2024 Q2 Form 10-K Financial Statement
#000147793224002748 Filed on May 13, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $611.00 | $40.21K | |
YoY Change | -96.36% | -55.61% | |
Cost Of Revenue | $5.560K | $155.8K | |
YoY Change | -62.81% | 23.08% | |
Gross Profit | -$4.949K | -$113.2K | |
YoY Change | -367.66% | 214.56% | |
Gross Profit Margin | -809.98% | -281.61% | |
Selling, General & Admin | $23.41K | ||
YoY Change | 91.38% | ||
% of Gross Profit | |||
Research & Development | $0.00 | ||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $11.00K | ||
YoY Change | 99.47% | ||
% of Gross Profit | |||
Operating Expenses | $182.1K | $1.199M | |
YoY Change | -46.34% | -54.04% | |
Operating Profit | -$187.0K | -$1.312M | |
YoY Change | -44.58% | -50.38% | |
Interest Expense | $47.89K | $148.7K | |
YoY Change | 34.38% | 29.66% | |
% of Operating Profit | |||
Other Income/Expense, Net | -$47.89K | -$161.3K | |
YoY Change | 34.38% | 48.48% | |
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$235.0K | -$1.448M | |
YoY Change | -37.01% | -47.4% | |
Net Earnings / Revenue | -38463.5% | -3600.52% | |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | 106.4M shares | 130.3M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $22.00 | $52.00 | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | $25.76K | $30.80K | |
Prepaid Expenses | $14.07K | $0.00 | |
Receivables | $0.00 | ||
Other Receivables | |||
Total Short-Term Assets | $39.85K | $30.85K | |
YoY Change | -82.0% | -85.59% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $33.00K | $38.48K | |
YoY Change | -25.05% | -22.23% | |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $122.8K | $139.9K | |
YoY Change | -24.34% | -22.23% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $39.85K | $30.85K | |
Total Long-Term Assets | $122.8K | $139.9K | |
Total Assets | $162.6K | $170.7K | |
YoY Change | -57.61% | -56.67% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $897.9K | $879.9K | |
YoY Change | 24.63% | 39.88% | |
Accrued Expenses | $253.1K | $397.1K | |
YoY Change | -26.45% | 35.26% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.006M | $2.965M | |
YoY Change | 16.96% | 47.66% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $172.4K | ||
YoY Change | -9.96% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.006M | $2.965M | |
Total Long-Term Liabilities | $172.4K | ||
Total Liabilities | $3.168M | $3.137M | |
YoY Change | 15.11% | 42.65% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$9.522M | -$8.790M | |
YoY Change | 17.85% | 19.72% | |
Common Stock | $12.68K | $13.04K | |
YoY Change | -1.98% | 1.97% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$3.005M | -$2.966M | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $162.6K | $170.7K | |
YoY Change | -57.61% | -56.67% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$235.0K | -$1.448M | |
YoY Change | -37.01% | -47.4% | |
Depreciation, Depletion And Amortization | $11.00K | ||
YoY Change | 99.47% | ||
Cash From Operating Activities | -$473.6K | ||
YoY Change | -74.19% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | $0.00 | ||
YoY Change | -100.0% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $464.7K | ||
YoY Change | -75.51% | ||
NET CHANGE | |||
Cash From Operating Activities | -$473.6K | ||
Cash From Investing Activities | $0.00 | ||
Cash From Financing Activities | $464.7K | ||
Net Change In Cash | -$8.941K | ||
YoY Change | -224.32% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$473.6K | ||
Capital Expenditures | $0.00 | ||
Free Cash Flow | -$473.6K | ||
YoY Change | -74.94% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
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CY2023Q4 | us-gaap |
Inventory Net
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CY2023Q4 | us-gaap |
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CY2023Q4 | elite |
Accounts Payable And Accrued Expenses Related Party
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CY2022Q4 | us-gaap |
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CY2022Q4 | us-gaap |
Leasehold Improvements Gross
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|
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CY2022Q4 | us-gaap |
Convertible Notes Payable
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CY2022Q4 | us-gaap |
Operating Lease Liability Noncurrent
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CY2022Q4 | us-gaap |
Long Term Loans Payable
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Liabilities
Liabilities
|
2199229 | usd |
CY2022Q4 | us-gaap |
Commitments And Contingencies
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|
0 | usd |
CY2022Q4 | us-gaap |
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Shares To Be Issued
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CY2022Q4 | us-gaap |
Additional Paid In Capital
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CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
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Stockholders Equity
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Cost Of Goods And Services Sold
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Cost Of Goods And Services Sold
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Property Plant And Equipment Net
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Interest Expense
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Net Income Loss
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CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2023 | us-gaap |
General And Administrative Expense
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Interest Expense
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33137 | |
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844 | |
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Local Phone Number
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426-2958 | |
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Common Stock $0.0001 par value | |
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FY | |
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Preferred Stock Shares Outstanding
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Allowance For Doubtful Accounts Premiums And Other Receivables
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Elite Performance Holding Corp. | |
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Entity Incorporation State Country Code
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NV | |
CY2023 | dei |
Entity Tax Identification Number
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82-5034226 | |
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3301 NE 1st Ave Suite M704 | |
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Entity Address City Or Town
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Entity Address State Or Province
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Entity Interactive Data Current
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Entity Filer Category
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Entity Public Float
EntityPublicFloat
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Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
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CY2023 | dei |
Auditor Firm
AuditorFirmId
|
2738 | |
CY2023 | dei |
Auditor Name
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|
M&K CPAS, PLLC | |
CY2023 | dei |
Auditor Location
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|
The Woodlands, Texas | |
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Inventory Net
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Operating Lease Right Of Use Asset
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
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|
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|
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|
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Stockholders Equity
StockholdersEquity
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Reg D Subscriptions Amount
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|
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|
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|
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Stockholders Equity
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|
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Shares To Be Issued For Reg D Subscriptions Amount
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Stockholders Equity
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|
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Adjustments To Convertible Debt With Conversion Feature
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|
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CY2022 | elite |
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Loss On Inventory Write Down
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Loss On Inventory Write Down
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|
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CY2023 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | usd |
CY2022 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
6000 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
11001 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
5515 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-25202 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
25202 | usd |
CY2023 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-258569 | usd |
CY2022 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
169584 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-1951 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
1951 | usd |
CY2023 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-28981 | usd |
CY2022 | us-gaap |
Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
|
-12230 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
443391 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
95574 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
133888 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
160058 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-473641 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1835288 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
55000 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-55000 | usd |
CY2023 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
330000 | usd |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
0 | usd |
CY2023 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
98500 | usd |
CY2022 | us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
50460 | usd |
CY2023 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
145516 | usd |
CY2022 | us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
34645 | usd |
CY2023 | us-gaap |
Proceeds From Repayments Of Bank Overdrafts
ProceedsFromRepaymentsOfBankOverdrafts
|
998 | usd |
CY2023 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
73000 | usd |
CY2022 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
0 | usd |
CY2023 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
17282 | usd |
CY2022 | us-gaap |
Finance Lease Principal Payments
FinanceLeasePrincipalPayments
|
29336 | usd |
CY2023 | elite |
Proceeds From Advances
ProceedsFromAdvances
|
125000 | usd |
CY2022 | elite |
Proceeds From Advances
ProceedsFromAdvances
|
90000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1821001 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
464700 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1897480 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-8941 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
7192 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8993 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1801 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
52 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8993 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
27707 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
12842 | usd |
CY2023 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd |
CY2022 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
55000 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
0 | usd |
CY2023 | elite |
Shares Issued As Debt Issuance Cost
SharesIssuedAsDebtIssuanceCost
|
1623 | usd |
CY2022 | elite |
Shares Issued As Debt Issuance Cost
SharesIssuedAsDebtIssuanceCost
|
0 | usd |
CY2023 | elite |
Shares Issued And To Be Issued For Payment Of Accounts Payable
SharesIssuedAndToBeIssuedForPaymentOfAccountsPayable
|
0 | usd |
CY2022 | elite |
Shares Issued And To Be Issued For Payment Of Accounts Payable
SharesIssuedAndToBeIssuedForPaymentOfAccountsPayable
|
140000 | usd |
CY2023 | elite |
Recognition Of Lease Asset And Lease Liability
RecognitionOfLeaseAssetAndLeaseLiability
|
0 | usd |
CY2022 | elite |
Recognition Of Lease Asset And Lease Liability
RecognitionOfLeaseAssetAndLeaseLiability
|
121301 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-8790188 | usd |
CY2023 | us-gaap |
Basis Of Accounting
BasisOfAccounting
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The consolidated financial statements include the operations of the Company and its wholly-owned subsidiary, Elite Beverage International Corp.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">All significant intercompany accounts and transactions have been eliminated in consolidation.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company’s consolidated financial statements are prepared using the accrual method of accounting and are presented in accordance with U.S. Generally Accepted Accounting Principles (GAAP). The Company has elected a calendar year-end. </p> | |
CY2023Q4 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | usd |
CY2023Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
0 | usd |
CY2022Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
25202 | usd |
CY2023Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
0 | usd |
CY2023 | us-gaap |
Inventory Write Down
InventoryWriteDown
|
111000 | usd |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
30802 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
178003 | usd |
CY2023Q4 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
0 | usd |
CY2022Q4 | us-gaap |
Prepaid Expense Noncurrent
PrepaidExpenseNoncurrent
|
1951 | usd |
CY2023Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
820250 | usd |
CY2023Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
368881 | usd |
CY2023 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
19154465 | shares |
CY2022Q4 | us-gaap |
Convertible Debt
ConvertibleDebt
|
545250 | usd |
CY2022Q4 | us-gaap |
Interest Payable Current
InterestPayableCurrent
|
259971 | usd |
CY2022 | us-gaap |
Conversion Of Stock Shares Converted1
ConversionOfStockSharesConverted1
|
16104420 | shares |
CY2023 | us-gaap |
Advertising Expense
AdvertisingExpense
|
65169 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
310767 | usd |
CY2023 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
CY2023 | 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 requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent 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.</p> | |
CY2023 | elite |
Total Revenues
TotalRevenues
|
42569 | usd |
CY2022 | elite |
Total Revenues
TotalRevenues
|
90588 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2023Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
8789000 | usd |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
7342000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1846000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1542000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1846000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1542000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1846000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
1542000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1846000 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
1542000 | usd |
CY2023Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2023 | elite |
Revenues Related Parties
RevenuesRelatedParties
|
2359 | usd |
CY2022 | elite |
Revenues Related Parties
RevenuesRelatedParties
|
0 | usd |
CY2023 | us-gaap |
Related Party Transaction Description Of Transaction
RelatedPartyTransactionDescriptionOfTransaction
|
2023, Joey Firestone’s mother purchased $2016.00 of products and Jon McKenzie’s wife purchased $343.00 of the Company’s product | |
CY2023 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
142613 | usd |
CY2023Q4 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
142613 | usd |
CY2023 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
23410 | usd |
CY2022 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
12232 | usd |
CY2023 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
10007 | usd |
CY2022 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
5832 | usd |
CY2023Q4 | us-gaap |
Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
|
130397550 | shares |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
55000 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
16516 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
38484 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
11001 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
5515 | usd |
CY2023 | elite |
Property Plant And Equipment Estimated Useful Life
PropertyPlantAndEquipmentEstimatedUsefulLife
|
P5Y | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
465000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023 | elite |
Description Of Shares Registered In The S1 Registration Statement
DescriptionOfSharesRegisteredInTheS1RegistrationStatement
|
the Company has raised $1,250,000 (25,000,000 shares issued) through a registered offering for $1,250,000 which was registered with the SEC through an S1 registration statement which went effective on April 23, 2019 | |
CY2023 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
40000 | shares |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
10000 | usd |
CY2023Q4 | us-gaap |
Share Price
SharePrice
|
0.25 | |
CY2023 | us-gaap |
Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
|
10000 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
35000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
10000000 | shares |
CY2017Q4 | elite |
Preferred Stock Designated Value
PreferredStockDesignatedValue
|
1000 | usd |
CY2020Q2 | us-gaap |
Shortterm Debt Average Outstanding Amount
ShorttermDebtAverageOutstandingAmount
|
201352 | usd |
CY2023 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
3826 | usd |
CY2022 | us-gaap |
Interest Income Expense After Provision For Loan Loss
InterestIncomeExpenseAfterProvisionForLoanLoss
|
2871 | usd |
CY2023 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
90000 | usd |
CY2021 | us-gaap |
Proceeds From Other Debt
ProceedsFromOtherDebt
|
75000 | usd |
CY2023Q4 | elite |
Balances Of Advances
BalancesOfAdvances
|
215000 | usd |
CY2022Q4 | elite |
Balances Of Advances
BalancesOfAdvances
|
140000 | usd |
CY2023 | elite |
Interest Expense Including Discount Amortization
InterestExpenseIncludingDiscountAmortization
|
148037 | usd |
CY2022 | elite |
Interest Expense Including Discount Amortization
InterestExpenseIncludingDiscountAmortization
|
114655 | usd |
CY2023Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
0 | usd |
CY2023 | elite |
Concentration Risk Percentage From Online Sales
ConcentrationRiskPercentageFromOnlineSales
|
0.32 | pure |
CY2022Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
25202 | usd |
CY2022 | elite |
Concentration Risk Percentage From Online Sales
ConcentrationRiskPercentageFromOnlineSales
|
0.23 | pure |
CY2023Q4 | us-gaap |
Inventory Net
InventoryNet
|
30802 | usd |
CY2023Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
30802 | usd |
CY2023Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
0 | usd |
CY2022Q4 | us-gaap |
Inventory Net
InventoryNet
|
178003 | usd |
CY2022Q4 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
46740 | usd |
CY2022Q4 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
131263 | usd |
CY2023 | us-gaap |
Subordinated Borrowing Interest Rate
SubordinatedBorrowingInterestRate
|
0.07 | pure |
CY2023 | elite |
Royalty Fees Income
RoyaltyFeesIncome
|
11735 | usd |