2023 Q4 Form 10-Q Financial Statement

#000149315223046444 Filed on December 29, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $1.520K $10.96K
YoY Change -86.13% 40.69%
Cost Of Revenue $827.00 $4.027K
YoY Change -79.46% 29.9%
Gross Profit $693.00 $6.933K
YoY Change -90.0% 47.83%
Gross Profit Margin 45.59% 63.26%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $161.7K $161.7K
YoY Change 0.01% 0.0%
% of Gross Profit 23337.66% 2332.61%
Operating Expenses $473.5K $503.7K
YoY Change -6.0% -27.73%
Operating Profit -$472.8K -$496.8K
YoY Change -4.83% -28.24%
Interest Expense -$285.9K -$394.8K
YoY Change -27.58% -49.96%
% of Operating Profit
Other Income/Expense, Net -$293.4K -$106.6K
YoY Change 175.26% -87.18%
Pretax Income -$766.2K -$603.4K
YoY Change 26.98% -60.4%
Income Tax
% Of Pretax Income
Net Earnings -$766.2K -$603.4K
YoY Change 26.98% -60.4%
Net Earnings / Revenue -50405.92% -5505.11%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 -$3.928K
COMMON SHARES
Basic Shares Outstanding 318.8M shares 317.9M shares 152.5M shares
Diluted Shares Outstanding 1.351B shares 153.6M shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $0.00 $23.14K
YoY Change -100.0% 303.84%
Cash & Equivalents $0.00 $23.14K
Short-Term Investments
Other Short-Term Assets $35.50K $0.00
YoY Change -100.0%
Inventory
Prepaid Expenses
Receivables $944.00
Other Receivables $0.00
Total Short-Term Assets $35.50K $24.08K
YoY Change 47.42% -61.5%
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 $780.3K $1.427M
YoY Change -45.33% -31.19%
TOTAL ASSETS
Total Short-Term Assets $35.50K $24.08K
Total Long-Term Assets $780.3K $1.427M
Total Assets $815.8K $1.451M
YoY Change -43.79% -32.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.460M $865.8K
YoY Change 68.6% 14.97%
Accrued Expenses $9.277M $7.636M
YoY Change 21.49% 21.12%
Deferred Revenue
YoY Change
Short-Term Debt $7.057M $7.240M
YoY Change -2.53% 6.92%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.70M $20.98M
YoY Change 12.96% 3.46%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $79.83K $79.83K
YoY Change 0.0% 0.0%
Total Long-Term Liabilities $79.83K $79.83K
YoY Change 0.0% 0.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.70M $20.98M
Total Long-Term Liabilities $79.83K $79.83K
Total Liabilities $23.78M $21.06M
YoY Change 12.91% 3.45%
SHAREHOLDERS EQUITY
Retained Earnings -$66.60M -$62.00M
YoY Change 7.42%
Common Stock $27.94K $15.92K
YoY Change 75.48%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$22.96M -$19.61M
YoY Change
Total Liabilities & Shareholders Equity $815.8K $1.451M
YoY Change -43.79% -32.08%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$766.2K -$603.4K
YoY Change 26.98% -60.4%
Depreciation, Depletion And Amortization $161.7K $161.7K
YoY Change 0.01% 0.0%
Cash From Operating Activities -$65.36K -$123.9K
YoY Change -47.23% -26.89%
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 32.77K 147.0K
YoY Change -77.71% -11.76%
NET CHANGE
Cash From Operating Activities -65.36K -123.9K
Cash From Investing Activities
Cash From Financing Activities 32.77K 147.0K
Net Change In Cash -32.59K 23.14K
YoY Change -240.84% -923.49%
FREE CASH FLOW
Cash From Operating Activities -$65.36K -$123.9K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2023Q2 ENDV Shares Issued For Conversion Of Deferred Compensation Value
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CY2022Q1 ENDV Stock Issued During Period Value Connection With Promissory Notes
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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<p id="xdx_841_eus-gaap--UseOfEstimates_zcmqWvWdAtz6" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_866_zcT6S6Y9kHGc">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Critical estimates include the assessment of impairment of finite lived intangibles, the valuation of the derivative liability, the valuation of warrants and stock options, and the valuation of deferred income tax assets. Management uses its historical records and knowledge of its business in making these estimates. Actual results could differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify; text-indent: 0.5in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
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us-gaap Net Income Loss Attributable To Parent Diluted
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us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
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ENDV Weighted Average Number Of Diluted Shares Outstanding Gross
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CY2023Q3 ENDV Weighted Average Number Of Diluted Shares Outstanding Gross
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CY2023Q3 ENDV Common Stock And Common Stock Equivalents Used For Diluted Income Per Share
CommonStockAndCommonStockEquivalentsUsedForDilutedIncomePerShare
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CY2022Q3 ENDV Common Stock And Common Stock Equivalents Used For Diluted Income Per Share
CommonStockAndCommonStockEquivalentsUsedForDilutedIncomePerShare
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CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
0 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
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CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1520 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10960 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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us-gaap Stock Issued During Period Value Issued For Services
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
ShareBasedCompensation
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CY2023Q3 us-gaap Finite Lived Patents Gross
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4500000 usd
CY2022Q4 us-gaap Finite Lived Patents Gross
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4500000 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3719740 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
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CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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us-gaap Amortization Of Intangible Assets
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CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2023Q3 us-gaap Finite Lived Intangible Assets Net
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780260 usd
CY2022Q4 us-gaap Notes Payable
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7163832 usd
CY2021Q4 us-gaap Notes Payable
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7256930 usd
ENDV Notes Payable Issued
NotesPayableIssued
195000 usd
CY2022 ENDV Notes Payable Issued
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465000 usd
us-gaap Repayments Of Notes Payable
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40000 usd
CY2022 us-gaap Repayments Of Notes Payable
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ENDV Settlements On Note Payable
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CY2022 ENDV Settlements On Note Payable
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us-gaap Conversion Of Stock Amount Converted1
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100000 usd
CY2022 us-gaap Conversion Of Stock Amount Converted1
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CY2023Q3 us-gaap Notes Payable
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CY2022Q4 us-gaap Notes Payable
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CY2023Q3 us-gaap Debt Instrument Unamortized Discount
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CY2022Q4 us-gaap Debt Instrument Unamortized Discount
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CY2023Q3 us-gaap Notes And Loans Payable
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CY2022Q4 us-gaap Notes And Loans Payable
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CY2023Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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36000 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P2Y6M
CY2023Q3 ENDV Long Term Debt Past Maturity
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6875182 usd
CY2023Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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210000 usd
CY2023Q3 us-gaap Long Term Debt
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us-gaap Debt Conversion Original Debt Amount1
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us-gaap Debt Instrument Increase Accrued Interest
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us-gaap Debt Conversion Converted Instrument Shares Issued1
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us-gaap Repayments Of Debt
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CY2023Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
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ENDV Extension Fee Payable
ExtensionFeePayable
2500 usd
ENDV Notes Payable Issued
NotesPayableIssued
195000 usd
CY2023Q3 us-gaap Debt Instrument Face Amount
DebtInstrumentFaceAmount
1440000 usd
CY2023Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
338403 usd
us-gaap Debt Instrument Description
DebtInstrumentDescription
the Company to issue additional shares to ensure that the investor can realize a profit of 15% or 18% reselling the conversion shares.
CY2023Q3 ENDV Good Provision Value
GoodProvisionValue
250000 usd
ENDV Certain Fixed Percentage Of Cash Premium
CertainFixedPercentageOfCashPremium
certain fixed-rate notes include a prepayment provision, which entitles the holder to a 15% cash premium.
CY2022Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
124900 usd
us-gaap Debt Conversion Original Debt Amount1
DebtConversionOriginalDebtAmount1
214100 usd
us-gaap Debt Conversion Converted Instrument Shares Issued1
DebtConversionConvertedInstrumentSharesIssued1
16950000 shares
ENDV Certain Fixed Percentage Of Cash Premium
CertainFixedPercentageOfCashPremium
Certain fixed-rate notes include a prepayment provision, which entitles the holder to a 15% or 18% premium upon cash redemption by the Company.
CY2022Q3 ENDV Prepayment Penalty
PrepaymentPenalty
243000 usd
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
43800000 shares
us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
720562 usd
us-gaap Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
62250000 shares
CY2023Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
5902829 usd
CY2023Q3 us-gaap Financial Liabilities Fair Value Disclosure
FinancialLiabilitiesFairValueDisclosure
5902829 usd

Files In Submission

Name View Source Status
endv-20230930_lab.xml Edgar Link unprocessable
endv-20230930_pre.xml Edgar Link unprocessable
endv-20230930_def.xml Edgar Link unprocessable
endv-20230930_cal.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
0001493152-23-046444-index-headers.html Edgar Link pending
0001493152-23-046444-index.html Edgar Link pending
0001493152-23-046444.txt Edgar Link pending
0001493152-23-046444-xbrl.zip Edgar Link pending
endv-20230930.xsd Edgar Link pending
ex31-1.htm Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
form10-q.htm Edgar Link pending
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