10-Q Filing

HAWKEYE SYSTEMS, INC. CIK: 1750777 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001477932-20-002210`
Period End Date	20191231
Filing Date	20200427
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	hwke-20191231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 60 Income Statement 60 Cash Flow Statement 48 Stockholders Equity 44

Balance Sheet 60 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, shares par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash	`Cash`	$777.00	USD	Point-in-time
Cash	`Cash`	$18.37K	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Prepaid and other assets	`PrepaidExpenseAndOtherAssets`	$4.86K	USD	Point-in-time
Interest receivable	`InterestReceivable`	$79.37K	USD	Point-in-time
Interest receivable	`InterestReceivable`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Note receivable	`NotesReceivableNet`	-	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Note receivable	`NotesReceivableNet`	$1.19M	USD	Point-in-time
Common stock, shares par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.27M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$23.23K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Investment in Radiant	`Investments`	-	USD	Point-in-time
Investment in Radiant	`Investments`	$920.80K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	400.00M	shares	Point-in-time
Equipment, Net	`PropertyPlantAndEquipmentNet`	$3.15K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	12.13M	shares	Point-in-time
Equipment, Net	`PropertyPlantAndEquipmentNet`	$1.94K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	9.90M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	9.90M	shares	Point-in-time
Total assets	`Assets`	$1.27M	USD	Point-in-time
Total assets	`Assets`	$947.17K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	12.13M	shares	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$86.66K	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrent`	$43.17K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$400.00K	USD	Point-in-time
Notes payable, related party	`NotesPayableRelatedPartiesClassifiedCurrent`	$200.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$486.66K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$243.17K	USD	Point-in-time
Total liabilities	`Liabilities`	$486.66K	USD	Point-in-time
Total liabilities	`Liabilities`	$243.17K	USD	Point-in-time
Contingencies (note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies (note 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value, 50,000,000 shares authorized, no shares issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value, 400,000,000 shares authorized, 12,130,849 and 9,897,116 shares issued and outstanding as of December 31, 2019 and June 30, 2019	`CommonStockValue`	$990.00	USD	Point-in-time
Common stock, $0.0001 par value, 400,000,000 shares authorized, 12,130,849 and 9,897,116 shares issued and outstanding as of December 31, 2019 and June 30, 2019	`CommonStockValue`	$1.21K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$3.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.20M	USD	Point-in-time
Stock subscription received	`CommonStockSharesSubscriptions`	$317.00K	USD	Point-in-time
Stock subscription received	`CommonStockSharesSubscriptions`	$170.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.91M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.42M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$782.82K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$1.03M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$439.55K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$639.07K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$471.85K	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$460.51K	USD	Point-in-time
Total liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$947.17K	USD	Point-in-time
Total liabilities and Stockholders' Equity	`LiabilitiesAndStockholdersEquity`	$1.27M	USD	Point-in-time

Income Statement 60 line items

Line Item	Tag	Value	Unit	Period
Revenue	`Revenues`	-	USD	2 Qtrs
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	1 Quarter
Revenue	`Revenues`	-	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.38K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$8.35K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$627.00	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$1.94K	USD	1 Quarter
Legal and professional expenses	`LegalFees`	$246.95K	USD	2 Qtrs
Legal and professional expenses	`LegalFees`	$12.06K	USD	1 Quarter
Legal and professional expenses	`LegalFees`	$233.32K	USD	1 Quarter
Legal and professional expenses	`LegalFees`	$45.81K	USD	2 Qtrs
Regulatory filing expenses and fees	`RegulatoryFilingExpensesAndFees`	$33.40K	USD	2 Qtrs
Regulatory filing expenses and fees	`RegulatoryFilingExpensesAndFees`	$14.74K	USD	2 Qtrs
Regulatory filing expenses and fees	`RegulatoryFilingExpensesAndFees`	$2.74K	USD	1 Quarter
Regulatory filing expenses and fees	`RegulatoryFilingExpensesAndFees`	$26.40K	USD	1 Quarter
Consulting fees	`ProfessionalFees`	-	USD	1 Quarter
Consulting fees	`ProfessionalFees`	$297.86K	USD	2 Qtrs
Consulting fees	`ProfessionalFees`	$21.00K	USD	1 Quarter
Marketing expenses	`MarketingExpense`	-	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$7.47K	USD	1 Quarter
Marketing expenses	`MarketingExpense`	$7.47K	USD	2 Qtrs
Escrow fees	`EscrowFees`	$11.89K	USD	2 Qtrs
Escrow fees	`EscrowFees`	$2.10K	USD	1 Quarter
Escrow fees	`EscrowFees`	-	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$575.36K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$41.19K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$92.48K	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$266.47K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-266.47K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-92.48K	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-41.19K	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-575.36K	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNet`	-	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNet`	$79.37K	USD	2 Qtrs
Interest income	`InterestIncomeExpenseNet`	$79.37K	USD	1 Quarter
Interest income	`InterestIncomeExpenseNet`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$-10.00K	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$-10.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Unrealized loss on joint venture	`UnrealizedLossOnJointVenture`	$-222.80K	USD	2 Qtrs
Unrealized loss on joint venture	`UnrealizedLossOnJointVenture`	$-99.29K	USD	1 Quarter
Unrealized loss on joint venture	`UnrealizedLossOnJointVenture`	-	USD	2 Qtrs
Total non-operating income (expense)	`OtherNonoperatingExpense`	$69.37K	USD	1 Quarter
Total non-operating income (expense)	`OtherNonoperatingExpense`	$-140.48K	USD	1 Quarter
Total non-operating income (expense)	`OtherNonoperatingExpense`	$-315.28K	USD	2 Qtrs
Total non-operating income (expense)	`OtherNonoperatingExpense`	$69.37K	USD	2 Qtrs
Net loss	`NetLoss`	$-505.99K	USD	2 Qtrs
Net loss	`NetLoss`	$-140.48K	USD	1 Quarter
Net loss	`NetLoss`	$-315.28K	USD	2 Qtrs
Net loss	`NetLoss`	$-197.10K	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	2 Qtrs
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.02	USD	1 Quarter
Net loss per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.04	USD	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.83M	shares	1 Quarter
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.89M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	11.49M	shares	2 Qtrs
Basic and diluted weighted average shares outstanding	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	8.89M	shares	1 Quarter

Cash Flow Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetLoss`	$-505.99K	USD	2 Qtrs
Net loss	`NetLoss`	$-140.48K	USD	1 Quarter
Net loss	`NetLoss`	$-315.28K	USD	2 Qtrs
Net loss	`NetLoss`	$-197.10K	USD	1 Quarter
Depreciation	`Depreciation`	$1.21K	USD	2 Qtrs
Depreciation	`Depreciation`	-	USD	2 Qtrs
Unrealized gain on joint venture	`UnrealizedGainOnJointVenture`	$222.80K	USD	2 Qtrs
Unrealized gain on joint venture	`UnrealizedGainOnJointVenture`	-	USD	2 Qtrs
Shares and warrants issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$467.10K	USD	2 Qtrs
Shares and warrants issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$4.86K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInOtherReceivables`	$-79.37K	USD	2 Qtrs
Interest receivable	`IncreaseDecreaseInOtherReceivables`	-	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.39K	USD	2 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-12.80K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-118.59K	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-105.28K	USD	2 Qtrs
Shares issued for Radiant note receivable	`SharesIssuedForRadiantNoteReceivable`	-	USD	2 Qtrs
Shares issued for Radiant note receivable	`SharesIssuedForRadiantNoteReceivable`	$70.00K	USD	2 Qtrs
Note receivable Radiant Images, Inc.	`NoteReceivableRadiantImagesInc`	-	USD	2 Qtrs
Note receivable Radiant Images, Inc.	`NoteReceivableRadiantImagesInc`	$-1.19M	USD	2 Qtrs
Investment in Radiant Images, Inc.	`InvestmentInRadiantImagesInc`	-	USD	2 Qtrs
Investment in Radiant Images, Inc.	`InvestmentInRadiantImagesInc`	$920.80K	USD	2 Qtrs
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	$-345.00K	USD	2 Qtrs
Investment in joint venture	`PaymentsToAcquireInterestInJointVenture`	-	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-345.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-198.00K	USD	2 Qtrs
Stock subscription received	`StockSubscriptionReceived1`	$147.00K	USD	2 Qtrs
Stock subscription received	`StockSubscriptionReceived1`	$140.00K	USD	2 Qtrs
Shares and warrants issued for financing	`SharesAndWarrantsIssuedForFinancing`	$50.00K	USD	2 Qtrs
Shares and warrants issued for financing	`SharesAndWarrantsIssuedForFinancing`	-	USD	2 Qtrs
Common stock issued for exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	2 Qtrs
Common stock issued for exercise of warrants	`ProceedsFromWarrantExercises`	$52.00K	USD	2 Qtrs
Issuance of common stock and receipt of paid-in capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$142.50K	USD	2 Qtrs
Issuance of common stock and receipt of paid-in capital	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$50.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$282.50K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$299.00K	USD	2 Qtrs
Net (decrease) in cash	`CashPeriodIncreaseDecrease`	$-167.78K	USD	2 Qtrs
Net (decrease) in cash	`CashPeriodIncreaseDecrease`	$-17.59K	USD	2 Qtrs
Cash, beginning of period	`CashBeginningOfPeriod`	$334.65K	USD	2 Qtrs
Cash, beginning of period	`CashBeginningOfPeriod`	$18.37K	USD	2 Qtrs
Cash, end of period	`CashEndOfPeriod`	$166.87K	USD	2 Qtrs
Cash, end of period	`CashEndOfPeriod`	$777.00	USD	2 Qtrs
Interest	`InterestPaidNet`	-	USD	2 Qtrs
Interest	`InterestPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs
Income taxes	`IncomeTaxesPaidNet`	-	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, amount	`StockholdersEquity`	$782.82K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$1.03M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$439.55K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$639.07K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$471.85K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$460.51K	USD	Point-in-time
Stock subscription receivable	`StockSubscriptionReceivable`	$-2.79K	USD	1 Quarter
Stock subscription receivable	`StockSubscriptionReceivable`	$142.50K	USD	1 Quarter
Stock subscription receivable	`StockSubscriptionReceivable`	$2.79K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-197.10K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-174.80K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-308.90K	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-140.48K	USD	1 Quarter
Stock subscription received	`StockSubscriptionReceived`	$43.00K	USD	1 Quarter
Stock subscription received	`StockSubscriptionReceived`	$340.00K	USD	1 Quarter
Stock subscription received	`StockSubscriptionReceived`	$-50.00K	USD	1 Quarter
Common stock issued for cash, amount	`CommonStockIssuedForCashAmount`	$40.58K	USD	1 Quarter
Common stock issued for cash, amount	`CommonStockIssuedForCashAmount`	$49.80K	USD	1 Quarter
Common stock issued as compensation, amount	`CommonStockIssuedAsCompensationAmount`	$183.20K	USD	1 Quarter
Common stock issued as compensation, amount	`CommonStockIssuedAsCompensationAmount`	$540.99K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForServices`	$7.51K	USD	1 Quarter
Warrants issued for services	`WarrantsIssuedForServices`	$198.00	USD	1 Quarter
Stock options for services	`StockOptionsForServices`	$1.92K	USD	1 Quarter
Common stock issued as financing, amount	`CommonStockIssuedAsFinancingAmount`	$50.00K	USD	1 Quarter
Warrants exercised, amount	`WarrantsExercisedAmount`	$52.00K	USD	1 Quarter
Warrant subscription received	`WarrantSubscriptionReceived`	$154.00K	USD	1 Quarter
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, shares	`SharesIssued`	-	shares	Point-in-time
Balance, amount	`StockholdersEquity`	$782.82K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$1.03M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$439.55K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$639.07K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$471.85K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$460.51K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.