2023 Q3 Form 10-Q Financial Statement
#000147793223006350 Filed on August 21, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Gross Profit | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Gross Profit Margin | |||
Selling, General & Admin | $70.00K | $110.0K | $49.18K |
YoY Change | -54.38% | 123.67% | -31.38% |
% of Gross Profit | |||
Research & Development | $5.463K | $15.55K | $0.00 |
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $10.00K | $10.00K | $29.49K |
YoY Change | -51.94% | -66.08% | 0.0% |
% of Gross Profit | |||
Operating Expenses | $84.65K | $112.4K | $78.67K |
YoY Change | -51.42% | 42.85% | -22.24% |
Operating Profit | -$84.65K | -$112.4K | -$78.67K |
YoY Change | -51.42% | 42.85% | -23.06% |
Interest Expense | -$640.0K | $1.180M | -$118.3K |
YoY Change | 792.61% | -1097.63% | -286.27% |
% of Operating Profit | |||
Other Income/Expense, Net | -$635.2K | -$1.158M | -$3.750K |
YoY Change | 750.4% | 30767.76% | |
Pretax Income | -$720.0K | $1.050M | -$200.7K |
YoY Change | 189.2% | -623.17% | 418.07% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$719.9K | -$227.5K | -$200.7K |
YoY Change | 189.16% | 13.37% | 418.14% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | ||
Diluted Earnings Per Share | $0.00 | $0.00 | -$133.30 |
COMMON SHARES | |||
Basic Shares Outstanding | 1.978B shares | 1.713B shares | 1.505B shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $10.00K | $25.62K |
YoY Change | -100.0% | -60.97% | 1389.53% |
Cash & Equivalents | $563.00 | $9.825K | $25.62K |
Short-Term Investments | |||
Other Short-Term Assets | $450.0K | $450.0K | $325.0K |
YoY Change | -28.0% | 38.46% | 249900.0% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $450.6K | $459.8K | $350.6K |
YoY Change | -28.03% | 31.15% | 459.6% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $34.85K | $45.97K | $91.47K |
YoY Change | -56.07% | -49.74% | -33.78% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $50.44K | $63.72K | $118.9K |
YoY Change | -48.6% | -46.42% | -50.18% |
TOTAL ASSETS | |||
Total Short-Term Assets | $450.6K | $459.8K | $350.6K |
Total Long-Term Assets | $50.44K | $63.72K | $118.9K |
Total Assets | $501.0K | $523.5K | $469.6K |
YoY Change | -30.81% | 11.5% | 58.5% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $220.0K | $230.0K | $237.1K |
YoY Change | -7.23% | -3.01% | 8.2% |
Accrued Expenses | $500.0K | $500.0K | $501.3K |
YoY Change | -0.25% | -0.25% | 0.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.580M | $2.400M | $2.020M |
YoY Change | 4.29% | 18.82% | 38.25% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.591M | $4.858M | $3.736M |
YoY Change | 33.76% | 30.03% | 20.8% |
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 | $5.591M | $4.858M | $3.736M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $5.590M | $4.860M | $3.736M |
YoY Change | 33.74% | 30.08% | 20.8% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$37.33M | -$36.61M | -$35.03M |
YoY Change | 5.8% | 4.5% | 3.49% |
Common Stock | $1.876M | $1.876M | $1.505M |
YoY Change | 22.25% | 24.59% | 20.03% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$5.090M | -$4.335M | -$3.267M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $501.0K | $523.5K | $469.6K |
YoY Change | -30.81% | 11.5% | 58.5% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$719.9K | -$227.5K | -$200.7K |
YoY Change | 189.16% | 13.37% | 418.14% |
Depreciation, Depletion And Amortization | $10.00K | $10.00K | $29.49K |
YoY Change | -51.94% | -66.08% | 0.0% |
Cash From Operating Activities | $70.00K | -$210.0K | -$379.2K |
YoY Change | -115.22% | -44.62% | 172.35% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | -$4.020K | |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | -$4.020K |
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -80.00K | 220.0K | 402.3K |
YoY Change | -118.38% | -45.32% | 209.11% |
NET CHANGE | |||
Cash From Operating Activities | 70.00K | -210.0K | -379.2K |
Cash From Investing Activities | 0.000 | 0.000 | -4.020K |
Cash From Financing Activities | -80.00K | 220.0K | 402.3K |
Net Change In Cash | -10.00K | 10.00K | 19.15K |
YoY Change | -59.38% | -47.78% | -311.37% |
FREE CASH FLOW | |||
Cash From Operating Activities | $70.00K | -$210.0K | -$379.2K |
Capital Expenditures | $0.00 | -$4.020K | |
Free Cash Flow | $70.00K | -$375.2K | |
YoY Change | -115.22% |
Facts In Submission
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Net Cash Provided By Used In Operating Activities
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Cash And Cash Equivalents At Carrying Value
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Extinguishment Of Derivative Liabilities
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AUTHENTIC HOLDINGS, INC. | ||
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NV | ||
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CY2022Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-122038 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
389 | usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
352924 | usd | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1045165 | usd |
CY2022Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-200703 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-227532 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
190324 | usd | |
CY2023Q2 | ahro |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.0005 | |
CY2022Q2 | ahro |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.0001 | |
ahro |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
-0.00001 | ||
ahro |
Earning Per Share Basic And Diluted
EarningPerShareBasicAndDiluted
|
0.0002 | ||
CY2023Q2 | ahro |
Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
|
1792805853 | shares |
CY2022Q2 | ahro |
Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
|
1452110332 | shares |
ahro |
Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
|
1741057770 | shares | |
ahro |
Weighted Average Common Shares Outstanding Basic And Diluted
WeightedAverageCommonSharesOutstandingBasicAndDiluted
|
1253569254 | shares | |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3679391 | usd |
CY2022Q1 | ahro |
Stock Issued During Perod Value Conversion Of Notes
StockIssuedDuringPerodValueConversionOfNotes
|
62407 | usd |
CY2022Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
0 | usd |
CY2022Q1 | ahro |
Stock Warrants Issued For Cash Amount
StockWarrantsIssuedForCashAmount
|
60000 | usd |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
391027 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3165957 | usd |
CY2022Q2 | ahro |
Issuance Of Shares For Conversion Shares Amount
IssuanceOfSharesForConversionSharesAmount
|
100000 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-200703 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3266660 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4516802 | usd |
CY2023Q1 | ahro |
Stock Issued During Perod Value Conversion Of Notes
StockIssuedDuringPerodValueConversionOfNotes
|
0 | usd |
CY2023Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
35001 | usd |
CY2023Q1 | ahro |
Adjustment Shares Issued Amount
AdjustmentSharesIssuedAmount
|
0 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1209261 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5691062 | usd |
CY2023Q2 | ahro |
Stock Issued During Perod Value Conversion Of Notes
StockIssuedDuringPerodValueConversionOfNotes
|
374697 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-4334640 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-227532 | usd | |
us-gaap |
Profit Loss
ProfitLoss
|
190324 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-298477 | usd | |
us-gaap |
Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
|
-478754 | usd | |
us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
7186 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
22954 | usd | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
24972 | usd | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
33998 | usd | |
ahro |
Increase Decrease In Bank Indebtedness
IncreaseDecreaseInBankIndebtedness
|
-2455 | usd | |
ahro |
Increase Decrease In Advances To Joint Venture
IncreaseDecreaseInAdvancesToJointVenture
|
175000 | usd | |
ahro |
Increase Decrease In Expenses Paid For Subsidiary
IncreaseDecreaseInExpensesPaidForSubsidiary
|
-325000 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8052 | usd | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
113647 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-336107 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
4022 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd | |
ahro |
Advances From Related Parties
AdvancesFromRelatedParties
|
33888 | usd | |
ahro |
Advances From Related Parties
AdvancesFromRelatedParties
|
33439 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
46785 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
409696 | usd | |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
55839 | usd | |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
0 | usd | |
ahro |
Proceeds From Self Liquidating Notes
ProceedsFromSelfLiquidatingNotes
|
3750 | usd | |
ahro |
Proceeds From Self Liquidating Notes
ProceedsFromSelfLiquidatingNotes
|
55221 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
-204025 | usd | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
354777 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
345933 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
503437 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
9825 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
25622 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9825 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
25622 | usd |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd | |
ahro |
Shares Issued For Convertible Notes Settlement
SharesIssuedForConvertibleNotesSettlement
|
374696 | usd | |
ahro |
Shares Issued For Convertible Notes Settlement
SharesIssuedForConvertibleNotesSettlement
|
78263 | usd | |
CY2023Q2 | ahro |
Retained Earnings Accumulated Deficits
RetainedEarningsAccumulatedDeficits
|
37700000 | usd |
CY2023Q2 | ahro |
Working Capital Deficit
WorkingCapitalDeficit
|
5600000 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
938330 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
240853 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
240853 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
194885 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
172648 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
45968 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
68206 | usd |
us-gaap |
Depreciation
Depreciation
|
22236 | usd | |
us-gaap |
Depreciation
Depreciation
|
25636 | usd | |
ahro |
Finite Lived Intangible Asset Useful Lifes
FiniteLivedIntangibleAssetUsefulLifes
|
P15Y | ||
ahro |
Amortization For The Intangible Assets
AmortizationForTheIntangibleAssets
|
148096 | usd | |
CY2022 | ahro |
Amortization For The Intangible Assets
AmortizationForTheIntangibleAssets
|
148096 | usd |
ahro |
Less Accumulated Amortization
LessAccumulatedAmortization
|
-189848 | usd | |
CY2022 | ahro |
Less Accumulated Amortization
LessAccumulatedAmortization
|
-129623 | usd |
ahro |
Amortization For The Intangible Assets Net
AmortizationForTheIntangibleAssetsNet
|
17756 | usd | |
CY2022 | ahro |
Amortization For The Intangible Assets Net
AmortizationForTheIntangibleAssetsNet
|
18473 | usd |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
717 | usd | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
664 | usd | |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1180001 | usd |
CY2023Q2 | ahro |
Convertible Note Payable Discount
ConvertibleNotePayableDiscount
|
-87000 | usd |
CY2022Q4 | ahro |
Convertible Note Payable Discount
ConvertibleNotePayableDiscount
|
-92000 | usd |
CY2023Q2 | ahro |
Accrued Interest
AccruedInterest
|
-185888 | usd |
CY2022Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1608485 | usd |
CY2023Q2 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1310008 | usd |
CY2022Q4 | ahro |
Accrued Interest
AccruedInterest
|
-155243 | usd |
CY2023Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1037218 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1243243 | usd |
CY2022Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1608485 | usd |
us-gaap |
Derivative Fair Value Hedge Included In Effectiveness Gain Loss
DerivativeFairValueHedgeIncludedInEffectivenessGainLoss
|
-214483 | usd | |
ahro |
Derivative Liabilities Extinguished
DerivativeLiabilitiesExtinguished
|
-83994 | usd | |
CY2023Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1310008 | usd |
ahro |
Net Cash Proceeds Of Received From Related Parties For Operating Expenses
NetCashProceedsOfReceivedFromRelatedPartiesForOperatingExpenses
|
33388 | usd | |
ahro |
Net Cash Proceeds Of Received From Related Parties For Operating Expenses
NetCashProceedsOfReceivedFromRelatedPartiesForOperatingExpenses
|
33439 | usd | |
CY2023Q2 | ahro |
Advance From Related Party Current
AdvanceFromRelatedPartyCurrent
|
417054 | usd |
CY2022Q4 | ahro |
Advance From Related Party Current
AdvanceFromRelatedPartyCurrent
|
383686 | usd |
us-gaap |
Lessee Operating Lease Description
LesseeOperatingLeaseDescription
|
operating lease for an office premise had expired on October 1 and the lease was not renewed | ||
us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
0 | usd | |
CY2022 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
1601 | usd |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
950587548 | shares | |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
950587548 | shares |