$KRFG
OneSolution Technology Inc. Stock $krfg

$krfg Overview Financials Valuation SEC Filings Company Website

2024 Q2 Form 10-K Financial Statement

#000168316824004875 Filed on July 16, 2024

Income Statement

Concept	2024 Q2	2024 Q1	2024
Revenue	$19.19K		$70.30K
YoY Change	50.42%		-64.64%
Cost Of Revenue	$11.51K		$42.18K
YoY Change	50.42%		-39.98%
Gross Profit	$7.676K		$28.12K
YoY Change	50.42%		-78.12%
Gross Profit Margin	40.0%		40.0%
Selling, General & Admin	$103.4K		$495.7K
YoY Change	130.69%		-44.02%
% of Gross Profit	1347.58%		1762.79%
Research & Development	$66.00K		$142.4K
YoY Change			-45.14%
% of Gross Profit	859.82%		506.25%
Depreciation & Amortization	$648.00		$2.588K
YoY Change	0.31%		11.6%
% of Gross Profit	8.44%		9.2%
Operating Expenses	$169.4K		$638.0K
YoY Change	277.88%		-44.28%
Operating Profit	-$161.8K		-$609.9K
YoY Change	307.09%		-40.0%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	$112.00		-$897.6K
YoY Change	-100.11%		200.14%
Pretax Income	-$161.7K		-$1.507M
YoY Change	15.17%		14.59%
Income Tax	$0.00		$0.00
% Of Pretax Income
Net Earnings	-$161.7K		-$1.507M
YoY Change	15.17%		14.59%
Net Earnings / Revenue	-842.42%		-2144.46%
Basic Earnings Per Share	$0.00		$0.00
Diluted Earnings Per Share	$0.00		$0.00
COMMON SHARES
Basic Shares Outstanding	5.784B shares	5.484B shares	5.503B shares
Diluted Shares Outstanding	8.764B shares		8.503B shares

Balance Sheet

Concept	2024 Q2	2024 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$7.049K	$1.556K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses	$80.79K	$83.93K
Receivables		$0.00
Other Receivables
Total Short-Term Assets	$125.6K	$107.7K
YoY Change	-77.09%	-80.11%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.881K	$2.524K
YoY Change	-57.81%	-50.46%
Goodwill
YoY Change
Intangibles	$9.382K	$10.49K
YoY Change	-32.21%	-29.8%
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$11.26K	$13.01K
YoY Change	-97.42%	-97.63%
TOTAL ASSETS
Total Short-Term Assets	$125.6K	$107.7K
Total Long-Term Assets	$11.26K	$13.01K
Total Assets	$136.9K	$120.7K
YoY Change	-86.09%	-88.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$57.74K	$57.62K
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$3.336M	$3.153M
YoY Change	20.81%	15.81%
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	$3.336M	$3.153M
Total Long-Term Liabilities
Total Liabilities	$3.336M	$3.153M
YoY Change	20.81%	15.81%
SHAREHOLDERS EQUITY
Retained Earnings	-$9.553M	-$9.391M
YoY Change	19.05%	19.12%
Common Stock	$578.4K	$563.4K
YoY Change	-89.45%	-89.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$3.199M	-$3.033M
YoY Change
Total Liabilities & Shareholders Equity	$136.9K	$120.7K
YoY Change	-86.09%	-88.92%

Cashflow Statement

Concept	2024 Q2	2024
OPERATING ACTIVITIES
Net Income	-$161.7K	-$1.507M
YoY Change	15.17%	14.59%
Depreciation, Depletion And Amortization	$648.00	$2.588K
YoY Change	0.31%	11.6%
Cash From Operating Activities	-$37.22K	-$284.8K
YoY Change	49.38%	57.51%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities		$0.00
YoY Change		-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	$47.53K	$286.3K
YoY Change	91.84%	72.96%
NET CHANGE
Cash From Operating Activities	-$37.22K	-$284.8K
Cash From Investing Activities		$0.00
Cash From Financing Activities	$47.53K	$286.3K
Net Change In Cash	$5.493K	-$3.355K
YoY Change	-273.5%	-66.29%
FREE CASH FLOW
Cash From Operating Activities	-$37.22K	-$284.8K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2024	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2024	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2024	dei	Entity Central Index Key EntityCentralIndexKey	0000774415
CY2024Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2023Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		usd
CY2024	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories		usd
CY2023	us-gaap	Stock Repurchased During Period Value StockRepurchasedDuringPeriodValue		usd
CY2023	KRFG	Impairment Of Deferred Charges ImpairmentOfDeferredCharges	0	usd
CY2023	KRFG	Impairment Of Deferred Charges ImpairmentOfDeferredCharges	0	usd
CY2024	dei	Document Type DocumentType	10-K
CY2024	dei	Document Annual Report DocumentAnnualReport	true
CY2024	dei	Document Period End Date DocumentPeriodEndDate	2024-03-31
CY2024	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--03-31
CY2024	dei	Document Transition Report DocumentTransitionReport	false
CY2024	dei	Entity File Number EntityFileNumber	000-56396
CY2024	dei	Entity Registrant Name EntityRegistrantName	OneSolution Technology Inc.
CY2024	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2024	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	13-3784149
CY2024	dei	Entity Address Address Line3 EntityAddressAddressLine3	26-28 Au Pui Wan Street
CY2024	dei	Entity Address City Or Town EntityAddressCityOrTown	Fo Tan
CY2024	dei	Entity Address Country EntityAddressCountry	HK
CY2024	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	00000
CY2024	dei	City Area Code CityAreaCode	852
CY2024	dei	Local Phone Number LocalPhoneNumber	3585 8905
CY2024	dei	Security12g Title Security12gTitle	Common Stock, par value $0.0001 per share
CY2024	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2024	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2024	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2024	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2024	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2024	dei	Entity Small Business EntitySmallBusiness	true
CY2024	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2024	dei	Icfr Auditor Attestation Flag IcfrAuditorAttestationFlag	false
CY2024	dei	Document Fin Stmt Error Correction Flag DocumentFinStmtErrorCorrectionFlag	false
CY2024Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	5784167213	shares
CY2023Q3	dei	Entity Public Float EntityPublicFloat	2193667	usd
CY2024	dei	Auditor Name AuditorName	J&S Associate PLT
CY2024	dei	Auditor Firm AuditorFirmId	6743
CY2024	dei	Auditor Location AuditorLocation	Kuala Lumpur, Malaysia
CY2024Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	1556	usd
CY2023Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4911	usd
CY2024Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	0	usd
CY2023Q1	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	19078	usd
CY2024Q1	us-gaap	Deferred Finance Costs Current Net DeferredFinanceCostsCurrentNet	0	usd
CY2023Q1	us-gaap	Deferred Finance Costs Current Net DeferredFinanceCostsCurrentNet	402500	usd
CY2024Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	83926	usd
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	94220	usd
CY2024Q1	us-gaap	Deposit Assets DepositAssets	22224	usd
CY2023Q1	us-gaap	Deposit Assets DepositAssets	20751	usd
CY2024Q1	us-gaap	Assets Current AssetsCurrent	107706	usd
CY2023Q1	us-gaap	Assets Current AssetsCurrent	541460	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2524	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5095	usd
CY2024Q1	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	0	usd
CY2023Q1	us-gaap	Deferred Finance Costs Noncurrent Net DeferredFinanceCostsNoncurrentNet	495299	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	32705	usd
CY2024Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	10486	usd
CY2023Q1	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	14937	usd
CY2024Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	13010	usd
CY2023Q1	us-gaap	Assets Noncurrent AssetsNoncurrent	548036	usd
CY2024Q1	us-gaap	Assets Assets	120716	usd
CY2023Q1	us-gaap	Assets Assets	1089496	usd
CY2024Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	241158	usd
CY2023Q1	us-gaap	Accounts Payable And Other Accrued Liabilities Current AccountsPayableAndOtherAccruedLiabilitiesCurrent	253942	usd
CY2024Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	432000	usd
CY2023Q1	us-gaap	Accrued Professional Fees Current AccruedProfessionalFeesCurrent	300000	usd
CY2024Q1	us-gaap	Customer Advances Current CustomerAdvancesCurrent	287567	usd
CY2023Q1	us-gaap	Customer Advances Current CustomerAdvancesCurrent	286639	usd
CY2024Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	2192568	usd
CY2023Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	1848612	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	0	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	33638	usd
CY2024Q1	us-gaap	Liabilities Current LiabilitiesCurrent	3153293	usd
CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	2722831	usd
CY2024Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2023Q1	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	usd
CY2024Q1	us-gaap	Liabilities Liabilities	3153293	usd
CY2023Q1	us-gaap	Liabilities Liabilities	2722831	usd
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	36000000000	shares
CY2023Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	36000000000	shares
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5634167213	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5634167213	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5484167213	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5484167213	shares
CY2024Q1	us-gaap	Common Stock Value CommonStockValue	563417	usd
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	548417	usd
CY2024Q1	KRFG	Common Stock To Be Issued CommonStockToBeIssued	15000	usd
CY2023Q1	KRFG	Common Stock To Be Issued CommonStockToBeIssued	0	usd
CY2024Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5750885	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5666885	usd
CY2024Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-409	usd
CY2023Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	5364	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-9391470	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-7884001	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	-3032577	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-1633335	usd
CY2024Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	120716	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	1089496	usd
CY2024	us-gaap	Revenues Revenues	70296	usd
CY2023	us-gaap	Revenues Revenues	198816	usd
CY2024	us-gaap	Cost Of Revenue CostOfRevenue	42177	usd
CY2023	us-gaap	Cost Of Revenue CostOfRevenue	70275	usd
CY2024	us-gaap	Gross Profit GrossProfit	28119	usd
CY2023	us-gaap	Gross Profit GrossProfit	128541	usd
CY2024	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	142353	usd
CY2023	us-gaap	Research And Development Expense ResearchAndDevelopmentExpense	259502	usd
CY2024	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	183428	usd
CY2023	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	355920	usd
CY2024	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	312252	usd
CY2023	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	529578	usd
CY2024	us-gaap	Operating Expenses OperatingExpenses	638033	usd
CY2023	us-gaap	Operating Expenses OperatingExpenses	1145000	usd
CY2024	us-gaap	Interest Expense Other InterestExpenseOther	897943	usd
CY2023	us-gaap	Interest Expense Other InterestExpenseOther	309701	usd
CY2024	us-gaap	Interest And Other Income InterestAndOtherIncome	5	usd
CY2023	us-gaap	Interest And Other Income InterestAndOtherIncome	40	usd
CY2024	us-gaap	Inventory Write Down InventoryWriteDown	-0	usd
CY2023	us-gaap	Inventory Write Down InventoryWriteDown	751	usd
CY2024	KRFG	Subsidy Income SubsidyIncome	0	usd
CY2023	KRFG	Subsidy Income SubsidyIncome	9186	usd
CY2024	KRFG	Sundry Income SundryIncome	383	usd
CY2023	KRFG	Sundry Income SundryIncome	2177	usd
CY2024	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-897555	usd
CY2023	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-299049	usd
CY2024	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1507469	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1315508	usd
CY2024	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2023	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
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CY2023	us-gaap	Net Income Loss NetIncomeLoss	-1315508	usd
CY2024	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-5773	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	7471	usd
CY2024	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1513242	usd
CY2023	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1308037	usd
CY2024	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2024	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2024	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5503071323	shares
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5306357404	shares
CY2024	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8503071323	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8306357404	shares
CY2024	us-gaap	Net Income Loss NetIncomeLoss	-1507469	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-1315508	usd
CY2024	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	35400	usd
CY2023	us-gaap	Other Depreciation And Amortization OtherDepreciationAndAmortization	41621	usd
CY2024	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4499	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4490	usd
CY2024	us-gaap	Other Noncash Expense OtherNoncashExpense	761	usd
CY2023	us-gaap	Other Noncash Expense OtherNoncashExpense	2678	usd
CY2024	us-gaap	Other Amortization Of Deferred Charges OtherAmortizationOfDeferredCharges	897799	usd
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CY2024	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	114000	usd
CY2023	us-gaap	Issuance Of Stock And Warrants For Services Or Claims IssuanceOfStockAndWarrantsForServicesOrClaims	200000	usd
CY2023	KRFG	Increase Decrease In Accounts Receivable Related Party IncreaseDecreaseInAccountsReceivableRelatedParty	0	usd
CY2024	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-19078	usd
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CY2023	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-17617	usd
CY2024	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	-8821	usd
CY2023	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	56183	usd
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CY2023	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	375189	usd
CY2024	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	59212	usd
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CY2024	KRFG	Increase Decrease In Accrued Consulting And Service Fees IncreaseDecreaseInAccruedConsultingAndServiceFees	132000	usd
CY2023	KRFG	Increase Decrease In Accrued Consulting And Service Fees IncreaseDecreaseInAccruedConsultingAndServiceFees	300000	usd
CY2024	KRFG	Increase Decrease In Rightofuse Assets And Lease Liabilities IncreaseDecreaseInRightofuseAssetsAndLeaseLiabilities	34509	usd
CY2023	KRFG	Increase Decrease In Rightofuse Assets And Lease Liabilities IncreaseDecreaseInRightofuseAssetsAndLeaseLiabilities	41335	usd
CY2024	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-284789	usd
CY2023	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-180808	usd
CY2024	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	-0	usd
CY2023	us-gaap	Payments To Acquire Oil And Gas Property And Equipment PaymentsToAcquireOilAndGasPropertyAndEquipment	2216	usd
CY2024	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	0	usd
CY2023	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-2216	usd
CY2024	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	286341	usd
CY2023	us-gaap	Proceeds From Repayments Of Related Party Debt ProceedsFromRepaymentsOfRelatedPartyDebt	165549	usd
CY2024	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	286341	usd
CY2023	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	165549	usd
CY2024	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-4907	usd
CY2023	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7522	usd
CY2024	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-3355	usd
CY2023	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-9953	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4911	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	14864	usd
CY2024Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1556	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	4911	usd
CY2024	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2023	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
CY2024	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2023	us-gaap	Interest Paid Net InterestPaidNet	0	usd
CY2024	KRFG	Lease Obligation And Rightofuse Asset LeaseObligationAndRightofuseAsset	0	usd
CY2023	KRFG	Lease Obligation And Rightofuse Asset LeaseObligationAndRightofuseAsset	33638	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-1732798	usd
CY2023	KRFG	Commitment Shares Issued Value CommitmentSharesIssuedValue	1207500	usd
CY2023	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	200000	usd
CY2023	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	7471	usd
CY2023	us-gaap	Net Income Loss NetIncomeLoss	-1315508	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-1633335	usd
CY2024	us-gaap	Stock Issued During Period Value Issued For Services StockIssuedDuringPeriodValueIssuedForServices	114000	usd
CY2024	us-gaap	Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax	-5773	usd
CY2024	us-gaap	Net Income Loss NetIncomeLoss	-1507469	usd
CY2024Q1	us-gaap	Stockholders Equity StockholdersEquity	-3032577	usd
CY2024	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_84B_eus-gaap--UseOfEstimates_zOP4M0qInUti" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"> <tr style="vertical-align: top"> <td style="width: 3px"> </td> <td style="width: 39px"><span style="font-family: Symbol; font-size: 10pt">·</span></td> <td style="text-align: justify"><span style="font-size: 10pt"><span id="xdx_862_zUP1JAoWr1T2">Use of estimates and assumptions</span></span></td></tr> </table> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In preparing these consolidated financial statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities in the balance sheet and revenues and expenses during the years reported. Actual results may differ from these estimates. If actual results significantly differ from the Company’s estimates, the Company’s financial condition and results of operations could be materially impacted. Significant estimates in the year include the valuation and useful lives of intangible assets and deferred tax valuation allowance.</p>
CY2024Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2023Q1	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	0	usd
CY2024	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2023	us-gaap	Impairment Of Intangible Assets Finitelived ImpairmentOfIntangibleAssetsFinitelived	0	usd
CY2024	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2023	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0	usd
CY2024	us-gaap	Adjustment For Amortization AdjustmentForAmortization	402500	usd
CY2023	us-gaap	Adjustment For Amortization AdjustmentForAmortization	309701	usd
CY2024	KRFG	Impairment Of Deferred Charges ImpairmentOfDeferredCharges	495298	usd
CY2024Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-9391470	usd
CY2024Q1	KRFG	Foreign Translation Difference Property And Equipment ForeignTranslationDifferencePropertyAndEquipment	177	usd
CY2023Q1	KRFG	Foreign Translation Difference Property And Equipment ForeignTranslationDifferencePropertyAndEquipment	-129	usd
CY2024Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	54790	usd
CY2023Q1	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	54613	usd
CY2024Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	52106	usd
CY2023Q1	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	49637	usd
CY2024Q1	KRFG	Property Plant And Equipment Accumulated Depreciation Foreign Translation Difference PropertyPlantAndEquipmentAccumulatedDepreciationForeignTranslationDifference	-160	usd
CY2023Q1	KRFG	Property Plant And Equipment Accumulated Depreciation Foreign Translation Difference PropertyPlantAndEquipmentAccumulatedDepreciationForeignTranslationDifference	119	usd
CY2024Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	2524	usd
CY2023Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5095	usd
CY2024	us-gaap	Depreciation Depreciation	2588	usd
CY2023	us-gaap	Depreciation Depreciation	2319	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-13254	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-8799	usd
CY2024Q1	KRFG	Foreign Translation Adjustment Intangible Assets ForeignTranslationAdjustmentIntangibleAssets	48	usd
CY2023Q1	KRFG	Foreign Translation Adjustment Intangible Assets ForeignTranslationAdjustmentIntangibleAssets	-168	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10486	usd
CY2023Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	14937	usd
CY2024	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4499	usd
CY2023	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	4490	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	4498	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	4498	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	255	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	255	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	255	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	725	usd
CY2024Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	10486	usd
CY2024Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	2192568	usd
CY2023Q1	KRFG	Amounts Due To Related Parties AmountsDueToRelatedParties	1848612	usd
CY2024Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	usd
CY2023Q1	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	32705	usd
CY2024Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	0	usd
CY2023Q1	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	33638	usd
CY2024Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	0	usd
CY2023Q1	us-gaap	Operating Lease Liability OperatingLeaseLiability	33638	usd
CY2024Q1	us-gaap	Operating Lease Weighted Average Discount Rate Percent OperatingLeaseWeightedAverageDiscountRatePercent	0.05	pure
CY2024	KRFG	Operating Lease Interest Expense OperatingLeaseInterestExpense	761	usd
CY2023	KRFG	Operating Lease Interest Expense OperatingLeaseInterestExpense	2678	usd
CY2024Q1	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	1207500	usd
CY2023Q1	us-gaap	Deferred Finance Costs Gross DeferredFinanceCostsGross	1207500	usd
CY2024Q1	KRFG	Impairment Of Deferred Charges1 ImpairmentOfDeferredCharges1	495298	usd
CY2023Q1	KRFG	Impairment Of Deferred Charges1 ImpairmentOfDeferredCharges1	-0	usd
CY2024Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	712202	usd
CY2023Q1	us-gaap	Accumulated Amortization Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts	309701	usd
CY2024Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	0	usd
CY2023Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	897799	usd
CY2024	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	402500	usd
CY2023	us-gaap	Amortization Of Deferred Charges AmortizationOfDeferredCharges	309701	usd
CY2024	KRFG	Impairment Of Deferred Charges ImpairmentOfDeferredCharges	495298	usd
CY2024Q1	us-gaap	Capital Units Authorized CapitalUnitsAuthorized	36100000000	shares
CY2024Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	36000000000	shares
CY2024Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2024Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5634167213	shares
CY2024Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5634167213	shares
CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	5484167213	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	5484167213	shares
CY2024Q1	KRFG	Common Stock To Be Issued Shares CommonStockToBeIssuedShares	150000000	shares
CY2024	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1507469	usd
CY2023	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1315508	usd
CY2024	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5503071323	shares
CY2023	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	5306357404	shares
CY2024	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8503071323	shares
CY2023	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	8306357404	shares
CY2024	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2023	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2024	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2023	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2024	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-1507469	usd
CY2023	us-gaap	Income Loss From Continuing Operations Before Income Taxes Foreign IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign	-1315508	usd
CY2024Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Us Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsUsTaxRegime	399210	usd
CY2023Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Us Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsUsTaxRegime	157990	usd
CY2024Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Hong Kong Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsHongKongTaxRegime	313096	usd
CY2023Q1	KRFG	Deferred Tax Assets Operating Loss Carryforwards Hong Kong Tax Regime DeferredTaxAssetsOperatingLossCarryforwardsHongKongTaxRegime	295848	usd
CY2024Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	712306	usd
CY2023Q1	us-gaap	Deferred Tax Assets Valuation Allowance DeferredTaxAssetsValuationAllowance	453838	usd
CY2024Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2023Q1	us-gaap	Deferred Tax Assets Net DeferredTaxAssetsNet	0	usd
CY2024	ecd	Rule10b51 Arr Adopted Flag Rule10b51ArrAdoptedFlag	false
CY2024	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false
CY2024	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2024	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false

Files In Submission

Name	View Source	Status
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0001683168-24-004875-index.html	Edgar Link	pending
0001683168-24-004875.txt	Edgar Link	pending
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image_001.jpg	Edgar Link	pending
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report.css	Edgar Link	pending
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$KRFG
OneSolution Technology Inc. Stock $krfg

2024 Q2 Form 10-K Financial Statement

#000168316824004875 Filed on July 16, 2024

Income Statement

Balance Sheet

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Facts In Submission

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$KRFG OneSolution Technology Inc. Stock $krfg

2024 Q2 Form 10-K Financial Statement

#000168316824004875 Filed on July 16, 2024

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KRFG
OneSolution Technology Inc. Stock $krfg