2023 Q1 Form 10-K Financial Statement
#000155889123000025 Filed on March 30, 2023
Income Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
Revenue | $0.00 | $0.00 | |
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | |||
YoY Change | |||
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $3.250K | $15.00K | |
YoY Change | 41.3% | -28.91% | |
Operating Profit | |||
YoY Change | |||
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | $0.00 | |
YoY Change | |||
Pretax Income | |||
YoY Change | |||
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$3.250K | -$15.00K | |
YoY Change | 41.3% | -28.91% | |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | |
Diluted Earnings Per Share | |||
COMMON SHARES | |||
Basic Shares Outstanding | 5.600M shares | 5.600M shares | 5.600M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | $0.00 | $0.00 | |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $0.00 | ||
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 | |||
YoY Change | |||
Total Long-Term Assets | $0.00 | ||
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $0.00 | ||
Total Long-Term Assets | $0.00 | ||
Total Assets | $0.00 | ||
YoY Change | -100.0% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $10.92K | ||
YoY Change | 11.43% | ||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | |||
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $17.72K | ||
YoY Change | 64.07% | ||
LONG-TERM LIABILITIES | |||
Long-Term Debt | |||
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | |||
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $17.72K | ||
Total Long-Term Liabilities | |||
Total Liabilities | $17.72K | ||
YoY Change | 64.07% | ||
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$103.7K | ||
YoY Change | 16.9% | ||
Common Stock | $5.600K | ||
YoY Change | 0.0% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$17.72K | ||
YoY Change | |||
Total Liabilities & Shareholders Equity | $0.00 | ||
YoY Change | -100.0% |
Cashflow Statement
Concept | 2023 Q1 | 2022 Q4 | 2022 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$3.250K | -$15.00K | |
YoY Change | 41.3% | -28.91% | |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$4.150K | -$8.080K | |
YoY Change | -48.64% | -41.87% | |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | |||
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 | $4.150K | $0.00 | |
YoY Change | -100.0% | ||
NET CHANGE | |||
Cash From Operating Activities | -$4.150K | -$8.080K | |
Cash From Investing Activities | $0.00 | $0.00 | |
Cash From Financing Activities | $4.150K | $0.00 | |
Net Change In Cash | $0.00 | -$8.080K | |
YoY Change | -100.0% | -37.36% | |
FREE CASH FLOW | |||
Cash From Operating Activities | -$4.150K | -$8.080K | |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2022 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2022 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2022 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2022 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
No | |
CY2022 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
No | |
CY2022 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2022 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2022 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2022 | dei |
Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
|
false | |
CY2022 | dei |
Document Type
DocumentType
|
10-K | |
CY2022 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2022 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2022-12-31 | |
CY2022 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2022 | dei |
Entity File Number
EntityFileNumber
|
333-222880 | |
CY2022 | dei |
Entity Registrant Name
EntityRegistrantName
|
TIPMEFAST, INC. | |
CY2022 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
NV | |
CY2022 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
83-4057513 | |
CY2022 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
Raid Chalil | |
CY2022 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
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HaShnura St 1 | |
CY2022 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
ZihronYa’akow | |
CY2022 | dei |
Entity Address Country
EntityAddressCountry
|
IL | |
CY2022 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
30950 | |
CY2022 | dei |
City Area Code
CityAreaCode
|
972 | |
CY2022 | dei |
Local Phone Number
LocalPhoneNumber
|
373-70057 | |
CY2022 | dei |
Entity Address Address Description
EntityAddressAddressDescription
|
Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices | |
CY2022 | dei |
Phone Fax Number Description
PhoneFaxNumberDescription
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Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices | |
CY2022 | dei |
Entity Shell Company
EntityShellCompany
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true | |
CY2023Q1 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
5600000 | shares |
CY2023Q1 | dei |
Entity Public Float
EntityPublicFloat
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0 | usd |
CY2022 | dei |
Auditor Firm
AuditorFirmId
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5041 | |
CY2022 | dei |
Auditor Name
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|
BF Borgers CPA PC | |
CY2022 | dei |
Auditor Location
AuditorLocation
|
Lakewood, CO | |
CY2022Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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0 | usd |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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8080 | usd |
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Assets Current
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Assets
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8080 | usd |
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Accounts Payable Current
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10920 | usd |
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Accounts Payable Current
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9800 | usd |
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Due To Related Parties Current1
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6800 | usd |
CY2021Q4 | fil |
Due To Related Parties Current1
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1000 | usd |
CY2022Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
17720 | usd |
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Liabilities Current
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|
10800 | usd |
CY2022Q4 | us-gaap |
Liabilities
Liabilities
|
17720 | usd |
CY2021Q4 | us-gaap |
Liabilities
Liabilities
|
10800 | usd |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2021Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5600000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5600000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5600000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5600000 | shares |
CY2022Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
5600 | usd |
CY2021Q4 | us-gaap |
Common Stock Value
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|
5600 | usd |
CY2022Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
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80415 | usd |
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Additional Paid In Capital
AdditionalPaidInCapital
|
80415 | usd |
CY2022Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-103735 | usd |
CY2021Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
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Stockholders Equity
StockholdersEquity
|
-17720 | usd |
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Stockholders Equity
StockholdersEquity
|
-2720 | usd |
CY2022Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
0 | usd |
CY2021Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8080 | usd |
CY2022 | us-gaap |
Revenues
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0 | usd |
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Revenues
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|
0 | usd |
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
8000 | usd |
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
6000 | usd |
CY2022 | us-gaap |
Professional Fees
ProfessionalFees
|
7000 | usd |
CY2021 | us-gaap |
Professional Fees
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|
15100 | usd |
CY2022 | us-gaap |
Operating Expenses
OperatingExpenses
|
15000 | usd |
CY2021 | us-gaap |
Operating Expenses
OperatingExpenses
|
21100 | usd |
CY2022 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
0 | usd |
CY2021 | us-gaap |
Interest Income Expense Net
InterestIncomeExpenseNet
|
0 | usd |
CY2022 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | usd |
CY2021 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
0 | usd |
CY2022 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-15000 | usd |
CY2021 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-21100 | usd |
CY2022 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2021 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2022 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5600000 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
5600000 | shares |
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
18380 | usd |
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Net Income Loss
NetIncomeLoss
|
-21100 | usd |
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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|
-2720 | usd |
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Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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|
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Net Income Loss
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|
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Net Income Loss
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|
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IncreaseDecreaseInAccountsPayable
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Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
7200 | usd |
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Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
5800 | usd |
CY2021 | us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
0 | usd |
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Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
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Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
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Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
0 | usd |
CY2021 | us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
1000 | usd |
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Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
0 | usd |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1000 | usd |
CY2022 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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|
8080 | usd |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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20980 | usd |
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
0 | usd |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
8080 | usd |
CY2022 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd |
CY2021 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | usd |
CY2022 | us-gaap |
Income Taxes Paid Net
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Income Taxes Paid Net
IncomeTaxesPaidNet
|
0 | usd |
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Cash And Cash Equivalents At Carrying Value
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0 | usd |
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<p style="font:10pt Times New Roman;margin:0"><span style="border-bottom:1px solid #000000">Use of Estimates</span></p> <p style="font:10pt Times New Roman;margin:0;text-align:justify"> </p> <p style="font:10pt Times New Roman;margin:0;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 the financial statements and the reported amount of revenues and expenses during the reporting period. Actual results could differ from those estimates.</p> | |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5600000 | shares |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
103735 | usd |
CY2022Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
75000000 | shares |
CY2022Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5600000 | shares |
CY2022Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
5600000 | shares |
CY2021Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
5600000 | shares |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards Limitations On Use
OperatingLossCarryforwardsLimitationsOnUse
|
will expire beginning in the year 2037 | |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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|
0.21 | pure |
CY2022 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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-3150 | usd |
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Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
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Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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|
3150 | usd |
CY2021 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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4431 | usd |
CY2022 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2021 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
0 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
21784 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
18634 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
21784 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
18634 | usd |
CY2022Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2021Q4 | us-gaap |
Deferred Tax Assets Net
DeferredTaxAssetsNet
|
0 | usd |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
|
0 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.21 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-0.21 | pure |
CY2022 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2021 | us-gaap |
Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
|
0 | pure |
CY2022Q4 | us-gaap |
Operating Loss Carryforwards
OperatingLossCarryforwards
|
103735 | usd |