2021 Q3 Form 10-Q Financial Statement
#000164033421002009 Filed on August 23, 2021
Income Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $15.10K | $19.18K | $10.00K |
YoY Change | 51.0% | 91.8% | |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $15.10K | $19.18K | $6.747K |
YoY Change | 160.7% | 184.26% | |
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$15.10K | -$19.18K | -$10.00K |
YoY Change | 51.0% | 91.8% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$15.10K | -$19.18K | -$6.747K |
YoY Change | 160.7% | 184.26% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$1.960K | -$2.489K | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 7.705M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $1.570K | $1.220K | $0.00 |
YoY Change | |||
Cash & Equivalents | $1.570K | $1.220K | $1.266K |
Short-Term Investments | |||
Other Short-Term Assets | $2.500K | $2.500K | $0.00 |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $2.500K | $2.500K | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $4.070K | $3.720K | $10.00K |
YoY Change | -62.8% | ||
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 | $4.070K | $3.720K | $10.00K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $4.070K | $3.720K | $10.00K |
YoY Change | -62.8% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $20.75K | $15.30K | $20.00K |
YoY Change | 3.75% | -23.5% | 0.0% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $134.6K | $119.2K | $80.00K |
YoY Change | 68.29% | 48.98% | 60.0% |
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 | $134.6K | $119.2K | $80.00K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $134.6K | $119.2K | $80.00K |
YoY Change | 68.29% | 48.98% | 60.0% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$180.6K | -$165.5K | |
YoY Change | |||
Common Stock | $77.00 | $77.00 | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$130.6K | -$115.5K | -$74.31K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $4.070K | $3.720K | $10.00K |
YoY Change | -62.8% |
Cashflow Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$15.10K | -$19.18K | -$6.747K |
YoY Change | 160.7% | 184.26% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$150.00 | -$209.00 | -$148.00 |
YoY Change | 41.22% | ||
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 | 500.0 | ||
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -150.0 | -$209.00 | -$148.00 |
Cash From Investing Activities | |||
Cash From Financing Activities | 500.0 | ||
Net Change In Cash | 350.0 | -$209.00 | -$148.00 |
YoY Change | 41.22% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$150.00 | -$209.00 | -$148.00 |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2020Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7705000 | shares |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-96282 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19179 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-115461 | USD |
CY2020Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-67562 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6747 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-74309 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19179 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6747 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
0 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-3853 | USD |
CY2021Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
18970 | USD |
CY2020Q2 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
10452 | USD |
CY2021Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-209 | USD |
CY2020Q2 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-148 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-209 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-148 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1429 | USD |
CY2020Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1414 | USD |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1220 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1266 | USD |
CY2021Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2020Q2 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2021Q2 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2020Q2 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD |
CY2021Q2 | caro |
Operating Expenses Paid By Related Party
OperatingExpensesPaidByRelatedParty
|
16500 | USD |
CY2020Q2 | caro |
Operating Expenses Paid By Related Party
OperatingExpensesPaidByRelatedParty
|
5832 | USD |
CY2021Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
7705000 | shares |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1220 | USD |
CY2021Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1429 | USD |
CY2021Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
2500 | USD |
CY2021Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
2500 | USD |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
3720 | USD |
CY2021Q1 | us-gaap |
Assets Current
AssetsCurrent
|
3929 | USD |
CY2021Q2 | us-gaap |
Assets
Assets
|
3720 | USD |
CY2021Q1 | us-gaap |
Assets
Assets
|
3929 | USD |
CY2021Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
15303 | USD |
CY2021Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
12833 | USD |
CY2021Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
103878 | USD |
CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
87378 | USD |
CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
119181 | USD |
CY2021Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
100211 | USD |
CY2021Q2 | us-gaap |
Liabilities
Liabilities
|
119181 | USD |
CY2021Q1 | us-gaap |
Liabilities
Liabilities
|
100211 | USD |
CY2021Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
75000000 | shares |
CY2021Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.00001 | |
CY2021Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2021Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2021Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.00001 | |
CY2021Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
77 | USD |
CY2021Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
77 | USD |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
49973 | USD |
CY2021Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
49973 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-165511 | USD |
CY2021Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-146332 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-115461 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-96282 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3720 | USD |
CY2021Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3929 | USD |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
19179 | USD |
CY2020Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6747 | USD |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
19179 | USD |
CY2020Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
6747 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19179 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6747 | USD |
CY2021Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2020Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2021Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
7705000 | shares |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-165511 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-19179 | USD |
CY2021Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
103878 | USD |
CY2021Q1 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
87378 | USD |