2023 Q3 Form 10-K Financial Statement
#000121390023067158 Filed on August 14, 2023
Income Statement
Concept | 2023 Q3 | 2023 Q2 | 2023 |
---|---|---|---|
Revenue | $335.00 | $4.417K | |
YoY Change | -91.03% | -31.24% | |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $141.9K | $617.2K | |
YoY Change | -29.76% | ||
% of Gross Profit | |||
Research & Development | $6.914K | $161.9K | |
YoY Change | -1.95% | ||
% of Gross Profit | |||
Depreciation & Amortization | $15.48K | ||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $6.914K | $161.9K | |
YoY Change | -1.95% | ||
Operating Profit | -$148.8K | -$779.1K | |
YoY Change | -17.91% | -25.36% | |
Interest Expense | $2.041K | $8.273K | |
YoY Change | -4.49% | -18.75% | |
% of Operating Profit | |||
Other Income/Expense, Net | $10.16K | ||
YoY Change | |||
Pretax Income | -$150.5K | -$783.0K | |
YoY Change | -16.23% | -25.26% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$148.9K | -$766.1K | |
YoY Change | -16.44% | -17.62% | |
Net Earnings / Revenue | -44438.21% | -17343.4% | |
Basic Earnings Per Share | $0.00 | -$0.01 | |
Diluted Earnings Per Share | $0.00 | -$0.01 | |
COMMON SHARES | |||
Basic Shares Outstanding | 56.35M shares | 87.65M shares | |
Diluted Shares Outstanding | 5.363M shares | 87.65M shares |
Balance Sheet
Concept | 2023 Q3 | 2023 Q2 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $12.19K | $26.79K | |
YoY Change | -42.29% | ||
Cash & Equivalents | $12.19K | $26.96K | |
Short-Term Investments | |||
Other Short-Term Assets | $13.02K | $12.86K | |
YoY Change | -96.73% | ||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $25.20K | $39.65K | $39.65K |
YoY Change | -90.99% | -90.98% | -90.98% |
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 | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $25.20K | $39.65K | $39.65K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $25.20K | $39.65K | $39.65K |
YoY Change | -90.99% | -90.98% | -90.98% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $538.5K | $540.7K | |
YoY Change | 17.71% | ||
Accrued Expenses | $63.50K | $52.00K | $52.00K |
YoY Change | -0.42% | -20.87% | -20.86% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $80.96K | $82.82K | $196.2K |
YoY Change | 20.28% | ||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $1.142M | $1.101M | $1.101M |
YoY Change | 27.52% | 24.45% | 24.45% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.142M | $1.101M | $1.101M |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $1.142M | $1.101M | $1.143M |
YoY Change | 27.52% | 21.97% | 5242.52% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$6.176M | -$6.027M | |
YoY Change | 12.39% | 35.95% | |
Common Stock | $1.084M | $1.073M | |
YoY Change | 85.02% | 74.91% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$1.339M | -$1.284M | -$1.104M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $25.20K | $39.65K | $39.65K |
YoY Change | -90.99% | -90.98% | -90.98% |
Cashflow Statement
Concept | 2023 Q3 | 2023 Q2 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$148.9K | -$766.1K | |
YoY Change | -16.44% | -17.62% | |
Depreciation, Depletion And Amortization | $15.48K | ||
YoY Change | |||
Cash From Operating Activities | -$17.85K | -$435.4K | |
YoY Change | -88.54% | -31.12% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | $329.9K | ||
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $0.00 | ||
YoY Change | -100.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $40.02K | ||
YoY Change | -89.13% | ||
NET CHANGE | |||
Cash From Operating Activities | -$17.85K | -$435.4K | |
Cash From Investing Activities | $329.9K | ||
Cash From Financing Activities | $40.02K | ||
Net Change In Cash | -$14.77K | -$410.2K | |
YoY Change | -90.76% | 56.21% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$17.85K | -$435.4K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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usd | |
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true | |
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2023-04-30 | |
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--04-30 | |
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2023 | |
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001-39946 | |
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SENSASURE TECHNOLOGIES, INC. | |
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NV | |
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4730 S. Fort Apache Rd. | |
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Suite 300 | |
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Las Vegas | |
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NV | |
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89147 | |
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(347) | |
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325-4677 | |
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Common Stock, par value $0.01 per share | |
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SSTC | |
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Fruci & Associates II, PLLC | |
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Spokane, Washington | |
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|
131255 | usd |
CY2022 | us-gaap |
Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
|
148260 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-549 | usd |
CY2023 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
10146 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-3728 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
83310 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
196586 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
123596 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
174423 | usd |
CY2023 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
-16877 | usd |
CY2022 | us-gaap |
Increase Decrease In Due To Related Parties Current
IncreaseDecreaseInDueToRelatedPartiesCurrent
|
-196266 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-435375 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-632119 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
368200 | usd |
CY2023 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
45 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
39979 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
40024 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
368200 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-14868 | usd |
CY2022 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
1319 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-410219 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-262600 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
437177 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
699777 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26958 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
437177 | usd |
CY2020Q4 | sesu |
Description Of Share Exchange Agreement
DescriptionOfShareExchangeAgreement
|
the Company completed a reverse recapitalization via a share exchange agreement with Sensa Bues AB and the shareholders who owned 270,339 common shares that represented 72.82% of the total issued and outstanding common shares in Sensa Bues AB. Under the share exchange agreement, the shareholders of Sensa Bues AB, agreed to exchange their shares of Sensa Bues AB for common shares of SensaSure at an exchange ratio of approximate 1:49.99. Pursuant to the share exchange transactions (see share exchange agreement noted above), SensaSure issued a total of 13,515,183 common shares and the then-shareholders of Sensa Bues AB hold their ownership of Sensa Bues AB through SensaSure (Note 9 (b)). Upon completion of the share exchange transaction, SensaSure became the controlling shareholder that owned 74.82% the total issued and outstanding common shares in Sensa Bues AB and parent company of Sensa Bues AB (“Subsidiary”). | |
CY2023Q2 | sesu |
Common Stock Share Issued
CommonStockShareIssued
|
2200000 | shares |
CY2023 | sesu |
Common Shares Noncontrolling Interests
CommonSharesNoncontrollingInterests
|
440 | shares |
CY2023Q2 | sesu |
Working Capital Deficiency
WorkingCapitalDeficiency
|
1061593 | usd |
CY2022Q2 | sesu |
Working Capital Deficiency
WorkingCapitalDeficiency
|
445270 | usd |
CY2022Q2 | sesu |
Several Private Placements
SeveralPrivatePlacements
|
368200 | usd |
CY2021Q2 | sesu |
Several Private Placements
SeveralPrivatePlacements
|
893014 | usd |
CY2021Q1 | us-gaap |
Gas Imbalance Payable Current And Noncurrent
GasImbalancePayableCurrentAndNoncurrent
|
333744 | usd |
CY2021Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
326337 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 24px; text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">(d)</span></td> <td style="text-align: justify; font-size: 10pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Critical management judgment and use of estimates</b></span></td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the 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. Areas involving significant estimates and assumptions include: deferred income tax assets and related valuation allowance, accruals, stock options, principles of consolidation and reverse recapitalization and assumptions used in the going concern assessment. Actual results could differ from those estimates. These estimates are reviewed periodically, and, as adjustments become necessary, they are reported in earnings in the period in which they become known.</p> | |
CY2021 | sesu |
Proceeds Net
ProceedsNet
|
793000 | usd |
CY2021 | sesu |
Proceed From Issuance Of Common Stock
ProceedFromIssuanceOfCommonStock
|
12200000 | shares |
CY2021 | sesu |
Issued Of Common Shares
IssuedOfCommonShares
|
11780000 | shares |
CY2023Q2 | sesu |
Proceeds Received In Common Stock
ProceedsReceivedInCommonStock
|
117800 | usd |
CY2023Q2 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
647900 | usd |
CY2021Q2 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
27300 | usd |
CY2023 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
420000 | shares |
CY2022 | sesu |
Subscription Proceeds Received
SubscriptionProceedsReceived
|
420000 | shares |
CY2023Q2 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
53868 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Current And Noncurrent
AccountsPayableCurrentAndNoncurrent
|
52178 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
52000 | usd |
CY2022Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
65714 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
105868 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
117892 | usd |
CY2023Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
28550 | usd |
CY2023Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
293000 | sek |
CY2022Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
29811 | usd |
CY2022Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
293000 | sek |
CY2023Q2 | us-gaap |
Derivative Fixed Interest Rate
DerivativeFixedInterestRate
|
0.20 | pure |
CY2023 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
5611 | usd |
CY2022 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
6580 | usd |
CY2023 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
881 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
1214 | usd |
CY2023Q2 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
39979 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
|
0.2089 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Prior Year Income Taxes
EffectiveIncomeTaxRateReconciliationPriorYearIncomeTaxes
|
0.248 | pure |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-782953 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Before Interest Expense Interest Income Income Taxes Extraordinary Items Noncontrolling Interests Net
IncomeLossFromContinuingOperationsBeforeInterestExpenseInterestIncomeIncomeTaxesExtraordinaryItemsNoncontrollingInterestsNet
|
-1047609 | usd |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.2089 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.248 | pure |
CY2023 | sesu |
Income Tax Recoverable
IncomeTaxRecoverable
|
-163583 | usd |
CY2022 | sesu |
Income Tax Recoverable
IncomeTaxRecoverable
|
-259848 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
35216 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
66212 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
31737 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
|
46991 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
96630 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
146645 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
940687 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
812320 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
940687 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
812320 | usd |
CY2023 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
4429715 | usd |
CY2022 | us-gaap |
State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
|
3814457 | usd |
CY2021Q1 | sesu |
Aggregated Shares
AggregatedShares
|
3400 | shares |
CY2021Q1 | sesu |
Number Of Common Shares
NumberOfCommonShares
|
50 | shares |
CY2023Q2 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
29232 | usd |
CY2022Q2 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
30523 | usd |
CY2023Q2 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
300000 | sek |
CY2022Q2 | us-gaap |
Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
|
300000 | sek |
CY2023 | sesu |
Unsecured Bearing Interest
UnsecuredBearingInterest
|
0.02 | pure |
CY2022Q2 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
407163 | usd |
CY2021Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
333744 | usd |
CY2021Q1 | us-gaap |
Professional And Contract Services Expense
ProfessionalAndContractServicesExpense
|
798280 | sek |
CY2022Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
17935 | usd |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
250000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
56349183 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
105723183 | shares |
CY2021 | us-gaap |
Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
|
99643 | usd |
CY2021 | sesu |
Common Shares To Noncontrolling Interests
CommonSharesToNoncontrollingInterests
|
10000 | shares |
CY2021Q2 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
499935 | shares |
CY2023 | us-gaap |
Proceeds From Customers
ProceedsFromCustomers
|
4999 | usd |
CY2023Q2 | us-gaap |
Common Stocks Including Additional Paid In Capital Net Of Discount
CommonStocksIncludingAdditionalPaidInCapitalNetOfDiscount
|
94644 | usd |
CY2020Q4 | sesu |
Owned Common Shares
OwnedCommonShares
|
270339 | shares |
CY2020Q4 | sesu |
Owned Common Shares Percentage
OwnedCommonSharesPercentage
|
0.7282 | pure |
CY2020Q4 | us-gaap |
Stockholders Equity Note Changes In Capital Structure Subsequent Changes To Number Of Common Shares
StockholdersEquityNoteChangesInCapitalStructureSubsequentChangesToNumberOfCommonShares
|
13515183 | shares |
CY2020Q4 | us-gaap |
Accelerated Share Repurchases Cash Or Stock Settlement
AcceleratedShareRepurchasesCashOrStockSettlement
|
Shareholders agreed that from the Effective Date of share exchange agreement the Shareholders shall have up to 243,402 shares to sell when a trading market begins on the OTC Markets. Eighteen (18) months after the initial listing date of the shares on the NASDAQ Market, the Shareholder shall have 1,914,704 shares available to sell. Twenty-four (24) months after the initial listing date of the shares on the NASDAQ Market, the Shareholders shall have 5,744,109 shares available to sell. | |
CY2021 | us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
793000 | usd |
CY2021 | us-gaap |
Restricted Stock Shares Issued Net Of Shares For Tax Withholdings
RestrictedStockSharesIssuedNetOfSharesForTaxWithholdings
|
12200000 | shares |
CY2021 | us-gaap |
Stockholders Equity Note Changes In Capital Structure Subsequent Changes To Number Of Common Shares
StockholdersEquityNoteChangesInCapitalStructureSubsequentChangesToNumberOfCommonShares
|
11780000 | shares |
CY2021 | sesu |
Agreement Description
AgreementDescription
|
The proceeds received was reflected as an increase in common stock in amount of $117,800 and additional paid-in capital in amount of $647,900 respectively. The Company recognized a subscription receivable in amount of $27,300 as well as shares to be issued at April 30, 2021. The number of shares to be issued was 420,000. The Company received the subscription proceeds subsequently to year end and issued 420,000 common shares accordingly (Note 4). The subscribers entered into lock up agreement pursuant to which (1) The Shareholders shall 1,715,800 of the shares subscribed to sell when a trading market begins on the OTC Markets; (ii) The Shareholders shall have 5,346,000 of their remaining shares available to sell Six (6) months after the initial listing date of the shares on the NASDAQ Market; (iii) The Shareholders shall have their remaining shares for trading Eighteen (18) months after the initial listing date of the shares on the NASDAQ Market; and (iv) In the event the stock does not begin trading on the NASDAQ Market within a period of Thirty-Six (36) months after the execution of the Share Exchange Agreement, the Shareholders shall have up to Thirty Percent (30%) of their remaining shares available to sell after the initial listing date of the shares on the OTC Market. The balance of the Shareholder’s shares shall be available for trading Sixty (60) months after the initial listing date of the shares on the OTC Market (the “Lock Up Period”). | |
CY2023Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
1650000 | shares |
CY2022 | sesu |
Shares Available Description
SharesAvailableDescription
|
After the revision, the shareholders shall have 10,898,736 shares available to sell upon a trading market begins on OTC Market, 7,738,000 shares available to sell upon six months after a trading market begins on OTC Market, 4,750,000 shares available to sell upon initial listing date on the Nasdaq Market, 6,280,000 shares available to sell upon six months after initial listing date on the Nasdaq Market, 800,000 shares available to sell upon twelve months after initial listing date on the Nasdaq Market, 3,838,213 shares available to sell upon eighteen months after the initial listing date on Nasdaq Market, 6,620,863 shares available to sell upon twenty four months after the initial listing date on Nasdaq Market and the balance of the shareholders’ shares will be available to sell upon sixty months after the initial listing date on Nasdaq Market. | |
CY2023Q2 | sesu |
Fair Value Of Shares Issued Amount
FairValueOfSharesIssuedAmount
|
502614 | usd |
CY2022 | sesu |
Unvested Shares
UnvestedShares
|
7931000 | shares |
CY2022Q4 | sesu |
Unvested Shares
UnvestedShares
|
8587000 | shares |
CY2023 | us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
36440 | usd |
CY2023 | us-gaap |
Other Expense From Real Estate Partnership Operations
OtherExpenseFromRealEstatePartnershipOperations
|
15950 | usd |
CY2023Q2 | us-gaap |
Common Stocks Including Additional Paid In Capital
CommonStocksIncludingAdditionalPaidInCapital
|
20490 | usd |
CY2021 | us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
24371 | shares |
CY2021 | us-gaap |
Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
|
360795 | usd |
CY2022Q2 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
21637000 | shares |
CY2022Q1 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
216370 | usd |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
|
27950000 | shares |
CY2023Q2 | sesu |
Common Shares
CommonShares
|
50 | shares |
CY2021Q2 | us-gaap |
Common Stock Share Subscribed But Unissued Subscriptions Receivable
CommonStockShareSubscribedButUnissuedSubscriptionsReceivable
|
27300 | usd |
CY2023 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
420000 | shares |
CY2022Q2 | sesu |
Proceeds Received From Common Stock Issued
ProceedsReceivedFromCommonStockIssued
|
420000 | shares |
CY2022 | us-gaap |
Payments For Repurchase Of Private Placement
PaymentsForRepurchaseOfPrivatePlacement
|
340900 | usd |
CY2022 | us-gaap |
Accelerated Share Repurchases Initial Price Paid Per Share
AcceleratedShareRepurchasesInitialPricePaidPerShare
|
0.07 | |
CY2022 | sesu |
Agreement Description
AgreementDescription
|
The proceeds received was reflected as an increase in common stock in amount of $48,700 and additional paid-in capital in amount of $292,200 respectively. The subscribers entered into lock up agreement and the shareholders shall have 502,584 shares available to sell upon a trading market begins on OTC Market, 356,484 shares available to sell upon six months after a trading market begins on OTC Market, 218,663 shares available to sell upon initial listing date on the Nasdaq Market, 289,278 shares available to sell upon six months after initial listing date on the Nasdaq Market, 37,012 shares available to sell upon twelve months after initial listing date on the Nasdaq Market, 176,781 shares available to sell upon eighteen months after the initial listing date on Nasdaq Market, 304,862 shares available to sell upon twenty four months after the initial listing date on Nasdaq Market and the balance of the shareholders’ shares will be available to sell upon sixty months after the initial listing date on Nasdaq Market. | |
CY2022 | us-gaap |
Common Stock Conversion Basis
CommonStockConversionBasis
|
During the year ended April 30, 2022, the Company approved the issuance of 2,118,000 shares of the common stock to several consultants and directors. The fair value of the share-based compensation was in the amount of $148,260 and was included in the general and admirative expenses as well as a credit made in common stock in amount of 21,180 and additional paid-in capital in amount of 127,080 respectively. The fair value of the shares of common stock issued was determined by using the most recent private placement price at $0.07 per share. One of the consultants is a related party individual and the share awards was 2,100,000 common shares with an amount of 147,000.During the year ended April 30, 2022, SensaSure issued 3,080,000 common stock to a consultant of the Company for services to be provided in future including completion of certain financing projects and regulatory services. The fair value of the shares of common stock issued was determined by using the most recent private placement price at $0.07 per share. At April 30, 2022 and 2023, none of these services were rendered. Accordingly, the Company has not recognized any share based compensation expense during the year. | |
CY2023Q2 | us-gaap |
Excess Stock Shares Issued
ExcessStockSharesIssued
|
54000 | shares |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3780 | usd |
CY2022Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Shares Issued
DeferredCompensationArrangementWithIndividualSharesIssued
|
750000 | shares |
CY2022Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
DeferredCompensationArrangementWithIndividualCommonStockReservedForFutureIssuance
|
750000 | shares |
CY2022Q1 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
11975 | usd |
CY2022Q3 | sesu |
Common Share
CommonShare
|
2200000 | shares |
CY2022Q3 | us-gaap |
Asset Acquisition Consideration Transferred
AssetAcquisitionConsiderationTransferred
|
225641 | usd |
CY2023Q1 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
8800000 | shares |
CY2022Q2 | sesu |
Common Stock Value1
CommonStockValue1
|
usd | |
CY2023Q1 | us-gaap |
Employee Benefits And Share Based Compensation
EmployeeBenefitsAndShareBasedCompensation
|
115500 | usd |
CY2023Q1 | us-gaap |
Deferred Compensation Arrangement With Individual Fair Value Of Shares Issued
DeferredCompensationArrangementWithIndividualFairValueOfSharesIssued
|
16500 | usd |
CY2023Q1 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
0.07 | |
CY2021Q2 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
22000000 | shares |
CY2023 | us-gaap |
Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
|
35500 | usd |
CY2023Q2 | sesu |
Common Shareholders Of The Company Percentage
CommonShareholdersOfTheCompanyPercentage
|
0.9353 | pure |
CY2022Q2 | sesu |
Common Shareholders Of The Company Percentage
CommonShareholdersOfTheCompanyPercentage
|
0.74 | pure |
CY2023Q2 | sesu |
Noncontrolling Interests Percentage
NoncontrollingInterestsPercentage
|
0.0647 | pure |
CY2022Q2 | sesu |
Noncontrolling Interests Percentage
NoncontrollingInterestsPercentage
|
0.26 | pure |
CY2023 | sesu |
Net Loss Of Sensa Bues Ab Attributableto The Companys
NetLossOfSensaBuesABAttributabletoTheCompanys
|
-195634 | usd |
CY2022 | sesu |
Net Loss Of Sensa Bues Ab Attributableto The Companys
NetLossOfSensaBuesABAttributabletoTheCompanys
|
-334818 | usd |
CY2023 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
883768 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-1079402 | usd |
CY2022 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-334818 | usd |
CY2023Q1 | us-gaap |
Retained Earnings Appropriated
RetainedEarningsAppropriated
|
59804 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Appropriated
RetainedEarningsAppropriated
|
108102 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity Note Subscriptions Receivable
StockholdersEquityNoteSubscriptionsReceivable
|
usd | |
CY2023Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
usd | |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q2 | sesu |
Preferred Stock Value1
PreferredStockValue1
|
usd | |
CY2022Q2 | sesu |
Preferred Stock Value1
PreferredStockValue1
|
usd | |
CY2022Q2 | us-gaap |
Shares Issued
SharesIssued
|
shares | |
CY2022 | sesu |
Issuance Of Shares Pursuant To Private Placementin Shares
IssuanceOfSharesPursuantToPrivatePlacementinShares
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
usd | |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
usd | |
CY2023 | us-gaap |
Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
|
usd | |
CY2023 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
usd | |
CY2023 | sesu |
Effect Of Dilution Of Ownership In Subsidiary Pursuant To Issuance Of Shares
EffectOfDilutionOfOwnershipInSubsidiaryPursuantToIssuanceOfShares
|
usd | |
CY2023 | us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
usd | |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
usd | |
CY2022 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
usd | |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
usd | |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | |
CY2022Q2 | us-gaap |
Debt Default Longterm Debt Amount
DebtDefaultLongtermDebtAmount
|
usd | |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2023 | us-gaap |
Related Party Tax Expense Due To Affiliates Deferred
RelatedPartyTaxExpenseDueToAffiliatesDeferred
|
usd | |
CY2022 | us-gaap |
Related Party Tax Expense Due To Affiliates Deferred
RelatedPartyTaxExpenseDueToAffiliatesDeferred
|
usd | |
CY2023 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
usd | |
CY2022 | us-gaap |
Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
|
usd | |
CY2023Q2 | us-gaap |
Other Long Term Debt
OtherLongTermDebt
|
usd | |
CY2023Q2 | us-gaap |
Other Minority Interests
OtherMinorityInterests
|
usd | |
CY2022Q2 | us-gaap |
Other Minority Interests
OtherMinorityInterests
|
usd | |
CY2022 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
usd | |
CY2021Q2 | us-gaap |
Option Contract Indexed To Equity Settlement Cash Effect Of Change In Fair Value Of Share
OptionContractIndexedToEquitySettlementCashEffectOfChangeInFairValueOfShare
|
usd | |
CY2023 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2023 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2023 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001885336 | |
CY2022Q4 | dei |
Entity Public Float
EntityPublicFloat
|
0 | usd |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
105723183 | shares |