2023 Q1 Form 10-Q Financial Statement

#000121390023040914 Filed on May 17, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022 Q1
Revenue $3.081M $1.721M $1.055M
YoY Change 191.98% 6.89% -15.72%
Cost Of Revenue $2.557M $1.294M $629.1K
YoY Change 306.5% -3.89% -11.45%
Gross Profit $523.7K $426.2K $426.1K
YoY Change 22.9% 62.2% -21.32%
Gross Profit Margin 17.0% 24.77% 40.38%
Selling, General & Admin $404.7K $441.5K $515.4K
YoY Change -21.49% -1.56% -4.18%
% of Gross Profit 77.28% 103.59% 120.96%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $404.7K $441.5K $515.4K
YoY Change -21.49% -1.56% -4.18%
Operating Profit $119.0K -$15.31K -$89.33K
YoY Change -233.22% -91.76% -2540.71%
Interest Expense $10.04K -$58.56K -$28.16K
YoY Change -135.67% -145.97% -73.26%
% of Operating Profit 8.44%
Other Income/Expense, Net -$93.69K -$1.810K -$29.75K
YoY Change 214.94% -98.58%
Pretax Income $25.31K -$75.67K -$147.2K
YoY Change -117.19% -707.79% 44.85%
Income Tax
% Of Pretax Income
Net Earnings $25.31K -$75.67K -$147.2K
YoY Change -117.19% -707.79% 44.85%
Net Earnings / Revenue 0.82% -4.4% -13.95%
Basic Earnings Per Share $0.00
Diluted Earnings Per Share $0.00 $0.00 -$1.713K
COMMON SHARES
Basic Shares Outstanding 88.80M shares 88.80M shares 85.98M shares
Diluted Shares Outstanding 88.80M shares 85.98M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $103.4K $22.42K $6.080K
YoY Change 1600.99% 765.64% 4.65%
Cash & Equivalents $103.4K $22.42K $6.083K
Short-Term Investments
Other Short-Term Assets $158.4K $636.1K $79.87K
YoY Change 98.28% 630.21% -73.99%
Inventory $620.5K $474.9K $595.8K
Prepaid Expenses
Receivables $380.0K $355.3K $163.3K
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.262M $1.489M $845.0K
YoY Change 49.38% 43.04% 13.39%
LONG-TERM ASSETS
Property, Plant & Equipment $137.8K $143.9K $296.3K
YoY Change -53.5% -32.79% 8.54%
Goodwill
YoY Change
Intangibles $0.00
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $137.8K $143.9K $296.3K
YoY Change -53.5% -32.8% 8.54%
TOTAL ASSETS
Total Short-Term Assets $1.262M $1.489M $845.0K
Total Long-Term Assets $137.8K $143.9K $296.3K
Total Assets $1.400M $1.633M $1.141M
YoY Change 22.67% 30.11% 12.09%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $291.0K $488.4K $87.16K
YoY Change 233.85% 354.67% 9.66%
Accrued Expenses $236.4K $22.35K $110.3K
YoY Change 114.27% -83.25% 77.09%
Deferred Revenue $458.3K
YoY Change
Short-Term Debt $2.043M $2.342M $2.262M
YoY Change -9.68% 10.07% 13.74%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.067M $3.427M $2.800M
YoY Change 9.53% 19.18% 9.9%
LONG-TERM LIABILITIES
Long-Term Debt $508.9K $399.9K $350.0K
YoY Change 45.42% 14.27% -36.79%
Other Long-Term Liabilities $3.067M $3.427M $253.5K
YoY Change 1109.97% 2279.47% -2.71%
Total Long-Term Liabilities $3.067M $3.951M $603.4K
YoY Change 408.22% 699.82% -25.88%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.067M $3.427M $2.800M
Total Long-Term Liabilities $3.067M $3.951M $603.4K
Total Liabilities $3.693M $3.951M $3.403M
YoY Change 8.52% 17.26% 1.24%
SHAREHOLDERS EQUITY
Retained Earnings -$10.39M -$10.42M
YoY Change 1.99%
Common Stock $8.065M $8.065M
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$2.293M -$2.318M -$2.262M
YoY Change
Total Liabilities & Shareholders Equity $1.400M $1.633M $1.141M
YoY Change 22.67% 30.11% 12.09%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022 Q1
OPERATING ACTIVITIES
Net Income $25.31K -$75.67K -$147.2K
YoY Change -117.19% -707.79% 44.85%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $281.5K $1.890K -$130.3K
YoY Change -316.14% -104.51% -5.79%
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 -$200.5K 17.07K 133.7K
YoY Change -249.94% -53.46% -7.16%
NET CHANGE
Cash From Operating Activities $281.5K 1.890K -130.3K
Cash From Investing Activities
Cash From Financing Activities -$200.5K 17.07K 133.7K
Net Change In Cash $81.00K 18.96K 3.490K
YoY Change 2220.83% -459.77% -39.83%
FREE CASH FLOW
Cash From Operating Activities $281.5K $1.890K -$130.3K
Capital Expenditures
Free Cash Flow
YoY Change

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CY2023Q1 us-gaap Convertible Notes Payable Current
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CY2023Q1 vprb Notes And Accounts Payable Related Parties
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<p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>NOTE 5: NOTES AND ACCOUNTS PAYABLE – RELATED PARTIES</b></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On February 25, 2021, the Company received $75,000 pursuant to a promissory note in the principal amount of $100,001 issued in May 2021, to Kevin Frija (“April 2021 Frija Note”), the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. An additional amount of $5,000 was received in January 2021. The principal amount due under the April 2021 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due in April 2022. The April 2021 Frija Note is unsecured. The balance of the April 2021 Frija Note as of March 31, 2023 and December 31, 2022 was $1,211 and $43,550, respectively.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From May and June 2021, the Company received $100,001 pursuant to a promissory note in the principal amount of $100,001 issued in June 2021, to Kevin Frija (“June 2021 Frija Note”), the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the June 2021 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due in June 2022. The June 2021 Frija Note is unsecured. The balance of the June 2021 Frija Note as of March 31, 2023 and December 31, 2022 was $68,760.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">From June through September 2021, the Company received a $100,001 pursuant to a promissory note in the principal amount of $100,001 issued in September 2021, to Kevin Frija (“September 2021 Frija Note”), the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the September 2021 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due in September 2022. The June 2021 Frija Note is unsecured. The balance of the September 2021 Frija Note as of March 31, 2023 and December 31, 2022 was $87,099.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In September and November 2021, the Company received a $100,001 pursuant to a promissory note in the principal amount of $100,001 (the “November 2021 Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the November 2021 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on November 2, 2021. The November 2021 Frija Note is unsecured. The balance of the November 2021 Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In November 2021, the Company received a $100,001 pursuant to a promissory note in the principal amount of $100,001 (the “November 2021 2<sup>nd</sup> Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the November 2021 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on November 2, 2021. The November 2021 2nd Frija Note is unsecured. The balance of the November 2021 2<sup>nd</sup> Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On December 8, 2021, the Company issued a promissory note in the principal amount of $100,001 (the “December 2021 Note”) to Kevin Frija, who is the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant stockholder of the Company. The principal amount due under the December 2021 Note bears interest at the rate of 24% per annum, and the December 2021 Note permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on December 8, 2022. The December 2021 Note is unsecured. The balance of the December 2021 Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In December 2021, the Company received $60,000 and in January 2022 received $40,001 of advances pursuant to a promissory note in the principal amount of $100,001 (the “January 2022 Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the January 2022 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on January 2023. The January 2022 Frija Note is unsecured. The balance of the January 2022 Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In January 2022, the Company received $100,001 pursuant to a promissory note in the principal amount of $100,001 (the “January 2022B Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the January 2022B Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on January 2023. The January 2022B Frija Note is unsecured. The balance of the January 2022B Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In January 2022, the Company received $101,000 pursuant to a promissory note in the principal amount of $100,001 (the “January 2022C Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the January 2022C Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due in January 2023. The January 2022C Frija Note is unsecured. The balance of the January 2022C Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In March 2022, the Company received $101,000 pursuant to a promissory note in the principal amount of $100,001 (the “March 2022 Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the March 2022 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due in March 2023. The March 2022 Frija Note is unsecured. The balance of the March 2022 Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In April 2022, the Company received $100,001 pursuant to a promissory note in the principal amount of $100,001 (the “April 2022 Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the April 2022 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on April 7, 2023. The April 2022 Frija Note is unsecured. The balance of the April 2022 Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In April 2022, the Company received $52,000 and in September 2022 received $48,001 of advances pursuant to a promissory note in the principal amount of $100,001 (the “June 2022 Frija Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant unitholder of the Company. The principal amount due under the May 2022 Frija Note bears interest at the rate of 24% per annum, and permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due in May 2023. The May 2022 Frija Note is unsecured. The balance of the May 2022 Frija Note as of March 31, 2023 and December 31, 2022 was $100,001.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In September 2022, the Company received $1,000 and in October 2022 received $14,000 of advances pursuant to a promissory note in the principal amount of $100,001 (the “September 2022 Note”) to Kevin Frija, the Company’s Chief Executive Officer, President, principal financial officer, principal accounting officer and Chairman of the Board, and a significant stockholder of the Company. The principal amount due under the September 2022 Note bears interest at the rate of 24% per annum, and the September 2022 Note permits Mr. Frija to deduct one ACH payment from the Company’s bank account in the amount of $500 per business day until the principal amount due and accrued interest is repaid. Any unpaid principal amount and any accrued interest is due on September 20, 2023. The September 2022 Note is unsecured. The balance of the September 2022 Note as of March 31, 2023 and December 31, 2022 was $15,000.</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The following is a summary of notes payable – related parties activity for the three months ended March 31, 2023:</p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><table cellpadding="0" cellspacing="0" style="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif"> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 88%">Balance at December 31, 2022</td><td style="width: 1%"> </td> <td style="width: 1%; text-align: left">$</td><td style="width: 9%; text-align: right">1,114,418</td><td style="width: 1%; text-align: left"> </td></tr> <tr style="vertical-align: bottom; "> <td style="padding-bottom: 1.5pt">Repayments of principal</td><td style="padding-bottom: 1.5pt"> </td> <td style="border-bottom: Black 1.5pt solid; text-align: left"> </td><td style="border-bottom: Black 1.5pt solid; text-align: right">(42,338</td><td style="padding-bottom: 1.5pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-bottom: 4pt">Balance at March 31, 2023</td><td style="padding-bottom: 4pt"> </td> <td style="border-bottom: Black 4pt double; text-align: left">$</td><td style="border-bottom: Black 4pt double; text-align: right">1,072,080</td><td style="padding-bottom: 4pt; text-align: left"> </td></tr> </table><p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><i>Accounts Payable - Related Party</i></p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"> </p><p style="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif">As of March 31, 2023, accounts payable - related party of $220,386 includes $212,709 of interest on related party loans and $7,677 of other accounts payable due to an officer and a related party. As of December 31, 2022, accounts payable - related party of $237,049 includes $205,259 of interest on related party loans and $31,790 of other accounts payable due to an officer and a related party.</span>  </p>
CY2022Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
1114418 usd
CY2023Q1 us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
42338 usd
CY2023Q1 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
1072080 usd
CY2023Q1 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
220386 usd
CY2023Q1 vprb Due On Lease Agreement
DueOnLeaseAgreement
212709 usd
CY2023Q1 vprb Interest Related Party
InterestRelatedParty
7677 usd
CY2022 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
237049 usd
CY2022Q4 vprb Due On Lease Agreement
DueOnLeaseAgreement
205259 usd
CY2022Q4 vprb Interest Related Party
InterestRelatedParty
31790 usd
CY2023Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
0.1
CY2022Q1 us-gaap Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
1860 usd
CY2022Q1 vprb Annual Interest Rate Percentage
AnnualInterestRatePercentage
0.264 pure
CY2023Q1 us-gaap Interest Expense
InterestExpense
10044 usd
CY2022Q1 us-gaap Interest Expense
InterestExpense
13038 usd
CY2022Q1 us-gaap Other Notes Payable
OtherNotesPayable
1860 usd
CY2023Q1 vprb Annual Interest Rate Percentage
AnnualInterestRatePercentage
0.264 pure
CY2023Q1 us-gaap Notes And Loans Payable
NotesAndLoansPayable
144396 usd
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
578723 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
578723 shares
CY2023Q1 vprb Beneficial Ownership Percentage
BeneficialOwnershipPercentage
0.0499 pure
CY2020Q1 vprb Aggregate Purchase Price
AggregatePurchasePrice
5000000 usd
CY2023Q1 vprb Weighted Average Price
WeightedAveragePrice
0.85 pure
CY2023Q1 vprb Put Notice Aggregarte Value
PutNoticeAggregarteValue
25000 usd
CY2023Q1 vprb Percentage Of Average Daily Trading Value
PercentageOfAverageDailyTradingValue
1.50 pure
CY2023Q1 us-gaap Debt Instrument Convertible Threshold Trading Days
DebtInstrumentConvertibleThresholdTradingDays
5 pure
CY2023Q1 vprb Percentage Of Issued And Outstanding Shares
PercentageOfIssuedAndOutstandingShares
0.0499 pure
CY2023Q1 vprb Subsequent Financing
SubsequentFinancing
0.50 pure
CY2022Q1 vprb Monthly Rent Increased
MonthlyRentIncreased
15500 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
378426 usd
CY2023Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
109993 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
31400 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
43549 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
45727 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
48013 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
20410 usd
CY2023Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
189099 usd
CY2023Q1 vprb Amortized Operating Lease Right To Use Asset
AmortizedOperatingLeaseRightToUseAsset
6072 usd
CY2022Q1 vprb Amortized Operating Lease Right To Use Asset
AmortizedOperatingLeaseRightToUseAsset
27776 usd
CY2023Q1 vprb Rent Expense
RentExpense
16701 usd
CY2022Q1 vprb Rent Expense
RentExpense
53578 usd
CY2023Q1 vprb Customer Concentration Percentage
CustomerConcentrationPercentage
0.72 pure
CY2022Q1 vprb Customer Concentration Percentage
CustomerConcentrationPercentage
0.44 pure
CY2023Q1 vprb Accounts Receivable Related Partie
AccountsReceivableRelatedPartie
218600 usd
CY2022Q1 vprb Accounts Receivable Related Partie
AccountsReceivableRelatedPartie
178796 usd
CY2023Q1 dei Entity Registrant Name
EntityRegistrantName
VPR Brands, LP.
CY2023Q1 dei Security Exchange Name
SecurityExchangeName
NONE
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
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CY2022Q1 vprb Royalty Revenue
RoyaltyRevenue
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CY2023Q1 vprb Settlement Income
SettlementIncome
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CY2022Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
CY2022Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
CY2022Q1 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
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CY2022Q1 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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CY2023Q1 us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
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CY2023Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2022Q1 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
usd
CY2023Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
usd
CY2022Q4 us-gaap Deposit Contracts Liabilities
DepositContractsLiabilities
usd
CY2023Q1 dei Amendment Flag
AmendmentFlag
false
CY2023Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2023Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2023Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001376231

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