2022 Q2 Form 10-Q Financial Statement
#000164033422001015 Filed on May 16, 2022
Income Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q1 |
---|---|---|---|
Revenue | $0.00 | $0.00 | $6.360K |
YoY Change | -100.0% | -100.0% | |
Cost Of Revenue | $5.230K | ||
YoY Change | |||
Gross Profit | $1.130K | ||
YoY Change | |||
Gross Profit Margin | 17.77% | ||
Selling, General & Admin | $9.010K | $3.382K | $18.71K |
YoY Change | -58.25% | -81.92% | |
% of Gross Profit | 1655.75% | ||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $9.010K | $3.382K | $18.71K |
YoY Change | -58.25% | -81.92% | |
Operating Profit | -$9.010K | -$3.382K | -$14.25K |
YoY Change | -58.25% | -76.27% | |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | ||
YoY Change | |||
Pretax Income | -$9.010K | -$3.380K | -$17.58K |
YoY Change | -74.86% | -80.77% | |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$9.010K | -$3.382K | -$15.14K |
YoY Change | -57.35% | -77.66% | |
Net Earnings / Revenue | -238.05% | ||
Basic Earnings Per Share | -$0.01 | ||
Diluted Earnings Per Share | -$905.70 | -$339.80 | -$1.720K |
COMMON SHARES | |||
Basic Shares Outstanding | 9.948M shares | 9.948M shares | |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2022 Q2 | 2022 Q1 | 2021 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $0.00 | $2.890K | |
YoY Change | -100.0% | ||
Cash & Equivalents | $0.00 | $0.00 | $2.890K |
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | ||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $0.00 | $2.890K | |
YoY Change | -100.0% | ||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $0.00 | ||
YoY Change | |||
Total Long-Term Assets | $0.00 | $0.00 | |
YoY Change | -100.0% | ||
TOTAL ASSETS | |||
Total Short-Term Assets | $0.00 | $2.890K | |
Total Long-Term Assets | $0.00 | $0.00 | |
Total Assets | $0.00 | $0.00 | $2.890K |
YoY Change | -100.0% | -100.0% | |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $100.00 | $60.00 | $19.59K |
YoY Change | -99.15% | -99.69% | |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $24.42K | $15.45K | $54.25K |
YoY Change | -70.86% | -71.52% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $24.52K | $15.51K | $73.84K |
YoY Change | -74.36% | -79.0% | |
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 | $24.52K | $15.51K | $73.84K |
Total Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
Total Liabilities | $24.52K | $15.51K | $73.84K |
YoY Change | -74.36% | -78.99% | |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$67.40K | -$58.39K | |
YoY Change | -50.49% | ||
Common Stock | $995.00 | $995.00 | |
YoY Change | -2.64% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$24.52K | -$15.51K | -$70.94K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $0.00 | $0.00 | $2.890K |
YoY Change | -100.0% | -100.0% |
Cashflow Statement
Concept | 2022 Q2 | 2022 Q1 | 2021 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$9.010K | -$3.382K | -$15.14K |
YoY Change | -57.35% | -77.66% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$8.980K | -$9.382K | -$11.38K |
YoY Change | -68.92% | -17.52% | |
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 | 8.980K | $9.382K | $11.17K |
YoY Change | -69.61% | -15.99% | |
NET CHANGE | |||
Cash From Operating Activities | -8.980K | -$9.382K | -$11.38K |
Cash From Investing Activities | |||
Cash From Financing Activities | 8.980K | $9.382K | $11.17K |
Net Change In Cash | 0.000 | $0.00 | -$207.00 |
YoY Change | -100.0% | -100.0% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$8.980K | -$9.382K | -$11.38K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
9948330 | shares |
CY2022Q1 | us-gaap |
Assets
Assets
|
0 | USD |
CY2021Q4 | us-gaap |
Assets
Assets
|
0 | USD |
CY2022Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
63 | USD |
CY2021Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
6063 | USD |
CY2022Q1 | us-gaap |
Loans Payable
LoansPayable
|
15449 | USD |
CY2022Q1 | us-gaap |
Liabilities
Liabilities
|
15512 | USD |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
12130 | USD |
CY2022Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2022Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2022Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
995 | USD |
CY2021Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
995 | USD |
CY2022Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
41879 | USD |
CY2021Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
41879 | USD |
CY2022Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-58386 | USD |
CY2022Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-15512 | USD |
CY2021Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-12130 | USD |
CY2022Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
0 | USD |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
0 | USD |
CY2022Q1 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
3382 | USD |
CY2022Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-3382 | USD |
CY2021Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-14254 | USD |
CY2022Q1 | us-gaap |
Discontinued Operation Amount Of Adjustment To Prior Period Gain Loss On Disposal Before Income Tax
DiscontinuedOperationAmountOfAdjustmentToPriorPeriodGainLossOnDisposalBeforeIncomeTax
|
0 | USD |
CY2021Q1 | us-gaap |
Discontinued Operation Amount Of Adjustment To Prior Period Gain Loss On Disposal Before Income Tax
DiscontinuedOperationAmountOfAdjustmentToPriorPeriodGainLossOnDisposalBeforeIncomeTax
|
-886 | USD |
CY2022Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-3382 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15140 | USD |
CY2022Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.00 | |
CY2021Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.01 | |
CY2022Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
9948330 | shares |
CY2021Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
10220830 | shares |
CY2020Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-55804 | USD |
CY2021Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-70944 | USD |
CY2022Q1 | us-gaap |
Profit Loss
ProfitLoss
|
3382 | USD |
CY2021Q1 | us-gaap |
Profit Loss
ProfitLoss
|
15140 | USD |
CY2022Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
6000 | USD |
CY2021Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3765 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-9382 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-11375 | USD |
CY2022Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | USD |
CY2021Q1 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
11168 | USD |
CY2022Q1 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
9382 | USD |
CY2021Q1 | us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
0 | USD |
CY2022Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
9382 | USD |
CY2021Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
11168 | USD |
CY2022Q1 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
0 | USD |
CY2021Q1 | us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
-207 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
0 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3100 | USD |
CY2022Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
0 | USD |
CY2021Q1 | us-gaap |
Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
|
2893 | USD |
CY2022Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2021Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
0 | USD |
CY2022Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD |
CY2021Q1 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | USD |
CY2019Q3 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
1 | pure |
CY2022Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
15512 | USD |
CY2022Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of financial statements in conformity with generally accepted accounting principles requires 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><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">Due to the limited level of operations, the Company has not had to make material assumptions or estimates other than the assumption that the Company is a going concern.</p> | |
CY2022Q1 | stark |
Changes In Accounting Policiespolicytextblock
ChangesInAccountingPoliciespolicytextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">There have been no changes in accounting policies from those disclosed in the Company’s annual financial statements for the year ended December 31, 2021</p> | |
CY2022Q1 | stark |
Sale Of Subsidiary
SaleOfSubsidiary
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 6. </strong><strong>SALE OF SUBSIDIARY, DECONSOLIDATION AND DISCONTINUED OPERATIONS</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">On August 9, 2021, the Company entered into a share purchase agreement with an individual to sell its 10,000 shares of its wholly owned subsidiary, Common Design Limited of Hong Kong, for a consideration of Ten Thousand Hong Kong Dollars (HK$10,000.00) or (CAD1,610.00). The 10,000 shares represent all of the issued and outstanding shares of Common Design Limited. The transaction was consummated on September 9, 2021. </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company recorded a gain of $1,812 for the disposal of the subsidiary. A breakdown is as follows:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;margin-left:auto;margin-right:auto;width:85%"><tbody><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Proceeds received</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,277</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Carrying value of investment</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">-</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Carrying value of accounts of subsidiary at time of disposal</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" colspan="2" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 15px; text-align:justify;">Asset</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px"> </p></td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">1,773</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 15px; text-align:justify;">Liabilities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">2,308</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Net gain on elimination of net liabilities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">535</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Gain on disposal and deconsolidation</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="BORDER-BOTTOM: 1px solid;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">1,812</td><td style="PADDING-BOTTOM: 1px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">As a result of the sale, operating results of Common Design Limited has been reclassified as discontinued operations. </p> | |
CY2022Q1 | stark |
Gain On Disposal Of Subsidiary
GainOnDisposalOfSubsidiary
|
1812 | USD |
CY2022Q1 | stark |
Demand Loan Payabletextblock
DemandLoanPayabletextblock
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><strong>NOTE 7. </strong><strong>DEMAND LOAN PAYABLE</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the year ended December 31, 2021, the Company secured a loan facility from an independent third party. The loan is non-interest bearing and due upon demand. The Company intends to use this loan facility as working capital. As of March 31, 2022, the Company has utilized $15,449 of this loan facility.</p> | |
CY2022Q1 | stark |
Loan Facility Utilized
LoanFacilityUtilized
|
15449 | USD |
CY2021Q4 | stark |
Repurchase Of Common Stock Share
RepurchaseOfCommonStockShare
|
272500 | shares |
CY2021Q4 | stark |
Repurchase Of Common Stock Value
RepurchaseOfCommonStockValue
|
15871 | USD |
CY2022Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
9948330 | shares |