10-Q Filing

STEM CELL INC. CIK: 1828613 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0001477932-23-003384`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	global_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 23 Cash Flow Statement 40 Stockholders Equity 12

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Shares Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	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
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.16M	shares	Point-in-time
Cash	`Cash`	$7.26K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.16M	shares	Point-in-time
Cash	`Cash`	$7.30K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.00M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	20.16M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$7.26K	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	20.16M	shares	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$7.30K	USD	Point-in-time
Preferred Stock, Shares Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Shares Par Value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$398.00	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$398.00	USD	Point-in-time
TOTAL NON CURRENT ASSETS	`AssetsNoncurrent`	$398.00	USD	Point-in-time
TOTAL NON CURRENT ASSETS	`AssetsNoncurrent`	$398.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.70K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$7.66K	USD	Point-in-time
Note Payable - Related Party	`NotesPayableRelatedPartiesClassifiedCurrent`	$20.00K	USD	Point-in-time
Note Payable - Related Party	`NotesPayableRelatedPartiesClassifiedCurrent`	$20.00K	USD	Point-in-time
Loan - Related Party	`RelatedPartyLoan`	$4.54K	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	$4.00K	USD	Point-in-time
Account Payable	`AccountsPayableCurrent`	$4.00K	USD	Point-in-time
Interest Payable	`InterestPayableCurrent`	$600.00	USD	Point-in-time
Interest Payable	`InterestPayableCurrent`	-	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$5.80K	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$4.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$34.94K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$28.00K	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
COMMITMENTS AND CONTINGENCIES	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common Stock: authorized 180,000,000, $0.001 par value; Issued and outstanding shares : 20,155,300 at Mar 31, 2023 and 20,155,300 at Dec 31, 2022	`CommonStockValue`	$20.43K	USD	Point-in-time
Common Stock: authorized 180,000,000, $0.001 par value; Issued and outstanding shares : 20,155,300 at Mar 31, 2023 and 20,155,300 at Dec 31, 2022	`CommonStockValue`	$20.43K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$154.88K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$154.88K	USD	Point-in-time
Subscription Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$22.50K	USD	Point-in-time
Subscription Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	-	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-202.58K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-173.10K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-27.28K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-1.88K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$-20.30K	USD	Point-in-time
Total Stockholders' Equity (Deficit)	`StockholdersEquity`	$4.50K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$7.66K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT)	`LiabilitiesAndStockholdersEquity`	$7.70K	USD	Point-in-time

Income Statement 23 line items

Line Item	Tag	Value	Unit	Period
Royalty Proceeds	`RoyaltyRevenues`	-	USD	1 Quarter
Royalty Proceeds	`RoyaltyRevenues`	-	USD	1 Quarter
Total	`Revenues`	-	USD	1 Quarter
Total	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.57K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.88K	USD	1 Quarter
Legal and Professional Fees	`ProfessionalFees`	$3.50K	USD	1 Quarter
Legal and Professional Fees	`ProfessionalFees`	$24.30K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$28.87K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$6.38K	USD	1 Quarter
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-28.87K	USD	1 Quarter
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-6.38K	USD	1 Quarter
Interest Expense	`InterestExpense`	-	USD	1 Quarter
Interest Expense	`InterestExpense`	$600.00	USD	1 Quarter
Interest Expense	`InterestExpense`	$600.00	USD	Annual
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-29.47K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-6.38K	USD	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	1 Quarter
Weighted average number of shares outstanding	`WeightedAverageNumberOfSharesOutstandingBasic`	20.07M	shares	1 Quarter
Net loss per share - basic and fully diluted	`EarningPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Net loss per share - basic and fully diluted	`EarningPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter

Cash Flow Statement 40 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$6.38K	USD	1 Quarter
Net Income	`ProfitLoss`	$29.47K	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	1 Quarter
Common stock issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$22.50K	USD	1 Quarter
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	1 Quarter
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	1 Quarter
Account payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Account payable	`IncreaseDecreaseInAccountsPayable`	-	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$2.40K	USD	1 Quarter
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.00K	USD	1 Quarter
Provision for Income Tax	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Provision for Income Tax	`IncreaseDecreaseInIncomeTaxes`	-	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.38K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.57K	USD	1 Quarter
Acquisition of Royalty Interests	`AcquisitionOfRoyaltyInterests`	-	USD	1 Quarter
Acquisition of Royalty Interests	`AcquisitionOfRoyaltyInterests`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	1 Quarter
Due to related party	`DueToRelatedParty`	$4.54K	USD	1 Quarter
Due to related party	`DueToRelatedParty`	$2.88K	USD	1 Quarter
Demand promissory note	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Demand promissory note	`ProceedsFromNotesPayable`	-	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$4.54K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$2.88K	USD	1 Quarter
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-39.00	USD	1 Quarter
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-5.50K	USD	1 Quarter
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.30K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.10K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.26K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.60K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.30K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.10K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.26K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.60K	USD	Point-in-time
Taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Taxes	`IncomeTaxesPaid`	-	USD	1 Quarter
Interest	`InterestPaidNet`	$600.00	USD	1 Quarter
Interest	`InterestPaidNet`	-	USD	1 Quarter
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$22.50K	USD	1 Quarter
Common stock issued for services	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$-27.28K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-1.88K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-20.30K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$4.50K	USD	Point-in-time
Common Shares Issued	`CommonSharesIssuedAmount`	-	USD	1 Quarter
Common Shares Issued	`CommonSharesIssuedAmount`	$22.50K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-29.47K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-6.38K	USD	1 Quarter
Balance, amount	`StockholdersEquity`	$-27.28K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-1.88K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-20.30K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$4.50K	USD	Point-in-time

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