$SPEV
SHOREPOWER TECHNOLOGIES INC. Stock $spev

$spev Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000149315223024758 Filed on July 17, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2023 Q1
Revenue	$2.532K	$10.30K	$0.00
YoY Change
Cost Of Revenue	$7.494K	$10.89K
YoY Change	-23.56%	1.79%
Gross Profit	-$6.077K	-$587.00
YoY Change	84.26%	-92.33%
Gross Profit Margin	-240.01%	-5.7%
Selling, General & Admin	$280.0K	$100.0K	$260.0K
YoY Change	2647.79%	160.42%	415.57%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$275.9K	$98.45K	$260.0K
YoY Change	2606.06%	156.36%	415.67%
Operating Profit	-$281.9K	-$99.03K
YoY Change	2665.68%	157.89%
Interest Expense	-$30.00K	$1.699M
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$30.44K	-$16.05K	$0.00
YoY Change		-65.15%
Pretax Income	-$310.0K	-$120.0K	-$260.0K
YoY Change	2942.2%	212.5%	-85.24%
Income Tax
% Of Pretax Income
Net Earnings	-$312.4K	-$115.1K	-$260.0K
YoY Change	2964.25%	199.69%	-85.24%
Net Earnings / Revenue	-12336.89%	-1117.44%
Basic Earnings Per Share	$0.04	-$0.04
Diluted Earnings Per Share	$0.04	$0.00	-$0.01
COMMON SHARES
Basic Shares Outstanding	49.19M shares	47.44M shares	10.35M
Diluted Shares Outstanding	48.17M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$410.0K	$520.0K	$110.0K
YoY Change	177.65%	238.89%	-39.15%
Cash & Equivalents	$414.1K	$517.9K	$0.00
Short-Term Investments
Other Short-Term Assets	$0.00	$10.00K	$550.0K
YoY Change	-100.0%	-5.48%	1607.54%
Inventory	$14.27K	$14.27K	$6.880K
Prepaid Expenses	$2.660K	$6.650K	$535.00
Receivables	$2.500K	$2.500K	$50.00K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$433.5K	$541.3K	$675.3K
YoY Change	185.18%	230.01%	217.09%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$1.000K	$1.000K	$1.000K
YoY Change
Total Long-Term Assets	$1.000K	$1.000K	$1.000K
YoY Change	24900.0%	-20100.0%	24900.0%
TOTAL ASSETS
Total Short-Term Assets	$433.5K	$541.3K	$675.3K
Total Long-Term Assets	$1.000K	$1.000K	$1.000K
Total Assets	$434.5K	$542.3K	$680.6K
YoY Change	185.83%	230.63%	219.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$50.00K	$70.00K	$110.0K
YoY Change	4364.29%	2280.95%	716.02%
Accrued Expenses	$130.0K	$70.00K	$20.00K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$120.0K	$120.0K	$110.0K
YoY Change
Long-Term Debt Due	$110.0K	$110.0K	$110.0K
YoY Change
Total Short-Term Liabilities	$403.4K	$363.7K	$13.44K
YoY Change	35819.59%	12270.71%	-0.28%
LONG-TERM LIABILITIES
Long-Term Debt	$1.110M	$1.150M	$1.180M
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$1.110M	$1.150M	$1.180M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$403.4K	$363.7K	$13.44K
Total Long-Term Liabilities	$1.110M	$1.150M	$1.180M
Total Liabilities	$1.515M	$1.509M	$13.44K
YoY Change	134824.4%	51223.91%	-0.28%
SHAREHOLDERS EQUITY
Retained Earnings	-$2.346M	-$2.034M	-$7.791M
YoY Change	-67.6%	-71.88%	8.3%
Common Stock	$484.8K	$474.4K	$474.4K
YoY Change	448.07%	436.27%	436.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$1.081M	-$966.6K	$667.2K
YoY Change
Total Liabilities & Shareholders Equity	$434.5K	$542.3K	$680.6K
YoY Change	185.83%	230.63%	219.59%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2023 Q1
OPERATING ACTIVITIES
Net Income	-$312.4K	-$115.1K	-$260.0K
YoY Change	2964.25%	199.69%	-85.24%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	-$70.00K	-$122.0K	-$110.0K
YoY Change	1111.07%	346.49%	791.41%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities	$0.00	$0.00	-$50.00K
YoY Change
Cash From Investing Activities	$0.00		-$50.00K
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	-30.00K	-$28.00K	660.0K
YoY Change			439900.0%
NET CHANGE
Cash From Operating Activities	-70.00K	-$122.0K	-110.0K
Cash From Investing Activities	0.000		-50.00K
Cash From Financing Activities	-30.00K	-$28.00K	660.0K
Net Change In Cash	-100.0K	-$150.0K	500.0K
YoY Change	1630.1%	449.0%	-4201.72%
FREE CASH FLOW
Cash From Operating Activities	-$70.00K	-$122.0K	-$110.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
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CY2023Q2	dei	Amendment Flag AmendmentFlag	false
CY2023Q2	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2023Q2	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--02-29
CY2023Q2	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2024
CY2023Q2	us-gaap	Notes Payable Noncurrent Related Party Type Extensible Enumeration NotesPayableNoncurrentRelatedPartyTypeExtensibleEnumeration	http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2023Q1	us-gaap	Notes Payable Noncurrent Related Party Type Extensible Enumeration NotesPayableNoncurrentRelatedPartyTypeExtensibleEnumeration	http://fasb.org/us-gaap/2023#RelatedPartyMember
CY2023Q2	SPEV	Shares To Be Issued SharesToBeIssued		usd
CY2023Q1	SPEV	Shares To Be Issued SharesToBeIssued		usd
CY2022Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome		usd
CY2022Q2	us-gaap	Interest Expense Debt InterestExpenseDebt		usd
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CY2023Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges		usd
CY2022Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable		usd
CY2022Q2	SPEV	Increase Decrease In Accrued Interest Related Party IncreaseDecreaseInAccruedInterestRelatedParty		usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities		usd
CY2022Q1	SPEV	Funds Held In Escrow FundsHeldInEscrow		usd
CY2023Q2	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2022Q2	us-gaap	Interest Paid Net InterestPaidNet		usd
CY2023Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2022Q2	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet		usd
CY2023Q2	dei	Document Type DocumentType	10-Q
CY2023Q2	dei	Document Quarterly Report DocumentQuarterlyReport	true
CY2023Q2	dei	Document Period End Date DocumentPeriodEndDate	2023-05-31
CY2023Q2	dei	Document Transition Report DocumentTransitionReport	false
CY2023Q2	dei	Entity File Number EntityFileNumber	001-15913
CY2023Q2	dei	Entity Registrant Name EntityRegistrantName	SHOREPOWER TECHNOLOGIES INC.
CY2023Q2	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
CY2023Q2	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	06-1120072
CY2023Q2	dei	Entity Address Address Line1 EntityAddressAddressLine1	5291 NE Elam Young Pkwy
CY2023Q2	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 160
CY2023Q2	dei	Entity Address City Or Town EntityAddressCityOrTown	Hillsboro
CY2023Q2	dei	Entity Address State Or Province EntityAddressStateOrProvince	OR
CY2023Q2	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	97124
CY2023Q2	dei	City Area Code CityAreaCode	(503)
CY2023Q2	dei	Local Phone Number LocalPhoneNumber	892-7345
CY2023Q2	dei	Security12b Title Security12bTitle	Common Stock
CY2023Q2	dei	Trading Symbol TradingSymbol	SPEV
CY2023Q2	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2023Q2	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
CY2023Q2	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2023Q2	dei	Entity Small Business EntitySmallBusiness	true
CY2023Q2	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
CY2023Q2	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	49190204	shares
CY2023Q2	us-gaap	Cash Cash	517898	usd
CY2023Q1	us-gaap	Cash Cash	114851	usd
CY2023Q1	us-gaap	Escrow Deposit EscrowDeposit	553000	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	2500	usd
CY2023Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	6650	usd
CY2023Q1	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	535	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	14269	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	6880	usd
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CY2023Q1	us-gaap	Assets Current AssetsCurrent	675266	usd
CY2023Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1000	usd
CY2023Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1000	usd
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CY2023Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	69438	usd
CY2023Q1	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	106394	usd
CY2023Q2	SPEV	Accrued Officer Compensation Related Party AccruedOfficerCompensationRelatedParty	50000	usd
CY2023Q1	SPEV	Accrued Officer Compensation Related Party AccruedOfficerCompensationRelatedParty	20000	usd
CY2023Q2	SPEV	Accrued Interest Related Party AccruedInterestRelatedParty	16092	usd
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CY2023Q1	us-gaap	Liabilities Current LiabilitiesCurrent	343478	usd
CY2023Q2	us-gaap	Long Term Notes Payable LongTermNotesPayable	1145224	usd
CY2023Q1	us-gaap	Long Term Notes Payable LongTermNotesPayable	1184309	usd
CY2023Q2	us-gaap	Liabilities Liabilities	1508923	usd
CY2023Q1	us-gaap	Liabilities Liabilities	1527787	usd
CY2023Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
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CY2023Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	6894356	shares
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CY2023Q1	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
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CY2023Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	47435106	shares
CY2023Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	47435106	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	474351	usd
CY2023Q1	us-gaap	Common Stock Value CommonStockValue	474351	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	615284	usd
CY2023Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	615284	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2033787	usd
CY2023Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-1918702	usd
CY2023Q2	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	39975	shares
CY2023Q1	us-gaap	Treasury Stock Common Shares TreasuryStockCommonShares	39975	shares
CY2023Q2	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	42454	usd
CY2023Q1	us-gaap	Treasury Stock Common Value TreasuryStockCommonValue	42454	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-966606	usd
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-851521	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	542317	usd
CY2023Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	676266	usd
CY2023Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	10299	usd
CY2022Q2	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	3043	usd
CY2023Q2	us-gaap	Cost Of Revenue CostOfRevenue	10886	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	10695	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	-587	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	-7652	usd
CY2023Q2	us-gaap	Professional Fees ProfessionalFees	14135	usd
CY2022Q2	us-gaap	Professional Fees ProfessionalFees	4656	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	54311	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	12032	usd
CY2023Q2	us-gaap	Officers Compensation OfficersCompensation	30000	usd
CY2022Q2	us-gaap	Officers Compensation OfficersCompensation	31200	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	98446	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	47888	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-99033	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-55540	usd
CY2023Q2	us-gaap	Other Nonoperating Income OtherNonoperatingIncome	40	usd
CY2023Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	16092	usd
CY2022Q2	SPEV	Impairment Of Fixed Asset ImpairmentOfFixedAsset	-46063	usd
CY2023Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-16052	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-46063	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-115085	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-101603	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.04
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.01
CY2023Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	47435106	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	8845348	shares
CY2023Q1	us-gaap	Stockholders Equity StockholdersEquity	-851521	usd
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CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	-966606	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-1406086	usd
CY2022Q1	us-gaap	Stockholders Equity StockholdersEquity	-1406086	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-101603	usd
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CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-1507689	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	-115085	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-101603	usd
CY2022Q2	us-gaap	Asset Impairment Charges AssetImpairmentCharges	46063	usd
CY2023Q2	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2500	usd
CY2023Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	7389	usd
CY2022Q2	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-9	usd
CY2023Q2	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	6115	usd
CY2022Q2	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	11643	usd
CY2023Q2	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-36956	usd
CY2022Q2	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-61413	usd
CY2023Q2	SPEV	Increase Decrease In Accrued Interest Related Party IncreaseDecreaseInAccruedInterestRelatedParty	16092	usd
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CY2022Q2	SPEV	Increase Decrease In Accrued Officer Compensation IncreaseDecreaseInAccruedOfficerCompensation	31200	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-121953	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-97387	usd
CY2023Q2	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	28000	usd
CY2022Q2	us-gaap	Repayments Of Related Party Debt RepaymentsOfRelatedPartyDebt	3000	usd
CY2023Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-28000	usd
CY2022Q2	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-3000	usd
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CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-100387	usd
CY2023Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	114851	usd
CY2022Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	319980	usd
CY2023Q1	SPEV	Funds Held In Escrow FundsHeldInEscrow	553000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	517898	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	219593	usd
CY2023Q2	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_849_eus-gaap--UseOfEstimates_zd9ybfZ35Bqk" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-indent: 0in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_861_z61fpqLYZ3Wh">Use of Estimates</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0.35pt; 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-top: 0pt; margin-bottom: 0pt; margin-left: 0.35pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with U.S. GAAP 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. The Company’s accounting estimates include the collectability of receivables, useful lives of long-lived assets and recoverability of those assets, impairment in fair value of goodwill.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q2	us-gaap	Inventory Net InventoryNet	14269	usd
CY2023Q1	us-gaap	Inventory Net InventoryNet	6880	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-2033787	usd
CY2023Q1	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	11000000	shares
CY2023Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	0.06
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	660000	usd
CY2023Q1	us-gaap	Legal Fees LegalFees	553000	usd
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	2000000	shares
CY2021Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2023Q2	us-gaap	Interest Expense InterestExpense	1699146	usd
CY2023Q1	us-gaap	Sale Of Stock Number Of Shares Issued In Transaction SaleOfStockNumberOfSharesIssuedInTransaction	11000000	shares
CY2023Q1	us-gaap	Sale Of Stock Price Per Share SaleOfStockPricePerShare	0.06
CY2023Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	660000	usd
CY2023Q1	us-gaap	Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1 ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1	0.25
CY2023Q1	us-gaap	Class Of Warrant Or Right Expense Or Revenue Recognized ClassOfWarrantOrRightExpenseOrRevenueRecognized	The warrants are callable by the Company if its common stock trades at $0.75 for at least 20 trading days and at a volume of not less than 30,000 shares per day
CY2023Q1	us-gaap	Fair Value Adjustment Of Warrants FairValueAdjustmentOfWarrants	524737	usd
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01

Files In Submission

Name	View Source	Status
0001493152-23-024758-index-headers.html	Edgar Link	pending
0001493152-23-024758-index.html	Edgar Link	pending
0001493152-23-024758.txt	Edgar Link	pending
0001493152-23-024758-xbrl.zip	Edgar Link	pending
ex31-1.htm	Edgar Link	pending
ex32-1.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
form10-q.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
form10-q_htm.xml	Edgar Link	completed
R4.htm	Edgar Link	pending
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R6.htm	Edgar Link	pending
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report.css	Edgar Link	pending
Show.js	Edgar Link	pending
spev-20230531.xsd	Edgar Link	pending
spev-20230531_def.xml	Edgar Link	unprocessable
spev-20230531_lab.xml	Edgar Link	unprocessable
spev-20230531_pre.xml	Edgar Link	unprocessable
spev-20230531_cal.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable

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$SPEV
SHOREPOWER TECHNOLOGIES INC. Stock $spev

2023 Q3 Form 10-Q Financial Statement

#000149315223024758 Filed on July 17, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPEV SHOREPOWER TECHNOLOGIES INC. Stock $spev

2023 Q3 Form 10-Q Financial Statement

#000149315223024758 Filed on July 17, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SPEV
SHOREPOWER TECHNOLOGIES INC. Stock $spev