2022 Q3 Form 10-K Financial Statement
#000149315222026974 Filed on September 28, 2022
Income Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
Revenue | $0.00 | ||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $74.32K | $71.15K | $564.0K |
YoY Change | -35.34% | -59.34% | -69.41% |
% of Gross Profit | |||
Research & Development | $0.00 | $0.00 | |
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $74.32K | $71.15K | $564.0K |
YoY Change | -35.34% | -59.34% | -69.41% |
Operating Profit | |||
YoY Change | |||
Interest Expense | -$20.56K | -$25.85K | -$62.37K |
YoY Change | 203.69% | 285.82% | 285.48% |
% of Operating Profit | |||
Other Income/Expense, Net | -$20.56K | -$62.37K | |
YoY Change | 203.59% | 285.56% | |
Pretax Income | -$94.87K | -$97.00K | -$626.4K |
YoY Change | -22.05% | -46.61% | -66.32% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$94.87K | -$97.00K | -$626.4K |
YoY Change | -22.05% | -46.61% | -66.32% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | -$0.01 | |
Diluted Earnings Per Share | -$1.553K | -$1.606K | -$10.83K |
COMMON SHARES | |||
Basic Shares Outstanding | 61.27M shares | 57.86M shares | |
Diluted Shares Outstanding | 61.07M shares | 57.86M shares |
Balance Sheet
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $101.2K | $116.9K | $116.9K |
YoY Change | 2641.19% | 548.0% | 548.0% |
Cash & Equivalents | $101.1K | $116.9K | |
Short-Term Investments | |||
Other Short-Term Assets | $3.810K | $7.620K | $7.620K |
YoY Change | 1.6% | 1.6% | 1.6% |
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $105.0K | $124.5K | $124.5K |
YoY Change | 1310.73% | 387.54% | 387.55% |
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 | $0.00 | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $105.0K | $124.5K | $124.5K |
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $105.0K | $124.5K | $124.5K |
YoY Change | 1310.73% | 387.54% | 387.55% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $25.70K | $20.40K | $20.40K |
YoY Change | 184.61% | 219.75% | 219.75% |
Accrued Expenses | $45.00K | $45.00K | $45.00K |
YoY Change | 125.0% | 125.0% | 125.0% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $194.9K | $176.7K | $176.7K |
YoY Change | 959.08% | 1265.77% | 1265.77% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $265.6K | $242.1K | $242.1K |
YoY Change | 459.9% | 515.78% | 515.77% |
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 | $265.6K | $242.1K | $242.1K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $265.6K | $242.1K | $242.1K |
YoY Change | 459.9% | 515.78% | 515.77% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$11.03M | -$10.93M | |
YoY Change | 6.08% | ||
Common Stock | $6.127K | $6.052K | |
YoY Change | 8.52% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$160.6K | -$117.6K | -$117.6K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $105.0K | $124.5K | $124.5K |
YoY Change | 1310.73% | 387.54% | 387.55% |
Cashflow Statement
Concept | 2022 Q3 | 2022 Q2 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$94.87K | -$97.00K | -$626.4K |
YoY Change | -22.05% | -46.61% | -66.32% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$15.75K | -$23.32K | -$75.14K |
YoY Change | 9.76% | -28.29% | -17.2% |
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 | ||
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 | $174.0K | |
YoY Change | -100.0% | 77.55% | |
NET CHANGE | |||
Cash From Operating Activities | -$15.75K | -23.32K | -$75.14K |
Cash From Investing Activities | 0.000 | ||
Cash From Financing Activities | 0.000 | $174.0K | |
Net Change In Cash | -$15.75K | -23.32K | $98.86K |
YoY Change | 86.26% | 1263.54% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$15.75K | -$23.32K | -$75.14K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
shares | |
CY2022 | NXEN |
Shares Issued For Settlement Of Accounts Payable
SharesIssuedForSettlementOfAccountsPayable
|
usd | |
CY2022 | us-gaap |
Stock Issued1
StockIssued1
|
usd | |
CY2021 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
shares | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
shares | |
CY2022 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001625288 | |
CY2022 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2022 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2021Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
usd | |
CY2022Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2021Q2 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
usd | |
CY2022Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2021Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
usd | |
CY2022Q2 | NXEN |
Common Stock Subject To Forfeiture
CommonStockSubjectToForfeiture
|
usd | |
CY2022 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
usd | |
CY2021 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
usd | |
CY2022 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
usd | |
CY2021 | NXEN |
Fair Value Of Warrants Issued
FairValueOfWarrantsIssued
|
usd | |
CY2021 | NXEN |
Imputed Interest On Related Party Advances
ImputedInterestOnRelatedPartyAdvances
|
usd | |
CY2021 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
usd | |
CY2022 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | |
CY2022 | NXEN |
Proceeds From Convertible Debt Related Party
ProceedsFromConvertibleDebtRelatedParty
|
usd | |
CY2021 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
usd | |
CY2021 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
usd | |
CY2021 | NXEN |
Shares Issued To Officers For Services
SharesIssuedToOfficersForServices
|
usd | |
CY2021 | NXEN |
Discount On Convertible Debt
DiscountOnConvertibleDebt
|
usd | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
shares | |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
shares | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
shares | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
shares | |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExpirations
|
shares | |
CY2022Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2021Q2 | us-gaap |
Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
|
usd | |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
usd | |
CY2022 | dei |
Document Type
DocumentType
|
10-K | |
CY2022 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2022 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-06-30 | |
CY2022 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2022 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2022 | |
CY2022 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2022 | dei |
Entity File Number
EntityFileNumber
|
000-55320 | |
CY2022 | dei |
Entity Registrant Name
EntityRegistrantName
|
NEXIEN BIOPHARMA, INC. | |
CY2022 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2022 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
26-2049376 | |
CY2022 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
4340 East Kentucky Avenue | |
CY2022 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 206 | |
CY2022 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Glendale | |
CY2022 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
CO | |
CY2022 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
80246 | |
CY2022 | dei |
City Area Code
CityAreaCode
|
303 | |
CY2022 | dei |
Local Phone Number
LocalPhoneNumber
|
495-7583 | |
CY2022 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2022 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2022 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2022 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2022 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2022 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2022 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | |
CY2022 | dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | |
CY2022 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
false | |
CY2022 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2021Q4 | dei |
Entity Public Float
EntityPublicFloat
|
1702974 | usd |
CY2022Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
61272196 | shares |
CY2022 | dei |
Auditor Firm
AuditorFirmId
|
2738 | |
CY2022 | dei |
Auditor Name
AuditorName
|
M&K CPAS, PLLC | |
CY2022 | dei |
Auditor Location
AuditorLocation
|
Houston, TX | |
CY2022Q2 | us-gaap |
Cash
Cash
|
116898 | usd |
CY2021Q2 | us-gaap |
Cash
Cash
|
18041 | usd |
CY2022Q2 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
7620 | usd |
CY2021Q2 | us-gaap |
Other Prepaid Expense Current
OtherPrepaidExpenseCurrent
|
7500 | usd |
CY2022Q2 | us-gaap |
Assets Current
AssetsCurrent
|
124518 | usd |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
25541 | usd |
CY2022Q2 | us-gaap |
Assets
Assets
|
124518 | usd |
CY2021Q2 | us-gaap |
Assets
Assets
|
25541 | usd |
CY2022Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
20395 | usd |
CY2021Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
6375 | usd |
CY2022Q2 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
45000 | usd |
CY2021Q2 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
20000 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
30452 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
52059 | usd |
CY2022Q2 | NXEN |
Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
|
34548 | usd |
CY2021Q2 | NXEN |
Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
|
12941 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
28274 | usd |
CY2022Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
142180 | usd |
CY2022Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
242123 | usd |
CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
39316 | usd |
CY2022Q2 | us-gaap |
Liabilities
Liabilities
|
242123 | usd |
CY2021Q2 | us-gaap |
Liabilities
Liabilities
|
39316 | usd |
CY2022Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2021Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2022Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2021Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2022Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2021Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
200000000 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
60522196 | shares |
CY2022Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
60522196 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
55772196 | shares |
CY2021Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
55772196 | shares |
CY2022Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
6052 | usd |
CY2021Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
5577 | usd |
CY2022Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
10759051 | usd |
CY2021Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
10476004 | usd |
CY2022Q2 | NXEN |
Stock Payable
StockPayable
|
50750 | usd |
CY2021Q2 | NXEN |
Stock Payable
StockPayable
|
35000 | usd |
CY2021Q2 | NXEN |
Common Stock Subject To Forfeiture
CommonStockSubjectToForfeiture
|
-223255 | usd |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10933458 | usd |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10307101 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-117605 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13775 | usd |
CY2022Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
124518 | usd |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
25541 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
33230 | usd |
CY2021 | us-gaap |
Professional Fees
ProfessionalFees
|
43710 | usd |
CY2022 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
530762 | usd |
CY2021 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1800057 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
563992 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
1843767 | usd |
CY2022 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
17945 | usd |
CY2021 | us-gaap |
Interest Expense Other
InterestExpenseOther
|
3234 | usd |
CY2022 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
44420 | usd |
CY2021 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
12941 | usd |
CY2022 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-62365 | usd |
CY2021 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-16175 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-626357 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1859942 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.01 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.03 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57860108 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
55399643 | shares |
CY2020Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-6365 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
|
25161 | usd |
CY2021 | NXEN |
Stock Issued During Period Value Issuance Of Stock For Accounts Payable
StockIssuedDuringPeriodValueIssuanceOfStockForAccountsPayable
|
13500 | usd |
CY2021 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
271250 | usd |
CY2021 | us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
1093668 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Share Based Compensation Stock Options Requisite Service Period Recognition
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition
|
348953 | usd |
CY2021 | us-gaap |
Adjustments To Additional Paid In Capital Convertible Debt With Conversion Feature
AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature
|
65000 | usd |
CY2021 | NXEN |
Stock Issued During Period Common Stock Issuable To Officers
StockIssuedDuringPeriodCommonStockIssuableToOfficers
|
35000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1859942 | usd |
CY2021Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-13775 | usd |
CY2022 | us-gaap |
Amortization Of Acquisition Costs
AmortizationOfAcquisitionCosts
|
223255 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
155750 | usd |
CY2022 | us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
110264 | usd |
CY2022 | NXEN |
Stock Issued During Period Exercise Of Warrant Issued For Consulting Services
StockIssuedDuringPeriodExerciseOfWarrantIssuedForConsultingServices
|
2250 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
|
18558 | usd |
CY2022 | NXEN |
Adjustments To Additional Paid In Capital Warrant Issued For Convertible Debt
AdjustmentsToAdditionalPaidInCapitalWarrantIssuedForConvertibleDebt
|
8825 | usd |
CY2022 | NXEN |
Adjustments To Additional Paid In Capital Imputed Interest On Related Party Advances
AdjustmentsToAdditionalPaidInCapitalImputedInterestOnRelatedPartyAdvances
|
3625 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-626357 | usd |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-117605 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-626357 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-1859942 | usd |
CY2021 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
348953 | usd |
CY2022 | NXEN |
Fair Value Of Shares Issued For Acquisition
FairValueOfSharesIssuedForAcquisition
|
223255 | usd |
CY2021 | NXEN |
Fair Value Of Shares Issued For Acquisition
FairValueOfSharesIssuedForAcquisition
|
1093668 | usd |
CY2022 | NXEN |
Fair Value Of Warrants Issued
FairValueOfWarrantsIssued
|
-110264 | usd |
CY2022 | NXEN |
Imputed Interest On Related Party Advances
ImputedInterestOnRelatedPartyAdvances
|
3625 | usd |
CY2022 | NXEN |
Stock Issued To Officers And Director
StockIssuedToOfficersAndDirector
|
105000 | usd |
CY2021 | NXEN |
Stock Issued To Officers And Director
StockIssuedToOfficersAndDirector
|
271250 | usd |
CY2022 | NXEN |
Stock Issuable To Officers
StockIssuableToOfficers
|
50750 | usd |
CY2021 | NXEN |
Stock Issuable To Officers
StockIssuableToOfficers
|
35000 | usd |
CY2022 | NXEN |
Amortization Of Financing Costs And Discounts Related Party
AmortizationOfFinancingCostsAndDiscountsRelatedParty
|
21606 | usd |
CY2021 | NXEN |
Amortization Of Financing Costs And Discounts Related Party
AmortizationOfFinancingCostsAndDiscountsRelatedParty
|
12941 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
22814 | usd |
CY2022 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
120 | usd |
CY2021 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-4500 | usd |
CY2022 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
14020 | usd |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2885 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-75143 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-90745 | usd |
CY2021 | NXEN |
Proceeds From Convertible Debt Related Party
ProceedsFromConvertibleDebtRelatedParty
|
78000 | usd |
CY2022 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
146750 | usd |
CY2022 | us-gaap |
Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
|
2250 | usd |
CY2022 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
25000 | usd |
CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
20000 | usd |
CY2022 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
174000 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
98000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
98857 | usd |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
7255 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
18041 | usd |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
10786 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
116898 | usd |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
18041 | usd |
CY2022 | NXEN |
Shares Issued To Officers For Services
SharesIssuedToOfficersForServices
|
140000 | usd |
CY2022 | NXEN |
Discount On Convertible Debt
DiscountOnConvertibleDebt
|
32633 | usd |
CY2021 | NXEN |
Shares Issued For Settlement Of Accounts Payable
SharesIssuedForSettlementOfAccountsPayable
|
13500 | usd |
CY2021 | us-gaap |
Stock Issued1
StockIssued1
|
25161 | usd |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
5181897 | shares |
CY2021Q2 | NXEN |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Exercise Price Granted
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageExercisePriceGranted
|
0.0429 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
5181897 | shares |
CY2021Q2 | NXEN |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Exercise Price
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageExercisePrice
|
0.0429 | |
CY2021 | NXEN |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Non Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsNonOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P4Y4M24D | |
CY2022Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10933458 | usd |
CY2022 | NXEN |
Working Capital
WorkingCapital
|
117605 | usd |
CY2022 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_846_eus-gaap--UseOfEstimates_zqQqrskNqKZj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_86E_zc6S79H25sfh">Use of Estimates</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from the estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2022Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2021Q2 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | usd |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
2597512 | shares |
CY2022 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
2250000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
5529409 | shares |
CY2021Q2 | NXEN |
Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
|
12941 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
52059 | usd |
CY2022 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
CY2021 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
0 | usd |
CY2022 | us-gaap |
Advertising Expense
AdvertisingExpense
|
0 | usd |
CY2021 | us-gaap |
Advertising Expense
AdvertisingExpense
|
0 | usd |
CY2022 | us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<p id="xdx_841_eus-gaap--ConcentrationRiskCreditRisk_zw4B0Hlw9Cnf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_861_zMmRGGhPh7M3">Concentrations of Credit Risk</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i> </i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents. Cash and cash equivalents are deposited with major banks in the United States of America. Management believes that such financial institutions are financially sound and, accordingly, minimal credit risk exists with respect to these financial instruments. The Company does not have any significant off-balance-sheet concentration of credit risk.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2022 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<p id="xdx_84B_eus-gaap--PriorPeriodReclassificationAdjustmentDescription_zuYtqjJgEQ7g" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span id="xdx_86B_zUN3JxZd3Lb4">Reclassifications</span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Certain amounts in the consolidated financial statements for prior year periods have been reclassified to conform with the current year periods presentation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b/></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NEXIEN BIOPHARMA, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Years Ended June 30, 2022 and 2021</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 3 – Summary of Significant Accounting Policies (continued)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | |
CY2022Q2 | NXEN |
Sharebased Compensation Arrangement By Sharebased Payment Award Non Options Weighted Average Exercise Price
SharebasedCompensationArrangementBySharebasedPaymentAwardNonOptionsWeightedAverageExercisePrice
|
0.0429 | |
CY2022 | NXEN |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Non Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsNonOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P3Y4M9D | |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
140000 | usd |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
2995000 | shares |
CY2020Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.55 | |
CY2021 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
5000000 | shares |
CY2021 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0.08 | |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7995000 | shares |
CY2021Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.26 | |
CY2021 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P4Y6M | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
7995000 | shares |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
0.26 | |
CY2022 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P3Y8M12D | |
CY2022 | us-gaap |
Income Tax Examination Description
IncomeTaxExaminationDescription
|
On December 22, 2017, the 2017 Tax Cuts and Jobs Act (the Tax Act) was enacted into law and the new legislation contains several key tax provisions that affected us, including a reduction of the corporate income tax rate to 21% effective January 1, 2018. | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022Q2 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
2704000 | usd |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
2250000 | shares |
CY2022Q2 | us-gaap |
Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
|
0.001 | |
CY2022Q1 | us-gaap |
Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
|
146750 | usd |
CY2022Q1 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
23704 | usd |
CY2022Q1 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
142180 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
|
28274 | usd |
CY2022 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
22814 | usd |
CY2022Q2 | NXEN |
Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
|
34548 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
30452 | usd |
CY2021Q2 | NXEN |
Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
|
12941 | usd |
CY2021Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
52059 | usd |
CY2022Q2 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
45000 | usd |
CY2021Q2 | us-gaap |
Due To Officers Or Stockholders Current
DueToOfficersOrStockholdersCurrent
|
20000 | usd |
CY2022Q2 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
15750 | usd |
CY2022 | us-gaap |
Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
|
140000 | usd |
CY2022Q2 | NXEN |
Convertible Notes Payable Related Party
ConvertibleNotesPayableRelatedParty
|
34548 | usd |
CY2022Q2 | us-gaap |
Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
|
30452 | usd |
CY2022 | NXEN |
Operating Loss Carryforwards Expiration Date Description
OperatingLossCarryforwardsExpirationDateDescription
|
The available net operating loss carry forwards expire in various years through 2041. No tax benefit has been reported in the financial statements because the Company believes there is a 50% or greater chance the carry forwards will expire unused. | |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0.24 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
|
0.03 | pure |
CY2022Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
650691 | usd |
CY2021Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
617321 | usd |
CY2022Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
650691 | usd |
CY2021Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
617321 | usd |
CY2022 | NXEN |
Increase Decrease In Net Operating Loss Benefit
IncreaseDecreaseInNetOperatingLossBenefit
|
-33370 | usd |
CY2021 | NXEN |
Increase Decrease In Net Operating Loss Benefit
IncreaseDecreaseInNetOperatingLossBenefit
|
-52348 | usd |
CY2022 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
33370 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
52348 | usd |