2024 Q2 Form 10-Q Financial Statement
#000160706224000131 Filed on April 24, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q3 |
---|---|---|---|
Revenue | $59.07K | $31.64K | $59.37K |
YoY Change | -0.01% | 0.0% | 0.0% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $134.5K | $120.0K | $83.12K |
YoY Change | 35.59% | 18.27% | -10.51% |
% of Gross Profit | |||
Research & Development | $32.50K | $40.13K | $35.34K |
YoY Change | -27.78% | 10.12% | -45.01% |
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $32.50K | $40.13K | $118.5K |
YoY Change | -77.46% | 10.12% | -24.62% |
Operating Profit | -$108.0K | -$101.1K | |
YoY Change | 26.79% | 28.19% | |
Interest Expense | -$22.15K | $17.06K | -$15.94K |
YoY Change | 57.54% | 41.19% | -124.43% |
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | -$250.0K | |
YoY Change | 449.45% | ||
Pretax Income | -$130.1K | -$122.5K | -$325.0K |
YoY Change | 31.14% | 122.75% | 316.54% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$130.1K | -$122.5K | -$325.0K |
YoY Change | 31.14% | 122.77% | 316.56% |
Net Earnings / Revenue | -220.3% | -387.08% | -547.46% |
Basic Earnings Per Share | -$0.03 | ||
Diluted Earnings Per Share | -$0.03 | -$0.03 | -$0.07 |
COMMON SHARES | |||
Basic Shares Outstanding | 4.214M shares | 3.941M shares | |
Diluted Shares Outstanding | 4.214M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $61.85K | $78.12K | $121.0K |
YoY Change | 8863.77% | -10.92% | 136.41% |
Cash & Equivalents | $61.85K | $78.11K | $121.0K |
Short-Term Investments | |||
Other Short-Term Assets | $23.42K | $5.200K | $10.00K |
YoY Change | 335.32% | -69.82% | -67.69% |
Inventory | |||
Prepaid Expenses | $200.00 | $0.00 | |
Receivables | $67.15K | $39.72K | $0.00 |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $152.4K | $123.0K | $131.0K |
YoY Change | 143.4% | -33.15% | -61.05% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $17.73K | $17.73K | $222.6K |
YoY Change | -92.03% | -92.03% | 0.0% |
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $17.73K | $17.73K | $222.6K |
YoY Change | -92.03% | -92.03% | 0.0% |
TOTAL ASSETS | |||
Total Short-Term Assets | $152.4K | $123.0K | $131.0K |
Total Long-Term Assets | $17.73K | $17.73K | $222.6K |
Total Assets | $170.2K | $140.8K | $353.6K |
YoY Change | -40.34% | -65.38% | -36.74% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $29.42K | $29.80K | $29.67K |
YoY Change | 0.05% | -12.48% | 3.04% |
Accrued Expenses | $1.662M | $1.645M | $1.645M |
YoY Change | 1.99% | 1.79% | -17.84% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $219.2K | $50.21K | $96.71K |
YoY Change | 115.54% | -50.63% | 5555.56% |
Long-Term Debt Due | $499.9K | $499.9K | $509.9K |
YoY Change | -1.96% | -1.96% | -59.93% |
Total Short-Term Liabilities | $5.328M | $5.173M | $5.308M |
YoY Change | 0.26% | -3.06% | -38.24% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $143.7K | $0.00 |
YoY Change | |||
Other Long-Term Liabilities | $0.00 | $149.6K | |
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $143.7K | $149.6K |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $5.328M | $5.173M | $5.308M |
Total Long-Term Liabilities | $0.00 | $143.7K | $149.6K |
Total Liabilities | $5.328M | $5.317M | $5.458M |
YoY Change | 0.26% | -0.37% | -36.5% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$20.35M | -$20.22M | -$19.75M |
YoY Change | 4.77% | 4.64% | -5.53% |
Common Stock | $25.33K | $26.78K | $352.00 |
YoY Change | 7370.8% | 7800.0% | -99.93% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$5.158M | -$5.176M | -$5.104M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $170.2K | $140.8K | $353.6K |
YoY Change | -40.34% | -65.38% | -36.74% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$130.1K | -$122.5K | -$325.0K |
YoY Change | 31.14% | 122.77% | 316.56% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$172.6K | -$209.3K | -$23.92K |
YoY Change | 98.36% | 294.65% | -71.95% |
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 | 156.3K | 162.9K | 143.8K |
YoY Change | 62.93% | 28650.0% | |
NET CHANGE | |||
Cash From Operating Activities | -172.6K | -209.3K | -23.92K |
Cash From Investing Activities | |||
Cash From Financing Activities | 156.3K | 162.9K | 143.8K |
Net Change In Cash | -16.26K | -46.39K | 119.8K |
YoY Change | -81.31% | -198.79% | -300.42% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$172.6K | -$209.3K | -$23.92K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
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Revenues
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Lease And Rental Expense
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Costs And Expenses
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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 |
us-gaap |
Interest Expense
InterestExpense
|
29444 | usd | |
CY2024Q1 | RGBP |
Interest Expense Attributable To Amortization Of Discount
InterestExpenseAttributableToAmortizationOfDiscount
|
-4339 | usd |
RGBP |
Interest Expense Attributable To Amortization Of Discount
InterestExpenseAttributableToAmortizationOfDiscount
|
-8706 | usd | |
us-gaap |
Debt Securities Unrealized Gain Loss
DebtSecuritiesUnrealizedGainLoss
|
-204847 | usd | |
CY2023Q1 | us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
35949 | usd |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
2151755 | usd | |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
1150 | usd | |
CY2024Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-21402 | usd |
CY2023Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
23864 | usd |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-248380 | usd | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
2123460 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-122473 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-54978 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-472233 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1580752 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-122473 | usd |
CY2023Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-54978 | usd |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-472233 | usd | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
1391061 | usd | |
CY2024Q1 | RGBP |
Basic And Fully Diluted Earnings Loss Per Share
BasicAndFullyDilutedEarningsLossPerShare
|
-0.03 | |
CY2023Q1 | RGBP |
Basic And Fully Diluted Earnings Loss Per Share
BasicAndFullyDilutedEarningsLossPerShare
|
-0.03 | |
RGBP |
Basic And Fully Diluted Earnings Loss Per Share
BasicAndFullyDilutedEarningsLossPerShare
|
-0.12 | ||
RGBP |
Basic And Fully Diluted Earnings Loss Per Share
BasicAndFullyDilutedEarningsLossPerShare
|
0.41 | ||
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3941013 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
1656429 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3831431 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
3364578 | shares | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5104000 | usd |
CY2023Q4 | RGBP |
Shares Issued For Cash Shares
SharesIssuedForCashShares
|
16710 | shares |
CY2023Q4 | RGBP |
Shares Issued For Cash
SharesIssuedForCash
|
22726 | usd |
CY2023Q4 | RGBP |
Shares Issued For Cash Shares2
SharesIssuedForCashShares2
|
35785 | shares |
CY2023Q4 | RGBP |
Shares Issued For Cash2
SharesIssuedForCash2
|
46091 | usd |
CY2023Q4 | RGBP |
Shares Issued For Cash Shares3
SharesIssuedForCashShares3
|
31732 | shares |
CY2023Q4 | RGBP |
Shares Issued For Cash3
SharesIssuedForCash3
|
38205 | usd |
CY2023Q4 | RGBP |
Shares Issued For Cash Shares4
SharesIssuedForCashShares4
|
33989 | shares |
CY2023Q4 | RGBP |
Shares Issued For Cash4
SharesIssuedForCash4
|
32629 | usd |
CY2023Q4 | RGBP |
Shares Issued For Cash Shares5
SharesIssuedForCashShares5
|
43297 | shares |
CY2023Q4 | RGBP |
Shares Issued For Cash5
SharesIssuedForCash5
|
38101 | usd |
CY2023Q4 | RGBP |
Shares Issued For Cash Shares6
SharesIssuedForCashShares6
|
82686 | shares |
CY2023Q4 | RGBP |
Shares Issued For Cash6
SharesIssuedForCash6
|
34543 | usd |
CY2023Q4 | us-gaap |
Profit Loss
ProfitLoss
|
-349760 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-5241463 | usd |
CY2024Q1 | RGBP |
Shares Issued For Cash Shares7
SharesIssuedForCashShares7
|
94883 | shares |
CY2024Q1 | RGBP |
Shares Issued For Cash7
SharesIssuedForCash7
|
39638 | usd |
CY2024Q1 | RGBP |
Shares Issued For Cash Shares8
SharesIssuedForCashShares8
|
82643 | shares |
CY2024Q1 | RGBP |
Shares Issued For Cash8
SharesIssuedForCash8
|
44297 | usd |
CY2024Q1 | RGBP |
Shares Issued For Cash Shares9
SharesIssuedForCashShares9
|
40229 | shares |
CY2024Q1 | RGBP |
Shares Issued For Cash9
SharesIssuedForCash9
|
19614 | usd |
CY2024Q1 | RGBP |
Shares Issued For Cash Shares10
SharesIssuedForCashShares10
|
52569 | shares |
CY2024Q1 | RGBP |
Shares Issued For Cash10
SharesIssuedForCash10
|
32362 | usd |
CY2024Q1 | RGBP |
Shares Issued For Cash Shares11
SharesIssuedForCashShares11
|
44503 | shares |
CY2024Q1 | RGBP |
Shares Issued For Cash11
SharesIssuedForCash11
|
25282 | usd |
CY2024Q1 | RGBP |
Shares Issued For Cash Shares12
SharesIssuedForCashShares12
|
49230 | shares |
CY2024Q1 | RGBP |
Shares Issued For Cash12
SharesIssuedForCash12
|
26781 | 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
|
-472233 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
1580752 | usd | |
RGBP |
Preferred Stock Issued As Compensation
PreferredStockIssuedAsCompensation
|
-348372 | usd | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
8706 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
124 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
5248 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
39723 | usd | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-175150 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-171 | usd | |
us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
29444 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-5200 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
-13714 | usd | |
RGBP |
Increase Decrease In Contributed Capital
IncreaseDecreaseInContributedCapital
|
0 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
0 | usd | |
us-gaap |
Increase Decrease In Derivative Liabilities
IncreaseDecreaseInDerivativeLiabilities
|
-2151755 | usd | |
us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-78407 | usd | |
us-gaap |
Increase Decrease In Unearned Premiums
IncreaseDecreaseInUnearnedPremiums
|
-63280 | usd | |
RGBP |
Gain Loss On Forgiveness Of Debt
GainLossOnForgivenessOfDebt
|
-0 | usd | |
RGBP |
Gain Loss On Forgiveness Of Debt
GainLossOnForgivenessOfDebt
|
1150 | usd | |
RGBP |
Unrealized Lossgain On Investment Securities
UnrealizedLossgainOnInvestmentSecurities
|
-204847 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-371657 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-63504 | usd | |
RGBP |
Increase Decrease In Convertible Notes Payable
IncreaseDecreaseInConvertibleNotesPayable
|
-10000 | usd | |
us-gaap |
Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
|
-61500 | usd | |
us-gaap |
Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
|
100000 | usd | |
RGBP |
Increase Decrease In Common Stock Issued For Cash
IncreaseDecreaseInCommonStockIssuedForCash
|
400234 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
328734 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
100000 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
-42923 | usd | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
36949 | usd | |
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
121037 | usd |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
51204 | usd |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
78114 | usd |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
87700 | usd |
RGBP |
Preferred Share Issued For Debt
PreferredShareIssuedForDebt
|
761500 | usd | |
RGBP |
Common Shares Issued For Interests
CommonSharesIssuedForInterests
|
25369 | usd | |
RGBP |
Preferred Shares Issued For Interests
PreferredSharesIssuedForInterests
|
380262 | usd | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0539 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
9.3298 | 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
|
20221096 | usd | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
5800000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
4114622 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
800000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
39638 | usd |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
44297 | usd |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
19614 | usd |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
32362 | usd |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
25282 | usd |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
26781 | usd |
CY2024Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
25326 | usd |