2024 Q2 Form 10-K Financial Statement

#000164033424001032 Filed on July 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2024
Revenue $18.82K $60.00 $577.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $32.44K $43.79K $169.9K
YoY Change -35.12% -27.02% 13.27%
% of Gross Profit
Research & Development $0.00 $550.00 $130.3K
YoY Change -100.0% -98.9% 26.5%
% of Gross Profit
Depreciation & Amortization $9.210K $9.210K $9.210K
YoY Change
% of Gross Profit
Operating Expenses $41.65K $53.55K $309.4K
YoY Change -62.87% -51.32% 24.18%
Operating Profit -$22.83K -$308.8K
YoY Change -79.65% 23.95%
Interest Expense $24.64K -$42.02K $236.5K
YoY Change -36.32% 40.07% 111.21%
% of Operating Profit
Other Income/Expense, Net -$23.59K -$230.2K
YoY Change -30.74% 114.5%
Pretax Income -$46.43K -$95.52K -$539.0K
YoY Change -68.25% -31.77% 51.21%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$46.43K -$95.52K -$539.0K
YoY Change -68.25% -31.77% 51.21%
Net Earnings / Revenue -246.73% -159200.0% -93421.32%
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 -$0.01
COMMON SHARES
Basic Shares Outstanding 36.51M shares 36.51M shares
Diluted Shares Outstanding 36.51M shares 40.83M shares

Balance Sheet

Concept 2024 Q2 2024 Q1 2024
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.820K $20.79K $20.79K
YoY Change
Cash & Equivalents $5.815K $20.79K $20.79K
Short-Term Investments
Other Short-Term Assets $161.9K $162.0K $162.0K
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $219.7K $233.7K $233.7K
YoY Change 1407.14% 2718.57% 2237.2%
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 $239.6K $248.8K $248.8K
YoY Change -7.14% -3.57% -4.32%
TOTAL ASSETS
Total Short-Term Assets $219.7K $233.7K $233.7K
Total Long-Term Assets $239.6K $248.8K $248.8K
Total Assets $459.3K $482.5K $482.5K
YoY Change 68.51% 81.19% 78.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.06K $81.56K $81.56K
YoY Change -38.94% 103.9% 103.9%
Accrued Expenses $49.19K $37.88K $37.88K
YoY Change 391.9% 278.8% 278.8%
Deferred Revenue
YoY Change
Short-Term Debt $797.6K $764.2K $764.2K
YoY Change 109.89% 163.53% 163.53%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $970.5K $947.0K $947.0K
YoY Change 77.03% 142.17% 142.83%
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 $970.5K $947.0K $947.0K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $970.5K $947.0K $947.0K
YoY Change 77.03% 142.17% 142.83%
SHAREHOLDERS EQUITY
Retained Earnings -$1.149M -$1.103M
YoY Change 61.85% 95.59%
Common Stock $365.00 $365.00
YoY Change -39.17% -39.17%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$511.2K -$464.5K -$464.5K
YoY Change
Total Liabilities & Shareholders Equity $459.3K $482.5K $482.5K
YoY Change 68.51% 81.19% 78.7%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2024
OPERATING ACTIVITIES
Net Income -$46.43K -$95.52K -$539.0K
YoY Change -68.25% -31.77% 51.21%
Depreciation, Depletion And Amortization $9.210K $9.210K $9.210K
YoY Change
Cash From Operating Activities -$34.59K -$32.61K -$244.8K
YoY Change -20.92% -59.24% 40.27%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 -$1.900K -$42.95K
YoY Change -100.0% -81.0% 329.5%
Cash From Investing Activities $0.00 -$1.900K -$42.95K
YoY Change -100.0% -81.0% 615.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $20.00K 50.50K $309.7K
YoY Change -62.89% 1.0% 65.64%
NET CHANGE
Cash From Operating Activities -$34.59K -32.61K -$244.8K
Cash From Investing Activities $0.00 -1.900K -$42.95K
Cash From Financing Activities $20.00K 50.50K $309.7K
Net Change In Cash -$14.98K 15.99K $18.52K
YoY Change 1034.77% -139.97% 712.42%
FREE CASH FLOW
Cash From Operating Activities -$34.59K -$32.61K -$244.8K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
600000 shares
CY2023Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
30000 usd
CY2023Q3 caro Common Stock Cancelled
CommonStockCancelled
36865000 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
20000 shares
CY2023Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
1000 usd
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
200000 shares
CY2023Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
10000 usd
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
12550000 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
36505000 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
60000000 shares
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
1102951 usd
CY2023Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
563910 usd
CY2024 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21 pure
CY2023 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.21 pure
CY2024Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
231620 usd
CY2023Q1 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
118421 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
231620 usd
CY2023Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
118421 usd
CY2024Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2023Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2024Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
1100000 usd
CY2024 caro Operating Loss Carryforwards Expiration Year
OperatingLossCarryforwardsExpirationYear
begin to expire between 2036 and 2038
CY2024Q1 caro Ownership Percantage
OwnershipPercantage
0.50 pure

Files In Submission

Name View Source Status
0001640334-24-001032-index-headers.html Edgar Link pending
0001640334-24-001032-index.html Edgar Link pending
0001640334-24-001032.txt Edgar Link pending
0001640334-24-001032-xbrl.zip Edgar Link pending
caro-20240331.xsd Edgar Link pending
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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caro-20240331_cal.xml Edgar Link unprocessable
caro-20240331_pre.xml Edgar Link unprocessable
caro-20240331_def.xml Edgar Link unprocessable
caro-20240331_lab.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
caro_10k_htm.xml Edgar Link completed
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