2022 Q4 Form 10-Q Financial Statement
#000147793222008447 Filed on November 14, 2022
Income Statement
Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
---|---|---|---|
Revenue | $880.00 | $3.762K | $4.382K |
YoY Change | 16.9% | -42.31% | |
Cost Of Revenue | $7.050K | $2.480K | $1.472K |
YoY Change | -17.44% | -73.29% | |
Gross Profit | -$6.170K | $1.282K | $2.910K |
YoY Change | 499.07% | 39.64% | |
Gross Profit Margin | -701.14% | 34.08% | 66.41% |
Selling, General & Admin | -$174.2K | $153.5K | $143.6K |
YoY Change | 44.34% | 58.0% | |
% of Gross Profit | 11977.3% | 4933.71% | |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | -$57.14K | $120.3K | $124.5K |
YoY Change | 16.06% | 41.43% | |
Operating Profit | $50.97K | -$119.0K | -$121.6K |
YoY Change | 15.07% | 41.47% | |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | ||
YoY Change | |||
Pretax Income | -$153.7K | -$119.0K | -$121.6K |
YoY Change | 15.07% | 41.47% | |
Income Tax | $0.00 | $0.00 | |
% Of Pretax Income | |||
Net Earnings | -$153.7K | -$119.0K | -$121.6K |
YoY Change | 15.07% | 41.47% | |
Net Earnings / Revenue | -17465.91% | -3163.29% | -2774.33% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$0.01 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 37.10M shares | 37.10M shares | 37.10M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $105.1K | $1.540K | |
YoY Change | |||
Cash & Equivalents | $105.1K | $1.543K | $19.29K |
Short-Term Investments | |||
Other Short-Term Assets | $13.58K | ||
YoY Change | |||
Inventory | $113.2K | $113.1K | $93.86K |
Prepaid Expenses | |||
Receivables | $510.00 | ||
Other Receivables | |||
Total Short-Term Assets | $231.8K | $114.7K | |
YoY Change | |||
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 | $2.00 | |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $231.8K | $114.7K | |
Total Long-Term Assets | $0.00 | $2.00 | |
Total Assets | $231.8K | $114.7K | $113.7K |
YoY Change | 465.52% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | $3.170K | ||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $798.5K | $718.5K | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $826.9K | $718.5K | $598.5K |
YoY Change | 272.32% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $826.9K | $718.5K | $598.5K |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $826.9K | $718.5K | $598.5K |
YoY Change | 219.86% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$841.3K | -$687.6K | -$568.6K |
YoY Change | 179.26% | ||
Common Stock | $3.742K | $3.710K | $3.710K |
YoY Change | 0.86% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$595.1K | -$603.9K | -$484.9K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $231.8K | $114.7K | $113.7K |
YoY Change | 465.52% |
Cashflow Statement
Concept | 2022 Q4 | 2022 Q3 | 2022 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$153.7K | -$119.0K | -$121.6K |
YoY Change | 15.07% | 41.47% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$142.1K | -$468.0K | |
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | |
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | |
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 | 245.7K | 460.0K | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -142.1K | -468.0K | |
Cash From Investing Activities | 0.000 | 0.000 | |
Cash From Financing Activities | 245.7K | 460.0K | |
Net Change In Cash | 103.5K | -8.000K | |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$142.1K | -$468.0K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2021Q4 | us-gaap |
Cash
Cash
|
9543 | usd |
CY2022Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
37103394 | shares |
CY2022Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
74374 | usd |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
74374 | usd |
CY2022Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-687601 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-301261 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-603854 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-217514 | usd |
CY2022Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
114652 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
40992 | usd |
CY2022Q3 | us-gaap |
Revenues
Revenues
|
3762 | usd |
CY2021Q3 | us-gaap |
Revenues
Revenues
|
3218 | usd |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-217514 | usd |
CY2022Q3 | onesix |
Number Of Designated Class A Preferred Stock
NumberOfDesignatedClassAPreferredStock
|
60000000 | shares |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-09-30 | ||
dei |
Entity File Number
EntityFileNumber
|
000-53425 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
1606 Corp. | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | ||
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
86-1497346 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2425 E. Camelback Rd Suite 150 | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Phoenix | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
AZ | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
85016 | ||
dei |
City Area Code
CityAreaCode
|
602 | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
dei |
Local Phone Number
LocalPhoneNumber
|
481-1544 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
222084 | usd |
CY2022Q3 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
0 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Noncurrent
NotesPayableRelatedPartiesNoncurrent
|
36422 | usd |
CY2022Q3 | us-gaap |
Liabilities
Liabilities
|
718506 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
258506 | usd |
CY2022Q3 | onesix |
Undesignated Preferred Stock Value
UndesignatedPreferredStockValue
|
0 | usd |
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001877461 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
37103394 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
37103394 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2022Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
37103394 | shares |
CY2022Q3 | us-gaap |
Cash
Cash
|
1543 | usd |
CY2021Q4 | us-gaap |
Inventory Net
InventoryNet
|
31449 | usd |
CY2022Q3 | us-gaap |
Assets
Assets
|
114652 | usd |
CY2022Q3 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
655050 | usd |
CY2021Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
195050 | usd |
CY2022Q3 | onesix |
Long Term Note Payable To Related Party Current Portion
LongTermNotePayableToRelatedPartyCurrentPortion
|
63456 | usd |
CY2021Q4 | onesix |
Long Term Note Payable To Related Party Current Portion
LongTermNotePayableToRelatedPartyCurrentPortion
|
27034 | usd |
CY2022Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
718506 | usd |
CY2021Q4 | onesix |
Undesignated Preferred Stock Value
UndesignatedPreferredStockValue
|
0 | usd |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000000 | shares |
CY2022Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
3710 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
3710 | usd |
us-gaap |
Revenues
Revenues
|
13064 | usd | |
us-gaap |
Revenues
Revenues
|
26410 | usd | |
CY2022Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
2480 | usd |
CY2021Q3 | us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
3004 | usd |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
5716 | usd | |
us-gaap |
Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
|
20369 | usd | |
CY2022Q3 | us-gaap |
Gross Profit
GrossProfit
|
1282 | usd |
CY2021Q3 | us-gaap |
Gross Profit
GrossProfit
|
214 | usd |
us-gaap |
Gross Profit
GrossProfit
|
7348 | usd | |
us-gaap |
Gross Profit
GrossProfit
|
6041 | usd | |
CY2022Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
120285 | usd |
CY2021Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
103636 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
393688 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
210097 | usd | |
CY2022Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
120285 | usd |
CY2021Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
103636 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
393688 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
210097 | usd | |
CY2022Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-119003 | usd |
CY2021Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-103422 | usd |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-386340 | usd | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-204056 | usd | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd | |
CY2022Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-119003 | usd |
us-gaap |
Profit Loss
ProfitLoss
|
-204056 | usd | |
CY2021Q3 | onesix |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.00 | |
onesix |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.01 | ||
onesix |
Earnings Per Shares Basic And Diluted
EarningsPerSharesBasicAndDiluted
|
-0.01 | ||
CY2022Q3 | onesix |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
37103394 | shares |
CY2021Q3 | onesix |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
37089102 | shares |
onesix |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
37103394 | shares | |
onesix |
Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
|
37089102 | shares | |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-145766 | usd |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-363280 | usd |
CY2022Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-121571 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-484851 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-119003 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-603854 | usd |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
50347 | usd |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14701 | usd |
CY2021Q1 | onesix |
Transfers Contributions From Parent
TransfersContributionsFromParent
|
5648 | usd |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
41294 | usd |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-85933 | usd |
CY2021Q2 | onesix |
Issuance Of Note To Former Parent Singlepoint
IssuanceOfNoteToFormerParentSinglepoint
|
-41294 | usd |
CY2021Q2 | onesix |
Preferred Stock Distributed In Connection With Spinoff Amount
PreferredStockDistributedInConnectionWithSpinoffAmount
|
0 | usd |
CY2021Q2 | onesix |
Preferred Stock Canceled Amount
PreferredStockCanceledAmount
|
0 | usd |
CY2021Q2 | onesix |
Common Stock Distributed In Connection With Spinoff April72021 Amount
CommonStockDistributedInConnectionWithSpinoffApril72021Amount
|
0 | usd |
CY2021Q2 | onesix |
Common Stock Issued For Cash Amount
CommonStockIssuedForCashAmount
|
75000 | usd |
CY2021Q2 | onesix |
Common Stock Dtcc Correction Amount
CommonStockDtccCorrectionAmount
|
0 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10933 | usd |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-103422 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-114355 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
386340 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
204056 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-8747 | usd | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-468000 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-195309 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
0 | usd | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
0 | usd | |
us-gaap |
Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
|
33600 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
460000 | usd | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
100050 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | usd | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
75000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
460000 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
208650 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-8000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
13341 | usd | |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
9543 | usd |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1543 | usd |
onesix |
Note Payable To Related Party For Purchase Of Assets
NotePayableToRelatedPartyForPurchaseOfAssets
|
0 | usd | |
onesix |
Note Payable To Related Party For Purchase Of Assets
NotePayableToRelatedPartyForPurchaseOfAssets
|
63456 | usd | |
onesix |
Preferred Stock Issued In Connection With The Spin Off
PreferredStockIssuedInConnectionWithTheSpinOff
|
0 | usd | |
onesix |
Preferred Stock Issued In Connection With The Spin Off
PreferredStockIssuedInConnectionWithTheSpinOff
|
5900 | usd | |
onesix |
Preferred Stock Cancelled
PreferredStockCancelled
|
0 | usd | |
onesix |
Preferred Stock Cancelled
PreferredStockCancelled
|
-237 | usd | |
onesix |
Common Stock Issued In Connection With The Spin Off
CommonStockIssuedInConnectionWithTheSpinOff
|
0 | usd | |
onesix |
Common Stock Issued In Connection With The Spin Off
CommonStockIssuedInConnectionWithTheSpinOff
|
3695 | usd | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Accordingly, actual results may differ from those estimates.</p> | ||
CY2022Q3 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2021Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
0 | usd |
CY2022Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
37103394 | shares |
CY2022Q3 | us-gaap |
Common Stock Other Shares Outstanding
CommonStockOtherSharesOutstanding
|
36953394 | shares |
onesix |
Selling And Marketingpolicytextblock
SellingAndMarketingpolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Selling and Marketing costs are expensed as incurred and are reported under selling, general and marketing in the accompanying statements of operations. Such costs were $33,264 and $2,747 for the three months ended September 30, 2022, and 2021, respectively, and $98,942 and $5,770 for the nine months ended September 30, 2022 and 2021, respectively. </p> | ||
CY2022Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
33264 | usd |
CY2021Q3 | us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
2747 | usd |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
98942 | usd | |
us-gaap |
Selling And Marketing Expense
SellingAndMarketingExpense
|
5770 | usd | |
CY2021Q2 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
150000 | shares |
CY2022Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5000000000 | shares |
CY2022Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
us-gaap |
Common Stock Voting Rights
CommonStockVotingRights
|
The holders of Common Stock are entitled to one vote for each share held | ||
CY2022Q3 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
1.00 | |
us-gaap |
Preferred Stock Voting Rights
PreferredStockVotingRights
|
Each share of Class A Preferred Stock entitles the holder thereof to 50 votes on any matters requiring a shareholder vote of the Company. | ||
us-gaap |
Preferred Stock Conversion Basis
PreferredStockConversionBasis
|
Each share of our Class A Preferred Stock is convertible into Common Stock on a one-for-25 basis at the option of the holder. |