2024 Q2 Form 10-Q Financial Statement
#000149315224020699 Filed on May 20, 2024
Income Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
Revenue | |||
YoY Change | |||
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $8.290K | $21.33K | $8.090K |
YoY Change | 18.6% | 163.66% | 14.59% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $8.289K | $21.33K | $8.089K |
YoY Change | 18.58% | 163.7% | 14.58% |
Operating Profit | -$8.289K | -$21.33K | -$8.089K |
YoY Change | 18.58% | 163.7% | 14.61% |
Interest Expense | |||
YoY Change | |||
% of Operating Profit | |||
Other Income/Expense, Net | $0.00 | ||
YoY Change | |||
Pretax Income | -$8.290K | -$21.33K | -$8.089K |
YoY Change | 18.6% | 163.69% | 14.58% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$8.289K | -$21.33K | -$8.089K |
YoY Change | 18.58% | 163.7% | 14.58% |
Net Earnings / Revenue | |||
Basic Earnings Per Share | $0.00 | $0.00 | $0.00 |
Diluted Earnings Per Share | $0.00 | $0.00 | $0.00 |
COMMON SHARES | |||
Basic Shares Outstanding | 330.5M shares | 330.5M shares | 330.5M shares |
Diluted Shares Outstanding | 330.5M shares | 330.5M shares | 330.5M shares |
Balance Sheet
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | |||
YoY Change | |||
Cash & Equivalents | |||
Short-Term Investments | |||
Other Short-Term Assets | $0.00 | $2.020K | |
YoY Change | -100.0% | -9.42% | |
Inventory | |||
Prepaid Expenses | $2.023K | ||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $2.023K | ||
YoY Change | -9.28% | ||
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 | $0.00 | $0.00 |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $2.023K | ||
Total Long-Term Assets | $0.00 | $0.00 | $0.00 |
Total Assets | $2.023K | ||
YoY Change | -9.28% | ||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $23.44K | $20.16K | $747.00 |
YoY Change | 11737.88% | 2598.26% | 273.5% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $92.98K | $80.00K | |
YoY Change | 16.23% | 76.21% | |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $121.4K | $113.1K | $80.75K |
YoY Change | 40.39% | 40.12% | 77.07% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $0.00 | |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $0.00 | $0.00 | |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $121.4K | $113.1K | $80.75K |
Total Long-Term Liabilities | $0.00 | $0.00 | |
Total Liabilities | $121.4K | $113.1K | $80.75K |
YoY Change | 40.39% | 40.12% | 77.07% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$15.86M | -$15.85M | -$15.82M |
YoY Change | 0.23% | 0.22% | |
Common Stock | $33.05K | $33.05K | $33.05K |
YoY Change | 0.0% | 0.0% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | -$121.4K | -$113.1K | -$78.72K |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.023K | ||
YoY Change | -9.28% |
Cashflow Statement
Concept | 2024 Q2 | 2024 Q1 | 2023 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$8.289K | -$21.33K | -$8.089K |
YoY Change | 18.58% | 163.7% | 14.58% |
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | -$5.010K | -$140.00 | -$7.860K |
YoY Change | -20.48% | -98.22% | 38.14% |
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Cash From Investing Activities | $0.00 | $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 | 5.010K | 140.0 | 7.860K |
YoY Change | -20.48% | -98.22% | 38.14% |
NET CHANGE | |||
Cash From Operating Activities | -5.010K | -140.0 | -7.860K |
Cash From Investing Activities | 0.000 | 0.000 | 0.000 |
Cash From Financing Activities | 5.010K | 140.0 | 7.860K |
Net Change In Cash | 0.000 | 0.000 | 0.000 |
YoY Change | |||
FREE CASH FLOW | |||
Cash From Operating Activities | -$5.010K | -$140.00 | -$7.860K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
usd | ||
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2024Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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CY2023Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
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CY2024Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2023Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
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CY2023Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2023Q3 | us-gaap |
Assets Current
AssetsCurrent
|
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CY2023Q3 | us-gaap |
Assets
Assets
|
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CY2024Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
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CY2023Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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CY2024Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
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CY2023Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
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CY2024Q1 | us-gaap |
Assets Current
AssetsCurrent
|
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CY2024Q1 | us-gaap |
Assets
Assets
|
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CY2024Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
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us-gaap |
Share Based Compensation
ShareBasedCompensation
|
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us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
usd | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
usd | ||
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
usd | ||
CY2023Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2022Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2024Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
CY2023Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
|
usd | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Interest Paid Net
InterestPaidNet
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
usd | ||
CY2024Q1 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
usd | |
CY2023Q3 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
usd | |
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
No | ||
dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
No | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
true | ||
dei |
Entity Ex Transition Period
EntityExTransitionPeriod
|
false | ||
dei |
Entity Shell Company
EntityShellCompany
|
true | ||
CY2024Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
330483033 | shares |
CY2023Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | ||
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | ||
CY2024Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
330483033 | shares |
CY2024Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
20156 | usd |
CY2023Q3 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
495 | usd |
CY2024Q1 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
92984 | usd |
CY2023Q3 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
90810 | usd |
CY2024Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
113140 | usd |
CY2023Q3 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
91305 | usd |
CY2024Q1 | us-gaap |
Liabilities
Liabilities
|
113140 | usd |
CY2023Q3 | us-gaap |
Liabilities
Liabilities
|
91305 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
0 | usd |
CY2023Q3 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
0 | usd |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2023Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
330483033 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
330483033 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
330483033 | shares |
CY2023Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
330483033 | shares |
CY2024Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
33048 | usd |
CY2023Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
33048 | usd |
CY2024Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
15705814 | usd |
CY2023Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
15705814 | usd |
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-15852002 | usd |
CY2023Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-15830167 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-113140 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-91305 | usd |
CY2024Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21331 | usd |
CY2023Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8089 | usd |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
21835 | usd | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
18537 | usd | |
CY2024Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
21331 | usd |
CY2023Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
8089 | usd |
us-gaap |
Operating Expenses
OperatingExpenses
|
21835 | usd | |
us-gaap |
Operating Expenses
OperatingExpenses
|
18537 | usd | |
CY2024Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-21331 | usd |
CY2023Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-8089 | usd |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-21835 | usd | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-18537 | usd | |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-21331 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8089 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21835 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18537 | usd | |
CY2024Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2024Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.00 | |
CY2023Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.00 | |
CY2024Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
330483033 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
330483033 | shares |
CY2023Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
330483033 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
330483033 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
330483033 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
330483033 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
330483033 | shares | |
CY2022Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-70634 | usd |
CY2023Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8089 | usd |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-78723 | usd |
CY2022Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-60186 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18537 | usd | |
CY2023Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-78723 | usd |
CY2023Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-91809 | usd |
CY2024Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-21331 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-113140 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21835 | usd | |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-113140 | usd |
CY2024Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-113140 | usd |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-21835 | usd | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-18537 | usd | |
us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
836 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
19661 | usd | |
us-gaap |
Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
549 | usd | |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-91305 | usd |
CY2023Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-91305 | usd |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-2174 | usd | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
-18824 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
2174 | usd | |
us-gaap |
Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
|
18824 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2174 | usd | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
18824 | usd | |
us-gaap |
Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
|
<p id="xdx_844_eus-gaap--ComparabilityOfPriorYearFinancialData_zTA8kwHcCPGd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_86A_zy2jcZfgUvl7">Management’s Representation of Interim Financial Statements</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed consolidated financial statements have been prepared by the Company without audit pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”). The Company uses the same accounting policies in preparing quarterly and annual financial statements. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States (“GAAP”) have been condensed or omitted as allowed by such rules and regulations, and management believes that the disclosures are adequate to make the information presented not misleading. These condensed consolidated financial statements include all of the adjustments, which in the opinion of management are necessary to a fair presentation of financial position and results of operations. All such adjustments are of a normal and recurring nature. Interim results are not necessarily indicative of results for a full year. These condensed financial statements should be read in conjunction with the audited financial statements and notes thereto at September 30, 2023 as presented in the Company’s Annual Report on Form 10-K.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2024Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-15852002 | usd |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<p id="xdx_849_eus-gaap--UseOfEstimates_zriqK4G8bVC4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i><span style="text-decoration: underline"><span id="xdx_860_z9UF4UWEQyl4">Use of Estimates</span></span></i></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 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 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to income taxes and contingencies. The Company bases its estimates on historical experience, known or expected trends, and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0pt 0pt 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> | ||
CY2024Q1 | us-gaap |
Cash
Cash
|
0 | usd |
CY2023Q3 | us-gaap |
Cash
Cash
|
0 | usd |
CY2024Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
50000000 | shares |
CY2024Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
500000000 | shares |
CY2024Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2024Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
330483033 | shares |
CY2024Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
330483033 | shares |