2022 Q4 Form 10-Q Financial Statement

#000139390522000444 Filed on November 08, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q4
Revenue $3.944M $1.319M $5.536M
YoY Change -28.76% -39.36% 1782.27%
Cost Of Revenue $1.790M $595.1K $2.705M
YoY Change -33.8% -57.82% 1798.82%
Gross Profit $2.153M $723.8K $2.832M
YoY Change -23.95% -5.28% 1766.72%
Gross Profit Margin 54.6% 54.88% 51.15%
Selling, General & Admin $2.125M $654.3K $2.520M
YoY Change -15.67% -61.86% 1951.54%
% of Gross Profit 98.68% 90.4% 88.98%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $70.29K $9.806K $71.37K
YoY Change -1.51% -86.19% 801.14%
% of Gross Profit 3.26% 1.35% 2.52%
Operating Expenses $2.125M $1.535M $2.520M
YoY Change -15.67% -10.52% 1951.71%
Operating Profit $28.49K -$811.3K $311.9K
YoY Change -90.87% -14.72% 980.06%
Interest Expense -$223.6K $61.07K $107.9K
YoY Change -307.32% -110.0% -6.28%
% of Operating Profit -784.98% 34.58%
Other Income/Expense, Net $0.00 -$43.87K -$17.52K
YoY Change -100.0% -538.67%
Pretax Income -$138.8K -$855.2K $283.2K
YoY Change -149.0% -40.91% 1018.96%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$1.414M -$581.7K -$1.501M
YoY Change -5.78% -39.63% -6031.37%
Net Earnings / Revenue -35.86% -44.11% -27.12%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00 -$162.90 -$1.486K
COMMON SHARES
Basic Shares Outstanding 6.158B shares 3.570B shares 957.4M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $464.3K $187.2K $1.093M
YoY Change -57.53% -83.62% 1459.93%
Cash & Equivalents $464.2K $187.2K $1.093M
Short-Term Investments
Other Short-Term Assets $700.00 $68.02K $33.56K
YoY Change -97.91% 112.36% 306.3%
Inventory $2.856M $2.980M $3.206M
Prepaid Expenses
Receivables $119.9K $53.32K $51.32K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $3.440M $3.313M $4.384M
YoY Change -21.53% -21.86% 231.73%
LONG-TERM ASSETS
Property, Plant & Equipment $50.16K $59.97K $191.5K
YoY Change -73.81% -73.4% 29.31%
Goodwill $5.681M $5.681M $5.681M
YoY Change 0.0%
Intangibles $269.3K $329.8K $511.3K
YoY Change -47.32%
Long-Term Investments $6.600K $6.600K $6.600K
YoY Change 0.0% 13.21% 13.21%
Other Assets
YoY Change
Total Long-Term Assets $6.032M $6.106M $6.391M
YoY Change -5.61% -5.83% 4051.59%
TOTAL ASSETS
Total Short-Term Assets $3.440M $3.313M $4.384M
Total Long-Term Assets $6.032M $6.106M $6.391M
Total Assets $9.472M $9.420M $10.77M
YoY Change -12.09% -12.17% 630.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.851M $1.745M $2.092M
YoY Change -11.49% -8.65%
Accrued Expenses $480.6K $343.2K
YoY Change -45.41%
Deferred Revenue
YoY Change
Short-Term Debt $1.103M $1.244M $2.255M
YoY Change -51.08% -41.05% 313.61%
Long-Term Debt Due $702.5K $755.1K $855.2K
YoY Change -17.85% -35.24%
Total Short-Term Liabilities $4.254M $4.230M $6.748M
YoY Change -36.96% -45.52% 509.96%
LONG-TERM LIABILITIES
Long-Term Debt $259.5K $261.4K $261.8K
YoY Change -0.87% 0.16%
Other Long-Term Liabilities $6.520K $11.28K $24.60K
YoY Change -73.5% -60.72% -95.45%
Total Long-Term Liabilities $266.0K $272.6K $286.4K
YoY Change -7.11% -5.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.254M $4.230M $6.748M
Total Long-Term Liabilities $266.0K $272.6K $286.4K
Total Liabilities $4.520M $4.503M $6.477M
YoY Change -30.21% -40.43% 293.35%
SHAREHOLDERS EQUITY
Retained Earnings -$19.61M -$18.18M -$14.45M
YoY Change 35.65%
Common Stock $61.59K $39.98K $12.17K
YoY Change 406.25%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.498M $6.447M $4.298M
YoY Change
Total Liabilities & Shareholders Equity $9.472M $9.420M $10.77M
YoY Change -12.09% -12.17% 630.21%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q4
OPERATING ACTIVITIES
Net Income -$1.414M -$581.7K -$1.501M
YoY Change -5.78% -39.63% -6031.37%
Depreciation, Depletion And Amortization $70.29K $9.806K $71.37K
YoY Change -1.51% -86.19% 801.14%
Cash From Operating Activities $254.3K -$597.2K $116.2K
YoY Change 118.78% -61.22% -5.73%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
Cash From Investing Activities $0.00 $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 22.68K 289.9K -166.2K
YoY Change -113.64% -73.78% 19.12%
NET CHANGE
Cash From Operating Activities 254.3K -597.2K 116.2K
Cash From Investing Activities 0.000 0.000 0.000
Cash From Financing Activities 22.68K 289.9K -166.2K
Net Change In Cash 277.0K -307.2K -49.97K
YoY Change -654.35% -75.92% 207.89%
FREE CASH FLOW
Cash From Operating Activities $254.3K -$597.2K $116.2K
Capital Expenditures $0.00 $0.00 $0.00
Free Cash Flow $254.3K -$597.2K $116.2K
YoY Change 118.78% -61.13% -5.73%

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<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Note 1 - Nature of Operations and Basis of Presentation</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Organization and Nature of Operations</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Bergio International, Inc. (the “Company”) was incorporated in the State of Delaware on July 24, 2007 under the name Alba Mineral Exploration, Inc. On October 21, 2009, as a result of a Share Exchange Agreement, the corporation’s name was changed to Bergio International, Inc. On February 19, 2020, the Company changed its state of incorporation to Wyoming. The Company is engaged in the product design, manufacturing, distribution of fine jewelry primarily in the United States and is headquartered in Fairfield, New Jersey. The Company’s intent is to take advantage of the Bergio brand and establish a chain of retail stores worldwide. The Company’s branded product lines are products and/or collections designed by the Company’s designer and CEO, Berge Abajian, and will be the centerpiece of the Company’s retail stores.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On February 10, 2021, the Company entered into an Acquisition Agreement (“Acquisition Agreement”) with Digital Age Business, Inc., a Florida corporation, (“Digital Age Business”), pursuant to which the shareholders of Digital Age Business agreed to sell all of the assets and liabilities of its Aphrodite’s business to a subsidiary of the Company known as Aphrodite’s Marketing, Inc. (“Aphrodite’s Marketing”), a Wyoming corporation in exchange for Series B Preferred Stock of the Company. The Company owns 51% of Aphrodite’s Marketing.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On July 1, 2021 (“Closing”), the Company entered into an Agreement and Plan of Merger (the “Merger Agreement”) with GearBubble, Inc., a Nevada corporation, (“GearBubble”), pursuant to which the shareholders of GearBubble (the “Equity Recipients”) agreed to sell 100% of the issued and outstanding shares of GearBubble to a subsidiary of the Company known as GearBubble Tech, Inc. (“GearBubble Tech”), a Wyoming corporation in exchange for $3,162,000 (the “Cash Purchase Price”), which shall be paid as follows: a) $2,000,000 (which was paid in cash at Closing), b) $1,162,000 to be paid in 15 equal installments, and c) 49,000 of the 100,000 authorized shares of the Merger Sub, such that upon the Closing, 51% of the Merger Sub shall be owned by the Company, and 49% of the Merger Sub shall be owned by the GearBubble Shareholders. The Company owns 51% of GearBubble Tech.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On March 24, 2021, the Company filed, with the Wyoming Secretary of State, a Certificate of Amendment, to amend its Articles of Incorporation. The amendment reflected the increase in the authorized shares of common stock from 1,000,000,000 shares to 3,000,000,000 shares. On July 9, 2021, the Company filed, with the Wyoming Secretary of State, a Certificate of Amendment, to amend its Articles of Incorporation. The amendment reflected the increase in the authorized shares of common stock from 3,000,000,000 shares to 6,000,000,000 shares.  On April 28, 2022, the Company filed, with the Wyoming Secretary of State, a Certificate of Amendment, to amend its Articles of Incorporation and reflected the increase in the authorized shares of common stock from 6,000,000,000 shares to 9,000,000,000 shares.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On September 26, 2022, the Company filed, with the Wyoming Secretary of State, a Certificate of Amendment, to amend its Articles of Incorporation and reflected the increase in the authorized shares of common stock from 9,000,000,000 shares to 15,000,000,000 shares.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Basis of Presentation</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The accompanying interim condensed consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America and the rules and regulations of the United States Securities and Exchange Commission for interim financial information, which includes consolidated interim financial statements and present the consolidated interim financial statements of the Company and its wholly-owned and majority-owned subsidiaries as of September 30, 2022. All intercompany transactions and balances have been eliminated. In the opinion of management, all adjustments necessary to present fairly our financial position, results of operations, and cash flows have been made. Those adjustments consist of normal and recurring adjustments. The unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">financial statements as of and for the year ended December 31, 2021, and footnotes thereto included in the Company’s Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on March 29, 2022 (the “Annual Report”). The results of operations for the nine months ended September 30, 2022, are not necessarily indicative of the results to be expected for the full year.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Impact of the COVID-19 Coronavirus</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company’s operations have been affected by the recent and ongoing outbreak of the coronavirus disease 2019 (COVID-19) which in March 2020, was declared a pandemic by the World Health Organization. The ultimate disruption which may be caused by the outbreak is uncertain; however, it has resulted in a material adverse impact on the Company’s financial position, operations and cash flows. Areas affected include, but are not limited to, disruption to the Company’s customers and revenue, including a significant disruption in consumer demand and accessories, labor workforce, inability of customers to pay outstanding accounts receivable due and owing to the Company as they limit or shut down their businesses, customers seeking relief or extended payment plans relating to accounts receivable due and owing to the Company, unavailability of products and supplies used in operations, and the decline in value of assets held by the Company, including property and equipment. As such, the comparability of the Company’s operating results has been affected by significant adverse impacts related to the COVID-19 pandemic.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company has increased its online presence to minimize the impact of having to close its retail stores as well as directing efforts towards its wholesale operations. The Company increase its online presence through its majority-owned subsidiaries, Aphrodite’s Marketing and GearBubble Tech.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Non-controlling Interest in Consolidated Financial Statements</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">In December 2007, the FASB issued ASC 810-10-65, “Non-controlling Interests in Consolidated Financial Statements, an amendment of Accounting Research Bulletin No. 51” (“SFAS No. 160”). This ASC clarifies that a non-controlling (minority) interest in a subsidiary is an ownership interest in the entity that should be reported as equity in the consolidated financial statements. It also requires consolidated net income to include the amounts attributable to both the parent and non-controlling interest, with disclosure on the face of the consolidated income statement of the amounts attributed to the parent and to the non-controlling interest. In accordance with ASC 810-10- 45-21, those losses attributable to the parent and the non-controlling interest in subsidiaries may exceed their interests in the subsidiary’s equity. The excess and any further losses attributable to the parent and the non-controlling interest shall be attributed to those interests even if that attribution results in a deficit non-controlling interest balance.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">On February 9, 2021, the Company entered into an Acquisition Agreement which resulted to the acquisition of 51% interest in Aphrodite’s Marketing. Additionally, on July 1, 2021, the Company entered into a Merger Agreement with GearBubble which resulted to the acquisition of 51% interest in the Merger Sub, GearBubble Tech. As of September 30, 2022, the Company recorded a non-controlling interest balance of $(1,529,539) in connection with the majority-owned subsidiaries, Aphrodite’s Marketing and GearBubble Tech as reflected in the accompanying unaudited condensed consolidated balance sheet and losses attributable to non-controlling interest of $972,067 and $860,807 during the nine months ended September 30, 2022 and 2021, respectively as reflected in the accompanying unaudited condensed consolidated statements of operations.</p>
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CY2021Q3 fil Total Selling Percentage
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CY2021Q1 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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CY2021Q3 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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CY2022Q2 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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CY2022Q3 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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CY2021Q1 fil Business Acquisition Interest Acquired
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CY2021Q3 fil Business Acquisition Interest Acquired
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CY2022Q2 fil Net Proceeds From Sale Of Preferred Stock
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CY2021Q4 fil Total Derivative Liabilities
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CY2022Q3 us-gaap Furniture And Fixtures Gross
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CY2021Q4 us-gaap Furniture And Fixtures Gross
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<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Use of Estimates</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The preparation of unaudited condensed consolidated financial statements in conformity with U.S. 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. Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate could change in the near term due to one or more future events. Accordingly, the actual results could differ significantly from estimates. Significant estimates during the nine months ended September 30, 2022 and 2021 include the estimates of useful lives of property and equipment and intangible assets, valuation of the operating lease liability and related right-of-use asset, valuation of derivatives, valuation of beneficial conversion features on convertible debt, allowance for uncollectable receivables, valuation of equity based instruments issued for other than cash, the fair value of warrants issued with debt and equity instruments, the valuation allowance on deferred tax assets, and stock-based compensation.</p>
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<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Cost of revenues</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Cost of revenue consists primarily of the cost of the merchandise, shipping fees, credit card processing services, fulfillment cost, ecommerce sellers’ pay-out; costs associated with operation and maintenance of the Company’s platform.</p>
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<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Reclassifications</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">Certain prior period amounts have been reclassified to conform to the current period presentation. The reclassified amounts have no impact on the Company’s previously reported financial position or results of operations and relates to the presentation of selling and marketing expenses, and compensation and related expenses, separately on the unaudited condensed consolidated statements of operation previously included in the general and administrative expenses, and the presentation of accounts receivable - related party separately on the consolidated balance sheets previously included in accounts receivable.</p>
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<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b>Concentration Risk</b></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><span style="border-bottom:1px solid #000000"><i>Concentration of Revenues</i></span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">For the nine months ended September 30, 2022 and 2021, no customer accounted for over 10% of total revenues.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><span style="border-bottom:1px solid #000000"><i>Concentration of Accounts Receivable</i></span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">As of September 30, 2022, total accounts receivable amounted to $78,322 and four customers represented 67% (32% - related party customer and 35% - unrelated party customer) of this balance. As of December 31, 2021, total accounts receivable amounted to $51,324 and two customers represented 75% (48% - related party customer and 27% - unrelated party customer) of this balance.</p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"><span style="border-bottom:1px solid #000000"><i>Concentration of Purchases</i></span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;text-align:justify">The Company purchased approximately 35% of its finished products from two vendors (15% and 20%) during the nine months ended September 30, 2022.</p>
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CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
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CY2022Q3 us-gaap Long Term Debt And Capital Lease Obligations
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CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
100000000 shares
CY2022Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
500000000 shares
CY2022Q3 us-gaap Preferred Stock Shares Authorized
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10000000 shares
fil Accrued Dividends On Preferred Stock
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CY2021 fil Accrued Dividends On Preferred Stock
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CY2021Q1 fil Increase In Authorized Common Shares
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CY2021Q3 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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CY2022Q2 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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CY2022Q3 fil Increase In Authorized Common Shares
IncreaseInAuthorizedCommonShares
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us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
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CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
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325000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
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CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.002
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
798241666 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.002
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
750000000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.0005
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
250000 shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0.50
CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
1547991666 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.0005
CY2022Q3 fil Number Of Warrants Exercisable
NumberOfWarrantsExercisable
1547991666 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.0005
CY2022Q3 us-gaap Warrants And Rights Outstanding
WarrantsAndRightsOutstanding
0 usd
fil Cash Assumed Aphrodite
CashAssumedAphrodite
60287 usd
fil Loans Payable Aphrodite
LoansPayableAphrodite
-2304438 usd
fil Note Payable Long Term Aphrodite
NotePayableLongTermAphrodite
-150000 usd
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
181467 usd
us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
154103 usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold Amortization
CostOfGoodsAndServicesSoldAmortization
60489 usd
CY2022Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
446804000 shares
CY2022Q4 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
89361 usd

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0001393905-22-000444.txt Edgar Link pending
0001393905-22-000444-xbrl.zip Edgar Link pending
brgo-20220930.htm Edgar Link pending
brgo-20220930.xsd Edgar Link pending
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brgo-20220930_cal.xml Edgar Link unprocessable