$TZUP
THUMZUP MEDIA Corp

2023 Q2 Form 10-Q Financial Statement

#000149315223017302 Filed on May 15, 2023

View on sec.gov

Income Statement

Concept 2023 Q2 2023 Q1 2022 Q1
Revenue $580.00 $1.770K $3.490K
YoY Change -58.51% -49.28%
Cost Of Revenue $0.00 $120.00
YoY Change
Gross Profit $580.00 $1.650K
YoY Change
Gross Profit Margin 100.0% 93.22%
Selling, General & Admin $511.1K $593.7K $76.84K
YoY Change 288.34% 672.61%
% of Gross Profit 88113.45% 35980.06%
Research & Development $192.1K $125.9K $146.1K
YoY Change 37.26% -13.81%
% of Gross Profit 33121.55% 7629.15%
Depreciation & Amortization $753.00 $2.407K $540.00
YoY Change 39.44% 345.74%
% of Gross Profit 129.83% 145.88%
Operating Expenses $708.9K $722.1K $223.4K
YoY Change 160.52% 223.19%
Operating Profit -$708.3K -$720.3K -$219.9K
YoY Change 161.65% 227.52%
Interest Expense $22.86K -$4.440K
YoY Change -614.77%
% of Operating Profit
Other Income/Expense, Net -$213.7K -$4.443K
YoY Change 4708.96%
Pretax Income -$921.9K -$720.3K -$224.4K
YoY Change 235.08% 221.03%
Income Tax
% Of Pretax Income
Net Earnings -$921.9K -$720.3K -$224.4K
YoY Change 235.08% 221.03%
Net Earnings / Revenue -158954.31% -40695.2% -6428.94%
Basic Earnings Per Share -$0.13 -$0.10 -$0.04
Diluted Earnings Per Share -$0.13 -$0.10 -$36.82K
COMMON SHARES
Basic Shares Outstanding 7.126M shares 7.126M shares 6.094M shares
Diluted Shares Outstanding 7.119M shares 7.119M shares 6.094M shares

Balance Sheet

Concept 2023 Q2 2023 Q1 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $393.1K $528.3K $325.3K
YoY Change -39.87% 62.42%
Cash & Equivalents $393.1K $528.3K $325.3K
Short-Term Investments
Other Short-Term Assets $53.54K $2.900K $0.00
YoY Change
Inventory
Prepaid Expenses $53.54K $2.903K
Receivables
Other Receivables
Total Short-Term Assets $446.7K $531.2K $325.3K
YoY Change -31.69% 63.32%
LONG-TERM ASSETS
Property, Plant & Equipment $6.366K $2.013K $4.170K
YoY Change 75.23% -51.73%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $72.70K $52.43K $4.170K
YoY Change 1901.1% 1157.41%
TOTAL ASSETS
Total Short-Term Assets $446.7K $531.2K $325.3K
Total Long-Term Assets $72.70K $52.43K $4.170K
Total Assets $519.4K $583.7K $329.5K
YoY Change -21.01% 77.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $64.15K $69.53K $35.18K
YoY Change 62.53% 97.64%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $215.3K
YoY Change -100.0% -100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $749.2K $69.53K $250.5K
YoY Change 194.07% -72.24%
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 $749.2K $69.53K $250.5K
Total Long-Term Liabilities $0.00 $0.00 $0.00
Total Liabilities $749.2K $69.53K $250.5K
YoY Change 194.07% -72.24%
SHAREHOLDERS EQUITY
Retained Earnings -$4.203M -$2.807M
YoY Change 208.51%
Common Stock $7.288K $7.126K
YoY Change 15.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$229.8K $514.1K $78.97K
YoY Change
Total Liabilities & Shareholders Equity $519.4K $583.7K $329.5K
YoY Change -21.01% 77.16%

Cashflow Statement

Concept 2023 Q2 2023 Q1 2022 Q1
OPERATING ACTIVITIES
Net Income -$921.9K -$720.3K -$224.4K
YoY Change 235.08% 221.03%
Depreciation, Depletion And Amortization $753.00 $2.407K $540.00
YoY Change 39.44% 345.74%
Cash From Operating Activities -$744.5K -$607.7K -$223.0K
YoY Change 195.54% 172.56%
INVESTING ACTIVITIES
Capital Expenditures $25.95K $52.29K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$25.95K -$52.29K
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 635.3K $33.00K 123.8K
YoY Change 9.44% -73.34%
NET CHANGE
Cash From Operating Activities -744.5K -$607.7K -223.0K
Cash From Investing Activities -25.95K -$52.29K
Cash From Financing Activities 635.3K $33.00K 123.8K
Net Change In Cash -135.2K -$627.0K $0.00
YoY Change -141.14%
FREE CASH FLOW
Cash From Operating Activities -$744.5K -$607.7K -$223.0K
Capital Expenditures $25.95K $52.29K
Free Cash Flow -$770.5K -$660.0K -$223.0K
YoY Change 205.84% 196.01%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001853825
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2022Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
usd
CY2023Q1 TMC Subscriptions Receivable
SubscriptionsReceivable
usd
CY2022Q1 TMC Cost Of Revenues
CostOfRevenues
usd
CY2023Q1 us-gaap Interest Expense
InterestExpense
usd
CY2023Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
usd
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2022Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
usd
CY2023Q1 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
usd
CY2022Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
usd
CY2022Q1 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
usd
CY2022Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
usd
CY2023Q1 TMC Proceeds From Loan
ProceedsFromLoan
usd
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
usd
CY2022Q1 us-gaap Interest Paid Net
InterestPaidNet
usd
CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2022Q1 us-gaap Preferred Stock Dividends Shares
PreferredStockDividendsShares
shares
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Type
DocumentType
10-Q
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Period End Date
DocumentPeriodEndDate
2023-03-31
CY2023Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2023
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2023Q1 dei Entity File Number
EntityFileNumber
333-255624
CY2023Q1 dei Entity File Number
EntityFileNumber
333-255624
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Thumzup Media Corporation
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
Thumzup Media Corporation
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
NV
CY2023Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
85-3651036
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
11845 W. Olympic Blvd.
CY2023Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
11845 W. Olympic Blvd.
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Ste 1100W #13
CY2023Q1 dei Entity Address Address Line2
EntityAddressAddressLine2
Ste 1100W #13
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Los Angeles
CY2023Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Los Angeles
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2023Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90064
CY2023Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
90064
CY2023Q1 dei City Area Code
CityAreaCode
(800)
CY2023Q1 dei Local Phone Number
LocalPhoneNumber
403-6150
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2023Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
No
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Small Business
EntitySmallBusiness
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
CY2023Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023Q1 dei Entity Ex Transition Period
EntityExTransitionPeriod
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q1 dei Entity Shell Company
EntityShellCompany
false
CY2023Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
7126336 shares
CY2023Q1 us-gaap Cash
Cash
528330 usd
CY2022Q4 us-gaap Cash
Cash
1155343 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2903 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2903 usd
CY2023Q1 us-gaap Assets Current
AssetsCurrent
531233 usd
CY2022Q4 us-gaap Assets Current
AssetsCurrent
1158246 usd
CY2023Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2013 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2553 usd
CY2023Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
50421 usd
CY2023Q1 us-gaap Assets
Assets
583667 usd
CY2022Q4 us-gaap Assets
Assets
1160799 usd
CY2023Q1 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
69532 usd
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
91359 usd
CY2023Q1 us-gaap Liabilities Current
LiabilitiesCurrent
69532 usd
CY2022Q4 us-gaap Liabilities Current
LiabilitiesCurrent
91359 usd
CY2023Q1 us-gaap Liabilities
Liabilities
69532 usd
CY2022Q4 us-gaap Liabilities
Liabilities
91359 usd
CY2023Q1 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2022Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7126336 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7126336 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7108336 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7108336 shares
CY2023Q1 us-gaap Common Stock Value
CommonStockValue
7126 usd
CY2022Q4 us-gaap Common Stock Value
CommonStockValue
7108 usd
CY2023Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3314340 usd
CY2022Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
3179913 usd
CY2022Q4 TMC Subscriptions Receivable
SubscriptionsReceivable
-33000 usd
CY2023Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2807459 usd
CY2022Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-2084707 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
514135 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1069440 usd
CY2023Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
583667 usd
CY2022Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1160799 usd
CY2023Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1770 usd
CY2022Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3494 usd
CY2023Q1 TMC Cost Of Revenues
CostOfRevenues
116 usd
CY2023Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
268717 usd
CY2022Q1 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
14861 usd
CY2023Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
125881 usd
CY2022Q1 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
146046 usd
CY2023Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
324954 usd
CY2022Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
61976 usd
CY2023Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
2407 usd
CY2022Q1 us-gaap Depreciation And Amortization
DepreciationAndAmortization
540 usd
CY2023Q1 us-gaap Operating Expenses
OperatingExpenses
722075 usd
CY2022Q1 us-gaap Operating Expenses
OperatingExpenses
223423 usd
CY2023Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-720305 usd
CY2022Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-219929 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
4443 usd
CY2022Q1 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-4443 usd
CY2023Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-720305 usd
CY2022Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-224372 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-720305 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-224372 usd
CY2023Q1 us-gaap Dividends Preferred Stock
DividendsPreferredStock
2447 usd
CY2023Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-722752 usd
CY2022Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-224372 usd
CY2023Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.10
CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.10
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7118933 shares
CY2022Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
6093703 shares
CY2023Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7118933 shares
CY2022Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
6093703 shares
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
179845 usd
CY2022Q1 TMC Common Stock Issued For Investment
CommonStockIssuedForInvestment
123500 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-224372 usd
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
78973 usd
CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
1069440 usd
CY2023Q1 TMC Proceeds From Stock Subscription Receivable
ProceedsFromStockSubscriptionReceivable
33000 usd
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
132000 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-720305 usd
CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
514135 usd
CY2023Q1 us-gaap Net Income Loss
NetIncomeLoss
-720305 usd
CY2022Q1 us-gaap Net Income Loss
NetIncomeLoss
-224372 usd
CY2023Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2407 usd
CY2022Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
540 usd
CY2023Q1 us-gaap Issuance Of Stock And Warrants For Services Or Claims
IssuanceOfStockAndWarrantsForServicesOrClaims
132000 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-21827 usd
CY2022Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
863 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-607725 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-222969 usd
CY2023Q1 us-gaap Payments To Acquire Software
PaymentsToAcquireSoftware
52288 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-52288 usd
CY2023Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
33000 usd
CY2022Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
123500 usd
CY2022Q1 TMC Proceeds From Loan
ProceedsFromLoan
300 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
33000 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
123800 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-627013 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-99169 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1155343 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
424445 usd
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
528330 usd
CY2022Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
325276 usd
CY2023Q1 us-gaap Preferred Stock Dividends Shares
PreferredStockDividendsShares
2447 shares
CY2023Q1 us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_80C_eus-gaap--NatureOfOperations_zL7xiXEnhMY8" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Note 1 - <span id="xdx_823_zA7XTyYRLbh2">Business Organization and Nature of Operations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Thumzup Media Corporation (“Thumzup” or “Company”) was incorporated on October 27, 2020, under the laws of the State of Nevada, and its headquarters is located in Los Angeles, California. The Company’s primary business is software as a service provider dedicated to connecting businesses with consumers and allowing the business to incentivize consumers to post about their experience on social media. Thumzup’s mission is to democratize social media marketing by connecting advertisers with non-professional people, who can be paid for their posts about products and services they love through its technology which utilizes a proprietary mobile app (“App”). The App generates scalable word-of-mouth product posts and recommendations for advertisers on social media and is designed to connect advertisers with individuals who are willing to promote their products online.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is an “emerging growth company” as that term is used in the Jumpstart our Business Startups Act of 2012, and as such, has elected to comply with certain reduced public company reporting requirements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84A_eus-gaap--UseOfEstimates_z3wCKbqa0OEj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i><span id="xdx_86D_zofQurRKvWJg">Use of Estimates</span></i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; 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: 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The Company prepares its financial statements in accordance with accounting principles generally accepted in the United States of America, which requires management to use its judgment to make estimates and assumptions that affect the reported amounts of assets and liabilities and related disclosures at the date of the financial statements and the reported amounts of expenses during the reported period. These assumptions and estimates could have a material effect on the financial statements. Actual results may differ materially from those estimates. The Company’s management periodically reviews estimates on an ongoing basis based on information currently available, and changes in facts and circumstances may cause the Company to revise these estimates.</span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> Significant estimates include estimates used in the valuation allowance related to deferred tax assets and capitalized software costs. Actual results may differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
528330 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1155343 usd
CY2023Q1 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q1 us-gaap Cash Uninsured Amount
CashUninsuredAmount
278330 usd
CY2022Q4 us-gaap Cash Uninsured Amount
CashUninsuredAmount
905343 usd
CY2023Q1 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2903 usd
CY2022Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2903 usd
CY2023Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
540 usd
CY2022Q1 us-gaap Depreciation Nonproduction
DepreciationNonproduction
540 usd
CY2023Q1 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
52288 usd
CY2022Q1 us-gaap Capitalized Software Development Costs For Software Sold To Customers
CapitalizedSoftwareDevelopmentCostsForSoftwareSoldToCustomers
0 usd
CY2023Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
1867 usd
CY2022Q1 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
0 usd
CY2023Q1 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
50421 usd
CY2022Q4 us-gaap Capitalized Computer Software Gross
CapitalizedComputerSoftwareGross
0 usd
CY2023Q1 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
1867 usd
CY2022Q4 us-gaap Capitalized Computer Software Accumulated Amortization
CapitalizedComputerSoftwareAccumulatedAmortization
0 usd
CY2023Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1924680 shares
CY2022Q1 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2171209 shares
CY2023Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
528330 usd
CY2022Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1155343 usd
CY2023Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-607725 usd
CY2022Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-222969 usd
CY2022Q4 TMC Stock Issued During Shares Subscriptions
StockIssuedDuringSharesSubscriptions
74903 shares
CY2022Q4 TMC Stock Issued During Value Subscriptions
StockIssuedDuringValueSubscriptions
333418.50 usd
CY2023Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2022Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2023Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7126336 shares
CY2023Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7126336 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
7108336 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
7108336 shares
CY2023Q1 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
132000 usd
CY2022Q4 TMC Stock Issued During Shares Subscriptions
StockIssuedDuringSharesSubscriptions
74903 shares
CY2022Q4 TMC Stock Issued During Value Subscriptions
StockIssuedDuringValueSubscriptions
333418.50 usd

Files In Submission

Name View Source Status
0001493152-23-017302-index-headers.html Edgar Link pending
0001493152-23-017302-index.html Edgar Link pending
0001493152-23-017302.txt Edgar Link pending
0001493152-23-017302-xbrl.zip Edgar Link pending
ex31-1.htm Edgar Link pending
ex31-2.htm Edgar Link pending
ex32-1.htm Edgar Link pending
ex32-2.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
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R3.htm Edgar Link pending
R4.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
tmc-20230331.xsd Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
tmc-20230331_cal.xml Edgar Link unprocessable
tmc-20230331_def.xml Edgar Link unprocessable
tmc-20230331_lab.xml Edgar Link unprocessable
tmc-20230331_pre.xml Edgar Link unprocessable
form10-q_htm.xml Edgar Link completed