2022 Q1 Form 10-Q Financial Statement

#000164033422000308 Filed on February 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q1 2021 Q4 2021 Q3
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $17.69K $9.130K $15.10K
YoY Change 111.6% 16.75% 51.0%
% of Gross Profit
Research & Development $0.00
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $17.69K $9.133K $15.10K
YoY Change 111.6% 16.82% 160.7%
Operating Profit -$9.133K
YoY Change
Interest Expense $0.00
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$17.69K -$9.130K -$15.10K
YoY Change 111.6% 16.75% 51.0%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$17.69K -$9.133K -$15.10K
YoY Change 111.6% 16.82% 160.7%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share -$626.60 -$1.185K -$1.960K
COMMON SHARES
Basic Shares Outstanding 7.705M shares 7.705M shares 7.705M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q1 2021 Q4 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $1.440K $1.570K
YoY Change -100.0% 11.63%
Cash & Equivalents $0.00 $1.438K $1.570K
Short-Term Investments
Other Short-Term Assets $0.00 $0.00 $2.500K
YoY Change -100.0% -100.0%
Inventory
Prepaid Expenses $0.00 $0.00 $2.500K
Receivables
Other Receivables
Total Short-Term Assets $0.00 $1.438K $4.070K
YoY Change -100.0% -62.06%
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 $0.00 $1.438K $4.070K
Total Long-Term Assets $0.00 $0.00 $0.00
Total Assets $0.00 $1.438K $4.070K
YoY Change -100.0% -62.06%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $20.20K $11.95K $20.75K
YoY Change 57.44% 10.34% 3.75%
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 $22.00K $141.1K $134.6K
YoY Change -78.04% 53.89% 68.29%
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 $22.00K $141.1K $134.6K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $22.00K $141.1K $134.6K
YoY Change -78.04% 53.89% 68.29%
SHAREHOLDERS EQUITY
Retained Earnings -$207.4K -$189.7K -$180.6K
YoY Change 41.75%
Common Stock $400.00 $77.00 $77.00
YoY Change 419.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$22.00K -$139.7K -$130.6K
YoY Change
Total Liabilities & Shareholders Equity $0.00 $1.438K $4.070K
YoY Change -100.0% -62.06%

Cashflow Statement

Concept 2022 Q1 2021 Q4 2021 Q3
OPERATING ACTIVITIES
Net Income -$17.69K -$9.133K -$15.10K
YoY Change 111.6% 16.82% 160.7%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$1.440K -$130.00 -$150.00
YoY Change 747.06% -72.34%
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 0.000 0.000 500.0
YoY Change -100.0% -100.0%
NET CHANGE
Cash From Operating Activities -1.440K -130.0 -150.0
Cash From Investing Activities
Cash From Financing Activities 0.000 0.000 500.0
Net Change In Cash -1.440K -130.0 350.0
YoY Change -1207.69% 8.33%
FREE CASH FLOW
Cash From Operating Activities -$1.440K -$130.00 -$150.00
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-7818 USD
us-gaap Net Income Loss
NetIncomeLoss
-43412 USD
us-gaap Net Income Loss
NetIncomeLoss
-20357 USD
CY2021Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9133 USD
CY2021Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
77 USD
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
77 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
chc Operating Expenses Paid By Related Party
OperatingExpensesPaidByRelatedParty
41300 USD
chc Operating Expenses Paid By Related Party
OperatingExpensesPaidByRelatedParty
24652 USD
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
49973 USD
CY2021Q1 us-gaap Additional Paid In Capital
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CY2022Q1 dei Entity Common Stock Shares Outstanding
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CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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1429 USD
CY2021Q4 us-gaap Prepaid Expense Current
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CY2021Q1 us-gaap Prepaid Expense Current
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CY2021Q4 us-gaap Assets Current
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CY2021Q1 us-gaap Assets Current
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CY2021Q4 us-gaap Assets
Assets
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CY2021Q1 us-gaap Assets
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CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2021Q1 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2021Q4 us-gaap Due To Related Parties Current
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CY2021Q1 us-gaap Due To Related Parties Current
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CY2021Q4 us-gaap Liabilities Current
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CY2021Q1 us-gaap Liabilities Current
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100211 USD
CY2021Q4 us-gaap Liabilities
Liabilities
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CY2021Q1 us-gaap Liabilities
Liabilities
100211 USD
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-189744 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q1 us-gaap Stockholders Equity
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CY2021Q4 us-gaap Liabilities And Stockholders Equity
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us-gaap Operating Expenses
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us-gaap Operating Expenses
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CY2021Q4 us-gaap Net Income Loss
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CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
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us-gaap Net Income Loss
NetIncomeLoss
-43412 USD
CY2021Q4 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
129178 USD
CY2021Q1 us-gaap Liabilities And Stockholders Equity
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3929 USD
CY2020Q4 us-gaap General And Administrative Expense
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7818 USD
us-gaap General And Administrative Expense
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43412 USD
us-gaap General And Administrative Expense
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CY2021Q4 us-gaap Operating Expenses
OperatingExpenses
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CY2020Q4 us-gaap Operating Expenses
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7818 USD
CY2021Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
CY2020Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.00
CY2021Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7705000 shares
CY2020Q4 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7705000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7705000 shares
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
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-15100 USD
CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
-130561 USD
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-9133 USD
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q1 us-gaap Stockholders Equity
StockholdersEquity
-67562 USD
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
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CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-5792 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
-80101 USD
CY2020Q4 us-gaap Net Income Loss
NetIncomeLoss
-7818 USD
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
-87919 USD
us-gaap Net Income Loss
NetIncomeLoss
-43412 USD
us-gaap Net Income Loss
NetIncomeLoss
-20357 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2500 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-2500 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
40421 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
22385 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-491 USD
us-gaap Net Cash Provided By Used In Discontinued Operations
NetCashProvidedByUsedInDiscontinuedOperations
-472 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
500 USD
us-gaap Proceeds From Related Party Debt
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350 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
500 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
350 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
9 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-122 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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1429 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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1414 USD
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Interest Paid Net
InterestPaidNet
0 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD

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