2024 Q2 Form 10-Q Financial Statement
#000149315224023785 Filed on June 14, 2024
Income Statement
Concept | 2024 Q2 | 2023 Q4 | 2022 Q4 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $10.77K | $16.79K | |
YoY Change | -35.85% | 101.32% | |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $10.77K | $16.79K | |
YoY Change | -35.85% | 101.32% | |
Operating Profit | -$10.77K | -$16.79K | |
YoY Change | -35.87% | 101.23% | |
Interest Expense | $0.00 | ||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | -$4.00 | ||
YoY Change | |||
Pretax Income | -$10.77K | -$16.80K | |
YoY Change | -35.89% | 101.38% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$10.77K | -$16.80K | |
YoY Change | -35.89% | 101.38% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | $0.00 | $0.00 | |
COMMON SHARES | |||
Basic Shares Outstanding | 50.32M shares | 50.32M shares | 50.32M shares |
Diluted Shares Outstanding | 50.32M shares | 50.32M shares |
Balance Sheet
Concept | 2024 Q2 | 2023 Q4 | 2022 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $840.00 | $360.00 | |
YoY Change | 133.33% | ||
Cash & Equivalents | $842.00 | $842.00 | $356.00 |
Short-Term Investments | |||
Other Short-Term Assets | $510.00 | $510.00 | |
YoY Change | 0.0% | ||
Inventory | |||
Prepaid Expenses | $509.00 | $509.00 | |
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $1.350K | $870.00 | |
YoY Change | 55.17% | ||
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 | $1.00 | -$5.00 | |
YoY Change | -120.0% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $1.350K | $870.00 | |
Total Long-Term Assets | $1.00 | -$5.00 | |
Total Assets | $842.00 | $1.351K | $865.00 |
YoY Change | -61.5% | 56.18% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $14.03K | $12.21K | |
YoY Change | 14.91% | -87.2% | |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $91.45K | $38.18K | |
YoY Change | 139.52% | -63.11% | |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $91.45K | $38.18K | |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $137.7K | $91.45K | $38.18K |
YoY Change | 84.18% | 139.53% | -63.11% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$6.572M | -$6.525M | -$6.472M |
YoY Change | 0.99% | 0.82% | |
Common Stock | $5.032K | $5.032K | $5.032K |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$136.9K | -$90.10K | -$37.31K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $842.00 | $1.351K | $865.00 |
YoY Change | -61.5% | 56.18% |
Cashflow Statement
Concept | 2024 Q2 | 2023 Q4 | 2022 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$10.77K | -$16.80K | |
YoY Change | -35.89% | 101.38% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$32.24K | -$4.100K | |
YoY Change | 686.34% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
YoY Change | |||
Cash From Investing Activities | |||
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 | 32.25K | 0.000 | |
YoY Change | |||
NET CHANGE | |||
Cash From Operating Activities | -32.24K | -4.100K | |
Cash From Investing Activities | |||
Cash From Financing Activities | 32.25K | 0.000 | |
Net Change In Cash | 10.00 | -4.100K | |
YoY Change | -100.24% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | -$32.24K | -$4.100K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | ||
CY2023Q4 | LGYV |
Bank Charges And Other
BankChargesAndOther
|
usd | |
LGYV |
Bank Charges And Other
BankChargesAndOther
|
usd | ||
CY2023Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
usd | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
usd | ||
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
CY2023Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
509 | usd |
CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50315064 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50315064 | shares |
CY2023Q4 | us-gaap |
Assets
Assets
|
1351 | usd |
CY2023Q2 | us-gaap |
Assets
Assets
|
2187 | usd |
CY2023Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
14031 | usd |
CY2022Q4 | us-gaap |
Professional Fees
ProfessionalFees
|
11339 | usd |
us-gaap |
Professional Fees
ProfessionalFees
|
11000 | usd | |
us-gaap |
Professional Fees
ProfessionalFees
|
19635 | usd | |
CY2023Q4 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
5268 | usd |
CY2022Q4 | us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
5452 | usd |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
6512 | usd | |
us-gaap |
Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
|
6823 | usd | |
CY2023Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2023Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
1678 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
509 | usd |
CY2022Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-16791 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17512 | usd | |
CY2023Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
842 | usd |
CY2023Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
38602 | usd |
CY2023Q4 | us-gaap |
Liabilities
Liabilities
|
91446 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50315064 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50315064 | shares |
CY2023Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
5032 | usd |
CY2023Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
6429771 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6524898 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-90095 | usd |
CY2023Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1351 | usd |
CY2022Q4 | LGYV |
Bank Charges And Other
BankChargesAndOther
|
-4 | usd |
LGYV |
Bank Charges And Other
BankChargesAndOther
|
-150 | usd | |
CY2022Q4 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-4 | usd |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-150 | usd | |
CY2023Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-10768 | usd |
CY2022Q4 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-16795 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-17512 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26608 | usd | |
CY2023Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2023Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2022Q4 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2022Q4 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
CY2023Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50315064 | shares |
CY2023Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50315064 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50315064 | shares |
CY2022Q4 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50315064 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50315064 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50315064 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
50315064 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
50315064 | shares | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-10704 | usd |
CY2022Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9813 | usd |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-37312 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-72583 | usd |
CY2023Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-6744 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-79327 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-79327 | usd |
CY2023Q4 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-10768 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-90095 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-90095 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-17512 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-26608 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
509 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-24571 | usd | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8041 | usd | |
CY2023Q4 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-10768 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-26458 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-42083 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-35158 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
41247 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
14497 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
41247 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
14497 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-836 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-20661 | usd | |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
1678 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
21017 | usd |
CY2023Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
842 | usd |
CY2022Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
356 | usd |
CY2023Q4 | LGYV |
Working Capital Deficit
WorkingCapitalDeficit
|
90095 | usd |
CY2023Q2 | LGYV |
Working Capital Deficit
WorkingCapitalDeficit
|
72583 | usd |
CY2023Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6524898 | usd |
CY2023Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-6507386 | usd |
CY2023Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2023Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2023Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50315064 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
50315064 | shares |
CY2023Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50315064 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
50315064 | shares |