2022 Q3 Form 10-Q Financial Statement
#000101738622000377 Filed on August 23, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | -$40.00 | $590.00 | |
YoY Change | -103.64% | -88.76% | |
Cash & Equivalents | -$40.00 | $590.00 | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $64.96K | $65.59K | |
YoY Change | -1.72% | -6.63% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $5.278K | $6.610K | |
YoY Change | -57.61% | -46.91% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $9.467M | $9.883M | |
YoY Change | -18.99% | -17.48% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $64.96K | $65.59K | |
Total Long-Term Assets | $9.467M | $9.883M | |
Total Assets | $9.532M | $9.949M | |
YoY Change | -18.89% | -17.41% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $60.25K | $54.75K | |
YoY Change | -10.14% | ||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | $123.9K | ||
YoY Change | |||
Short-Term Debt | $1.090M | $1.079M | |
YoY Change | 38.61% | 86.34% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.292M | $1.276M | |
YoY Change | -22.01% | -6.51% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.292M | $1.276M | |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $1.292M | $1.276M | |
YoY Change | -22.01% | -6.51% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$38.65M | ||
YoY Change | |||
Common Stock | $77.24K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $8.240M | $8.673M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $9.532M | $9.949M | |
YoY Change | -18.89% | -17.41% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 Q1 |
---|
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q2 | us-gaap |
Interest Expense
InterestExpense
|
usd | |
CY2022Q2 | xfci |
Revenues Total
RevenuesTotal
|
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CY2022Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
CY2021Q2 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
usd | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001379043 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
CY2022Q2 | us-gaap |
Revenues
Revenues
|
usd | |
CY2022Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
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us-gaap |
Interest Income Operating
InterestIncomeOperating
|
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us-gaap |
Interest Income Operating
InterestIncomeOperating
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
usd | ||
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
usd | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
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us-gaap |
Interest Paid
InterestPaid
|
usd | ||
us-gaap |
Interest Paid
InterestPaid
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
us-gaap |
Stock Issued1
StockIssued1
|
usd | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
333-140177 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
XTREME FIGHTING CHAMPIONSHIPS, INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
98-0503336 | ||
CY2021Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
17987 | usd |
CY2022Q2 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
123900 | usd |
CY2021Q4 | us-gaap |
Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
|
123900 | usd |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1292259 | usd |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
1275406 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
1292259 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
1275406 | usd |
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
495 Grand Boulevard | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
/unit 206 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Miramar Beach | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
32550 | ||
dei |
City Area Code
CityAreaCode
|
(949) | ||
dei |
Local Phone Number
LocalPhoneNumber
|
290-4914 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
CY2021Q4 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
1079118 | usd |
CY2022Q2 | us-gaap |
Other Liabilities
OtherLiabilities
|
17987 | usd |
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2022Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
77243073 | shares |
CY2022Q2 | xfci |
Cash And Cash Equivalents At Carrying Value1
CashAndCashEquivalentsAtCarryingValue1
|
-40 | usd |
CY2021Q4 | xfci |
Cash And Cash Equivalents At Carrying Value1
CashAndCashEquivalentsAtCarryingValue1
|
23119 | usd |
CY2022Q2 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
65000 | usd |
CY2021Q4 | us-gaap |
Due From Related Parties Current
DueFromRelatedPartiesCurrent
|
65000 | usd |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
64960 | usd |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
88119 | usd |
CY2022Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5278 | usd |
CY2021Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
7778 | usd |
CY2022Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
9461983 | usd |
CY2021Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
10351891 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
9532221 | usd |
CY2021Q4 | us-gaap |
Assets
Assets
|
10447788 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
37331 | usd |
CY2021Q4 | us-gaap |
Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
37331 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
22920 | usd |
CY2021Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
17070 | usd |
CY2022Q2 | us-gaap |
Convertible Debt Current
ConvertibleDebtCurrent
|
1090121 | usd |
CY2022Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
2 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
2 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2021Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
1 | usd |
CY2021Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
1 | usd |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
77243073 | shares |
CY2022Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-421937 | usd |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
77243073 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
77243073 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
77243073 | shares |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
77243 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
77243 | usd |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
46815102 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
46815102 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-38652384 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-37719964 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8239962 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9172382 | usd |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9532221 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
10447788 | usd |
CY2021Q2 | us-gaap |
Revenues
Revenues
|
315 | usd |
us-gaap |
Revenues
Revenues
|
68000 | usd | |
us-gaap |
Revenues
Revenues
|
36598 | usd | |
CY2021Q2 | xfci |
Revenues Total
RevenuesTotal
|
315 | usd |
xfci |
Revenues Total
RevenuesTotal
|
68000 | usd | |
xfci |
Revenues Total
RevenuesTotal
|
36598 | usd | |
CY2022Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6056 | usd |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
285801 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
97009 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
908103 | usd | |
CY2022Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
415881 | usd |
CY2021Q2 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
289994 | usd |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
892408 | usd | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
579988 | usd | |
CY2022Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
421937 | usd |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
575795 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
989417 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
1488091 | usd | |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-575480 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-921417 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1451493 | usd | |
CY2022Q2 | us-gaap |
Interest Expense
InterestExpense
|
11003 | usd |
us-gaap |
Interest Expense
InterestExpense
|
11003 | usd | |
us-gaap |
Interest Expense
InterestExpense
|
22006 | usd | |
CY2021Q2 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
11003 | usd |
CY2022Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-11003 | usd |
CY2021Q2 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
11003 | usd |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-11003 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-22006 | usd | |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-432940 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-564477 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-932420 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1473499 | usd | |
CY2022Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2021Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | ||
CY2022Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
77243073 | shares |
CY2021Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
144362797 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
77243073 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
144362797 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
9172382 | usd |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-499480 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8672902 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-432940 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
8239962 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
11568699 | usd |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-887029 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10681670 | usd |
CY2021Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-586483 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10095187 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-932420 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-1473499 | usd | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
84344 | usd | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
892408 | usd | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
579988 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
11732 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
11003 | usd | |
us-gaap |
Increase Decrease In Notes Payable Related Parties
IncreaseDecreaseInNotesPayableRelatedParties
|
5850 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
785486 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-23159 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11949 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-23159 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-11949 | usd | |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
23119 | usd |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13049 | usd |
CY2022Q2 | xfci |
Cash And Cash Equivalents At Carrying Value1
CashAndCashEquivalentsAtCarryingValue1
|
-40 | usd |
CY2021Q2 | xfci |
Cash And Cash Equivalents At Carrying Value1
CashAndCashEquivalentsAtCarryingValue1
|
1100 | usd |
us-gaap |
Property Plant And Equipment Useful Life
PropertyPlantAndEquipmentUsefulLife
|
P3Y | ||
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-38652384 | usd |
CY2022Q2 | xfci |
Working Cpaital
WorkingCpaital
|
1227299 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-932420 | usd |