10-Q Filing

STEM CELL INC. CIK: 1828613 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001477932-23-005957`
Period End Date	20230630
Filing Date	20230814
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	global_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 52 Income Statement 45 Cash Flow Statement 42 Stockholders Equity 14

Balance Sheet 52 line items

Line Item	Tag	Value	Unit	Period
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	20.00M	shares	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
Cash	`Cash`	$3.26K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	180.00M	shares	Point-in-time
Cash	`Cash`	$7.30K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	180.00M	shares	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`	$3.26K	USD	Point-in-time
Common Stock, Shares Par Value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL CURRENT ASSETS	`AssetsCurrent`	$7.30K	USD	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.16M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.00M	shares	Point-in-time
Common Stock, Shares Issued	`CommonStockSharesIssued`	20.16M	shares	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$398.00	USD	Point-in-time
Deposit	`DepositsAssetsNoncurrent`	$398.00	USD	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	20.16M	shares	Point-in-time
Common Stock, Shares Outstanding	`CommonStockSharesOutstanding`	20.16M	shares	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`	$3.66K	USD	Point-in-time
Note Payable - Related Party	`NotesPayableRelatedPartiesCurrent`	$20.00K	USD	Point-in-time
Note Payable - Related Party	`NotesPayableRelatedPartiesCurrent`	$20.00K	USD	Point-in-time
Loan - Related Party	`RelatedPartyDebtCurrent`	-	USD	Point-in-time
Loan - Related Party	`RelatedPartyDebtCurrent`	$7.01K	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`	-	USD	Point-in-time
Interest Payable	`InterestPayableCurrent`	$1.20K	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$4.00K	USD	Point-in-time
Accrued Liabilities	`AccruedLiabilitiesCurrent`	$3.60K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$28.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$35.81K	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 Jun 30, 2023 and 20,155,300 at Dec 31, 2022*	`CommonStockValue`	$20.16K	USD	Point-in-time
Common Stock: authorized 180,000,000, $0.001 par value Issued and outstanding shares: 20,155,300 at Jun 30, 2023 and 20,155,300 at Dec 31, 2022*	`CommonStockValue`	$20.16K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$155.15K	USD	Point-in-time
Additional Paid-in Capital	`AdditionalPaidInCapital`	$155.15K	USD	Point-in-time
Subscription Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	$22.50K	USD	Point-in-time
Subscription Receivable	`StockholdersEquityNoteSubscriptionsReceivable`	-	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-173.10K	USD	Point-in-time
Accumulated Deficit	`RetainedEarningsAccumulatedDeficit`	$-207.45K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$4.50K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-11.08K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-32.15K	USD	Point-in-time
Total Stockholders' Equity	`StockholdersEquity`	$-20.30K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$3.66K	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	`LiabilitiesAndStockholdersEquity`	$7.70K	USD	Point-in-time

Income Statement 45 line items

Line Item	Tag	Value	Unit	Period
Royalty Proceeds	`RoyaltyRevenues`	-	USD	2 Qtrs
Royalty Proceeds	`RoyaltyRevenues`	-	USD	1 Quarter
Royalty Proceeds	`RoyaltyRevenues`	-	USD	2 Qtrs
Royalty Proceeds	`RoyaltyRevenues`	-	USD	1 Quarter
Total	`Revenues`	-	USD	2 Qtrs
Total	`Revenues`	-	USD	2 Qtrs
Total	`Revenues`	-	USD	1 Quarter
Total	`Revenues`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.47K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.70K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.05K	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$5.58K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$26.10K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$29.00K	USD	1 Quarter
Professional Fees	`ProfessionalFees`	$32.50K	USD	2 Qtrs
Professional Fees	`ProfessionalFees`	$1.80K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$4.27K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$38.08K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$31.70K	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$33.15K	USD	2 Qtrs
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-33.15K	USD	2 Qtrs
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-31.70K	USD	1 Quarter
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-38.08K	USD	2 Qtrs
Net Loss Before Tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-4.27K	USD	1 Quarter
Interest Expense	`InterestExpense`	$1.20K	USD	Annual
Interest Expense	`InterestExpense`	$600.00	USD	1 Quarter
Interest Expense	`InterestExpense`	-	USD	2 Qtrs
Interest Expense	`InterestExpense`	$1.20K	USD	2 Qtrs
Interest Expense	`InterestExpense`	-	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	1 Quarter
Provision for Income Tax	`IncomeTaxExpenseBenefit`	-	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-38.08K	USD	2 Qtrs
Net Loss	`NetIncomeLoss`	$-4.87K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-31.70K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-34.35K	USD	2 Qtrs
Net loss per share - basic and fully diluted	`NetEarningPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Net loss per share - basic and fully diluted	`NetEarningPerShareBasicAndDiluted`	$-0.00	USD	2 Qtrs
Net loss per share - basic and fully diluted	`NetEarningPerShareBasicAndDiluted`	$-0.00	USD	1 Quarter
Net loss per share - basic and fully diluted	`NetEarningPerShareBasicAndDiluted`	$-0.00	USD	2 Qtrs
Weighted average number of shares* outstanding:	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	2 Qtrs
Weighted average number of shares* outstanding:	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	1 Quarter
Weighted average number of shares* outstanding:	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	1 Quarter
Weighted average number of shares* outstanding:	`WeightedAverageNumberOfSharesOutstandingBasic`	20.16M	shares	2 Qtrs

Cash Flow Statement 42 line items

Line Item	Tag	Value	Unit	Period
Net Income	`NetIncomeLoss`	$-38.08K	USD	2 Qtrs
Net Income	`NetIncomeLoss`	$-4.87K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-31.70K	USD	1 Quarter
Net Income	`NetIncomeLoss`	$-34.35K	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServicesOperatingActivity`	$22.50K	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServicesOperatingActivity`	$22.50K	USD	2 Qtrs
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	2 Qtrs
Security deposit	`IncreaseDecreaseInSecurityDeposits`	-	USD	2 Qtrs
Account payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Account payable	`IncreaseDecreaseInAccountsPayable`	-	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$800.00	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-2.00K	USD	2 Qtrs
Provision for Income Tax	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Provision for Income Tax	`IncreaseDecreaseInIncomeTaxes`	-	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-11.05K	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-17.58K	USD	2 Qtrs
Acquisition of Royalty Interests	`AcquisitionOfRoyaltyInterests`	-	USD	2 Qtrs
Acquisition of Royalty Interests	`AcquisitionOfRoyaltyInterests`	-	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	-	USD	2 Qtrs
Due to related party	`DueToRelatedParty`	$7.01K	USD	2 Qtrs
Due to related party	`DueToRelatedParty`	$6.12K	USD	2 Qtrs
Demand promissory note	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Demand promissory note	`ProceedsFromNotesPayable`	-	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$7.01K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$6.12K	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-11.46K	USD	2 Qtrs
Net increase in cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-4.04K	USD	2 Qtrs
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.60K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.26K	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.00	USD	Point-in-time
Cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.30K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.60K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.26K	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$143.00	USD	Point-in-time
Cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.30K	USD	Point-in-time
Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Taxes	`IncomeTaxesPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	-	USD	2 Qtrs
Interest	`InterestPaid`	$1.20K	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	-	USD	2 Qtrs
Common stock issued for services	`CommonStockIssuedForServices`	$90.00K	USD	2 Qtrs

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, amount	`StockholdersEquity`	$4.50K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-11.08K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-32.15K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-20.30K	USD	Point-in-time
Common Shares Issued, amount	`CommonSharesIssuedAmount`	$22.50K	USD	2 Qtrs
Common Shares Issued, amount	`CommonSharesIssuedAmount`	$22.50K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-38.08K	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$-4.87K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-31.70K	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-34.35K	USD	2 Qtrs
Balance, amount	`StockholdersEquity`	$4.50K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-11.08K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-32.15K	USD	Point-in-time
Balance, amount	`StockholdersEquity`	$-20.30K	USD	Point-in-time

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