2022 Q4 Form 10-Q Financial Statement

#000121390022070591 Filed on November 09, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022 Q3 2021 Q3
Revenue $0.00
YoY Change
Cost Of Revenue $0.00
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $223.0K $223.0K $485.0K
YoY Change 106.48% -54.02% 181.98%
% of Gross Profit
Research & Development $0.00 $11.00K
YoY Change -100.0%
% of Gross Profit
Depreciation & Amortization $0.00 $1.000K $1.000K
YoY Change -100.0% 0.0% 0.0%
% of Gross Profit
Operating Expenses $223.0K $11.00K $534.0K
YoY Change 108.41% -97.94% 210.47%
Operating Profit -$234.0K -$534.0K
YoY Change -56.18% 210.47%
Interest Expense $16.00K -$4.000K -$253.0K
YoY Change -90.75% -98.42% 360.0%
% of Operating Profit
Other Income/Expense, Net -$49.00K
YoY Change
Pretax Income -$207.0K -$238.0K -$787.0K
YoY Change -413.64% -69.76% 246.7%
Income Tax
% Of Pretax Income
Net Earnings -$207.0K -$238.0K -$787.0K
YoY Change -413.64% -69.76% 246.7%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.00 $0.00 -$14.57K
COMMON SHARES
Basic Shares Outstanding 54.22M shares 54.22M shares 54.02M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 Q3 2021 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $2.849M $3.010M $3.730M
YoY Change -19.97% -19.3% 1276.38%
Cash & Equivalents $2.849M $3.010M $3.730M
Short-Term Investments
Other Short-Term Assets $86.00K $36.00K $51.00K
YoY Change 115.0% -29.41% 96.15%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $2.935M $3.046M $3.781M
YoY Change -18.47% -19.44% 1173.06%
LONG-TERM ASSETS
Property, Plant & Equipment $42.00K $22.00K $10.00K
YoY Change 366.67% 120.0% -23.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $15.00K $15.00K
YoY Change
Total Long-Term Assets $57.00K $37.00K $10.00K
YoY Change 533.33% 270.0% -23.08%
TOTAL ASSETS
Total Short-Term Assets $2.935M $3.046M $3.781M
Total Long-Term Assets $57.00K $37.00K $10.00K
Total Assets $2.992M $3.083M $3.791M
YoY Change -17.1% -18.68% 1122.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $85.00K $87.00K $99.00K
YoY Change 13.33% -12.12% -65.86%
Accrued Expenses $176.0K $101.0K $97.00K
YoY Change 29.41% 4.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change -100.0%
Total Short-Term Liabilities $261.0K $188.0K $523.0K
YoY Change 23.7% -64.05% -59.58%
LONG-TERM LIABILITIES
Long-Term Debt $305.0K $303.0K $294.0K
YoY Change 2.69% 3.06% -54.35%
Other Long-Term Liabilities $0.00
YoY Change -100.0%
Total Long-Term Liabilities $305.0K $303.0K $294.0K
YoY Change 2.69% 3.06% -61.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $261.0K $188.0K $523.0K
Total Long-Term Liabilities $305.0K $303.0K $294.0K
Total Liabilities $566.0K $491.0K $817.0K
YoY Change 11.42% -39.9% -60.19%
SHAREHOLDERS EQUITY
Retained Earnings -$9.016M -$6.913M
YoY Change 49.79%
Common Stock $5.000K $5.000K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.426M $2.592M $2.974M
YoY Change
Total Liabilities & Shareholders Equity $2.992M $3.083M $3.791M
YoY Change -17.1% -18.68% 1122.9%

Cashflow Statement

Concept 2022 Q4 2022 Q3 2021 Q3
OPERATING ACTIVITIES
Net Income -$207.0K -$238.0K -$787.0K
YoY Change -413.64% -69.76% 246.7%
Depreciation, Depletion And Amortization $0.00 $1.000K $1.000K
YoY Change -100.0% 0.0% 0.0%
Cash From Operating Activities -$152.0K -$144.0K -$216.0K
YoY Change -10.59% -33.33% 44.0%
INVESTING ACTIVITIES
Capital Expenditures $20.00K $0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities -$5.000K $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 0.000 0.000 0.000
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -152.0K -144.0K -216.0K
Cash From Investing Activities -5.000K 0.000
Cash From Financing Activities 0.000 0.000 0.000
Net Change In Cash -157.0K -144.0K -216.0K
YoY Change -7.65% -33.33% 35.85%
FREE CASH FLOW
Cash From Operating Activities -$152.0K -$144.0K -$216.0K
Capital Expenditures $20.00K $0.00
Free Cash Flow -$172.0K -$144.0K
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q3 us-gaap Revenues
Revenues
usd
CY2022Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
usd
CY2021Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
usd
CY2021Q3 us-gaap Gross Profit
GrossProfit
usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
CY2022Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
usd
CY2021Q4 usdr Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRange
us-gaap Gross Profit
GrossProfit
usd
CY2022Q3 us-gaap Gross Profit
GrossProfit
usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
000-55504
dei Entity Registrant Name
EntityRegistrantName
UAS Drone Corp.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2022Q3 usdr Stockholders Loans Noncurrent
StockholdersLoansNoncurrent
303000 usd
CY2021Q4 usdr Stockholders Loans Noncurrent
StockholdersLoansNoncurrent
297000 usd
CY2022Q3 us-gaap Liabilities
Liabilities
491000 usd
CY2021Q4 us-gaap Liabilities
Liabilities
508000 usd
CY2022Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2021Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-3052410
dei Entity Address Address Line1
EntityAddressAddressLine1
10 HaRimon Street
dei Entity Address Address Line2
EntityAddressAddressLine2
Mevo Carmel Science and Industrial Park
dei Entity Address City Or Town
EntityAddressCityOrTown
Israel
dei Entity Address Country
EntityAddressCountry
IL
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
2069203
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
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
true
dei Entity Shell Company
EntityShellCompany
false
CY2022Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
54218813 shares
CY2022Q3 us-gaap Cash
Cash
3010000 usd
CY2021Q4 us-gaap Cash
Cash
3560000 usd
CY2022Q3 us-gaap Other Assets Current
OtherAssetsCurrent
36000 usd
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
40000 usd
CY2022Q3 us-gaap Assets Current
AssetsCurrent
3046000 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
3600000 usd
CY2022Q3 us-gaap Deferred Costs Leasing Net Noncurrent
DeferredCostsLeasingNetNoncurrent
15000 usd
CY2022Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
22000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9000 usd
CY2022Q3 us-gaap Assets
Assets
3083000 usd
CY2021Q4 us-gaap Assets
Assets
3609000 usd
CY2022Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
87000 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
75000 usd
CY2022Q3 usdr Other Accounts Liabilities Current
OtherAccountsLiabilitiesCurrent
101000 usd
CY2021Q4 usdr Other Accounts Liabilities Current
OtherAccountsLiabilitiesCurrent
136000 usd
CY2022Q3 us-gaap Liabilities Current
LiabilitiesCurrent
188000 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
211000 usd
CY2021Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2022Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54218813 shares
CY2022Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54218813 shares
CY2021Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
54018813 shares
CY2021Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
54018813 shares
CY2022Q3 us-gaap Common Stock Value
CommonStockValue
5000 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
5000 usd
CY2022Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
9500000 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
9115000 usd
CY2022Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6913000 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-6019000 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
2592000 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
3101000 usd
CY2022Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3083000 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3609000 usd
us-gaap Revenues
Revenues
500000 usd
us-gaap Gross Profit
GrossProfit
500000 usd
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
20000 usd
CY2022Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
11000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
881000 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
918000 usd
CY2022Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
223000 usd
CY2021Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
485000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
83000 usd
CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-49000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-901000 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-335000 usd
CY2022Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-234000 usd
CY2021Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-534000 usd
usdr Financing Incomeexpense Net
FinancingIncomeexpenseNet
7000 usd
usdr Financing Incomeexpense Net
FinancingIncomeexpenseNet
-619000 usd
CY2022Q3 usdr Financing Incomeexpense Net
FinancingIncomeexpenseNet
-4000 usd
CY2021Q3 usdr Financing Incomeexpense Net
FinancingIncomeexpenseNet
-253000 usd
us-gaap Net Income Loss
NetIncomeLoss
-894000 usd
us-gaap Net Income Loss
NetIncomeLoss
-954000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-238000 usd
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
-787000 usd
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54119912 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47592159 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54118813 shares
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
54018813 shares
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3101000 usd
CY2022Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
180000 usd
CY2022Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-369000 usd
CY2022Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2912000 usd
CY2022Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
143000 usd
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-287000 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2768000 usd
CY2022Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
62000 usd
CY2022Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-238000 usd
CY2022Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2592000 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1849000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
345000 usd
CY2021Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
38000 usd
CY2021Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
251000 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-1215000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
361000 usd
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4605000 usd
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
103000 usd
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-418000 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3436000 usd
CY2021Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
325000 usd
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-787000 usd
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2974000 usd
us-gaap Net Income Loss
NetIncomeLoss
-894000 usd
us-gaap Net Income Loss
NetIncomeLoss
-954000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2000 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
2000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
385000 usd
us-gaap Share Based Compensation
ShareBasedCompensation
466000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
6000 usd
us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
6000 usd
usdr Expenses With Respect To Changes In Fair Value Of Option Granted In Equity Financing
ExpensesWithRespectToChangesInFairValueOfOptionGrantedInEquityFinancing
-291000 usd
usdr Expenses With Respect To Change In Fair Value Of Option Granted In Equity Financing
ExpensesWithRespectToChangeInFairValueOfOptionGrantedInEquityFinancing
283000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-4000 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
31000 usd
us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
12000 usd
us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
-10000 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-35000 usd
us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
-117000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-520000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-64000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
15000 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
15000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-30000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4649000 usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
954000 usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
6000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
3689000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-550000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
3625000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3560000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
105000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3010000 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3730000 usd
us-gaap Interest Paid Net
InterestPaidNet
59000 usd
usdr Issuance Of Shares In Exchange For Convertible Loans
IssuanceOfSharesInExchangeForConvertibleLoans
706000 usd
us-gaap Stock Issued1
StockIssued1
44000 usd
CY2020Q2 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
0.0001
us-gaap Use Of Estimates
UseOfEstimates
<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"><b>Use of Estimates</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The preparation of unaudited condensed consolidated financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, certain revenues and expenses, and disclosure of contingent assets and liabilities as of the date of the financial statements. Actual results could differ from those estimates. As applicable to these financial statements, the most significant estimates and assumptions relate to share based compensation.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.75in; text-align: justify"> </p>
CY2022Q1 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
300000 shares
CY2022Q1 usdr Number Of Tranches
NumberOfTranches
three
CY2022Q1 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
100000 shares
CY2022Q3 us-gaap Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
100000 shares
usdr Share Based Compensation Expense
ShareBasedCompensationExpense
30000 usd
CY2021Q2 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
12500000 shares
CY2022Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P18M
CY2022Q3 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
0.4
CY2022Q3 us-gaap Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
29000 usd
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2426812 shares
CY2021Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.81
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2426812 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.81
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
1387092 shares
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0.95
CY2022Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingAggregateIntrinsicValue
92000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Period Increase Decrease Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingPeriodIncreaseDecreaseWeightedAverageExercisePrice
0.21
CY2022Q3 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
2426812 shares
us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y6M10D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
1387092 shares
CY2021Q4 us-gaap Share Based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Number Of Outstanding Options
ShareBasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeNumberOfOutstandingOptions
2426812 shares
CY2021 us-gaap Sharebased Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term2
SharebasedCompensationSharesAuthorizedUnderStockOptionPlansExercisePriceRangeOutstandingOptionsWeightedAverageRemainingContractualTerm2
P4Y9M10D
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
355000 usd
CY2022Q2 us-gaap Lessee Operating Lease Remaining Lease Term
LesseeOperatingLeaseRemainingLeaseTerm
P3Y
CY2022Q2 us-gaap Lessee Operating Lease Renewal Term
LesseeOperatingLeaseRenewalTerm
P2Y
us-gaap Lease Cost
LeaseCost
5200 usd
CY2022Q3 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.05 pure
CY2022Q3 us-gaap Other Commitment
OtherCommitment
15 usd
CY2022Q3 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.99 pure
usdr Directors Compensation
DirectorsCompensation
390000 usd
usdr Directors Compensation
DirectorsCompensation
420000 usd
CY2022Q3 usdr Directors Compensation
DirectorsCompensation
108000 usd
CY2021Q3 usdr Directors Compensation
DirectorsCompensation
198000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
126000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
186000 usd
CY2022Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
22000 usd
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
102000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
6000 usd
us-gaap Financing Interest Expense
FinancingInterestExpense
6000 usd
CY2022Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
2000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
usd
us-gaap Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
usd
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
usd
us-gaap Interest Paid Net
InterestPaidNet
usd
usdr Issuance Of Shares In Exchange For Convertible Loans
IssuanceOfSharesInExchangeForConvertibleLoans
usd
us-gaap Stock Issued1
StockIssued1
usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
usdr Share Based Compensation Arrangement By Share Based Payment Award Options Exercise In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExerciseInPeriod
shares
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
shares
CY2021Q3 us-gaap Financing Interest Expense
FinancingInterestExpense
2000 usd
CY2022Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
32000 usd
CY2021Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
30000 usd
CY2022Q3 us-gaap Due To Officers Or Stockholders Noncurrent
DueToOfficersOrStockholdersNoncurrent
281000 usd
CY2021Q4 us-gaap Due To Officers Or Stockholders Noncurrent
DueToOfficersOrStockholdersNoncurrent
276000 usd
CY2021Q1 usdr Description Of Board Of Directors
DescriptionOfBoardOfDirectors
the Board of Directors appointed Yossi Balucka to serve as its Chief Executive Officer. Mr. Balucka is entitled to a monthly fee of NIS30,000 (approximately $9,650), reimbursement of expenses and discretionary performance bonus. In conjunction with the appointment of Mr. Balucka, the Company issued to Mr. Balucka options to purchase 450,000 shares of the Company’s commons stock at an exercise price of $0.0001 per share, subject to and in accordance with the terms and conditions of an Option Plan.
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2021Q3 usdr Issuance Options To Purchase Shares
IssuanceOptionsToPurchaseShares
490000 shares
us-gaap Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
74000 usd
dei City Area Code
CityAreaCode
+972-4-
dei Local Phone Number
LocalPhoneNumber
8124101
CY2021Q4 us-gaap Deferred Costs Leasing Net Noncurrent
DeferredCostsLeasingNetNoncurrent
usd
us-gaap Revenues
Revenues
usd
CY2022Q3 us-gaap Revenues
Revenues
usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
usd
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
usd
CY2021Q3 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
usd
usdr Expenses With Respect To Changes In Fair Value Of Option Granted In Equity Financing
ExpensesWithRespectToChangesInFairValueOfOptionGrantedInEquityFinancing
usd
usdr Expenses With Respect To Change In Fair Value Of Option Granted In Equity Financing
ExpensesWithRespectToChangeInFairValueOfOptionGrantedInEquityFinancing
usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001638911

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001213900-22-070591-index-headers.html Edgar Link pending
0001213900-22-070591-index.html Edgar Link pending
0001213900-22-070591.txt Edgar Link pending
0001213900-22-070591-xbrl.zip Edgar Link pending
f10q0922ex31-1_uasdrone.htm Edgar Link pending
f10q0922ex31-2_uasdrone.htm Edgar Link pending
f10q0922ex32-1_uasdrone.htm Edgar Link pending
f10q0922ex32-2_uasdrone.htm Edgar Link pending
f10q0922_uasdrone.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
usdr-20220930.xsd Edgar Link pending
usdr-20220930_cal.xml Edgar Link unprocessable
usdr-20220930_def.xml Edgar Link unprocessable
usdr-20220930_lab.xml Edgar Link unprocessable
f10q0922_uasdrone_htm.xml Edgar Link completed
usdr-20220930_pre.xml Edgar Link unprocessable