2023 Q1 Form 10-Q Financial Statement

#000160706223000028 Filed on January 19, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4
Revenue $31.64K $31.64K $59.07K
YoY Change -45.79% -46.44% 115.43%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $101.5K $427.4K $49.79K
YoY Change 43.91% 758.45% 11.19%
% of Gross Profit
Research & Development $36.45K $95.51K $115.7K
YoY Change -43.38% -17.44% 10138.05%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $36.45K $95.51K $165.5K
YoY Change -72.97% -42.28% 260.54%
Operating Profit -$78.84K -$463.9K -$106.4K
YoY Change 3.07% 335.88%
Interest Expense $12.09K $17.36K $2.784M
YoY Change -100.02% -99.38% 65.22%
% of Operating Profit
Other Income/Expense, Net $0.00 $0.00 $62.70K
YoY Change -100.0% -100.0%
Pretax Income -$54.98K $1.636M $2.645M
YoY Change -99.92% -38.16% 58.73%
Income Tax
% Of Pretax Income
Net Earnings -$54.98K $1.636M $2.645M
YoY Change -99.92% -38.16% 58.73%
Net Earnings / Revenue -173.76% 5169.82% 4477.7%
Basic Earnings Per Share $0.45
Diluted Earnings Per Share -$0.03 $0.43 $581.30
COMMON SHARES
Basic Shares Outstanding 5.048B shares 5.032B shares 4.507B shares
Diluted Shares Outstanding 3.361M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.70K $40.74K $353.5K
YoY Change -62.63% -88.47%
Cash & Equivalents $87.70K $40.74K $353.5K
Short-Term Investments
Other Short-Term Assets $17.23K $19.09K $41.29K
YoY Change -50.17% -53.77% 206350.0%
Inventory
Prepaid Expenses $7.233K $14.09K
Receivables $79.12K $131.7K $240.6K
Other Receivables $0.00 $0.00 $5.760K
Total Short-Term Assets $184.1K $191.5K $641.2K
YoY Change -66.12% -70.13% 390.82%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $222.6K $222.6K $94.08K
YoY Change 153.85% 136.59% 371.11%
Other Assets
YoY Change
Total Long-Term Assets $222.6K $222.6K $94.08K
YoY Change 153.85% 136.59% 371.11%
TOTAL ASSETS
Total Short-Term Assets $184.1K $191.5K $641.2K
Total Long-Term Assets $222.6K $222.6K $94.08K
Total Assets $406.6K $414.1K $735.2K
YoY Change -35.54% -43.68% 388.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.05K $31.04K $32.29K
YoY Change -18.22% -3.87% -71.64%
Accrued Expenses $1.616M $1.614M $1.974M
YoY Change -18.28% -18.26% -9.38%
Deferred Revenue
YoY Change
Short-Term Debt $101.7K $1.710K $1.453M
YoY Change 8169.11% -99.88% 2201.01%
Long-Term Debt Due $509.9K $509.9K $1.272M
YoY Change -82.99% -59.92% -49.58%
Total Short-Term Liabilities $5.336M $5.299M $10.49M
YoY Change -93.1% -49.49% 83.03%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00 $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $5.336M $5.299M $10.49M
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $5.336M $5.299M $10.49M
YoY Change -93.1% -49.49% 83.03%
SHAREHOLDERS EQUITY
Retained Earnings -$19.32M -$19.27M
YoY Change
Common Stock $339.00 $504.8K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.930M -$4.885M -$9.756M
YoY Change
Total Liabilities & Shareholders Equity $406.6K $414.1K $735.2K
YoY Change -35.54% -43.68% 388.21%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4
OPERATING ACTIVITIES
Net Income -$54.98K $1.636M $2.645M
YoY Change -99.92% -38.16% 58.73%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$53.04K -$10.46K -$279.1K
YoY Change -55.36% -96.25%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00
YoY Change
Cash From Investing Activities $0.00 $0.00
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 100.0K $0.00 -94.54K
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities -53.04K -$10.46K -279.1K
Cash From Investing Activities $0.00 0.000
Cash From Financing Activities 100.0K $0.00 -94.54K
Net Change In Cash 46.96K -$10.46K -373.7K
YoY Change -139.53% -97.2%
FREE CASH FLOW
Cash From Operating Activities -$53.04K -$10.46K -$279.1K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2022Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2240 usd
CY2021Q4 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-59210 usd
CY2022Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-122575 usd
CY2021Q4 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27425 usd
CY2022Q4 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
17359 usd
CY2021Q4 us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
6036 usd
CY2022Q4 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-11856 usd
CY2021Q4 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-6856 usd
CY2022Q4 RGBP Increase Decrease In Contributed Capital
IncreaseDecreaseInContributedCapital
0 usd
CY2022Q4 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-2115806 usd
CY2021Q4 us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-2964939 usd
CY2022Q4 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-31640 usd
CY2021Q4 us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-31640 usd
CY2022Q4 RGBP Increase Decrease In Penalties
IncreaseDecreaseInPenalties
0 usd
CY2022Q4 us-gaap Increase Decrease In Notes Receivables
IncreaseDecreaseInNotesReceivables
-0 usd
CY2022Q4 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
-0 usd
CY2021Q4 us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
135 usd
CY2022Q4 RGBP Securities Accepted As Compensation
SecuritiesAcceptedAsCompensation
-0 usd
CY2022Q4 RGBP Gain Loss On Forgiveness Of Debt
GainLossOnForgivenessOfDebt
1150 usd
CY2022Q4 RGBP Increase Decrease In Loss On Sale Of Investment Securities
IncreaseDecreaseInLossOnSaleOfInvestmentSecurities
-0 usd
CY2022Q4 RGBP Unrealized Lossgain On Investment Securities
UnrealizedLossgainOnInvestmentSecurities
-0 usd
CY2021Q4 RGBP Unrealized Lossgain On Investment Securities
UnrealizedLossgainOnInvestmentSecurities
-123891 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-10463 usd
CY2021Q4 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-279135 usd
CY2022Q4 RGBP Increasedecrease In Sale Of Investment Securities
IncreasedecreaseInSaleOfInvestmentSecurities
0 usd
CY2021Q4 RGBP Increasedecrease In Sale Of Investment Securities
IncreasedecreaseInSaleOfInvestmentSecurities
0 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2021Q4 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
0 usd
CY2022Q4 us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
0 usd
CY2021Q4 us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
0 usd
CY2021Q4 RGBP Increase Decrease In Convertible Notes Payable
IncreaseDecreaseInConvertibleNotesPayable
-94535 usd
CY2022Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
0 usd
CY2021Q4 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-94535 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-10463 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-373670 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
51204 usd
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
727162 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
40741 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
353492 usd
CY2022Q4 RGBP Common Shares Issued For Debt
CommonSharesIssuedForDebt
0 usd
CY2021Q4 RGBP Common Shares Issued For Debt
CommonSharesIssuedForDebt
710964 usd
CY2022Q4 RGBP Preferred Share Issued For Debt
PreferredShareIssuedForDebt
761500 usd
CY2021Q4 RGBP Preferred Share Issued For Debt
PreferredShareIssuedForDebt
75000 usd
CY2022Q4 us-gaap Interest Paid
InterestPaid
0 usd
CY2021Q4 us-gaap Interest Paid
InterestPaid
28973 usd
CY2022Q4 RGBP Common Shares Issued For Interests
CommonSharesIssuedForInterests
25369 usd
CY2021Q4 RGBP Common Shares Issued For Interests
CommonSharesIssuedForInterests
264970 usd
CY2022Q4 RGBP Preferred Shares Issued For Interests
PreferredSharesIssuedForInterests
380262 usd
CY2021Q4 RGBP Preferred Shares Issued For Interests
PreferredSharesIssuedForInterests
33994 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0389 pure
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
8.8214 pure
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
1 pure
CY2022Q4 us-gaap Advertising Expense
AdvertisingExpense
0 usd
RGBP Net Income Loss Since Inception
NetIncomeLossSinceInception
19269840 usd
CY2022Q4 us-gaap Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
710 usd
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5800000000 shares
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
800000000 shares

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0001607062-23-000028.txt Edgar Link pending
0001607062-23-000028-xbrl.zip Edgar Link pending
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Financial_Report.xlsx Edgar Link pending
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report.css Edgar Link pending
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rgbp-20221231.xsd Edgar Link pending
rgbp123122form10q.htm Edgar Link pending
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rgbp-20221231_def.xml Edgar Link unprocessable
rgbp-20221231_pre.xml Edgar Link unprocessable
rgbp-20221231_lab.xml Edgar Link unprocessable
rgbp-20221231_cal.xml Edgar Link unprocessable
rgbp123122form10q_htm.xml Edgar Link completed