Blackboxstocks (BLBX) 10-K 15 Apr 20 2019 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Apr. 15, 2020	Jun. 30, 2019
Document Information [Line Items]
Entity Registrant Name	BLACKBOXSTOCKS INC.
Entity Central Index Key	0001567900
Current Fiscal Year End Date	--12-31
Entity Filer Category	Non-accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Entity Small Business	true
Entity Interactive Data Current	Yes
Entity Common Stock, Shares Outstanding (in shares)		7,958,236
Entity Public Float			$ 53,793,300
Entity Shell Company	false
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Document Fiscal Year Focus	2019
Document Fiscal Period Focus	FY
Amendment Flag	false
Title of 12(g) Security	Common Stock, par value $.001

Balance Sheets

Balance Sheets - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash	$ 21,172	$ 28,001
Accounts receivable, net of allowance for doubtful accounts of $68,589 at December 31, 2019 and 2018, respectively	5,745	3,719
Advances receivable, related parties (Note 5)	9,823
Total current assets	36,740	31,720
Property and equipment:
Software development, net of amortization of $9,000 and $7,312 at December 31, 2019 and 2018, respectively		1,688
Right of use lease, net of amortization of $51,009 at December 31, 2019	109,064
Total property and equipment	126,331	33,822
Long term assets:
Prepaid expenses	80,868	107,646
Prepaid expenses, related party (Note 5)	36,700	36,700
Total long term assets	117,568	144,346
Total Assets	280,639	209,888
Current liabilities:
Accounts payable	632,287	525,136
Accrued expenses		128,000
Accrued interest	42,566	834
Accrued interest, related party	16,680	2,080
Unearned subscriptions	189,007	90,034
Lease liability right of use, current	46,124
Other liabilities	180,000	180,000
Advances payable, related party (Note 5)		36,382
Convertible notes payable, net of discount of $13,859 as of December 31, 2019 (Note 8)	593,891
Notes payable, net of note discount of $38,294 and $25,435 at December 31, 2019 and 2018, respectively (Note 6)	218,138	165,889
Notes payable, related party (Note 7)	228,000	228,000
Derivative liability	1,405,530
Total current liabilities	3,552,223	1,356,355
Lease liability right of use, long term	66,715
Commitments and contingencies (Note 10)
Stockholders' Deficit:
Preferred stock
Common stock, $0.001 par value, 100,000,000 shares authorized: 7,908,231 and 7,678,047 issued and outstanding at December 31, 2019 and 2018, respectively	7,908	7,678
Common stock, subscribed	35,060	144,060
Additional paid in capital	3,443,640	2,543,264
Accumulated deficit	(6,829,907)	(3,846,469)
Total Stockholders' Deficit	(3,338,299)	(1,146,467)
Total Liabilities and Stockholders' Deficit	280,639	209,888
Series A Preferred Stock [Member]
Stockholders' Deficit:
Preferred stock	5,000	5,000
Internet Domain Names [Member]
Property and equipment:
Domain name, net of amortization of $9,551 and $3,821 at December 31, 2019 and 2018, respectively	7,641	13,371
Machinery and Equipment [Member]
Property and equipment:
Office, computer and related equipment, net of depreciation of $39,526 and $28,802 at December 31, 2019 and 2018, respectively	$ 9,626	$ 18,763

Balance Sheets (Parentheticals)

Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Accounts receivable, allowance for doubtful accounts	$ 68,589	$ 68,589
Software development, amortization	9,000	7,312
Right of use lease, amortizationProperty and equipment, amortization	$ 51,009
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	100,000,000	100,000,000
Common stock, shares issued (in shares)	7,908,231	7,678,047
Common stock, shares outstanding (in shares)	7,908,231	7,678,047
Series A Preferred Stock [Member]
Preferred stock, par value (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	5,000,000	5,000,000
Preferred stock, shares outstanding (in shares)	5,000,000	5,000,000
Convertible Notes Payable [Member]
Convertible notes payable, discount	$ 13,859
Notes Payable, Other Payables [Member]
Convertible notes payable, discount	38,294	25,435
Internet Domain Names [Member]
Domain name, amortization	9,551	3,821
Machinery and Equipment [Member]
Property and equipment, depreciation	$ 39,526	$ 28,802

Statement of Operations

Statement of Operations - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Revenue:
Revenues	$ 1,062,573	$ 692,803
Cost of operations	736,612	645,318
Gross margin	325,961	47,485
Expenses:
Software development costs	130,840	198,434
General and administrative	1,182,012	933,278
Depreciation and amortization	18,142	22,514
Total operating expenses	1,330,994	1,154,226
Operating loss	(1,005,033)	(1,106,741)
Interest expense	65,090	45,141
Convertible note financing	1,240,347
Loss on derivative liability	83,766
Default expense	57,750
Amortization of debt discount	531,452
Loss before income taxes	(2,983,438)	(1,151,882)
Income taxes
Net loss	$ (2,983,438)	$ (1,151,882)
Weighted average number of common shares outstanding - basic (in shares)	7,749,695	7,669,178
Net loss per share - basic (in dollars per share)	$ (0.38)	$ (0.15)
Subscription and Circulation [Member]
Revenue:
Revenues	$ 1,037,778	$ 687,653
Product and Service, Other [Member]
Revenue:
Revenues	$ 24,795	$ 5,150

Statement of Stockholders' Defi

Statement of Stockholders' Deficit - USD ($)	Preferred Stock [Member]Series A Preferred Stock [Member]	Preferred Stock [Member]	Common Stock [Member]	Common Stock, Subscribed [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Total
Balance (in shares) at Dec. 31, 2017	5,000,000		7,667,047
Balance at Dec. 31, 2017	$ 5,000		$ 7,667		$ 2,510,275	$ (2,694,587)	$ (171,645)
Issuance of shares for cash (in shares)			11,000
Issuance of shares for cash			$ 11		32,989		33,000
Common stock shares, subscribed				144,060			144,060
Net loss						(1,151,882)	(1,151,882)
Balance (in shares) at Dec. 31, 2018	5,000,000		7,678,047
Balance at Dec. 31, 2018	$ 5,000		$ 7,678	144,060	2,543,264	(3,846,469)	(1,146,467)
Issuance of shares for cash (in shares)			216,354
Issuance of shares for cash			$ 216	(109,000)	430,081		321,297
Net loss						(2,983,438)	(2,983,438)
Issuance of shares in settlement of accrued expenses (in shares)			13,830
Issuance of shares in settlement of accrued expenses			$ 14		127,986		128,000
Imputed discount on convertible notes payable (Note 8)					342,309		342,309
Balance (in shares) at Dec. 31, 2019	5,000,000		7,908,231
Balance at Dec. 31, 2019	$ 5,000		$ 7,908	$ 35,060	$ 3,443,640	$ (6,829,907)	$ (3,338,299)

Statements of Cash Flows

Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities
Net loss	$ (2,983,438)	$ (1,151,882)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization expense	18,142	22,514
Allowance for doubtful accounts		68,589
Amortization of note discount	531,452	29,756
Financing cost	26,396
Expenses paid by lender	27,385
Convertible note financing	1,240,347
Change in fair value of derivative liability	83,766
Convertible note default expense	57,750
Changes in operating assets and liabilities:
Accounts receivable	(2,026)	(67,197)
Prepaid expenses	26,778	95,332
Accounts payable	107,151	157,028
Accrued expenses		128,000
Accrued interest	41,732	834
Accrued interest, related party	14,600	2,080
Unearned subscriptions	98,973	62,673
Other liabilities		180,000
Net cash used in operating activities	(710,992)	(472,273)
Cash flows from investing activities
Purchases of property and equipment	(1,587)	(28,993)
Net cash used in investing activities	(1,587)	(28,993)
Cash flows from financing activities
Common stock issued for cash	321,297	33,000
Common stock subscribed		144,060
Proceeds from notes payable	251,455	330,130
Proceeds from convertible notes payable	473,725
Repayment of notes payable	(294,522)	(193,997)
Proceeds from notes payable, related party		228,000
Advances from others
Cash advances from related parties	109,342	126,000
Cash repayments to related parties	(155,547)	(146,081)
Net cash provided by financing activities	705,750	521,112
Net increase (decrease) in cash	(6,829)	19,846
Cash - beginning of period	28,001	8,155
Cash - end of period	21,172	28,001
Supplemental disclosures
Interest paid	2,000
Income taxes paid
Supplemental disclosure- Non-cash investing and financing activities:
Financing costs on funding agreements	84,445
Debt discount on convertible notes payable	131,417
Lease, right of use and liability	160,073
Discount on convertible notes payable	342,309
Common stock issued in settlement of accrued expenses	$ 128,000

Note 1 - Organization

Note 1 - Organization	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]	1. Blackboxstocks Inc. (the “Company”) was incorporated on October 4, 2011 11 On December 1, 2015, 88.64% On February 8, 2016, February 9, 2016), The Company filed a Certificate of Amendment to its Articles of Incorporation effective as of March 9, 2016, The Company is in the business of developing and marketing web and mobile based analytical software tools as a subscription based software as a service (the “Blackbox System”) to serve as a tool for day traders and swing traders on various securities exchanges and markets, including the OTC Markets Group, Inc. (“OTC”), the New York Stock Exchange, the NYSE American (formerly the American Stock Exchange), the NASDAQ markets, the Hong Kong Stock Exchange (“HKEX”), the Shanghai Stock Exchange (“SSE”) and the Shenzhen Stock Exchange (“SZSE”). The accompanying financial statements have been prepared in conformity with generally accepted accounting principles in the United States of America (“GAAP”), which contemplate continuation of the Company as a going concern, which is dependent upon the Company's ability to obtain sufficient financing or establish itself as a profitable business. At December 31, 2019, $6,829,907 December 31, 2019 2018, $2,983,438 $1,151,882, may no The financial statements do not

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation Use of Estimates Cash three Fair Value of Financial Instruments 820, Fair Value Measurement not may may Derivative Financial Instruments 820, Fair Value Measurement Recently Issued Accounting Pronouncements. During the years ended December 31, 2019 2018, not In February 2016, 2016 02, 12 January 1, 2019 $160,073 $46,124 $66,715 December 31, 2019. Property and Equipment April 2017 May 15, 2017 The Company’s property and equipment is being depreciated on the straight-line basis over an estimated useful life of three Income Taxes not not. Management evaluates the probability of the realization of its deferred income tax assets. Management determined that because the Company has not In accordance with ASC Topic 740, Income Taxes not Earnings or (Loss) Per Share December 31, 2019 2018, 5,311,667 5,000,000 Share-Based Payment 718, Compensation - Stock Compensation No December 31, 2019 2018. Revenue Recognition January 1, 2018, 2014 09, 606 no September 30, 2016. Other Liabilities not December 31, 2019, $180,000 Software Development Costs 985, August 2016, September 1, 2016. June 30, 2017. 985 Domain Name three three Marketing Costs December 31, 2019 2018, $261,470 $173,885 Prepaid Expenses Contingencies may may one may If the assessment of a contingency indicates it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not not

Note 3 - Stockholders' Deficit

Note 3 - Stockholders' Deficit	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Stockholders' Equity Note Disclosure [Text Block]	3. DEFICIT The Company has authorized 10,000,000 $0.001 5,000,000 $0.001 100,000,000 $0.001 Shares of Series A Convertible Preferred Stock do not one one 100 The Company announced and approved a reverse stock split effective July 15, 2019 1 3, 3 one During the year ended December 31, 2019, 30,833 $3.00 $92,500 3,333 $6,500 December 31, 2018. During the year ended December 31, 2019 3,334 $10,000 December 31, 2018. On April 10, 2019 51,282 5 33,333 $1.95 third $100,000. On or about May 7, 2019 25,641 third $1.95 $50,000. On or about May 22, 2019 12,821 5 6,410 $1.95 third $25,000. On or about June 4, 2019 51,282 5 25,641 $1.95 third $100,000. On August 29, 2019 12,821 5 6,411 $1.95 third $25,000. On November 27, 2019 25,000 5 12,500 $1.95 third $48,750.

Note 4 - Stock Options and Warr

Note 4 - Stock Options and Warrants	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	4. Costs attributable to the issuance of stock options and share purchase warrants are measured at fair value at the date of issuance and offset with a corresponding increase in ‘Additional Paid in Capital’ at the time of issuance. The fair value cost is computed utilizing the Black-Scholes model and assuming volatility based on U.S. Treasury yield rates for a similar period. The cost of these warrants was not When the options or warrants are exercised, the receipt of consideration is an increase in stockholders’ equity. Concurrently with certain of the securities purchase agreements entered into as described in Note 3 five $1.95 $560,935. no December 31, 2018 December 31, 2019, 84,295 Number of Shares Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2018 - - Issued during 2019 84,295 $1.95 Warrants as of December 31, 2019 84,295 $1.95 4.53

Note 5 - Related Party Transact

Note 5 - Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	5. During the year ended December 31, 2019, $109,342 January 1, 2019 $36,382 $155,547 $9,823 December 31, 2019. During the year ended December 31, 2019 $1,500 no During the years ended December 31, 2019 2018, two 1 2018. December 31, 2019 2018, $13,500 $45,000 G2 “G2” December 31, 2019 2018, $36,700 G2/IPA.

Note 6 - Notes Payable

Note 6 - Notes Payable	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Debt Disclosure [Text Block]	6. In October 2019 third $80,000 $761 May 2020. $31,600 $11,570 December 31, 2019. On September 13, 2019 third $90,000 $490, August 18, 2020. $27,000 $8,735 December 31, 2019. On April 2, 2019 $19,000 $315.56, August 8, 2019. $9,400 $9,400 December 31, 2019. On March 29, 2019 third $38,755 $460, September 12, 2019. $16,445 $16,445 December 31, 2019. On February 19, 2019 third $50,000 12% ninety May 20, 2019. $2,000 June 17, 2019 During the year ended December 31, 2018 third $121,821 $450 September 18, 2019. $55,190 $55,190 December 31, 2019. On June 26, 2018 third $8,309 18% 36 May 22, 2021. On August 8, 2018 third $200,000 12% November 20, 2018. first December 6, 2018, $100,000 $8,000 $108,000. $100,000 December 31, 2019, no

Note 7 - Notes Payable, Related

Note 7 - Notes Payable, Related Party	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Notes Payable, Related Party [Text Block]	7. On November 9, 2018, $120,000 12% ninety January 28, 2019. December 31, 2019 no $16,680 December 31, 2019. On December 6, 2018, $108,000 third 6

Note 8 - Convertible Notes Paya

Note 8 - Convertible Notes Payable	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Convertible Notes Payable [Text Block]	8. On May 21, 2019, 8% third $550,000, 10% $500,000. 10% 8%, 180 115% 91st first $350,000 no thirty not may $1.95 65% 15 December 31, 2019 $57,750. $207,308 $983,870 December 31, 2019. On July 17, 2019, 8% third $165,000, 10% $150,000. 10% 8%, 180 90 110%; 91st 180th 115%. may $1.95 not may 65% 15 $135,000. $421,660 December 31, 2019.

Note 9 - Derivative Liabilities

Note 9 - Derivative Liabilities	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Derivatives and Fair Value [Text Block]	9. During the year ended December 31, 2019, $550,000 820. December 31, 2019 Volatility 356.33 % Risk-free interest rate 1.52 % Expected dividends - Expected term (in years) .5 The Company determines the fair market values of its financial instruments based on the fair value hierarchy, which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. The following three may Level 1 Level 2 Level 3 The following table presents the Company’s liabilities that were measured and recognized at fair value as of December 31, 2019: Level 1 Level 2 Level 3 Balance January 1, 2019 $ - $ - $ - Additions - - 1,321,764 Change in fair value - - 83,766 Balance December 31, 2019 $ - $ - $ 1,405,530

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	10 . COMMITMENTS AND CONTINGENCIES The Company entered into a sublease agreement with G2 July 1, 2015 G2 1,502 5430 August 28, 2017, G2. September 19, 2017 336 1,838 September 30, 2022. January 1, 2019 842 December 31, 2019 2018 $54,631 $60,584, December 31, 2020 59,004 2021 61,800 2022 46,863 On June 18, 2018 July 1, 2018. twenty 24 $20,000 $15,000 twelve sixth 920,000 1.5% $500,000 12 December 18, 2018 September 30, 2019 13,830 $128,000 The Company engaged software design consulting services from a vendor for its Blackbox System which the Company found did not $29,523. $24,920 $2,200 $2,403. may $29,523 December 31, 2019. On March 6, 2019 $20,000 $5,000 $25,000 The Company is not

Note 11 - Income Taxes

Note 11 - Income Taxes	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Income Tax Disclosure [Text Block]	11 . INCOME TAXES The Company has established deferred tax assets and liabilities for the recognition of future deductions or taxable amounts and operating loss carry forwards. Deferred federal income tax expense or benefit is recognized as a result of the change in the deferred tax asset or liability during the year using the currently enacted tax laws and rates that apply to the period in which they are expected to affect taxable income. Valuation allowances are established, if necessary, to reduce deferred tax assets to the amounts that will more likely than not During the years ended December 31, 2019 2018, 21 2019 2018 Income tax benefit at statutory rate $ 627,000 $ 242,000 Permanent differences (21,000 ) ( 3,000 ) Change in valuation allowance (606,000 ) (239,000 ) Provision for federal income taxes $ - $ - At December 31, 2019, $5,242,731, may no may not 2038.

Note 12 - Subsequent Events

Note 12 - Subsequent Events	12 Months Ended
	Dec. 31, 2019
Notes to Financial Statements
Subsequent Events [Text Block]	12. On January 27, 2020 third $150,000 $1,035, November 3, 2020. $57,000 $39,000 third May 28, 2020. The Company issued 50,000 $1.95 January 27, 2020 third January 27, 2020. On February 13, 2020, June September 2019 $45,030 December 31, 2019. On March 13, 2020 third $25,000 $291.67, August 31, 2020. $12,500 On March 23, 2020 third $75,000 $25,000 52% $0.60, March 25, 2021.

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2019
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation
Use of Estimates, Policy [Policy Text Block]	Use of Estimates
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash three
Fair Value of Financial Instruments, Policy [Policy Text Block]	Fair Value of Financial Instruments 820, Fair Value Measurement not may may
Derivatives, Policy [Policy Text Block]	Derivative Financial Instruments 820, Fair Value Measurement
New Accounting Pronouncements, Policy [Policy Text Block]	Recently Issued Accounting Pronouncements. During the years ended December 31, 2019 2018, not In February 2016, 2016 02, 12 January 1, 2019 $160,073 $46,124 $66,715 December 31, 2019.
Property, Plant and Equipment, Policy [Policy Text Block]	Property and Equipment April 2017 May 15, 2017 The Company’s property and equipment is being depreciated on the straight-line basis over an estimated useful life of three
Income Tax, Policy [Policy Text Block]	Income Taxes not not. Management evaluates the probability of the realization of its deferred income tax assets. Management determined that because the Company has not In accordance with ASC Topic 740, Income Taxes not
Earnings Per Share, Policy [Policy Text Block]	Earnings or (Loss) Per Share December 31, 2019 2018, 5,311,667 5,000,000
Share-based Payment Arrangement [Policy Text Block]	Share-Based Payment 718, Compensation - Stock Compensation No December 31, 2019 2018.
Revenue from Contract with Customer [Policy Text Block]	Revenue Recognition January 1, 2018, 2014 09, 606 no September 30, 2016.
Other Liabilities [Policy Text Block]	Other Liabilities not December 31, 2019, $180,000
Research, Development, and Computer Software, Policy [Policy Text Block]	Software Development Costs 985, August 2016, September 1, 2016. June 30, 2017. 985
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Domain Name three three
Advertising Cost [Policy Text Block]	Marketing Costs December 31, 2019 2018, $261,470 $173,885
Prepaid Expenses [Policy Text Block]	Prepaid Expenses
Commitments and Contingencies, Policy [Policy Text Block]	Contingencies may may one may If the assessment of a contingency indicates it is probable that a material loss has been incurred and the amount of the liability can be estimated, then the estimated liability would be accrued in the Company’s financial statements. If the assessment indicates that a potential material loss contingency is not not

Note 4 - Stock Options and Wa_2

Note 4 - Stock Options and Warrants (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Stockholders' Equity Note, Warrants or Rights [Table Text Block]	Number of Shares Exercise Price Weighted Average Remaining Life (in years) Warrants as of December 31, 2018 - - Issued during 2019 84,295 $1.95 Warrants as of December 31, 2019 84,295 $1.95 4.53

Note 9 - Derivative Liabiliti_2

Note 9 - Derivative Liabilities (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	Volatility 356.33 % Risk-free interest rate 1.52 % Expected dividends - Expected term (in years) .5
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]	Level 1 Level 2 Level 3 Balance January 1, 2019 $ - $ - $ - Additions - - 1,321,764 Change in fair value - - 83,766 Balance December 31, 2019 $ - $ - $ 1,405,530

Note 10 - Commitments and Con_2

Note 10 - Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Lessee, Operating Lease, Liability, Maturity [Table Text Block]	2020 59,004 2021 61,800 2022 46,863

Note 11 - Income Taxes (Tables)

Note 11 - Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2019
Notes Tables
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	2019 2018 Income tax benefit at statutory rate $ 627,000 $ 242,000 Permanent differences (21,000 ) ( 3,000 ) Change in valuation allowance (606,000 ) (239,000 ) Provision for federal income taxes $ - $ -

Note 1 - Organization (Details

Note 1 - Organization (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 01, 2015
Retained Earnings (Accumulated Deficit), Ending Balance	$ (6,829,907)	$ (3,846,469)
Net Income (Loss) Attributable to Parent, Total	$ (2,983,438)	$ (1,151,882)
Blackboxstocks [Member]
Ownership Percentage By Stockholders			88.64%

Note 2 - Summary of Significa_2

Note 2 - Summary of Significant Accounting Policies (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jan. 01, 2019
Lease, Right-of-Use Asset	$ 109,064
Lease, Liability, Current	46,124
Lease, Liability, Noncurrent	$ 66,715
Property, Plant and Equipment, Useful Life (Year)	3 years
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount (in shares)	5,311,667	5,000,000
Share-based Payment Arrangement, Noncash Expense, Total	$ 0	$ 0
Other Liabilities, Current, Total	180,000	180,000
Marketing Expense	$ 261,470	$ 173,885
Internet Domain Names [Member]
Finite-Lived Intangible Asset, Useful Life (Year)	3 years
Accounting Standards Update 2016-02 [Member]
Lease, Right-of-Use Asset			$ 160,073
Lease, Liability			$ 160,073

Note 3 - Stockholders' Deficit

Note 3 - Stockholders' Deficit (Details Textual)	Nov. 27, 2019USD ($)$ / sharesshares	Aug. 29, 2019USD ($)$ / sharesshares	Jul. 15, 2019	Jun. 04, 2019USD ($)$ / sharesshares	May 22, 2019USD ($)$ / sharesshares	May 07, 2019USD ($)$ / sharesshares	Apr. 10, 2019USD ($)$ / sharesshares	Dec. 31, 2019USD ($)$ / sharesshares	Dec. 31, 2018USD ($)$ / sharesshares
Preferred Stock, Shares Authorized (in shares)								5,000,000	5,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares								$ 0.001	$ 0.001
Common Stock, Shares Authorized (in shares)								100,000,000	100,000,000
Common Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares								$ 0.001	$ 0.001
Stock Issued During Period, Shares, New Issues (in shares)	25,000	12,821		51,282	12,821	25,641	51,282
Shares Issued, Price Per Share (in dollars per share) | $ / shares						$ 1.95
Stock Issued During Period, Value, New Issues | $								$ 321,297	$ 33,000
Stock Issued During Period, Shares, Subscriptions (in shares)								3,334	3,333
Stock Issued During Period, Value, Subscriptions | $								$ 10,000	$ 6,500
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares								$ 1.95
Proceeds from Issuance or Sale of Equity, Total | $	$ 48,750	$ 25,000		$ 100,000		$ 50,000	$ 100,000
Director, President, CEO,CFO, and Secretary [Member]
Proceeds from Issuance or Sale of Equity, Total | $					$ 25,000
Warrants in Connection with Common Stock Sold [Member]
Warrants and Rights Outstanding, Term (Year)	5 years	5 years		5 years	5 years		5 years	5 years
Class of Warrant or Right, Number of Securities Called by Warrants or Rights (in shares)	12,500	6,411		25,641	6,410		33,333
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share) | $ / shares	$ 1.95	$ 1.95		$ 1.95	$ 1.95		$ 1.95	$ 1.95
Issuance of Common Stock 1 [Member]
Stock Issued During Period, Shares, New Issues (in shares)								30,833
Shares Issued, Price Per Share (in dollars per share) | $ / shares								$ 3
Stock Issued During Period, Value, New Issues | $								$ 92,500
Reverse Stock Split [Member]
Stockholders' Equity Note, Stock Split, Conversion Ratio			3
Total Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)									10,000,000
Series A Preferred Stock [Member]
Preferred Stock, Shares Authorized (in shares)								5,000,000	5,000,000
Preferred Stock, Par or Stated Value Per Share (in dollars per share) | $ / shares								$ 0.001	$ 0.001
Convertible Preferred Stock, Shares Issued upon Conversion (in shares)									1
Preferred Stock, Number of Votes Per Share									100

Note 4 - Stock Options and Wa_3

Note 4 - Stock Options and Warrants (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Nov. 27, 2019	Aug. 29, 2019	Jun. 04, 2019	May 22, 2019	Apr. 10, 2019
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 1.95
Class of Warrant or Right, Issued in Period (in shares)	84,295	0
Class of Warrant or Right, Outstanding (in shares)	84,295
Warrants in Connection with Common Stock Sold [Member]
Warrants and Rights Outstanding, Term (Year)	5 years		5 years	5 years	5 years	5 years	5 years
Class of Warrant or Right, Exercise Price of Warrants or Rights (in dollars per share)	$ 1.95		$ 1.95	$ 1.95	$ 1.95	$ 1.95	$ 1.95
Warrants and Rights Outstanding	$ 560,935

Note 4 - Stock Options and Wa_4

Note 4 - Stock Options and Warrants - Warrant Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Warrants, number of shares (in shares)
Warrants, exercise price (in dollars per share)
Issued, number of shares (in shares)	84,295	0
Issued, exercise price (in dollars per share)	$ 1.95
Warrants, number of shares (in shares)	84,295
Warrants, exercise price (in dollars per share)	$ 1.95
Warrants, average remaining life (Year)	4 years 193 days

Note 5 - Related Party Transa_2

Note 5 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jan. 01, 2019
Proceeds from Related Party Debt	$ 109,342	$ 126,000
Repayments of Related Party Debt	155,547	146,081
Director, President, CEO,CFO, and Secretary [Member]
Proceeds from Related Party Debt	109,342
Due to Related Parties, Total	9,823		$ 36,382
Repayments of Related Party Debt	155,547
Vice President [Member]
Due from Related Parties, Total	1,500
Karma and EDM [Member]
Payments to Related Party for Services	13,500	45,000
G2 and IPA [Member]
Prepaid Expenses, Related Party, Current	$ 36,700	$ 36,700

Note 6 - Notes Payable (Details

Note 6 - Notes Payable (Details Textual)	Sep. 13, 2019USD ($)	Apr. 02, 2019USD ($)	Mar. 29, 2019USD ($)	Feb. 19, 2019USD ($)	Dec. 06, 2018USD ($)	Aug. 08, 2018USD ($)	Jun. 26, 2018USD ($)	Oct. 31, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Proceeds from Notes Payable, Total									$ 251,455	$ 330,130
Repayments of Notes Payable									294,522	193,997
Note Payable to Purchase Equipment [Member]
Proceeds from Notes Payable, Total							$ 8,309
Debt Instrument, Interest Rate, Stated Percentage							18.00%
Debt Instrument, Number of Installments							36
Notes Payable Entered October, 2019 [Member]
Proceeds from Notes Payable, Total								$ 80,000
Debt Instrument, Periodic Payment, Total								761
Debt Instrument, Unamortized Discount, Total								$ 31,600
Interest Expense, Debt, Total									11,570
Notes Payable Entered September 13, 2019 [Member]
Proceeds from Notes Payable, Total	$ 90,000
Debt Instrument, Periodic Payment, Total	490
Debt Instrument, Unamortized Discount, Total	27,000
Interest Expense, Debt, Total	$ 8,735
Notes Payable Entered April 2, 2019 [Member]
Proceeds from Notes Payable, Total		$ 19,000
Debt Instrument, Periodic Payment, Total		315.56
Debt Instrument, Unamortized Discount, Total		9,400
Interest Expense, Debt, Total		$ 9,400
Notes Payable Entered March 29, 2019 [Member]
Proceeds from Notes Payable, Total			$ 38,755
Debt Instrument, Periodic Payment, Total			460
Debt Instrument, Unamortized Discount, Total			16,445
Interest Expense, Debt, Total			$ 16,445
Promissory Note Payable [Member]
Proceeds from Notes Payable, Total				$ 50,000
Interest Expense, Debt, Total				$ 2,000
Debt Instrument, Interest Rate, Stated Percentage				12.00%
Notes Payable During Fiscal 2018 [Member]
Proceeds from Notes Payable, Total										121,821
Debt Instrument, Periodic Payment, Total										450
Debt Instrument, Unamortized Discount, Total										$ 55,190
Interest Expense, Debt, Total									55,190
Secured Promissory Note Payable [Member]
Proceeds from Notes Payable, Total						$ 200,000
Interest Expense, Debt, Total					$ 8,000
Debt Instrument, Interest Rate, Stated Percentage						12.00%
Repayments of Notes Payable					100,000
Repayment of Notes Payable Including Interest					$ 108,000
Debt Default, Short-term Debt, Amount									$ 100,000

Note 7 - Notes Payable, Relat_2

Note 7 - Notes Payable, Related Party (Details Textual) - USD ($)	Dec. 06, 2018	Nov. 09, 2018	Dec. 31, 2019	Dec. 31, 2018
Proceeds from Related Party Debt			$ 109,342	$ 126,000
Interest Payable, Related Party, Current			16,680	$ 2,080
Director, President, CEO,CFO, and Secretary [Member]
Proceeds from Related Party Debt			109,342
Notes Payable, Other Payables [Member] | Director, President, CEO,CFO, and Secretary [Member]
Proceeds from Related Party Debt	$ 108,000	$ 120,000
Debt Instrument, Interest Rate, Stated Percentage		12.00%
Interest Payable, Related Party, Current			$ 16,680

Note 8 - Convertible Notes Pa_2

Note 8 - Convertible Notes Payable (Details Textual) - USD ($)	Jul. 17, 2019	May 21, 2019	Dec. 31, 2019	Dec. 31, 2018
Proceeds from Convertible Debt			$ 473,725
Convertible Notes Payable Issued May 21, 2019 [Member]
Debt Instrument, Face Amount		$ 550,000
Convertible Notes Payable, Total		$ 500,000
Debt Instrument, Discount Rate		10.00%
Debt Instrument, Interest Rate, Stated Percentage		8.00%
Debt Instrument, Term (Day)		180 days
Debt Instrument, Redemption Premium After 91 Days		115.00%
Proceeds from Convertible Debt		$ 350,000
Debt Instrument, Convertible, Conversion Price (in dollars per share)		$ 1.95
Debt Instrument, Convertible, Percentage of Lowest Bid Price During Prior 15 Consecutive Trading Days		65.00%
Debt Instrument, Redemption Fee, Amount			57,750
Debt Instrument, Convertible, Beneficial Conversion Feature		$ 207,308
Convertible Notes Payable Issued May 21, 2019 [Member] | Embedded Derivative Financial Instruments [Member]
Derivative Liability, Total			983,870
Convertible Notes Payable Issued July 17, 2019 [Member]
Debt Instrument, Face Amount	$ 165,000
Convertible Notes Payable, Total	$ 150,000
Debt Instrument, Discount Rate	10.00%
Debt Instrument, Interest Rate, Stated Percentage	8.00%
Debt Instrument, Term (Day)	180 days
Debt Instrument, Convertible, Conversion Price (in dollars per share)	$ 1.95
Debt Instrument, Convertible, Percentage of Lowest Bid Price During Prior 15 Consecutive Trading Days	65.00%
Debt Instrument, Convertible, Beneficial Conversion Feature	$ 135,000
Debt Instrument, Redemption Premium, First 90 Days	110.00%
Debt Instrument, Redemption Premium, Between 91 and 180 Days	115.00%
Convertible Notes Payable Issued July 17, 2019 [Member] | Embedded Derivative Financial Instruments [Member]
Derivative Liability, Total			$ 421,660

Note 9 - Derivative Liabiliti_3

Note 9 - Derivative Liabilities (Details Textual)	Dec. 31, 2019USD ($)
Convertible Notes Payable [Member]
Debt Instrument, Face Amount	$ 550,000

Note 9 - Derivative Liabiliti_4

Note 9 - Derivative Liabilities - Option Pricing Assumptions (Details)	Dec. 31, 2019
Measurement Input, Option Volatility [Member]
Derivative liability, measurement input	3.5633
Measurement Input, Risk Free Interest Rate [Member]
Derivative liability, measurement input	0.0152
Measurement Input, Expected Dividend Rate [Member]
Derivative liability, measurement input
Measurement Input, Expected Term [Member]
Derivative liability, measurement input	0.5

Note 9 - Derivative Liabiliti_5

Note 9 - Derivative Liabilities - Liabilities Measured and Recognized at Fair Value (Details)	12 Months Ended
	Dec. 31, 2019USD ($)
Fair Value, Inputs, Level 1 [Member]
Balance
Additions
Change in fair value
Balance
Fair Value, Inputs, Level 2 [Member]
Balance
Additions
Change in fair value
Balance
Fair Value, Inputs, Level 3 [Member]
Balance
Additions	1,321,764
Change in fair value	83,766
Balance	$ 1,405,530

Note 10 - Commitments and Con_3

Note 10 - Commitments and Contingencies (Details Textual)	Mar. 06, 2019USD ($)	Jun. 18, 2018USD ($)shares	Sep. 30, 2019USD ($)shares	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)ft²	Sep. 19, 2017ft²	Jul. 01, 2015ft²
Area of Real Estate Property (Square Foot) | ft²					1,838	336	1,502
Operating Lease, Expense				$ 54,631	$ 60,584
Consulting Services Agreement with Vendor [Member]
Litigation Settlement, Amount Awarded to Other Party				29,523
Loss Contingency, Damages Sought, Value				24,920
Litigation Settlement Interest				2,200
Litigation Settlement, Expense				$ 2,403
ICV [Member]
Monthly Compensation, Common Stock, Value		$ 20,000
Monthly Compensation, Common Stock, Value, Increase		$ 15,000
Agreement Covenant, Common Stock Issued Upon NASDAQ Listing (in shares) | shares		920,000
Agreement Covenant, Closing Fee Percentage		1.50%
Agreement Covenant, Closing Fee Minimum		$ 500,000
Stock Issued During Period, Shares, Issued for Services (in shares) | shares			13,830
Due to Related Parties, Current, Total			$ 128,000
Boustead [Member]
Agreement Engagement Fee	$ 20,000
Agreement Covenenant, Pre-IPO Closing Fee	5,000
Agreement Covenant, IPO Closing Fee	$ 25,000

Note 10 - Commitments and Con_4

Note 10 - Commitments and Contingencies - Future Minimum Rental Payments (Details)	Dec. 31, 2019USD ($)
2019	$ 59,004
2020	61,800
2021	$ 46,863

Note 11 - Income Taxes (Details

Note 11 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%
Operating Loss Carryforwards, Total	$ 5,242,731

Note 11 - Income Taxes - Reconc

Note 11 - Income Taxes - Reconciliation of Income Tax Expense (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income tax benefit at statutory rate	$ 627,000	$ 242,000
Permanent differences	(21,000)	(3,000)
Change in valuation allowance	(606,000)	(239,000)
Provision for federal income taxes

Note 12 - Subsequent Events (De

Note 12 - Subsequent Events (Details Textual) - USD ($)

Mar. 23, 2020

Mar. 13, 2020

Feb. 13, 2020

Jan. 27, 2020

Nov. 27, 2019

Aug. 29, 2019

Jun. 04, 2019

May 22, 2019

May 07, 2019

Apr. 10, 2019

Oct. 31, 2019

Dec. 31, 2019

Dec. 31, 2018

Proceeds from Notes Payable, Total

$ 251,455

$ 330,130

Repayments of Notes Payable

294,522

193,997

Stock Issued During Period, Shares, New Issues (in shares)

25,000

12,821

51,282

12,821

25,641

51,282

Shares Issued, Price Per Share (in dollars per share)

$ 1.95

Proceeds from Convertible Debt

$ 473,725

Subsequent Event [Member]

Stock Issued During Period, Shares, New Issues (in shares)

50,000

Shares Issued, Price Per Share (in dollars per share)

$ 1.95

Subsequent Event [Member] | Satisfaction of Services [Member]

Loss Contingency, Damages Sought, Value

$ 45,030

Notes Payable Entered January 28, 2020 [Member] | Subsequent Event [Member]

Proceeds from Notes Payable, Total

$ 150,000

Debt Instrument, Periodic Payment, Total

1,035

Debt Instrument, Unamortized Discount, Total

57,000

Notes Payable Entered October, 2019 [Member]

Proceeds from Notes Payable, Total

$ 80,000

Debt Instrument, Periodic Payment, Total

761

Debt Instrument, Unamortized Discount, Total

$ 31,600

Notes Payable Entered October, 2019 [Member] | Subsequent Event [Member]

Repayments of Notes Payable

$ 39,000

Notes Payable Entered March 16, 2020 [Member] | Subsequent Event [Member]

Proceeds from Notes Payable, Total

$ 25,000

Debt Instrument, Periodic Payment, Total

291.67

Debt Instrument, Unamortized Discount, Total

$ 12,500

Convertible Notes Payable [Member] | Subsequent Event [Member]

Proceeds from Convertible Debt

$ 75,000

Debt Instrument, Interest Rate, Stated Percentage

52.00%

Debt Instrument, Convertible, Conversion Price (in dollars per share)

$ 0.60

Convertible Notes Payable 2 [Member] | Subsequent Event [Member]

Proceeds from Convertible Debt

$ 25,000