2021 Q4 Form 10-Q Financial Statement
#000147793221008241 Filed on November 15, 2021
Income Statement
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
Revenue | $278.7K | $416.3K | $102.0K |
YoY Change | 759.12% | 308.12% | 44.61% |
Cost Of Revenue | $238.7K | $408.8K | $77.69K |
YoY Change | 353.14% | 426.15% | 8.41% |
Gross Profit | $40.03K | $7.570K | $24.32K |
YoY Change | -297.87% | -68.88% | -2271.61% |
Gross Profit Margin | 14.36% | 1.82% | 23.84% |
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $7.080K | $420.3K | |
YoY Change | |||
% of Gross Profit | 17.69% | 5552.71% | |
Operating Expenses | -$118.4K | $651.0K | $290.9K |
YoY Change | -112.71% | 123.77% | 237.5% |
Operating Profit | $158.4K | -$643.4K | -$266.6K |
YoY Change | -116.64% | 141.35% | 205.31% |
Interest Expense | $1.264M | $103.3K | $3.192K |
YoY Change | 110.63% | 3134.87% | |
% of Operating Profit | 797.72% | ||
Other Income/Expense, Net | -$300.5K | -$1.193M | $116.7K |
YoY Change | 152.57% | -1122.78% | 12580.0% |
Pretax Income | $931.5K | $6.793K | $0.00 |
YoY Change | -297.86% | -100.0% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | $931.3K | -$1.857M | -$149.9K |
YoY Change | -297.81% | 1138.42% | 73.53% |
Net Earnings / Revenue | 334.16% | -446.03% | -146.99% |
Basic Earnings Per Share | $0.00 | ||
Diluted Earnings Per Share | $39.51K | -$81.33K | -$6.830K |
COMMON SHARES | |||
Basic Shares Outstanding | 23.51M shares | 23.44M shares | |
Diluted Shares Outstanding | 102.5M shares |
Balance Sheet
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $15.12K | $13.41K | $37.75K |
YoY Change | -28.78% | -64.48% | 779.95% |
Cash & Equivalents | $34.49K | $13.41K | $36.14K |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $167.2K | $130.6K |
YoY Change | -100.0% | 28.04% | |
Inventory | $2.012K | $0.00 | $173.0K |
Prepaid Expenses | $0.00 | $166.9K | |
Receivables | $46.32K | $64.80K | $7.210K |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $22.17K | $245.5K | $348.6K |
YoY Change | -88.86% | -29.58% | 15.64% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $123.0K | $130.1K | |
YoY Change | |||
Goodwill | $302.2K | $563.5K | |
YoY Change | |||
Intangibles | $112.0K | $12.00K | |
YoY Change | 833.33% | ||
Long-Term Investments | $0.00 | $66.99K | $63.43K |
YoY Change | -100.0% | 5.61% | |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $772.6K | $2.775M |
YoY Change | -100.0% | -72.16% | 23028.58% |
TOTAL ASSETS | |||
Total Short-Term Assets | $22.17K | $245.5K | $348.6K |
Total Long-Term Assets | $0.00 | $772.6K | $2.775M |
Total Assets | $22.17K | $1.018M | $3.124M |
YoY Change | -98.9% | -67.41% | 896.74% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $78.72K | $84.63K | $145.1K |
YoY Change | 309.93% | -41.67% | 104.35% |
Accrued Expenses | $9.206K | $128.1K | $33.03K |
YoY Change | 287.98% | 607.28% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $1.632M | $1.563M | $706.6K |
YoY Change | 130.95% | 121.27% | 667.78% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $5.115M | $6.523M | $3.059M |
YoY Change | 111.75% | 113.27% | 553.96% |
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 | $5.115M | $6.523M | $3.059M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $5.115M | $6.523M | $3.059M |
YoY Change | 111.75% | 113.27% | 281.51% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$40.00 | -$14.11M | |
YoY Change | -100.0% | ||
Common Stock | $102.5K | $23.45K | |
YoY Change | 360.38% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $22.17K | -$5.505M | $65.47K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $22.17K | $1.018M | $3.124M |
YoY Change | -98.9% | -67.41% | 896.74% |
Cashflow Statement
Concept | 2021 Q4 | 2021 Q3 | 2020 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $931.3K | -$1.857M | -$149.9K |
YoY Change | -297.81% | 1138.42% | 73.53% |
Depreciation, Depletion And Amortization | $7.080K | $420.3K | |
YoY Change | |||
Cash From Operating Activities | -$8.180K | -$281.3K | $88.31K |
YoY Change | -100.61% | -418.54% | -165.02% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | $0.00 | $0.00 |
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $45.46K | $0.00 | |
YoY Change | -171.67% | ||
Cash From Investing Activities | $45.46K | $0.00 | $0.00 |
YoY Change | -171.67% | -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 | -35.88K | 189.7K | -88.31K |
YoY Change | -97.21% | -314.82% | -165.26% |
NET CHANGE | |||
Cash From Operating Activities | -8.180K | -281.3K | 88.31K |
Cash From Investing Activities | 45.46K | 0.000 | 0.000 |
Cash From Financing Activities | -35.88K | 189.7K | -88.31K |
Net Change In Cash | 1.400K | -91.59K | -0.0000000002328 |
YoY Change | -109.4% | 39337605464063990.0% | -100.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$8.180K | -$281.3K | $88.31K |
Capital Expenditures | $0.00 | $0.00 | $0.00 |
Free Cash Flow | -$8.180K | -$281.3K | $88.31K |
YoY Change | -418.54% | -171.32% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
23509775 | shares |
CY2021Q3 | us-gaap |
Cash
Cash
|
13405 | USD |
CY2020Q4 | us-gaap |
Cash
Cash
|
21233 | USD |
CY2021Q3 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
64803 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4689 | USD |
CY2021Q3 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
0 | USD |
CY2020Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
163567 | USD |
CY2021Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
166933 | USD |
CY2020Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
9541 | USD |
CY2021Q3 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
324 | USD |
CY2020Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation Current
AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent
|
0 | USD |
CY2021Q3 | us-gaap |
Assets Current
AssetsCurrent
|
245465 | USD |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
199030 | USD |
CY2021Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
130070 | USD |
CY2020Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
0 | USD |
CY2021Q3 | gdhp |
Branding Agreement
BrandingAgreement
|
0 | USD |
CY2020Q4 | gdhp |
Branding Agreement
BrandingAgreement
|
1735714 | USD |
CY2021Q3 | us-gaap |
Investments
Investments
|
66988 | USD |
CY2020Q4 | us-gaap |
Investments
Investments
|
63433 | USD |
CY2021Q3 | us-gaap |
Goodwill
Goodwill
|
563524 | USD |
CY2020Q4 | us-gaap |
Goodwill
Goodwill
|
0 | USD |
CY2021Q3 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
12000 | USD |
CY2020Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
12000 | USD |
CY2021Q3 | us-gaap |
Assets
Assets
|
1018047 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
2010177 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Current
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|
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CY2020Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
19203 | USD |
CY2021Q3 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
94572 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
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CY2021Q3 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
7987 | USD |
CY2020Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
0 | USD |
CY2021Q3 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
41303 | USD |
CY2020Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
35320 | USD |
CY2021Q3 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
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CY2020Q4 | us-gaap |
Accrued Liabilities And Other Liabilities
AccruedLiabilitiesAndOtherLiabilities
|
45057 | USD |
CY2021Q3 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
19100 | USD |
CY2020Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
19100 | USD |
CY2021Q3 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1033803 | USD |
CY2020Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
286910 | USD |
CY2021Q3 | us-gaap |
Other Notes Payable Current
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|
510575 | USD |
CY2020Q4 | us-gaap |
Other Notes Payable Current
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|
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Derivative Liabilities Current
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|
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Derivative Liabilities Current
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|
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CY2021Q3 | us-gaap |
Liabilities Current
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|
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CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
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CY2021Q3 | us-gaap |
Liabilities
Liabilities
|
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CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
2415492 | USD |
CY2021Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
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CY2021Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
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CY2020Q4 | us-gaap |
Preferred Stock Shares Outstanding
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|
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CY2021Q3 | us-gaap |
Preferred Stock Value
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|
0 | USD |
CY2020Q4 | us-gaap |
Preferred Stock Value
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|
250 | USD |
CY2021Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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CY2021Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q3 | us-gaap |
Common Stock Shares Outstanding
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|
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Common Stock Shares Issued
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|
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CY2021Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
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CY2020Q3 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
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us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
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us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
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CY2020Q3 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
149 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
0 | USD | |
CY2021Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-1193131 | USD |
CY2020Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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CY2020Q4 | us-gaap |
Common Stock Value
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|
22264 | USD |
CY2021Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2020Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2021Q3 | us-gaap |
Retained Earnings Accumulated Deficit
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|
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CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
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|
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CY2021Q3 | us-gaap |
Minority Interest
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|
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CY2020Q4 | us-gaap |
Minority Interest
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|
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CY2021Q3 | gdhp |
Non Controlling Interest
NonControllingInterest
|
-24512 | USD |
CY2020Q4 | gdhp |
Non Controlling Interest
NonControllingInterest
|
0 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2021Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
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|
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CY2021Q3 | us-gaap |
Revenues
Revenues
|
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CY2020Q3 | us-gaap |
Revenues
Revenues
|
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Revenues
Revenues
|
943364 | USD | |
us-gaap |
Revenues
Revenues
|
383356 | USD | |
CY2021Q3 | us-gaap |
Cost Of Goods And Services Sold
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|
408757 | USD |
CY2020Q3 | us-gaap |
Cost Of Goods And Services Sold
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|
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us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
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Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
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CY2021Q3 | us-gaap |
Gross Profit
GrossProfit
|
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CY2020Q3 | us-gaap |
Gross Profit
GrossProfit
|
24322 | USD |
us-gaap |
Gross Profit
GrossProfit
|
59854 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
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CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
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CY2020Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
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us-gaap |
Operating Expenses
OperatingExpenses
|
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us-gaap |
Operating Expenses
OperatingExpenses
|
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CY2021Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-643426 | USD |
CY2020Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-266600 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
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us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-363311 | USD | |
CY2021Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
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CY2020Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
0 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
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CY2021Q3 | us-gaap |
Gain Loss On Sales Of Loans Net
GainLossOnSalesOfLoansNet
|
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CY2021Q3 | us-gaap |
Interest Expense
InterestExpense
|
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CY2020Q3 | us-gaap |
Interest Expense
InterestExpense
|
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us-gaap |
Interest Expense
InterestExpense
|
170997 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
20360 | USD | |
CY2021Q3 | gdhp |
Gain Loss On Derivative Liabilities
GainLossOnDerivativeLiabilities
|
-1090026 | USD |
CY2020Q3 | gdhp |
Gain Loss On Derivative Liabilities
GainLossOnDerivativeLiabilities
|
119848 | USD |
gdhp |
Gain Loss On Derivative Liabilities
GainLossOnDerivativeLiabilities
|
-3125555 | USD | |
gdhp |
Gain Loss On Derivative Liabilities
GainLossOnDerivativeLiabilities
|
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Other Noncash Income Expense
OtherNoncashIncomeExpense
|
149 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-3257486 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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CY2021Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
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CY2020Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-149944 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-5673836 | USD | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-991166 | USD | |
CY2021Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
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CY2020Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-73521 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
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|
0 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1856933 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-149944 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5747357 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-991166 | USD | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
6793 | USD |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
0 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
24512 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
0 | USD | |
CY2021Q3 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-1850140 | USD |
CY2020Q3 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-149944 | USD |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-5722845 | USD | |
us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-991166 | USD | |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.08 | |
CY2020Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.01 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.25 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
-0.06 | ||
CY2021Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
|
-0.00 | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic And Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerBasicAndDilutedShare
|
-0.00 | ||
CY2021Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2020Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.25 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.06 | ||
CY2021Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
22747492 | shares |
CY2020Q3 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
21952470 | shares |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
22612048 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
17776646 | shares | |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-405315 | USD |
CY2021Q1 | gdhp |
Issuance Of Common Stock For Financing Amount
IssuanceOfCommonStockForFinancingAmount
|
78000 | USD |
CY2021Q1 | gdhp |
Issuance Of Common Stock For Services Amount
IssuanceOfCommonStockForServicesAmount
|
26400 | USD |
CY2021Q1 | gdhp |
Issuance Of Common Stock For Conversion Of Notes Payable Amount
IssuanceOfCommonStockForConversionOfNotesPayableAmount
|
10443 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1442815 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1733287 | USD |
CY2021Q2 | gdhp |
Issuance Of S1 Common Stock At125 For Cash Amount
IssuanceOfS1CommonStockAt125ForCashAmount
|
208000 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-2447609 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-3972896 | USD |
CY2021Q3 | gdhp |
Issuance Of S1 Common Stock At125 For Cash Amount
IssuanceOfS1CommonStockAt125ForCashAmount
|
75000 | USD |
CY2021Q3 | gdhp |
Exercise Of Warrants For Preferred Shares At100 Amount
ExerciseOfWarrantsForPreferredSharesAt100Amount
|
250000 | USD |
CY2021Q3 | gdhp |
Conversion Of Preferred Shares To Common Shares Amount
ConversionOfPreferredSharesToCommonSharesAmount
|
0 | USD |
CY2021Q3 | gdhp |
Cashless Warrant Exercise Amount
CashlessWarrantExerciseAmount
|
0 | USD |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1856933 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5504829 | USD |
CY2019Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-2057435 | USD |
CY2020Q1 | gdhp |
Issuance Of Common Shares For Branding Agreement Amount
IssuanceOfCommonSharesForBrandingAgreementAmount
|
2700000 | USD |
CY2020Q1 | gdhp |
Shares Issued To William Alessi Amount
SharesIssuedToWilliamAlessiAmount
|
7000 | USD |
CY2020Q1 | gdhp |
Shares Issued To Chris Chumas Amount
SharesIssuedToChrisChumasAmount
|
7000 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-188551 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
468014 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-652671 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-184657 | USD |
CY2020Q3 | gdhp |
Issuance Of Series B1 Preferred Stock Amount
IssuanceOfSeriesB1PreferredStockAmount
|
250000 | USD |
CY2020Q3 | gdhp |
Issuance Of Common Stock For Conversion Of Convertible Note Amount
IssuanceOfCommonStockForConversionOfConvertibleNoteAmount
|
60000 | USD |
CY2020Q3 | gdhp |
Issuance Of Common Stock For Services Amount
IssuanceOfCommonStockForServicesAmount
|
120000 | USD |
CY2020Q3 | gdhp |
Issuance Of Common Stock For Joint Venture Amount
IssuanceOfCommonStockForJointVentureAmount
|
20000 | USD |
CY2020Q3 | gdhp |
Amortization Of Derivative Liabilities
AmortizationOfDerivativeLiabilities
|
-49925 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-149944 | USD |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
65474 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-5673836 | USD | |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-991166 | USD | |
us-gaap |
Depreciation
Depreciation
|
14158 | USD | |
us-gaap |
Depreciation
Depreciation
|
0 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
1735714 | USD | |
us-gaap |
Adjustment For Amortization
AdjustmentForAmortization
|
0 | USD | |
gdhp |
Non Cash Interest Expense
NonCashInterestExpense
|
0 | USD | |
gdhp |
Non Cash Interest Expense
NonCashInterestExpense
|
0 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
26400 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
52500 | USD | |
gdhp |
Gain On Write Off Of Debt
GainOnWriteOffOfDebt
|
-38910 | USD | |
gdhp |
Gain On Write Off Of Debt
GainOnWriteOffOfDebt
|
0 | USD | |
gdhp |
Gain On Derivative Liabilities
GainOnDerivativeLiabilities
|
3125555 | USD | |
gdhp |
Gain On Derivative Liabilities
GainOnDerivativeLiabilities
|
-607496 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-18503 | USD | |
us-gaap |
Increase Decrease In Accounts And Other Receivables
IncreaseDecreaseInAccountsAndOtherReceivables
|
-7210 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-85479 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-130616 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
163567 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
98491 | USD | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
228 | USD | |
us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
22623 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
126060 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
75000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
0 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-32698 | USD | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
0 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
40227 | USD | |
us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
4338 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-73521 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-719475 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1455099 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
689055 | USD | |
us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
|
47000 | USD | |
us-gaap |
Payments To Acquire Assets Investing Activities
PaymentsToAcquireAssetsInvestingActivities
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-736055 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
147967 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
1322182 | USD | |
us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
966084 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
488291 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
gdhp |
Conversion Of Note Payables To Common Stock Net
ConversionOfNotePayablesToCommonStockNet
|
0 | USD | |
gdhp |
Conversion Of Note Payables To Common Stock Net
ConversionOfNotePayablesToCommonStockNet
|
60000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
250000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
250000 | USD | |
us-gaap |
Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
|
42500 | USD | |
us-gaap |
Proceeds From Sale Of Investment Projects
ProceedsFromSaleOfInvestmentProjects
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1409391 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1443151 | USD | |
CY2021Q3 | gdhp |
Acquisition Paid Initial Portion Of Purchase Price
AcquisitionPaidInitialPortionOfPurchasePrice
|
643000 | USD |
CY2021Q2 | gdhp |
Acquisition Paid Initial Portion Of Purchase Price
AcquisitionPaidInitialPortionOfPurchasePrice
|
500000 | USD |
CY2021Q2 | gdhp |
Acquisition Paid Initial Portion Of Purchase Price
AcquisitionPaidInitialPortionOfPurchasePrice
|
143000 | USD |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
19100 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
283000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-46139 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-11948 | USD | |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
59868 | USD |
CY2019Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
48088 | USD |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
324 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
0 | USD |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13405 | USD |
CY2020Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
36140 | USD |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
78000 | USD | |
us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
0 | USD | |
gdhp |
Spire Branding Agreement For Common Stock
SpireBrandingAgreementForCommonStock
|
0 | USD | |
gdhp |
Spire Branding Agreement For Common Stock
SpireBrandingAgreementForCommonStock
|
2700000 | USD | |
gdhp |
Conversion Of Preferred Stock Into Common Stock
ConversionOfPreferredStockIntoCommonStock
|
10000 | USD | |
gdhp |
Conversion Of Preferred Stock Into Common Stock
ConversionOfPreferredStockIntoCommonStock
|
14000 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
8808 | USD | |
us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
0 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 1 – NATURE OF OPERATIONS</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Good Hemp, Inc. (the “Company” or “Good Hemp”), formerly known as Keyser Resources, Inc., and Lone Star Gold, Inc., was incorporated in the State of Nevada on November 26, 2007.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company was involved in the exploration and development of mining properties until September 30, 2013, when it discontinued operations. In 2017, the Company was put into receivership and in 2018, it emerged from receivership. On September 11, 2019, the Company’s Board of Directors, pursuant to Nevada Revised Statute 92A.280, amended the Company’s Articles of Incorporation to change the name of the Company from Lone Star Gold, Inc. to Good Hemp, Inc. The amendment was filed with the Nevada Secretary of State on September 12, 2019.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company is now a North Carolina based company that is made up of industry veterans focused on exploiting niche markets in the hemp industry. Good Hemp® includes two lines of hemp-based beverages. Good Hemp® 2oh! is a hemp-derived, CBD-infused line of flavored waters, and Good Hemp® fizz! is a line of carbonated hemp oil infused sodas. Good Hemp® products have been sold throughout the United States since 2016 via Amazon.com, as well as local retailers.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">By establishing a comprehensive distribution system, Good Hemp® has secured listings for its products with regional and national grocery and convenience chain stores.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On July 21, 2020, the Company filed with the State of Nevada a Certificate of Designation designating 250,000 shares of the Company’s authorized preferred stock as Series B-1 Convertible Preferred Stock (the “Series B-1 Preferred Stock”). Each share of Series B-1 Preferred Stock is convertible into 1.667 shares of Company common stock (subject to a 4.99% beneficial ownership limitation). The Series B-1 Preferred Stock entitles the holder to piggy-back registration rights and one vote per share.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Also, on July 21, 2020, the Company filed with the State of Nevada a Certificate of Designation designating 750,000 shares of the Company’s authorized preferred stock as Series B-2 Convertible Preferred Stock (the “Series B-2 Preferred Stock”). Each share of Series B-2 Preferred Stock is convertible into a number of shares of Company common stock equal to $1.00 divided by (i) the lesser of $0.60 or 60% of the 14-day average closing price of the Company’s common stock at the time of conversion (the “Market Price”) if the conversion occurs within 6 months of July 21, 2020, or (ii) 60% of the Market Price if the conversion occurs at least 6 months after July 21, 2020 (subject to a 4.99% beneficial ownership limitation). The Series B-2 Preferred Stock entitles the holder to one vote per share.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On February 9, 2021, the Company formed Good Hemp Wellness, LLC, a limited liability company formed under the laws of the State of North Carolina, to sell CBD products to customers through chiropractic offices. In October 2021, this company was dissolved. This company is being treated as discontinued operations in the consolidated financial statements.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On April 1, 2021, the Company entered into an agreement to purchase Diamond Creek Group, LLC, a North Carolina limited liability company which sells the Diamond Creek brand of high alkaline water products, for a total purchase price of $643,000. On April 2, 2021, the Company closed the acquisition and paid the initial $500,000 portion of the purchase price, and on April 23, 2021, paid the $143,000 purchase price balance. See note 4 for the purchase price allocation.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The outbreak of the coronavirus (COVID-19) resulted in increased travel restrictions, and shutdown of businesses, which may cause slower recovery of the economy. We may experience impact from quarantines, market downturns and changes in customer behavior related to pandemic fears and impact on our workforce if the virus continues to spread. In addition, one or more of our customers, partners, service providers or suppliers may experience financial distress, delayed or defaults on payment, file for bankruptcy protection, sharp diminishing of business, or suffer disruptions in their business due to the outbreak. The extent to which the coronavirus impacts our results will depend on future developments and reactions throughout the world, which are highly uncertain and will include emerging information concerning the severity of the coronavirus and the actions taken by governments and private businesses to attempt to contain the coronavirus. It is likely to result in a potential material adverse impact on our business, results of operations and financial condition. Wider-spread COVID-19 globally could prolong the deterioration in economic conditions and could cause decreases in or delays in advertising spending and reduce and/or negatively impact our short-term ability to grow our revenues. Any decreased collectability of accounts receivable, bankruptcy of small and medium businesses, or early termination of agreements due to deterioration in economic conditions could negatively impact our results of operations.</p> | ||
CY2021Q2 | us-gaap |
Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
|
143000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-5747357 | USD | |
CY2019Q2 | gdhp |
Related Inventory Consideration
RelatedInventoryConsideration
|
32462 | USD |
CY2020Q1 | gdhp |
Shares Issued Upon Agreement
SharesIssuedUponAgreement
|
6000000 | shares |
CY2020Q1 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
2700000 | USD |
CY2021Q3 | us-gaap |
Finite Lived Noncompete Agreements Gross
FiniteLivedNoncompeteAgreementsGross
|
2700000 | USD |
CY2021Q3 | gdhp |
Value Utilized
ValueUtilized
|
-2700000 | USD |
CY2021Q3 | gdhp |
Remaining
Remaining
|
0 | USD |
CY2021Q3 | us-gaap |
Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
|
643000 | USD |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with U.S. generally accepted accounting principles 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. The Company regularly evaluates estimates and assumptions related to the recoverability of long-lived assets and deferred income tax asset valuation allowances. The Company bases its estimates and assumptions on current facts, historical experience and various other factors that it believes to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities and the accrual of costs and expenses that are not readily apparent from other sources. The actual results experienced by the Company may differ materially and adversely from the Company’s estimates. To the extent there are material differences between the estimates and the actual results, future results of operations will be affected.</p> | ||
CY2020Q1 | gdhp |
Convertible Note Prepayment Description
ConvertibleNotePrepaymentDescription
|
The Note carries a prepayment penalty if the Note is paid off in 60, 90, 120,150, or 180 days following the Note date. The prepayment penalty is based on the then-outstanding principal at the time of payoff, plus accrued and unpaid interest, multiplied by 115%, 120%, 125%, 130%, and 135% respectively. After the expiration of 180 days following the issue date, the Company shall have no right of prepayment. | |
CY2020Q2 | gdhp |
Proceeds From Unrelated Third Party
ProceedsFromUnrelatedThirdParty
|
103000 | USD |
CY2021Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
|
643000 | USD |
CY2021Q3 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
38635 | USD |
CY2021Q3 | us-gaap |
Accounts And Other Receivables Net Current
AccountsAndOtherReceivablesNetCurrent
|
41611 | USD |
CY2021Q3 | us-gaap |
Property Plant And Equipment Other Net
PropertyPlantAndEquipmentOtherNet
|
97228 | USD |
CY2021Q3 | gdhp |
Total Assets Acquired
TotalAssetsAcquired
|
177474 | USD |
CY2021Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
77998 | USD |
CY2021Q3 | us-gaap |
Notes And Loans Receivable Net Noncurrent
NotesAndLoansReceivableNetNoncurrent
|
20000 | USD |
CY2021Q3 | gdhp |
Total Liabilities Assumed
TotalLiabilitiesAssumed
|
97998 | USD |
CY2021Q3 | us-gaap |
Goodwill
Goodwill
|
563524 | USD |
CY2019Q1 | gdhp |
Proceeds From Unrelated Third Party
ProceedsFromUnrelatedThirdParty
|
50000 | USD |
CY2019Q1 | us-gaap |
Debt Conversion Converted Instrument Rate
DebtConversionConvertedInstrumentRate
|
0.08 | pure |
CY2019Q1 | gdhp |
Shares Issuable Description
SharesIssuableDescription
|
The number of shares to be issued upon conversion would be determined by dividing the amount to be converted by 60% of the average of the three lowest closing prices of the Company’s common stock during the ten trading days immediately preceding the conversion date. | |
CY2020Q3 | us-gaap |
Sale Of Stock Price Per Share
SaleOfStockPricePerShare
|
1.20 | |
CY2020Q1 | us-gaap |
Legal Fees
LegalFees
|
2500 | USD |
CY2020Q1 | gdhp |
Shares Issuable Description
SharesIssuableDescription
|
The Note matures 12 months after the date of the Note on March 23, 2021. The Note is convertible into shares of the Company’s common stock beginning on the date which is 180 days from the date of the Note, at a conversion price equal to 65% | |
CY2020Q1 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.0499 | pure |
CY2020Q2 | us-gaap |
Legal Fees
LegalFees
|
40000 | USD |
CY2020Q2 | us-gaap |
Legal Fees
LegalFees
|
80000 | USD |
CY2021Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
65000 | shares |
CY2019Q3 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.10 | pure |
CY2019Q3 | gdhp |
Converted Description
ConvertedDescription
|
The number of shares which will be issued upon any conversion of the notes will be determined by dividing the principal amount to be converted (plus, at the option of the noteholder, accrued and unpaid interest) by the lower of (i) $0.001 or, (ii) 50% of the lowest bid price during the forty-five consecutive trading day period ending on the trading day immediately prior to the conversion date. | |
CY2021Q3 | gdhp |
Working Capital Deficit
WorkingCapitalDeficit
|
-6277411 | USD |
CY2020Q1 | gdhp |
Closing Price Of Common Shares
ClosingPriceOfCommonShares
|
0.45 | |
us-gaap |
Environmental Costs Recognized Recovery Credited To Expense
EnvironmentalCostsRecognizedRecoveryCreditedToExpense
|
2700000 | USD | |
CY2021Q2 | us-gaap |
Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
|
500000 | USD |
CY2020Q1 | gdhp |
Convertible Promissory Note Principle Amount
ConvertiblePromissoryNotePrincipleAmount
|
67500 | USD |
CY2020Q2 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.0499 | pure |
CY2020Q3 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.0499 | pure |
CY2020Q3 | gdhp |
Convertible Note Prepayment Description
ConvertibleNotePrepaymentDescription
|
The note carries a prepayment penalty if the note is paid off in 30, 60, 90, 120, 150, or 180 days following the note date. The prepayment penalty is based on the then-outstanding principal at the time of payoff, plus accrued and unpaid interest, multiplied by 112%, 115%, 118%, 125%, 130%, and 135% respectively. After the expiration of 180 days following the issue date, the Company shall have no right of prepayment. | |
CY2021Q1 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.0499 | pure |
CY2021Q3 | us-gaap |
Sale Of Stock Percentage Of Ownership After Transaction
SaleOfStockPercentageOfOwnershipAfterTransaction
|
0.0499 | pure |
gdhp |
Schedule Of Summary Purchases Towards Related Party
ScheduleOfSummaryPurchasesTowardsRelatedParty
|
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Class A</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Name</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Preferred</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Shares</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Consideration</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">William Alessi</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">12,000,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">200,000</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px">(1)</p></td></tr><tr style="height:15px;background-color:#ffffff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Chris Chumas</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">6,000,000</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">100,000</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px">(1)</p></td></tr></tbody></table> | ||
CY2021Q3 | gdhp |
Principal Amount Due
PrincipalAmountDue
|
510575 | USD |
us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P1Y | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
3.215 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0700 | pure | |
CY2021Q3 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
4652050 | USD |
CY2020Q4 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1526495 | USD |
CY2020Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
40000 | shares |
CY2020Q3 | us-gaap |
Payments For Fees
PaymentsForFees
|
20000 | USD |
CY2021Q1 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
30000 | shares |
CY2021Q1 | gdhp |
Debt Conversion Shares
DebtConversionShares
|
17405 | shares |
CY2021Q1 | gdhp |
Debt Conversion Amount
DebtConversionAmount
|
77952 | USD |
gdhp |
Joint Venture Disclosuretextblock
JointVentureDISCLOSURETEXTBLOCK
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 10 – JOINT VENTURE</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On August 24, 2020, with an effective date of July 1, 2020, the Company entered into a joint venture agreement with Paul Hervey (“Hervey”) for the purpose of cultivating hemp. Hervey is a licensed hemp cultivator in good standing under the laws of North Carolina with approximately 3,700 square feet of greenhouse cultivation space and approximately 9 acres of farmable land (the “Facility”). Under the joint venture agreement, Good Hemp will contribute up to $160,000 for the preparation of the Facility, as well as up to $174,000 as ongoing operational expenses for the joint venture, and Hervey will contribute exclusive use of the Facility, as well as purchase services and/or purchase or lease necessary equipment for the planting, cultivation and irrigation for growing hemp, and profits shall be split equally by the parties after reimbursement of expenses paid by the parties. The joint venture shall conduct business under the name “Olin Farms, LLC”. On or about August 20, 2020, the Company compensated Hervey $53,433.33 for the initial expenses of the joint venture. The payment was made as follows: (i) a check payable to Hervey in the amount of $33,433.33, and (ii) the issuance of 40,000 shares of Company common stock in lieu of a $20,000 cash payment. On or about August 21, 2020, the Company made an initial cash contribution to Olin Farms, LLC, in the amount of $10,000.00. In October 2021, Olin Farms, LLC was dissolved. </p> | ||
CY2020Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
40000 | shares |
CY2020Q3 | us-gaap |
Payments For Fees
PaymentsForFees
|
20000 | USD |
CY2020Q3 | us-gaap |
Legal Fees
LegalFees
|
10000 | USD |
CY2021Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value Including Discontinued Operations
CashAndCashEquivalentsAtCarryingValueIncludingDiscontinuedOperations
|
324 | USD |
CY2021Q3 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
324 | USD |
CY2020Q4 | us-gaap |
Assets Of Disposal Group Including Discontinued Operation
AssetsOfDisposalGroupIncludingDiscontinuedOperation
|
0 | USD |
gdhp |
Net Loss Of Discontinued Operations
NetLossOfDiscontinuedOperations
|
-73521 | USD | |
gdhp |
Net Loss Of Discontinued Operations
NetLossOfDiscontinuedOperations
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
|
-73521 | USD | |
us-gaap |
Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
|
0 | USD |