Cover
Cover | 3 Months Ended |
Mar. 31, 2022shares | |
Cover [Abstract] | |
Document Type | 10-Q |
Amendment Flag | false |
Document Quarterly Report | true |
Document Transition Report | false |
Document Period End Date | Mar. 31, 2022 |
Document Fiscal Period Focus | Q1 |
Document Fiscal Year Focus | 2022 |
Current Fiscal Year End Date | --12-31 |
Entity File Number | 0-7092 |
Entity Registrant Name | RELIABILITY INCORPORATED |
Entity Central Index Key | 0000034285 |
Entity Tax Identification Number | 75-0868913 |
Entity Incorporation, State or Country Code | TX |
Entity Address, Address Line One | 22505 Gateway Center Drive |
Entity Address, Address Line Two | P.O. Box 71 |
Entity Address, City or Town | Clarksburg |
Entity Address, State or Province | MD |
Entity Address, Postal Zip Code | 20871 |
City Area Code | 202 |
Local Phone Number | 965-1100 |
Title of 12(b) Security | Common Stock, no par value |
Trading Symbol | RLBY |
Entity Current Reporting Status | Yes |
Entity Interactive Data Current | Yes |
Entity Filer Category | Non-accelerated Filer |
Entity Small Business | true |
Entity Emerging Growth Company | false |
Entity Shell Company | false |
Entity Common Stock, Shares Outstanding | 300,000,000 |
Consolidated Balance Sheets (Un
Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands | Mar. 31, 2022 | Dec. 31, 2021 |
CURRENT ASSETS | ||
Cash and cash equivalents | $ 69 | $ 24 |
Trade receivables, net of allowance for doubtful accounts | 5,044 | 6,405 |
Retention credit receivable | 2,494 | 2,494 |
Notes receivable from related parties | 5,039 | 4,985 |
Prepaid expenses and other current assets | 249 | 331 |
Total current assets | 12,895 | 14,239 |
Property, plant and equipment, net | 41 | 49 |
Total assets | 12,936 | 14,288 |
CURRENT LIABILITIES | ||
Factoring Liability | 1,590 | 946 |
Accounts payable | 847 | 1,205 |
Accrued expenses | 266 | 404 |
Accrued payroll | 513 | 1,629 |
Deferred revenue | 176 | 176 |
Income taxes payable | 688 | 517 |
Other current liabilities | 1 | |
Total current liabilities | 4,080 | 4,878 |
Total liabilities | 4,080 | 4,878 |
Commitment and contingencies (Note 6) | ||
SHAREHOLDERS’ EQUITY | ||
Additional paid-in capital | 750 | 750 |
Retained earnings | 8,106 | 8,660 |
Total shareholders’ equity | 8,856 | 9,410 |
Total liabilities and shareholders’ equity | $ 12,936 | $ 14,288 |
Consolidated Balance Sheets (_2
Consolidated Balance Sheets (Unaudited) (Parenthetical) - shares | Mar. 31, 2022 | Dec. 31, 2021 |
Statement of Financial Position [Abstract] | ||
Common stock, shares authorized | 300,000,000 | 300,000,000 |
Common stock, shares issued | 300,000,000 | 300,000,000 |
Common stock, shares, outstanding | 300,000,000 | 300,000,000 |
Consolidated Statements of Oper
Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Revenue earned | ||
Service revenue | $ 5,783 | $ 5,794 |
Cost of revenue | ||
Cost of revenue | 5,053 | 5,047 |
Gross profit | 730 | 747 |
Selling, general and administrative expenses | 1,305 | 810 |
Operating loss | (575) | (63) |
Other income (expense) | ||
Interest income | 54 | 74 |
Interest expense | (29) | (45) |
Other income (expense) | (2) | |
Income (loss) before income tax (expense) benefit | (552) | (34) |
Income tax (expense) benefit | (2) | 6 |
Consolidated net income (loss) | $ (554) | $ (28) |
Net income per share: | ||
Basic | $ 0 | $ 0 |
Diluted | $ 0 | $ 0 |
Share used in per share computation: | ||
Basic | 300,000,000 | 300,000,000 |
Diluted | 300,000,000 | 300,000,000 |
Consolidated Statements of Chan
Consolidated Statements of Change in Equity (Unaudited) - USD ($) $ in Thousands | Total | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] |
Beginning Balance at Dec. 31, 2020 | $ 1,517 | $ 750 | $ 767 | |
Beginning Balance, shares at Dec. 31, 2020 | 300,000,000 | |||
Net Loss | (28) | (28) | ||
Ending Balance at Mar. 31, 2021 | 1,489 | 750 | 739 | |
Ending Balance, shares at Mar. 31, 2021 | 300,000,000 | |||
Beginning Balance at Dec. 31, 2021 | 9,410 | 750 | 8,660 | |
Beginning Balance, shares at Dec. 31, 2021 | 300,000,000 | |||
Net Loss | (554) | (554) | ||
Ending Balance at Mar. 31, 2022 | $ 8,856 | $ 750 | $ 8,106 | |
Ending Balance, shares at Mar. 31, 2022 | 300,000,000 |
Consolidated Statements of Cash
Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Cash flows from operating activities: | ||
Net loss | $ (554) | $ (28) |
Adjustments to reconcile net loss to net cash provided by (used in) operating activities: | ||
Depreciation and amortization | 9 | 19 |
Accrued interest | (54) | (60) |
Changes in operating assets and liabilities: | ||
Trade receivables | 1,361 | 2,584 |
Retention credit receivable | ||
Prepaid expenses and other current assets | 82 | 50 |
Accounts payable | (358) | (402) |
Accrued payroll | (1,116) | 351 |
Accrued expenses | (138) | (56) |
Other liabilities | (1) | (1) |
Income taxes payable | 171 | (44) |
Net cash provided by (used in) operating activities | (598) | 2,413 |
Cash flows from investing activities: | ||
Purchase of fixed assets | (1) | (3) |
Net cash used in investing activities | (1) | (3) |
Cash flows from financing activities: | ||
Net borrowing/(repayment) of line-of-credit | 644 | (2,408) |
Repayment of note payable | (38) | |
Repayment of notes receivable from related parties | 24 | |
Net cash provided by (used in) financing activities | 644 | (2,422) |
Net decrease in cash and cash equivalents | 45 | (12) |
Cash and cash equivalents, beginning of year | 24 | 70 |
Cash and cash equivalents, end of year | 69 | 58 |
Supplemental disclosures of cash flow information: | ||
Interest | (29) | |
Income taxes | $ (6) |
NATURE OF OPERATIONS AND BASIS
NATURE OF OPERATIONS AND BASIS OF PRESENTATION | 3 Months Ended |
Mar. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
NATURE OF OPERATIONS AND BASIS OF PRESENTATION | NOTE 1. NATURE OF OPERATIONS AND BASIS OF PRESENTATION Nature of Operations Reliability, Inc. is a leading provider of employer of record and temporary media and information technology (“IT”) staffing services that operates, along with its wholly owned subsidiary, The Maslow Media Group, Inc (“MMG”), (collectively, “Reliability” or the “Company”), primarily within the United States of America in four industry segments: Employer of Record (“EOR”), Recruiting and Staffing, Permanent Direct Placements, and Video and Multimedia Production which provides script to screen media talent. Our Staffing segment provides skilled field talent on a nationwide basis for Media, IT and finance and accounting client partner projects. Our Staffing segment occasionally received requests for (direct) placements. Because of an uptick in direct hire requests in 2021, factoring in the much higher margins that business derives, MMG decided to add Permanent (Direct) Placement as a stand-alone business segment. Video Production involves assembling and providing crews for special projects that can last anywhere from a week to 6 months. Reliability was incorporated under the laws of the State of Texas in 1953, but the then principal business of the Company started in 1971 was closed down in 2007. The Company completed a reverse merger with MMG (the “Merger”) on October 29, 2019. Company Background On November 9, 2016, Linda Maslow sold the business to Vivos Holdings, LLC (“Vivos Holdings”) owned by Dr. Naveen Doki (“Dr. Doki”) and Silvija Valleru (“Ms. Valleru”). In 2018, Vivos Holdings and several other Vivos companies, (“Vivos Group”) engaged an investment banker who approached management of Reliability to discuss a potential reverse merger transaction. The other investors who collaborated on a share swap of MMG for other Vivos companies were Shirisha Janumpally , wife of Dr. Doki, and Kalyan Pathuri (“Mr. Pathuri”), husband of These 4 individuals, Dr. Doki, Mrs. Janumpally, Mr. Pathuri, and Mrs. Valleru also have common ownership combinations in a number of other entities [Vivos Holdings, LLC. Vivos Real Estate Holdings, LLC (“VREH”), Vivos Holdings, Inc., Vivos Group, Vivos Acquisitions, LLC., and Federal Systems, LLC], (collectively referred to herein as “Vivos Group”). The reverse merger was consummated on October 29, 2019. As a result of the Merger, the Vivos Group (Vivos Holdings LLC, officially) acquired approximately 84 % of the issued and outstanding shares of Reliability which were distributed by Vivos Holdings LLC. On October 29, 2019, MMG became a wholly owned subsidiary of Reliability by merging R-M Merger Sub, Inc., a Virginia corporation and a wholly owned subsidiary of Reliability, with and into Maslow, with MMG being the surviving corporation (the “Merger”). The Merger is more fully described in our Current Report on Form 8-K filed on October 30, 2019. The Company ceased to be a “shell” company as defined by Rule 12b-2 of the Securities Exchange Act of 1934, as amended, (the “Exchange Act”) by virtue of its ownership of MMG following the Merger. The acquisition of MMG also resulted in a “change in control” of Reliability. On or about February 25, 2020, the Company, as plaintiff, filed a complaint with the Circuit Court of Montgomery County, Maryland against Vivos Holdings, LLC, Vivos Real Estate Holdings, LLC and Dr. Doki (collectively “Vivos Debtors”), to enforce Maslow’s rights under certain promissory notes and a personal guarantee made by the Dr. Doki. On or about May 6, 2020, the Defendants filed a counterclaim and third-party complaint for Damages, declaratory and injunctive Relief and jury Demand (the “Counterclaim”). RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) The Company also began pursuing arbitration in New York in 2020 which was the contractual remedy for breaches of the Merger agreement between MMG and Reliability. It is the Company’s contention that the Vivos Group failed to disclose several material pieces of information to Reliability management pre-merger as was required by the Merger agreement. Additionally, the Vivos Group declined to honor a number of commitments made to Reliability including a $3,000 promissory note and an agreement to shield the Company from their personal debt per the “Liquidation Agreement” (See 1A and Item 3). Per the Merger Agreement, these breaches can lead to a loss of up to all shares in Reliability for the Vivos group. On December 23, 2020, at a hearing in the Maryland Circuit Court of Montgomery County, Maryland, a motion by the Vivos Group to compel a shareholder meeting was summarily dismissed. On January 20, 2021, Defendants and Counter/Third-Party Plaintiffs, Vivos, VREH, Dr. Doki, Mr. Pathuri, Igly, Judos, by counsel, filed a Notice of Appeal on the dismissal. However, the deadline to pursue the appeal lapsed absent additional filings by the Vivos Group. On July 21, 2021, MMG settled the obligation which with it had been committed by Vivos Holdings, LLC in July 2018, with Libertas Funding, LLC and Kinetic for $ 475 On September 7, 2021, the Company entered to Arbitration and Tolling Agreements with the (the “Agreements”) Vivos Group and all other persons who were parties to the pending litigation previously reported in the Texas, New York and Maryland courts and before the American Arbitration Association. The Agreements call for the stay or dismissal of the pending litigation, with the parties agreeing to resolve their disputes before a single arbitrator in Maryland. On March 21, 2022, the Company began its arbitration proceedings against the Vivos Group. MMG contends the Vivos Group committed merger violations which could result in relinquishment in whole or in part shares of Company common stock received by the Respondents in connection with the Merger. We anticipate an arbitration decision in the third quarter 2022. We refer below to the disputes between Reliability and the Vivos Group as the “Vivos Matter.” “Upon a final resolution as to the underlying ownership and rights of certain shareholders, the Company intends to hold an annual meeting of shareholders within a reasonable time thereafter.” Basis of presentation The unaudited condensed consolidated interim financial statements include the accounts of the Company and all wholly owned divisions, including its 100 The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States and the rules of the SEC and should be read in conjunction with the audited financial statements and notes thereto contained in our Form 10-K. In the opinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financial position and the results of operations for the periods presented have been reflected herein. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year. For further information, refer to the financial statements and footnotes thereto included in the Company’s annual report on Form 10-K for the year ended December 31, 2021. RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) Concentration of Credit Risk For the three months ended March 31, 2022, 24.2 % of revenue came from AT&T Services, Inc. (inclusive of its DirecTV division) (“AT&T”), 21.4 % from Goldman Sachs, and 11.2 % from Janssen Pharmaceuticals (which includes workforce partners Ortho McNeil and Johnson & Johnson). Combined, this totals 56.8 % of revenue. AT&T, Goldman Sachs, Janssen, and Morgan Stanley accounted for 24.6 %, 15.4 %, 9.2 % and 13.6 %, respectively, in revenue for the same period ended March 31, 2021. No other client has exceeded 10% of revenues in 2022 or 2021. |
LIQUIDITY AND GOING CONCERN
LIQUIDITY AND GOING CONCERN | 3 Months Ended |
Mar. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
LIQUIDITY AND GOING CONCERN | NOTE 2. LIQUIDITY AND GOING CONCERN Going Concern Management considers on a regular basis, the Company’s ability to continue as a going concern. The factors which have impacted the business and our liquidity are; ● Uncertainty in outcome of the arbitration hearing with Vivos Group which will likely have decision rendered in the third quarter 2022; ● Operating loss of approximately $ 575 ● The slow-moving rebound of client demand for our services to pre-pandemic levels; ● Difficulties in raising cash via public markets for organic and inorganic growth, due to lack of unissued authorized shares available for Company use; ● Inability to realize approximately $ 5 ● Commitments And Contingencies, described further in Note 6. All these conditions noted and factored in above with the prevailing risk being that the arbitration (see Item 1) outcome is not in the Company’s favor, and the $ 5,039 Additionally, from an operational view the underlying business has yet to fully recover from COVID-19 with current quarterly comparative revenue levels down as much as 47% from 2019 standards Therefore, there can be no assurances that the Company will be successful in managing the impact of the foregoing or its ability to maintain sufficient liquidity over a period of time that will allow it to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome from these uncertainties. The Company is quoted on the OTC Marketplace under the symbol “RLBY”. RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) |
ACCOUNTS RECEIVABLE
ACCOUNTS RECEIVABLE | 3 Months Ended |
Mar. 31, 2022 | |
Credit Loss [Abstract] | |
ACCOUNTS RECEIVABLE | NOTE 3. ACCOUNTS RECEIVABLE Accounts Receivable can be broken down as follows SCHEDULE OF ACCOUNTS RECEIVABLE 3/31/2022 12/31/ 2021 Accounts Receivable Trade receivables $ 4,657 5,592 Unbilled receivables 387 813 Less allowance for doubtful accounts - - Total Trade Accounts Receivable 5,044 6,405 |
SUMMARY OF SIGNIFICANT ACCOUNTI
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | 3 Months Ended |
Mar. 31, 2022 | |
Accounting Policies [Abstract] | |
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES | NOTE 4. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Adopted Accounting Pronouncements In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment The Company does not believe any other recently issued but not yet effective accounting pronouncement, if adopted, would have a material effect on its present or future consolidated financial statements. |
DEBT
DEBT | 3 Months Ended |
Mar. 31, 2022 | |
Debt Disclosure [Abstract] | |
DEBT | NOTE 5. DEBT Tax Liabilities When MMG was initially acquired by Vivos Holdings, LLC in December 2016, the Company’s corporate status was changed from an S Corp to a C Corp due to its new ownership structure. This triggered an accelerated tax event, a $ 215 860 300 As of March 31, 2022, the Company’s overall tax liability was $ 688 517 Factoring Facility Triumph Business Capital On November 4, 2016, the Company entered into a factoring and security agreement with Triumph Business Capital (“Triumph”). Pursuant to the agreement, the Company received advances on its accounts receivable (i.e., invoices) through Triumph to fund growth and operations. The proceeds of this agreement were used to pay operating costs of the business which include employee salaries, vendor payments and overhead expenses. On January 5, 2018, the agreement was amended to lower the factoring fee and interest rate for a term of one year. RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) The agreement was amended again on January 19, 2018, to increase the maximum advance rate to $ 5,500 In January 2020, a new agreement was negotiated with Triumph lowering advance rate from 18 basis points to 15 and the interest rate from prime plus 2.5 2 In accordance with the agreement, a reserve amount is required for the total unpaid balance of all purchased accounts multiplied by a percentage equal to the difference between one hundred percent and the advanced rate percentage. As of March 31, 2022, the required amount was 10 Accounts receivables were sold with full recourse. Proceeds from the sale of receivables were $ 2,811 1,332 1,590 946 592 The Factoring Facility is collateralized by substantially all the assets of the Company. In the event of a default, the Factor may demand that the Company repurchase the receivable or debit the reserve account. Total finance line fees for the three months ended March 31, 2022, and 2021 totalled $ 29 32 |
COMMITMENTS AND CONTINGENCIES
COMMITMENTS AND CONTINGENCIES | 3 Months Ended |
Mar. 31, 2022 | |
Commitments and Contingencies Disclosure [Abstract] | |
COMMITMENTS AND CONTINGENCIES | NOTE 6. COMMITMENTS AND CONTINGENCIES There are a number of debts and confessions of judgement (“COJ”) related to the Vivos Group that included MMG as a co-signer or guarantor at some stage in the Vivos Group debt process from November 2016 through October 29, 2019, when Vivos Holdings LLC owned Maslow. In December 2019, the Company’s executive management learned that prior to the Merger, in January 2018, one of the Company’s related parties, on behalf of Maslow, executed a guarantee of obligations of Vivos Real Estate Holdings, LLC (“VREH”), under a mortgage loan for the purchase of the property at 22 Baltimore Rd., Rockville, Maryland. MMG leased this space on market terms. This obligation had not been included in Maslow’s financial statements and were not separately disclosed prior to the Merger. On March 3, 2022, MMG received a notice of default, acceleration, and demand for payment in full, from FVCBank due to incurable events of default on behalf of Borrower, Vivos Real Estate Holdings LLC. Per the default notice, “As of March 2, 2022, the total indebtedness due and owing under the Loan (the ‘‘Debt’’) is $ 1,743 1,703 7 20 12 16 Credit Cash: MMG has not been formally notified of an obligation to pay Credit Cash due to a now known default on Vivos Group’s COJ. On October 9, 2018, Maslow Media Group, Inc. was named as a defendant in an Affidavit of COJ filed in the Supreme Court of the State of New York in relation to a case brought by Hop Capital against members of the Vivos Group, which had collectively agreed to pay a sum of $ 400 RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) On February 28, 2020, Healthcare Resource Network, LLC filed a complaint against MMG in the Circuit Court of Montgomery County, Maryland alleging that MMG participated with the Vivos Group to financially harm the plaintiff. The plaintiff has not specified any alleged damage caused by MMG and the Company believes any claims are without merit. On or about May 6, 2020, the Vivos Debtors and other Vivos Group members, specifically. Mr. Pathuri, Judos, and Igly responded to the Vivos Default Claim with the “Vivos Default Counterclaim”. The Company continues to believe that the Counterclaim has no merit and is vigorously defending itself and its indemnified officers, directors and other parties as permitted by the Company’s organizational documents, via a March 2022 arbitration hearing which both parties agreed on September 7, 2021, to resolve their disputes before a single arbitrator in Maryland. The hearing portion began on March 21 and has since concluded. There are other phases in progress. A decision isn’t anticipated until the third quarter, 2022. At the present time, the Company is uncertain as to whether any of the above items will have a material impact on their consolidated financial statements. |
EQUITY
EQUITY | 3 Months Ended |
Mar. 31, 2022 | |
Equity [Abstract] | |
EQUITY | NOTE 7. EQUITY The Company’s authorized capital stock consists of 300,000,000 no |
RELATED PARTY TRANSACTIONS
RELATED PARTY TRANSACTIONS | 3 Months Ended |
Mar. 31, 2022 | |
Related Party Transactions [Abstract] | |
RELATED PARTY TRANSACTIONS | NOTE 8. RELATED PARTY TRANSACTIONS Stock Purchase Agreement On November 9, 2016, Vivos Holdings LLC, the former owner of MMG, acquired 100 1,750 1,400 350 The promissory note was to be paid in twenty-four equal installments, including interest at 4.5%, in the amount of approximately $15, commencing six months after closing, with the last payment on March 1, 2019 2,503 Notes Receivable The Company has notes receivable from Vivos Holdings, LLC and VREH, a member of Vivos Group, both related party affiliates due to their ownership percentage in the Company. In January 2021, MMG began applying the legal minimum rate of interest which per Virginia statute is 8.0 4.5 5.5 RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) In connection with the Vivos/MMG Purchase Agreement, on November 15, 2016, MMG executed a promissory note receivable with Vivos Holdings LLC in the amount of $ 1,400 1,773 September 20, 2023 2.5 15 3,420 38 On November 15, 2017, MMG executed an intercompany promissory note receivable with VREH in the amount of $ 772 781 3.5 30 823 11 On June 12, 2019, MMG entered into a Personal Guaranty agreement with Dr. Doki, pursuant to which Dr. Naveen Doki personally guaranteed to MMG repayment of $ 3,000 5 As of February 2020, the Company filed a lawsuit against the majority shareholder, pursuant to the personal guaranty agreement for defaulting on the outstanding notes receivables. In summary, the Vivos Group receivable totaled $ 4,258 2,007 5,039 4,985 On September 5, 2019, MMG entered into a Secured Promissory Note agreement with Vivos, pursuant to which MMG issued a secured promissory note to the Vivos Group in the principal amount of $ 750 . The note bears interest at 2.5 % per year and requires the Vivos Group to make monthly payments to MMG of $ 10 beginning December 1, 2019, with balance due and payable on November 1, 2026 . Upon an event of default, which occurs upon failure of Vivos to make any monthly payment due under the terms of the note, MMG has the right to declare the entire unpaid balance of the note due and payable. The note is secured by 30,000,000 shares of Company Common Stock, which is due and payable upon a default by Vivos, which occurs upon failure of Vivos to make any monthly payment due under the terms of the note. In addition, both Dr. Doki and Silvija Valleru personally guaranty the repayment of the note by the Vivos Group. Dr. Doki and Silvija Valleru were beneficial owners of Vivos and are also 5% or greater beneficial owners of Company Common Stock, which is qualified by the Merger Arbitration complaint. On December 31, 2021, the total outstanding balance was $ 790 , which includes interest for period of $ 5 . As of March 31, 2021, the total outstanding balance was $ 795 , which includes interest for period of $ 5 . Debt Settlement Agreements On July 21, 2021, MMG settled the obligation which Vivos Holdings, LLC had obligated MMG to in July 2018, with Libertas Funding, LLC and Kinetic for $ 475 On March 6, 2022, MMG received a notice of default, acceleration, and demand for payment-in-full from FVCBank due to incurable events of default on behalf of Borrower Vivos Real Estate Holdings LLC. RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) Related Party Relationships On October 29, 2019, prior to the Merger, pursuant to the Merger Agreement, Dr. Doki and Silvija Valleru became beneficial owners of 206,606,528 and 51,652,908 shares of RLBY Common Stock, respectively, equal to 68.9 % and 17.2 % of the total number of shares of RLBY Common Stock outstanding after giving effect to the Merger, respectively. The Company is seeking damages which if granted will likely be the remedy set forth within the Merger Agreement which is primarily the relinquishment in whole or in part shares of Company Common Stock received by the Respondents in connection with the Merger. On June 27, 2019, prior to the Merger, MMG entered into a Securities Purchase Agreement with Hawkeye Enterprises, Inc., a company owned and controlled by Mark Speck (“Mr. Speck”), an officer and then director of Maslow. Pursuant to this agreement, MMG issued to Hawkeye Enterprises 16,323 (on a post-Merger basis) shares of Company Common Stock, a warrant (as defined below) for 81,616 50 50 12 56 On July 31, 2019, prior to the Merger, MMG entered into a Securities Purchase Agreement with Mr. Speck, the Company issued to this individual a Warrant for 81,616 50 50 12 56 On July 31, 2019, prior to the Merger, MMG entered into a Securities Purchase Agreement with Nick Tsahalis, an executive officer and director of MMG. Pursuant to this agreement, the Company issued to this individual 32,646 16,323 a post-Merger basis) shares of the MMG Common Stock, and a Convertible Promissory Note of same date in the initial principal amount of $ 100 100 12 112 On September 18, 2019, in anticipation of the closing of the Merger and intending that it be assumed by MMG after the closing of the Merger, Hawkeye entered into a letter of intent (the “LOI”) regarding the potential acquisition of a complementary business. MMG was then prohibited from entering into the LOI directly. In connection with the LOI, Hawkeye paid a non-refundable deposit of $ 75 83 The term “warrant” herein refers to warrants issued by MMG and assumed by the Company as a result of the Merger. The terms of all Warrants are the same other than as to the number of shares covered thereby. The Warrant may be exercised at any time or from time to time during the period commencing at 10:00 a.m. Eastern time on first business day following the completion of the Qualified Financing (as defined below) and expiring at 5:00 p.m. Eastern time on the fifth annual anniversary thereof (the “Exercise Period”). For purposes herein, a “Qualified Financing” means the issuance by the Company, other than certain excluded issuances of shares of Common Stock, in one transaction or series of related transactions, which transaction(s) result in aggregate gross proceeds actually received by the Company of at least $ 5,000 120 5,000 RELIABILITY INCORPORATED AND SUBSIDIARY NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS March 31, 2022 (amounts in thousands, except per share data) On September 7, 2021, the Company entered in Arbitration and Tolling Agreements with alleged shareholder Dr. Doki, and his affiliates and all other persons who were parties to the pending litigation previously reported in the Texas, New York and Maryland courts and before the American Arbitration Association. The Agreements call for the stay or dismissal of the pending litigation, with the parties agreeing to resolve their disputes before a single arbitrator in Maryland. The parties also agreed to maintain the status quo in corporate governance and related matters pending a final non-appealable judgment confirming any award in arbitration. The parties also signed a Tolling Agreement to toll the statute of limitations following the dismissal of a pending litigation. |
BUSINESS SEGMENTS
BUSINESS SEGMENTS | 3 Months Ended |
Mar. 31, 2022 | |
Segment Reporting [Abstract] | |
BUSINESS SEGMENTS | NOTE 9. BUSINESS SEGMENTS The Company operates within four industry segments: EOR, Recruiting and Staffing, Permanent (Direct) Placements and Video and Multimedia Production. The EOR segment provides media field talent to a host of The following table provides a reconciliation of revenue by reportable segment to consolidated results for the three months ended March 31, 2022, and 2021, respectively: For the three months ended March 31: SCHEDULE OF RECONCILIATION OF REVENUE AND OPERATING INCOME BY REPORTABLE SEGMENT TO CONSOLIDATED RESULTS 2022 2021 Revenue: EOR $ 4,773 $ 4,497 Recruiting and Staffing 923 884 Permanent Placement 39 - Video and Multimedia Production 48 413 Total $ 5,783 $ 5,794 |
SUBSEQUENT EVENTS
SUBSEQUENT EVENTS | 3 Months Ended |
Mar. 31, 2022 | |
Subsequent Events [Abstract] | |
SUBSEQUENT EVENTS | NOTE 10. SUBSEQUENT EVENTS The Company has evaluated subsequent events through May 15, 2022, the date on which the unaudited condensed consolidated financial statements were available to be issued. Based upon this evaluation, management has determined that no material subsequent events have occurred that would require recognition in or disclosures in the accompanying unaudited condensed consolidated financial statements, except as follows: MMG signed a 1-year extension with AT&T (until 3/31/2023) and a 2-year extension with DirecTV (until 3/31/2024). |
SUMMARY OF SIGNIFICANT ACCOUN_2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) | 3 Months Ended |
Mar. 31, 2022 | |
Accounting Policies [Abstract] | |
Adopted Accounting Pronouncements | Adopted Accounting Pronouncements In January 2017, the FASB issued ASU No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment The Company does not believe any other recently issued but not yet effective accounting pronouncement, if adopted, would have a material effect on its present or future consolidated financial statements. |
ACCOUNTS RECEIVABLE (Tables)
ACCOUNTS RECEIVABLE (Tables) | 3 Months Ended |
Mar. 31, 2022 | |
Credit Loss [Abstract] | |
SCHEDULE OF ACCOUNTS RECEIVABLE | Accounts Receivable can be broken down as follows SCHEDULE OF ACCOUNTS RECEIVABLE 3/31/2022 12/31/ 2021 Accounts Receivable Trade receivables $ 4,657 5,592 Unbilled receivables 387 813 Less allowance for doubtful accounts - - Total Trade Accounts Receivable 5,044 6,405 |
BUSINESS SEGMENTS (Tables)
BUSINESS SEGMENTS (Tables) | 3 Months Ended |
Mar. 31, 2022 | |
Segment Reporting [Abstract] | |
SCHEDULE OF RECONCILIATION OF REVENUE AND OPERATING INCOME BY REPORTABLE SEGMENT TO CONSOLIDATED RESULTS | The following table provides a reconciliation of revenue by reportable segment to consolidated results for the three months ended March 31, 2022, and 2021, respectively: For the three months ended March 31: SCHEDULE OF RECONCILIATION OF REVENUE AND OPERATING INCOME BY REPORTABLE SEGMENT TO CONSOLIDATED RESULTS 2022 2021 Revenue: EOR $ 4,773 $ 4,497 Recruiting and Staffing 923 884 Permanent Placement 39 - Video and Multimedia Production 48 413 Total $ 5,783 $ 5,794 |
NATURE OF OPERATIONS AND BASI_2
NATURE OF OPERATIONS AND BASIS OF PRESENTATION (Details Narrative) - USD ($) $ in Thousands | Oct. 29, 2019 | Mar. 31, 2022 | Mar. 31, 2021 | Jul. 21, 2021 |
Revenue [Member] | ||||
Product Information [Line Items] | ||||
Concentration risk, benchmark description | No other client has exceeded 10% of revenues | |||
Revenue [Member] | Customer Concentration Risk [Member] | Customer [Member] | ||||
Product Information [Line Items] | ||||
Percentage of revenue | 56.80% | |||
MMG [Member] | ||||
Product Information [Line Items] | ||||
Business acquisition percentage of voting interest acquired | 100.00% | |||
Vivos Holdings LLC [Member] | ||||
Product Information [Line Items] | ||||
Shares issued and outstanding percentage | 84.00% | |||
Long term debt | $ 475 | |||
ATT Services, Inc [Member] | Revenue [Member] | Customer Concentration Risk [Member] | Customer [Member] | ||||
Product Information [Line Items] | ||||
Percentage of revenue | 24.20% | 24.60% | ||
Goldman Sachs [Member] | Revenue [Member] | Customer Concentration Risk [Member] | Customer [Member] | ||||
Product Information [Line Items] | ||||
Percentage of revenue | 21.40% | 15.40% | ||
Janssen Pharmaceuticals [Member] | Revenue [Member] | Customer Concentration Risk [Member] | Customer [Member] | ||||
Product Information [Line Items] | ||||
Percentage of revenue | 11.20% | 9.20% | ||
Morgan Stanley [Member] | Revenue [Member] | Customer Concentration Risk [Member] | Customer [Member] | ||||
Product Information [Line Items] | ||||
Percentage of revenue | 13.60% |
LIQUIDITY AND GOING CONCERN (De
LIQUIDITY AND GOING CONCERN (Details Narrative) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Defined Benefit Plan Disclosure [Line Items] | ||
Operating income loss | $ 575 | $ 63 |
Note receivable net | $ 5,039 | |
Unusual risk by nature description | Additionally, from an operational view the underlying business has yet to fully recover from COVID-19 with current quarterly comparative revenue levels down as much as 47% from 2019 standards | |
Vivos group [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Proceeds for loans | $ 5,000 |
SCHEDULE OF ACCOUNTS RECEIVABLE
SCHEDULE OF ACCOUNTS RECEIVABLE (Details) - USD ($) $ in Thousands | Mar. 31, 2022 | Dec. 31, 2021 |
Credit Loss [Abstract] | ||
Trade receivables | $ 4,657 | $ 5,592 |
Unbilled receivables | 387 | 813 |
Less allowance for doubtful accounts | ||
Total Trade Accounts Receivable | $ 5,044 | $ 6,405 |
DEBT (Details Narrative)
DEBT (Details Narrative) - USD ($) $ in Thousands | 1 Months Ended | 3 Months Ended | ||||
Jan. 31, 2020 | Dec. 31, 2016 | Mar. 31, 2022 | Mar. 31, 2021 | Dec. 31, 2021 | Jan. 19, 2018 | |
Debt Instrument [Line Items] | ||||||
Deferred income tax liabilities | $ 688 | $ 517 | ||||
Payment of final estimated portion | $ 300 | |||||
Reserve interest percentage | 10.00% | |||||
Accounts receivable factored | $ 1,590 | 592 | 946 | |||
Line of credit facility collateral fees amount | 29 | 32 | ||||
Accounts Receivable [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Proceeds from sale of accounts receivable | $ 2,811 | $ 1,332 | ||||
Factoring and Security Agreement [Member] | Prime Rate [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Debt instrument, description of variable rate basis | In January 2020, a new agreement was negotiated with Triumph lowering advance rate from 18 basis points to 15 and the interest rate from prime plus 2.5% to prime plus 2%. The amount of an invoice eligible for sale to Triumph went from 90% to 93% | |||||
Factoring and Security Agreement [Member] | Prime Rate [Member] | Minimum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Debt instrument, interest rate | 2.50% | |||||
Factoring and Security Agreement [Member] | Prime Rate [Member] | Maximum [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Debt instrument, interest rate | 2.00% | |||||
Vivos group [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Deferred income tax liabilities | $ 860 | |||||
Vivos Holdings LLC [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Estimated annual impact | $ 215 | |||||
Triumph Business Capital [Member] | Factoring and Security Agreement [Member] | ||||||
Debt Instrument [Line Items] | ||||||
Increase in factoring fee | $ 5,500 |
COMMITMENTS AND CONTINGENCIES (
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($) $ in Thousands | Mar. 02, 2022 | Oct. 09, 2018 |
Maslow Media Group, Inc [Member] | ||
Loans payable | $ 1,743 | |
Loan unpayable | 1,703 | |
Unpaid interest | 7 | |
Deferred cost current and non current | 20 | |
Debt instrument fee amount | 12 | |
Set off fees | $ 16 | |
Hop Capital [Member] | ||
Loss contigency damages sought value | $ 400 |
EQUITY (Details Narrative)
EQUITY (Details Narrative) - $ / shares | Mar. 31, 2022 | Dec. 31, 2021 |
Equity [Abstract] | ||
Common stock, shares authorized | 300,000,000 | 300,000,000 |
Common stock, shares issued | 300,000,000 | 300,000,000 |
Common stock, shares outstanding | 300,000,000 | 300,000,000 |
Common stock par or stated value, per share | $ 0 | $ 0 |
RELATED PARTY TRANSACTIONS (Det
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($) $ in Thousands | May 08, 2020 | Dec. 02, 2019 | Oct. 29, 2019 | Sep. 05, 2019 | Jul. 31, 2019 | Jun. 12, 2019 | Nov. 15, 2016 | Nov. 09, 2016 | Mar. 31, 2022 | Dec. 31, 2018 | Mar. 31, 2022 | Mar. 02, 2022 | Dec. 31, 2021 | Jul. 21, 2021 | Dec. 31, 2020 | Aug. 04, 2020 | Jul. 31, 2020 | Jun. 26, 2020 | Dec. 31, 2019 | Sep. 18, 2019 | Sep. 30, 2018 | Nov. 15, 2017 |
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Notes receivable, related party, current | $ 5,039 | $ 5,039 | $ 4,985 | |||||||||||||||||||
Reimbursement | $ 83 | |||||||||||||||||||||
Proceeds from related party debt | $ 5,000 | |||||||||||||||||||||
Average sale price percentage | 120.00% | |||||||||||||||||||||
Convertible Debt [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Notes payable | $ 56 | $ 112 | $ 56 | |||||||||||||||||||
Debt instrument, interest rate | 12.00% | 12.00% | 12.00% | |||||||||||||||||||
Convertible Note Warrants [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Convertible note warrants trigger value | $ 5,000 | 5,000 | ||||||||||||||||||||
Maslow Media Group, Inc [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Interest payable | $ 7 | |||||||||||||||||||||
Additional borrowings | 795 | 795 | 790 | |||||||||||||||||||
Interest Receivable | 5 | 5 | 5 | |||||||||||||||||||
Agreement [Member] | Vivos Holdings LLC [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Settlement obligation | $ 475 | |||||||||||||||||||||
Securities Purchase Agreement [Member] | Mark Speck [Member] | Warrant [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Warrants to purchase common shares | 81,616 | |||||||||||||||||||||
Debt instrument, periodic payment | $ 50 | |||||||||||||||||||||
Exchange | $ 50 | |||||||||||||||||||||
Securities Purchase Agreement [Member] | Nick Tsahalis [Member] | Common Stock [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Shares issued | 32,646 | |||||||||||||||||||||
Securities Purchase Agreement [Member] | Convertible Promissory Note [Member] | Nick Tsahalis [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument, periodic payment | $ 100 | |||||||||||||||||||||
Exchange | $ 100 | |||||||||||||||||||||
Vivos Holdings LLC [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument periodic payment | $ 30 | |||||||||||||||||||||
Notes receivable, related party, current | $ 5,039 | $ 5,039 | $ 4,985 | |||||||||||||||||||
Vivos Holdings LLC [Member] | Maslow Media Group, Inc [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Legal rate interest rate, percentage | 8.00% | |||||||||||||||||||||
Vivos Holdings LLC [Member] | Maslow Media Group, Inc [Member] | Minimum [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument, interest rate | 4.50% | 4.50% | ||||||||||||||||||||
Vivos Holdings LLC [Member] | Maslow Media Group, Inc [Member] | Maximum [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument, interest rate | 5.50% | 5.50% | ||||||||||||||||||||
Vivos Holdings LLC [Member] | Stock Purchase Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Notes payable | $ 3,420 | $ 3,420 | $ 1,773 | |||||||||||||||||||
Notes receivable, related parties | $ 1,400 | |||||||||||||||||||||
Debt instrument, maturity date | Sep. 20, 2023 | |||||||||||||||||||||
Debt instrument periodic payment | $ 15 | |||||||||||||||||||||
Interest payable | 38 | 38 | ||||||||||||||||||||
Additional borrowings | $ 4,258 | $ 2,007 | ||||||||||||||||||||
Vivos Holdings LLC [Member] | Stock Purchase Agreement [Member] | Second Loan [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument, interest rate | 2.50% | |||||||||||||||||||||
Vivos Holdings LLC [Member] | Stock Purchase Agreement [Member] | Maslow Media Group, Inc [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Proceeds from Previous Acquisition | $ 1,400 | |||||||||||||||||||||
Notes payable | $ 350 | |||||||||||||||||||||
Debt instrument, description | The promissory note was to be paid in twenty-four equal installments, including interest at 4.5%, in the amount of approximately $15, commencing six months after closing, with the last payment on March 1, 2019 | |||||||||||||||||||||
Additional borrowing | 2,503 | |||||||||||||||||||||
Vivos Holdings LLC [Member] | Maslow Media Group, Inc [Member] | Stock Purchase Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Business combination, equity interest percentage | 100.00% | |||||||||||||||||||||
Transaction costs | $ 1,750 | |||||||||||||||||||||
Vivos Real Estate [Member] | Second Loan [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument, interest rate | 3.50% | |||||||||||||||||||||
Vivos Real Estate [Member] | Vivos RE Promissory Note [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Notes payable | 823 | 823 | $ 772 | |||||||||||||||||||
Interest payable | $ 11 | $ 11 | ||||||||||||||||||||
Vivos Real Estate [Member] | New Loan [Member] | Vivos RE Promissory Note [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Notes payable | $ 781 | |||||||||||||||||||||
Mr. Naveen Doki [Member] | Personal Guaranty Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Repayments of debt | $ 3,000 | |||||||||||||||||||||
Mr. Naveen Doki [Member] | Maslow Media Group, Inc [Member] | Personal Guaranty Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Business combination, equity interest percentage | 5.00% | |||||||||||||||||||||
Vivos [Member] | Maslow Media Group, Inc [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument periodic payment | $ 10 | |||||||||||||||||||||
Vivos [Member] | Secured Promissory Note Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Shares issued | 30,000,000 | |||||||||||||||||||||
Vivos [Member] | Secured Promissory Note Agreement [Member] | Maslow Media Group, Inc [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Debt instrument, interest rate | 2.50% | |||||||||||||||||||||
Debt instrument, maturity date | Nov. 1, 2026 | |||||||||||||||||||||
Additional borrowings | $ 750 | |||||||||||||||||||||
Naveen Doki [Member] | Merger Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Shares issued | 206,606,528 | |||||||||||||||||||||
Debt Conversion, Converted Instrument, Rate | 68.90% | |||||||||||||||||||||
Silvija Valleru [Member] | Merger Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Shares issued | 51,652,908 | |||||||||||||||||||||
Debt Conversion, Converted Instrument, Rate | 17.20% | |||||||||||||||||||||
Hawkeye Enterprises, Inc [Member] | Securities Purchase Agreement [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Non refundable deposit | $ 75 | |||||||||||||||||||||
Hawkeye Enterprises, Inc [Member] | Securities Purchase Agreement [Member] | Maslow Media Group, Inc [Member] | Mark Speck [Member] | Common Stock [Member] | ||||||||||||||||||||||
Related Party Transaction [Line Items] | ||||||||||||||||||||||
Warrants to purchase common shares | 16,323 |
SCHEDULE OF RECONCILIATION OF R
SCHEDULE OF RECONCILIATION OF REVENUE AND OPERATING INCOME BY REPORTABLE SEGMENT TO CONSOLIDATED RESULTS (Details) - USD ($) $ in Thousands | 3 Months Ended | |
Mar. 31, 2022 | Mar. 31, 2021 | |
Segment Reporting Information [Line Items] | ||
Total | $ 5,783 | $ 5,794 |
EOR [Member] | ||
Segment Reporting Information [Line Items] | ||
Total | 4,773 | 4,497 |
Recruiting And Staffing [Member] | ||
Segment Reporting Information [Line Items] | ||
Total | 923 | 884 |
Permanent Placement [Member] | ||
Segment Reporting Information [Line Items] | ||
Total | 39 | |
Video And Multimedia Production [Member] | ||
Segment Reporting Information [Line Items] | ||
Total | $ 48 | $ 413 |
BUSINESS SEGMENTS (Details Narr
BUSINESS SEGMENTS (Details Narrative) | 3 Months Ended |
Mar. 31, 2022Integer | |
Segment Reporting [Abstract] | |
Number of Operating Segments | 4 |