2023 Q2 Form 10-Q Financial Statement
#000109181823000067 Filed on May 05, 2023
Income Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $73.84K | $143.5K | $147.2K |
YoY Change | -41.88% | -2.57% | 1.13% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $73.84K | $143.5K | $147.2K |
YoY Change | -41.88% | -2.57% | 1.13% |
Operating Profit | |||
YoY Change | |||
Interest Expense | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$73.84K | $143.5K | -$147.2K |
YoY Change | -41.88% | -197.43% | 1.07% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$73.84K | -$143.5K | -$147.2K |
YoY Change | -41.88% | -2.57% | 1.07% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | -$3.091K |
COMMON SHARES | |||
Basic Shares Outstanding | 47.64M shares | 47.64M shares | 47.64M shares |
Diluted Shares Outstanding | 47.64M shares | 47.64M shares |
Balance Sheet
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $2.540K | $40.00 | $60.00 |
YoY Change | 8366.67% | -33.33% | -99.02% |
Cash & Equivalents | $2.540K | $43.00 | $60.00 |
Short-Term Investments | |||
Other Short-Term Assets | $29.33K | $10.00 | |
YoY Change | -91.67% | ||
Inventory | |||
Prepaid Expenses | |||
Receivables | $0.00 | $0.00 | |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $31.86K | $43.00 | $70.00 |
YoY Change | 96445.45% | -38.57% | -98.88% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $31.86K | $43.00 | $70.00 |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $31.86K | $43.00 | $70.00 |
YoY Change | 96445.45% | -38.57% | -98.88% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.940K | $2.210K | $100.00 |
YoY Change | 2135.0% | 2110.0% | -99.91% |
Accrued Expenses | $119.8K | $1.656M | $1.181M |
YoY Change | -90.79% | 40.21% | 67.26% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $66.23K | $216.8K | $169.8K |
YoY Change | -62.73% | 27.71% | 37.29% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $230.7K | $1.911M | $1.387M |
YoY Change | -84.76% | 37.8% | 42.78% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $230.7K | $1.911M | $1.387M |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $230.7K | $1.911M | $1.387M |
YoY Change | -84.76% | 37.8% | 42.77% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$91.08M | ||
YoY Change | |||
Common Stock | $4.763K | ||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$198.9K | -$1.911M | -$1.387M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $31.86K | $43.00 | $70.00 |
YoY Change | 96445.45% | -38.57% | -98.88% |
Cashflow Statement
Concept | 2023 Q2 | 2023 Q1 | 2022 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$73.84K | -$143.5K | -$147.2K |
YoY Change | -41.88% | -2.57% | 1.07% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$52.69K | -$23.25K | -$29.13K |
YoY Change | 559.45% | -20.18% | 35.14% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | ||
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 | 55.18K | $23.22K | 29.10K |
YoY Change | 593.22% | -20.2% | 35.75% |
NET CHANGE | |||
Cash From Operating Activities | -52.69K | -$23.25K | -29.13K |
Cash From Investing Activities | 0.000 | ||
Cash From Financing Activities | 55.18K | $23.22K | 29.10K |
Net Change In Cash | 2.490K | -$30.00 | $0.00 |
YoY Change | -8400.0% | -100.0% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$52.69K | -$23.25K | -$29.13K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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2023 | |
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Increase Decrease In Prepaid Expense
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Document Type
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Document Period End Date
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Entity File Number
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Entity Registrant Name
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Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
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Entity Tax Identification Number
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Entity Address Address Line1
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2020 General Booth Blvd. | |
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Unit 230 | |
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Profit Loss
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Profit Loss
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Weighted Average Number Of Common Shares Basic And Diluted In Shares
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|
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Weighted Average Number Of Common Shares Basic And Diluted In Shares
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|
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|
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Net Loss Per Common Shares Basic And Diluted
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Net Cash Provided By Used In Operating Activities
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Net Cash Provided By Used In Financing Activities
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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Stockholders Equity
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|
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Net Income Loss
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|
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Stockholders Equity
StockholdersEquity
|
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Stockholders Equity
StockholdersEquity
|
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Net Income Loss
NetIncomeLoss
|
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Stockholders Equity
StockholdersEquity
|
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Net Royalty Percentage
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|
0.15 | pure |
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Area Of Land
AreaOfLand
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76.63 | acre |
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Use Of Estimates
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|
<p id="xdx_84E_eus-gaap--UseOfEstimates_zY4QbzKWu74i" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_864_zhyWbOyeIh4g">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: justify; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2023Q1 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
42312 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Gross
AccountsReceivableGross
|
42312 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
42312 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
42312 | usd |
CY2017Q4 | us-gaap |
Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
|
42312 | usd |
CY2023Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
42312 | usd |
CY2022Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
42312 | usd |
CY2023Q1 | us-gaap |
Proceeds Accounts Receivable Previously Written Off Recovery
ProceedsAccountsReceivablePreviouslyWrittenOffRecovery
|
42312 | usd |
CY2023Q1 | brvo |
Notes Receivable Related Parties Current Gross
NotesReceivableRelatedPartiesCurrentGross
|
418000 | usd |
CY2022Q4 | brvo |
Notes Receivable Related Parties Current Gross
NotesReceivableRelatedPartiesCurrentGross
|
418000 | usd |
CY2023Q1 | brvo |
Allowance For Notes And Loans Receivable Related Party Current
AllowanceForNotesAndLoansReceivableRelatedPartyCurrent
|
418000 | usd |
CY2022Q4 | brvo |
Allowance For Notes And Loans Receivable Related Party Current
AllowanceForNotesAndLoansReceivableRelatedPartyCurrent
|
418000 | usd |
CY2023Q1 | brvo |
Due To Related Parties
DueToRelatedParties
|
216791 | usd |
CY2022Q4 | brvo |
Due To Related Parties
DueToRelatedParties
|
193570 | usd |
CY2023Q1 | brvo |
Amount Of Press Release Wire Services
AmountOfPressReleaseWireServices
|
0 | usd |
CY2022Q1 | brvo |
Amount Of Press Release Wire Services
AmountOfPressReleaseWireServices
|
0 | usd |
CY2023Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | brvo |
Shares Authorized
SharesAuthorized
|
1050000000 | shares |
CY2023Q1 | brvo |
Rent Expense
RentExpense
|
0 | usd |
CY2022Q1 | brvo |
Rent Expense
RentExpense
|
0 | usd |