false
0001582982
0001582982
2025-01-21
2025-01-21
0001582982
CCLD:CommonStockParValue0.001PerShareMember
2025-01-21
2025-01-21
0001582982
CCLD:Sec8.75SeriesCumulativeRedeemablePerpetualPreferredStockParValue0.001PerShareMember
2025-01-21
2025-01-21
0001582982
CCLD:Sec8.75SeriesBCumulativeRedeemablePerpetualPreferredStockParValue0.001PerShareMember
2025-01-21
2025-01-21
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): January 21, 2025
CARECLOUD,
INC.
(Exact
name of registrant as specified in its charter)
Delaware |
|
001-36529 |
|
22-3832302 |
(State
or other jurisdiction
of incorporation) |
|
(Commission
File Number) |
|
(IRS
Employer
Identification No.) |
7
Clyde Road, Somerset, New Jersey, 08873
(Address of principal executive offices, zip code)
(732)
873-5133
(Registrant’s
telephone number, including area code)
Not
Applicable
(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:
☐ |
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, par value $0.001 per share |
|
CCLD |
|
Nasdaq
Global Market |
8.75%
Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share |
|
CCLDP |
|
Nasdaq
Global Market |
8.75%
Series B Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share |
|
CCLDO |
|
Nasdaq
Global Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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
7.01 Regulation FD Disclosure.
The
Registrant is hereby furnishing the following information under Regulation FD:
On
January 21, 2025, the Registrant issued a press release announcing that its Board of Directors declared monthly cash dividends for its
Series A Cumulative Redeemable Perpetual Preferred Stock and its Series B Cumulative Redeemable
Perpetual Preferred Stock for January and February 2025.
The
foregoing description of the dividend payment does not purport to be complete and is explained in the press release attached as Exhibit
99.1 to this Current Report on Form 8-K and incorporated herein by reference.
Safe
Harbor Statement
Statements
contained in the exhibit that state the Company’s or its management’s expectations or predictions of the future are forward-looking
statements intended to be covered by the safe harbor provisions of the Securities Act of 1933, as amended, and the Securities Exchange
Act of 1934, as amended. It is important to note that the Registrant’s actual results could differ materially from those projected
in such forward-looking statements. The Registrant does not assume any obligations to update any of the forward-looking statements contained
in the exhibit to reflect events that occur or circumstances that exist after the date on which they were made.
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.
|
|
CareCloud,
Inc. |
|
|
|
Date: |
January
21, 2025 |
By:
|
/s/
A. Hadi Chaudhry |
|
|
|
A.
Hadi Chaudhry |
|
|
|
Chief
Executive Officer |
Exhibit 99.1
CareCloud
Announces Early Resumption of Preferred Stock Dividend Payments
Accelerated
Timeline Reflects Strong Financial Performance and Commitment to Shareholder Value
SOMERSET,
N.J., January 21, 2025 (GLOBE NEWSWIRE) – CareCloud, Inc. (the “Company”) (Nasdaq: CCLD, CCLDO, CCLDP),
a leader in healthcare information technology and generative AI solutions for medical practices and health systems nationwide, today
announced that its Board of Directors (the “Board”) has decided to resume dividend payments on its Series A Cumulative Redeemable
Perpetual Preferred Stock (the “Series A Preferred Stock”) and Series B Cumulative Redeemable Perpetual Preferred Stock (the
“Series B Preferred Stock”) earlier than previously announced based on the Company’s success at accelerating free cash
flow.
“We
are thrilled to have reached this important milestone ahead of schedule and we want to express our sincerest thanks to our shareholders
for their strong support,” said Stephen Snyder, Co-Chief Executive Officer of CareCloud. “We expect an exciting 2025 as we
continue to achieve our profitability and free cash flow targets, while focusing on pivoting toward growth.”
Current
Redemption Value
For
purposes of illustration only, if the Company exercised its redemption right today, holders of Series A Preferred Stock would be entitled
to approximately $28.17 per share representing the redemption value of $25 and the accumulated dividends of $3.17. Also, for purposes
of illustration only, if the Company exercised its redemption right today, holders of Series B Preferred Stock would be entitled to approximately
$28.43 per share representing the current redemption price of $25.75 (comprised of the $25 stated value and a $.75 fee for early redemption)
and the accumulated dividends of $2.68.
The
underlying details regarding the foregoing are more set forth below. They are also contained in the descriptions of our Series A Preferred
Stock and Series B Preferred Stock, which are contained in our filings with the Securities and Exchange Commission (the “SEC”).
Dividends
Declared for January and February 2025
The
Board has declared dividends for January and February 2025. For Series A Preferred Stock, the dividends are calculated at an effective
monthly rate of 1/12th of 11%, which includes catch-up payments to account for the months when Series A dividends accumulated at 11%
per annum, prior to our Series A Preferred Stock shareholders’ decision in September 2024 to reduce the dividend rate to 8.75%
per annum. After paying the dividends for January and February, the Board intends to continue paying monthly dividends at the higher
effective rate of 11% per annum (inclusive of catch-up payments) for approximately 8 additional months before reducing the monthly dividend
to 1/12 of 8.75% per annum. For Series B Preferred Stock, the dividends are based on an effective monthly rate of 1/12th of 8.75% per
annum.
Declared
dividends per share for the months of January and February 2025 are set at $0.18229 for each month payable on February 18, 2025 and March
17, 2025, respectively. A Series A Preferred Stock catchup payment of $0.04688 per share is also included during each of these months,
payable on February 18, 2025 and March 17, 2025, respectively. Similarly, declared dividends for Series B Preferred Stock are set at
$0.18229 for January and February 2025, payable on February 18, 2025 and March 17, 2025, respectively. For January, the ex-dividend date
is January 30, the record date is January 31, and the payment date is February 18, 2025. For February, the ex-dividend date is February
27, the record date is February 28, and the payment date is March 17, 2025.
Additional
Details regarding the Preferred Stock
Holders
of shares of the Series A Preferred Stock for the month of January 2025 are entitled to receive cumulative cash dividends at the rate
of 8.75% per annum of the $25 per share liquidation preference (equivalent to $2.1875 per annum per share). Because (1) any dividend
payments made on either the Series A Preferred Stock or Series B Preferred Stock must first be credited against the earliest accumulated
but unpaid dividend due with respect to such preferred stock and (2) for such period, the cash dividend rate for the Series A Preferred
Stock was 11% per annum, rather than the current rate of 8.75% per annum, the Board authorized an additional payment equal to 2.25% per
share of Series A Preferred Stock. Holders of shares of the Series B Preferred Stock are entitled to receive cumulative cash dividends
at the rate of 8.75% per annum of the $25 per share liquidation preference (equivalent to $2.1875 per annum per share).
Dividends
on the Series A Preferred Stock and Series B Preferred Stock are cumulative and payable monthly on the 15th day of each month;
provided that if any dividend payment date is not a business day, then the dividend may be paid on the next succeeding business day.
Dividends are payable to holders of record on the applicable record date, which shall be the last day of the calendar month, whether
or not a business day.
About
CCLDP
CareCloud’s
Series A Preferred Stock trades on the Nasdaq Global Market under the ticker symbol “CCLDP.” The Company may, at its option,
upon not less than 30 nor more than 60 days’ written notice, redeem shares of the Series A Preferred Stock, in whole or in part,
at any time or from time to time, for cash at a redemption price of $25 per share, plus any accumulated and unpaid dividends thereon
to, but not including, the date fixed for redemption. Upon the occurrence of a “Change of Control” (as more fully described
in our public filings), if the Company does not elect to redeem shares of Series A Preferred Stock, holders of Series A Preferred Stock
may, upon written notice to the Company, exchange some or all of the shares of Series A Preferred Stock held by such holder into a number
of shares of the Company’s common stock per share of Series A Preferred Stock equal to the quotient obtained by dividing (1) $25
plus the amount of any accumulated and unpaid dividends on such share being exchanged by (2) the “Common Stock Price” (as
more fully described in our public filings) for such Change of Control.
The
Company also may, at its option, cause the outstanding shares of Series A Preferred Stock, in whole or in part, at any time or from time
to time, to be automatically exchanged for a number of shares of its common stock per share of Series A Preferred Stock equal to the
quotient obtained by dividing (1) $25 plus the amount of any accumulated and unpaid dividends on such share being exchanged by (2) the
volume weighted average price of the shares of the Company’s common stock for the twenty trading days ending on the first trading
day immediately preceding such exchange date.
About
CCLDO
CareCloud’s
Series B Preferred Stock trades on the Nasdaq Global Market under the ticker symbol “CCLDO.” Commencing on February 15, 2024,
the Company may, at its option, upon not less than 30 nor more than 60 days’ written notice, redeem the Series B Preferred Stock,
in whole or in part, at any time or from time to time, for cash at redemption prices of either $25.75 per share (for redemptions prior
to February 15, 2025), $25.50 per share (for redemptions on and after February 15, 2025 and prior to February 15, 2026), $25.25 per share
(for redemptions on and after February 15, 2026 and prior to February 15, 2027), or $25 per share (for redemptions on and after February
25, 2027), plus any accumulated and unpaid dividends thereon to, but not including, the date fixed for redemption. Upon the occurrence
of a Change of Control, the Company may, at its option, upon not less than 30 nor more than 60 days’ written notice, redeem the
Series B Preferred Stock, in whole or in part, within 120 days after the first date on which such Change of Control occurred, for cash
at a redemption price of $25 per share, plus any accumulated and unpaid dividends thereon to, but not including, the redemption date.
About
CareCloud
CareCloud
brings disciplined innovation to the business of healthcare. Our suite of AI and technology-enabled solutions helps clients increase
financial and operational performance, streamline clinical workflows and improve the patient experience. More than 40,000 providers count
on CareCloud to help them improve patient care, while reducing administrative burdens and operating costs. Learn more about our products
and services, including revenue cycle management (RCM), practice management (PM), electronic health records (EHR), business intelligence,
patient experience management (PXM) and digital health at www.carecloud.com.
To
listen to video presentations by CareCloud’s management team, read recent press releases and view our latest investor presentation,
please visit ir.carecloud.com.
Follow
CareCloud on LinkedIn, X and Facebook.
Disclaimer
This
press release is for information purposes only, and does not constitute an offer to sell or solicitation of an offer to buy, nor shall
there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful
prior to the registration or qualification under the securities laws of such state or jurisdiction.
Forward-Looking
Statements
This
press release contains various forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities
Litigation Reform Act of 1995. These statements relate to anticipated future events, future results of operations or future financial
performance. In some cases, you can identify forward-looking statements by terminology such as “may,” “might,”
“will,” “shall,” “should,” “could,” “intends,” “expects,” “plans,”
“goals,” “projects,” “anticipates,” “believes,” “seeks,” “estimates,”
“forecasts,” “predicts,” “possible,” “potential,” “target,” or “continue”
or the negative of these terms or other comparable terminology.
Our
operations involve risks and uncertainties, many of which are outside our control, and any one of which, or a combination of which, could
materially affect our results of operations and whether the forward-looking statements ultimately prove to be correct. Forward-looking
statements in this press release include, without limitation, statements reflecting management’s expectations for future financial
performance and operating expenditures, expected growth, profitability and business outlook, the impact of pandemics on our financial
performance and business activities, and the expected results from the integration of our acquisitions.
These
forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are only predictions, are
uncertain and involve substantial known and unknown risks, uncertainties and other factors which may cause our (or our industry’s)
actual results, levels of activity or performance to be materially different from any future results, levels of activity or performance
expressed or implied by these forward-looking statements. New risks and uncertainties emerge from time to time, and it is not possible
for us to predict all of the risks and uncertainties that could have an impact on the forward-looking statements, including without limitation,
risks and uncertainties relating to the Company’s ability to manage growth, migrate newly acquired customers and retain new and
existing customers, maintain cost-effective global operations, increase operational efficiency and reduce operating costs, predict and
properly adjust to changes in reimbursement and other industry regulations and trends, retain the services of key personnel, develop
new technologies, upgrade and adapt legacy and acquired technologies to work with evolving industry standards, compete with other companies’
products and services competitive with ours, and other important risks and uncertainties referenced and discussed under the heading titled
“Risk Factors” in the Company’s filings with the Securities and Exchange Commission.
The
statements in this press release are made as of the date of this press release, even if subsequently made available by the Company on
its website or otherwise. The Company does not assume any obligations to update the forward-looking statements provided to reflect events
that occur or circumstances that exist after the date on which they were made.
SOURCE
CareCloud
Company
Contact:
Norman
Roth
Interim
Chief Financial Officer and Corporate Controller
CareCloud,
Inc.
nroth@carecloud.com
Investor
Contact:
Stephen Snyder
Co-Chief
Executive Officer
CareCloud,
Inc.
ir@carecloud.com
v3.24.4
Cover
|
Jan. 21, 2025 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Jan. 21, 2025
|
Entity File Number |
001-36529
|
Entity Registrant Name |
CARECLOUD,
INC.
|
Entity Central Index Key |
0001582982
|
Entity Tax Identification Number |
22-3832302
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
7
Clyde Road
|
Entity Address, City or Town |
Somerset
|
Entity Address, State or Province |
NJ
|
Entity Address, Postal Zip Code |
08873
|
City Area Code |
(732)
|
Local Phone Number |
873-5133
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Entity Emerging Growth Company |
false
|
Common Stock, par value $0.001 per share |
|
Title of 12(b) Security |
Common
Stock, par value $0.001 per share
|
Trading Symbol |
CCLD
|
Security Exchange Name |
NASDAQ
|
8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share |
|
Title of 12(b) Security |
8.75%
Series A Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share
|
Trading Symbol |
CCLDP
|
Security Exchange Name |
NASDAQ
|
8.75% Series B Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share |
|
Title of 12(b) Security |
8.75%
Series B Cumulative Redeemable Perpetual Preferred Stock, par value $0.001 per share
|
Trading Symbol |
CCLDO
|
Security Exchange Name |
NASDAQ
|
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 |
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=CCLD_CommonStockParValue0.001PerShareMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=CCLD_Sec8.75SeriesCumulativeRedeemablePerpetualPreferredStockParValue0.001PerShareMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
X |
- Details
Name: |
us-gaap_StatementClassOfStockAxis=CCLD_Sec8.75SeriesBCumulativeRedeemablePerpetualPreferredStockParValue0.001PerShareMember |
Namespace Prefix: |
|
Data Type: |
na |
Balance Type: |
|
Period Type: |
|
|
CareCloud (NASDAQ:CCLDP)
Historical Stock Chart
Von Dez 2024 bis Jan 2025
CareCloud (NASDAQ:CCLDP)
Historical Stock Chart
Von Jan 2024 bis Jan 2025