$BSPK
Bespoke Extracts, Inc.

2021 Form 10-K Financial Statement

#000121390021065002 Filed on December 13, 2021

View on sec.gov

Income Statement

Concept 2021 2020 Q3 2020
Revenue $4.650K $6.320K $8.050K
YoY Change -42.24% 0.48% -87.04%
Cost Of Revenue $2.070K $2.420K $3.510K
YoY Change -41.03% -95.53% -95.08%
Gross Profit $2.580K $3.900K $4.540K
YoY Change -43.17% -108.15% -148.76%
Gross Profit Margin 55.48% 61.71% 56.4%
Selling, General & Admin $322.8K $90.82K $4.017M
YoY Change -91.96% -4.88% 730.24%
% of Gross Profit 12511.63% 2328.72% 88486.34%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $2.510K
YoY Change -100.0% -100.0% -25.07%
% of Gross Profit 0.0% 0.0% 55.29%
Operating Expenses $322.8K $90.82K $4.020M
YoY Change -91.97% -66.46% -232.95%
Operating Profit -$320.2K -$86.92K -$4.015M
YoY Change -92.02% -72.72% -233.21%
Interest Expense $0.00 -$535.7K
YoY Change 49.86%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$25.31K -$86.93K -$4.641M
YoY Change -99.45% -72.72% -279.82%
Income Tax
% Of Pretax Income
Net Earnings -$25.31K -$86.93K -$4.641M
YoY Change -99.45% -72.72% -279.82%
Net Earnings / Revenue -544.3% -1375.47% -57649.81%
Basic Earnings Per Share -$0.19
Diluted Earnings Per Share -$100.90 -$546.40 -$39.05K
COMMON SHARES
Basic Shares Outstanding 5.159M shares
Diluted Shares Outstanding 5.159M shares

Balance Sheet

Concept 2021 2020 Q3 2020
SHORT-TERM ASSETS
Cash & Short-Term Investments $148.2K $126.6K $126.6K
YoY Change 17.09% 1124.37% 1124.37%
Cash & Equivalents $126.6K
Short-Term Investments
Other Short-Term Assets $6.440K $2.320K $2.320K
YoY Change 177.59% -86.85% -86.85%
Inventory $46.83K $0.00
Prepaid Expenses
Receivables $3.640K $3.590K $3.590K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $205.1K $132.5K $132.5K
YoY Change 54.8% 252.42% 252.42%
LONG-TERM ASSETS
Property, Plant & Equipment $342.5K $2.750K
YoY Change 12355.64%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $12.00K
YoY Change
Total Long-Term Assets $354.5K $33.74K $33.74K
YoY Change 950.74% -19.32% -19.32%
TOTAL ASSETS
Total Short-Term Assets $205.1K $132.5K $132.5K
Total Long-Term Assets $354.5K $33.74K $33.74K
Total Assets $559.7K $166.3K $166.3K
YoY Change 236.63% 109.33% 109.33%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $82.73K $59.91K $59.91K
YoY Change 38.09% -46.03% -46.03%
Accrued Expenses $59.78K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $2.500K $620.0K $620.0K
YoY Change -99.6% 1239900.0% 1239900.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $220.0K $679.9K $679.9K
YoY Change -67.64% 512.2% 512.2%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $280.4K
YoY Change
Total Long-Term Liabilities $280.4K $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $220.0K $679.9K $679.9K
Total Long-Term Liabilities $280.4K $0.00 $0.00
Total Liabilities $500.4K $679.9K $679.9K
YoY Change -26.4% 512.2% 512.2%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $59.28K -$513.7K -$513.7K
YoY Change
Total Liabilities & Shareholders Equity $559.7K $166.3K $166.3K
YoY Change 236.63% 109.33% 109.33%

Cashflow Statement

Concept 2021 2020 Q3 2020
OPERATING ACTIVITIES
Net Income -$25.31K -$86.93K -$4.641M
YoY Change -99.45% -72.72% -279.82%
Depreciation, Depletion And Amortization $0.00 $0.00 $2.510K
YoY Change -100.0% -100.0% -25.07%
Cash From Operating Activities -$105.5K -$57.70K -$465.2K
YoY Change -77.33% -51.87% -5.57%
INVESTING ACTIVITIES
Capital Expenditures $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 242.5K 184.0K 581.5K
YoY Change -58.3% 1068.25% 37.39%
NET CHANGE
Cash From Operating Activities -105.5K -57.70K -465.2K
Cash From Investing Activities 0.000
Cash From Financing Activities 242.5K 184.0K 581.5K
Net Change In Cash 137.1K 126.3K $0.00
YoY Change -221.28% -100.0%
FREE CASH FLOW
Cash From Operating Activities -$105.5K -$57.70K -$465.2K
Capital Expenditures $0.00
Free Cash Flow -$105.5K -$465.2K
YoY Change -77.33%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021 dei Trading Symbol
TradingSymbol
BSPK
CY2020Q3 us-gaap Inventory Net
InventoryNet
USD
CY2020Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
USD
CY2021Q3 bspk Common Stock Payable
CommonStockPayable
USD
CY2021 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
USD
CY2021 us-gaap Interest Expense
InterestExpense
USD
CY2021 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
USD
CY2020 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
USD
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
USD
CY2021 bspk Bad Debt Recovery Expense
BadDebtRecoveryExpense
USD
CY2021 bspk Option And Warrant Expense
OptionAndWarrantExpense
USD
CY2021 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
USD
CY2020 bspk Purchase Of Url
PurchaseOfUrl
USD
CY2021 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
USD
CY2021 bspk Proceeds From Exercise Of Warrants And Options
ProceedsFromExerciseOfWarrantsAndOptions
USD
CY2021 us-gaap Repayments Of Debt
RepaymentsOfDebt
USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
USD
CY2021 us-gaap Interest Paid Net
InterestPaidNet
USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
USD
CY2021 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
USD
CY2020 us-gaap Stock Issued1
StockIssued1
USD
CY2021 bspk Exchange Of Common Stock Payable
ExchangeOfCommonStockPayable
USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
pure
CY2021 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
pure
CY2021Q3 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
USD
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
USD

Files In Submission

Name View Source Status
0001213900-21-065002-index-headers.html Edgar Link pending
0001213900-21-065002-index.html Edgar Link pending
0001213900-21-065002.txt Edgar Link pending
0001213900-21-065002-xbrl.zip Edgar Link pending
bspk-20210831.xsd Edgar Link pending
bspk-20210831_cal.xml Edgar Link unprocessable
bspk-20210831_def.xml Edgar Link unprocessable
bspk-20210831_lab.xml Edgar Link unprocessable
bspk-20210831_pre.xml Edgar Link unprocessable
f10k2021ex31-1_bespoke.htm Edgar Link pending
f10k2021ex32-1_bespoke.htm Edgar Link pending
f10k2021_bespoke.htm Edgar Link pending
f10k2021_bespoke_htm.xml Edgar Link completed
FilingSummary.xml Edgar Link unprocessable
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
R16.htm Edgar Link pending
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
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.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