2022 Q3 Form 10-K Financial Statement
#000155335022000798 Filed on September 28, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $163.9K | $150.7K | |
YoY Change | 178.05% | -0.44% | |
Operating Profit | |||
YoY Change | |||
Interest Expense | $150.00 | ||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$1.183K | ||
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$163.9K | -$151.9K | |
YoY Change | 178.05% | 0.34% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 124.4M shares | 54.03M shares | |
Diluted Shares Outstanding | 124.6M shares | 54.03M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $0.00 | $0.00 | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $882.00 | $206.00 | |
YoY Change | -97.2% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $115.0K | ||
YoY Change | 0.0% | ||
Total Long-Term Assets | $39.18K | $154.2K | |
YoY Change | 0.0% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $882.00 | $206.00 | |
Total Long-Term Assets | $39.18K | $154.2K | |
Total Assets | $40.06K | $154.4K | |
YoY Change | -4.42% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | |||
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $92.64K | $86.69K | |
YoY Change | -65.12% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $92.64K | $86.69K | |
Total Long-Term Liabilities | |||
Total Liabilities | |||
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$9.583M | -$9.419M | |
YoY Change | 1.64% | ||
Common Stock | $124.9K | $124.4K | |
YoY Change | 2274.64% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$52.58K | $67.70K | |
YoY Change | |||
Total Liabilities & Shareholders Equity | $40.06K | $154.4K | |
YoY Change | -4.42% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$163.9K | -$151.9K | |
YoY Change | 178.05% | 0.34% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$38.32K | -$163.0K | |
YoY Change | -32.88% | 13.27% | |
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 | $81.35K | ||
YoY Change | -45.21% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $38.99K | $155.9K | |
YoY Change | -27.57% | -1.58% | |
NET CHANGE | |||
Cash From Operating Activities | -$38.32K | -$163.0K | |
Cash From Investing Activities | |||
Cash From Financing Activities | $38.99K | $155.9K | |
Net Change In Cash | $676.00 | -$7.144K | |
YoY Change | -201.22% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$38.32K | -$163.0K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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GHST World Inc. | |
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Net Cash Provided By Used In Operating Activities
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Concentration Risk Credit Risk
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<p id="xdx_842_eus-gaap--ConcentrationRiskCreditRisk_z3HpBf7G8lca" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><span id="xdx_864_zWHfRkVzZct9">Concentration of Credit Risk</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The Company’s financial instruments that are exposed to concentrations of credit risk primarily consist of its cash. The Company places its cash with financial institutions of high credit worthiness. At times, its cash with a particular financial institution may exceed any applicable government insurance limits. The Company’s management plans to assess the financial strength and credit worthiness of any parties to which it is a credit counterparty, and as such, it believes that any associated credit risk exposures are limited.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"> </p> | |
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Use Of Estimates
UseOfEstimates
|
<p id="xdx_847_eus-gaap--UseOfEstimates_ziCkLWZVNIOk" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><b><span id="xdx_860_zg2FmSDz8Fq5">Use of Estimates</span></b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">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 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.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Such estimates and assumptions impact, among others, the following: the fair value of share-based payments and deferred taxes.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statements, which management considered in formulating its estimate could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 1.4pt 0"><b> </b></p> | |
CY2022Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
0 | usd |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
0 | usd |
CY2021Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
16241 | usd |
CY2022Q2 | GHST |
Common Stock Payable Related Parties
CommonStockPayableRelatedParties
|
9558 | usd |
CY2022 | us-gaap |
Fair Value Asset Liability Recurring Basis Still Held Unrealized Gain Loss
FairValueAssetLiabilityRecurringBasisStillHeldUnrealizedGainLoss
|
0 | usd |
CY2021 | us-gaap |
Fair Value Asset Liability Recurring Basis Still Held Unrealized Gain Loss
FairValueAssetLiabilityRecurringBasisStillHeldUnrealizedGainLoss
|
0 | usd |
CY2022 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2021 | us-gaap |
Goodwill Impairment Loss
GoodwillImpairmentLoss
|
0 | usd |
CY2022 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
0 | usd |
CY2021 | us-gaap |
Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
|
7395 | usd |
CY2022Q2 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
39181 | usd |
CY2021Q2 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
39181 | usd |
CY2022Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
152000 | usd |
CY2021Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
151000 | usd |
CY2022Q2 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
39181 | usd |
CY2021Q2 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
39181 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
CY2021 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
CY2021Q3 | us-gaap |
Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
|
1-for-100 reverse stock split | |
CY2022Q2 | GHST |
Common Stock Received
CommonStockReceived
|
9559 | usd |
CY2021Q2 | GHST |
Common Stock Received
CommonStockReceived
|
217784 | usd |
CY2018Q2 | GHST |
Common Stock Payable Shares
CommonStockPayableShares
|
2000000 | shares |
CY2018Q2 | GHST |
Common Stock Payable Per Share Value
CommonStockPayablePerShareValue
|
0.001 | |
CY2018Q2 | GHST |
Common Stock Payable Value
CommonStockPayableValue
|
2000 | usd |
CY2022Q2 | GHST |
Common Stock Payable Per Share Value
CommonStockPayablePerShareValue
|
0.00185 | |
CY2022Q2 | GHST |
Common Stock Payable Value
CommonStockPayableValue
|
3700 | usd |
CY2022 | us-gaap |
Fair Value Option Changes In Fair Value Gain Loss1
FairValueOptionChangesInFairValueGainLoss1
|
-1700 | usd |
CY2022Q2 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
75446 | usd |
CY2021Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
310000000 | shares |
CY2021Q3 | us-gaap |
Common Stock Capital Shares Reserved For Future Issuance
CommonStockCapitalSharesReservedForFutureIssuance
|
300000000 | shares |
CY2021Q3 | us-gaap |
Preferred Stock Capital Shares Reserved For Future Issuance
PreferredStockCapitalSharesReservedForFutureIssuance
|
10000000 | shares |
CY2022 | us-gaap |
Stockholders Equity Note Stock Split
StockholdersEquityNoteStockSplit
|
100-1 reverse stock split | |
CY2022 | us-gaap |
Stock Issued During Period Shares Other
StockIssuedDuringPeriodSharesOther
|
118663761 | shares |
CY2022Q2 | us-gaap |
Share Price
SharePrice
|
0.0019 | |
CY2022 | us-gaap |
Debt Conversion Converted Instrument Amount1
DebtConversionConvertedInstrumentAmount1
|
225259 | usd |
CY2022 | GHST |
Sale Of Stock Number Of Share Issued In Transaction
SaleOfStockNumberOfShareIssuedInTransaction
|
526941 | shares |
CY2022 | GHST |
Shares To Exchange Value
SharesToExchangeValue
|
81345 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-9418947 | usd |
CY2022 | GHST |
Operating Loss Description
OperatingLossDescription
|
the Company has operating loss carryforwards of approximately $2.8 million from tax years beginning before January 1, 2021, that begin to expire in 2027. These operating losses are subject to the limitations which were enacted in the Tax Cuts and Jobs Act (“TCJA”). | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
2800000 | usd |
CY2022Q2 | us-gaap |
Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
|
700000 | usd |