ROCKETFUEL BLOCKCHAIN, INC.

2023 Q1 Form 10-Q Financial Statement

#000149315223010494 Filed on April 03, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $421.6K $393.0K $3.505M
YoY Change -84.0% -88.79% 480.99%
Cash & Equivalents $118.6K $393.0K $205.3K
Short-Term Investments
Other Short-Term Assets $143.9K $111.6K $57.34K
YoY Change 1064.94% 94.61%
Inventory
Prepaid Expenses
Receivables $16.33K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $565.4K $504.5K $3.579M
YoY Change -78.67% -85.9% 493.21%
LONG-TERM ASSETS
Property, Plant & Equipment $28.20K $768.3K
YoY Change -93.87%
Goodwill
YoY Change
Intangibles $622.7K
YoY Change 41.72%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $650.9K $768.3K $0.00
YoY Change 41.45%
TOTAL ASSETS
Total Short-Term Assets $565.4K $504.5K $3.579M
Total Long-Term Assets $650.9K $768.3K $0.00
Total Assets $1.216M $1.273M $3.579M
YoY Change -60.9% -64.43% 493.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $680.5K $724.0K $137.7K
YoY Change 39.67% 425.84%
Accrued Expenses
YoY Change
Deferred Revenue $57.23K $3.504K
YoY Change 279.69%
Short-Term Debt $276.7K $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.040M $751.9K $180.0K
YoY Change 102.51% 317.62% 105.64%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $1.040M $751.9K $180.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $1.040M $751.9K $180.0K
YoY Change 102.51% 317.62% 105.64%
SHAREHOLDERS EQUITY
Retained Earnings -$12.95M -$12.70M
YoY Change 49.78%
Common Stock $32.43K $36.30K
YoY Change 1.42%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $176.4K $520.9K $3.399M
YoY Change
Total Liabilities & Shareholders Equity $1.216M $1.273M $3.579M
YoY Change -60.9% -64.43% 493.21%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q1 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q4 us-gaap Treasury Stock Value
TreasuryStockValue
usd
CY2021Q4 RKFL Transaction Expense
TransactionExpense
usd
RKFL Transaction Expense
TransactionExpense
usd
CY2022Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
usd
CY2021Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 1100
dei Entity Address City Or Town
EntityAddressCityOrTown
San Francisco
dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
94105
dei City Area Code
CityAreaCode
(424)
dei Local Phone Number
LocalPhoneNumber
256-8560
dei Entity Central Index Key
EntityCentralIndexKey
0000823546
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--03-31
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2022Q1 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
usd
CY2022Q4 us-gaap Preferred Stock Value
PreferredStockValue
usd
CY2022Q4 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
usd
CY2022Q4 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
us-gaap Payments For Software
PaymentsForSoftware
usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
RKFL Common Stock Issued To Customer For Early Adopter
CommonStockIssuedToCustomerForEarlyAdopter
usd
RKFL Common Stock Issued To Consultant In Lieu Of Cash
CommonStockIssuedToConsultantInLieuOfCash
usd
RKFL Common Stock Issued To Consultant In Lieu Of Cash
CommonStockIssuedToConsultantInLieuOfCash
usd
CY2022Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
CY2021Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-12-31
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
033-17773-NY
dei Entity Registrant Name
EntityRegistrantName
ROCKETFUEL BLOCKCHAIN, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
90-1188745
dei Entity Address Address Line1
EntityAddressAddressLine1
201 Spear Street
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
false
dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
36297840 shares
CY2022Q4 us-gaap Cash
Cash
392956 usd
CY2022Q1 us-gaap Cash
Cash
2634794 usd
CY2022Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
3475 usd
CY2022Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
111593 usd
CY2022Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12350 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
504549 usd
CY2022Q1 us-gaap Assets Current
AssetsCurrent
2650619 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
493660 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
149919 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
768267 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
460176 usd
CY2022Q4 us-gaap Assets
Assets
1272816 usd
CY2022Q1 us-gaap Assets
Assets
3110795 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
723982 usd
CY2022Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
487200 usd
CY2022Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
24396 usd
CY2022Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
11277 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
3504 usd
CY2022Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
15073 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
751882 usd
CY2022Q1 us-gaap Liabilities Current
LiabilitiesCurrent
513550 usd
CY2022Q4 us-gaap Liabilities
Liabilities
751882 usd
CY2022Q1 us-gaap Liabilities
Liabilities
513550 usd
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
36297840 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
31975083 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36297840 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31965083 shares
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
36298 usd
CY2022Q1 us-gaap Common Stock Value
CommonStockValue
31975 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
13184365 usd
CY2022Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
11214820 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-12699729 usd
CY2022Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-8646550 usd
CY2022Q1 us-gaap Treasury Stock Value
TreasuryStockValue
3000 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
520934 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
2597245 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1272816 usd
CY2022Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3110795 usd
CY2022Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
42408 usd
CY2021Q4 us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
9375 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
92355 usd
us-gaap Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
11875 usd
CY2022Q4 RKFL Transaction Expense
TransactionExpense
26890 usd
RKFL Transaction Expense
TransactionExpense
102492 usd
CY2022Q4 us-gaap Gross Profit
GrossProfit
15518 usd
CY2021Q4 us-gaap Gross Profit
GrossProfit
9375 usd
us-gaap Gross Profit
GrossProfit
-10137 usd
us-gaap Gross Profit
GrossProfit
11875 usd
CY2022Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
210342 usd
CY2021Q4 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
294326 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
797006 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
650762 usd
CY2022Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1140603 usd
CY2021Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
879355 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3269565 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1730010 usd
CY2022Q4 us-gaap Operating Expenses
OperatingExpenses
1350945 usd
CY2021Q4 us-gaap Operating Expenses
OperatingExpenses
1173681 usd
us-gaap Operating Expenses
OperatingExpenses
4066571 usd
us-gaap Operating Expenses
OperatingExpenses
2380772 usd
CY2022Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-1335427 usd
CY2021Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-1164306 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-4076708 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-2368897 usd
CY2021Q4 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
6741 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
6741 usd
CY2022Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
544 usd
CY2021Q4 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-20973 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-544 usd
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-20973 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
540059 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
10023 usd
CY2022Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-544 usd
CY2021Q4 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14232 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
549538 usd
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-14232 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1335971 usd
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1178538 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-3527170 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2383129 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-1335971 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-1178538 usd
us-gaap Net Income Loss
NetIncomeLoss
-3527170 usd
us-gaap Net Income Loss
NetIncomeLoss
-2383129 usd
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36297840 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24464625 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36297840 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
24610390 shares
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
625026 usd
CY2021Q2 RKFL Issuance Of Common Stock In Connection With Exercise Of Common Stock Purchase Warrants
IssuanceOfCommonStockInConnectionWithExerciseOfCommonStockPurchaseWarrants
-582500 usd
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
316896 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1204591 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
319831 usd
CY2021Q3 RKFL Issuance Of Common Stock In Connection With Exercise Of Common Stock Purchase Warrants
IssuanceOfCommonStockInConnectionWithExerciseOfCommonStockPurchaseWarrants
-100000 usd
CY2021Q3 RKFL Issuance Of Common Stock To Customer
IssuanceOfCommonStockToCustomer
10000 usd
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
319850 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-1178538 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-428857 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
2597245 usd
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
291382 usd
CY2022Q2 us-gaap Stock Granted During Period Value Sharebased Compensation Forfeited
StockGrantedDuringPeriodValueSharebasedCompensationForfeited
540059 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-948728 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
1399840 usd
CY2022Q3 RKFL Shares Issued For Commissions In Shares
SharesIssuedForCommissionsInShares
338983 shares
CY2022Q3 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
700000 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
280567 usd
CY2022Q3 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
17491 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-1242471 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
1155427 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-1335971 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
520934 usd
us-gaap Net Income Loss
NetIncomeLoss
-3527170 usd
us-gaap Net Income Loss
NetIncomeLoss
-2383129 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
493660 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1287048 usd
us-gaap Share Based Compensation
ShareBasedCompensation
646746 usd
us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
540059 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 usd
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
6741 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
19349 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6600 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
111593 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
13779 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
723982 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
288029 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
106645 usd
us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
36680 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
3504 usd
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
2500 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-483865 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1403745 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
40022 usd
us-gaap Payments For Software
PaymentsForSoftware
1221905 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1261927 usd
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
682500 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
126250 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
808750 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2241838 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-594995 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
2634794 usd
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
800331 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
392956 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
205336 usd
us-gaap Interest Paid Net
InterestPaidNet
544 usd
RKFL Common Stock Issued To Customer For Early Adopter
CommonStockIssuedToCustomerForEarlyAdopter
10000 usd
CY2022Q4 us-gaap Cash
Cash
392956 usd
CY2021Q4 us-gaap Cash
Cash
205336 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
392956 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
205336 usd
CY2022Q4 us-gaap Class Of Warrant Or Right Number Of Securities Called By Each Warrant Or Right
ClassOfWarrantOrRightNumberOfSecuritiesCalledByEachWarrantOrRight
1694915 shares
CY2022Q4 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.21
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_843_eus-gaap--UseOfEstimates_zBewi9Tc99b9" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_86D_zSUYJSL0PVVf">Use of Accounting Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of these consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and judgments, which are evaluated on an ongoing basis, and that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Management bases its estimates on historical experience and on various other assumptions that it believes are reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the amounts of revenues and expenses that are not readily apparent from other sources. Actual results could differ from those estimates and judgments.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>ROCKETFUEL BLOCKCHAIN, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTES TO FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>DECEMBER 31, 2022</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p id="xdx_844_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zjEkZ8cfmsTe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_863_zHBohe3Dmoz5">Reclassifications</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain prior year amounts have been reclassified for consistency with the current year presentation. These reclassifications had no effect on the reported results of operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
27591 usd
CY2021Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
10000 shares
CY2022Q2 us-gaap Share Price
SharePrice
0.15
CY2022Q4 us-gaap Restricted Cash
RestrictedCash
55956 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-1335971 usd
us-gaap Net Income Loss
NetIncomeLoss
-3527170 usd
CY2022Q4 us-gaap Share Based Compensation
ShareBasedCompensation
697608 usd
us-gaap Share Based Compensation
ShareBasedCompensation
1287048 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-483865 usd
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36297840 shares
CY2022Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
31965083 shares
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
493660 usd
CY2022Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
149919 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
768267 usd
CY2022Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
460176 usd
CY2022Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
256659 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
493660 usd
CY2021Q4 us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 usd
CY2022Q4 us-gaap Legal Fees
LegalFees
34569 usd
us-gaap Legal Fees
LegalFees
82248 usd
CY2021Q4 us-gaap Legal Fees
LegalFees
11277 usd
us-gaap Legal Fees
LegalFees
36680 usd
CY2022Q4 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
24396 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
35475 usd
CY2022Q4 us-gaap Deferred Revenue
DeferredRevenue
3504 usd
CY2022Q1 us-gaap Deferred Revenue
DeferredRevenue
15073 usd
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.21
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
0.1455
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodIntrinsicValue
0.1455
CY2022Q2 us-gaap Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
540059 usd
CY2022Q2 us-gaap Share Price
SharePrice
0.15

Files In Submission

Name View Source Status
0001493152-23-010494-index-headers.html Edgar Link pending
0001493152-23-010494-index.html Edgar Link pending
0001493152-23-010494.txt Edgar Link pending
0001493152-23-010494-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex31-3.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
form10-q_001.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
rkfl-20221231.xsd Edgar Link pending
Show.js Edgar Link pending
rkfl-20221231_lab.xml Edgar Link unprocessable
rkfl-20221231_def.xml Edgar Link unprocessable
rkfl-20221231_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
rkfl-20221231_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed