value of shares issued for services |
|
|
|
|
|
|
|
$ 220,000
|
|
|
Unvested compensation |
|
|
|
140,000
|
|
140,000
|
|
$ 140,000
|
|
|
Employees [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Share issued price per share |
|
|
|
|
|
|
|
$ 0.50
|
|
|
Unvested compensation |
|
|
|
$ 19,445
|
|
$ 19,445
|
|
|
|
|
Issuance of restricted stock, shares |
100,000
|
|
|
|
|
|
|
150,500
|
|
|
Fair value of restricted stock granted |
|
|
|
|
|
|
|
$ 75,250
|
|
|
Restricted stock issued for service, shares |
|
|
|
|
|
|
|
83,833
|
|
|
Fair value of restricted stock issued for service |
|
|
|
|
|
|
|
$ 55,620
|
|
|
Restricted Stock Employees [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Issuance of restricted stock, shares |
300,000
|
|
|
|
|
|
|
|
|
|
Chief Executive Officer [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Issuance of restricted stock, shares |
200,000
|
|
|
|
|
|
|
|
|
|
Consultants for Services [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Share issued price per share |
|
|
|
$ 3.49
|
|
$ 3.49
|
|
|
|
|
Number of shares issued for services |
|
|
|
|
|
150,000
|
|
|
|
|
Fair value of shares issued for services |
|
|
|
|
|
$ 523,500
|
|
|
|
|
Common Stock [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Stock issued during period, shares, new issues |
|
|
|
|
|
383,343
|
|
383,343
|
|
|
Convertible shares |
|
554,859
|
|
|
|
554,859
|
|
|
|
|
Number of shares issued for services |
|
|
|
150,000
|
189,784
|
150,000
|
189,784
|
|
|
|
Fair value of shares issued for services |
|
|
|
$ 150
|
$ 190
|
$ 150
|
$ 190
|
|
|
|
Fair value of vested restricted stock units for directors, shares |
|
|
|
480,000
|
|
480,000
|
|
|
|
|
Remaining shares issued |
|
|
|
|
|
66,667
|
240,000
|
|
|
|
Fair value of vested restricted stock units for employees, shares |
|
|
|
166,667
|
|
166,667
|
|
|
|
|
Share-based payment award, fair value assumptions, expected term |
|
|
|
|
|
5 years 6 months 10 days
|
|
|
|
|
Common Stock [Member] | Restricted Stock Units (RSUs) [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Fair value of vested restricted stock units for employees, shares |
|
|
|
|
|
100,000
|
|
|
|
|
Restaurant.com Acquisition Note Payable [Member] |
|
|
|
|
|
|
|
|
|
|
Accumulated Other Comprehensive Income (Loss) [Line Items] |
|
|
|
|
|
|
|
|
|
|
Debt instrument face amount |
|
|
|
|
|
|
|
$ 1,500,000
|
$ 1,770,000
|
$ 1,500,000
|
X |
- DefinitionDebt instrument convertible shares.
+ References
+ Details
Name: |
RSTN_DebtInstrumentConvertibleShares |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFair value of vested options
+ References
+ Details
Name: |
RSTN_FairValueOfVestedOptions |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionRestricted stock grants fair value.
+ References
+ Details
Name: |
RSTN_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodFairValue |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares fair value of vested restricted stock units for directors.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesFairValueOfVestedRestrictedStockUnitsForDirectors |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionStock issued during period shares fair value of vested restricted stock units for employees
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesFairValueOfVestedRestrictedStockUnitsForEmployees |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionRestricted stock shares for service.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodSharesRestrictedSharesIssuedForServices |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionRestricted stock values for service.
+ References
+ Details
Name: |
RSTN_StockIssuedDuringPeriodValuesRestrictedSharesIssuedForServices |
Namespace Prefix: |
RSTN_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionLine items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482765/220-10-50-4
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482765/220-10-50-5
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-1
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 17 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-17
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20
Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20
Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20
Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 20 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481694/830-30-45-20
+ Details
Name: |
us-gaap_AccumulatedOtherComprehensiveIncomeLossLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionFace (par) amount of debt instrument at time of issuance.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 835 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482900/835-30-50-1
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481139/470-20-50-1B
Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69B -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69B
Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 470 -SubTopic 20 -Name Accounting Standards Codification -Section 55 -Paragraph 69C -Publisher FASB -URI https://asc.fasb.org//1943274/2147481568/470-20-55-69C
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482925/835-30-45-2
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482949/835-30-55-8
+ Details
Name: |
us-gaap_DebtInstrumentFaceAmount |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
instant |
|
X |
- DefinitionThe cash inflow from the issuance of common stock, preferred stock, treasury stock, stock options, and other types of equity.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 14 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-14
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-03(i)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3
+ Details
Name: |
us-gaap_ProceedsFromIssuanceOrSaleOfEquity |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionPer share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction.
+ References
+ Details
Name: |
us-gaap_SaleOfStockPricePerShare |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionAmount of noncash expense for share-based payment arrangement.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 45 -Paragraph 28 -Subparagraph (a) -SubTopic 10 -Topic 230 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-28
+ Details
Name: |
us-gaap_ShareBasedCompensation |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
duration |
|
X |
- DefinitionThe number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(01) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAgreed-upon price for the exchange of the underlying asset relating to the share-based payment award.
+ References
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionThe estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe risk-free interest rate assumption that is used in valuing an option on its own shares.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNet number of non-option equity instruments granted to participants.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(1) -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionThe number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iii) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionGross number of share options (or share units) granted during the period.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(01) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionPercentage of vesting of award under share-based payment arrangement.
+ ReferencesReference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardAwardVestingRightsPercentage |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionExpected term of award under share-based payment arrangement, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1 |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:durationItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAmount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1 |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
debit |
Period Type: |
instant |
|
X |
- DefinitionFair value of options vested. Excludes equity instruments other than options, for example, but not limited to, share units, stock appreciation rights, restricted stock.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (d)(2) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2
+ Details
Name: |
us-gaap_SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1 |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionPer share or per unit amount of equity securities issued.
+ References
+ Details
Name: |
us-gaap_SharesIssuedPricePerShare |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:perShareItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionValue, after forfeiture, of shares granted under share-based payment arrangement. Excludes employee stock ownership plan (ESOP).
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 30 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480513/718-10-30-3
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 30 -Section 35 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480843/718-30-35-1
+ Details
Name: |
us-gaap_StockGrantedDuringPeriodValueSharebasedCompensation |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionNumber of shares issued in lieu of cash for services contributed to the entity. Number of shares includes, but is not limited to, shares issued for services contributed by vendors and founders.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesIssuedForServices |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of new stock issued during the period.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-2
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-03(i)(1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479886/946-10-S99-3
Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesNewIssues |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionNumber of shares of stock issued attributable to transactions classified as other.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesOther |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionValue of stock issued in lieu of cash for services contributed to the entity. Value of the stock issued includes, but is not limited to, services contributed by vendors and founders.
+ References
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodValueIssuedForServices |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionEquity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 946 -SubTopic 830 -Name Accounting Standards Codification -Section 55 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480167/946-830-55-11
Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 205 -Name Accounting Standards Codification -Section 45 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480767/946-205-45-4
Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481004/946-505-50-2
Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.6-09(4)(b)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147483575/946-220-S99-3
Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodValueNewIssues |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_AwardTypeAxis=us-gaap_RestrictedStockUnitsRSUMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_AwardTypeAxis=RSTN_StockPriceMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=srt_DirectorMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=RSTN_EmployeesMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=RSTN_RestrictedStockEmployeesMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=srt_ChiefExecutiveOfficerMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_TitleOfIndividualAxis=RSTN_ConsultantsForServicesMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementEquityComponentsAxis=us-gaap_CommonStockMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_DebtInstrumentAxis=RSTN_RestaurantComAcquisitionNotePayableMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
v3.23.2
Subsequent Events (Details Narrative) - Subsequent Event [Member]
|
Aug. 18, 2023
USD ($)
shares
|
Card Cash Exchange Inc [Member] |
|
Subsequent Event [Line Items] |
|
Ownership percent |
37.00%
|
Card Cash Exchange Inc [Member] |
|
Subsequent Event [Line Items] |
|
Payments to acquire business |
$ 2,000,000
|
Paid in future |
1,000,000
|
Paid in equity |
$ 1,000,000
|
Number of restricted shares | shares |
6,108,077
|
Number of restricted shares, value |
$ 27,700,000
|
X |
- DefinitionAmount of equity interests of the acquirer, including instruments or interests issued or issuable in consideration for the business combination.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 8 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479637/805-30-30-8
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 30 -Paragraph 7 -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479637/805-30-30-7
+ Details
Name: |
us-gaap_BusinessCombinationConsiderationTransferredEquityInterestsIssuedAndIssuable |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionAmount of tangible or intangible assets, including a business or subsidiary of the acquirer transferred by the entity to the former owners of the acquiree. Excludes cash.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(2) -SubTopic 30 -Topic 805 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479581/805-30-50-1
+ Details
Name: |
us-gaap_BusinessCombinationConsiderationTransferredOther1 |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionThe percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147481687/323-10-50-3
+ Details
Name: |
us-gaap_EquityMethodInvestmentOwnershipPercentage |
Namespace Prefix: |
us-gaap_ |
Data Type: |
dtr-types:percentItemType |
Balance Type: |
na |
Period Type: |
instant |
|
X |
- DefinitionThe cash outflow associated with the acquisition of business during the period. The cash portion only of the acquisition price.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 805 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (b)(1) -Publisher FASB -URI https://asc.fasb.org//1943274/2147479581/805-30-50-1
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 13 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482740/230-10-45-13
+ Details
Name: |
us-gaap_PaymentsToAcquireBusinessesGross |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionTotal number of shares issued during the period, including shares forfeited, as a result of Restricted Stock Awards.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodSharesRestrictedStockAwardGross |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:sharesItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionAggregate value of stock related to Restricted Stock Awards issued during the period.
+ ReferencesReference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Paragraph 2 -SubTopic 10 -Topic 505 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481112/505-10-50-2
Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 505 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480008/505-10-S99-1
Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480566/210-10-S99-1
+ Details
Name: |
us-gaap_StockIssuedDuringPeriodValueRestrictedStockAwardGross |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:monetaryItemType |
Balance Type: |
credit |
Period Type: |
duration |
|
X |
- DefinitionDetail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 830 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147481674/830-30-50-2
Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 855 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org//1943274/2147483399/855-10-50-2
+ Details
Name: |
us-gaap_SubsequentEventLineItems |
Namespace Prefix: |
us-gaap_ |
Data Type: |
xbrli:stringItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- Details
Name: |
us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
srt_ScheduleOfEquityMethodInvestmentEquityMethodInvesteeNameAxis=RSTN_CardCashExchangeIncMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_BusinessAcquisitionAxis=RSTN_CardCashExchangeIncMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
Rde (QB) (USOTC:RSTN)
Historical Stock Chart
From Apr 2024 to May 2024
Rde (QB) (USOTC:RSTN)
Historical Stock Chart
From May 2023 to May 2024