10-Q/A Filing

APPLE ISPORTS GROUP, INC. CIK: 1134982 Q1 2023

Filing Information

Form Type	10-Q/A
Accession Number	`0001477932-23-005385`
Period End Date	20230331
Filing Date	20230718
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	pvnc_10qa_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 53 Income Statement 48 Cash Flow Statement 36 Stockholders Equity 8

Balance Sheet 53 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`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	202.70M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	202.70M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.86K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$48.02K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	0.00	shares	Point-in-time
Goods and service tax receivable	`IncomeTaxReceivable`	$14.12K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	0.00	shares	Point-in-time
Goods and service tax receivable	`IncomeTaxReceivable`	$18.84K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	202.70M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	202.70M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares1`	1.00	shares	Point-in-time
Marketable security	`MarketableSecuritiesCurrent`	$100.00	USD	Point-in-time
Marketable security	`MarketableSecuritiesCurrent`	$100.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$66.95K	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$34.08K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.77K	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$6.72K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$73.67K	USD	Point-in-time
TOTAL ASSETS	`Assets`	$40.84K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$320.25K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$173.83K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent1`	$3.99K	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrent1`	$4.70K	USD	Point-in-time
Loans payable - related parties	`LoansPayable`	$1.57M	USD	Point-in-time
Loans payable - related parties	`LoansPayable`	$1.31M	USD	Point-in-time
Accrued interest - related parties	`AccruedInterestRelatedParties`	$16.25K	USD	Point-in-time
Accrued interest - related parties	`AccruedInterestRelatedParties`	$25.58K	USD	Point-in-time
Accrued payroll	`AccruedPayrollTaxesCurrent`	$31.25K	USD	Point-in-time
Accrued payroll	`AccruedPayrollTaxesCurrent`	$273.40K	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$1.68M	USD	Point-in-time
TOTAL CURRENT LIABILITIES	`LiabilitiesCurrent`	$2.05M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$1.68M	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$2.05M	USD	Point-in-time
Common stock, $.0001 par value, 500,000,000 shares authorized, 202,704,210 issued and outstanding as of March 31, 2023 and December 31, 2022	`CommonStockValue`	$20.27K	USD	Point-in-time
Common stock, $.0001 par value, 500,000,000 shares authorized, 202,704,210 issued and outstanding as of March 31, 2023 and December 31, 2022	`CommonStockValue`	$20.27K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.12M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.12M	USD	Point-in-time
Treasury stock, 1 share, at cost	`TreasuryStockValue`	$52.95K	USD	Point-in-time
Treasury stock, 1 share, at cost	`TreasuryStockValue`	$52.95K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$41.16K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$26.96K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-7.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-6.76M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-1.97M	USD	Point-in-time
TOTAL STOCKHOLDERS' DEFICIT	`StockholdersEquity`	$-1.64M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$73.67K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$40.84K	USD	Point-in-time

Income Statement 48 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`Revenues`	-	USD	1 Quarter
Net revenues	`Revenues`	-	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	$15.03K	USD	1 Quarter
Marketing and sales	`SellingAndMarketingExpense`	-	USD	1 Quarter
Foreign exchange loss (gain)	`ForeignCurrencyTransactionGainLossRealized`	$-300.00	USD	1 Quarter
Foreign exchange loss (gain)	`ForeignCurrencyTransactionGainLossRealized`	$3.71K	USD	1 Quarter
Rent	`Rent`	$13.20K	USD	1 Quarter
Rent	`Rent`	-	USD	1 Quarter
Dues and subscriptions	`DuesAndSubscriptions`	$1.25K	USD	1 Quarter
Dues and subscriptions	`DuesAndSubscriptions`	$780.00	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$43.10K	USD	1 Quarter
Salaries and wages	`SalariesAndWages`	$28.41K	USD	1 Quarter
Bank service fees	`FeesAndCommissionsMortgageBankingAndServicing`	$439.00	USD	1 Quarter
Bank service fees	`FeesAndCommissionsMortgageBankingAndServicing`	$116.00	USD	1 Quarter
Consulting fees	`ConsultingFees`	$36.56K	USD	1 Quarter
Consulting fees	`ConsultingFees`	$54.88K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$68.85K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$15.63K	USD	1 Quarter
Travel, meals and entertainment	`TravelAndEntertainmentExpense`	$474.00	USD	1 Quarter
Travel, meals and entertainment	`TravelAndEntertainmentExpense`	$929.00	USD	1 Quarter
Licensing and regulatory fees	`LicensingAndRegulatoryFees`	$590.00	USD	1 Quarter
Licensing and regulatory fees	`LicensingAndRegulatoryFees`	$10.90K	USD	1 Quarter
Office	`OfficeExpenses`	$8.69K	USD	1 Quarter
Office	`OfficeExpenses`	$5.50K	USD	1 Quarter
Related party expenses - officers & directors compensation	`OfficersCompensation`	$129.00K	USD	1 Quarter
Related party expenses - officers & directors compensation	`OfficersCompensation`	$59.90K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$336.32K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$161.33K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-161.33K	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-336.32K	USD	1 Quarter
Interest expense	`InterestExpense`	$837.00	USD	1 Quarter
Interest expense	`InterestExpense`	$9.77K	USD	1 Quarter
Total other expenses	`OtherExpenses`	$837.00	USD	1 Quarter
Total other expenses	`OtherExpenses`	$9.77K	USD	1 Quarter
Operating loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-162.16K	USD	1 Quarter
Operating loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic`	$-346.10K	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-162.16K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-346.10K	USD	1 Quarter
Foreign currency translation adjustment - Income (loss)	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-6.64K	USD	1 Quarter
Foreign currency translation adjustment - Income (loss)	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$14.21K	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-331.89K	USD	1 Quarter
Comprehensive Loss	`ComprehensiveIncomeNetOfTax`	$-168.81K	USD	1 Quarter
Net loss per share - basic and diluted	`NetLossPerShareBasicAndDiluted`	-	USD	1 Quarter
Net loss per share - basic and diluted	`NetLossPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted	`WeightedNumberOfSharesOutstandingBasicanddiluted`	207.64M	shares	1 Quarter
Basic and diluted	`WeightedNumberOfSharesOutstandingBasicanddiluted`	202.70M	shares	1 Quarter

Cash Flow Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-162.16K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-346.10K	USD	1 Quarter
Foreign exchange (gain) loss	`ForeignCurrencyTransactionGainLossRealized`	$-300.00	USD	1 Quarter
Foreign exchange (gain) loss	`ForeignCurrencyTransactionGainLossRealized`	$3.71K	USD	1 Quarter
Goods and services tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$-4.72K	USD	1 Quarter
Goods and services tax receivable	`IncreaseDecreaseInIncomeTaxesReceivable`	$756.00	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	-	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$13.44K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-6.34K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-146.42K	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-845.00	USD	1 Quarter
Accrued interest	`IncreaseDecreaseInAccruedInterestReceivableNet`	$-9.33K	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInOtherAccruedLiabilities`	$13.26K	USD	1 Quarter
Accrued payroll	`IncreaseDecreaseInOtherAccruedLiabilities`	$242.15K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-167.39K	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-242.03K	USD	1 Quarter
Advances from related party	`AdvancesFromRelatedParty`	$707.00	USD	1 Quarter
Advances from related party	`AdvancesFromRelatedParty`	-	USD	1 Quarter
Proceeds from loan payable from related party	`ProceedsFromRelatedPartyDebt`	$258.94K	USD	1 Quarter
Proceeds from loan payable from related party	`ProceedsFromRelatedPartyDebt`	$171.12K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$171.12K	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$259.65K	USD	1 Quarter
Effect of changes in exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents1`	$10.54K	USD	1 Quarter
Effect of changes in exchange rates on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents1`	$-4.34K	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-603.00	USD	1 Quarter
NET INCREASE (DECREASE) IN CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$28.16K	USD	1 Quarter
CASH AND CASH EQUIVALENTS at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.66K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.86K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.06K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.02K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.66K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.86K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.06K	USD	Point-in-time
CASH AND CASH EQUIVALENTS at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$48.02K	USD	Point-in-time
Interest	`InterestPaid`	-	USD	1 Quarter
Interest	`InterestPaid`	-	USD	1 Quarter

Stockholders Equity 8 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$-1.97M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-1.64M	USD	Point-in-time
Other comprehensive income (loss)	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$-6.64K	USD	1 Quarter
Other comprehensive income (loss)	`TemporaryEquityForeignCurrencyTranslationAdjustments`	$14.21K	USD	1 Quarter
Net loss for period	`NetIncomeLoss`	$-162.16K	USD	1 Quarter
Net loss for period	`NetIncomeLoss`	$-346.10K	USD	1 Quarter
Balance, amount	`StockholdersEquity`	$-1.97M	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-1.64M	USD	Point-in-time

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