2024 Q1 Form 10-Q Financial Statement

#000109690624001186 Filed on May 20, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q1
Revenue $688.8K $614.9K
YoY Change 12.01% 32.71%
Cost Of Revenue $280.4K $337.1K
YoY Change -16.81% 143.08%
Gross Profit $408.4K $277.8K
YoY Change 46.98% -14.43%
Gross Profit Margin 59.29% 45.18%
Selling, General & Admin $470.4K $683.0K
YoY Change -31.13% 84.42%
% of Gross Profit 115.2% 245.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $550.00 $550.00
YoY Change 0.0%
% of Gross Profit 0.13% 0.2%
Operating Expenses $470.4K $683.0K
YoY Change -31.13% 84.42%
Operating Profit -$62.07K -$405.2K
YoY Change -84.68% 787.6%
Interest Expense -$799.2K -$174.0K
YoY Change 359.38% -478.03%
% of Operating Profit
Other Income/Expense, Net -$799.2K -$174.0K
YoY Change 359.39% -457.49%
Pretax Income -$861.3K -$579.2K
YoY Change 48.71% -19341.2%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$861.3K -$579.2K
YoY Change 48.71% -19341.1%
Net Earnings / Revenue -125.04% -94.18%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.30 $0.00
COMMON SHARES
Basic Shares Outstanding 345.2M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.31K $213.2K
YoY Change -59.05% 131.01%
Cash & Equivalents $87.31K $213.2K
Short-Term Investments
Other Short-Term Assets $205.8K
YoY Change
Inventory $1.553M $1.654M
Prepaid Expenses
Receivables $24.06K $135.4K
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.870M $2.003M
YoY Change -6.63% -9.37%
LONG-TERM ASSETS
Property, Plant & Equipment $2.760K $4.950K
YoY Change -44.24% -30.77%
Goodwill $193.3K $193.3K
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $16.89K $102.5K
YoY Change -83.53% 506.99%
Total Long-Term Assets $734.8K $822.6K
YoY Change -10.68% 11.29%
TOTAL ASSETS
Total Short-Term Assets $1.870M $2.003M
Total Long-Term Assets $734.8K $822.6K
Total Assets $2.605M $2.825M
YoY Change -7.81% -4.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $117.5K $114.5K
YoY Change 2.65% 8.6%
Accrued Expenses $206.5K $85.87K
YoY Change 140.42% 215.24%
Deferred Revenue
YoY Change
Short-Term Debt $1.102M $1.084M
YoY Change 1.68% 203.1%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $2.453M $1.510M
YoY Change 62.43% 199.75%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $2.453M $1.510M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $2.453M $1.510M
YoY Change 62.43% 199.75%
SHAREHOLDERS EQUITY
Retained Earnings -$19.26M -$16.51M
YoY Change 16.69%
Common Stock $354.5K $345.5K
YoY Change 2.61%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $151.6K $1.315M
YoY Change
Total Liabilities & Shareholders Equity $2.605M $2.825M
YoY Change -7.81% -4.2%

Cashflow Statement

Concept 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$861.3K -$579.2K
YoY Change 48.71% -19341.1%
Depreciation, Depletion And Amortization $550.00 $550.00
YoY Change 0.0%
Cash From Operating Activities $18.72K -$310.3K
YoY Change -106.03% 186.19%
INVESTING ACTIVITIES
Capital Expenditures $0.00 $0.00
YoY Change -100.0%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change -100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $49.15K $457.8K
YoY Change -89.27% -3511.42%
NET CHANGE
Cash From Operating Activities $18.72K -$310.3K
Cash From Investing Activities $0.00 $0.00
Cash From Financing Activities $49.15K $457.8K
Net Change In Cash $67.87K $147.6K
YoY Change -54.0% -213.66%
FREE CASH FLOW
Cash From Operating Activities $18.72K -$310.3K
Capital Expenditures $0.00 $0.00
Free Cash Flow $18.72K -$310.3K
YoY Change -106.03% 208.96%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2024Q1 dei Document Type
DocumentType
10-Q
CY2024Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2024Q1 dei Document Period End Date
DocumentPeriodEndDate
2024-03-31
CY2024Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2024Q1 dei Entity File Number
EntityFileNumber
000-55572
CY2024Q1 dei Entity Registrant Name
EntityRegistrantName
Healthy Extracts Inc.
CY2024Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2024Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
47-2594704
CY2024Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
7375 Commercial Way
CY2024Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 125
CY2024Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Henderson
CY2024Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
NV
CY2024Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
89011
CY2024Q1 dei City Area Code
CityAreaCode
702
CY2024Q1 dei Local Phone Number
LocalPhoneNumber
463-1004
CY2024Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2024Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2024Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2024Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2024Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2024Q1 dei Entity Shell Company
EntityShellCompany
false
CY2024Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
2963906 shares
CY2024Q1 us-gaap Cash
Cash
87312 usd
CY2023Q4 us-gaap Cash
Cash
19441 usd
CY2024Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
24055 usd
CY2023Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
30440 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
1552814 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1626283 usd
CY2024Q1 us-gaap Deferred Offering Costs
DeferredOfferingCosts
149274 usd
CY2023Q4 us-gaap Deferred Offering Costs
DeferredOfferingCosts
151931 usd
CY2024Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
56523 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
71583 usd
CY2024Q1 us-gaap Assets Current
AssetsCurrent
1869978 usd
CY2023Q4 us-gaap Assets Current
AssetsCurrent
1899678 usd
CY2024Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2757 usd
CY2023Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3306 usd
CY2024Q1 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
521881 usd
CY2023Q4 us-gaap Finite Lived Patents Gross
FiniteLivedPatentsGross
521881 usd
CY2024Q1 us-gaap Deposits Assets
DepositsAssets
16890 usd
CY2023Q4 us-gaap Deposits Assets
DepositsAssets
16890 usd
CY2024Q1 us-gaap Goodwill
Goodwill
193260 usd
CY2023Q4 us-gaap Goodwill
Goodwill
193260 usd
CY2024Q1 us-gaap Other Assets
OtherAssets
734787 usd
CY2023Q4 us-gaap Other Assets
OtherAssets
735336 usd
CY2024Q1 us-gaap Assets
Assets
2604765 usd
CY2023Q4 us-gaap Assets
Assets
2635014 usd
CY2024Q1 us-gaap Accounts Payable Current
AccountsPayableCurrent
117515 usd
CY2023Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
116842 usd
CY2024Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
206452 usd
CY2023Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
215069 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
58906 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
65229 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9222 usd
CY2024Q1 us-gaap Notes Payable Current
NotesPayableCurrent
295795 usd
CY2023Q4 us-gaap Notes Payable Current
NotesPayableCurrent
361093 usd
CY2024Q1 fil Notes Payable Related Party
NotesPayableRelatedParty
178366 usd
CY2023Q4 fil Notes Payable Related Party
NotesPayableRelatedParty
83366 usd
CY2024Q1 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
628045 usd
CY2023Q4 us-gaap Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
608601 usd
CY2024Q1 us-gaap Interest Payable Current
InterestPayableCurrent
50647 usd
CY2023Q4 us-gaap Interest Payable Current
InterestPayableCurrent
64386 usd
CY2024Q1 fil Accrued Interest Payable Related Party
AccruedInterestPayableRelatedParty
6615 usd
CY2023Q4 fil Accrued Interest Payable Related Party
AccruedInterestPayableRelatedParty
2465 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
910779 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
154150 usd
CY2024Q1 us-gaap Liabilities Current
LiabilitiesCurrent
2453120 usd
CY2023Q4 us-gaap Liabilities Current
LiabilitiesCurrent
1680424 usd
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
75000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
75000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2024Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2024Q1 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2023Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2024Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2024Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2963906 shares
CY2024Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2963906 shares
CY2023Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2954104 shares
CY2023Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2954104 shares
CY2024Q1 us-gaap Common Stock Value
CommonStockValue
354502 usd
CY2023Q4 us-gaap Common Stock Value
CommonStockValue
354492 usd
CY2024Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
19058075 usd
CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
18999770 usd
CY2024Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-19260931 usd
CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-18399673 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
151646 usd
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
954590 usd
CY2024Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2604765 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2635014 usd
CY2024Q1 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
688786 usd
CY2023Q1 us-gaap Sales Type Lease Revenue
SalesTypeLeaseRevenue
614943 usd
CY2024Q1 us-gaap Revenues
Revenues
688786 usd
CY2023Q1 us-gaap Revenues
Revenues
614943 usd
CY2024Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
280428 usd
CY2023Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
337102 usd
CY2024Q1 us-gaap Cost Of Revenue
CostOfRevenue
280428 usd
CY2023Q1 us-gaap Cost Of Revenue
CostOfRevenue
337102 usd
CY2024Q1 us-gaap Gross Profit
GrossProfit
408358 usd
CY2023Q1 us-gaap Gross Profit
GrossProfit
277841 usd
CY2024Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
470431 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
683029 usd
CY2024Q1 us-gaap Operating Expenses
OperatingExpenses
470431 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
683029 usd
CY2024Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-42557 usd
CY2023Q1 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-89060 usd
CY2024Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-756628 usd
CY2023Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-84908 usd
CY2024Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-799185 usd
CY2023Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-173968 usd
CY2024Q1 us-gaap Profit Loss
ProfitLoss
-861259 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-579157 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-861259 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-579157 usd
CY2024Q1 fil Loss Per Share Basic And Diluted
LossPerShareBasicAndDiluted
-0.3
CY2023Q1 fil Loss Per Share Basic And Diluted
LossPerShareBasicAndDiluted
-0.2
CY2024Q1 fil Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
2915410 shares
CY2023Q1 fil Weighted Average Number Of Shares Outstanding Basic And Diluted
WeightedAverageNumberOfSharesOutstandingBasicAndDiluted
2854290 shares
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
16000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-579157 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
1315173 usd
CY2024Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
0 usd
CY2024Q1 fil Stock Issued During Period Value Reverse Stock Splits
StockIssuedDuringPeriodValueReverseStockSplits
0 usd
CY2024Q1 fil Fair Value Of Unvested Restricted Stock Units
FairValueOfUnvestedRestrictedStockUnits
58314 usd
CY2024Q1 fil Issuance Of Common Stock Restricted Stock Units Issued
IssuanceOfCommonStockRestrictedStockUnitsIssued
0 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-861259 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
151646 usd
CY2024Q1 us-gaap Net Income Loss
NetIncomeLoss
-861259 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-579157 usd
CY2024Q1 fil Depreciation And Amortization1
DepreciationAndAmortization1
549 usd
CY2023Q1 fil Depreciation And Amortization1
DepreciationAndAmortization1
549 usd
CY2024Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
58314 usd
CY2023Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
16000 usd
CY2024Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-756628 usd
CY2023Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-84908 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6385 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
29604 usd
CY2024Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-73469 usd
CY2023Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-164922 usd
CY2024Q1 fil Increase Decrease In Offering Costs
IncreaseDecreaseInOfferingCosts
2657 usd
CY2023Q1 fil Increase Decrease In Offering Costs
IncreaseDecreaseInOfferingCosts
0 usd
CY2024Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
0 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
32617 usd
CY2024Q1 fil Increase Decrease In Right Of Use Asset Net
IncreaseDecreaseInRightOfUseAssetNet
15060 usd
CY2023Q1 fil Increase Decrease In Right Of Use Asset Net
IncreaseDecreaseInRightOfUseAssetNet
0 usd
CY2024Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
673 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
23170 usd
CY2024Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-8617 usd
CY2023Q1 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-8683 usd
CY2024Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-13739 usd
CY2023Q1 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
17636 usd
CY2024Q1 fil Increase Decrease In Accrued Interest Payable Related Party
IncreaseDecreaseInAccruedInterestPayableRelatedParty
4150 usd
CY2023Q1 fil Increase Decrease In Accrued Interest Payable Related Party
IncreaseDecreaseInAccruedInterestPayableRelatedParty
0 usd
CY2024Q1 fil Increase Decrease In Operating Lease Liability Current
IncreaseDecreaseInOperatingLeaseLiabilityCurrent
-6324 usd
CY2023Q1 fil Increase Decrease In Operating Lease Liability Current
IncreaseDecreaseInOperatingLeaseLiabilityCurrent
0 usd
CY2024Q1 fil Increase Decrease In Operating Lease Liability Noncurrent
IncreaseDecreaseInOperatingLeaseLiabilityNoncurrent
-9222 usd
CY2023Q1 fil Increase Decrease In Operating Lease Liability Noncurrent
IncreaseDecreaseInOperatingLeaseLiabilityNoncurrent
0 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18724 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2024Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
19445 usd
CY2023Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
388888 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-342876 usd
CY2024Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
CY2023Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
0 usd
CY2024Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2023Q1 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2024Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 usd
CY2024Q1 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
0 usd
CY2023Q1 us-gaap Proceeds From Loan Originations1
ProceedsFromLoanOriginations1
0 usd
CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
49146 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
490429 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
67871 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
147553 usd
CY2024Q1 fil Payments For Repayment Of Convertible Debt
PaymentsForRepaymentOfConvertibleDebt
0 usd
CY2023Q1 fil Payments For Repayment Of Convertible Debt
PaymentsForRepaymentOfConvertibleDebt
110535 usd
CY2024Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
118132 usd
CY2023Q1 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
136705 usd
CY2024Q1 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-183430 usd
CY2023Q1 us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
75370 usd
CY2024Q1 fil Proceeds From Issuance Of Notes Payable Related Party
ProceedsFromIssuanceOfNotesPayableRelatedParty
95000 usd
CY2023Q1 fil Proceeds From Issuance Of Notes Payable Related Party
ProceedsFromIssuanceOfNotesPayableRelatedParty
0 usd
CY2024Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2023Q1 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
19441 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
65651 usd
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87312 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
213204 usd
CY2024Q1 us-gaap Use Of Estimates
UseOfEstimates
<p style="font:10pt Times New Roman;margin:0"><b><i>Use of Estimates</i></b></p> <p style="font:10pt Times New Roman;margin:0"> </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;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. The estimates and judgments will also affect the reported amounts for certain revenues and expenses during the reporting period. Actual results could differ from these good faith estimates and judgments.</p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"> </p> <p style="font:11pt Times New Roman;margin:0;color:#000000;text-align:justify"><span style="font-size:10pt">In regards to inventory write-offs and allowances, our Company determines the net realizable value by using the various factors as following:  excess or slow-moving inventories (12 months or more of inventory on hand), expiration dates (within 12 months of the current reporting period), current and future product demand, production planning, and market conditions. If any of these factors are found in the reporting period, management will review each item and determine if any additional allowances or write-offs need to be made. A change in any of these variable’s factors could result in an adjustment to inventory. Management has provided for any risks in the current inventory allowance booked. </span></p> <p style="font:11pt Times New Roman;margin:0;color:#000000;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify">As for revenue adjustments for discounts, allowances and refunds, we treat each of these items differently. When it comes to revenue discounts, we will create the invoice for the product sold which will include any discounts given. These discounts usually happen for a short period of time for sales that we will offer around holidays. Due to the revenue being recognized once the order has shipped, less any applicable discount, we book this transaction at the net </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"><span style="font-size:10pt">order transaction amount. In regards to allowances and refunds for revenue adjustments, due to our refund percentage is less than 1% we decided the need for an estimated adjustment for allowances and refunds was not material. If we do receive any returned orders, we will directly book those orders as refunds the day we receive the call from the customer requesting the refund. We will book the credit memo at the full value of the customer original order.</span></p>
CY2024Q1 fil Inventory Allowances
InventoryAllowances
1519532 usd
CY2023Q4 fil Inventory Allowances
InventoryAllowances
1611257 usd
CY2024Q1 us-gaap Inventory Raw Materials
InventoryRawMaterials
2849557 usd
CY2023Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2998683 usd
CY2024Q1 us-gaap Inventory Finished Goods
InventoryFinishedGoods
219502 usd
CY2023Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
225567 usd
CY2024Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
3287 usd
CY2023Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
13290 usd
CY2024Q1 us-gaap Inventory Gross
InventoryGross
3072346 usd
CY2023Q4 us-gaap Inventory Gross
InventoryGross
3237540 usd
CY2024Q1 fil Inventory Allowances
InventoryAllowances
1519532 usd
CY2023Q4 fil Inventory Allowances
InventoryAllowances
1611257 usd
CY2024Q1 us-gaap Inventory Net
InventoryNet
1552814 usd
CY2023Q4 us-gaap Inventory Net
InventoryNet
1626283 usd
CY2024Q1 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p style="font:10pt Times New Roman;margin:0;text-align:justify"><b><i>Concentration</i></b></p> <p style="font:10pt Times New Roman;margin:0;margin-left:36pt;color:#000000;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;color:#000000;text-align:justify"><span style="background-color:#FFFFFF">There is no concentration of revenue for the year ended December 31, 2023 and for the months ended March 31, 2024 because the revenue was earned from multiple customers.</span></p>
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
102011 usd
CY2023 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
154150 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
154150 usd
CY2024Q1 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
756629 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
910779 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
910779 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
154150 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
102011 usd
CY2023 fil Convertible Debt Issued
ConvertibleDebtIssued
145067 usd
CY2023 fil Derivative Liabilities Debt Premium
DerivativeLiabilitiesDebtPremium
29167 usd
CY2023 fil Convertible Debt Change In Fair Value Recognized In Operations
ConvertibleDebtChangeInFairValueRecognizedInOperations
-83923 usd
CY2023 fil Convertible Debt Converted
ConvertibleDebtConverted
-38172 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
154150 usd
CY2024Q1 fil Convertible Debt Issued
ConvertibleDebtIssued
0 usd
CY2024Q1 fil Derivative Liabilities Debt Premium
DerivativeLiabilitiesDebtPremium
0 usd
CY2024Q1 fil Convertible Debt Change In Fair Value Recognized In Operations
ConvertibleDebtChangeInFairValueRecognizedInOperations
756629 usd
CY2024Q1 fil Convertible Debt Converted
ConvertibleDebtConverted
0 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
910779 usd
CY2023Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
388888 usd
us-gaap Net Income Loss
NetIncomeLoss
19260931 usd
CY2024Q1 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
0 usd
CY2023Q4 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
0 usd
CY2024Q1 us-gaap Capital Leases Contingent Rental Payments Due
CapitalLeasesContingentRentalPaymentsDue
5333 usd
CY2024Q1 fil Capital Leases Contingent Rental Payments Due Next24 Months
CapitalLeasesContingentRentalPaymentsDueNext24Months
5694 usd
CY2024Q1 us-gaap Lease Cost
LeaseCost
0 usd
CY2024Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y29D
CY2024Q1 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.098 pure
CY2024Q1 fil Right Of Use Assets Net Of Amortization
RightOfUseAssetsNetOfAmortization
56523 usd
CY2024Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
58906 usd
CY2024Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
58906 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
0 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
0 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
52226 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
5822 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 usd
CY2024Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
58048 usd
CY2024Q1 us-gaap Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
858 usd
CY2024Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
58906 usd
CY2023 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
83920 usd
CY2024Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
38172 usd
CY2024Q1 us-gaap Fair Value Net Derivative Asset Liability Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueNetDerivativeAssetLiabilityMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-756629 usd
CY2022Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
102011 usd
CY2023 fil Convertible Debt Issued
ConvertibleDebtIssued
145067 usd
CY2023 fil Derivative Liabilities Debt Premium
DerivativeLiabilitiesDebtPremium
29167 usd
CY2023 fil Convertible Debt Change In Fair Value Recognized In Operations
ConvertibleDebtChangeInFairValueRecognizedInOperations
-83923 usd
CY2023 fil Convertible Debt Converted
ConvertibleDebtConverted
-38172 usd
CY2023Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
154150 usd
CY2024Q1 fil Convertible Debt Issued
ConvertibleDebtIssued
0 usd
CY2024Q1 fil Derivative Liabilities Debt Premium
DerivativeLiabilitiesDebtPremium
0 usd
CY2024Q1 fil Convertible Debt Change In Fair Value Recognized In Operations
ConvertibleDebtChangeInFairValueRecognizedInOperations
756629 usd
CY2024Q1 fil Convertible Debt Converted
ConvertibleDebtConverted
0 usd
CY2024Q1 us-gaap Derivative Liabilities
DerivativeLiabilities
910779 usd
CY2024Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
241152 usd
CY2023Q1 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-162163 usd
CY2024Q1 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-241152 usd
CY2023Q1 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
162163 usd
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 usd
CY2024Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
241152 usd
CY2022Q3 us-gaap Deferred Tax Assets Operating Loss Carryforwards Domestic
DeferredTaxAssetsOperatingLossCarryforwardsDomestic
162163 usd
CY2024Q1 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
241152 usd
CY2022Q3 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
162163 usd
CY2024Q1 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2022Q3 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
0 usd
CY2017Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
75000000 shares
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2024Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2017Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2024Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
75000000 shares
CY2018Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2018Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
2500000000 shares
CY2024Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
50000000 shares
CY2024Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
The Company effectuated a reverse stock split of 120-for-1 as of December 29, 2023
CY2023Q1 fil Warrants Issued
WarrantsIssued
61846 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
195180 shares
CY2023Q4 fil Warrants Fully Vested
WarrantsFullyVested
195180 shares
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
132680 shares
CY2024Q1 fil Warrants Fully Vested
WarrantsFullyVested
132680 shares
CY2023Q4 fil Unvested Compensation Related To Issuances Of Restricted Stock Units Fair Value1
UnvestedCompensationRelatedToIssuancesOfRestrictedStockUnitsFairValue1
423910 usd
CY2024Q1 fil Unvested Compensation Related To Issuances Of Restricted Stock Units Fair Value1
UnvestedCompensationRelatedToIssuancesOfRestrictedStockUnitsFairValue1
60727 usd
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0539 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0518 pure
CY2024Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y8M12D
CY2023 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P4Y8M12D
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.96 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
1.065 pure
CY2024Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure

Files In Submission

Name View Source Status
FilingSummary.xml Edgar Link unprocessable
0001096906-24-001186-index-headers.html Edgar Link pending
0001096906-24-001186-index.html Edgar Link pending
0001096906-24-001186.txt Edgar Link pending
0001096906-24-001186-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
hyex-20240331.htm Edgar Link pending
hyex-20240331.xsd Edgar Link pending
hyex10q_1.jpg Edgar Link pending
hyex_ex31z1.htm Edgar Link pending
hyex_ex31z2.htm Edgar Link pending
hyex_ex32z1.htm Edgar Link pending
hyex_ex32z2.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
hyex-20240331_cal.xml Edgar Link unprocessable
hyex-20240331_def.xml Edgar Link unprocessable
hyex-20240331_lab.xml Edgar Link unprocessable
hyex-20240331_pre.xml Edgar Link unprocessable
hyex-20240331_htm.xml Edgar Link completed
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending