false
0001874875
0001874875
2024-08-09
2024-08-09
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date
of report (Date of earliest event reported): August 9, 2024
HOUR
LOOP, INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-41204 |
|
47-2869399 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
Number) |
8201
164th Ave NE #200, Redmond, WA 98052-7615
(Address
of principal executive offices)
(206)
385-0488 ext. 100
(Registrant’s
telephone number, including area code)
N/A
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2.)
☐ |
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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 |
|
HOUR |
|
The
Nasdaq Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ☐
Item
2.02. Results of Operations and Financial Condition.
On
August 9, 2024, Hour Loop, Inc. (the “Company”) issued a press release announcing its financial results for the three and
six months ended June 30, 2024. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information contained in the website is not a part of this current report on Form 8-K.
In
accordance with General Instruction B.2 of Form 8-K, the information included in this Item 2.02, including Exhibit 99.1, shall not be
deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”),
or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended (the “Securities Act”), or the Exchange Act, except as shall be expressly set
forth by specific reference in such a filing.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits.
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 hereunto duly authorized.
|
HOUR
LOOP, INC. |
|
|
|
Dated:
August 9, 2024 |
By: |
/s/
Sam Lai |
|
Name: |
Sam
Lai |
|
Title: |
Chief
Executive Officer and Interim Chief Financial Officer |
Exhibit
99.1
Hour
Loop Reports Second Quarter 2024 Results
Profitability
Continues Despite Warning Signs for the Overall Economy
Increases
Full Year 2024 Revenue and Net Income Guidance
Redmond,
WA, Aug 9, 2024 – Hour Loop, Inc. (NASDAQ: HOUR) (“Hour Loop”), a leading online retailer, announces its financial
and operational results for the quarter ended June 30, 2024.
Financial
Highlights for Second Quarter 2024:
● |
Net revenues increased 25.2% to $28.1 million, compared to $22.4 million in the year-ago period; |
● |
Net income totaled $0.6 million, compared to net loss of $0.8 million in the year-ago period;
and |
● |
Cash provided for operating activities for the six months ended June 30, 2024, was $0.9 million, compared to cash used in operating activities
of $3.4 million in the year-ago period. |
Management
Commentary
“We
are excited to report our second quarter 2024 results, in which we continued to deliver double digit revenue growth,” said Sam
Lai, CEO of Hour Loop. “In addition, the revenue growth rate accelerates in the second quarter, compared with the first quarter.”
“Our
gross margin and operating margin were both improved, compared with the year-ago period, because of efforts made for inventory quality
and efficiency enhancement, operation efficiency improvement, as well as expenses management. Overall, we believe we’ve built a
solid foundation to continue generating satisfactory growth while maintaining profitability.”
“Looking
forward, we’re cautiously optimistic. Despite an uncertain economy, we continue to see good demand for our products so far in 2024.
We are confident in our ability to continue delivering value to our vendors, customers, and shareholders.”
Second
Quarter 2024 Financial Results
Net
revenues in the first quarter of 2024 were $28.1 million, compared to $22.4 million in the year-ago period. The increase was primarily
due to continued growth and maturity in our personnel and operating model, despite the overall e-commerce traffic slowdown and intense
competition.
Gross
profit percentage increased 5.0% to 55.7%, compared to 50.7% of net revenues in the comparable period a year ago. The increase was a
function of improved product costs, enhanced inventory quality and efficiency, and efforts made on margin increase.
Operating
expenses as a percentage of net revenues decreased 2.1% to 52.3%, compared to 54.4% of net revenues in the year-ago period. The decrease
reflected better management of storage fees and labor costs.
Net
income in the second quarter of 2024 was $0.6 million, or $0.02 per diluted share, compared to net loss of $0.8 million,
or $0.02 per diluted share, in the comparable year-ago period. The increase was driven by reduced costs as a result of the reasons mentioned
above and efforts made for expenses management.
As
of June 30, 2024, the Company had $3.3 million in cash and cash equivalents, compared to $2.5 million as of December 31, 2023. This increase
was mainly from the profit contribution.
Inventories
as of June 30, 2024, were $14.7 million, compared to $14.3 million as of December 31, 2023. The increase is a combination of good sales
momentum in the first half of 2024 and purchase growth in view of the upcoming holidays.
Full
Year 2024 Financial Outlook
For
the full year 2024, Hour Loop is increasing its guidance for net revenue to be in the range of $165 million to $250 million, representing
25% to 89% year-over-year growth. The Company also increases its guidance for net income in 2024 to be in the range of $4 million to
$6 million.
About
Hour Loop, Inc.
Hour
Loop is an online retailer engaged in e-commerce retailing in the U.S. market. It has operated as a third-party seller on www.amazon.com
and has sold merchandise on its website at www.hourloop.com since 2013. Hour Loop further expanded its operations to other marketplaces
such as Walmart, eBay, and Etsy. To date, Hour Loop has generated practically all its revenue as a third-party seller on www.amazon.com
and only a negligible amount of revenue from its own website and other marketplaces. Hour Loop manages more than 100,000 stock-keeping
units (“SKUs”). Product categories include home/garden décor, toys, kitchenware, apparel, and electronics. Hour Loop’s
primary strategy is to bring most of its vendors’ product selections to the customers. It has advanced software that assists Hour
Loop in identifying product gaps so it can keep such products in stock year-round including the entirety of the last quarter (holiday
season) of the calendar year. In upcoming years, Hour Loop plans to expand its business rapidly by increasing the number of business
managers, vendors, and SKUs.
Forward-Looking
Statements
This
press release contains statements that constitute “forward-looking statements” including with respect to Hour Loop’s
business strategy, product development and industry trends. Forward-looking statements are subject to numerous conditions, many of which
are beyond the control of Hour Loop. While Hour Loop believes these forward-looking statements are reasonable, undue reliance should
not be placed on any such forward-looking statements, which are based on information available to Hour Loop on the date of this release.
These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties,
including, without limitation, those set forth in Hour Loop’s filings with the Securities and Exchange Commission, as the same
may be updated from time to time. Thus, actual results could be materially different. Hour Loop undertakes no obligation to update these
statements whether as a result of new information, future events or otherwise, after the date of this release, except as required by
law.
Investor
Contact
Finance
Department, Hour Loop, Inc.
finance@hourloop.com
HOUR
LOOP, INC.
CONSOLIDATED
BALANCE SHEETS
(In
U.S. Dollars, except for share data)
As
of June 30, 2024 and December 31, 2023
(Unaudited)
| |
June 30, | |
December 31, |
| |
2024 | |
2023 |
| |
| |
|
ASSETS | |
| | | |
| | |
Current assets | |
| | | |
| | |
Cash | |
$ | 3,346,897 | | |
$ | 2,484,153 | |
Accounts receivable, net | |
| 753,244 | | |
| 747,650 | |
Inventory, net | |
| 14,658,081 | | |
| 14,276,555 | |
Prepaid expenses and other current assets | |
| 467,770 | | |
| 504,973 | |
Total current assets | |
| 19,225,992 | | |
| 18,013,331 | |
| |
| | | |
| | |
Property and equipment, net | |
| 104,521 | | |
| 148,788 | |
Deferred tax assets | |
| 732,919 | | |
| 1,304,215 | |
Operating lease right-of-use lease assets | |
| 153,404 | | |
| 83,946 | |
Total non-current assets | |
| 990,844 | | |
| 1,536,949 | |
TOTAL ASSETS | |
$ | 20,216,836 | | |
$ | 19,550,280 | |
| |
| | | |
| | |
LIABILITIES AND STOCKHOLDERS’ EQUITY | |
| | | |
| | |
Current liabilities | |
| | | |
| | |
Accounts payable | |
$ | 5,688,328 | | |
$ | 3,812,954 | |
Credit cards payable | |
| 2,283,931 | | |
| 4,404,445 | |
Short-term loan | |
| 617,284 | | |
| 652,422 | |
Operating lease liabilities-current | |
| 159,915 | | |
| 82,269 | |
Income taxes payable | |
| 33,700 | | |
| - | |
Accrued expenses and other current liabilities | |
| 1,083,990 | | |
| 1,972,512 | |
Total current liabilities | |
| 9,867,148 | | |
| 10,924,602 | |
| |
| | | |
| | |
Non-current liabilities | |
| | | |
| | |
Operating lease liabilities-non-current | |
| - | | |
| 2,363 | |
Due to related parties | |
| 4,170,418 | | |
| 4,170,418 | |
Total non-current liabilities | |
| 4,170,418 | | |
| 4,172,781 | |
Total liabilities | |
| 14,037,566 | | |
| 15,097,383 | |
Commitments and contingencies | |
| - | | |
| | |
| |
| | | |
| | |
Stockholders’ equity | |
| | | |
| | |
Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding as of June 30, 2024 and December 31, 2023 | |
| - | | |
| - | |
Common stock: $0.0001 par value, 300,000,000 shares authorized, 35,108,804 and 35,082,464 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively | |
| 3,510 | | |
| 3,508 | |
Additional paid-in capital | |
| 5,763,648 | | |
| 5,727,650 | |
Retained earnings (accumulated deficit) | |
| 462,342 | | |
| (1,252,622 | ) |
Accumulated other comprehensive loss | |
| (50,230 | ) | |
| (25,639 | ) |
Total stockholders’ equity | |
| 6,179,270 | | |
| 4,452,897 | |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | |
$ | 20,216,836 | | |
$ | 19,550,280 | |
The
accompanying footnotes are an integral part of these unaudited consolidated financial statements.
HOUR
LOOP, INC.
CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS)
(In
U.S. Dollars, except for share and per share data)
For
the Three and Six Months Ended June 30, 2024 and 2023
(Unaudited)
| |
Three Months | |
Three Months | |
Six Months | |
Six Months |
| |
Ended | |
Ended | |
Ended | |
Ended |
| |
June 30, | |
June 30, | |
June 30, | |
June 30, |
| |
2024 | |
2023 | |
2024 | |
2023 |
| |
| |
| |
| |
|
Revenues, net | |
$ | 28,070,707 | | |
$ | 22,417,448 | | |
$ | 52,751,829 | | |
$ | 43,485,057 | |
Cost of revenues | |
| (12,445,297 | ) | |
| (11,059,899 | ) | |
| (22,674,213 | ) | |
| (22,511,806 | ) |
Gross profit | |
| 15,625,410 | | |
| 11,357,549 | | |
| 30,077,616 | | |
| 20,973,251 | |
| |
| | | |
| | | |
| | | |
| | |
Operating expenses | |
| | | |
| | | |
| | | |
| | |
Selling and marketing | |
| 12,843,697 | | |
| 10,245,912 | | |
| 24,017,888 | | |
| 19,752,883 | |
General and administrative | |
| 1,844,517 | | |
| 1,958,849 | | |
| 3,584,360 | | |
| 3,679,839 | |
Total operating expenses | |
| 14,688,214 | | |
| 12,204,761 | | |
| 27,602,248 | | |
| 23,432,722 | |
| |
| | | |
| | | |
| | | |
| | |
Income (loss) from operations | |
| 937,196 | | |
| (847,212 | ) | |
| 2,475,368 | | |
| (2,459,471 | ) |
| |
| | | |
| | | |
| | | |
| | |
Other (expenses) income | |
| | | |
| | | |
| | | |
| | |
Other expense | |
| (4,777 | ) | |
| (1,063 | ) | |
| (5,933 | ) | |
| (3,943 | ) |
Interest expense | |
| (61,984 | ) | |
| (62,392 | ) | |
| (124,096 | ) | |
| (123,488 | ) |
Other income | |
| 59,477 | | |
| 20,317 | | |
| 87,511 | | |
| 36,352 | |
Total other expenses, net | |
| (7,284 | ) | |
| (43,138 | ) | |
| (42,518 | ) | |
| (91,079 | ) |
| |
| | | |
| | | |
| | | |
| | |
Income (loss) before income taxes | |
| 929,912 | | |
| (890,350 | ) | |
| 2,432,850 | | |
| (2,550,550 | ) |
Income tax (expense) benefit | |
| (280,762 | ) | |
| 120,982 | | |
| (717,886 | ) | |
| 545,938 | |
| |
| | | |
| | | |
| | | |
| | |
Net income (loss) | |
| 649,150 | | |
| (769,368 | ) | |
| 1,714,964 | | |
| (2,004,612 | ) |
| |
| | | |
| | | |
| | | |
| | |
Other comprehensive loss | |
| | | |
| | | |
| | | |
| | |
Foreign currency translation adjustments | |
| (8,058 | ) | |
| (9,192 | ) | |
| (24,591 | ) | |
| (7,853 | ) |
| |
| | | |
| | | |
| | | |
| | |
Total comprehensive income (loss) | |
$ | 641,092 | | |
$ | (778,560 | ) | |
$ | 1,690,373 | | |
$ | (2,012,465 | ) |
| |
| | | |
| | | |
| | | |
| | |
Basic and diluted income (loss) per common share | |
$ | 0.02 | | |
$ | (0.02 | ) | |
$ | 0.05 | | |
$ | (0.06 | ) |
Weighted-average number of common shares outstanding | |
| 35,108,804 | | |
| 35,055,293 | | |
| 35,102,203 | | |
| 35,056,510 | |
The
accompanying footnotes are an integral part of these unaudited consolidated financial statements.
HOUR
LOOP, INC.
CONSOLIDATED
STATEMENTS OF CASH FLOWS
(In
U.S. Dollars)
For
the Six Months Ended June 30, 2024 and 2023
(Unaudited)
| |
Six Months | |
Six Months |
| |
Ended | |
Ended |
| |
June 30, | |
June 30, |
| |
2024 | |
2023 |
| |
| |
|
Cash flows from operating activities | |
| | | |
| | |
Net Income (loss) | |
$ | 1,714,964 | | |
$ | (2,004,612 | ) |
Reconciliation of net income (loss) to net cash used in operating activities: | |
| | | |
| | |
Depreciation expenses | |
| 70,920 | | |
| 68,634 | |
Amortization of Operating lease right-of-use lease assets | |
| 98,773 | | |
| 179,774 | |
Deferred tax assets | |
| 571,296 | | |
| (545,938 | ) |
Stock-based compensation | |
| 36,000 | | |
| 34,333 | |
Inventory allowance | |
| 645,379 | | |
| 1,054,242 | |
Changes in operating assets and liabilities: | |
| | | |
| | |
Accounts receivable | |
| (5,594 | ) | |
| 30,045 | |
Inventory | |
| (1,026,905 | ) | |
| 3,329,545 | |
Prepaid expenses and other current assets | |
| 37,203 | | |
| (130,528 | ) |
Accounts payable | |
| 1,875,374 | | |
| (1,549,988 | ) |
Credit cards payable | |
| (2,120,514 | ) | |
| (2,884,424 | ) |
Accrued expenses and other current liabilities | |
| (888,522 | ) | |
| (813,678 | ) |
Operating lease liabilities | |
| (92,899 | ) | |
| (191,845 | ) |
Income taxes payable | |
| 33,700 | | |
| - | |
Net cash provided by (used in) operating activities | |
| 949,175 | | |
| (3,424,440 | ) |
| |
| | | |
| | |
Cash flows from investing activities: | |
| | | |
| | |
Purchases of property and equipment | |
| (34,593 | ) | |
| (5,881 | ) |
Net cash used in investing activities | |
| (34,593 | ) | |
| (5,881 | ) |
| |
| | | |
| | |
Effect of changes in foreign currency exchange rates | |
| (51,838 | ) | |
| (13,597 | ) |
| |
| | | |
| | |
Net change in cash | |
| 862,744 | | |
| (3,443,918 | ) |
| |
| | | |
| | |
Cash at beginning of the period | |
| 2,484,153 | | |
| 4,562,589 | |
| |
| | | |
| | |
Cash at end of the period | |
$ | 3,346,897 | | |
$ | 1,118,671 | |
| |
| | | |
| | |
Supplemental disclosures of cash flow information: | |
| | | |
| | |
Cash paid for interest | |
$ | 9,883 | | |
$ | 167,017 | |
Cash paid for income tax | |
$ | 109,260 | | |
$ | - | |
Noncash investing and financing activities: | |
| | | |
| | |
Operating lease right-of-use of assets and operating lease liabilities recognized | |
$ | 172,903 | | |
$ | 28,407 | |
The
accompanying footnotes are an integral part of these unaudited consolidated financial statements.
v3.24.2.u1
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 |
- 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 |
- 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 |
- 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 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 |
- 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 |
- 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 |
- 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 |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 13e -Subsection 4c
+ Details
Name: |
dei_PreCommencementIssuerTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14d -Subsection 2b
+ Details
Name: |
dei_PreCommencementTenderOffer |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
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 |
- DefinitionName of the Exchange on which a security is registered.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 12 -Subsection d1-1
+ Details
Name: |
dei_SecurityExchangeName |
Namespace Prefix: |
dei_ |
Data Type: |
dei:edgarExchangeCodeItemType |
Balance Type: |
na |
Period Type: |
duration |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Exchange Act -Number 240 -Section 14a -Subsection 12
+ Details
Name: |
dei_SolicitingMaterial |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
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 |
|
X |
- DefinitionBoolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ ReferencesReference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Securities Act -Number 230 -Section 425
+ Details
Name: |
dei_WrittenCommunications |
Namespace Prefix: |
dei_ |
Data Type: |
xbrli:booleanItemType |
Balance Type: |
na |
Period Type: |
duration |
|
Hour Loop (NASDAQ:HOUR)
Gráfico Histórico do Ativo
De Nov 2024 até Dez 2024
Hour Loop (NASDAQ:HOUR)
Gráfico Histórico do Ativo
De Dez 2023 até Dez 2024