2023 Q3 Form 10-Q Financial Statement

#000126246323000098 Filed on September 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q3 2023 Q2 2022 Q4
Revenue $0.00 $0.00
YoY Change -100.0%
Cost Of Revenue $0.00 $0.00
YoY Change
Gross Profit $0.00 $0.00
YoY Change -100.0%
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 $460.8K $291.5K
YoY Change 18.83%
Operating Profit -$459.8K -$297.8K
YoY Change 24.09%
Interest Expense $7.227K
YoY Change 55.65%
% of Operating Profit
Other Income/Expense, Net $996.00 -$6.330K
YoY Change 3730.77%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$459.8K -$297.8K
YoY Change 24.09%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 191.6M shares 408.2M shares
Diluted Shares Outstanding 191.6M shares 408.2M shares

Balance Sheet

Concept 2023 Q3 2023 Q2 2022 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $1.227M $13.22K $51.11K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.283M $107.5K
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $378.3K $0.00
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $29.25K $0.00
YoY Change
Total Long-Term Assets $487.9K $6.800K
YoY Change
TOTAL ASSETS
Total Short-Term Assets $1.283M $107.5K
Total Long-Term Assets $487.9K $6.800K
Total Assets $1.771M $114.3K
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $925.00 $0.00
YoY Change
Accrued Expenses $34.34K $14.73K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $884.9K $634.7K
YoY Change
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 $884.9K $634.7K
Total Long-Term Liabilities
Total Liabilities $1.475M $1.225M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$41.13M -$40.17M
YoY Change
Common Stock $41.42M $39.06M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $296.1K -$1.226M -$1.110M
YoY Change
Total Liabilities & Shareholders Equity $1.771M $114.3K
YoY Change

Cashflow Statement

Concept 2023 Q3 2023 Q2 2022 Q4
OPERATING ACTIVITIES
Net Income -$459.8K -$297.8K
YoY Change 24.09%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
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
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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ProceedsFromConvertibleDebt
0 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
590000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
15000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
37183 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2073152 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1072827 usd
us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
-0 usd
us-gaap Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
10 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
1175587 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
243812 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51109 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
1226696 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
243812 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Interest Paid Net
InterestPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
hnoi Series Preferred Stock Issued Pursuant To Patent Agreement
SeriesPreferredStockIssuedPursuantToPatentAgreement
82500 usd
hnoi Series Preferred Stock Issued Pursuant To Patent Agreement
SeriesPreferredStockIssuedPursuantToPatentAgreement
0 usd
hnoi Common Stock Issued For Conversion Of Debt
CommonStockIssuedForConversionOfDebt
20000 usd
hnoi Common Stock Issued For Conversion Of Debt
CommonStockIssuedForConversionOfDebt
0 usd
us-gaap Stock Issued1
StockIssued1
0 usd
us-gaap Stock Issued1
StockIssued1
10 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_845_eus-gaap--UseOfEstimates_zYYX8h2aLoU1" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_86A_zbiEzsX5a42f">Use of Estimates</span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i> </i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">The preparation of the condensed financial statements in conformity with generally accepted accounting principles 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 condensed financial statements and the reported amount of revenues and expenses during the reporting period. The management makes its best estimate of the outcome for these items based on information available when the condensed financial statements are prepared.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p>
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
985000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
985000000 shares
CY2023Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
510000000 shares
CY2023Q1 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
1000000000 shares
CY2023Q3 hnoi Stock Issued During Period Regulation A Stock Issuances Shares
StockIssuedDuringPeriodRegulationAStockIssuancesShares
1968032 shares
CY2023Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
1.00
CY2023Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P20Y
CY2023Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-41130638 usd
CY2023Q3 hnoi Stock Issued During Period Regulation A Stock Issuance
StockIssuedDuringPeriodRegulationAStockIssuance
1968032 usd
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
419258331 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
419258331 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
105265299 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
105265299 shares
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
396630 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
0 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
18314 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
-0 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
378316 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
0 usd
us-gaap Depreciation
Depreciation
18315 usd
us-gaap Depreciation
Depreciation
0 usd
CY2023Q3 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P20Y
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-2136 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
0 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
80364 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
0 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2136 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2023Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
15000000 shares
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2021Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
20000 usd
CY2021Q4 us-gaap Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
0.01 pure
CY2022Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
20000 usd
CY2023Q3 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
0 usd
CY2022Q4 us-gaap Convertible Notes Payable
ConvertibleNotesPayable
0 usd
CY2019Q4 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
10000 usd
CY2020 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
10104 usd
CY2019 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
10104 usd
CY2020Q4 us-gaap Other Additional Capital
OtherAdditionalCapital
10104 usd
CY2020 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
38976 usd
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
4676 usd
CY2023Q3 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
15000 usd
CY2023Q3 hnoi Due To Related Party Current
DueToRelatedPartyCurrent
485000 usd
CY2023Q3 us-gaap Interest Payable Current
InterestPayableCurrent
16598 usd
CY2023Q3 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
1425000 usd
CY2022Q4 us-gaap Other Long Term Notes Payable
OtherLongTermNotesPayable
1210000 usd
CY2023Q3 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
34335 usd
CY2022Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
14725 usd
CY2023Q3 hnoi Advances From Related Party
AdvancesFromRelatedParty
190000 usd
CY2023Q3 hnoi Repayments To Related Party
RepaymentsToRelatedParty
190000 usd
CY2023Q3 hnoi Due From To Related Party Current
DueFromToRelatedPartyCurrent
56392 usd
CY2022Q4 hnoi Due From To Related Party Current
DueFromToRelatedPartyCurrent
56392 usd
CY2023Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
29250 usd

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hnoi10q073123_htm.xml Edgar Link completed
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hnoi-20230731_pre.xml Edgar Link unprocessable