2024 Q1 Form 10-K Financial Statement
#000126246324000015 Filed on January 29, 2024
Income Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
Revenue | $0.00 | $13.00K | |
YoY Change | -100.0% | -62.26% | |
Cost Of Revenue | $5.885K | ||
YoY Change | -78.75% | ||
Gross Profit | $0.00 | $7.115K | |
YoY Change | -100.0% | 5.28% | |
Gross Profit Margin | 54.73% | ||
Selling, General & Admin | $1.384M | ||
YoY Change | 30.14% | ||
% of Gross Profit | 19450.32% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $32.25K | $36.94K | |
YoY Change | 3971.46% | ||
% of Gross Profit | 519.18% | ||
Operating Expenses | $523.1K | $1.451M | |
YoY Change | 140.64% | 34.54% | |
Operating Profit | -$522.7K | -$1.441M | |
YoY Change | 155.76% | 34.54% | |
Interest Expense | $6.932K | $26.55K | |
YoY Change | 14.54% | 80.27% | |
% of Operating Profit | |||
Other Income/Expense, Net | $367.00 | $2.104K | |
YoY Change | 18250.0% | 2743.24% | |
Pretax Income | -$1.441M | ||
YoY Change | 34.54% | ||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$522.7K | -$1.441M | |
YoY Change | 155.76% | 34.54% | |
Net Earnings / Revenue | -11087.19% | ||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 419.4M shares | 352.4M shares | |
Diluted Shares Outstanding | 419.4M shares | 352.4M shares |
Balance Sheet
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $235.2K | ||
YoY Change | 360.11% | ||
Cash & Equivalents | $68.87K | $235.2K | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $125.3K | $291.6K | $291.6K |
YoY Change | 171.21% | 171.21% | |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $866.1K | $767.9K | $767.9K |
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $136.7K | $103.8K | $203.8K |
YoY Change | 2897.35% | ||
Total Long-Term Assets | $1.081M | $1.051M | $1.051M |
YoY Change | 15357.1% | 15357.06% | |
TOTAL ASSETS | |||
Total Short-Term Assets | $125.3K | $291.6K | $291.6K |
Total Long-Term Assets | $1.081M | $1.051M | $1.051M |
Total Assets | $1.206M | $1.343M | $1.343M |
YoY Change | 1074.65% | 1074.65% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $4.144K | $925.00 | $930.00 |
YoY Change | |||
Accrued Expenses | $48.20K | $41.27K | $58.91K |
YoY Change | 180.27% | 299.93% | |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | ||
YoY Change | |||
Long-Term Debt Due | $785.0K | ||
YoY Change | 26.61% | ||
Total Short-Term Liabilities | $1.106M | $844.8K | $844.8K |
YoY Change | 33.1% | 33.1% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $590.0K | ||
YoY Change | 0.0% | ||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $590.0K | $590.0K | |
YoY Change | 0.0% | ||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $1.106M | $844.8K | $844.8K |
Total Long-Term Liabilities | $590.0K | $590.0K | |
Total Liabilities | $1.696M | $1.435M | $1.435M |
YoY Change | 17.16% | 17.16% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$42.13M | -$41.61M | |
YoY Change | 3.59% | ||
Common Stock | $41.59M | $41.50M | |
YoY Change | 6.24% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$489.4K | -$92.20K | -$92.20K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.206M | $1.343M | $1.343M |
YoY Change | 1074.65% | 1074.65% |
Cashflow Statement
Concept | 2024 Q1 | 2023 Q4 | 2023 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$522.7K | -$1.441M | |
YoY Change | 155.76% | 34.54% | |
Depreciation, Depletion And Amortization | $32.25K | $36.94K | |
YoY Change | 3971.46% | ||
Cash From Operating Activities | -$394.1K | -$1.427M | |
YoY Change | 108.94% | 27.24% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | $130.4K | $804.9K | |
YoY Change | 539.8% | ||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Investing Activities | -$163.3K | -$908.7K | |
YoY Change | 701.26% | 9086890.0% | |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $2.335M | ||
YoY Change | 23350230.0% | ||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $391.1K | $2.520M | |
YoY Change | 38.68% | 114.87% | |
NET CHANGE | |||
Cash From Operating Activities | -$394.1K | -$1.427M | |
Cash From Investing Activities | -$163.3K | -$908.7K | |
Cash From Financing Activities | $391.1K | $2.520M | |
Net Change In Cash | -$166.3K | $184.1K | |
YoY Change | -327.77% | 260.11% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$394.1K | -$1.427M | |
Capital Expenditures | $130.4K | $804.9K | |
Free Cash Flow | -$524.5K | -$2.232M | |
YoY Change | 150.95% | 99.0% |
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CY2022 | hnoi |
Shares Cancelled For Cancellation Of Acquisition
SharesCancelledForCancellationOfAcquisition
|
-10 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1071309 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1110424 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-1110424 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
290000 | usd |
CY2023 | us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
2025 | usd |
CY2023 | hnoi |
Common Stock Issued For Settlement Of Debt
CommonStockIssuedForSettlementOfDebt
|
20000 | usd |
CY2023 | hnoi |
Series Preferred Issued Pursuant To Patent Agreement
SeriesPreferredIssuedPursuantToPatentAgreement
|
82500 | usd |
CY2023 | hnoi |
Regulation Common Stock Issuances
RegulationCommonStockIssuances
|
2045033 | usd |
CY2023 | hnoi |
Common Stock Issued For Financing Commitment
CommonStockIssuedForFinancingCommitment
|
20000 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1441335 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-92201 | usd |
CY2023 | us-gaap |
Profit Loss
ProfitLoss
|
-1441335 | usd |
CY2022 | us-gaap |
Profit Loss
ProfitLoss
|
-1071309 | usd |
CY2023 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
40116 | usd |
CY2022 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
0 | usd |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
22025 | usd |
CY2022 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
0 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
925 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-1932 | usd |
CY2023 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-0 | usd |
CY2022 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
56392 | usd |
CY2023 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-93200 | usd |
CY2022 | us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-6800 | usd |
CY2023 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
26545 | usd |
CY2022 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
14725 | usd |
CY2023 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
17640 | usd |
CY2022 | us-gaap |
Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
|
0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1427284 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-1121708 | usd |
CY2023 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
250000 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
620000 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
2335033 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
10 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
0 | usd |
CY2022 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
590000 | usd |
CY2023 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
65000 | usd |
CY2022 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
37183 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2520033 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1172827 | usd |
CY2023 | us-gaap |
Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
|
-0 | usd |
CY2022 | us-gaap |
Payments For Proceeds From Longterm Investments
PaymentsForProceedsFromLongtermInvestments
|
10 | usd |
CY2023 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
804878 | usd |
CY2022 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
-0 | usd |
CY2023 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
103821 | usd |
CY2022 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
-0 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-908699 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
184050 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
51109 | 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 |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
235159 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
51109 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2022 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
CY2023 | hnoi |
Series Preferred Stock Issued Pursuant To Patent Agreement
SeriesPreferredStockIssuedPursuantToPatentAgreement
|
82500 | usd |
CY2022 | hnoi |
Series Preferred Stock Issued Pursuant To Patent Agreement
SeriesPreferredStockIssuedPursuantToPatentAgreement
|
0 | usd |
CY2023 | hnoi |
Common Stock Issued For Conversion Of Debt
CommonStockIssuedForConversionOfDebt
|
20000 | usd |
CY2022 | hnoi |
Common Stock Issued For Conversion Of Debt
CommonStockIssuedForConversionOfDebt
|
0 | usd |
CY2023 | us-gaap |
Stock Issued1
StockIssued1
|
0 | usd |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
10 | usd |
CY2023 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_84D_eus-gaap--UseOfEstimates_z5tliv0qUQC3" style="font: 10pt Times New Roman, Times, Serif; margin: 0"><i><span id="xdx_862_zqFZT2yfUq8d">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> | |
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 |
CY2023Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
0 | usd |
CY2022Q4 | us-gaap |
Convertible Notes Payable
ConvertibleNotesPayable
|
0 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P20Y | |
CY2023Q4 | us-gaap |
Other Long Term Notes Payable
OtherLongTermNotesPayable
|
1375000 | usd |
CY2022Q4 | us-gaap |
Other Long Term Notes Payable
OtherLongTermNotesPayable
|
1210000 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-41609945 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
804878 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
0 | usd |
CY2023Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
36940 | usd |
CY2022Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
-0 | usd |
CY2023Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
767938 | usd |
CY2022Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
0 | usd |
CY2023 | us-gaap |
Depreciation
Depreciation
|
36940 | usd |
CY2022 | us-gaap |
Depreciation
Depreciation
|
0 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
|
P20Y | |
CY2023Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
82500 | usd |
CY2022Q4 | us-gaap |
Finite Lived Patents Gross
FiniteLivedPatentsGross
|
0 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
3176 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-0 | usd |
CY2023Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
79324 | usd |
CY2022Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
0 | usd |
CY2023 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
3176 | usd |
CY2022 | us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
0 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
985000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
985000000 | shares |
CY2023Q4 | 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 | hnoi |
Stock Issued During Period Regulation A Stock Issuance
StockIssuedDuringPeriodRegulationAStockIssuance
|
1968032 | usd |
CY2023Q4 | hnoi |
Stock Issued During Period Regulation A Stock Issuances Shares
StockIssuedDuringPeriodRegulationAStockIssuancesShares
|
58500 | shares |
CY2023Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
1.00 | |
CY2023Q4 | hnoi |
Stock Issued During Period Regulation A Stock Issuance
StockIssuedDuringPeriodRegulationAStockIssuance
|
58500 | usd |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
419341584 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
419341584 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
105265299 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
105265299 | shares |
CY2023Q4 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
6000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
15000000 | shares |
CY2022Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
15000000 | shares |
CY2023Q4 | 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 | |
CY2023Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
41270 | usd |
CY2022Q4 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
14725 | usd |
CY2023Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
103821 | usd |