2024 Q3 Form 10-Q Financial Statement

#000147793224005142 Filed on August 19, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $152.00
YoY Change 15100.0%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $74.81K
YoY Change 115.9%
Operating Profit -$74.66K
YoY Change 115.47%
Interest Expense $145.7K
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$596.3K
YoY Change 1620.92%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$596.3K
YoY Change 1620.92%
Net Earnings / Revenue -392313.16%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 25.37M shares 24.37M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $33.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $30.20K
Receivables
Other Receivables
Total Short-Term Assets $30.24K
YoY Change -17.45%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles $235.2K
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $235.2K
YoY Change 105.18%
TOTAL ASSETS
Total Short-Term Assets $30.24K
Total Long-Term Assets $235.2K
Total Assets $265.4K
YoY Change 75.48%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $154.8K
YoY Change 188.87%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $358.9K
YoY Change 173.14%
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $358.9K
Total Long-Term Liabilities
Total Liabilities
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$1.521M
YoY Change 133.97%
Common Stock $2.537K
YoY Change 7.32%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$93.52K
YoY Change
Total Liabilities & Shareholders Equity $265.4K
YoY Change 75.48%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$596.3K
YoY Change 1620.92%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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brooqLy, INC.
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dei Entity Tax Identification Number
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dei Entity Address State Or Province
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brql Capital Raise Strategy And Agreements With Advisors And Broker Dealer Description
CapitalRaiseStrategyAndAgreementsWithAdvisorsAndBrokerDealerDescription
The Company has publicly announced that it will conduct a raise up to $5,000,000 from Accredited Investors pursuant to a Regulation D/Rule 506(c) offering. To achieve this, the Company completed an agreement on July 31, 2023, with Jahani & Associates (“J & A”) to act as their advisor for expansion into the Middle East and Southeast Asia. Following, on the same date, the Company also completed an agreement with Umergence LLC (“UMG’), a registered broker-dealer, to introduce accredited investors with whom UMG has a pre-existing business relationship. After having made a first required payment of $12,500, because we did not make the second payment of $12,500 as a result of the Company’s inability to pay, the broker-dealer has paused in their efforts to procure investors until such time when the second payment is made
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 generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, revenue and expenses and disclosure of contingent assets and liabilities at the date the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
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CY2022Q1 brql Desription Of Investment1
DesriptionOfInvestment1
The investment was in excess of $50,000 entitling the investor to receive shares and warrants at a reduced price instead of at $0.20 per share from those investors investing less than $50,000. The investor failed to pay $75,000 of the aggregate investment and the Company has determined that the investor will not receive the benefit of the $0.10 per share price and its shares shall be calculated on the basis of $0.20 per share, for which there is an adjusted number of common shares (and no warrants), of 125,000 shares for the cash proceeds of $25,000 that the company received from the investor
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174295 usd
CY2023 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
550000 shares
CY2023 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
120000 usd
CY2023 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
20000 shares
CY2023 brql Restricted Common Stock Shares Issue
RestrictedCommonStockSharesIssue
500000 shares
CY2023 brql Restricted Common Stock Shares For The Conversion Of Loan Amount
RestrictedCommonStockSharesForTheConversionOfLoanAmount
60000 usd
CY2023 brql Restricted Common Stock Shares For Services
RestrictedCommonStockSharesForServices
600000 shares
CY2023 brql Restricted Common Stock Shares For Services Amount
RestrictedCommonStockSharesForServicesAmount
122000 usd
brql Restricted Common Stock Shares For Services
RestrictedCommonStockSharesForServices
100000 shares
brql Restricted Common Stock Shares For Services Amount
RestrictedCommonStockSharesForServicesAmount
58000 usd
brql Restricted Common Stock Shares Issue
RestrictedCommonStockSharesIssue
30018 shares
brql Restricted Common Stock Shares For The Conversion Of Loan Amount
RestrictedCommonStockSharesForTheConversionOfLoanAmount
17410 usd
brql Additional Restricted Common Stock Shares Issued
AdditionalRestrictedCommonStockSharesIssued
800000 shares
brql Restricted Common Stock Shares For The Conversion Of Loan Amount Additionally
RestrictedCommonStockSharesForTheConversionOfLoanAmountAdditionally
480000 usd
brql Common Shares Issued For Interest On Convertible Note
CommonSharesIssuedForInterestOnConvertibleNote
200000 shares
brql Common Shares Issued For Interest On Convertible Note Amount
CommonSharesIssuedForInterestOnConvertibleNoteAmount
120000 usd
CY2024Q2 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1520000 usd
CY2023Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
828757 usd
CY2024Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
319393 usd
CY2023Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
174040 usd
CY2024Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
319393 usd
CY2023Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
174040 usd
CY2024Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd

Files In Submission

Name View Source Status
brql-20240630_cal.xml Edgar Link unprocessable
0001477932-24-005142-index-headers.html Edgar Link pending
0001477932-24-005142-index.html Edgar Link pending
0001477932-24-005142.txt Edgar Link pending
0001477932-24-005142-xbrl.zip Edgar Link pending
brql-20240630.xsd Edgar Link pending
brql_10q.htm Edgar Link pending
brql_ex311.htm Edgar Link pending
brql_ex312.htm Edgar Link pending
brql_ex321.htm Edgar Link pending
brql_ex322.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
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R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
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R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
brql-20240630_def.xml Edgar Link unprocessable
brql-20240630_lab.xml Edgar Link unprocessable
brql-20240630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
brql_10q_htm.xml Edgar Link completed