2022 Q3 Form 10-Q Financial Statement

#000175337322000007 Filed on July 14, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $23.36K $12.77K
YoY Change
Operating Profit -$23.36K -$12.77K
YoY Change
Interest Expense $23.36K $12.77K
YoY Change 1291.54% 593.27%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $23.36K -$12.77K $11.50K
YoY Change 1291.54% 593.27%
Income Tax
% Of Pretax Income
Net Earnings -$23.36K -$12.77K -$11.50K
YoY Change 593.27%
Net Earnings / Revenue
Basic Earnings Per Share $0.00 $0.00 $0.00
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 5.092M shares 5.092M shares 5.092M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $114.00 $114.00 $114.00
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $13.97K $18.85K
Receivables
Other Receivables
Total Short-Term Assets $14.08K $18.97K
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 $6.370K $0.00
YoY Change
TOTAL ASSETS
Total Short-Term Assets $14.08K $18.97K
Total Long-Term Assets $6.370K $0.00
Total Assets $20.45K $18.97K
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.869K $2.783K
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 $88.64K $63.80K
YoY Change
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 $88.64K $63.80K
Total Long-Term Liabilities
Total Liabilities $88.64K $63.80K
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings $105.0K $81.59K
YoY Change
Common Stock $5.092K $5.092K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$68.19K -$44.83K -$32.06K
YoY Change
Total Liabilities & Shareholders Equity $20.45K $18.97K
YoY Change

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income -$23.36K -$12.77K -$11.50K
YoY Change 593.27%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $1.619K
YoY Change
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 $1.619K
YoY Change
NET CHANGE
Cash From Operating Activities $1.619K
Cash From Investing Activities
Cash From Financing Activities $1.619K
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities $1.619K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2783 usd
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
1619 usd
CY2022Q2 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
21000 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
usd
CY2022Q2 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
40013 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
usd
dei Document Transition Report
DocumentTransitionReport
false
us-gaap Interest Paid
InterestPaid
usd
dei Entity Central Index Key
EntityCentralIndexKey
0001753373
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--11-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2021Q4 us-gaap Accrued Payroll Taxes Current
AccruedPayrollTaxesCurrent
usd
CY2022Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
usd
CY2021Q2 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
usd
us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
IncomeTaxExpenseBenefitContinuingOperationsAdjustmentOfDeferredTaxAssetLiability
usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
usd
us-gaap Interest Paid
InterestPaid
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
us-gaap Income Taxes Paid
IncomeTaxesPaid
usd
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-05-31
dei Entity File Number
EntityFileNumber
333-229748
dei Entity Registrant Name
EntityRegistrantName
INKY INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
37-1904036
dei Entity Address Address Line1
EntityAddressAddressLine1
36 Aigyptou Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Larnaca
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
6030
dei Entity Address Country
EntityAddressCountry
CY
dei City Area Code
CityAreaCode
357
dei Local Phone Number
LocalPhoneNumber
25057246
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
No
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Small Business
EntitySmallBusiness
true
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Entity Ex Transition Period
EntityExTransitionPeriod
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
5092023 shares
CY2021Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-1842 usd
CY2021Q4 us-gaap Loans And Leases Receivable Related Parties
LoansAndLeasesReceivableRelatedParties
38394 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-24271 usd
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-4539 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
63796 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24271 usd
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5092023 shares
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5032996 shares
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4539 usd
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
40013 usd
CY2022Q2 us-gaap Liabilities
Liabilities
63796 usd
CY2021Q4 us-gaap Liabilities
Liabilities
40013 usd
CY2022Q2 us-gaap Interest Expense
InterestExpense
12770 usd
CY2021Q2 us-gaap Interest Expense
InterestExpense
1842 usd
us-gaap Interest Expense
InterestExpense
24271 usd
us-gaap Interest Expense
InterestExpense
4539 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
114 usd
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
114 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-12770 usd
CY2022Q2 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
18854 usd
CY2021Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
19342 usd
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-1842 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
18968 usd
CY2021Q4 us-gaap Assets Current
AssetsCurrent
19456 usd
CY2022Q2 us-gaap Assets
Assets
18968 usd
CY2021Q4 us-gaap Assets
Assets
19456 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-24271 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-4539 usd
CY2022Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-12770 usd
CY2022Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12770 usd
CY2021Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1842 usd
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
5092 usd
CY2021Q4 us-gaap Common Stock Value
CommonStockValue
5092 usd
CY2022Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
31668 usd
CY2021Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
31668 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
81588 usd
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
57317 usd
CY2022Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
44828 usd
CY2021Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
20557 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
18968 usd
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19456 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
5092023 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4956248 shares
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2020Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
4654200 usd
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-15854 usd
CY2021Q1 us-gaap Stock Issued During Period Shares Period Increase Decrease
StockIssuedDuringPeriodSharesPeriodIncreaseDecrease
370156 shares
CY2021Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11104 usd
CY2021Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2697 usd
CY2021Q1 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
5024356 usd
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-7447 usd
CY2021Q2 us-gaap Stock Issued During Period Shares Period Increase Decrease
StockIssuedDuringPeriodSharesPeriodIncreaseDecrease
67667 shares
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2030 usd
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
-1842 usd
CY2021Q2 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
5092023 usd
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
-7259 usd
CY2021Q4 us-gaap Shares Outstanding
SharesOutstanding
5092023 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-20557 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-11501 usd
CY2022Q1 us-gaap Shares Outstanding
SharesOutstanding
5092023 shares
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
-32058 usd
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
-12770 usd
CY2022Q2 us-gaap Shares Outstanding
SharesOutstanding
5092023 shares
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-44828 usd
us-gaap Net Investment Income
NetInvestmentIncome
-24271 usd
us-gaap Net Investment Income
NetInvestmentIncome
-4539 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-488 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
18475 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
21000 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1164 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1619 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23014 usd
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
13134 usd
us-gaap Loans And Leases Receivable Related Parties Period Increase Decrease
LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease
1619 usd
us-gaap Loans And Leases Receivable Related Parties Period Increase Decrease
LoansAndLeasesReceivableRelatedPartiesPeriodIncreaseDecrease
199 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1619 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
13333 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-9681 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
114 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
11312 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
114 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1631 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_842_eus-gaap--UseOfEstimates_znkmgMgrjO7f" style="font: 12pt/12pt Times New Roman, Times, Serif; margin: 12pt 0 0; text-align: justify; background-color: white"><b><i><span id="xdx_865_z6KqiU4hKBk1">Use of Estimates</span></i></b></p> <p style="font: 12pt/12pt Times New Roman, Times, Serif; margin: 8pt 0 0; text-align: justify; text-indent: 24pt; background-color: white">The preparation of financial statements in conformity with U.S. GAAP requires the Company’s 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 revenues and expenses during the reporting period. Actual results could differ from those estimates.</p>
CY2022Q2 us-gaap Due To Related Parties Current
DueToRelatedPartiesCurrent
40013 usd
us-gaap Payments To Develop Software
PaymentsToDevelopSoftware
18800 usd
us-gaap Proceeds From License Fees Received
ProceedsFromLicenseFeesReceived
217 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
19017 usd

Files In Submission

Name View Source Status
0001753373-22-000007-index-headers.html Edgar Link pending
0001753373-22-000007-index.html Edgar Link pending
0001753373-22-000007.txt Edgar Link pending
0001753373-22-000007-xbrl.zip Edgar Link pending
ex31.htm Edgar Link pending
ex32.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
inki-20220531.xsd Edgar Link pending
inki-20220531_cal.xml Edgar Link unprocessable
inki-20220531_def.xml Edgar Link unprocessable
inki-20220531_lab.xml Edgar Link unprocessable
inki-20220531_pre.xml Edgar Link unprocessable
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R2.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
report10qmay2022.htm Edgar Link pending
report10qmay2022_htm.xml Edgar Link completed
Show.js Edgar Link pending