2023 Q2 Form 10-K Financial Statement

#000121390023033118 Filed on April 27, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2022 Q4 2022
Revenue $188.2K $0.00 $3.407K
YoY Change 53684.86% -100.0% -26.73%
Cost Of Revenue $117.2K -$46.43K $1.149K
YoY Change 151.16% -2596.24% -44.49%
Gross Profit $71.04K $46.43K $2.258K
YoY Change -253.35% 2318.23% -12.48%
Gross Profit Margin 37.74% 66.28%
Selling, General & Admin $457.4K $947.6K $3.742M
YoY Change -48.89% 1256.64% 1059.32%
% of Gross Profit 643.85% 2040.94% 165734.06%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $0.00 $0.00 $0.00
YoY Change
% of Gross Profit 0.0% 0.0% 0.0%
Operating Expenses $538.5K $947.6K $4.023M
YoY Change -44.25% 1256.44% 1146.26%
Operating Profit -$467.5K -$901.2K -$4.021M
YoY Change -53.81% 1226.44% 1155.59%
Interest Expense $250.00 $197.00
YoY Change
% of Operating Profit
Other Income/Expense, Net $2.587K -$96.70K -$95.57K
YoY Change 934.8%
Pretax Income -$464.9K -$997.6K -$4.116M
YoY Change -54.06% -539.52% 16163.24%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$464.9K -$997.6K -$4.116M
YoY Change -54.06% -539.52% 16163.24%
Net Earnings / Revenue -246.97% -120816.76%
Basic Earnings Per Share -$0.05 -$0.44
Diluted Earnings Per Share -$0.05 -$0.10 -$0.44
COMMON SHARES
Basic Shares Outstanding 10.17M shares 450.1M shares 9.367M shares
Diluted Shares Outstanding 10.17M shares 9.367M shares

Balance Sheet

Concept 2023 Q2 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $24.43K $24.43K
YoY Change -100.0% 287.78% -83.52%
Cash & Equivalents $1.947K $24.43K
Short-Term Investments
Other Short-Term Assets $50.00K $87.30K $87.30K
YoY Change 97.32% 1064.0% 1255.59%
Inventory $42.36K $0.00
Prepaid Expenses $14.45K $7.186K
Receivables $42.31K $0.00
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $137.9K $111.7K $111.7K
YoY Change 86.74% -45.53% -45.53%
LONG-TERM ASSETS
Property, Plant & Equipment $45.38K $9.947K $285.9K
YoY Change 356.23% 262.37% -16.54%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $10.00K $12.00K $12.00K
YoY Change -21.38% 0.0% 0.0%
Total Long-Term Assets $310.4K $297.9K $297.9K
YoY Change -6.16% -15.98% -15.98%
TOTAL ASSETS
Total Short-Term Assets $137.9K $111.7K $111.7K
Total Long-Term Assets $310.4K $297.9K $297.9K
Total Assets $448.3K $409.6K $409.6K
YoY Change 10.79% -26.81% -26.81%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $650.0K $295.8K $295.8K
YoY Change 308.75% 531.69% 257.57%
Accrued Expenses $60.00K $64.33K $64.33K
YoY Change -4.46% 7.61% 7.61%
Deferred Revenue
YoY Change
Short-Term Debt $40.00K $415.5K $415.5K
YoY Change 1562.0% 16520.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $758.1K $865.6K $865.7K
YoY Change 155.4% 293.47% 293.46%
LONG-TERM LIABILITIES
Long-Term Debt $850.0K $0.00 $0.00
YoY Change
Other Long-Term Liabilities $180.0K $216.0K $216.0K
YoY Change -27.39% -22.94% -22.94%
Total Long-Term Liabilities $1.030M $216.0K $216.0K
YoY Change 315.47% -22.94% -22.94%
TOTAL LIABILITIES
Total Short-Term Liabilities $758.1K $865.6K $865.7K
Total Long-Term Liabilities $1.030M $216.0K $216.0K
Total Liabilities $1.791M $1.082M $1.082M
YoY Change 228.82% 116.18% 116.17%
SHAREHOLDERS EQUITY
Retained Earnings -$24.79M -$23.88M
YoY Change 13.96% 20.82%
Common Stock $10.17K $9.944K
YoY Change -97.24% -97.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.343M -$672.1K -$672.1K
YoY Change
Total Liabilities & Shareholders Equity $448.3K $409.6K $409.6K
YoY Change 10.79% -26.81% -26.81%

Cashflow Statement

Concept 2023 Q2 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$464.9K -$997.6K -$4.116M
YoY Change -54.06% -539.52% 16163.24%
Depreciation, Depletion And Amortization $0.00 $0.00 $0.00
YoY Change
Cash From Operating Activities -$190.0K -$193.4K -$798.1K
YoY Change -9.82% 547.29% 656.82%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00 $7.202K
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 -$48.52K -$80.77K
YoY Change
Cash From Investing Activities $0.00 -$48.52K -$87.97K
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $344.5K
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 190.0K 255.5K $762.2K
YoY Change 29.08% 922.0% 214.33%
NET CHANGE
Cash From Operating Activities -190.0K -193.4K -$798.1K
Cash From Investing Activities 0.000 -48.52K -$87.97K
Cash From Financing Activities 190.0K 255.5K $762.2K
Net Change In Cash 0.000 13.57K -$123.8K
YoY Change -100.0% -190.33%
FREE CASH FLOW
Cash From Operating Activities -$190.0K -$193.4K -$798.1K
Capital Expenditures $0.00 $0.00 $7.202K
Free Cash Flow -$190.0K -$193.4K -$805.3K
YoY Change -7.05% 547.29% 663.65%

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us-gaap Nonoperating Income Expense
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-4116227 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-25305 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-965577 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2021 us-gaap Earnings Per Share Basic
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-0.19
CY2020Q3 us-gaap Stockholders Equity
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CY2021 us-gaap Conversion Of Stock Amount Converted1
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250000 usd
CY2021 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
0 usd
CY2021 us-gaap Sale Of Stock Consideration Received On Transaction
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800000 usd
CY2021 us-gaap Adjustments To Additional Paid In Capital Other
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11000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-965577 usd
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Conversion Of Stock Amount Converted1
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100000 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
240000 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
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11000 usd
bspk Frofgiveness Of Related Party Payable
FrofgivenessOfRelatedPartyPayable
533 usd
bspk Common Stock Issued For Services1
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7987 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
2073988 usd
us-gaap Net Income Loss
NetIncomeLoss
-25305 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
1989961 usd
CY2022 us-gaap Adjustments To Additional Paid In Capital Other
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4793 usd
CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
344450 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-4116227 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-672096 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2021 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Gains Losses On Extinguishment Of Debt
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292252 usd
us-gaap Gains Losses On Restructuring Of Debt
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2665 usd
CY2021 bspk Amortization And Impairment Expense Of Domain Names
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3244 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3636 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1039 usd
CY2022 bspk Inventory Reserve
InventoryReserve
46825 usd
CY2022 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-81700 usd
CY2022 bspk Interest Receivable Wonder Leaf
InterestReceivableWonderLeaf
931 usd
us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
7987 usd
CY2022 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
2955500 usd
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
143304 usd
CY2022 us-gaap Inventory Lifo Reserve Period Charge
InventoryLIFOReservePeriodCharge
15000 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1677 usd
CY2022 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
747 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-17890 usd
CY2021 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
22010 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1434 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
48259 usd
us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
12000 usd
CY2021 us-gaap Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
6686 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
213086 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
54166 usd
CY2022 us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
4091 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
366 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-798067 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-105449 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-1040965 usd
CY2022 us-gaap Payments For Advance To Affiliate
PaymentsForAdvanceToAffiliate
35769 usd
CY2022 us-gaap Origination Of Notes Receivable From Related Parties
OriginationOfNotesReceivableFromRelatedParties
45000 usd
CY2021 bspk Purchase Of Url
PurchaseOfUrl
2250 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7202 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2745 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-87971 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4995 usd
CY2022 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
4793 usd
CY2022 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
415500 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
62500 usd
CY2021 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
130534 usd
CY2022 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
2500 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
60000 usd
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
344450 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
240000 usd
CY2021 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
800000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
762243 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
242500 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
930534 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-123795 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
137051 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-115426 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148228 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11177 usd
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
126603 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
24433 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
148228 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11177 usd
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
100000 usd
CY2021 us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
250000 usd
bspk Forgiveness Of Note Payable Related Party
ForgivenessOfNotePayableRelatedParty
533 usd
bspk Capital Contribution Of Ceo Salary
CapitalContributionOfCEOSalary
11000 usd
CY2021 bspk Capital Contribution Of Ceo Salary
CapitalContributionOfCEOSalary
11000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
344996 usd
CY2021 us-gaap Stock Issued1
StockIssued1
76000 usd
CY2022 bspk Stock Issued For Prepaid Consulting
StockIssuedForPrepaidConsulting
116499 usd
bspk Stock Issued For Prepaid Consulting
StockIssuedForPrepaidConsulting
2025000 usd
CY2021Q4 us-gaap Supplemental Deferred Purchase Price
SupplementalDeferredPurchasePrice
225000 usd
CY2021Q4 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
116667 shares
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
150000 usd
CY2021Q4 bspk Sale Of Stock Price Per Shares
SaleOfStockPricePerShares
1.8
CY2021Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Purchase Price Of Common Stock Percent
SharebasedCompensationArrangementBySharebasedPaymentAwardPurchasePriceOfCommonStockPercent
0.90 pure
CY2021Q4 us-gaap Other Loans Payable Current
OtherLoansPayableCurrent
62500 usd
CY2022 us-gaap Gain On Cash Flow Hedge Ineffectiveness
GainOnCashFlowHedgeIneffectiveness
798067 usd
CY2022 bspk Working Capital Deficit
WorkingCapitalDeficit
753916 usd
CY2022Q4 us-gaap Accumulated Capitalized Interest Costs
AccumulatedCapitalizedInterestCosts
23883798 usd
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 19.4pt"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the accompanying consolidated financial statements and accompanying notes. Significant estimates include the assumption used in the valuation of equity-based transactions, valuation of intangible assets, allowance for doubtful accounts and inventory valuation and reserves. Actual results could differ from those estimates. </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 19.4pt"> </p>
CY2022 us-gaap Federal Deposit Insurance Corporation Premium Expense
FederalDepositInsuranceCorporationPremiumExpense
250000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
3636 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
0 usd
CY2022 us-gaap Accounts Receivable Sale
AccountsReceivableSale
0 usd
CY2021 us-gaap Accounts Receivable Sale
AccountsReceivableSale
3636 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
0 usd
CY2021Q4 us-gaap Inventory Gross
InventoryGross
46825 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
81240 usd
CY2021Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
78363 usd
CY2022Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
0 usd
CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
3251 usd
CY2022Q4 bspk Inventory Reserves
InventoryReserves
81240 usd
CY2021Q4 bspk Inventory Reserves
InventoryReserves
34789 usd
CY2022 bspk Total Accounts Receivable
TotalAccountsReceivable
0.10 pure
CY2021 bspk Total Accounts Receivable
TotalAccountsReceivable
0.10 pure
CY2021 bspk Total Sales In Percentage
TotalSalesInPercentage
0.10 pure
CY2017Q1 us-gaap Securities Sold Under Agreements To Repurchase Asset
SecuritiesSoldUnderAgreementsToRepurchaseAsset
20185 usd
CY2017Q1 us-gaap Temporary Equity Shares Subscribed But Unissued
TemporaryEquitySharesSubscribedButUnissued
200000 shares
CY2017Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
30000 usd
CY2020 us-gaap Asset Acquisition Consideration Transferred Transaction Cost
AssetAcquisitionConsiderationTransferredTransactionCost
5282 usd
CY2020 bspk Impairment Of Unrelated Party
ImpairmentOfUnrelatedParty
289 usd
CY2020 us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
44614 usd
CY2020 us-gaap Regulatory Liability Amortization Period
RegulatoryLiabilityAmortizationPeriod
P15Y
CY2021Q3 us-gaap Adjustment For Amortization
AdjustmentForAmortization
3244 usd
CY2022 bspk Transferred Amount
TransferredAmount
32748 usd
CY2022Q3 bspk Operating Profit Sale Percentage
OperatingProfitSalePercentage
0.40 pure
CY2022Q3 bspk Inventory Earn Out
InventoryEarnOut
75000 usd
CY2022Q4 bspk Inventory Earn Out
InventoryEarnOut
90000 usd
CY2022Q1 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
10000 usd
CY2022Q1 us-gaap Investment Interest Rate
InvestmentInterestRate
0.05 pure
CY2022Q1 us-gaap Investment Maturity Date
InvestmentMaturityDate
2023-01-18
CY2022Q1 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
10000 usd
CY2022Q1 us-gaap Investment Interest Rate
InvestmentInterestRate
0.05 pure
CY2022Q1 us-gaap Investment Maturity Date
InvestmentMaturityDate
2023-02-08
CY2022Q4 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
25000 usd
CY2022Q4 us-gaap Investment Interest Rate
InvestmentInterestRate
0.05 pure
CY2022Q4 us-gaap Investment Maturity Date
InvestmentMaturityDate
2023-02-08
CY2022Q4 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
931 usd
CY2022 us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
45931 usd
CY2021Q4 bspk Note Payable Repaid
NotePayableRepaid
60000 usd
CY2022Q4 bspk Note Payable Repaid
NotePayableRepaid
2500 usd
CY2022Q4 us-gaap Notes And Loans Payable Current
NotesAndLoansPayableCurrent
415500 usd
CY2019Q4 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
500000 usd
CY2019Q4 bspk Purchase Amount
PurchaseAmount
300000 usd
CY2019Q4 bspk Stock Issued During Period Shares New Issue
StockIssuedDuringPeriodSharesNewIssue
111111 shares
CY2019Q4 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
55000 usd
CY2019Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.225
CY2019Q4 us-gaap Debt Instrument Convertible Beneficial Conversion Feature
DebtInstrumentConvertibleBeneficialConversionFeature
245000 usd
CY2019Q4 us-gaap Defined Benefit Plan Funded Percentage
DefinedBenefitPlanFundedPercentage
0.0499 pure
CY2019Q4 us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
April 30, 2020
CY2019Q4 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
0.045
CY2019Q4 bspk Conversion Price Reduced Per Share
conversionPriceReducedPerShare
0.18
CY2019Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.09 pure
CY2021Q3 us-gaap Debt Instrument Convertible Conversion Price1
DebtInstrumentConvertibleConversionPrice1
2.25
CY2021Q3 bspk Debenture Holder Converted Amount
DebentureHolderConvertedAmount
100000 usd
CY2021Q3 us-gaap Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
44444 shares
CY2021Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
2.25
CY2021Q4 bspk Principal Amount
PrincipalAmount
400000 usd
CY2021Q4 bspk Exchange Debenture
ExchangeDebenture
32748 usd
CY2022 bspk Operating Profit Generated
OperatingProfitGenerated
0.40 pure
CY2022Q3 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
75000 usd
CY2021 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
292252 usd
CY2022Q4 us-gaap Lessee Finance Lease Remaining Lease Term
LesseeFinanceLeaseRemainingLeaseTerm
P5Y
CY2022Q4 us-gaap Lessee Finance Lease Renewal Term1
LesseeFinanceLeaseRenewalTerm1
P5Y
CY2022 us-gaap Payments For Rent
PaymentsForRent
6000 usd
CY2022Q4 us-gaap Purchase Obligation
PurchaseObligation
600000 usd
CY2022 bspk Rightofuse Assets Classification
RightofuseAssetsClassification
Right of use assets
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
275912 usd
CY2022 bspk Current Lease Liabilities Classification
CurrentLeaseLiabilitiesClassification
Current operating lease liabilities
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
64330 usd
CY2022 bspk Noncurrent Lease Liabilities Classification
NoncurrentLeaseLiabilitiesClassification
Long-term operating lease liabilities
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
216039 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
280369 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P3Y11M8D
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
76372 usd
CY2022 us-gaap Lease Cost
LeaseCost
80572 usd
CY2022 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
54000 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
75600 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
75915 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
79380 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
72765 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
303660 usd
CY2022Q4 us-gaap Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
23291 usd
CY2022Q4 bspk Total Present Value Of Lease Liabilities
TotalPresentValueOfLeaseLiabilities
280369 usd
CY2021 bspk Rightofuse Assets Classification
RightofuseAssetsClassification
Right of use assets
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
339780 usd
CY2021 bspk Current Lease Liabilities Classification
CurrentLeaseLiabilitiesClassification
Current operating lease liabilities
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
59777 usd
CY2021 bspk Noncurrent Lease Liabilities Classification
NoncurrentLeaseLiabilitiesClassification
Long-term operating lease liabilities
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
280369 usd
CY2021Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
340146 usd
CY2021Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y11M1D
CY2021Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.04 pure
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
6366 usd
CY2021 us-gaap Lease Cost
LeaseCost
6366 usd
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
6000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
344996 usd
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3000000000 shares
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
3000000000 shares
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
4792 usd
CY2021Q4 bspk Purchase Agreements Description
PurchaseAgreementsDescription
Pursuant to the Wonderleaf Purchase Agreement, Bespoke Colorado agreed to purchase from WonderLeaf, and WonderLeaf agreed to sell to Bespoke Colorado, certain assets of WonderLeaf, including a license to manufacture marijuana-infused products, existing inventory, and extraction equipment and ancillary items, all as further set forth in the Wonderleaf Purchase Agreement, for a purchase price of $225,000, to be paid in shares of common stock of the Company (including 55,555 shares issued and held in escrow, upon execution of the Purchase Agreement, and an additional $150,000 of common stock that will be valued based on the volume weighted average price of the common stock, subject to a floor of $0.90 per share and a ceiling of $1.80 per share), provided that, the purchase price for the inventory will be 90% of the wholesale value of the regulated marijuana portion of the inventory and the packaging corresponding thereto set forth on the inventory accounting statement to be prepared pursuant to the Wonderleaf Purchase Agreement.
CY2022 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
675000 usd
CY2022 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
80113 usd
CY2021 us-gaap Restricted Stock Award Forfeitures
RestrictedStockAwardForfeitures
1930685 usd
CY2021Q4 bspk Stock Based Compensation Description
StockBasedCompensationDescription
the Company entered into an employment agreement with Michael Feinsod, the Company’s chief executive officer and chairman. Pursuant to the employment agreement, Mr. Feinsod will continue to serve as the Company’s chief executive officer and chairman and will receive a base monthly salary of $10,000. The Company also granted to Mr. Feinsod, pursuant to the Company’s 2021 Equity Incentive Plan, 1,000,000 shares of restricted common stock valued at $1,350,000 ($1.35 per share), which will vest one year from the date of grant. During the year ended December 31, 2022 the Company recorded $1,350,000 of prepaid expenses associated with the stock based compensation.
CY2022 bspk Shares Issued To Investors
SharesIssuedToInvestors
1530897 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
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CY2022 us-gaap Payments For Repurchase Of Warrants
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344450 usd
CY2022 us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
2.25
CY2022Q3 bspk Shares Of Common Stock
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CY2022Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
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CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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1104928 usd
CY2022 us-gaap Conversion Of Stock Description
ConversionOfStockDescription
As of December 31, 2022 the Company had a prepaid stock award of $80,113.
us-gaap Other Underwriting Expense
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94315 usd
bspk Shares Issued To Investors
SharesIssuedToInvestors
50000000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Shares Issued In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesIssuedInPeriod
12500000 shares
us-gaap Payments For Repurchase Of Warrants
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250000 usd
us-gaap Legal Fees
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CY2021Q4 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P1Y
us-gaap Warrant Exercise Price Decrease
WarrantExercisePriceDecrease
0.05
CY2022 bspk Expire Date
ExpireDate
2023-06-30
CY2022 us-gaap Debt Instrument Maturity Date
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2023-06-30
CY2022 us-gaap Fair Value Option Credit Risk Gains Losses On Assets
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450000 usd
CY2022 us-gaap Deferred Tax Expense From Stock Options Exercised
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us-gaap Deferred Tax Expense From Stock Options Exercised
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CY2021Q4 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
900000 usd
CY2021Q4 us-gaap Common Stock Conversion Basis
CommonStockConversionBasis
The options vest over a period of 3 months and have a term of 10 years. The options were valued at $30,000 using a Black-Scholes pricing model.
CY2021 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
24900 usd
CY2022 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
5100 usd
CY2022 us-gaap Other General Expense
OtherGeneralExpense
512813 usd
CY2020Q2 us-gaap Accelerated Share Repurchases Initial Price Paid Per Share
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2222222
CY2020Q2 us-gaap Stock Issued During Period Shares Other
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0.045 shares
CY2021Q4 us-gaap Related Party Transaction Due From To Related Party
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4792 usd
CY2022Q4 us-gaap Due From Officers Or Stockholders
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CY2021Q2 bspk Mr Pollack An Annual Salary
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66000 usd
bspk Mr Pollack Forgive Salary
MrPollackForgiveSalary
11000 usd
CY2021Q3 bspk Principal Amounts
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400000 usd
CY2022Q3 bspk Operating Profit Percentage
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0.40 pure
CY2022Q3 us-gaap Debt Instrument Periodic Payment
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75000 usd
CY2021Q4 bspk Executive Officer Salary
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8000 usd
CY2021Q4 bspk Stock Issued During Period Shares Others
StockIssuedDuringPeriodSharesOthers
666667 shares
CY2021Q4 us-gaap Stock Option Exercise Price Decrease
StockOptionExercisePriceDecrease
0.06
CY2021Q4 bspk Premium Percentage
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1.20 pure
CY2022Q3 us-gaap Excess Stock Shares Issued
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2777778 shares
CY2022Q4 us-gaap Deferred Tax Assets Net
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1443258 usd
CY2021Q4 us-gaap Deferred Tax Assets Net
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1159140 usd
CY2022 us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
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6277000 usd
us-gaap Gain Loss On Sale Of Leased Assets Net Operating Leases
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5100000 usd
CY2022Q4 us-gaap Operating Loss Carryforwards
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3156376 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.25 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.0028 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.225 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.2472 pure
CY2021 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.025 pure
CY2022Q4 us-gaap Inventory Adjustments
InventoryAdjustments
21179 usd
CY2021Q4 us-gaap Inventory Adjustments
InventoryAdjustments
9533 usd
CY2022 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
21045 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1011 usd
CY2022Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1401034 usd
CY2021Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1148596 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1443258 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
1159140 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1443258 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
1159140 usd
CY2022 us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-1009374 usd
us-gaap Net Income Loss Allocated To Limited Partners
NetIncomeLossAllocatedToLimitedPartners
-6205 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
756935 usd
us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
40057 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
252756 usd
us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
33852 usd
us-gaap Other Income Tax Expense Benefit Continuing Operations
OtherIncomeTaxExpenseBenefitContinuingOperations
usd
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0001409197

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