2023 Q1 Form 10-Q Financial Statement

#000160706223000215 Filed on April 18, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q1
Revenue $31.64K $58.37K
YoY Change -45.79%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $101.5K $70.50K
YoY Change 43.91% -16.73%
% of Gross Profit
Research & Development $36.45K $64.37K
YoY Change -43.38%
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $36.45K $134.9K
YoY Change -72.97% 56.27%
Operating Profit -$78.84K -$76.49K
YoY Change 3.07%
Interest Expense $12.09K -$66.71M
YoY Change -100.02% -3217.06%
% of Operating Profit
Other Income/Expense, Net $0.00 -$300.0K
YoY Change -100.0%
Pretax Income -$54.98K -$67.08M
YoY Change -99.92% -3281.41%
Income Tax
% Of Pretax Income
Net Earnings -$54.98K -$67.08M
YoY Change -99.92% -15270.55%
Net Earnings / Revenue -173.76% -114924.77%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.03 -$14.70K
COMMON SHARES
Basic Shares Outstanding 5.048B shares 3.043M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.70K $234.7K
YoY Change -62.63%
Cash & Equivalents $87.70K $234.7K
Short-Term Investments
Other Short-Term Assets $17.23K $34.58K
YoY Change -50.17%
Inventory
Prepaid Expenses $7.233K
Receivables $79.12K $268.0K
Other Receivables $0.00 $5.890K
Total Short-Term Assets $184.1K $543.2K
YoY Change -66.12% 243.68%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $222.6K $87.68K
YoY Change 153.85% 339.06%
Other Assets
YoY Change
Total Long-Term Assets $222.6K $87.68K
YoY Change 153.85% 339.06%
TOTAL ASSETS
Total Short-Term Assets $184.1K $543.2K
Total Long-Term Assets $222.6K $87.68K
Total Assets $406.6K $630.9K
YoY Change -35.54% 254.38%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $34.05K $41.63K
YoY Change -18.22% -64.46%
Accrued Expenses $1.616M $1.977M
YoY Change -18.28% -12.62%
Deferred Revenue
YoY Change
Short-Term Debt $101.7K $1.230K
YoY Change 8169.11% -98.05%
Long-Term Debt Due $509.9K $2.997M
YoY Change -82.99% 20.69%
Total Short-Term Liabilities $5.336M $77.38M
YoY Change -93.1% 1374.27%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00
YoY Change
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $0.00 $0.00
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $5.336M $77.38M
Total Long-Term Liabilities $0.00 $0.00
Total Liabilities $5.336M $77.38M
YoY Change -93.1% 1374.27%
SHAREHOLDERS EQUITY
Retained Earnings -$19.32M
YoY Change
Common Stock $339.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$4.930M -$76.75M
YoY Change
Total Liabilities & Shareholders Equity $406.6K $630.9K
YoY Change -35.54% 254.38%

Cashflow Statement

Concept 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$54.98K -$67.08M
YoY Change -99.92% -15270.55%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities -$53.04K -$118.8K
YoY Change -55.36%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $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 100.0K 0.000
YoY Change
NET CHANGE
Cash From Operating Activities -53.04K -118.8K
Cash From Investing Activities 0.000
Cash From Financing Activities 100.0K 0.000
Net Change In Cash 46.96K -118.8K
YoY Change -139.53%
FREE CASH FLOW
Cash From Operating Activities -$53.04K -$118.8K
Capital Expenditures
Free Cash Flow
YoY Change

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-8036059 usd
CY2022Q4 RGBP Preferred Shares Issued For Nonemployee Services
PreferredSharesIssuedForNonemployeeServices
300000 usd
CY2022Q4 RGBP Preferred Shares Issued For Debt
PreferredSharesIssuedForDebt
761500 usd
CY2022Q4 RGBP Preferred Shares Issued For Interest
PreferredSharesIssuedForInterest
380262 usd
CY2022Q4 RGBP Common Shares Issued For Interest
CommonSharesIssuedForInterest
25369 usd
CY2022Q4 RGBP Preferred Shares Issued For Nonemployee Services1
PreferredSharesIssuedForNonemployeeServices1
48372 usd
CY2022Q4 us-gaap Profit Loss
ProfitLoss
1635730 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-4884827 usd
CY2023Q1 RGBP Reverse Stock Split Value
ReverseStockSplitValue
0 usd
CY2023Q1 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
10050 usd
CY2023Q1 us-gaap Profit Loss
ProfitLoss
-54978 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
-4929755 usd
us-gaap Net Income Loss
NetIncomeLoss
1580752 usd
us-gaap Net Income Loss
NetIncomeLoss
-64436609 usd
RGBP Preferred Stock Issued As Compensation
PreferredStockIssuedAsCompensation
-348372 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
0 usd
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
44428 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
5248 usd
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-49870 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-175150 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
54850 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
29444 usd
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
48597 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-13714 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-13652 usd
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
-2151755 usd
us-gaap Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
63699343 usd
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-63280 usd
us-gaap Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
-62585 usd
RGBP Increase Decrease In Penalties
IncreaseDecreaseInPenalties
300000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
266 usd
RGBP Gain Loss On Forgiveness Of Debt
GainLossOnForgivenessOfDebt
1150 usd
RGBP Unrealized Lossgain On Investment Securities
UnrealizedLossgainOnInvestmentSecurities
-130296 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-63504 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-397953 usd
RGBP Increase Decrease In Convertible Notes Payable
IncreaseDecreaseInConvertibleNotesPayable
-94535 usd
us-gaap Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
100000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
100000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-94535 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
36496 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-492488 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
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87700 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
234674 usd
RGBP Common Shares Issued For Debt
CommonSharesIssuedForDebt
759384 usd
RGBP Preferred Share Issued For Debt
PreferredShareIssuedForDebt
761500 usd
RGBP Preferred Share Issued For Debt
PreferredShareIssuedForDebt
75000 usd
us-gaap Interest Paid
InterestPaid
28973 usd
RGBP Common Shares Issued For Interests
CommonSharesIssuedForInterests
25369 usd
RGBP Common Shares Issued For Interests
CommonSharesIssuedForInterests
304678 usd
RGBP Preferred Shares Issued For Interests
PreferredSharesIssuedForInterests
380262 usd
RGBP Preferred Shares Issued For Interests
PreferredSharesIssuedForInterests
33994 usd
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0348 pure
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
8.9505 pure
us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
1 pure
us-gaap Advertising Expense
AdvertisingExpense
0 usd
RGBP Net Income Loss Since Inception
NetIncomeLossSinceInception
19324617 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
5800000000 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
3381366 shares
CY2023Q1 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
800000000 shares
CY2023Q1 us-gaap Stockholders Equity Reverse Stock Split
StockholdersEquityReverseStockSplit
1 for 1500

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