2021 Q3 Form 10-Q Financial Statement
#000089109221006212 Filed on August 19, 2021
Income Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q4 |
---|---|---|---|
Revenue | $1.651M | $1.710M | $1.169M |
YoY Change | 66.2% | 41.84% | 26.85% |
Cost Of Revenue | $1.114M | $915.8K | $573.1K |
YoY Change | 98.24% | 21.83% | -37.49% |
Gross Profit | $537.0K | $793.9K | $596.2K |
YoY Change | 24.47% | 74.99% | 11613.56% |
Gross Profit Margin | 32.52% | 46.43% | 50.99% |
Selling, General & Admin | $489.1K | $457.9K | $468.0K |
YoY Change | 24.38% | 22.88% | -16.94% |
% of Gross Profit | 91.07% | 57.68% | 78.49% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $0.00 | ||
YoY Change | -100.0% | ||
% of Gross Profit | 0.0% | ||
Operating Expenses | $489.1K | $457.9K | $468.0K |
YoY Change | 24.38% | 22.87% | -16.94% |
Operating Profit | $47.96K | $336.0K | $128.3K |
YoY Change | 25.35% | 314.69% | -122.97% |
Interest Expense | -$96.37K | -$71.22K | -$117.4K |
YoY Change | -31.61% | -45.79% | -16.5% |
% of Operating Profit | -200.94% | -21.2% | -91.56% |
Other Income/Expense, Net | -$96.37K | -$71.22K | |
YoY Change | -45.79% | ||
Pretax Income | -$48.41K | $264.8K | $10.82K |
YoY Change | -52.84% | -625.9% | -101.55% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$48.41K | $264.8K | $10.82K |
YoY Change | -52.84% | -625.85% | -101.55% |
Net Earnings / Revenue | -2.93% | 15.49% | 0.93% |
Basic Earnings Per Share | $0.00 | ||
Diluted Earnings Per Share | -$563.10 | $0.00 | $133.70 |
COMMON SHARES | |||
Basic Shares Outstanding | 85.98M shares | 85.98M shares | |
Diluted Shares Outstanding | 85.98M shares | 86.91M shares |
Balance Sheet
Concept | 2021 Q3 | 2021 Q2 | 2020 Q4 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $7.860K | $16.83K | |
YoY Change | -32.24% | -89.0% | |
Cash & Equivalents | $7.858K | $16.83K | |
Short-Term Investments | |||
Other Short-Term Assets | $270.2K | $112.9K | $140.2K |
YoY Change | 285.97% | 2.61% | 153.18% |
Inventory | $442.1K | $509.4K | $457.7K |
Prepaid Expenses | |||
Receivables | $276.6K | $221.0K | $19.16K |
Other Receivables | $5.913K | $0.00 | $0.00 |
Total Short-Term Assets | $996.7K | $860.1K | $617.1K |
YoY Change | 8492.41% | 462.13% | -32.15% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $235.9K | $254.6K | $291.3K |
YoY Change | -23.91% | -22.84% | -19.7% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | |||
YoY Change | |||
Total Long-Term Assets | $235.9K | $254.6K | $291.3K |
YoY Change | -74.59% | -73.39% | -19.7% |
TOTAL ASSETS | |||
Total Short-Term Assets | $996.7K | $860.1K | $617.1K |
Total Long-Term Assets | $235.9K | $254.6K | $291.3K |
Total Assets | $1.233M | $1.115M | $908.3K |
YoY Change | 31.13% | 0.42% | -28.6% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $105.3K | $57.67K | $86.51K |
YoY Change | -74.31% | -85.21% | -59.14% |
Accrued Expenses | $66.10K | $66.10K | $58.70K |
YoY Change | 10.17% | 32.2% | 26.84% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $2.091M | $1.913M | $2.034M |
YoY Change | 1.51% | -11.42% | -13.47% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $2.579M | $2.397M | $2.509M |
YoY Change | 51477.0% | -7.79% | -4.01% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $553.6K | $553.6K | $363.6K |
YoY Change | 53.78% | 58.18% | |
Other Long-Term Liabilities | $227.4K | $242.5K | $277.5K |
YoY Change | -21.59% | -21.78% | -17.46% |
Total Long-Term Liabilities | $781.0K | $796.1K | $641.1K |
YoY Change | 20.16% | 20.62% | 90.69% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $2.579M | $2.397M | $2.509M |
Total Long-Term Liabilities | $781.0K | $796.1K | $641.1K |
Total Liabilities | $3.360M | $3.194M | $3.150M |
YoY Change | 5.32% | -2.04% | 6.78% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$10.23M | -$10.18M | -$10.34M |
YoY Change | |||
Common Stock | |||
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$2.127M | -$2.079M | -$2.242M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.233M | $1.115M | $908.3K |
YoY Change | 31.13% | 0.42% | -28.6% |
Cashflow Statement
Concept | 2021 Q3 | 2021 Q2 | 2020 Q4 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$48.41K | $264.8K | $10.82K |
YoY Change | -52.84% | -625.85% | -101.55% |
Depreciation, Depletion And Amortization | $0.00 | ||
YoY Change | -100.0% | ||
Cash From Operating Activities | -$186.7K | $86.04K | $18.17K |
YoY Change | 221.02% | -1146.72% | -107.26% |
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 | 177.8K | -75.00K | -29.78K |
YoY Change | -313.58% | -147.9% | -112.09% |
NET CHANGE | |||
Cash From Operating Activities | -186.7K | 86.04K | 18.17K |
Cash From Investing Activities | |||
Cash From Financing Activities | 177.8K | -75.00K | -29.78K |
Net Change In Cash | -8.980K | 11.04K | -11.61K |
YoY Change | -93.65% | -92.56% | 184.56% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$186.7K | $86.04K | $18.17K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
45-1740641 | ||
dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
3001 Griffin Road | ||
dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Fort Lauderdale | ||
dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2021 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001376231 | ||
dei |
Document Quarterly Report
DocumentQuarterlyReport
|
true | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2021-06-30 | ||
dei |
Document Transition Report
DocumentTransitionReport
|
false | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
VPR Brands, LP | ||
dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | ||
dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
33312 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | ||
CY2021Q2 | us-gaap |
Other Long Term Notes Payable
OtherLongTermNotesPayable
|
553619 | USD |
CY2020Q4 | us-gaap |
Other Long Term Notes Payable
OtherLongTermNotesPayable
|
363562 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
242473 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
277485 | USD |
CY2021Q2 | us-gaap |
Liabilities
Liabilities
|
3193512 | USD |
CY2020Q4 | us-gaap |
Liabilities
Liabilities
|
3150314 | USD |
CY2021Q2 | us-gaap |
Limited Partners Capital Account Units Authorized
LimitedPartnersCapitalAccountUnitsAuthorized
|
100000000 | shares |
CY2020Q4 | us-gaap |
Limited Partners Capital Account Units Authorized
LimitedPartnersCapitalAccountUnitsAuthorized
|
100000000 | shares |
CY2020Q4 | us-gaap |
Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
|
85975911 | shares |
CY2020Q4 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
85975911 | shares |
CY2021Q2 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
8015891 | USD |
CY2020Q4 | us-gaap |
Limited Partners Capital Account
LimitedPartnersCapitalAccount
|
8015891 | USD |
CY2021Q2 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
1680721 | shares |
CY2020Q4 | us-gaap |
Common Unit Issued
CommonUnitIssued
|
1680721 | shares |
CY2021Q2 | us-gaap |
Common Unit Issuance Value
CommonUnitIssuanceValue
|
84313 | USD |
CY2020Q4 | us-gaap |
Common Unit Issuance Value
CommonUnitIssuanceValue
|
84313 | USD |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10179038 | USD |
dei |
City Area Code
CityAreaCode
|
954 | ||
dei |
Local Phone Number
LocalPhoneNumber
|
715-7001 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
false | ||
CY2021Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
85975911 | shares |
CY2021Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
16833 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
USD | |
CY2021Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
220994 | USD |
CY2020Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
19157 | USD |
CY2021Q2 | us-gaap |
Inventory Net
InventoryNet
|
509353 | USD |
CY2020Q4 | us-gaap |
Inventory Net
InventoryNet
|
457736 | USD |
CY2021Q2 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
96092 | USD |
CY2020Q4 | us-gaap |
Deposits Assets Current
DepositsAssetsCurrent
|
123384 | USD |
CY2021Q2 | us-gaap |
Deposit Assets
DepositAssets
|
16780 | USD |
CY2020Q4 | us-gaap |
Deposit Assets
DepositAssets
|
16780 | USD |
CY2021Q2 | us-gaap |
Assets Current
AssetsCurrent
|
860052 | USD |
CY2020Q4 | us-gaap |
Assets Current
AssetsCurrent
|
617057 | USD |
CY2021Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
254626 | USD |
CY2020Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
291288 | USD |
CY2021Q2 | us-gaap |
Assets
Assets
|
1114678 | USD |
CY2020Q4 | us-gaap |
Assets
Assets
|
908345 | USD |
CY2021Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
343294 | USD |
CY2020Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
|
312695 | USD |
CY2021Q2 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
57672 | USD |
CY2020Q4 | us-gaap |
Accounts Payable Related Parties Current
AccountsPayableRelatedPartiesCurrent
|
86514 | USD |
CY2021Q2 | VPRB |
Customer Deposits
CustomerDeposits
|
16950 | USD |
CY2020Q4 | VPRB |
Customer Deposits
CustomerDeposits
|
16950 | USD |
CY2021Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
66102 | USD |
CY2020Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
58696 | USD |
CY2021Q2 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
322638 | USD |
CY2020Q4 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
401493 | USD |
CY2021Q2 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
565764 | USD |
CY2020Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
607919 | USD |
CY2021Q2 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1025000 | USD |
CY2020Q4 | us-gaap |
Convertible Notes Payable Current
ConvertibleNotesPayableCurrent
|
1025000 | USD |
CY2021Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2397420 | USD |
CY2020Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
2509267 | USD |
CY2021Q2 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
85975911 | shares |
CY2021Q2 | us-gaap |
Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
|
85975911 | shares |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
2961777 | USD | |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1804003 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1626316 | USD | |
us-gaap |
Cost Of Revenue
CostOfRevenue
|
1137819 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
1335461 | USD | |
us-gaap |
Gross Profit
GrossProfit
|
666184 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
995798 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
849476 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
995798 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
849476 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
339663 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-183292 | USD | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
130882 | USD | |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
139036 | USD | |
us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
45646 | USD | |
us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
149616 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-176528 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-288652 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
163135 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-471944 | USD | |
CY2020Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10342173 | USD |
CY2021Q2 | us-gaap |
Partners Capital
PartnersCapital
|
-2078834 | USD |
CY2020Q4 | us-gaap |
Partners Capital
PartnersCapital
|
-2241969 | USD |
CY2021Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1114678 | USD |
CY2020Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
908345 | USD |
CY2021Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1709719 | USD |
CY2020Q2 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
1205370 | USD |
CY2021Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
915815 | USD |
CY2021Q1 | us-gaap |
Partners Capital
PartnersCapital
|
-2343620 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
264786 | USD |
CY2021Q2 | us-gaap |
Partners Capital
PartnersCapital
|
-2078834 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
163135 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-471944 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
51617 | USD | |
us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-222329 | USD | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
-27292 | USD | |
us-gaap |
Increase Decrease In Deposit Other Assets
IncreaseDecreaseInDepositOtherAssets
|
58916 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
201837 | USD | |
CY2020Q2 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
751691 | USD |
CY2021Q2 | us-gaap |
Gross Profit
GrossProfit
|
793904 | USD |
CY2020Q2 | us-gaap |
Gross Profit
GrossProfit
|
453679 | USD |
CY2021Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
457895 | USD |
CY2020Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
372652 | USD |
CY2021Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
457895 | USD |
CY2020Q2 | us-gaap |
Operating Expenses
OperatingExpenses
|
372652 | USD |
CY2021Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
336009 | USD |
CY2020Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
81027 | USD |
CY2021Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
54320 | USD |
CY2020Q2 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
56143 | USD |
CY2021Q2 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
16903 | USD |
CY2020Q2 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
75238 | USD |
CY2021Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-71223 | USD |
CY2020Q2 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-131381 | USD |
CY2021Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
264786 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-50354 | USD |
CY2021Q2 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
|
0.00 | |
CY2020Q2 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
|
-0.00 | |
CY2021Q2 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
0.00 | |
CY2020Q2 | us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-0.00 | |
CY2021Q2 | us-gaap |
Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
|
85975911 | shares |
CY2020Q2 | us-gaap |
Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
|
85975911 | shares |
CY2021Q2 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
86909616 | shares |
CY2020Q2 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
85975911 | shares |
CY2019Q4 | us-gaap |
Partners Capital
PartnersCapital
|
-1678190 | USD |
CY2020Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-421590 | USD |
CY2020Q1 | us-gaap |
Partners Capital
PartnersCapital
|
-2099780 | USD |
CY2020Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-50354 | USD |
CY2020Q2 | us-gaap |
Partners Capital
PartnersCapital
|
-2150134 | USD |
CY2020Q4 | us-gaap |
Partners Capital
PartnersCapital
|
-2241969 | USD |
CY2021Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-101651 | USD |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-87271 | USD | |
VPRB |
Increase Decrease In Contract With Customer Deposits
IncreaseDecreaseInContractWithCustomerDeposits
|
USD | ||
VPRB |
Increase Decrease In Contract With Customer Deposits
IncreaseDecreaseInContractWithCustomerDeposits
|
USD | ||
VPRB |
Increase Decrease In Right To Use Asset And Obligation
IncreaseDecreaseInRightToUseAssetAndObligation
|
-9056 | USD | |
VPRB |
Increase Decrease In Right To Use Asset And Obligation
IncreaseDecreaseInRightToUseAssetAndObligation
|
-15302 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
1757 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
176347 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-52214 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-29611 | USD | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
190057 | USD | |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
USD | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
USD | ||
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
353562 | USD | |
us-gaap |
Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
|
0.00 | ||
us-gaap |
Net Income Loss Per Outstanding Limited Partnership And General Partnership Unit Basic
NetIncomeLossPerOutstandingLimitedPartnershipAndGeneralPartnershipUnitBasic
|
-0.01 | ||
us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
0.00 | ||
us-gaap |
Net Income Loss Net Of Tax Per Outstanding Limited Partnership Unit Diluted
NetIncomeLossNetOfTaxPerOutstandingLimitedPartnershipUnitDiluted
|
-0.01 | ||
us-gaap |
Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
|
85975911 | shares | |
us-gaap |
Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
|
85975911 | shares | |
us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
86909616 | shares | |
us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
85975911 | shares | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
78855 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
198365 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
310000 | USD | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
430001 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
352155 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
425383 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
69047 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
159815 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
16833 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
130204 | USD | |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
USD | |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
22797 | USD |
CY2021Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
16833 | USD |
CY2020Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
153001 | USD |
us-gaap |
Interest Paid Net
InterestPaidNet
|
208065 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
250090 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
USD | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:9pt; margin-bottom:0pt; "> <span style="font-weight:bold; ">NOTE 1. ORGANIZATION</span></p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom:0pt; ">VPR Brands, LP (the “Company”, “we”, “our”) was incorporated in New York on July 19, 2004, as Jobsinsite.com, Inc. On August 5, 2004, we changed our name to Jobsinsite, Inc. On June 18, 2009, we merged with a Delaware corporation and became Jobsinsite, Inc. On July 1, 2009, we filed articles of conversion with the secretary of state of Delaware and became Soleil Capital L.P., a Delaware limited partnership. On September 2, 2015, we changed our name to VPR Brands, LP. We are managed by Soleil Capital Management LLC, a Delaware limited liability company.</p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom:0pt; ">The Company is engaged in various monetization strategies of a U.S. patent that the Company owns covering electronic cigarette, electronic cigar and personal vaporizer patents, as well as a patent for an inverted pocket lighter. The Company also designs, develops, markets and distributes products (the HoneyStick brand of vaporizers and the Goldline CBD products) oriented toward the cannabis markets. This allows us to capitalize on the rapidly growing expansion within the cannabis markets. The Company is also identifying electronic cigarette companies that may be infringing our patents and exploring options to license and or enforce our patents. The Company is now also selling DISSIM brand pocket lighters for which it holds a U.S. patent and patents pending. </p> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:9pt; margin-bottom:0pt; "> <span style="font-weight:bold; font-style:italic; ">Use of Estimates</span></p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:justify; margin-top:11pt; margin-bottom:0pt; ">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the financial statements and accompanying notes. Actual results could differ from those estimates. </p> | ||
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
205405 | USD | |
VPRB |
Weighted Average Limited Partnership And General Partnership Units Outstanding Convertible Debt
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingConvertibleDebt
|
933705 | shares | |
CY2021Q2 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
13106 | USD |
CY2020Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
112017 | USD |
us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
78264 | USD | |
CY2020 | us-gaap |
Provision For Other Losses
ProvisionForOtherLosses
|
73350 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10179322 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10179322 | shares | |
CY2020Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10179322 | shares |
CY2021Q2 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
10179322 | shares |
CY2021Q2 | us-gaap |
Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
|
85975911 | shares |
CY2021Q2 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
307056 | USD |
CY2021Q2 | VPRB |
Weighted Average Limited Partnership And General Partnership Units Outstanding Convertible Debt
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingConvertibleDebt
|
933705 | shares |
CY2021Q2 | VPRB |
Net Income Convertible Debt
NetIncomeConvertibleDebt
|
750 | USD |
CY2021Q2 | us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
86909616 | shares |
CY2021Q2 | VPRB |
Net Income Diluted
NetIncomeDiluted
|
307806 | USD |
us-gaap |
Weighted Average Limited Partnership And General Partnership Units Outstanding Basic
WeightedAverageLimitedPartnershipAndGeneralPartnershipUnitsOutstandingBasic
|
85975911 | shares | |
CY2019Q4 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
455100 | USD |
CY2021Q2 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
565764 | USD |
VPRB |
Net Income Convertible Debt
NetIncomeConvertibleDebt
|
1500 | USD | |
us-gaap |
Weighted Average Limited Partnership Units Outstanding Diluted
WeightedAverageLimitedPartnershipUnitsOutstandingDiluted
|
86909616 | shares | |
VPRB |
Net Income Diluted
NetIncomeDiluted
|
206905 | USD | |
CY2021Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-10179038 | USD |
CY2021Q2 | VPRB |
Working Capital Deficit
WorkingCapitalDeficit
|
1537607 | USD |
CY2020Q4 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
765055 | USD |
us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
190057 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
78855 | USD | |
CY2021Q2 | us-gaap |
Other Notes Payable
OtherNotesPayable
|
876257 | USD |
CY2021Q2 | us-gaap |
Other Notes Payable Current
OtherNotesPayableCurrent
|
322638 | USD |
CY2021Q2 | us-gaap |
Other Long Term Notes Payable
OtherLongTermNotesPayable
|
553619 | USD |
CY2020Q4 | us-gaap |
Notes Payable Related Parties Classified Current
NotesPayableRelatedPartiesClassifiedCurrent
|
607919 | USD |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
310000 | USD | |
us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
352155 | USD | |
CY2019Q4 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
66600 | USD |
CY2019Q4 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
133200 | USD |
CY2019Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
133200 | USD |
CY2019Q4 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
122100 | USD |
us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
378426 | USD | |
VPRB |
Amortized Operating Lease Right To Use Asset
AmortizedOperatingLeaseRightToUseAsset
|
36865 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
65838 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
86768 | USD |