2023 Q3 Form 10-K Financial Statement

#000164033423001295 Filed on July 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q1 2023
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $18.60K $60.00K $150.0K
YoY Change -28.13% 239.17% 145.5%
% of Gross Profit
Research & Development $47.21K $50.00K $103.0K
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $65.80K $110.0K $249.2K
YoY Change 154.31% 521.82% 307.78%
Operating Profit -$65.80K -$249.2K
YoY Change 154.31% 307.78%
Interest Expense $106.3K -$30.00K $112.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$115.6K -$107.3K
YoY Change
Pretax Income -$181.4K -$140.0K -$356.5K
YoY Change 600.87% 691.41% 483.44%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$181.4K -$140.0K -$356.5K
YoY Change 601.01% 691.41% 483.44%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 60.00M shares 60.00M shares
Diluted Shares Outstanding 44.49M shares

Balance Sheet

Concept 2023 Q3 2023 Q1 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $12.33K $0.00 $0.00
YoY Change
Cash & Equivalents $12.33K $2.279K $0.00
Short-Term Investments
Other Short-Term Assets $12.50K
YoY Change 77.3%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $58.87K $8.292K $10.00K
YoY Change 735.57%
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 $258.0K $258.0K $260.0K
YoY Change
TOTAL ASSETS
Total Short-Term Assets $58.87K $8.292K $10.00K
Total Long-Term Assets $258.0K $258.0K $260.0K
Total Assets $316.9K $266.3K $270.0K
YoY Change 4397.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.69K $40.00K $40.00K
YoY Change 307.19% 98.02% 98.02%
Accrued Expenses $18.30K $10.00K $10.00K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $595.6K $290.0K $290.0K
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $733.6K $391.1K $390.0K
YoY Change 1020.15% 1677.28% 1672.73%
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 $733.6K $391.1K $390.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $733.6K $391.1K $390.0K
YoY Change 1020.15% 1677.28% 1672.73%
SHAREHOLDERS EQUITY
Retained Earnings -$891.5K -$563.9K
YoY Change 265.57% 171.85%
Common Stock $237.00 $600.00
YoY Change -40.75% 50.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$416.8K -$124.8K -$120.0K
YoY Change
Total Liabilities & Shareholders Equity $316.9K $266.3K $270.0K
YoY Change 4397.74%

Cashflow Statement

Concept 2023 Q3 2023 Q1 2023
OPERATING ACTIVITIES
Net Income -$181.4K -$140.0K -$356.5K
YoY Change 601.01% 691.41% 483.44%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$129.1K -$80.00K -$174.5K
YoY Change 5455.56% 8947.8%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities -$17.31K -$10.00K -$10.00K
YoY Change
Cash From Investing Activities -$17.31K -$10.00K -$6.000K
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 151.9K 50.00K $187.0K
YoY Change 37295.2%
NET CHANGE
Cash From Operating Activities -129.1K -80.00K -$174.5K
Cash From Investing Activities -17.31K -10.00K -$6.000K
Cash From Financing Activities 151.9K 50.00K $187.0K
Net Change In Cash 5.500K -40.00K $2.279K
YoY Change 2677.78% -259.48%
FREE CASH FLOW
Cash From Operating Activities -$129.1K -$80.00K -$174.5K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
36857 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
36857 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
36857 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
92143 usd
CY2023Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
258000 usd
CY2022Q4 caro Unaffiliatedpromissorynoteloan Receivableamount
UnaffiliatedpromissorynoteloanReceivableamount
15000 usd
CY2022Q4 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.08 pure
CY2023Q1 us-gaap Notes Receivable Net
NotesReceivableNet
6000 usd
CY2023Q1 us-gaap Interest Receivable
InterestReceivable
13 usd
CY2022Q4 caro Unaffiliated Party Promissory Note Principal Amount
UnaffiliatedPartyPromissoryNotePrincipalAmount
25000 usd
CY2022Q4 caro Promissory Note Bears Interest Rate
PromissoryNoteBearsInterestRate
0.08 pure
CY2023Q1 us-gaap Notes Payable
NotesPayable
25000 usd
CY2022Q1 us-gaap Notes Payable
NotesPayable
0 usd
CY2023Q1 caro Accrued Interest
AccruedInterest
948 usd
CY2022Q1 caro Accrued Interest
AccruedInterest
0 usd
CY2023Q1 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
266666 usd
CY2022Q1 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
0 usd
CY2023Q1 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
20000000 shares
CY2023Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
258000 usd
CY2023Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
53622 usd
CY2022Q1 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
1800 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
75000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
60000000 shares
CY2022Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
40000000 shares
CY2023Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
563910 usd
CY2022Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
207431 usd
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21 pure
CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
118421 usd
CY2022Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
43561 usd
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
118421 usd
CY2022Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
43561 usd
CY2023Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
564000 usd
CY2023 caro Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
begin to expire between 2036 and 2038
CY2023Q1 caro Ownership Percantage
OwnershipPercantage
0.50 pure

Files In Submission

Name View Source Status
0001640334-23-001295-index-headers.html Edgar Link pending
0001640334-23-001295-index.html Edgar Link pending
0001640334-23-001295.txt Edgar Link pending
0001640334-23-001295-xbrl.zip Edgar Link pending
caro-20230331.xsd Edgar Link pending
caro-20230331_cal.xml Edgar Link unprocessable
caro-20230331_def.xml Edgar Link unprocessable
caro-20230331_lab.xml Edgar Link unprocessable
caro_10k.htm Edgar Link pending
caro_ex311.htm Edgar Link pending
caro_ex321.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
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R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
caro-20230331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
caro_10k_htm.xml Edgar Link completed