2024 Q1 Form 10-K Financial Statement
#000149315224011751 Filed on March 28, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $23.00K | $31.95K | $201.1K |
YoY Change | -86.4% | -90.77% | -56.4% |
Cost Of Revenue | $0.00 | $36.70K | |
YoY Change | -100.0% | -72.14% | |
Gross Profit | $23.00K | $31.95K | $164.4K |
YoY Change | -82.63% | -85.2% | -50.11% |
Gross Profit Margin | 100.0% | 100.0% | 81.75% |
Selling, General & Admin | $1.516M | $443.7K | $1.518M |
YoY Change | 349.74% | 270.8% | |
% of Gross Profit | 6590.04% | 1388.64% | 923.38% |
Research & Development | $2.610K | $11.42K | |
YoY Change | |||
% of Gross Profit | 8.17% | 6.95% | |
Depreciation & Amortization | $750.00 | $750.00 | $1.000K |
YoY Change | |||
% of Gross Profit | 3.26% | 2.35% | 0.61% |
Operating Expenses | $1.516M | $446.3K | $1.529M |
YoY Change | 725.64% | 352.39% | 273.59% |
Operating Profit | -$1.493M | -$414.3K | -$1.365M |
YoY Change | 2816.23% | -453.46% | 1609.3% |
Interest Expense | $3.185K | $2.540K | $6.227K |
YoY Change | 68.7% | -443.24% | -205.19% |
% of Operating Profit | |||
Other Income/Expense, Net | -$3.083K | -$1.609K | |
YoY Change | 168.79% | -72.81% | |
Pretax Income | -$1.496M | -$411.8K | -$1.366M |
YoY Change | 2758.21% | -453.51% | 1493.19% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$1.496M | -$411.8K | -$1.400M |
YoY Change | 2758.26% | -453.51% | 1532.46% |
Net Earnings / Revenue | -6503.44% | -1288.89% | -696.31% |
Basic Earnings Per Share | -$0.01 | -$0.01 | |
Diluted Earnings Per Share | -$0.01 | $0.00 | -$0.01 |
COMMON SHARES | |||
Basic Shares Outstanding | 109.9M shares | 107.7M shares | 104.1M shares |
Diluted Shares Outstanding | 109.9M shares | 104.1M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $25.13K | $204.0K | $204.0K |
YoY Change | 546.09% | ||
Cash & Equivalents | $25.13K | $204.0K | |
Short-Term Investments | |||
Other Short-Term Assets | $13.37K | $29.19K | $29.19K |
YoY Change | -11.17% | ||
Inventory | |||
Prepaid Expenses | $13.37K | $29.19K | |
Receivables | $51.78K | $31.95K | $33.30K |
Other Receivables | $0.00 | $0.00 | |
Total Short-Term Assets | $90.89K | $266.5K | $266.5K |
YoY Change | -34.98% | -34.98% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | $74.11K | $71.86K | |
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $200.4K | $210.6K | $210.6K |
YoY Change | 73.56% | ||
Total Long-Term Assets | $494.5K | $282.5K | $282.5K |
YoY Change | 132.79% | 132.8% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $90.89K | $266.5K | $266.5K |
Total Long-Term Assets | $494.5K | $282.5K | $282.5K |
Total Assets | $585.4K | $549.0K | $549.0K |
YoY Change | 3.35% | 3.36% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $48.71K | $90.38K | $90.38K |
YoY Change | -66.98% | ||
Accrued Expenses | $12.53K | $11.58K | $11.58K |
YoY Change | -88.97% | 12.54% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $250.0K | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $361.2K | $102.0K | $102.0K |
YoY Change | -77.29% | -77.29% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $149.9K | $149.9K | $149.9K |
YoY Change | 0.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $149.9K | $149.9K | $149.9K |
YoY Change | 0.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $361.2K | $102.0K | $102.0K |
Total Long-Term Liabilities | $149.9K | $149.9K | $149.9K |
Total Liabilities | $511.1K | $251.9K | $251.9K |
YoY Change | -57.95% | -57.95% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$6.518M | -$5.000M | |
YoY Change | 36.78% | ||
Common Stock | $471.6K | $471.6K | |
YoY Change | 0.19% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $74.27K | $297.1K | $297.1K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $585.4K | $549.0K | $549.0K |
YoY Change | 3.35% | 3.36% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.496M | -$411.8K | -$1.400M |
YoY Change | 2758.26% | -453.51% | 1532.46% |
Depreciation, Depletion And Amortization | $750.00 | $750.00 | $1.000K |
YoY Change | |||
Cash From Operating Activities | -$436.1K | -$416.4K | -$1.133M |
YoY Change | 235.65% | -8201.75% | -22148.52% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $3.000K | $63.86K | $72.86K |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$4.770K | -$52.13K | -$89.28K |
YoY Change | -57.05% | -26.43% | |
Cash From Investing Activities | -$7.770K | -$116.0K | -$162.1K |
YoY Change | -22.42% | -4.42% | 33.6% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $1.468M | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $265.0K | 205.0K | $1.468M |
YoY Change | 112.0% | 340.84% | 3056.63% |
NET CHANGE | |||
Cash From Operating Activities | -$436.1K | -416.4K | -$1.133M |
Cash From Investing Activities | -$7.770K | -116.0K | -$162.1K |
Cash From Financing Activities | $265.0K | 205.0K | $1.468M |
Net Change In Cash | -$178.8K | -327.4K | $172.4K |
YoY Change | 1097.57% | 369.64% | -347.27% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$436.1K | -$416.4K | -$1.133M |
Capital Expenditures | $3.000K | $63.86K | $72.86K |
Free Cash Flow | -$439.1K | -$480.3K | -$1.206M |
YoY Change |
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25000 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-85756 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-67756 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-67756 | usd |
CY2023 | us-gaap |
Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
|
105000 | usd |
CY2023 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
1160221 | shares |
CY2023 | us-gaap |
Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
|
105000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
158333 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1366318 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
297093 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
297093 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1366318 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-85756 | usd |
CY2023 | APHP |
Reserve For Uncollectible Receivable
ReserveForUncollectibleReceivable
|
193932 | usd |
CY2023 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
158333 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
25000 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-119044 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
31948 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
344924 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-347 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
347 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
1279 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties Current
IncreaseDecreaseInDueFromRelatedPartiesCurrent
|
70 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-78322 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
264884 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
-130000 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
130000 | usd |
CY2023 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-35000 | usd |
CY2022 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
35000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1133294 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5139 | usd |
CY2023 | APHP |
Payments To Produced And Licensed Costs
PaymentsToProducedAndLicensedCosts
|
89278 | usd |
CY2022 | APHP |
Payments To Produced And Licensed Costs
PaymentsToProducedAndLicensedCosts
|
121355 | usd |
CY2023 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
72864 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-162142 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-121355 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
178500 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
115260 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
178500 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
68760 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1467834 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1467834 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
46500 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
172398 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-69716 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
31573 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
101289 | usd |
CY2023 | APHP |
Conversion Of Accrued Expenses Into Options To Purchase Common Stock
ConversionOfAccruedExpensesIntoOptionsToPurchaseCommonStock
|
105000 | usd |
CY2022 | APHP |
Conversion Of Note Payable To Related Parties And Accrued Interest To Common Stock
ConversionOfNotePayableToRelatedPartiesAndAccruedInterestToCommonStock
|
300000 | usd |
CY2023 | us-gaap |
Stock Issued1
StockIssued1
|
158333 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
25000 | usd |
CY2023Q4 | APHP |
Working Capital
WorkingCapital
|
164496 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-5021696 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_845_eus-gaap--UseOfEstimates_zJmCasccHfM7" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_868_zDvzs2lnT0f6">Use of Estimates</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amount of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2023Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q4 | APHP |
Cash Sipc Insured Amount
CashSIPCInsuredAmount
|
500000 | usd |
CY2023Q4 | us-gaap |
Allowance For Uncollectible Customers Liability For Acceptances
AllowanceForUncollectibleCustomersLiabilityForAcceptances
|
193932 | usd |
CY2023 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2022 | us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
0 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
29185 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
32862 | usd |
CY2023Q4 | APHP |
Filims In Development And Preproduction Stage
FilimsInDevelopmentAndPreproductionStage
|
210633 | usd |
CY2023Q4 | APHP |
Produced And Licensed Content Costs
ProducedAndLicensedContentCosts
|
210633 | usd |
CY2022Q4 | us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
130000 | usd |
CY2022Q4 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
35000 | usd |
CY2023 | us-gaap |
Revenue Recognition Services Licensing Fees
RevenueRecognitionServicesLicensingFees
|
<p id="xdx_84E_eus-gaap--RevenueRecognitionServicesLicensingFees_zLTQ6UlmdEbi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span style="text-decoration: underline"><span id="xdx_86D_zMyTVzcJlqtf">Revenues and Costs from Services and Products</span></span></i></b> – Historically, Company’s revenue comes from contracts with customers for consulting services and from the licensing and distribution of film and other entertainment rights. The consulting services typically relate to development of business strategy and monetization of intellectual property rights. The Company accounts for a contract with a customer when there is an enforceable contract between the Company and the customer, the rights of the party are identified, the contract has economic substance, and collectability of the contract is considered probable. Historically, the term of these consulting agreements has been approximately three to six months in duration. The Company’s revenue is measured based on considerations specified in the contract with each customer. Accounting Standards Codification (“ASC”) 606 allows for adoption of an “as invoiced” practical expedient that allows companies to recognize revenue in the amount to which the entity has a right to invoice when they have a right to consideration from a customer in an amount that corresponds directly with the value to the customer of the entity’s performance completed to date. The Company has elected to adopt this practical expedient with regards to its consulting services revenue. All 2023 revenues were derived from a single customer. Approximately <span id="xdx_906_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zEKN7oiwsdYj" title="Concentration risk, percentage">13</span>%, <span id="xdx_900_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zerQRY8uGr71" title="Concentration risk, percentage">33</span>%, and<span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--SalesRevenueNetMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--CustomerThreeMember_zbcGppFjuUqd" title="Concentration risk, percentage"> 54</span>% of 2022 revenues were derived from three customers.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Revenues from Films and Licensed Rights</i></b>, are calculated based on expected ultimate revenues estimated over a period not to exceed ten years following the date of initial release of the motion picture. For an episodic television series, the period over which ultimate revenues are estimated cannot exceed ten years following the date of delivery of the first episode, or, if still in production, five years from the date of delivery of the most recent episode, if later. For titles included in acquired libraries, ultimate revenue includes estimates over a period not to exceed twenty years following the date of acquisition.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The cost of services includes only those costs directly related to the services being rendered. For the 2022 period, a majority of the consulting services were performed by the Company’s CEO, Mr. MacGregor, who as described in Note 3 was providing the Company with financing and, as a result, did not receive any separate current or deferred compensation for these services. Due to Mr. MacGregor’s limited annual compensation of $<span id="xdx_907_eus-gaap--DeferredCompensationArrangementWithIndividualCompensationExpense_c20230101__20230630__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zTafCkfmrBjl" title="Annual compensation per month">5,000</span> per month in the first half of 2023 and $<span id="xdx_90D_eus-gaap--DeferredCompensationArrangementWithIndividualCompensationExpense_c20220101__20221231__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zigkW66Wi8rb" title="Annual compensation per month">0</span> in 2022, any allocation of time to these services would have been immaterial. 2022 included $<span id="xdx_909_eus-gaap--CostOfGoodsAndServicesSold_c20220101__20221231__srt--TitleOfIndividualAxis__srt--ChiefExecutiveOfficerMember_zni1OhX6oTw5" title="Cost of goods and services">131,722</span> of cost of goods, $<span id="xdx_900_eus-gaap--CostOfGoodsAndServicesSold_c20220101__20221231__srt--OwnershipAxis__custom--BoldCrayonsMember_z6r10fEqKfMk" title="Cost of goods and services">130,000</span> was to Bold Crayon related to CAMA assignment noted above. CAMA agreement income totaled $<span id="xdx_908_eus-gaap--Revenues_c20230101__20231231__us-gaap--TypeOfArrangementAxis__custom--CashAssetManagementAgreementMember_zOQ9XByO6PGh" title="Revenues">0</span> and $<span id="xdx_90B_eus-gaap--Revenues_c20220101__20221231__us-gaap--TypeOfArrangementAxis__custom--CashAssetManagementAgreementMember_zppMTMhGRO4a" title="Revenues">249,924</span> for the years ended December 31, 2023 and 2022, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"></span></p> | |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
382900000 | shares |
CY2022 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
382900000 | shares |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-5000000.0 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1400000 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
178500 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
178500 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.044 | pure |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
72684 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1000 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
71684 | usd |
CY2023 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2022 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
0 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
1000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
514000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
195000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
514000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
195000 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
68760 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
178500 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
178500 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.044 | pure |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
178500 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
178500 | usd |
CY2021Q1 | APHP |
Economic Injury Disaster Loan Noncurrent
EconomicInjuryDisasterLoanNoncurrent
|
149900 | usd |
CY2021Q1 | us-gaap |
Debt Instrument Term
DebtInstrumentTerm
|
P30Y | |
CY2021Q1 | us-gaap |
Debt Instrument Interest Rate During Period
DebtInstrumentInterestRateDuringPeriod
|
0.0375 | pure |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
1000000 | shares |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
|
100000 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
65000 | usd |
CY2023Q4 | us-gaap |
Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
|
20000 | usd |
CY2022Q4 | us-gaap |
Deferred Compensation Arrangement With Individual Recorded Liability
DeferredCompensationArrangementWithIndividualRecordedLiability
|
105000 | usd |
CY2023Q1 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
105000 | usd |
CY2023Q1 | us-gaap |
Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
|
1160221 | shares |
CY2023Q1 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.125 | |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
178500 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
178500 | usd |
CY2023Q4 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.044 | pure |