2024 Q3 Form 10-Q Financial Statement

#000147793224004443 Filed on July 31, 2024

View on sec.gov

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
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18621 usd
CY2022Q4 us-gaap Net Income Loss
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CY2022Q4 us-gaap Stockholders Equity
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CY2023Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2023Q3 tanico Expected Income Tax Benefit From Nol Carry Forward
ExpectedIncomeTaxBenefitFromNolCarryForward
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Interest Paid
InterestPaid
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us-gaap Interest Paid
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us-gaap Income Taxes Paid
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us-gaap Income Taxes Paid
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StockholdersEquity
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CY2023Q2 us-gaap Revenues
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us-gaap Other General And Administrative Expense
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CY2023Q2 us-gaap Professional Fees
ProfessionalFees
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us-gaap Professional Fees
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CY2023Q2 us-gaap Operating Expenses
OperatingExpenses
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us-gaap Operating Expenses
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us-gaap Operating Income Loss
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CY2023Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Net Income Loss
NetIncomeLoss
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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
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CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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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
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us-gaap Profit Loss
ProfitLoss
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us-gaap Depreciation
Depreciation
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Depreciation
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
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us-gaap Proceeds From Related Party Debt
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us-gaap Proceeds From Issuance Or Sale Of Equity
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0 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
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3500 usd
us-gaap Net Cash Provided By Used In Financing Activities
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11038 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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-14673 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
-15785 usd
CY2024Q1 us-gaap Net Income Loss
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CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
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StockholdersEquity
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stock Issued During Period Value New Issues
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CY2023Q1 tanico Cancellation Of Common Shares Amount
CancellationOfCommonSharesAmount
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CY2023Q1 us-gaap Net Income Loss
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CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q2 us-gaap Cash Fdic Insured Amount
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CY2024Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2024Q2 us-gaap Capital
Capital
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CY2024Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
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us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
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us-gaap Depreciation Expense On Reclassified Assets
DepreciationExpenseOnReclassifiedAssets
240 usd
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
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CY2023 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
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CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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us-gaap Income Loss From Subsidiaries Before Tax
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us-gaap Income Loss From Subsidiaries Before Tax
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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us-gaap Valuation Allowances And Reserves Deductions
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us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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CY2024Q2 tanico Expected Income Tax Benefit From Nol Carry Forward
ExpectedIncomeTaxBenefitFromNolCarryForward
11910 usd
CY2024Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2024Q2 us-gaap Debt Instrument Interest Rate Effective Percentage
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0.210 pure
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0.210 pure
CY2024Q2 tanico Expected Income Tax Benefit From Nol Carry Forward
ExpectedIncomeTaxBenefitFromNolCarryForward
11910 usd
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
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DeferredTaxAssetsValuationAllowance
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CY2024Q2 us-gaap Deferred Tax Assets Liabilities Net
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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210 pure
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210 pure
tanico Effectiveincometaxratenet Operating Loss Nol Carry Forward
EffectiveincometaxratenetOperatingLossNolCarryForward
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tanico Effectiveincometaxratenet Operating Loss Nol Carry Forward
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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

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