2024 Q3 Form 10-Q Financial Statement
#000175392624001561 Filed on September 11, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
Revenue | $301.8K | $226.9K | |
YoY Change | 33.0% | ||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | $301.8K | ||
YoY Change | 33.0% | ||
Gross Profit Margin | 100.0% | ||
Selling, General & Admin | $329.8K | $87.54K | $70.40K |
YoY Change | -13.06% | -92.76% | -30.18% |
% of Gross Profit | 29.01% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $151.00 | $151.00 | |
YoY Change | |||
% of Gross Profit | 0.05% | ||
Operating Expenses | $329.8K | $87.54K | -$3.084M |
YoY Change | -87.14% | -92.76% | -3158.36% |
Operating Profit | -$329.8K | $214.2K | |
YoY Change | -85.88% | -121.83% | |
Interest Expense | -$103.4K | -$887.00 | |
YoY Change | -96.93% | ||
% of Operating Profit | -0.41% | ||
Other Income/Expense, Net | $101.00 | -$80.00 | |
YoY Change | -99.97% | ||
Pretax Income | -$433.3K | $213.3K | -$15.24M |
YoY Change | -78.35% | -179.51% | 15014.29% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$433.3K | $213.3K | -$15.24M |
YoY Change | -53589.63% | -1735.07% | 15014.29% |
Net Earnings / Revenue | 70.7% | -6716.8% | |
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | -$0.09 |
COMMON SHARES | |||
Basic Shares Outstanding | 129.6M shares | 127.6M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.17K | $95.09K | $1.449M |
YoY Change | |||
Cash & Equivalents | $12.17K | $95.09K | $1.449M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $755.6K | $755.6K | $227.0K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $767.8K | $850.7K | $1.676M |
YoY Change | 488.24% | 56.69% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.057K | $1.208K | $1.510K |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | $268.0K | $268.0K | $268.0K |
YoY Change | |||
Long-Term Investments | $437.4K | ||
YoY Change | |||
Other Assets | $169.4K | $169.4K | $0.00 |
YoY Change | |||
Total Long-Term Assets | $6.844M | $6.737M | $5.472M |
YoY Change | -64.9% | -64.55% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $767.8K | $850.7K | $1.676M |
Total Long-Term Assets | $6.844M | $6.737M | $5.472M |
Total Assets | $7.612M | $7.588M | $7.148M |
YoY Change | -61.22% | -61.18% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $137.2K | $181.2K | $100.0K |
YoY Change | 11052.18% | ||
Accrued Expenses | $200.9K | $114.4K | $100.4K |
YoY Change | 17.44% | 163.56% | -14.11% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $11.00K | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $506.9K | $453.3K | $258.1K |
YoY Change | 121.51% | 3.62% | 47.82% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $506.9K | $453.3K | $258.1K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $506.9K | $453.3K | $258.1K |
YoY Change | 121.51% | -52.58% | 47.82% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$23.50M | -$23.07M | -$19.42M |
YoY Change | 458.89% | 946.91% | 2109.61% |
Common Stock | $12.83K | $12.78K | $126.2K |
YoY Change | -89.09% | -88.33% | 1120.72% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $7.105M | $7.134M | $6.890M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $7.612M | $7.588M | $7.148M |
YoY Change | -61.22% | -61.18% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2023 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$433.3K | $213.3K | -$15.24M |
YoY Change | -53589.63% | -1735.07% | 15014.29% |
Depreciation, Depletion And Amortization | $151.00 | $151.00 | |
YoY Change | |||
Cash From Operating Activities | -$286.4K | -$2.940K | -$14.95M |
YoY Change | -88.25% | -99.75% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $107.5K | $0.00 | $5.033M |
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $18.55M | ||
YoY Change | |||
Cash From Investing Activities | -$107.5K | $0.00 | $13.52M |
YoY Change | -59.89% | -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 | 311.0K | 95.00K | 2.716M |
YoY Change | -86.43% | -99.53% | |
NET CHANGE | |||
Cash From Operating Activities | -286.4K | -2.940K | -14.95M |
Cash From Investing Activities | -107.5K | 0.000 | 13.52M |
Cash From Financing Activities | 311.0K | 95.00K | 2.716M |
Net Change In Cash | -82.92K | 92.06K | 1.286M |
YoY Change | -79.89% | -83.19% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$286.4K | -$2.940K | -$14.95M |
Capital Expenditures | $107.5K | $0.00 | $5.033M |
Free Cash Flow | -$393.9K | -$2.940K | -$19.98M |
YoY Change |
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ARAX HOLDINGS CORP. | ||
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EntityTaxIdentificationNumber
|
99-0376721 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
820 E Park Ave | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Blvd D200 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
ARAX HOLDINGS CORP. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
99-0376721 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
820 E Park Ave | ||
dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Blvd D200 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Tallahassee | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
32301 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
254-1161 | ||
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 | ||
CY2024Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
129613930 | shares |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1448769 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
226951 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1675720 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
381 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Other Accumulated Depreciation
PropertyPlantAndEquipmentOtherAccumulatedDepreciation
|
79 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1510 | usd |
CY2023Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
5033332 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
169373 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
7147935 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
100000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
100378 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
157756 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
358134 | usd |
CY2024Q2 | us-gaap |
Liabilities
Liabilities
|
453339 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
358134 | usd |
CY2024Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
10000 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
10000 | usd |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
950000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
127753215 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
126160534 | shares |
CY2024Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
12775 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
12616 | usd |
CY2024Q2 | arat |
Common Stock To Be Issue
CommonStockToBeIssue
|
900000 | usd |
CY2023Q4 | arat |
Common Stock To Be Issue
CommonStockToBeIssue
|
1440000 | usd |
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Tallahassee | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
32301 | ||
dei |
City Area Code
CityAreaCode
|
850 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
254-1161 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
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 | ||
CY2024Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
129613930 | shares |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1448769 | usd |
CY2024Q2 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
755587 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
226951 | usd |
CY2024Q2 | us-gaap |
Assets Current
AssetsCurrent
|
850678 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1675720 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1208 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1510 | usd |
CY2024Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
6298452 | usd |
CY2023Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
5033332 | usd |
CY2024Q2 | us-gaap |
Other Assets
OtherAssets
|
169373 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
169373 | usd |
CY2024Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
7147935 | usd |
CY2024Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
181223 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
100000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
100378 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
157756 | usd |
CY2024Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
453339 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
358134 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
358134 | usd |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
950000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
950000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
127753215 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
126160534 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
126160534 | shares |
CY2024Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
12775 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
12616 | usd |
CY2024Q2 | arat |
Common Stock To Be Issue
CommonStockToBeIssue
|
900000 | usd |
CY2023Q4 | arat |
Common Stock To Be Issue
CommonStockToBeIssue
|
1440000 | usd |
CY2024Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
29278076 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
27920998 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-23066479 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22593813 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7134372 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6789801 | usd |
CY2024Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
29278076 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
27920998 | usd |
CY2024Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-23066479 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22593813 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7134372 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6789801 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7147935 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
301750 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
528636 | usd | |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2024Q2 | us-gaap |
Gross Profit
GrossProfit
|
301750 | usd |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
226886 | usd |
us-gaap |
Gross Profit
GrossProfit
|
528636 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
453772 | usd | |
CY2024Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
87535 | usd |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
743341 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
278554 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
988463 | usd | |
CY2023Q2 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd | |
CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
87535 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
1000415 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
2947570 | usd | |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
214215 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2475562 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-472364 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2522688 | usd | |
CY2024Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-887 | usd |
CY2023Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-887 | usd | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-887 | usd |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
213328 | usd |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
213328 | usd |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127403068 | shares |
CY2024Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7587711 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7147935 | usd |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
301750 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2024Q2 | us-gaap |
Gross Profit
GrossProfit
|
301750 | usd |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
226886 | usd |
us-gaap |
Gross Profit
GrossProfit
|
528636 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
453772 | usd | |
CY2024Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
87535 | usd |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
743341 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
278554 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
988463 | usd | |
CY2023Q2 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
721861 | usd | |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd | |
CY2024Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
87535 | usd |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2702448 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
1000415 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
2947570 | usd | |
CY2024Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
214215 | usd |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2475562 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-472364 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2522688 | usd | |
CY2024Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-887 | usd |
CY2023Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-887 | usd | |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd | |
CY2023Q2 | us-gaap |
Other Expenses
OtherExpenses
|
-713136 | usd |
us-gaap |
Other Expenses
OtherExpenses
|
335493 | usd | |
CY2024Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-887 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
684246 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-887 | usd | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-364383 | usd | |
CY2024Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
213328 | usd |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1791316 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2858181 | usd | |
CY2024Q2 | us-gaap |
Profit Loss
ProfitLoss
|
213328 | usd |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1791316 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-2858181 | usd | |
CY2024Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.00 | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | ||
CY2024Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
127403068 | shares |
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24564538 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
126846644 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17291813 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-183926 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1066865 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1250791 | usd |
CY2023Q2 | arat |
Issuance Of Common Stock For Acquisition
IssuanceOfCommonStockForAcquisition
|
18000000 | usd |
CY2023Q2 | arat |
Issuance Of Common Stock Upon Conversion Of Convertible Promissory Notes
IssuanceOfCommonStockUponConversionOfConvertiblePromissoryNotes
|
1100466 | usd |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
95203 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13435 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-183558 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1004667 | usd | |
us-gaap |
Research And Development Arrangement Contract To Perform For Others Compensation Earned
ResearchAndDevelopmentArrangementContractToPerformForOthersCompensationEarned
|
1265120 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1265120 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
95000 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1539010 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
95000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1539010 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1353678 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
534343 | usd | |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
95091 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
534343 | usd |
us-gaap |
Notes Reduction
NotesReduction
|
540000 | usd | |
us-gaap |
Notes Assumed1
NotesAssumed1
|
95376 | usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
1091164 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
18550285 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_847_eus-gaap--NatureOfOperations_z1gSL3HrKbfe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white"><i><span id="xdx_861_zlZURgaPw1Fh">General</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white">Arax Holdings Corp. (“the Company”) is a <span id="xdx_908_edei--EntityIncorporationStateCountryCode_c20231101__20240430__srt--OwnershipAxis__custom--AraxHoldingsCorpMember_zHEJZUb4kWo9" title="Entity incorporation, state or country code">Nevada</span> corporation incorporated on <span id="xdx_90E_edei--EntityIncorporationDateOfIncorporation_c20231101__20240430__srt--OwnershipAxis__custom--AraxHoldingsCorpMember_zFl6UI4Krb76" title="Entity incorporation date">February 23, 2012</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The Company currently has operations from a growing business in the software development and integration marketplace.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white">Management intends to explore and identify business opportunities within North America, Europe, Asia and Africa including a potential acquisition of an operating entity through a reverse merger, asset purchase or similar transaction. Our executives have experience in business consulting, although no assurances can be given that they can identify and implement a viable business strategy or that any such strategy will result in profits. Our ability to effectively identify, develop and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond our control, including without limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_845_eus-gaap--UseOfEstimates_z3S4Ss6Mi8qi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><i><span id="xdx_863_zN8varEJHxJ5">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and 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. Actual results and outcomes may differ from management’s estimates and assumptions. Included in these estimates are assumptions used to estimate collection of accounts receivable, fair value of intangible assets, fair value of capitalized software, deferred income tax asset valuation allowances.</p> | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13435 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-183558 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1004667 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1265120 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1539010 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
95000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1539010 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-1353678 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
534343 | usd | |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1448769 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
95091 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
534343 | usd |
us-gaap |
Notes Reduction
NotesReduction
|
540000 | usd | |
us-gaap |
Notes Assumed1
NotesAssumed1
|
95376 | usd | |
us-gaap |
Notes Issued1
NotesIssued1
|
1091164 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
18550285 | usd | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p id="xdx_847_eus-gaap--NatureOfOperations_z1gSL3HrKbfe" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white"><i><span id="xdx_861_zlZURgaPw1Fh">General</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white">Arax Holdings Corp. (“the Company”) is a <span id="xdx_908_edei--EntityIncorporationStateCountryCode_c20231101__20240430__srt--OwnershipAxis__custom--AraxHoldingsCorpMember_zHEJZUb4kWo9" title="Entity incorporation, state or country code">Nevada</span> corporation incorporated on <span id="xdx_90E_edei--EntityIncorporationDateOfIncorporation_c20231101__20240430__srt--OwnershipAxis__custom--AraxHoldingsCorpMember_zFl6UI4Krb76" title="Entity incorporation date">February 23, 2012</span>.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The Company currently has operations from a growing business in the software development and integration marketplace.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; background-color: white">Management intends to explore and identify business opportunities within North America, Europe, Asia and Africa including a potential acquisition of an operating entity through a reverse merger, asset purchase or similar transaction. Our executives have experience in business consulting, although no assurances can be given that they can identify and implement a viable business strategy or that any such strategy will result in profits. Our ability to effectively identify, develop and implement a viable plan for our business may be hindered by risks and uncertainties which are beyond our control, including without limitation, the continued negative effects of the coronavirus pandemic on the U.S. and global economies.</p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_845_eus-gaap--UseOfEstimates_z3S4Ss6Mi8qi" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><i><span id="xdx_863_zN8varEJHxJ5">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify">The preparation of financial statements in conformity with accounting principles generally accepted in the United States (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and 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. Actual results and outcomes may differ from management’s estimates and assumptions. Included in these estimates are assumptions used to estimate collection of accounts receivable, fair value of intangible assets, fair value of capitalized software, deferred income tax asset valuation allowances.</p> | ||
CY2024Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
151 | usd |
CY2024Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2024Q2 | us-gaap |
Depreciation
Depreciation
|
151 | usd |
us-gaap |
Depreciation
Depreciation
|
302 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_zclKadX5lG13" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><i><span id="xdx_86C_z0PwikTYqrT7">Concentration of Credit Risk and Significant Customers and Vendors</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">As of April 30, 2024, and October 31, 2023 one customer accounted for all of the accounts receivable balance.</p> | ||
us-gaap |
Depreciation
Depreciation
|
302 | usd | |
us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_847_eus-gaap--ConcentrationRiskCreditRisk_zclKadX5lG13" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"><i><span id="xdx_86C_z0PwikTYqrT7">Concentration of Credit Risk and Significant Customers and Vendors</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: justify">As of April 30, 2024, and October 31, 2023 one customer accounted for all of the accounts receivable balance.</p> | ||
us-gaap |
Derivative Excluded Component Loss Recognized In Earnings
DerivativeExcludedComponentLossRecognizedInEarnings
|
1047879 | usd | |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-707166 | usd | |
CY2023Q2 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
340713 | usd |
CY2024Q2 | arat |
Stock Price On Valuation Date
StockPriceOnValuationDate
|
1.0 | |
CY2024Q2 | us-gaap |
Derivative Floor Interest Rate
DerivativeFloorInterestRate
|
0.003 | pure |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
|
3.10 | |
CY2024Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.2 | |
us-gaap |
Derivative Excluded Component Loss Recognized In Earnings
DerivativeExcludedComponentLossRecognizedInEarnings
|
1047879 | usd | |
us-gaap |
Liabilities Fair Value Adjustment
LiabilitiesFairValueAdjustment
|
-707166 | usd | |
CY2024Q2 | arat |
Stock Price On Valuation Date
StockPriceOnValuationDate
|
1.0 | |
CY2024Q2 | us-gaap |
Derivative Floor Interest Rate
DerivativeFloorInterestRate
|
0.003 | pure |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Per Share Weighted Average Price Of Shares Purchased
ShareBasedCompensationArrangementByShareBasedPaymentAwardPerShareWeightedAveragePriceOfSharesPurchased
|
3.10 | |
CY2024Q2 | us-gaap |
Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
|
0.2 | |
us-gaap |
Derivatives Methods Of Accounting Hedge Documentation
DerivativesMethodsOfAccountingHedgeDocumentation
|
<p id="xdx_841_eus-gaap--DerivativesMethodsOfAccountingHedgeDocumentation_zQ9O4SKZ1378" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><i><span id="xdx_868_zkfxCpLEaWBj">Convertible Instruments</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with various accounting standards.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">ASC 480 “<i>Distinguishing Liabilities From Equity</i>” provides that instruments convertible predominantly at a fixed rate resulting in a fixed monetary amount due upon conversion with a variable quantity of shares (“stock settled debt”) be recorded as a liability at the fixed monetary amount.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">ASC 815 “<i>Derivatives and Hedging</i>” generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur, and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of Conventional Convertible Debt Instrument.”</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">ASC 815-40 provides that generally if an event is not within the entity’s control and could require net cash settlement, then the contract shall be classified as an asset or a liability.</p> | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2185810 | shares | |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1185810 | usd |
us-gaap |
Derivatives Methods Of Accounting Hedge Documentation
DerivativesMethodsOfAccountingHedgeDocumentation
|
<p id="xdx_841_eus-gaap--DerivativesMethodsOfAccountingHedgeDocumentation_zQ9O4SKZ1378" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><i><span id="xdx_868_zkfxCpLEaWBj">Convertible Instruments</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with various accounting standards.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">ASC 480 “<i>Distinguishing Liabilities From Equity</i>” provides that instruments convertible predominantly at a fixed rate resulting in a fixed monetary amount due upon conversion with a variable quantity of shares (“stock settled debt”) be recorded as a liability at the fixed monetary amount.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">ASC 815 “<i>Derivatives and Hedging</i>” generally provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur, and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. Professional standards also provide an exception to this rule when the host instrument is deemed to be conventional as defined under professional standards as “The Meaning of Conventional Convertible Debt Instrument.”</p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify; color: #212529">ASC 815-40 provides that generally if an event is not within the entity’s control and could require net cash settlement, then the contract shall be classified as an asset or a liability.</p> | ||
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1000000 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2185810 | shares | |
CY2023Q2 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
1185810 | usd |
CY2024Q2 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
1000000 | usd |
CY2023Q2 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
1000000 | usd |
CY2024Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
1000000 | usd |
CY2023Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
2185810 | usd |
CY2024Q2 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
1000000 | usd |
CY2023Q2 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
1000000 | usd |
CY2024Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
1000000 | usd |
CY2023Q2 | us-gaap |
Convertible Debt
ConvertibleDebt
|
2185810 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
184000 | usd |
CY2024Q2 | arat |
Working Capital Deficit
WorkingCapitalDeficit
|
397000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1448769 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
226951 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1675720 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1510 | usd |
CY2023Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
5033332 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
169373 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
7147935 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
100000 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
157756 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
358134 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
358134 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
10000 | usd |
CY2024Q2 | us-gaap |
Cash
Cash
|
184000 | usd |
CY2024Q2 | arat |
Working Capital Deficit
WorkingCapitalDeficit
|
397000 | usd |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1448769 | usd |
CY2023Q4 | us-gaap |
Receivables Net Current
ReceivablesNetCurrent
|
226951 | usd |
CY2023Q4 | us-gaap |
Assets Current
AssetsCurrent
|
1675720 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1510 | usd |
CY2023Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
5033332 | usd |
CY2023Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Other Assets
OtherAssets
|
169373 | usd |
CY2023Q4 | us-gaap |
Assets
Assets
|
7147935 | usd |
CY2023Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
100000 | usd |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
100378 | usd |
CY2023Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
157756 | usd |
CY2023Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
358134 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
358134 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
10000 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
12616 | usd |
CY2023Q4 | arat |
Common Stock To Be Issue
CommonStockToBeIssue
|
1440000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
27920998 | usd |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
12616 | usd |
CY2023Q4 | arat |
Common Stock To Be Issue
CommonStockToBeIssue
|
1440000 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
27920998 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7147935 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2023Q2 | us-gaap |
Gross Profit
GrossProfit
|
226886 | usd |
us-gaap |
Gross Profit
GrossProfit
|
453772 | usd | |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
743341 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
988463 | usd | |
CY2023Q2 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd | |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2702448 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
2947570 | usd | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2475562 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2522688 | usd | |
CY2023Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd | |
CY2023Q2 | arat |
Other Nonoperating Income Expense One
OtherNonoperatingIncomeExpenseOne
|
713136 | usd |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
684246 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-364383 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1791316 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2858181 | usd | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1791316 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-2858181 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24564538 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17291813 | shares | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2858181 | usd | |
arat |
Equity Based Compensation Expense Stock
EquityBasedCompensationExpenseStock
|
1959107 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
713136 | usd | |
arat |
Amortization Of Debt Discount Related To Derivative
AmortizationOfDebtDiscountRelatedToDerivative
|
1047879 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
453772 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13435 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1004667 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1539010 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1539010 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
534343 | usd | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
534343 | usd |
us-gaap |
Notes Issued1
NotesIssued1
|
1091164 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
18550285 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
301750 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
528636 | usd | |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-22593813 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
6789801 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7147935 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
453772 | usd | |
CY2023Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
743341 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
988463 | usd | |
CY2023Q2 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd |
us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
1959107 | usd | |
CY2023Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
2702448 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
2947570 | usd | |
CY2023Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2475562 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-2522688 | usd | |
CY2023Q2 | us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd |
us-gaap |
Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
|
-28890 | usd | |
CY2023Q2 | arat |
Other Nonoperating Income Expense One
OtherNonoperatingIncomeExpenseOne
|
713136 | usd |
arat |
Other Nonoperating Income Expense One
OtherNonoperatingIncomeExpenseOne
|
-335493 | usd | |
CY2023Q2 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
684246 | usd |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-364383 | usd | |
CY2023Q2 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-1791316 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-2858181 | usd | |
CY2023Q2 | us-gaap |
Profit Loss
ProfitLoss
|
-1791316 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-2858181 | usd | |
CY2023Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.07 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.17 | ||
CY2023Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24564538 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
17291813 | shares | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-2858181 | usd | |
arat |
Equity Based Compensation Expense Stock
EquityBasedCompensationExpenseStock
|
1959107 | usd | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
713136 | usd | |
arat |
Amortization Of Debt Discount Related To Derivative
AmortizationOfDebtDiscountRelatedToDerivative
|
1047879 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
453772 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13435 | usd | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
1539010 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1539010 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
534343 | usd | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
534343 | usd |
us-gaap |
Notes Issued1
NotesIssued1
|
1091164 | usd | |
us-gaap |
Stock Issued1
StockIssued1
|
18550285 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
301750 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
528636 | usd | |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
301750 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
528636 | usd | |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2024Q2 | us-gaap |
Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
|
18550285 | usd |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
110000 | usd | |
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
58000 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
100000 | usd | |
us-gaap |
Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
|
268000 | usd | |
us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
268000 | usd | |
CY2023Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
5033332 | usd |
CY2024Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
268000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
55000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
|
0.10 | pure |
CY2024Q2 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
April 4, 2026 | |
CY2024Q2 | us-gaap |
Debt Conversion Description
DebtConversionDescription
|
the Company entered into two convertible promissory note agreements with two lenders for $20,000 each, with a total of $40,000 in proceeds received. The notes bear interest on the unpaid principal balances at a rate equal to ten percent (10%) per annum, accruing from the date of issuance until the notes become due and payable at maturity. All principal and interest accrued shall be due on April 10, 2026. | |
CY2024Q2 | us-gaap |
Revenues
Revenues
|
301750 | usd |
CY2023Q2 | us-gaap |
Revenues
Revenues
|
226886 | usd |
us-gaap |
Revenues
Revenues
|
528636 | usd | |
us-gaap |
Revenues
Revenues
|
453772 | usd | |
CY2024Q2 | us-gaap |
Business Combination Separately Recognized Transactions Liabilities Recognized
BusinessCombinationSeparatelyRecognizedTransactionsLiabilitiesRecognized
|
18550285 | usd |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
110000 | usd | |
us-gaap |
Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
|
58000 | usd | |
us-gaap |
Liabilities Assumed1
LiabilitiesAssumed1
|
100000 | usd | |
us-gaap |
Asset Acquisition Consideration Transferred Contingent Consideration
AssetAcquisitionConsiderationTransferredContingentConsideration
|
268000 | usd | |
us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
268000 | usd | |
CY2024Q2 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
6298452 | usd |
CY2023Q4 | us-gaap |
Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
|
5033332 | usd |
CY2024Q2 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
268000 | usd |
CY2023Q4 | us-gaap |
Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
|
268000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Issued Principal
DebtInstrumentIssuedPrincipal
|
55000 | usd |
CY2024Q2 | us-gaap |
Debt Instrument Redemption Price Percentage Of Principal Amount Redeemed
DebtInstrumentRedemptionPricePercentageOfPrincipalAmountRedeemed
|
0.10 | pure |
CY2024Q2 | us-gaap |
Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
|
April 4, 2026 | |
CY2024Q2 | us-gaap |
Debt Conversion Description
DebtConversionDescription
|
the Company entered into two convertible promissory note agreements with two lenders for $20,000 each, with a total of $40,000 in proceeds received. The notes bear interest on the unpaid principal balances at a rate equal to ten percent (10%) per annum, accruing from the date of issuance until the notes become due and payable at maturity. All principal and interest accrued shall be due on April 10, 2026. | |
CY2021Q1 | arat |
Common Stock Issued For Loan And Compensation Expenses
CommonStockIssuedForLoanAndCompensationExpenses
|
100000 | usd |
CY2021Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
16166 | usd |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
83834 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
126160534 | shares |
CY2024Q2 | arat |
Equity Convertible Notes Payable
EquityConvertibleNotesPayable
|
95000 | usd |
arat |
Promissory Notes Stock Issued
PromissoryNotesStockIssued
|
1100466 | usd | |
CY2024Q2 | us-gaap |
Asset Acquisition Indemnification Asset Amount
AssetAcquisitionIndemnificationAssetAmount
|
0 | usd |
CY2023Q4 | us-gaap |
Asset Acquisition Indemnification Asset Amount
AssetAcquisitionIndemnificationAssetAmount
|
0 | usd |
CY2021Q1 | arat |
Common Stock Issued For Loan And Compensation Expenses
CommonStockIssuedForLoanAndCompensationExpenses
|
100000 | usd |
CY2021Q1 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
16166 | usd |
CY2021Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
83834 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
126160534 | shares |
CY2024Q2 | arat |
Equity Convertible Notes Payable
EquityConvertibleNotesPayable
|
95000 | usd |
arat |
Promissory Notes Stock Issued
PromissoryNotesStockIssued
|
1100466 | usd | |
CY2024Q2 | us-gaap |
Asset Acquisition Indemnification Asset Amount
AssetAcquisitionIndemnificationAssetAmount
|
0 | usd |
CY2023Q4 | us-gaap |
Asset Acquisition Indemnification Asset Amount
AssetAcquisitionIndemnificationAssetAmount
|
0 | usd |