2024 Q4 Form 10-Q Financial Statement

#000147793224007334 Filed on November 15, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2024 Q2
Revenue $1.148K
YoY Change -99.89%
Cost Of Revenue $0.00
YoY Change -100.0%
Gross Profit $1.148K
YoY Change -100.22%
Gross Profit Margin 100.0%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit -$1.173M
YoY Change -86.95%
Interest Expense $13.06K
YoY Change -43.29%
% of Operating Profit
Other Income/Expense, Net -$69.95K
YoY Change
Pretax Income -$1.243M
YoY Change -86.24%
Income Tax $0.00
% Of Pretax Income
Net Earnings -$1.243M
YoY Change -86.24%
Net Earnings / Revenue -108296.95%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 5.162M shares 5.162M shares 5.064M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q4 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $749.7K $57.82K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $1.763M $2.599M
YoY Change 2470.59% 880.24%
LONG-TERM ASSETS
Property, Plant & Equipment $761.3K $1.343M
YoY Change -83.46% -74.65%
Goodwill $670.3K $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $1.674M $1.343M
YoY Change -70.42% -78.76%
TOTAL ASSETS
Total Short-Term Assets $1.763M $2.599M
Total Long-Term Assets $1.674M $1.343M
Total Assets $3.437M $3.943M
YoY Change -39.99% -40.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $977.0K $975.7K
YoY Change 188.85% 232.18%
Accrued Expenses $40.41K $27.63K
YoY Change -71.98% -77.21%
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.739M $3.683M
YoY Change 22.37% 23.78%
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 $3.739M $3.683M
Total Long-Term Liabilities
Total Liabilities $3.836M $3.683M
YoY Change 25.56% 23.78%
SHAREHOLDERS EQUITY
Retained Earnings -$86.28M -$85.07M
YoY Change 4.78% 16.37%
Common Stock $5.161K $5.064K
YoY Change 29.03% 76.82%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.833M -$3.865M
YoY Change
Total Liabilities & Shareholders Equity $3.437M $3.943M
YoY Change -39.99% -40.18%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$1.243M
YoY Change -86.24%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$244.9K
YoY Change -73.79%
INVESTING ACTIVITIES
Capital Expenditures $2.242K
YoY Change -93.9%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities $936.8K
YoY Change 19.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $0.00
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -$244.9K
Cash From Investing Activities $936.8K
Cash From Financing Activities $0.00
Net Change In Cash $691.9K
YoY Change -445.4%
FREE CASH FLOW
Cash From Operating Activities -$244.9K
Capital Expenditures $2.242K
Free Cash Flow -$247.1K
YoY Change -74.55%

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ProceedsFromCashDepositReceivedFromSubtenant
7500 usd
CY2023Q3 intv Proceeds From Cash Deposit Received From Subtenant
ProceedsFromCashDepositReceivedFromSubtenant
0 usd
CY2024Q3 intv Payments To Acquire Digital Assets
PaymentsToAcquireDigitalAssets
1160102 usd
CY2023Q3 intv Payments To Acquire Digital Assets
PaymentsToAcquireDigitalAssets
0 usd
CY2024Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
936815 usd
CY2023Q3 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
780991 usd
CY2024Q3 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 usd
CY2023Q3 us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
47030 usd
CY2024Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
CY2023Q3 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-47030 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
691930 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-200326 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57815 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
257998 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
749745 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
57672 usd
CY2024Q3 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2023Q3 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
0 usd
CY2024Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2023Q3 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 usd
CY2024Q3 intv Common Stock Issued For Purchase Of51 Interest In Healthy Lifestyle Usa Llc
CommonStockIssuedForPurchaseOf51InterestInHealthyLifestyleUsaLlc
100000 usd
CY2023Q3 intv Common Stock Issued For Purchase Of51 Interest In Healthy Lifestyle Usa Llc
CommonStockIssuedForPurchaseOf51InterestInHealthyLifestyleUsaLlc
0 usd
CY2024Q3 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
148455 usd
CY2023Q3 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
0 usd
CY2024Q3 intv Recognition Of Lease Liability And Rou Asset At Lease Commencement
RecognitionOfLeaseLiabilityAndRouAssetAtLeaseCommencement
116536 usd
CY2023Q3 intv Recognition Of Lease Liability And Rou Asset At Lease Commencement
RecognitionOfLeaseLiabilityAndRouAssetAtLeaseCommencement
0 usd
CY2024Q3 intv Accrued Preferred Stock Dividends
AccruedPreferredStockDividends
0 usd
CY2023Q3 intv Accrued Preferred Stock Dividends
AccruedPreferredStockDividends
207797 usd
CY2024Q3 intv Cumulative Effect Upon Adoption Of Asu
CumulativeEffectUponAdoptionOfAsu
0 usd
CY2023Q3 intv Cumulative Effect Upon Adoption Of Asu
CumulativeEffectUponAdoptionOfAsu
47360 usd
CY2024Q3 intv Preferred Stock Converted For Common Stock
PreferredStockConvertedForCommonStock
0 usd
CY2023Q3 intv Preferred Stock Converted For Common Stock
PreferredStockConvertedForCommonStock
1136 usd
CY2024Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
0 usd
CY2023Q3 us-gaap Property Plant And Equipment Additions
PropertyPlantAndEquipmentAdditions
36750 usd
CY2024Q3 intv Payment Of Amounts Due To Related Party With Digital Currencies
PaymentOfAmountsDueToRelatedPartyWithDigitalCurrencies
0 usd
CY2023Q3 intv Payment Of Amounts Due To Related Party With Digital Currencies
PaymentOfAmountsDueToRelatedPartyWithDigitalCurrencies
189185 usd
CY2024Q3 us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of 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 financial statements and the reported amounts of revenue and expenses during the reporting period. Because of the use of estimates inherent in the financial reporting process, actual results could differ significantly from those estimates.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p>
CY2024Q3 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
670000 usd
CY2024Q3 us-gaap Revenues
Revenues
1148 usd
CY2023Q3 us-gaap Revenues
Revenues
1059064 usd
CY2024Q3 us-gaap Amount Of Dilutive Securities Esop Convertible Preferred Stock
AmountOfDilutiveSecuritiesESOPConvertiblePreferredStock
13233588 usd
CY2023Q3 us-gaap Amount Of Dilutive Securities Esop Convertible Preferred Stock
AmountOfDilutiveSecuritiesESOPConvertiblePreferredStock
10713188 usd
CY2024Q3 intv Payable Common Stock
PayableCommonStock
6522 usd
CY2023Q3 intv Payable Common Stock
PayableCommonStock
0 usd
CY2024Q3 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The following tables present the Company’s assets and liabilities measured at fair value on a recurring basis:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="14" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Fair value measured as of September 30, 2024</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Total carrying value</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Level 1 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Level 2 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Level 3 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Bitcoin (see NOTE 4) </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">172,992</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">172,992</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="14" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Fair value measured as of June 30, 2024</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Total carrying value</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Level 1 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Level 2 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>Level 3 </strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Bitcoin (see NOTE 4) </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,714,076</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,714,076</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong><em>Assets and liabilities not measured at fair value on a recurring basis</em></strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">In addition to assets and liabilities that are measured at fair value on a recurring basis, we also measure certain assets and liabilities at fair value on a nonrecurring basis. Our non-financial assets, including goodwill, property and equipment, intangible assets, and operating lease right-of-use assets are measured at fair value when there is an indication of impairment and the carrying amount exceeds the asset’s projected undiscounted cash flows. These assets are recorded at fair value only when an impairment charge is recognized.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As of September 30, 2024 and June 30, 2024, the fair values of cash, prepaid expenses and other current assets, accounts payable, and accrued expenses approximated their carrying values because of their short-term nature.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Certain amounts in the financial statements for the year ended June 30, 2023 have been reclassified to conform to the presentation for the year ended June 30, 2024.</p>
CY2024Q3 intv Net Current Liabilities Exceeded Current Assets
NetCurrentLiabilitiesExceededCurrentAssets
1975683 usd
CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-86282782 usd
CY2024Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
480952 usd
CY2023Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
733564 usd
CY2024Q3 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
103410 usd
CY2023Q3 us-gaap Impairment Of Leasehold
ImpairmentOfLeasehold
0 usd
CY2024Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
129052 usd
CY2024Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
0 usd
CY2024Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
2728 usd
CY2023Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 usd
CY2024Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.51 pure
CY2024Q3 intv Acquisition Purchase Price
AcquisitionPurchasePrice
350000 usd
CY2024Q3 intv Acquisition Cash Purchase Price
AcquisitionCashPurchasePrice
250000 usd
CY2024Q3 intv Acquisition Share Purchase Price
AcquisitionSharePurchasePrice
97087 shares
CY2024Q3 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
100000 usd
CY2024Q3 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
1.03
CY2024Q3 intv Ownership Percentage By Noncontrolling Owners
OwnershipPercentageByNoncontrollingOwners
0.51 pure
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Cash And Equivalents
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCashAndEquivalents
4710 usd
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets
7790 usd
CY2024Q3 us-gaap Business Combination Acquired Receivables Fair Value
BusinessCombinationAcquiredReceivablesFairValue
2875 usd
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangibles
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibles
19300 usd
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Assets
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedAssets
34675 usd
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities Accounts Payable
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilitiesAccountsPayable
18729 usd
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
18729 usd
CY2024Q3 intv Businessacquisitionnet Of Assets Acquired
BusinessacquisitionnetOfAssetsAcquired
15946 usd
CY2024Q3 intv Business Combination Purchase Consideration
BusinessCombinationPurchaseConsideration
350000 usd
CY2024Q3 intv Business Acquisition Implied Value Of Healthy Lifestyles
BusinessAcquisitionImpliedValueOfHealthyLifestyles
686275 usd
CY2024Q3 intv Business Acquisition Net Assets Acquired
BusinessAcquisitionNetAssetsAcquired
-15946 usd
CY2024Q3 us-gaap Business Combination Recognized Identifiable Assets Acquired Goodwill And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredGoodwillAndLiabilitiesAssumedNet
670329 usd
CY2024Q3 us-gaap Business Combination Acquisition Of Less Than100 Percent Noncontrolling Interest Fair Value
BusinessCombinationAcquisitionOfLessThan100PercentNoncontrollingInterestFairValue
336276 usd
CY2024Q3 us-gaap Area Of Land
AreaOfLand
750 sqft
CY2024Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2000 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2250 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
2500 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2750 usd
CY2024Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
3000 usd
CY2024Q3 intv Rou Asset
RouAsset
116536 usd
CY2024Q3 us-gaap Operating Lease Expense
OperatingLeaseExpense
5000 usd
CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
12000 usd
CY2024Q3 intv Weighted Average Remaining Lease Term
WeightedAverageRemainingLeaseTerm
P4M25D
CY2024Q3 us-gaap Lessee Finance Lease Discount Rate
LesseeFinanceLeaseDiscountRate
0.10 pure
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
10000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
26750 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
29750 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
32750 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
35750 usd
CY2024Q3 intv Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
3000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
138.000 usd
CY2024Q3 intv Operating Lease Liability Less Interest
OperatingLeaseLiabilityLessInterest
31714 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
106286 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
16500 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
89786 usd
CY2024Q3 intv Description Of Compensastion
DescriptionOfCompensastion
Mr. Rubakh’s annual salary was $250,000 ($62,500 quarterly). In addition, $100,000 of bonuses were approved by the Board of Directors
CY2023Q3 intv Description Of Compensastion
DescriptionOfCompensastion
Mr. Rubakh’s annual salary was $250,000 ($62,500 quarterly). In addition, quarterly bonuses of $50,000 were approved by the Board of Directors. Additionally, the Company issued to Mr. Rubakh 50,000 shares of Series B convertible preferred stock valued on an “as converted to common” basis
CY2024Q3 intv Converted Series B Preferred Stock Into Common Stock Value
ConvertedSeriesBPreferredStockIntoCommonStockValue
8300000 usd
CY2024Q3 intv Compensation Expense Durinng The Year
CompensationExpenseDurinngTheYear
62500 usd
CY2023 intv Compensation Expense Durinng The Year
CompensationExpenseDurinngTheYear
8412500 usd
CY2024Q3 intv Agreement Term
AgreementTerm
P36M
CY2024Q3 intv Common Stock Shares Authorized To Issue Shares
CommonStockSharesAuthorizedToIssueShares
300000000 shares
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5161580 shares
CY2024Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
5064492 shares

Files In Submission

Name View Source Status
0001477932-24-007334-index-headers.html Edgar Link pending
0001477932-24-007334-index.html Edgar Link pending
0001477932-24-007334.txt Edgar Link pending
0001477932-24-007334-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
intv-20240930.xsd Edgar Link pending
intv_10q.htm Edgar Link pending
intv_ex311.htm Edgar Link pending
intv_ex321.htm Edgar Link pending
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intv-20240930_cal.xml Edgar Link unprocessable
intv-20240930_def.xml Edgar Link unprocessable
intv-20240930_lab.xml Edgar Link unprocessable
intv-20240930_pre.xml Edgar Link unprocessable
intv_10q_htm.xml Edgar Link completed
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