2021 Q4 Form 10-Q Financial Statement
#000147793222000207 Filed on January 12, 2022
Income Statement
Concept | 2021 Q4 | 2021 Q3 | 2021 Q2 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $24.69K | $8.220K | $2.630K |
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $24.69K | $8.220K | $2.630K |
YoY Change | |||
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$24.69K | ||
YoY Change | 174.33% | ||
Pretax Income | -$24.69K | -$8.220K | -$2.630K |
YoY Change | |||
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$24.69K | -$8.224K | -$2.630K |
YoY Change | 174.33% | 21.62% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$380.40 | -$126.70 | -$40.40 |
COMMON SHARES | |||
Basic Shares Outstanding | 64.90M shares | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2021 Q4 | 2021 Q3 | 2021 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $130.00 | $320.00 | $350.00 |
YoY Change | |||
Cash & Equivalents | $134.00 | $0.00 | |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $20.00K | $20.00K |
YoY Change | |||
Inventory | |||
Prepaid Expenses | $0.00 | $20.00K | $20.00K |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $134.00 | $20.32K | $20.35K |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | -$4.00 | $0.00 | -$2.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $134.00 | $20.32K | $20.35K |
Total Long-Term Assets | -$4.00 | $0.00 | -$2.00 |
Total Assets | $130.00 | $20.32K | $20.35K |
YoY Change | |||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.359K | $6.460K | $4.206K |
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $98.30K | $93.80K | $85.60K |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $98.30K | $93.80K | $85.60K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $98.30K | $93.80K | $85.60K |
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$117.1K | -$92.37K | -$84.14K |
YoY Change | |||
Common Stock | $64.90K | $64.90K | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$98.17K | -$73.48K | $0.00 |
YoY Change | |||
Total Liabilities & Shareholders Equity | $134.00 | $20.32K | $20.35K |
YoY Change |
Cashflow Statement
Concept | 2021 Q4 | 2021 Q3 | 2021 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$24.69K | -$8.224K | -$2.630K |
YoY Change | 174.33% | 21.62% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$190.00 | -$30.00 | -$30.00 |
YoY Change | |||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | $0.00 | $0.00 |
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 | 0.000 | 0.000 | 0.000 |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -190.0 | -30.00 | -30.00 |
Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
Cash From Financing Activities | 0.000 | 0.000 | 0.000 |
Net Change In Cash | -190.0 | -30.00 | -30.00 |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$190.00 | -$30.00 | -$30.00 |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Revenues
Revenues
|
0 | USD | |
CY2022Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
64900000 | shares |
us-gaap |
Revenues
Revenues
|
0 | USD | |
CY2020Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-41325 | USD |
CY2020Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9001 | USD |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-69216 | USD |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
20000 | USD | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
0 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-218 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-33 | USD | |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
352 | USD |
CY2020Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
494 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
134 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
461 | USD |
us-gaap |
Interest Paid
InterestPaid
|
0 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
0 | USD | |
CY2021Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
20000 | USD |
CY2021Q4 | us-gaap |
Assets Current
AssetsCurrent
|
134 | USD |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
20352 | USD |
CY2021Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
8359 | USD |
CY2021Q4 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
89943 | USD |
CY2021Q2 | us-gaap |
Due To Related Parties Current
DueToRelatedPartiesCurrent
|
81398 | USD |
CY2021Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
98302 | USD |
CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
85604 | USD |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
64900000 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
64900000 | shares |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
64900 | USD |
CY2021Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
64900 | USD |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
-46010 | USD |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
-46010 | USD |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-117058 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-84142 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-98168 | USD |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-65252 | USD |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
134 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
20352 | USD |
CY2021Q4 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2020Q4 | us-gaap |
Revenues
Revenues
|
0 | USD |
CY2021Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1192 | USD |
CY2020Q4 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3001 | USD |
CY2021Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
23500 | USD |
CY2020Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
6000 | USD |
CY2021Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-24692 | USD |
CY2020Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-9001 | USD |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24692 | USD |
CY2020Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9001 | USD |
CY2021Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2020Q4 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-65252 | USD |
CY2021Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8224 | USD |
CY2021Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-73476 | USD |
CY2021Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-24692 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-98168 | USD |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
34563 | USD |
CY2020Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6762 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2771 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3763 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
30145 | USD | |
us-gaap |
Professional Fees
ProfessionalFees
|
12000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-32916 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-15763 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32916 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15763 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | ||
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
64900000 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
64900000 | shares | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Preparation of the financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect certain reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the period. Accordingly, actual results could differ from those estimates.</p> | ||
CY2021Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
64900000 | shares |
CY2020Q4 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
64900000 | shares |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-32916 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15763 | USD | |
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
8545 | USD | |
us-gaap |
Costs And Expenses Related Party
CostsAndExpensesRelatedParty
|
21798 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
4153 | USD | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
-6101 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-218 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-66 | 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
|
0 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | USD | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 |