2024 Q3 Form 10-Q Financial Statement
#000147793224004443 Filed on July 31, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $7.966K | $6.322K | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $7.966K | ||
YoY Change | -57.22% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $0.00 | ||
YoY Change | -100.0% | ||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | ||
YoY Change | -100.0% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $7.966K | ||
Total Long-Term Assets | $0.00 | ||
Total Assets | $7.966K | ||
YoY Change | -58.03% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $31.43K | ||
YoY Change | 76.22% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $31.43K | ||
Total Long-Term Liabilities | |||
Total Liabilities | $31.43K | ||
YoY Change | 76.22% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$56.71K | -$52.56K | |
YoY Change | 76.65% | 88.06% | |
Common Stock | $7.825K | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$23.46K | -$19.31K | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.966K | ||
YoY Change | -58.03% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 Q1 |
---|
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
18621 | usd |
CY2022Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
1079 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
10551 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
32104 | usd |
CY2023Q3 | tanico |
Expected Income Tax Benefit From Nol Carry Forward
ExpectedIncomeTaxBenefitFromNolCarryForward
|
6742 | usd |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
33294 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7966 | usd |
us-gaap |
Interest Paid
InterestPaid
|
0 | usd | |
us-gaap |
Interest Paid
InterestPaid
|
0 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-11350 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4435 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
0 | usd |
CY2023Q2 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
861 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
1360 | usd | |
CY2023Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
3927 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
10166 | usd | |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
4158 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
11526 | usd | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-4158 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-6526 | usd | |
CY2023Q2 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4158 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-6526 | usd | |
CY2024Q2 | tanico |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.00 | |
CY2023Q2 | tanico |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.00 | |
tanico |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.00 | ||
tanico |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.00 | ||
CY2024Q2 | tanico |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
7825000 | shares |
CY2023Q2 | tanico |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
7867198 | shares |
tanico |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
7825000 | shares | |
tanico |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
6677253 | shares | |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001895939 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--09-30 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7825000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7825000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
7825000 | shares |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity File Number
EntityFileNumber
|
333-261643 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
TANICO INC. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
37-2002382 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
387 Whitby Shores Greenway | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Whitby | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
ON | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
L1N 9R6 | ||
dei |
Entity Address Country
EntityAddressCountry
|
CA | ||
dei |
City Area Code
CityAreaCode
|
775 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
404-0333 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2024Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7825000 | shares |
CY2024Q2 | tanico |
Due To Related Party Current
DueToRelatedPartyCurrent
|
28829 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
12112 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
6526 | usd | |
us-gaap |
Depreciation
Depreciation
|
241 | usd | |
us-gaap |
Depreciation
Depreciation
|
360 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
0 | usd | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-5000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5500 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-7901 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-17371 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-19067 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
11038 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
894 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
0 | usd | |
us-gaap |
Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
|
3500 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11038 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
4394 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-6333 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-14673 | usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
14299 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15785 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3520 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-19305 | usd |
CY2024Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4157 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-23462 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
4172 | usd |
CY2022Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
5300 | usd |
CY2023Q1 | tanico |
Cancellation Of Common Shares Amount
CancellationOfCommonSharesAmount
|
-1000 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3447 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6104 | usd |
CY2023Q2 | tanico |
Cancellation Of Common Shares Amount
CancellationOfCommonSharesAmount
|
-800 | usd |
CY2023Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4158 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1146 | usd |
CY2024Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
100000 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-56712 | usd |
CY2024Q2 | us-gaap |
Capital
Capital
|
23462 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
0 | usd |
CY2023Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
241 | usd |
us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
241 | usd | |
us-gaap |
Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
|
240 | usd | |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2023 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
180000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
7825000 | shares |
us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
-12112 | usd | |
us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
-6526 | usd | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-2544 | usd | |
us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1370 | usd | |
us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
2544 | usd | |
us-gaap |
Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
|
1370 | usd | |
us-gaap |
Increase Decrease In Operating Assets
IncreaseDecreaseInOperatingAssets
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
56712 | usd |
CY2024Q2 | tanico |
Expected Income Tax Benefit From Nol Carry Forward
ExpectedIncomeTaxBenefitFromNolCarryForward
|
11910 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
56712 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.210 | pure |
CY2023Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.210 | pure |
CY2024Q2 | tanico |
Expected Income Tax Benefit From Nol Carry Forward
ExpectedIncomeTaxBenefitFromNolCarryForward
|
11910 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11910 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
6742 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
CY2023Q3 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
0 | usd |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | pure | |
us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | pure | |
tanico |
Effectiveincometaxratenet Operating Loss Nol Carry Forward
EffectiveincometaxratenetOperatingLossNolCarryForward
|
-0.210 | pure | |
tanico |
Effectiveincometaxratenet Operating Loss Nol Carry Forward
EffectiveincometaxratenetOperatingLossNolCarryForward
|
-0.210 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | pure | |
us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.000 | pure | |
tanico |
Description Of Tax Returns Remaining Subject To Irs Audits
DescriptionOfTaxReturnsRemainingSubjectToIrsAudits
|
The Company has filed its corporation income tax return for the reporting period ended September 30, 2023, which will remain subject to examination by the Internal Revenue Service under the statute of limitations for a period of three (3) years from the date it is filed |